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  • #21
  • May 19, 2008 3:28pm May 19, 2008 3:28pm
Quoting BenQ
I think I got it. But the ema levels are confusing. There are so many levels, isn't it always closing above/below a level?
yeah you are right, it doesn't always but most of the time it does. if you want u can take a look at the vegas 1hr tunnel method to get more background into why i have so many ema levels. ideally i would wait for it to reach higher ema's level rather than near the 156 ema.
  • #22
  • May 19, 2008 3:36pm May 19, 2008 3:36pm
You mean higher ema levels for a short and lower ema levels for a long?

Quoting collectchix
yeah you are right, it doesn't always but most of the time it does. if you want u can take a look at the vegas 1hr tunnel method to get more background into why i have so many ema levels. ideally i would wait for it to reach higher ema's level rather than near the 156 ema.
  • #23
  • May 19, 2008 3:40pm May 19, 2008 3:40pm
AH i see why i having a slight problem. For som reason ur template folder gave a stochastic setting 35.5.8 instead of 21.5.8.
can see more clearly now.
  • #24
  • May 19, 2008 3:43pm May 19, 2008 3:43pm
Quoting BenQ
You mean higher ema levels for a short and lower ema levels for a long?
yes =)
  • #25
  • May 19, 2008 3:46pm May 19, 2008 3:46pm
Quoting fry2010
AH i see why i having a slight problem. For som reason ur template folder gave a stochastic setting 35.5.8 instead of 21.5.8.
can see more clearly now.
really? .. weird.. haha oh this is the one at work i have a different setting at home. but really both should give you the same overall trend. i'm testing this setting out at work see if it is any better.

=) sorry.
  • #26
  • May 19, 2008 3:50pm May 19, 2008 3:50pm
no problem. Does look like a good system, not too many trades, clear signals. Roughly how many trades you get with this per day?
Is it worth using a smaller time frame to get in early, like 15m?
  • #27
  • May 19, 2008 3:53pm May 19, 2008 3:53pm
Quoting fry2010
no problem. Does look like a good system, not too many trades, clear signals. Roughly how many trades you get with this per day?
Is it worth using a smaller time frame to get in early, like 15m?
roughly i would get 1-2 trade/day/currency pair. and you know there are more than just one currency pair *wink*. and i dont recommend using the 15 m because... it gives too many fake signal. i got killed using that TF, thats why i switch to using 1hr.
  • #28
  • May 19, 2008 4:40pm May 19, 2008 4:40pm
How many pairs do you trade this setup on? There's nothing really here to set up an alert, so all pairs would have to be screen visible at once.
  • #29
  • May 19, 2008 4:45pm May 19, 2008 4:45pm
Quoting BenQ
How many pairs do you trade this setup on? There's nothing really here to set up an alert, so all pairs would have to be screen visible at once.
um i tried it on all major pairs. usually the lower spread ones. and yeas i dont know how to set up an alert. everyday i would open up every pair and see where the indicators are at, then wait until all indication lines up before enter.
  • #30
  • May 19, 2008 5:21pm May 19, 2008 5:21pm
For a long, does price have to be below the 156 MA, and above for short?
  • #31
  • May 19, 2008 5:25pm May 19, 2008 5:25pm
nice work collectchix
  • #32
  • May 19, 2008 6:16pm May 19, 2008 6:16pm
Quoting BenQ
For a long, does price have to be below the 156 MA, and above for short?
Ben,
for long: as long as the stoch is in the 20-10 range and is heading up, it doesn't matter if it is above or below the EMA. but when the price hit level 144, 233 or higher be careful, it just means the market will be exhausted and will probably go reverse soon and for me it is a good and ideal situation to enter the market. you could take a look at the history of the market and u'll see that it is true most of the time.=) just give this system a try for a couple of weeks and u'll get a hang of it.http://forexfactory.com/images/icons/icon7.gifhttp://forexfactory.com/images/icons/icon14.gif and probably prove what i said earlier in post 1, that you could make 150+ pip/day.http://forexfactory.com/images/icons/icon7.gif [IMG]file:///C:/DOCUME%7E1/BC223%7E1.PHA/LOCALS%7E1/Temp/moz-screenshot.jpg[/IMG]
  • #33
  • May 19, 2008 6:16pm May 19, 2008 6:16pm
Quoting tdion
nice work collectchix

THANKS!!! please give me some comment!
  • #34
  • May 20, 2008 5:08am May 20, 2008 5:08am
Your style and mine are the same except i use bb instead of sma, because that normally confirms my thought on over bought over sold. And usually bags more than 150.

Nice work
  • #35
  • May 20, 2008 10:22am May 20, 2008 10:22am
Quoting NoBread
Your style and mine are the same except i use bb instead of sma, because that normally confirms my thought on over bought over sold. And usually bags more than 150.

Nice work
hehe thanks! 150+/ day? wow.. hehe maybe we can work together and make a better system =). do u mind sharing ur system?

regards,
  • #36
  • May 20, 2008 10:59am May 20, 2008 10:59am
here is one of the trade i'm currently in. i entered a bit early because i was too anxious. but it should be fine.
Attached File(s)
File Type: pdf tues1.pdf   138 KB | 681 downloads
  • #37
  • May 20, 2008 11:15am May 20, 2008 11:15am
Are you short on the last hourly candle?
  • #38
  • May 20, 2008 11:43am May 20, 2008 11:43am
Quoting lcfxtrader
Are you short on the last hourly candle?

yup! =) remember i take very little profit. 15-20 only. so once i hit the TP i will close the position.
  • #39
  • May 21, 2008 12:24am May 21, 2008 12:24am
Hi Collectchix,

I think your system is workable.
But pls clarify what is the price hit level at 144 , 233 or higher?
from your chat , how you determine this level?

Quoting collectchix
Ben,
for long: as long as the stoch is in the 20-10 range and is heading up, it doesn't matter if it is above or below the EMA. but when the price hit level 144, 233 or higher be careful, it just means the market will be exhausted and will probably go reverse soon and for me it is a good and ideal situation to enter the market. you could take a look at the history of the market and u'll see that it is true most of the time.=) just give this system a try for a couple of weeks and u'll get a hang of it.http://forexfactory.com/images/icons/icon7.gifhttp://forexfactory.com/images/icons/icon14.gif and probably prove what i said earlier in post 1, that you could make 150+ pip/day.http://forexfactory.com/images/icons/icon7.gif [IMG]file:///C:/DOCUME%7E1/BC223%7E1.PHA/LOCALS%7E1/Temp/moz-screenshot.jpg[/IMG]
  • #40
  • May 21, 2008 12:28am May 21, 2008 12:28am
Hi all,

How you put 2 stochastic Oscillator in one indicator window ??
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