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Off Road System

  • #461
  • Jan 25, 2015 2:50pm Jan 25, 2015 2:50pm
Those who know me know that my style is intraday trading, and scalper, trying to seize the moments of greater liquidity in the market, and simplify to find the market condition (M1-M5), with permission of the Big Picture.

However, there are traders who do not like noise intraday or do not have time to be continuously before the screen.
Because of the fractal nature of the market, the system should work the same, just have to transpose the time, risk management and capital.
Personally, I have not checked, but a manual backtesting can guide us ...
Attached Image (click to enlarge)
Click to Enlarge Name: h1.PNG Size: 115 KB
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  • #462
  • Jan 25, 2015 3:39pm Jan 25, 2015 3:39pm
Quoting Patron
Those who know me know that my style is intraday trading, and scalper, trying to seize the moments of greater liquidity in the market, and simplify to find the market condition (M1-M5), with permission of the Big Picture. However, there are traders who do not like noise intraday or do not have time to be continuously before the screen. Because of the fractal nature of the market, the system should work the same, just have to transpose the time, risk management and capital. Personally, I have not checked, but a manual backtesting can guide us ......
Nice chart, I am waiting your further ideas soon.
  • #463
  • Jan 26, 2015 2:12am Jan 26, 2015 2:12am
good morning guys...

M1 EURUSD +37

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-01-26 10_05_51-.png Size: 63 KB
  • #464
  • Jan 26, 2015 2:12am Jan 26, 2015 2:12am
Morning...
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  • #465
  • Jan 26, 2015 2:13am Jan 26, 2015 2:13am
Quoting isengoz
good morning guys... M1 EURUSD +37 {image}
Magnificent trade!
Perfect!
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  • #466
  • Jan 26, 2015 2:18am Jan 26, 2015 2:18am
Quoting Patron
{quote} Magnificent trade! Perfect!
thanks, Patron.
  • #467
  • Jan 26, 2015 3:55am Jan 26, 2015 3:55am
Quoting roger44
{quote} Nice chart, I am waiting your further ideas soon.
USDJPY H1
That is an example of using the system at H1.

Market condition is flat, then we wait for Price Action from band.

It can improve the entry going down to lower timeframes.
Attached Image (click to enlarge)
Click to Enlarge Name: UJH1.PNG Size: 119 KB
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  • #468
  • Jan 26, 2015 4:22am Jan 26, 2015 4:22am
Quoting Patron
{quote} USDJPY H1 That is an example of using the system at H1. Market condition is flat, then we wait for Price Action from band. It can improve the entry going down to lower timeframes. {image}
This is a good idea. I'm getting really stressed with 1M charts. This morning I'm loosing almost 40 pips. I think it's not easy to determine market condition as it is changing all the time.

I'll try again tomorrow....


thanks
toni
  • #469
  • Jan 26, 2015 4:29am Jan 26, 2015 4:29am
Quoting forexdaist
{quote} This is a good idea. I'm getting really stressed with 1M charts. This morning I'm loosing almost 40 pips. I think it's not easy to determine market condition as it is changing all the time. I'll try again tomorrow.... thanks toni
Lower timeframes are always at the service of higher timeframes. So when we see a setup in lower timeframe, we must check if it is in accordance with Higuer timeframe.
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  • #470
  • Jan 26, 2015 4:31am Jan 26, 2015 4:31am
Quoting forexdaist
{quote} This is a good idea. I'm getting really stressed with 1M charts. This morning I'm loosing almost 40 pips. I think it's not easy to determine market condition as it is changing all the time. I'll try again tomorrow.... thanks toni
Did you find out where you went wrong? A decision to M1 alone does not work, is otherwise in accordance with M5, at least.
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  • #471
  • Jan 26, 2015 5:20am Jan 26, 2015 5:20am
Quoting Patron
{quote} Did you find out where you went wrong? A decision to M1 alone does not work, is otherwise in accordance with M5, at least.
Its my fault. I think I dont understand well the system. Must study it better. And do not open positions until see it clearer.Gonna read the thread again anf ask You doubts.
  • #472
  • Jan 26, 2015 8:09am Jan 26, 2015 8:09am
M5 GBPJPY +44

Break of consolidation pattern, continuation trade. Closed at R1, ADR, Round Number confluence @ 178.000.

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-01-26 16_02_40-.png Size: 99 KB


With this one I'm done for today. See you all later...
  • #473
  • Jan 26, 2015 11:34am Jan 26, 2015 11:34am
Quoting isengoz
M5 GBPJPY +44 Break of consolidation pattern, continuation trade. Closed at R1, ADR, Round Number confluence @ 178.000. {image} With this one I'm done for today. See you all later...
Another PERFECT trade!!!
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  • #474
  • Jan 27, 2015 2:15am Jan 27, 2015 2:15am
Morning guys!

Some good trades have been done yesterday
  • #475
  • Jan 27, 2015 2:27am Jan 27, 2015 2:27am
Morning
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  • #476
  • Jan 27, 2015 2:43am Jan 27, 2015 2:43am
Good morning compaņeros!!

Today is a new day. I'm started getting some pips buying EURUSD at the LO. Now I want to share a trade I'm in. It's EURJPY, and I know it's a bit late entry but I think it could reach my target. Any comments are wellcome.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15_2701.png Size: 85 KB



Let's see if I get my 30 pips today.


toni marinero raso
  • #477
  • Jan 27, 2015 2:50am Jan 27, 2015 2:50am
Quoting forexdaist
Good morning compaņeros!! Today is a new day. I'm started getting some pips buying EURUSD at the LO. Now I want to share a trade I'm in. It's EURJPY, and I know it's a bit late entry but I think it could reach my target. Any comments are wellcome. {image} Let's see if I get my 30 pips today. toni marinero raso
The trade can be profitable. However runs the stoploss quickly covering your entry, as the market allows you, because it is a fifth wave in the same grade. Sometimes the fifth wave can be long, but usually neither is, and we work with probabilities. It's my opinion.

In addition, the general trend is bearish. And yet we know if a reverse, or correction.

Gracias por tu post.
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  • #478
  • Jan 27, 2015 2:56am Jan 27, 2015 2:56am
First pips for me today.
EU +27
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 52 KB
  • #479
  • Jan 27, 2015 3:03am Jan 27, 2015 3:03am
Quoting Patron
{quote} The trade can be profitable. However runs the stoploss quickly covering your entry, as the market allows you, because it is a fifth wave in the same grade. Sometimes the fifth wave can be long, but usually neither is, and we work with probabilities. It's my opinion. In addition, the general trend is bearish. And yet we know if a reverse, or correction. Gracias por tu post.
Finally it reach my target. This is a great start for today: EURJPY, 58 pips. Recovering the losses of yesterday....

Thank you for you advice. You have to explain me this counting waves you do. You did in 5m or in bigger TF??


thanks
TONI
  • #480
  • Jan 27, 2015 3:06am Jan 27, 2015 3:06am
Quoting jstmzplsz
First pips for me today. EU +27 {image}
Good trade. Ema233 and bollinger bands showed lateral trend. At the London opening the lateral trend with high liquidity broke, bollinger bands (volatility) were separated and chose to target a pivot.
Congratulations.
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