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SIMPLE EA for a simple method needed!! 1 reply

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Attachments: Simple Trading Method with trader101
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Simple Trading Method with trader101

Quoting brijon
101 i made the video...
koe ki ncen dancuk owk jon.. rupamu ae pamer terus kakean cangkem... afu tnan..
Tallman,

I know your idea is right. However I can't comment since you are using the Original Pairings. Currently, we are using the Universal Pairings now since we stopped all supports to the Original pairs some months ago and dedicated all resources to the Universal Pairings.

My suggestions is for you the rechannel your study to the Universal pairs then i could comment on your posts.

Anyways, I am impressed by your quest to fully understand this system. I always welcome technical questions good or bad. Rest assure questions like this will always be responded by myself.

Julius
Hi Trader 101 !

I've seen that you're holding a seminar from 10-13 th of January
in Malaysia...

Unfortunately I couldn't participate during that time.

Are you planning to hold a seminar in Europe (e.g. London) ?

Kind regards

Bernhard

Quoting trader101
Tallman,

I know your idea is right. However I can't comment since you are using the Original Pairings. Currently, we are using the Universal Pairings now since we stopped all supports to the Original pairs some months ago and dedicated all resources to the Universal Pairings.

My suggestions is for you the rechannel your study to the Universal pairs then i could comment on your posts.

Anyways, I am impressed by your quest to fully understand this system. I always welcome technical questions good or bad. Rest assure questions like this will...
Quoting trader101
Tallman,

I know your idea is right. However I can't comment since you are using the Original Pairings. Currently, we are using the Universal Pairings now since we stopped all supports to the Original pairs some months ago and dedicated all resources to the Universal Pairings.

My suggestions is for you the rechannel your study to the Universal pairs then i could comment on your posts.

Anyways, I am impressed by your quest to fully understand this system. I always welcome technical questions good or bad. Rest assure questions like this will...

Hi Julius,

I am using Universal Pairs. That's why you can't see USDCAD - CADJPY (repel) and USDCAD - GBPUSD (attract). Isn't it the difference between universal and original pair is:

1) the introduction of NZDJPY and NZDUSD to replace CADJPY and USDCAD? This is due to NZD is more common among brokers.

2) reshuffle of buy/sell basket. Sells: AUDUSD, NZDJPY, GBPCHF, EURUSD, EURCHF, CHFJPY, USDJPY. Buys: USDCHF, EURGBP, NZDUSD, GBPUSD, EURJPY, AUDJPY, GBPJPY.

I attach one day IA of Universal Pairs in this post. I apologise if I got the concept wrong.

Attached Image (click to enlarge)
Click to Enlarge Name: 20091214.GIF Size: 83 KB


Hope you can point out if I am wrong. I am starting weekly IA soon so, if it is wrong I can correct my program asap.

Thanks.
Quoting tallman
Hi Julius,

I am using Universal Pairs. That's why you can't see USDCAD - CADJPY (repel) and USDCAD - GBPUSD (attract). Isn't it the difference between universal and original pair is:

1) the introduction of NZDJPY and NZDUSD to replace CADJPY and USDCAD? This is due to NZD is more common among brokers.

2) reshuffle of buy/sell basket. Sells: AUDUSD, NZDJPY, GBPCHF, EURUSD, EURCHF, CHFJPY, USDJPY. Buys: USDCHF, EURGBP, NZDUSD, GBPUSD, EURJPY, AUDJPY, GBPJPY.

I attach one day IA of Universal Pairs in this post. I apologise if I got the concept...
Sorry my assumption of your pair usage was a mistake. I dont see anything wrong with your assumption of attract and repel. The only thing that i think wrong is the assumption that GJ and GU repel.

Actually GJ and GU attracts. In fact they are a part of the group we call the EXTREMES. the extremes are compose of 4 currency pairs. GU and GJ on one side and the EG and GC on the other sides.

They are being named extremes as these 4 pairs normally occupies the top 2 slots and the bottom 2 slots. Extremes is just a fancy name for actually GBP pairs isnt it?

The rest of your assumption in attraction and repulsion are alright. In fact there are other pairs in the 14 pairs that have constant movement week in week out. Soon I know you will discover something that I have not discover yet and that will keep you loving this method.

Julius
Quoting behof
Hi Trader 101 !

I've seen that you're holding a seminar from 10-13 th of January
in Malaysia...

Unfortunately I couldn't participate during that time.

Are you planning to hold a seminar in Europe (e.g. London) ?

Kind regards

Bernhard
Hello Bernhard,

It is suppose to be a vacation to escape the bitter winter here in New York but the cat is now out of the hat.

Some group did invite me for a workshop in that part of the world this summer. Not finalize yet. Dont want to say this publicly. E-mail me for the details.

Julius
Hi Juilius,

Can i have latest update protect account EA coz the EA's u had provided in the 1st page has expired.

