Umair's Euro/usd System | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies

The System Behind the System, by Merlin Jeffries 16 replies

200 Ema system - help me build a system ! 19 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Umair's Euro/usd System
Exit Attachments

Umair's Euro/usd System

  • #61
  • Edited Nov 6, 2007 1:08am Nov 5, 2007 7:20am | Edited Nov 6, 2007 1:08am
Quoting ChowClown
...Long Umair triggered - interesting to note the Inside Candle an hour earlier, as the MACD and Stochs crossed.
Hey dont enter if it gives u even a valid signals coz news is just coming after almost half an hour but make sure that macd,s lines crosses , ssto crosses and psar dot appears below then enter but make sure ssto is not already in overbought condition...otherwise it will be a false signal or u may manage to get just 5/10 pips profit....
But see ur just posted screenshot....No condition is yet properly met
Look Just macd,s two lines have crossed each and heading towards upward but ssto is alsready is overbought region dont enter for long coz rsi also didnt yet crossed atr 20 towards upside....Just aviode to enter in a false signals...All conditions must met to enter remeber that...
  • #62
  • Nov 5, 2007 7:27am Nov 5, 2007 7:27am
Hi
Everyone if ur ready for long signals then
1) Macd lines must be crossed and heading towards upside...
2) Ssto are also crossed and heading towards upside
Important to Note!!!
SSTO may not already in a overbought regin or heading toward downside....
3) Sar dot appears below the candle then enter for long....but only watching ssto and the combination of RSI/ATR....
4)Stay away from news timing like now after half an hour news will be announced....
  • #63
  • Nov 5, 2007 8:09am Nov 5, 2007 8:09am
Quoting Umairs2004
Hi
Everyone if ur ready for long signals then
1) Macd lines must be crossed and heading towards upside...
2) Ssto are also crossed and heading towards upside
Important to Note!!!
SSTO may not already in a overbought regin or heading toward downside....
3) Sar dot appears below the candle then enter for long....but only watching ssto and the combination of RSI/ATR....
4)Stay away from news timing like now after half an hour news will be announced....
Is it necessary that we enter on the first PSAR dot? I notice that sometimes when we get our MACD cross there are already two or three SAR dots.
I hope I am clear with my question.
Thanks
  • #64
  • Nov 5, 2007 8:18am Nov 5, 2007 8:18am
Again +19 pips on euro/usd at 1-Gmt candle. Macd,s signal lines crosses each, sar dot appears below the candle for long but ssto was apporaching towards overbought region....So tht was a valid signal but only for few pips as ssto was almost at overbought...Euro/Usd gives us +19 pips before bouncing back....& its happened. Coz ssto was almost in overbought region...Look at 1-Gmt candle at 30 mints tf according to my system....
Then immediatly the next candle was just before the news and i closed my position....But this time i entered in a trade on demo as already i got
+ 17 & + 47 pips on real and that trade was a practice trade on demo....
Let see wht will happened next but im hopeful tht the pair will move up more after ssto again make its move towards upside....
  • #65
  • Nov 5, 2007 8:35am Nov 5, 2007 8:35am
Quoting billbss
Is it necessary that we enter on the first PSAR dot? I notice that sometimes when we get our MACD cross there are already two or three SAR dots.
I hope I am clear with my question.
Thanks
BillBss Ya ur right it happened most of times!!!
But only enter whn!!!
Short= when macd crosses and heading towards downside ssto have already crossed or crossed with macd,s crossing or near to cross and not in a oversold region and after all that third step is to wait for sar dot to appear above ur candle when its appears above ur candle go short but watch out for ssto it must not be in already in oversold otherwise it will be a false signal or maybe u manage to get just few pips profit like i said in my last post....and vice-versa for long...Becouse if and only if all conditions are met almost at the sametimes then pips will be yours....
And for the answer of ur question that if we have our macd crosses two/three sar dots r already there then intht condition c ssto coz if already suppose sar dots are signaling short and macd,s lines crosses and heading towards downside then c ssto it must also have to crossed with/before or near to macd crossing and must have to heading downside...but listen inthat case dont wait for long positions profit just 10/15 pips ok and vice-versa for long....
Hope u understand....Now loook at ur charts of euro/usd its heading again upside and more pips again.....
  • #66
  • Nov 5, 2007 8:43am Nov 5, 2007 8:43am
Quoting Umairs2004
BillBss Ya ur right it happened most of times!!!
But only enter whn!!!
Short= when macd crosses and heading towards downside ssto have already crossed or crossed with macd,s crossing or near to cross and not in a oversold region and after all that third step is to wait for sar dot to appear above ur candle when its appears above ur candle go short but watch out for ssto it must not be in already in oversold otherwise it will be a false signal or maybe u manage to get just few pips profit like i said in my last post....and vice-versa for long...Becouse if and only if all conditions are met almost at the sametimes then pips will be yours....
And for the answer of ur question that if we have our macd crosses two/three sar dots r already there then intht condition c ssto coz if already suppose sar dots are signaling short and macd,s lines crosses and heading towards downside then c ssto it must also have to crossed with/before or near to macd crossing and must have to heading downside...but listen inthat case dont wait for long positions profit just 10/15 pips ok and vice-versa for long....
Hope u understand....Now loook at ur charts of euro/usd its heading again upside and more pips again.....

I think I understand.
Is this correct:
I may enter several SAR dots into the trade as long as the MACD and SSTO are in the proper condition and as long as I only go for 10/15 pips?

Thank you
  • #67
  • Nov 5, 2007 8:50am Nov 5, 2007 8:50am
Quoting billbss
I think I understand.
Is this correct:
I may enter several SAR dots into the trade as long as the MACD and SSTO are in the proper condition and as long as I only go for 10/15 pips?

