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Follow the monthly candle and be profitable

  • #1,341
  • Feb 25, 2015 3:34pm Feb 25, 2015 3:34pm
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
Try to share us ur system of trading.. maybe we can do something with our strategy plus ur strategy
  • #1,342
  • Feb 25, 2015 3:49pm Feb 25, 2015 3:49pm
Quoting Giannigr
{quote} This is the result for today, in REAL trading!!! {image}
I don't want to teach to anyone because i am here to learn, but it is ok the watch the previous MT, WK, D, H4, H1, ... but price action is a must always:


Today we had to be aware about EURUSD because of this resistance line. Even if the candle of London open was green, we see that the previous candle hit the resistance line. Never buy nearly below any resistance! So, EURUSD today was forbidden for me.

EURJPY... you bought nearly below a strong resistance level, never do that!

GBPJPY, USDCHF i don't understand why you loose... you use 50/5?

Mirko
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  • #1,343
  • Feb 25, 2015 3:52pm Feb 25, 2015 3:52pm
Quoting okrim
{quote} I don't want to teach to anyone because i am here to learn, but it is ok the watch the previous MT, WK, D, H4, H1, ... but price action is a must always: Today we had to be aware about EURUSD because of this resistance line. Even if the candle of London open was green, we see that the previous candle hit the resistance line. Never buy nearly below any resistance! So, EURUSD today was forbidden for me. EURJPY... you bought nearly below a strong resistance level, never do that! GBPJPY, USDCHF i don't understand why you loose... you use 50/5?...
Perfect.. its pure PA. Obviously u need to see Supply and Demands and better if you see in dayly charts the S&R its better more strongher! Very Good okrim
  • #1,344
  • Feb 25, 2015 4:19pm Feb 25, 2015 4:19pm
Quoting Contrax
{quote} Try to share us ur system of trading.. maybe we can do something with our strategy plus ur strategy
1st step to be successful in Forex is to have patience and that we all know.
Then we have to have a method or a system that has a higher probability of winning that derrotas.E have several systems presented here September until now, only looking at the candles, lo!

Follow the monthly candle just looking the closing of the previous monthly candle (60 pips Tp and 100 pips stop), making the entry on the 1st day of the month.

Follow the weekly candle, just looking at the closing of the previous weekly candle (20 pips Tp and 80/100 pips stop), making the entry so the market opens on Monday. Had a friend who even left an EA that made entries according to the color of the previous candle. I did not like because EA did not make the candle reading, but gains much.

There was a time I made the following entry only sailing D1 previous closed (10 pips Tp and 100 pips stop). Look posts ago gained a lot too.

For added security introduced the proposal D1 = W1 = MN, (10 pips Tp and 100 pips Stop), have less input, but is very effective and profitable.

This week presented the opening method London and NY (05 pips TP and 50 pips Stop), not needless to say if it is profitable, 124 entries and 01 defeats.

What I mean by that? You see that all methods are just following the candles ... the method of opening London and NY is a little more complex, has many windows, but only to facilitate graph display.

Following with patience, planning and any method of that, friends will get 1% daily profit.
Planning? Yes, how much is endangering per operation, as will win and how long it takes to get "x" in my account. remember 1% per day in 03 years? I'm leaving a table where you put the value of the account, the value of the risk and how much will be the lot size. I know that many have poissuem, but we have many beginners. Follow the table, I put 2% risk in operations. I have gained 0.2% per trade in London England and Ny, but I'm making a lot, and that's what matters. Success to all, and no matter what method, patience and planning = Success !!!
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  • #1,345
  • Feb 25, 2015 4:28pm Feb 25, 2015 4:28pm
Quoting okrim
{quote} I don't want to teach to anyone because i am here to learn, but it is ok the watch the previous MT, WK, D, H4, H1, ... but price action is a must always: Today we had to be aware about EURUSD because of this resistance line. Even if the candle of London open was green, we see that the previous candle hit the resistance line. Never buy nearly below any resistance! So, EURUSD today was forbidden for me. EURJPY... you bought nearly below a strong resistance level, never do that! GBPJPY, USDCHF i don't understand why you loose... you use 50/5?...
When London open everything move fast,no time to check the resistances etc.and i wanded to try for second day this hourly system,anyway this is no my system therefore i hold the rules. I started exactin the second London open and i think the second hour is maybe to late. The gbpjpy i lost in sl, the eurusd still open, eurjpy i closed manual with 10euro loss few hours before, uscdchf and the other 3 pairs with 5 pips profit each.
I dont want to analyze more. The day is over,tomorrow is a new day
  • #1,346
  • Feb 25, 2015 4:34pm Feb 25, 2015 4:34pm
Quoting Contrax
{quote} Try to share us ur system of trading.. maybe we can do something with our strategy plus ur strategy
First of all this Robinhos thread and i follow may i learn something. I'm not here to make the master.
The only thing what i know is that i dont know nothing (Socrates)
  • #1,347
  • Feb 25, 2015 6:08pm Feb 25, 2015 6:08pm
Quoting Giannigr
{quote} First of all this Robinhos thread and i follow may i learn something. I'm not here to make the master. The only thing what i know is that i dont know nothing (Socrates)
Master, I? The only teacher I know is the Dungeon Master, Dragon cave ... the only thing we have in common is that we know the way back to casa.kkkkkkkkkkkkkkkkkkkkkkkkk
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  • #1,348
  • Feb 26, 2015 12:10am Feb 26, 2015 12:10am
Lmao whos that person.
  • #1,349
  • Feb 26, 2015 6:34am Feb 26, 2015 6:34am
I took 3 trades yesterday evening after the D1 candle close:

