Follow The Bouncing Pip - page 189

 
forex11:
Did anyone catch that 100 pip move this morning on the gbp/jpy 1 h I got in at 227.91 out at 226.91

could you please explain why you got out at 226.91? i thought you wait for next arrow to point to opposite direction? tq

 

reason

dekikieru:
could you please explain why you got out at 226.91? i thought you wait for next arrow to point to opposite direction? tq

no reason, just was happy with 100 pips

 

gbp/jpy i smore on its way up than down ....taking down trades pose more risk ...its most likely to shoot up to 231 and then i would look to short

 
ericlooi:
Anyone make this into EA?

I am keeping the links.

bouncingPipEA_BigBear_v23 EA is on this post: coding the original method described by BigBear on this thread. Original thread is here https://www.mql5.com/en/forum/177573

bouncingPipEA_mPowerV41 EA is on this post and most recent versions are on this page: EA is having many combinations of several confirmation methods including QQE. Original thread is here https://www.mql5.com/en/forum/177573

 
newdigital:
I am keeping the links.

bouncingPipEA_BigBear_v23 EA is on this post: coding the original method described by BigBear on this thread. Original thread is here https://www.mql5.com/en/forum/177573

bouncingPipEA_mPowerV41 EA is on this post and most recent versions are on this page: EA is having many combinations of several confirmation methods including QQE. Original thread is here https://www.mql5.com/en/forum/177573

anybody tried? i tried mpowerv31 version. no order opened though there were clearly few confirm trade. i might miss this v41 version. will try..

 

Did not try the ea but i did go long on GBP/JPY at 225.54. Anyone else in ?

 
shohreh:
Did not try the ea but i did go long on GBP/JPY at 225.54. Anyone else in ?

didn't got in on GJ. qqe don't confirm. got in on GU, +20 currently..

 
shohreh:
Did not try the ea but i did go long on GBP/JPY at 225.54. Anyone else in ?

I am trying to see where you see a legit signal on this one??

I went short at 227.92 currently up 350 pips off the 1 hour confirmed with qqe and macd cross and mfi at 80 and have not seen a legit buy signal yet with confirmation, only the zigzag and arrow but no confirmation. Right now it sits on the 38.2 Dfib and if it breaks it then it will go down another 50 to 100 pips before a rise.

you need confirmation across the TF's before taking a trade.

Bears method works well by itself, add your own confirmation and its a major pip maker but you need to follow the rules

 
codybear:
Bears method works well by itself

Bear's initial method did not work by itself. I don't know how anybody could make hundreds of pips using the Zigzag and the arrow, without anything else to help confirm.

With all due respect to Bear, I totally disagree with what he mentioned in his very first post.

 
forexmoments:
Bear's initial method did not work by itself. I don't know how anybody could make hundreds of pips using the Zigzag and the arrow, without anything else to help confirm. With all due respect to Bear, I totally disagree with what he mentioned in his very first post.

I strongly believe , that many people are not honest about their results just by looking the poll :

322 votes = 86,79% good ? which should mean making money right ??WTF???

49 votes = 13,21% bad ?

No flames , but this poll is a joke , sorry to say that.........

As long as GBP/JPY is making 300-600 pips a day , then there is some chance of survival , we all wish those moves are there to stay forever but wait for the recent high volatility to settle a little bit and this system will get simply murdered , period .

Reason: