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Supernova GBP/JPY Mini Trend Catcher

  • #6,101
  • Jul 19, 2008 1:55pm Jul 19, 2008 1:55pm
its been about a year since this system was published. I'm curious is anyone still trading this system using the EA and have been profitable for over 6 months on a live account?
  • #6,102
  • Jul 21, 2008 5:45am Jul 21, 2008 5:45am
Supernova Manually still profitable for me...
  • #6,103
  • Jul 22, 2008 11:21am Jul 22, 2008 11:21am
And I'm currently try to trade based on 4h and 1h TF. I believe there is where those solid signal come from. 15m kinda too high heart beat for me.

Here is some of my point:
We see signal to buy and sell in 4H tf, it kinda like rare and seldom happen, but when it does happen, we enter the trade.

Firstly, solid signal
Secondly, i tried to put the TP as 25 juz like what i did to my 15m chart(don't want hunt for hundreds pips), it quite work out for me, although feeling like wasting alot of good pips when we saw the price keep on going in our direction. I've juz wait there for hours and you asking me to gain 25 pips only? But as i think back, if (IF) I gone into 1pip 10USD, 25pips already USD 250. It's worth for it.

So, try to aim on 4H and 1H now. It looks valuable for me.
  • #6,104
  • Jul 22, 2008 11:41am Jul 22, 2008 11:41am
Quoting mphpopular
And I'm currently try to trade based on 4h and 1h TF. I believe there is where those solid signal come from. 15m kinda too high heart beat for me.

Here is some of my point:
We see signal to buy and sell in 4H tf, it kinda like rare and seldom happen, but when it does happen, we enter the trade.

Firstly, solid signal
Secondly, i tried to put the TP as 25 juz like what i did to my 15m chart(don't want hunt for hundreds pips), it quite work out for me, although feeling like wasting alot of good pips when we saw the price keep on going in our direction. I've juz wait there for hours and you asking me to gain 25 pips only? But as i think back, if (IF) I gone into 1pip 10USD, 25pips already USD 250. It's worth for it.

So, try to aim on 4H and 1H now. It looks valuable for me.
Just want to share this trader success with you.
I read about an african engineer who is too poor and its difficult raising usd1000( in south africa..at least) to start a mini trading account. He managed to know a trader who told him that he can make money trading fx. It took him 7 months ! to raise the usd1000. Happily called his trader friend to send the money over to trade fx for him. His friend was quite surprised that it took so long so instead the trader offered to teach him the art of trading. That was then, now it is history.

Now, this south african engineer is a millionaire trading ONLY for 10 pips profit daily. only once he overshot when he traded usdjpy.

Moral of the story
1 to be successful and winning trader is always be helpful like his friend
2 be discipline and have trading plan and trade to your plan

I used to know one malaysian but unfortunately lost contact with him now( may someday i meet him again.....heard he is jetsetting now). This guy trades only his plan with standard chartered bank in singapore. Malaysians are illegal to trade forex so to be save he opened forex trading account in singapore. Someone very prominent in malaysia gave him seed capital of usd100,000. The deal was, anything 10% and below monthly profit he got nothing and anything above 50:50 profit sharing. He was making minimum 50% monthly profit. His highest that I know of was 248% monthly profit and he is consistent between 100 - 200 %.

Have a plan and trade your plan, you will be there soon.
Loving Life.............
  • #6,105
  • Jul 24, 2008 9:11pm Jul 24, 2008 9:11pm
anyone trading with the V1.7 beta EA along with the indicators on page 1?
or do i need to update my indys too?
  • #6,106
  • Jul 25, 2008 12:31am Jul 25, 2008 12:31am
Juz using the same indy is ok already. But make sure you downloaded the EA v1.7beta14,as i knew, that was the latest one.
  • #6,107
  • Jul 25, 2008 1:04am Jul 25, 2008 1:04am
this week wasn't too good for the EA..
Closed P/L: -114.37
  • #6,108
  • Jul 25, 2008 1:57am Jul 25, 2008 1:57am
For me, i still believe manual work better than EA. At least we knew when to exit while EA not... EA might be a inteligence in entry, as I could see, even we enter the market together, the price of the EA entry is better than mine.

Curious how come the EA can so accurate at the beginning of the candle while i cant....
  • #6,109
  • Aug 1, 2008 6:48am Aug 1, 2008 6:48am
Quoting mphpopular
For me, i still believe manual work better than EA. At least we knew when to exit while EA not... EA might be a inteligence in entry, as I could see, even we enter the market together, the price of the EA entry is better than mine.

Curious how come the EA can so accurate at the beginning of the candle while i cant....
Hallo MPH!

I will be back in a small bit. I have to fight through a divorce here as it looks. But I hope I can keep the kids alright and after mastering that task I will be back!

The EA does not like ranges at all - so maybe the worst week ever for that.

See you laters!
Ciao!
Matt
  • #6,110
  • Aug 1, 2008 9:29am Aug 1, 2008 9:29am
Quoting Gnat
Hallo MPH!

I will be back in a small bit. I have to fight through a divorce here as it looks. But I hope I can keep the kids alright and after mastering that task I will be back!

