FX-50 Great Scalping System | Page 92 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

The Great 05 Level Scalping System 110 replies

1M & 5M Scalping System (Scalping Paradise) 21 replies

Blackdiamond System - Awesome scalping system (Coding Reqd) 9 replies

Average system + great discipline =great results? 44 replies

Attachments: FX-50 Great Scalping System
Exit Attachments

FX-50 Great Scalping System

  • #1,821
  • Mar 19, 2009 7:26pm Mar 19, 2009 7:26pm
Hey guys,

Could someone please explain to me why the indicators on my chart only go back as far as they do? You can see tehy hardly cover any territiory on a chart... making backtesting impossible. I dont have this problem on my computer at home... just at work.

I understand that this is an annoying question to post and ultimately dilutes the quality of the thread... but figure someone here will know failry quickly what the go is.

Cheers, (and see below chart)
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 51 KB
"If it bleeds ... we can kill it"
  • #1,822
  • Mar 19, 2009 11:27pm Mar 19, 2009 11:27pm
Quoting Ari Gold
Hey guys,

Could someone please explain to me why the indicators on my chart only go back as far as they do? You can see tehy hardly cover any territiory on a chart... making backtesting impossible. I dont have this problem on my computer at home... just at work.

I understand that this is an annoying question to post and ultimately dilutes the quality of the thread... but figure someone here will know failry quickly what the go is.

Cheers, (and see below chart)

I believe the instrument you have on the chart might not have sufficient historical data. Your chart suggests that you might be trying to load a futures contract which just started in the 3rd week of March. I might be wrong but that is just my observation.

hnk
  • #1,823
  • Edited 6:25am Mar 20, 2009 3:57am | Edited 6:25am
Quoting Ari Gold
Could someone please explain to me why the indicators on my chart only go back as far as they do?
Hi Ari Gold,
Goto your Navigotor, rightclick on the Kino_T3MA Ribbon Filled indicator
select the 2nd one from above (sorry i have a dutch version; I think it is something like 'edit')
Now MetaEditor will open.
Look at my picture and change the setting.
After that you push the Compile button. After MetaEditor tells you there are no errors and no warnings, you can startup Metatrader again.
That should work.
Attached Image (click to enlarge)
Click to Enlarge Name: ff.gif Size: 54 KB
Trading S/R with PA only. No indicators anymore!
  • #1,824
  • Mar 20, 2009 4:26am Mar 20, 2009 4:26am
Did anybody take this trade?
Attached Image (click to enlarge)
Click to Enlarge Name: ff.gif Size: 53 KB
Trading S/R with PA only. No indicators anymore!
  • #1,825
  • Mar 20, 2009 5:13am Mar 20, 2009 5:13am
I want to show you the trade I am in rightnow. I decided entry on the Tf zones.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ff.gif Size: 48 KB
Click to Enlarge Name: ff1.gif Size: 45 KB
Trading S/R with PA only. No indicators anymore!
  • #1,826
  • Mar 20, 2009 5:56am Mar 20, 2009 5:56am
Nice EuroUSD move
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ff.gif Size: 49 KB
Click to Enlarge Name: ff1.gif Size: 40 KB
Trading S/R with PA only. No indicators anymore!
  • #1,827
  • Mar 20, 2009 6:55am Mar 20, 2009 6:55am
Nice trading Jazz,

Seems like you are in the zone with this method.....well done. I use F4's M1 system alongside an M2 setup.

Seems to me the benefit from what you are looking at with all these ribbons is a way to visualize support and resistance and to keep those who want to jump on poor F4 setups.

You might consider a rule sheet that focuses on how to use the ribbons for support and resistance.....and when trade bewteen the ribbons. Some clarity on that would seem to help.

Otherwise, it's an F4 setup trade.

