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Supernova GBP/JPY Mini Trend Catcher

  • #2,021
  • Oct 23, 2007 1:42am Oct 23, 2007 1:42am
just pm you

Quoting awesome792
I'm long on GBP/JPY +43 pips at this time. Many Many Many PIPs to you and everyone!

Happy Trading and Gopd Bless!
  • #2,022
  • Oct 23, 2007 1:44am Oct 23, 2007 1:44am
Hmm quick reversal - just got out with 20 pips
  • #2,023
  • Oct 23, 2007 1:45am Oct 23, 2007 1:45am
My charts tell me that the market opened under the daily pivot line (sell day). The Kumo Told me to get out at 233.89. I should have got out at 233.89 because I got stopped at +23 pips.

Quoting Nofx
Me too! Good luck all!

NOFX
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot003.jpg Size: 163 KB
  • #2,024
  • Oct 23, 2007 1:54am Oct 23, 2007 1:54am
Well I haven't checked out that Kumo yet - maybe I should. I just knew to get out. LOL! But seriously what I did was to enter with 2 lots and bring my stop to BE at + 20 pips after I took profit on one. I think I will look into that Ichimoku though - always looked confusing to me - like the Rainbow - but will have to check it out.

Good trading!

NOFX
  • #2,025
  • Oct 23, 2007 1:58am Oct 23, 2007 1:58am
Hey, were off to a good start +20pips in less than 1 hour!! Yes! I plan on trading with two lots like your doing probably in 2 months time. Good morning by the way!!

Quoting Nofx
Well I haven't checked out that Kumo yet - maybe I should. I just knew to get out. LOL! But seriously what I did was to enter with 2 lots and bring my stop to BE at + 20 pips after I took profit on one. I think I will look into that Ichimoku though - always looked confusing to me - like the Rainbow - but will have to check it out.

Good trading!

NOFX
  • #2,026
  • Oct 23, 2007 2:16am Oct 23, 2007 2:16am
Quoting awesome792
My charts tell me that the market opened under the daily pivot line (sell day). The Kumo Told me to get out at 233.89. I should have got out at 233.89 because I got stopped at +23 pips.
hi Awesome..

what is your kumo setting.. and how to use kumo..
thankyou.. ^_^
  • #2,027
  • Oct 23, 2007 2:17am Oct 23, 2007 2:17am
Quoting awesome792
Hey, were off to a good start +20pips in less than 1 hour!! Yes! I plan on trading with two lots like your doing probably in 2 months time. Good morning by the way!!

Good morning to you too! Ya good start but more to come I think. I have no idea what lot size you trade (and it doesn't matter) but a lot of brokers will let you close out half a position. I'm sure you prolly know that - just sayin. Someday you need to tell me about Kumo - sounds like a Japanese wrestler! I will check it out though

NOFX
  • #2,028
  • Oct 23, 2007 2:26am Oct 23, 2007 2:26am
My KUMO setting is 7,22,44

Quoting firranto07
hi Awesome..

what is your kumo setting.. and how to use kumo..
thankyou.. ^_^
  • #2,029
  • Oct 23, 2007 2:35am Oct 23, 2007 2:35am
How to use the KUMO coming up!!!

Quoting firranto07
hi Awesome..

what is your kumo setting.. and how to use kumo..
thankyou.. ^_^
  • #2,030
  • Oct 23, 2007 3:00am Oct 23, 2007 3:00am
Hi,

(if you don't feel like reading this whole post, skip to the end for updated indicators with alerts - for people trading this system manually)

This is a great system. I'm using my own variation, with Juice indicator as a filter, and using Parabolic S+R for exits.

I won't trade this using an EA since I will never use an MT4 broker, but once EFX have their auto-trading system up and running then I may switch to an EA, until then I am trading my system manually.

After the QQE cross, I am often waiting for DMI or MomentumVT or Juice to 'catch up', since I always wait for all indicators to agree before entering the trade (I find that early entries often end as losses).

So, I paid a programmer to add alerts to DMI and MomentumVT and Juice, and I am sharing these updated indicators here. The alerts for DMI and MomentumVT are obvious (whenever they cross), the alert for Juice is a little more complex - I don't always wait for it to fully reach the line, so the alert has a 'proximity' value, with the default 0.95 - that means when the green 'Juice' line comes within 95% of the orange horizontal line then the alert will activate, if you change the 'proximity' value to 1 then the alert will only occur when the green line fully reaches the orange line.

Obviously, you don't want all these alerts on all the time. Just switch them on individually when you are waiting for a single indicator to line up with the others.

Hope this helps!

Good trading,
Jin.
Attached File(s)
File Type: mq4 DMI alert.mq4   6 KB | 524 downloads
File Type: mq4 MomentumVT alert.mq4   2 KB | 479 downloads
File Type: mq4 Juice v1.2 alert.mq4   3 KB | 454 downloads
  • #2,031
  • Oct 23, 2007 3:15am Oct 23, 2007 3:15am
Here's the chart!! I was at +36 pips and then the market hit my stop at +20 pips = +40 pips so far for today.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot004.jpg Size: 164 KB
  • #2,032
  • Oct 23, 2007 3:47am Oct 23, 2007 3:47am
This time would be nice if I had the E.A. (lol).My eyes keep shutting waiting for a new signal. Honestly, I don't think I can make it. I had a long day at work and I haven't been to sleep.

