You must really having a great time harvesting pips!! have the system been very good to you? are you hitting the 90% per Imran's claim..
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Dislikedhi shocker,
the adjustment looks good, well done!!
My only concern is are you finding that you are getting more false signals with the new settings??
thanks
amarjitIgnored
DislikedHow do you guys, that obviously target the bigger moves, handle your stop/loss? After seeing your examples you can't keep a S/L at 20 pips as you would be stopped out many times before the actual move. Any tips and tricks?Ignored
DislikedIf u r new to this system or even to trading I suggest that u first forget about the bigger pips. y take the big steps if u dont have the little ones perfected first? Make sense in my mind to do it that way.Work on the 5min strat, read over the PDF that Imran has taking time to write and perfect everything in the book first. it like going to college to learn FX. U can have all your questiosn answered when needed. Take your time. 5min TF will produce a lot of pips. When i was typing about the lag settings i jumped in on the retrace of the gbpjpy and was in and out for 35pips in 7mins. which that pair produced a lot more then that on the retrace, but i had to get back to other things i was doing.
Ignored
DislikedThanks for your reply. Well I'm not new to the forex and already trading, have been for years. I have read the pdf and the entire thread. I did some work trying to wash out some of the slow/fake moves by adding a 5,3,3 stoch (earlier post here). Found the MACD by Fxdiva was another great confirmation tool. This system looks very good and is perfect for manual trading, but the suggested stops hunts me? 20 pips is tight even if you just hunt the small moves, and it's then the stops gets in the way. I, as many others, have 8 pip spread, and a t/p for 20 gives me 12 pips after spread. After a signal the price moves against you with more than 20 pips very often and takes your stop out, and It takes many "wins" to make up the loosers. So again, I put a simple question out there, on how you guys manage stops. I guess for 1M a 15-20 pip S/L is in place but on 5M? Also, I put the question out there because I guess that many of you do not use just a 20 pip stop, and It could be of importance to others reading up on this strategy, how stops can be handled. Or Is it just me missing out on something..
Keep up the great work here, as this system looks like the best thing here on FF.Ignored
DislikedHI Frank
I was not able to login to the site for a week now, therefore could not reply to many of the queries here, over the weekend wil look to do that
Reg Stops, on 5min is has to be 25+spread from the best setup as per the PDF ( which btw will be updated over the weekend with some major changes ) . Once price moves +40 Pips i recommend u to lock in BE + 10 pips and then move stops in increments of 10 pips for every 20 pip moves.
if you have taken the correct setup on the signal of crossover in stoch and lags, then 80-85% of the time ur Sl will never come in play
regards
ImranIgnored
DislikedHi Imran.
First... Great work you have done here. You deserve all the power for sharing your way of trading and helping others in the way you have done.
I was actually about to correct myself as I was writing the wrong S/L as it is truely 25 pips.
Also after reading your PDF, for like the 25th time I guess, I noticed on one of the charts you mentioned (tho only place I find regards to where stops are placed) that the stop should be placed above the recent high/low. I have always thought it was from entry price which could explain my confusion. Just to be clear, where should the stop actually be calculated from, last High/low or entryprice?
Thanks again Imran, I will be waiting for your updated PDF with excitement.Ignored
DislikedMy chart package does not provide the laguerre indicator. Can anyone suggest me a suitable chart package. I also found that the files attached to Imran's very first message had .mg4 extensions. What are those and how to use them. Thanks in advance.
Rabi.Ignored
Dislikedwhy would you chose to scalp a pair with such a wide pip spread?Ignored
Dislikeddear imran
thank you for your great work ....
but ... please update the the template in post no-1
because the template is diffrent than the picture that you put
sorry for my bad english
thanks againIgnored
dear imransait
http://www.asisupplier.com/91262/_im..._Thank_You.jpg