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Simple Trading Method with trader101

  • #1,781
  • Oct 5, 2008 11:21am Oct 5, 2008 11:21am
It might surprise somebody, but I couldn't agree more. The only one more fix I'm going to post here with Julius permission is for FxPro platform fix. I beleive I and Dee have resolved it last week.

This thread should be concentrated rather on the methods application and learning then applying new tools. I'm still thinking about creating new indicator showing the signals in time and creating the new thread for that (if I have time of course). Besides I almost didn't have time to trade the system by myself, has been quite busy coding.

I have one more suggestion though - along with approved trading tools we should have approved rules too. I know we page#1, but we also have unbeleivable inspirable novel by icicle, some other members prepared their versions too. We have to know what is officially approved and what is not to have the document as a starting point to return to.


Thanks,
Orest

Quoting trader101
HELLO TO ALL

It has been more than 3 weeks that this Basket Currency Trading Method (T101 System), a new and radical way of analysis in the Forex Market, that we allowed the flow of ideas and innovation from all traders around the world. I want to just highlight to everyone that this system is neither a signal system nor a trading recommendation. I am using this method as a tool in my trade analysis. At this point in time, I think we have also come into the conclusion that the “Orest Indicator” is a perfect replacement to the IA and the Franco’s Excel Sheet which were introduced earlier in the thread. Some of you that are using broker that do not use MT4 platform, you still have to use the IA and the Franco Sheet in your analysis.

At this point, in order to move forward and give time to concentrate on trading either demo or live, we have to stop fixing the unbroken. The Orest Indicator as it now stand version 11 is the last revision I will adopt. Though there is still a flaw when use with broker having a non-consistent pair digit (FXpro) is almost in perfect to what I want in an indicator and sheet combine. The columns of month, week, day, 4H and 1H, give an almost accurate indication for a trade to be profitable. This digit function flow is being fixed right now as we speak and eventually will be presented by Orest or by Dee.

If you think you are in disagreement with me on this conclusion and wants to further explore the changing of Orest Indicator or have the any idea to change the parameters of this thread, I am not preventing you from doing so, however I would say, you have to start another thread in either the Trading Discussion or Interactive Trading. I will visit you there once in while, similar to what Carl have done with his pursuit to improve his T101 IA monitor. Honestly, guys it is perfectly alright with me. This week I am trading and will only read good results in this thread and no more indicator discussion please. PM the one concern to avoid confusion in the thread.
Thank you,
T101
Julius
  • #1,782
  • Oct 5, 2008 11:30am Oct 5, 2008 11:30am
Quoting CindyXXXX
Ok....

I found an annoying factor of this method was the inability to back test so having some spare time on the weekend I started creating a tool that will allow us to back test this system, thinking I would just whack it up in a few minutes .....

10 hours later! I finished this little project and I don't know how much use it will be to any of you guys but seeing it took me so long to make I just had to share it...

Quite simply its an excel spreadsheet that shows the "jumps" the pairs make at the time intervals you choose so you can look back at a whole weeks action...

Anyway I created an instructions manual with screenshots of each step only to realise it was to big to post here so I have taken the screen shots out of the instructions so its small enough to post.

I guess if you PM me I can sent the photo instructions if you need them but anyway try to make sense of the plain instructions first.

Attached is the Excel blueprint plus the Microsoft word instructions which you will need to read in order to use it.

Let me know what you think and if theres any wizz kid out there who knows a way to export the data we want straight to the spreadsheet without having to manually add it Id love to hear it.

Enjoy
Hey if anyone can convert the large photo version of the instructions to PDF I would be much greatful so as people don't have to email me for it and I don't have to send 100 different emails

Cheers send me a PM with your email and I'll send it to ya to convert

I know its easy and I had a go my self but somethings wrong with my distiller and the online converter is giving me troubles

And so I dont clutter the thread anymore if you have any questions about it send me a PM and I might open up a Q+A thread for the spreadsheet cheers
Time hides Nothing
  • #1,783
  • Oct 5, 2008 11:39am Oct 5, 2008 11:39am
Looks very interesting. I will load up the 14 pairs this evening and attach the indicator and follow along to see what to do next.

Thanks....Damon
"Keep your eyes on the helpers" - Mr. Rogers
  • #1,784
  • Oct 5, 2008 11:46am Oct 5, 2008 11:46am
Quoting FOURX
Now that julius, has laid down the rules, could someone please list the final versions that should be used on ibfx,
any chance please?
  • #1,785
  • Oct 5, 2008 11:46am Oct 5, 2008 11:46am
I've been referring back to Icicle's document periodically. It's the best I've seen. The other documents I've looked at are extracts from posts. Her document attempts to put the method into context.

I also like Slade's inputs on the conceptual side. Maybe we can ask if it's o.k. to include some of that in Icicle's document.

that's my 2 cents

Sandy




Quoting Orest
It might surprise somebody, but I couldn't agree more. The only one more fix I'm going to post here with Julius permission is for FxPro platform fix. I beleive I and Dee have resolved it last week.

