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5 PIPS - Only Five

  • #121
  • Oct 28, 2014 4:40pm Oct 28, 2014 4:40pm
Another example... Uj---buy 13.46 hr...price action
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uj.ema5-m30.png Size: 158 KB
Click to Enlarge Name: uj-m30-ema5.png Size: 152 KB
Click to Enlarge Name: uj.ema5m5.png Size: 150 KB
  • #122
  • Oct 28, 2014 5:20pm Oct 28, 2014 5:20pm
Quoting pakeha
For those that like regular candles vs HA candles, you can always use a 2-color MA candle, with the same settings as the MA line (EMA 5 shift 2). If you compare it will display almost exactly the same colors (minor variations) as the HA candles. {file}
pakeha, how to open the download please. it says here: could not open because it is not a supported file type or the file has been damaged for example, it was sent as an email attachment and was not correctly decoded. thanks in advance for your reply.
  • #123
  • Oct 28, 2014 5:40pm Oct 28, 2014 5:40pm
IN LIVE...UJ
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uj-ema5-m30.sell.png Size: 156 KB
Click to Enlarge Name: uj.sell.ema5-m15.png Size: 163 KB
Click to Enlarge Name: m5.ema5.sell.uj.png Size: 156 KB
  • #124
  • Oct 28, 2014 8:02pm Oct 28, 2014 8:02pm
Uj..exit... Break resistance (trendline h4 and r1 pivot)
Attached Image (click to enlarge)
Click to Enlarge Name: uj-exit.png Size: 171 KB
  • #125
  • Oct 28, 2014 8:06pm Oct 28, 2014 8:06pm
Is safer to go with the trend of ema 200 and pivot point

bye
  • #126
  • Oct 28, 2014 8:35pm Oct 28, 2014 8:35pm
Quoting jops
{quote} pakeha, how to open the download please. it says here: could not open because it is not a supported file type or the file has been damaged for example, it was sent as an email attachment and was not correctly decoded. thanks in advance for your reply.
Ok. Try this link. Should be there.

http://www.mql5.com/en/code/10791
  • #127
  • Oct 28, 2014 10:10pm Oct 28, 2014 10:10pm
Quoting tk5
Forex is about making five pips in an hour... We have been abusing ourselves with reading, seeking and doing all that crap to make money from FX. We are all fools. Do you indeed need indicators, algos, malgos, zalgos I don't know codings modings to make 5 damn pips??? You need very basic forex skills...yes, basic skill to earn 5 pips and move out immediately! 5 pips is just simple and shortest movement of a God damned candle my friends. Yes it's. And can't we really locate that movement during an hour?! We all can and we will!. And if you think...
Why 5 pips an hour when you can make 50 pips in a day with 99.99% accuracy? Here is the formula:

> 1 trade per day on the EURUSD

> your "day" ends at 4:59EST and starts at 5pm EST

> use 60 minute chart with the MACD and RSI on the chart

> each day at 5pm EST you start watching the chart. it may take hours and hours of watching the chart, but keep watching until the high or low for the day has been hit.

> as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the daily high or low has also been hit on the 1 minute chart, the signal is confirmed.

> after the signal is confirmed enter the trade immediately. if it is the high for the day that has been hit, go short. if it is the daily low that has been hit, go long.

> set stop loss of 15 pips and a profit target of 65 pips.

enjoy
The Thief of Wall Street
  • #128
  • Oct 28, 2014 10:28pm Oct 28, 2014 10:28pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting Chicky
> as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the daily high or low has also been hit on the 1 minute chart, the signal is confirmed.


