Simple & almost naked. The dream date or the dream system?

Amazing setup on the GBP/USD today! 200+ pip move.


Thank’s for sharing your system Blizard
I’ve made 5.31% in just 4 days live account
Cheers!

Hi christinaa, its a pleasure having you on the webinars and thanks for helping us trade! Im sure the next few months are going to be very exciting for all involved.

Can someone please explain me how to trade the latest sytem? I’ve noticed that blizard is tradingbvery differently than the original explained system.

Hi Blizard,

I will include a chart from eur/usd 1 minute.15 june
the question is was this a valid entry?
trendline is broken, put stoploss on yellow dot, price makes retracement to 38,2 now go short…

the outcome of the trade was negative, but I look back step by step.
after my screen shot a purple dot came . so what are you doing when that happens?

regrds
dutchfx


Thats a great entry, you will have a continuation down for a few pips usually and yes the yellow dot is a valid place to put SL. Once you have a break in the trendline, i would NOT enter the fib retracement.

thanks

HI apfrezza, the new system simply combines the fib pull backs and also brekouts. In the below example, the fib pull back occurred well before the breakout but you can still trade the breakout if you had missed the fib pull back to 61%. In my chart you will see the price pullback to the 38-23% which is really the 61-76%, i just draw the fibs upside down to see the 161 and 261 % extensions.


Hi Blizard,

thanks for youre comments on the chart about the entry of the eur/usd.
So normally when a trendline is broken , you will not use the fibonacchi retracements?
where do you take profit if you don’t use the fibonacchi targets>

regards Dutch fx

Hi my friends,
Yet test for 2 or 3 weeks before Real.
i have lots of lose on Fibs Strategy, so now i trade only on breakout line and horizontal line.
i would like know, for you, the goods pairs for this strategy.
For me, strategy works on :

  • EURUSD M1
  • EURUSD M5
  • EURUSD H1
  • GBPUSD M5

What about for you on AUDUSD ? EURGBP ?USDCAD ? GBYJPY (only on asiatic session ?) ? EURJPY (only on asiatic session?), USDJPY (only on asiatic session) ?
Blizard, you trade only on EURUSD you ?
Thks for your replys.

Sorry for my bad english.

Hi don’t forget with the indecision with the greek vote last sunday they are re-voting tomorrow, so i think all the currency pairs have been a bit insane this week and more un-predicatable than normal :wink:

I think once Greece votes one way or another then everything will start to settle down i hope. So i would not go live yet as if there is another greek vote like last week without a winner we could have another week of indecision with the euro and all other pairs.

for me my trading has been awful this week, but its not down to the strategy, just the insanity that is going on with Spain being on the verge of needing a greek style bailout, greece’s voting (one party will follow strict austerity measures, the other wont which means one party will stay in the euro. Also Japans economy being on the brink also.

With regards to pairs, this strategy works on all pairs, timeframes including not currency pairs like the Oil, Gold, Silver which a number of members here have traded.

I think once the Greece thing settles down one way of another things will be better, not great, but better.

Correct me if im wrong guys :slight_smile:

How has everyones trading gone this week?

week summary:

eurusd: -45 pips,
gbpusd +16
gbpaud +40
gbpjpy: -35
eurjpy: -28
gbpnzd:+52
nzdusd: -36
audcad: +18
gbpcad: +31
usdjpy: +2
usdcad: -15
eurgbp: -26
audusd: +13

total trading forex: -13 pips. On thursday and specially friday i lost all i had earned the previous days. Some of the exotic currencies i have traded seems to work perfectly with this system, despite the fact they have high spread.

usoil: +270
xauusd:-75
xagusd: -15
Esp35: +89
Ita40: +191
Ger30: -45
ToTal cfds+usoil+gold+silver= 415
Catched nice breakouts with them this week.

We’ve seen some fancy staff here, anyone has a consistent method how to evaluate a trade signal based on # 1 post?
I’d like to see that.

Lets get ready to trade:

“The leader of Greece’s center-right, pro-bailout New Democracy party claimed “a victory for all Europe” after topping Sunday’s parliamentary elections, a vote seen as a referendum on the survival of the continent’s common currency.”

CNN

Looking forward to trading at 2AM

Registration URL: https://attendee.gotowebinar.com/1zt...25621318840320
Webinar ID: 134-252-715

thanks

how was everyones weekend?.. hope everyones well and looking forward to the webinar

hi sandy long story short i agree with you 100%. i know everyone cant realistically make the webinars but ive been attending them and its really helpfull and we all consult and help eachother out on potential trades. also love the fact that soo may members are contributing to the strategy slowly fine tuning it

hi blizzard i clicked on the link it said url not found :s

morning guys … having trouble finding the link to the webinar … anyone else having the same issue?

couldnt get/find access to the webinar but got 15 pips :)… now time to watch the dream team documentary and back to bed good day all!

oh, that was a nice morning, +80 pips, 9 trades 0 fake breakouts, i love mondays ^^.