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Old 07-30-2007, 09:52 PM   #1

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The "Mini Icon" trade

I know what you guys are probably thinking...

He opened a thread yesterday about "second wave" and now he is opening another thread ?

well yes, this week I decided not to trade futures and use the entire week for forex research, and having 3 years worth of data has inspired me too get deep into some testings... lots of charts ¡¡¡ love it ¡¡¡

As I am developing this "second wave" trade I am looking and looking and getting my eyes filled with charts, I am drinking cofee, lots ¡¡ and eating chocolate, its cold here... I am entraining my neurons with patterns... as you all know I am not new on this bussiness... I have thousands of hours stearing screens, so when I get inspired I start to see so many things, that some I just ignore, but others they call my attention ¡¡

So I find a pattern again, nothing new here... nothing new... I am not discovering nothing, I am unveiling my eyes to this simple stupid pattern that tells me.... hey Walter ? do you want to make 6 pips per row baby ?

do you ? he teases me... he is seducing me... I am already busy with my work on the "second wave" I am testing one year of data and this pattern its looking at my eyes and its telling me... Hey.... I am a second wave too... mmmm I am more easy ... I am a scalp ahahahahah that turns me on ¡¡¡¡ I am a scalper.... a f·"&%%ing scalper ¡¡¡ so I give up to temptation and give this pattern 30 min worth of a look....

Well he is so tender and sweet... he is a puppy, he is a "mini Icon"... so sweet... so many succesfull trades per day... I got 780 days of data to try him and he is really neet...

You need to have scalper blood on your veins to like this one... not for everybody... but easy to learn indeed....


so here I go this is how Mini Icon looks like :


Isnt he simple, he is Mr Icon Son... he can make me probably gain a target of 8 pips per day or more...

NOw He has the same filosofy of 1rst intention / Pullback / Continuation He is a nice little boy that follows the WAVE structure of the market...

So... lets se him on the real world :



Is he perfect ? Noooooooooo

Is he simple ? Yeeeeeeeees

can I make more than 6 pips per trade ? Yeeeeeees

Lets keep interacting... I have 50 charts to show you with Mini Icon... cheers Walter.
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The "Mini Icon" trade-mini-icon.png   The "Mini Icon" trade-mini-me.png  
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Old 07-30-2007, 10:04 PM   #2

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Re: The "Mini Icon" trade

Hey walter, Whats your settings?
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Old 07-30-2007, 10:16 PM   #3

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Re: The "Mini Icon" trade

On the bands!
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Old 07-30-2007, 10:29 PM   #4

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Re: The "Mini Icon" trade

Here goes indicators and template.... I am using Northfinance metatrader so maybe the time on the breakout box has to be modified... cheers Walter.
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File Type: zip Waco Mini Icon.zip (16.1 KB, 125 views)
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Old 07-30-2007, 11:03 PM   #5

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Re: The "Mini Icon" trade

And here goes a video on this waco trade... cheers Walter.
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File Type: swf Mini Icon Intro.swf (5.84 MB, 163 views)
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Old 07-30-2007, 11:44 PM   #6

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Re: The "Mini Icon" trade

Wow walter,looks very nice !!!!
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Old 07-31-2007, 05:57 AM   #7

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Re: The "Mini Icon" trade

Walter

Could you give the settings your using for TS users please. ( just of the bands and MA )


Cheers........Blu-Ray
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Old 07-31-2007, 10:12 AM   #8

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Re: The "Mini Icon" trade

Hey Walter

You should probably start Wikipedia of trading strategies by Walter

This bands idea covered in books and video by Raghee Horner and Mark Mcrae in his SureFireForex. You may want to take a look for improving RRR for your icon trade.
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