Vlad's Forum for Traders

Vlad setup a new account to test out performance of ORB

everyone can follow the performance of this week here



95 percent growth so far

i did some horrible blunders while experimenting; the results could have been a lot better

... Good Job...!!!

Great result.


PS
I,m in shock that there are guys that still trade real accounts

Amazing work Vlad.

I spent some time reading and watching those videos but I could not get any results from my testing.

How were you able to profit 95% in a day when there are only 2 major sessions opening per day?

I must be missing something here, anyone else have a look at this and got it to work?

these results are of over 10 days

and there are 2 days in a session; new york and london are more than enough to give you enough breakout trades

the logic is simple; if you have watched the videos it says

lets say you are doing 15 min breakout

so you wait first 15 min and mark the range of the price during the first 15 min;; and then you will take the trade when the price breaks that range and closes... the logic is simple; you are trying to catch the volatility which comes during the start of the session

you should watch the videos again ; these are much more useful than anil margin course you invested in or read his book https://master.tus.io/files/a04949f644c ... kJKFf2.3vQ the logical trader; which is worth its weight in gold itself

combine this method ; with moving averages and elliot wave counting and you will have a winning method with an edge

trust me i have tested loads of methods and this methods gives best R/R ratio and peace of mind

One tip

mark fisher; talks about C and D targets etc which I dont use; i use fibonacci levels for my targets (learnt from robert c miner book and course)

so i am just using mark fisher's opening range breakout to enter into trade

Ok, thanks for the response. This is exactly what I back tested, it seems too simplistic to work and I didn't get consistent results with it.

Often with the NY open price will push in the same direction as the London open for an hour or so before reversing the other way.

The fact that you got those results demonstrates differently, so I'll review it again.

Great Job Vlad Keep it up

oldmate wrote: ↑

Sun Jun 16, 2019 5:46 am

Ok, thanks for the response. This is exactly what I back tested, it seems too simplistic to work and I didn't get consistent results with it.

Often with the NY open price will push in the same direction as the London open for an hour or so before reversing the other way.

The fact that you got those results demonstrates differently, so I'll review it again.

if it reverses; then u simply need to change the direction

also have some moving avgs for your bias and do some wave counts

Vlad can you maybe give us examples this coming week of your new method.

Saamwerk wrote: ↑

Sun Jun 16, 2019 8:39 am

Vlad can you maybe give us examples this coming week of your new method.

sold gold during asian session; made 5 percent already today

vlad wrote: ↑

Mon Jun 17, 2019 10:38 am

sold gold during asian session; made 5 percent already today

Vlad,
I understand that there are two different sentence-s

first
----

vlad wrote: ↑

Mon Jun 17, 2019 10:38 am

sold gold during asian session

------
and second
-------

vlad wrote: ↑

Mon Jun 17, 2019 10:38 am

made 5 percent already today

.....
but some of our new friends here
will think that you sold gold today during asian session and made +5% with this trade

oldmate wrote: ↑

Sat Jun 15, 2019 9:34 pm

Amazing work Vlad.

I spent some time reading and watching those videos but I could not get any results from my testing.

How were you able to profit 95% in a day when there are only 2 major sessions opening per day?

I must be missing something here, anyone else have a look at this and got it to work?

IMHO, You haven't missed nothing, my friend.
ODR cannot be used in forex markets, cause ODR strategy is bias based
and bias is not real force in forex ( maximum 2-3 times in year ).

And You do not trade shares, as I see

sold gold agian in NY

Vlad could you please share charts?

There seems to be a lot of confusion regarding ODR in this forum

Saamwerk wrote: ↑

Tue Jun 18, 2019 1:48 pm

There seems to be a lot of confusion regarding ODR in this forum

Hi Samwerk,

wht is the confusion?

Here is my chart and action for today

the greyed out area is the Opening range NY session 15 min

https://www.tradingview.com/x/GmPDYpdV/

Not a good day for me today; as i went away from screen only to see price reverse all the way up;.. i was up USD 2000 in profit; closed only on USD 500 profit

fxMarshal wrote: ↑

Mon Jun 17, 2019 5:50 pm

oldmate wrote: ↑

Sat Jun 15, 2019 9:34 pm

Amazing work Vlad.

I spent some time reading and watching those videos but I could not get any results from my testing.

How were you able to profit 95% in a day when there are only 2 major sessions opening per day?

I must be missing something here, anyone else have a look at this and got it to work?

IMHO, You haven't missed nothing, my friend.
ODR cannot be used in forex markets, cause ODR strategy is bias based
and bias is not real force in forex ( maximum 2-3 times in year ).