Thanks
Quoting trader101
Sorry my assumption of your pair usage was a mistake. I dont see anything wrong with your assumption of attract and repel. The only thing that i think wrong is the assumption that GJ and GU repel.

Actually GJ and GU attracts. In fact they are a part of the group we call the EXTREMES. the extremes are compose of 4 currency pairs. GU and GJ on one side and the EG and GC on the other sides.

They are being named extremes as these 4 pairs normally occupies the top 2 slots and the bottom 2 slots. Extremes is just a fancy name for actually GBP pairs...
The reason why I understand GU & GJ repel reaction is from one of your explanation previously. I am not sure whether that has been changed. Please allow me to reattach the same document I got from this thread on tandem trade.

Attached Image (click to enlarge)
Click to Enlarge Name: T101 Tandems Trade.GIF Size: 64 KB


Hope you don't mind I requote your statement. My intention is to clarify the system. I might missed something.

If possible, if you are able to review my charts above, please let me know how should I react if GU & GJ come together. What position should I take? In your previous attachment, you only mention they will eventually repel each other.

Thanks
Quoting tallman
The reason why I understand GU & GJ repel reaction is from one of your explanation previously. I am not sure whether that has been changed. Please allow me to reattach the same document I got from this thread on tandem trade.

Attachment 385986

Hope you don't mind I requote your statement. My intention is to clarify the system. I might missed something.

If possible, if you are able to review my charts above, please let me know how should I react if GU & GJ come together. What position should I take? In your previous attachment, you only...
I know that the confusion start from the pairing. The statement i made in that post is based on the Original Pairings. But with the usage of Universal pairing that statement is no longer true.

In that pairing the GU and GJ are not the same color, hence they repel. Unlike in the Universal pairing they are both green pairs. Hence they are attracted to each other.

That was the reason of my first statement that i was thinking you are using the Original pairings. Because they repel in the original but attract in the Universal.

Very important note...to everyone using this sytem. That post Tallman quoted is only good if you are using the Original Pairs. If you are now using the Universal Pairings those assumptions are not valid.

Phew!!! Hope my explanation clears things...You will eventually get it.

Julius
Quoting trader101
I know that the confusion start from the pairing. The statement i made in that post is based on the Original Pairings. But with the usage of Universal pairing that statement is no longer true.

In that pairing the GU and GJ are not the same color, hence they repel. Unlike in the Universal pairing they are both green pairs. Hence they are attracted to each other.

That was the reason of my first statement that i was thinking you are using the Original pairings. Because they repel in the original but attract in the Universal.

Very important note...to...
Thanks Julius. I know what is the cause of my confusion.

I have read through the thread but you never mention tandem pairs for universal. So can I assume that if they only repels when they are from different basket (different color)? In this case:

1) AU & AJ: Repel reaction still holds
2) EU & EJ: Repel reaction still holds
3) GU & GJ: Attract reaction

Or maybe that is not always the case since for original pairs, UCad & CadJ both are from buy basket has repel reaction as you mentioned in the attachment I posted.

Besides, is there other tandem pairs that you have not mentioned?

Thanks. I strongly believe this system is working only if the user understand the concept and not blindly use them.
Quoting tallman
Thanks Julius. I know what is the cause of my confusion.

I have read through the thread but you never mention tandem pairs for universal. So can I assume that if they only repels when they are from different basket (different color)? In this case:

1) AU & AJ: Repel reaction still holds
2) EU & EJ: Repel reaction still holds
3) GU & GJ: Attract reaction

Or maybe that is not always the case since for original pairs, UCad & CadJ both are from buy basket has repel reaction as you mentioned in the attachment I posted.

Besides, is there other...
hi tallman

can I ask you something? what IA you are looking at? Current week IA or old IA?

thanks
Quoting rain_310014
hi tallman

can I ask you something? what IA you are looking at? Current week IA or old IA?

thanks
I posted two weeks compilation (14 dec & 28 dec) on my post earlier on. All IA is opened start of the week and therefore you will most probably see five chart of each tandem pairs. Normally it takes 7-8 hours for the IA trend appears so I will not look at the sign for the first 7 hours upon the IA is launched.

I have time to look at current week IA yet. Most of my question asked is based on old data and observations. My intention is to clarify what should I do when I see repel pairs sticking together. Trader101 only teaches us how to trade tandem attract but not tandem repel (see the attachment of tandem trade I posted few post back).
Hi Ju;ius,

It seems that the ProtectEA posted in #1 has already expired, any chance of attaching a valid one soon?

