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ALI's journal 5 replies

Multiple & Modified Trading System 6 replies

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last 5 year trading system,+modified of vegas tunnel method,more than 88% in backtest 11 replies

Attachments: Payapa Trading System - Modified Ali's Version
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Payapa Trading System - Modified Ali's Version

Quoting odro
{quote} ) hello there. You base on the date of joining FF for what )) First thing, the way you trade is completely not fit with the system Conservative order: price meet EMA 21, the emas in RSI should meet the red zone or green zone Non-conservative: as I said before. All other charts that other people posted at least meet this condition, the thread owner just also put the trend indi to make sure we can filter out bad trades and still testing. You can check back your orders and your charts, is it fit with the system or not? And the...
I challenge you or Alhawali to answer the following questions and tell me which of the system I've violated from any of the charts I've posted. Alhawali may produce the system but everyone;s understanding and interpretation is different

The question I need you to answer is this:-

1. When the EMA of RSI window leaves support 10-30 and the 1H Candle closes above 21 EMA on chart and i place a buy Order, pls at what point am I expected to stop buying or taking profit if the condition holds like that for several days and there's still space for upward movement? Just because you don't see space for Upward Movement on H1 does not mean it is not there if you zoom in or change chart to H4 or Daily timeframe.

2. Secondly, When the EMA of RSI window leaves resistance 70-90 and the 1H Candle closes below 21 EMA on chart and i place a SELL Order, pls at what point am I expected to stop SELLING if the condition hold like that for several days and there's still space for downward movement? Just because you don't see space for Downward Movement on H1 does not mean it is not there if you zoom or change chart to H4 or Daily timeframe.

EMA of RSI left support on Monday for EJ and never came back down and also never hit Resistance 100. EU consolidated today and still closed above EMA 21 for Uptrend. So I simply use TrendStrenght to know if I should continue buying and I was right. You are free to interprete the system your own way

I have not violated any of the conditions of the system. Just because you dontAnd if you have any of the conditions you think I've violated, pls mention it so that I can be corrected.
In all your ways acknowledge Him and He will direct your path.
One should max zoom the chart to truly identify support/resistance touch of the blue EMA.
Guys what's the use of attaching the RSI Straight indicator if we can make good use of it? I think omega understand the to use it more than we understand, we are focusing more on the EMAs, while he focus on both the rsi Straight indicator and the EMA's
Proudly NAIJA
SELL
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Quoting gf233
{quote} I find your posts useful to better understand the system so please continue to write your ideas. Do you think USDJPY is getting ready for SELL?
RSI left support on 8th May and is currently neither fully up (Resistance) nor down, so we rely on close of Candle (which is currently above 21 EMA) and TrendStrenght (UP ward but weak @ 57) to determine Trend direction.

Avoid USDJPY for now but if you are already in trade then it is likely to go up based on system
In all your ways acknowledge Him and He will direct your path.
Quoting Iamdrp
SELL {image}
How can you even suggest a SELL on this pair when H1 candle is clearly above 21 EMA and TrendStrenght is still Consolidating?

I was expecting Alhawali, Odro and Cicro to advise and guide when such charts are posted, but they will be busy criticizing me
In all your ways acknowledge Him and He will direct your path.
sir auto fibo not getting plotted in chart wat to do
Quoting Yassir1
Guys what's the use of attaching the RSI Straight indicator if we can make good use of it? I think omega understand the to use it more than we understand, we are focusing more on the EMAs, while he focus on both the rsi Straight indicator and the EMA's
That's exactly the point I've been trying to make. The RSI Composite TrendStrenght indicator and the 21EMA are absolutely more important because they give us an OVERALL PICTURE of what is happening on the other timeframes while the RSI & multiple EMA for Support and Resistance on the lower window only shows you what is happening on the 1H only which can be deceptive.

If you focus on only the 1H and waiting to enter trades, you might see as if the SUPPORT and RESISTANCE is reached without knowing that theres space on other timeframes. But if you rely on the value of the TrendStrenght indicator and focus more on the closing of the 21EMA on the 1H, you make less mistakes and get more trades.

