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Attachments: Follow the monthly candle and be profitable
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Follow the monthly candle and be profitable

  • #1,001
  • Feb 1, 2015 9:41pm Feb 1, 2015 9:41pm
The risk/reward level on this strategy is insanely low. On the daily and weekly charts the price moves way more than 60 pips let alone the monthly chart. If you follow the monthly chart it would be wise to add positions in the direction of the candle if you would like to profit.
Direction is more important than speed. Alot of people go nowhere real fast
  • #1,002
  • Feb 2, 2015 3:49am Feb 2, 2015 3:49am
Quoting traderjess87
The risk/reward level on this strategy is insanely low. On the daily and weekly charts the price moves way more than 60 pips let alone the monthly chart. If you follow the monthly chart it would be wise to add positions in the direction of the candle if you would like to profit.
If you ignore the weekly candle then you have wrong timing. See the GBPJPY and USDJPY
  • #1,003
  • Feb 2, 2015 3:59am Feb 2, 2015 3:59am
Quoting Giannigr
{quote} Mister Robinho i think you use wrong open/close time, you should use London open because GBPJPY last week candle was green and shouldn't be sell order

Look buddy, I saw that the weekly candle is blue, but look who was a huge syrup, denying the top. This pair is very volatile. The USDJPY the same thing.

See the GBPJPY and USDJPY images
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1 GBPJPY.png Size: 254 KB
Click to Enlarge Name: 2 USDJPY.png Size: 256 KB
  • #1,004
  • Feb 2, 2015 4:38am Feb 2, 2015 4:38am
Quoting traderjess87
The risk/reward level on this strategy is insanely low. On the daily and weekly charts the price moves way more than 60 pips let alone the monthly chart. If you follow the monthly chart it would be wise to add positions in the direction of the candle if you would like to profit.
Friend, the post 01 is only indicative. Everyone does what they think is best. The important thing is to follow the larger candles and more.
  • #1,005
  • Feb 3, 2015 9:04am Feb 3, 2015 9:04am
Quoting Robinho
As I see that D1, W1 and MN will not change. As Post 993 made my entries for February. I put 250 pips stop and 500 pips of Tp. During the month I resolve close manually, according to the market. All 07 pairs are closing your 1st monthly candle. We entered the 2nd and D1 and W1 are converging. See also that EURUSD and EURJPY sell sell are also suitable for 02/02. but see that this 02 pairs are not 2nd monthly sailing, as the other post 993. EURUSD is in 7th monthly candle then red and EURJPY is in 2nd monthly candle then red. {image}
Good afternoon ... The post 07 entries 997, had placed Tp 100 pips would have closed 05 entries. If he had followed the post 01, putting 60 pips Tp would have closed the 07 entries and won + 420 pips. So it's always good guarantee.
  • #1,006
  • Feb 4, 2015 7:30am Feb 4, 2015 7:30am
Good morning friends, from time to time appear operators arguing and criticizing because I put a stop 100 pips to gain 10 or 20 pips. Why put a stop 100 pips to gain 60 pips as it is in post 01.

The market is dynamic, by more than one price is in one direction, there is always retractions. Can be retractions, but can be change trend.

If retreated only, the price back and goes to our TP. Now, if changing trend? If you change surely pick up in our STOP, much as it is long.

So this system D1 = W1 = MN is really for those who have the patience to wait, and catch his few pips and exit the market, and for a long period if time, you will see your account grow slowly, without much loss and without a lot of work.
See the system warns that the trend may be changing, when we have a difference between the weekly and the monthly candle, and do not let operation in the week weekly and monthly are diferentes.Uma effective way to do any bullshit, because the trend may be changing.

Place a greater Stop the TP, the first time can be scary, but how many times will win putting Tp 10 or 20 pips with the convergence D1 = W1 = MN?

I made 07 monthly entries as Post 997 and had it placed Tp 60 pips, would have won the 07 entries in a total of 420 pips. I put TP 500 pips since I took 04 stops 250 pips in a total of (- 1000 Pips).

