Elemosho's Posts

Nairaland Forum › Elemosho's Profile › Elemosho's Posts

1 2 3 4 5 6 (of 6 pages)

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 5:43am On Jul 29, 2015

The one you trade with $1 it means if you had used $10 u for don make $90 on one trade. 2 of such trade is ok for a day. The logic is this. Use $1 to get the $9 then use the $9 win t0 get abt $80. Do this twice a day and you are ok ($160). Worse case, If at all u lose you know u only parted with $1. This is better than the low payout of Currency Binary. Day 2, start with $2 to get $18, then use the $18 to trade again upon clean market. Do this twice in a day that's about $320. Okay for a bigboy grin

. You can draw your line to stop the compounding where you revert to $1, maybe after $5. The most important thing is entering the market when the market is clean. That's why there are lots of markets and lots of strategies so that if 100 is not clean 75 can be clean. Or Yang can be clean or 25 or Bull. One of them are always clean at anytime of the day.

Funniest aspect is that I have not studied the book much. I've not been chanced at all (work tinz). The results of the ones I posted above were devised by me not from the book. I will add the book's strategy later on when I'm chanced. I will contact the Indian guy I told u about soon. Those ones have the codes used for the algorithms on the broker website that's why it's expensive ($1500).

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 1:32am On Jul 29, 2015

tador:
ANOTHER RESULUT

Your own thing or from the book I sent to you? You dey challenge me o...maybe I shld also major in Randoms. grin

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 9:53pm On Jul 28, 2015

I feel one or two people will benefit from this. It will help your decisions when you see an arrow alert following the occurrence of an INSIDE BAR. Good for FX traders and perhaps long term binary traders 30mins - 1hr trade.

PA knowledge is what differentiates a good trader from the crowd. Increase your PA knowledge everyday.

Cheers guyz cool

1 Like

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 8:04pm On Jul 28, 2015

pocoapoco88:
yeah dats d only meaningful tin abt his system not all dose bunch of indies.but d question is who wil dash u sure 5trades per day? *quickly runs back into my house and closed d door*

The only meaningful thing? grin

. This is why i feel there is no point spending time on this thread. I can only count 25% parasite, 45% children, 20% ingrates, 8.5% dullards and just 2.5% (Intelligent and Matured). I have fulfilled my own part of service to humanity and the community that built me.

Cheers guyz cool

3 Likes

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 7:55pm On Jul 28, 2015*

I appreciate the calls and messages. Truth is i'm not angry. I only decided to focus more on ma trading and intensify more on my research. I had promised to send some random strategies on this thread. I am posting this for lovers of Randoms. Instead of sending the screenshots of the manual i have with me as I initially wanted to. i have decided to post some results hoping one or two smart guyz here would decode it.

So here we go. Take trade on 5 cuts 13 on 1TF, 5 and 13 are below (or above for bull) SMA 50 and middle of bollinger band 20 on 15TF. Take trade immediately upon CLEAN reversals after confirming the trend very well on 15TF. If you get it right you can have 3wins with TOUCH, DOES NOT TOUCH AND HIGHER/LOWER. Check your Tick chart to be sure the exact timing of your trade entry. Enter when 5 and 13 are above SMA 50 and Middle of Bollinger Bands 20 for Up trend. Reverse for down trend.

Tador (Muri), i have sent you a copy of one of the random material i purchased. I'm sure you can figure and decode them well as i won't explain. The explanation here should be more than sufficient.

Cheers guyz

2 Likes

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 7:42pm On Jul 27, 2015

nutorv:
@Elemosho, please can you help me confirm that i have all the indicators on point before i begin. Thanks

You don't have BinaryComodo, it is the number one alert you need. When the alert comes confirm you trend in M15 and M1. Take your trade in the direction of Support or Resistance (Not against it).

Take care

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 11:56am On Jul 27, 2015

volo112:
elemosho, don't you know that you also are benefiting from this thread?
if u don't know, i will tell u what you are benefiting?

Please dont let us discourage anyone from posting strategies, let us moderate the comments we make here. let us no deviate from the main reason we are here which is to MAKE MORE MONEY FROM BINARY BY LEARNING BETTER STRATEGIES.

