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Great GBP/USD Strategy for Swing Trades

  • #421
  • Apr 13, 2007 7:12am Apr 13, 2007 7:12am
Ebenst
Looks like you answered both my questions b4 I could even ask it!!

If you had your finger on the trigger, you trade AS the 13 crosses the 50 and not on the opening of the next candle.

Thanks and enjoy the weekend.
  • #422
  • Apr 13, 2007 7:19am Apr 13, 2007 7:19am
Doji Star. If i am correct then the opening of the candle would have confirmed the cross. If you trade on the close then you would be 4 hours late in the trade.

Please also note that i had only one trade with this strategy wich was stopped out. By no means am i an expert on this strategy. I just try to follow the rules as stated

So anything i say needs to be confirmed or corrected by more experienced traders or the originator himself

Eben
  • #423
  • Apr 13, 2007 7:58am Apr 13, 2007 7:58am
GU made me 100 pips today using this strategy ... got in @ 1.9757, TP @ 1.9857

Anyone w/similar results??

Or are y'all letting this one run? I know the strategy says to wait until the 4EMA crosses the 13EMA again to TP, but I just couldn't resist... Has anyone backtested with a TP of 100??
  • #424
  • Apr 13, 2007 8:06am Apr 13, 2007 8:06am
Can Anyone Tell Me What Exactly Does Cable Mean. I Keep Hearing It And Don't Have A Clue What That Means.
  • #425
  • Apr 13, 2007 8:16am Apr 13, 2007 8:16am
GBPUSD
  • #426
  • Apr 13, 2007 8:22am Apr 13, 2007 8:22am
Quoting El Nacho
GU made me 100 pips today using this strategy ... got in @ 1.9757, TP @ 1.9857

Anyone w/similar results??

Or are y'all letting this one run? I know the strategy says to wait until the 4EMA crosses the 13EMA again to TP, but I just couldn't resist... Has anyone backtested with a TP of 100??
Haven't backtested TP100. Currently using an incremental stop, -50 up to +100, breakeven stop at +101 to +200 and locking in +100 at >=+201. The 4x13 cross exit used as per rules, in the meantime.

I use 13,3,3 (rather than 13,5,5) on the daily filter just to make it a little more sensitive, again not backtested. I'm in long GBP/USD 1.9720 on the 10th April and so far the trade has peaked at +166 pips, so stop now at breakeven.

I'm forward testing: U/C, E/U, U/J and E/J. Live trading G/U only at the moment.

VyNNer, thanks for a great method.
  • #427
  • Apr 13, 2007 8:32am Apr 13, 2007 8:32am
Sounds interesting Chow... Please post your results !
  • #428
  • Apr 13, 2007 9:30am Apr 13, 2007 9:30am
nacho..how did you get in at 1.9757.. no cross at all then..

Quoting El Nacho
GU made me 100 pips today using this strategy ... got in @ 1.9757, TP @ 1.9857

Anyone w/similar results??

Or are y'all letting this one run? I know the strategy says to wait until the 4EMA crosses the 13EMA again to TP, but I just couldn't resist... Has anyone backtested with a TP of 100??
  • #429
  • Apr 13, 2007 9:37am Apr 13, 2007 9:37am
Hi, allow me to share a tinny comment :
1. Since EMA 4 is basically glued to the candle, might as well not use it, see the candle when it breaks the EMA 14 basically the same as EMA4 crossing EMA 14.

2. THe Stoch 13,5,5 is used in the daily chart but I notice when there is short rebound (4 - 5 days), the stoch does not recognize this. Why not use 5,3,3?

By the way , my metatrader only have stochastic, it does not give me the option of slow and fast. What is the difference?

