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Would it be too much trouble to pay me back my $20,000, my sexy darling? 646 replies

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bringin sexy back - stochastics

  • #1,321
  • Edited 8:57am Aug 5, 2007 8:39am | Edited 8:57am
Quoting ubaidahsan
one thins is confusing me..please help me and correct it

i am watching charts since last 6 hours continue and taking positions when both 50, and 20 crossing 50 or reaching up but noticing one thing that 50,20 is still up and going to crossing 80 and reaching near 80 but if 5,3,3 going down so trend is going down but 50,20 is moving slow but trend is going down fast and coming up fast so what is it please make it clear and easy for me and tell me when i can take position??i understand one thing that
first wait when trend goes down and then pull back slowly then take position but what i do for down and which one will be better M1,M5,H1??because in H1 moving slow and any other fast but in all charts views look is different please advice

regards,

Ubaid
As i said several time earlier : focus on 1 TF and confirm with higher. Do not look at faster than M15 at your knowledge level.

Look all the screenshot taken by boxingislife, other and me and see if you can find the same setup than ours.

Use backdata and use F12 to progress 1 candle by one candle.

Do not fight the trend...

And if i could explain why the price move this way or that way, i think i would be on my yatch in the Caribbean islands ^^
  • #1,322
  • Aug 7, 2007 7:17pm Aug 7, 2007 7:17pm
Doesn't this chart look just awesome ?
Attached Image
  • #1,323
  • Aug 8, 2007 3:16am Aug 8, 2007 3:16am
Here is a setup using 1min charts. I know that isn't done or shown much here but I've traded stoch's for a long time and like the approach that has been shown here. I have some ideas for alerts for this system and will look to be sharing in hopes one of the programmers can maybe help out.

traden4x
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 8.08.07 11.00gmt.jpg Size: 68 KB
  • #1,324
  • Edited 5:51am Aug 8, 2007 3:37am | Edited 5:51am
Here is an example of candle stick patterns with alerts and confirmation with stoch's slingshots.

edit: there you go melpheos, the 2 in a zip
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.8.08.07 trade example.jpg Size: 73 KB
Attached File(s)
File Type: zip stoch examples.zip   754 KB | 785 downloads
  • #1,325
  • Edited 5:09am Aug 8, 2007 4:36am | Edited 5:09am
Here is an idea for an indicator alert and possibly to plot labels or arrows on the chart when this condition occurs. The arrows would allow for back testing research of this condition.

This indicator would check multiple time frames or multiple stoch values for the same time frame if desired. This can all be controlled by the user.

I have attached another stoch cross indicator that I have added the stoch values and inputs for this. Look at the user inputs and comments after them and it should be self explanatory. The alert WILL NOT work as I only did the needed inputs for this alert and not the coded logic.

I would make the indicator so that it displays the arrows in the separate chart window so that if you have 2 separate stoch window, you can drag an alert to one window and a second stoch alert to the second stoch window to compare the alerts for different stoch settings.

Anyone interested that could help program this?

traden4x
Attached File(s)
File Type: mq4 StochCrossAlert_MTF.mq4   6 KB | 776 downloads
  • #1,326
  • Edited 1:54pm Aug 8, 2007 5:36am | Edited 1:54pm
Thanks for the add on, i will have a look into it but according to the screenshots i'm not sure are they are not really clear and i can't see what stoch they are showing (i think it's MTF stoch)

Could you post the picture in a zip file ?

edit : honestly i'm not sure about the improvement... I have difficulties to see how it is related to the sexystoch system... The rules seems completly different to me
  • #1,327
  • Edited 4:04pm Aug 8, 2007 3:15pm | Edited 4:04pm
I bailed @ .75 but i'm back in @ .22, honestly what do you think will happen

Closed @ .84 i wait for a pull back now
Attached Image
  • #1,328
  • Aug 8, 2007 3:31pm Aug 8, 2007 3:31pm
Quoting melpheos
Thanks for the add on, i will have a look into it but according to the screenshots i'm not sure are they are not really clear and i can't see what stoch they are showing (i think it's MTF stoch)

Could you post the picture in a zip file ?

edit : honestly i'm not sure about the improvement... I have difficulties to see how it is related to the sexystoch system... The rules seems completly different to me
well i am much confused and tensed today..
as per all of you instructions i started trading in demo account and
after hard working in just 2 weeks i got understand it and last week i deposit 100$ in my demo account and in 5 days i turn it into 290$ and i was happy that i am understanding the system..

