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Follow the monthly candle and be profitable

  • #1,981
  • Dec 1, 2015 12:42pm Dec 1, 2015 12:42pm
Quoting shahed58
The result was not good this month The method is simple But its not very useful result = -53 {image}
I see the RR is not good. 1 losers eat all the winners. even 50:50 you end up loose.

how about put small SL. you tried it?
Look for it and you will find it
  • #1,982
  • Dec 1, 2015 12:50pm Dec 1, 2015 12:50pm
Quoting braveh4rt
{quote} I see the RR is not good. 1 losers eat all the winners. even 50:50 you end up loose. how about put small SL. you tried it?
hi braveh
The result is important And the result is negative
be healthy and wealthy... Ceeport
  • #1,983
  • Dec 1, 2015 12:54pm Dec 1, 2015 12:54pm
Quoting shahed58
{quote} hi braveh The result is important And the result is negative
I understand. Hope you are still demo ?

with this method probability is usable. Try for 1 year back test. is it profitable or not. With EA for sure, or if you do it manualy will be salute if you can.

Thats why EA is usable on testing

check this post : http://www.forexfactory.com/showthre...43#post7766543
Look for it and you will find it
  • #1,984
  • Edited 1:23pm Dec 2, 2015 11:00am | Edited 1:23pm
hi Robinho

i need your admonition
Please talk about your strategy...
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be healthy and wealthy... Ceeport
  • #1,985
  • Dec 6, 2015 6:51pm Dec 6, 2015 6:51pm
Quoting shahed58
{quote} hi Invermac I'm still waiting... Please talk about your strategy
Hello shahed58,

Im soooo happy! I use the daily strategy and is soo amazing, I'm doing in live account from one of my clients so I post the result since I use the Robinho daily strategy.

NOTE: in the pics, the first trades like US30 and USDMXN are when I'm no have a good strategy I marked with an arrow... but check the trade of 2015.11.13 00:00:19 in the AUDUSD, from there to today all trades are with the robinho strategy.

Now I'm going to use the EA from Erebus shared in the last post to make a little more profit. The account started with $953 USD, I need only 3 dollars to recover the initial deposit, my client is going to be happy. The next year I hope to make good profits whit this strategy. I'll try to post the results each week.

Greetings and have a nice good profit!
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  • #1,986
  • Dec 7, 2015 1:31am Dec 7, 2015 1:31am
Quoting Invermac
{quote} Hello shahed58, Im soooo happy! I use the daily strategy and is soo amazing, I'm doing in live account from one of my clients so I post the result since I use the Robinho daily strategy. NOTE: in the pics, the first trades like US30 and USDMXN are when I'm no have a good strategy I marked with an arrow... but check the trade of 2015.11.13 00:00:19 in the AUDUSD, from there to today all trades are with the robinho strategy. Now I'm going to use the EA from Erebus shared in the last post to make a little more profit. The account started...
nice
  • #1,987
  • Edited 2:17pm Dec 7, 2015 11:09am | Edited 2:17pm
Quoting Invermac
{quote} Hello shahed58, Im soooo happy! I use the daily strategy and is soo amazing, I'm doing in live account from one of my clients so I post the result since I use the Robinho daily strategy. NOTE: in the pics, the first trades like US30 and USDMXN are when I'm no have a good strategy I marked with an arrow... but check the trade of 2015.11.13 00:00:19 in the AUDUSD, from there to today all trades are with the robinho strategy. Now I'm going to use the EA from Erebus shared in the last post to make a little more profit. The account started...
hi Invermac

Robinho's Daily strategy is based on color change candle.
Just change the color of the candle account to zero.

in my opinion : There are hidden rules

In your opinion, what is the secret rules of Daily Strategy?
I am eager to pay for understand the secrets.

cheers
be healthy and wealthy... Ceeport
  • #1,988
  • Dec 7, 2015 6:43pm Dec 7, 2015 6:43pm
Quoting shahed58
{quote} hi Invermac Robinho's Daily strategy is based on color change candle. Just change the color of the candle account to zero. in my opinion : There are hidden rules In your opinion, what is the secret rules of Daily Strategy? I am eager to pay for understand the secrets. cheers
Hello shahed58,

You don't need to pay anything for this because Robinho shared to us for free. And about the secret, I think there is no secret but I'm doing this strategy a little diference than the original rules. The original rules say: take the trade when the MN candle, the W1 candle and the D1 have the same color.

Well I'm not follow this. My rules is: follow the current Monthly and weekly candle, when the daily changes I saw how close and if this candle close with the same color of the current montlhy and weekly I take the trade. Any questions please tell me.

Greetings
  • #1,989
  • Dec 8, 2015 12:01am Dec 8, 2015 12:01am
Hello traders,

the results of today in the Daily strategy in a live account, now positive money.
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  • #1,990
  • Dec 8, 2015 12:04am Dec 8, 2015 12:04am
Quoting Invermac
Hello traders, the results of today in the Daily strategy in a live account, now positive money. {image}
Hi.

Can you share your method and what is the different your method with the origin?

