what next in Euro zone with Greek elections sunday

willscolf:
lucky me,my gold buy missed my stop loss by jst 2pips nd went on to hit tp of +170pips,dancing highlife.sorry i dnt post alert oo as i figure it often go agnst me weneva i do

LOL. NO USE LAFF WOUND ME ABEG. .DAT KIND ORIYOMI TIME, WHEN YOU GO JUST SHINE EYE TO LOOK UR CHART WELL TO SEE SAY SL REMAIN SMALL AND ALL OF A SUDDEN TP HIT ..YOU GO JUST SHOUT , THANKGOD OO

INTERESTING MARKET THOUGH

Just happy

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wapmasta001:


LOL. NO USE LAFF WOUND ME ABEG. .DAT KIND ORIYOMI TIME, WHEN YOU GO JUST SHINE EYE TO LOOK UR CHART WELL TO SEE SAY SL REMAIN SMALL AND ALL OF A SUDDEN TP HIT ..YOU GO JUST SHOUT , THANKGOD OO

INTERESTING MARKET THOUGH

i tel u bro

Optimisticgondy:
Thanks boss for sharing this with us. Did you also target triple of your risk in your backtest?

Sorry, but i just saw your post. I don't set a target, i just follow price and i take whatever it gives me. I do however lock in profits when price achieves a 3:1 by moving my stop close to it but not enough to get stopped out too quickly. One thing you must be cognisant of is what he said about the rules. It took me a while to get it; you only place a trade once price breaks and closes above/below the first candle preceding the low/high of the swing. In other words price must break and close inside the mid 21ema band. The number one thing to look out for is a hammer candlestick pattern which is the foundation of the swing. Over time you will start to discover moves that are almost 80 percent accurate. I have attached some charts of some of the signals the system gave me this week (even as i type this it just gave me a usdjpy trade and from what it says, it does not look good for jpy pairs) and what to look out for. The system made over 800 pips this week alone. Like i said un-freaking-believable. Remember, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest. Please and please, don't take my word for it.
Goodluck

Quote from Richard Dennis: “I always say that you could publish my trading rules in the newspaper and no one would follow them. The key is consistency and discipline. Almost anybody can make up a list of rules that are 80% as good as what we taught our people. What they couldn’t do is give them the confidence to stick to those rules even when things are going bad.” – From Market Wizards, by Jack D. Schwager

@ 12ema

That's what it is. Thanks boss.

boss 12ema which tf did u sugest to backtest it

omejeo:
boss 12ema which tf did u sugest to backtest it

The system is most effective on large time frames. I started with and still trade the 5min TF. You get a lot of noise and signals but the upside is, you always catch the beginning of a trend. I don't usually have time for that. Now i have migrated to the hourly, less signals but powerfull results. I would say backtest with the 15min TF.

12ema:


The system is most effective on large time frames. I started with and still trade the 5min TF. You get a lot of noise and signals but the upside is, you always catch the beginning of a trend. I don't usually have time for that. Now i have migrated to the hourly, less signals but powerfull results. I would say backtest with the 15min TF.

thanks boss

Homguy:
pls am having serious problems crediting my binary.com account, can anybody help out?

The fastest and the simplest form of funding is to fund through agent. Kindly visit our site www.etradexchange.net to fund your binary.com account using your VISA/MASTER DEBIT card.
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eTradeXchange:


The fastest and the simplest form of funding is to fund through agent. Kindly visit our site www.etradexchange.net to fund your binary.com account using your VISA/MASTER DEBIT card.
Or use direct bank deposit. Any means of depositing will get your binary account funded within minutes. If you need help, email our support.

