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fxrabbiM15Bomb: PA Around Breakout & Pullback Trading

  • #1
  • Quote
  • First Post: Edited Jul 17, 2016 5:40am Jul 12, 2015 1:42am | Edited Jul 17, 2016 5:40am
I have been around for a while trading the above system with great success rate, although I did not invented anything new and the few indicators use were gotten free from FF, my credit to them all.

As I said above, my trading system was built round 3 differrent trading system, but not in their totality, so my credit to them all.

Methodology:

1. PA
2. Trend
3. Strength
4. Momentum
5. Sync in pairs

We are using PA in two ways:

1. Breakout Trading: Constrainment.

10EMA - yellow/35SMA - blue/50EMA - red

2. Pullback Trading: 10EMA Touch:

10EMA




Components:

1. 10EMA - yellow/35SMA - blue/50EMA - red.
2. 5EMA - (lime & red arrow) - with 2 shift.
3. Shochastic Oscillators - (19 types).
4. CCI - lime & red arrow.
5. Round Number.
6. Pivot-points.


TimeFrames:

1. M15 TF - Entry.
2. H1 TF - Direction.




Trading Rules:



1. No trading H1 before Red News and M30 after Red News.
2. No trading the "Porcupine" candles.
3. Avoid any S+R ahead.
4. Trading Pairs: EURUSD, EURJPY, GBPUSD, & GBPJPY.
5. Trading Hours: London Open - London Close.
6. Minimum Daily Target: 20pips.
7. Always look for strength and sync status of the pairs you are going to trade.
8. Take Profit: 20pips.
9. Breakeven: 10pips.
10. Stop Loss: 10pips.
11. Stop trading after reaching daily target.
12. Stop trading for the day after 3 losses.

To your success:
Attached Image (click to enlarge)
Click to Enlarge Name: fxrabbi-trade-distilled-2.png Size: 93 KB
Be Dumb and Follow Price
  • #2
  • Quote
  • Jul 12, 2015 2:45am Jul 12, 2015 2:45am
hello, you do not have a template file?
  • #3
  • Quote
  • Jul 12, 2015 2:52am Jul 12, 2015 2:52am
Hello fxrabbi

Can you kindly upload couple of screens with your setup showing the break out as well as pull back?
  • #4
  • Quote
  • Jul 12, 2015 2:53am Jul 12, 2015 2:53am
Quoting mickael58
hello, you do not have a template file?
posted above
Be Dumb and Follow Price
  • #5
  • Quote
  • Edited 3:10am Jul 12, 2015 2:57am | Edited 3:10am
Quoting chandan655
Hello fxrabbi Can you kindly upload couple of screens with your setup showing the break out as well as pull back?
Let meet here on Monday.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 46 KB
Click to Enlarge Name: 2.png Size: 46 KB
Be Dumb and Follow Price
  • #6
  • Quote
  • Jul 12, 2015 6:50pm Jul 12, 2015 6:50pm
Breakout Trading: Constrainment:

1. Only trade with the trend of the moment, and there must be some trend.

2. At least three wicks in a row, or the body of three candles in a row, touch one of the MAs and then are rejected by the MA.

3. It's best if the candles are small and in a well defined high/low range.

4. There is no larger MA in the way of the trade.

5. The last candle before entry must close on the trend side of the MA.

6. Enter on the next touch of the MA.

7. Good trend: 35SMA/50EMA steep and parellel.





Pullback Trading: 10EMA Touch:

1. Only trade with the trend of the moment. (Trend of the moment is defined by price and the 10EMA in relation to the 35SMA/50EMA).

2. 10EMA is very steep. (as if pointing at 1 or 5 O' Clock).

3. Price moves 12-15 or more pips/one or two bars to touch the 10EMA.

4. First touch of 10EMA: Take it.

5. Second touch of 10EMA: Maybe if PA looks strong.

6. Never trade against the H1, if M15 conflicts with H1 then stay out.


Yomi
Be Dumb and Follow Price
  • #7
  • Quote
  • Jul 12, 2015 7:08pm Jul 12, 2015 7:08pm
Confirmation of Trades:

We will use the followings to confirm our trades/setups before taking them:

1. Stochastic Oscillators - Trend Direction and Strength (Filter to trades).

2. Psylevel Dashboard - sync in pairs.

3. Currency Strength -( Giraia) - Strength.

4. Kingpips - CCI - Momentum.

5. 5EMA - with 2 shift - Momentum.



