Robinho Enhanced

Very profitable strategy. Thanks!

Hi, congrats for winning that so many pips,
can you share us your trade entries for all that trade?

Thanks in advance

I have updated post 67 with all the indicators used in my template .

http://www.forexfactory.com/showthre...47#post9003847

Hello I took +6 pips today with UJ currency using the smStrengthRange0.9_v2.4 indicator when we had 6.00 strength and a difference of 3 between the two currencies (great system). I find the indicator too good, but it doesn't have sound alert for a certain threshold of an individual currency like, USD 6.50 > Alert me with sound, or NZD 6.4 > Alert me with sound. I was wondering, if any of the members can make an alert so we can use.

audusd +5 slow

Thanks a lot copi I am going to print it and keep it next to my screen.

Hey Bro,

I am trying to replicate your template but its a bit difficult to get the right match of indicators from the long list.

Please could you attach the already finished template you trade with so i can use it directly? I really like the clean look and colour combo as its quite easy on the eye, yet so powerful as evidenced by your results. Alternatively, you may give me a screenshot of your indicator list window and i take it from there..

Thanks a million.

nzdjpy to slow

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Yes its slow, hope market moves so we can have some fun.

hello,everybody. today's pip hunting not much only 2 trades. GBP/JPY.

1st trade 50pips and 2nd trade 100pips.

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I would like to share how I make an entry using this trend pattern we are practising lately.

First, once you read all the instructions Copi88 was so kind of posting, and once you have your signal ready. Here comes some price actions observations we need to check to get a more profitable trade.

1.- Once the signal is ready in the currency, the price close above/below a key level, this key level could be 34sma, Open daily line, and pivot , 50/100 level. I try that price closes above or below 34sma, Open daily and if you have near lets say a 00, then that´s fine or a WP, that´s ok.

2.- The signal the nearer to these levels the better, sometimes you can even have a retracement, which are usually strong, if you open a signal far from these levels then you might be at the end of the move, not at the beginning. Remember that market moves in waves and expands and retraces all the time, so after a rectracement a nice expansion movement comes, that is the move we are trying to take.


3.- Ok so we have our signal, ready and also near those levels. The next thing is to check if there is some empty space or room for the trade to run. This means that we should not find near resistance or support formed by candles, something like a double top or double bottom or recent higher highs or recent lower lows, in few words we are looking for a breakout, so for this breakout to run nice, we need space.

4.-Now we are inside our trade so its time to see where to exit, let´s say the pivots,00/50 levels are like the highway of the trading road, so price has to pass in each one, sometimes they are strong and does not let the price run, and sometimes they´re weak and the price keeps its way. A safe exit could be next level. The nearest you have, it could be a pivot, or a 00/50 level. In case both are far, then look for recent highs or recent low levels.

So we have now an entry, with all conditions fulfilled, and a target too. Let´s speak a little about some money management, If you have seen all the trades done here, usually we place the stoploss above/below those levels, and many times we hide our stoploss from the brokers at levels, not so common, like 00/100 which around those levels there is a lot of activity to grab the stoploss. Try to put your stoploss in a number different to those levels, and try to get trades with a small stoploss and a big take profit.

You can achieve that when, in your trade, you see that the target is a little far, if you have watched some of us trading, we go from one level to the next level, over and over again. Sometimes you will even see that when a key level breaks while we are in a trade, we then go to the next level.


Price action is an ability acquired by a lot of hours of chart observation and knowledge of price patterns, might take some time but you will be able to see all these things every time clearer and faster. Just time and practice. These observations could by applied to any system, because trading is trading anywhere.

Right now we are practising this trend pattern, but we will be able to see countertrend patterns, pullback patterns, divergence patterns, etc.

Great write up Blanca - I want to highlight the need for having space for your trade to move and to look for trades where there is a small stop loss and a large target so get your R/R ratios right.
There where lots of signals today on the markets but I hardly took any because either R/R was too high or there was no space.

Hey Jeff

There is already an EA. Check this thread - http://www.forexfactory.com/showthre...34#post9005734

It doesnt work very well though and looses money. As far as I can tell its missing the 34MA rule. Maybe your programmer can improve on it.
The problem I think is that there is still a lot of discretion involved when taking a trade.

C

Hi everyone. Nice to see the Robinho power system being further developed. After all, every trader has his/her own style and tends to adapt any system to their needs.

I've got an idea I would like to share. I haven't tested it yet, it just popped up as I was reading through this thread.

Back in the original thread, I remember someone saying that when currency curves cross on the Strength Meter Session indi, it could indicate a strong movement. So I thought: why not pair this observation with sharingan9's approach (wait for a retracement before entering the trade). I looked over today's action and it looks pretty good.

Here is what I propose:
1. Strength Meter Session and Fibonacci retracement tool,
2. Look for a cross on the SMS indicator between JPY/USD and another currency,
3. Once that happens and the 15M candle has closed, apply Fibo and wait for a retracement,
4. Enter when the price bounces off one of the Fibo levels (preferably the stronger ones),
5. SL and TP at your own discretion.

If you like the idea, feel free to test it.

Attached you can find two examples from today (there were 7, if I'm not mistaken)

Hi,Blanca THANKS for your valuable information.

hHi,Bpran,.for you info I've been trading since 2008,and blown a dozen accounts,I traded 1mTF,Finally I decided to trade higher TF >h1. When I came across Blanca Thread he gave me some ideas, that forex can be traded at lower time frame.For the scalper,like us ,our main problem is how to enter/exit the correct way with profit.He gave an idea how to manupulate the price action at daily open/support/resistance.

How do we know there's daily good momentom or not?daily direction?limitation of price movement in the direction?One of effective indicator is BB.
1. be able to predict daily momentom but not direction.
2. once the price move,BB able to limit the movement via BB 1/2/3 levels deviation.(false breakout).
3. 200Ema is the best indicator to support BB to tell the direction of the day.

example of yesterday's trade.

early asian session,the price playing around Daily open.and formed 34SMABBlevel1 FLAT.it shows the price going to move soon,when? which direction?no idea.
finally the price breakout move south.but it stoped at BB LEVEL2.Here observe any divergence? if no let the price run south,if yes, wait the 34sma,200ema change color.once the price close above 34sma than enter.when the price move observce BB and slope of 34sma that pass Daily open. tARGET is the nearest suppot/resistance.or round number.In my observation if the slope/angle 34sma that pass daily open is good.it will surely reach the target to the nearest support/resistance.eventhough there is a turbulence in the journey.

still studying,exprementing..to observe loophole and fine tuning.THANKS.

Hi Blanca thanks for post. When you upload your trade? Please

Asia session trade. 30pips done. with nice slope. right now short 138.35 target 138.20

Just took a sell on CADJPY. Its countertrend but price has closed below the daily open. SM Strength has just crossed and lines are angled well. Target is 34SMA. All other indicators say sell. Lets see.

wait to 79.300 after WP

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I am really amazed of how much talent there is here, we are very lucky. I am reading all the patterns and ideas you´ve found and I agree we will find a lot of profitable ways to trade this system. If we could make a good Ea would be great if it could be possible, sure, and lets work in doing this ourselves manually, we can apply this to all the systems because we can make any system more profitable with a few observations.
Broomar you are right, I know some people who love Bollinger bands, and the 200ema is great for trend, in fact if you try 240ema you´ll see it even better.

Lets see if asia gives us today some trades, let´s practice price action, this thread is full of knowledge kef thanks a lot, for sharing all your ideas.