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Navarra System

  • #801
  • Aug 22, 2013 1:47am Aug 22, 2013 1:47am
i just pray that cad news will be a bad one to cover my losses
we DONT know where price will go the next second so trust your indicator
  • #802
  • Aug 22, 2013 1:49am Aug 22, 2013 1:49am
ok.yup sure is slower than yesterday

had couple losses yesterday, and my wins were cut short by the trade management EA settings i have, so have altered the breakeven point on MPTM...hoping to lock in those pips and ride out bigger trades with part close/jumping stops

Quoting enzo2325
{quote} Yes. Market is moving slow tonight. I still haven't gone to bed! 4:45am est time for me Dollar pairs waiting for 830 news I guess
  • #803
  • Aug 22, 2013 1:51am Aug 22, 2013 1:51am
Quoting cheataddict
i just pray that cad news will be a bad one to cover my losses
Everything seems to be rising on yen. Be careful with canadian. CADJPY tdi weekly and daily has rounded out
trading on demo is not trading
  • #804
  • Aug 22, 2013 1:53am Aug 22, 2013 1:53am
Hopefully its just retracing and you get a bounce off 200ema
trading on demo is not trading
  • #805
  • Aug 22, 2013 1:56am Aug 22, 2013 1:56am
Closed out gbpjpy for 18 pips. Didn't like how it was moving correlation with eurusd. Feels like it might go down.

Sold gbpusd. Good night everyone!
trading on demo is not trading
  • #806
  • Aug 22, 2013 2:13am Aug 22, 2013 2:13am
just 40 pips down
we DONT know where price will go the next second so trust your indicator
  • #807
  • Aug 22, 2013 3:30am Aug 22, 2013 3:30am
Great day
Thanks Enzo for todays pairs.
i banked 100 pips today.

I was short on EURUSD 40 pips , USDJPY 40 pips and USDCHF 20 pips.
  • #808
  • Aug 22, 2013 5:51am Aug 22, 2013 5:51am
Quoting cheataddict
just 40 pips down
CAdjpy bounced off 200 ema just like I hoped for you it would.

I see you took a big loss yesterday. Your account went down over a $1000. Remember to trade less and at better times. You are over trading and trading too big. This is the same way I lost $35,000 years ago. Don't get too confident and over trade.

Demo trading and live trading are completely different. The emotions and drawdown aren't as serious. If you trade safer now you will trade that way live. Couple bad trades and you will lose all your money just as I did. Take it from someone with experience.

Trade smarter and safer.
trading on demo is not trading
  • #809
  • Aug 22, 2013 5:54am Aug 22, 2013 5:54am
Quoting abdulaziz
Great day Thanks Enzo for todays pairs. i banked 100 pips today. I was short on EURUSD 40 pips , USDJPY 40 pips and USDCHF 20 pips.
Awesome!

Market didn't move too much and my take profit levels were not hit so im still in trades. Banked 100 pips on usdjpy but others are still open.

Going back to bed
trading on demo is not trading
  • #810
  • Aug 22, 2013 9:32am Aug 22, 2013 9:32am
Quoting abdulaziz
Great day Thanks Enzo for todays pairs. i banked 100 pips today. I was short on EURUSD 40 pips , USDJPY 40 pips and USDCHF 20 pips.

I don't want you to treat this as a signal service. I would like to see you post charts of trades you would like to take and offer some input as well.
trading on demo is not trading
  • #811
  • Aug 22, 2013 9:36am Aug 22, 2013 9:36am
NOTES ON PAIRS.

EURUSD seems to have developed a daily divergence on TDI and Stochastic. All signs point to down. New home sales tomorrow morning should make this bad boy crash.

GBPUSD will follow ^^^^^^^^

usdchf daily trend is turning up.

I am still in these 3 trades and these will be the ONLY pairs I trade.
trading on demo is not trading
  • #812
  • Aug 22, 2013 10:27am Aug 22, 2013 10:27am
a very bad day for me
we DONT know where price will go the next second so trust your indicator
  • #813
  • Aug 22, 2013 10:47am Aug 22, 2013 10:47am
Quoting cheataddict
a very bad day for me
i think you need to work on money management...
you`re risking too much...i saw yesterday +34%...today -39% this is not normal...even on demo

anyway...keep up the good work
  • #814
  • Aug 22, 2013 10:56am Aug 22, 2013 10:56am
Quoting bradu
{quote} i think you need to work on money management... you`re risking too much...i saw yesterday +34%...today -39% this is not normal...even on demo anyway...keep up the good work

thanks
we DONT know where price will go the next second so trust your indicator
  • #815
  • Aug 22, 2013 12:43pm Aug 22, 2013 12:43pm
Traders need to learn when to trade and when not to trade. What is going to kill your account is OVERTRADING! Trying to get in every move. Relax and trade smart. Don't worry about trying to double your account in 3 days. You will lose it in 4 days if you trade that way.