The EA does not like ranges at all - so maybe the worst week ever for that.

See you laters!
Ciao!
Matt
Erm, what should I say? Family come first, wish you're alright. I'm not married yet, so i didn't really know much about that and dunno what I can help on this. Juz make sure you're alright and we are always here for you.Yeah, The EA unable to survive in the ranging area. By this week, the profit that have gained since 3 weeks ago get eaten away. I guess this is the reason of forward testing with a long enough period to see thru the EA performance.
  • #6,111
  • Aug 4, 2008 5:53am Aug 4, 2008 5:53am
My Lord Gnat
Hope you are ok...
  • #6,112
  • Aug 4, 2008 1:31pm Aug 4, 2008 1:31pm
Quoting ILclitoride
My Lord Gnat
Hope you are ok...
You did it again
http://www.forexfactory.com/showthre...26#post2145526

  • #6,113
  • Aug 5, 2008 4:10am Aug 5, 2008 4:10am
Oh no!! Now the old engineer is gone again!! Hope he will be back soon!!

I will try to be here every now and then - unfortunately the above mentioned thing is keeping me megabusy and not in good spirits!

See you all later!!

Matt - Gnat
  • #6,114
  • Aug 15, 2008 3:35am Aug 15, 2008 3:35am
EUR/USD ,what a nice move
  • #6,115
  • Aug 15, 2008 3:49pm Aug 15, 2008 3:49pm
I've been trading the SuperNova system for about a year now. Both manual and testing with the EA. So far, seems that manual trading is bringing the most success, although, I still have faith that the EA can be perfected when RMyers and Gnat can have time to work on it more. In the meantime, I was wondering if anyone would like to collaborate on an alert that would combine the best of the SuperNova signals into a single email alert. Currently, I get an email on the QQE v1 and v3 alerts but would like to combine those into a single alert that includes a confirmation from the DMI.

From my testing and live trading, seems like the DMI, QQE Alert 1, and QQE Alert 3, are providing the best entry signal when they occur on the same candle or within 1-2 candles. Of course, it depends on the time frame you are trading on. I've been trading on the 15mTF mostly, but would like to work toward the 4hrTF as that would give a better quality of life. You could put the alert on both a 15m and 4hr chart. The 15m would allow you to get in a trend early, while the 4hr would allow you to remain in the trade.

I've PM'm with Skyline about creating this alert and he is willing to do it for a fee of $100. So, is there anyone else experiencing these same test results? Do you have some better ideas or results to base the alert on? Would you like to collaborate on creating and perfecting this SuperNova alert for manual trading?

Any feedback would be appreciated.

Cheers and thanks all that have contributed to this thread.

Field
  • #6,116
  • Aug 16, 2008 1:06am Aug 16, 2008 1:06am
Has anybody try it on a Daily Time frame,
I looked at the daily chart and I see good setups Check USD/CAD for example.

Thanks
My Email For Help: [email protected]
  • #6,117
  • Aug 16, 2008 2:57am Aug 16, 2008 2:57am
Quoting tcmm
Has anybody try it on a Daily Time frame,
I looked at the daily chart and I see good setups Check USD/CAD for example.

Thanks
Nvr from me. Its juz too long for me to wait. As i see so far. SN is working well but not applicable for all. SO, if we only trade on 4 pair and all on daily TF. Wao, it is juz like a super turtle method. Nvr really tried it.

Even now I using H1 TF, It's juz like I'm growing older and older bcoz wait-ed too long.
  • #6,118
  • Aug 18, 2008 11:40am Aug 18, 2008 11:40am
Quoting mphpopular
Nvr from me. Its juz too long for me to wait. As i see so far. SN is working well but not applicable for all. SO, if we only trade on 4 pair and all on daily TF. Wao, it is juz like a super turtle method. Nvr really tried it.

Even now I using H1 TF, It's juz like I'm growing older and older bcoz wait-ed too long.
u can try all ur brokers pairs, have u?
  • #6,119
  • Aug 18, 2008 8:02pm Aug 18, 2008 8:02pm
Not really ALL.... Cause all is too many for me.... I worry I willl get mad if I keep on looking on so many charts.....
  • #6,120
  • Aug 19, 2008 1:41pm Aug 19, 2008 1:41pm
Quoting rahaafx
You did it again
http://www.forexfactory.com/showthre...26#post2145526

Hello my fan.I'm back.
Nice to know that I make someone smiling.1. Smiling makes us attractive.
2. Smiling Changes Our Mood3. Smiling is Contagious4. Smiling Relieves Stress5. Smiling Boosts Your Immune System6. Smiling Lowers Your Blood Pressure7. Smiling Releases Endorphins, Natural Pain Killers and Serotonin8. Smiling Lifts the Face and Makes You Look Younger9. Smiling Makes You Seem Successful10. Smiling Helps You Stay Positive

Trading is soo boring for me.Again and again and again the same trades.The same trading system,the same charts,the same monitors,the same computers...
Why not having fun?
Why not sh..ing some bucketshops that steal the money from new traders?
Why not sh..ing some plugins brokers that steal the money in an elegant way?
Take care
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