Can you remind me where I have mentioned for you or anyone else to post their live account reports? All I am trying to see is how the system is performing with different kinds of exits. I couldnt care less if you are making a million or making a dime. All I am interested in seeing what kind of P/L along with drawdowns can be expected with this system. Sure I could manually backtest each and every viable trade, but anyone trading this system on a demo or live account could give firsthand information. If you dont want to post your trades , DONT! There is no compulsion.
This is a discussion area and should be treated as such. That includes every aspect of trading including any live trades taken whether on a demo or live account.
Why dont you read some of the threads at moneytec about trading systems and you will get an idea of what I am talking about. Please dont bother me with your irrelevant comments.
Hi, Cami and Tomsd!!
Today was great.
165 pips on cable.
85 on EURUSD.
103 on USDCHF.
That means 353 pips.
Look at charts attached.
thanks a lot, could you be so kind of posting the 3 indicators you used in these charts, as i dont have the same signals, and could you tell us the trading platform you use, is it neuimex?
The indicators are already posted. Do a search:
Inverseind with EMA50,
pages 73, 48, 5 & 8 have them I think...
Did you see my comment? Please help me.
I have been trying to work on the exit to try and extract as many pips as possible. However trailing stops often get stopped and price only to go higher again.
One possible exit strategy that is as old as TA is to make an entry on smaller time frame and exit on larger time frame.
As we know that the entry signal is pretty good and works out most of the time. So we take and entry on the 30m TF and watch the 4hr TF simultaneously. If the sto Ma on 4 hr at some point crosses over in the same direction, we can be sure that there is a strong uptrend and hence we can wait and trail on the 4hr chart.
For example yesterday we had a cross early eur session to the long side on 30 min and it was confirmed later on 4hr TF with another cross.
This means that the move is strong. As we have seen it make 150pips in later session which is quite phenomenal.
Your comments are appreciated.
Nina is a full time working person and can only get onto the net periodically. Maybe I and others can help out? Your query is a bit vague, I am not sure what you mean by "..more important posts...".
The system is very basic, hence its success I think.
The CLOSE of a 30 minute candle MUST be crossed the MA50E.
And the StepMA-Stoch MUST cross the blue line in same direction.
Entry is the OPEN of the next candle AFTER those two triggers.
Nina will also use another indicator but says that it is not part of the setup. Read all of the posts and you will find the indicators in this thread. Reading is a very important part of learning to trade so go to it.
BTW, I think Nina is a male Caledonian and Nina is the name of his cat?
I put some infomation together for a mate the other day, which is duplicate of some of the writting that nina has mentioned in this threadl. It may help to kick start you.