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Trading system/methodology to share

  • #1
  • First Post: Aug 21, 2007 9:52am Aug 21, 2007 9:52am
Hello

The attachments detail my trading system/methodology that give me my edge in the forex market, and I'm happy to share them with this group.

I won't post the indicators and templates unless there is any interest shown in the subject, but am happy to do so if there is, as well as answering questions/providing guidance/posting screencaps etc... to assist in it's use via this thread.

This is great forum.

regards,

BBmac.
Attached File(s)
File Type: doc BBmac support & Resistance.doc   6 KB | 2,023 downloads
File Type: zip BBmac's Trading system & methodology.zip   25 KB | 2,211 downloads
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  • #2
  • Aug 21, 2007 10:06am Aug 21, 2007 10:06am
Quoting bbmac
Hello

The attachments detail my trading system/methodology that give me my edge in the forex market, and I'm happy to share them with this group.

I won't post the indicators and templates unless there is any interest shown in the subject, but am happy to do so if there is, as well as answering questions/providing guidance/posting screencaps etc... to assist in it's use via this thread.

This is great forum.

regards,

BBmac.
thanks 4 sharing your method
i want to say it is perfect & you describe it very clear but please put some example here or on your file
and please put indicators here
thanks
good luck
  • #3
  • Aug 21, 2007 10:12am Aug 21, 2007 10:12am
I am also interested.

Thanks
  • #4
  • Edited 12:22pm Aug 21, 2007 10:32am | Edited 12:22pm
Hello

Well it doesn't get any more recent than this, The 1503pm gmt (1703pm on chart) Reversal type C. (see the notes re set-up decsription in the manual)

The 5min chart was showing rangy conditions making a lower high at 9865 and the higher low at 9785, and MNI were suggesting offers in the 9835-50 region, being the former support trend line from October 2006.

The Reversal Type C set-up perfectly to give a 9831 bid entry.
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I will zip the indicators and templates up and post them later, will also post some examle screenshots of the set-ups (as below,) depending on the interest.
regards,

BBmac.
Attached Image (click to enlarge)
Click to Enlarge Name: reversal type c.jpg Size: 137 KB
ex member
  • #5
  • Edited 2:09pm Aug 21, 2007 1:23pm | Edited 2:09pm
Hello

Attached in the zip files are the templates. Remember you actually only need the primary templates of the 1 5 and 30min main charts. With all the main charts there is a choice of an rsi or cci template and this refers to the '3rd' oscillator in use.

It is my personal preference to refer to the secondary 1hr+ main charts occassionally, and indeed to the supporting 'small charts' for the primary time frames of 1 and 5min.

Although my preference is 1 5 and 30min charts, you can use any combination of time frames like for eg; 15m 1hr and 4hr. Of course stop sizes and tragets would have to be adjusted accordingly and the document attached in post 1 makes the assumption that 1 5 and 30min are being used in respect of stops etc...

bbmac
Attached File(s)
File Type: zip templates.zip   32 KB | 859 downloads
ex member
  • #6
  • Aug 21, 2007 3:26pm Aug 21, 2007 3:26pm
Quoting bbmac
Hello

Attached in the zip files are the templates. Remember you actually only need the primary templates of the 1 5 and 30min main charts. With all the main charts there is a choice of an rsi or cci template and this refers to the '3rd' oscillator in use.

It is my personal preference to refer to the secondary 1hr+ main charts occassionally, and indeed to the supporting 'small charts' for the primary time frames of 1 and 5min.

Although my preference is 1 5 and 30min charts, you can use any combination of time frames like for eg; 15m 1hr and 4hr. Of course stop sizes and tragets would have to be adjusted accordingly and the document attached in post 1 makes the assumption that 1 5 and 30min are being used in respect of stops etc...

bbmac
bbmac many thanks 2 U
If it is possible for you please put Example in your document for better understanding
for example in document for reversal type 1 put chart and example in BBmac’s Day Trading System/ Methodology.Doc

many thanks for your great system
best regards
  • #7
  • Aug 22, 2007 7:06am Aug 22, 2007 7:06am
Hello

919: I'll post some more previous examples later on the thread and periodically if there is sufficient interest.

