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Quest 100 System

  • #321
  • Mar 4, 2008 11:48am Mar 4, 2008 11:48am
Looks like we are getting a buy signal on A/U using the new 89SMA aura, template v1.3, but with one exception, we are past our trading hour window.

TimeFreedom
Attached Image (click to enlarge)
Click to Enlarge Name: quest100_v1.2_audusd_03-04-08_01.gif Size: 35 KB
  • #322
  • Mar 4, 2008 11:57am Mar 4, 2008 11:57am
Quoting TimeFreedom
Looks like we are getting a buy signal on A/U using the new 89SMA aura, template v1.3, but with one exception, we are past our trading hour window.

TimeFreedom
Trading hours apply to the EA since it's unattended.

I do agree though that I would be cautious getting this late in the market session. There will not be as much activity and the river could turn even though the market don't move much (you know how SMA's gravitate to what the market is doing). Of course since it's AUD/USD and Sydney market is one of the first to open you will probabbly be fine... noticed it's up to 0.9259 and moving up.

I am currently in a USD/CAD SELL that I feel comfortable with (got into a little while ago when price was at 0.9950 (17:24 GMT) when it ALMOST touched the signal, then started going back down.... then went back up and pierced through the SELL signal.
  • #323
  • Mar 4, 2008 2:16pm Mar 4, 2008 2:16pm
MANUAL trades on LIVE account for March 4, 2008

2008.03.04 18:03 buy usdcad 0.9930 to 0.9950 +20 pips
2008.03.04 18:16 buy usdchf 1.0361 to 1.0363 +2 pips (got gun shy when it turned)
2008.03.04 19:06 buy audusd 0.9242 to 0.9252 +10 pips (got gun shy)
2008.03.04 19:08 buy eurjpy 156.33 to 156.54 +21 pips
2008.03.04 19:24 sell usdcad 0.9950 to 0.9938 +12 pips (close to signal but just got tired of being in the trade)

Today's totals: +65 pips (bad day, only 2/3 to my goal )

If I had "followed the exits" like the system says I would have reached or at least come close to my goal.

Well, with time my balance will build and will be more comfortable staying in trades

Account balance increase since start (Feb 26, 2008) - UP 59% (no kidding)
  • #324
  • Mar 4, 2008 2:23pm Mar 4, 2008 2:23pm
You ask (I know cause my ears are burning), what pairs are you monitoring to see if there are eligible trades?

EUR/USD, USD/JPY, USD/CAD, GPB/USD, USD/CHF, AUD/USD, EUR/CHF, EUR/JPY

I also hear you asking "Why don't you start a LIVE trading room?" well I may in a few weeks. It will eventually be subscription only but free for a period of time.
  • #325
  • Mar 4, 2008 3:12pm Mar 4, 2008 3:12pm
Guess this is what happens when you are monitoring too many pairs.

How could I have MISSED this bueaty... and it's still going....
Attached Image (click to enlarge)
Click to Enlarge Name: 2008-03-04_1706.png Size: 55 KB
  • #326
  • Mar 4, 2008 3:18pm Mar 4, 2008 3:18pm
Quoting nealc99
Guess this is what happens when you are monitoring too many pairs.

How could I have MISSED this bueaty... and it's still going....
its still going but as per rules you would have exited at the exit line for buy right ???

do u think it would be a good idea to trade 2 or more lots and exit 1 lot ad the exit line, carry on the other lots and exit as it goes on .. ??

Thanks,
Goodbadmas

P.S. I did take few trades using this method and banked about 45 pips today !
  • #327
  • Mar 4, 2008 3:38pm Mar 4, 2008 3:38pm
Quoting goodbadmas
its still going but as per rules you would have exited at the exit line for buy right ???

do u think it would be a good idea to trade 2 or more lots and exit 1 lot ad the exit line, carry on the other lots and exit as it goes on .. ??

Thanks,
Goodbadmas

P.S. I did take few trades using this method and banked about 45 pips today !
Great Job! on the 45 pips...

The trade would have been entered on the 89SMA BUY signal, but since it was going good when it got up to the exit point we have the option of continuing in the trade by shifting over to the 13SMA rules then exiting based on them.

If you can sustain 2 lots (depends on the size of your account) - yes it's always good to do 2 lots on a GOOD trade and exit 1 and let the other trailing stop out.
  • #328
  • Mar 4, 2008 3:44pm Mar 4, 2008 3:44pm
Quoting nealc99
Great Job! on the 45 pips...

The trade would have been entered on the 89SMA BUY signal, but since it was going good when it got up to the exit point we have the option of continuing in the trade by shifting over to the 13SMA rules then exiting based on them.

If you can sustain 2 lots (depends on the size of your account) - yes it's always good to do 2 lots on a GOOD trade and exit 1 and let the other trailing stop out.
Thanks .... now that makes sense to me .. will try that on next time i see it moving good in our direction ...

