Umair's Euro/usd System

See how important it is RSI Working with ATR....See the screenshot clearfully...See i also didnt use ssto so my charting window is showing wide gap of RSI & ATR Crossing just like MT4 Users...

Venca & Walb!!!
FF Have some problems while posing screenshots...both of ur,s screenshots is missing....Again post it....

I found out that reloading the page helps to display the pictures

Umair I have a question.

After quite a long time trading this system would you say that it is a good sign when the SAR dots come later after the other indicator are in line. I am asking this because after only a few sessions I had the impression that in situations when the SAR dots were there first, but the others didn t connfirm, the dots were taken out again by price.
What is your expirience?
walb99

Mt4 user dont be confused that your charts are not looking same like my charts specially RSI & ATR ....see screenshot that how...?
I have dragged ssto window that down that we cannot see it now see RSI & ATR...looking same with gap like MT4 charts....
Another Example!!!
Also see screenshot of!!!
Post No # 313
Page No# 21
Almost same kind of thing with screenshort....

interesting that on MT the first dot apears now on cable but not yet on powercharts...

I think every one here may understand the importance of working of RSI & ATR together that how together both works to confirm a trend...This is my thinking and threoy & see the screen how its working to find a trend for me...Anyways i might be wrong but i have no care coz its working for me...Also Mt4 users may understand that zooming and dragging is the main problem.....I might not be available for most of the day tommorw coz im much busy tomorrow...I,ll catch you all maybe in a second session & Remember im again saying that never use any of system at once on real...1st chose any system u feel impressive then forget about other system & just try to be habitual of taking profit from ur chossen system on demo then come on real Thats my promise that u,ll get ur +reward but Just thorugh practice....Goood Luck Traders!!!

Hahahaa walb!!!
Set P-SAR dots to 0.1, 0.11
instead of default setting...you may find sar dot appearing most of the time with other indicators to enter a trade...but main purpose is just to avoide from false signals....from my experience i think default setting is best ...getting pure signals are batter then fake...maybe u maygot +ve results even much +ve results then me but lot of chances may accour for false signals...see my all trades with screenshots almost no false signal yet only today on E/U...even that was also the write coz i have to enter in a first candle but i was late even first candle with short sar dropps down for almost +15/20 pips if i may enter then that might be the winning trade for me but i was unlucky...anyways batter to follow default sar...otherwise not specail problem with new settings...

that s what I thought allready...

by the way, I found out that your ATRonRSI method is also know as quantitative-qualitative estimation (QQE). With the internal setting of ATR 20 and RSI 7. If you put the smoothing factor to 1 the RSI line looks pretty much the same like your indicator. Only the ATR line is little different. Look at the sreenshot please.
Good night.

I was not in an action i was out and just saw the apportunity to enter for +trade see the screenshot...im again sighning off coz im very busy today maybe do any trade at 2nd session....

SEE the calender back to back news change the conditions for E/U so no trade on it....

1) EURhttp://www.forexfactory.com/images/m...act_medium.gifGerman GDP q/q


2) French GDP q/q (p)

3) ECB President Trichet Speaks

So back to back news stay away from E/U meanwhile see G/J and my screen shot in my last post....Still positive looking but see the calender Gbd news is also comming
''Average Earnings Index +Bonus q/y''
Rigt now if i was there on G/J then its more then +100 pips move now see the G/J according to my system....
Good luck i,ll catch all in a second session

1. Post No#321
2. Post No#324
3. Must watch all MT4 users ....

Perfect G/J Short trade for then +100 pips....See the screenshot...That all happened excat after the half hour of Imp. BOE Data....

I saw lot of chances to enter in a trade but i was much busy in these days so my attention on forex market was very less today but at the end managed to get +15 pips on E/U ....Trade closed...i did just a single trade throughout the day!!! ssto is near to cross...

No valid looking entry in G/J See ssto...

Are these correct entries ?

No Problem with ur chart venca its seems to me very accurate....see that was the clear long signal...we may enter in any of candles which i have pointed in a screenshot with black circle....but we may enter only for few pips...and that happened ...if i was there i just target +15 pips Just coz of SSTO....see now how E/U bounces back coz of ssto...after moving almost +25 pips....

I didnt enter yet in G/J It seems to be a side ways ...so watchout coz its confusing me!!!
Thart news make it confusing for me,....
''Machine Tool Orders y/y''

My todays yet successfull trade is on U/C....on which i managed to get +16 pips coz it seems to me pulling back again and again and coz of ssto...so i just take my profit and close my Position....

So far news dominates...I did just a singal +ve trade yet with some successful (scalping) but on (demo)...Me leaving and will do no trade for today now...i think just single one is enough just bcz of news...

Hi Umair !

First of all thanks for introducing your system ;-)
I'm trying it on demo because I had a big draw down some time ago
and have to built up confidence again...

I started with 150 US $ and built up my real account to about 900 US $
in about 3 months time.

Then I became greedy and wanted more....

So I changed my leverage and there it goes.... down the drain !!

Have you tested your system on the lower time frames such as 5min and
15 min ?

What Atr / RSI combination do you prefer for this time frames ?

Carry on and happy trading !

Bernhard