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The7 Trading System

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  • Post# 601
  • Quote
  • Nov 15, 2012 7:58pm
  • prosper1
    Joined Apr 2012 | 115 Posts | Status: Member
Valid signal, in on GU
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  • Post# 602
  • Quote
  • Nov 15, 2012 8:02pm
  • prosper1
    Joined Apr 2012 | 115 Posts | Status: Member
Quoting ChicagoRob
Is your broker an ECN and do you have ECN = true? Have you turned off the swap filters?
I turned off swap filters, and criminal ECN=true. Not sure if that will do it?
I am new to using EA's. Would you be able to save your settings as a set file and send?
Thanks
  • Post# 603
  • Quote
  • Nov 16, 2012 1:47am
  • DerBerliner
    Joined Jan 2011 | 130 Posts | Status: Member
Quoting prosper1
Would you be able to save your settings as a set file and send?
Thanks
look here post 573 - http://www.forexfactory.com/showthre...386701&page=39
  • Post# 604
  • Quote
  • Nov 16, 2012 3:52am
  • mrcool4
    Joined Nov 2012 | 28 Posts | Status: Member
Here are my positions:
long in GBPUSD
short USDCAD
Short EURCAD
Short EURUSD
  • Post# 605
  • Quote
  • Nov 16, 2012 4:48am
  • DrDiscretion
    Joined Nov 2012 | 50 Posts | Status: Member
I thought someone posted the sweet cable long signal, but now I can't find it. My first (demo) trade on this system. Looks like a good entry so far. Is my stop loss too tight?
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  • Post# 606
  • Quote
  • Nov 16, 2012 5:57am
  • mrcool4
    Joined Nov 2012 | 28 Posts | Status: Member
yaaayyyy..I am loving this system..booked my 1st successful trade(30 pips) in my demo account.. Simple and straight forward..

Thank you somuch "The7" for sharing this wonderful system..
  • Post# 607
  • Quote
  • Nov 16, 2012 6:14am
  • mrcool4
    Joined Nov 2012 | 28 Posts | Status: Member
MY GBPUSD chart..looks like it willhit my SL
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  • Post# 608
  • Quote
  • Nov 16, 2012 7:59am
  • prosper1
    Joined Apr 2012 | 115 Posts | Status: Member
Quoting mrcool4
MY GBPUSD chart..looks like it willhit my SL
I would put my stop a few pips below the low of the previous bar, but thats just me. Everyone has a little different style.
  • Post# 609
  • Quote
  • Nov 16, 2012 9:07am | Edited at 4:01pm
  • samad
    Joined Feb 2011 | 16 Posts | Status: Member
Quoting mrcool4
MY GBPUSD chart..looks like it willhit my SL

Hi every mates,


I think it'd be better if we waited until today's candle closed below previous day candle's low.



Thanks The7



  • Post# 610
  • Quote
  • Nov 16, 2012 8:10pm
  • mrcool4
    Joined Nov 2012 | 28 Posts | Status: Member
Quoting prosper1
I would put my stop a few pips below the low of the previous bar, but thats just me. Everyone has a little different style.
Wow..finally bounced back..
My USDCAD hit SL.. rest 3 are in profits..
  • Post# 611
  • Quote
  • Nov 16, 2012 8:50pm
  • fxscalp1
    Joined Apr 2012 | 44 Posts | Status: Member
Yes, me too on the U/CA My SL also got hit after I had second guessed myself and re-adjusted it to just above the previous candle. But you know, although it recovered, it could have gone the other way too and the ultimate idea is to profit from multipe orders, let the loosers go and stay with the winners- and it looks like you are right on track mrcool4
  • Post# 612
  • Quote
  • Nov 16, 2012 11:48pm
  • mrcool4
    Joined Nov 2012 | 28 Posts | Status: Member
Quoting fxscalp1
Yes, me too on the U/CA My SL also got hit after I had second guessed myself and re-adjusted it to just above the previous candle. But you know, although it recovered, it could have gone the other way too and the ultimate idea is to profit from multipe orders, let the loosers go and stay with the winners- and it looks like you are right on track mrcool4
Thank You Fxscalp.. I did a small mistake in placing SL for GBPUSD because of which booked in loss..Anyways I don't mind as this is just a demo account.Overall I am happy that system is working perfectly..
I am going to enter following positions on Monday opening..
AUDUSD Buy Signal
EURAUD Sell Signal
EURGBP Sell Signal
AUDCAD Buy Signal

If you don't mind keep sharing your trades as well so that we can track this system and also will be helpful for other members of this thread.

