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Follow the monthly candle and be profitable

  • #1,781
  • Apr 24, 2015 8:25am Apr 24, 2015 8:25am
Sorry if I missed the answer to this but what about Friday's candle close? If Friday's candle is different than Thursday's candle what do you do since it is the weekend? Do you just never open positions on the Friday candle? Sorry again if this is a stupid question.
The better looser you are the better winner you are
  • #1,782
  • Apr 24, 2015 1:39pm Apr 24, 2015 1:39pm
Quoting iwan73
{quote} Roninho, i am not sure if i understand your post corectly. I have to say i demo this method for one week so far. In the begining i set orders on the same lot size (1 lot) but it is not correct. Now i adjust lot size to each pair. I have big loss today (5%). All trades were closed by EA posted whis week by Erebus (by the way , THX Erebus). What do you think Robinho about adjusting SL and TP to ADR? I will be still trading on demo next week.
AND THE? that EA?

I did not say anything EA;;; a person who has to have EA to put some pending orders a day ... 20 pips from the opening price ... a Stop 100 pips and a stop 50 pips to ... know that the method is good we have to follow it in 01 months,.,,, but no one here is patient enough to do ... have to have EA?

We're just a test ... after 01 months we'll see if we change TP and stop and TS;;; but none here can be as easy ... Unbelievable ...

How can we know,,, if no one does?
  • #1,783
  • Apr 24, 2015 1:48pm Apr 24, 2015 1:48pm
Quoting Robinho
{quote} AND THE? that EA? I did not say anything EA;;; a person who has to have EA to put some pending orders a day ... 20 pips from the opening price ... a Stop 100 pips and a stop 50 pips to ... know that the method is good we have to follow it in 01 months,.,,, but no one here is patient enough to do ... have to have EA? We're just a test ... after 01 months we'll see if we change TP and stop and TS;;; but none here can be as easy ... Unbelievable ... How can we know,,, if no one does?
hi Robinho

yes there is a way to see if we have profit with new daily candle color follow ,
without to wait 1 or 2 month

backtest

manually or with EA
THE EA for this reason must apply because the pending orders as you said , we can easy put every day .
  • #1,784
  • Apr 24, 2015 2:24pm Apr 24, 2015 2:24pm
with my poor knowledge in trading
i would like to search the following

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propably not need all these
but think about it

thanks
  • #1,785
  • Edited 2:46pm Apr 24, 2015 2:28pm | Edited 2:46pm
@Dimel, at my understanding it is not new colour of new currently candle, but the candle when the Last candle closed at new colour
example: there were 4 red candles, then a green one, when the green one closes green, our target is the next one to open


Edited: Its right, i interpreted your graphics wrong sry
  • #1,786
  • Apr 24, 2015 4:36pm Apr 24, 2015 4:36pm
Quoting mokuro89
@Dimel, at my understanding it is not new colour of new currently candle, but the candle when the Last candle closed at new colour example: there were 4 red candles, then a green one, when the green one closes green, our target is the next one to open Edited: Its right, i interpreted your graphics wrong sry
hi
i think we say the same

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  • #1,787
  • Apr 24, 2015 5:44pm Apr 24, 2015 5:44pm
Quoting Robinho
Good morning, I thought I was in another topic ... because I see so much ... Just follow the 1st candle D1 that changes ... nothing more than that ... no one here can tell if a profit or not ... because no one is permanently ... something so easy, only 10 minutes ... for that EA to place pending order? It is an empty topic since fleeing the main focus ... look pairs in the graph and see the direction of most of the 1st candle D1 that changes ... where does it go? just that ... a shame that change the focus and is vaizio,,, only 03 people now. or...

And I thought we are following the topic very well.........????????

I'll give it a miss then as seems like this is headless chicken

No problems, as you say, no one follows this stuff

It takes a lot for me to IGNORE you, but you can try.
  • #1,788
  • Apr 26, 2015 7:06am Apr 26, 2015 7:06am
Quoting dimdel
with my poor knowledge in trading i would like to search the following {image} {image} {image} propably not need all these but think about it thanks
@dimdel and mokuro89 - Is it possible that you could create your own thread and discuss dimdel's ideas there?

