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Simple Trading Method with trader101

  • #1,741
  • Edited 7:33pm Oct 4, 2008 6:03pm | Edited 7:33pm
Hello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
Julius
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  • #1,742
  • Oct 4, 2008 6:19pm Oct 4, 2008 6:19pm
Quoting trader101
Hello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
Julius
Hi Trader101 !

For my understanding :
We can go long on GBP/USD and short on GBP/JPY because
the two pairs are extremely separated ?
(same for EUR/USD and EUR/JPY etc..)

Greetings

Bernhard
  • #1,743
  • Oct 4, 2008 6:28pm Oct 4, 2008 6:28pm
Quoting trader101
Hello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
Julius
Thank you Master for the lesson.
In regarding to how to trade GU and GJ, let say if they are next each other on the Top Half, do we long GU and short GJ?

Thank you.

gFX
  • #1,744
  • Oct 4, 2008 6:31pm Oct 4, 2008 6:31pm
Quoting trader101
Hello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
Julius
Hi Julius !

To which time frame are you referring to in your last posted
Excel Sheet ?

Greetings

Bernhard
  • #1,745
  • Oct 4, 2008 6:32pm Oct 4, 2008 6:32pm
Quoting trader101
Hello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
Julius
T101, what about for IBFX platform? Thank you
  • #1,746
  • Oct 4, 2008 6:36pm Oct 4, 2008 6:36pm
In response to some “prophet” and those that are having problem with the length this thread achieve in such a short time and started making prediction of doom. Where I came from, we do not curtail freedom to think and innovate, we encourage free thinkers and brainstorming. As long as the thinking do not contradict the other established rights. With this new radical concept of thinking outside the box, the ordinary traders were so amazed that their exuberance and their repressed feeling manifested into excitement. As a parent myself of two successful kids this has been my theory in life and this method, I am adapting to young traders here to think free and innovate. This system presented here is not finite. Its natural force is capable of infinite possibilities. In an analogy, the job that I did was to open the floodgate so this repressed fluid can flow; I am not going to build another dam to restrict their movement. Rather I will let the water to flow and allow seeking its own level which will be found eventually. Reading a few pages and make assertion that this thread lacks the leadership is a gross misconception and hasty conclusion for such pretentious show-off who’s perhaps only purpose is a dramatic entrance and to gain attention. However such acts though succeeded its purpose also display the moronic analysis presented. My parents used to lecture me that “if you have nothing good to say, don’t say it” unless you want some attention. I hope that this reflection sticks and was able to initiate the mind to rethink.
T101
Julius
  • #1,747
  • Oct 4, 2008 6:45pm Oct 4, 2008 6:45pm
I like your system. I have digested every bit of it and can't wait to try it out. Thanks for sharing.
GeorgeFxPro
  • #1,748
  • Oct 4, 2008 6:45pm Oct 4, 2008 6:45pm
Quoting trader101
Hello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
Julius
Thanks for this. I was thinking along similar lines as I was watching the prices move and repel and attract. Really, the IBFX version is not that hard to see also. I just apply the same concept. This is an entirely new part and as I see it could be very useful while waitng for the perfect 14 pair trade.. This is big.. thanks julius

Scott
  • #1,749
  • Edited 8:29pm Oct 4, 2008 6:55pm | Edited 8:29pm
Quoting greenfx08
Thank you Master for the lesson.
In regarding to how to trade GU and GJ, let say if they are next each other on the Top Half, do we long GU and short GJ?

Thank you.

gFX
I dont know the specifics of your question but i would say the highest pair normallly jump over the lower pair and and proceed downward while the lower pair proceed up and start to maintain their symmetrical position.
Julius
  • #1,750
  • Oct 4, 2008 6:57pm Oct 4, 2008 6:57pm
Quoting Jack2000
T101, what about for IBFX platform? Thank you
I will be announcing another MSN meeting perhaps next week to first discussed similar guideline for IBFX before i will publish it.
Julius
  • #1,751
  • Oct 4, 2008 6:59pm Oct 4, 2008 6:59pm
Quoting trader101
I will be announcing another MSN meeting perhaps next week to first discussed similar guideline for IBFX before i will publish it.
Julius
Thanks will wait for it. you can see the action when you watch the movement for a while. So I look forward to your discussion on it.
  • #1,752
  • Oct 4, 2008 7:12pm Oct 4, 2008 7:12pm
Quoting trader101
Hello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
Julius
Thanks Julius... very interesting observation. One quick comment... is part b supposed to say "most profitable to trade them when they are close" ? Only makes sense since they tend to repel one another. Enjoy your weekend!

Luke
  • #1,753
  • Edited 7:34pm Oct 4, 2008 7:17pm | Edited 7:34pm
Quoting hndymann
Thanks Julius... very interesting observation. One quick comment... is part b supposed to say "most profitable to trade them when they are close" ? Only makes sense since they tend to repel one another. Enjoy your weekend!

