Seems like everyone is enjoying IMRAN bro's system.
Good luck all.
Happy Earning!
Good luck all.
Happy Earning!
- Post #6,204
- Quote
- Jan 31, 2008 9:36pm Jan 31, 2008 9:36pm
Ok, I wanted to make a proposal to the seasoned/successful traders of this method. I think most of us have a fairly good idea of how to use the indicators Imran has layed out (and then the ones added later by other traders), however, there are several other things to look for that's included in just about any method of trading, as pointed out several times before. Maybe some of you guys/gals could give us a quick rundown of what all you look for and how it applies to this method - right when you first glance at the chart (e.g. price in relation to certain indicators, candlesticks, etc). It seems some traders might have an understanding of certain fundamental techniques of technical trading, but get a little confused or lost sometimes when trying to apply them to different methods. It might help some us get on the right track and probably become less discouraged when something doesn't go the way we thought.
Just a thought anyway. I know I'm curious how some of you 'Simple Method' veterans or even general Forex veterans handle this system from start to finish beyond using just the core indicators. I know a lot of us would really appreciate it.
Just a thought anyway. I know I'm curious how some of you 'Simple Method' veterans or even general Forex veterans handle this system from start to finish beyond using just the core indicators. I know a lot of us would really appreciate it.
- Post #6,205
- Quote
- Edited Feb 1, 2008 12:14am Jan 31, 2008 11:20pm | Edited Feb 1, 2008 12:14am
- Joined Dec 2007 | Status: Member | 350 Posts
Ok, I wanted to make a proposal to the seasoned/successful traders of this method. I think most of us have a fairly good idea of how to use the indicators Imran has layed out (and then the ones added later by other traders), however, there are several other things to look for that's included in just about any method of trading, as pointed out several times before. Maybe some of you guys/gals could give us a quick rundown of what all you look for and how it applies to this method - right when you first glance at the chart (e.g. price in relation to certain indicators, candlesticks, etc). It seems some traders might have an understanding of certain fundamental techniques of technical trading, but get a little confused or lost sometimes when trying to apply them to different methods. It might help some us get on the right track and probably become less discouraged when something doesn't go the way we thought.
Just a thought anyway. I know I'm curious how some of you 'Simple Method' veterans or even general Forex veterans handle this system from start to finish beyond using just the core indicators. I know a lot of us would really appreciate it.
I want to post letting all of you know I Found a great feed back method. We all know the clarity20/20 of hindsight in tradable markets and in life.
Wazzuvius, you mentioned last week you were interested in screen shots of the zup indicator(which is the only indicator you really need).
So, when Wazzuvius mentions this I remembered reading in the zup material that screen shot are the best type of feed back. I new this already although had not really explored it use.
I found, through my Gmail account on google, That they have Google PICASA2. Picasa2 allows you to view pictures and organize them for upload to google web albums for public or private viewing(with or without password). The really cool part is when you have the screen shots on your hard drive and your viewing them in Picasa2 you can scroll through your screenshots, if you have a roller scroll button its even better. When you scroll though your screen shots it is like a little movie of the market movements.
I have uploaded pretty many screen shots of imrans system and those that have the Zup73 and zup73/zup71 tpl there aswell.Many of you probably already do this, but, I have learned a thousand time more in a few days than I have in weeks and I want to share how cool Picas2 is and want to share it with all of you so you too can see what I mean by little movie.
I especially think this movie style feedback vital to learning Zup because once the market move forward you can not recreate what the Zup does.
If you do try checking out my web albums you will have to get Picasa2 and you might have to get a gmail email account And you can scroll through this screenshots faster if you download the screenshots. I realize you all might already have similair programs to scroll through pics I just want to share what I learned.
I have screenshots of 5m-Imrans, 5m,15m,30m,60m,240m,daily and weekly(one or two) charts screenshots of GBP/JPY and gold there. I tried to keep the screenshots consistant but there not all perfect. But, there are some incredible feedback here.
Thanks everybody
Pipimintpatie AKA MoneyJunkie
http://picasaweb.google.com/pipimint
want to add that if anyone trys to get gmail and they tell you that you need a invite to gmail just private message me and i will try to invite you. I have never invited any one and i don't know if they require an invite now a days but if they do i 'll get you in there if I can.Thanks again everyboby.
