Got stopped out of my Aus/usd tarde: +309 pips.
My eur/usd still open: +230 atm
Got stopped out of my Aus/usd tarde: +309 pips.
My eur/usd still open: +230 atm
Took GU short on H4 this morning, Gas…following your rules…
Actually…this is not following your entry rules…you would enter on a cross of the midband, right? I entered on a valid CBL formed from that extreme candle @12:00
Hey RMS I dont take 4h trades on GU, only dailys, buy yes seems like a good setup, with the middle band in your favour and in the direction of the big trend (down). There were 2 very visible entries in the last 2 weeks on the 4h charts for GU.
AUS/USD: with the middle band against us in the 4h timeframe, but next support is 500 pips below at 0.9380 (last month low), so it could be a good trade.
EUR/USD: good set up forming. I have a sell order at 1.3260
why 1.3260 on EU ? that seems kind of far away from the center boll
Because Im using two filters: middle band and yesterday low. I have notices that the middle band is starting to go flat, that means that momentum is losing strenght, that is why I need more filters to take the trade.
Ok im understanding it better now
Ok , none of my trades activated. Thats why is important to use that second filter!
Got stopped out of my first lot of EU: +175 pips!
Market is in a retracement right, but looks like it will continue with the trend soon. Lets see, Im placing a sell order on EUR/USD at 1.3280
I will be posting my results from November later! I have charts of all the entries, w/l , r/r ratios, and some other data you will find interesting!
happy trading!
Ok no more tardes for November…so Im uploading a fil with the results.
In the first sheet you can see the summary of all my trades made in November, w/l ratio, r/r ratio. In the second and thir sheet you can see the charts when I made the entries so you can get familiarized with the set ups. As you can see in the first week I got stopped out at BE and I had 1 losing trades, I made those entries with the middle band against me so that confirms that is more difficult to tarde when the middle band is against you, it is profitable but sometimes it works and sometimes not…it takes practice to master.
I made 701 pips in Novmber, with a w/l ratio of 75% and a r/r of 1.63. I doesn matter how many pips you make each month, as long as you can do it every single monht: consistency.
The most important aspect of the trades is not the entry point, for me is to always trades in the direction of the big trend. As you can see in my charts I dont counter trend, I take trades following the market.
Feel free to ask any questions
Noviembre.zip (185 KB)
Hello there Gasanvill… First of all i’d like to say that i am pleased to follow a thread like yours and too see such a good strategy taking place that u have welcomed to others with al ur heart… and it is very nice to see u share ur own working profitable strategy and to see u helping others… may God bless u.
I havent yet taken any trades on this strategy yet, but i am planing to very soon and take it on full time.
if u remember i was one of the first to coment on this thread of yours…
I had a question if u dont mind answering… u mentioned tht u traded on the 1 hour time frames before u came on to trading the 4 hour and daily time frames… and tht u wer realy profitable on the 1 hour TF… was that using this same strategy of the 20,2 BB on the 1 hour TF tht u used? or was it a diferent strategy based on a diferent concept?
also your november trades and pips made were very informative… i’l look forward to your december summary too if u plan on doing it…i dont knw if u hav summaries of the previous months…
anyway great to see ur strategy… wish u al the best in ur future trading and to al the rest who take on the same strategy… :41:
What broker you use? I hope its not a military secret. lol
ALPARI UK…so far so good
ok, looks like dollar is ready to go up againn,
Im following aus/usd and nzd/usd on the DAILY CHART.Good set ups are forming
Hey IM glad to hear you like my system!
For 1h trades the concept is the same, always trading in the direction of the 4h trend. But there are other things that change, because 1h charts are for day trading, that means that you have to make a backtest for each session (asian, Europe, usa) and for everyday, because not all pairs are profitable all days, and on all sessions. So for 1h trades there is a lot of work to do, and lot of more screen time. The good news is that I already did that work I will give you all this information if you want, but really my suggestion is to stick to 4h trades.
Took Eu short at 1.3370 on 4h chart
Looking close at aus/usd and nzd/usd on daily charts
Hi Gasanvill
Firstly, thanks for a very interesting system. I’m looking forward to testing this over the next few months. I’m keeping my eye on aus/usd too, and also usd/cad on the daily. How does that one look to you?
Nice system, Gas. I have long thought my best bet is to move to the higher TFs and drop daytrading off the 5m charts and I always appreciate seeing a system like this outlined. It seems very similar to flag trading, which I find to be very high-percentage.
However, only 4 trades in the month of November in your 4H timeframe? That’s definitely not many trades.
That’s 20 pips up, is it too late to get in? Targeting the montly low at 1.3209 ? I need to glance at the charts more often.
What makes money in the long term is not the number of trades, the more important thing is to make consistent pips every month. I used to make 10 trades a week when I was trading 1h chart, and my w/l was 60%, but since I changed to 4h and daily charts I usually have 5-10 trades a month, but thats not the most importatn thing, the most important thing is that my w/l ratio was increased to around 70%.