Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Why does the market fluctuate for seemingly no reason? 15 replies

long-run profits impossible with short-term trading? 39 replies

Seemingly Easy MQL4 Question 2 replies

Real Scalping, Impossible? 15 replies

Attachments: The seemingly impossible: $25-$500
Exit Attachments

The seemingly impossible: $25-$500

Can any one tell me how the system works. Will it trade automatically or we have to trade manually. I attached on the screen and it shows no signals at the bottom. How to make it work?
Quoting forexbrzee
Can any one tell me how the system works. Will it trade automatically or we have to trade manually. I attached on the screen and it shows no signals at the bottom. How to make it work?
Oga, everything is vividly explained in the thread. Just try to read through, u ll find answers to your questions.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • Post #1,243
  • Quote
  • Edited Jan 4, 2016 1:27am Jan 3, 2016 11:29pm | Edited Jan 4, 2016 1:27am
wow. result for first try. 197 pips
best result on ECN account

ignore trade on december. It was my EA test. January using phemmy strategy and you can track the progress here.

https://www.mql5.com/en/signals/155294
Attached Image (click to enlarge)
Click to Enlarge Name: dY1ju.jpg Size: 214 KB
Don't be greedy! Sooner or later it will kill you! "Droneox Dragon"
I have gone through the posts and figured out the entry point. What is the exit strategy? At what pips of profit of stop loss one should exit in this system?
Quoting forexbrzee
I have gone through the posts and figured out the entry point. What is the exit strategy? At what pips of profit of stop loss one should exit in this system?
Pls read again. Answers are there.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
which is better to use? C5 or c14? I also see only once the script executes the trade. If i want to open again when there are open positions it doesn't execute...
hi phemmy
nice to see there is a big progress in your system.
regards
fred
Quoting fredgold3434
hi phemmy nice to see there is a big progress in your system. regards fred
Long time old friend. Hope u re making progress in fx too?

I m still learning, my brother.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
Hi Openmipo,

anyway can you modify the EA that can send out alert or notification when trade condition meets so that we don't have to watch the screen so often in order not to miss the trades?
Follow me to the Promised Land
Quoting Opemipo
{quote} Long time old friend. Hope u re making progress in fx too? I m still learning, my brother. Phemmy
Thanks bro
i have been busy with 2 jobs and had no time at all to work on it.
im trying to do it now even one hour a week.
regards
fred
Howdy Phemmy!

I REALLY like your thread. So much so that after years of checking out FF, this is my first comment on any thread. I have set up the EA and scripts as per your instructions but, it doesn't seem to be working. When I apply the template, I can see the proper screen for a millisecond but, then it quickly disappears into a black screen. Do you OR anyone perhaps that has been following this thread know what I could be doing wrong? This is the first time I have ever tried using an EA and even after "Googling" for a solution, I cannot seem to get it to work properly.

Thanks kindly for your help and may God bless you for all that you are doing to help others... Bo
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 22 KB
Quoting bomax2000
Howdy Phemmy! I REALLY like your thread. So much so that after years of checking out FF, this is my first comment on any thread. I have set up the EA and scripts as per your instructions but, it doesn't seem to be working. When I apply the template, I can see the proper screen for a millisecond but, then it quickly disappears into a black screen. Do you OR anyone perhaps that has been following this thread know what I could be doing wrong? This is the first time I have ever tried using an EA and even after "Googling" for a solution, I cannot seem...
Right click the market watch, select Show all and then re-apply the template.

Thanks!

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
@Opemipo
Thanks Phemmy. I had done that before my message and I just tried it again as well... still the same thing. I have downloaded everything just as you instructed on TWO brokers (DMM FX and OctaFx) and the exact same thing occurs. I am going to try doing everything on YOUR broker (FxOpen) and see if that makes a difference. If that doesn't work, I will try it on another computer.

Thanks for your response Phemmy... Bo
Hey Phemmy! I got it working now! WHEW!!! Apparently, it matters which broker you use... Bo
Quoting bomax2000
Hey Phemmy! I got it working now! WHEW!!! Apparently, it matters which broker you use... Bo
Thank God!

Enjoy the pips!

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
Hi Phemmy,

My first day trading this. Entered a C5 buy during Asian session. Got some pips. Took profit and now reloaded with lower risk size with another buy signal. Although Monthly is strong sell, the rest looks like strong buy signal (let me know what you think). Thanks for the system.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 82 KB
insanity: Doing the same thing over... and expecting different results -AE
Quoting qFish
Hi Phemmy, My first day trading this. Entered a C5 buy during Asian session. Got some pips. Took profit and now reloaded with lower risk size with another buy signal. Although Monthly is strong sell, the rest looks like strong buy signal (let me know what you think). Thanks for the system. {image}
Pls study it very well. There are 1001 ways to use it.

When my live acc crosses 1000%, I ll give my thread follower a special gift.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
Quoting Opemipo
{quote} Pls study it very well. There are 1001 ways to use it. When my live acc crosses 1000%, I ll give my thread follower a special gift. Phemmy
Thanks Phemmy. It's only been the first day but both signals closed in profit. The second one I opened closed during the US session. It actually had a lot more potential, but I didn't want to be greedy as the Asian session already gave me a nice profit.

The higher time frames also changed quickly, which was unexpected. It also seems to match the sate of the corresponding time frame candle.

I did have a question though. When the pairs are in deep sell or buy, do we have to be cautious that it's oversold/overbought or do we take it as a strong signal and trade with the trend. The current state of C5 seems to be heavily short on the Monthly. I guess that's why we trade quickly after the signal is created rather than when the signal is old and we are deep into the trade.
insanity: Doing the same thing over... and expecting different results -AE
Hi Phemmy,

My first trade for the week on a buy signal. Let's see what happens.

Attached Image (click to enlarge)
Click to Enlarge Name: FX_T101_20160124.png Size: 72 KB
insanity: Doing the same thing over... and expecting different results -AE
Quoting qFish
Hi Phemmy, My first trade for the week on a buy signal. Let's see what happens. {image}
Well, I must have had to wait for it to settle. New signal given. All Red, so closed all buys at small loss and re-entry C5 Sell. Looks ideal:
Attached Image (click to enlarge)
Click to Enlarge Name: FX_T101_20160124_2_SellC5.png Size: 68 KB
insanity: Doing the same thing over... and expecting different results -AE
1 member viewing:
ayour2a