Also, you can set picas2 to search specific locations or folders when it is on.It's like picas2 was made with screenshots and traders in mind,hence, picture viewing.When I take a sceen shot and save it, when picasa2 is on, a little window shoots out from the edge of the screen notifying picasa recieved the photo or screenshot. Just want to mention that with the Zup indicators,I noticed that even if there is no pattern being diplayed that almost every sigle time the price touches key ratios to previous prices that the price instanly changes directions. I have been able to enter trades way ahead of time and I use Imran's system as comformation. The 15m and 30m with the Zup are very powerful regarding there ratios. In a very short time with proper feedback like what I'm sharing now you wil instantly recognise thes ratios as you becume farmilair withem and the key ratios are highlighted automatically by the zup. Go slowly through my screen shots and you will see how powerfull these ratios are and trust them and you will be in trades that will blow your minds.
Please let me know what you all think about all this because I have learned that, like another great trader once said in a similair way, that,
"where thought goes energy flows " Damo12
And I want to add
"Where feedback flows, intelligence grows"
-Pipimintpatie/MoneyJunkie
Intelligence Grows Where Feedback Flows
- Post #6,206
- Quote
- Feb 1, 2008 12:37am Feb 1, 2008 12:37am
Ok, I wanted to make a proposal to the seasoned/successful traders of this method. I think most of us have a fairly good idea of how to use the indicators Imran has layed out (and then the ones added later by other traders), however, there are several other things to look for that's included in just about any method of trading, as pointed out several times before. Maybe some of you guys/gals could give us a quick rundown of what all you look for and how it applies to this method - right when you first glance at the chart (e.g. price in relation to certain indicators, candlesticks, etc). It seems some traders might have an understanding of certain fundamental techniques of technical trading, but get a little confused or lost sometimes when trying to apply them to different methods. It might help some us get on the right track and probably become less discouraged when something doesn't go the way we thought.
Just a thought anyway. I know I'm curious how some of you 'Simple Method' veterans or even general Forex veterans handle this system from start to finish beyond using just the core indicators. I know a lot of us would really appreciate it.
http://www.forexfactory.com/images/icons/icon14.gifhttp://www.forexfactory.com/images/icons/icon14.gifhttp://www.forexfactory.com/images/icons/icon14.gif
My thoughts exactly.
I am also a novice in this forum and trade forex for about 2 years now.
It would be nice if veteran traders could put up a picture of there entry to the trade with a few words ( why they choose this trade, etc)
it would really help us ....
Keep on the good work everybody
P.SO.
Sorry for my English, it is not my first language
- Post #6,207
- Quote
- Feb 1, 2008 6:03pm Feb 1, 2008 6:03pm
[quote=Pipimintpati
I saw your picasa presentation, really good, what is the indicator that you have on charts that has many dots a nd then creates colour filled triangles, and how is it used - thanks
I saw your picasa presentation, really good, what is the indicator that you have on charts that has many dots a nd then creates colour filled triangles, and how is it used - thanks
- Post #6,209
- Quote
- Feb 2, 2008 11:08am Feb 2, 2008 11:08am
- | Commercial Member | Joined Nov 2007 | 1,296 Posts
- Post #6,210
- Quote
- Feb 2, 2008 3:37pm Feb 2, 2008 3:37pm
Imran / Chandra and everyone else.
On the attached chart:
A : for: all ind, lags are set up for a short
against: ct trade - 60 above 200 and both rising
about 80pip move from entry level
C : for: all ind, lags are set up for a short
against: ct trade - 60 above 200 and both rising, BB pointing up
about 60 pip move
B & D : for: all ind, lags are set up for a long, 60 above 200 and pointing up
against: BB maybe pointing down
My question here is I do not know how to deal with the trade B and D lags move, we have the blue crossing above 0.15 and moving up, at the same time we have the red lags coming down - yellow oval areas, so what do these conditions say, can we enter or wait for the to start turning and point upwards? Which of the two - red/blue is stronger to follow.
I remember Imran saying to follow blue for entry and red for exits. As seen from this scenario, the prices kept moving up and forced the red to follow.
Chandra you seem to have agood hold on this method and your input will be very much appreciated.