As I said several times, earn 1% of income per day is our account grow gradually. Many are anxious because there are days when we do not have entries because the best entry as I said, is always in the 2nd candle Daily, after confirmation of the 1st. Ensure profit in the account is the best method, so always speak "Make your plans", regardless of which method they are using.
  • #1,007
  • Feb 4, 2015 3:36pm Feb 4, 2015 3:36pm
For day 05/02 we have:

AUDUSD SELL
AUDJPY SELL
NZDJPY SELL
USDCAD BUY
USDJPY SELL
AUDCAD BUY
CADJPY SELL
GBPCAD BUY

BEST IN BELIEVE THAT ARE:

AUDUSD SELL, SELL CADJPY and USDCAD BUY
  • #1,008
  • Feb 4, 2015 3:44pm Feb 4, 2015 3:44pm
Simple strategy, thats how to make money
Trade smart, not hard
  • #1,009
  • Feb 6, 2015 7:53am Feb 6, 2015 7:53am
It's crazy short Tp? We have to think about finding a better way to exit the market. Prices are like sea waves, come and go. Any short stop has a high probability of being hit. WE THINK ABOUT THIS TOGETHER.
See these results, a good weekend for everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: 001 06 02 2015.png Size: 283 KB
  • #1,010
  • Feb 6, 2015 2:00pm Feb 6, 2015 2:00pm
Quoting Robinho
It's crazy short Tp? We have to think about finding a better way to exit the market. Prices are like sea waves, come and go. Any short stop has a high probability of being hit. WE THINK ABOUT THIS TOGETHER. See these results, a good weekend for everyone. {image}
Very Nice........
  • #1,011
  • Edited 3:54am Feb 11, 2015 3:24am | Edited 3:54am
Quoting Robinho
It's crazy short Tp? We have to think about finding a better way to exit the market. Prices are like sea waves, come and go. Any short stop has a high probability of being hit. WE THINK ABOUT THIS TOGETHER. See these results, a good weekend for everyone. {image}
Because of the volatility. I trade this system with real money and i have 65% winning trades but the profit is not big enough because the SL are much higher then TP. If i go less with SL then is the winning ratio less, therefore the solution is to increase both depend on the volatility. I tried out and works. I have biger profit and higher win rate.
I found an EA maybe the most usefull EA ever. It save me time because i dont have to put SL and TF to any trade and and they are not constant because he use ATR. I setup with the ATR and TF to have the minimum pair TP 60 and SL 100 Then are the other pairs higher
Green pips to everyone
Attached File(s)
File Type: ex4 autoslautotp.ex4   16 KB | 359 downloads
  • #1,012
  • Feb 11, 2015 8:21pm Feb 11, 2015 8:21pm
Good night ... it's always good to help a friend.

How long after posting daily entries, and no friend following and watching, I returned to wake up early (Brazil) and make my entries in the open market in London and opening NY. Do some entries in Tokyo also Days 09, 10 and 11/02 were 27 entries and no losses. In 03 days are 5.55%, I'm in the goal I want to work ... 1% per day. You see I put a stop 50 pips (2% risk), and 5 pips TP (0.2%).

Little by little we will increase the account, I find it very dangerous short STop because the market is very volatile, but this, I have spoken several times and I will not be here talking about it.

Success to all, I'm just putting my results.
Attached Image (click to enlarge)
Click to Enlarge Name: 11 02 27 entradas.png Size: 270 KB
  • #1,013
  • Feb 11, 2015 8:45pm Feb 11, 2015 8:45pm
Quoting Robinho
Good night ... it's always good to help a friend. How long after posting daily entries, and no friend following and watching, I returned to wake up early (Brazil) and make my entries in the open market in London and opening NY. Do some entries in Tokyo also Days 09, 10 and 11/02 were 27 entries and no losses. In 03 days are 5.55%, I'm in the goal I want to work ... 1% per day. You see I put a stop 50 pips (2% risk), and 5 pips TP (0.2%). Little by little we will increase the account, I find it very dangerous short STop because the market is very...
Nice results Robinho, you are a supertrader! I wish I had consistent profit like yours
Trade smart, not hard
  • #1,014
  • Edited 10:38pm Feb 11, 2015 9:45pm | Edited 10:38pm
Quoting Giannigr
{quote} Because of the volatility. I trade this system with real money and i have 65% winning trades but the profit is not big enough because the SL are much higher then TP. If i go less with SL then is the winning ratio less, therefore the solution is to increase both depend on the volatility. I tried out and works. I have biger profit and higher win rate. I found an EA maybe the most usefull EA ever. It save me time because i dont have to put SL and TF to any trade and and they are not constant because he use ATR. I setup with the ATR and TF to...

