Pip Pirate, I took a look at this thread several months ago and I was frightened off by the numerous indicators, as a newbie, it was too much to comprehend. However with eyevoltage's modifications in reducing and refining the indicators the system has become much less intimidating. Thanks to you and he for carrying it along, it's really an exceptional system that deserves more attention. Delage
Dollie's Safe Pips Indicator
- #605
- Nov 20, 2007 5:29pm Nov 20, 2007 5:29pm
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
For the 2 or 3 people that were here on this thread a few months ago, I posted that this thread was dead and I was out of here. There would be one or two posts a week. Now look at it! I always believed in dollie's system, and its slight variations, but figured that no one else saw it and it was time to quit posting. Now the site is out of control. I love it. Thanks for all the new people posting. Now here is a move last night (around 3 GMT) during the asian session. No I didn't get it all but I did get 36 of it. It was against the overall trend and I was late to the party and really didn't believe it was going to run this far. So much for thinking! Must trust indicators, must trust indicators.....
Now about your chart. I take it that the arrows indicate where you took the trade? Starting above the ADX (which I don't take much notice of these days, to be honest.) I see that the DZ green has just crossed the blue. In the MACD window, I see a negative block and then it turns positive. In the chart window, price seems to have bottomed, with the HMA starting to curl up and changing colour. I take it that you entered at the open of the large candle to the right of the arrow. Hope I'm right so far. However, I'm still puzzled by that damn Triple Hull. Please tell me, if you will, what is happening around that red arrow, and what it is that makes the trade. It's the only part of that chart that continues to mystify me, me old mate, so I would really appreciate a blow-by-blow account of what's happening in Triple Hull and what it is that triggers the trade.
I hope that you and your good lady wife are both in good health? Are those 49'ers gonna get any better any time soon?
I had the dubious pleasure of watching my Vikings get absolutely whupped by the Packers last week, and it was painful to watch. A good win for them this week though against the Raiders.Cheers for now, mate.
- #606
- Nov 20, 2007 5:42pm Nov 20, 2007 5:42pm
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Good post, mate, and a great chart to accompany it. I can see that all this activity has taken your breath away, as it has mine!! Word gets about, it seems.
Now about your chart. I take it that the arrows indicate where you took the trade? Starting above the ADX (which I don't take much notice of these days, to be honest.) I see that the DZ green has just crossed the blue. In the MACD window, I see a negative block and then it turns positive. In the chart window, price seems to have bottomed, with the HMA starting to curl up and changing colour. I take it that you entered at the open of the large candle to the right of the arrow. Hope I'm right so far. However, I'm still puzzled by that damn Triple Hull. Please tell me, if you will, what is happening around that red arrow, and what it is that makes the trade. It's the only part of that chart that continues to mystify me, me old mate, so I would really appreciate a blow-by-blow account of what's happening in Triple Hull and what it is that triggers the trade.
I hope that you and your good lady wife are both in good health? Are those 49'ers gonna get any better any time soon?
Cheers for now, mate.
Oh do I wish that I entered the trade at the arrows. No I missed the beginning of this move and that is why I didn't get that many pips. Okay, the triple hull. What the blue line (RSI 2) on the triple hull tells me is that a move long is coming soon. The angle of the blue line is very important, as you want it steep. So you can see that the blue line started moving long 2 hours before the nice candle long. It's telling you 2 hours in advance that a move may happen. Now you know it also gives a lot of false signals. So next you have to see if the other dotted lines are following the blue line in the same angle and close to the blue line. This works best when it is starting from the bottom or top of the chart. Then the ISMA line should follow the blue line in a similar angle but it lags the others. I use the ISMA like a moving average. so the purpose of the triple hull et all indicators is to alert me to a potential trade ahead of time. With a H1 or H4 chart you are not going to get that many possibilities in a day. But had I caught that whole move it was 200 pips. I have seen 3 moves like that this week where I would be up over 500 pips. Just look at the gbp/jpy charts. No buy, sell or hold recommendations. Newbies should stay far away from that pair as it will kill you. Patience. Eyevoltage, I don't like dollie's first version (which all of you guys use) of what is now the triple hull. I could never understand it so when she came out with the triple hull I saw it immediately. You want to look for that formation that I showed you. Set up another chart with it on post #296 and see if you like it. The macd pattern is if there is a flat or almost none existant bar then I am excited. It is usually like a spring ready to go. Then you add the DZ and we have a trade coming. I don't use the ADX very often. The HMA color moving average is also become very important to me as an indicator, esp on the longer time frames. It will usually tell when the trend is turning, but is most reliable during the more active times. It can give false signals say between the US and asian sessions when there isn't much activity. Wife and I are fine and the 49ers suck.
- #608
- Nov 20, 2007 8:15pm Nov 20, 2007 8:15pm
- | Joined Apr 2005 | Status: Cruising The Outer Rim... | 2,175 Posts
- #610
- Nov 21, 2007 4:24am Nov 21, 2007 4:24am
I follow this thread with interest. Tried it and got some pips (a few on LIVE account and with minilots to see what happen) so i'm really happy to stay with you 
what about stop loss on the eyevoltage's version?
what about stop loss on the eyevoltage's version?
Eye voltage....i know you don't have the time to sit in front of you system..i think you should check out the 4 hour time frame..dollie+guppy is FANTASTIC on that time frame..on the 4 hour chart dollie doesn't flick a lot and i think she gives good long term signals on that time frame.. check out GBP/USD on the 4 hour.. currently up 80 pips ...oppps make that 72pips.
- #612
- Nov 21, 2007 5:29am Nov 21, 2007 5:29am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
I follow this thread with interest. Tried it and got some pips (a few on LIVE account and with minilots to see what happen) so i'm really happy to stay with you
what about stop loss on the eyevoltage's version?
You can, of course, ignore the indicator's findings, but I've found that it gives you a nice starting figure to work around.
Cheers
- #613
- Nov 21, 2007 5:59am Nov 21, 2007 5:59am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
Eye voltage....i know you don't have the time to sit in front of you system..i think you should check out the 4 hour time frame..dollie+guppy is FANTASTIC on that time frame..on the 4 hour chart dollie doesn't flick a lot and i think she gives good long term signals on that time frame.. check out GBP/USD on the 4 hour.. currently up 80 pips ...oppps make that 72pips.
Cheers
- #615
- Edited 7:27am Nov 21, 2007 7:21am | Edited 7:27am
- Joined Sep 2006 | Status: Son of this Sceptred Isle. | 3,635 Posts
- #616
- Nov 21, 2007 7:26am Nov 21, 2007 7:26am
- | Joined Apr 2005 | Status: Cruising The Outer Rim... | 2,175 Posts
- #619
- Nov 21, 2007 8:04am Nov 21, 2007 8:04am
- | Joined Apr 2005 | Status: Cruising The Outer Rim... | 2,175 Posts
