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Re: Forex Trading - Season 15 by Nobody: 9:31am On Jan 23, 2015 |
what next in Euro zone with Greek elections sunday |
Re: Forex Trading - Season 15 by wapmasta001(m): 12:17pm On Jan 23, 2015 |
willscolf: LOL. NO USE LAFF WOUND ME ABEG. .DAT KIND ORIYOMI TIME, WHEN YOU GO JUST SHINE EYE TO LOOK UR CHART WELL TO SEE SAY SL REMAIN SMALL AND ALL OF A SUDDEN TP HIT ..YOU GO JUST SHOUT , THANKGOD OO INTERESTING MARKET THOUGH |
Re: Forex Trading - Season 15 by geniusbami(m): 12:36pm On Jan 23, 2015 |
Just happy |
Re: Forex Trading - Season 15 by geniusbami(m): 12:36pm On Jan 23, 2015 |
I got free $30 from XM on my trading account today. Additional 50% on my deposit in the same account. Wow! Screen shot hereunder. I have special IV for only 3 people today, if U too want to receive great bonuses on your live trading account drop your email address now.
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Re: Forex Trading - Season 15 by willscolf: 1:50pm On Jan 23, 2015 |
wapmasta001:i tel u bro |
Re: Forex Trading - Season 15 by 12ema: 3:24pm On Jan 23, 2015 |
Optimisticgondy: Sorry, but i just saw your post. I don't set a target, i just follow price and i take whatever it gives me. I do however lock in profits when price achieves a 3:1 by moving my stop close to it but not enough to get stopped out too quickly. One thing you must be cognisant of is what he said about the rules. It took me a while to get it; you only place a trade once price breaks and closes above/below the first candle preceding the low/high of the swing. In other words price must break and close inside the mid 21ema band. The number one thing to look out for is a hammer candlestick pattern which is the foundation of the swing. Over time you will start to discover moves that are almost 80 percent accurate. I have attached some charts of some of the signals the system gave me this week (even as i type this it just gave me a usdjpy trade and from what it says, it does not look good for jpy pairs) and what to look out for. The system made over 800 pips this week alone. Like i said un-freaking-believable. Remember, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest. Please and please, don't take my word for it. Goodluck 2 Likes
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Re: Forex Trading - Season 15 by 12ema: 3:47pm On Jan 23, 2015 |
Quote from Richard Dennis: “I always say that you could publish my trading rules in the newspaper and no one would follow them. The key is consistency and discipline. Almost anybody can make up a list of rules that are 80% as good as what we taught our people. What they couldn’t do is give them the confidence to stick to those rules even when things are going bad.” – From Market Wizards, by Jack D. Schwager |
Re: Forex Trading - Season 15 by Optimisticgondy(m): 3:49pm On Jan 23, 2015 |
@ 12ema That's what it is. Thanks boss. 3 Likes |
Re: Forex Trading - Season 15 by omejeo: 3:54pm On Jan 23, 2015 |
boss 12ema which tf did u sugest to backtest it 3 Likes |
Re: Forex Trading - Season 15 by 12ema: 3:59pm On Jan 23, 2015 |
omejeo: The system is most effective on large time frames. I started with and still trade the 5min TF. You get a lot of noise and signals but the upside is, you always catch the beginning of a trend. I don't usually have time for that. Now i have migrated to the hourly, less signals but powerfull results. I would say backtest with the 15min TF. |
Re: Forex Trading - Season 15 by omejeo: 4:15pm On Jan 23, 2015 |
12ema:thanks boss |
Re: Forex Trading - Season 15 by eTradeXchange(m): 4:59pm On Jan 23, 2015 |
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Re: Forex Trading - Season 15 by omejeo: 6:52pm On Jan 23, 2015 |
eTradeXchange:ur price is too much N205 per dollar |
Re: Forex Trading - Season 15 by wierdpsycho: 7:55pm On Jan 23, 2015 |
omejeo:the spread 205/185 = 30 is the standard amongst all exchangers |