Cheers
CanuckCT


Quoting Jazz1964
Nice EuroUSD move
  • #1,828
  • Edited 7:56am Mar 20, 2009 7:26am | Edited 7:56am
Hi CT,

Just when I decided to write a manual, Maxzeus wrote that he is working on a manual. So I think he will post it one of these days. All the basic info is allready in this thread, starting from page 100 to 107 with many screenshots and additional comments. It shows also the rule for trading between the ribbons.

About the charts in post 1825: strictly following the rules of f4, it's a bit too early to go short on the arrow, because the guppys didn't cross and trendcci wasn't <-100.
The ribbons told me that it was safe to go short.

About the charts in post 1826: This trade is taken much earlier then with the guppy bounce system.

So I won't say the FX50 system J.E. style is the same as f4's system.
Personally I use f4's system too, I like it and I have learned a lot from him.

You are right when you say that the ribbons are about S&R. I didn't understand this: "and to keep those who want to jump on poor F4 setups." Sorry.

Best regards and good trading to you!
Jazz



Quoting CanuckCT
Nice trading Jazz,

Seems like you are in the zone with this method.....well done. I use F4's M1 system alongside an M2 setup.

Seems to me the benefit from what you are looking at with all these ribbons is a way to visualize support and resistance and to keep those who want to jump on poor F4 setups.

You might consider a rule sheet that focuses on how to use the ribbons for support and resistance.....and when trade bewteen the ribbons. Some clarity on that would seem to help.

Otherwise, it's an F4 setup trade.

Cheers
CanuckCT
Trading S/R with PA only. No indicators anymore!
  • #1,829
  • Mar 20, 2009 8:14am Mar 20, 2009 8:14am
Quoting CanuckCT
....and when trade bewteen the ribbons. Some clarity on that would seem to help.
John Edwards defines minimal pipdistance between the ribbons at 35 pips.

Here is a nice exemple of a trade between the Ribbons I missed this morning. On f4 was it also a good opportunity.

I don't want to show the differences between the two setups anymore. They are both valuable to me.
Attached Image (click to enlarge)
Click to Enlarge Name: ff.gif Size: 62 KB
Trading S/R with PA only. No indicators anymore!
  • #1,830
  • Mar 20, 2009 3:17pm Mar 20, 2009 3:17pm
Thanks for sharing this visually...... Really magnificant trade setups. These will helps others !!! Sharing is one important key to succes in trading.

It's good to see that you keep going on and put a lot of time in all these charts. Especially spotting this one makes a trader more and more confident. Next time you will take it.

Because of the enthusiasm of all that have contributed to this item I'll do another update somewhere in the next week.

How to use FXprime_V2 Final-JE.mq4 in a different way. Guaranteed..... You will be amazed how this helps pinpointing trade entries.

Have a nice weekend, John


Quoting Jazz1964
John Edwards defines minimal pipdistance between the ribbons at 35 pips.

Here is a nice exemple of a trade between the Ribbons I missed this morning. On f4 was it also a good opportunity.

I don't want to show the differences between the two setups anymore. They are both valuable to me.
  • #1,831
  • Mar 20, 2009 3:26pm Mar 20, 2009 3:26pm
Quoting John Edwards
..... You will be amazed how this helps pinpointing trade entries.
Have a nice weekend, John
Hi John,
Thank you for the kind words. It's true that I feel more confident and my hit% is increasing. I hope my charts do help other traders too.

I am curious for the update next week! I hoped you were breeding on something .....Never thought it would be on the FXPrimeV2-finalV2JE

Good weekend to you and to all of you,
Jazz
Trading S/R with PA only. No indicators anymore!
  • #1,832
  • Mar 21, 2009 6:36am Mar 21, 2009 6:36am
Hey, guys!
I've look through this topic. It's very interesting system. I'll try it next week.
But... I have one (maybe stupid) question. You all speak about some "F4's setup". But i don't get about what you're speaking about.
Is it have any difference from setup which described in the first post?
  • #1,833
  • Mar 21, 2009 7:44am Mar 21, 2009 7:44am
The baisc (FXtrading24) system you find in post #1.

