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James16+Rayanmcd(Jan kone) and ME 7 replies

Attachments: Jankone M5 thread
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Jankone M5 thread

Thank you, doing great. I'm still around


Quoting Petar_Serbia
{quote} \ Jankoneeee ? Where are you my friend, long time no see you. How you doing ? Best Regards, Petar
Hi Jankone! Great to see you haven't disappeared...but I'm a bit sad to see this epic thread slowing drying out so much in the last months. Yet, there could be so many things still to say about this wonderful strategy. I have used it for several months now on a demo account, and always ended up every month with a +20% profit!! (average 5-8 trades a week)
Well, my way of trading is a bit different from Jankone's. First of all, I don't use M5 charts, but M15, and a couple of other "adjustments" in order to improve more the already great performance of the method.
I'd like to post here my very last successful trade, taken right today on a 15M chart. It worked beautifully on M30 and H1 as well.
I do hope this thread can be revived so we can continue to exchange our experiences and learn still more from one another.

Alex
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SIMPLE is best! Let's make our trading and our life SIMPLER!
Hi Alex,
Good to see your post. I too have been trading this system on demo for six months or so but on the 15m and 30m time frame. Being in Australia I only have limited market openings to trade as UK and USA markets are too late at night and early am here. Even so I have managed 3 to 4 trades a week, mainly AUD/USD and AUS 200. 2 out of 3 trades are positive for me and average 15% per month so far.
This system has proven the most rewarding. I have tried lots of others, Elliot wave, Fibonacci, Bollinger band, ema cross and none of them are worth a zac compared to Jankone's method.
I have given up all indicators except ema 50 which I just use as a quick verification of historical trend. I do use price action by changing time frames to 1 and 4 hours, sometimes daily, and looking left to find support and resistance levels and mark them on the chart. This is why I moved to longer time frames of 15 and 30 min as I, being and oldie, didn't have buckleys of doing all this on 5 min TF.
I only trade with the trend and disregard divergence as it was wiping me out on my 2:1 RR stop loss.

You mentioned a couple of other "adjustments" in your post, care to expand on these?
Cheers
Ken
Quoting sedge
Hi Jankone! Great to see you haven't disappeared...but I'm a bit sad to see this epic thread slowing drying out so much in the last months. Yet, there could be so many things still to say about this wonderful strategy. I have used it for several months now on a demo account, and always ended up every month with a +20% profit!! (average 5-8 trades a week) Well, my way of trading is a bit different from Jankone's. First of all, I don't use M5 charts, but M15, and a couple of other "adjustments" in order to improve more the already great...
Hey Ken, thanks for your input. Your trading history looks a lot like mine. I have tried too more than a few trading "methods" and strategies, but nothing really worked in the long run. I learned not to care about the top trading "experts" around the web, and just watch my chart and take my own decision. A good, solid MM and Jankone/James16 threads have helped me a lot. Indeed less is more in Forex charts.
I take too, only A+ trades, mainly in the M15 time frame, as I'm not as quick anymore as I was in my 30's, and I noticed there are less whipsaws or tricky signals in higher time charts. Almost all of my trades are with the trend, unless I spot an excellent pin bar with good divergence, in that case I may choose to take the trade, settling for fewer pips.

About the personal adjustments I mentioned, I just meant to say that before starting a trade on the M15, I take a quick look at M30 and H1 time frames as well. If I don't notice anything that may invalidate or lessen the value of the trade I want to take, then I go for it. It's more of a precaution, actually. Then, I'm currently testing a Metatrader EA which could help in getting a more profitable TP than a fixed number of pips. Quite a few times a good setup yields a big profit, such as 70 pips or even more, so I believe we should also focus on getting as much as we can once we find the right opportunity.
SIMPLE is best! Let's make our trading and our life SIMPLER!
Quoting sedge
Hey Ken, thanks for your input. Your trading history looks a lot like mine. I have tried too more than a few trading "methods" and strategies, but nothing really worked in the long run. I learned not to care about the top trading "experts" around the web, and just watch my chart and take my own decision. A good, solid MM and Jankone/James16 threads have helped me a lot. Indeed less is more in Forex charts. I take too, only A+ trades, mainly in the M15 time frame, as I'm not as quick anymore as I was in my 30's, and I noticed there are less whipsaws...
Don't forget - RYANMCD was the inspiration for Jankone, and Ryans stuff is freely available here -just click on his "Images" link.