Meanwhile, a very recent example is the screencap taken below of today's 1130am gmt, (1330pm cet) Reversal A (ii) seq set-up.

Yesterday's Daily Hi, Dly R1 pivot, the Wkly pivot, monday's Hi and 6th June lo were all in the 9900-10 area and mni confirmed offers lay there 9900-10.

Remember that the set-up was a 'seq' set-up refrerring to the pattern of divergence on this trigger chart being regular sequential as opposed to regular immediate. Further confirmations came froma 5min Reversal Extreme (ii) set-up and breeches of the 5 and 15min fib tunnels, channels and donchian channels on the 'small charts.'

Will see what the level of interest in this thread is now before posting again.

bbmac.

ps: have had to zip the screenshot up as it kept getting rejected when trying to attach.
Attached File(s)
File Type: zip reversal a (ii) seq.zip   31 KB | 819 downloads
ex member
  • #8
  • Aug 22, 2007 8:54am Aug 22, 2007 8:54am
I am interested in this method,keep it coming. So are there additional indicators that will be posted or are the templates it?
  • #9
  • Aug 22, 2007 8:57am Aug 22, 2007 8:57am
Hi

Here is the 1336pm gmt (1536pm cet) Reversal Extreme example today.

We knew (as discussed in post above) that there was resistance at the 9900-10 area, and now price makes an extreme on the 1min trigger chart with a lower high on the 5min to give a 9890bid entry on that hanging man candle confirm.

Notice too how price had exceeded the extreme 161.8 resistance channel (wide red dotted) and on the 1min 'small chart' there had been a breech too of the fib tunnel and donchian channel. Although not shown here furtrher entry confirmations came from the 5 and 15min small charts that showed a breech of the fib tunnels and fib channels on each.

Prior to this set-up at 1315pm gmt (1515pm cet) there was a reversal A sequential with a 5min Reentry type 2 at the RBS area (resistance becomes support) of the broken highs of 9855/58 area.
Attached Images
ex member
  • #10
  • Aug 22, 2007 10:06am Aug 22, 2007 10:06am
Hi

if you've done your support/resistance map today, you'll know that although gbpusd exceeded the offers reported at 9900-10 discussed in the posts above, to make a new daily high,....the 50% fib of the yearly lo-hi [ 9181-0652 ] is at 9915 area, where the minor pivot of Dly FR3 also resides.

Next band of resistance lies @ 9935/55 area and includes 2 x fibs, fridays high as well as 26 june and 26 april highs. 9936 is also a 4hr swing high that so far has failed to take out the last 4hr swing low of 9651.

Mni are suggesting that offers are 'sprinkled' between 9900/10 to this next band of resistance, but that this is potentially a stronger level of resistance.
ex member
  • #11
  • Aug 22, 2007 10:13am Aug 22, 2007 10:13am
re above post, note too how price landed in the first daily 'Fib Resistance Zone'...see screencap (FRZ1) at the resistance discussed above, to further add to the confluence of reasons at any set-up.

There is clearly resistance there and although price is up 112 pips off today's low this is still below the 20day average of 158pips daily range, with the 5 and 10 day moving averages being greater than this at 163 and 170 respectively. This recovery trend will certainly look better with any break of that last 4hr swing hi referred to above. A failure to break above it will see price continue back into this 9651-9936 congestion on the 1hr/4hr chart.

bbmac.
Attached Image (click to enlarge)
Click to Enlarge Name: fs and fr zones.jpg Size: 43 KB
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  • #12
  • Aug 23, 2007 3:37am Aug 23, 2007 3:37am
Hello

Well despite 575 views of this thread to dats and 341 downloads of the attatchments I placed here, (to date) there is very little feedback/discussion of the trading system/methodology.

I'll make the working assumption that either everyone is ok with it, or that there is insufficient interest in it as a trading edge/methodology. Whatever the case, I am glad to have been able to share iwhat is my trading edge.

I will now discontinue posting to this thread. Please pm me if you require any further info.

bbmac.
ex member
  • #13
  • Last Post: Aug 23, 2007 2:17pm Aug 23, 2007 2:17pm
I know I was waiting for your indicators to be posted as was stated in post 8/21. I have looked through your documents and seen your screen caps here but cant reproduce it on my screen. When I can duplicate it I can discuss it.
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