bringin sexy back - stochastics | Page 74 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Make Trading Sexy 174 replies

Bringing The Sexy Back To CCI 15 replies

The sexy stochastic indicator 19 replies

Attachments: bringin sexy back - stochastics
Exit Attachments

bringin sexy back - stochastics

  • #1,461
  • Nov 4, 2007 2:24am Nov 4, 2007 2:24am
Hi everyone, i use pivot and this system (bring in sexy) in my trade.. so far so good, i think we can use pivot actually monthly pivot... first thumb up (sell)i got + 9 pips, and second thumbs up(buy limit at monthly pivot) i got +40 pips, based on stochs and pivot...
Attached Image
Logic Wins; Impulse Kills.
  • #1,462
  • Nov 4, 2007 12:07pm Nov 4, 2007 12:07pm
Quoting sai_saphire
Hi everyone, i use pivot and this system (bring in sexy) in my trade.. so far so good, i think we can use pivot actually monthly pivot... first thumb up (sell)i got + 9 pips, and second thumbs up(buy limit at monthly pivot) i got +40 pips, based on stochs and pivot...
Too many indicators dude... Simplification is the key
  • #1,463
  • Nov 4, 2007 9:43pm Nov 4, 2007 9:43pm
  •  bonzdoc
  • | Joined Jun 2007 | Status: Mountain Man & Beach Bum All In One | 41 Posts
This looks like an interesting strategy and I look forward to following it more closely.
"If your mind can see it and believe it you can achieve it."
  • #1,464
  • Nov 5, 2007 5:29am Nov 5, 2007 5:29am
I caught the start of the London open today and grabbed 20 pips in as many minutes on the EUR/JPY 30 minute chart. I wasnt planning on trading because I had to go out. The move continued and another signal was given while I was out. That is the good thing about this system, all the analysis is done for you by the indicator and so it is possible to enter a position very quickly without hours of analysis searching for a trade. I think these were ideal set ups and I am trying to limit myself to only these. Any thoughts on the set ups appreciated
BTW - I am upto page 75 of the thread so I should finish in the next day or so
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Spot.png Size: 21 KB
BTC Return This Year: na
  • #1,465
  • Nov 5, 2007 9:00am Nov 5, 2007 9:00am
I had a much bigger target on this GBP/USD short later in the same session but it was taking too long and was starting to show signs of reversing so I took 10 pips for an even 30 pips for the day - thats a nice start to the week
p.s note the earlier signals which would have captured the big moves
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Spot3.PNG Size: 26 KB
BTC Return This Year: na
  • #1,466
  • Nov 5, 2007 1:04pm Nov 5, 2007 1:04pm
Just wanted to say thanks to boxingislife for posting this system. I have been trading my demo account with sexy back for a month with outstanding results and today I just closed my first live trade which was a short on the GBP/JPY and made 29 pips. After years of trading the stock market this was also my first ever live forex trade. This is the ONLY Forex system that I have tried that is consistent. Im not saying that others things dont work but this system fits my trading style perfectly. Thanks again
  • #1,467
  • Nov 5, 2007 4:02pm Nov 5, 2007 4:02pm
This is a study I think everyone should read who is using this sort of method. It will improve your results. It's somewhat based on the same idea as the sexy stoch.

http://www.journal.au.edu/abac_journ...01/refined.pdf
  • #1,468
  • Nov 5, 2007 11:15pm Nov 5, 2007 11:15pm
my setup..for what it is worth
Attached Image (click to enlarge)
Click to Enlarge Name: setup.jpg Size: 164 KB
  • #1,469
  • Nov 6, 2007 10:13am Nov 6, 2007 10:13am
mrjtdude

using ticks is great. sadly most people dont have access to them coz most brokers dont offer charts with tick charts unless its tradestation or a few others but ull do great with ticks

try using higher

my setup is usually 150/350/750 ticks
worked great for me
was banking almost every move on the gbpjpy when i had time to daytrade
  • #1,470
  • Nov 7, 2007 8:24am Nov 7, 2007 8:24am
Melpheos or anyone,

Have you ever tried to use candle stick patterns to maybe select the time frame to look at the stoch's to trade from?

I have been working on this and so far am seeing great potential as the candle types tell the time frame to look at and the next time frame lower.

traden
  • #1,471
  • Nov 7, 2007 12:59pm Nov 7, 2007 12:59pm
Quoting traden4x
Melpheos or anyone,

Have you ever tried to use candle stick patterns to maybe select the time frame to look at the stoch's to trade from?

I have been working on this and so far am seeing great potential as the candle types tell the time frame to look at and the next time frame lower.

traden
I'm not a big supporter of candle stick patterns as they are more surely wrong than right for my point of view.