Thanks.
  • #1,991
  • Dec 8, 2015 12:04am Dec 8, 2015 12:04am
Quoting Invermac
{quote} Hello shahed58, You don't need to pay anything for this because Robinho shared to us for free. And about the secret, I think there is no secret but I'm doing this strategy a little diference than the original rules. The original rules say: take the trade when the MN candle, the W1 candle and the D1 have the same color. Well I'm not follow this. My rules is: follow the current Monthly and weekly candle, when the daily changes I saw how close and if this candle close with the same color of the current montlhy and weekly I take the trade. Any...
hi Invermac
Thank you for your honest answer
What is best TP & SL for this strategy?
be healthy and wealthy... Ceeport
  • #1,992
  • Edited 12:42am Dec 8, 2015 12:17am | Edited 12:42am
Quoting shahed58
{quote} hi Invermac Thank you for your honest answer What is best TP & SL for this strategy?
Hi shahed58,

Well I have nothing to hide, the market have many money for us so we can make good profits with good systems. Actually I use +10 pips of TP and -100 pips of SL and I'm testing the Trailing EA in demo first before use in real account.

Many of the traders here say there is no good R:R and I think the same but I have 3 years in forex, the last year I broke my personal account using a good R:R like TP 50 SL 30 all of the systems in the internet have that kind of R:R and, in my case, I never find a good system until today with a bad R:R but I said "let's try I have nothing to lose" and look now, making good profits.

Everyone are free to use whatever, I spent a year looking for a good system with indicators, and magic EA's and other things and when I was tired and sad, the daily strategy comes and for me, it is the best strategy I've found after trying thousands strategy's.

Have a great profits!
  • #1,993
  • Dec 8, 2015 1:02am Dec 8, 2015 1:02am
Quoting PiNgGu
{quote} Hi. Can you share your method and what is the different your method with the origin? Thanks.

Hello PiNgGu,

My method is similar to the original rules, but my rules are diferent. The original method say:

Last Monthly candle = last weekly candle = last daily candle. All need to have same color and you only take the daily candle with the same color of MN and W1

My rules say:

Current Monthly candle= current weekly candle = last daily candle. Before the daily candle will close, I check the current monthly and weekly candle and if it are, for example, red I'll wait the daily close red too. When the day close, I check again CURRENT monthly and weekly have same color and last day have same color, DON'T use the current day, only the last day. If all have the same color, I take the trade in the direction of the 3 candle color.

I will post a pic with the example for understand better.

Greetings
  • #1,994
  • Dec 8, 2015 1:20am Dec 8, 2015 1:20am
Here some example from today EURAUD winner trade.

NOTE: the Yellow letters is if you have a current month or week or last day candle with a little body like doji do not take the trade, personally I never take when I have a candle like that better wait the next day or week until the candle have a good fat body.

And I NEVER TRADE THE SUNDAYS!!! this is important because I lost some trades in the opening of sunday or monday in other countries. The Fridays I NEVER leave a trade open. I close all trades before the market close because the weekends opens with many gaps.

Any questions please tell me I'm glady to answer your doubts.

Have a nice pips!
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  • #1,995
  • Dec 8, 2015 1:44am Dec 8, 2015 1:44am
Hi.

Can you post the 3 charts that meet your required set up and TP?
I think that will be much more clearer.

Thanks.
  • #1,996
  • Dec 8, 2015 4:21am Dec 8, 2015 4:21am
Quoting Invermac
Hello traders, the results of today in the Daily strategy in a live account, now positive money. {image}
hi invermac
You have open positions at 00:02:00 , 00:02:28 , 00:02:28 , ....
Should open positions at the start of the new daily candle?

Healthy and wealthy
be healthy and wealthy... Ceeport
  • #1,997
  • Dec 8, 2015 11:34am Dec 8, 2015 11:34am
Quoting PiNgGu
Hi. Can you post the 3 charts that meet your required set up and TP? I think that will be much more clearer. Thanks.
Hello PiNgGu

I alredy share some pics with the conditions in post 1,994, hope you understand what I'm talking about, if not, please tell me and I explain better.

Greetings
  • #1,998
  • Dec 8, 2015 2:37pm Dec 8, 2015 2:37pm
Quoting shahed58
{quote} hi invermac You have open positions at 00:02:00 , 00:02:28 , 00:02:28 , .... Should open positions at the start of the new daily candle? Healthy and wealthy
Hello shahed58

Yes, you should open positions when the NEW daily candle appears, it doesn't matter if you take 5 or 10 minutes later but I recommend to take immediately. One time, I opened positions 30 minutes later and I won all the positions.
Some times the positions can regress but don't panic it is normal, and if you hit a SL don't be sad, I lost about 2 trades per week when I make 80 trades take the system with totally discipline.
  • #1,999
  • Dec 9, 2015 1:22am Dec 9, 2015 1:22am
Quoting Invermac
{quote} Hello shahed58 Yes, you should open positions when the NEW daily candle appears, it doesn't matter if you take 5 or 10 minutes later but I recommend to take immediately. One time, I opened positions 30 minutes later and I won all the positions. Some times the positions can regress but don't panic it is normal, and if you hit a SL don't be sad, I lost about 2 trades per week when I make 80 trades take the system with totally discipline.
Thank you for your good comments
I start your strategy from tonight on a real account
be healthy and wealthy... Ceeport
  • #2,000
  • Edited 4:00pm Dec 9, 2015 2:26pm | Edited 4:00pm
hi Invermac

The only downside is enough?

for example: tonight ( AUDNZD MN is Red && W1 is Red && D1 is Red )

1) Is AUDNZD chosen for tonight?( According to the high shadows )

2) For currency pairs with High Spread (for example AUDNZD that Spread is 12) Do you Change TP=10 to TP+Spread?
Or due to high Spread Not chosen AUDNZD?


thanks
Attached Image (click to enlarge)
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be healthy and wealthy... Ceeport
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