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Follow the monthly candle and be profitable

  • #1,381
  • Feb 26, 2015 1:34pm Feb 26, 2015 1:34pm
Quoting Nico1359
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

FRIEND, WHEN I IS NOT EVIL ...

YOU AND THE FRIEND Okrim find working 10/1 is bad, it is very simple ,,, test otherwise for 02 weeks or a month.

test with 50 of stop and 10 pips tp
test with 30 pips stop and 05 pips tp
test with 60 pips stop and 20 pips tp

know the big problems? you do not test or the way I'm doing and not test the way of you.

let's take 03 friends and test for 01 months, with different Tp and Stop

What is unhealthy, is not do it the way you're winning and do diferente.Não makes sense to stay here, "traveling in mayonnaise".

There is no problem with stop and test different Tp. The problem is that are blah blah blah blah and do not. No use getting "lost 01 entry have to win 10 to save" ,,, and I do not know that? I am a fool?Friend "X" will test for 01 months making the inputs D1 = W1 = MN 50 pips stop and 10 pips tp.
Friend 'Y' will test for 01 months making the entries D1 = W1 = MN with 30 pips stop and 05 pips tp
Friend "Z" will test for 01 months making the inputs D1 = W1 = MN with 60 pips stop and 20 pips tp

Only suggestion because we have friends "P" "Q" "R", etc ... We have several possibilities. but have to do, have to operate and stop being ... "100 pips stop is too"

following D1 = W1 = MN know who wins, but want to prang how best ... we will not know if we do.

Success !!!
  • #1,382
  • Feb 26, 2015 2:01pm Feb 26, 2015 2:01pm
What happens here is absurd.

1st publish entries
2 show the results

People are not met, but make no different to prove that we can improve recompensa.Testem risk otherwise is very simple, and are of slapstick. Show the results for us to change. I want a better risk reward too, or do you think I did a lot of testing? with several Tp and stop diferentes..testem ...
To get a lower Stop with this system, we would have to be watching the market to see other filters. Since I started making the publication of my ideas, was directing mainly for beginners because they are still learning "I know what I've been to learn the little I know, alone" just reading sites on the Internet.

If we follow the market, of course we can put a stop lowest since put other filters, but the proposal is not that ... the proposal is to simply inputs and at the end of the month even with losses, the beginner's account grow , working only 10 minutes a day. I'm sure everyone here has a major work, and have an appointment on your PC (D1 opening) to make the entries is very good, until you can make a better account and just live forex.

Who has more experience in the market and want to put more indicators, Fibonacci..ou anything else ... you do, but as I said ... the rookie does not understand anything and to confuse more. So to argue TP and STOP is silly because everyone do your planning, because the important thing is that we have a high probability of price following D1 = W1 = MN ... this direction we have to have FOCUS.
  • #1,383
  • Feb 26, 2015 3:06pm Feb 26, 2015 3:06pm
I agree. If you want to trade with a smaller stop, you have to drill down to a smaller timeframe and filter out the trades that are more dangerous (like aud/cad was yesterday). I don't know the best way to do that, so for now I will just test your method by the rules you established.
  • #1,384
  • Feb 26, 2015 3:20pm Feb 26, 2015 3:20pm
Pairs that look like setups today...

eur/usd sell
gbp/usd sell
usd/cad buy
eur/aud sell
cad/jpy sell
nzd/cad buy
  • #1,385
  • Feb 26, 2015 3:40pm Feb 26, 2015 3:40pm
Quoting Nico1359
Pairs that look like setups today... eur/usd sell gbp/usd sell usd/cad buy eur/aud sell cad/jpy sell nzd/cad buy
I friend (Robinho) only enter the 1st opportunity. When you close the 1st candle D1 in favor of W1 and MN. I enter the 2nd candle that will be the day 27/02. In addition, my peers are:

EURUSD SELL
GBPUSD SELL
USDCAD BUY
CADCHF SELL
CAD JPY SELL

NZDCAD (IN 26/02)
EURAUD (IN 23/02)

