picnick Kid with the family ??
Ok kor, i will check how the indicators behave with the patterns
By the way, from tomorrow after lunch till next monday i will not be at home so i cant take new signals until then.. maybe tomorrow morning...
Last edited by kidrock82; 04-24-2012 at 08:59 PM.
picnick Kid with the family ??
Hi guys , sorry for the late update, yesterday morning i ve entered in other 2 trades, 7 - 8, on eurjpy and chfjpy, the dayli trend (according to the system) is bearish so i ve put the tp at 30 pips, the were hit this morning, a little before i woke up , here's the pics of yesterday entry set up:
Also here there is the gbpjpy signal after a bullish butterfly... I didnt take this, Kor i still trying to figure out a way to use some of these indi with harmonics, here the entry signal was already 100 pips to late (of course there is a big hourly candle and not always is like that)... nevertheless if i had taken the signal now it would be on 40 pips profit wich is not bad at all
Note the sell signal of thursday 26...
Last edited by kidrock82; 05-02-2012 at 06:42 AM.
Fyi, i really suck when it comes to re-enter in a trade, so i'm trying an indi that tell me when is good to add some lot in a trade... only in the direction of the signal...
Here an example... of it, just closed others 20 pips on eurjpy and chfjpy.
you see those arrows, they are based on a ema cross 5-8... i'm going to see how it will behave...
Kid< Are you keeping na excel journal ? or a "one page" to see all the trades ?
hi Trademonster, no i'm not keeping any excel journal, just posting here every signal that i'm taking
Kid, it sounds like your on a roll, any stats % yet ?
On the indi test - are you taking trades on all time frames - and only when all signals match up or are you using with harmonic before u enter?
Also is your average winner larger and the average loser ?
Hi TM, so far, strictly following the rules and trading only the jpy cross i've entered in 13 trades, no losses... generally i put the sl strarting to 30 pips, max 50... so far the average winning trade is about 40 pips, but that's because i tend to use trailing stop, or close the trade manually, also it depends if the signal is trend follower or counter trend... the last trend follower sell signal of the 26 of april was 120 pips on chfjpy and 140 on eurjpy... the counter trend buy signal of yesterday was 50 pips max... i think that if the average loss is 50 pips and the average win is 35 but with a winning ration of 10 to 3 this system would be still profitable... but i think that if you learn to use it well, the average win should be at least the same as the average loss... It still early to judge, i would like to try this for an entire month to see what happen...
About the TF, i'm only trading on 1h... minor tf give early signal but i dont trust them, some of them are false ones... I'm not using harmonic for entry, but they give me confirmation, yesterday for example, after i placed the buy signal the price was falling down, but the AMP spotted a 121 pattern on both eurjpy and chfjpy, luckyli the pattern was 100% completed and hit the tp
Sorry for my english :P
Last edited by kidrock82; 05-04-2012 at 06:51 AM.