so now before 3 days i put 100$ in live account and in one day i made 150$ i was more excited but yesterday i checked everything and start trading but my bad luck signals was not good and it went down and i closed it in loss but i was in profit but today i start agian trade before asian time iin US time and made 2-3 good trade and after that i take aud/usd it was good setup and i was thinking that soon it will b hit a target but dunno how ..trend was still up i mean 20,10,20 50,20,10 was still l up and 5,3,3, went down very quick and auto close position and i lost all amount

but now i want to know that how much balance req to do trade in small pairs i mean how much balance i need to do trade if i take any position so how much balance req to left in balance to cover loss/profit please let me know and again guide me now what i need to do?

because demo and live account both are totally different..

please advice me i am trading in M15 chart..please advice me..how do i need to do setup and work on it i will invest again but in the end of month but now need all of you guidelines

Ubaidahsan
  • #1,329
  • Edited 4:47pm Aug 8, 2007 4:15pm | Edited 4:47pm
Quoting ubaidahsan

so now before 3 days i put 100$ in live account and in one day i made 150$ i was more excited but yesterday i checked everything and start trading but my bad luck signals was not good and it went down and i closed it in loss but i was in profit but today i start agian trade before asian time iin US time and made 2-3 good trade and after that i take aud/usd it was good setup and i was thinking that soon it will b hit a target but dunno how ..trend was still up i mean 20,10,20 50,20,10 was still l up and 5,3,3, went down very quick and auto close position and i lost all amount

Ubaidahsan
Sorry to hear that...

What position did you took on aud/usd ? What time frame did you look at ? Post a screenshot please.

Also, if you got margin called it's because you used a position bigger than what your account could handle and you did not put a stop loss (or a stop loss exceding your margin level)

My account is now >4000$ (started from 2500 $ ) and i'm still trading .1*2 or .1*3 position maximum...

Edit : for the audusd i dont see how you could have been margin called even with .1 lot because the worse that could have happen (according to your description) is a 22 pips drop... so that would have been 22$ loss nothing to be afraid of so i think you traded more than .1 am i wrong ?

There is something i can garantee you, if you trade position bigger than what you can handle on a real account, if you trade more position that what you can handle, you will have your butt kicked. You might got lucky but it's unlikely... with a 100$ account you MUST trade .01 lots.
  • #1,330
  • Edited 2:45pm Aug 9, 2007 2:01pm | Edited 2:45pm
Quoting melpheos
Sorry to hear that...

What position did you took on aud/usd ? What time frame did you look at ? Post a screenshot please.

Also, if you got margin called it's because you used a position bigger than what your account could handle and you did not put a stop loss (or a stop loss exceding your margin level)

My account is now >4000$ (started from 2500 $ ) and i'm still trading .1*2 or .1*3 position maximum...

Edit : for the audusd i dont see how you could have been margin called even with .1 lot because the worse that could have happen (according to your description) is a 22 pips drop... so that would have been 22$ loss nothing to be afraid of so i think you traded more than .1 am i wrong ?

There is something i can garantee you, if you trade position bigger than what you can handle on a real account, if you trade more position that what you can handle, you will have your butt kicked. You might got lucky but it's unlikely... with a 100$ account you MUST trade .01 lots.


I was trading at 2:00 pm GMT and I didn’t put stop loss there because I know in this strategy price went up and then down or went down and then up that’s why I didn’t put it and I was checking h1 and M15 both and confirming my position via h1.and i did trade with 0.10 not more and i was also surprise that how it happened...


In fxegypt you can trade with min .10 lot and my leverage was also 1:500 I think that’s why I got that loss but now In demo account it is going good and as I was trading in live so in demo I am also doing the same and in live you can think was trading with all confirmations suddenly price went down and I was surprise that suddenly my position closed. now I want to know few things that how can I get the range of currency and how do I know that how much it will up or down daily please let me know and tell me how can I safe from losses I will try live again but when you will suggest now again good day in demo but please advice me again I am reading this thread again and again but now need your suggestions that how can I go on. Please tell me when I can do trade and when I can’t?and tell me in which currencies i can do trade in asian time and in which currencies i can trade in US time and please tell me the pairs which i can use in my trades with low amount..and with small account....

Regards,

Ubaid
  • #1,331
  • Aug 9, 2007 2:21pm Aug 9, 2007 2:21pm
Quoting ubaidahsan
I was trading at 2:00 pm GMT and I didn’t put stop loss there because I know in this strategy price went up and then down or went down and then up that’s why I didn’t put it and I was checking h1 and M15 both and confirming my position via h1.and i did trade with 0.10 not more and i was also surprise that how it happened...


