Disliked{quote} You're going to make Carneiro crazy! We use a 20 pip stop and a 5 pip take profit.Ignored
- #1,087
- Edited Jun 2, 2016 5:38pm Jun 1, 2016 7:29pm | Edited Jun 2, 2016 5:38pm
- | Commercial User | Joined Jul 2015 | 1,420 Posts
The System Behind the System, by Merlin Jeffries 16 replies
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Disliked{quote} You're going to make Carneiro crazy! We use a 20 pip stop and a 5 pip take profit.Ignored
Disliked{quote} No buddy Carneiro has a new system check post post #1,079Ignored
Disliked{quote} This is not a new system but an observation that he has made and shared with the group he specifically said it had nothing to do with the system but if looking for larger gains then 5 pips you could use it as way to judge the possible movement/direction of the next day but left the choice to the individual RobertIgnored
Disliked{quote} Exactly what said and more. They can not have not understood. See also the table of (risk-reward) I left in post # 975. I'm using Stop 18 pips and TP 09 pips, but each choose what you want to do. The important thing is that several friends are taking profit from the system.Ignored
DislikedAUDJPY less than 10 mins +7 pips, practicing 7TP 20SL so it's around 3:1 RR instead of the usual 4:1 {image}Ignored
DislikedNew day with the system trying to follow rules strictly and execute operations only if: -indicators all green or red -previus candle 15M sailing in accordance with the operation -D1, H4, H1, M15, M5 green / red -above M34 only buys, below M34 only sell. -not near pivots operations. -only pairs with CSM>6 and CSM<3, try distance is more than 4 and the arrows going in accordance with the operation. -TP 9, SL 18 TS=5 Only one defeat in EURJPY today {image} {image}Ignored