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Attachments: Umair's Euro/usd System
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Umair's Euro/usd System

  • #341
  • Nov 15, 2007 10:43am Nov 15, 2007 10:43am
Quoting behof
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
Thanks for ur wounderful feedback...
well u can trade on lower time frames but chances of false signals becomes more...Although im getting some goood trades for more see results which i have posted...Only thing i hate is news time...coz its really becomes very crucial for any system...
I,ll soon post my very simple scalping method with new simple indicators and for any chart user...
And about Lower time frame...i,ll recommend to first to try my system on demo...
on 15mints or 5Mints chart
Set Rsi=5 & ATR=10
Let other setting same....
But my systems best working is on 30Mints TF....
Recommended Pair= E/U....
Coz its less volatile and give u some pips also...
Yes u can try my system on lower Tf,s But first practice on demo and also i have a lack of experience with Lower time frames but got good results ...Gooodluck
  • #342
  • Nov 15, 2007 11:59pm Nov 15, 2007 11:59pm
See the screenshot for +35 pips for today...I was bit late but manage to get +35 pips....See how to enter in a perfect conditions & see how to avoide from fake signals....All conditions must met before our entry...
Attached Image (click to enlarge)
Click to Enlarge Name: 2days GJ.JPG Size: 213 KB
  • #343
  • Nov 16, 2007 12:03am Nov 16, 2007 12:03am
E/U Again looks in a sideways mood...So becareful before entry...Coz it seems to me bit slow also....So im just watching its movement...
  • #344
  • Nov 16, 2007 5:03am Nov 16, 2007 5:03am
See the appurtunity in G/J....I just enter and get pips...
  • #345
  • Nov 17, 2007 5:14pm Nov 17, 2007 5:14pm
Guys, I have noticed that the ATR20 and the RSI7 indicator gives different signals on MT4 compared to Umiars charting platform. Weird.
  • #346
  • Nov 17, 2007 10:53pm Nov 17, 2007 10:53pm
Quoting fx_geezer
Guys, I have noticed that the ATR20 and the RSI7 indicator gives different signals on MT4 compared to Umiars charting platform. Weird.
Hammm i dont know i have no idea about that really coz as i mentioned lot of times that i dont use MT4....but see my previous posts in which i have mentioned the dragging and zooming problem for MT4 users....
  • #347
  • Edited 12:39am Nov 18, 2007 12:14am | Edited 12:39am
See below some of examples of my system with trendlines...I call them my trendlines...I dont care if someboday think that i have draw them wrong lolzzz but im researching onthem so far they are perfectly working for me to enter and also to avoide from false signals....See the screenshots How....?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NU With TrendLines.JPG Size: 233 KB
Click to Enlarge Name: UsdChf.JPG Size: 224 KB
Click to Enlarge Name: E.J With TrendLines.JPG Size: 215 KB
  • #348
  • Nov 18, 2007 11:03am Nov 18, 2007 11:03am
hey umair is it important for a long trade that the rsi and atr cross near the 30 level or they should just cross.
BK
  • #349
  • Nov 18, 2007 12:16pm Nov 18, 2007 12:16pm
Quoting bksujal
hey umair is it important for a long trade that the rsi and atr cross near the 30 level or they should just cross.
BK
Batter they should cross near 30-level or before 30-level for short and vice-versa for long...I there4 use ssto just to avoide from oversold/overbought region...Same as rsi also...If rsi crossed atr for short near 30-level or before it then according to me downtrend starts and once i find all signals with there respective conditions to met then i enter...
  • #350
  • Nov 19, 2007 1:07am Nov 19, 2007 1:07am
So far im getting very good results from your system. great system man thanks for sharing with us. I am also a professional trader with more then five years of my experience and im looking forward to have a nice gentle chat on forex with you. You also seems to me a very good trader as trendlines working great with your system. Thanks again Umair
Secret...? "I Love The World Love "
  • #351
  • Nov 19, 2007 1:24am Nov 19, 2007 1:24am
See the screenshot .... I didnt enter inthe appearance of 1st P-SAR dot coz other conditions didnt met...but as soon as the other conditions met i enter for +18 pips....
Attached Image (click to enlarge)
Click to Enlarge Name: E.U.JPG Size: 216 KB
  • #352
  • Nov 19, 2007 1:29am Nov 19, 2007 1:29am
Quoting forexcraze
So far im getting very good results from your system. great system man thanks for sharing with us. I am also a professional trader with more then five years of my experience and im looking forward to have a nice gentle chat on forex with you. You also seems to me a very good trader as trendlines working great with your system. Thanks again Umair
Thanks for your nice feedback...
Good to c that ur getting +ve results. You can ask whatever u want 2know...
  • #353
  • Nov 19, 2007 2:19am Nov 19, 2007 2:19am
Thanks again Umair . I just got 37 pips on GBD.USD . I think your system is best for professionals with more than three year experience . Maybe beginners may find some trouble for their entry but so far me and my other forex friends are enjoying your system.
Secret...? "I Love The World Love "
  • #354
  • Nov 19, 2007 2:27am Nov 19, 2007 2:27am
Quoting forexcraze
Thanks again Umair . I just got 37 pips on GBD.USD . I think your system is best for professionals with more than three year experience . Maybe beginners may find some trouble for their entry but so far me and my other forex friends are enjoying your system.
Hammm ....I missed that apportunity....can u post its screenshot....ur using Mt4 or other charting package...?
  • #355
  • Nov 19, 2007 2:42am Nov 19, 2007 2:42am
Hmmm That was the mighty apportunity of G/U....for +81 Pips...See the screenshot for more...
Attached Image (click to enlarge)
Click to Enlarge Name: G.U.JPG Size: 220 KB
  • #356
  • Nov 19, 2007 4:07am Nov 19, 2007 4:07am
See screenshot...G/J Moves...
Attached Image (click to enlarge)
Click to Enlarge Name: G.J.JPG Size: 224 KB
  • #357
  • Nov 19, 2007 4:49am Nov 19, 2007 4:49am
See E/J Moves with screenshot...
Attached Image (click to enlarge)
Click to Enlarge Name: E.J.JPG Size: 220 KB
  • #358
  • Nov 19, 2007 5:05am Nov 19, 2007 5:05am
Quoting Umairs2004
See E/J Moves with screenshot...
Hey Umair we got that euro.jpy trade but just for 23 pips great system dude.
Secret...? "I Love The World Love "
  • #359
  • Nov 19, 2007 7:11am Nov 19, 2007 7:11am
hey umair how do you post screen shots from the power charts for which you use daily fx?
BK
  • #360
  • Nov 19, 2007 7:18am Nov 19, 2007 7:18am
Quoting bksujal
hey umair how do you post screen shots from the power charts for which you use daily fx?
BK
There is a button inthe keybord of my laptop named as printscreen....when i open my chart then after putting all indications like arrows, crosses etc, etc then i just press button named as printscreen....then i open Paint and i press commed as ctrl+v by givving this command it automatically paste it in paint then i save it from paint in a paint option as file , save as , then i put the file format as gpj...and thats it.....
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