The goji system, for lack of a better name

hi all,

thanks lavaman, the a/u was a rocket ship straight up after the announcement. as indicated, i never trade news so i have had no experience. i have to believe that price went right through my order. good hearing from you, i hope you are doing exceptionally well.

the evenings trade:

7:10 short, .6795
8:00 exit, .6784, +11, +26, i’ve come to realize you have to be more patient at 7:00 pm. right after i closed, the a/u tanked!

march total, +288

2:00 +82
8:00 +75
3:00 +72
7:00 +83 (-39)

see you at 2:00 am

goji, bernie

Hi All,

I didn’t get a chance to post yesterday but to keep a long story short, I took one trade yesterday and lost 20pips. I didn’t feel like taking anymore trades for some reason. I think I felt that way because I missed a really good trade yesterday. I was trying to find out if there were any news and while I was doing that I missed the signal and by the time I looked at it, the price had moved past the entry price and I decided not to enter. The I just took the next trade at the next signal and that one hit my s/l.

Today I had a decent day, I took two trades and first one hit my S/L. The second one hit my TP so I netted 10 PIPS for the day and then I decided to call it a day while I was ahead. I don’t think I broke any rules today so I am happy about that. :slight_smile:

Also, I won’t be trading the 3pm and 7pm sessions. I will stick to just the morning session and see how that works out.

total for the day +10
Total for the month +55
See you guys in the morning.

hi all, fx,

if you have a head set and microphone you can join us on audio at 8:00 am. you would have to go back and read philbot from about a month ago to get the exact details. nice to see you are doing well. that’s what all this is about. the 2:00 am trade, actually, 1:15 am is when i was up and at them!

1:15 short, .6765
1:40 exit, .6754, +11

march total, +299

2:00 +93

see you at 8:00 am

goji, bernie

Hello Bernie, everyone,

I did not report yesterday trades, for the reason that there was actually nothing good to report. It’s been a quite frustrating week for me, it looks like everything is going the opposite way, I stay out - I miss good trades, I’m in - I pick up every loser possible.:o

There was a good example this morning:

7:30 - 10X long at 1.3515 - exit at SL -10, and right after I was stopped out, I watched it run 150pips up:mad:.

I think I’ll stay till 11am,

March total +45 so far:cool:.

hi all,

sorry, i will not be on the audio this morning. i was finished early again. chasing, hang in there, next week is coming. the morning trade:

7:35 long, .6814
7:45 exit, .6840 +26, +37

march total, +325

2:00 +93
8:00 +101

i’ll be back at 3:00

g, b

Bernie,

It’s just amazing, your results, I am starting to believe you got superpowers:D, it doesn’t matter what system you use, you’re constantly on the top!
I’m happy there are people like you out there, but I really have no logical explanation to this! It’s a kind of a gift, you know in advance what and when is or is not going to happen… Well, almost:D. Did you ever think of trading other people’s money in exchange for profit sharing?:smiley:

Meanwhile, I got a TP short trade and quit. I don’t want it to turn into a nightmare again:), will try 2am.

hi chasing,

please do not build me up that much. did you happen to see what happened to the a/u, RIGHT AFTER I GOT OUT THIS MORNING? the same thing happened last night. right after i got out, a large move which would have been in my favor occurred. well, if i knew what was going on, i certainly would have stayed. now, on the other hand, i am perfectly happy with the +11 and +26. no, i do not want to trade other people’s money. my entire approach is to try to eliminate all pressures from my trading. this is why i like the starc method. it gives me some targets. if you remember when we were on the audio the other day, i just knew, i told you so, that price was going to drop farther. it actually went even farther than that, but with the old goji system there was no basis for that. heck, even today, i got out because of the cross and close above line one. if i was trading for others, you know some would complain because i didn’t capture the other 20-30-40 (whatever?) pips. so, thank you for the pleasant comments but no thanks on the trading for others. one final thought, however, i have offered to help out my son, my brother-in-law, and even a very good friend, and thus far, they all reject me, and they would be my biggest critics. wow, i haven’t been preaching for awhile, later! enough!

bernie

Hi Bernie, Chasingpips, et all,

I am done for the day. I had a pretty tough day today. I think today was one of those days when your patience really comes in handy. I am usually not a patient guy but I think I am starting to develop some patience in my trading and I give the credit to you Bernie. I learned a lot from this thread, from your posts and trades, how you are happy even with just +2 for the day, patient, good money management, and of course, you system.

Anyways, the trades from today,

EUR/USD SHORT AT 09:45:32 1.36515 CLOSE AT 1.36336 +17.9, I broke my own rule and decided to close the trade and 17.9 instead of my usual 20 pips.

EUR/USD LONG AT 10:23:34 1.36714 CLOSE AT 1.36598 -11.6, One this trade I was supposed to enter at 1.3665 and the price moved up so quick that i got filled in at 1.36714. Also price reversed right after it hit my S/L.

EUR/USD SHORT AT 12:05:04 1.37078 CLOSED AT 1.36913 +16.5, I also had a TP of 20 on this trade and then for some reason I chickened out and closed for 16.5. It did go down below 20pips.

Total for the day +22.8
Total for the month +77.8

See you guys in the morning.

Hi chasingpips,

I know exactly how you feel. Same thing happened to me on my 2nd trade today, price reversed right after hitting my S/L.

Hi Bernie,

I will look up the previous threads on how to get set up on teamspeak and hopefully I’ll talk to you guys in the morning. I am however trading only the old goji system because my trade station does not have the starcs indicator so I won’t be able to trade you new system.

