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Author Topic: Forex Incognito - 'Open High Low Close' is All you need!  (Read 30235 times)

Offline odysseus11

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Forex Incognito - 'Open High Low Close' is All you need!
« on: April 20, 2015, 11:38:21 AM »
Indicators don't work?
Technical analysis failed again?

Many years ago, when there were no computers yet, traders were using the basic data as opening, closing, highest price, lowest price. It did not bother them in achieving profits, because they were not inundated with unnecessary methods and indicators.

Many traders start with simple techniques to then go through hundreds of complex systems to finally recognize that the simplest techniques are the best.

Focus on what really matters: the price!

Below you can find the last two days on most popular pairs: EUR/USD, GBP/USD.
More results (the last two weeks) can be found on our website:

www.fxincognito.com

got questions? do not hesitate to contact us: support@fxincognito.com
http://www.forexfusion.com
stop gambling. start trading.

Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #1 on: April 20, 2015, 06:03:27 PM »
Today's trades on EUR/USD.

1. M15 Trade
2. M1 Scalp Trades



Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #2 on: April 20, 2015, 06:05:34 PM »
EUR/USD
Last three weeks H4 trades.


Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #3 on: April 21, 2015, 08:55:33 AM »
Today's EU trade. M15 TF. It's 40pips already.

If you missed this entry, you can always join the flow on M1 time frame with very tight SL (pic. nr 2).


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www.fxincognito.com

Offline Earleone

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #4 on: April 21, 2015, 11:15:26 AM »
Looks like very interesting method.

I was looking at your pages. I do not completely understand the rules you use for Entrys and exit. Maybe because we do not see the higher tf ( 4h / daily ) ? Because if I see this mornings trades that you of course did go short on the 15m tf . But first there was a break of blue box to long position if I only see your attached picture .

Also interesting to know where you put the SL and rules for exit of winning positions.

Did you trade this method for long time? And do you have any longer term statistics to show for the method.

Good luck with the trading  8)


Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #5 on: April 21, 2015, 01:27:49 PM »
Quote from: Earleone link=msg=338413 date=1429611326

Looks like very interesting method.

I was looking at your pages. I do not completely understand the rules you use for Entrys and exit. Maybe because we do not see the higher tf ( 4h / daily ) ? Because if I see this mornings trades that you of course did go short on the 15m tf . But first there was a break of blue box to long position if I only see your attached picture .

Also interesting to know where you put the SL and rules for exit of winning positions.

Did you trade this method for long time? And do you have any longer term statistics to show for the method.

Good luck with the trading  8)




Thank you for your interest in our system.

We trade it a long time already, method is based mainly on the price, so there is no need to optimize like standard FX indicators.

The rules for entry are simple: we wait until new big box start (the one in the background), then we wait for small box to form. Price range within this box determine our entry. (upside break - we go LONG, downside break - we go SHORT). Please take a look at this video for more details: www.fxincognito.com/wp-content/uploads/2015/03/FXIncognito.mp4
We put stop lose on the opposite side of the box (you can use S/R areas also). As for take profit you can go with simple R:R ratio. The most common is 1:1, but you can of course trade with better RR ratios.
M15 trade was taken as short, cause the price broken only to the downside. (first picture).
M1 trades (scalp - second picture) broken to the upside first, but in scalp mode we take into consideration daily trend, so basicaly background on the M15 is red, look for sell trades only.

Regards
FX Incognito
support@fxincognito.com

Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #6 on: April 22, 2015, 08:09:24 AM »
Here you will find yesterday trades on two majors.
Timeframe: M15

EUR/USD 2x23pips
GBP/USD 2x22pips


Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #7 on: April 22, 2015, 08:11:27 AM »
and Today's trades. Take profit already hit:

EUR/USD +26pips
GBP/USD +21pips

Have a nice day!

FX Incognito
support@fxincognito.com
« Last Edit: April 22, 2015, 08:14:21 AM by FXIncognito »

Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #8 on: April 23, 2015, 07:10:04 AM »
System supports H4 time frame, which represents weekly trend. It's very similar to D1 trading.

Here you will find EUR/USD H4 trades from January 1. 2015.
Using simple R:R 1:1 it's 956pips from this pair only.

Regards
FX Incognito
support@fxincognito.com
« Last Edit: April 23, 2015, 07:11:09 AM by FXIncognito »

Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #9 on: April 23, 2015, 09:08:58 AM »
Today's trades:

EUR/USD +28pips
GBP/USD +24pips

Have a nice day!

FX Incognito
support@fxincognito.com
« Last Edit: April 23, 2015, 09:09:47 AM by FXIncognito »

Offline odysseus11

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #10 on: April 23, 2015, 07:04:24 PM »
do you have myfxbook? if not please can you use it so we can see if true
http://www.forexfusion.com
stop gambling. start trading.

Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #11 on: April 23, 2015, 07:08:21 PM »
Todays trades.

EU 2x 28pips
GU 2x 24pips

FX Incognito
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Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #12 on: April 23, 2015, 07:11:05 PM »
Quote from: kjen17 link=msg=338627 date=1429812264

do you have myfxbook? if not please can you use it so we can see if true


No. I'm sorry. Just trading few systems on one account.
Please give it some time, few people bought it already, and I'm sure they will share and confirm/deny those trades soon.

FX Incognito
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Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #13 on: April 24, 2015, 10:38:24 AM »
Welcome Traders!

Here you will find today trades.

EUR/USD: break even
GBP/USD: break even

First EU trade was close to TP, but reversed,

It's Friday, so it's time to short summary.

Time frame: M15
Pairs: EUR/USD, GBP/USD
Risk to reward: 1:1

EU:
Mon: +31
Tue: 2 x 22
Wed: BE
Thu: 2 x 28
Fri: BE

GU:
Mon: BE
Tue: 2 x 23
Wed: +21
Thu: 2 x 24
Fri: BE

Total: 246pips

Have a nice weekend!

FX Incognito
support@fxincognito.com
« Last Edit: April 24, 2015, 10:39:53 AM by FXIncognito »

Offline FXIncognito

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Re: Forex Incognito - 'Open High Low Close' is All you need!
« Reply #14 on: April 27, 2015, 06:39:35 PM »
Welcome traders,

not much time today, two trades only.

First was was a EUR/USD M15 setup. BUY - SL Hit (-23) pips.
Later, when price significantly dropped and background changed to res, I took scalp trade, also possible short entries at point 1 and 2 (european session).
EUR/USD M1 SELL - (+14) pips.

Regards
FX Incognito
support@fxincognito.com

 

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