2 Minutes 2 Trades
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Thread: 2 Minutes 2 Trades

  1. #1
    tulips8964
    Guest
    This is a journal to document ongoing forward analyzing results using the method described in thread loed at the following link:

    https://www.forexsoutheast.asia/cryp...ogramming.html

    that I love the concept behind this method as it helps avoid over-trading (it is very difficult to just take 1 commerce a day) and includes a good R:R (1:3).

    The only two gaps to method is that I'm trading the very first signal (short or long ) following the Frankfurt open, as well as the very first signal (short or long ) following the London open no matter any prejudice. This may give me two transactions per day instead of just one. Also rather than risking 5% per trade I shall just be risking 2% per trade (as there are two transactions rather than just one per day).

    Everything else (R:R, SL and entry signals) will be precisely the same as the 1 minute 1 commerce method. If you don't know what it's then please see the thread and don't ask here.

    If anyone starts posting some other charts aside from charts which follow (or at least try to follow) the method outlined above will be blocked from this thread.

    The thread is already going that way and I only want to keep this journal clean and sticking to the preceding method.

    But, any honest inquiries are welcomed and I will post charts with SL and TP beginning Monday along with a continuing record of results.

    ' results have been very promising, nevertheless on back-testing (thanks Strada!) Taking the first valid signal without any bias has been even more promising, hence the reason for using this method rather the' original method, but just forward testing will tell.

    Like I said first two transactions Monday morning. Let us see what happens. .

    JPR

    Update:
    In the moment I am focussing on 1 Trade at Frankfurt Open with prejudice from 6am.

    I shall update the results sequence daily after each transaction and I post charts reside whenever possible.

    Results Sequence since Monday 2nd July 2012

    Month 1 - WLLLL LLWWW LLLLL LLWLL (5W/15L)
    Month two - LLWLW LLLLW LWLL

  2. #2
    Cani
    Guest
    JPR, fantastic luck with your new journal,
    you won't require any fortune investing in this variation of's method though!!!

    The stats for that are outstanding but as most of us know backtesting is one thing, trading it reside something else. But no losing days in the last 2 weeks I look forward to tomorrow.

    Full thanks and appreciation to for bringing the mixture of his indies and MM to the forum, that's still the primary foundation for the procedure here.

    All the very best, .

  3. #3
    KuMe
    Guest
    Quote Originally Posted by ;
    This will give me two trades every day instead of just one.



    JPR
    great fortune. . All helps how much better were the results without a prejudice?

    P

  4. #4
    tulips8964
    Guest
    Quote Originally Posted by ;
    good luck. . All helps much better were the outcomes with no bias?

    P
    If I am correct in remembering a sample of 20 trades back a few weeks past done by Strada, your method with bias gave seven wins 13 losses (still profitable) but with no bias it had been 13 wins and 7 losses (on either the frankfurt and london available ). 20 is not a big enough sample I agree but on this small sample it showed promise.

    Strada has done the most extensive back and forwards testing and has a spreadsheet of outcomes with many more outcomes than 20, but I will leave it up to him when he wants to post it or not.

  5. #5
    Lujn
    Guest
    I'll be joining the party on this ribbon. This is my first article as I am a new member to this forum but I am looking forward to becoming a positive member and learning alot also.

    I'm going to read the rules of the thread so I will get up to speed and be sure that I understand them correctly.

    Moving to see the rules now so I could be ready to trade tonight. Will be trading this live from the start since I have a small trading account that I use for testing purposes.

  6. #6
    Lujn
    Guest
    Jpr,

    I was wondering if it'd be possible for you to post your charts as soon as you've taken your trade?

    I really don't understand where you live and your situation that is why I am just bringing this up now.

    The reason I am asking is because seeing the trades as close to live as possible (hindsight is fantastic but live is better) in my view is a much better learning tool and trains one to spot the legitimate trades simpler (at least in my view ).

    If this is not possible for youpersonally, I completely understand.

    I really like the foundation foundation for this method and am excited about trading it and being a valuable member to the thread.

    From the look of' original thread, he's well on his way into Financial Stratosphere. I am convinced he'll drop by from time to time so I just want to thank him now for sharing his orginal method.

    I also want to thank you for adding your own spin and sharing as well.

    I've went over the orginal rules and printed them out so I am hoping tonight I am going to be able to get my feet wet and begin the journey to financial freedom for my loved ones.

  7. #7
    vilarin
    Guest
    You appear to have outcomes that are great

  8. #8
    Lujn
    Guest
    I just got done reading the orginal method and boy does it seem that things are beginning to get off course.

    I see why you began this thread Jpr. I sure hope that doesn't happen over here in this thread.

    I think that I understand the system pretty well and that I am happy about.

    I will give a warning right now that since I am new to this process I will be posting my own charts and hopefully that doesn't bother anybody because I am a new member.

    Seems we have a little more than two hours left before we could start looking for legitimate entries so I will watch some tv and then log on later.

  9. #9
    Lujn
    Guest
    Well Frankfurt just opened so it's time to try to find a valid setup.

    Hopefully my understanding of the principles is correct. After I feel a valid trade has set up, I will post a chart for all to look at and allow me to know if I was correct with my trade if I was wrong per the principles.

    With adding an extra trade the most one can shed is -10percent in one day and also the most one can gain is 30percent in one day.

    Lets hope that there are more 30% days than -10percent days.

  10. #10
    Lujn
    Guest
    Here is my chart showing what I think to be a legitimate short entry. I'd greatly appreciate it if Jpr or anybody else who has a solid comprehension of this egy would check out the chart and let me know if the transaction is legitimate.

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