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Attachments: BO System? Here is "The Italian jOB"
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BO System? Here is "The Italian jOB"

  • #881
  • Oct 10, 2014 9:14am Oct 10, 2014 9:14am
buy
Plan, Patience, Profit
  • #882
  • Oct 10, 2014 9:14am Oct 10, 2014 9:14am
Im in
  • #883
  • Oct 10, 2014 9:15am Oct 10, 2014 9:15am
Quoting sugarman
{quote} balls of steel, Steve.
did you buy now , or wait till it goes in and out again?
  • #884
  • Oct 10, 2014 9:16am Oct 10, 2014 9:16am
Winner....
  • #885
  • Oct 10, 2014 9:16am Oct 10, 2014 9:16am
Quoting sugarman
buy
got it, right that`s my lot, have a great weekend all.
Plan, Patience, Profit
  • #886
  • Oct 10, 2014 9:17am Oct 10, 2014 9:17am
Quoting sugarman
{quote} got it, right that`s my lot, have a great weekend all.
Me too bud, have a good weekend mate.
  • #887
  • Oct 10, 2014 9:20am Oct 10, 2014 9:20am
good week end everyone
  • #888
  • Oct 11, 2014 5:26am Oct 11, 2014 5:26am
You may (or may not) find this stochastic indi interesting.
Attached File(s)
File Type: mq4 Double smoothed stochastic 2 nmc.mq4   5 KB | 501 downloads
  • #889
  • Oct 11, 2014 5:40am Oct 11, 2014 5:40am
Thanks, handy148, I'm always happy to try out interesting indicators.
By the way, I might be the only one who thanks you, most people don't do that anymore....everything is taken for granted.
  • #890
  • Oct 11, 2014 8:11am Oct 11, 2014 8:11am
Quoting sugarman
buy
Hi Sugarman,

may I know your broker spread for main pairs,

How do you deal with 1 min TF candle , can it cover your spread ?

TNX
  • #891
  • Oct 11, 2014 9:53am Oct 11, 2014 9:53am
Quoting r_alireza85
{quote} Hi Sugarman, may I know your broker spread for main pairs, How do you deal with 1 min TF candle , can it cover your spread ? TNX
IN Binary options .............there is no spreadssssss
  • #892
  • Oct 11, 2014 9:58am Oct 11, 2014 9:58am
Hi Folks,

I am very new here in the Forum and still a noob on trading, too.
I was very Interested in trading bo´s since 1,5years and traded on a Demoaccount.

Strangely enough this Account is at Bdb and is still active since then. I started with a decent amount 25000€ to play around, played it down to 400€ and now that i have a system i´m up to 9000 again

My trading is very similar to yours, and when i have a look at your trades, i took many of them too.

I understand, that trading without real money is a very different game, but i started trading real money last week and i am 266€ up

Here is what i do:
I am trading only Eur / usd
1 m charts
Bollinger Bands (MA 20, Deviation 2,3)
Rsi 14

If a candle is out of the bands and in the overbought/oversold area (rsi: 30/70) i take a trade with 120 secs expiry
The candle does not have to close, i will take trades on open candles.
To fight overtrading, i open only one option per candle.

Maybe someone is interested in this style of trading, i thought i can share

PS:
Sugarman: I tried doubling up, bit i sh*t my pants when there were over 800€ pending orders...luckily i won. But never again
  • #893
  • Oct 11, 2014 10:46am Oct 11, 2014 10:46am
Ok guys, from Monday I will be trading ONLY USD/CHF on a 1 min chart with a 2 min expiry BO. After back testing this over the last 12 months this by far (for me) is the better pair and time scale.

