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My own developed benkyalate system

  • #121
  • Oct 28, 2008 3:00pm Oct 28, 2008 3:00pm
may i have the link for your arabic forum coz i want to d/l your templates with your own settings.

Syukran.
  • #122
  • Oct 28, 2008 3:03pm Oct 28, 2008 3:03pm
Hi Folks !

I'm testing this system and at the moment I'm concentrating on the USD/CAD.
When price touched the blue dotted line I went long after candle close.

However price went down into the "buy" zone between green dotted and
green line.

Now I go long with another lot !

Wouldn't it be better to wait until price is between the extreme upper
(between red dotted and red line) or lower range ?
(between green dotted and green line)

Greetings

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: usd_cad.gif Size: 57 KB
  • #123
  • Oct 28, 2008 3:06pm Oct 28, 2008 3:06pm
Quoting behof
Hi Folks !

I'm testing this system and at the moment I'm concentrating on the USD/CAD.
When price touched the blue dotted line I went long after candle close.

However price went down into the \"buy\" zone between green dotted and
green line.

Now I go long with another lot !

Wouldn't it be better to wait until price is between the extreme upper
(between red dotted and red line) or lower range ?
(between green dotted and green line)

Greetings

Bernhard
u should use 4 hours frim only .
buy from green sell from red when candle average is same price side .
dote lines use them only in three levels candle average .
my regards.
  • #124
  • Oct 28, 2008 3:07pm Oct 28, 2008 3:07pm
Quoting mint_flavour
may i have the link for your arabic forum coz i want to d/l your templates with your own settings.

Syukran.
it is same setting as here.
  • #125
  • Oct 28, 2008 3:08pm Oct 28, 2008 3:08pm
The link that you give me is great. the thing is i dnt understand arabic. mind sending the templates to my email

Thank you
  • #126
  • Oct 28, 2008 3:12pm Oct 28, 2008 3:12pm
Quoting mint_flavour
The link that you give me is great. the thing is i dnt understand arabic. mind sending the templates to my email

Thank you
send me your e-mail i will do it .
  • #127
  • Oct 28, 2008 3:13pm Oct 28, 2008 3:13pm
Quoting oan4fx
send me your e-mail i will do it .
[email protected]

Thank you bro
  • #128
  • Oct 28, 2008 3:15pm Oct 28, 2008 3:15pm
Quoting oan4fx
i got a signal now to sell from my system .i will sell only one minilot also..
i got the signal at 98.13 it went down to 97.35 until now
so i had two positive positions with profits and one still minues .the over all is profit .i will post results later.when i take my profits
  • #129
  • Oct 28, 2008 3:42pm Oct 28, 2008 3:42pm
ok I have this..

Not sure what to do at the 1st lime green open as price moved against the position..perhaps add at the 2nd lime green open ??


Closed all at red or green dotted..

Looks good...if current candle gives me a 0.81 candle average or more its a sell signal .... I think ! still have 137 mins to candle close so may build


Paulus
Attached Image (click to enlarge)
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  • #130
  • Oct 28, 2008 3:49pm Oct 28, 2008 3:49pm
not sure if I got this right but only buy and sell in tandem with COG lines if the Candle average also hits 0.80 line or -0.80 line ?

Paulus
Attached Image (click to enlarge)
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  • #131
  • Oct 28, 2008 3:56pm Oct 28, 2008 3:56pm
Quoting Paulus
not sure if I got this right but only buy and sell in tandem with COG lines if the Candle average also hits 0.80 line or -0.80 line ?

Paulus
NO YOU NEED TO SELL WITH .81 BUY WITH -.81
YOU DOING GOOD
GOOD LUCK .
  • #132
  • Oct 28, 2008 4:19pm Oct 28, 2008 4:19pm
Ok. i think this is good short signal.
I´m right?
Attached Image (click to enlarge)
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  • #133
  • Oct 28, 2008 4:28pm Oct 28, 2008 4:28pm
Quoting altezza.cl
Ok. i think this is good short signal.
I´m right?
YES IT IS GOOD LUCK .
  • #134
  • Oct 28, 2008 4:30pm Oct 28, 2008 4:30pm
Hi Oan4fx !

Attached you will find an actual snapshot of USD/JPY 4h chart.
We have an extreme overshoot here and at the moment I'm in the
negative......

How could I avoid this ?

Do you have additional confirming signals which indicate a turn ?

Greetings

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: usd_jpy.gif Size: 55 KB
  • #135
  • Oct 28, 2008 4:36pm Oct 28, 2008 4:36pm
ah yes thanks its what i thought as per my lines I just didn't convey it correctly hehe ;-)

P
  • #136
  • Oct 28, 2008 4:42pm Oct 28, 2008 4:42pm
Quoting behof
Hi Oan4fx !

Attached you will find an actual snapshot of USD/JPY 4h chart.
We have an extreme overshoot here and at the moment I'm in the
negative......

How could I avoid this ?

Do you have additional confirming signals which indicate a turn ?

Greetings

Bernhard
IN THIS CASE WHEN THERE IS STRONG FUNDEMENTALS THAT IS DRIVING PRICE YOU SHOULD GET OUT AS FAST AS YOU CAN WITH MINIMAL LOSS .
O WHEN THE PRICE WENT TO 97.35 LAST TIME YOU HOULD BE OUT WITH YOUR PROFITS.
I AM A LONG TERM TRADER AND I HAVE ONLY THREE MINILOTS SO I WILL WAIT UNTIL END O THIS WEEK BUT SHORT TERM TRADER SHOULD TAKE 30 - 50 PIPS .
MY REARDS.
  • #137
  • Oct 28, 2008 4:59pm Oct 28, 2008 4:59pm
Paulus,

how did you get the chart to show the arrows and close and open?
Quoting Paulus
ok I have this..

Not sure what to do at the 1st lime green open as price moved against the position..perhaps add at the 2nd lime green open ??


Closed all at red or green dotted..

Looks good...if current candle gives me a 0.81 candle average or more its a sell signal .... I think ! still have 137 mins to candle close so may build


Paulus
  • #138
  • Oct 28, 2008 5:18pm Oct 28, 2008 5:18pm
Hi,
3 shorts, all with 3 candle average and all upper red dotted line.
Waiting to see if the price go down

http://www.forexfactory.com/images/icons/icon9.gif
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  • #139
  • Oct 28, 2008 5:21pm Oct 28, 2008 5:21pm
the big question now why i am selling usdjpy.
answer is that i think it will bounce back down what ever happen in dow and how many days central bank o apan will sell his currency and buy others currency .
i think it will not be for more than couple o days.couse world cooling economy will drive and support yen until we may see 84 next week so keep tuned this is a fundemental predication .
  • #140
  • Oct 28, 2008 5:23pm Oct 28, 2008 5:23pm
all manual Im afraid..

Paulus
Attached Image (click to enlarge)
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