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James16+Rayanmcd(Jan kone) and ME 7 replies

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Jankone M5 thread

  • #5,321
  • Nov 3, 2015 9:07am Nov 3, 2015 9:07am
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
  • #5,322
  • Nov 18, 2015 7:22am Nov 18, 2015 7:22am
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!
  • #5,323
  • Nov 18, 2015 7:07pm Nov 18, 2015 7:07pm
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...
  • #5,324
  • Nov 19, 2015 5:48am Nov 19, 2015 5:48am
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!
  • #5,325
  • Nov 19, 2015 9:30am Nov 19, 2015 9:30am
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
  • #5,326
  • Edited 9:39am Nov 24, 2015 4:10am | Edited 9:39am
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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  • #5,327
  • Dec 8, 2015 8:09pm Dec 8, 2015 8:09pm
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.....
  • #5,328
  • Jun 1, 2016 10:59am Jun 1, 2016 10:59am
Im going to bump this thread from the depths because it is a good read
  • #5,329
  • Jun 1, 2016 6:07pm Jun 1, 2016 6:07pm
Thanks a lot

Quoting Trendzalore
Im going to bump this thread from the depths because it is a good read
  • #5,330
  • Jun 1, 2016 6:26pm Jun 1, 2016 6:26pm
Quoting Jankone
Thanks a lot {quote}
And you īre out of the commercial section .. ...
Risiko birgt immer auch die Chance.
  • #5,331
  • Jun 1, 2016 6:33pm Jun 1, 2016 6:33pm
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 .. ...
  • #5,332
  • Jul 1, 2016 3:10am Jul 1, 2016 3:10am
EUR/USD M15 1:3 25 pips
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  • #5,333
  • Sep 5, 2016 1:01pm Sep 5, 2016 1:01pm
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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  • #5,334
  • Sep 5, 2016 1:11pm Sep 5, 2016 1:11pm
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
  • #5,335
  • Sep 5, 2016 1:26pm Sep 5, 2016 1:26pm
Just for info search links don't work.
  • #5,336
  • Feb 24, 2017 5:43pm Feb 24, 2017 5:43pm
Hello,

Thanks Jankone a lot for the great thread.

Anybody still work with this system?

Hope to see more discussion on this.
  • #5,337
  • Mar 21, 2017 9:48am Mar 21, 2017 9:48am
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
  • #5,338
  • Mar 21, 2017 12:30pm Mar 21, 2017 12:30pm
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
  • #5,339
  • Mar 22, 2017 9:57am Mar 22, 2017 9:57am
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
  • #5,340
  • Mar 22, 2017 10:02am Mar 22, 2017 10:02am
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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