Simple "Make Pips" Strategy | Page 10 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies

Finding my strategy; make some pips! 47 replies

Can anyone help me to make Simple Strategy!!! 13 replies

Simple MACD System - Make 100 Pips a Week! 15 replies

Attachments: Simple "Make Pips" Strategy
Exit Attachments

Simple "Make Pips" Strategy

  • #181
  • Feb 18, 2015 9:13am Feb 18, 2015 9:13am
closed these longs -5pips in favor of short setups.
Hero Traders Live to see their Accounts Die!
  • #182
  • Feb 19, 2015 6:40am Feb 19, 2015 6:40am
EURJPY H4 Long setup
Attached Image (click to enlarge)
Click to Enlarge Name: EURYENLONG.png Size: 17 KB
Hero Traders Live to see their Accounts Die!
  • #183
  • Feb 22, 2015 8:03pm Feb 22, 2015 8:03pm
Hi Somoneg,

I believe some false signals can be avoided if used with TDI, it above setup EJ long failed but the same time short taken could have been successful, if we go with TDI, we should not have taken long here.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 18 KB
  • #184
  • Feb 23, 2015 6:04am Feb 23, 2015 6:04am
Quoting pundit78
Hi Somoneg, I believe some false signals can be avoided if used with TDI, it above setup EJ long failed but the same time short taken could have been successful, if we go with TDI, we should not have taken long here. {image}
Hi pundit78, well the EJ long wasnt a failed trade. It actually did a over 50pips before reversing on an opposite/short setup. But gave enough time to take the 50pips or protect the trade. At present I trade without indicators for easier decision making. For instance the long setup that later paid off was an easy pick without the need for added verification. see chart below.

If however you feel more comfortable using the TDI for confirmation and it works for you then do well will it.
Attached Image (click to enlarge)
Click to Enlarge Name: ejlongfeb20.png Size: 19 KB
Hero Traders Live to see their Accounts Die!
  • #185
  • Feb 23, 2015 10:40am Feb 23, 2015 10:40am
Quoting simoneg
{quote} Hi pundit78, well the EJ long wasnt a failed trade. It actually did a over 50pips before reversing on an opposite/short setup. But gave enough time to take the 50pips or protect the trade. At present I trade without indicators for easier decision making. For instance the long setup that later paid off was an easy pick without the need for added verification. see chart below. If however you feel more comfortable using the TDI for confirmation and it works for you then do well will it. {image}
Need to take care of supply demand zone as well.
  • #186
  • Feb 23, 2015 10:46am Feb 23, 2015 10:46am
Short GBPJPY H4...
Attached Image (click to enlarge)
Click to Enlarge Name: GJFEB23.png Size: 17 KB
Hero Traders Live to see their Accounts Die!
  • #187
  • Feb 23, 2015 10:48am Feb 23, 2015 10:48am
Quoting pundit78
{quote} Need to take care of supply demand zone as well.
Trade as you feel most comfortable pundit78. Most important is to keep it green.
Hero Traders Live to see their Accounts Die!
  • #188
  • Feb 23, 2015 10:50am Feb 23, 2015 10:50am
Quoting simoneg
Short GBPJPY H4... {image}
Why short?
  • #189
  • Feb 23, 2015 10:56am Feb 23, 2015 10:56am
Quoting pundit78
{quote} Why short?
If you are following the rules of this system it is clear, if some other system then you will have a problem. Please spend some time going through the thread and trades taken.
Hero Traders Live to see their Accounts Die!
  • #190
  • Feb 23, 2015 11:00am Feb 23, 2015 11:00am
Quoting simoneg
{quote} If you are following the rules of this system it is clear, if some other system then you will have a problem. Please spend some time going through the thread and trades taken.
Aren't these the rules, I have already read first 2 pages and 6 - 10.



SCALPING GRAB & GO RISK:REWARD for the 1 hour is 2:1 OR 1:1 OR 1:1.5.

