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Ultimate Full-n-Final Trading Strategy

  • #1
  • First Post: Edited Jan 26, 2014 2:55am Nov 24, 2013 3:06am | Edited Jan 26, 2014 2:55am
Check following thread..
http://www.forexfactory.com/showthread.php?t=459503
  • #2
  • Edited 4:19am Nov 24, 2013 4:09am | Edited 4:19am
WOW, beautiful! Seems to be one of the best trading ideas that I have seen in FF during long, long time.
Thank you very much for posting!
  • #3
  • Nov 24, 2013 7:04am Nov 24, 2013 7:04am
Interesting.... How many candles do you consider to pick the longest?
  • #4
  • Nov 24, 2013 7:28am Nov 24, 2013 7:28am
What was your findings using this method on shorter time-frame..such as M15?
Lets make some green pips
  • #5
  • Nov 24, 2013 7:39am Nov 24, 2013 7:39am
The longest candle?
The longest of what?
The longest on the entire displayed chart? If so you'll only have about one trade a month.
  • #6
  • Nov 24, 2013 10:56am Nov 24, 2013 10:56am
Quoting 24hrs
please note: I am not a frequent visitor of forexfactory and i don’t track too much strategies. This is the only strategy i am following from last few weeks and it’s full-n-final. I will not update this strategy in future like other people do. I really don’t like this actually. This strategy is very easy to follow and only you, yourself can judge its performance. So this is the first and the last post about this strategy. Time-frame: 1 hour (longer the better) currency pair: Any (almost anything that trades in the world) indicator: Candle length...
thank you very much,it works,happy holidays
  • #7
  • Nov 24, 2013 11:33am Nov 24, 2013 11:33am
Quoting billbss
The longest candle? The longest of what? The longest on the entire displayed chart? If so you'll only have about one trade a month.
What method to use for defining "long candles" or "longest candles" may be everyone's individual choice. I would consider any candle that is above ATR of certain period.
The idea itself is absolutely good to my mind. Needs some research and testing.
  • #8
  • Nov 24, 2013 11:49am Nov 24, 2013 11:49am
Thanks all for showing interest in this thread.

Its all about visual trading. If you cannot find longest candle in the chart easily, then there may not be longest candle in the chart.

To make it easier use candle length indicator.
  • #9
  • Nov 24, 2013 12:05pm Nov 24, 2013 12:05pm
Quoting 24hrs
Thanks all for showing interest in this thread. Its all about visual trading. If you cannot find longest candle in the chart easily, then there may not be longest candle in the chart. To make it easier use candle length indicator.
According to visual backtest, we do not have to find the "longest" candle but just a long one. And my definition is that any candle can be considered as "long" if it is longer than ATR value.
  • #10
  • Nov 24, 2013 12:12pm Nov 24, 2013 12:12pm
I have attached few screen-shots, in this charts small child can identify longest candle.

I have marked red line to make it even more visible.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chfjpyh1.png Size: 27 KB
Click to Enlarge Name: euraudh1.png Size: 26 KB
Click to Enlarge Name: eurcadh1.png Size: 28 KB
Click to Enlarge Name: eurjpyh1.png Size: 28 KB
Click to Enlarge Name: usdchfh1.png Size: 31 KB
  • #11
  • Nov 24, 2013 12:51pm Nov 24, 2013 12:51pm
Very interesting strategy, it seems to work nicely on EUR/USD after a quick look.

About the stops, can you post a picture of example ?

Thank you.
Be this day Pipfully ! -> Love this smile !
  • #12
  • Nov 24, 2013 2:10pm Nov 24, 2013 2:10pm
Hi everybody,

looks really good in the hourly charts. I'll forward test this in the coming weeks and check my strategys against this one.

Have a successful week!
  • #13
  • Nov 24, 2013 3:40pm Nov 24, 2013 3:40pm
Quoting 24hrs
I have attached few screen-shots, in this charts small child can identify longest candle. I have marked red line to make it even more visible. {image} {image} {image} {image} {image}


it appears you only take short trades ?? from these charts.


what happens if price never retraces back towards start of the longest candle ? but keeps on going in one direction ? do you then wait for the next long candle in line with the price movement ?


how many candles can you count back to check for a long candle ...?
  • #14
  • Nov 24, 2013 3:57pm Nov 24, 2013 3:57pm
Quoting whatfx
{quote} it appears you only take short trades ?? from these charts. what happens if price never retraces back towards start of the longest candle ? but keeps on going in one direction ? do you then wait for the next long candle in line with the price movement ? how many candles can you count back to check for a long candle ...?

He's answered the question. He looks for the longest
Candle on the displayed chart. If it doesn't result in a trade- then there are no trades.

I think my observation was right. There will be very few trades
  • #15
  • Nov 24, 2013 4:06pm Nov 24, 2013 4:06pm
In your first chart on post 1, there was a larger candle than the one you traded on. It occurred on November 15 and resulted in a loss.
You're showing only the right section of the chart.
  • #16
  • Nov 24, 2013 11:49pm Nov 24, 2013 11:49pm
fxxking awesome! i get the point, exactly the last "PIECE" that i'm looking for!

Thanks
  • #17
  • Nov 25, 2013 12:47am Nov 25, 2013 12:47am
Quoting billbss
In your first chart on post 1, there was a larger candle than the one you traded on. It occurred on November 15 and resulted in a loss. You're showing only the right section of the chart.
No system in the world is accurate. That's why stop-loss is there.
If you want to win every trade.. this may not be suitable for you.
  • #18
  • Nov 25, 2013 12:49am Nov 25, 2013 12:49am
I don't know why this thread is moved to this section and also don't know whom to contact.

If anyone here is the member of FF administration please.. ask them to move it to main section.
  • #19
  • Nov 25, 2013 1:27am Nov 25, 2013 1:27am
Quoting 24hrs
I don't know why this thread is moved to this section and also don't know whom to contact. If anyone here is the member of FF administration please.. ask them to move it to main section.

Maybe because you posted a weightloss PDF in the first post?
  • #20
  • Nov 25, 2013 3:07am Nov 25, 2013 3:07am
Quoting 24hrs
{quote} No system in the world is accurate. That's why stop-loss is there. If you want to win every trade.. this may not be suitable for you.
If you show bogus wins, maybe this thread isn't suitable for anyone.
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