And You do not trade shares, as I see

i think opening range can be used on anything which moves; i prefer to trade few pairs as i dont like to follow 10 different pairs and juggle many balls all at onces

Thanks for the chart Vlad Had the same trade yesterday I I just saw Pavel and Oldmate comments and was wondering if we are missing something I only started testing ODR recently

Saamwerk wrote: ↑

Wed Jun 19, 2019 3:46 am

Thanks for the chart Vlad Had the same trade yesterday I I just saw Pavel and Oldmate comments and was wondering if we are missing something I only started testing ODR recently

Saamwerk , possibly You miss that :

vlad wrote: ↑

Tue Jun 11, 2019 5:10 pm

i do ACD with moving avgs and my elliott wave counting (not anil margin;s scam waves) to day trade

Keep in mind, that Vlad is still experimntinhg

if myfxbook gives us right results
from "opening range breakouts strategy",
there is only "opening range" (but not TP, SL, Reverse, etc...)

So it's very possible, that Vlad's amazing results are mostly based on his understanding of Gold movement.
but "opening range breakouts" helps him to trade intraday

today i broke the rule and committed cardinal sin

because gold was at weekly highs; and we were in supposedly abc correction to down from the top

when ORB broke above today during london and Ny session; instead of going long; i shorted it (because of my bias due to elliott wave) and now i have damaged the account

elliott wave is a dirty bias which i have to learn to keep away from me

i dont know if i will be able to get out alive from the bad short

glad i got punished for breaking the rules and falling in love with the trade;

in london session today; bought this breakout

Glad to know that you were punished 'lighly' for breaking rules...!!!
(EW extensions are messy...!!! )

i have recovered more than half my loss; only 3k remains to get even

recovered all the losses; day trading rocks

Do you really enjoy this type of trading...?!!!
Such big drawdowns makes me really worried...!

Oxygen wrote: ↑

Tue Jun 25, 2019 6:09 am

Do you really enjoy this type of trading...?!!!
Such big drawdowns makes me really worried...!

big drawdown? this is vlad's 2 percent

Nice work vlad.

I still don't know how you're making these returns with range breakouts. I have spent hours and hours over the last week testing this on different pairs, trying MA and all kinds of things.

With MA I can get a positive return over a month, around 10%. But for 2% return and a 50% win rate I'm not sure if I can do it psychologically. I prefer to have a strategy with a higher win rate.

Can you please share some tips, because there has to be something I'm missing here. What's your strat?

actually my win rate is higher;

the win rate shows less because initially i was refining this method when i started so i used to experiment

also i blew the account also when i was trying to save a trade (broke the rule)

since then i am trying to follow the rules and hopefully u will see now consistent gains

i think i have pretty much nailed it

oldmate wrote: ↑

Tue Jun 25, 2019 10:13 am

Nice work vlad.

I still don't know how you're making these returns with range breakouts. I have spent hours and hours over the last week testing this on different pairs, trying MA and all kinds of things.

With MA I can get a positive return over a month, around 10%. But for 2% return and a 50% win rate I'm not sure if I can do it psychologically. I prefer to have a strategy with a higher win rate.

Can you please share some tips, because there has to be something I'm missing here. What's your strat?

also try doing 15 min NY session breakout with london session breakout - keep your bias on mas

it should work todays range in gold ... buy above solid close above 32 - sell below 24 till 17

oldmate wrote: ↑

Tue Jun 25, 2019 10:13 am

Nice work vlad.

I still don't know how you're making these returns with range breakouts. I have spent hours and hours over the last week testing this on different pairs, trying MA and all kinds of things.

With MA I can get a positive return over a month, around 10%. But for 2% return and a 50% win rate I'm not sure if I can do it psychologically. I prefer to have a strategy with a higher win rate.

Can you please share some tips, because there has to be something I'm missing here. What's your strat?

Oldmate im with you I had a lot of trades which gave A signals both long and short and then reversed for a loss I had very successful trades and is in profit but think i am missing something aswell Would greatly appreciate it if Vlad could help us out

vlad wrote: ↑

Tue Jun 25, 2019 7:40 am

Oxygen wrote: ↑

Tue Jun 25, 2019 6:09 am

Do you really enjoy this type of trading...?!!!
Such big drawdowns makes me really worried...!

big drawdown? this is vlad's 2 percent

I am helping a person with this type of trading,

and can say for sure
2% drawdown become to 20% than to 200% , than to ... .

... there's no limit!


never trade like this, even a Demo

Just stop !