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5% average monthly profit for at least 2 years (with less than 25% max. DD)

CrazyTraderfx (CrazyTrader)
Jun 18 2015 at 11:54
1718 posts
FxMasterGuru posted:
MHO_ProFXManager posted:
CrazyTrader posted:
You are looking for Holy Grail:


Price Action is the one and only Holy Grail! 😝😄


Show us the Money...! 😄


The money is coming...


Master account (Mine) opened trades:




Slave account (First Client from 11th June 2015) opened trades:







Attachments:


barebudben
Jun 19 2015 at 13:18
27 posts
Price action based system... trades infrequently... but high reward:risk (6:1 to 10:1) per trade...
Risk per trade is 1% of account.

https://www.myfxbook.com/members/barebudben/contraduo-live/1164229

M.H.O. ProFXManager (MHO_ProFXManager)
Jun 20 2015 at 10:56
31 posts
barebudben posted:
Price action based system... trades infrequently... but high reward:risk (6:1 to 10:1) per trade...
Risk per trade is 1% of account.

https://www.myfxbook.com/members/barebudben/contraduo-live/1164229


completly wrong! 'price' 'action' means as it describes, we trade the price value! no indis, no trend lines, nothing! only the price is relevant, you can trade the price on all tf, at every session.

barebudben
Jun 21 2015 at 10:02
27 posts
MHO_ProFXManager posted:
barebudben posted:
Price action based system... trades infrequently... but high reward:risk (6:1 to 10:1) per trade...
Risk per trade is 1% of account.

https://www.myfxbook.com/members/barebudben/contraduo-live/1164229


completly wrong! 'price' 'action' means as it describes, we trade the price value! no indis, no trend lines, nothing! only the price is relevant, you can trade the price on all tf, at every session.


You're completely wrong... the system is completely lacking in indicators, trend lines, etc... only price action (false break pin bars) Investigate a little further before you judge and make inaccurate statements

M.H.O. ProFXManager (MHO_ProFXManager)
Jun 22 2015 at 06:14
31 posts
useless...pa cant trade infequently!!!! every price value (tick) can be traded, up, down, side - if you say your system ist pa and it trades infrequently, there must be rules which prevents to open orders! at this point it isnt pa, because other rules (false break) then the price value are active...and this (your system) is not pa!...learn the basics please only trading the price value is pa, every other rules like trend, pattern, false break, or other rules, is never trading pure price action aka the price value!

CrazyTraderfx (CrazyTrader)
Jun 22 2015 at 06:54
1718 posts
Price Action doesn't mean tick move lol.

FxMasterGuru (FxMasterGuru)
Jun 22 2015 at 07:01
1607 posts
** The TOPIC and CHALLENGE is still the SAME since 2013: +5% average monthly profit for at least 2 years (with less than -25% max. DD) at a mainstream broker (preferably non-grid) **

Does such a strategy exist at all...??

So far nobody could show such a single account... (The 'famous' newstraders' claim is not acceptable because of their cherry-picked account compilation.)

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
barebudben
Jun 22 2015 at 11:12
27 posts

M.H.O. ProFXManager ... YOU'RE WRONG... EA trades Pin Bars which break above/below a Mother Bar and or an Inside Bar. It combines 2 BASIC PRICE ACTION phenomena (Pin Bars, Inside Bars) so perhaps you need to learn the basics of Price Action. The EA determines which setups to trade based on Parameters associated with the Inside Bar, Mother Bar and Pin Bar (ie. how long the tail of the Pin Bar is, how far above/below the mother bar high or low the Pin Bar tail breaks... etc. Please do not attempt to criticize or educate people on something you know nothing about (my system)

M.H.O. ProFXManager (MHO_ProFXManager)
Jun 22 2015 at 12:51
31 posts
i do not criticize any system i dont know, i target only your wrong terms in pa! inside bars are pattern! and pattern have rules, the one and only pure price action is trading the price value only!! not a pattern, not the shadows, not inside, not false break, not trend lines, ....

trading the pure price (value) is the master class of pa! all others are pattern trading (1-2-3,...) trend line trading, strength trading, breakout trading, its rule based! and so on - THIS IS NOT PA TRADING! open your minds and see what the price is doing! no more is needed!

CrazyTraderfx (CrazyTrader)
Jun 22 2015 at 12:57
1718 posts
What we call Price Action is the action within the candle itself... or combined with another one.
A pin bar reversal... and we will talk about price action.
All the day market was trying to make it higher.. and before the end of the day, market reverses sharply... We say Price Action has given a strong sell signal. (Price Action is simply the solfège of the chart)

Topic is locked