Thanks again for the great system

Goodbadmas
  • #329
  • Mar 4, 2008 5:51pm Mar 4, 2008 5:51pm
Missed the AUDUSD trade while posting.

TimeFreedom

Quoting TimeFreedom
Looks like we are getting a buy signal on A/U using the new 89SMA aura, template v1.3, but with one exception, we are past our trading hour window.

TimeFreedom
Attached Image (click to enlarge)
Click to Enlarge Name: quest100_03-04-08_03.png Size: 63 KB
  • #330
  • Mar 4, 2008 6:08pm Mar 4, 2008 6:08pm
Quoting TimeFreedom
Missed the AUDUSD trade while posting.

TimeFreedom
Yep - I'm proud of all of you that are catching the signals!
  • #331
  • Mar 4, 2008 6:13pm Mar 4, 2008 6:13pm
Quoting nealc99
Yep - I'm proud of all of you that are catching the signals!
cant wait for the new EA to come ... how is it coming along ? i tried the last one and got 3 losing trades with it ... dont know why on one of the setup usdchf this morning was the buy and it moved a little up and for some reason EA opeaned up short on it ... lolz ...

so will wait for new one to see how it does ..


Thanks,
Goodbadmas
  • #332
  • Mar 4, 2008 10:58pm Mar 4, 2008 10:58pm
EA didnt perform well on 4/3/2008

6 losses all together
  • #333
  • Mar 5, 2008 12:01am Mar 5, 2008 12:01am
Neal, you have made an splendid effort with this trading system but it would be great to see an EA for it.
  • #334
  • Mar 5, 2008 12:16am Mar 5, 2008 12:16am
Weird. The trade was executed at 21:15.
I have "Start time" setting at default.
My broker time has +2 GMT offset.

And was that supposed to be BUY there?
Attached Image (click to enlarge)
Click to Enlarge Name: 2008-03-05_151048.png Size: 68 KB
  • #335
  • Mar 5, 2008 2:27am Mar 5, 2008 2:27am
Anybody trade this pair with the EA?
Do you have SELL postion now (by the time this message was posted)?
  • #336
  • Mar 5, 2008 2:45am Mar 5, 2008 2:45am
Nice method no doubt & for me this week in the manual mode +125 as of now. I would be great if the EA can be refined to a point that it filters the questionable trade, but for now trading in the manual mode works great for me. Have traded the E/$, E/Y & $/CAD with on loser & on closed @ break even. Total of 15 trades so far. The loser would have eventually be a winner, but it was near close on Friday & I did not desrie to hold it over the weekend.

Neal, thanks for sharing & I wish you the best with the refinement of the EA.

AceTrader
  • #337
  • Mar 5, 2008 3:24am Mar 5, 2008 3:24am
Quoting acetrader
Nice method no doubt & for me this week in the manual mode +125 as of now. I would be great if the EA can be refined to a point that it filters the questionable trade, but for now trading in the manual mode works great for me. Have traded the E/$, E/Y & $/CAD with on loser & on closed @ break even. Total of 15 trades so far. The loser would have eventually be a winner, but it was near close on Friday & I did not desrie to hold it over the weekend.

Neal, thanks for sharing & I wish you the best with the refinement of the EA.

AceTrader
Agree with you, Acetrader. This is one of the best system I found so far. I took 6 manual trades for a total of +109 pips in my live acc. in 2 days.
Great job, Neal.
  • #338
  • Mar 5, 2008 4:09am Mar 5, 2008 4:09am
Quoting danzell
Weird. The trade was executed at 21:15.
I have "Start time" setting at default.
My broker time has +2 GMT offset.

And was that supposed to be BUY there?
I had the same issue (look in my previous post) so it's probably a bug in the Ea. I guess, Nealc will try to fix it
  • #339
  • Mar 5, 2008 4:53am Mar 5, 2008 4:53am
Trading for March 4, 2008 with Quest100_v1.1 EA:

2604057 2008.03.04 02:02 buy audusd @ 0.9390 to 0.9375 -15 pips
2610734 2008.03.04 12:45 sell audusd @ 0.9300 to 0.9319 -19 pips
2611574 2008.03.04 13:30 sell eurchf @ 1.5758 to 1.5779 -20 pips
2617308 2008.03.04 19:00 buy usdcad @ 0.9957 to 0.9941 -16 pips

Today's total: -70 pips

All losers - not a good day for the EA.
  • #340
  • Mar 5, 2008 4:55am Mar 5, 2008 4:55am
Quoting danzell
Weird. The trade was executed at 21:15.
I have "Start time" setting at default.
My broker time has +2 GMT offset.

And was that supposed to be BUY there?
v1.1 EA doesn't trade the 89SMA - that's why it looks odd. It is trading the 13SMA alone.
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