Member in the forum ask me what is my method. My method is not a fantastic method but it fit my trading style. So I employ this method to trade the currencies. It works well on various currencies.
What is the method??
First of all, I’m using various method: bago, mouteki, vegas, and etc. but my always use one is jasmine marble. I use all this method in my single account because my broker allows me to separate my desk into several sub desks. So I can benefit from this feature by employing various methods.
The currently active methods are:
- CCI and trendsig (it’s original tlatomi method)
- Vegas method (one hour vegas)
- Mouteki 4hr method (at the beginning of my trading, this is the very profitable one, now no more).
- Bago 5 minutes method (thanx to him)
- Team Aphid well known The BAT
- Very active method I use is Jasmine marble method.
How can I employ these methods? Easy, I pay people to watch my screen and they work 3 shifts covering 24 hour. I’m trading for a living.
What is jasmine marble?
I name jasmine marble because the price movement jumping around like marble before goes to the direction we predict. Forget the name, maybe anyone in the forum can apply different name, even better than jasmine marble, what the heck I don’t care, I just like the name jasmine marble.
I’m using 4hr Time frame custom MACD(13,21,8) and MA(13) simple moving average apply to close for my core method.
Okay, entry exit stop loss:
- Entry buy if and only if when close price above MA and MACD hist above zero
- Close Exit when close price below MA and MACD hist below zero.
- Hard stop loss is 60 to 70 pips (define your personality, aggressive or conservative, aggressive means that you are willing to take more loss to gain more profit)
Sell is the opposite of the buy entry. No magic, just follow the method.
The name of the custom indicator is Jasmine_Divergence.
Anyone welcome to forward test this method and let me know the opinion. I strongly said that my method is not a complicated method to follow and employ complicated indicator, it just MA and MACD. No magic about that. You’ll waste some pips during the move, that’s for sure, but in the long run, your account will grow with this method, trust me on that (that’s why I invite member in the forum to forward test this method and let me know the opinion).
Okay, how about news, news is news, just enter the market when criteria meet. Don’t care about the news even for NFP. Remember you have 60~70 pips hard stop loss.
Don’t ask me the back test result, do me a favor, and just back test your self, because currently I’m doing research together with semar for benchmark trading system.
Happy trading and well prosper ladies and gentlemen.
Your friend.
Andy Laodeabdul