Surfing With Pipcandy Free

Learn How to Surf the Forex and Futures Markets with Low Risk and Maximum Profits
SURFING WITH PIPCANDY
Learn How to Surf the Forex and Futures Markets with Low Risk and Maximum Profits 13 Range Free Version
by: Tony Mitchell & Philip Jedar

http://www.pipcandy.com contact@pipcandy.com
1 PipCandy - All Rights Reserved
contact@pipcandy.com
http://www.PipCandy.com
Disclaimer: All TRADING involves risk, while there is a potential to make a substantial amount of money, you CAN LOSE a substantial amount of money as well, no matter what method you use. All trading involves risk; past performance is not necessarily indicative of future results. Commission Rule 4.41(b)(1)(I) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE IS RISK OF LOSS IN ALL TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ALL RESULTS ARE HYPOTHETICAL. NO IMPLICATION IF BEING MADE THAT ANYONE UTILIZING ANY OF THE INDICATORS OF PAINTBARFACTORY.COM HAS OR CAN OBTAIN SUCH PROFITS AND RESULTS. THE INFORMATION SUPPLIED ON THIS WEBSITE IS MERELY A PRESENTATION OF TRADING TOOLS AND STRATEGIES, FOR INSTRUCTIONAL AND EDUCATIONAL PURPOSES ONLY. This is not a prospectus; no offer on our part with respect to the sale or purchase of any securities is intended or implied, and nothing contained herein is to be construed as a recommendation to take a position in any market. The material presented herein has been obtained or derived from sources believed to be accurate, but we do not guarantee its accuracy or completeness. There have been no promises, guarantees or warranties suggesting that any trading will result in a profit or will not result in a loss. The TRADER is responsible for his own actions.
Learn How to Surf the Forex and Futures Markets with Low Risk and Maximum Profits INTRODUCTION
You are about to learn in a few short days what has taken us at PipCandy many years of practice, study and trading to learn. First and foremost we are intraday traders and love to trade a few hours every day scalping in and out of the market grabbing a few ticks/pips here and there. This system is designed to be simple to learn and easy to follow. Of course that doesnt mean easy to make money, which takes practice and patience. But we believe that everyone who follows our patterns and rules can be successful. Our system uses a few simple patterns that occur over and over in the market and we look for entries in the direction of each pattern. What makes our system successful is that we have proprietary PipCandy Signals that confirm each trade. And you can come to our trade
room and watch us make these trades over and over free for one month! GETTING STARTED
We have decided to focus our energies on giving you more examples on what our trades look like rather than on text explaining them. We will be available to offer help on how to get started or on any questions you may have about our system or trading in general. Before we get started, lets do a quick review on a few basic essentials you will need to trade our system.
Our signals will be available only on the NinjaTrader trading platform. If you dont use this, no worries, because you can download Ninja and use it for free while you are testing our system. Also if you are using larger timeframes or large range bars to trade you can permanently use the Free Version of Ninja Trader and simply trade directly on your brokers platform. To download Ninja: www.ninjatrader.com. Free Futures Data for Ninja: http://www.mirusfutures.com/zen-fire_ninjatrader/online_futures_trading_demo_account Free Forex Data for Ninja: http://www.ninjatrader.com/ConnectionGuides/MBTrading-Connection-Guide For those who wish to learn more about FOREX, go to: http://www.babypips.com/school . To learn more about futures, start with the CME website: http://www.cmegroup.com/ Download your PipCandy trading templates. Once you sign up for our free 1 month trial, you will receive an email with instructions. Join us daily from 8:00 to 11:30 am EST at our live trading room as we trade live: http://www.anymeeting.com/PipCandyTwo1. We may open in the future earlier for FX trading. Daily we trade the Forex pairs EURUSD and GBPUSD from 5:30 EST on the 13 and/or 21 Range Bars. We start trading Gold (GC) from 8:20 a.m. EST and Oil (CL) from 9 to 11:30 am EST on the 13 Range Bars (if you dont know what Range Bars are, come to our trade room to see for yourself).
Learn How to Surf the Forex and Futures Markets with Low Risk and Maximum Profits PIPCANDY TREND TRADING SYSTEM
3 Trend Trade Set-ups 1) TT Saucer:
o o o o o o
Saucers a saucer forms when the MWIF crosses above the 0-line (few blue bars), then retraces at least 2 red bars before turning back up again for a long pattern. Short trade is the opposite. The MWIF must have a clear Higher High /Higher Low for a long pattern or Lower Low/Lower High (HHHL or LLLH) short pattern. Trend Line Break (TLB) - place the entry at the newest breaker when all our conditions align. Draw all TLs above and below each potential trade and make sure there are at least 10 ticks room from the breaker entry to the next TL above/below! Balance Line (BL) above the balance line for a long and below for a short (use of the BL is optional) 3 Indicators Synchronize - MWI Fast, MWI Filter and Trend Filter all agree in colour before the entry. 5 x 4 Rule The entry occurs before the 5th price candle closes and before the MWI Fast 4th bar closes after crossing above the 0 line for a long (maximum of 7 bars of the same colour in total). For Short Trades, its before the MWI Fast 4th bar closes after crossing below the 0 line (max of 7). More Reasons The best situation for a Long Trade is we either have a Higher High/Higher Low on the candles or a Double Bottom. For a Short Trade we want the opposite: Lower Low/Lower High or Double Top.