ur price is too much N205 per dollar

omejeo:
ur price is too much N205 per dollar

the spread 205/185 = 30 is the standard amongst all exchangers

Good evening my brother and sister,My name is oluwatosin I am a newbies and I have pass through babypips, but I can not still understand it like that, pls I will be happy if somebody can help me out because I just open demo account with instaforex and xm but I dont know how to do anything there, pls I need your help sirs and mas

tociano009:
Good evening my brother and sister,My name is oluwatosin I am a newbies and I have pass through babypips, but I can not still understand it like that, pls I will be happy if somebody can help me out because I just open demo account with instaforex and xm but I dont know how to do anything there, pls I need your help sirs and mas

Well, since U're already registered with XM, avail yourself of tutorials on their site. If U need more assistance U can open a live account through the link in my signature, I'll facilitate more assistance for U.

tociano009:
Good evening my brother and sister,My name is oluwatosin I am a newbies and I have pass through babypips, but I can not still understand it like that, pls I will be happy if somebody can help me out because I just open demo account with instaforex and xm but I dont know how to do anything there, pls I need your help sirs and mas

get a professional fx tutor
and stay away from the bucket shop called instaforex

wierdpsycho:

get a professional fx tutor
and stay away from the bucket shop called instaforex

but can you help me

tociano009:
but can you help me

unfortunately I can't... contact the nairalander rozayx5 .. he might be of help

Next week looks promising with Gbp eexpected to be bullish.

Here's trade plan for Gbpjpy

Buystop @ 178.20
Stoploss 177.60
Target 182.50

How market?

Kirinwa:
Next week looks promising with Gbp eexpected to be bullish.

Here's trade plan for Gbpjpy

Buystop @ 178.20
Stoploss 177.60
Target 182.50

Gbpaud and Gbpnzd seem more promising though where gbpaud buystop is expected at 1.8960 and gbpnzd buystop @ 2.0220.

geniusbami:
Well, since U're already registered with XM, avail yourself of tutorials on their site. If U need more assistance U can open a live account through the link in my signature, I'll facilitate more assistance for U.

ok thanks bro

wierdpsycho:

get a professional fx tutor
and stay away from the bucket shop called instaforex

Instaforex is a bucket shop?!

I thought as much.

Sir, Thanks for the inspiring articles, can this strategy be applied to Renko?. Thanks alot

12ema:


Sorry, but i just saw your post. I don't set a target, i just follow price and i take whatever it gives me. I do however lock in profits when price achieves a 3:1 by moving my stop close to it but not enough to get stopped out too quickly. One thing you must be cognisant of is what he said about the rules. It took me a while to get it; you only place a trade once price breaks and closes above/below the first candle preceding the low/high of the swing. In other words price must break and close inside the mid 21ema band. The number one thing to look out for is a hammer candlestick pattern which is the foundation of the swing. Over time you will start to discover moves that are almost 80 percent accurate. I have attached some charts of some of the signals the system gave me this week (even as i type this it just gave me a usdjpy trade and from what it says, it does not look good for jpy pairs) and what to look out for. The system made over 800 pips this week alone. Like i said un-freaking-believable. Remember, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest, backtest. Please and please, don't take my word for it.
Goodluck

murphydon:
Sir, Thanks for the inspiring articles, can this strategy be applied to Renko?. Thanks alot

To be honest, i am not sure. The system is based on a typical trend following strategy which tries to get you into a trend not at the beginning of it but almost in the middle. It uses swings and breakouts and from my knowledge of renko, which basically just shows you a trend over an X amount of pips/time, there is no way to identify a swing or a breakout. That being said, if i were to trade the system with renko, i would place the renko chart and the system side by side on my screen and try to identify a swing and use the the renko chart as confirmation of a trend. I would suggest backtesting this theory for a while to see if it might be possible. Good luck.

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At Market open, i'm looking at shorting UJ, and buying NCAD again.

Eurcad/GbpJpy Trade: This is not a trade alert. Just an observation

@ 12ema, looks to me like you sold GJ at support, it needs to clearly break 176.10 for the DT to continue from where I am standing. Same for EC, the bands are beginning to close up as opposed to opening and the candles sticking to them.