[QUOTE=“Poseidonn;498696”]Looks like ILZ’s gone dark :)[/QUOTE]
Zero Dark 30 pips
First post here. I managed to read all 49 pages and have traded on demo and luckily have been profitable thus far. Funded last night and am going live today.
Thanks to ilz and all those who have made meaningful contributions to this thread.
Abrsive, will be following your progress closely as I’ll be trying to trade a similar modified plan applied to daily candles. (Can’t quit that day job yet).
For those trading this system on the Daily TF.
Looking at the pic below a good entry point to go short?
[QUOTE=“Hennessy;498989”]For those trading this system on the Daily TF.
Looking at the pic below a good entry point to go short?
<img src=“301 Moved Permanently”/>[/QUOTE]
It’s not the prettiest, but it’s not bad. Technically, the entry candle is the one before last. Price gapped up across sma over the weekend and then price, once again, crossed it to the downside. It’s a bit of a special one.
[B]abrsive[/B] i got question can you describe again your modifications of this system how u use it what did you changed in rules for you entry and close trades etc. ?
This must be a joke…haha
If not, I’d suggest going back and re-reading the last few pages because he has already clearly explained it a couple of times now. Asking him to repost is just going to clutter the thread with the same information. If you are having trouble understanding a certain aspect of it, feel free to ask a more specific question and either he or someone else can then help you out. Good luck!
[QUOTE=“irvinfitness;499072”]
This must be a joke…haha
If not, I’d suggest going back and re-reading the last few pages because he has already clearly explained it a couple of times now. Asking him to repost is just going to clutter the thread with the same information. If you are having trouble understanding a certain aspect of it, feel free to ask a more specific question and either he or someone else can then help you out. Good luck![/QUOTE]
Irvinfitness is right… and this is not even my thread. I don’t really have the time, nor is it my intention to have this thread change its direction.
The provided system is designed for a 4H TF. My adaptation to the D1 is a personal one that responds to my needs, my personality and my trading experience. Anyone, can and should do the same.
It’s too bad Ilz is not around, it’s his baby.
I think, you said right. Making similar posts again and again will be a waste of time and space. So, just go through the whole posts before posting anything in the forum.
Yes, that’s sad. Would be interesting to know why…
By the way, Poseidonn, how is your testing going (back and forward)? Any major improvement/discovery?
DUNN u r 100 % right and also u r waist space now with this discussion . English is not my native lang and i also post on abrsive profile but i didnt get responce. so i asked here again i do not have all day to search this long thread again
I think it is too early. According to the rules, you need to wait until the next candle. You should go into the trade, only if the current candle closes above the resistance and the next one opens above the resistance.
If I am wrong, please correct me.
[QUOTE=“donsls;499288”]I think it is too early. According to the rules, you need to wait until the next candle. You should go into the trade, only if the current candle closes above the resistance and the next one opens above the resistance.
If I am wrong, please correct me.
[/QUOTE]
Right, but you can omit the opening part. It only applies for the new week’s opening candle. It’s the only one that can gap.
took the following trades at 5 p.m. est (june 11, 2013). Appreciate any comments.
e/u buy @ 1.3312
g/u buy @ 1.5646
I think this is a good trade to take.
Thanks. I try to enter long.
Hi Bogaskilop,
We understand and we are all working too. However, no matter how busy you are, if you are interested in making profit by using this Trend Runner, you must sacrifice your time to read, digest and fully understand what and how Ilz applies this strategy to 4H chart. This had been clearly explained in a simple English in the first few pages. Then, instead of using it for 4H TF, you apply it to your daily chart. As for SL, you can set it at a level comfortable to you as long as you give the trade enough breathing room. We don’t set our TP as we adjust SL depending on the reaction of the price and let the price stops us out.
I think it would be unfair and boring if someone just keep asking the same questions as we all here are making trial and error to see how this system works best for us. You must try yourself also if not on live account, you can try on your demo account.
[B]Abrsive[/B], thanks for sharing.
Happy trading!!
Took the following trade @ 9 a.m. EST (June 12, 2013). Appreciated your comments / suggestions.
U/C sell @ 1.0168
Yes don it was correct.