Thousand Advice for trader

[sasco]

MTH2014 wrote:

Assalamualaikum wr wb. Hi My Brother, Dr.Selim.. Very Inspiring Story.. , Good Trader is a Risk Taker with Good Knowledge… Bad Trader is also a Risk Taker but without Knowledge.. I play with this forex market since 2000, and quickly become my main hobby.. lol. I really love ‘the beauty of charts’ from geometrical side and when MT3 come with mql programming then I also learn it until know.. Martin Pring and Steve Nisson also my favorite and at last I fall in love with Renko… and become renko lover. I consider You as our “Senior Advisor’ for our Penguin Traders site here, please always give us your great suggestions and advices in any related fields.. May Allah S.W.T Bless You and Your Family and Friends with Strong Faith, Good Healthy, Continuing Wealthy and Prosperity forever.. Wassalamualaikum Wr.Wb. MTH

We3alikomAssalom Wr.Wb My brother and friend

THANKS very much MY BROTHER for many things i’ll refer here for only two of them

Your amazing chart and for your KIND  words

sure you change the view for many by your amazing chart and I hope they will benefit from it

You and all friends here are so smart and generous ….

I’ll borrow your sentence

May Allah S.W.T Bless You and Your Family and Friends with Strong Faith, Good Healthy, Continuing Wealthy and Prosperity forever..

Thanks again my BROTHER

Wassalamo3alekom Wr.wb

• This reply was modified 11 years, 4 months ago by sasco.

[sasco]

Tip of the day

As most of us are very short term trader you must know at least microeconomics data and news for today and tomorrow and better if you look to the whole week data

and if you can’t read (understand) this news you need to avoid trading it and using it as a catalyst for your position

 

(later I’ll discuss how to read this economic NEWS )

[sasco]

Tip of the day (strategy)

1st  Build your strategy and 2nd trade like Wholesales grocery 

[smallcat]

sasco wrote:

Tip of the day (strategy) 1st Build your strategy and 2nd trade like Wholesales grocery

hi my friend, do you mean trading small lot but many orders ? (they can be at the same time, or near each other) .  so, we can get some cents from rebate  thanks

 

 

• This reply was modified 11 years, 4 months ago by smallcat.

[sasco]

smallcat wrote:

sasco wrote:

Tip of the day (strategy) 1st Build your strategy and 2nd trade like Wholesales grocery

hi my friend, do you mean trading small lot but many orders ? (they can be at the same time, or near each other) . so, we can get some cents from rebate thanks

Yes Exactly my friend

look at this pic as example in 2008 this account may be if i remember arrive to more than 500% profit within 6 month

Also if I remember ( forgive me if not ) the strategy is so simple green   1H candle buy for 5 pips also I think there is filter I add to it later may be Moving average of course with some liability

The important thing in it small amount with small pips as you said
Any strategy with high efficacy MM will win

 

 

Attachments:

You must be logged in to view attached files.

[sasco]

Don’t Trade price not available in the recent market or in your time frame …….

i.e. Your order might have this two criteria Take profit price prefer to be within the last 4H , daily price or maximum last week (your time frame entry )

your stop loss avoid to be within last 4H price at least

Note: your trading price is your take profit as this is the price you need it

 

[sasco]

Merry Christmas and Happy New Year 2015 to all friends and followers and readers in PENGUIN forum and all over the world 

I hope all of you done well in the new year

 

[Saver0]

Merry Christmas & Happy New Year to you as well my friend!! Hope you and your family have a great one!

Focus, Patience, Determination & Order in chaos

[sasco]

Never ever manage account for any one because you will lose it as the emotion increase specially if you manage after losing your money

Never ever give your money to any one to manage because you will lose two thing your money and your friend

Two way to put your money for teaching and losing in this market !!!

And if you don’t have money (because you lost it ) trade demo as real money if you win (will not happen) ask your broker to withdraw your profit and  cry about your broker who stole your profit money from demo !!!

Try another demo with another good broker and repeat again and again

If you do that You just learned How to trade with this market !

[sasco]

Merry Christmas to all…….

