My Story my Sytem KISS

[onshore]

My Story my System KISS

My System.

Ok first I suppose a brief history of me and I encourage others to post their story as well, Forex can be a lonely business none of my friends know I trade Forex A because I’m not good enough to share yet and B it’s too hard to explain and they would want instant returns which is not possible.

I am what I call a Modern day surfing hippie.
I am not a politically correct type of person so will try not to offend anyone

I grow as much of my own food as I can, I cook all my own gourmet food, I recycle and I love plants and growing things I love modern creature comforts and broad band internet but I delve in the old ways that are being forgotten like making my own sough dough breads and cooking with fire hunting and fishing and gathering and most of all I love to laugh
I don’t do this to save the planet it can look after it self trust me.

I do it because it is logical and makes sense. I do not believe in man made global warming if you think you can control nature you have some very big surprises coming your way.

I am a libertarian and just want to control my own life.

Life liberty and the pursuit of happiness is the mantra, I want filthy politicians out of my life and yours.

Now this is not a political broadcast it’s just giving you a sense of me.

Raised on farms, father was a war veteran form WW2 and mother a rural girl.

There is a song by Alabama and one of the lyrics goes “somebody said Wall Street fell we where so poor we couldn’t tell.”

Well that was us, but we lived like Kings we had food, water, land and shelter what more do you need.
Anyway moved to town I basically have been a $NZ10.00 an hour laborer most of my working life, lived in a town where drugs and alcohol was the preferred way of life.
But I always new there was a better way.

After a couple of failed marriages and a lot of hurt and a few MLM businesses I found guys like Robert Kiyosaki and Brad Sugars.
I was now living in a city and started a printer cartridge recycling business which failed (ahead of my time again lol).
Anyway ended up losing the business and had a run in with the IRD (IRS) and basically wound up broke.

But still looking for a better way I knew it was there.

I went to yet another seminar of a financial planning guy and liked what he said couldn’t understand most of it But the main one was you need to take time to “THINK” just set time aside and think.

Anyway I ended up working for him at the seminars for free and every time I heard him speak I gained more knowledge and understanding the main one was.

Cognitive Dissidence.

Avoiding what we know to be true.
That’s why people smoke knowing it will kill them they avoid the truth and that is what most people are doing with many aspects of their lives, very sad.

Anyway by this time I also found myself in sales jobs to temper very arrogant attitude.
I had to put other people first namely the customer no matter my personal views this was my greatest learning curve.

Now I also found options trading and did a course on that always looking for a better way.

This lead to the mighty Forex trading, and of course my fortune I was made.

Now I am one of the rare people that my first foray into the Forex markets I was successful I trebled my account in three months and was on top of the world.
Until the fateful day the world started to crash I was so cocky I started to trade with out stop losses I was invincible.

I couldn’t believe the markets would keep going down and down and down eventually my account was closed by the Broker as I had too many trades open to cover, I was angry and bitter and all the usual emotions.

Now of course I had to go through this other wise my arrogance would return ten fold so I was once again humbled and of course I learnt.

So after many systems and advice from people way smarter than my self I have been on forums and seminars and webinars looking for the secret formula, I have bought systems and indicators read books and crashed accounts.

But I always new there was a better way,
Felix’s forum has always been there and I always get the signals and have dabbled in news trading but never went for it because the pair moved too fast for me to trade.
Now the Forex diamond system has changed that I have traded a few times since Felix told us how to and it works not always but enough to profit from.

Now, my simple system.

After many systems I have gone back to my very first one which was successful this will not be my last Forex baby but it seems to work and it works because it has a set of rules that are hard to break and that is what I have done in the past broken my own rules especially if they are not defined and then you risk over trading which is another major trading error.

Ok enough dribble

4 hour charts I use a couple of indicators
COG centre of gravity

CCI Commodity channel index with two levels 100 and -100

And 50 day MA which I don’t really use

That’s it now here it is

If the pair hits the Top green or gold line and the CCI is above the 100 over sold wait for the next red candle and sell place a 35 to 55 stop loss and a 45 to 55 take profit depends on which pair then this is very important, walk away.

Same if the pair hits the bottom green or gold line and CCI is below the -100 wait for the next green candle buy with the same rules

Now I know someone is going to say BUT the COG re paints every day and yes it does but that is because the pairs is a living breathing beast and the COG just finds the centre of that moment in time it’s only a guide.


And that’s it see charts attached plus I trade the news as per Felix’s rules I recently made 60 pips on the NZD interest rates but I also sort of knew the interest rate going up because I follow the local news.

And I must put in the correlation between the Dow Jones and most major pairs see picture attached basically if you follow the DOW you can trade the majors successfully pretty simple really.

Eat good food drink wine Love your woman, your children and your family, help where you can that’s all you really need

Thanks Felix I appreciate your Site.
Cheers

Just a quick thing I run very small live accounts until I get my self sorted So I run a duplicate demo account with larger amounts so what I do on my real account I do on my demo account so the numbers don't faze me when I go live big time I am used to see the amounts in my mind.


