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Betatrader - Swing Trading System

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  • #76
    ""The price pattern itself for the 8/24 H4 Pinbar on EURUSD was really lovely. The problem was the timing : it printed a Monday. I prefer avoiding the Monday because statistically the setups are less effective the Monday and Friday because it's often "retracement" days.
    If this pattern printed Tuesday, Wednesday or Thursday, be sure I would have taken it :-) "" Your quote

    Thanks BetaTrader, Very careful explanation shows your depth of the matter, comfort and safe judgement. Happy that you are committed to support your signal long term I will follow you long term also. Man this signal is good.!. nc!
    Last edited by nc!; 09-06-2015, 08:12 AM.

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    • #77
      Beta,

      Analyzing the EURUSD the D1 Engulfing bar on 7/21 caught my eye. Having read all the information on your site, it seems to me that was a great opportunity. Care to share your opinion?

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      • #78
        Originally posted by Baluda View Post
        Beta,

        Analyzing the EURUSD the D1 Engulfing bar on 7/21 caught my eye. Having read all the information on your site, it seems to me that was a great opportunity. Care to share your opinion?
        This is a beautiful bar but on my chart it's not an engulfing bar, missed for about 2 pips :-]
        Anyway, the level seems to be respected and significant. It's interesting to see that the Price reached the 1:1 level very precisely before retracing deeply. After that, the price rose up until the 2:1 and 3:1 level. It's a very common Price behavior.

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        • #79
          My first trade with this Beta signal. Excited to have this signal added to my portfolio here

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          • #80
            Hi Betatrader

            Just looking at your signal and your last trade. Great results!.

            May I ask if you always take the nose of the pin, or do you ever go for a 50% retracement of the pin - trick entry?

            Thanks

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            • #81
              First trade following Betatrader, and i am glad that he kept his 2% limit for dd rule


              Sent from my GT-N7000 using Tapatalk

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              • #82
                Originally posted by Okda View Post
                First trade following Betatrader, and i am glad that he kept his 2% limit for dd rule


                Sent from my GT-N7000 using Tapatalk
                Mine too. Great dd rule 2%

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                • #83
                  4% for me ( it was expected though 80% is 80 and not 100 so sooner or later loose has to be taken.

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                  • #84
                    Beta,

                    The GBPCHF trade was based on a good H4 Pin bar. But what about the H4 Engulfing bar just before the pin bar?

                    I hope you do not mind me asking a lot of questions. I just want to learn.

                    Paul

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                    • #85
                      Originally posted by Baluda View Post
                      Beta,

                      The GBPCHF trade was based on a good H4 Pin bar. But what about the H4 Engulfing bar just before the pin bar?

                      I hope you do not mind me asking a lot of questions. I just want to learn.

                      Paul
                      Hey Paul!!

                      Are you on the Steve Hopewood forum, your name sounds familiar.

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                      • #86
                        Originally posted by mackaozy View Post
                        Hey Paul!!

                        Are you on the Steve Hopewood forum, your name sounds familiar.
                        Yes, I am.

                        Paul

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                        • #87
                          Will be watching this. With average of 3% monthly and risk of 2%. This will be a great system for serious investors.
                          Hope you will set up a Mam.

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                          • #88
                            Whats the advantage of mamm for this signal? It's perfect as it is.

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                            • #89
                              Gbpchf is dumping now. Stop was too tight.

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                              • #90
                                I think the SL was placed where is was so that 2% loss was the most we could have taken. If the lot sizing had been a little smaller, the SL could have been placed wider to still cover the 2% SL. At least that how I understand Beta's system. That was my first trade with Beta, so that hurt a little, but I'm sure Beta can make that up for us again.

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