This thread should be concentrated rather on the methods application and learning then applying new tools. I'm still thinking about creating new indicator showing the signals in time and creating the new thread for that (if I have time of course). Besides I almost didn't have time to trade the system by myself, has been quite busy coding.

I have one more suggestion though - along with approved trading tools we should have approved rules too. I know we page#1, but we also have unbeleivable inspirable novel by icicle, some other members prepared their versions too. We have to know what is officially approved and what is not to have the document as a starting point to return to.


Thanks,
Orest
  • #1,786
  • Oct 5, 2008 12:08pm Oct 5, 2008 12:08pm
Nubchai,

I am happy to contribute whatever I can to this excellent system and I would be honored to have my posts included in Icicle's document. I have already told him this by way of an IM.

Hopefully, I am not stepping on Julius' toes with the theory behind the basket trade, and at the same time I don't want to interfere with what he has planned for future lessons on the system. But I was just so exited about my conclusions...which I came to only after really breaking it down for a few hours...that I wanted to share them with the forum and everyone who has already contributed so much to this system. I think its entirely possible to succeed with this system without knowing anything about why the system works or what you are doing when you buy or sell the basket. But as for me, I really need to understand what I am doing before I commit live money to 14 pairs at the same time.

With these thoughts in mind, I would really like to hear what anyone else thinks about the theory behind the system and why it works, including more analysis of relationships between the hedged pairs, which Julius has already started to develop. And of course, please feel free to point out any errors in my thinking. In truth, this is all theory which I developed over the weekend and I have not had a chance to test it out in real time. But at the same time, I cant see how it would work any other way.

Slade
  • #1,787
  • Edited 12:20pm Oct 5, 2008 12:13pm | Edited 12:20pm
Quoting nubchai
I've been referring back to Icicle's document periodically. It's the best I've seen. The other documents I've looked at are extracts from posts. Her document attempts to put the method into context.

I also like Slade's inputs on the conceptual side. Maybe we can ask if it's o.k. to include some of that in Icicle's document.

that's my 2 cents

Sandy

I already put in some of Slade's stuff, even more in the Addendum. I was waiting for permission, but Slade hasn't been around. If you see anything of Slades you like that isn't in version three, I'd love to include it, if Trader101 agrees. Slade has an in-depth understanding of the principles behind the method. Although much of it is probably too deep for newbies, I like to add it inthetext and more as a footnote for those who want more than a superficial understanding.

And Cindy, CliffEdwards told me about Cutepdf. It can make a pdf out of anything printable. Its free and its cool.

[Edited to add]

Oops. I already had permission from Slade???

See? Thats why I have to write stuff down all the time. ADD and Aspergers. Sorry Slade!
  • #1,788
  • Oct 5, 2008 1:12pm Oct 5, 2008 1:12pm
After careful reading of the rules prepared by Icicle and the others not only I am very impressed how they pick up almost all useful posts and consolidate into a valid literature complete with my favorite theme. My full appreciation to all of you for spending time to prepare this documents, this will now be serve as guideline to the basic of this theory. We may need continue revising this as we continue to discuss Phase 2 and 3 in the near future. Having said that, With Icicle permisssion, I am pasting this document on Post # 1 for all to see.
Thanks again
T101 - Julius
  • #1,789
  • Oct 5, 2008 1:19pm Oct 5, 2008 1:19pm
Even a blind squirrel finds a nut once in awhile! I managed to download the sanctioned indicators, scripts, etc! To the newbies--if I can understand this system by reading, re-reading, and letting it slowly sink in, anybody can. Just do the homework. Thank you Master Trader 101, TC, Handy, Orest, Icicle.... everyone who has been Trader 101's advance guard. I appreciate you helping to keep this simple. It is awesome. Oh, gotta go bake that apple pie before forex opens again for the week!
  • #1,790
  • Oct 5, 2008 1:32pm Oct 5, 2008 1:32pm
Quoting icicle
Here is T101 Rules Made Easy v3. It has pictures..

PM me your email if you want an rtf version designed for auto-translating. It, as far as possible, uses words and phrases with only one meaning. Should be easier on Babelfish

And if you ever want to know how clear your writing is, auto-translate it then translate it back to your language. Its a revelation. Work at it till it comes back making sense
Wonderful document icicle! When I find the time to become bored again, I will recreate my videos Well, that's if anyone really wants to hear my voice again.

Luke
  • #1,791
  • Oct 5, 2008 1:47pm Oct 5, 2008 1:47pm
Quoting CindyXXXX
Ok....

I found an annoying factor of this method was the inability to back test so having some spare time on the weekend I started creating a tool that will allow us to back test this system, thinking I would just whack it up in a few minutes .....

10 hours later! I finished this little project and I don't know how much use it will be to any of you guys but seeing it took me so long to make I just had to share it...

