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00 Level Trading: EsikeM30Bomb

  • #621
  • Aug 2, 2015 5:07am Aug 2, 2015 5:07am
Quoting cjtylor
{quote} Thanks Yomi for these great work! The rules are quite clear - do you think it's possible to write an EA of this system? Not if there is any - if not , I am interested in developing one..

I don't I always like to discuss EA, because I hate putting my trading process into automaton, I love trading, that's why I'm a full-time trader, that means I should just open my terminal and go to sleep. If you so desire for it, best of luck. The path to becoming A Master Trader are:

1. Psychology - 85%.

2. Risk Management - 10%.

3. Strategy - 5%.


Yomi.
Time always comes before price
  • #622
  • Aug 2, 2015 9:22am Aug 2, 2015 9:22am
Quoting fxrabbi
{quote} I don't I always like to discuss EA, because I hate putting my trading process into automaton, I love trading, that's why I'm a full-time trader, that means I should just open my terminal and go to sleep. If you so desire for it, best of luck. The path to becoming A Master Trader are: 1. Psychology - 85%. 2. Risk Management - 10%. 3. Strategy - 5%. Yomi.
a EA have no Psychology so it should win, still it seems not so easy. I like use EAs to backtest theoretical issues and it gave me already a lot of insight how market behave. So that's why I asked for EA.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #623
  • Aug 2, 2015 9:56am Aug 2, 2015 9:56am
Quoting Bernhard
{quote} a EA have no Psychology so it should win, still it seems not so easy. I like use EAs to backtest theoretical issues and it gave me already a lot of insight how market behave. So that's why I asked for EA.

This Trading System has a lot to do with discretionary, You need to pick your trades wisely, and this has to do with your psychology - the fundamental of all human psychology: "perception dictates Behaviour" - your perception will dictate your behaviours thus, your philosophy will dictate your performances and results. All these can not be taken care by ordinary robots. I understand your needs, you will notice that I did not respond to your posts because I did not have answer to them. I'm only responding to cjtylor because I believe robot is for the lazy traders.

Yomi
Time always comes before price
  • #624
  • Aug 2, 2015 10:49am Aug 2, 2015 10:49am
How the 5% Traders are winning the game:

1. selecting trades properly.

2. Entering trades properly.

3. Monitoring the trade.

4. Exiting the trade.


The 4 Most basic pillar of trading:

1. Trade Entry Strategy.

2. Discipline.

3. Money Management.

4. Trade Exit strategy.



Yomi.
Time always comes before price
  • #625
  • Aug 2, 2015 3:27pm Aug 2, 2015 3:27pm
Quoting fxrabbi
How the 5% Traders are winning the game: 1. selecting trades properly. 2. Entering trades properly. 3. Monitoring the trade. 4. Exiting the trade. The 4 Most basic pillar of trading: 1. Trade Entry Strategy. 2. Discipline. 3. Money Management. 4. Trade Exit strategy. Yomi.
Simple, but not easy...
  • #626
  • Aug 3, 2015 3:25am Aug 3, 2015 3:25am
EURUSD to S TP +6pips.

Trade Ideas:

1. M30 level 1 setup.
2. Strength.
3. Momentum.
4. Volume.
5. Stochs.


Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 51 KB
Time always comes before price
  • #627
  • Aug 3, 2015 5:05am Aug 3, 2015 5:05am
Two trades today so far.
GU L SL 20 pips at LO
GU S TP 15 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_4.png Size: 69 KB
  • #628
  • Aug 3, 2015 5:15am Aug 3, 2015 5:15am
Quoting iwan73
Two trades today so far. GU L SL 20 pips at LO GU S TP 15 pips {image}
weldone for the courage in taking the next/second setup/trade. my only concern and advise for the first trade, is that you should only takes Level 1 setups, they are safer.