If I don't make it through the morning Happy Trading and God Bless.

P.S. I will post regarding how I use the KUMO later in the day. Thanks everyone for your hard work. I whether go to sleep now than fall asleep on a trade and mess my account up.
  • #2,033
  • Oct 23, 2007 3:50am Oct 23, 2007 3:50am
Quoting awesome792
This time would be nice if I had the E.A. (lol).My eyes keep shutting waiting for a new signal. Honestly, I don't think I can make it. I had a long day at work and I haven't been to sleep.

If I don't make it through the morning Happy Trading and God Bless.

P.S. I will post regarding how I use the KUMO later in the day. Thanks everyone for your hard work. I whether go to sleep now than fall asleep on a trade and mess my account up.
Nite Awesome,

God bless and say hi to Kumo. I will have to read up on that - looks like green fuzz to me. lol. Sweet dreams

NOFX
  • #2,034
  • Oct 23, 2007 4:34am Oct 23, 2007 4:34am
Quoting awesome792
My KUMO setting is 7,22,44
thanks Awesome.. for quick reply.......
  • #2,035
  • Oct 23, 2007 4:43am Oct 23, 2007 4:43am
Quoting Nofx
Nite Awesome,

God bless and say hi to Kumo. I will have to read up on that - looks like green fuzz to me. lol. Sweet dreams

NOFX
Hallo Nofx!

Apart from Kharvell's thread about the Kumo here in FF there is this WIKI about it, that is easier to read: http://www.kumotrader.com/ichimoku_w...itle=Main_Page

Afterwards you may want to look into Kharvell's thread and I guess the miracle becomes less "cloudy"!

I honestly doubt that one should deviate from the initial setting of Hosoda San at 9, 26, 52. Especially as in Forex we have no need to adapt to a normal working week and we are not looking at a stockmarket with real markethours.

But Kharvell propells the other setting and in the end you may have another close to real picture of the future markets due to that also!

Have fun with it! It is a great concept and I guess it is very good to re-check exits.

Ciao
Gnat
  • #2,036
  • Oct 23, 2007 7:40am Oct 23, 2007 7:40am
Wow thanks Jin!! These will come in useful

Quoting Jin
Hi,

(if you don't feel like reading this whole post, skip to the end for updated indicators with alerts - for people trading this system manually)

This is a great system. I'm using my own variation, with Juice indicator as a filter, and using Parabolic S+R for exits.

I won't trade this using an EA since I will never use an MT4 broker, but once EFX have their auto-trading system up and running then I may switch to an EA, until then I am trading my system manually.

After the QQE cross, I am often waiting for DMI or MomentumVT or Juice to 'catch up', since I always wait for all indicators to agree before entering the trade (I find that early entries often end as losses).

So, I paid a programmer to add alerts to DMI and MomentumVT and Juice, and I am sharing these updated indicators here. The alerts for DMI and MomentumVT are obvious (whenever they cross), the alert for Juice is a little more complex - I don't always wait for it to fully reach the line, so the alert has a 'proximity' value, with the default 0.95 - that means when the green 'Juice' line comes within 95% of the orange horizontal line then the alert will activate, if you change the 'proximity' value to 1 then the alert will only occur when the green line fully reaches the orange line.

Obviously, you don't want all these alerts on all the time. Just switch them on individually when you are waiting for a single indicator to line up with the others.

Hope this helps!

Good trading,
Jin.
  • #2,037
  • Oct 23, 2007 7:48am Oct 23, 2007 7:48am
Quoting cryten
Wow thanks Jin!! These will come in useful
Hey Master Cryten!

Awesome took all the pips away from the market last week. So no chance for us! Lying on the beach and getting rich with her handheld... !! And I am sitting here in the rain and sleet - too stupid to be true! LOL

G'day & how's your computer?

Gnat
  • #2,038
  • Oct 23, 2007 8:31am Oct 23, 2007 8:31am
Quoting Gnat
Hey Master Cryten!

Awesome took all the pips away from the market last week. So no chance for us! Lying on the beach and getting rich with her handheld... !! And I am sitting here in the rain and sleet - too stupid to be true! LOL

G'day & how's your computer?

Gnat
hey gnatch, my pc is all good, popped the graphics card in last night so once were connected to some damn broadband will be able to fire up MT4 as well as battlefield 2
  • #2,039
  • Oct 23, 2007 8:36am Oct 23, 2007 8:36am
As for Awesome she is a star! I will probably direct any questions relating to the manual method to her!
  • #2,040
  • Oct 23, 2007 8:48am Oct 23, 2007 8:48am
Quoting Jin


I won't trade this using an EA since I will never use an MT4 broker, but once EFX have their auto-trading system up and running then I may switch to an EA, until then I am trading my system manually.
MT4 (with EA) ---connects to---> TRADEBULLET ---connects to---> MBT/EFX
WARNING: Don't follow me as I'm just learning
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