Hi,
Yes you have it!
I have still to post my daily high/low method which will help eliminate false signals and give you better direction.
Like I said on the post above, for some reason the babypips forum wont let me start a new thread:confused: in order to do this.
I can’t progress and show everyone how to bring it all together until they let me make a new thread with the daily high/low method.
Sent them 2 emails and still have no reply.
Davie
Sorry, forgot to ask , do you take into consideration news items for the morning before any trades ? ie anything red new itemed you leave or do you just trade what you see ?
( come on babypips, can you allow the new thread if this completes the help Davie is giving for this strategy please ?
many thanks
its weird. i did not rx any emails from you. my email cannot be wrong as i do rx notification when there is any reply to this thread. 
by the way, for today, if traded using this method, will be a loss. am i right?
R1 1.3278
PP 1.3229
S1 1.3176
Between 0000-0730, the candles did not touch R1, PP & S1. Hence, we should adopt CLEAR AIR RULES. However, the 0730 candle closed below the moving average. Hence, we should go SHORT, but today generally is a uptrend day. Pls advise did I interpret your method correctly? Thanks.
and like badbactim, i am lost between a CPB trade and a CPR trade. :o
Hi,
Yes today was a bit choppy this morning and it would have resulted in a controlled lose.
The way it goes sometimes.
Hence why I’ am keen to post the 4th part of my trading series on here to complete it.
If you know the 4th part you would not have went short today. But until babypips get there finger out there ass and let me make the 4th thread, I can’t do much.
This is the problem with money oriented websites/forums, all they think about is how much cash they make from potential sponsers or current sponsers.
Davie
but stop loss will be hit by now. 
This is why you need the 4th method. The videos will be up soon on the other thread. Again today you would not have bought the EUR/USD using this method becasue the main method was showing a reversal just like yesterday.
On this thread I will just post a chart showing the set up based purly on this method for a week. But over all you will need the daily high/low method to fine tune these.
Keep an eye on my new thread MrSpreadBetting daily high/low as this is how I put it all together.
I should have the 1st video uploaded by the afternoon.
Davie
Dear Mr SpreadBetting
Thank you for all the effort you have gone to in posting your strategies. I have been trading a year now and thank God I have not lo0st any money to date. I lead a busy lifestyle (working fulltime and the kids) thus my time to trade is limited. I look fwd to demo ing your strats and hopefully getting consistant weekly returns.
Thanks once again.
i actually tried on my demo acct. however, i set the wrong stop loss. my SL was 1.3400 (shd be 1.3430 instead) & TP at 1.3490. entry was abt 1.3460. therefore, my SL did not get hit and it closed at my TP.
haha… risking 60 pips for profit of 30 pips. 
Hi,
Remember that it is only a guide. One of the things that I do not like to make to mechanical is the take profit levels as if the ‘trader’ thinks price will reach another level then thats what they should aim for.
Profit targets are opinions, the targets that I have outlined in this system are the minimum requirements, but like I said above, every trader will have there own opinion and read on where price is likely to head to.
As another minimum requirement a trader should not take a trade/place a trade if there minimum target level is not equal to or greater than their risk.
But glad it worked out for you.
ps. I posted the daily high/low video 1 wich should help.
More videos to follow.
yeah, got what you mean. but 7.30 london time is late noon for me which is my working hours. i am unable to sit and watch for the action. can only set and auto-pilot it. hence, R1/PP/S1 will be my safest bet for TP.
i am 1/2 way thru the video. already have questions and will have more. will post in the other thread. :o
So MrSpreadBetting, since todays price action since midnight gmt has touched the daily S1 level, will you be looking to go long based on your S&R rules? Or since price has fell below yesterday’s low by more than 50 pips, reversal is unlikely therefore long is prohibited according to your daily high/low method?
thanks
yeah, for today, shd we be trading? If I trade purely based on this method. My SL, 1.3270, is not triggered yet. But my TP, 1.3408, is too not triggered yet. transaction will still be going on.
all 4 days this week were a loss. although still in the positive if you count since the beginning of the month…i’ll reserve judgement until we can see some substantial backtesting results.
MrSpreadBetting:
Could you kindly comment on the above posters post as to wether this is true about the last 4 days this week being a loss? Also could you clarify if any of these could have been avoided by using the daily high/low setup on the side for confirmation before taking these losing trades?
Maybe even a video for this weeks trades would be AWESOME! :->
Would be GREATLY appreciated. By the way, in your daily high/low video, when you’re talking about the price breaking out out of the high or low points by x amount of pips, are you saying 30 pips or 50 pips? Cant quite make it out even though im British lol. The rest is fine to understand 
Cheers for sharing your knowledge and methods, very much appreciated mate.
Hi,
I have not been trading this week due to personal issues, this is the first time since Monday I have been here I think.
Anyway, the daily high/low method is vital to this method, remember I have said many times now that no other method that I have posted overrides the daily high/low method.
Today based on the EUR/USD PA we would want to go short at the close of the 07:30 candle, BUT if you check my daily high/low method you will see we were trading 50+ pips from yesterdays high.
I don’t have the time to go through all of this weeks charts just now.
I would recomend that you first study the daily high low method, then use this method here as a trigger method if it lines up with the daily high/low.
What would be the best way to setup the moving average you’re using in Mt4? I.e, with what settings? 15 ema, sma, wma? any other settings?
Cant get access to any it-finance charts just right now.
Thanks for the help
Ladies and gentlemen please be aware that Mrs Preadbetting is a rubbish little scam artist. He’s been trying to flog his crappy methods for a few years now in the UK. He’s been found out and exposed no end of times for the pathetic little charlatan he is. His stuff does NOT work and you’ll lose loads if you follow his rubbish methods. Just google david robertson forex scam and other stuff to get a handle on this fool.
Please don’t give him the time of day. The man is a nobody that tried to rip other methods off and pass them as off as his own. When he was found out he then tried to cobble together some other ****e which if you follow will put you in the poor house along with him.
I think he runs his scams from his bedroom in his mothers council house. There’s plenty of suckers in the UK that fell for him. Please don’t be another.
Hi,
Just wondering if anyone has used this specific system to trade succefully. Although in the video mrspreadbetting shows 4 profitable trdaes in same week another member(mozdef) has lost 4 in a row but he did say he is in overall profit.
also, mrspreadbetting hasnt come along to defend himself yet.
This sounds like another London Breakout system. But SL seems to be too huge. What’s the backtest result for this?