2) TT Swing:
o o o o o o
Swings a swing is simply the same as a saucer and a shoulder, except that the MWIF crosses above the 0-line, retraces below and again crosses above the 0-line giving a clear HHHL on the MWIF for a long signal. For a short its the opposite with the MWIF giving a LLLH pattern. Trend Line Break (TLB) - place the entry at the newest breaker when all our conditions align. Draw all TLs above and below each potential trade and make sure there are at least 10 ticks room from the breaker entry to the next TL above/below! Balance Line (BL) above the balance line for a long and below for a short (use of the BL is optional) 3 Indicators Synchronize - MWI Fast, MWI Filter and Trend Filter all agree in colour before the entry. 5 x 4 Rule The entry occurs before the 5th price candle closes and before the MWI Fast 4th bar closes after crossing above the 0 line for a long (maximum of 7 bars of the same colour in total). For Short Trades, its before the MWI Fast 4th bar closes after crossing below the 0 (max of 7). More Reasons The best situation for a Long Trade is we either have a Higher High/Higher Low on the candles or a Double Bottom. For a Short Trade we want the opposite: Lower Low/Lower High or Double Top.
3) TT Shoulder:
o o o o o o
Shoulders a long shoulder pattern forms below the 0-line (opposite side of a saucer). The MWIF must have a clear Higher High /Higher Low for a long signal or Lower Low/Lower High (HHHL or LLLH) for a short signal. Trend Line Break (TLB) - place the entry at the newest breaker when all our conditions align. Draw all TLs above and below each potential trade and make sure there are at least 10 ticks room from the breaker entry to the next TL above/below! Balance Line (BL) above the balance line for a long and below for a short (use of the BL is optional) 3 Indicators Synchronize - MWI Fast, MWI Filter and Trend Filter all agree in colour before the entry. 5 x 4 Rule The entry occurs before the 5th price candle closes and before the MWI Fast 4th bar closes after crossing above the 0 line for a long (maximum of 7 bars of the same colour in total). For Short Trades, its before the MWI Fast 4th bar closes after crossing below the 0 line (max of 7). More Reasons The best situation for a Long Trade is we either have a Higher High/Higher Low on the candles or a Double Bottom. For a Short Trade we want the opposite: Lower Low/Lower High or Double Top.
To make sure you are on the correct side of the trend, draw your larger TLs by zooming into your Ninja Trader Chart (control Key and Arrow up key). When you see the MWI Fast staying near the Zero-Line, wait for a breakout before looking for a trade
Notes 1. 2.
3. 4.
Cycle after the first trade wait for the MWI Fast to retrace by at least 2 bars giving a new cycle. Or if you wish to be aggressive continue to take all the trades as long as the 5x4 Rule is holding. News verify before each trade that there is no new news or market openings approaching in the next 15-30 minutes.
TT Saucer Example 1:
Note: The Price Action has moved back towards the Trend Filter direction and we have the MWI Fast Filter crossing back towards the trend as well. There is a TLB with the 3 green Breaker Lines used to draw the TL. After the first move up, there is a small retrace giving us an opportunity to go long on the first MWI Fast Bar (marked with a blue vertical line). The entry is on the Green Breaker Line (shaded area). Note there is a shallow retrace in the PA and in the MWI Fast giving us no divergence and a likely hood that the trend will continue.
TT Saucer Example 2:
Note: Here Price Action looks to be starting a new down trend. There is a nice TLB with the 3 red indicators (MWIFast, MWIFilter and Trend Filter) as the MWI Fast gives us a nice saucer. The entry is on the 2 nd MWI Fast Bar and 3rd price candle, so all the rules are aligned.
TT Swing Example 1:
Note: Both these trades are looking range bound, but both have a LH (swing) on the MWI Fast. The first trade from the left
triggers on the 1st MWI Fast bar and the second trade triggers on the 2nd MWI fast Bar after crossing the O-line. Both entries are on the Red Breaker Lines (shaded areas). These Red breaker lines are 1 tick below the actual breaker.
TT Swing Example 2:
Note: After the PA starts to move down we get a Lower High on both Price Action and the MWI Fast. All other requirements are in tune for an entry on the Red Breaker.
TT Shoulder Example 1:
Note: There is a nice Double Top on the Price Action. After the Double Top the MWI Fast gives a failed higher high (shoulder). All 3 Filters are red and the entry is on the Red Breaker Line.
TT Shoulder Example 2:
Note: This trade shows a clear divergence between the PA and MWI Fast. PA gives a lower low, yet the MWI Fast gives a shoulder in the Trend Filter Direction.
3 Counter Trend Trade Set-ups
1) CT Saucer:
o o o o o o
Saucers a saucer forms when the MWIF crosses above the 0-line (few blue bars), then retraces at least 2 red bars before turning back up again for a long pattern. Short trade is the opposite. The MWIF must have a clear Higher High /Higher Low or Lower Low/Lower High (HHHL or LLLH) pattern. Trend Line Break (TLB) - place the entry at the newest breaker when all our conditions align. Draw all TLs above and below each potential trade and make sure there are at least 10 ticks room from the breaker entry to the next TL above/below! 2 Indicators Synchronize - MWI Fast and MWI Filter agree in colour before the entry. The Trend Filter is the opposite colour. 5 x 4 Rule The entry occurs before the 5th price candle closes and before the MWI Fast 4th bar closes after crossing above the 0 line for a long (maximum of 7 bars of the same colour in total). For Short Trades, its before the MWI Fast 4th bar closes after crossing below the 0 line (max of 7). More Reasons The best situation for a Long Trade is we either have a Higher High/Higher Low on the candles or a Double Bottom. For a Short Trade we want the opposite: Lower Low/Lower High or Double Top. Cycle after the first trade wait for the MWI Fast to retrace by at least 2 bars giving a new cycle. Or if you wish to be aggressive continue to take all the trades as long as the 5x4 Rule is holding.