In fxegypt you can trade with min .10 lot and my leverage was also 1:500 I think that’s why I got that loss but now In demo account it is going good and as I was trading in live so in demo I am also doing the same and in live you can think was trading with all confirmations suddenly price went down and I was surprise that suddenly my position closed. now I want to know few things that how can I get the range of currency and how do I know that how much it will up or down daily please let me know and tell me how can I safe from losses I will try live again but when you will suggest now again good day in demo but please advice me again I am reading this thread again and again but now need your suggestions that how can I go on. Please tell me when I can do trade and when I can’t?

Regards,

Ubaid
3 helpful hints when trading live:

1. ALWAYS use a stoploss. set it for what your risk tolerance is.
2. Use a Trailing Stop. This will help you lock in profits just in case you miss when the market goes against your trade.
3. Never risk more that 20% available equity, not balance. Some brokers will only give you half of your balance as available equity. Don't know why, but some do. I had one like that and I dropped them fast.
  • #1,332
  • Aug 14, 2007 11:58pm Aug 14, 2007 11:58pm
I have been looking at the 4hr strategy by Phillip Nel at http://www.forexfactory.com/showthread.php?t=14630 and I suggest it is a good system for exit to combine with sexy.
I noted earlier folk were discussing the idea of finding a good exit strategy, and looking at Phillip's system has some advantages on the exit, as in many cases, it signals to keep in the trade to collect those extra pips before the reversal.
Sexy tends to give an earlier entry signal, and his system tends to give a later exit signal. A comparison backtest would be in order to see if my hunch is correct, but merely from a cursory perusal of the charts lends me to this conclusion.
Any other comments on this?
Frank
FrankieB
  • #1,333
  • Aug 22, 2007 1:34pm Aug 22, 2007 1:34pm
Got some pips (around 60) today 6 trades : 5 winners and one loser (closed one winning trades too fast, waiting would have made 130 pips instead of ..... 5 :-/ Bloody fear )

Playing on GBPYEN alone would have rounded you around 300 pips if you take into account that's it's allways difficult to exit at the right time on this pair)

See attached screenshot

If you see a signal that i have missed for today, tell and i'll see if it is valid or not

edit : those are not the trade i took btw and i just figured that i missed one bad trade at the end of the 3rd blue box
Attached File(s)
File Type: zip temp6.zip   48 KB | 647 downloads
  • #1,334
  • Aug 23, 2007 9:59am Aug 23, 2007 9:59am
Again a lot of opportunities today. On GBPYEN, every time frame gave a perfect signal during the 400 pips up move.

Unfortunately and as usual, i was at a customer office and could not trade the move
  • #1,335
  • Aug 23, 2007 3:15pm Aug 23, 2007 3:15pm
lots of trades on the 4h
almost all pairs are showing good trades right now
take em
each if they work out good for at least 75-100 pips
dont forget ur stops
  • #1,336
  • Aug 23, 2007 10:39pm Aug 23, 2007 10:39pm
Hi guys, I can't get the indicator to look right on VT Trader. Anybody has this indicator available on VT Trader? Would appreciate it.

I plot all 3 slow stochs, applied to close, MA type is simple but it doesnt look right. Can somebody let me know what I'm doing wrong.

thanks,
  • #1,337
  • Aug 24, 2007 1:02am Aug 24, 2007 1:02am
Quoting ramrocket
Hi guys, I can't get the indicator to look right on VT Trader. Anybody has this indicator available on VT Trader? Would appreciate it.

I plot all 3 slow stochs, applied to close, MA type is simple but it doesnt look right. Can somebody let me know what I'm doing wrong.

thanks,
screenshot ?
  • #1,338
  • Aug 24, 2007 2:48am Aug 24, 2007 2:48am
yea , there is plenty possibilites to trade with very nice pips
i took trades on 4 pairs yesterday
it give me 1200+ pips in a few hours on 4 pairs
setups were really good
  • #1,339
  • Aug 24, 2007 3:46am Aug 24, 2007 3:46am
Quoting melpheos
screenshot ?
Melpheos, can you tell me if I have the stochs correctly configured on gbp/jpy 4h?

blue = 20
red = 50
rose = 5

Show me what your gbp/jpy 4h looks like?

thanks,
Attached Image
  • #1,340
  • Aug 24, 2007 3:59am Aug 24, 2007 3:59am
Looks OK to me

This is my setup, only difference is that is use 20/1/10 50/1/10 and 3/1/3.
Attached Image (click to enlarge)
Click to Enlarge Name: gy.jpg Size: 46 KB
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