View attachment 1585

View attachment 1586

 

[masterkey]

Thank u sir

Thank u so much for theis system . May i know if there is other name for this indicator : GOC - CENTRE OF GRAVITY . I cannot find it on the list of indicators in metatrader4 platfform .

 

[onshore]

Thank u so much for theis system . May i know if there is other name for this indicator : GOC - CENTRE OF GRAVITY . I cannot find it on the list of indicators in metatrader4 platfform .

Here it is I hope it works just click and go save to your indicators list in MT4

let me know if you have trouble

View attachment 1578

 

[RahmanSL]

First off, onshore, you wrote very poetically with a down to earth attitude

"If the pair hits the Top green or gold line and the CCI is above the 100 over sold wait for the next red candle and sell place a 35 to 55 stop loss and a 45 to 55 take profit, depends on which pair, then, this is very important, walk away."

I find myself nodding my head like mad with that "walk away" statement as almost most of the time, I closed out profits before it triggered my TP only to see the market moving to and past my TP point.


Thanks for that detailed introduction of yourself onshore, and I think you have just painted the road I would traveled if I had gone Live with that "..so cocky I started to trade without stop losses I was invincible" attitude.
I felt that way too some months back when a few of my usd5k Demo accounts seem destined to head for the million mark, only to be wiped out literally overnight with some large bad trades.

Looking at your chart, I am like what you wrote; "I went to yet another seminar of a financial planning guy and liked what he said couldn’t understand most of it ..."

But, I will get there someday!

All the best!

 

[onshore]

Thanks RahmanSL for your kind words

I think this is part of what Felix's is trying to achieve to get us to look to ourselves and what we can offer not what we can get.

I would love for others to post stories so anyone feel free to post them here.

Imagine there are about three trillion dollars a day traded on Forex or something ridiculous like that so what if we all got 100 pips a week of that

I think we would all be doing alright but it would not be enough for some as their egos won't let them give to others

for instance when you are driving on the open road and there is this guy who just has to pass you and be in front no matter what and makes a passing maneuver which puts himself and you in danger but you let him go after abusing him then down the road he has pulled over with a flat tyre or a toilet stop and you still get there before him.

I means whats the point some people don't make the trip they die first but we could all to to the same place if we where a little more patient.

I hope this makes sense it does in my strange head.

And watch out for Loki's luck

 

[RahmanSL]

onshore, I get what you mean...I do that sometimes (i.e. pass some trucks/cars, and than they passed me by when I stopped for petrol/coffee break).
Yup, our sense of hurrying & urgency is only relevant to ourselves as others are quite oblivious to our purpose. In the end, we ALL arrive at our final destination anywhere : )

"...about three trillion dollars a day". Yes, i have read that Forex Trade figure too, but it is quite difficult to fathom just how much money that represent.

Just how much money does a person really need anywhere, before kicking the bucket?? That answer lies in our life style (chosen or fated), I supposed!

"I hope this makes sense it does in my strange head".????

Hmmm, my friend, if only you have read some of my early days writings...talking about strange, bordering on being weird! : )

 

[Dietmar]

thank you

Onshore,

many thanks for your posting and your trading-system.

I wish you and yours a lucky new week,
greetings from Germany,

Dietmar

 

[onshore]

onshore, I get what you mean...I do that sometimes (i.e. pass some trucks/cars, and than they passed me by when I stopped for petrol/coffee break).
Yup, our sense of hurrying & urgency is only relevant to ourselves as others are quite oblivious to our purpose. In the end, we ALL arrive at our final destination anywhere : )

"...about three trillion dollars a day". Yes, i have read that Forex Trade figure too, but it is quite difficult to fathom just how much money that represent.

Just how much money does a person really need anywhere, before kicking the bucket?? That answer lies in our life style (chosen or fated), I supposed!

"I hope this makes sense it does in my strange head".????

Hmmm, my friend, if only you have read some of my early days writings...talking about strange, bordering on being weird! : )

Ah a fellow weirdo you can't go wrong.

Part of my philosophy is if every one else is doing it then go the other way and do something else.

For instance over the last about 5 years we had a major real-estate bubble in NZ, like every one else in the world.
prices where getting really stupid now the bubble has burst and everyone has lost a lot of money, now real-estate is once again getting cheap and with most people sitting on the sidelines I'm about to get back into it.

Now for your Forex lesson that is similar to this story.
When ever you open your charts in the morning and see large movement and big candles stay out, it means the masses have hopped into panic buy or sell mode which is very hard to control.

It’s just like Felix’s says with news trading WAIT for the first spike to happen then quietly hop in to the market and take your 45 - 50 pips

Cheers

 

[onshore]

Onshore,

many thanks for your posting and your trading-system.

I wish you and yours a lucky new week,
greetings from Germany,

Dietmar

Thank you Dietmar I hope it helps

I mean I am not what you would call a sucessful trader but I will be.

I hope others will share thier story as well.

Germany just giving the Aussies a beating in the football just now.

good on your guys for beating the Aussies you are now my friend

 

[masterkey]

Center Of Gravity

THANK YOU FOR YOUR RESPONSE . But i found it very difficult to tranfer it to my mt4 trading platform list of indicators . Please , kindly explain how i can transfer it . Thank u .