SIMPLE
In all your ways acknowledge Him and He will direct your path.
Quoting alhalawi
Hot pairs short nzdusd nzdjpy dax long usdcad
Hello Alhalawi,

Just like I disagreed with you initially on your trade suggestions and I gave my analysis and reasons, you can see that I'm being proved right - NZDUSD & NZDJPY is currently LONG and the TrendStrenght is increasing. So it is not enough to tell me that I'm going against the system. Pls give me your reason with good trade setups

My Trade Suggestion

LONG
NZDUSD, NZDJPY, NZDCAD
AUDUSD, AUDJPY
AURUSD, EURJPY
EURCHF

SELL
EURNZD, EURAUD
GOLD

Below is my chart attached for trades taken - at least I've proved that I put my money where my mouth is. Can any of my critics do same
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In all your ways acknowledge Him and He will direct your path.
  • Post #390
  • Quote
  • Edited 10:42am May 21, 2020 10:32am | Edited 10:42am
Quoting OmegaFire
{quote} Hello Alhalawi, Just like I disagreed with you initially on your trade suggestions and I gave my analysis and reasons, you can see that I'm being proved right - NZDUSD & NZDJPY is currently LONG and the TrendStrenght is increasing. So it is not enough to tell me that I'm going against the system. Pls give me your reason with good trade setups My Trade Suggestion LONG NZDUSD, NZDJPY, NZDCAD AUDUSD, AUDJPY AURUSD, EURJPY EURCHF SELL EURNZD, EURAUD GOLD Below is my chart attached for trades taken - at least I've proved that I put my money where...
You should shut your mouth off.
First thing, yes you can place buy or sell order if the trend continues support you, but at the zone you place your order, does the ema in rsi window in the zone of the system? In your pics, i can say completely no. So the thing is you are following the trend, not the system. Why cant you understand? The system is: Price meet EMA 21, emas in rsi window at the buy-sell zone in #1 post, at the same time. And after that, some people with big heart try to help to filter out bad trade by adding trend: TTI, RSI strength... its a plus to the main system. Sometimes, when the price meet EMA 21, the EMAs are in the zone of placing order but the trend is against that order, one can place order or not base on his risk management.
Second things, OP say these pairs just for us to watch closely in the case of not missing it. That's not entering to an order.
Third thing, NJ chart, lots of candle close under ema 21, you can see, but then the price turns up, some people who miss the order in the first place may consider entering order at this time, I also do that, is there any problem with you?
I am not saying you are right or true, the one who take money is the winner. But why you blame people just because of they are entering an order against you?
You put your money on your trade, so am I. Do not make yourself being a joke to me.
This is the last post I said to you. PEACE!

Btw, watch out NU, NJ, EU, EJ, all are divergence on H1. In my view, if the price close under EMA, we can pull the trigger
Guys, please just keep calm But OmegaFire is true that you are using same template but absolutly different strategy.
Quoting odro
{quote} You should shut your mouth off. First thing, yes you can place buy or sell order if the trend continues support you, but at the zone you place your order, does the ema in rsi window in the zone of the system? In your pics, i can say completely no. So the thing is you are following the trend, not the system. Why cant you understand? The system is: Price meet EMA 21, emas in rsi window at the buy-sell zone in #1 post, at the same time. And after that, some people with big heart try to help to filter out bad trade by adding trend: TTI, RSI...
You should be the one to SHUT UP. I never commented on your posts but you were the first to attack me by telling me to STOP posting my charts as if your father owns ForexFactory.

You keep telling me to watch chart and then pull trigger, but can you show me your actual trade. NU, AU, NJ, EU, EJ are all presently below 21 EMA but RSI Strength is still showing an uptrend and I won't advise anyone to enter yet until RSI strength turns RED signifying a downtrend or else you stand risk of trade reversing and hitting SL.

I trade the system Bro. The difference is that I know how to avoid bad trades by watching my TradeStrength Indi

Don't Comment on my Trade if you don't want insults. PEACE OUT
In all your ways acknowledge Him and He will direct your path.
  • Post #393
  • Quote
  • Edited 12:10pm May 21, 2020 11:50am | Edited 12:10pm
Quoting sakultrader
Guys, please just keep calm But OmegaFire is true that you are using same template but absolutly different strategy.
Pls can you give me a clear example of how I'm using a different strategy. Frankly I stand to be corrected and I'm ready to learn

The mistake you keep making in your criticism is you keep assuming that Trend RSI & EMAs in lower window must leave Support or Resistance TODAY for entry to be valid. What if it left 5 days ago and never hit TOP or BOTTOM and yet candle keeps closing below and above 21EMA at several points. Does that mean I shouldn't trade? Does that invalidate an entry I make today if 21EMA confirms it and TrendStrenght is in my favour?