Thank you
Man if Already several sar dots are there and macd and ssto is in proper positin according to ur sar dots thn its ok u can enter but just for few pips...10/15 coz tht condition is not according to my rulzz but its valid coz i c tht condition lot of time but u c the histry for more detail go back to ur chart and c ur self how much ur question can fully satisfied u by given answers....
  • #68
  • Nov 5, 2007 9:02am Nov 5, 2007 9:02am
Quoting Umairs2004
Man if Already several sar dots are there and macd and ssto is in proper positin according to ur sar dots thn its ok u can enter but just for few pips...10/15 coz tht condition is not according to my rulzz but its valid coz i c tht condition lot of time but u c the histry for more detail go back to ur chart and c ur self how much ur question can fully satisfied u by given answers....
BillBss!!!
See the screenshot of my thread....see the one day back process series of sar dots were signaling long i didnt enter but then one sar dot appers on upside of candle and soon after tht macd,s ssto crossed and heading towards upside and the next sar dot was again appears below the candle and tht was a valid trade and entry and i managed to get v goood pips from there....see the screenshot of my thread carefully and see the oneday back my vaild entry long....
  • #69
  • Nov 5, 2007 9:14am Nov 5, 2007 9:14am
Quoting Umairs2004
BillBss!!!
See the screenshot of my thread....see the one day back process series of sar dots were signaling long i didnt enter but then one sar dot appers on upside of candle and soon after tht macd,s ssto crossed and heading towards upside and the next sar dot was again appears below the candle and tht was a valid trade and entry and i managed to get v goood pips from there....see the screenshot of my thread carefully and see the oneday back my vaild entry long....
Yes. i see that.

Thanks again
  • #70
  • Nov 5, 2007 9:46am Nov 5, 2007 9:46am
Quoting billbss
Here is a MACD with the lines.
Thank you and I appreciate it. I will try to attach it to my MT4.
  • #71
  • Edited 11:13pm Nov 5, 2007 10:59pm | Edited 11:13pm
Hello everybody!!!
I just got +67 pips today on Gbd/Jpy..+22 on real and +45 on demo Look at the 30 mints chart according to my system....
I didnt make any entry yet today on Euro/Usd coz no codition is met yet....
  • #72
  • Nov 5, 2007 11:31pm Nov 5, 2007 11:31pm
Euro/Usd is still showing sideways candles so didnt enter yet!!!
& Conditions didnt also met properly Yet!!!
No Trade Yet!!!
  • #73
  • Nov 5, 2007 11:48pm Nov 5, 2007 11:48pm
Hey!!!
I just close my trade on Euro/Usd....
I entered at 1.4475 & Exit at 1.4493....
See the 30 Mints Chart according to my system conditions are clearly met ,,,,
Macd,s lines have crossed and heading towards upside
ssto have also did the smae ...
Rsi is upward inthe combination of RSI/ATR loook at chart you,ll clearly see how....+20 pips are locked for today!!!
Results came very slow but manage to Get +20 pips....
  • #74
  • Nov 6, 2007 12:19am Nov 6, 2007 12:19am
Sorry Guys!!!
Read My thread again i forget to right Detail About the combination Of RSI=7 & ATR=20 Crossing ....Read it Carefully in entry Rulzzz!!!
  • #75
  • Edited 7:20am Nov 6, 2007 12:32am | Edited 7:20am
Euro/Usd have moved +99 pips yet waoo from my entry...But i just close my position at +20 pips....
  • #76
  • Nov 6, 2007 2:40am Nov 6, 2007 2:40am
I'm really sorry for this stupid question. I've downloaded the macd2 indi and I want to put it on my main chart, but it keep go into a new window! How can I avoid it? I use the MT4 with NF broker. Once again, I'm really sorry for this stupid question..

and the SSTO is use the stochastic oscillator, with default setting 5,3,3. is that correct?
  • #77
  • Nov 6, 2007 2:43am Nov 6, 2007 2:43am
Quoting gunset
I'm really sorry for this stupid question. I've downloaded the macd2 indi and I want to put it on my main chart, but it keep go into a new window! How can I avoid it? I use the MT4 with NF broker. Once again, I'm really sorry for this stupid question..
I don't know of any way to put it on the main chart.

I would rather have it in the new window. It has the histogram with it that makes it easier to see crosses. When the histogram crosses zero, it means the lines have crossed.
  • #78
  • Nov 6, 2007 2:56am Nov 6, 2007 2:56am
Quoting gunset
I'm really sorry for this stupid question. I've downloaded the macd2 indi and I want to put it on my main chart, but it keep go into a new window! How can I avoid it? I use the MT4 with NF broker. Once again, I'm really sorry for this stupid question..

and the SSTO is use the stochastic oscillator, with default setting 5,3,3. is that correct?
Oh Come on Guys didnt matter if ur charting package didnt have an option to put macd on Charts with candle....U Can put it in a new window ....Mian purpose of macd to put on chart with candle is just to c its crossing clearly....If ur charting package is providing u macd with clear crossing of two lines also with histrogram then its Ok
  • #79
  • Nov 6, 2007 2:57am Nov 6, 2007 2:57am
Ya SSTO with srtting is 5, 3, 3 is correct...
  • #80
  • Nov 6, 2007 3:01am Nov 6, 2007 3:01am
Hi All
I dont Know histrogram and its working...
My system just requires just Macd(5,34,5) with histrogram with two lines coz we all have to focus the crossing of two lines not the histogram....I dont know Wht billbass is saying about histrogram...I mean i didnt understand that....
0 traders viewing now