Funny,

do i really send what people say as far as i am making money with my own system [the pictures is a live account i just started trading today for someone who started with about $92 and i have met the daily target 5 trades, 4wins 1loss].

I come to realize some people on this thread are unnecessarily lazy and easily distracted. No one has forced you to follow a strategy. If Wappy Strategy is really working well for you why then leaving it and jumping to another? huh

This is why i said "Lazy and Easily Distracted". I have explained why i adjusted Wappy to what i want because of the nature of my job. I never condemned Wappy strategy and in fact you would see in the picture that most of my trades today were majorly Wappy arrow & EMA. I only used Dynamic combo just once. It still boils down to adjusting any strategy to what suits you best if one is not lazy. I remember when Wappy first came up with his strategy, people complained the same thing saying Wappy says do not take this, do not take that, no inside bars, No long candles, no this, no that and very complicated and confusing and at the end some people were already making money with it and others still find it a complex thing and remained the down where they are. The same criticism was faced by Somai on BOE, so it is very much expected tongue

This is my last picture post on this thread. Like i said, i won't be posting wins anymore so as not to intimidate anyone. I had to do this to clear all doubts whether it is working or not. If a strategy is not working for anyone, it is that person's fault.

On a closing note, i think it makes sense spending more time on BOE than here on NL cos i gain lots on that thread.

I wish you guyz the best of your trading system. I hope to see you at the top cos i have began my journey there already. grin

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 10:39pm On Jul 26, 2015

volo112:
both wappy and elemosho strategy are good, they both have their advantages and disadvantages

i learnt something very useful from wappy strategy which is entering at a retracement. i just fine tuned a strategy of mine by entering not at open but at retracement of 61.8% which helps me get better entry price. so i want to suggest that any strategy you have, the best entry point is to wait for retracement, it pays on the long run.

elemosho has opened my eyes to the randoms moving average things. i knew that touch 0r no touch trades offers high rewards, from his strategy,i was able to see things from a diff angle which has broadened my knowledge. his compounding method and his trade analysis has also been a source of encouragement to me. i wouldnt be fair to say otherwise about his strategy

my take from both strategies is pick what u think will help improve your winning trades.

Nice @Volo
i just bought an ebook that gives lots of strategies for the random market ($170). I intend giving 5 out of about 12 strats in the book for free on this thread. I won't be doing that anymore. I observed people are already exposed to lots of strategies that is now becoming INFORMATION OVERLOAD. It is best people fine tune what has already been given here and make use of them rather than continue to confuse them with strategies every now and then.

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 10:33pm On Jul 26, 2015

Truth is i am not in anyway discouraged or disappointed at some comments here. If i want to get discouraged, i would have been discouraged since the first time i posted my strategy and someone had said "THE MARKET IS NOT YOUR MATE". I took it as a compliment and decided to come up with a system that is working for me. Mind you, it is not supposed to work for everybody afterall, just less than 5% of FX traders earn money trading forex. Will you say the other 95%+ are not exposed to strategies? NO! They simply do not follow simple rules....PATIENCE & CONTENTMENT!

As you can see, my activities over the couple of days have reduced. Primarily because I am an office person and posting on this thread has increased my call reception rate tremendously trying to satisfy the needs of everyone that call me for services i receive no kobo from. I got to understand that there are very few people one can take along as he is climbing up...reverse is the case for going down. I have devised a system that is working well for me and don't want to feel selfish then decided to give back to the community that has help me. In this i see no crime nor feel discouraged and disappointed if it doesn't work for many. Truth is, i have never tried Wappy's strategy cos i have no patience to wait for retracements based on the nature of my job. I like to see an arrow alert, check the conditions and take trade straight up. My joy is to see everyone here make money from the FX market be it Wappy's strategy or accenture or messi or ronaldo or hand_of_God, bottomline is class yourself to that 5% that would make money from the FX market which i am determined to be....God willing (The race just started).

