Quest 100 System | Page 19 | Forex Factory

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Attachments: Quest 100 System
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Quest 100 System

  • #361
  • Mar 5, 2008 5:38pm Mar 5, 2008 5:38pm
Quoting goodbadmas
yeah but still reached the goal that u had set for this system today

1st trade,, 2 lots, 11pips.... 2nd trade 2 lots 13 pips,, 3rd trade 4 lots with 14 pip. total $$ banked was $104.

Thanks
goodbadmas
Great Job - just a different way of doing it (multiple lots to achieve the 100 pips per day).
  • #362
  • Mar 6, 2008 6:20am Mar 6, 2008 6:20am
Today may not be a good day to trade. Everyone is saving their pips for NFP tomarrow. I did notice a coupple of trades but they took like 6hrs to complete and you only would have made 20pips.

Use your own judgement.
  • #363
  • Mar 6, 2008 7:00am Mar 6, 2008 7:00am
Even though the 89SMA strategy may not have enough momentum today, it does look like their may be some good trades out there using the 13SMA. I see the EA v1.1 has opened up a GBP/USD and is up +44 pips.

To review the 13SMA strategy click HERE: http://allonq.com/pr/4128&s=14

(You can get back to the table of contents by clicking the "H" on the navigation icon at the top of the presentation)
  • #364
  • Mar 6, 2008 9:03pm Mar 6, 2008 9:03pm
Well I missed you guys today posting

I didn't trade any - did anyone else go in on any trades, if so how did they turn out - seen some that might have worked ok.
  • #365
  • Mar 6, 2008 9:20pm Mar 6, 2008 9:20pm
Quoting nealc99
Well I missed you guys today posting

I didn't trade any - did anyone else go in on any trades, if so how did they turn out - seen some that might have worked ok.
Hi Neal,
I was busy today with work but i did manage to get 2 trades today in my off time ... both trades with positive with 10 pips each

so we will had some profit today .. didnt get much time to do anything ..

will see how tomorrow goes after news

Thanks,
Goodbadmas
  • #366
  • Mar 6, 2008 9:47pm Mar 6, 2008 9:47pm
hi there,

i could not download quest 100 system in my MT4 platform. someone pls help me.

thnx...mohan
  • #367
  • Mar 6, 2008 10:08pm Mar 6, 2008 10:08pm
nealc99,
I love your system and have been demoing it on the 15 min charts as you suggest with success. I am wondering if you have suggested SMA lengths and levels for a 5 min chart, as I am used to using that TF, number of trades, and I also prefer the smaller stop loss necessary. any help very much appreciated.
Once again thanks so much for sharing you terrific system and the audio video slides presented as well.
traderdp
  • #368
  • Mar 6, 2008 10:17pm Mar 6, 2008 10:17pm
Quoting mohan
hi there,

i could not download quest 100 system in my MT4 platform. someone pls help me.

thnx...mohan
Not sure what problems your having but check out this post, hopefully it will help.

http://forexfactory.com/showpost.php...1&postcount=26
  • #369
  • Mar 7, 2008 3:19am Mar 7, 2008 3:19am
Neal.

I STILL FIND IT HARD DETERMINING when to get into a trade. If I take a risk and enter a position at the Brown line the markets sometimes still goes down below by over 100 points (extreme case). Then I have to worry about how long it stays down and whether not the gain it makes is worth it at all.

IS there no rule of thumb regarding this ?
  • #370
  • Mar 7, 2008 6:27am Mar 7, 2008 6:27am
hi seamonkey,

i did exactly like what u are mentioned. still could not load. it was appeared at custom indicators. when i click on it, no reaction on the Quest 100.
  • #371
  • Mar 7, 2008 6:50am Mar 7, 2008 6:50am
Quoting vincent001
Neal.

I STILL FIND IT HARD DETERMINING when to get into a trade. If I take a risk and enter a position at the Brown line the markets sometimes still goes down below by over 100 points (extreme case). Then I have to worry about how long it stays down and whether not the gain it makes is worth it at all.

IS there no rule of thumb regarding this ?
It can be tricky sometimes. I have added 2 slides to the avBook addressing the issue of "undercurrents" in the river, the danger of using the BROWN LINE as a early entry signal and an example of how a VALID signal can result in a negative balance exit (happens rarely).

