GU Intraday System | Page 22 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Don Quixote's intraday system 8 replies

Simple Trading system for Intraday/short term 167 replies

Intraday Mechanical System Strategy 0 replies

Best Intraday Trading System 5 replies

looking for an intraday system 6 replies

Attachments: GU Intraday System
Exit Attachments

GU Intraday System

  • #421
  • Aug 11, 2010 1:43am Aug 11, 2010 1:43am
nice system , some false signals overall a good EA...thanks , keep up the good work
  • #422
  • Aug 12, 2010 2:16pm Aug 12, 2010 2:16pm
when will you post the 1.1 version? ...thanks and take care
  • #423
  • Aug 16, 2010 5:24pm Aug 16, 2010 5:24pm
glen could you please post your indicators and template or give me a link to the indicators and post the settings? thank you and sorry to bother you
  • #424
  • Aug 17, 2010 1:34am Aug 17, 2010 1:34am
Quoting winsteadglenn
A tad less erratic than the semaphore is the stochastic RSI cross.
14/14/25 for the fifteen min. window.
Well, believe me, the more indicators, the less profit. And looking at the picture, there is none whatsoever difference in the ma&gannline and the stochasticTops-Bottems.
The best systems have few or none indicators.
  • #425
  • Aug 19, 2010 9:20pm Aug 19, 2010 9:20pm
Have been lurking this thread for sometime.
Nice, uncluttered system.
Here is my two-cent contribution.
Attached is the M30 chart showing divergence in three different instances. In all three, they predicted the following big move before it started. The last one was starting when I took the first pick.
Attached Image (click to enlarge)
Click to Enlarge Name: chartpic819a.GIF Size: 60 KB


Attached Image (click to enlarge)
Click to Enlarge Name: aa.GIF Size: 40 KB


You can see how the trade has progressed few candles later. I also noticed that the stiffer the slope of the divergence, on PA and/or Trix indicator, the stronger the folllowing move will be. Keep in mind that in trading nothing is 100% sure shot. Nevertheless, every piece helps
  • #426
  • Sep 29, 2010 5:04pm Sep 29, 2010 5:04pm
Kashif

Nice to hear from you.
The system is still robust in line with the rules ( trade GU 8-12 gmt). The key is no matter how choppy the market is GU, on the basis of higher probability we will have momentum during the period we trade. For example today was choppy but look at the time specified to trade the system.

Now for the EA, it would require that it initiates a trade immediately the time set for the system kicks in. It should not wait for a new signal. So for example todays chart the EA should short the pair with the already existing short signal. What it usually does is that it waits for a new signal before it trades.
Attached Image (click to enlarge)
Click to Enlarge Name: gu intraday sys.gif Size: 31 KB
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #427
  • Sep 30, 2010 4:03pm Sep 30, 2010 4:03pm
Good evening everybody.
I passed all the afternoon to copy and past on a word document all the posts about this system in order to study it straight.
I also downloaded all the templates, exe and mq4 and saw all the the changes during the last 5 months in few hours.

I guess by a superquick and superficial reading of all the posts that it's a very interesting system indeed and I want to thank you Okehiedon for sharing it and also thans a lot to all those who partecipated in order to make the thing even more clearer and easy to implement and use .

I'll spend my weekend to study it and then I am eager to try it.

By the way, today it was a massacre for me, probably because of all the news affecting Gbp and Usd and maybe my lack of discipline .
Did anybody trade with this system this morning and/or this afternoon? And with what results?

Ok then, I am glad to be here now and I'll do my best to actively contribute to this thread .

Just one prayer: it happened with two threads that as soon as I got into with a post, everybody disappeared and the thread now is a dead-zone .
Promise me that you won't disappear and you'll stay here
  • #428
  • Sep 30, 2010 5:07pm Sep 30, 2010 5:07pm
Fabius where did you get the 'massacre' from. It was another profitable day for the system. This is my chart with the trading hours highlighted. Even if you had traded the us session(which I do not recommend ) you would have been in the green.

