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bo7a method... method for GBP/JPY

  • #141
  • Dec 17, 2007 8:24am Dec 17, 2007 8:24am
Thank you so much for posting this Shandy. I have been playing around with creating an expert that will do this to mimic the Corn Flower System. I changed the EMAs slightly, but with the same great results. This executed perfectly and I got my first email this morning which allowed me to set up a trade just after I got out of the shower . I love the fact that it is also an indicator, and it doesn't send 1001 emails like my programming skills made me do with the last one. A thousand thanks, this is the system I will tweak and base all of my trades off of. I will keep you posted on results. Cheers!
"60% of the time it works...every time"
  • #142
  • Dec 17, 2007 8:34am Dec 17, 2007 8:34am
Are you shooting for the 229.0 first profit target?
thanks
  • #143
  • Dec 17, 2007 9:02am Dec 17, 2007 9:02am
now that ema's have recrossed and price is below the 90, do you wait for retest of ema and enter short, closing long?

thanks, greg
  • #144
  • Dec 17, 2007 9:03am Dec 17, 2007 9:03am
So now what.....price and ema's are below ema 90 and we have a short arrow??
  • #145
  • Dec 17, 2007 9:03am Dec 17, 2007 9:03am
the GBP/JPY did one of his tricks

we should accept this

we are going to exit long positions at the best point and get ready for short

here is the chart
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 19 KB
freedomfigher
  • #146
  • Dec 17, 2007 9:06am Dec 17, 2007 9:06am
I'm out of long @ -12 and short @ 228.35

+ 6 currently.
  • #147
  • Dec 17, 2007 9:30am Dec 17, 2007 9:30am
Quoting bassmouth
now that ema's have recrossed and price is below the 90, do you wait for retest of ema and enter short, closing long?

thanks, greg
I've been following this system since it was first posted. This is just a thought {imho}: I wonder, that since this pair is so volatile, a corrollary to the 90ema rule should be adapted... the price should clear the 90ema by (X amount) before entering LONG or SHORT. Since it was literally on top of the 90ema it was hard to tell if the trend was truly bearish or bullish... as a result we entered and exited without knowing for sure.

This is just a thought. I'm a noob that doesn't know a lot so the above could be complete crap.
  • #148
  • Dec 17, 2007 9:35am Dec 17, 2007 9:35am
Out of short @ BEP. Need to demo this some more.
Thanks for your help Mindforex!
  • #149
  • Dec 17, 2007 10:16am Dec 17, 2007 10:16am
Quoting shandy
Here is an indicator to do this.....
Shandy,

Is it normal for your email alert indicator to keep sending me the same directional signal every hour after it crossed three hours ago? If yes, is there a way to change it to one cross at a time?
  • #150
  • Dec 17, 2007 10:22am Dec 17, 2007 10:22am
Hound,

I'm getting the same thing every hour. I don't mind it, but I know it can be fixed. Not sure I'm the one to fix it right now since I'm slammed. Anybody care to take a stab at fixing the expert above so that it doesn't send an email every hour? Thanks everyone.
"60% of the time it works...every time"
  • #151
  • Dec 17, 2007 10:24am Dec 17, 2007 10:24am
Quoting FXHOUND
Shandy,

Is it normal for your email alert indicator to keep sending me the same directional signal every hour after it crossed three hours ago? If yes, is there a way to change it to one cross at a time?
Isn't my actual indicator as I don't have the first clue about programming MT4, I just know it works! It will keep sending out e-mails after every subsequent bar but I only find this becomes a real pain in the arse if you are using it on 1 / 5min etc. If someone can modify it then great!
  • #152
  • Dec 17, 2007 11:01am Dec 17, 2007 11:01am
the latest chart
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 20 KB
freedomfigher
  • #153
  • Dec 17, 2007 11:06am Dec 17, 2007 11:06am
Quoting mindforex
the latest chart
in this chart one time system offer to buy and on other hand it offer to sell
what do you thinks . do you think we should wait for a good movment ?
  • #154
  • Dec 17, 2007 11:09am Dec 17, 2007 11:09am
Quoting NavidRasi
in this chart one time system offer to buy and on other hand it offer to sell
what do you thinks . do you think we should wait for a good movment ?
no I was in a long position after the long crossover

when the short crossover happened I closed the long position and entered a short one

u have to be fleixable
freedomfigher
  • #155
  • Dec 17, 2007 11:24am Dec 17, 2007 11:24am
Quoting mindforex
no I was in a long position after the long crossover

when the short crossover happened I closed the long position and entered a short one

u have to be fleixable
can you plz tel me your positions ? when you enter in long position ? and when yo change your position ? do you get any profit in long position ?
thnx
  • #156
  • Dec 17, 2007 11:49am Dec 17, 2007 11:49am
Quoting NavidRasi
can you plz tel me your positions ? when you enter in long position ? and when yo change your position ? do you get any profit in long position ?
thnx
It looks like the crossover arrow for long this morning disappeared from the chart. It is showing the sell arrow (alert) now. I am talking about the orginial crossover alert provided by Mindforex. I am using another crossover alert provided by Sandy and the long and sell arrow (alert) are still on the chart. I am not sure why the buy arrow from this morning disappeared after the sell arrow was posted.
  • #157
  • Dec 17, 2007 12:09pm Dec 17, 2007 12:09pm
Last Signal
are we should wait until price touch MA7?
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 33 KB
  • #158
  • Dec 17, 2007 3:46pm Dec 17, 2007 3:46pm
Does anyone feel that you guys are getting too many whip-saws with the short time periods? I personally use an 18 crossing 45, and then sometimes an 18 crossing 72 as my indicators if the market is moving sideways. I've found that this works very well on a 1 hr time scale. As I stated before, this is a modified Corn Flower system that doesn't need the 8,12,24,72 EMAs. I used this system today to set up the USD/CAD for a nice short, which I am currently monitoring to make sure I don't lose all of my profit.
"60% of the time it works...every time"
  • #159
  • Dec 17, 2007 4:00pm Dec 17, 2007 4:00pm
Hi Slade,
pls,i really need your help.i just recently lost more than $9,500 in just a week.if you are aware of any system that you have tried and found very consistent,pls dont hesitate to share it with me.my email is :[email protected] you in anticipation.

more pips to your elbow


Quoting slade15342
Does anyone feel that you guys are getting too many whip-saws with the short time periods? I personally use an 18 crossing 45, and then sometimes an 18 crossing 72 as my indicators if the market is moving sideways. I've found that this works very well on a 1 hr time scale. As I stated before, this is a modified Corn Flower system that doesn't need the 8,12,24,72 EMAs. I used this system today to set up the USD/CAD for a nice short, which I am currently monitoring to make sure I don't lose all of my profit.
with GOD all PIPS are possible
  • #160
  • Dec 17, 2007 4:11pm Dec 17, 2007 4:11pm
this system is not stable . it change history and if you look to past every thing seems ok and you think this system work great but it change it's signals and u can never trust to signals .
look at this tow pictures what happend to greens arrow (long signals ) and why they gone after 2 hours ?!!!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 33 KB
Click to Enlarge Name: gbpjpy2.gif Size: 33 KB
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