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Follow the monthly candle and be profitable

  • #301
  • Oct 1, 2014 4:46pm Oct 1, 2014 4:46pm
Quoting Robinho
10 pairs were in accordance ie D1, W1 and MN for the 1st time in months as rule post 162 AUDUSD SELL, NZDUSD SELL, AUDJPY SELL, NZDJPY SELL, EURNZD BUY, GBPNZD BUY, AUDCAD SELL, AUDNZD SELL, NZDCAD SELL, NZDCHF SELL Yesterday would have won in 07 EURUSD, GBPUSD, USDCAD, GBPCHF, USDCHF, USDJPY, USDSGD. GBPCAD just would not ... as armed post rule 162
How you won on EURUSD if on my chart is still in loss, GBPUSD positve but not hit yet the TP.....USDCAD in loss....USDCHF loss...all order are still open so didn't hit the TP. HOW YOU WIN than Robinho?
  • #302
  • Oct 1, 2014 4:52pm Oct 1, 2014 4:52pm
Dear Robinho, please post the screen shot of your pending order for the post 162 (10pips trio candle) system. Thanks
  • #303
  • Oct 1, 2014 5:16pm Oct 1, 2014 5:16pm
am I right in thinking that we have 2 methods running, a 10 tp and a 60 tp.
the first one is not good the second method is
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #304
  • Oct 1, 2014 5:17pm Oct 1, 2014 5:17pm
Quoting Robinho
So far 07 wins and 04 defeats. {image}
Good job!!
  • #305
  • Oct 1, 2014 5:26pm Oct 1, 2014 5:26pm
EA
Attached File(s)
File Type: ex4 Hamzuz - Follow Previous Monthly Candle.ex4   13 KB | 491 downloads
Reality is merely an illusion, albeit a very persistent one.
  • #306
  • Oct 1, 2014 6:33pm Oct 1, 2014 6:33pm
0.6:1 doesnt seem very good, it takes almost two winning trades to make up for one loss. if you follow the trend and use s/r it seems like you can at least shoot for 1:1 and filter out some bad trades.
  • #307
  • Oct 1, 2014 8:13pm Oct 1, 2014 8:13pm
Quoting HGFx
{quote} Robinho I need your help. Do you enter tardes directly when in accordance or do you still put a pending order of 20pips because most of the pairs have large spreads
I was without internet and I had to get in a few pairs later. but always put pending order, but had peers who had already arrived in the price ... so I went straight.
  • #308
  • Oct 1, 2014 8:20pm Oct 1, 2014 8:20pm
Quoting ginger
{quote} How you won on EURUSD if on my chart is still in loss, GBPUSD positve but not hit yet the TP.....USDCAD in loss....USDCHF loss...all order are still open so didn't hit the TP. HOW YOU WIN than Robinho?

Friend pays attention please. Orders that are closed are in post # 292 I'm still eurusd, gbpusd, USDCAD and USDCHF open. Rest assured, I'm not here to fool anyone. See my open orders
Attached Image (click to enlarge)
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  • #309
  • Oct 1, 2014 8:22pm Oct 1, 2014 8:22pm
Quoting HGFx
Dear Robinho, please post the screen shot of your pending order for the post 162 (10pips trio candle) system. Thanks
I'm not making these entradas.Mas we know whether or not gain by just watching.
  • #310
  • Oct 1, 2014 8:25pm Oct 1, 2014 8:25pm
Quoting billytt
am I right in thinking that we have 2 methods running, a 10 tp and a 60 tp. the first one is not good the second method is

Exactly ... but I think the TP 10 pips method is very good ... have to understand post # 162 We can win every month the 27 entries, and discover the rules ... that losing up to 02 entries we get the 10%.
  • #311
  • Oct 1, 2014 8:28pm Oct 1, 2014 8:28pm
Quoting mmb91
0.6:1 doesnt seem very good, it takes almost two winning trades to make up for one loss. if you follow the trend and use s/r it seems like you can at least shoot for 1:1 and filter out some bad trades.

Friend, I follow as well, but as I said do it your way ... had pairs last month that would give 400, 500 pips ... I do not want to be taking care of orders. DO NOT WANT TO BE IN PC ALL DAY. But if you place 100/200/300 pips Tp ... See rule # 133 post, I just need 500 pips to make 10%.
  • #312
  • Oct 1, 2014 8:57pm Oct 1, 2014 8:57pm
Quoting hamzuz
EA {file}
Good night you could explain the EA?

