Postby kryptons27 » Fri Mar 04, 2011 1:43 pm
Hi guys, relax...owner is always right...I respect all the decisions made...luckily I found my old password and here I am for the final moment...because for sure they will ban my IP this time...
I'm here because I have unfinished business...I owe those who really watch this topic and want to learn...I promised to explain my last charts and here it is;
WHAT IF...
1st Trade : SHORT , Hit SL -2 and failed to harvest.
2nd Trade : LONG , Hit SL -3 and failed to harvest.
3rd Trade : SHORT , Hit SL -5 and failed to harvest.
4th Trade : LONG , Hit SL -3 and failed to harvest.
5th Trade : SHORT , Hit SL -4 and failed to harvest.
6th Trade : SHORT , Hit SL -4 and failed to harvest.
7th Trade : LONG , Managed to harvest +6 pips.
8th Trade : LONG , Managed to harvest +29 pips.
9th Trade : LONG , Hit SL -5 and failed to harvest.
10th Trade : LONG , Managed to harvest +121 pips.
11th Trade : LONG , Hit SL -2 and failed to harvest.
12th Trade : SHORT , Hit SL -4 and failed to harvest.
13th Trade : LONG , Hit SL -4 and failed to harvest.
14th Trade : SHORT , Hit SL -3 and failed to harvest.
15th Trade : LONG , Managed to harvest +6 pips.
16th Trade : SHORT , Managed to harvest +8 pips.
17th Trade : SHORT , Managed to harvest +1 pips.
18th Trade : LONG , Hit SL -3 and failed to harvest.
19th Trade : SHORT , Hit SL -3 and failed to harvest.
20th Trade : LONG , Managed to harvest +17 pips.
21st Trade : LONG , Managed to harvest +18 pips.
Total pips : (-2)+(-3)+(-5)+(-3)+(-4)+(-4)+(6)+(29)+(-5)+(121)+(-2)+(-4)+(-4)+(-3)+(6)+(8)+(1)+(-3)+(-3)+(17)+(18) = 161 pips
* Corrections : I put +159 on my charts and it should be +161 pips.
Actually number of entries will be more if you apply the basic rules of LUMINOUS BASIC (entry per SMA200 cross) but with choosing only SL not more than -5 pips we managed to decrease it. Not all trades will give you profit but we try to minimise our loss and maximise profit by harvesting. 161 pips in less than 2 days is a very huge profit BUT don't it will give you that much everyday. That is why you have to remember one important rule, that is TO GET ONLY 30 PIPS DAILY. So for 2 days you need 60 pips. Looking at what the system can offer I guess 30 pips daily is possible to get but IT IS NOT EASY...
Over trading may dry out your account. That is why you need to refer LUMINOUS LOGIC, meaning only look for LONG entries if price on 15m n 1hr or other higher TF is above SMA 200 or vice versa. Your entry will be less but its the safest way and again the result will be different but it will prevent you from over trading...
There is a member who said that he only get 69 pips (if i'm not mistaken) from all 21 entries in my charts after he / she included spread in his / her calculation. I'm not sure how it calculate it but 69 pips is already reach your daily target, 30 pips per day.
*** OFF TOPIC PART REMOVED by TheRumpledOne ***
If you really want to help, stick to posting about trading.
FINAL WARNING... LAST CHANCE