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Noise free system

  • #261
  • Jan 13, 2017 11:30am Jan 13, 2017 11:30am
Quoting mizi123
With these advice from my favorite writer i wish you good and relaxing weekend see you in Sunday night, take care {image}
Hi Mizi,

I found the video, how the economy works in 30 minutes educative. Concept was explained in a story format [the animation helped a great deal] which was interesting. Would be needing to re-watch couple of times more to grasp the full concept thoroughly.

Have a great night.

Thanks
  • #262
  • Jan 13, 2017 11:55am Jan 13, 2017 11:55am
Hi Manuoz, what is MAMethod 2 and 3?
Thank you
  • #263
  • Jan 13, 2017 11:56am Jan 13, 2017 11:56am
ThemBonez....what platform are you using?
  • #264
  • Jan 13, 2017 2:22pm Jan 13, 2017 2:22pm
Starting a Trading Business
If a new trader wants to be a successful, they will need to treat their trading like they would operate a profitable business. Many traders lose a lot of money by approaching trading like it is a hobby. In trading, making money is the goal, and must be kept at the forefront of a trader’s mind if they are to be successful. Fun and excitement in trading can be expensive entertainment. The reality is that most of the time, trading is boring. A trader must treat the market like they would any other business, utilizing discipline and great care to grow their capital and be successful.

  1. You can’t open your trading business until you have a full business plan.
  2. Your inventory is your current positions; you have to buy them for less than you intend to sell them.
  3. Your customers are who you sell to; they have to be willing to pay more than you bought your positions for.
  4. Your mind is the manager of your business; you can’t let pride, fear, or greed lead to an unprofitable mistake.
  5. Your business must have insurance to manage risk. Stop losses and hedges are your insurance against big losses.
  6. Location is everything. You must conduct your business where there are ample buyers and sellers so you don’t get stuck with positions that no one wants.
  7. Your current positions are your employees. You have to keep the ones that produce gains, and fire the ones that lose.
  8. Expansion of your business can only happen after your first location is successful. Once you have mastered a system of entries and exits you can add new markets and systems.
  9. Your trading capital and your positions are your inventory. Lose that and you are out of business.
  10. The only reason to be in business is to make money. If you don’t make money, you need a new business plan. *By: Steve Burns*

  • #265
  • Jan 13, 2017 3:27pm Jan 13, 2017 3:27pm
Quoting ThemBonez
Hi Manuoz, what is MAMethod 2 and 3? Thank you
Sorry can't help you more, i just edited the settings
  • #266
  • Jan 13, 2017 3:36pm Jan 13, 2017 3:36pm
Did a trial trade using this system. 5m NZD/USD Long Trade. Looked at 1D, 4hr and 1hr to get idea of trend. Made trade on 5 min chart.
Quick in and out because end of day and week. Made 10.8 pips. I see potential.
Attached Image (click to enlarge)
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  • #267
  • Jan 13, 2017 6:51pm Jan 13, 2017 6:51pm
Quoting LexLuthor
{quote} there is no problem in there just use your SL brother btw this my trade on GBPUSD +40 pips {image}
Currency meter suggest sell. So what's the logic here. Are you using pivots?
  • #268
  • Jan 13, 2017 6:56pm Jan 13, 2017 6:56pm
Quoting dethkult
{quote} Currency meter suggest sell. So what's the logic here. Are you using pivots?
No !
GBP value > USD value

Call is correct
  • #269
  • Jan 13, 2017 6:59pm Jan 13, 2017 6:59pm
Quoting manuoz
{quote} No ! GBP value > USD value Call is correct
I didn't realize he had modify the indi. Mine still the same, strong ones on top. My bad.
  • #270
  • Jan 13, 2017 8:15pm Jan 13, 2017 8:15pm
Quoting ThemBonez
Did a trial trade using this system. 5m NZD/USD Long Trade. Looked at 1D, 4hr and 1hr to get idea of trend. Made trade on 5 min chart. Quick in and out because end of day and week. Made 10.8 pips. I see potential. Screenshot6.png;2139896 {image}
Thembonez,

Appreciate the charts. Do you wait for agreement of all Day,4HR & 1HR in the same direction before entering the trade?

Do you use Mizi system i.e. Heikien Ashi Exit,Smoothed etc... on Day,4HR & 1HR to determine the confluence or any other variant like moving averages, trendlines or price action etc before fine tuning the entry on 5 min.

If you get time kindly post a chart of higher Time Frames and the entry chart on how you take a trade...

Have a great weekend...
  • #271
  • Jan 14, 2017 1:55am Jan 14, 2017 1:55am
Quoting mizi123
TIP What i have done for myself (wich i sugest to everyone do for him self regardles what system do you use) after i make analyze i select pairs wich fulfill conditions (wich for me are follows in quadrat down on chart) i put them on specilizaed profil with bla bla name and in these way i save myself from getin traped from market... {image}
you find those as most profitable?
  • #272
  • Jan 14, 2017 3:47am Jan 14, 2017 3:47am
I tested this strategy.. its fifty fifty...
  • #273
  • Edited 12:51pm Jan 14, 2017 5:01am | Edited 12:51pm
Hi guys last night in the midle of the night has pop-uped something in my head ( because i sleep with pencil under my pillow) from monday if there is trend we gona drive them like crazy don't wory enjoy your weekend guys
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  • #274
  • Jan 14, 2017 5:06am Jan 14, 2017 5:06am
Hey mizi, you never stop
Hope to be on monday and discover your new tips !
  • #275
  • Jan 14, 2017 5:09am Jan 14, 2017 5:09am
Sell entrys and exits
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  • #276
  • Jan 14, 2017 5:11am Jan 14, 2017 5:11am
Quoting manuoz
Hey mizi, you never stop Hope to be on monday and discover your new tips !
We must rise wining persantage of losers in forex from 95 to 90
  • #277
  • Jan 14, 2017 5:13am Jan 14, 2017 5:13am
Quoting mizi123
{quote} We must rise wining persantage of losers in forex from 95 to 90
So you found new indicator setups to improve those pullback entries?
  • #278
  • Jan 14, 2017 5:18am Jan 14, 2017 5:18am
Quoting mizi123
Hi guys last night in the midle of the night has pop-uped something in my minde ( because i sleep with pencil under my pillow) from monday if there is trend we gona drive them like crazy don't wory enjoy your weekend guys {image}
can you share this tempelt for check last data
  • #279
  • Jan 14, 2017 5:24am Jan 14, 2017 5:24am
Im gona test it first and after that gona be free for all don't wory my frinds i have a qute: Help ech other in good and productivity not in bad and injustice have a patience because forex is there
  • #280
  • Jan 14, 2017 5:31am Jan 14, 2017 5:31am
Quoting manuoz
{quote} So you found new indicator setups to improve those pullback entries?
Yes manouz until nou we have considered these areas were is the gree round as cros from nou we gona trade them and these gona increase wining %ge tremendously
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