Hmm... It works fine for me. I got it out of Robinho's thread. Might want to check there.

Nico's Multi-Timeframe Trading

Yes, my EUR/GBP short is a little underwater. Currently sitting at -25 pips. USD/CHF is 3 pips away from hitting TP.

Nico's Multi-Timeframe Trading

Trades taken today: USD/CHF buy EUR/GBP sell

Nico's Multi-Timeframe Trading

For anyone interested, I've started a thread for a variation of Robinho's method. I have made a couple of changes, and since I didn't want to disturb this thread more than necessary, I created a new one: url

Follow the monthly candle and be profitable

Pairs that look like setups today... eur/usd sell gbp/usd sell usd/cad buy eur/aud sell cad/jpy sell nzd/cad buy

Follow the monthly candle and be profitable

I agree. If you want to trade with a smaller stop, you have to drill down to a smaller timeframe and filter out the trades that are more dangerous (like aud/cad was yesterday). I don't know the best way to do that, so for now I will just test your ...

Follow the monthly candle and be profitable

My apologies Robinho. I was not trying to be a whiner. I was only trying to open a dialogue on what I thought could be a potential flaw in your system. I will keep that to myself from now on. I will also try testing with 10 and 100 TP/SL... Even ...

Follow the monthly candle and be profitable

I saw that you use 100 stop but I have experimented with using 50. The reason being I am hesitant trading with such a bad R:R ratio. You have to have a 91% win rate just to break even using your SL/TP. I understand you have a very high win rate now. ...

Follow the monthly candle and be profitable

My aud/cad long fell straight down and hit my SL When did you take the trade and what price did you get in at? I got in at .9811

Follow the monthly candle and be profitable

NZD trade balance coming in 20 minutes. Might want to see how that shakes out before going long NZD/CAD

Follow the monthly candle and be profitable

Rough start to the week for me. 6 wins 4 losses for -80 pips total. I'm pretty sure all my entries are correct, but this is using 20 pips TP, 50 pips SL.... Using 10 pip TP, 30 SL instead would have yielded 8 wins 2 losses for +20 pips. Obviously 10 ...

Follow the monthly candle and be profitable

I took all the same trades on my demo account... I agree with Robinho though, we have a huge amount of exposure short the CAD. It probably wouldn't be the best idea to take all of these on a real account, but hone in on the couple CAD-related pairs ...

Follow the monthly candle and be profitable

Ok, many thanks guys

Follow the monthly candle and be profitable

I've read most of Robinho's posts in this thread, but it's possible I may have misunderstood because of the language barrier. If some one could look at this trade I took last week... Is this a correct entry? I entered at the opening of the candle ...

Follow the monthly candle and be profitable

This trade was made on Thursday, the picture wasn't taken untill Saturday... so yes, I did go short on the 1st D1 candle. Look at the first pic I attached. That last bullish candle was not there as it hadn't occurred yet. The bearish spinning top ...

Follow the monthly candle and be profitable

Yes, I have read more than just post 857. I've read nearly the entire thread. I understand that I'm only talking about one trade and that my experience with this method is more limited than yours. I'm only offering a little food for thought. Take it ...

Follow the monthly candle and be profitable

I want to start off by saying that I think this is a good method. However, I think that there are some dangers in it if traded at face value. The Mth>Wk>D synchronization method is a good way of identifying potential setups. But I think one should ...

Follow the monthly candle and be profitable

I googled Taorex and found a myfxbook page, only to discover "this system has been deleted by the user" Do you have a copy we can test?

This may not be a holy grail but it is as close as it can get

+30 pips on GBP/CAD with my first trade using this method. I will keep testing. Obrigado, Robinho!

Follow the monthly candle and be profitable

Can "Max Martingale Factor" also be thought of as max trades opened at any time? In other words if I want to cap the trading at 1.28 lots, would that mean a Max Martingale Factor of 8? Thanks.

Trapping System: Tunnel Martingale