Quite simply its an excel spreadsheet that shows the "jumps" the pairs make at the time intervals you choose so you can look back at a whole weeks action...

Anyway I created an instructions manual with screenshots of each step only to realise it was to big to post here so I have taken the screen shots out of the instructions so its small enough to post.

I guess if you PM me I can sent the photo instructions if you need them but anyway try to make sense of the plain instructions first.

Attached is the Excel blueprint plus the Microsoft word instructions which you will need to read in order to use it.

Let me know what you think and if theres any wizz kid out there who knows a way to export the data we want straight to the spreadsheet without having to manually add it Id love to hear it.

Enjoy
Cindy..
I almost ignore this post, before the excel spreadsheets caught my eyes, as you know i am an excel guy myself. I spend a good 2 hours studying this files and i would say it was some piece of work. I will try to use this when IBFX open at 6:00PM here so we may know how this baby react to market live data. I will make a macro to export the data straight so we dont have to do it manually .Thanks Cindy. Here is also the pdf version of the instruction.
Julius
Attached File(s)
File Type: pdf CindyInstruction.pdf   77 KB | 3,854 downloads
  • #1,792
  • Oct 5, 2008 1:51pm Oct 5, 2008 1:51pm
Quoting mima
Hello everyone,

I would sugest that those who understand system, for period of time..., post screen shot and comment what they trade or intend to trade and why based on 101 rules and 101 indicator(s)....

On this way rest of us who still dont understand strategy and system of 101 would learn by examples and in same time those who understand wouldnt be bothered with questions like " how it works" and would continue to advance....


regards,

mima

Great Idea!

But would it be possible to Have Orest's Awesome indicator with a white background.
I have a problem trying to view it clearly on the thread and if everyone is going to post coments and screen shots and will be difficult to view and print if needed.

This is my adjustments.......oops hope that I don't get into trouble for this.........
Attached Image (click to enlarge)
Click to Enlarge Name: MyScreen.JPG Size: 163 KB
Attached File(s)
File Type: zip Files.zip   125 KB | 2,221 downloads
Our IMAGINATION is the true holy grail!
  • #1,793
  • Oct 5, 2008 1:56pm Oct 5, 2008 1:56pm
Thanks T101 and supporting members for your selfless contributions. This thread is a must read from start to finish. The icicle document really hammers home Part1. This knowledge and experience is priceless!! If you don't get it by now, go back and re-read everything. I guess I was lucky and got it on the first pass. Looking forward to Part2 and Part3. Awesome!!
  • #1,794
  • Oct 5, 2008 1:58pm Oct 5, 2008 1:58pm
Awesome Trader101 so glad you like it...

BTW I created a thread for Q+A relating to the use of the Spreadsheet.

Someone was also kind enough to convert the big photo insrtuctions manual into a PDF You can find it at the thread listed below... It will be much easier to follow then the original instructions

http://www.forexfactory.com/showthread.php?t=111709

For any questions related to the spreadsheet please ask them in that thread please don't ask them in here
Time hides Nothing
  • #1,795
  • Oct 5, 2008 3:04pm Oct 5, 2008 3:04pm
if my broker don't has CADJPY neither NZDJPY, what i should do? Don't trade NZDUSD? Or there is a better choice?

tanks in advance.
  • #1,796
  • Oct 5, 2008 3:23pm Oct 5, 2008 3:23pm
The indicator is shown. The top graphics is the indicator and the lower is the TA. Use the Jumping Pair techniques for quick scalp. Study the 4 trades against the IA
Attached Image(s) (click to enlarge)
Click to Enlarge Name: indi11.GIF Size: 113 KB
Click to Enlarge Name: 10trade.GIF Size: 106 KB
  • #1,797
  • Oct 5, 2008 3:30pm Oct 5, 2008 3:30pm
OK explanation...
GJ is already in the Anchor top post. Gu is still in the middle and should go down. So we trade it LONG. Same explanation for EU. UChf is the opposite of EU direction. I trade the GJ while it is still running to the top post. Results now almost $100.00. Just for scalping taking advantage the market start, currency jocking for position.
Julius
  • #1,798
  • Oct 5, 2008 3:36pm Oct 5, 2008 3:36pm
ok close position for a quick 100 bucks. Just to demonstrate the scalping techniques at the beginning of the market using the Jump pair technique, you will perfect this as you keep on practising. Of course with ProfitCalc on to guard profit.
Julius
  • #1,799
  • Oct 5, 2008 3:51pm Oct 5, 2008 3:51pm
The TA before the close of the scalp, funny but it is still going in that direction. But market at this time is not stable. Just some grocery money is enough can still run to Costco.
Attached Image (click to enlarge)
Click to Enlarge Name: 11trade.GIF Size: 99 KB
  • #1,800
  • Oct 5, 2008 3:59pm Oct 5, 2008 3:59pm
there is one more currency pair which has room to move whihc is also profittable basing on the jump pair techniques, you have to analyze it. I will let you.
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