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BO System? Here is "The Italian jOB"

  • #441
  • Sep 30, 2014 2:07am Sep 30, 2014 2:07am
Quoting nervesof
{quote} Mid-candle?
sorry I don`t understand what you are asking.
Plan, Patience, Profit
  • #442
  • Sep 30, 2014 2:08am Sep 30, 2014 2:08am
Quoting Jb38
thank you sugarman Can i ask you what is your broker ? (just to compare my data with the data from your broker). Sometimes my stoch value is different: i touch the 95 or 5 level line but apparently you didn't touch the line on the same time.
I`m using MT4 charts with IG.
Plan, Patience, Profit
  • #443
  • Sep 30, 2014 2:14am Sep 30, 2014 2:14am
Quoting sugarman
{quote} I`m using MT4 charts with IG.
are you using the main line from stoch or the slower signal line ?
  • #444
  • Sep 30, 2014 2:25am Sep 30, 2014 2:25am
sell USD/JPY
Attached Image
Plan, Patience, Profit
  • #445
  • Sep 30, 2014 3:55am Sep 30, 2014 3:55am
Quoting sugarman
{quote} sorry I don`t understand what you are asking.
I was asking whether you take the trade mid-candle.
  • #446
  • Sep 30, 2014 4:06am Sep 30, 2014 4:06am
Quoting nervesof
{quote} I was asking whether you take the trade mid-candle.
Ok, when the trigger candle closes I open a trade on the next open candle.
Plan, Patience, Profit
  • #447
  • Sep 30, 2014 4:17am Sep 30, 2014 4:17am
Quoting sugarman
{quote} Ok, when the trigger candle closes I open a trade on the next open candle.
according to the results from swingman indicator " bosugerman" signal , on us/cad there were 15 consecutive losses with this method, is this possible? if you double up this would wipe out account?
  • #448
  • Sep 30, 2014 4:21am Sep 30, 2014 4:21am
Quoting vanupips
{quote} according to the results from swingman indicator " bosugerman" signal , on us/cad there were 15 consecutive losses with this method, is this possible? if you double up this would wipe out account?
swingmans indicator I`m not using, so I wouldnt have 15 losses.
Plan, Patience, Profit
  • #449
  • Sep 30, 2014 4:44am Sep 30, 2014 4:44am
Quoting sugarman
{quote} Ok, when the trigger candle closes I open a trade on the next open candle.

Nice and wonderful Entry Strategy
  • #450
  • Sep 30, 2014 4:48am Sep 30, 2014 4:48am
Quoting vanupips
{quote} according to the results from swingman indicator " bosugerman" signal , on us/cad there were 15 consecutive losses with this method, is this possible? if you double up this would wipe out account?
Please everybody, forget about martingale. It will sooner or later wipe out your account because you cannot beat this mathematically unless you have infinite money and stakes. Just search it, progression is not a BRM. Beware of that.

If you cannot beat it with level stakes, then you should give up on it anyway.
If you beat it with level stakes, you will ruin your efforts with martingale.
  • #451
  • Sep 30, 2014 4:54am Sep 30, 2014 4:54am
Quoting sugarman
{quote} swingmans indicator I`m not using, so I wouldnt have 15 losses.
he is only using your stoch , nothing else, this is more alarm then indic. maybe because you only trade UK hours , you have less losses?
  • #452
  • Sep 30, 2014 4:55am Sep 30, 2014 4:55am
Quoting sugarman
{quote} Ok, when the trigger candle closes I open a trade on the next open candle.
I ask because what I've noticed is that often by the time the trigger candle closes, the stoch value has crossed back above/below 5 or 95, leaving me unsure whether to still take the trade.
  • #453
  • Sep 30, 2014 5:00am Sep 30, 2014 5:00am
Oh and by the way Sugarman, you probably know this already as an ig.com user. I've set alerts for all my currency pairs to notify me when the stochastic 14.3.3. signal line is above/below 94/6. Helps enormously with the eye strain of staring at the charts.
  • #454
  • Sep 30, 2014 5:20am Sep 30, 2014 5:20am
You don't have to strain your eyes - the data window in mt4 will tell you all you need to know.
  • #455
  • Sep 30, 2014 5:34am Sep 30, 2014 5:34am
Quoting nervesof
Oh and by the way Sugarman, you probably know this already as an ig.com user. I've set alerts for all my currency pairs to notify me when the stochastic 14.3.3. signal line is above/below 94/6. Helps enormously with the eye strain of staring at the charts.
that`s great can you please let me know how you set your alarm.
Plan, Patience, Profit
  • #456
  • Sep 30, 2014 5:36am Sep 30, 2014 5:36am
Quoting SeaTheStars
{quote} Please everybody, forget about martingale. It will sooner or later wipe out your account because you cannot beat this mathematically unless you have infinite money and stakes. Just search it, progression is not a BRM. Beware of that. If you cannot beat it with level stakes, then you should give up on it anyway. If you beat it with level stakes, you will ruin your efforts with martingale.
Your right, martingale will kill your account.
Plan, Patience, Profit
  • #457
  • Sep 30, 2014 6:18am Sep 30, 2014 6:18am
Quoting sugarman
{quote} that`s great can you please let me know how you set your alarm.
Gladly. In the navigate panel click on Forex, then Major Forex, click on the Chart symbol. When the chart opens click on Alerts, then Indicator Alerts then set up as per the screen shot below.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-09-30 at 12.09.39.png Size: 130 KB

Attached Image
  • #458
  • Sep 30, 2014 6:21am Sep 30, 2014 6:21am
Quoting handy148
You don't have to strain your eyes - the data window in mt4 will tell you all you need to know.
Yes, but this sends me an email so I don't even have to look at the charts unless I want to till a set-up is approaching.
  • #459
  • Sep 30, 2014 6:24am Sep 30, 2014 6:24am
Quoting nervesof
{quote} Yes, but this sends me an email so I don't even have to look at the charts unless I want to till a set-up is approaching.
Thank you.
Plan, Patience, Profit
  • #460
  • Sep 30, 2014 6:25am Sep 30, 2014 6:25am
Quoting nervesof
{quote} Yes, but this sends me an email so I don't even have to look at the charts unless I want to till a set-up is approaching.
Good to see another UK trader, where you from.
Plan, Patience, Profit
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