Review this page and then do NEXT ( > ) to see the 2nd entry added. (narrated slides). http://allonq.com/pr/4128&s=24

Everybody ready for NonFarm Employment Change? Don't forget - the system (usually) does NOT give a signal for the initial surge, but we trade the "retracement" going in the opposite direction after the market has peaked out.
  • #372
  • Mar 7, 2008 7:07am Mar 7, 2008 7:07am
Quoting nealc99
It can be tricky sometimes. I have added 2 slides to the avBook addressing the issue of "undercurrents" in the river, the danger of using the BROWN LINE as a early entry signal and an example of how a VALID signal can result in a negative balance exit (happens rarely).

Review this page and then do NEXT ( > ) to see the 2nd entry added. (narrated slides). http://allonq.com/pr/4128&s=24

Everybody ready for NonFarm Employment Change? Don't forget - the system (usually) does NOT give a signal for the initial surge, but we trade the "retracement" going in the opposite direction after the market has peaked out.
Hi Neal,
if u see something can u post it here pls ? Since you are the expert of this system ?
Thanks
Goodbadmas
  • #373
  • Mar 7, 2008 7:45am Mar 7, 2008 7:45am
I will be in this room for about the next 2 hours - testing out LIVE broadcasting of charts and voice.

Feel free to join me: http://vyew.com/room#/850804/TradingRoom

NOTE: once your screen fully loads you might want to do an F11 (Internet explorer) to go FULL SCREEN (then you can F11 to toggle it back to regular browser when you leave). You'll be able to see more of the chart that way.

Also (unfortunately) you have the ability to draw on the screen - please don't could be distracting to others. Voice is also available.
  • #374
  • Mar 7, 2008 9:11am Mar 7, 2008 9:11am
Hope those of you who were able to join me in the LIVE trading session found it usefully.

Will try to hold more LIVE sessions in the future.
  • #375
  • Mar 7, 2008 9:48am Mar 7, 2008 9:48am
Here is one of the trades we took this morning in the LIVE trading session.

ENTERED once the large upward spikes settled down due to NonFarm Employment Change, then continued in a downward trend till it "almost" (within 1-2 pips) touched the exit line. A little later it produced a clean exit by piercing the exit line.

Trade would have yielded +34 pips (I got a little trigger happy and set a tight 15pip stop loss which took us out a little early). Hey, I'm still learning too - LOL

Be sure and MONITOR USD/JPY and EUR/JPY - they are positioning themselves for SELL signals over the next hour or two.
Attached Image (click to enlarge)
Click to Enlarge Name: 2008-03-07_0939.png Size: 53 KB
  • #376
  • Mar 7, 2008 11:25am Mar 7, 2008 11:25am
USD/CAD setting up for a good sell signal - keep an eye out for it.
  • #377
  • Mar 7, 2008 1:34pm Mar 7, 2008 1:34pm
Quoting nealc99
Hope those of you who were able to join me in the LIVE trading session found it usefully.

Will try to hold more LIVE sessions in the future.
I was at work and could only stay a little bit, but from what I saw I liked it. Will be looking forward to others, hopefully I'll be off work when you have them. I think I can learn a lot from watching you explain the trades live.

Thanks again for all your hard work
  • #378
  • Mar 7, 2008 6:31pm Mar 7, 2008 6:31pm
Thanks Neal, yes it's good to know about the risks involved and it is primarily about determining when to enter once the trade has passed over the Brown line. On most occasions it doesn't seem to go on more than 40-50 points past/through the brown line. It's a pity there isn't an indicator as to when we can possibly enter here. Of course one can't determine the outcome of how exactly the fundamentals will affect the market.
  • #379
  • Edited 1:49am Mar 9, 2008 1:35am | Edited 1:49am
Hello Neal,

I just finished your avBook and wish to thank you for this great method.

My next obvious question is - what are the settings for GBPJPY? I am sorry if you have mentioned those between pages 3 and 24 because I have not yet read them... my impatience led me to write this post asking for it.

Meanwhile, I will try to find out what those settings are... if you can then please post the settings as a reply to my post .

Thanks,
-A.
  • #380
  • Mar 10, 2008 7:58am Mar 10, 2008 7:58am
Quoting apume
Hello Neal,

I just finished your avBook and wish to thank you for this great method.

My next obvious question is - what are the settings for GBPJPY? I am sorry if you have mentioned those between pages 3 and 24 because I have not yet read them... my impatience led me to write this post asking for it.

Meanwhile, I will try to find out what those settings are... if you can then please post the settings as a reply to my post .

Thanks,
-A.
Still determining the setting for GBP/JPY for the latest template (v1.3). It is a little more unruley than most of the less volitile pairs.
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