Quoting Fabius
Good evening everybody.
I passed all the afternoon to copy and past on a word document all the posts about this system in order to study it straight.
I also downloaded all the templates, exe and mq4 and saw all the the changes during the last 5 months in few hours.

I guess by a superquick and superficial reading of all the posts that it's a very interesting system indeed and I want to thank you Okehiedon for sharing it and also thans a lot to all those who partecipated in order to make the thing even more clearer and easy to implement and use...
Attached Image (click to enlarge)
Click to Enlarge Name: gu intraday sys.gif Size: 31 KB
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #429
  • Oct 1, 2010 8:01am Oct 1, 2010 8:01am
Quoting okehiedon
Kashif

Nice to hear from you.
The system is still robust in line with the rules ( trade GU 8-12 gmt). The key is no matter how choppy the market is GU, on the basis of higher probability we will have momentum during the period we trade. For example today was choppy but look at the time specified to trade the system.

HI can you please tell me where i can get the indicators to set up my charting like the one you have. It looks so much better to follow the buy and sell signals.
  • #430
  • Oct 1, 2010 10:54am Oct 1, 2010 10:54am
Quoting okehiedon
Fabius where did you get the 'massacre' from. It was another profitable day for the system. This is my chart with the trading hours highlighted. Even if you had traded the us session(which I do not recommend ) you would have been in the green.
Hi, thank you for answering.
I got the massacre mainly Gbp/Usd and my lack of patience I guess. I started well with 25 pips profit from 7.30 to 9.19 (Italian time, actually GMT +2). Then I started I sequence of losses due mostly of revenge-trading and maybe because I couldn't manage my positione correctly because all those whicks scared me.
I am about to study all your sistem (about 100 pages on word format -but with a lot of charts-) and I am looking forward to test it. First on demo of course
  • #431
  • Oct 1, 2010 11:13am Oct 1, 2010 11:13am
Quoting Fabius
Hi, thank you for answering.
I got the massacre mainly Gbp/Usd and my lack of patience I guess. I started well with 25 pips profit from 7.30 to 9.19 (Italian time, actually GMT +2). Then I started I sequence of losses due mostly of revenge-trading and maybe because I couldn't manage my positione correctly because all those whicks scared me.
I am about to study all your sistem (about 100 pages on word format -but with a lot of charts-) and I am looking forward to test it. First on demo of course
Fabius, if you are new to trading i suggest you move over to the eur usd. GU is known for its volatility and sometimes ugly price action. One thing you must understand when trading this system is that you will not enter or exit any trade until the candle closes. Sometimes because of the wicks it might seem that there could be a reversal but it is only market noise. Do not sit down staring at the charts. Take your position in line with the system and only check 15 or 30 min when the candle closes and do nothing till the next candle closes. (15 min tf for now)

