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  • #41
  • Mar 5, 2016 7:05am Mar 5, 2016 7:05am
Hey Varun. I am a new forex trader, learning with a demo account for last 4 months. I will use your trading system soon but need some help. Do you have skype etc.
  • #42
  • Mar 5, 2016 7:10am Mar 5, 2016 7:10am
Hi Varun

Subscribed in your new thread Next week going to give it a try.

Got a question - Do you think its a valid entry?
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  • #43
  • Mar 5, 2016 7:26am Mar 5, 2016 7:26am
Quoting hovedguy
Hi Varun Subscribed in your new thread Next week going to give it a try. Got a question - Do you think its a valid entry? {image} {image}
I think it's a valid entry.
Just another words, as everything, there is not any 100%, and this is a loss trade if you entered
  • #44
  • Mar 5, 2016 7:30am Mar 5, 2016 7:30am
Subscribed
The Earlier You Start, The More Time You Have To Mess Up.
  • #45
  • Mar 5, 2016 7:32am Mar 5, 2016 7:32am
Quoting Ducdaovn
{quote} I think it's a valid entry. Just another words, as everything, there is not any 100%, and this is a loss trade if you entered
  • #46
  • Mar 5, 2016 7:38am Mar 5, 2016 7:38am
Quoting hovedguy
Hi Varun Subscribed in your new thread Next week going to give it a try. Got a question - Do you think its a valid entry? {image} {image}
Hey Hovedguy,

Many thanks for giving it a try

with Reference to your query, I would not take this trade because stoch never crossed the 30 level with the broker I use for my analysis, and maybe that's one reason I recommend FOREX.COM for analysis. I use Alpari as my Live account but never do any analysis on the mt4 provided by them, and also if you notice the Daily chart is in short of ranging zone, so I would have given a thought before entering

V
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Precise Execution!
  • #47
  • Mar 5, 2016 7:50am Mar 5, 2016 7:50am
Quoting theboringguy
Hi V Thanks for the sharing, subscribed I am also unclear of the exact entry and exit point, and also can you share with us the reason for the MM to be increasing this way for each week? {image} Uploaded a screenshot as a practice. According to H4 chart, it has reach LL and LH with the zigzag stopping at one bar before. This might be a little weak and preffered to see a few bar mores to confirm LH. Assuming that it is LH, and the stochastic is currently above 70, then i'll proceed to H1 chart. Currently the price is above all MA, I should only...
keeping everything else apart, Indeed its a wonderful setup but see in H1 chart, it never gave you an entry, that's why I like this strategy so much No false entry (very rarely)
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Precise Execution!
  • #48
  • Mar 5, 2016 7:51am Mar 5, 2016 7:51am
Quoting Met33
hello varun. thank you for sharing great system . . .i have question. . .what pair should i trade?
Hey M,

almost anything you can consider which you can get on MT4.

V
Precise Execution!
  • #49
  • Mar 5, 2016 7:53am Mar 5, 2016 7:53am
Quoting mickael58
varun thanks and excuse my English, I'm Italian and I do the translation with google translate, sometimes I do not understand what you say, next week I will be careful in everything you do
No Problem Mickal, I can use google translator to clear any doubt if you have


V
Precise Execution!
  • #50
  • Mar 5, 2016 7:58am Mar 5, 2016 7:58am
Quoting dragonexpert
Hello varun76, thanks for insteresting strategy. Do you already forward trade it? Please kindly share the trade explorer
I have provided a TE on my profile, I'll make sure from now to take only those trades which are taken on my personal account.

V
Precise Execution!
  • #51
  • Mar 5, 2016 8:02am Mar 5, 2016 8:02am
Quoting FerruFx
I predict we will have a awesome thread here ... Wish you all the best Varun!
Many thanks FerruFx,

You're presence will keep the thread out of any technical issues.

