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PowerBand Trade Method (4hr)

  • #1
  • First Post: Edited 5:07am Jan 21, 2008 4:44am | Edited 5:07am
hi again...i wanted to share a nice free method with you guys that's been posted to my mail ..i didnt have time to take a closer look but it seems a nice and simple method so far..i recommend using that entry exit points considering pivot points...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pb.JPG Size: 65 KB
Click to Enlarge Name: pb2.JPG Size: 122 KB
Attached File(s)
File Type: pdf powerband.pdf   346 KB | 4,264 downloads
  • #2
  • Jan 21, 2008 4:48am Jan 21, 2008 4:48am
4HR strategy? I'm in. Ur chart looks good already. lookin forward
  • #3
  • Jan 21, 2008 4:53am Jan 21, 2008 4:53am
Tks for share nomask,
Which pair do you works?


Kind regards,

Marcelo Marques
  • #4
  • Jan 21, 2008 5:05am Jan 21, 2008 5:05am
Quoting marcelom
Tks for share nomask,
Which pair do you works?


Kind regards,

Marcelo Marques
i trade only gj..thats why i'm checking this out if it works on gj too
  • #5
  • Jan 21, 2008 5:22am Jan 21, 2008 5:22am
Tks, iŽll se in anothers volatile pairs


Best Regards,
Marcelo Marques
  • #6
  • Feb 8, 2008 9:46am Feb 8, 2008 9:46am
Nomask has already presented one system i am using with extremely good results (pivot-candestick).. this one looks great also.

has anyone tried this out. just visually, it looks like a winner
  • #7
  • Feb 8, 2008 6:35pm Feb 8, 2008 6:35pm
ur chart very nice
what ur recommanded pair

tq..

dandyman_7

p/s - sory my english is broken
  • #8
  • Feb 9, 2008 5:38pm Feb 9, 2008 5:38pm
Quoting dandyman_7
ur chart very nice
what ur recommanded pair

tq..

dandyman_7

p/s - sory my english is broken

Timeframe: H4
Pair: GPB/JPY

Hope help you
  • #9
  • Feb 10, 2008 5:10am Feb 10, 2008 5:10am
tq..
  • #10
  • Feb 10, 2008 8:21am Feb 10, 2008 8:21am
Thanks for sharing.
  • #11
  • Feb 11, 2008 7:01am Feb 11, 2008 7:01am
hi nomask

Thank you for sharing this system.

I trade mostly day and mostly the eur.usd.

But I like this system.

Below is a chart of the eur.usd 4 hour
I have where I think one should put on two trades with this system,
but I might well be wronge - Are they where you would trade?
Or would you not put on a trade in either place or maybe somewhere else?

Attached Image (click to enlarge)
Click to Enlarge Name: pb1.gif Size: 29 KB


thanks

john
  • #12
  • Edited 2:36pm Feb 12, 2008 2:18pm | Edited 2:36pm
Hi Guys,
Been reading this thread the last 2 days along with Nomast's other thread
on pivots.

It looks really good stuff.

I just went short there at 210.43 for my first trade using this system.

stop at 210.98 (I just edited this as I changed my stop from 210.90 to 210.98 which puts it just over the high of the day)

I'm just a bit worried as the spinning star is green and not red. but lets see what happens.

Donagh
Attached Image (click to enlarge)
Click to Enlarge Name: bolinger trade.gif Size: 24 KB
The more I wait the more I make
  • #13
  • Feb 12, 2008 2:32pm Feb 12, 2008 2:32pm
wow. nice catch Donagh. and thanks for posting the setup. i was short on the hourly nomask system but bailed because it is running late and i don't want to be held hostage in a trade. will be interesting to see what happens
  • #14
  • Feb 12, 2008 2:33pm Feb 12, 2008 2:33pm
well my 4 hour does not look like yours. no wonder i missed the setup... weird.
  • #15
  • Feb 12, 2008 2:42pm Feb 12, 2008 2:42pm
Hello,

Any one know what TP and SL to use?

Regards,
  • #16
  • Feb 12, 2008 5:26pm Feb 12, 2008 5:26pm
Quoting natejax
wow. nice catch Donagh. and thanks for posting the setup. i was short on the hourly nomask system but bailed because it is running late and i don't want to be held hostage in a trade. will be interesting to see what happens
Hi Nate,

My chart might be different because It is in GMT? I don't really know

I just closed this trade also for a few pips profit, It really doesn't look like its going anywhere fast.

but I like this system.
The more I wait the more I make
  • #17
  • Feb 12, 2008 8:21pm Feb 12, 2008 8:21pm
Hello nomask,
thanks for your method. It is very clearly explained in your document.
I like it very much. I would like you to confirm something for me.
When the Stoch. reaches the o/b or o/s; are you looking for the lines to cross? You don't wait for the lines to cross back over the 20 or 80 in the direction of your trade?

Thanks again

Regards
  • #18
  • Feb 13, 2008 1:42am Feb 13, 2008 1:42am
Quoting donagh_1
Hi Nate,

My chart might be different because It is in GMT? I don't really know

I just closed this trade also for a few pips profit, It really doesn't look like its going anywhere fast.

but I like this system.
Looks like I should have held on over night.
As It just made 100 pips from where I got in.
I think I have to try this system on a very small position size until I get used to it and just let it do its thing.

But Im happy to see that it looks like it works.

Thanks for sharing this Nomask
Attached Image (click to enlarge)
Click to Enlarge Name: 1bolinger trade.gif Size: 26 KB
The more I wait the more I make
  • #19
  • Feb 13, 2008 1:57am Feb 13, 2008 1:57am
Quoting donagh_1
Looks like I should have held on over night.
As It just made 100 pips from where I got in.
I think I have to try this system on a very small position size until I get used to it and just let it do its thing.

But Im happy to see that it looks like it works.

Thanks for sharing this Nomask
This seems like a decent strategy, although the exit rules need to be more defined.
  • #20
  • Last Post: Feb 13, 2008 5:46pm Feb 13, 2008 5:46pm
i set this up on 30 minute and it looks really good but i set stochs to 5. i added in pivot points. you can get some very good signals using 2 of the 3 indicators together in a variety of circumstances. i am going to be checking this out over next several days and will keep you posted.
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