Tradehunter wrote: Fri Jun 21, 2024 3:39 am No Majors?
We need an ask Jimmy thread!!!

Agree, we need Q&A thread with all experts around here , and maybe bring back the tradition thread of Most Volatile Currency Pairs of trusty Jimmy, last one i can see is 2022, wonder if i miss where to look
post1295484188.html#p1295484188

Tradehunter wrote: Fri Jun 21, 2024 3:39 am No Majors?
We need an ask Jimmy thread!!!

Haha no majors for me I like the movement of minors. Nothing wrong with EURUSD etc. but the lack of movement and huge market crowd confuses me. Plus the indicators tend to have just a bit less certainty in their signals for my style of trading when I trade majors.

With the minors you've got less market competition which helps identify better opportunities, avoid ranges and join big swings.

But yeah minors come at a slightly higher cost and my leverage is capped at 20:1 for minors and 30:1 for majors as I'm in Australia, using an Australian broker (Pepperstone). So for this small test account I've deposited $5000 and that allows me to comfortably trade a full lot size or less. Depending on what lines up.

Fridays I tend to stay out until New York session and I won't trade unless everything really lines up.

PS: Not sure if you remember but I use to post my live trades on here in the early days of Forex-station with a linked myfxbook but pulled those threads as I was getting hammered by critiques who claimed my trading was fake, risky etc. But that's the past I'd like to get involved in this topic as an ode to Beatle's work and hopefully show others that you can trade for real using the indicators and systems on our site

Jimmy wrote: Fri Jun 21, 2024 11:28 am I use to post my live trades on here in the early days of Forex-station with a linked myfxbook but pulled those threads as I was getting hammered by critiques who claimed my trading was fake, risky etc.

I was one of those critiques lol..... then Jimmyboy showed his trade login & myfxbooks blew my head off literally seen best equity curve in my life and it was the real deal....... learn so much after that!!!

moey_dw wrote: Fri Jun 21, 2024 11:38 am I was one of those critiques lol..... then Jimmyboy showed his trade login & myfxbooks blew my head off literally seen best equity curve in my life and it was the real deal....... learn so much after that!!!

Those were the days

Jimmy wrote: Thu Jun 20, 2024 7:22 pm Good question. The 3x ADR displays the maximum pips an entire trend (swing) lasts for.
Every time a pair reaches near the 3xADR the trend will have to reverse eg.

• 3x ADR of GPBJPY is 448 pips
• Once price has moved close to this, you would look for a major reversal as it will not exceed the 3x ADR.

It's mainly used as a take profit guide. This is done by:

• Dividing the 3x ADR by 3.
• The sum is your take profit target eg.
  • GPBJPY's 3x ADR is 448. Divide it by 3 and you get 149 (pips).

So 149 pips is the amount of movement into the trend's direction you would anticipate from a session, depending on where you get in. If you're late, just subtract from the last swing.

You can also use the daily timeframe's ATR indicator set on 14 period which will tell you what your take profit should be. I will add this to Beatle's template and re-release a newer version if that makes it easier.

Are you finding the strategy good? Or do you feel like it's a bit heavy on resources/loading?

Jimmy, thank you very much for the prompt clarification. There are no questions on the top corner now. I will also take into account the best forums here
I'll reset it here so as not to flip through the pages

kudrpenk wrote: Fri Jun 21, 2024 4:21 pm Jimmy, thank you very much for the prompt clarification. There are no questions on the top corner now. I will also take into account the best forums here

Beats V5 dashboard guide.png

I'll reset it here so as not to flip through the pages

Thank you that's a nice guide with descriptions for the dashboard man! Good post

Jimmy wrote: Thu Jun 20, 2024 7:22 pm Good question. The 3x ADR displays the maximum pips an entire trend (swing) lasts for.
Every time a pair reaches near the 3xADR the trend will have to reverse eg.

• 3x ADR of GPBJPY is 448 pips
• Once price has moved close to this, you would look for a major reversal as it will not exceed the 3x ADR.

It's mainly used as a take profit guide. This is done by:

• Dividing the 3x ADR by 3.
• The sum is your take profit target eg.
  • GPBJPY's 3x ADR is 448. Divide it by 3 and you get 149 (pips).

So 149 pips is the amount of movement into the trend's direction you would anticipate from a session, depending on where you get in. If you're late, just subtract from the last swing.

You can also use the daily timeframe's ATR indicator set on 14 period which will tell you what your take profit should be. I will add this to Beatle's template and re-release a newer version if that makes it easier.

Are you finding the strategy good? Or do you feel like it's a bit heavy on resources/loading?

Good morning,

This approach is very good, and its implementation would be very valuable. I would like to understand it better. Can you share a post or document to help me understand this way of operating?

25+ pips last trade of the week

• 1 Hour chart entry
• GBPJPY
• Took a buy position when the ADX "just" went blue and all histograms were lined up.
• Extended stops to ride out the GBP Retail Sales & PMI news.
• Closed profit early as it was 2am here and didn't feel like carrying the trade until Monday.

Managed to net 150+ pips this week using the BEATS V5 system on a live account. All trade history from this week's testing is loaded & marked on the chart below.

thank you BM for shraring this beautiful setup

Neroloft wrote: Mon Jun 24, 2024 6:58 pm thank you BM for shraring this beautiful setup

That's a massive result especially for the M1 charts - nicely done.

Old Beatle setup is fire. Glad to see traders are still using and improving on it as you can catch massive swings on it