{quote} Are you trading with them,Matomi? or is anyone trading with global prime with this system? I'm leaning towards them for some reasons...though pepperstone checks all the boxes for my requirements. regards,
- #8,382
- Feb 27, 2017 9:56am Feb 27, 2017 9:56am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Btw, I've been demo trading with Ninjatrader's Kinetic replay with this system and this system is really awesome. Entry is much easier on the eye than James16...and the opportunities are way more than Big Eelfranz (RIP) system.
BTW. Welcome and good luck. use the broker you feel comfortable with. I trade these methods live with Ninja and Kinetic, and MT4 Pepperstone. With Forex brokers you can get screwed equally by the larger or the smaller, it seems to depend on whether they list our names alphabetically or numerically
Cut your Losers short and let your Winners run.
- #8,383
- Feb 27, 2017 10:01am Feb 27, 2017 10:01am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #8,384
- Feb 27, 2017 10:04am Feb 27, 2017 10:04am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #8,385
- Feb 27, 2017 10:19am Feb 27, 2017 10:19am
{quote} Thats because the "System" as every one likes to call it, is not a "System". It is a combination of the "Most Reliable" price patterns and the most basic PA pattern, Higher Highs and Lower Lows combine that with Jaquemates simple Trendlines and Hey Presto! Your trading just like the Pros. BTW. Welcome and good luck. use the broker you feel comfortable with. I trade these methods live with Ninja and Kinetic, and MT4 Pepperstone. With Forex brokers you can get screwed equally by the larger or the smaller, it seems to depend on whether they...
And of course, nice trades !
- #8,387
- Feb 27, 2017 11:33am Feb 27, 2017 11:33am
{quote} hi. today i started to try this system with micro account. today i ended up with -120pip i dont know where i am mistaken. could you explain me please how you decide to take a trade and when to take profit as i see your TP's are all different.
{quote} Thats because the "System" as every one likes to call it, is not a "System". It is a combination of the "Most Reliable" price patterns and the most basic PA pattern, Higher Highs and Lower Lows combine that with Jaquemates simple Trendlines and Hey Presto! Your trading just like the Pros.
- #8,388
- Feb 27, 2017 12:10pm Feb 27, 2017 12:10pm
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #8,389
- Feb 27, 2017 1:14pm Feb 27, 2017 1:14pm
{quote} With respect, NO! I have done 1,366 posts on this thread, most of them explaining methods, entries and TPs, there are PDFs over flowing from the attachments section. The chart you quoted on is marked up showing the reasons for the entries, the TPs are obvious, if you look! Post the chart with your entrys and maybe some one will point you in the right direction.
- #8,390
- Feb 27, 2017 6:47pm Feb 27, 2017 6:47pm
Check after u enter, as soon as the price moves 5pips to your favor, move the sl to be+2. From there, just manage with trailing stop.
If many draw downs to full SL, it can really took the toll on a person and makes them hesitant for the next signal.
This lesson alone is a big game changer.
Thank you for the brokers suggestion.
I'm much more concern about using mt4 as a new platform than switching brokers.
I'm gonna miss my ninja
If many draw downs to full SL, it can really took the toll on a person and makes them hesitant for the next signal.
This lesson alone is a big game changer.
Thank you for the brokers suggestion.
I'm much more concern about using mt4 as a new platform than switching brokers.
I'm gonna miss my ninja
{quote} Dee, Great trading once again, could I ask a quick question, I saw the double bottom around 16.30 but did not have the confidence to take it as a reversal trade as it looked to me like the trend was down and although the 30min bar was moving strongly up it was again in a downward trend. Could you please describe if at all possible what gave you the confidence to make the buy trade. Was it crossing the MA or breaking the previous high, would be good to know your thoughts so I can try and apply the same reasoning when looking again at a dbl...
(both screens 3 Renko)
- #8,397
- Feb 28, 2017 6:56am Feb 28, 2017 6:56am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.
- #8,398
- Feb 28, 2017 7:02am Feb 28, 2017 7:02am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
{quote} i tried to read your posts. i added stoch indi. and i looked for hammers and overbought/sold conditions for taking an entry. maybe it was just a sideway day i dont know. when have seen long steady renko trends i thought i should stay in the trade as long as i can to cover my losses and gain some profits. actually %90 of my trades gone to profit zone at first but then %70 of them were hit SL. i will read more of your posts. i know this method is profitable i am just trying to get adapted. keep up good work and thanks for your efforts...
One very obvious point, you lost 120 pips, that tells me that you were trying to trade the crap, a 22 pip range. Look at the attached, realistically even experienced traders would only have been able to squeeze out 20 - 30 pips from that 5hr consolidation. I just left it alone.
Cut your Losers short and let your Winners run.
- #8,400
- Feb 28, 2017 7:12am Feb 28, 2017 7:12am
- Joined Jul 2010 | Status: Retired | 3,621 Posts
Cut your Losers short and let your Winners run.