Strategies, Systems & Indicators

[sumitdasjoshi]

hello guys this is today s result if any one intrested in it .

 

[Edward]

Sumit, You rock dude.. You simply Rock...

Take care and God bless...

This kind of results are achieved when we have three things, 'Faith, Discipline & Perseverance'. If you lack even one of these three things, you can never get success in trading.

For people who have tried everything under the sun, and who will try everything above it... just remember one thing, take a 'Simple' system, understand yourself as a trader, try to sync yourself with the system.. and then stick to it for a decent amount of time.... you will have that success which is so elusive in forex trading.

I have three established successful traders through lazy boy in this thread... Madhav, Sumit and Raghav.... which is three times my expected nos. when I started I thought even one successful guy out of this thread will be an achievement in itself.. Now I have three... I am glad...

God bless you guys... happy weekend and happy trading.

hello guys this is today s result if any one intrested in it .

 

[sumitdasjoshi]

hello guys today this is today result and one thing if you guys help me with can you guys tell me should i go live or not what you guys think about this wating for you help if .

 

[Rkji]

sumit



* you already know the answer !
* i hope you will rigorously use stoplosses in your live account as one bad trade in high volatility will wipe your account.
* i would suggest participating in forex contests on a regular basis.


keep the faith & all the best in your trading !



regards
rishi

 

[cool_kk]

License Expired..
Is it for me for everyone..
I was tryoing to install again and may have loaded old files.

Can anyone share new files ..?

Thanks
Kaps

 

[forexplayer77]

Guys,

I recently came across this thread. I am absolute newbie to trading. But i am quite excited about it, opened a demo account with Alpari. Looking to trade and contribute further.

Thanks to Edward for sharing and guiding people.

Hi, i'm also a newbie of sorts. Spent plenty of time doing my own research. I have been spending some time in a forex live room which has been very good in my development. I have like most got stung many times in the past. Main thing I am now focusing on is price patterns. Rather then my previous reliance on indicators alone. Now im using price patterns and then using indicators as just a back up. THe guidance has been gd and i like the way they are showing what they doing clearly etc. Not your typical room that give rubbish as they dont know themselves.

regards

Rahul

 

[Tavnaz]

Dear Edward,
I've been really wanting to know about Price action Strategies you have been using.
I know that this thread is for Lazy boy system,but anything new will still help.:thumb:
I know you are a great man,but so far now my any question to you about Price action have been unanswered.
So kindly enlighten my soul with your exceptional knowledge of Price action with Indicators.
Indicator Price action Confluence(IPC) is i believe you are using,correct me if i am wrong,so please elaborate on the questions like S/R and Order Flows etc.
Regards
Tavnaz

 

[rajesh_jadhav74]

Re: Easy 123 System - setup

Hi,

I had dowlnoad the ex file and templates in metatrader,but it is showing trial period is over.

Any other way to download.

Thanks.

Rajesh

This is a crossover method:
To make it easy for the beginners, I will give only two setup conditions... as you understand the system and have questions for typical situations we will discuss. them...

This is the first generation system for me... this was the first system that gave me consistent results.... Now I use and teach a completely different system,...


What to expect:

1. This is not a holy grail system
2. Gives an accuracy of 70-75 %

The setup : 30 min Time Frame - EURO JPY

1. The first thing to see is the lower window.... If the blue line is below the red line.... "WE WILL NOT TAKE A NEW POSITION, IF WE ARE IN TRADE ALREADY... NO ISSUES... BUT WE WILL STAY AWAY FROM THE MARKET TILL THE BLUE LINE IS ABOVE THE RED LINE"

This is adx, if the blue line is above the red that means the market has some momentum..... if the below,... you will see the market is more or less directionless.... sometimes you might miss a good opportunity because of this filter.... but more often than not... its a life saver.....


2. Look out for a fresh Crossover of the Yellow line and the Red line in the candles area....
a) If the yellow crosses the red and goes "upwards" that means the prices are in the mood to go upward
b) If the yellow crosses the red and goes "downwards" that means the prices are in the mood to go downwards...

"the crossover should be from the previous closed candle (the second candle from the right)..... it should not be from the running candle... as the running candle can turn into opposite direction and you will not see any crossover when that happens...

So we need a crossover that is from a closed candle and not from a running candle...... ( I know some will have an issue understanding this; we will tackle it later as and when it arises)

3. The candle that gave us the crossover is our TRigger candle....

a) if the crossover is upward i.e the yellow crosses the red and goes up... we are ready to go Long (BUY)...
Add 3 pips to the HIGH OF THE TRIGGER candle... i.e. the closed candle that gave us the fresh crossover.... this is where we buy....

3 pips above the high of the candle that gave us a crossover.....

b) if the crossover is downwards i.e the yellow crosses the red and goes down.... we are ready to go short (SELL)
substract 3 pips to the low of the trigger candle...i.e the closed candle that gave us the fresh crossover.... this where we sell...

3 pips below the low of the candle that gave us a crossover....


In a day, you will have 4-5 crossovers.....

2 or 3 will be 10 - 20 pips in profit... 1-2 will be 50 - 60 pips in profit.... but which ones will be the bigger ones... its easy and hard at the same time to know which ones to trade longer....

If we are trading EURO JPY.... its commonsense to know that when both the markets are open... that's the phase that will give you bigger trends.... when at least one is open that's when you get moderate to big trends.... when non is open thats when you get smaller trends....

Now install the temp and bring on the questions...

Happy trading....

PS>> the one who gives me 20 consecutive Positive trades from this method, will get a Trade Management ROBOT fine tuned for this system as a gift....

Regards
Ed

 

[ss16021981]

Eward my lazy boy is showing trial period is over.
pls give me link for new

 

[cool_kk]

Eward my lazy boy is showing trial period is over.
pls give me link for new

Lazy Boy is now professional system

It says it is used by so many users.. It is popularized/advised here

Good things is we guys got to use it free.. How much time.. Well ED says for life time for trader ji

I trust him but the problem is.. each time it expired..we have to wait.. as its developed by ED..we should get it for lifetime.. as we guys have hand in popularizing it too..


Sample from excerpt on website:
The Free Version of Lazy boy system of Forex trading is the most popular system and most followed system of forex trading in the esteemed portal www.traderji.com/forex where many technical analysts, strategists and professional traders contribute to the community. Our thread on Lazy Boy has risen to all time no.2 of traderji.com in terms of no. of views and is no.1 in terms of no. of replies, all within the first two months

Read Here full:
http://forexkhan.com/forex_trading_system.php

No offenses to ED or Anyone or Followers as I am also using it with other indicators.


Just giving facts

Wait for ED for license renewal.. I can bet it will be not free for lifetime if its selling on some brokers website.

Thanks
Kaps