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Robinho Enhanced

  • #321
  • Edited 11:15pm Jul 5, 2016 8:31pm | Edited 11:15pm
Okay last trade of the day for me.

NZDUSD short +10

Tomorrow or the day after I'm gonna find some time to make an explanatory post of my entries.
But for now I'm gonna upload this one.

Easy 10 pips..

Attached Image (click to enlarge)
Click to Enlarge Name: 32131231323123123123.png Size: 216 KB


So.. explaining a little bit.

- We are on a obvious downtrend
- Strength meter is showing which currencies are the weakest and the strongest.. which it helps to identify which currency still has some gas to keep going down the trend
- Break of WP and DP on NZDUSD(Strong levels)
- For ENTRY you can trigger after candle closed below those levels. In my case, when there is a huge candle, i like to see price retrace a bit.
- TP was above Key level 00 (0.71000) which i thought it would hold price, but it went thru in the end.



Next time i will make a better explanation with better images.
  • #322
  • Jul 5, 2016 8:32pm Jul 5, 2016 8:32pm
Quoting blanca
. Signals in Gbpjpy, Nzdjpy, Cadjpy,Gbpusd, Nzdusd, choose anyone you want, tonight is easy, the only that is slow is eurusd, have you noticed that RMup and RMdn are always green?
Yeah, today actually RmDn was red for GBPJPY but it just kept breaking levels xD
  • #323
  • Jul 5, 2016 8:33pm Jul 5, 2016 8:33pm
My trade today in the Asian session NZDJPY.... I waited for the break of DS1 and BRN before the trade entry and exited before reaching DS2)
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpymicro-m15-trading-point-of.png Size: 71 KB
  • #324
  • Jul 6, 2016 3:56am Jul 6, 2016 3:56am
My trade for London session resulted to winner. I was confident that CHFJPY would go down because the direction of PA from M15 to higher TFs is down. Patience pays off most of the time.
Attached Image (click to enlarge)
Click to Enlarge Name: chfjpymicro-m15-trading-point-of.png Size: 71 KB
  • #325
  • Jul 6, 2016 6:12am Jul 6, 2016 6:12am
Quoting sunny2way
Juan, can you please share your ATR indicator?
yes
Attached File(s)
File Type: mq4 ATR in Pips 2.mq4   3 KB | 315 downloads
  • #326
  • Jul 6, 2016 6:30am Jul 6, 2016 6:30am
Good morning south hemispherers.. I wont be able to trade todays New York and Tokyo sessions. Too much work in the office.. But when i get back home I'll try to make some time to make some explanatory posts about my entries as Blanca suggested.

So far, most of us have been trading one setup.. the easiest one to spot (at least thats what i think), but there might be some more setups to trade, so if you have any that you want to share or any ideas, please don't be afraid of posting them

Have a great day
  • #327
  • Jul 6, 2016 6:35am Jul 6, 2016 6:35am
Hi green pips traders,
anyone experiencing problem attaching indicators to a chart after the latest build 988 MT4?

Thanks
Baby needs love, milk, and money.
  • #328
  • Jul 6, 2016 7:00am Jul 6, 2016 7:00am
Quoting fxenthusiast
My trade for London session resulted to winner. I was confident that CHFJPY would go down because the direction of PA from M15 to higher TFs is down. Patience pays off most of the time. {image}
Great trades fxenthusiast. That hammer on MA34 and DS1 following the longer term trend plus the indicator showing a strong JPY vs weak CHF.
If it was me.. i would have waited a candle to confirm a break on 103.200 / 103.150 area... But sometimes we have been watching a pair for hours that you can already have this intuition.. So well done
  • #329
  • Jul 6, 2016 7:19am Jul 6, 2016 7:19am
.

Good morning,

AUDCAD +30 from DP to DR1
  • #330
  • Edited 7:51am Jul 6, 2016 7:22am | Edited 7:51am
Monday(July 4th)

Wins: https://gyazo.com/a36d5ca1c3535659dd252ed42a2da16b (hybrid long off the 50 retracement, hybrid short off the red line(DR2), https://gyazo.com/86ed0a46eae04eb976e5128b7ebcfc24 (long off 50 retracement), https://gyazo.com/3228ccaeca727c577029965effa3408b (hybrid long off 50)

Losses: none

Tuesday
Wins: https://gyazo.com/2f586b318789e6245881d2c8eb9a4646 and https://gyazo.com/e7813874c975e69030236ddfae08fa57
Losses: https://gyazo.com/7acf781c91a810128272adba2d6e4415

Today(Wednsday)
Wins: https://gyazo.com/1b7a9c8a7cd8f9913cdbb81b13fd4552 (hybrid market maker reversal), https://gyazo.com/9e6ea08e4f6cbefd865e38da4cc231b9 (hybrid market maker), https://gyazo.com/fa2774e6e5696f3e1de3a44d06e526ab (hybrid 50 retracement), https://gyazo.com/02a4444296c3cce0d26b7a2662cf846f (hybrid market maker)

Losses: https://gyazo.com/aa73181170ee2c8c4798a651c8177cef (hybrid counter DR2)
  • #331
  • Edited 7:52am Jul 6, 2016 7:38am | Edited 7:52am
.

I am so glad you all guys are taking trades, if you could please also post a detailed explanation of price action decisions, money management, etc because signals they come up all the time and we will keep on having them, its kind of easy but remember the system lacks of money management and also remember the system fails unless price action experience is applied, the only thing we have reached so far is applying price action.