Re: Forex Trading - Season 15 by tociano009(m): 8:11pm On Jan 23, 2015 |
Good evening my brother and sister,My name is oluwatosin I am a newbies and I have pass through babypips, but I can not still understand it like that, pls I will be happy if somebody can help me out because I just open demo account with instaforex and xm but I dont know how to do anything there, pls I need your help sirs and mas |
Re: Forex Trading - Season 15 by geniusbami(m): 9:01pm On Jan 23, 2015 |
tociano009:Well, since U're already registered with XM, avail yourself of tutorials on their site. If U need more assistance U can open a live account through the link in my signature, I'll facilitate more assistance for U. |
Re: Forex Trading - Season 15 by wierdpsycho: 9:22pm On Jan 23, 2015 |
tociano009:get a professional fx tutor and stay away from the bucket shop called instaforex 1 Like |
Re: Forex Trading - Season 15 by tociano009(m): 9:31pm On Jan 23, 2015 |
wierdpsycho:but can you help me |
Re: Forex Trading - Season 15 by wierdpsycho: 9:34pm On Jan 23, 2015 |
tociano009:unfortunately I can't... contact the nairalander rozayx5 .. he might be of help |
Re: Forex Trading - Season 15 by Kirinwa: 11:48pm On Jan 23, 2015 |
Next week looks promising with Gbp eexpected to be bullish. Here's trade plan for Gbpjpy Buystop @ 178.20 Stoploss 177.60 Target 182.50 |
Re: Forex Trading - Season 15 by ifyeez: 12:14am On Jan 24, 2015 |
Start making huge box online, no need to continue wasting your data nd opportunities on movies, its time to start making real money from network marketing. Contact me on 07037358162, Pin: 767DB610 for more details |
Re: Forex Trading - Season 15 by Nobody: 2:04am On Jan 24, 2015 |
How market? |
Re: Forex Trading - Season 15 by Kirinwa: 6:16am On Jan 24, 2015 |
Kirinwa: Gbpaud and Gbpnzd seem more promising though where gbpaud buystop is expected at 1.8960 and gbpnzd buystop @ 2.0220. |
Re: Forex Trading - Season 15 by tociano009(m): 10:11am On Jan 24, 2015 |
geniusbami:ok thanks bro |
Re: Forex Trading - Season 15 by Karleb(m): 11:29am On Jan 24, 2015 |
wierdpsycho: Instaforex is a bucket shop?! I thought as much. |
Re: Forex Trading - Season 15 by murphydon(m): 11:13pm On Jan 24, 2015 |
Sir, Thanks for the inspiring articles, can this strategy be applied to Renko?. Thanks alot 12ema: |
Re: Forex Trading - Season 15 by 12ema: 8:54am On Jan 25, 2015 |
murphydon: To be honest, i am not sure. The system is based on a typical trend following strategy which tries to get you into a trend not at the beginning of it but almost in the middle. It uses swings and breakouts and from my knowledge of renko, which basically just shows you a trend over an X amount of pips/time, there is no way to identify a swing or a breakout. That being said, if i were to trade the system with renko, i would place the renko chart and the system side by side on my screen and try to identify a swing and use the the renko chart as confirmation of a trend. I would suggest backtesting this theory for a while to see if it might be possible. Good luck. 1 Like |
Re: Forex Trading - Season 15 by Nobody: 11:20am On Jan 25, 2015 |
If you need an edge in the binary option business then you should see this www (.) rumttaalianza (.) com/forum |
Re: Forex Trading - Season 15 by TheShootist(m): 1:31pm On Jan 25, 2015 |
At Market open, i'm looking at shorting UJ, and buying NCAD again. |
Re: Forex Trading - Season 15 by 12ema: 9:05pm On Jan 25, 2015 |
Eurcad/GbpJpy Trade: This is not a trade alert. Just an observation
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Re: Forex Trading - Season 15 by Nobody: 11:43pm On Jan 25, 2015 |
@ 12ema, looks to me like you sold GJ at support, it needs to clearly break 176.10 for the DT to continue from where I am standing. Same for EC, the bands are beginning to close up as opposed to opening and the candles sticking to them. |
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