40-100 pips per day LIVE TRADING

[Tess]

Originally Posted by MasterPlan

Does anyone know why that would be? and the setting are the same if you want to know

Dunno why that would be. Different servers perhaps? Slightly inefficient make-up on the demo side? After all, demo mode will always be 2nd in terms of priority to a firms resources.

It certainly would if it was my firm anyhow.

[gomerpip]

tess

thanks por your input and honesty

yur posts are mighty helpful
it be helpin me a lot

due to my time limits
iam unable to attend james course too

mi mamapip be sayin thanks also

happy tradin

[tonymand]

Originally Posted by mustang

I've been lurking on this thread since the beginning and have re-read the whole thing again,even printed out the rules and taken some trades on GBP/JPY this week, and I have to say it's an impressive method.It's simplicity is very appealing and from my observations there is absolutely no need to add any indicators to improve the method.I would be interested in knowing if any of you are trading this method on a regular basis and what results you are achieving.
Cheers.

yes mustang I am trading it daily on GY and GU and profitably. However as Tess has said in one of her posts my results or anyone elses are entirely irrelevant and do not predict whether you will be profitable.

[tonymand]

Originally Posted by MasterPlan

Take a look at this, doesn't make any sense to me?

I have all so notice that i have the same program running on 2 computers and the stocastic show different readings. Does anyone know why that would be? and the setting are the same if you want to know


Master

Hi Masterplan. Didnt reply to your post about set ups because I have posted it before either in this thread or the other dealing with this system With respect to demo and live they do not use the same feed hence differences are common. Indeed metatrader posts a disclaimer about relying on backtests done on a demo account

[tonymand]

Originally Posted by gomerpip

howdy tess

how it be goin?

how long did it take to get em 587 pips?

did you be taken james chat?

how aboit you tonymand

how many pips you be gettin?
howa longa?

I dont think in pips for return gomerpip as that doesnt provide any true reflection. The trade I posted yesterday produced a 10.6% return on equity and there were 2 other trades later in the night off the support at 232 that produced 2.4% and 2.8%. Thats more than most share investors would expect in a year in 1 night. However recent times (the last 5 weeks or so) have been absolutely exceptional probably no matter what system you are using so dont read too much into this. The point is that James system gets you in with a really tight stop and this supercharges the returns. My win loss ratio with this is approx 2:1 . Take tonights trade on GY (did you take it), entry at 233.18, stop 232.76, therefore 2% risk on 42 pips which is nothing on the Geppy. Trade currently open at 234.00 therefore an unrealised profit of 4% on equity. Has been difficult to stay in because of the round number, ind prod from UK and divergence but have based this on the strong trend. But as I said to Masterplan other peoples results are entirely irrelevant. Hope this is helpful to you

[Tess]

Originally Posted by MasterPlan

i have been studying james system, and i was wondering if i could add anything more to it, to give more of a vaild trade?

I captured this as it was setting up, but unfortunately couldn't gain access to the site for some reason?!?

Anyhow, prices stabalized after the BoE issued an unusual (sort of) statement following their rate decision aimed at calming the markets re: current Bank murmings etc, affording a nice entry on the inside highlighted bar.

The 5min frame also printed a nice doji & bullish thrust at that level (2.0150-60) adding confirmation.

Again, tight stop placement offering a decent potential r/r play back up the ladder should momentum continue thru the round number @ 2.0200

If price begins to struggle as it approaches that level, you got plenty time to drag your stops up to b/e, scale out a little profit maybe & watch developments.

Whatever the choice, it's another relatively low risk optional trade.

[hoss]

Took this one on the GBP/JPY this morning. It took a while to develop but got out with about 40 pips at the 60 sma.

[Tess]

Originally Posted by hoss

Took this one on the GBP/JPY this morning. It took a while to develop but got out with about 40 pips at the 60 sma.

Hey there hoss,

Yeah, they appear all over the goddamned place don't they

This little Cable jaunt has pushed & shoved itself thru the round number tangle & headed off towards the highs of the day to register another 3:1 + trade.

Got a little bit of potential flak to negotiate up here at the 2.0270 region, but I guess this upkick will assist in adding momentum towards next level technical tgt @ 2.0390.

These 15m IB triggers can get you nice & tight into a decent little run up/down the ladder on occasion, & this entry could well be one such example if it sprouts legs!

[turnip15]

Sto ch divergence also present on your chart?

Originally Posted by Tess

Hey there hoss,

Yeah, they appear all over the goddamned place don't they

This little Cable jaunt has pushed & shoved itself thru the round number tangle & headed off towards the highs of the day to register another 3:1 + trade.

Got a little bit of potential flak to negotiate up here at the 2.0270 region, but I guess this upkick will assist in adding momentum towards next level technical tgt @ 2.0390.

These 15m IB triggers can get you nice & tight into a decent little run up/down the ladder on occasion, & this entry could well be one such example if it sprouts legs!

[Tess]

Originally Posted by turnip15

Sto ch divergence also present on your chart?

Absolutely...yes!

The more positive elements to stack on your side of the fence, the better huh?