During development of this thread and further explorations you may now find several templates and other setups on various pages, like the Soeasy setup and the (F4) F4mnect setup..... to name but a few.

My contribution to this thread starts at page 100. So I suggest go through all the pages........ try them all and keep the ones that work best for you.

For example Jazz1964 did it that way..... studying and learning. Read his comments on these latest pages and you'll know what to do.

John


Quoting Wheel
Hey, guys!
I've look through this topic. It's very interesting system. I'll try it next week.
But... I have one (maybe stupid) question. You all speak about some "F4's setup". But i don't get about what you're speaking about.
Is it have any difference from setup which described in the first post?
  • #1,834
  • Mar 21, 2009 2:31pm Mar 21, 2009 2:31pm
`
Quoting John Edwards
Thanks for sharing this visually...... Really magnificant trade setups. These will helps others !!! Sharing is one important key to succes in trading.

It's good to see that you keep going on and put a lot of time in all these charts. Especially spotting this one makes a trader more and more confident. Next time you will take it.

Because of the enthusiasm of all that have contributed to this item I'll do another update somewhere in the next week.

How to use FXprime_V2 Final-JE.mq4 in a different way. Guaranteed..... You will be amazed how this...
I've looked under the "attachments" section and couldn't find the " FXprime_V2 Final-JE.mq4" .....where can I download this? Thanks!!
  • #1,835
  • Mar 21, 2009 4:52pm Mar 21, 2009 4:52pm
Would you be so kind to tell me on which page original post with F4mnect setup is?
  • #1,836
  • Mar 21, 2009 8:00pm Mar 21, 2009 8:00pm
Quoting Wheel
Would you be so kind to tell me on which page original post with F4mnect setup is?
Here is the link
http://www.forexfactory.com/showthread.php?t=71075

FX-50 and F4, both are excellent read.

Enjoy.
  • #1,837
  • Mar 21, 2009 8:37pm Mar 21, 2009 8:37pm
Quoting Wheel
Would you be so kind to tell me on which page original post with F4mnect setup is?
Both F4 and FX50 systems and other systems are practically the same with some variations and settings from the original FX-Prime 1 minute system found at http://www.forexfactory.com/showthread.php?t=114258

Reading the first few pages from the original FX Prime 1 min system will give you a better idea of how the FX50, F4menect, and other variations were developed for better and more profitable trading. Just explore all the variations and practice the one that feels easier for you until you feel comfortable and become profitable in a demo account.
  • #1,838
  • Mar 22, 2009 6:56am Mar 22, 2009 6:56am
Quoting 4xplosion
`
FXprime_V2 Final-JE.mq4" .....where can I download this? Thanks!!
4xplosion, here it is
Attached File(s)
File Type: mq4 FXprime_V2 Final-JE.mq4   10 KB | 718 downloads
File Type: ex4 FXprime_V2 Final-JE.ex4   11 KB | 564 downloads
Trading S/R with PA only. No indicators anymore!
  • #1,839
  • Mar 22, 2009 9:41am Mar 22, 2009 9:41am
Thanks, guys!
I also want to ask you about trading hours. In which time it's the best to trade using this system? And with which currensies?
  • #1,840
  • Mar 23, 2009 3:08am Mar 23, 2009 3:08am
One of the advantages of the TF zones setups...... you'll find starting on page 100, is....... that this is one of the very few systems which is completely independent of time.

Here are a few posts by "Damonl", who apparently knows ForexFactory inside out 100%, probably by now having posted more than 2700 times!!! Posts: 1672, 1676, 1681, 1689, 1714...

Check all the Jazz1964 posts and verify the unequalled filter power for NTZ's (No Trading Zones) when inside or between ribbons....

Just follow the rules and study the examples and you will soon know why this systems provides 24hrs around the clock several trading opportunities.

Don't expect miracles, just master the setups.

Start a new week the right way..... Good Luck.

John


Quoting Wheel
Thanks, guys!
I also want to ask you about trading hours. In which time it's the best to trade using this system? And with which currensies?
0 traders viewing now