I beg to disagree that experience superceeds research. If this is the case then we are saying we solely rely on past to live the present and perhaps the tomorrow to come. The essence of research is to make do for the past trends and experience for better forecast of tomorrow and especially preventions of many things that would have been catastrophic. If research is not needed then companies wouldn't invest billions of dollars on R & D cool

, Truth is research move in a more faster rate than experience. Experience is only needed to fine tune research outcomes and not necessarily the case for the opposite. I would have expected that having posted my strategies, experts in the house would have seen some tautologies and say we don't need 2 or 3 or 4. 1,5,and 6 is okay....THAT IS WHERE EXPERIENCE COMES IN. But experts where also silent. So who is to be blamed? huh

.

I don't think you know how i have been praying that someone else come up with another strategy to ease up attentions and distractions from my end. Instead of it to have discouraged me as you thought it would, it only but helped me. At least i get to know people would not call nor message me up again. i won't feel any sense of responsibility anymore....a confirmation of my prayers.

My advice to you guyz, THERE IS NO PERFECT SYSTEM ANYWHERE....not Wappy's, Not accenture's, not elemosho's, not Warren Buffet's....BUT YOURS. You decide what is best for you based on your Price Action knowledge and Technical Analysis and live by it. I have developed mine. It is left for you to develop yours and stop the STRATEGY PROSTITUTION. grin

I will check on this thread once in a while when i have the chance to for i won't be posting results as if to intimidate you guyz anymore.

Take care guyz. It was very nice meeting Y'all. grin

GRACIAS!

9 Likes

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 5:53pm On Jul 24, 2015

OK! Thanks.

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 5:15pm On Jul 24, 2015

I guess there is an hoax in my system most likely cos i downloaded lots of things on the internet and i deleted my antivirus AVG cos it was disturbing my trading chats on Binary.com. I reinstalled the MT4 without putting any indicator and i still got the same thing. I am currently installing the AVG back to scan for virus (hopefully he find some) then i would try reinstalling the MT4 and check the experience. That rubbish stuff spoilt ma day. Made me had lots of loss streaks cry

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 1:39pm On Jul 24, 2015

tabletgirl:
Hey guys. MT4 hangs when you load too many indicators. Maybe that's the problem

Note: might not affect one computer like it would another

Or what i would do is to uninstall the MT4, reinstall then load the indis one after the other while testing to see which one contains the hoax angry

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 1:35pm On Jul 24, 2015

tabletgirl:
Hey guys. MT4 hangs when you load too many indicators. Maybe that's the problem

Try reducing the number of indicators, close and reopen to see if it still lags, Sometimes its just one indicator causing it ... even doing any work such as reducing the number of indicators might be difficult as a result of the hanging. sorry guys. Once i had to uninstall and reinstall a fresh MT4. hope you have your indys saved. Terrible stuff.

Note: might not affect one computer like it would another

Thanks. It is the same indi that i uploaded on the two systems. The other system misbehaving right now has been behaving fine before. I guess i might need to upgrade the other system cos ama need those indis.

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 1:08pm On Jul 24, 2015

i'm having serious challenge here myself o. How is it possible that the candles on the same currency pair on the same M5 are different? shocked

. Na God say make i check i for lose more than this. If not that i installed MT4 on another system and compare i would be thinking Binary.com is the one manipulating the prices. MT4 in one of my system is lagging. About 20-25mins lag. What could be the cause? huh

Could it be settings problem or virus problem?

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 6:01pm On Jul 23, 2015

tador:
Thanks Elemosho
i have been able to install binary comodo,wappy(the one you upload),supportandresistance,TA,MACD2ATONECOLOR,EMAs,ADX
Pls is there any changes i will have to make in any of these indicators or should we leave all the indicators DEFAULT SETTINGS? If there is please let us know the parameters

Everything is default apart from Dynamic Arrow which you would change to Faster=2 and Slower=20. MACD (faster =5, Slower =10, Period =20)

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 5:14pm On Jul 23, 2015

This is my own version of Wappy Arrow.

It has range 0.8
It gives white colour arrow for down
it writes (WAPPY ARROW SAYS SELL ON ... or WAPPY ARROW SAYS BUY ON ...)

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 5:01pm On Jul 23, 2015

Let me explain afresh this final round.

