everything is starting to look good so far...in the past. will look at the present to see if its viable. there's a lot of repainting indicators
My own developed benkyalate system
- #1,521
- Edited 7:04pm Dec 7, 2008 5:53pm | Edited 7:04pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #1,526
- Dec 7, 2008 11:27pm Dec 7, 2008 11:27pm
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #1,529
- Dec 8, 2008 2:09am Dec 8, 2008 2:09am
USD/CHF
Mostafa Belkhayate predicted last friday in his newsletter that the usd/chf would go down this week. We looked at our own polynomial trading system and the usd/chf went down this night from 1.22466 to 1.21241 or 122 pips.
Mostafa Belkhayate predicted last friday in his newsletter that the usd/chf would go down this week. We looked at our own polynomial trading system and the usd/chf went down this night from 1.22466 to 1.21241 or 122 pips.
USD/CHF
Mostafa Belkhayate predicted last friday in his newsletter that the usd/chf would go down this week. We looked at our own polynomial trading system and the usd/chf went down this night from 1.22466 to 1.21241 or 122 pips.
COOOOOOOOOOOOOL, the below attachment is to confirm the above statement. The position is open since Friday based on a signal from the Sys.
I didn't enter the market today as we are having a holiday and the market is not going anywhere.
Happy Eid Oan, Dead soul and all.
Sniffing Snake's Tracks...
Hi eTrader,
COOOOOOOOOOOOOL, the below attachment is to confirm the above statement. The position is open since Friday based on a signal from the Sys.
I didn't enter the market today as we are having a holiday and the market is not going anywhere.
Happy Eid Oan, Dead soul and all.
- #1,536
- Dec 8, 2008 7:43am Dec 8, 2008 7:43am
- | Joined Nov 2008 | Status: Trader | 2,055 Posts
Nightpipper, thanks for your reply.
I would like to love this system because it's built on solid fundamentals of dynamic support/resistance levels combined with razor-sharp entries and exits....
1) based on the picture you uploaded a few posts ago, your entries are DEAD WRONG except for the first 1. but even then, you already missed the entry.
buy:
-see a dip downwards on the "jim life" indicator
-there is a green bar on the abha timing signal
-near the bottom of the cog band.
sell:
-see a spike upwards on the "jim life" indicator
-see a red bar on abha timing signal
-near the top of the cog band.
don't take the trade unless you meet these conditions. they happen more often than you think. just need some patience.
about the repainting issue, yes this whole system seems to repaint. every indicator seems to repaint. truth is, it doesn't matter. as some people in the thread said many times, this whole system is based on probabilities. when you see a valid signal, it means there is a high probability to take a trade. will it always go the way you want? not necessarily. in that case use smart money management or be like paulus and use martingle. paulus said it himself that in all his trades the price always returns to the center line.
if you still cant get over the repainting issues, use a non repainting indicator. i like to use stochastics simply because when a valid signal is generated i like to confirm if it is actually the top/bottom or will it still go on. stoch is perfect for that. i must say however i do not know how to read the mq4 and im not sure if any of the indicators have stoch already built in. anyway thats what i can tell you.
happy learning
also i will be going live with this system starting in january. i beleive i have tested this system with much success. thanks oan and friends
- #1,540
- Dec 8, 2008 11:34am Dec 8, 2008 11:34am
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts