After 4 Years, Finally found a Profitable Trading System

After 4 years of going back and forth, I believe I have finally matured at trading and mastered a simple trading system. I am using two indicators to trade. I am posting results of my last 56 trading days. I also have longer track of this method I am using ( 4 months) but it is not that clear, and I had couple big minuses (slippages) when trading the news with Buy/Sell Stop's which helped me decide which broker to use for trading.

I am not the creator of these indicators or somehow attached to the creators, I have bought these indicators myself and will be posting results.

Indicators: LT Sigma and LT Sigma Waves. They are activated by sellers when you receive them using additional software so there is no point putting files up because they will not work.

These results were achieved trading with ~2.500$ and no "shooting" during the news. For trade opening I am using only 0.1 lot which is equivalent for 1$ per pip.

If someone is interested, have questions about the indicators, or want to analyze my full results which I am open to share with everyone.


I am going to explain my strategy in a bit more detail, you will also find my whole history of trading with these indicators right here: http://www.filedropper.com/allhistory_1

MORE IMPORTANTLY :

1. I HAVE NOTHING TO SELL FOR YOU GUYS, THIS IS PURELY MY EXPERIENCE AND RESULTS SO FAR USING THIS STRATEGY.


Back to the real stuff. You can download my trading history and you will see as I have mentioned big SL which I got from trading NZDUSD on the news. This resulted in -100 points which is equivalent to ~100$. SL was hit because of the SLIPPAGE during the news. What is slippage?? everyone can google that in 1 minute
Next day I got another -50 in USDJPY, which was purely mismanaged trade as I was psychologically broken after NZDUSD fail.

Furthermore, I Would not call these indicators "magical" as they have to be MONITORED very carefully and I as a trader had to adapt to them. What I was able to notice is the difference in using them at the different time frames. In bigger the time frame charts signals are stronger, but on the other hand to get the good signal in 4 hour or daily chart is very VERY rare. Also when using the indicator for bigger time frames the SL and TP differs from 30 min or 1 hour (they increase in bigger time frame).

To put it in simple words, the top and bottom indicators must be on the different sides ( Momentum DOWN - Sigma UP) so we are playing safe with trend and basically catching market where it should not belong for a long time (red zones). IF both of the indicators are on the same side or momentum is uknown I DO NOT TRADE the red zones. CHECK SCREENSHOTS AND YOU WILL UNDERSTAND EVERYTHING.

Where I exit the trade ? Most of my trades are very small and without too much risk as this account was copied by many other real accounts, this explains the "commission" money I have received on my statement, but it is no more than ~40-50$. So psychologically, I did not want to lose my or other trader's money who were connected to me, which I believe is a big problem now as I am not able to test it to the full limits. Closing the trade: I do that when sigma moves into the blue zone and if the situation is clear that is going down I wait until the opposite yellow zone so TP is different all the time.

I hope I will attract less skeptical people to this thread and this will look less "scam" by explaining more stuff, but I feel there is so much more to write, which I will do every day with more screenshots.

Everyone is welcome to follow me at twitter @lc_forex where it is easier and quicker to put everything up, message me with questions on private messages or just replying to the THREAD

p.s. sorry for grammar English is not my native language.

Happy trading everyone, hopefully someone will catch this post

I would like to see the indicators explained.

Hi ic

can you share with us here in ff forum
thans
many

Why does this thread stink of something "fishy" ?

And are these the "two indicators" you are talking about?? Seems to be more than two as far as the eye can see.
http://www.forexfactory.com/showthre...19#post6730519

I also know a rotten mackerel when I smell it, as in, if you're interested, contact me @...!!

WOW, this was years ago, when i was on the path of "learning the hard way" sorr if sharing my twitter was to Cocky, just saw other do that

I didn't want to write the LooooOOnnng first topic if nobody was interested, then I would have just wasted an hour explaining things for nothing.

lets stay away from "fishy" things I had too many of them in my learning experience

This is how it looks now, I hope you will see the indicators clearly. Some of you might know them or heard of them, but this is where the magic happens.

A 95% win system only exists in imaginations.

Anything above 50% is bullshit.

I guess I'll do the "in depth" analysis of my few months results tomorrow and explanation on how I approach trading.
Also I put more screenshots of results with minuses of the opening gaps during the news to show that "fishy" or "bullshit" should not be mentioned here

I will start using twitter for my live trading and I will tweet before I open the trade.

p.s. I trade with big account, where results are not so consistent and trading is based 100% on technical analysis, this was just my test for the last few months

lc_invest,

Your trade results in your chart look good (perhaps too good) so i would like to take you up on your offer ("want to analyze my full results which I am open to share with everyone"). I can do the trade analysis to highlight properties that will help everyone understand the results better and perhaps even give you insights.

For this, i would need your trade list with timestamps. I can then use tools i use at my work to analyze the results and see what are the big things you need to worry about in this system.

how can I send you my whole history file ?

IC, it's impossible to evaluate given such sketchy info and using indies that I've not seen before, and am unable to locate ANY info on them.

I'd suggest fleshing this in or stop posting.
2¢

You should not be able to find too many info on these indicators, because they are not free and creator is not promoting them to public. As much as I know, the indicators are still in development mode.

I find it so hard to believe that most of readers here are so paranoid of scam or whatever u think I am doing, I will not be selling anything, just sharing my strategy and results in forum.

keep calm and enjoy

LC,

Many traders here at FF are sceptical and for good reason - they've seen too many magical indicators and heard too many "95% accurate" promises.
I assume the LT Sigma indicator on your chart gives b/s signals when the bars are in the red zones. Fair enough, but just by looking at your chart I noticed it missed several good trades and gave a couple of false signals which would have ended in losses. Trading is a lot harder than simply looking at an indicator - if that's all it took, we'd all be billionaires by now. A complete trading system must also include risk management, without it no strategy will work long-term. Personally I don't have much faith in indicators and prefer fundamental/sentiment analysis. But, anyway, good luck and best wishes in your trading.

I'm over 80% in all my system, this is not like you say "bullshit"

You are right Gravitist, I have not been following forums too much in my career, but I believe that you can find lots of scam in these threads. Anyways, the top indicator shows price zones and you are right red one is the one that I am interested in, but it must be combined with lower indicator which is momentum and in simple words I only trade when momentum (lower indicator) is on the different side from the top indicator so I know price should not belong in the opposite red zone for a long time and make some sort of retracement. You are right, trade's and risk management also plays very important role in my trading, so I developed different strategies for different time frames. As I said, I will do the long explanation at my trading desk tomorrow and hope people will not take it as a joke.

Hello lc_invest ,

So you said "and I had couple big minuses (slippages) when trading the news with Buy/Sell Stop's which helped me decide which broker to use for trading." I myself i have some scars from trading new using stop's and i got burnt good. So tell me what brokers do you use that are good for news trading. How can i get this indicator you are talking about..

By the way LC_Invest, did you notice the nice Head and Shoulders formation in progress on your chart?