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Simplicity is the Key

  • #2,521
  • Apr 16, 2008 7:23pm Apr 16, 2008 7:23pm
Quoting hansel
CJ - Are these trades taken from one hour or four hour charts?
i just look at dailies and trade with the trend.
1h and 4h are for good entries. if i see a 'decent' entry on the daily , i take it, since i don't mind positions going -40 , or -50.

today for example, i have stop order entries....that means i'm too lazy to analyze whats' going to happen,so i just put these orders in place, just in case the trend wants to continue.

CJ.-
  • #2,522
  • Apr 17, 2008 8:07am Apr 17, 2008 8:07am
Quoting ZeeJay
i just look at dailies and trade with the trend.
1h and 4h are for good entries. if i see a 'decent' entry on the daily , i take it, since i don't mind positions going -40 , or -50.

today for example, i have stop order entries....that means i'm too lazy to analyze whats' going to happen,so i just put these orders in place, just in case the trend wants to continue.

CJ.-

I'm still in doubts- How do I know the Cpair 2 choose 4 hedging?
  • #2,523
  • Apr 17, 2008 8:18am Apr 17, 2008 8:18am
Quoting Leigh
This is my chart setup.
I hope that it helps.

Leigh.
Leigh, looking at your chart setup, when do u enter 4 LONG or SHORT positions? I guess u don't place STOP LOSS or TAKE PROFIT orders. Do u make any trade analysis based on your indicators for hedging?

Thanks
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  • #2,524
  • Apr 17, 2008 9:05am Apr 17, 2008 9:05am
Hello all,
Wow a few hours i am out of circulation and a lot of posting already. I hope everyone are enjoying and learning while you are at this thread. CJ -- is now a master trader . imbiber is also a master trader and thanks for sharing to our new trader. I really happy that you guys are getting that real confident in trading. Are we trading live already??? I always said to myself when trading demo treat it as if it is live and money are real. When trading live treat it as if it is a demo. This way you can eliminate that emotions. Anyways my Long term trading the one i opened yesterday has already collected a total of 1186 pips and still counting.. ihope. Good luck, guys and welcome to Timex. oppps...Inway- you have a posting at the other thread, do you mind deleting it there and then repost it here in this thread.. that was a signal thread. thanks
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  • #2,525
  • Apr 17, 2008 9:25am Apr 17, 2008 9:25am
Quoting trader101
Ok Here is the EA for testing:
Specification:
Pairs to trade: GU, GJ, UJ, AJ, EJ & GC (exclusive)
Trade Time: All times
Extern Var: lot set @ 0.1, SL set @ 300, TP set @ 300
Time Frame: 1 hour (strictly)
Indicators Reqd: Normal Indicators (that comes with the MT4Platform)
Minimum Equity : $3000.00
EA Status: Backtest complete, Forward test in progress
Close Trade On Friday: Manually b4 close or leave it open.
QuickStart setting: False (default)
EA expiry: 5-10-2008
Expection : 100 pips per pair per week
Notes: Please do not change the SL and TP. Keep it open even during Newstime.
Remember this EA??? Attached is the statement to date of this EA. I started the demo account at $3,000 and it is slowly gaining ground now. I think i am almsot 300 pips now and my target should be 500-600 for the week. A little rough at the beginning as the week progress so is the EA. If anyone who wants to monitor this live, PM me and i will give you the password to this account.
Attached File(s)
File Type: zip TDelightStatement.zip   3 KB | 307 downloads
  • #2,526
  • Apr 17, 2008 9:35am Apr 17, 2008 9:35am
Trader101, would you recommend that we take those long term trades you posted or is too late already.
  • #2,527
  • Apr 17, 2008 9:55am Apr 17, 2008 9:55am
Quoting hansel
Trader101, would you recommend that we take those long term trades you posted or is too late already.
Too Late already, Hansel, You should wait for the beginning of the new daily candle( around 5:00 PM DST for NF, 7:00PM for IBFX) then make the analysis there. I dotn know i might even close my position by that time.
  • #2,528
  • Apr 17, 2008 10:02am Apr 17, 2008 10:02am
Here is another EA which I called; TRADER'S BEST. This i have demo for 2 weeks and look at the attached statement. This is an awesone EA. Test run this. Make sure that you have all 14 cPair on trade because of the hedging property of the EA.

