Follow the monthly candle and be profitable | Page 69 | Forex Factory

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Follow the monthly candle and be profitable

  • #1,361
  • Feb 26, 2015 8:00am Feb 26, 2015 8:00am
Quoting Contrax
{quote} jaajajajaajajajajja KKKKkKkKkkkkKKKKKKKKKKK JAJAJAJAJAJAJAAJJA {image}
Nobody says anything ... you have to be slutty. All this is just luck ... Russian Roulette.

Methods lose credibility because there are times when it seems here another Octagon MMA ... people only want to fight.

And we have even now, some friends doing the entries according to the established rules. Very easy systems.
  • #1,362
  • Feb 26, 2015 8:04am Feb 26, 2015 8:04am
Couple RmDn EURUSD and EUR JPY red, we can not sell more in the moment.
  • #1,363
  • Feb 26, 2015 8:36am Feb 26, 2015 8:36am
Quoting Funk65
I took 3 trades yesterday evening after the D1 candle close: AUDCAD winner EURGBP winner NZDCAD winner
My aud/cad long fell straight down and hit my SL When did you take the trade and what price did you get in at? I got in at .9811
  • #1,364
  • Feb 26, 2015 8:49am Feb 26, 2015 8:49am
Quoting Nico1359
{quote} My aud/cad long fell straight down and hit my SL When did you take the trade and what price did you get in at? I got in at .9811

I suppose you had 50 pip SL ? i had 70 it was not hit and went back up to target
  • #1,365
  • Feb 26, 2015 9:00am Feb 26, 2015 9:00am
Quoting Nico1359
{quote} My aud/cad long fell straight down and hit my SL When did you take the trade and what price did you get in at? I got in at .9811
What is your stop? What is your TP?

My entry was 0.9806 and TP 10 pips

Opening price = 0.9805
High = 0.9840
low = 0.9747

The rule is 100 pips and 10 pips Stop Tp. You did not win was why he put a higher Tp 10 pips and 30 pips higher, because if you went 0.9811 win in 0.9821.

You lost it put a lower stop of 100 pips ... it put a stop 70 pips would not have lost.

Follow the rules ... Here is a summary of all the rules in the post 1344
Tired of talking not to place stop short ...
  • #1,366
  • Feb 26, 2015 9:18am Feb 26, 2015 9:18am
Quoting Nico1359
{quote} My aud/cad long fell straight down and hit my SL When did you take the trade and what price did you get in at? I got in at .9811
My entry was 0.98135
TP 10 pips
SL 70 pips
  • #1,367
  • Feb 26, 2015 9:50am Feb 26, 2015 9:50am
Quoting Robinho
{quote} Nobody says anything ... you have to be slutty. All this is just luck ... Russian Roulette. Methods lose credibility because there are times when it seems here another Octagon MMA ... people only want to fight. And we have even now, some friends doing the entries according to the established rules. Very easy systems.
https://secure.forexfactory.com/tradeexplorer.php
  • #1,368
  • Feb 26, 2015 10:02am Feb 26, 2015 10:02am
Quoting Robinho
{quote} What is your stop? What is your TP? My entry was 0.9806 and TP 10 pips Opening price = 0.9805 High = 0.9840 low = 0.9747 The rule is 100 pips and 10 pips Stop Tp. You did not win was why he put a higher Tp 10 pips and 30 pips higher, because if you went 0.9811 win in 0.9821. You lost it put a lower stop of 100 pips ... it put a stop 70 pips would not have lost. Follow the rules ... Here is a summary of all the rules in the post 1344 Tired of talking not to place stop short ...
I saw that you use 100 stop but I have experimented with using 50. The reason being I am hesitant trading with such a bad R:R ratio. You have to have a 91% win rate just to break even using your SL/TP. I understand you have a very high win rate now. I just know that the inevitable bad day is bound to happen, and say you lose 2 trades in one day... Now you have to win your next 20 trades in a row just to break even... I'm not trying to be negative, I just want a happy medium.
  • #1,369
  • Feb 26, 2015 10:53am Feb 26, 2015 10:53am
Quoting Nico1359
{quote} I saw that you use 100 stop but I have experimented with using 50. The reason being I am hesitant trading with such a bad R:R ratio. You have to have a 91% win rate just to break even using your SL/TP. I understand you have a very high win rate now. I just know that the inevitable bad day is bound to happen, and say you lose 2 trades in one day... Now you have to win your next 20 trades in a row just to break even... I'm not trying to be negative, I just want a happy medium.
Do it your way, but do not be crying and posting because he lost prophet ... if you know you're not putting 100 pips Stop and lose, there is no need to be talking about that lost ... is meaningless be whining. The moment you say you lost, all of us will ask you: "Why have you lost?"
So when you lose, place already "lost why put a smaller stop". For the operator who makes the entries and wins of course it will ask, because the friend lost.
Every one knows what it does, but when you lose ... have to put the guitar in the bag and be quiet, because it opens the possibility of all this discussion for nothing. I and other friends won the 03 entries today D1 = W1 = MN ... it is important ... the rest is only al-Qaeda gang that is doing differently to be raising controversy. Excuse me ...
  • #1,370
  • Feb 26, 2015 11:10am Feb 26, 2015 11:10am
I believe that in the post 1344, are the rules of all, or most of the methods we are using. I want to make a request ... a proposal to friends. Let's stop spending too on to argue, different things. Or do we follow the candles and show the results or who are not satisfied have several options and I can name two:
1) create a topic in the Forex Factory with your ideas or
2) Go to another discussion, look for something else has a lot of methods in FF.

