i did notice the chart posting problem
i had to attach the link in the post n could only put 1
i had to attach the link in the post n could only put 1
Supernova GBP/JPY Mini Trend Catcher
- #2,802
- Nov 13, 2007 6:00am Nov 13, 2007 6:00am
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
- #2,805
- Nov 13, 2007 12:49pm Nov 13, 2007 12:49pm
- | Membership Revoked | Joined Oct 2007 | 2,124 Posts
- #2,806
- Nov 13, 2007 12:53pm Nov 13, 2007 12:53pm
- | Membership Revoked | Joined Oct 2007 | 2,124 Posts
- #2,808
- Nov 13, 2007 1:25pm Nov 13, 2007 1:25pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Ok - I am going to try this again.
This really looks pretty impressive! Nice example of how to handle the manual trades without too much "hectic" fiddling!
And again it is so much easier to trade bigger lotsizes with clear signals as you manage the trade and pull the trigger. That is only partly an option with the EAs - the various!
Beautifully done! Thanks!
GMatt
- #2,809
- Nov 13, 2007 1:28pm Nov 13, 2007 1:28pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Hey Lady Awesome!
Just missed ouy by a second! Hope to get you back here in a short while
. I guess we will have to take over the company of your boss to finally set you free from "training" in Georgia!!
Best Wishes!
GMatt
Just missed ouy by a second! Hope to get you back here in a short while
. I guess we will have to take over the company of your boss to finally set you free from "training" in Georgia!!Best Wishes!
GMatt
- #2,812
- Nov 13, 2007 5:17pm Nov 13, 2007 5:17pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Where is everyone????????
Morse!Hey, it is midnight in Hamburg! I am (normally) in bed now. The rest of the bunch will surely show up later. It seems that trendchaser is also not too far away from my timezone, as he seems to be online quite often around GMT/CET.
Good Night and do not be frustrated!
Gnat
Oh, and he just appeared down there!! Hi Trend!!
LOL!!!
Hey, it is midnight in Hamburg! I am (normally) in bed now. The rest of the bunch will surely show up later. It seems that trendchaser is also not too far away from my timezone, as he seems to be online quite often around GMT/CET.
Good Night and do not be frustrated!
Gnat
Oh, and he just appeared down there!! Hi Trend!!
- #2,815
- Nov 13, 2007 8:41pm Nov 13, 2007 8:41pm
- | Joined Oct 2007 | Status: work in progress | 1,009 Posts
Don't chase the market, Let the market come to you
- #2,817
- Nov 13, 2007 10:13pm Nov 13, 2007 10:13pm
I have a few questions towards this system.
I will really appreciate if Cryten, Gnat and Nofx also answered to these questions.
I am trying to formulate a generalized understanding of the Supernova strategy.
I will really appreciate if Cryten, Gnat and Nofx also answered to these questions.
I am trying to formulate a generalized understanding of the Supernova strategy.
- When you enter the 100+ pip moves on the GBP/JPY do you enter a stop loss of let us say 30 pips? Or just wait and manually close the trade if it starts to go against you?
- What is the best time frame, the M15 or the M5?
- Will it be prudent to enter a trade in a counter trend?
- The trades entered are of usually what % of the account?
- How much average time it took you to master the Supernova trading strategy?
- What are the core indicators in the Supernova strategy, the QQE + DMI + Momentum, as there are a host of other indicators in the Supernova MT4 template?
- Is there an online document/PDF regarding this system.
- #2,818
- Nov 13, 2007 10:30pm Nov 13, 2007 10:30pm
- | Membership Revoked | Joined Oct 2007 | 2,124 Posts
no im in florida, i just have strange hours lol
LOL!!!
Hey, it is midnight in Hamburg! I am (normally) in bed now. The rest of the bunch will surely show up later. It seems that trendchaser is also not too far away from my timezone, as he seems to be online quite often around GMT/CET.
Good Night and do not be frustrated!
Gnat
Oh, and he just appeared down there!! Hi Trend!!
I have a few questions towards this system.
I will really appreciate if Cryten, Gnat and Nofx also answered to these questions.
I am trying to formulate a generalized understanding of the Supernova strategy.
- When you enter the 100+ pip moves on the GBP/JPY do you enter a stop loss of let us say 30 pips? Or just wait and manually close the trade if it starts to go against you?
- What is the best time frame, the M15 or the M5?
- Will it be prudent to enter a trade in a counter trend?
- The trades entered are of usually what % of the account?
- How much average time it took you to master the Supernova trading strategy?
- What are the core indicators in the Supernova strategy, the QQE + DMI + Momentum, as there are a host of other indicators in the Supernova MT4 template?
- Is there an online document/PDF regarding this system.
I will give you my answer to your questions - Cryten and Gnat may have a different opinion.
*Firstly, I always enter a stop loss on every trade. I do not have a set pip value for this. I like to place it behind the T3 if possible but will also use S/R levels as well.
*I do not trade the 5 min time frame. I only trade the 15 min.
*I do enter counter trend trades but one must also be aware of the trend and place stops and targets accordingly.
*I personally do not risk more than 5% of my account on any one trade - usually 3% or less. This is just my personal preference.
*I would not say that I have mastered this system but I have been trading it for probably less than 2 months.
*Yes, the QQE, DMI, momentum and T3 are the core indicators in the system.
*There is not to my knowledge any PDF document on this system. This thread is the only source of information I have found. I learned the system by spending a couple days reading this thread from first to last and I would suggest the same for anyone wanting to get a good grasp of the system - many questions will be answered in the process.
Good trading to you,
NOFX