Mike, hope you don’t mind me asking, what’s the other lines? Are you not using the official indicator?
The red is the 21sma and the blue is the 55sma. I leave them on so when I look at the higher time frames they are already there.
Mike
ah - u know if you are using mt4 - if u go to indicator settings u can set it so that the ma only appears on the timeframe u want it too
just closed USD/CAD for +50 - good weekend all
Just like the update 3 Little Pigs Trading Strategy Weekly Report – 10-Nov-13 � Forex Useful
Waiting for a touch and green arrow on Monday…
Short EURGBP right now - is four candles and phil alive !
Yes, still checking in when I can.
I’m also in the EURGBP short at 8388.
From last week I’m also:
Short on AUDUSD from 7/11 at 0:00 at 9474, currently +150
Long on USDCAD from 7/11 at 12:00 at 10439, currently +40
Long on USDJPY from 8/11 at 12:00 at 9884, currently +80.
Yes still alive! just busy with the day job and everything el;se. Choppy week on AUD/USD last week but profitable overall will post results later today, Tuesday UK
Thanks for the updates guys - Still Short EURGBP, just about!
Hello guys.
My name is Chris i trade the forex markets now for more than 3 year, and the last 6 months with monthly profits.
I am trade the 3 little pigs strategy now for 3 weeks (live) and i am happy with the results till now. i am using the rules like mentioned in the manual. And only take trades when a bounce (with a reversal candlestick pattern) of the moving average on the 4 hr timeframe take place. And preferable with some divergence. I only trade EURUSD, GBPUSD, EURJPY, USDJPY. The reason, because i am use this pairs already for a few years. In a matter of fact that’s the only reason. I learned a lot reading the post in this topic. Hope this topic will be alive for a long time.
Regards Chris (from the Netherlands)
Chris thanks for your input. What would you say your win percentage is with your added entry criteria? How about risk/reward? Thanks.
Mike
I think is to early to talk about the winpercentage, but my risk reward is 1/1.5 and till now wins four out of 6 trades. I have a question did one of you taken the 1:1 skype session about the method? If yes was it worth the money?
Regards Chris
Yes, Chris, I took the one on one and it was well worth it.
EURGBP closed yesterday at 8400 for -12
USDCAD closed at MA at 10464 for +25
I want to excuse myself when making mistakes with grammar. My excuses, i am not a native Englishman. Since yesterday in a 3 little pigs trade on EURJPY. Not 100% according the rules. Candle (16:00 hr) don’t touch the MA. But a beautiful engulfing candle together with hidden divergence convinced me. Checked this morning (before go to work) up for 51 pips. Will see how this trade will develop.:33:
Regards Chris
Great to see people adapting this to suit their own styles - Will be interesting to see which variations come out on top and best for me will be a more mechanical approach like the base system or a fixed stop/target like four_candles - Thanks to all who are adding their views, I continue mainly on the base system.
+83, so about 8% or so on 3% risk per trade?
New trade USDCAD long at 4:00 14/11 at 10472, stop 10457
10 PIPs short of four_candles 60 PIP target but still room for a winner