But can you elaborate the time frame part ?
  • #1,472
  • Nov 7, 2007 1:01pm Nov 7, 2007 1:01pm
I've been doing candles from the 15, 30, 60, and some 240 min charts. I have been modifying the candle formulas from what is normally used for daily charts that have a period of time that they are closed and cause gaps.
  • #1,473
  • Nov 7, 2007 7:44pm Nov 7, 2007 7:44pm
With the volatility of this pair, I've been trying to figure what is the best time frame to trade. My preliminary conclusion is H1 and be very patient. Does anyone have any opinions for this pair with this approach. Two very nice trades in the past two days - the first long and the second short with very little heat on each trade.
Cheers,
CanuckCT
Attached Image (click to enlarge)
Click to Enlarge Name: gbyjpy h1.gif Size: 21 KB
  • #1,474
  • Edited 2:15pm Nov 9, 2007 2:04pm | Edited 2:15pm
Hi Sexies
my 700 pip trade call on the DOW reached its target yesterday. I got out at +40 lol. EUR/JPY had not followed so I thought mayby it still might and went looking for shorts. I happened to catch this signal. I was hesitant at first but as price had broken the central pivot and the trendline broke early in the entry candle, I had to get in. Managed to hold on for 180 pips in 1.5 hours.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Spot2.PNG Size: 25 KB
BTC Return This Year: na
  • #1,475
  • Nov 9, 2007 2:15pm Nov 9, 2007 2:15pm
Some nice moves on several. Here is the setup I was working with last night and had the signals short for G/Y, E/Y, U/Y. Part of the signals came from several TF's and a combination of stoch's and candle patterns.

traden
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gy 11.9 15.00gmt 240min.gif Size: 38 KB
Click to Enlarge Name: gy 11.9 next stop 240min.gif Size: 30 KB
  • #1,476
  • Nov 10, 2007 7:13am Nov 10, 2007 7:13am
Quoting traden4x
Some nice moves on several. Here is the setup I was working with last night and had the signals short for G/Y, E/Y, U/Y. Part of the signals came from several TF's and a combination of stoch's and candle patterns.

traden

This is what i want to see for a long time ago.. candle patterns and stoch's, very nice job.. and i think you have found the best time frame to use the candle pattern.., or there is another good time frame to use the candle pattern? Since i learn about the candle patterns.. i never found the best pair and time frame to use this method... this nice method.. simply and good for eyes.. thanks..
Logic Wins; Impulse Kills.
  • #1,477
  • Nov 11, 2007 1:15pm Nov 11, 2007 1:15pm
Candle sticks are good and I've come to like them very much. If you are interested in a MT4 indicator for this and are willing to help in the testing, candle analysis and indicator improvement then read on.

For those that are interested, I'm creating a word doc about the testing and I will email it to those that respond to me in private. It describes the testing, research and other information relevant to learning about candle sticks patterns. From this several methods can be used for candle confirmation and trading of these patterns. The document will define what needs to be done to evaluate the candle patterns and reporting of those findings. The ultimate goal will be the creation of a better candle stick indicator from which to trade from and a method to trade those candle stick patterns. For those that are interested in this and that haven't already contacted me, please email me directly so I can get you additional information.

For those that do join in this effort, I will be setting up a private area in another forum for the purpose of sharing screen pics of conditions, proposed additional filters or filtering of current conditions, possible addition of other candle types or patterns that are not currently in the indicator that may need to be added. All of this can then be reviewed by those that are sharing in the effort.

traden4x at gmail dot com

Thanks,
traden4x
  • #1,478
  • Nov 13, 2007 3:16am Nov 13, 2007 3:16am
Hi Sexies
I promised myself I wouldnt trade today after the last two days of carry unwind madness has left me a little exhausted but over 400 pips better off. "If you trade tonight ( London open starts at 7.00 pm for me) you will lose" I told myself. I still dont have a proper handle on that discipline thing and bagged another 60 pips after taking this 2:1 risk reward set up on the 5 minute chart.

price fails to hold above R1 pivot
makes two lower highs
sexyxtoch signal
breaks short term trendline
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Spot3.PNG Size: 25 KB
BTC Return This Year: na
  • #1,479
  • Nov 13, 2007 2:32pm Nov 13, 2007 2:32pm
do you think technical analysis really works? i think technical analysis is pure voodoo now....i think what does work is common sense in fundamentals. the two people i think are brilliant in this is jim rogers and marc faber...i know few who have gotten rich over technical analysis but many who have become rich using fundamentals....people like technicals cause they think the past can affect the future...history of markets is a good place to start for this but only in fundamentals...
  • #1,480
  • Nov 13, 2007 2:37pm Nov 13, 2007 2:37pm
you know why fund managers can't beat the s&p 500 ....because they're sheep...and sheep get slaughtered...you are either inside or or your outside
2 traders viewing now