Re: Simple Trading System

191
I had to post this winner. This is one of those killer trades when it comes to R:R.
25 pips SL
186 pips TP. (62.5%) Almost made my weekly target in one trade.
R:R = 1 : 7.5
Hits the TP and bounces off.
Gotta love it when that happens 😎
These users thanked the author firesword for the post (total 13):
forexjoe85, Cagliostro, Abdi, Asur, doolfrews, victortrend, budhi1976, Brinol, davidpont, Guna369, Dimkin, specialkey, jyeting
As you get older 3 things happen. The first is your memory goes, and I can't remember the other two.

Re: Simple Trading System

192
I managed to squeeze 100 pips out of EURUSD from last week dragged into the current week.
SL was 15 pips on each trade and the target was at 62.5%.
52 pips on the long trade and 50 pips on the short trade.
R:R= 1:3 roughly.
Not too bad for this time of the year I guess.
Be on the lookout for more ranging in this pair.
It is bound to go lower in the next few months I think, but it may range before it starts to sell off.
Just my thoughts, don't take that to the bank though 😄
These users thanked the author firesword for the post (total 2):
Abdi, budhi1976
As you get older 3 things happen. The first is your memory goes, and I can't remember the other two.

Re: Simple Trading System

195
firesword wrote: Tue Dec 23, 2025 8:48 pm I had to post this winner. This is one of those killer trades when it comes to R:R.
25 pips SL
186 pips TP. (62.5%) Almost made my weekly target in one trade.
R:R = 1 : 7.5
Hits the TP and bounces off.
Gotta love it when that happens 😎
Hi, firesword. Have you messed up the Fibonacci level placement?
According to the system description, on a sell setup the 62.5% Fibonacci level should be above the 50% level.

Re: Simple Trading System

196
specialkey wrote: Fri Mar 20, 2026 8:55 pm Hi, firesword. Have you messed up the Fibonacci level placement?
According to the system description, on a sell setup the 62.5% Fibonacci level should be above the 50% level.
Hey specialkey.
You're right , I stuffed up in my post explaining the rules and setups.
When going short 62.5% should be below 50% and vice versa for longs.
My apologies.
These users thanked the author firesword for the post:
specialkey
As you get older 3 things happen. The first is your memory goes, and I can't remember the other two.

Re: Simple Trading System

197
Hi guys.

First thanks to firesword for this lovely kiss system!

Im a bit confused by counting the last weeks. I live in germany, so actually its sunday, the market will open at 12:00 a clock in the night german time for me. How do i count the last two weeks? Is week 2 the week what closed at friday? Or the week before? I will attach two optional screenshots for better undestanding. Much thanxs for helping me out: