Ichimactastic Trading System

gbraidotti · April 9, 2013, 5:32pm

Thats another question… I didn`t quite get it how the macd works here.

munz95 · April 9, 2013, 5:43pm

The MACD being bullish or bearish does NOT matter to the requirements to make a trade with Ichimactastic. It being bullish or bearish can add to the other indicators as an extra, but again it is not required. The only requirement when using the MACD is that if the 2 lines on the MACD would cross bullish at the same time as the Stochastic crosses bearish then it negates the Stochastic. You can wait a little bit and then make the trade if the trade still meets the requirements. The reason for this is that I feel that the MACD lines crossing is a more powerful signal than the Stochastics crossing and that it will affect the market psychology in that traders will use the MACD in this situation instead of the Stochastic. Sorry if that doesn’t make any sense. Also sorry for rambling.

munz95 · April 9, 2013, 5:44pm

Also how could I possibly bring this to a vote for the System of the Month?

munz95 · April 10, 2013, 2:40pm

Does anyone else have any questions?

gkawa22 · April 10, 2013, 4:02pm

I really hope it was a typo when you mention risk is 50 percent of capital. Hope you understand risk shall never be more then 2-4 percent and 2 percent is more of a standard with the successful traders.

munz95 · April 10, 2013, 5:28pm

I meant 50 percent. I reject that popular opinion that 2-4 percent is better.

StealthM93 · April 10, 2013, 9:55pm

If you could show more examples, including the MACD, that would be great.

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vvv That’s ballsy! Hey, if you gonna go down (not saying you are), then go down with guns a-blazin’!! vvv

munz95 · April 10, 2013, 11:36pm

I’ll post a screen shot with the macd tomorrow! I want to get rich. There is no way you will make $$ unless you risk big.

munz95 · April 11, 2013, 3:48pm

Just a little bit and I will have it

cmb · April 11, 2013, 4:16pm

maybe we should go somwhere inbetween…15% stop? lool

munz95 · April 11, 2013, 4:24pm

Stop loss is set on support and resistance levels. Trailing stop after goal has been reached is moved to 25% of the goal

gkawa22 · April 12, 2013, 1:26am

Wish you the best. Hope you can last more then two stop outs! :). I have a better idea. You could start a zulu trade account and be #1 ontop. You would get paid a commission and I would be your number one follower.

munz95 · April 12, 2013, 4:35pm

With a goal of say 20 pips five pips would be my stop loss. I could survive that lol.