Maximum profit/lose is 100/27

[Braylon0208]

Braylon…what are the rules?..lol…CCI is still green, supertrend is still green and flatish…not exactly signs to short yet! Are you going by “gut instinct” again?!..

You can right click on your MT4 chart and there is an option to save as a picture. Following that select the Active Chart option using 900 x 700 pixels. Save to your harddrive. Then in your post you can select the paperclip icon and upload your pic. I think I’ve posted how to imbed the larger view directly into your post after that…will get you the link to that post later.

I’m sorry. I guess I jumped the gun again but I’m up 28 pips so far.

[Joe100]

."Some people dream of success while others wake up and work hard at it. "Origin Unknown

Thank you admin, many traders could be get sneered.

[Joe100]

I do not like to wait too long but it’s the only way that can save my stop loss.

[Joe100]

[Joe100]

[Joe100]

Valid signal but danger. Becareful to go short.

[Braylon0208]

Joe, I am short on the gbp/usd since 1.6578. Do you anticipate this dropping any further? I was hoping that it would reach 1.6500.

[Joe100]

My target is too much ( greedy ) 400 pips :mad:

[Joe100]

Joe, I am short on the gbp/usd since 1.6578. Do you anticipate this dropping any further? I was hoping that it would reach 1.6500.

Hello Braylon0208, I suggest that you close your position and re-enter later after we have a valid signal.

I forgot the post number, but please back 5-7 pages and you can find my post about how to do money management. If your account grows 24% each month or 6% a week and you start from $5.000 with risk 2%, you can become Braylon Rich in the next 2 years .

Just 6% target each week or 24% a month. And the way to reach that target is to open position according to our valid signal.

Happy trading

[Joe100]

[Firstfx]

Hi Joe,

I would like to use your indicators. Can you please pm me regarding this.

Thanks
Frank

[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.

If your target is 6% a week or 24% a month and you never withdraw the money within 14 months from now, your $5.000 deposit will grow to $100.000.
Weekly target 6%
30-Sep-09 $ 5,000 24% $ 1,200 $ 6,200
31-Oct-09 $ 6,200 24% $ 1,488 $ 7,688
30-Nov-09 $ 7,688 24% $ 1,845 $ 9,533
31-Dec-09 $ 9,533 24% $ 2,288 $ 11,821
31-Jan-10 $ 11,821 24% $ 2,837 $ 14,658
28-Feb-10 $ 14,658 24% $ 3,518 $ 18,176
31-Mar-10 $ 18,176 24% $ 4,362 $ 22,538
30-Apr-10 $ 22,538 24% $ 5,409 $ 27,948
31-May-10 $ 27,948 24% $ 6,707 $ 34,655
30-Jun-10 $ 34,655 24% $ 8,317 $ 42,972
31-Jul-10 $ 42,972 24% $ 10,313 $ 53,285
31-Aug-10 $ 53,285 24% $ 12,789 $ 66,074
30-Sep-10 $ 66,074 24% $ 15,858 $ 81,932
31-Oct-10 $ 81,932 24% $ 19,664 $ 101,595

[Joe100]

Please always remember this: If you can afford to lose 2%, you must expect to win at least 4%. My point is, if you risk $ 100 from one position then you should get at least $ 200 from that position. So if you win 2 times a week (8%) , then you’ve actually achieved your weekly target.

From this point you must start your winning forex trading.

Happy trading

[Joe100]

Hi Joe,

I would like to use your indicators. Can you please pm me regarding this.

Thanks
Frank

Hello Frank, please open my profile and you will find the link.

Happy trading

[Sweet_Pip]

Hello bro, please back to post 441. I don’t use arrow for scalping, I look for candle formation. I suggest that you try this method with virtual money for 3 days .

Happy trading

Hi Joe…another slow period…lol

What candle formations do you look for?

Thanks

[fsprea]

Hallo Joe,
thank you very much for your many messages and charts. Someone is a bit cryptic, like the exchange with the administrator…:

."Some people dream of success while others wake up and work hard at it. "Origin Unknown

Thank you admin, many traders could be get sneered.

???

Sorry, but I want to understand what I made wrong concerning your method. Yesterday I reported three different trades. One hit stop loss at the very beginning, the other two were closed at break even, so again did not produced the desired effect. As I think I have followed the rules of your system for what concerns the indicators, and know that much depends on the other analysis that there is behind, I ask you (or anybody else) to comment with me these results, helping me understanding where I am wrong. Of course I will paste here the situation as I could saw it while it was happening. Judging a chart the day after, is alwalys BY FAR easier!
As there are also some differences between mine and the charts you pasted here this night (for me) I tried to build up pictures correspondingly when needed.

Here we start with USDCAD: the one that hit stop loss few minutes after I started it. I went short. Please see pictures and comments therein.

[fsprea]

OK: this is the second.
Here I think the setup was again strong, and I was just unlucky with the take profit.
Being unable to stay in front of the screen, I think I would have had a lot of help from a script trailing my stop loss to the supertrend.
What do you think about.
Joe, please, again, notice the ENORMOUS difference between your kinoCCI and mine. I’m using 34-170. What are your parameters???

Bye

Fabio

[fsprea]

OK, here is my last.
Please, I hope that everybody agrees here. The aim is not to “make me a favour” and comment “MY” trades. I am quite convinced that commenting these, we ALL can learn something.

Bye and a happy trading day to all!

Fabio

[Sweet_Pip]

Sorry, but I want to understand what I made wrong concerning your method. Yesterday I reported three different trades. One hit stop loss at the very beginning, the other two were closed at break even, so again did not produced the desired effect. As I think I have followed the rules of your system for what concerns the indicators, and know that much depends on the other analysis that there is behind, I ask you (or anybody else) to comment with me these results, helping me understanding where I am wrong. Of course I will paste here the situation [I]as I could saw it while it was happening[/I]. Judging a chart the day after, is alwalys BY FAR easier!
As there are also some differences between mine and the charts you pasted here this night (for me) I tried to build up pictures correspondingly when needed.

Here we start with USDCAD: the one that hit stop loss few minutes after I started it. I went short. Please see pictures and comments therein.

My chart shows the same as yours. I’m thinking Joe tinkers with his CCI settings…lol. I tried a few different numbers and without spending too much time on it, it seems the numbers 20 & 60 matched his USDCAD CCI in that pic.

It would be reasonable that different pairs would need different settings due to their range, session, & behaviour…and that it’s not a “one setting fits all” indicator. So How to determine which settings for what pair for what session is challenging.

Maybe that’s why he’s not trading the EURJPY & GBPJPY cause he hasn’t figured out the settings for them yet

[Firstfx]

Fabio,

I just downloaded the indicators and the color bars at the bottom of my charts appear to be the same as what you have.

However as you have shown our indicators are different in colour than what Joe has so I am also wondering why the difference.