Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Top 100 best Trading Systems: post good Trading Systems here 54 replies

Which indicators work best with what currency. 8 replies

Which system is the best? Or which combinations of systems work the best? 46 replies

Are the best systems also the systems that fail most spectacularly? 55 replies

Systems, Systems and Systems... 1 reply

Which systems work best at this market?

  • Post #1
  • Quote
  • First Post: Feb 1, 2008 4:43am Feb 1, 2008 4:43am
Hello everybody,

It seems that these days none of the systems work well. Please tell based on your experience which systems work best and for which pairs?
I was using Vynners system for some time but since autumn it stop working and doesn't give correct signals anymore. If it gives sometimes correct entry then exit signal would not be good.
What system is the best for raging markets?
Best system in the world for "raging" sic, markets is to stay out, either find a pair that is trending or wait for better conditions on the pairs you like to trade.

You have 3 choices when you trade, Buy, Sell or Wait, they are all as valid as each other, imho the third is the most important and the hardest to grasp.
Quoting scorpion
Best system in the world for "raging" sic, markets is to stay out, either find a pair that is trending or wait for better conditions on the pairs you like to trade.

You have 3 choices when you trade, Buy, Sell or Wait, they are all as valid as each other, imho the third is the most important and the hardest to grasp.
The safest way in forex is not to trade at all.
Quoting dzeba
Hello everybody,

It seems that these days none of the systems work well. Please tell based on your experience which systems work best and for which pairs?
I was using Vynners system for some time but since autumn it stop working and doesn't give correct signals anymore. If it gives sometimes correct entry then exit signal would not be good.
What system is the best for raging markets?
Which system is the best? That's like asking which music is the best or which car is the best.

It depends a lot on the user.

I don't like scalping, so a scalping system wouldn't be good for me. Some people don't like daily charts, so a daily system wouldn't be good for them.

The best thing for you to do is to go through this forum and test out the systems to find one that works for you. Don't rely on other people's recommendations when it comes to your money. Decide for yourself.
Quoting In2Blues
Which system is the best? That's like asking which music is the best or which car is the best.

It depends a lot on the user.

I don't like scalping, so a scalping system wouldn't be good for me. Some people don't like daily charts, so a daily system wouldn't be good for them.

The best thing for you to do is to go through this forum and test out the systems to find one that works for you. Don't rely on other people's recommendations when it comes to your money. Decide for yourself.
Maybe I asked the question incorecctly i just wanted to know if any of the systems that people use from this forum work as good as it used to be cause i already found which one was best for me , but for now it is not working that good anymore.... thats why i asked
  •  w_z
  • | Joined Dec 2007 | Status: hand over them pips | 61 Posts
use price, or just stay out
Just from curiosity ,
Did you paper trade your system for at least 1 year back before
you started trading it live ?
personally ,when I get new trading system I paper trade it for at least 1 year
back from now and see how it performs in all kind of markets .
Then I also know in which kind market I should stay out with this system .
Pairs

Aud/yen, euro/yen, gbp/yen

Sessions: Early Aisan and London

15m TF but longer TF would work well also,

System : a small variation to Igor's Zorro System. (take fewer trades, due to a filter)

Earning 500p/week on average.

I cant post my template, as its commercial in part, copyright to Igor.

Perhaps some pairs are ranging now, but on the 15m TF, using selective entries, plenty of profits are available on the Yen crosses.
Use the damiani volatimeter to learn when to trade which time frame. If you use trend lines, you can use them to find which are the trending pairs and which time frame to trade. Watch for bounces off support and resistance.

When you have mastered the above you can apply any trading system to the conditions.

Use very small lots if you're not sure.

No position is always a good position to trade.
Gone to a better place
Hi,

Hmm..another effort to find a holy grail.But first..please define "best" according to your perspective.anyho..the key is "the art of how u trade the market".I prefer the Price as my number 1 indis..then my money management as the second..then my method of exit and enter, wrapped in a healty mentallity..i never worry about the the profit..the monies that i put on the risk take all my worries ( meaning.. my biggest attention is on the money that i put as risk in everytrade)..since the first rule of how to win the market is "u can enter the market"..no money..no entering the market.2 cents
Quoting efextrader
Pairs

Aud/yen, euro/yen, gbp/yen

Sessions: Early Aisan and London

15m TF but longer TF would work well also,

System : a small variation to Igor's Zorro System. (take fewer trades, due to a filter)

Earning 500p/week on average.

I cant post my template, as its commercial in part, copyright to Igor.

Perhaps some pairs are ranging now, but on the 15m TF, using selective entries, plenty of profits are available on the Yen crosses.
Hi efextrader ,
May I ask what filter do you use for the Zorro system ?
Quoting lac_raz
Just from curiosity ,
Did you paper trade your system for at least 1 year back before
you started trading it live ?
personally ,when I get new trading system I paper trade it for at least 1 year
back from now and see how it performs in all kind of markets .
Then I also know in which kind market I should stay out with this system .
of course I paper traded it at first, I have paper traded some systems from this forum and then tried live the one i liked the most and to tell thje truth in three months it gave 100% return to the account which is really good I believe but I am just saying that right now it doesn't give the signals that good anymore and now I know that it works well in other conditions of the market and was interested what other people are using at this market
Quoting parlenk
Hi,

Hmm..another effort to find a holy grail.But first..please define "best" according to your perspective.anyho..the key is "the art of how u trade the market".I prefer the Price as my number 1 indis..then my money management as the second..then my method of exit and enter, wrapped in a healty mentallity..i never worry about the the profit..the monies that i put on the risk take all my worries ( meaning.. my biggest attention is on the money that i put as risk in everytrade)..since the first rule of how to win the market is "u can enter the market"..no money..no entering the market.2 cents
Well personally I do not think that there is a holy grail so not really looking for it but i like the way u described your trading
Quoting dzeba
{quote} Maybe I asked the question incorecctly i just wanted to know if any of the systems that people use from this forum work as good as it used to be cause i already found which one was best for me , but for now it is not working that good anymore.... thats why i asked
Any system that is consistently wrong is very good. Just do the opposite. Same with some of the threads. Bet the opposite way to the poster, once he has been identified as a loser.
  • Post #15
  • Quote
  • Last Post: Jul 13, 2013 3:19pm Jul 13, 2013 3:19pm
Quoting w_z
use price, or just stay out
use indicators, or just stay out.

You see....it depends on what your style is and what you're looking for.
0 traders viewing now