I will say this again...

Trading hours are 1am est time to 11am est. That's it! after that shut your computer off and walk away.
Come back at 11pm est time and find a good pair to trade.
Max 3 pairs!

If you want to trade the lunch time reversal its a 2-3hr trade. just go for 25-40 pips and close it.

live by these rules and you will make money.

remember guys, I created the system and know its ins and outs with almost a year of screen time. sometimes it gets the best of me also but not anymore. Every trade I do now I do it for my baby boy and that keeps me trading smart.

good luck
trading on demo is not trading
  • #816
  • Aug 22, 2013 1:31pm Aug 22, 2013 1:31pm
preparing for tomorrow
we DONT know where price will go the next second so trust your indicator
  • #817
  • Aug 22, 2013 3:18pm Aug 22, 2013 3:18pm
Quoting enzo2325
Traders need to learn when to trade and when not to trade. What is going to kill your account is OVERTRADING! Trying to get in every move. Relax and trade smart. Don't worry about trying to double your account in 3 days. You will lose it in 4 days if you trade that way. I will say this again... Trading hours are 1am est time to 11am est. That's it! after that shut your computer off and walk away. Come back at 11pm est time and find a good pair to trade. Max 3 pairs! If you want to trade the lunch time reversal its a 2-3hr trade. just go for 25-40...

Hi Enzo2325, For the record I follow your system to the letter and this thread closely. I trade rather conservatively and am happy to take a 15pip profit on the lunch time turn around. As always experimenting with different indicators and rather than the "auto pivots" I use "Fibonacci pivots". If you remember your eur/usd where it bounced off the 200 ma? it also bounced straight off the fib pivots.
This is a great system, keep up the good work.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 57 KB
Attached File(s)
File Type: ex4 Fibonacci Pivots THV.ex4   5 KB | 384 downloads
  • #818
  • Aug 22, 2013 3:26pm Aug 22, 2013 3:26pm
Quoting wifiguy
{quote} Hi Enzo2325, For the record I follow your system to the letter and this thread closely. I trade rather conservatively and am happy to take a 15pip profit on the lunch time turn around. As always experimenting with different indicators and rather than the "auto pivots" I use "Fibonacci pivots". If you remember your eur/usd where it bounced off the 200 ma? it also bounced straight off the fib pivots. This is a great system, keep up the good work. {image} {file}
Very nice. Continue to post charts and share your trades.
trading on demo is not trading
  • #819
  • Aug 22, 2013 5:16pm Aug 22, 2013 5:16pm
For me, it was a good day. using the original system and firing trades at 7am BST as per rules, only one of my pairs had all indicators lined up correctly and with probability meter over 75%, and that was USDJPY. using part close after breakeven settings with a trade manager ( i cannot babysit trades as after firing them off i go to work) - made 125 pips

enzo i think you are right in that quality, not quantity is the key here. theres mad modifications to this system already and its only neww here, i think the original system has potential as is and should be tested . just my $0.02 im a newb myself
  • #820
  • Aug 22, 2013 5:38pm Aug 22, 2013 5:38pm
Quoting blamshakk
For me, it was a good day. using the original system and firing trades at 7am BST as per rules, only one of my pairs had all indicators lined up correctly and with probability meter over 75%, and that was USDJPY. using part close after breakeven settings with a trade manager ( i cannot babysit trades as after firing them off i go to work) - made 125 pips enzo i think you are right in that quality, not quantity is the key here. theres mad modifications to this system already and its only neww here, i think the original system has potential as is...
The original system allowed me to buy my fiance the ring she wanted. I would say it works

Its always quality. Here is the original system for me right now (below)

People always seem to modify systems and its fine with me because it wont bother me or my trading style. I presented what works for me and if people want to switch it around that's on them. Its not my money that's being affected.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d1-fxdirectdealer.png Size: 73 KB
trading on demo is not trading
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