Umair's Euro/usd System | Page 10 | 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

  • #181
  • Nov 7, 2007 11:03pm Nov 7, 2007 11:03pm
dear folks,
Are you waiting for the G/J signal now? I think I just wait for the psar signal to make it valid entry, all other condition has been fullfilled.. Am I right?
  • #182
  • Nov 7, 2007 11:51pm Nov 7, 2007 11:51pm
Quoting gunset
dear folks,
Are you waiting for the G/J signal now? I think I just wait for the psar signal to make it valid entry, all other condition has been fullfilled.. Am I right?
Gunshot look at the screenshot tht how i entered and how i exit....+30 pips i managed to get but overall G/J moved upto +79 pips but i closed my position coz of almost overbought SSTO....
Attached Image (click to enlarge)
Click to Enlarge Name: G.J.JPG Size: 192 KB
  • #183
  • Nov 8, 2007 12:03am Nov 8, 2007 12:03am
sorry for this Question. how much is the value of overboughted/oversold SSTO?
  • #184
  • Nov 8, 2007 12:10am Nov 8, 2007 12:10am
Quoting gunset
sorry for this Question. how much is the value of overboughted/oversold SSTO?
I think 68. something thts y i just close my position at +30 pips
  • #185
  • Nov 8, 2007 1:05am Nov 8, 2007 1:05am
All signals was perfectly met but look at news of JPY ''
''Machine Tool Orders y/y''
its again change the whole situation....although news was not much important but it dropped G/J down more to 50 pips....i didnt enter i was just watching coz i know news will kill my system and it did....coz all conditions are met but news .....
  • #186
  • Nov 8, 2007 1:07am Nov 8, 2007 1:07am
I just enter for short and get quick +25 pips....Short signal on G/J
  • #187
  • Nov 8, 2007 1:11am Nov 8, 2007 1:11am
Lolzzz thank god i exit coz again new time announcement
''
Eco Watchers Survey'' of JPY

I really hate these sort of stupidities from me.....
  • #188
  • Nov 8, 2007 1:18am Nov 8, 2007 1:18am
These are the conditions that i really hate....i almost always fail whenever i mistakenly or accediently entered in a news time....dont know how i missed to monitor news of
JPY=Eco Watchers Survey...
That why i really hate news timing & annoucements coz Although i manage to get +25 pips but that was a gamble....Just try to avoide from news timing coz G/J gives first long signal whn news on
JPY=Machine Tool Orders y/y ANNOUNCE....
i didnt enter here. Coz news immediatly failed my system...
But thn another announcement on JPY=Eco Watchers Survey
announced ....i mistakenly entered here & get quick pips but dont know how i forget to keep an eye on 2nd news announcement of Jpy. See G/J pullls back ....Thts y i always force all to stay away be4 & after half hour of news.....
  • #189
  • Nov 8, 2007 1:33am Nov 8, 2007 1:33am
See G/J Screenshsot in my last post with screenshot....where i successfully entered and managed to get +30 clean pips without any news news....All conditions are successfully met and see the fig....
  • #190
  • Nov 8, 2007 1:59am Nov 8, 2007 1:59am
Just took 22 pips from eur/usd. It might go further, but the indicators were saying overbought and hit 50% fib of recent HI LO. Good start to the day.
Dan
  • #191
  • Nov 8, 2007 2:18am Nov 8, 2007 2:18am
here is 3 successfull trade..

btw, i have problem with rsi-atr, neither 4-14 setting nor indi ATRonRSI posted before is match with yours..

so, i stick with your 7-20 setting as long as it doesn't bring us to losses..

you/we may modify the original system to be more universal, so MT4 or others platform user have no problem with it
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 27 KB
  • #192
  • Nov 8, 2007 2:38am Nov 8, 2007 2:38am
Quoting dan921
Just took 22 pips from eur/usd. It might go further, but the indicators were saying overbought and hit 50% fib of recent HI LO. Good start to the day.
Dan
Gooodluck Dan it really was a long signal i entered at 1.4649 and closed at 1.4668= +19 on E/U.....See the chart of E/U according to my System....
  • #193
  • Nov 8, 2007 2:39am Nov 8, 2007 2:39am
Quoting dan921
Just took 22 pips from eur/usd. It might go further, but the indicators were saying overbought and hit 50% fib of recent HI LO. Good start to the day.
Dan
iT seems ur understanding my system....
  • #194
  • Nov 8, 2007 2:45am Nov 8, 2007 2:45am
Quoting herry_winandi
here is 3 successfull trade..

btw, i have problem with rsi-atr, neither 4-14 setting nor indi ATRonRSI posted before is match with yours..

so, i stick with your 7-20 setting as long as it doesn't bring us to losses..

you/we may modify the original system to be more universal, so MT4 or others platform user have no problem with it
Herry!!!
Ur setting seems to me ok ....Successful results r infront of u....
  • #195
  • Nov 8, 2007 2:59am Nov 8, 2007 2:59am
Quoting Umairs2004
Gooodluck Dan it really was a long signal i entered at 1.4649 and closed at 1.4668= +19 on E/U.....See the chart of E/U according to my System....
Yes I went long, in at 1.4647 and out at 69. I came out because rsi was showing overbought and stochs were moving into overbought it also hit 50% fib which it is still testing now. I think it will break that level and carry on long, but where there is doubt I like to take my money off the table. From what I have seen so far this is a great system Umairs if you stick to the rules and I also keep a ff calender in front of me and set alarm clock for 30 mins before any major news.
Finished live trading for the day now, demo for the rest of the day.
Thanks Umairs
Dan
  • #196
  • Nov 8, 2007 3:00am Nov 8, 2007 3:00am
See screenshot
Attached Image
  • #197
  • Nov 8, 2007 3:26am Nov 8, 2007 3:26am
+19 Pips on E/U detail....See How....
Attached Image (click to enlarge)
Click to Enlarge Name: E.U.JPG Size: 192 KB
  • #198
  • Nov 8, 2007 4:18am Nov 8, 2007 4:18am
Quoting dan921
Yes I went long, in at 1.4647 and out at 69. I came out because rsi was showing overbought and stochs were moving into overbought it also hit 50% fib which it is still testing now. I think it will break that level and carry on long, but where there is doubt I like to take my money off the table. From what I have seen so far this is a great system Umairs if you stick to the rules and I also keep a ff calender in front of me and set alarm clock for 30 mins before any major news.
Finished live trading for the day now, demo for the rest of the day.
Thanks Umairs
Dan
Dan do u know how to set alram on calender for news...?
  • #199
  • Nov 8, 2007 5:26am Nov 8, 2007 5:26am
Quoting Umairs2004
Dan do u know how to set alram on calender for news...?
No I don't think you can Umairs, I just check the calender before I start trading then set my alarm clock to go of 30 mins before the announcement.
Talking of which UK interest rates are being announced at 12:00 gmt (35 mins from now.
Dan
  • #200
  • Nov 8, 2007 6:04am Nov 8, 2007 6:04am
See how i avoide to enter from news....Although it goes in my favour....But it didnt happened always!!!
Attached Image (click to enlarge)
Click to Enlarge Name: G...J News Candle.JPG Size: 194 KB
0 traders viewing now