The price is the same on both H1 and M1 ... so if price reach daily high/low on H1, it does also on M1 at the exact same time ... Am I missing something ?
MT4/MT5 EAs/Indicators/Alerts coder
  • #129
  • Oct 28, 2014 10:31pm Oct 28, 2014 10:31pm
Quoting FerruFx
{quote} The price is the same on both H1 and M1 ... so if price reach daily high/low on H1, it does also on M1 at the exact same time ... Am I missing something ?
Right. Also it would hit the high or low on 5M , 15M , 30M , etc.
Striving to Develop & Implement Innovative Ideas
  • #130
  • Oct 28, 2014 10:37pm Oct 28, 2014 10:37pm
Quoting Chicky
{quote} Why 5 pips an hour when you can make 50 pips in a day with 99.99% accuracy? Here is the formula: > 1 trade per day on the EURUSD > your "day" ends at 4:59EST and starts at 5pm EST > use 60 minute chart with the MACD and RSI on the chart > each day at 5pm EST you start watching the chart. it may take hours and hours of watching the chart, but keep watching until the high or low for the day has been hit. > as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the daily high or low has also...
this montn of october it hits tp 4 times, sl hits 12times, most of days barely tp of 4pips, net can only be a little more than 100pips. how can this be better that 20 to 25pips a day using tk5 strategy?
  • #131
  • Oct 28, 2014 10:55pm Oct 28, 2014 10:55pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting New-Pragati
{quote} Right. Also it would hit the high or low on 5M , 15M , 30M , etc.
Yes that was my thought ... but we may have misunderstood something in his method description.
MT4/MT5 EAs/Indicators/Alerts coder
  • #132
  • Oct 28, 2014 11:14pm Oct 28, 2014 11:14pm
Quoting FerruFx
{quote} The price is the same on both H1 and M1 ... so if price reach daily high/low on H1, it does also on M1 at the exact same time ... Am I missing something ?
You are a member since 2007. I think you missed a lot during all this time ..................................... A whole thread.

I am tired of answering all these questions over the years, I know now you will ask me why RSI?
The Thief of Wall Street
  • #133
  • Oct 28, 2014 11:27pm Oct 28, 2014 11:27pm
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting Chicky
{quote} You are a member since 2007. I think you missed a lot during all this time ..................................... A whole thread. I am tired of answering all these questions over the years, I know now you will ask me why RSI?
With all due respect, if my statement is false that means that your explanation was missing something ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #134
  • Oct 28, 2014 11:35pm Oct 28, 2014 11:35pm
Quoting Chicky
{quote} Why 5 pips an hour when you can make 50 pips in a day with 99.99% accuracy? Here is the formula: > 1 trade per day on the EURUSD > your "day" ends at 4:59EST and starts at 5pm EST > use 60 minute chart with the MACD and RSI on the chart > each day at 5pm EST you start watching the chart. it may take hours and hours of watching the chart, but keep watching until the high or low for the day has been hit. > as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the daily high or low has also...
Dear Chicky,

Very interesting,...
Would you be kind enough to explain your system by some pictures ? May be others can be much understand,...

Thanks in advance,...

Cheers,

Budi
  • #135
  • Oct 28, 2014 11:42pm Oct 28, 2014 11:42pm
lol
  • #136
  • Oct 28, 2014 11:45pm Oct 28, 2014 11:45pm
Quoting Chicky
{quote} Why 5 pips an hour when you can make 50 pips in a day with 99.99% accuracy? Here is the formula: > 1 trade per day on the EURUSD > your "day" ends at 4:59EST and starts at 5pm EST > use 60 minute chart with the MACD and RSI on the chart > each day at 5pm EST you start watching the chart. it may take hours and hours of watching the chart, but keep watching until the high or low for the day has been hit. > as soon as the daily high or low has been hit on the 60 minute charts, switch to your 1 minute charts. if the...
Thank you for this method Chicky, you are loved...LOL!
It's time we stop entertaining ourselves and start realizing ourselves!
  • #137
  • Oct 28, 2014 11:46pm Oct 28, 2014 11:46pm
Quoting budidharma19
{quote} Dear Chicky, Very interesting,... Would you be kind enough to explain your system by some pictures ? May be others can be much understand,... Thanks in advance,... Cheers, Budi
Here is the picture:


http://www.forexfactory.com/attachme...hmentid=256787
The Thief of Wall Street
  • #138
  • Oct 28, 2014 11:49pm Oct 28, 2014 11:49pm
Quoting Chicky
{quote} Here is the picture: {image}
luv it
Holy grail, pls pm
  • #139
  • Oct 28, 2014 11:51pm Oct 28, 2014 11:51pm
Yes, Chicky system is a mind blowing one, in the right hand can virtually make a fortune.
  • #140
  • Oct 28, 2014 11:54pm Oct 28, 2014 11:54pm
Quoting Chicky
{quote} Why 5 pips an hour when you can make 50 pips in a day with 99.99% accuracy? Here is the formula: > 1 trade per day on the EURUSD > your "day" ends at 4:59EST and starts at 5pm EST > use 60 minute chart with the MACD and RSI on the chart > each day at 5pm EST you start watching the chart. it may take hours and hours of watching the chart, but keep watching until the high or low for the day has been hit. > as soon as the daily high or low has been hit on the 60 minute charts, switch to...

Its just chicky sick joke, as usual

c'mon guys..... don't take it seriously...
That which does not kill us makes us stronger
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