Maximum profit/lose is 100/27

[Joe100]

Hello Sweet Pips , Hello Fabio, Hello ThePhoenix and hello all

After re-reading all page, I realized that my English language is inadequate, and this is the reason that limits my ability to describe my method. Even worse if I explain in ET language. LOL

Sweet Pips, Fabio and ThePhoenix, I really appreciate all your opinions and we will discuss and analyze the charts for our mutual benefit.

[Joe100]

I’ve mentioned before that 150 pips a week from each of the main pair, will make our accounts grow larger and we can make it. So we do not need to rush in the open position. Do not ever (when you shock in front of your monitor to see prices suddenly move 50 pips or more) to sales in the bottom area or buy on top areas (except in a very strong trend).

Let us learn the five major charts, to test our abilities.

[Joe100]

Let’s start with USDCAD pair. 31 Aug - 04 Sep, did we have a chance to get 150 pips from this pair?

Based on our method, in which candle we should buy on 31 Aug?

[Sweet_Pip]

Let’s start with USDCAD pair. 31 Aug - 04 Sep, did we have a chance to get 150 pips from this pair?

Based on our method, in which candle we should buy on 31 Aug?

Dumb question but do you want us to answer or are you doing the whole analysis as example? :o

[Joe100]

Long 1.0925 closed 1.1064

[Joe100]

Dumb question but do you want us to answer or are you doing the whole analysis as example? :o

Thank you Sweet Pip, I prefer that we discuss, but let me finish my analysis of this pair first, then we will be discussion.

[Joe100]

Let us see the chart from a long distance in order for you to understand that there was a very strong resistance at the top area . This chart is 1htf.

USDCAD made double top again after she traveled from the date of August 19.

[Joe100]

Back to 30m

[Joe100]

Sweet Pip, I’m sure we can get more pips if we work together every day. My point is, we must discuss before opening the pending/instant order, so that we can get the same pips every day from various pairs.

[ThePhoenix]

Thanks joe, becoming much clearer. Two questions???

1. Is the 5.3.3. stochastic used for exact entry? Or are you waiting for a retrace to the supertrend line?

2. Is the secondary CCI needed? I have the main one, but not the faster one you have shown. If it is could you please post the settings for it or the indicator it’self?

[Braylon0208]

Which sessions are you guys trading? I’m going to begin following this thread. I want to get in on some of the trades as well. I’m demoing right now.

I’m trying to get an understanding of the system/indicators but I’m having a difficult time.

[imran84]

Hello Fabio, daily trading is very suitable for traders who follow the trend. But it depends on the character of these traders. There are traders who want to make a profit in the short term, although the results a little bit, but there are traders who are able to overcome his emotions, and patiently waiting for a big payoff in a few weeks. Actually all traders want to make a profit as much as possible in a short time, but they face the fact that the forex market does not keep trending, and because of lack of patience, much less for forcing open a position in the wrong place and this is what makes their accounts up and down and over time will run out.

From my experience so far, I can see that there is a specific code, for any particular trader, who, though not to know each other, they will move in the same direction after seeing this code appears in the chart. This code usually appears on all major pairs and are most often pair GBPUSD, EURUSD and USDJPY. After learning of this code, you’ll be laughing all day pleasure.

Happy trading

Hi Joe i want to know you have mentioned in this post about the code for GBPUSD, EURUSD and USDJPY can u tell me what codes you are talking about sorry from being a pain thanks

[Sweet_Pip]

Sweet Pip, I’m sure we can get more pips if we work together every day. My point is, we must discuss before opening the pending/instant order, so that we can get the same pips every day from various pairs.

I would love to do that but have a full time job that in my timezone only allows me to trade during the Asian session (after work), and either the first couple hours of the London session (before bed) or, if I got up earlier, the last 3 hours of the London session (before work), and then the last hour of the US session (my lunch hour). Hopefully we can work something out then.

Thanks

[Pipadee]

Hi Joe100 I am a newbie trying to find a way to make some pips. I am very interested in what you are doing and would like to see if I can learn it. Please can you pm me the indicators you are using. Thanks in advance.

[Joe100]

Thanks joe, becoming much clearer. Two questions???

1. Is the 5.3.3. stochastic used for exact entry? Or are you waiting for a retrace to the supertrend line?

2. Is the secondary CCI needed? I have the main one, but not the faster one you have shown. If it is could you please post the settings for it or the indicator it’self?

Hello Phoenix,

1. Stoch is useful to look oversold / bought. So if you see a double top in 1htf and stoch indicates oversold then you have to go back to 30m to find a good chance to sell.

Sometimes supertrend is too late to give a valid signal, as you can see in this case, we got a good valid signal for long positions, while for short positions we only got the tail. We need long experience to recognize this reversal pattern.

2. Faster CCI is 12,30

[Joe100]

Which sessions are you guys trading? I’m going to begin following this thread. I want to get in on some of the trades as well. I’m demoing right now.

I’m trying to get an understanding of the system/indicators but I’m having a difficult time.

The best time to trade is European and the U.S. session as more traders are involved. We will analyze the pair before we open order, so you can open pending order if you have other activities.

Happy trading

[Joe100]

Hi Joe100 I am a newbie trying to find a way to make some pips. I am very interested in what you are doing and would like to see if I can learn it. Please can you pm me the indicators you are using. Thanks in advance.

Hello Pipadee, please check your pm.

[Joe100]

I would love to do that but have a full time job that in my timezone only allows me to trade during the Asian session (after work), and either the first couple hours of the London session (before bed) or, if I got up earlier, the last 3 hours of the London session (before work), and then the last hour of the US session (my lunch hour). Hopefully we can work something out then.

Thanks

Sure we can, and I am very confident that we can meet our weekly goals.

[Joe100]

Hi Joe100 I am a newbie trying to find a way to make some pips. I am very interested in what you are doing and would like to see if I can learn it. Please can you pm me the indicators you are using. Thanks in advance.

Hello Pipadee, let us learn together how to manage money and how to analyze charts.

[Joe100]

For example you have an initial deposit of $ 5.000 on August 1, you chose to trade based on this method, and the maximum loss you can tolerate is 2% of each transaction. So if you lose, the amount of that loss is 2% x $ 5.000 = $ 100. If you win, you will gain 4%-5% x $5.000 = $200 - $250.

SL= 27 pips
$5.000 x 2% = $100
$100 : 27 pips = $3.7
Your entry must be : Long : USDCAD 1.0600 SL 1.0573 Target 1.0700
Amount $ 370.

SL 50 pips
$5.000 x 2% = $100
$100 : 50 pips =$ 2
Your entry must be : Long : USDCAD 1.0600 SL 1.0550 Target 1.0800 Amount $200.