Specification:
Pairs to trade: 14 curr GU, GJ, UJ, AJ, EJ , EU, UCHF, UCAD, EC,
GC, EG, CJ, AU, NU (exclusive)
Trade Time: All times
Extern Var: lot set @ 0.1, SL set @ 300, TP set @ 100
Time Frame: 1 hour (strictly)
Indicators Reqd: Normal Indicators (that comes with the MT4Platform)
Minimum Equity : $3000.00
EA Status: Backtest complete, Forward test in progress
Close Trade On Friday: Manually b4 close or leave it open.
EA expiry: 5-10-2008
Expection : 500 - 600 pips per week
Notes: Please do not change the SL and TP. Keep it open even during Newstime.
Attached File(s)
File Type: ex4 Traders Best.ex4   6 KB | 522 downloads
File Type: zip TBestStatement.zip   7 KB | 407 downloads
  • #2,529
  • Apr 17, 2008 12:09pm Apr 17, 2008 12:09pm
Quoting trader101
nway- you have a posting at the other thread, do you mind deleting it there and then repost it here in this thread.. that was a signal thread. thanks
Your thread is awesome , and sure, i'd love to delete my post, and i have submitted cleanup report to admin. I hope it works for you .
And I will try your system lately .

InwayOutway
  • #2,530
  • Apr 17, 2008 12:53pm Apr 17, 2008 12:53pm
Quoting InwayOutway
Your thread is awesome , and sure, i'd love to delete my post, and i have submitted cleanup report to admin. I hope it works for you .
And I will try your system lately .

InwayOutway
Thank you.. Sir.. Please note that you are welcome here and we are getting bigger and its a good thing, we are at least learning from its other, especialy from CJ and Imbiber. Please let us know if you have any Qs. We will try to answer it, if not I then maybe CJ or imbiber. Out trading style here is called "BAsket Trading" even the EA that i am making are based on the theory of Basket Trading. We do 14 curr some are even doing Gold and DX. The theory is that one cPair reinforces the others. More to come. Welcome .. UPDATE --LOng Term trades is now 1,300 pips (started Tuesday night)
  • #2,531
  • Apr 17, 2008 1:11pm Apr 17, 2008 1:11pm
Long Term trades now +1,336 pips :
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  • #2,532
  • Apr 17, 2008 3:24pm Apr 17, 2008 3:24pm
New trade added to Long TErm trades: opened less than 10 minutes ago.
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  • #2,533
  • Apr 17, 2008 3:35pm Apr 17, 2008 3:35pm
any intraday setup? thx
  • #2,534
  • Apr 17, 2008 4:03pm Apr 17, 2008 4:03pm
Quoting goodness
any intraday setup? thx
You can consider that last post trades as intraday as well. Only once you hit around +50 you close.
  • #2,535
  • Apr 17, 2008 4:07pm Apr 17, 2008 4:07pm
Quoting Tmac
cant read it
Use magnifying glass...LOL
If you hover your mouse at the bottom right hand corner of the thumbnail a jpig enlargement button will appear. First timer.. huh.
  • #2,536
  • Apr 17, 2008 4:32pm Apr 17, 2008 4:32pm
Quoting Tmac
the one above it is readable but the last one is fuzzy and broken up
You have to listen once in a while. Clik the thumbnail , hover your mouse at the bottom right and a JPIG enlargement button will appear then you clik it and the image will become as big as your screen. If you still cant get it PM me.. OK
  • #2,537
  • Apr 17, 2008 4:36pm Apr 17, 2008 4:36pm
Works fine for me master trader101.
  • #2,538
  • Apr 17, 2008 4:47pm Apr 17, 2008 4:47pm
Quoting Tmac
I am quite fimiliar with how to enlarge jpegs but again the type is broken and unreadable for me, do not know why as everyother one is fine

ok, right click on page then go to page info and click on translate to english
shd work
  • #2,539
  • Apr 17, 2008 5:21pm Apr 17, 2008 5:21pm
hey cj,imbiber r u guys trading, wat do u have? thx
  • #2,540
  • Apr 17, 2008 6:00pm Apr 17, 2008 6:00pm
Here are mine for today. I missed big time on the swiss crosses last night.
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