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ddam3

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Posts posted by ddam3

  1. Here is the trading Plan for this set-up written by Xard.

     

     

     

    Re Forex Trading

     

    PLAN YOUR TRADE AND TRADE YOUR PLAN (Corny but true)

    Based on the 4hr setup posted by Xard777 earlier

     

     

    Your goals in Forex should be to make +1'000 Pip$ each week and pay yourself 20% off the Profit$.

    This way you allow your account to Grow and also allow your weekly Payout$ to Grow too.

     

     

    Your BUY Signal is produced when Price is ABOVE both the Trend and Signal Moving Average lines and the Candle on your chart is Blue.

     

     

    Your SELL Signal is produced when Price is BELOW both the Trend and Signal Moving Average lines and the Candle on your chart is Orange.

     

     

    This is what's known as Trading with the Trend (You may also want to trade whilst waiting for these Signals to appear, this is what's known as giving back the Profit$ that you've made).

     

     

    Forex trading is a waiting game, you can trade on a 4hr time frame and sit on the fence patiently waiting for your BUY/SELL Signal to appear.

     

     

    On the 4hr time frame expect only two to three Signals per week. When the Signal appears expect to make around 100 to 150 Pip$ per trade therefore take five or six mult-trades at a time giving you a total of 500 to 950 Pip$ per turn around.

     

     

    Two or three turn around's will produce over +1'000 Pip$ easily maintaining your weekly goals and allowing you to compound your account's Growth and Payout$.

     

     

    When trading Forex keep it simple, do not turn it into rocket science - it is simply you against yourself.

     

     

    Trading should be fun so lets enjoy ourselves out there.

     

     

    All the best and may your God of Pip$ shine down on you with Pip$ fit for a king (and if he doesn't then it's your fault).

     

     

    Xard777

  2. I have over time developed my own VERy profitable scalper method and am not achanging that ofr anyhting in this world.

     

    BUT:

    as Xard and I are good friends, same as with Cobra form the THV system and a few more, developing matters together shines at times a light on improving something on ones setup.

     

    Look at it like this:

    I am a Toyoya lover, but that does not mean I think you driving a VW will not get to the same destinations as I do.

     

    His systems work, you need to like them.

     

    They work very well indeed. Great analogy. It comes down to personal preference and what one is comfortable with. Xard really gets it, IMHO.

     

    http://i202.photobucket.com/albums/aa93/ddam3/xard2_zpsa411c7d3.gif

  3. Computer freezing and slowing not uncommon with this system, requires a large amount of RAM to run. This has been my experience with renko systems with a lot of indicators such as this.

     

     

     

     

    Guys, don't even touch it if you don't want to go through the same nightmare like I did! I attached the EA to live and the TPL to offline M2. It looked nice on the chart but than it started!!! The screen and the whole computer froze I couldn't even shut it off. I had to pull off the power supply to close the PC. After reboot I applied bunch of anti-virus software's but they found nothing. I couldn't anymore open the demo platform (FXCM) and had to delete the platform. I tested a new system on it with 3 winning trades in progress, guess we will never know who wins those trades. Happened exactly what the seller promised if used illegally. It will screw the whole computer - and it did.

    grisleback are you working for those sellers? I am very suspicious because it looks like sabotage. You are responsible for 3 more gray hairs on my head.

    Hermes

  4. Hello,

     

    The FR template is designed to work on Renko charts, they are not time based charts. So you need two charts per forex pair. The first chart is to convert the one minute charts into renko charts the next chart should be M2 chart, an off line chart that was created by the first chart that you opened. Apply the FR template to this chart. You should not be opening a 1hr chart at anytime with this system.

     

    Hope this helps,

     

    ddam3

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