http://www.forexfactory.com/ryanmcd
every Saint has a past. Every Sinner has a Future
Hi, guys, couple trades and possible trades for today/yesterday.
1. EUR/USD m5
2. AUD/USD m5
3. EUR/USD m5
4. EUR/USD m5
5. AUD/USD m15
6. EUR/USD m5
And few trades i didn`t take, because i don`t like some kind of shapes of pin`s and position.
upd - one more
6. EUR/USD m15
6 winners, 1 looser.
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what is everyone's average Take Profit on the 5 min TF. I only trade with the trend. burned too many times with CT trading.....
Im going to bump this thread from the depths because it is a good read
Thanks a lot

Quoting Trendzalore
Im going to bump this thread from the depths because it is a good read
Quoting Jankone
Thanks a lot {quote}
And you īre out of the commercial section .. ...
Risiko birgt immer auch die Chance.
Yeah i did cancel it. I don't care. And some people here seemed offended, that i gave some info for free (actually more than i should) and i wanted something back, but it doesn't work this way. Seems that many people here want everything for nothing. So i don't care. They have it

Quoting Sesamstrasse
{quote} And you re out of the commercial section .. ...
EUR/USD M15 1:3 25 pips
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Just like to clarify what I meant by rubbish PA, with this strategy there wasn't an entry on the big move up then it just has a tight consolidation..

EU was easier to trade today I just wanted to show that if there aren't trades, be patient there will be.

Something that I read last week as I was reading RyanMCD's posts for the 1000th time was "if you can't enter a trade after you just had a losing trade on the same signal, you cant trade for $$$. You're kidding yourself if you think you can". This has really hit home with me and made a big difference.

All the best,
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Quoting Jankone
Yeah i did cancel it. I don't care. And some people here seemed offended, that i gave some info for free (actually more than i should) and i wanted something back, but it doesn't work this way. Seems that many people here want everything for nothing. So i don't care. They have it {quote}
Free stuff from the man who inspired Jankone:

http://www.forexfactory.com/search.p...rchid=21751629
every Saint has a past. Every Sinner has a Future
Just for info search links don't work.
Hello,

Thanks Jankone a lot for the great thread.

Anybody still work with this system?

Hope to see more discussion on this.
I will post some charts once a while, this is great thread with a really good stuff, hope it will continue running !
Jankone if you around Hello to you !
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Even though I walk through the darkest valley, I will fear no evil
This thread lost it's way when the OP ( Jankone) tried to get people to pay for same information. The originator of this approach, and whom Jankone acknowledges is RYANMCD -who no longer posts. The free stuff in Jankone's thread is more than enough. The thread is dead because there is no more to be said - simply read and practice.
RYANMCD also uses outside bars.
every Saint has a past. Every Sinner has a Future
Will post trades once a while.
from today EU
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Even though I walk through the darkest valley, I will fear no evil
Quoting turnip15
This thread lost it's way when the OP ( Jankone) tried to get people to pay for same information. The originator of this approach, and whom Jankone acknowledges is RYANMCD -who no longer posts. The free stuff in Jankone's thread is more than enough. The thread is dead because there is no more to be said - simply read and practice. RYANMCD also uses outside bars.
It is may be reasonable, I have at least one message a day, ppl ask to mentor them, they even offering to pay, but I don't do that. If some one read this thread and don't know what to do, really bad case, I would charge him, for time I would spend with that person. Thats is just mine opinion, any way

This thread is gold digger for newbies, so lets keep it on top.
Even though I walk through the darkest valley, I will fear no evil
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