I will always look forward to here from you

V
Precise Execution!
  • #52
  • Mar 5, 2016 8:04am Mar 5, 2016 8:04am
Quoting varun76
{quote} Hey Hovedguy, Many thanks for giving it a try with Reference to your query, I would not take this trade because stoch never crossed the 30 level with the broker I use for my analysis, and maybe that's one reason I recommend FOREX.COM for analysis. I use Alpari as my Live account but never do any analysis on the mt4 provided by them, and also if you notice the Daily chart is in short of ranging zone, so I would have given a thought before entering V {image} {image}
Thanks very much for your response. I will keep in mind about the broker data mismatch. Do you want to see a clear leg / trend in daily or weekly tf in the direction of entry for additional filtering?
  • #53
  • Mar 5, 2016 8:09am Mar 5, 2016 8:09am
Quoting hovedguy
Hi Varun Subscribed in your new thread Next week going to give it a try. Got a question - Do you think its a valid entry? {image} {image}
Hoved, There was a Trendline, PA Rejected third time there if you see in below image. 3rd Touch. So not a valid entry.

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The Earlier You Start, The More Time You Have To Mess Up.
  • #54
  • Mar 5, 2016 8:09am Mar 5, 2016 8:09am
Quoting founaud
Hi Varun76, Thank you for your great system. I like it specially because you can use it in different pairs, and it seems to perform well in all of them! I have read the whole thread, and I still have some doubts regarding the TP that we should use. In the first thread you talked about three options for seting the TP level. Here comes a summary of some of my questions: - Use weekly levels -> I assume you mean using R/S levels of the weekly TF. Why weekly and not Daily or H4 levels? - Use Pivot Prof indicator -> I am still learning, and would like...
Its very simple, but If I explain it now it will get over your head. A live example would be better, let the week start, everything will be clear

V
Precise Execution!
  • #55
  • Mar 5, 2016 8:10am Mar 5, 2016 8:10am
Also, if you please clarify another noob query....

when price reached to yellow rectangle area, zigzag indi will reform and make a new LH. Is it advised to ignore the previous short term swings high and low (though ZZ didn't draw them but to its quiet clear swing isnt?

I wish somebody did take that trade
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  • #56
  • Mar 5, 2016 8:12am Mar 5, 2016 8:12am
Quoting Anonymous32
{quote} Hoved, There was a Trendline, PA Rejected third time there if you see in below image. 3rd Touch. So not a valid entry. {image}
Spot on Anonymous.... Thanks
  • #57
  • Mar 5, 2016 8:24am Mar 5, 2016 8:24am
Quoting hovedguy
Also, if you please clarify another noob query.... when price reached to yellow rectangle area, zigzag indi will reform and make a new LH. Is it advised to ignore the previous short term swings high and low (though ZZ didn't draw them but to its quiet clear swing isnt? I wish somebody did take that trade {image}
Hoved, Yes you can take that entry if all criteria was met in H1 TF.
The Earlier You Start, The More Time You Have To Mess Up.
  • #58
  • Mar 5, 2016 8:28am Mar 5, 2016 8:28am
Quoting Rizarma
hi varun, i see you are moving here, subscribed again i am interested to know how other traders think (especially the profitable one).. btw have a nice weekend
thans R, you too have a great weekend. will be waiting for you on monday


Take care
V
Precise Execution!
  • #59
  • Mar 5, 2016 8:34am Mar 5, 2016 8:34am
Quoting mario777
{quote} As long as no one is coming here and post their own improvised version and EAs.
Quoting morican
{quote} Well said! Lets just stick the rules and support varun76 for his generous effort. Good work varun! Regards
Thanks Mario and Morican, I appreciate it


V
Precise Execution!
  • #60
  • Mar 5, 2016 8:38am Mar 5, 2016 8:38am
Quoting hovedguy
Also, if you please clarify another noob query.... when price reached to yellow rectangle area, zigzag indi will reform and make a new LH. Is it advised to ignore the previous short term swings high and low (though ZZ didn't draw them but to its quiet clear swing isnt? I wish somebody did take that trade {image}
My friend,
As I said before, there is not anything exactly 100%.
Some valid signal could lead you to loss.
But some similar to valid signal can give you a really good trade.
Finally, we have a proverb: "Success always need a little luck". It based on you .

BTW, with your example, with USDCAD
With me, on H4, this is not a valid signal.
But you can switch to H1. I am sure after that point, you can found a SELL signal (Ofcouse it's must a valid signal)
And on another hand, you already have a confirm from higher tf H4: Price already failed to made a higher high at yellow rectangle area.
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