What does not, I stay awake all day early (04:50 GMT), show several times, for all aprensentados methods in post 1344, it is feasible to do the presented form ... showing the entries showing ... image showing the results, and friends continue to do differently, and be inquiring, questioning.

Let's keep the focus on the couple, the sails ... many eyes to look graphs, and we were losing time with whimper. Or do what is proposed, or be quiet or will look for something else to do. If you are unsure, operate in the DEMO account, but stop crying ... seems to be burial.
  • #1,371
  • Feb 26, 2015 11:41am Feb 26, 2015 11:41am
Quoting Robinho
{quote} 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...

my friend robin you mean this?

Attached Image (click to enlarge)
Click to Enlarge Name: QQQQQQQQQQQQQQQ.png Size: 50 KB
  • #1,372
  • Feb 26, 2015 12:17pm Feb 26, 2015 12:17pm
Quoting dimdel
{quote} my friend robin you mean this? {image}
Dimdel - just being picky - in the first option you specified 'previous', in options 2 and 3 no mention of 'previous', so are you referring to 'current'?

thanks

Mike
  • #1,373
  • Feb 26, 2015 12:26pm Feb 26, 2015 12:26pm
in any case i mean previous candle
the closed candle
  • #1,374
  • Feb 26, 2015 12:27pm Feb 26, 2015 12:27pm
Quoting dimdel
{quote} my friend robin you mean this? {image}
Friend, let's stop this, all here know what they have to do ,,, do because they want to do other things. let's keep the focus on the couple.

In the post 1344 left everything very clear. NEVER made entries here W1 = MN

We entries here.

1) THEN ONLY CANDLE MONTHLY PREVIOUS closed

2) ONLY FOLLOWING PREVIOUS WEEKLY closed

3) THEN ONLY DAILY PREVIOUS closed

4) FOLLOW D1 = W1 = MN

5) AND NOW IN LONDON AND NY

Here is not hospice ... not a lot of crazy aqui.As people already understand ... do not want ... why not want to put 05 pips to gain 40 pips stop ,,, if so, do you think I put 100 pips to gain 10 pips stop?

Everything shown has been tested ,,, tested ... tested ... ENOUGH !!!
I will not be answering silly.

Let's talk about couple and candles and more. Follow something ... and stop getting all the time putting explanations and explanations ...

Friend that your item 2 never did. We made weekly entries following only W1 without being converged with MN ok? If you already know how to make one of these entries, place the results and not warm for those who do not know ... because Qinda are doing clowns agent or are even donkeys. Many colocads entries with images ... do not talk to me that translation is ... ENOUGH !!! A hug and do not waste your time.
  • #1,375
  • Feb 26, 2015 12:27pm Feb 26, 2015 12:27pm
but i want cofirmation by robinho
  • #1,376
  • Feb 26, 2015 12:35pm Feb 26, 2015 12:35pm
Quoting Robinho
{quote} Friend, let's stop this, all here know what they have to do ,,, do because they want to do other things. let's keep the focus on the couple. In the post 1344 left everything very clear. NEVER made entries here W1 = MN We entries here. 1) THEN ONLY CANDLE MONTHLY PREVIOUS closed 2) ONLY FOLLOWING PREVIOUS WEEKLY closed 3) THEN ONLY DAILY PREVIOUS closed 4) FOLLOW D1 = W1 = MN 5) AND NOW IN LONDON AND NY Here is not hospice ... not a lot of crazy aqui.As people already understand ... do not want ... why not want to put 05 pips to gain 40 pips...



my only intention was to understand exactly what are you doing in order to apply it exactly
rather I have communication problems and my english cant help me so
i will not bother next time with my questions

thank you anyway
  • #1,377
  • Feb 26, 2015 12:36pm Feb 26, 2015 12:36pm
Quoting dimdel
but i want cofirmation by robinho
dimdel's image is quite clear though, if it's confirmed, then it will be easier to follow the rules from that image
OrderSend(Symbol(),OP_BUY,10,Ask,30,SL,TP,"",0,0,clrGreen);
  • #1,378
  • Feb 26, 2015 12:50pm Feb 26, 2015 12:50pm
Quoting Nico1359
{quote} I saw that you use 100 stop but I have experimented with using 50. The reason being I am hesitant trading with such a bad R:R ratio. You have to have a 91% win rate just to break even using your SL/TP. I understand you have a very high win rate now. I just know that the inevitable bad day is bound to happen, and say you lose 2 trades in one day... Now you have to win your next 20 trades in a row just to break even... I'm not trying to be negative, I just want a happy medium.
Risk Reward 10/1 actually this is not nice at all. We have very high win rate, but one loosing trade destroy 10 winning trade.
This is the dark side of our strategy.

Mirko
  • #1,379
  • Feb 26, 2015 12:51pm Feb 26, 2015 12:51pm
My apologies Robinho. I was not trying to be a whiner. I was only trying to open a dialogue on what I thought could be a potential flaw in your system. I will keep that to myself from now on. I will also try testing with 10 and 100 TP/SL... Even though the idea makes me nervous
  • #1,380
  • Feb 26, 2015 1:22pm Feb 26, 2015 1:22pm
I think more secure is 10/1000000
Xontromalakas einai telika
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