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Attachments: Viking_1975 System
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Viking_1975 System

  • #21
  • Feb 11, 2008 8:53pm Feb 11, 2008 8:53pm
Trade made during asian session!
Attached Image (click to enlarge)
Click to Enlarge Name: ej3.JPG Size: 94 KB
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  • #22
  • Feb 11, 2008 9:08pm Feb 11, 2008 9:08pm
Hi Chris,
i get your 1 hr and daily charts entries and exits .. i get your exits on the 5 min chart but i dont get the entries on 5 min .. can you please explain more ? also what is the red dot on your chart ?? the last one that u have in the asian session ...

Thanks,
Goodbadmas
  • #23
  • Edited Feb 12, 2008 9:07am Feb 11, 2008 9:09pm | Edited Feb 12, 2008 9:07am
Hi Chris and All,

The Ventex program will not be used by this method.
A new program has been written to use the same method and it will be released later (ignore the title of this post).

With Regards,
chandra
  • #24
  • Feb 11, 2008 9:13pm Feb 11, 2008 9:13pm
Quoting goodbadmas
Hi Chris,
i get your 1 hr and daily charts entries and exits .. i get your exits on the 5 min chart but i dont get the entries on 5 min .. can you please explain more ? also what is the red dot on your chart ?? the last one that u have in the asian session ...

Thanks,
Goodbadmas
Happy to answer! As you see the ventex is blue signaling long trades...that long trade was taken with the slope indicator as the trigger for the long trade..the stop is at the ventex level and first target the autofib level..you can also take first profit at the slope direction change..hope this helps.
Push yourself to your fullest potential!!
  • #25
  • Feb 11, 2008 9:13pm Feb 11, 2008 9:13pm
Hi Chris,

In the first post, can you include the links for your post with all the attachments? That will make it easier for new visitors (or you can just tell the post number where the attachments can be found). You can also include a link to my post where I explain V-Entex. I will add the details for the IFT-RSI later.

Regards,
chandra
  • #26
  • Feb 11, 2008 9:15pm Feb 11, 2008 9:15pm
Quoting achandrasekaran99
Hi Chris and All,

Here is some Details about what is done in V-Entex.

The Entex program was created by one of Imran's thread member Axisman. It uses a method called HiLo Moving Average Band. You can read the details in the following links (which were checked now; first two are same article):
http://www.esignallearning.com/educa...803/082903.asp
http://ragingbull.quote.com/bullseye/node/137
http://www.hdfcsec.com/KnowledgeCent...8-438c480e86e7

It uses two moving averages (one made up by bar Highs and other made by bar Lows). The plot shows only one of the two, depending on which side the price is. These lines are considered as Support or Resistance.

The V referes to Variable. The period (number of bars) is flexible. Unlike fixed bar moving averages, this program uses the ATR of recent bars to change the speed of these two MAs. In slow market it uses the given period of MAs and in fast markets it reduces the number of bars to make a quicker respsonse to price changes. The flexibility can be controlled by PipStep Input. (TimeFrame=0 will use current chart TF and -1 will use next higher TF.)

These are the details of the V-Entex. But one can use it without bothering about the details too much.

With Regards,
chandra
Hi Chandra,
Thanks because I'm not smart enough to explain it as brilliantly as you did. Thanks my friend!

Best Regards,
Chris
Push yourself to your fullest potential!!
  • #27
  • Feb 11, 2008 9:16pm Feb 11, 2008 9:16pm
Quoting achandrasekaran99
Hi Chris,

In the first post, can you include the links for your post with all the attachments? That will make it easier for new visitors (or you can just tell the post number where the attachments can be found). You can also include a link to my post where I explain V-Entex. I will add the details for the IFT-RSI later.

Regards,
chandra
Hi Chandra,
I will do just that! Thanks for your help!

Best regards,
Chris
Push yourself to your fullest potential!!
  • #28
  • Feb 11, 2008 9:18pm Feb 11, 2008 9:18pm
Quoting viking1975
Happy to answer! As you see the ventex is blue signaling long trades...that long trade was taken with the slope indicator as the trigger for the long trade..the stop is at the ventex level and first target the autofib level..you can also take first profit at the slope direction change..hope this helps.

Thanks Chris,
now its making a lot of sense to me ... now i see the beauty of this system looks great ..

cheers and i will reply with my results

Goodbadmas
  • #29
  • Feb 11, 2008 9:19pm Feb 11, 2008 9:19pm
Quoting viking1975
Happy to answer! As you see the ventex is blue signaling long trades...that long trade was taken with the slope indicator as the trigger for the long trade..the stop is at the ventex level and first target the autofib level..you can also take first profit at the slope direction change..hope this helps.
Hi Chris,
Based on this why was the entry not at 155.37 (or around that) on first chart?

