Anyone tried this? Looks pretty promising I’m thinking of signing up but wanted to see if anyone had tried first?
Cheers,
Jack.
Hi JayTeeFX,
Thanks for starting this thread over here on baby pips. i have not really put any effort into creating threads so it is nice to see someone else do it for me! i have not been on babypips for sometime now and i only stumbled across this when googling my domain to see if it was appearing.
Firstly let me start of by saying this is not a signal service nor is anything a buy/sell recommendation. The service is an insight into how i go about my trading following a plan and managing risk. Anybody interested in checking out what goes on can drop by the twitter stream or the webpage and have a look. Real money is on the line here with a live tracked myfxbook account to keep things transparent (as possible)
The point of the service is to show people how a routine can make you profitable, you just gotta stick out the draw down periods and ride the non draw down periods. Nothing else. IF people take just one thing away from joining i hope it is “i also need a plan like this guy has” and then go about either finding one or creating one to match the trading style they have.
I wish everybody all the best when navigating the shark infested forex waters and i may see you on the twitter stream where the robot is currently tweeting some entries with charts sl tp positive risk:reward etc etc etc ( cost is $0 for that access, what do you have to lose… apart from your capital… lolz jokes )
Cheers
Adam
i cant post links just yet but i will follow up soon.
no sales pitch notice i said $0 ?? kthx
Looking for a valid link from you for detailed information.
just head to the twitter zonetradez account. that’s all i can post for now since i cannot post links. there is more information available inside the profile.
Since this thread is here i will start posting charts after the fact. This is going to mirror what the members get but delayed by 24 hours. Hopefully this will provide insight into what is being provided rather than you having to put money up just to find out. Nobody wants to pay to see if they like the service. I personally wouldn’t pay for such a thing. I do not offer free trials as i provided a solid 4 months of signals (for free) on the @FXDT_ALERTS stream on twitter. most of the current subscribers are from that twitter account and understand how i operate. Obviously this does not help anybody here as they cannot see anything in real time. This is why i will post here daily what happened yesterday. I cannot post things in real time as it is not fair to people who are paying money to get that.
Having said that i do sometimes throw out a setup on the twitter stream but it is rare. I don’t expect anybody to join nor am i asking you to join. What i do expect is a respectful constructive thread. The way i operate suits me and my trading style, That is all i care about, Me and my style.
I spend probably 30 minutes to 90 minutes a day at the screen then i call it quits. I do not sit here all day watching as i find it tiresome and uneventful. I only trade the daily time frame (or higher) and i only trade two (2) candlestick formations coupled with many “patterns”. All of this information is not a secret it was used by people before me and it will be used after me.
The million dollar question is “Can you handle a draw down period”? or are you one of those people who thinks by changing trading systems you can make the markets move the way you want? Such things are a fool errand and i wont entertain such comments or suggestions here.
I will post the most recent entry for Members who are currently sitting in a free trade. I cannot post today’s setup until tomorrow (if u want real time join the rest of the members that’s the only way you get it) Other wise hang around and just watch what pops up it will cost you a few clicks of your mouse button to get into this thread and not a penny more.
Am i going to claim a high win rate and say i don’t lose? No! And i will make a point here by posting this months current trade log which shows a lot of losers. This is the draw down period i speak of. I am starting this thread by saying i am sitting in draw down. i hope that scares 90% of people away because 98% or people lose money anyway so they aren’t ever going to be able to follow a plan ( good go and install the next 100 pips a day indicator and let me trade in peace)
I cannot even remember the last time i came across a thread where someone was saying this is what i do but i’m currently sitting in draw down period for the month. Nobody starts a thread that way they all wait until they are in the money then post after the fact in the money useless charts nobody can do anything with. To some degree mine will also be useless but not always.
Current Months Trade Log @ -91 pips YES I SAID NEGATIVE 91 PIPS (CLOSED only DOESN’T include ACTIVE)
Last Chart Sent To Members ( PLUS email screenshot for proof )
Some of you might recognise the name of the candlestick formation i have pointed out and that’s ok. Maybe you know it by that name maybe you call it a higher high lower close maybe you call it something totally different. I claim no credit to the name or the formation i was shown this by someone else and adopted the same name i was taught it to be called. I have created an indicator and robot based off my trading style which automatically scans for such setups which i will gladly show anybody who thinks i am not creating my own signals and posting my own charts.
I don’t normally establish new positions on a Friday so i may or may not post here then.
Cheers
Adam
Both Friday and Monday were muted sessions and accordingly there were no new trade setups.
This was yesterdays trade setup which is now well in the money.
Pair: EURNZD
Entry1: BUY Limit @ 1.5340
Stop Price: 1.5240
Target Price: 1.5540
Trade Risk: 0.5%
Risk Reward: 1:2
Analysis: EURNZD has been trading in a side ways range for sometime now after putting in a double bottom. Granted yesterdays NR7 DIB has broken to the down side but affter taking recent price action into account i have been suckered into a ton of similar entries only to have them reverse on me. This may produce the same results now it has sucked in any sell stops under neath the DIB, or it may just fall off a cliff and head back to the lows. The risk of setting a buy stop now has been severely decreased but this is trading after all.
Pair: EURNZD
Entry: BUY Stop @ 1.5500
Stop Price: 1.5400
Target Price: 1.5740
Trade Risk: 1.0%
Risk Reward: 1:2
Analysis: I am going to attempt to get into this on both a buy limit and buy stop. The Buy-Stop is a much lower risk that the Buy-Limit and i have adjusted the risk accordingly
Email Proof that the trades were called ahead of time (24hours)
This position is currently up about +200 pips
3 new trade alerts went out today but i cannot post this until tomorrow to keep it fair for paying members
Here is an updated chart showing entry vs current price levels
