DislikedSlick graph, skyline.
Impressive, as usual.Ignored
I used SnagIt to paint that nice lines , I suggest everyone to use it
Ichi Trend & RSI Trend Catch 4 replies
trend up trend down 1 reply
DislikedTkimble, is correct my entry as in below picture? ( btw this first attemp was a 50 pips loss )Ignored
DislikedI think you are comparing the value of the MACD Histo Bars. I think the system calls for you to compare the "signal" to the previous "value"....at least that is how I am reading it.
DislikedYes. It seems to be correct. I likewise loss 50 PIPs on the same trade but am now long on the subsequent trade and up 60 PIPS...
Are you using MT4 to make these great looking charts???
DislikedDo you just use GBP/JPY for this system? Also, do you have to wait for beginning of each hr. too enter & exit trades if yo are trading the hrly chart?Ignored
Nice simple system you have here!
I notice you prefer to use the OSMA rather than MACD for entries.
Can I just ask what does the signal setting on the OSMA indicator do? I know on MACD it gives the 100 average of the histogram bars and plots that on the same graph? On the OSMA indicator I don't see this however?
Also whilst we are on the 100 Signal SMA how do you use it on the MACD? Do you use it as an additional filter or not at all?
Your contributions are always appreciated. Thanks for this new system. Question on an entry: The attached picture seems to show a good entry but then a drawdown of about 165 pips while the MACD and OSMA are continuing their downtrends. Comments? Thanks again.Ignored
Where did you get that nice looking OSMA? Can you point me to a link? I like the fact that it shows up in colorIgnored
DislikedBeing only inthe forex arena for several months, when someone that has the respect and admiration of others (tkimble) that have been in forex far longer than I, I would be a fool not to pay attention. I think it was J.Paul Getty that once said he got rich by hiring guys that were much smarter than he was. So, I'm applying that philosophy to forex. I plan on getting rich by paying attention to to people that are much smarter than I. When tkimble says this is his best system ever, I have to believe that it probably is. When I see the accolades of others that have followed him in the past, I know he knows what he's talking about. Further, when I see that he's not interested in writing a book and making money off that book, which he most assuredly could, I poersonally have admiration already for the guy. So, being not quite a newbie, which is probably good, because I know I don't know much, I have read this thread twice already. Good thing it's not 1000 pages (yet), but I'm sure it will be in short order. I'm new here. Have traded forex for about a year. Much better and safer than the stock market, and I love it. Look forward to being here a long time. By the way, I have already paid my dues in the stock market, and have not been, and will not be, one of the 95% people who lose in forex. That's my vow, and that's why I'm here. With the assistance and knowledge of people like tkimble and many others here, I'll be in the 5%. Nice meeting all of you.Ignored
DislikedWhen do you exit a trade in this system? When the next bar is down? Do you set targets? Thanks.Ignored