Cheers,
Mc
  • Post# 613
  • Quote
  • Nov 17, 2012 9:02am
  • ChicagoRob
    Joined Mar 2008 | 237 Posts | Status: Member
Quoting mrcool4
If you don't mind keep sharing your trades as well so that we can track this system and also will be helpful for other members of this thread.

Cheers,
Mc
eurgbp/sell
eurnzd/sell
gbpchf/buy
gbpnzd/sell - pinbar
nzdchf/buy
nzdusd/buy - pinbar

Rob
  • Post# 614
  • Quote
  • Nov 17, 2012 9:36am
  • DerBerliner
    Joined Jan 2011 | 130 Posts | Status: Member
Hi Rob ... what about AUDUSD (buy), AUDCAD (buy) and EURAUD (sell) ?
  • Post# 615
  • Quote
  • Nov 17, 2012 10:30am
  • ChicagoRob
    Joined Mar 2008 | 237 Posts | Status: Member
Quoting DerBerliner
Hi Rob ... what about AUDUSD (buy), AUDCAD (buy) and EURAUD (sell) ?
AUDUSD - I missed this one. Looks like a great setup with a nice pinbar.
AUDCAD - Touch and go. Wick barely inside channel, body outside of channel
EURAUD - Solid sell signal. Better, IMO, than the eurcad setup I posted.

I'm using Hopwood's EA, so it'll be interesting to see which pairs it ends up trading. It's definitely a lot
less maintenance than manual trading, but there is no discretion. Sometimes discretion can be a good
thing. I would be totally satisfied trading The7 manually, in which case I would use Hopwood's MPTM
to manage the trades.

Rob
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  • Post# 616
  • Quote
  • Nov 17, 2012 10:55pm
  • mrcool4
    Joined Nov 2012 | 28 Posts | Status: Member
Quoting ChicagoRob
eurgbp/sell
eurnzd/sell
gbpchf/buy
gbpnzd/sell - pinbar
nzdchf/buy
nzdusd/buy - pinbar

Rob
Thanks Rob for sharing your picks..If you don't mind could you please tell me how to use Hopwoods EA?

Thanks,
Mc
  • Post# 617
  • Quote
  • Nov 18, 2012 5:55am
  • DerBerliner
    Joined Jan 2011 | 130 Posts | Status: Member
@mrcool4:

here you go:

http://www.stevehopwoodforex.com/php....php?f=5&t=879
  • Post# 618
  • Quote
  • Nov 18, 2012 7:27am
  • mrcool4
    Joined Nov 2012 | 28 Posts | Status: Member
Quoting DerBerliner
@mrcool4:

here you go:

http://www.stevehopwoodforex.com/php....php?f=5&t=879

Thank you so much derberliner..
I have gone through previous posts and downloaded the EA...
  • Post# 619
  • Quote
  • Nov 18, 2012 4:47pm
  • frani60
    Joined Nov 2011 | 64 Posts | Status: Member
guten abend, i see also

nzd/usd buy
eur/gbp short
gbp/chf long
aud/chf long

is this all right

greets from austria
  • Post# 620
  • Quote
  • Nov 18, 2012 5:00pm
  • fxscalp1
    Joined Apr 2012 | 44 Posts | Status: Member
Quoting frani60
guten abend, i see also

nzd/usd buy
eur/gbp short
gbp/chf long
aud/chf long

is this all right

greets from austria
Looks good to me - 1 Min to open.............
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