Hi
Can I get the information on the chat room where to find it please?
Oh, all have a great weekend yeah!!!!!!
Can I get the information on the chat room where to find it please?
Oh, all have a great weekend yeah!!!!!!
- #802
- Apr 27, 2007 9:03am Apr 27, 2007 9:03am
- Joined Jan 2006 | Status: gamblin wit style | 740 Posts
It blows my mind. Just when I think I understand this method totally, something will pop-up to confuse me. But I'm getting closerThis method has been so successful, I can't believe more traders aren't using it. Thanks
as long as u got the basics down ull be alright and the rest just take ur time and learn. the basic will make u money make that 99% of ur priority take care
- #804
- Apr 27, 2007 12:06pm Apr 27, 2007 12:06pm
Hi spiritbreezer,
I have a chat dedicated to traders of all the stoch systems. You can find it in Paltalk/Business and Finance/Day Trading Stocks & Bonds/Currency Trading the Charts with Stochs. It is generally open the first half of NY session, but I leave it open until the last trader leaves.
Join us Monday if you can.
pipsacker
I have a chat dedicated to traders of all the stoch systems. You can find it in Paltalk/Business and Finance/Day Trading Stocks & Bonds/Currency Trading the Charts with Stochs. It is generally open the first half of NY session, but I leave it open until the last trader leaves.
Join us Monday if you can.
pipsacker
- #809
- Apr 28, 2007 3:14am Apr 28, 2007 3:14am
- Joined Apr 2007 | Status: Evil Kraut | 2,559 Posts
First: Thanks for sharing!
Hi melpheos,
thanks for that!
Regarding your EMACrossWithAlerts: In your PDF you mention to use this MA Crossover with the parameters 1-5-0-8. But I can only apply the two parameters for the first and the second MA in your indicator. Do you use another one there?
Best regards - Xaron
I have several request for the indicator i use for this method so here are the non lag ma V5 and and EMA cross alerter
thanks for that!
Regarding your EMACrossWithAlerts: In your PDF you mention to use this MA Crossover with the parameters 1-5-0-8. But I can only apply the two parameters for the first and the second MA in your indicator. Do you use another one there?
Best regards - Xaron
- #810
- Apr 28, 2007 3:25am Apr 28, 2007 3:25am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
First: Thanks for sharing!
Hi melpheos,
thanks for that!
Regarding your EMACrossWithAlerts: In your PDF you mention to use this MA Crossover with the parameters 1-5-0-8. But I can only apply the two parameters for the first and the second MA in your indicator. Do you use another one there?
Best regards - Xaron
Here is the correct one :
- #811
- Apr 28, 2007 3:28am Apr 28, 2007 3:28am
- Joined Apr 2007 | Status: Evil Kraut | 2,559 Posts
Thank you! I just found it in an older post from you:
http://www.forexfactory.com/showpost...&postcount=651
Best regards - Xaron
I just found it in an older post from you:http://www.forexfactory.com/showpost...&postcount=651
Best regards - Xaron
- #812
- Apr 28, 2007 3:33am Apr 28, 2007 3:33am
- Joined Jan 2006 | Status: gamblin wit style | 740 Posts
Hi all, Sexy stoch gives a really good entry.. i hav no problem with thatbut need to improve in my profit taking... any suggestions from the members is truly appreciated... Thank you!!
take care
david
the easiest way to do this is get out when the 5 gets to oversold or overbought. thats very simple and straightforward.
as u gain experience ull start to know more about the pair u trade and how much it moves and how much can u aim for and things like that
it also depends on the timeframe. u cant aim for 50 pips using a signal from the 5 min chart. u might get lucky and it would be a nice move from just one signal but chances are it would either take a break every little bit and scare u or it just wont reach more than 10 or 15 pips.
basically aim depending on the timeframe ur using
but for starters i suggest u get out when the 5 gets to oversold or overbought its as simple as that and u should make really good money.
take care
- #816
- Apr 28, 2007 3:23pm Apr 28, 2007 3:23pm
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
hello everyone
i'm new with forex , i like this strategy
but i found some different results with GBP/USD ( 1H - 15M )
also with EUR/USD ( 1H - 15 M )
do i go long or short now ??
In the GBPUSD case, only the H1 is a valid signal
- #817
- Apr 28, 2007 4:38pm Apr 28, 2007 4:38pm
- Joined Jan 2006 | Status: gamblin wit style | 740 Posts
Boxingislife,
Nice setup on the above chart.
What is your favorite time frame chart that you execute most of your great trades?
T.
my absolute favorite is the 4h because its not too long term but its not too fast either it works great for a guy like me that spends most of his day at university
also the 1h is great
basically pick a timeframe that fits ur schedule. then pick one pair or 2 or a few if u can watch em all and just trade the best setups. do some visual backtesting and learn about each pairs daily range and the way it works and place ur stops accordingly. get out when the 5 gets to oversold or overbought and I GUARANTEE you that you will come out profitable every month and not less than 8-9 profitable trades out of 10
not sounding like im psychic or anything but when usdcad was at 1.17-18 and i said we got a great signal on the monthly and i was aiming for 1.10 or even 1.05.... well i wasnt kidding
lol and it just goes to show that even a very boring and long term signal on the monthly can kick some serious assimagine if u were trading just lots of 1k not even mini lots. taking every 4h and daily signal you get and basically adding on pullbacks since you know the trend is down according to the monthly chart. just imagine what kind of money you could have banked. im gonna be honest i stopped trading usdcad but i did bank about 200 or so pips trading multi lots
.sometimes those monthly signals or even weekly can be great to determine the direction for the next few hundred pips. always keep that in mind. i rarely look at em but a glance every now and then doesnt hurt at all.
look my guide, the filter will give you the answer
In the GBPUSD case, only the H1 is a valid signal
thank you melpheos
but there's some fake signals with Nonlagma and MA Crossover signal
the original method protect us from these signals
also i think the method depend on the pullbake when the trend become clear
maybe some more testing will be helpful
- #820
- Apr 29, 2007 12:46am Apr 29, 2007 12:46am
3 trades
easyyyy stuff
15 min isnt my favorite
the best one is the second trade and would have gotten an easy 50 pips
it just shows that even 1 timeframe and one pair and only picking the best signals during a week which theres at least 2-3 can bring u about 150-200 pips a month no problem at all
but why does it show "buy" on the chart?oh, my bad. this is back in time. just realized where the price was now.
Fortune always favors the brave.