Watch Out !!! 03 pairs with devaluation of CAD

The closing CADCHF pair D1 with a very small sail. It is best to discard this pair and work with the wrapping other.
  • #1,386
  • Feb 26, 2015 4:49pm Feb 26, 2015 4:49pm
So, has the method evolved from monthly candle to now confluence with weekly and then daily? Does the monthly candle original method still warrant my hard earned money and focus? Thanks Robinho
  • #1,387
  • Feb 27, 2015 12:24am Feb 27, 2015 12:24am
because probably something I have not understood correctly,
this week I had - 10% profit
in all signals sl 100 / tp 60
( i dont try london setup )

Those who have understood correctly
what results had been;
the current week?

thanks
  • #1,388
  • Edited 8:55am Feb 27, 2015 3:18am | Edited 8:55am
Quoting dimdel
because probably something I have not understood correctly, this week I had - 10% profit in all signals sl 100 / tp 60 ( i dont try london setup ) Those who have understood correctly what results had been; the current week? thanks
From my experience dont use this day by day system , or the hourly system if you want to have profit.
Trade only once in Month the monthly and once in week the weekly system but only as basket.
  • #1,389
  • Feb 27, 2015 3:44am Feb 27, 2015 3:44am
Quoting Giannigr
{quote} From my experience dont use this day by day system , or the hourly system if you want to have profit. Trade only once in Month the monthly and once in week the weekly system but only as basket. Everything else is shit

thanks gianni
  • #1,390
  • Feb 27, 2015 8:10am Feb 27, 2015 8:10am
Quoting Giannigr
{quote} From my experience dont use this day by day system , or the hourly system if you want to have profit. Trade only once in Month the monthly and once in week the weekly system but only as basket. Everything else is shit
Why do you say that? Your language is not nice At all, first At all Respect! If you don't believe in a system you can explain your thought without bad language. The people are here to learn and If you do as you did It is not positive for anyone. Gentilezza ed eleganza always, Mirko
  • #1,391
  • Feb 27, 2015 9:01am Feb 27, 2015 9:01am
Quoting okrim
{quote} Why do you say that? Your language is not nice At all, first At all Respect! If you don't believe in a system you can explain your thought without bad language. The people are here to learn and If you do as you did It is not positive for anyone. Gentilezza ed eleganza always, Mirko
I say for the good ''good'' and for the bad ''bad'' that's all and i dont need lessons from you how i have to treat my opinion professor Mirko
  • #1,392
  • Feb 27, 2015 9:14am Feb 27, 2015 9:14am
Time to unsuscrib from this thread. I have enough... Asta la vista
  • #1,393
  • Feb 27, 2015 9:43am Feb 27, 2015 9:43am
Quoting Giannigr
{quote} I say for the good ''good'' and for the bad ''bad'' that's all and i dont need lessons from you how i have to treat my opinion professor Mirko
You can say "bad" for the "bad" but if you say "everything else is shit", you seem the professor, not me, and the next time you don't need to erase the bad language you wrote.
Goodbye and good luck,

Mirko
  • #1,394
  • Feb 27, 2015 12:38pm Feb 27, 2015 12:38pm
Results 27/02 inputs D1 = W1 = MN

EURUSD 10 PIPS
GBPUSD 10 PIPS
USDCAD 10 PIPS
CADJPY + 10PIPS

note: HOPE CRITICS HAVE FRIENDS OTHERWISE TESTED.

note: NOT MADE ENTRY CADCHF SELL BECAUSE ALREADY HAD 02 COUPLE WITH CAD, BUT HAD ENTERED IF gain.

SEE YOU IN 02 DAYS DID 07 INPUTS AND WON THE 07.
(POST 1353) AND THIS.


Attention: Because today is the last day of the month, look the right side of the indicator column recent cadles where we will see how the candles will open on 02/03 (red arrow in the picture). See that these opportunities are only on the 1st day of the month.

