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Accurate Trading Strategy

  • #181
  • Oct 9, 2014 1:16pm Oct 9, 2014 1:16pm
Quoting jgadefelth
{quote} Thanks for your explanation. the psar it seems that you most of the time enter when it is the first dot when it have turned from red to green or vice versa but not always so this is not a rule ? How mutch is the stoploss ? and what is the risk to reward most often ? Do we enter when the candle has close or anytime ? How many trades do you get in a day ? and what pairs do you trade and what tiems during the day ? Many questions Best regards
Hi jgadefelth,

This strategy is based on "Accurate Trading System" which introduced us Ochuko on this topic, the rules are very simple, you can find them in the first post:

TRADING RULE
For A Short Trade:
Awesome Oscillator Turns Red
Accelerator Oscillator Turns Red
The Parabolic SARS is above the current Candle
All conditions for a short must be met below the 200EMA
Go Short at the opening of the next candle

For a Long Trade
Awesome Oscillator Turns Green
Accelerator Oscillator Turns Green
The Parabolic SARS is below the current Candle
All conditions for a Long trade must be met above the 200EMA
Go long at the opening of the next candle.

I just add some more indicators.

about the "Stop Loss" I would recommend you place them after a support or resistance points or pivots in the last swing
In this test I have not used SL, I've done manually, since they usually do not take long to get to the TP, if not i wait to close near to BE .
I hope I've cleared up some of your questions, greetings!
  • #182
  • Oct 9, 2014 1:27pm Oct 9, 2014 1:27pm
Quoting Empire123
Hi Danielpier, Thank you for your set up. I started trading this method today and here are the results! The first two trades are from a different system, I will not mention which one. All the others are from using your system. Thank you so much. I will show my results daily. {image}
Hi Empire123, that's the spirit!
  • #183
  • Oct 9, 2014 1:35pm Oct 9, 2014 1:35pm
Yesterday I had two negative operations, many news did quite volatile these pairs

Attached Image (click to enlarge)
Click to Enlarge Name: Profits4 Accurate Trading.png Size: 60 KB
  • #184
  • Oct 9, 2014 1:42pm Oct 9, 2014 1:42pm
Quoting danielpier
{quote} Hi jgadefelth, This strategy is based on "Accurate Trading System" which introduced us Ochuko on this topic, the rules are very simple, you can find them in the first post: TRADING RULE For A Short Trade: Awesome Oscillator Turns Red Accelerator Oscillator Turns Red The Parabolic SARS is above the current Candle All conditions for a short must be met below the 200EMA Go Short at the opening of the next candle For a Long Trade Awesome Oscillator Turns Green Accelerator Oscillator Turns Green The Parabolic SARS is below the current Candle...
Yes thanks but it seems it is almost always a bigger stoploss then there is target ? for example target 20 pips to next pivot and the stop is 40 pips away from that target ? if we look at the picture you posted with example trades. maybe to have targets that are not the pivotpoints ? that are fast for example risk 10 to get 10 pips or stop 20 pips for a target of 20 pips ?

Best regards
  • #185
  • Oct 9, 2014 2:04pm Oct 9, 2014 2:04pm
Quoting jgadefelth
{quote} Yes thanks but it seems it is almost always a bigger stoploss then there is target ? for example target 20 pips to next pivot and the stop is 40 pips away from that target ? if we look at the picture you posted with example trades. maybe to have targets that are not the pivotpoints ? that are fast for example risk 10 to get 10 pips or stop 20 pips for a target of 20 pips ? Best regards
I understand the point, but would be very little room for retractions :/
I think it would be the best to study past operations and see how long we have put a SL before this explote :O
  • #186
  • Oct 9, 2014 2:31pm Oct 9, 2014 2:31pm
Quoting danielpier
{quote} I understand the point, but would be very little room for retractions :/ I think it would be the best to study past operations and see how long we have put a SL before this explote :O

do you use 200 ema also ? i dont think i see it in your pics ? You trade the 1 hour time frame maybe when we get a buy or sell signal we can go down in timeframe and watch the trade 15 minutes or 5 minutes and see how long we can stay in the trade and also if we can find a logic place in the lower timeframe to place the stop ? This is intresting hope more contribute to this thread.

Best regards
  • #187
  • Oct 9, 2014 2:38pm Oct 9, 2014 2:38pm
Quote
do you use 200 ema also ? i dont think i see it in your pics ? You trade the 1 hour time frame maybe when we get a buy or sell signal we can go down in timeframe and watch the trade 15 minutes or 5 minutes and see how long we can stay in the trade and also if we can find a logic place in the lower timeframe to place the stop ? This is intresting hope more contribute to this thread.

Why not use TDI indicator? Thats what I am currently using to help me with exits. I do 1:1 stop loss take profit levels but if I see any indication for a reverse in TDI and price action I will manually close out the trade. I hate seeing my trades go from +pips to hitting my stop loss, this is just a way to ensure I keep my profits.
  • #188
  • Oct 9, 2014 5:38pm Oct 9, 2014 5:38pm
Quoting danielpier
Yesterday I had two negative operations, many news did quite volatile these pairs {image}
Most of the trader base on technical analysis will avoid trade when the news comes out.
But please try to set your take profit smaller, or in the other word is you set to the parameter that you often reach by it self.
Nice trading ... but KISS
  • #189
  • Oct 10, 2014 2:50am Oct 10, 2014 2:50am
Quoting jgadefelth
{quote} do you use 200 ema also ? i dont think i see it in your pics ? You trade the 1 hour time frame maybe when we get a buy or sell signal we can go down in timeframe and watch the trade 15 minutes or 5 minutes and see how long we can stay in the trade and also if we can find a logic place in the lower timeframe to place the stop ? This is intresting hope more contribute to this thread. Best regards
so far I have not used the SMA 200, but it's good occasionally use it to know the trend, just recommend a little faster average as about 35 SMA for graphics 1H, SMA 200 in my opinion it is situated best for long-term investments, I think it's more a matter of taste

