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Follow the monthly candle and be profitable

  • #1,321
  • Feb 25, 2015 6:22am Feb 25, 2015 6:22am
Quoting Contrax
{quote} is not too much money... but now i can have sex in a Motel and not watch porn Just patience... In Mexico i say too much "Con Paciencia, Elegancia y un poquito de saliba un elefante se cojio a una hormiguita" (Google translate: With patience , elegance and saliva was fornicate an elephant to an ant) So.. with patience u have extraordinary things.. " {image}

my friend contrax

i cant understand how you win with GBPUSD
BECAUSE the D1 candle close ,54514 and today went down till ,54456 = 5,8 pip
what spread do you have?
how you knew to close the order there?
did you put TP ?
please
would greatly help your answer
  • #1,322
  • Feb 25, 2015 6:23am Feb 25, 2015 6:23am
Quoting Contrax
{quote} is not too much money... but now i can have sex in a Motel and not watch porn Just patience... In Mexico i say too much "Con Paciencia, Elegancia y un poquito de saliba un elefante se cojio a una hormiguita" (Google translate: With patience , elegance and saliva was fornicate an elephant to an ant) So.. with patience u have extraordinary things.. " {image}
This is my statement from yesterday in euros, i think a can go with that to a Hotel with a model
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  • #1,323
  • Feb 25, 2015 6:35am Feb 25, 2015 6:35am
Quoting Giannigr
{quote} This is my statement from yesterday in euros, i think a can go with that to a Hotel with a model {image}
Ohh nicee you madee that with this system?? Nice!
  • #1,324
  • Feb 25, 2015 6:38am Feb 25, 2015 6:38am
Quoting Contrax
{quote} Ohh nicee you madee that with this system?? Nice!
price action and breakout my friend and little from the weekly system
  • #1,325
  • Feb 25, 2015 6:51am Feb 25, 2015 6:51am
Quoting Giannigr
{quote} price action and breakout my friend and little from the weekly system
Ohh very good my friend.. well im news trader also but its kinda boring only work 2-4 days each month and few seconds... its the reason that i want to get uber master in this strategy and can be very profitable and easy win %2-5 everyday lol plus my own strategy for news and its completly. So i think its better know a lot of strategies and making ur own profitable strategy. Cheers

(Well anyway its very small profits... i know people in here that wins 50k each month lol.)
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  • #1,326
  • Feb 25, 2015 6:52am Feb 25, 2015 6:52am
Quoting dimdel
{quote} my friend contrax i cant understand how you win with GBPUSD BECAUSE the D1 candle close ,54514 and today went down till ,54456 = 5,8 pip what spread do you have? how you knew to close the order there? did you put TP ? please would greatly help your answer

Use brokers with small Spread/Comission.

Remember that the Dayly candle close/open at Sydney open. Its in 00:00 in broker at that time.
  • #1,327
  • Edited 7:22am Feb 25, 2015 7:10am | Edited 7:22am
Quoting Contrax
{quote} Ohh very good my friend.. well im news trader also but its kinda boring only work 2-4 days each month and few seconds... its the reason that i want to get uber master in this strategy and can be very profitable and easy win %2-5 everyday lol plus my own strategy for news and its completly. So i think its better know a lot of strategies and making ur own profitable strategy. Cheers (Well anyway its very small profits... i know people in here that wins 50k each month lol.) {image}

I dont know about this hourly system, its seems to me like Russian roulette. Yesterday i tried first time Like Robinho mentioned post 1178 in NY open and had some small profit. Today i try and try waste time and only loss. For me is the weekly method the best of all, i had one week 27/27 another week 26/27 this week 23/27. Hourly method for me is to wait and close to the hi-lo go after the next reversal candle closed. The success is guaranty
  • #1,328
  • Feb 25, 2015 7:15am Feb 25, 2015 7:15am
Quoting Giannigr
{quote}
Understand this system, you are not going to regret. Believe me my friend.
  • #1,329
  • Feb 25, 2015 7:43am Feb 25, 2015 7:43am
Quoting Giannigr
{quote} I dont know about this hourly system, its seems to me like Russian roulette. Yesterday i tried first time Like Robinho mentioned post 1178 in NY open and had some small profit. Today i try and try waste time and only loss. For me is the weekly method the best of all, i had one week 27/27 another week 26/27 this week 23/27. Hourly method for me is to wait and close to the hi-lo go after the next reversal candle closed. The success is guaranty
Excuse me, I can not understand ... if I'm in a method that is making a profit why change?

They were filling me to show the method and now do not pay ...