Thanks

hi all,

very slow at 3:00 pm today, after all of the big moves since yesterday. the afternoon trade:

2:55 long, .6859
3:37 exit, .6869 +10, +47

march total, +335

2:00 +93
8:00 +101
3:00 +82

back at 7:00 pm

g, b

hi all,

i had a really nice day today. i almost feel like taking the rest of the week off. i will not because i have only two trades left in the week anyway, at 2:00 am and at 8:00 am. i will only take one trade at 8:00 am regardless of how it goes. tonight’s trade:

7:20 long, .6873
8:03 exit, .6888, +15, +62

march total, +350

2:00 +93
8:00 +101
3:00 +82
7:00 +98 (-39)

see you at 2:00

g, bernie

hi all,

no audio again today. again i was in out of the market well before 8:00 am. the morning’s two trades:

1:55 long, .6862
2:15 exit, .6868 +6

7:35 short, .6893
7:40 exit, .6881 +12, +18

march total, +368

2:00 +99
8:00 +113
3:00 +82
7:00 +98 (-39)

have a great weekend every little body, big bodies, also!

goji, bernie

Hello Bernie, everyone,

I got a quite decent day in the end of a quite frustrating week.:stuck_out_tongue:

2:10 - 10X short at 1.3645 - exit at +5;

8:05 - 10X long at 1.3590 - 8:15exit at SL -10;

8:25 - 10X long at 1.3595 - exit at TP +13;

9:00 - 10X short at 1.3585 - TP +12.9;

9:40 - 10X long at 1.3585 - TP +12.9.

+33.8 for the day, +91.7 March.

:D: I probably should consider trading only on Fridays:D:D

Have a great weekend everyone

hi all,

it’s my birthday today. as such, i wanted to get in and make a trade and get out and enjoy my day. well, i did get in, to an old friend, the e/u, but the old friend was not very kind this morning. since it is my birthday, i am not going to take another trade now. i’ll be back at 3:00 pm. the morning’s trades:

2:00 long .6968
2:35 exit, .6980 +12

7:40 long, e/u, 1.3649
7:45 s/l to 1.3644
7:47 exit, 1.3644 -5, +7

march total, +375

2:00 +111
8:00 +108

later,

goji, bernie

Hi Goji (Bernie) & friends…

I’ve been going through this thread slowly over the last week and playing around with the “goji” system…

First up… thanks a lot for taking the time to post this, and your trades… i enjoyed going through them… also to the others who added bits here and there… it’s a great thread (and system).

Today I traded this system, but with a few mods of my own (I do use one indicator only-- the Slow Stochastic at 14,3,3).
I’m also a big fan of flicking through Time Frames… although like you, I start at the 5 minute if I have a few hours to sit and watch, but when I see an entry pass the 10 EMA in the 5min TF, I will switch to 10m or 15minutes and watch from there.

I don’t have a strict SL as such, which means I have to babysit the trades, but I watch higher time frames to work out the general trend, and if the trade is hitting resistance or support.

Tonight was a good one for the e/u… all up I made about 90pips tonight, but that was over about 5-6 hours. I’m GMT+11…

Anyone who caught the rejection of yesterday’s e/u high would have grabbed a nice amount of pips (50-100)… and it started from the 5min chart, just as you’re using.

An example of how I trade is:

9:15pm : 5m : approached and crossed the 10ema, and closed. b=1.3646 + 4 spread =1.3651

10m : approached and crossed the 10ema, was oversold on an RSI or SS, closed above the ema.

15m : as above … stay in the trade.

9:33pm : 1 hour TF was off and not looking anything like it was going to go up… the 5m was hitting resistance. Exit = 1.3666 (+15p)

Of course this works better in a ranging market of up/down, like the e/u today… but you can still catch the trend on rebounds if the 5m crosses and closes above the 10ema.

D.

Hi Bernie, everyone,

Happy birthday Bernie, I wish you all the success and happiness in the world.
Forgive the old friend, they probably did not know it’s your birthday;)

I took two trades this morning:

7:45 - 10X short at 1.3640 - TP+12.9;

9:00 - 10X short at 1.3575 - TP+13.0.

+25.9 for the day, +120.6 March.

hi all, chasing, d-33,

d-33, you have done what i normally tell people they need to do. when you discover something that you feel comfortable with and have confidence in, it is a b-u-t-e-e-f-u-l t-i-n-g! i am pleased that i have had some success in helping in some regard. chasing, i do not know if you caught the timing of what happened this morning. i got in on a valid trade that went south and five minutes later you got in and got a TP trade. also, had i waited for a trade on the a/u, i would have had a decent trade. this morning was all about haste on my part and there is probably a good lesson here. even on one’s birthday, the market does not care, you have to put in the time, you have to do the work. today, i didn’t and it cost me, you did (chasing) and many kudos to you.

right now, i’m sot sure ifi am going to trade at 3:00 pm, but i will be back at 7:00 pm, for sure.

great job guys,

goji, bernie

Hi Bernie,

That was just a lucky coincedence that I did not catch that losing trade that you did. I just missed it, I connected a little bit later and reacted to the very first signal - the short one that turned out to be a TP trade. There were no “extra” considerations.:o

hi all,

well, my birthday will end with me at +21, i would have preferred +23 but will settle for the +21.

3:00 no trades

7:00 long, .7030
7:12 exit, .7044, +14, +21

march total, +389

2:00 +111
8:00 +108
3:00 +82
7:00 +112 (-39)

see you at 2:00 am

goji, bernie