On the attached chart:
A : for: all ind, lags are set up for a short
against: ct trade - 60 above 200 and both rising
about 80pip move from entry level
C : for: all ind, lags are set up for a short
against: ct trade - 60 above 200 and both rising, BB pointing up
about 60 pip move
B & D : for: all ind, lags are set up for a long, 60 above 200 and pointing up
against: BB maybe pointing down
My question here is I do not know how to deal with the trade B and D lags move, we have the blue crossing above 0.15 and moving up, at the same time we have the red lags coming down - yellow oval areas, so what do these conditions say, can we enter or wait for the to start turning and point upwards? Which of the two - red/blue is stronger to follow.
I remember Imran saying to follow blue for entry and red for exits. As seen from this scenario, the prices kept moving up and forced the red to follow.
Chandra you seem to have agood hold on this method and your input will be very much appreciated.
- Post #6,214
- Quote
- Feb 2, 2008 4:44pm Feb 2, 2008 4:44pm
- | Membership Revoked | Joined Jul 2007 | 223 Posts
Imran / Chandra and everyone else.
On the attached chart:
A : for: all ind, lags are set up for a short
against: ct trade - 60 above 200 and both rising
about 80pip move from entry level
C : for: all ind, lags are set up for a short
against: ct trade - 60 above 200 and both rising, BB pointing up
about 60 pip move
B & D : for: all ind, lags are set up for a long, 60 above 200 and pointing up
against: BB maybe pointing down
My question here is I do not know how to deal with the trade B and D lags move, we have the blue crossing above 0.15 and moving up, at the same time we have the red lags coming down - yellow oval areas, so what do these conditions say, can we enter or wait for the to start turning and point upwards? Which of the two - red/blue is stronger to follow.
I remember Imran saying to follow blue for entry and red for exits. As seen from this scenario, the prices kept moving up and forced the red to follow.
Chandra you seem to have agood hold on this method and your input will be very much appreciated.
Hope this helps,
Chris
Push yourself to your fullest potential!!
- Post #6,215
- Quote
- Feb 2, 2008 4:46pm Feb 2, 2008 4:46pm
- | Membership Revoked | Joined Jul 2007 | 223 Posts
Push yourself to your fullest potential!!
- Post #6,216
- Quote
- Edited 5:35pm Feb 2, 2008 4:55pm | Edited 5:35pm
- | Joined Feb 2006 | Status: Member | 476 Posts
- Post #6,217
- Quote
- Feb 2, 2008 5:28pm Feb 2, 2008 5:28pm
- | Joined Feb 2006 | Status: Member | 476 Posts
Imran / Chandra and everyone else.
On the attached chart:
A : for: all ind, lags are set up for a short
against: ct trade - 60 above 200 and both rising
about 80pip move from entry level
C : for: all ind, lags are set up for a short
against: ct trade - 60 above 200 and both rising, BB pointing up
about 60 pip move
B & D : for: all ind, lags are set up for a long, 60 above 200 and pointing up
against: BB maybe pointing down
My question here is I do not know how to deal with the trade B and D lags move, we have the blue crossing above 0.15 and moving up, at the same time we have the red lags coming down - yellow oval areas, so what do these conditions say, can we enter or wait for the to start turning and point upwards? Which of the two - red/blue is stronger to follow.
I remember Imran saying to follow blue for entry and red for exits. As seen from this scenario, the prices kept moving up and forced the red to follow.
Chandra you seem to have agood hold on this method and your input will be very much appreciated.
Trade A is a Sharp Reversal and generally better to keep away. Though one with knowledge of divergence and candle patterns, could have done very well, that is not part of this method. This is high risk point because the trend could have resumed and gone up fast. At this point it was not clear whether it is Trending or Ranging.
The rest of the market is Ranging. Though trade C is OK with red and blue agreeing on down move, it is within a choppy range. Trades B and D also come within this Ranging time. In Ranging market, you can scalp using only blue lag and tight/proper SL. But, there can be a major move anytime and it can be against us. So, it would be best to leave all these, unless you are experienced.
I think this chart does not have any Simple setup for trading.
Generally though, Red lag is good to follow in Trending market and Blue is good for Wide Ranging market. If the Ranging is small, we cannot make anything but loss. What is wide/small range depends on one's experience!
Regards,
chandra
- Post #6,218
- Quote
- Feb 2, 2008 5:49pm Feb 2, 2008 5:49pm
- | Membership Revoked | Joined Jul 2007 | 223 Posts
Push yourself to your fullest potential!!
- Post #6,220
- Quote
- Feb 2, 2008 8:19pm Feb 2, 2008 8:19pm
- | Joined Feb 2006 | Status: Member | 476 Posts