* I receive an alert arrow (any of Comodo, Dynamic or Wappy....Note Dynamic usually says CROSS UP or CROSS DOWN and BinaryComodo arrow alert is usually the strongest as it filters long using SlowerEMA 200 ).
* I locate the chart window to see.
* I check if it is around Support or Resistance Level ( i try as much as possible not to take trade that on the assumption that it will break the resistance or support level)
* I am most comfortable when EMA 5 & 13 are cutting SMA 50 either from above or from below.
* For me to know if it is false signal or not, I switch Time Frame. I go to M15 to confirm the trend there, i also go to M1 to confirm the trend there. If they align with the arrow. I come back to M5. Most times other arrows that didn't appear before would not appear. About 2 or 3.
* If they appear, it gives me more confidence, if others don't appear i check to see if they meet the other conditions.
1. EMA 5 cutting EMA 13 ( if SMA 50 is still far off)
2. DX line shows red for down and green for up
3. Damiani Valometer indicates TRADE
4. EMA is currently on Orange (i.e the transition period from Red to Green for upward trend or from Green to Red for downward Trend)
5. MACD 2 Toner shows Red for Down or Green for Up.

In this period i would have spent about 30-50secs. I make sure the market has not moved in another direction. The 30-50secs is good because it allows you to wait a little before taking trade so that if within that period the market has started going opposite direction you just let the trade go jeje. Another one go come. For instance, today alone i let go at least 50 alert signal. Only the patience will make money. Take your time to follow these steps and conditions and you would be able to filter out the bad signals and invariably increase your win rate %. Just 10-15 trades per day is enough. Keep practicing until you get it. Later on you won't spend up to 10secs before knowing whether to or not to follow an arrow signal.

Cheers guyz

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 4:13pm On Jul 23, 2015

Please note that attimes you would only receive one arrow alert. If you want to confirm if the other arrows will agree before taking the trade, change the TF (i.e. go to M15 and M1 to confirm the authenticity of the arrow alert) if the alert is good, as you return back to the M5 chat other arrows will then surface. if they don't surface and the arrow giving the signal did not meet our stated conditions especially around the SR levels, avoid the alert. I avoided at least 50 alerts today. That boils that down to how strong your knowledge is in Price Action and Technical Analysis. If you are not strong in this area you should go to babypips or watch video tutorials on www.investoo.com (the free membership section) I hope this nails it. cool

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 4:01pm On Jul 23, 2015

I want to believe one or two people are already getting it. Even in my condition i managed to take 11 trades won 8 lost 3. Once one person has been able to get it and post his result then i'm satisfied.

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 10:31am On Jul 23, 2015

That's the EMAs and MACD 2tonecolor indicator guyz. Take care

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 2:48am On Jul 23, 2015

tador:
Thanks for your explanation but i am unable to register on the site see the screenshot

''YOU WILL NEED EMAs and MACD 2toneColor, In&Out Inside Bar, AND SupportResistance''
Moreso,will i have to download them or i will just use the EMAs in my MT4,
Will i have to download MACD 2tonecolor from google or is it on my MT4,IN$OUT,
Thanks

The EMA is an indicator window. It shows you a transition from an upward trending market to a downward trending market and vice versa when EMA 5 and EMA 13 cuts SMA 50 . So basically I usually take trade during this transition when the EMA shows and Orange colour and MACD already shows the colour It would transit to (From green to Red and Vise Versa).

The screenshot shows that you have not registered. Click on CREATE ACCOUNT at the right hand corner of the page. After registering come back to NL to click the link again to take you back to the page where you would be able to download the indicators. I will post other indicators here.

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 8:28pm On Jul 22, 2015

I will post some indicators tomorrow. I'm replying with my phone. I'm also not feeling fine.

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 8:24pm On Jul 22, 2015

tador:
Thanks
1.i have installed binary comodo.is there any change i will make in BinaryComodo - NO, USE THE DEFAULT SETTINGS.
Moreso,i visited d BOE link u dropped but i am confused.will i have to REGISTER on that site?
pls provide more info. - YES, YOU HAVE TO REGISTER. THEN COME BACK TO NAIRALAND AND CLICK THE LINK AGAIN TO TAKE YOU BACK TO THE PAGE

2.I also visited d mql 5 link but i discovered that there are many indies.pls which exact indies do i need - YOU WILL NEED EMAs and MACD 2toneColor, In&Out Inside Bar, AND SupportResistance
3.You also mentioned that u adjusted WAPPY ARROW from 0.5 to 0.8.Does it mean that i have to adjust WAPPY as well. YES, I CHANGED IT FROM THE PROGRAMMING SECTION. IF YOU DONT KNOW HOW TO CHANGE IT LET ME KNOW. I CAN SEND MY VERSION OF WAPPY ARROW.