Luke
Corrected
  • #1,754
  • Oct 4, 2008 7:46pm Oct 4, 2008 7:46pm
hi Guys,
someone can confirm it ?:

1)
If I understand well, in the orest indicator the graphic says to us , how we have to trade, if it says short we trade 14 pairs short, if it says long we will trade 14 pairs long, right ? please confirm it

2) Orest indicator start automatically on sunday or we have to set (sell , buy set) manually.

thx to all
  • #1,755
  • Edited 9:33pm Oct 4, 2008 8:16pm | Edited 9:33pm
Quoting trader101
I dont know the specifics of your question but i would say the highest pair normallly jump over the lower pair and and proceed downward while the higher pair proceed up and start to maintain their symmetrical position.
Julius
Sorry, but i don't understand. Higher pair go down and go up ?

(1) Highest pair jump over lower pair and go down

(2) Higher pair proceed up
  • #1,756
  • Oct 4, 2008 8:30pm Oct 4, 2008 8:30pm
Quoting trader101
Hello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
Julius
i dont understand why anyone would need to keep asking questions as 101s
strategy is explained in the first 10 pages and his last post. so clearly

if you wait he will explain in debth his part 2

if you dont understand i think you never will

whynot read page 1 to 10 then look at his last explantion and his last screen snap shot

its simple , easy to understand and a great strategy

the thread becomes a mind blowing question and answer and new commers loose there way .sorting the wheet from the hay

in my opinion if sit back and let 101 move on to his next stage when we have digested only 101s post from now on we may all learn a lot more

thats my opinion

from brian
  • #1,757
  • Oct 4, 2008 8:31pm Oct 4, 2008 8:31pm
Quoting j84
Sorry, but i don't understand. Higher pair go down and go up ?

(1) Highest pair jump over lower pair and go down

(2) Higher pair proceed up



As for the attachment,

(a)(1) EU and UC come close to each other

and

(c) EU and UC to trade them when apart

Is confusing for me, trade EU and UC when close and trade them when apart ? can anyone help me explain the above ?
Sorry its the lower pair to proceed up and he is talking the pairs that repel the GU and the GJ.
  • #1,758
  • Oct 4, 2008 8:50pm Oct 4, 2008 8:50pm
Hello everyone

I think, the charts that T101 just posted , that's for tips & fine tune trade strategy for people who likes to trade JUMP PAIRS ONLY

AM I CORRECT?, JULIUS
  • #1,759
  • Oct 4, 2008 9:19pm Oct 4, 2008 9:19pm
It's doable , but in separate indicator similar to those which moves in time.
It least you've got me thinking, Leo.

I think that new indicator should show current weekly, 4h, 1h buy/seel signals along with "perfect storms" all buys and sells together separated by median line. All this in history of course.

Orest


Quoting Leomeister
Orest,
I'll try and explain better my idea. After I made the recommendation earlier in the week about highlighting and tracking the anchor pairs, I re-read the basic trading strategy and now think it's most important to first track and record, the points in time when the buy and sell sets settle into their distinct polariin separate zed groups (ie, all buys in 1-7 slots and sells in 8-14 slots). The reason is the trade entries are triggered after this setup occurs. These settling 'events' would be displayed in the current pair columns. Pair rankings would be captured at that time of polarization, rather than at arbitrary times of 1 day back, 1 week back, etc..

Trader 101 gave instructions to setup the IA and then wait for the 'settling out' to occur first. This could take 1-2 days. Your indicator currently has coded a way to track and display the fluctuating pip values and ranking of the 14 pairs. So this can skip the wait time previously required as there can be an ongoing monitoring of pair movements. Whenever all pairs group in the polarized position a 'tradeable moment' is impending. Could the indicator look back in history and capture these moments and display perhaps the last two such events? The third column would list the current real-time updating setup based on 1m or tick movement as you currently have.

In this way the recent significant moments when sets were 'settled' would be clearly indicated, and the related trend direction. This would help make sense of the current pair movements. An alert could be triggered when the pairs in the current column became polarized. The trader could then watch for the impending crossover to trade pairs, and watch for the longer development of anchor switching to indicate the 14 pair basket trade.

Does this make sense or seems doable?

LeoM
  • #1,760
  • Edited 11:28pm Oct 4, 2008 11:12pm | Edited 11:28pm
Quoting trader101
Sorry its the lower pair to proceed up and he is talking the pairs that repel the GU and the GJ.
Thank you Master for taking time to answer. As you said GU and GJ repel to each other, my question is how would you trade them if GU and GJ are next to each other and while they are in the upper half region?
Since you gave the example of EU and UCHF, so I just want to have an example for the other type of pairs ( repelling pairs ). ( But I think I get it now after you answer to j84's post).

Thank you for your generosity.
gFX
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