2) CT Swing:
o o o o o o
Swings a swing is simply the same as a saucer and a shoulder, except that the MWIF crosses above the 0-line, retraces below and again crosses above the 0-line giving a clear HHHL on the MWIF for a long signal. For a short its the opposite with the MWIF giving a LLLH pattern. Trend Line Break (TLB) - place the entry at the newest breaker when all our conditions align. Draw all TLs above and below each potential trade and make sure there are at least 10 ticks room from the breaker entry to the next TL above/below! 2 Indicators Synchronize - MWI Fast and MWI Filter agree in colour before the entry. The Trend Filter is the opposite colour. 5 x 4 Rule The entry occurs before the 5th price candle closes and before the MWI Fast 4th bar closes after crossing above the 0 line for a long (maximum of 7 bars of the same colour in total). For Short Trades, its before the MWI Fast 4th bar closes after crossing below the 0 line (max of 7). More Reasons The best situation for a Long Trade is we either have a Higher High/Higher Low on the candles or a Double Bottom. For a Short Trade we want the opposite: Lower Low/Lower High or Double Top. Cycle after the first trade wait for the MWI Fast to retrace by at least 2 bars giving a new cycle. Or if you wish to be aggressive continue to take all the trades as long as the 5x4 Rule is holding.
3) CT Shoulder:
o o o o o o
Shoulders a long shoulder pattern forms below the 0-line (opposite side of a saucer). The MWIF must have a clear Higher High /Higher Low for a long signal or Lower Low/Lower High (HHHL or LLLH) for a short signal. Trend Line Break (TLB) - place the entry at the newest breaker when all our conditions align. Draw all TLs above and below each potential trade and make sure there are at least 10 ticks room from the breaker entry to the next TL above/below! 2 Indicators Synchronize - MWI Fast and MWI Filter agree in colour before the entry. The Trend Filter is the opposite colour. 5 x 4 Rule The entry occurs before the 5th price candle closes and before the MWI Fast 4th bar closes after crossing above the 0 line for a long (maximum of 7 bars of the same colour in total). For Short Trades, its before the MWI Fast 4th bar closes after crossing below the 0 line (max of 7). More Reasons The best situation for a Long Trade is we either have a Higher High/Higher Low on the candles or a Double Bottom. For a Short Trade we want the opposite: Lower Low/Lower High or Double Top. Cycle after the first trade wait for the MWI Fast to retrace by at least 2 bars giving a new cycle. Or if you wish to be aggressive continue to take all the trades as long as the 5x4 Rule is holding.
CT Saucer Example 1:
Note: On the TLB we see (vertical blue line) that the MWI Fast, MWI Filter and MWI Slow (CT Signal) were blue on the entry. The Trend Filter was Red as required as well as the MWI had a clear Saucer Pattern. The Grey CT Arrow confirmed the setup. To see more examples of these trades go to: http://bit.ly/TradesOfTheday CT Saucer Example 2:
Note: On the TLB we see (vertical blue line) that the MWI Fast, MWI Filter and MWI Slow (CT Signal) were blue on the entry. The Trend Filter was Red as required as well as the MWI had a clear Saucer Pattern. The Grey CT Arrow confirmed the setup. To see more examples of these trades go to: http://bit.ly/TradesOfTheday
CT Swing Example 1:
Note: On the TLB we see (vertical red line) that the MWI Fast, MWI Filter and MWI Slow (CT Signal) were Red on the entry. The Trend Filter was Blue as required as well as the MWI had a clear failed HH (giving us 2 LHs). The Grey CT Arrow confirmed the setup. To see more examples of these trades go to: http://bit.ly/TradesOfTheday CT Swing Example 2:
Note: On the TLB we see (vertical blue line) that the MWI Fast, MWI Filter and MWI Slow (CT Signal) were Blue on the entry. The Trend Filter was Red as required as well as the MWI had a clear failed LL (giving us a HL). The Grey CT Arrow confirmed the setup. To see more examples of these trades go to: http://bit.ly/TradesOfTheday
CT Shoulder Example 1:
Note: On the TLB we see (vertical blue line) that the MWI Fast, MWI Filter and MWI Slow (CT Signal) are pointing to a long entry. The Trend Filter was Red as required as well as the MWI Fast had a clear failed LL (giving us a HL/shoulder). The Grey CT Arrow confirmed the setup. More examples at: http://bit.ly/TradesOfTheday CT Shoulder Example 2:
Note: On the TLB we see (vertical blue line) that the MWI Fast, MWI Filter and MWI Slow (CT Signal) were Blue on the entry. The Trend Filter was Red as required as well as the MWI had a clear failed LL (giving us a HL). Entry was within 5 Price bars and the Grey CT Arrow triggered. More examples at: http://bit.ly/TradesOfTheday
CT Shoulder Example 3:
Note: On the TLB we see (vertical red line) that the MWI Fast, MWI Filter and MWI Slow (CT Signal) were Red on the entry. The Trend Filter was Blue as required as well as the MWI had a clear failed HH giving us a nice shoulder. The Grey CT Arrow confirmed the setup. More examples at: http://bit.ly/TradesOfTheday
Money M an age m ent Plan