If you look at today's chart it looks all one way, but in actual fact you were not sure what is happening till the candle closes. It looks nice on hindsight but trading live your emotions will get to you that is why i only look at the candle close. Infact today, once i got the buy signal which concided with my bias for the pair, I entered the trade set my stop loss and take profit and went out to sort out other things. Well price went my way, what if it went against me, no problem it would hit my stop loss( 3 per cent). But I live to trade another day and I believe and have confidence in the system.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd.gif Size: 32 KB
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #432
  • Oct 1, 2010 5:07pm Oct 1, 2010 5:07pm
Quoting okehiedon
Fabius, if you are new to trading i suggest you move over to the eur usd. GU is known for its volatility and sometimes ugly price action. One thing you must understand when trading this system is that you will not enter or exit any trade until the candle closes. Sometimes because of the wicks it might seem that there could be a reversal but it is only market noise. Do not sit down staring at the charts. Take your position in line with the system and only check 15 or 30 min when the candle closes and do nothing till the next candle closes. (15 min...
I see... Thanks for the tips. To tell the truth, I am not very new to trading (I started three years ago with options on indices, stocks and etf's) and I have been trading forex for one year now.
From the beginning of this thread, I have downloaded almost 12 indicators and a couple of templates. Could you please tell me which of them are to be used in the present version?
Thank you so much.
  • #433
  • Oct 2, 2010 7:04am Oct 2, 2010 7:04am
Quoting Fabius
I see... Thanks for the tips. To tell the truth, I am not very new to trading (I started three years ago with options on indices, stocks and etf's) and I have been trading forex for one year now.
From the beginning of this thread, I have downloaded almost 12 indicators and a couple of templates. Could you please tell me which of them are to be used in the present version?
Thank you so much.
Look at the last chart I posted that is what I am using. Pivot Point, Gann, sma, trix and rsi. THV panel. That is all.
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #434
  • Oct 2, 2010 8:04am Oct 2, 2010 8:04am
Quoting okehiedon
Look at the last chart I posted that is what I am using. Pivot Point, Gann, sma, trix and rsi. THV panel. That is all.
Fine, thank you .
I thought you were using the QQE (I copied and pasted the posts very quickly so I didn't read them carefully: I am doing this right now).
And 5sma on M15, 7sma on M30, correct?
Uh, RSI 12 period I guess from the last chart you posted.
Monday morning I'll be ready
  • #435
  • Oct 2, 2010 8:11am Oct 2, 2010 8:11am
Quoting Fabius
Fine, thank you .
I thought you were using the QQE (I copied and pasted the posts very quickly so I didn't read them carefully: I am doing this right now).
And 5sma on M15, 7sma on M30, correct?
Uh, RSI 12 period I guess from the last chart you posted.
Monday morning I'll be ready
Do not get mixed up,

Time Frame

15 min for present conditions

Gann period 7
SMA Period 7
RSI 12
Default for the trix.

Please read my post and live examples of how I trade with the Pivot Point.
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #436
  • Oct 2, 2010 8:25am Oct 2, 2010 8:25am
I'll do right away

As soon as I finish the thread, I'll ask you about
gann_swing_system.pptx

and if it is important (since I do not know in which folder I should put it).

Have a nice weekend
  • #437
  • Oct 2, 2010 8:26am Oct 2, 2010 8:26am
Quoting Fabius
I'll do right away

As soon as I finish the thread, I'll ask you about
gann_swing_system.pptx

and if it is important (since I do not know in which folder I should put it).

Have a nice weekend
Leave the gann swing system for now. If you get the GU intraday you will naturally understand the gann swing. Besides I already have improvements for it.
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #438
  • Oct 2, 2010 9:21am Oct 2, 2010 9:21am
Quoting okehiedon
Leave the gann swing system for now. If you get the GU intraday you will naturally understand the gann swing. Besides I already have improvements for it.
Oke, Can I try this sustem on allpairs other than Gbp/usd? have you experimented it or not?
Please.
  • #439
  • Oct 2, 2010 9:24am Oct 2, 2010 9:24am
Quoting okehiedon
Leave the gann swing system for now. If you get the GU intraday you will naturally understand the gann swing. Besides I already have improvements for it.
Oke So you want us to change properties of sma from 5 to 7 n also gann 7?/instead of 10!!
  • #440
  • Oct 2, 2010 2:59pm Oct 2, 2010 2:59pm
Quoting behman8850
Oke So you want us to change properties of sma from 5 to 7 n also gann 7?/instead of 10!!
It has always been Gann 7 from the inception of the system what has been changing is whether we use the 30 or 15 min chart.

The Gann 5 is used for the Gann swing system on the 4hr and 30 min combo.

I trade GU during london hours and the system is configured to catch the momentum during this periods. My advice stick to one or two pairs if you are trading intraday so it is your choice.
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
1 trader viewing now