GOOD WEEKEND FOR ALL.
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  • #1,395
  • Feb 27, 2015 1:13pm Feb 27, 2015 1:13pm
Hi Everyone,

My most favorite system is Sonic, i like that system the most. Secondly coming to set and forget based systems the above system is good. I use it daily,weekly,monthly with lot size not less than 0-01 and a trailing set to minimum with 100 pips as the stops, some times it makes green some few times it takes out my stops, but Wat i love with this system is it has consistency, this system can run for a long time, cause i wish to show my results on this but due to poor internet connections i am not able to upload images or so...............
might be my stops are huge but it doesn't matter cause at end of the month my money is still having some profit, struggling to get entries and waiting for huge profit is not my style.
with this system i have some good entries as well as some bad, but my advice is if you depend on a single system for forex trading then your not on the right place, if you really want to make some good income or profit then try and get educated on 2 or more systems, also try to maintain smaller lots with stops at appropriate places. Am having a screen sharing time of nearly 14 to 15 hours a day, so I can set this method while i wake up and then once London session opens up i will be running my sonic TAH system.

My english is worst and I can only do it this way..............
  • #1,396
  • Feb 27, 2015 1:39pm Feb 27, 2015 1:39pm
Hello Robinho and mates,

please can you confirm the rules for the setup so i am sure?

For the intraday trades if we have 2 possibility:

Previous Monthly candle BULLISH
Previous Weekly candle BULLISH
Previous DAILY candle BULLISH
I wait for the london open market (9.00 o'clock), i wait until 10 o'clock and i check if the H1candle close ABOVE the daily open. It it close above the daily open, i open a BUY position, right?
And if it close BELOW the daily open what i do?

Previous Monthly candle BEARISH
Previous Weekly candle BEARISH
Previous DAILY candle BEARISH
I wait for the london open market (9.00 o'clock), i wait until 10 o'clock and i check if the H1candle close BELOW the daily open. It it close below the daily open, i open a SELL position, right?
And if it close ABOVE the daily open what i do?

I give my little contribute continuing with my crazy test, i opened two opposite positition in the same time for the 6 pair (sell and buy).
The 0,01 lot is STOP LOSS / TAKE PROFIT 30/5
0.02 lot is 60/10
0.03 lot is 50/10
0.01 lot is 50/7
0.05 lot is 100/30
Those are my results.

Mirko
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  • #1,397
  • Feb 27, 2015 2:03pm Feb 27, 2015 2:03pm
Quoting okrim
Hello Robinho and mates, please can you confirm the rules for the setup so i am sure? For the intraday trades if we have 2 possibility: Previous Monthly candle BULLISH Previous Weekly candle BULLISH Previous DAILY candle BULLISH I wait for the london open market (9.00 o'clock), i wait until 10 o'clock and i check if the H1candle close ABOVE the daily open. It it close above the daily open, i open a BUY position, right? And if it close BELOW the daily open what i do? Previous Monthly candle BEARISH Previous Weekly candle BEARISH Previous DAILY candle...


First congratulations !!!

Opening London and NY (INTRADAY)
NO NEED TO FOLLOW D1
NO NEED TO FOLLOW W1
NO NEED TO FOLLOW MN

OPENING IN LONDON AND EXPLANATION NY POST 1224 FOLDER (Função de cada indicador)

Read the post in 1344 we have a summary of all methods.

See the results (need other systems?)

Good weekend.
  • #1,398
  • Feb 27, 2015 2:10pm Feb 27, 2015 2:10pm
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 pips stop),...
Robinho - in your method, how long do you leave the pending trade if it doesn't trigger? Do you leave it until it eventually does, or cancel it if it doesn't trigger in a certain amount of time?

Thanks

Mike
  • #1,399
  • Feb 27, 2015 2:15pm Feb 27, 2015 2:15pm
Quoting MikeCo
{quote} Robinho - in your method, how long do you leave the pending trade if it doesn't trigger? Do you leave it until it eventually does, or cancel it if it doesn't trigger in a certain amount of time? Thanks Mike
Friend see by the image of my results,,, I do not place pending order ... I go straight, so it gets the new D1 candle.
  • #1,400
  • Feb 27, 2015 2:27pm Feb 27, 2015 2:27pm
Quoting Robinho
{quote} Friend see by the image of my results,,, I do not place pending order ... I go straight, so it gets the new D1 candle.
Ok, so to confirm in my mind, is the opportunity to trade just for the first D1 candle of the month, or will you trade it even if it doesn't trigger for 2 or 3 (or more) days later?

thanks

Mike
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