Yomi
Be Dumb and Follow Price
  • #8
  • Quote
  • Jul 12, 2015 7:15pm Jul 12, 2015 7:15pm
Someone can do this EA easily.
  • #9
  • Quote
  • Jul 12, 2015 9:48pm Jul 12, 2015 9:48pm
Quoting fxrabbi
Breakout Trading: Constrainment: 1. Only trade with the trend of the moment, and there must be some trend. 2. At least three wicks in a row, or the body of three candles in a row, touch one of the MAs and then are rejected by the MA. 3. It's best if the candles are small and in a well defined high/low range. 4. There is no larger MA in the way of the trade. 5. The last candle before entry must close on the trend side of the MA. 6. Enter on the next touch of the MA. 7. Good trend: 35SMA/50EMA steep and parellel. Pullback Trading: 10EMA Touch: 1....
Hmmmmm......
  • #10
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  • Jul 13, 2015 12:41am Jul 13, 2015 12:41am
Quoting kostas1
{quote} Hmmmmm......
I am sure you have never seen this one
  • #11
  • Quote
  • Jul 13, 2015 12:42am Jul 13, 2015 12:42am
Quoting fxrabbi
Confirmation of Trades: We will use the followings to confirm our trades/setups before taking them: 1. Stochastic Oscillators - Trend Direction and Strength (Filter to trades). 2. Psylevel Dashboard - sync in pairs. 3. Currency Strength -( Giraia) - Strength. 4. Kingpips - CCI - Momentum. 5. 5EMA - with 2 shift - Momentum. Yomi
looking forward to see this in action!
  • #12
  • Quote
  • Jul 13, 2015 1:18am Jul 13, 2015 1:18am
Quoting tonny47
{quote} I am sure you have never seen this one

No, tonny, he's my Boss o.....,hope I'm permited to fire on.....I want to put the house on fire, thanks for being an inspiration to so many of us.


Yomi
Be Dumb and Follow Price
  • #13
  • Quote
  • Jul 13, 2015 2:03am Jul 13, 2015 2:03am
H1....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 43 KB
Be Dumb and Follow Price
  • #14
  • Quote
  • Jul 13, 2015 4:02pm Jul 13, 2015 4:02pm
EURUSD to TP +BE = 20pips + 10pips = +30pips

Trade Ideas:

1.Breakout.
2. Stoch Rope - break 50 line.
3. Momentum. - 5ema + CCI.


Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmicroM15.png Size: 42 KB
Be Dumb and Follow Price
  • #15
  • Quote
  • Jul 13, 2015 4:09pm Jul 13, 2015 4:09pm
2nd trade of the day: total 40pips

EURUSD to BE = +10pips.


Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmicroM15.png Size: 42 KB
Be Dumb and Follow Price
  • #16
  • Quote
  • Jul 13, 2015 4:41pm Jul 13, 2015 4:41pm
Quoting fxrabbi
2nd trade of the day: total 40pips EURUSD to BE = +10pips. Cheers, Yomi {image}
Hi Yomi.

well trade.
But i really don understand how u trade.
ANywhere i still stick to M30 trading.

Have a nice pipping day
Trade With PDF & Wisdom
  • #17
  • Quote
  • Jul 13, 2015 7:03pm Jul 13, 2015 7:03pm
Quoting MosesNMY
{quote} Hi Yomi. well trade. But i really don understand how u trade. ANywhere i still stick to M30 trading. Have a nice pipping day
Try to learn both systems, both are very good.

Cheers,
Yomi
Be Dumb and Follow Price
  • #18
  • Quote
  • Edited 8:45pm Jul 13, 2015 7:40pm | Edited 8:45pm
Taking Trades:

Stochastic Oscillator:

1. Rope - Trade the rope.

2. Combs in Threads - Stay in trade.

3. Fishnet in Threads - Stay out of trade.


NB:

When all the stochastics converge together we'll see one thick line and that is when we trade. We just follow the trade until our rope beings to unravel.


Cheers,
Yomi
Be Dumb and Follow Price
  • #19
  • Quote
  • Jul 13, 2015 8:01pm Jul 13, 2015 8:01pm
Quoting fxrabbi
Taking Trades: 1. Rope - Trade the rope. 2. Combs in Threads - Stay in trade. 3. Fishnet in Threads - Stay out of trade. NB: When all the stochastics converge together we'll see one thick line and that is when we trade. We just follow the trade until our rope beings to unravel. Cheers, Yomi
what's the name of your stochastic oscillator in your download zip? thank you -jason
  • #20
  • Quote
  • Edited 8:42pm Jul 13, 2015 8:24pm | Edited 8:42pm
EURJPY to TP = +20pips


Trade Ideas:

1. after the touch of 10ema/R3/RN-136.600 - confluence.
2. CCI - kingpips.
3. Strength


Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 44 KB
Be Dumb and Follow Price
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