I still do not see any 1 to 3 risk reward trades with explanation, fxenthusiast was kind to post his trade but the problem I see is that before getting some profit he had to hold a loss of 30 pips which in a real account its not something many can take, but also why not showing us small stoploss and high reward trades, instead.

Also remember that even though we are doing it great with this pattern, the system provides many other patterns we have not tried yet. Maybe there is people here that still cant get the signals and a detailed explanation not only would help them but also will confirm your trading decisions.
  • #332
  • Edited 7:54am Jul 6, 2016 7:43am | Edited 7:54am
Quoting blanca
. Good morning, AUDCAD +30 from DP to DR1
nice could you please put your trade image
  • #333
  • Jul 6, 2016 8:04am Jul 6, 2016 8:04am
Quoting blanca
. Good morning, AUDCAD +30 from DP to DR1
Hi Blanca, why you opened from DP to DR1?
  • #334
  • Jul 6, 2016 8:26am Jul 6, 2016 8:26am
Quoting blanca
. I am so glad you all guys are taking trades, if you could please also post a detailed explanation of price action decisions, money management, etc because signals they come up all the time and we will keep on having them, its kind of easy but remember the system lacks of money management and also remember the system fails unless price action experience is applied, the only thing we have reached so far is applying price action. I still do not see any 1 to 3 risk reward trades with explanation, fxenthusiast was kind to post his trade but the problem...
​For me I used the average size of the candles to dictate what my SL will be. I don't understand why no one else does this. That way you can set the SL and take profit based on the number of candles it would take to say you won or loss. For example, I enter a trade with Average size of candles being 15 pips and I say if the price goes against me for 2 candles(which is 30 pips) I will exit the trade so I set the stop 30 pips from entry and my target is also 30 pips(2 candles in my trade direction) and this makes the trade always 1:1. When target is reached I drag my stop to see if I can increase my rr to 1:2 or 1:3. Once you have your stop loss pip amount, take your risk amount and divide it by you stop loss pip amount. So if I risk 60 bucks I divide that by 30 pip sl and I get 2 dollars per pips which gives me a lot size of .2
  • #335
  • Jul 6, 2016 8:39am Jul 6, 2016 8:39am
another way to trade is to reverse a candle when it comes to media such as DS1

its another pattern

i look it on gbp pair its more fast
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 54 KB
  • #336
  • Jul 6, 2016 8:51am Jul 6, 2016 8:51am
Quoting sharingan9
{quote} ​For me I used the average size of the candles to dictate what my SL will be. I don't understand why no one else does this. That way you can set the SL and take profit based on the number of candles it would take to say you won or loss. For example, I enter a trade with Average size of candles being 15 pips and I say if the price goes against me for 2 candles(which is 30 pips) I will exit the trade so I set the stop 30 pips from entry and my target is also 30 pips(2 candles in my trade direction) and this makes the trade always 1:1....
you can run the indicator atr

atr in pips 2 a set the periods=2
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 67 KB
  • #337
  • Jul 6, 2016 9:07am Jul 6, 2016 9:07am
.

Thanks keep on posting your explanations,as you can see with Shari, he has his own rules for money management and works for him, the purpose is to get a good money management for this system, beleive me its something you will love to have once you get it right.

In my case I love small stoplosses and big rewards, so for example in this last trade, we have the daily open price line and the Dp so the signal triggers, your sl is below daily price line of 10 pips and target is DR1, for 23 pips so that is a 1 to 2 risk reward.

If you watch closely, there is a second signal but I did not take it because the risk reward is higher so we have lots of signals, better wait for another.
  • #338
  • Jul 6, 2016 9:37am Jul 6, 2016 9:37am
Quoting Juan007
another way to trade is to reverse a candle when it comes to media such as DS1 its another pattern i look it on gbp pair its more fast {image}
Very interesting pattern, you know something, a long time ago like 15 years ago I saw a system just like that, someone used to sell this pattern you just showed us.
  • #339
  • Jul 6, 2016 9:39am Jul 6, 2016 9:39am
gbpjpy pend
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15 pend.png Size: 74 KB
  • #340
  • Jul 6, 2016 9:41am Jul 6, 2016 9:41am
Quoting blanca
. Thanks keep on posting your explanations,as you can see with Shari, he has his own rules for money management and works for him, the purpose is to get a good money management for this system, beleive me its something you will love to have once you get it right. In my case I love small stoplosses and big rewards, so for example in this last trade, we have the daily open price line and the Dp so the signal triggers, your sl is below daily price line of 10 pips and target is DR1, for 23 pips so that is a 1 to 2 risk reward. If you watch closely,...
What was your criteria for placing TP on DR1? I mean, there is a 00 level before DR1 and if you check, price respected it and bounced a few times before.

Altho of course is better to aim for more pips for a better risk/reward ratio, but TP would be harder to reach. On the other hand.. Aiming for few pips seems nice cuz you profit faster and avoid price going against you... but you end up paying too much comission and that makes it harder to profit..

So the question is...
Is it better to have more winning trades with small reward.. 1:1 or even smaller and paying too many times comission..
Or is it better to aim for a higher Target for a better Risk/Reward BUT with the risk of price never reaching TP..


I would love to see some charts of yours Blanca if you could. Maybe that would help to take trades with more space to run rather than the small scalps i have been doing.
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