1) Buffer Entry 200?
2) On Monthly TF true or false?
3) Weekly on TF true or false?
4) on daily TF true or false?
5) trio on?
  • #313
  • Oct 2, 2014 2:28am Oct 2, 2014 2:28am
Robinho Thanks for your method, unfortunately my results are not good...

These are closed ...

Attached Image (click to enlarge)
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These are still active ...

Attached Image (click to enlarge)
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  • #314
  • Oct 2, 2014 3:44am Oct 2, 2014 3:44am
Quoting fiovit
Robinho Thanks for your method, unfortunately my results are not good... These are closed ... {image} These are still active ... {image}
You didnt study the system for entries, target, and exit. So far its 7 defeats and 8 wins
  • #315
  • Oct 2, 2014 5:00am Oct 2, 2014 5:00am
Quoting HGFx
{quote} You didnt study the system for entries, target, and exit. So far its 7 defeats and 8 wins
I do not understand what you mean, these are my results, please see your results please.
  • #316
  • Oct 2, 2014 5:47am Oct 2, 2014 5:47am
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  • #317
  • Oct 2, 2014 8:43am Oct 2, 2014 8:43am
Good morning friends, in addition to Forex market discipline have to be smart.

You see we had many defeats, but what to do?

Decrease STOP? Increasing TP? is what everyone thinks the 1st time
Decrease TP? Increase STOP? is what everyone thinks madness

We must first wait for the orders that are still open are closed.
We have to wait for the month end, to better evaluate what we need to improve.

See that the system 10x100 post # 162, we would not have lost.
Look we need 500 pips to get 10% per month as post # 133, every 50 pips is 1%.
See that in the month of September were 920 pips, as post # 178, that would give us 18.4% profit.
We must have patience and wait for the result, to better evaluate what we do. But be assured, and any system will stop taking. at this time I am with 09 wins and 09 defeats. We finish om ~ es with a small profit or a small injury ... part of the forex world. What we have to focus right now is !!! begun and not fill the chart indicators. The price began the month back, but notice that some couples putting 120 pips stop we would have lost, and that pair had reached 56 pips and came back positive. 'll keep watching, ending a month out of the goal, does not mean that you,have to give a fraternal embrace.
  • #318
  • Oct 2, 2014 12:39pm Oct 2, 2014 12:39pm
Some friends are asking me for an explanation of the entries in post # 162.

Friends at post # 162 just put pending orders in pairs, when D1, W1 and MN are the same color. See that the couple had defeats were by that timesframes were not in harmony, were DIVERGENT.

In the image pair GBPUSD you will see, that when the month opened, MN, W1 and D1 were all red closed. GBPUSD +60 pips gain.

In the image pair EURJPY you will see, that when the month opened, MN BLUE closed, but W1 and D1 were closed red. A clear semaphore that estaval doing downward force. EURJPY lose - 100 pips.

As EURJPY, were also divergent, NZDUSD, EURNZD, GBPJPY, CHFJPY, CADJPY, NZDCHF.

So we'll do the entries only when the MN are converging, and W1 D1 timeframes.

In post # 162 have the indicators and the indicator template.O recent cadles shows us how closed the last D1, W1 and monthly for easier viewing.
Attached Image (click to enlarge)
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  • #319
  • Oct 2, 2014 2:04pm Oct 2, 2014 2:04pm
Quoting Robinho
Some friends are asking me for an explanation of the entries in post # 162. Friends at post # 162 just put pending orders in pairs, when D1, W1 and MN are the same color. See that the couple had defeats were by that timesframes were not in harmony, were DIVERGENT. In the image pair GBPUSD you will see, that when the month opened, MN, W1 and D1 were all red closed. GBPUSD +60 pips gain. In the image pair EURJPY you will see, that when the month opened, MN BLUE closed, but W1 and D1 were closed red. A clear semaphore that estaval doing downward force....
This means no trade unless day, week and month candles are in the same direction. Makes sense.
  • #320
  • Oct 2, 2014 2:14pm Oct 2, 2014 2:14pm
Quoting Robinho
{quote} Exactly ... but I think the TP 10 pips method is very good ... have to understand post # 162 We can win every month the 27 entries, and discover the rules ... that losing up to 02 entries we get the 10%.

Thank you, I honestly prefer the 60 tp method and it is so open for more ideas to gain pips, be good
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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