AUDCAD winner
EURGBP winner
NZDCAD winner
  • #1,350
  • Feb 26, 2015 6:42am Feb 26, 2015 6:42am
Quoting Funk65
I took 3 trades yesterday evening after the D1 candle close: AUDCAD winner EURGBP winner NZDCAD winner
You could be also winner if you would trade reverse the pairs
  • #1,351
  • Feb 26, 2015 6:48am Feb 26, 2015 6:48am
Quoting Giannigr
{quote} You could be also winner if you would trade reverse the pairs
I have loss in my Daily Candle but my entries in london was almost all profits.
  • #1,352
  • Feb 26, 2015 6:51am Feb 26, 2015 6:51am
Quoting Funk65
I took 3 trades yesterday evening after the D1 candle close: AUDCAD winner EURGBP winner NZDCAD winner
Gratz my friend !
  • #1,353
  • Feb 26, 2015 7:05am Feb 26, 2015 7:05am
Quoting Funk65
These are my thoughts for the D1=WK=MN strategie: AUDCAD long EURGBP short NZDCAD long Anyone other suggestions?
AUDCAD + 10 pips
EURGBP +10 pips
NZDCAD + 10pips
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  • #1,354
  • Feb 26, 2015 7:16am Feb 26, 2015 7:16am
Quoting Giannigr
{quote} You could be also winner if you would trade reverse the pairs
Here no one knows ... trade forex is all luck ... Crystal Ball is perfect.
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  • #1,355
  • Feb 26, 2015 7:32am Feb 26, 2015 7:32am
what happened to the GBPCAD?

nobody took that one? it was a valid entry .

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  • #1,356
  • Feb 26, 2015 7:38am Feb 26, 2015 7:38am
Quoting Ab4x
what happened to the GBPCAD? nobody took that one? it was a valid entry . {image} {image}
I saw that, but we already had 02 entries CAD (AUDCAD and NZDCAD) .parabéns !!!

I'm liking what I see, friends participating and posting the results of entries. With more people posting, others will better understand the whole system.
  • #1,357
  • Feb 26, 2015 7:39am Feb 26, 2015 7:39am
Well im done for tonight/today this was my profits from London Session. I do i high risk but very concentrate... I was looking only for 3pips and sometimes i close for only 1 pip... Just watching the Candles and Price Action. In Mexico right now its 7:37am so i think i need to rest if not the sun its going to burn my eyes lmao.

Its better Green Banked Pips than Green Bubble Pips floating in nowhere.. We Are Traders
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  • #1,358
  • Feb 26, 2015 7:42am Feb 26, 2015 7:42am
Previous candle closed to the NY Red 04 pairs ... any couple who came SELL win. Everything was OK. A big hug Contrax
  • #1,359
  • Feb 26, 2015 7:44am Feb 26, 2015 7:44am
Quoting Contrax
Well im done for tonight/today this was my profits from London Session. I do i high risk but very concentrate... I was looking only for 3pips and sometimes i close for only 1 pip... Just watching the Candles and Price Action. In Mexico right now its 7:37am so i think i need to rest if not the sun its going to burn my eyes lmao. Its better Green Banked Pips than Green Bubble Pips floating in nowhere.. We Are Traders {image}
I'm not a liar ... Congratulations !!!
  • #1,360
  • Feb 26, 2015 7:49am Feb 26, 2015 7:49am
Quoting Robinho
Previous candle closed to the NY Red 04 pairs ... any couple who came SELL win. Everything was OK. A big hug Contrax

jaajajajaajajajajja KKKKkKkKkkkkKKKKKKKKKKK JAJAJAJAJAJAJAAJJA
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