Strategies, Systems & Indicators

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A NEWBIE GRADUATED
Dear All,
I'm live from today (Earlier than expected, EXCLUSIVE COURTESY EDWARD N HIS MARVELOUS CHILD LAZZY BOY).
Made 5.2$ since mng on a .1 lot on 1H TF.
Thanks Eddie ... BIGGER THANKS LAZZY BOY.


There is absolute Abaundancy for everybody's NEED,
BUT
There is obsolete Scarcity for anybody's GREED

WISH U ALL PROFITABLE TRADING
Best of luck!!! :cool:
 

Edward

Well-Known Member
Congratulations Madhav,

I am very exited and thrilled today Madhav... I have a lot of expectation from you and Sumit here in TJ, as forex traders. Others see forex trading as 'another good option', and two of you see forex as 'the only option'. There is huge difference in these perspective.

Hope you guys remember the day when I posted the Primary Objective of this thread, today is the breakthrough day for this thread. and thank God that Madhav has taken the first step and is tasting the success. I want more and more people to take your first baby steps and start towards the ultimate goal... but with lot of practice.

I want to see Raghav, Guna, Sumit, Sunny, VSSOMA, Linkon, Animedia, Boufalo, Sh3v, Ashish, Sandeep and many others to be successful in forex trading... I am sure,, with Madhav's 'Boni' we will have a streak of successful traders from TJ here... So lets get rocking...


So bring on your best and rock...

Dear all,
Since Mng, 13 trades, 12 winning trades. profit 58.2$. hv 3 running trades.
wl post da result again by 6.
THANKS A LOT ROARK.
 

Edward

Well-Known Member
The Next Trader in Line with Lazy Boy

Look at the statement of Ashish, who has been using Lazy boy for a while...
I am very much impressed.... those who are struggling ask ashish, and the senior friends here, we have a pro in the making.... too early to say, but he has got the rhythm right as for now....

I have promised Ashish, I will work with him this whole month and lets see... God willing, we will have a good trader by the year end.

 
has neone seen OLD FOREX LION ( who cant prey for himself now ) -- if neone seen, tell him, his biological father PANINFOSYS awaits him :)

mr. PRIT GILL -- dont take any panga with edward. a simple chindi new bee studetn of his lazy boy system is an EVEREST for you to climb.
 
Congrats Ashish and a bigger congrats to Edwards.

I have gone through most of this thread and am surprised at seeing the efforts put in by Edwards. I dl the lazyboy system and saw the charts, also saw the charts posted by many of the members here. I have a few stupid doubts, if you dont mind:

The chart shows a lot of buy and sell arrows ( See the picture attached). Even if you filter out the few signals which are not taken because of ADX parameter, there still are a lot of signals. Now, as i see it a few of them will give a profit and a few loss. Now, how do u filter which ones to take(am talking after 1st round of filtering with ADX)

In the picture, ONLY the ones circled are not to be taken as per Lazyboy(this is my understanding).

We know were to enter, we know the stop, but we dont know where is the profit exit. How do we find that. I mean do we look at the risk reward while booking profits. Suppose a buy trade has a stop loss of 40 pips, do we still book profit in that trade after we get say 20 pip?

I have rarely seen anyone posting more then 1-2 loss with this system. But when I backtest it I am getting more losses then what others are getting.

In case a trade starts to go against us immediately, do we allow it to reach the stops or is there any course corection in between.

I think I must be making some mistake in understanding it correctly. Please help me and let me know how to proceed with it.

King Uncle

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Paninfosys Sir one request

Hi friends, I was quite busy this last two weeks so i can't posted here.
But I m happy to see maidass making profit and ashis also doig good trades. this give me confidence to go real live also.

Paninfosys sir, i request you plase help newcomers like me and lets not fight here in this thread. all threads divert from the main subjet and discuss not important things in forex. this post helped me and is helping us... so pl pl pl dont satrt a fight here..

forgave me for my english, if my yunger brother is with me... he writes good english... but me cannot.

has neone seen OLD FOREX LION ( who cant prey for himself now ) -- if neone seen, tell him, his biological father PANINFOSYS awaits him :)

mr. PRIT GILL -- dont take any panga with edward. a simple chindi new bee studetn of his lazy boy system is an EVEREST for you to climb.
 
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