3 Little Pigs Trading System

kneesup · July 12, 2014, 8:25am

And June’s final results are?

Even 6% a month = 72% a year, wow! 4% x 12 would be a great 50% even.

Risk per trade is 2%, yes?

kneesup · July 22, 2014, 7:40am

any update here on June ?

kneesup · July 27, 2014, 12:00pm

Has the big bad wolf got the 3 little pigs?

kneesup · July 30, 2014, 7:07am

28th July 3 Pigs Update - Found this most useful especially as it’s free

Kennard · August 14, 2014, 8:44pm

Thanks a lot for sharing your results, also to others like Four Candles.

May I ask how you use trailing stop?

Is it using moving average or candles high/lows?

Kennard · August 16, 2014, 7:56am

harmonicphil:

STOP LOSS
My choice here may seem a little complicated but only when written down, in practice it’s really straight forward.
First, I check the 14 period Average True Range (ATR(14)) which I added to all my 4 Hour charts. I add the High and the Low values (displayed on the right) and multiply this by 25% – I place my stop above/below the 34 SMA on the 4 Hour timeframe by this number of PIPs.
I have included an example as an attachment.
This is not a real setup just a chart I decided to use to demonstrate how I calculate my Stop loss.
This is the 4 Hour timeframe and assumes price is above the 55 SMA on the Weekly timeframe and the 21 SMA on the Daily timeframe. Price has touched the 34 SMA and has closed above it. The High and the Low of the ATR(14) is 26 and 14 which gives me 40. I take 25% of this value which is 10 PIPs. To get my Stop loss I subtract this from the current 34 SMA value (8460 – 10) so my Entry here is 8482 (the candle close), plus Spread and my Stop loss is 8450.
I will then use a Trailing Stop loss behind the 34 SMA on the same basis, e.g. if the 34 SMA rises to 8475 I will then trail my Stop loss to 8465.

I think I found it, first post.

kneesup · August 26, 2014, 1:56am

Will results for June and July be posted?

Kennard · August 28, 2014, 7:35pm

I would like to see these results too. Its a pity that Harmonicphil and FourCandles don’t post here anymore. I really enjoyed their posts.

harmonicphil · September 4, 2014, 1:09am

Sorry about lack of updates, other commitments…
One new trade yesterday:
AUDUSD 9337 long from 3/9 12:00, stop at 9319, 9 (21+15/4) behind the MA 9328
Old trades:
AUDUSD 9325 long from 26/8 12:00, stopped at 9320, 10 behind the MA 9330 for -5, (was +40)
EURGBP 7939 short from 2/9 12:00, hit stop in next bar 2/9 16:00 for -7, very weak signal.
EURUSD 13361 short from 18/8 16:00 with 9 pip trailing stop is still running, currently over 200 pips

harmonicphil · September 4, 2014, 4:35pm

Three new trades today:
EURGBP 7927 short from 12:00 candle, stop 7953
EURJPY 13670 short from 12:00 candle, stop 13740
USDCHF 9256 long from 12:00 candle, stop 9171

Kennard · September 5, 2014, 5:33pm

Nice to see you back Phil:)
I only started to trade this system 3 weeks ago but made some nice profitable trades already. I am very excited to see how it will perform in a long run.
Congrats on your EURUSD trade. Nice run. I test FourCandles approach with set TP so I closed for +60 a while ago;)

harmonicphil · September 6, 2014, 2:10am

One new trade today:
USDJPY 10507 long from 20:00 candle, stop 10462

EURGBP from 4/9 stopped for -26

harmonicphil · September 8, 2014, 3:46pm

One new trades so far today:
USDCAD 10960 long from 16:00 candle, stop 10882, 10 behind the MA of 10892
Signal was at 12:00, but daily only turned up during the 16:00 candle.

harmonicphil · September 8, 2014, 3:52pm

AUDUSD long from 3/9 12;00 stopped out during 8/9 12:00 candle at 9325, 9 behind MA of 9334.
At one stage this was +65.

harmonicphil · September 9, 2014, 2:16pm

EURJPY sell from 4/9 12:00 at 13670 went up 90 pips before reversing and hitting stop during 9/9 16:00 candle at 13717, 13 above MA of 13704 for -47.
This would have been a good trade for a trailing loss, or at least move stop to breakeven.

harmonicphil · September 10, 2014, 5:11pm

One new trade today:
EURGBP 7976 short from 10/9 16:00 candle, stop 7994, 9 behind the MA of 7984

harmonicphil · September 11, 2014, 1:17pm

EURUSD with 9 pip trailing stop came within one pip of being stopped out during the 16:00 candle, still open at the moment.

harmonicphil · September 12, 2014, 9:06am

EURUSD hit stop 9 behind MA at 12935 for +426
USDCHF hit stop 8 behind MA at 9334 for +78

harmonicphil · September 15, 2014, 4:42pm

EURUSD 12921 short from 15/9 8:00 candle, stop 12940, 13 behind the MA of 12927
USDCHF 9363 long from 15/9 8:00 candle, stop 9336, 10 behind the MA of 9346

harmonicphil · September 16, 2014, 1:03am

Yesterday’s EURUSD hit stop during 15/9 16:00 candle for -19
Yesterday’s USDCHF hit stop during 16/9 candle for -27