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forexchief

Kevinator 5m retracement system-Live trading

Discussion in 'Sistem Trading Forex' started by kevinator, May 15, 2011.

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  1. kevinator

    kevinator New Member

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    I will trade this system live.You can see my open positions on screen shots.
    I am american trader with gift for indonesia.


    I am very busy all the time and yesterday today finally got to business of the system.

    5m Kevinator retracement system Majors only(eurusd*usd/chf*gbpusd*aud/usd*usd/cad)5 m chart only.

    This system is a trend following system that uses the multi time frame stochastics as a definition of the current trend the market is in. If the market is stepping up then you take buy retracement bars.If the market is stepping down you take the sell retracement bars.

    Retracement bars are the magneta(purple) bars on the indicator on the bottom.If the market is stepping down you take the downward magneta bars as entry.If the market is stepping up you take the upward magneta bars as entry.
    LONGTERM
    You can either enter the market (long term) when the mtf stochastics is changing directions and hold until trend is done or at any of the retracement bars going in the direction of the trend and hold (20-400pips)
    SHORTTERM
    You can scalp the market by finding the direction of the current trend (stepping up or stepping down) and entering the retracement bars and taking 5 to 20pips profit.

    There are two ways to trade this system but the entry rules are solid.We have a solid method to define a trend (mtf stochastics) and a solid entry method ( enter on retracements).

    It is up to you how much profit you take as you could be following a trend for days or just scalping all day long for short profits.

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  2. kevinator

    kevinator New Member

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    Live trade gbpusd 5m 50+pips

    Last weeks live trade for 50+ pips.There were many entry points but I took first one and held position.

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  3. kevinator

    kevinator New Member

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    last weeks audusd5m trade live 20+ pips

    Last week trade of audusd for sale position.I held but there were other entry points.20+pips

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  4. kevinator

    kevinator New Member

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    last weeks eurjpy5m trade live almost 100pips

    Eurjpy trade for almost 100pips last week.Held trade and there were many entry points.

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  5. kevinator

    kevinator New Member

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    last weeks live trade gbpusd5m 10+ pips

    10+ pips on this live trade following system hard rules.gbpusd5m

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  6. kevinator

    kevinator New Member

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    last weeks eurjpy5m live trade 30+pips

    Last week 30+ pips although market surge to 50+.There were many entry points along the way.

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  7. kevinator

    kevinator New Member

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    Last weeks eurusd trade live 100+pips

    Took the buy trade off the flat eurusd.Trade 100+ pips and more.There were many entry points along the way.

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  8. kevinator

    kevinator New Member

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    Last weeks audusd trade 60+ pips live

    Long buy position with many entry points along the way off the flat 60+ pips audusd 5m.

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  9. kevinator

    kevinator New Member

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    Last weeks eurusd5m trade 30+pips live

    Traded the eurusd5m chart for a buy position 30+ pips positive territory.

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  10. kevinator

    kevinator New Member

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    Last weeks eurusd5m trade live for 20+ pips sell

    Eurusd trade for 20+ pips and there were more entry pojnts along the way.

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