I have a setup of 3 candles with GBP/USD. Long GBP/USD at 2.0324; TP1 2.0354; TP2 2.0424;SL 2.0234

Simple Daily System

Nope, i just saw that we have a 3 candles(bars) formation on friday but according to the rules we have to enter with the opening of 4th candle and this should be the beginning of monday. I don't count sunday candle but i can make my entry late night ...

Simple Daily System

Yes, he changed sl/tp to 30 or 40 pips depending on strength of the trend. So he uses only one lot and his sl is about 30-40 pips and tp is also 30-40 pips so risk/reward rate is equal 1:1. And he watches and trades more pairs than me

Simple Daily System

Well, kittiman proposed to count not a 3 candle(bars) formation but 2 and got pretty good results with GBP/USD as he showed in his charts. Today there were 2 successful trades with GBP/USD and EUR/USD as mentioned on Friday. TP1 was hit with these 2 ...

Simple Daily System

I like your charts and approach to this system! We can test 2 and 3 candles idea simultaneously and compare our results. Besides seems your SL on the charts was only 30 pips. Would it be enough for daily trading? We'll see this in time i guess.. ...

Simple Daily System

Hello kittiman, No problem with English, I can understand German as well : You've got awesome results this week! Seems like you have modified system rules a bit as for TP and possibly for SL..Perhaps you can find better values and get more profit ...

Simple Daily System

Thank you BB, hope this will clarify time differences and broker issues

Simple Daily System

Could you tell your local time and time of your broker? 'cause my time and time of my broker is the same and it's GMT+2 so i have never experienced any problems for adjusting time to trade. If you want to figure out this difference maybe a good idea ...

Simple Daily System

Yes, eur/jpy has a setup today but i took a trade yesterday so i have to wait at least 2 full days to enter the market with this pair according to the rules of this system. If you didn't make it yesterday due to differnt counting of daily candles ...

Simple Daily System

I think there is no way to sync the data different brokers providing us As a result we'll have different entries and different gains and losses..

Simple Daily System

Hmm..interesting..I just checked IBFX and it showing the same chart I posted above with NorthFinance..You have a bullish bar on 23 of July..but i have a bearish..weird..

Simple Daily System

I think it depends where you started to count daily candles. Look at the chart

Simple Daily System

Closed GBP/JPY for total 130 pips profit. No opened trades for today. Today profit: +130 pips Total profit (since 19 July): +330 pips Regards. .

Simple Daily System

Short GBP/JPY with the opening of daily candle at 247.45; SL 248.34; TP1 (30pips) at 245.15 hit, 1 lot closed and SL of 2nd moved to B/E. 2nd lot still in play and currently + 60 pips (246.85).

Simple Daily System

For now i stick only to 3 pairs: GBP/USD, GBP/JPY and EUR/JPY. I always use the daily candle opening time and it's 00:00 GMT for me. If I would like to test other pairs and follow the rules of this system I should use the same time 00:00 GMT for any ...

Simple Daily System

Glad to hear i can explain smth As for your question it's not quite that way. This sytem allows to enter the market during any day if there was a previous 3 days appropriate setup. Say, we have a setup on thursday, friday, then goes sunday (we ...

Simple Daily System

There should be a way to tweak this system by adding additional indicators or to make it more discretional (compare with current S/R levels, getting confirmations or confluences with price action stuff and etc) but suppose this will mess the system ...

Simple Daily System

Nope, i do not consider sunday candles and that's why i haven't performed this test. If from your point of view sunday candles should generate more profit it would be great to test it and share the results with us.

Simple Daily System

GBP/USD is stopped out -90 pips (-180 pips for 2 lots). EUR/JPY TP1 and TP2 hit + 30 and +100 pips. For today: -50 pips. Total (since 19 July): +200 pips

Simple Daily System

Well, as mentioned yesterday we have a setup today for long GBP/USD and short EUR/JPY. Long GBP/USD at 2.0625; SL 2.0535; TP1 30 pips; TP2 100 pips (testing second variant as TP1 20 pips and TP2 60 pips) For now we have -60 pips (actually -120 ...

Simple Daily System