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I have read the rules long time ago, using MTF applies to all system not just this setup.
if you are doing well, then great keep up the good work, just don't burn your account in a choppy market
Quote:
Originally Posted by teodosy87
Ive just can tell you read manual careful dont trade big candles dont trade when big news are coming (they could change the market very fast) trade with GBP/JPY that`s all 30m timeframe and you will have great result.Here the problem is profit taking i try to find the best way to exit a tradeI found that most of the signals more than may be 90% for g/j make at least 50pip if you need only 50pip per day this is great system for you
This M30 setup is still working well and wthout any H4 timeframe. Because his M30 setup is having too much filters and not trading often: just few trades per week only.
If we use more filters so it will trade few tame in a month.
So, for me, it's working well without H4.
Ok guys pictures for 3 days including today.why do you need any filters when you use too much filters you missed to much good trades insted of 1 or may be 2 false signals.Ok i`ve noticed that this system works very very very good for GBP/JPY 30 min timeframe from 7h(+2 gmt) till 15h(+2 gmt) most of the times you have 1 2 false signals but with next good trade like for today they does not matter at all.It is important to read the menual to know how really to use this system not like many others just to put brien trend signal1 for signals or 2 or 3 of all indicators.These indicators work when they are all .... ok no more talking just read the manual too .... here is it the manual too.
I traded simple setup using BrainTrading commercial manual. By the way this manual was written from eAsctrend manual sometimes word by word. It was few years ago. I traded it. Together with many many traders.
Then some problem was arised: it was commercial indicators with the manual but the rules to trade were not writen well, and traders lost money using it. It was on many russian forex forums. Many traders asked for the rules and were not satisfied with that manual (which was almost copy of well-known eAsctrend software manual).
After that Beluck created our public Braintrading indicators (having just one image/picture of BrainTrading) and I created new rules to trade. But it was the rules for our public Brainrading (not for commercial BrainTrading). It was posted here BrainSystem: Trading Rules
I traded those rules on demo and live for many months.
Now I am testing M30 setup.
Later on few more people fixed indicators (public ones) and rules so everything is written on the sticky threads on this section http://www.forex-tsd.com/brain-systems/
It is just history now: it was few years ago.
Last edited by newdigital; 05-12-2008 at 12:59 PM.