And Happy new year to all member here or there and all people all over the world

This is my first program in MT4

I introduce it to all of you , dashboard with three dimension of Multi-pair and Multi-time frame with Multi indicator all of them at one screen

this is the version 1

feel free to share your idea about the the dashboard world

and if there is any error I’ll improve it later

I hope this will help you to get GREEN PIPS in NEW year

Of coarse the signal come from this indicator is the default signal

and Green for buy Red for sell and Yellow for no signal

Later I’ll improve the input

now i choose EURUSD,GBPUSD,USDJPY and EURJPY

 

Green Pips in 2015 to all

Thanks

Selim

• This reply was modified 11 years, 4 months ago by sasco.

Attachments:

You must be logged in to view attached files.

[Zelo]

Happy New Year to you sasco

[sasco]

Zelo wrote:

Happy New Year to you sasco

Happy New Year My Friend Zelo

[sasco]

UPDATE

Now You can enter your parameter

for MACD the signal come from main line crossing the signal line and both above 0 for buy and below 0 for sell

also for RSI crossing of two RSI and the both above 30 for buy and below 70 for sell

How to Trade Dashboard3M

1- choose the pair you want to trade

2-look at the color of the overall boxes color either Red or green (overall picture )

3- Choose your time frame ( according to your MM and your personality ) If you trade 15 m you must look to at least three time frame above it 30M and 1H and 4H

4- You have in the three time frame 24 box plus the 8 for the time frame you want to trade

5- At least 75% (20 box )has the same color either red for sell and green for buy

6- The time frame you want to trade has opposite ratio (we are in correction )

7- When our timeframe (here 15M) become 50 % with our color then look at price chart and go on with SL and TP

8- Sure if you choose 15M as your time frame this mean small Tp (20 pips) for and small Sl (15 pips )

9- Don’t Risk more than 2% in any trade

10- Avoid trading News (Gambling for newbies as it need high experience )

Download the latest version

Green Pips in 2015 to all

Thanks

Selim

Attachments:

You must be logged in to view attached files.

[LITEchild]

sasco wrote:

Merry Christmas to all……. And Happy new year to all member here or there and all people all over the world This is my first program in MT4 I introduce it to all of you , dashboard with three dimension of Multi-pair and Multi-time frame with Multi indicator all of them at one screen this is the version 1 feel free to share your idea about the the dashboard world and if there is any error I’ll improve it later I hope this will help you to get GREEN PIPS in NEW year Of coarse the signal come from this indicator is the default signal and Green for buy Red for sell and Yellow for no signal Later I’ll improve the input now i choose EURUSD,GBPUSD,USDJPY and EURJPY Green Pips in 2015 to all Thanks Selim

 

Very nice work Sasco. Tnx for sharing your hard work.

[hannele]

Thank you Sasco.  Happy festive season to you too

cheers

hannele

[sasco]

Thanks to all  of you speciall thanks to LITEchild and hannele

[sasco]

It is very difficult to me as i’m not programmer roughly 8 hrs to make this change and finally i copy and paste most of them from old indicator for SteveHopwood (thanks for him) also thanks for the market as it is in steady state (give me chance to look at the programming world )

Now you can see the Amazing Dashboard

in this v1.31

Now you can Change your pair (maximum 4)

and also you can choose only one currency and the system will choose the best four pair for these currency if you chose EUR the system draw 4 pairs for EUR

EURUSD,EURGBP,EURJPY,EURAUD now you can look at bigger picture for your currency with the most famous eight indicator with nine time frame all at one screen

you can measure the Currency Strength with your eye

then look at the chart and take your decision the most advantage is , your emotion will be in the correct side if you look to the strength screen dashboard….

Advice from me don’t buy or sell any currency before look at the strength on the eight indicator at nine time frame against the most proper 4 currencies it will change your mood and emotion

Now one currency with 288 monitor with 3 color

I think you can’t buy currency with bloody screen after today or you can’t sell currency with garden screen and sure you will sit aside in autumn screen

*** Something like Macroeconomic analysis

I hope it will benefit all of you

also you don’t need blank template the dashboard do it for you

Green pips for all my friend here and there

Thanks

Selim

Attachments:

You must be logged in to view attached files.

[hannele]

Thank you and green pips to you too, your work is much appreciated 

cheers

hannele

[Author]

Posts