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Silat50 replied Feb 19, 2013Thank you charvo for your kind words. At least somebody is listening. -) What my journal has just shown me about volume in the 7 system: Over 80% of my biggest winners, meaning most pips... came with one or more of these criteria: 1-The last 2 ...
The7 Trading System
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Silat50 replied Feb 19, 2013Volume rules! What I came here to mention was I'm looking at the volume on most of these charts and on the 60min bars where real volume can RARELY hide, WHEN YOU CANT SPOT IT ON THE DAILY, its too small, and 4 hrs as well, the biggest volume bars ...
The7 Trading System
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Silat50 replied Feb 19, 2013I beg to differ, whatfx. The euro if you look at a weekly chart sows a bit of a different story. It retraced 50% of its loss,broke thru that 50.0 FIB number but.....came down hrd with a big solid red bar the next week and has just started nibling on ...
The7 Trading Method Signals Thread
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Silat50 replied Feb 18, 2013Why the Daily Bars Rule: I tried andre. 60 min and 4 hr charts for a long time. It doesnt work. This system is no good for anything but daily charts. Here is my theory on "WHY". In a 24hr period many of the 4 hr and 60 min bars have no meaning ...
The7 Trading System
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Silat50 replied Feb 17, 2013Thanx Brix, You are right. He said 12 a month. But that was just with one pair, right? So, I was hoping we would get 50 a month if we were using 12 or 20 pairs with strong currencies only of course. But as you said it has been slow. I never thought ...
Simple Money Making Method
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Silat50 replied Feb 15, 2013ONE MORE THING: All of us should be keeping records of when we lose a trade...what could we have done to make it into a winner, even if the rules are outside the 7 system. Lets share this info! nAnyone can talk about a winner. But you LEARN.....from ...
The7 Trading System
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Silat50 replied Feb 15, 2013TAKING A BREAK: Guys, I need a break from the thread. I cannot make trading my whole life and I'm stepping back a bit from it. I encourage all of you new people to not ask questions every single day as it distracts the older guys who if you just sit ...
The7 Trading System
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Silat50 replied Feb 13, 2013Are there enough plays per week if system is followed correctly? Im not getting enough! Gentlemen, I truly enjoy knowing I am following a system exacty to a T. But I am not getting enough trades, maybe one a week if I wait for "the bounce" of price ...
Simple Money Making Method
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Silat50 replied Feb 13, 2013I do Brixton. But not since starting this system. I closed my equities acct. But with the leverage Forex gives you, and you still love stocks, you must have a sizable acct. In your opinion, with double margin, how much do you feel a person needs in ...
Simple Money Making Method
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Silat50 replied Feb 13, 2013BACK IN THE GPY/AUD SHORT-Those of you who remember several days ago I just about wrote a book on why I loved that gbp-aud short. So look what it did. It stopped us out, then 3 days later here comes the short signal again and iM ALL OVER IT. This ...
The7 Trading System
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Silat50 replied Feb 13, 2013No. It was a nice buy 3 candles ago when the 1st small green candle on your chart closed in the middle of the band. This should be your 3rd day in the trade. I suggest you check your band settings for 5-high, 5 low ema. Or go find the instructions ...
The7 Trading System
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Silat50 replied Feb 11, 2013[QUOTE=Silat50;6436807]I dont know what this has to do with the price of eggs,as the saying goes, but I have also been using a 60 min bar system aside from this ,lately. And it is amazing how I can spot tops and bottoms, exhaustion bars, you name ...
The7 Trading System
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Silat50 replied Feb 11, 2013I dont know what this has to do with the price of eggs,as the saying goes, but I have also been using a 60 min bar system aside from this ,lately. And it is amazing how I can spot tops and bottoms, exhaustion bars, you name it, all kinds of ...
The7 Trading System
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Silat50 replied Feb 11, 2013There will always be a lot of false signals. The key is to find a system where it doesnt matter. As for me, I found this system where almost every single pair was giving off huge winning signals tallying up 3,4,500 pip gains before getting stopped. ...
The7 Trading System
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Silat50 replied Feb 8, 2013Im with you on that one Brixton. Did you also take the Eur/Aud short? Im especially keen on Euro shorts..."if" they trigger(smile) more than other plays right now for one reason. LAST week the Prime Minister of France announced that they are ...
Simple Money Making Method
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Silat50 replied Feb 8, 2013still in gbp/usd down 58 pips and re-entered gbp/aud tonight. stop at high of day. this puppy is coming down!!!! Yeaaaaaah baby! 30 pip risk for over 400 pip win in my calcs. LOTS OF EUR and JPY shorts triggering today or simply enticing us to get ...
The7 Trading Method Signals Thread
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Silat50 replied Feb 8, 2013getting in now: eur/aud 13009 stop 130644 aud/jpy-96068 got in within last 2 hrs-eur/nzd- 16053 ALL TRADES SHORT. BEEN IN EUR/CAD since 2/5 at 135192 -I dont count very late added trades by others, dont count mine.
The7 Trading Method Signals Thread
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Silat50 replied Feb 7, 2013awesome whatfx. But why are you out. This trade might just be getting rolling. You dont stay in until the high of the previous bar/candle is breached which is the way the system gets out? This system has merit regardless how it does on any ...
The7 Trading Method Signals Thread
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Silat50 replied Feb 7, 2013Sorry I forgot to give you guys the chart I was saying is a great lesson to us all. Would anyone had taken the trade before that big engulfing bar of yesterday? No way!
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Silat50 replied Feb 7, 2013Why we always miss the best trades: Those of you who know me from the past, know I am always saying its the trade you really dont want to take that causes you the most sorrow. And those of you who know me from this thread know I have done well with ...
The7 Trading System