Thanks,
BK
  • #30
  • Feb 11, 2008 9:23pm Feb 11, 2008 9:23pm
Hi Bk, What chart you talking about so i'm not confusing myself..lol. I am sure I have good or at least some good reason for it...just kidding...please reference what chart and i will be explain.

Best regards,
Chris
Push yourself to your fullest potential!!
  • #31
  • Feb 11, 2008 9:25pm Feb 11, 2008 9:25pm
Quoting viking1975
Hi Bk, What chart you talking about so i'm not confusing myself..lol. I am sure I have good or at least some good reason for it...just kidding...please reference what chart and i will be explain.

Best regards,
Chris
EJ 5 min
http://www.forexfactory.com/attachme...8&d=1202770048

In Imran's trading room we were discussing first chart. Just waiting your inputs on the same to get better understanding.
  • #32
  • Feb 11, 2008 9:28pm Feb 11, 2008 9:28pm
To everyone,
I was a new trader like many of you..or your a seasoned one watching this thread my goal and my desire is to make everyone profitable trades..my goal is to make a system work..or all together find a system together that makes us all flithy rich...if anyone is opposed to that well..not sure how much i can help than...
Push yourself to your fullest potential!!
  • #33
  • Feb 11, 2008 9:31pm Feb 11, 2008 9:31pm
Quoting ffbk
EJ 5 min
http://www.forexfactory.com/attachme...8&d=1202770048
thanks bk! I see what your talking about..the reason the trade is not made is that is not in agreement with the ventex...yes that trade would have been profitable..but that trade could have wound up and bit u bad without trading philosophy based on discipline...the ventex makes u take trades in a trend direction and it makes you be disciplined...i hope this helps..and sorry if this not a good explanation...

Best to you BK,
Chris
Push yourself to your fullest potential!!
  • #34
  • Feb 11, 2008 9:34pm Feb 11, 2008 9:34pm
Quoting viking1975
thanks bk! I see what your talking about..the reason the trade is not made is that is not in agreement with the ventex...yes that trade would have been profitable..but that trade could have wound up and bit u bad without trading philosophy based on discipline...the ventex makes u take trades in a trend direction and it makes you be disciplined...i hope this helps..and sorry if this not a good explanation...

Best to you BK,
Chris
Thanks but i am still confused. :-)
First the slope turned.
Then ventex was red few pips below.
But we waited till 155.19. Just trying to figure out how this figure came?
Is it because of the next candle below blue ventex of past?

Thanks a lot of quick replies.
BK
  • #35
  • Feb 11, 2008 9:35pm Feb 11, 2008 9:35pm
sometimes you win sometimes you lose! It's forex life.
Attached Image (click to enlarge)
Click to Enlarge Name: ej3.JPG Size: 94 KB
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  • #36
  • Feb 11, 2008 9:36pm Feb 11, 2008 9:36pm
hey Vintage,
whats the use of RSI and Lag ?? did i miss that explanation someplace ??

Goodbadmas
  • #37
  • Feb 11, 2008 9:41pm Feb 11, 2008 9:41pm
Quoting ffbk
Thanks but i am still confused. :-)
First the slope turned.
Then ventex was red few pips below.
But we waited till 155.19. Just trying to figure out how this figure came?
Is it because of the next candle below blue ventex of past?

Thanks a lot of quick replies.
BK
It's okay BK...good questions...i was away from the computer during this time after the short trade..but i will watch when this happens and come up with a rule for it...but at first glance i am going to wait for clear direction before placing a trade again...price was ranging alot at that time..soo maybe we need to add a indicator that helps us weed out those times..maybe ADX or Bollinger Bands...thanks for the questions BK they are good ones!!

Best Regards,
Chris
Push yourself to your fullest potential!!
  • #38
  • Feb 11, 2008 9:42pm Feb 11, 2008 9:42pm
Quoting goodbadmas
hey Vintage,
whats the use of RSI and Lag ?? did i miss that explanation someplace ??

Goodbadmas
Hi goodbadmas, The IFT-RSI will be explained later on!

Best Regards,
Chris
Push yourself to your fullest potential!!
  • #39
  • Feb 11, 2008 9:44pm Feb 11, 2008 9:44pm
Please demo trade or use micro-lots as this is testing a system..i am being bold and using more but please use common sense.
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  • #40
  • Feb 11, 2008 9:49pm Feb 11, 2008 9:49pm
Down the road here I would like to get a chat-room on skype or someplace else based on this trading method or it's modified version...i will give this method a few weeks to get going and than open up a room..all interested please let me know..Thanks in advance!

Chris
Push yourself to your fullest potential!!
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