Please i beg you provide necessary details because without all these indies i won't be able to practice what you posted. LET ME KNOW WHEN YOU HAVE BEEN ABLE TO PUT EVERYTHING TOGETHER. YOU CAN THEN TELL ME YOUR CHALLENGES.

CHEERS

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 10:50am On Jul 22, 2015

8 Straight Win.....100% tongue

O boy. Somebody should tell me why i should not go and price house in Magodo and V/I grin

2 Likes

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 9:45am On Jul 22, 2015

hurlar2014:
i love it too.one day i will grow up to be like u

I'm a newbie o. I'm just starting. Better days ahead i believe.

1 Like

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 9:13am On Jul 22, 2015*

Man gat make money by force or by fire.

4 Likes

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 5:48pm On Jul 21, 2015

You only need M15 to be very sure the trend will go down....all other activities would be on M5. The 15-20 candles count is on M5 not M15. Remember if you are in the bull market EMAs would cut SMA50 from below to trend upwards.

Cheers.

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 3:54pm On Jul 21, 2015

volo112:
can u please explain better the bolded statement thanks

EMA 5 and 13 cutting SMA 50 from above in a bearish market signifies a downward trend. You would need to wait about 15-20candles after to confirm the downward trend (well spaced away from SMA 50) before entering the trade.

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 3:51pm On Jul 21, 2015

Done trading for the day. Day5 target met. This is how to trade. Have your target for the day, If you loss any trade know why you lost and avoid it next time. Also know which indicator gives you best win and worst loss. Tomorrow's target is $168...we shall get there By God's grace. grin

3 Likes

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 10:25pm On Jul 20, 2015

Yes yes and yes. You have said well. All true....no lies. The trick is this. I don't spend much time on Randoms coz of a truth they can stiffen the market with their computer and manipulate the the prices on case-by-case basis. I have said it on this thread that I don't spend much time on Randoms, I only go there when the signals are not coming well from the proper FXBO, I then go to the Random market, observe the indexes, near, bull, yang, yin and do some trade. If I don't see any good market I exit straight. If I see I Make some box and runaway grin

. The next time they see my trade I'm already doing FXBO with my MT4 indicators and dem no born dem papa well make dem manipulate the price. So the advise to you guys is, once you are able to make money on the Randoms, RUNAWAY with your 3 legs. In fact, 5legs including ur 2hands and ur prick....LOLz. No say we no tell you oooo cool

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 7:37pm On Jul 20, 2015

volo112:
another important point is to note when the market is at the turning point so as not to enter , then the market turns around.

Truth is I don't wait until maturity in most of my trade. Once my investment has appreciated considerably, I cash out straight. Anything above 150% on Does Not Touch I'm okay. Anything above 70% on Lower or Higer I'm okay. If the market moves against me I cash out about 50% less of my investment. If one can work on greed, the random market is sweet to trade.

1 Like

Business › Re: Binary Option Alertz/strategies Season4 (new Dawn) by Elemosho: 7:33pm On Jul 20, 2015

volo112:
concerning the lower trade strategy, is 12mins the timeframe u think is a better duration based on the trades u have taken so far?
the reason i prefer the notouch 24 hrs minus current time strategy is because of the payout. i was surprised with what i saw. i knew that the no touch strategy pays better than other strategy, its just that i dont know how to go about it but with your strategy,all seems clear. thumbs up for you sir

Not necessarily. Sometimes 20 sometimes 30mins depending. That's where one's Price Action and Technical Analysis skills come into play. There is no constant rule to trading, if the market is that very predictable then almost everybody would be making money in the FX world but alas less than 5% actually do....you can imagine. I am determined to be part of those little chunk making money out of FX which is why I do lots of researches and buy lots of books, indicators etc. so that as the market is changing you are changing with it using the different strategies you are already equipped with.

1 2 3 4 5 6 (of 6 pages)