Follow the monthly candle and be profitable | Page 77 | Forex Factory

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Follow the monthly candle and be profitable

  • #1,521
  • Mar 13, 2015 3:28pm Mar 13, 2015 3:28pm
Quoting Robinho
{quote} Everything is very good ... But why work with GOLD? You've seen me or someone who is having consistent profit operate gold? We do not need, because we already have so many pairs ... Everyone knows what to do, but it's difficult to do. Patience, discipline and focus and more. Continue making the entries only with peers of the post 01. A big hug.

ok friend

the gold is Dangerous i know


i try this system once a day
and at rest day the .00 system

thanks Robin
  • #1,522
  • Mar 15, 2015 8:33am Mar 15, 2015 8:33am
This week 14 Orders.
Every time i invest 90% of total account balance, risk 6.4% per trade this time
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  • #1,523
  • Mar 15, 2015 3:12pm Mar 15, 2015 3:12pm
Went and re-read first 50 pages. Not sure of something Robinho. On our trade setups on the monthly we open trade 20 pips from opening right? Is that the same for weekly and daily set ups as well? Or are we suppose to enter within about 20 pips on 00 levels? Thanks.
  • #1,524
  • Mar 16, 2015 2:53pm Mar 16, 2015 2:53pm
A shame that people here do not follow something as easy as D1 = W1 = MN. They are wanting to do other things ... and do nothing ... in no time who made the entries lost,,, do a little and stop ... a shame ... a simple way to operate without getting the day entire PC. Very good for beginners and those who work and do not have time to monitor the market all day, but everyone knows what makes life, tried to help.
  • #1,525
  • Mar 16, 2015 3:16pm Mar 16, 2015 3:16pm
Quoting Robinho
A shame that people here do not follow something as easy as D1 = W1 = MN. They are wanting to do other things ... and do nothing ... in no time who made the entries lost,,, do a little and stop ... a shame ... a simple way to operate without getting the day entire PC. Very good for beginners and those who work and do not have time to monitor the market all day, but everyone knows what makes life, tried to help.
Which column should I be watching for the same color candles , Right or left.


Thank you

Ron

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  • #1,526
  • Mar 16, 2015 5:23pm Mar 16, 2015 5:23pm
Quoting rps1027
{quote} Which column should I be watching for the same color candles , Right or left. Thank you Ron {image}
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  • #1,527
  • Mar 16, 2015 5:30pm Mar 16, 2015 5:30pm
Quoting dimdel
{quote} {image}
So the answer is the left column?

And in this case it is red so the next day I should be selling? Is that correct?
  • #1,528
  • Mar 16, 2015 7:05pm Mar 16, 2015 7:05pm
Quoting rps1027
{quote} So the answer is the left column? And in this case it is red so the next day I should be selling? Is that correct?
You have to look these candles at the turn of overnight 23:59 to 00:00 (mt4)
  • #1,529
  • Mar 17, 2015 1:11am Mar 17, 2015 1:11am
today
i had 2 pairs + ( audnzd+eurnzd but i scared , these)

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  • #1,530
  • Mar 17, 2015 2:54am Mar 17, 2015 2:54am
Quoting Robinho
{quote} You have to look these candles at the turn of overnight 23:59 to 00:00 (mt4)
Hi Robinho,

I think you should refer the time correctly. Not all have the same time zone with you.

May be can be specific, what is your time zone, GMT 00 or GMT +3 or is it Broker Time zone you refering ?

this make others confuse a lot for the time.

Thanks
Look for it and you will find it
  • #1,531
  • Mar 17, 2015 11:25am Mar 17, 2015 11:25am
hi
noone with this strategy?
  • #1,532
  • Edited 3:23pm Mar 17, 2015 2:14pm | Edited 3:23pm
Quoting dimdel
hi noone with this strategy?
I am very interested in this strategy!
These are my MN=W1=D1 trades from the 3/17/15 at 00:00
The CHFJPY loss, huge, was due to support area. If there are suggestions as to how to avoid that trade, I'd love to discuss.

Edit: 10:00 H1 candle had missed CHFJPY TP by one half pip! I manually closed it before going to work several hrs later. ohterwise it would still be in play after an 86 pip! draw down. That will take some getting used to!!!!

]
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  • #1,533
  • Mar 17, 2015 9:16pm Mar 17, 2015 9:16pm
My demo broker, FXCM, USDJPY was the only hit this afternoon, GMT 00:00:
Entry Price: 121.387; SL: 120.387; TP: 121.452; Current Price: 121.307
Is anyone convinced this will work out? I'm not asking for much.

D1 chart excerpt.....
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  • #1,534
  • Mar 18, 2015 12:43am Mar 18, 2015 12:43am
Quoting Rippin
My demo broker, FXCM, USDJPY was the only hit this afternoon, GMT 00:00: Entry Price: 121.387; SL: 120.387; TP: 121.452; Current Price: 121.307 Is anyone convinced this will work out? I'm not asking for much. D1 chart excerpt..... {image}
hi rippin

tha same

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  • #1,535
  • Mar 18, 2015 3:29am Mar 18, 2015 3:29am
Quoting Rippin
My demo broker, FXCM, USDJPY was the only hit this afternoon, GMT 00:00: Entry Price: 121.387; SL: 120.387; TP: 121.452; Current Price: 121.307 Is anyone convinced this will work out? I'm not asking for much. D1 chart excerpt..... {image}
Hi Rippin,

Do you use the script for your entries ? or you do it manually?

Cheers
  • #1,536
  • Mar 18, 2015 8:21am Mar 18, 2015 8:21am
Have anyone been following results of monthly method? A friend did a test with 12 currencies this month and got really good results
  • #1,537
  • Mar 18, 2015 9:41am Mar 18, 2015 9:41am
Quoting Rippin
My demo broker, FXCM, USDJPY was the only hit this afternoon, GMT 00:00: Entry Price: 121.387; SL: 120.387; TP: 121.452; Current Price: 121.307 Is anyone convinced this will work out? I'm not asking for much. D1 chart excerpt..... {image}

USDJPY status update: this is still alive. Need price to hit near the top of this 5 day range. On a side note, looking strictly at PA, why not long at this point?
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  • #1,538
  • Mar 18, 2015 10:54am Mar 18, 2015 10:54am
Quoting Rippin
{quote} USDJPY status update: this is still alive. Need price to hit near the top of this 5 day range. On a side note, looking strictly at PA, why not long at this point? {image}
This can't go on....

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  • #1,539
  • Mar 18, 2015 11:12am Mar 18, 2015 11:12am
Quoting Rippin
{quote} This can't go on.... {image}
this no agree with the thread
but anyway something to tell.....

as i see the usdjpy

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  • #1,540
  • Mar 18, 2015 7:34pm Mar 18, 2015 7:34pm
Trades opened at 03/18/2015 00:00. All closed now. No losers. All green pips.

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