SHORT when there are TWO CONSECUTIVE BEARISH BARS and the SECOND closes WITH a LOWER CLOSE PRICE
LONG when there are TWO CONSECUTIVE BULLISH BARS and the SECOND closes WITH a HIGHER CLOSE PRICE
  • #191
  • Feb 23, 2015 11:02am Feb 23, 2015 11:02am
Quoting pundit78
{quote} Aren't these the rules, I have already read first 2 pages and 6 - 10. SCALPING GRAB & GO RISK:REWARD for the 1 hour is 2:1 OR 1:1 OR 1:1.5. SHORT when there are TWO CONSECUTIVE BEARISH BARS and the SECOND closes WITH a LOWER CLOSE PRICE LONG when there are TWO CONSECUTIVE BULLISH BARS and the SECOND closes WITH a HIGHER CLOSE PRICE
For Basic entries, and for swing trades what do we do pundit78?
Hero Traders Live to see their Accounts Die!
  • #192
  • Feb 23, 2015 11:10am Feb 23, 2015 11:10am
Quoting simoneg
{quote} For Basic entries, and for swing trades what do we do pundit78?
Let me read all the 10 pages and find out, I will be back.
  • #193
  • Feb 23, 2015 11:13am Feb 23, 2015 11:13am
Quoting pundit78
{quote} Let me read all the 10 pages and find out, I will be back.
Hahaha sounds like you are on a mission pundit. No prob. We are here permanently.
Hero Traders Live to see their Accounts Die!
  • #194
  • Feb 23, 2015 6:33pm Feb 23, 2015 6:33pm
Quoting simoneg
{quote} Hahaha sounds like you are on a mission pundit. No prob. We are here permanently.
Simoneg I do not want to bother you with questions like newbie thats why I will read all the pages and get back to you..

TC.
  • #195
  • Feb 24, 2015 7:50am Feb 24, 2015 7:50am
Quoting pundit78
{quote} Simoneg I do not want to bother you with questions like newbie thats why I will read all the pages and get back to you.. TC.
Hi pundit78, no bother at all.
Hero Traders Live to see their Accounts Die!
  • #196
  • Jun 1, 2015 3:35pm Jun 1, 2015 3:35pm
Do you have an EA with this strategy?
"Success is not a fantasy, is a formula." - MTI Institute
  • #197
  • Jun 1, 2015 9:02pm Jun 1, 2015 9:02pm
Quoting Laurentziu2
Do you have an EA with this strategy?
Hi Laurentziu2,

No i dont at the moment.
Hero Traders Live to see their Accounts Die!
  • #198
  • Jun 2, 2015 5:36am Jun 2, 2015 5:36am
Quoting simoneg
{quote} Hi Laurentziu2, No i dont at the moment.
hello everyone, hi simoneg (are you italian trader?????)

this sistem needs Ea. there is a programmer that create this Ea?????

let me klow please.......

today I applied this system successfully.... excellent....

4 su 4 win (just luck????)

regard
  • #199
  • Jun 2, 2015 6:47am Jun 2, 2015 6:47am
Quoting Eod
{quote} hello everyone, hi simoneg (are you italian trader?????) this sistem needs Ea. there is a programmer that create this Ea????? let me klow please....... today I applied this system successfully.... excellent.... 4 su 4 win (just luck????) regard

Hi Eod,

No EA developed just yet. No I am not an Italian trader, I'm Jamaican. Glad to hear you understood and applied successful. Not luck, though we won't always win. It is trend continuation system, so it keeps you in the trend for the most part. Are you an EA coder?
Hero Traders Live to see their Accounts Die!
  • #200
  • Edited 7:24am Jun 2, 2015 7:11am | Edited 7:24am
Quoting simoneg
{quote} Hi Eod, No EA developed just yet. No I am not an Italian trader, I'm Jamaican. Glad to hear you understood and applied successful. Not luck, though we won't always win. It is trend continuation system, so it keeps you in the trend for the most part. Are you an EA coder?
no, sorry, i'm not coder............. but i'm looking for it.....
1 trader viewing now