I have been trading for the last 6 months on a 5 min expiry, however the 1 min gives more signals with better results.
Plan, Patience, Profit
  • #894
  • Oct 11, 2014 11:44am Oct 11, 2014 11:44am
Quoting priceaction7
{quote} IN Binary options .............there is no spreadssssss
it depends of broker, i know dukascopy do with spread but the payout is always at 90%
  • #895
  • Oct 11, 2014 11:47am Oct 11, 2014 11:47am
Quoting sugarman
Ok guys, from Monday I will be trading ONLY USD/CHF on a 1 min chart with a 2 min expiry BO. After back testing this over the last 12 months this by far (for me) is the better pair and time scale. I have been trading for the last 6 months on a 5 min expiry, however the 1 min gives more signals with better results.
could you share what he results of your backtest are approx ? what is the win / loss rate , and how many max consecutive losses did you have? thanks
  • #896
  • Oct 11, 2014 2:56pm Oct 11, 2014 2:56pm
Quoting sugarman
Ok guys, from Monday I will be trading ONLY USD/CHF on a 1 min chart with a 2 min expiry BO. After back testing this over the last 12 months this by far (for me) is the better pair and time scale. I have been trading for the last 6 months on a 5 min expiry, however the 1 min gives more signals with better results.
I jumped to that conclusion already a long time ago.
Trend is given by higher timeframes, but the real action always starts and ends FIRST on the M1 !
So, for BO the M1 is the best ...
But trading only with the M1, without looking at the higher timeframes, will kill your account.
  • #897
  • Oct 11, 2014 11:46pm Oct 11, 2014 11:46pm
latest indicator install is 1: boItilianJob matrix_v6
2: boSugarman_Signal_V4


this is rights?

use 1M with 2M expiry, rights?

can someone confirm this?
  • #898
  • Oct 12, 2014 2:19am Oct 12, 2014 2:19am
Quoting Wulong
{quote} I jumped to that conclusion already a long time ago. Trend is given by higher timeframes, but the real action always starts and ends FIRST on the M1 ! So, for BO the M1 is the best ... But trading only with the M1, without looking at the higher timeframes, will kill your account.
No chance mate.

Ok so you are saying look at the overall trend and only take trades on a 1 min in that direction, trading on higher TF yes I agree but not on a 1 min, you will still loose and miss a lot of trades that you would have one.
Plan, Patience, Profit
  • #899
  • Oct 12, 2014 4:05am Oct 12, 2014 4:05am
This week I did 12 trades on only one pair, it took me 3 hours time. It was on GBP-JPY. Yes, I missed some in that pair....
AND I have enough indies on my M1 chart to know what the M1 does. The major problem on the M1 is a lot of noise, it helps if you look at the M5 once in a while.

So I won 10, lost 2. Always 3 minutes, once 4 minutes on the M1.
One I lost because I was not fast enough, jumped in too late and it was the only time I took a trade for 4 minutes.
The other one was a countertrade in a downmove, but I lost, very stupid. I thought there would be a reversal
If I had been looking at the M5, which is also on my screen, I wouldn't have taken the trade up, but down. ALL the indies there said down...
Always better to trade with the trend when you use the M1, the mini trend is given by the M5, the major one I get from H1.
Of course, I'm still in 'training mode', but the experience will come...

Everyone has his own trading style, I use a lot of indies, you only one.
You only take a trade when the stoch is OS or OB with 95-5 levels.
I take trades with the 50 level also and I do not rely only on the stoch. Actually I have four stochs in one chart, one fast nonlag one, one slow nonlag one, one nonlag M5 one on M1 together in one subchart and one super smoother to assist the CCI ...
I use MACD, moving averages, SSA, RSI, CCI, RSX, RMI, Bollinger Bands, Coppock ....all NRP, with the exeption of the SSA, that does not repaint, but recalculates. So when all these indies say the same thing, it's mostly bingo !
  • #900
  • Oct 12, 2014 4:07am Oct 12, 2014 4:07am
Quoting sugarman
{quote} No chance mate. Ok so you are saying look at the overall trend and only take trades on a 1 min in that direction, trading on higher TF yes I agree but not on a 1 min, you will still loose and miss a lot of trades that you would have one.
It all depends on the strategy that you are using, 1 min is that quick that you can counter trade the trend.
At the end of the day time will tell.
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