Fu t u r e s 1 3 Ra n g e: 2 Con t r a c t s En t e r a t r a d e +1 t i c k a bove (lo n g t r a d e) o r -1 t i c k b e lo w (sh o r t t r a d e) o n a p a t t e r n a n d s i g n a l s e t u p. Stop 15 ti c k s T 1 8 a n d T 2 1 6 (B e+ 1 a t 8 t i c k s) o r t r a i l T 2 I f t r a d i n g 1 c o n t r a c t : S t o p 1 5 Ta r g e t 1 5 (Be +1 a t 8 o r t r a i l)
FX 1 3 Ran g e: S t o p 1 5-2 0 a n d Ta r g e t 1 5-2 0 o r t r a i l FX 2 1 Ran g e: S t o p 2 0-2 5 a n d Ta r g e t 2 0-3 0 o r t r a i l
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Learn How to Surf the Forex and Futures Markets with Low Risk and Maximum Profits

SURFING WITH PIPCANDY

by: Tony Mitchell & Philip Jedar

1 PipCandy - All Rights Reserved

2 PipCandy - All Rights Reserved

3 PipCandy - All Rights Reserved

4 PipCandy - All Rights Reserved

5 PipCandy - All Rights Reserved

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8 PipCandy - All Rights Reserved

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Money M an age m ent Plan

FX 1 3 Ran g e: S t o p 1 5-2 0 a n d Ta r g e t 1 5-2 0 o r t r a i l FX 2 1 Ran g e: S t o p 2 0-2 5 a n d Ta r g e t 2 0-3 0 o r t r a i l

13 PipCandy - All Rights Reserved

14 PipCandy - All Rights Reserved

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