the goji system, for lack of a better name

[gojilover]

hi all,

it's friday, a very volatile day in the stock market and it is only 10:07. i usually stop at 10:00 am on fridays. the dow has just gone positive. none of that really matters for the forex trader, however.

today, we had only one trade. we entered the u/chf at 46 and we closed at 96, hitting our +50 target. i am finished for the day, the dow can do whatever.

since inception, last friday, WE ARE NOW UP, 212 PIPS.


have a great weekend!

[gojilover]

hi all,

only one trade today as it is a holiday in the usa and i'm taking some time off.
we entered long on u/chf at 71 and after being higher, creating a pinbar, and then a five minute red candle, and being up +36 at the time, i decided to shut down for the day. thus, in the seven days that i have been recording, this simple, little system is up +248 pips, for an average of around 35 pips per day. talk to you tomorrow, whoever it is that you are?

[Dwerth]

Thank you for posting your trades. I would really like to encourage you to continue posting them, as they are good encouragement for another newbie like me.

Good Luck in trading!

[gojilover]

hi to a couple of you,

i quit a little early again today as i have to take a little trip with my son. once again just one trade today. please note, i opened the position at 7:55 est., at 90. i know i said that i trade from 8-11 am most days, but if you are not up and checking things out 15-30 minutes ahead of time, then you should be. anyway, we had another successful day as the trade was closed at 40. please note, i consider a 50 pip day outstanding. yes, i could sit in front of my computer longer and maybe make more, but you could also give more back. since i have started advertising my trades oct. 3rd, i am +298 pips working no more than three hours per day, and several days, like today, less than three hours per day. as i am a retired teacher, this is an outstanding opportunity for me. i do not know your trading risk and it is none of my business, however, depending on your risk tolerance, with my selections, since inception, you could be positive, $298, $2,980, or even $29,800, depending on the size of your account. for me, an extra $2980 per month is delightful. the average person does not get a $3000 per month raise, BUT GUESS WHAT, my month is not yet half finished. anyway, that is why i do not get greedy. i am very happy with my little chunk of 50 pips per day. right now things are going good. people keep telling me that things could turn around. i believe this. if the good volatility we are experiencing lately should dry up, then i would simply reduce my total profit target and my stop loss. after all, THERE IS NOTHING WRONG WITH 25 PIPS per day, EITHER.

until tomorrow,

gojilover

[volcano]

I am intrigued by such a simple yet effective system. I just saw it today. I will be looking at past history to see how it has behaved. However I will look at gbpusd because that is the pair that I trade. Thanks for sharing.

[gojilover]

hi all,


the four trades today were on the order of much ado about nothing. there has been no follow through as the u/chf has been trading in a very narrow range. seems that i said something about something like this just ysterday. any way, the trades, short at 20, dropped down but quickly reversed, exited at 20. long at 35, never did get going and crossed back over the 10 ema at 27, = -10. long again at 35, again very little movement, went up a little but i closed again at 35. for the last trade i entered short at 16, it dropped down to 97 and quickly turned around. when it went back up to 06, i closed for a + 10 on the trade. i closed at the +10 to eliminate the negative 10 from the second trade. this is good for the psyche, as i did not have a losing day, on a bad market day. however, when all was said and done, it really was much ado about nothing.

gojilover

[gojilover]

hi all,


well, today was another choppy day, but PROFITABLE, and draining. it is only 10:30 est, and i am finished for the day. today, there were no trades whereby the market just took off in a favorable direction, very tiring. i am not complaining. however, if i am feeling tired from the trading and i am positive for the day, i should walk away. one should always be in the right frame of mine to trade. anyway, here are the trades: (with the times included)

7:55 long 1.1310
9:18 exit 1.1320, exited because of a cross and close below 10 ema
+10

9:25 short 1.1310
9:30 exit 1.1297, 10 trailing stop, went down to 87 and then back up
+13

10:05 long 1.1330
10:20 exit 1.1350, 10 trailing stop, went up to 60 and then back down
+20

ceratinly a 43 pip day is very good. the 341 positive pips since inception, 10-3-08, is also very good. i hope some of you newbies, and others, are getting something from this, even though you may not be responding. i hope adding the time helps if you want to go back and assimilate my trades.

well, until?

[dobro]

I just read this thread for the 1st time and very interesting. I have never had much success with the swissy but you have opened an opportunity. I will demo on IBFX and see how it goes next week. Will do a little (actually a lot) of studing of the chart tomorrow and over the weekend. Will try out Mon. a.m. and I like the times you trade. I'm in the central zone so no big deal. Thanks again.

[johnnykanoo]

gojilover nice thread im glad to see a nice setup that is producing positive pips on a regular basis. keep up the good work!!!!

[dobro]

I couldn't wait for Mon. so I set up my Oanda demo acct and grabbed a few pips this am. I'm not used to thinking of +50 pips on a 5M TF but I can see from past charts that it is possible even tho a 100 ATR indicated 10 pips! Sure is simple to set up and use, I will pursue this more agressively next week. Many thanks again, d.