BTW good advice from EMPIRE123, I've previously used the TDI and is a very good tool to inform indeed almost everything (Overbought, Oversold, Volume, Trend, etc)
  • #190
  • Oct 10, 2014 2:57am Oct 10, 2014 2:57am
Quoting StingrayEA
{quote} Most of the trader base on technical analysis will avoid trade when the news comes out. But please try to set your take profit smaller, or in the other word is you set to the parameter that you often reach by it self. Nice trading ... but KISS
StingrayEA 're right, I must be more careful with the news XD

Today was a difficult day, but earn a few pips+
Attached Image (click to enlarge)
Click to Enlarge Name: Profits5 Accurate Trading.png Size: 50 KB
  • #191
  • Oct 10, 2014 3:11am Oct 10, 2014 3:11am
Quoting danielpier
{quote} StingrayEA 're right, I must be more careful with the news XD Today was a difficult day, but earn a few pips+ {image}
hi danielpier
seems like you trading all the pair not only in EU and GU , it suitable all pair including gold ?
  • #192
  • Oct 10, 2014 6:36am Oct 10, 2014 6:36am
Quoting danielpier
{quote} so far I have not used the SMA 200, but it's good occasionally use it to know the trend, just recommend a little faster average as about 35 SMA for graphics 1H, SMA 200 in my opinion it is situated best for long-term investments, I think it's more a matter of taste BTW good advice from EMPIRE123, I've previously used the TDI and is a very good tool to inform indeed almost everything (Overbought, Oversold, Volume, Trend, etc)
Whenever the green TDI starts to go flat or hook that is usually a sign a of reversal. That's when I take my pips and run . Danielpier any day where we make pips is a good day!
  • #193
  • Oct 10, 2014 4:53pm Oct 10, 2014 4:53pm
Another day of trading. Not as good as yesterday but just down a few pips, no biggie. Hope everyone has a great weekend and looking forward to trading this system next week!
Attached Image (click to enlarge)
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  • #194
  • Oct 11, 2014 12:31pm Oct 11, 2014 12:31pm
I also used this system for scalping the 5 min charts and it seemed to work well. The last few trades from the picture above are from scalping the 5 min charts.
  • #195
  • Oct 11, 2014 11:13pm Oct 11, 2014 11:13pm
Quoting Empire123
I also used this system for scalping the 5 min charts and it seemed to work well. The last few trades from the picture above are from scalping the 5 min charts.
Sounds intresting what broker can you use for scalping and how many pips is your stop and target ?

Best regards
  • #196
  • Oct 12, 2014 1:31am Oct 12, 2014 1:31am
Quoting ochuko
.................... I'm here to reveal that secret strategy .............
Inserted Video
The Thief of Wall Street
  • #197
  • Oct 12, 2014 6:12am Oct 12, 2014 6:12am
Quoting danielpier
{quote} StingrayEA 're right, I must be more careful with the news XD Today was a difficult day, but earn a few pips+ {image}
Have you been trying to use BB and Stochastic with default parameter ? the BB is periode 20 and deviation 2, and Stocahstic is 14.3.3 and the timeframe is H1 but mostly more accurate on H4.
I am using this method and in this week can make more profit. and make revenue almost 100% from the capital, of course slightly increasing the lot size ( increasing the risk ).
I've been try using your method quite long time ago, but when the market more volatile, need more energy for focusing for taking the entry point. Because our eyes will be most distraction just with colour red or green for the indicator (A/O and A/C ) ...
But if you combined with money management ( although simple MM ) your method is good too.
Keep it using and practice to make more accurate with your self reaction. ( most indicator is the same, u need to adapt and familiar with indicator that u want to use it. )
  • #198
  • Oct 12, 2014 8:44am Oct 12, 2014 8:44am
Quoting jgadefelth
{quote} Sounds intresting what broker can you use for scalping and how many pips is your stop and target ? Best regards
I use FXCM to trade. My SL and TP are the same as described in the first post. I use the previous candle for SL and do a 1:1 TP. However, I will get out of a trade if I see its not going to work out in my favor. I use simple price action and reference the TDI indicator as well.
  • #199
  • Oct 12, 2014 9:00am Oct 12, 2014 9:00am
I think most of the broker in the world is accepted for scalping. because scalping also can make the broker richer too.
But I think your read the term of conditions from them first , before you deposit the money.
nice trading
  • #200
  • Oct 12, 2014 9:12am Oct 12, 2014 9:12am
Quoting ochuko
To succeed in the forex market, one needs to understand certain factors like momentum, trend direction and perhaps reversal. There are three major indicators that gives accurate trading signal based on these factors. I'm here to reveal that secret strategy that would help you make successful trades all the time. The Three Major Indicators are: Parabolic SARS Awesome Oscillator Accelerator Oscillator TRADING RULE For A Short Trade: Awesome Oscillator Turns Red Accelerator Oscillator Turns Red The Parabolic SARS is above the current Candle All conditions...
honestly speaking all these indiacators are practically of no use because they are lagging indicators,they cant and will never predict the future trends,so my advice to you is try to follow price actions because thats where you can make consistent considerable profits.
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