Everyone has his/her interpretation of a strategy. I was just trying to add another perspective to a good strategy. I've added nothing to the Template and Indicators and I'm still grateful to Alhawali and TUXTrader for such great work

For those looking for a perfect textbook PAYAPA SETUP entry

BUY GBPCAD, USDCHF Now

RSI & EMAs has just left Bottom Support lead by Orange EMA
Price closed above 21EMA on 1H candle
TrendStrenght is in favour of UP move

Cheers
In all your ways acknowledge Him and He will direct your path.
I think what OmegaFire is trying to do is provide a safer method of trading the system. There’s nothing wrong with staying safe when it comes to the market. Personally, I like to look at his charts to see his mindset, but if his posts are offensive or distracting according to OP alhalawi then the respectful thing to do is start another thread and teach from there
Guys guys guys....PLEASE...Just take a breath. I understand concerns from both sides...and I believe there is validity on both sides.
It is possible to trade the same strategy and have different takes. Sure...one will be right the other incorrect ..and that's bound to happen. If persons wish to trade the system as is, that's fine do so.
I think OmegaFire like myself and also Alawaha.....were trying to perfect the system to get higher prob trades.
So moving forward. Let's be respectful. The OP himself said, he welcomes the fine-tuning of the system, that's how Tux contributed, that's how I contributed, and how I think Omega is doing. (Omega dont let me down....let's be respectful.)

For the record. Omega raises a valid issue. Which is something OP mentioned in the very first few pages, not trading against the bigger trend. The support and resistance zones are subject to change even with a "zoom" setting if price pushes further and further in one direction. This, what are some confluences we can use to compensate?
Quoting OnAJourney
I think what OmegaFire is trying to do is provide a safer method of trading the system. There’s nothing wrong with staying safe when it comes to the market. Personally, I like to look at his charts to see his mindset, but if his posts are offensive or distracting according to OP alhalawi then the respectful thing to do is start another thread and teach from there
Unfortunately, starting another thread would be the real definition of SPAMMING because I have added nothing to the indicator and strategies provided by Alhawali and TuxTrader, and I can't copyright what I didn't own or contribute to creating. We are all here to improve the system and I'm doing my little part by adding a perspective for safer trading. But if it is not welcome, then I can keep my mouth and enjoy my pips in silence

Buy GBPCAD trade running

Question: If the trend holds like this till Tuesday or Wednesday next week and Candle Stays above 21 EMA on the 1H, will I be going against strategy if I add more lots to the current trade especially if I notice that TrendStrenght is still in my favour? Food-for-thought
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In all your ways acknowledge Him and He will direct your path.
Quoting OmegaFire
{quote} BUY GBPCAD, USDCHF Now RSI & EMAs has just left Bottom Support lead by Orange EMA Price closed above 21EMA on 1H candle TrendStrenght is in favour of UP move Cheers
Hi Omega, can you post the pictures of the chart at the time of entry. Thank you.
I believe EJ will continue down... Based on the stategy
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Quoting Winnigag
Guys guys guys....PLEASE...Just take a breath. I understand concerns from both sides...and I believe there is validity on both sides. It is possible to trade the same strategy and have different takes. Sure...one will be right the other incorrect ..and that's bound to happen. If persons wish to trade the system as is, that's fine do so. I think OmegaFire like myself and also Alawaha.....were trying to perfect the system to get higher prob trades. So moving forward. Let's be respectful. The OP himself said, he welcomes the fine-tuning of the system,...
You just nailed it Winnigag. MUCH RESPECT Sir

Look at AU, NU, NJ, EU, EJ right now. These were what looked liked a perfect textbook SELL setup two hours ago, but I cautioned against taking them because TrendStrenght Was still UpTrend and anyone taking a SELL could get SL hit.

All I'm doing is finding a way to filter out potentially unprofitable trades and make the system better.

still on BUY GBPCAD
In all your ways acknowledge Him and He will direct your path.
Quoting haamidfx
{quote} Hi Omega, can you post the pictures of the chart at the time of entry. Thank you.
See my post just before your own (scroll one post upwards above your own pls)

Meanwhile see chart showing current situation: Good time to jump in on break of Daily R1. Going to R2 or use AutoFibo to get comfortable TP
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In all your ways acknowledge Him and He will direct your path.
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