For me ... any of these methods I follow, I will get 1% a day ... the problem is that they are never happy,,, and life in the world is so ... has 01 car or 02 cars .. . has 02 cars or a plane ... a method that 27 entries you win 23, 26 entries for that change? after a while you will spend all Forum repeating the crying. Expect the day 03/03 and make their weekly entries.
  • #1,330
  • Feb 25, 2015 8:00am Feb 25, 2015 8:00am
Quoting Robinho
{quote} Excuse me, I can not understand ... if I'm in a method that is making a profit why change? They were filling me to show the method and now do not pay ... For me ... any of these methods I follow, I will get 1% a day ... the problem is that they are never happy,,, and life in the world is so ... has 01 car or 02 cars .. . has 02 cars or a plane ... a method that 27 entries you win 23, 26 entries for that change? after a while you will spend all Forum repeating the crying. Expect the day 03/03 and make their weekly entries.
No Robinho, i didn't left from the weekly method, just the pairs closed. Next week again.
Anyway this is your method and i'm grateful for that!!! This doesn't mean that i have to quit my trading style or to adopt a system what works with indicators and 1000 filters and have nothing to do with your original system. Sorry but i can't hide my face behind my fingers
  • #1,331
  • Feb 25, 2015 8:03am Feb 25, 2015 8:03am
Quoting Robinho
{quote} Excuse me, I can not understand ... if I'm in a method that is making a profit why change? They were filling me to show the method and now do not pay ... For me ... any of these methods I follow, I will get 1% a day ... the problem is that they are never happy,,, and life in the world is so ... has 01 car or 02 cars .. . has 02 cars or a plane ... a method that 27 entries you win 23, 26 entries for that change? after a while you will spend all Forum repeating the crying. Expect the day 03/03 and make their weekly entries.
No Robinho, i didn't left from the weekly method, just the pairs closed. Next week again.
Anyway this is your method and i'm grateful for that!!! This doesn't mean that i have to quit my trading style or to adopt a system what works with indicators and 1000 filters and have nothing to do with your original system. Sorry but i can't hide my face behind my fingers
  • #1,332
  • Feb 25, 2015 8:14am Feb 25, 2015 8:14am
Quoting Giannigr
{quote} No Robinho, i didn't left from the weekly method, just the pairs closed. Next week again. Anyway this is your method and i'm grateful for that!!! This doesn't mean that i have to quit my trading style or to adopt a system what works with indicators and 1000 filters and have nothing to do with your original system. Sorry but i can't hide my face behind my fingers
The problem that spend much time here ...
Repetitive posts
People do not acknowledge anything ...
or monthly
or weekly
or daily
not acknowledge anything ...
Things are very clear ...

Each does what you want ... the problem is that they do nothing, then do not learn and when they do and has wins ... always want to change ...

01 car, 02 cars, 03 cars ... 01 aircraft, 02 aircraft etc ... several women, several houses ,,, and forget to be happy ... All tires ...
I want to see a person here say:

"Robinho'm only following the monthly candle, look at my history" or
"Robinho'm only following the weekly candle, look at my record" or
"Robinho'm only following the daily candle, look at my history" or
"Robinho'm making inputs opening London and NY, look at my history"

When I show the victories, people doubt, know why? they do not

See our Contrax friend, he lost time with me yesterday at the opening of London live, ask him if he lost today / one day of care and dedication ... and now it's just discipline and follow ...
  • #1,333
  • Feb 25, 2015 8:28am Feb 25, 2015 8:28am
Quoting Robinho
{quote} The problem that spend much time here ... Repetitive posts People do not acknowledge anything ... or monthly or weekly or daily not acknowledge anything ... Things are very clear ... Each does what you want ... the problem is that they do nothing, then do not learn and when they do and has wins ... always want to change ... 01 car, 02 cars, 03 cars ... 01 aircraft, 02 aircraft etc ... several women, several houses ,,, and forget to be happy ... All tires ... I want to see a person here say: "Robinho'm only following the monthly candle, look...
Yes right,this is the progress in the Live, to change the Old with the New, the Bad with Good,the Good with the Best in a world what always move.
  • #1,334
  • Feb 25, 2015 9:02am Feb 25, 2015 9:02am
Slow down Guys... Am still reading to catch up.
Robinho.
My help is in the name of the Lord who made heaven and earth.
  • #1,335
  • Feb 25, 2015 1:19pm Feb 25, 2015 1:19pm
Okay then, this is my first contribution to the thread...
I've dumped all of my broker's monthly OHLC, this time I'll just use 2 symbols, and I dump the statistic data from 2013 until 2015.
I used the first method (from post #1), which is to only look for the previous MN bar and trade blindly according to it's previous color.
https://bpaste.net/show/4d9fa794c66e
On the above link, I used 60 pips as TP and 100 pips as SL.

But please be noted that on my statistic above, it's getting blindly checked if the TP was reached or not in the particular month, as in the reality we often seeing our SL getting hit first, although the price reached the TP eventually.
Because trading in real life will always involves the whipsaw or zigzag in price movement

EDIT: Sorry, the total pips should be divided by 10, because my broker added another digit on them...
OrderSend(Symbol(),OP_BUY,10,Ask,30,SL,TP,"",0,0,clrGreen);
  • #1,336
  • Feb 25, 2015 1:57pm Feb 25, 2015 1:57pm
These are my thoughts for the D1=WK=MN strategie:

AUDCAD long
EURGBP short
NZDCAD long

Anyone other suggestions?
  • #1,337
  • Feb 25, 2015 2:19pm Feb 25, 2015 2:19pm
Quoting Funk65
These are my thoughts for the D1=WK=MN strategie: AUDCAD long EURGBP short NZDCAD long Anyone other suggestions?
Quite right friend ... Very good ... 1st candle confirming entry for the 2nd candle.
  • #1,338
  • Feb 25, 2015 2:35pm Feb 25, 2015 2:35pm
Hi everyone,

Just wanted to say that you're all doing a great job testing the system out. Thanks Robinho for your efforts!

Keep going!
I am NOT an expert. I post to learn from others.
  • #1,339
  • Feb 25, 2015 3:29pm Feb 25, 2015 3:29pm
Quoting Funk65
These are my thoughts for the D1=WK=MN strategie: AUDCAD long EURGBP short NZDCAD long Anyone other suggestions?
NZD trade balance coming in 20 minutes. Might want to see how that shakes out before going long NZD/CAD
  • #1,340
  • Feb 25, 2015 3:33pm Feb 25, 2015 3:33pm
Quoting Nico1359
{quote} NZD trade balance coming in 20 minutes. Might want to see how that shakes out before going long NZD/CAD
Very Good!!! do not enter to the market when exist news for that currency.
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