Eddy
  • #430
  • Apr 13, 2007 4:51pm Apr 13, 2007 4:51pm
i did tested this strategy today for the firest time,but with mine own modification,stoch(10.3.3)then i add aADX indicator,i did inter when ema4 cross ema 13. on 4tf. today on jpy i did exited when ADX showing crooss doawn,on 4tf.you will see on image notice i got early signal from ADX for reserval , +90 pips.same thing with chf, lets test more pairs regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: jpy.jpg Size: 86 KB
Click to Enlarge Name: chf.jpg Size: 87 KB
  • #431
  • Apr 13, 2007 7:46pm Apr 13, 2007 7:46pm
I got in a bit late...Original signal for me (i.e. on the open of the next candle after the 13 EMA finally crossed the 50) was around 1.9747 (take a look at the crosshair on the H4 chart). When did u get the signal?

Quoting coolshades
nacho..how did you get in at 1.9757.. no cross at all then..
Attached Image (click to enlarge)
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  • #432
  • Apr 13, 2007 7:53pm Apr 13, 2007 7:53pm
I have never looked at this thread before... but now that I do, I can tell you this is basically the same system as Rob Booker 5-13-62 system !!!

It is a great system too... and your filters are great !! I am going to check this out more because Rob Booker does not have the filters you mention in the first post.

This system will work well with lots of pairs and in any timeframe !!!
  • #433
  • Apr 13, 2007 8:32pm Apr 13, 2007 8:32pm
Quoting El Nacho
GU made me 100 pips today using this strategy ... got in @ 1.9757, TP @ 1.9857

Anyone w/similar results??

Or are y'all letting this one run? I know the strategy says to wait until the 4EMA crosses the 13EMA again to TP, but I just couldn't resist... Has anyone backtested with a TP of 100??
i got the same result too..but my TP was set to 80pips only..too bad
  • #434
  • Apr 14, 2007 9:28am Apr 14, 2007 9:28am
Folks,

Please make sure, if you possibly can do it, to keep posting your charts on this thread so that others can have an example of how to trade the 4 hr Vynner setup.

I'm a beginning learning and it would help me out greatly too!

peace,

hilton
  • #435
  • Apr 14, 2007 11:59am Apr 14, 2007 11:59am
Does anybody have this indicator? I was never able to find it, and I would be interested in taking a look at it, and using it on a demo.

Quoting amir777
Hi VyNNeR and all.
thank u for sharing your system.

I try to exit with more pips as in the basic rule and am find that if a i add a DEMA indicator adjust 24 ( u will see it in the 2 charts bellow ,the black line), when it cross the 4ema it gave about 50 more pips/trade...
Life is too short to have anything but delusional notions about yourself.
  • #436
  • Apr 15, 2007 7:51pm Apr 15, 2007 7:51pm
Hi

May you kindly share the setting of the aADX indicator?
Btw, how does the aADX signal an exit??

Thanks!


Quoting sps8
i did tested this strategy today for the firest time,but with mine own modification,stoch(10.3.3)then i add aADX indicator,i did inter when ema4 cross ema 13. on 4tf. today on jpy i did exited when ADX showing crooss doawn,on 4tf.you will see on image notice i got early signal from ADX for reserval , +90 pips.same thing with chf, lets test more pairs regards
  • #437
  • Apr 16, 2007 4:04am Apr 16, 2007 4:04am
Quoting TSK
Hi

May you kindly share the setting of the aADX indicator?
Btw, how does the aADX signal an exit??

Thanks!
we he, got asignal of reserval befor opening anew 4 hr candel,as explained in image .with standard set up 14. thanks
Attached Image (click to enlarge)
Click to Enlarge Name: jpy.jpg Size: 86 KB
  • #438
  • Apr 16, 2007 6:14am Apr 16, 2007 6:14am
Quoting hoss
Does anybody have this indicator? I was never able to find it, and I would be interested in taking a look at it, and using it on a demo.

hoss this indicator is on the dealbook 360 platform
  • #439
  • Apr 16, 2007 11:27pm Apr 16, 2007 11:27pm
hi there! it seems like a great strategy to use. any signals for this today or this week yet?

jose.
  • #440
  • Apr 17, 2007 6:39am Apr 17, 2007 6:39am
No signals in the near future. We are waiting for another cross of the 50 ema which looks like it could be a while!
Life is too short to have anything but delusional notions about yourself.
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