Thank you Robinho and all.

Giannigr, thanks for your EA can you also share the Indi for calculate the ATR that YOU use if need and your .set for the EA?

What pairs you are using?

You have to place the EA one by one to every chart?

Thanks in advance
  • #1,015
  • Feb 12, 2015 1:57am Feb 12, 2015 1:57am
Quoting howa61
{quote} Thank you Robinho and all. Giannigr, thanks for your EA can you also share the Indi for calculate the ATR that YOU use if need and your .set for the EA? What pairs you are using? You have to place the EA one by one to every chart? Thanks in advance
You welcome. You place the EA just in one chart. I will post again with my settings they are about TP 20 pips and SL 100. Depend on your trading style you can setup the ATR and TF
Attached File(s)
File Type: ex4 autoslautotp.ex4   17 KB | 364 downloads
  • #1,016
  • Feb 12, 2015 6:22am Feb 12, 2015 6:22am
Quoting Giannigr
{quote} You welcome. You place the EA just in one chart. I will post again with my settings they are about TP 20 pips and SL 100. Depend on your trading style you can setup the ATR and TF {file}

Hello Giannigr.

Thanks for your update.

As you say "I have bigger profit and higher win rate." so can we have the same setting as your and a little explanation about your trading system,so we can also have a bigger profit with higher win rate?

Thanks in advance
  • #1,017
  • Feb 12, 2015 9:04am Feb 12, 2015 9:04am
The results 12/02
Today 2.53%
Week 8.09%

There were 42 entries and all victorious. Entries London, NY and some Tokyo.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 01Semana.png Size: 270 KB
Click to Enlarge Name: 02semana.png Size: 269 KB
  • #1,018
  • Feb 12, 2015 9:22am Feb 12, 2015 9:22am
Quoting Robinho
The results 12/02 Today 2.53% Week 8.09% There were 42 entries and all victorious. Entries London, NY and some Tokyo. {image} {image}
As always speak ... people are putting operations at risk benefit of 1x2 or 1x3 ... ... that's pretty much on paper ... in a dream ... but in practice,,, if we put a 20 Stop pips and Tp 40 pips or a stop of 15 pips and a TP 30pips ... or a stop 50 pips and Tp 100 pips ... good? But how likely come first in TP that the Stop? very nice risk reward 1x2 ... is beautiful !!! but the forex market is volatile ... we can gain 05 pips quickly, and putting a stop 50. Why not? How many entries are we going to take the first Stop?
Make your plans, think ... do not let be deceived with the siren song.
Things are very beautiful on paper, but in practice it is very different.

PDF for all.
  • #1,019
  • Feb 12, 2015 5:24pm Feb 12, 2015 5:24pm
Oi Robinho,

Só hoje é que dei com o teu método, e estive a ler quase todas as 50 e tal páginas para ver se entedia tudo o que explicas.
O Google translator não ajuda mesmo nada e com tanto 'barulho' de muitos outros traders acabei por ficar confuso.
Parece que muitos querem complicar um sistema simples.
Procurei um link no teu perfile para enviar uma mensagem, mas não encontrei...
Será que me consegues explicar tudo em português?

Grande abraço e excelentes negócios!
  • #1,020
  • Feb 12, 2015 8:00pm Feb 12, 2015 8:00pm
Quoting vmc
Oi Robinho, S hoje que dei com o teu mtodo, e estive a ler quase todas as 50 e tal pginas para ver se entedia tudo o que explicas. O Google translator no ajuda mesmo nada e com tanto 'barulho' de muitos outros traders acabei por ficar confuso. Parece que muitos querem complicar um sistema simples. Procurei um link no teu perfile para enviar uma mensagem, mas no encontrei... Ser que me consegues explicar tudo em portugus? Grande abrao e excelentes negcios!
leia o post 857 em diante. No fim do dia , quando temos abertura da nova vela D1, você vai ver se a vela D1 fechada,a vela semanal fechada anterior e a vela mensal fechada anterior estão todas azuis ou vermelhas.
No post 857 você vai ver os indicadores e o template.
Qualquer dúvida estou no skype : robinhocarneiro, posso te dar uma atenção melhor.
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