Yomi.
Time always comes before price
  • #629
  • Aug 3, 2015 5:34am Aug 3, 2015 5:34am
+4 yomi EA new setting,
+10,+10,+10 same entry EA old setting
-20 SL (can commend on my SL trade)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 43 KB
Click to Enlarge Name: EURUSDM30.png Size: 40 KB
Trade With PDF & Wisdom
  • #630
  • Aug 3, 2015 5:43am Aug 3, 2015 5:43am
Yomi.

can i ask u this?
the stoch look good for entry, advisable to entry or not if base on the pic?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30stoch.png Size: 42 KB
Trade With PDF & Wisdom
  • #631
  • Aug 3, 2015 5:46am Aug 3, 2015 5:46am
Quoting iwan73
Two trades today so far. GU L SL 20 pips at LO GU S TP 15 pips {image}
Hi.

We taking the same trade and SL.
Base on ur chart, why ur ASH and PTO 1440 were different with me.
My entry was 1st level.

Thanks.
Trade With PDF & Wisdom
  • #632
  • Aug 3, 2015 7:39am Aug 3, 2015 7:39am
First trade with this Yomi system

EURUSD +11 pips

thanks Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: 01.png Size: 42 KB
  • #633
  • Aug 3, 2015 8:14am Aug 3, 2015 8:14am
Quoting Biggboss
First trade with this Yomi system EURUSD +11 pips thanks Yomi {image}

Weldone

Arise and repeat.


Yomi.
Time always comes before price
  • #634
  • Aug 3, 2015 8:20am Aug 3, 2015 8:20am
Quoting MosesNMY
Yomi. can i ask u this? the stoch look good for entry, advisable to entry or not if base on the pic? {image}

This is ok, as far as you have your M30 level 1 line up with this. The only one you should run from, is fishnet.


Yomi.
Time always comes before price
  • #635
  • Aug 3, 2015 10:22am Aug 3, 2015 10:22am
GBPJPY +4 pips

left 6 pips on the table.... see you all tomorrow
Attached Image (click to enlarge)
Click to Enlarge Name: 02.png Size: 28 KB
  • #636
  • Aug 3, 2015 10:26am Aug 3, 2015 10:26am
Quoting Biggboss
GBPJPY +4 pips left 6 pips on the table.... see you all tomorrow {image}


Time always comes before price
  • #637
  • Aug 3, 2015 11:46am Aug 3, 2015 11:46am
Last trade for the day.

EURJPY to S TP +13pips.


Trade Ideas:

1. M30 level 1.
2. Sync in pair.
3. Strength.
4. Momentum.
5. Stochs.


Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM30.png Size: 53 KB
Time always comes before price
  • #638
  • Aug 3, 2015 12:03pm Aug 3, 2015 12:03pm
I have been testing the system and I have found that it is a wonderful tool to force DISCIPLINE into one's trading.

I have been playing with the EA setting and I am now comfortable with them. Yes they get you out of some profitable trades a bit early, but it also lets some trades run a bit longer for increased profits.

Here was an example of my most recent trade in the GBP/JPY. It was entered with a limit order just above the candle close.



Attached Image (click to enlarge)
Click to Enlarge Name: GJ.jpg Size: 40 KB
  • #639
  • Aug 3, 2015 12:10pm Aug 3, 2015 12:10pm
Quoting SmoothTrader
I have been testing the system and I have found that it is a wonderful tool to force DISCIPLINE into one's trading. I have been playing with the EA setting and I am now comfortable with them. Yes they get you out of some profitable trades a bit early, but it also lets some trades run a bit longer for increased profits. Here was an example of my most recent trade in the GBP/JPY. It was entered with a limit order just above the candle close. {image}
If possible can you reveal your current EA settings do they differ from the last settings that Yomi posted?
  • #640
  • Aug 3, 2015 12:35pm Aug 3, 2015 12:35pm
Quoting Kooza
{quote} If possible can you reveal your current EA settings do they differ from the last settings that Yomi posted?
Here are the current settings for the SleepTight EA that I am using:

Attached Image


GREEN pips to one and all.
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