iltc2001 Posted September 2, 2010 Report Posted September 2, 2010 Hi Anyone has this system to share :) http://www.shortcutpublications.co.uk/shop/fx-friday.html Looks interesting just to place a trade every Friday Thanks
miskin Posted September 2, 2010 Report Posted September 2, 2010 (edited) looks interesting.any person willing to share??? 2 Edited September 13, 2010 by miskin
saladino Posted September 3, 2010 Report Posted September 3, 2010 (edited) please share (6) Edited September 3, 2010 by cazador
iltc2001 Posted October 13, 2010 Author Report Posted October 13, 2010 Anyone ? Seems to produce decent consistent results :)
ismael360 Posted October 16, 2010 Report Posted October 16, 2010 I would like a copy also. Please share guys.
hermanhess Posted October 16, 2010 Report Posted October 16, 2010 on digging a bit it seems 1)the r:r is horrible tp is 30 pips and sl is 100 2)can only be used on a betonmarkets s/b a/c
Diesel 10 Posted November 11, 2010 Report Posted November 11, 2010 on digging a bit it seems 1)the r:r is horrible tp is 30 pips and sl is 100 2)can only be used on a betonmarkets s/b a/c Pardon my Naivete but what is a bentonmarkets s/b a/c?
chetachukwu Posted November 11, 2010 Report Posted November 11, 2010 tp 30 pip and SL is 100 pip . If your stoploss is hit twice, you go back to your mama's house. And still manage that old couch. .....SELFISHNESS IS A DISEASE.....
hermanhess Posted November 11, 2010 Report Posted November 11, 2010 Pardon my Naivete but what is a bentonmarkets s/b a/c? its a spreadbetting a/c form a particular broker but even if u do open the a/c the r;r is absolutely dismal ...when the string of losses occur we'd be in a very deep hole ..... and trading just on friday's it would take a very long time to recover, I'm not really sure if its worth it.
Roels Major Posted November 11, 2010 Report Posted November 11, 2010 (edited) In Memory.........So Long Ago...... Joel Rensink said that, "To show how easy and profitable a Forex trading business can be structured is by viewing the theoretical results of a well-known public system that I've traded ever since Joe Krutsinger gave it to me (and everyone else) at a trading seminar fifteen years ago. It was Joe's custom at every seminar he spoke, to give away the currency trading system One Night Stand to the attendees. He stated only one person in a hundred was able to keep trading it because of a perversity element required. He did say that he believed it worked so well due to the human tendency to resist staying in the currency markets over weekends, and expected it to continue to work well into the future." "I've traded it in the currencies ever since. And the system works just the same as it did a decade and half ago. It isn't hard for me to trade because I'm used to buying new highs and selling new lows. The rules I use are as follows: ● Buy only on Fridays--- at one pip above the highest high of the last ten days--- if the 10 day simple moving average is above the 40 day simple moving average. ● Sell only on Fridays--- at one pip below the lowest low of the last ten days--- if the 10 day simple moving average is below the 40 day simple moving average. ● If you get filled on either rule, exit on Monday morning's open, or Tuesday morning's open, if Monday is a holiday." "Some individuals wish to use a money management stop after entry. This works very well. You can choose any value from 40 to 90 pips for a consistent stop with very little difference in profitability." Edited November 11, 2010 by Roels Major I just quoted this from pdf.... Diesel 10, ForexExpert, alright and 2 others 5 "You Ain't Seen Nothing Yet!".
joeytrader Posted November 11, 2010 Report Posted November 11, 2010 In Memory.........So Long Ago...... currency trading system One Night Stand ... Thanks for sharing this rather interesting trading concept. I would like to take at look at this. May I ask, from your 15 years' experience trading this, are there particular currency pairs that work better than others?
Roels Major Posted November 11, 2010 Report Posted November 11, 2010 I am not Joey... may be you miss understanding.....i just requoted what joel rensink said in his pdf......i dont have that much experiences....neither practice this strategy... You can check this site : hxxp://infiniteyieldforex.blogspot.com/ joeytrader 1 "You Ain't Seen Nothing Yet!".
joeytrader Posted November 11, 2010 Report Posted November 11, 2010 (edited) I am not Joey... may be you miss understanding.....i just requoted what joel rensink said in his pdf......i dont have that much experiences....neither practice this strategy... You can check this site : hxxp://infiniteyieldforex.blogspot.com/ Oh, sorry, I misunderstood. Now re-reading your previous post again, I see my mistake. Sorry about my question then. And again, thanks for the share. Edited November 11, 2010 by joeytrader
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