Thanks!
Blindly following others will make you blind!
  • #1,789
  • Apr 26, 2015 8:12am Apr 26, 2015 8:12am
ok
i made a thread
DAILY GREEN RED CANDLE

and there we can use multi way to examination
and we will not confuse here in this tread people
  • #1,790
  • Apr 26, 2015 11:05am Apr 26, 2015 11:05am
Quoting Georgebaker
{quote} @dimdel and mokuro89 - Is it possible that you could create your own thread and discuss dimdel's ideas there? Thanks!
Hi Geogebaker, this is acctually robinho's idea, please check post 1571 from this post on there are many posts discussing the D1 candle colour change.
But yes, I agree that this should be moved to a new thread so each idea get his proper focus
  • #1,791
  • Apr 26, 2015 11:14am Apr 26, 2015 11:14am
Quoting mokuro89
{quote} Hi Geogebaker, this is acctually robinho's idea, please check post 1571 from this post on there are many posts discussing the D1 candle colour change. But yes, I agree that this should be moved to a new thread so each idea get his proper focus
@mokuro89 - Exactly
Blindly following others will make you blind!
  • #1,792
  • Apr 26, 2015 4:57pm Apr 26, 2015 4:57pm
Quoting dimdel
with my poor knowledge in trading i would like to search the following {image} {image} {image} propably not need all these but think about it thanks
Amazing, dude, you cannot even follow 1+1=2 Instructions...

ORIGINAL Strategy has, 50 PIPS TP and 100 pips SL!!!

Look at your chart, you have 100 pips TP and 50 SL and asking why the f*ck you have

more loser than winners? Common...
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #1,793
  • Apr 26, 2015 5:15pm Apr 26, 2015 5:15pm
Quoting SkyzerFX
{quote} Amazing, dude, you cannot even follow 1+1=2 Instructions... ORIGINAL Strategy has, 50 PIPS TP and 100 pips SL!!! Look at your chart, you have 100 pips TP and 50 SL and asking why the f*ck you have more loser than winners? Common...

Thanks for the kind reply

but you dont understood my charts

look more carefuly

you need special help to read my chart ?
  • #1,794
  • Apr 26, 2015 5:24pm Apr 26, 2015 5:24pm
Quoting dimdel
{quote} Thanks for the kind reply but you dont understood my charts look more carefuly you need special help to read my chart ?
It is YOU, who didn't read Initial Rules... Entry is not at the "Candle open". .we are placing SELL STOP, BUY STOP, also called SELL DISTANCE, BUY DISTANCE

Which means you are placing Buy stop ABOVE, if candle is green and, if trend goes in your direction then Your trade will be triggered,

otherwise it will not.. Current Distance is 20 pips, but this is too tight, for pairs like GBPJPY or GBPCHF and such, 50 pips

distance should do it.. Anyways, this all will not work in long run anyways.. If all this was so easy then everyone would be

millionaires by now.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #1,795
  • Apr 27, 2015 4:05pm Apr 27, 2015 4:05pm
Today results
ACh trade closed manually and rest pending orders too because of late hour.
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Orders for 28th
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  • #1,796
  • Apr 28, 2015 3:33pm Apr 28, 2015 3:33pm
Results for 28th
Open trades closed manualy
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  • #1,797
  • Apr 28, 2015 4:24pm Apr 28, 2015 4:24pm
Quoting iwan73
Results for 28th Open trades closed manualy {image}
,,, Very happy at last appeared a friend who posted the entries and results ... that's it friend congratulations !!!

it's difficult?
  • #1,798
  • Apr 29, 2015 3:22pm Apr 29, 2015 3:22pm
Thats my trades . UJ short trade closed manualy because today candle is up.
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  • #1,799
  • Apr 30, 2015 7:22am Apr 30, 2015 7:22am
So how did trading the monthly candle results end up for the month of April? Anyone?????????)))))
  • #1,800
  • Apr 30, 2015 1:17pm Apr 30, 2015 1:17pm
Few trades was opened just after i put pending orders. Because it was before midnight i have to pay swap points.
Not good day.
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