Thanks and Happy New Year
Hi Ju;ius,

It seems that the ProtectEA posted in #1 has already expired, any chance of attaching a valid one soon?

i newbie and i dont know how to set up IA simulator..where i can get this software..can u teach me?
I've been following this system for a while now and I've been so close to feeling the light go off in my head, that it's been almost scary. It finally has, though, thanks to you Tallman. That sheet you created helped me see how these pairs move well enough that I have finally filled in the empty spaces. I now see what Julius has been trying to say. Is there any way you can give a brief guide on how you made that hour by hour sheet, so that I may create one of my own? Thank you Tallman for helping me see how this works and thank you Julius for creating this wonderful system!
"There is no normal, there is only less weird." -John Barnett
Quoting manperm
I've been following this system for a while now and I've been so close to feeling the light go off in my head, that it's been almost scary. It finally has, though, thanks to you Tallman. That sheet you created helped me see how these pairs move well enough that I have finally filled in the empty spaces. I now see what Julius has been trying to say. Is there any way you can give a brief guide on how you made that hour by hour sheet, so that I may create one of my own? Thank you Tallman for helping me see how this works and thank you Julius for creating...

I am glad to share and pleased that you understand. I am a practitioner of this system too. As Trader101 mentioned, we will explore more things eventually if we never gave up. I started to look at this so-called 'great system that gone extinct' on Dec last year and from my experience I think it is possible but the journey will be difficult. I understand the reason of frustration from a lot of people. They only want to drag and drop an indicator/EA onto a chart and make profit. Ya, they only want easy way out and this system (or forex in greater meaning) is not suitable for them.

I attached another illustration of basket trading and tandem trade for first week of 2010. Unfortunately I am on demo so, the pips I gained are nothing but data. I also found some limitations that need to be explored.

They are:

1) Basket trading draw down (you need bigger account but it is better to start with small lot size)
2) Close monitoring of market required as manual trading is required (the twist and turn of basket might happened during your sleep so you will miss them)
3) Unclear exit point requirement (I opened 14 shorts some time ago and it is under profit but it is quite difficult for all of the basket position to opposite switch so we have to decide when to close all positions because it will slowly drift back to original position if the market is not strong enough)
4) Spread loss (exotic pairs spread is costly)

Attached Image (click to enlarge)
Click to Enlarge Name: 2010 Basket Illustrate.GIF Size: 185 KB


Attached Image


Then again, tandem trades are relatively easier because you are concentrating on few pairs and can react faster than basket trading. As the lot size is bigger, you are expected to close them in few hours time.

For your question how to do spreadsheet, you have to do them manually if you are not familiar with programming. Yes, this system needs a lot of manual work.
Quoting tallman
I am glad to share and pleased that you understand. I am a practitioner of this system too. As Trader101 mentioned, we will explore more things eventually if we never gave up. I started to look at this so-called 'great system that gone extinct' on Dec last year and from my experience I think it is possible but the journey will be difficult. I understand the reason of frustration from a lot of people. They only want to drag and drop an indicator/EA onto a chart and make profit. Ya, they only want easy way out and this system (or forex in greater...

Hi Tallman, thanks for the detail explanation.
Can you please tell me which broker are you using?
- I am using orest indicator on fxpro and it never showed the "Ideal Position" - I also see in your chart that 5gen2010 23:05, it shows that the anchor pair ("AUDUSD") has switched positions to "GBPJPY", instead in orest it has not switched and infact the position difference between the two pairs is 5.
I was wandering if it was only the difference due to different brokers or there is some problem with orest indicator.

Kind regards
Kash
It appears you and I are on the same page with this entire system, as I have basically the same concerns, especially regarding the proper exit strategy. It is definitely a system that must be watched, but the rewards are worth it. I, too, am using only a demo account until I become 100% comfortable with entry and exit. I began creating an excel spreadsheet last night to see if I can mimic what you've done, as that seems to make everything much easier to understand. Thank you for your time and happy trading to everyone!
"There is no normal, there is only less weird." -John Barnett
Would it be possible to post a picture of your most recent i.a. spreadsheet with the numbers at the bottom, as you did in your post # 2784. Also, could you possibly explain how you derive those numbers and what each one means? That would really help me in setting up my spreadsheet. If you're able to do that, I would greatly appreciate your time. Thank you, again!
"There is no normal, there is only less weird." -John Barnett
Quoting mkashifk
Hi Tallman, thanks for the detail explanation.
Can you please tell me which broker are you using?
- I am using orest indicator on fxpro and it never showed the "Ideal Position" - I also see in your chart that 5gen2010 23:05, it shows that the anchor pair ("AUDUSD") has switched positions to "GBPJPY", instead in orest it has not switched and infact the position difference between the two pairs is 5.
I was wandering if it was only the difference due to different brokers or there is some problem with orest indicator.

Kind regards
Kash
First of all, I have to stress that I am only a practitioner of T101 system so I might be wrong. Please correct me if you think I am wrong thanks.


Hi Kash,

Regarding your question on OREST, I am not sure which timeframe you are looking at on your OREST indicator. If you look at 1week, that is the column that 'simulates' IA open on the beginning of the week. Difference of brokers is not significant, (I guess).
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