Keep it Simple Stupid (KISS) Method

And I got stuck up tweaking and optomising yet again LOL

I'm getting happier, can't beat live trade experience for perfecting the system.

Issues where :-

Kept getting in at really crappy prices relative to the SL point.
Main 50 still wasn't perfect, back to my 60sma it's tried and tested and much better IMHO ( Yep full circle here )
By the time the 3ema / 8sma crossed back down, in chop there was too much wasted.


So news SMA'S LAST TIME I PROMISE!!!

2 Linear weighted ( Much quicker )
5 SMA ( Sharper exit called )
20 SMA ( back to the old Fav )
60SMA ( 1hour, 1hour has been doing me good service for 2years )

Yes I'm back nearly to the original a week back LOL

The short 1's are quicker and sharper and more scalper biased which is where I want to be, but a better trend SMA to keep you on the right side.

Today, started from 2300hrs (GMT), trade was not good at all... Market so choppy & seems like transition zone (not sure whether go up or go down).. I should just get into when the obvious trend was there....

I am so sad today... should just learn the price / trend movement on Friday (profit taking day - for other people...)

PGSM,
Nice to know you have found your touch back. Just relying on crossing of MA is not good enough. General observation is that it may work when trending. Even then, the PA is affected by presence of pivots, S/R etc.

As friday is no trades day, looked up my old zulu trade account (pedigreepips if anyone wants to check them out!), as I wanted to try out a theory of mine, which is even easier than the method I have put on this thread!!!

Hadn't been on it for a while, so ignore anything before today on that a/c!!!
1st day :

Total pips 672+

total lost trades 2 - 1 caused by finger trouble (first day errors!!)
total lost pips - 3!

total trades 18

there were a few trades that had significant higher highs than when I closed them out, however, I just wanted to see if my theories held!

So far so good!!

shame I don't have the trading budget I need to do this for myself yet!!!

Easier sounds good, still not happy enough to trade away blindly here, likely just tired and over doing the trading side.


Weekend hooorraaaaaaa

Okay HERE WE GO AGAIN!!!!!!!!! SORRRYYYYYY BUT CONSTANTLY ADAPTING THIS THEME UNTIL I COME UP WITH SOMETHING REALLY SWEET.

Okay HERE WE GO AGAIN!!!!!!!!! SORRRYYYYYY BUT CONSTANTLY ADAPTING THIS THEME UNTIL I COME UP WITH SOMETHING REALLY SWEET.

Current Issues with existing system :-

Tooooooo much Chop on Friday.
Was not trading a long enough Trend, which is KEY!!!!

Solution thus far :-

Slower SMA's in short for the No Trade Zone, which is now composed of 60SMA and 180SMA yes it's BIG yes it's sometimes wasteful, but back testing the EJ over the last week.

Running a 240sma don't trade off it, but watch for trouble near it, sometimes don't take a trade if it's too near wait for it to confirm to.

Currently not running a 3EMA Filter will assess when the market is moving, so it's higher speed price generated.

Exits, I dunno, lets get the Entrys right then scalp or hold longer term depending on how it's looking, object is go for the 40+ pip moves on the EJ.

SERIOUS On the practically does not lose, well as long as you take your profit and don't be too greedy

Hi psgm,
Can u pls post your set up. I want to know what u trade.
Thanks.
Real pips.

Hi Turveyd,
Well done for all u been doing and i have been following.
Can u pls at this point in time state your set up for this week.
Thanks. Real pips.

I have given up constantly amending the ema's being used, as to me either the system works or it doesn't!

No point planning a setup on yesterdays movements!!!


My strategy is basically what I set up from the first entry on this thread!!

If I want to put in multiple emas, I may as well include the rainbow indicator and have done!!!

I think the real problem has been that I have been given suggestions from people who have been trading for many years, but don't really know precisely why an indicator / moving average has been added. Therefore if I don't know why it was added, then I cannot verify if it is useful or not.

The reason why I would possibly give an indication of a move (if nothing else it gives me a heads up of a potential move

3/8 cross after a strong bounce off the bollinger is yet another indicator that a move is going to occur.

if the 3 then crosses the 20 ma, then assuming you have used default settings then there is even more evidence that the move is a relatively strong one.

Finally, if there is a strong move in just one candle, added to the other previous indications, then there is a higher likelihood that the move is a valid one!

To be honest, I think the only serious way to trade this, is to look over a chart and look for very strong movements that have occured in the past.

Try to pick no more than 5 patterns that you can easily recognise, and emblaze these in your memory.

Note what occured prior to these moves, and the typical movement afterwards.

Therefore you will now simply be looking for 1 of 5 patterns that you can trade with regularly.

If it helps, sure add emas, stochastic etc etc to confirm, but the mark 1 eyeball, was is and forever shall be the best indicator of change in the world!!

Took mother nature millions of years to create it - don't think man has improved on it - certainly not yet as least!!!

there are a number of examples I have posted on this thread for you to study - but don't take my word for it. Use your eyes, look for STRONG moves that have occured before and look at the pattern of candles when YOU consider the move to have been confirmed.

These patterns WILL occur (if not exactly the same)

Getting bogged down with configurations, defeats the point of this thread!!!

If you are not sure why an indicator is used - don't use it!!!

Realpips, thats the plan so far, 60sma and 180sma, longs above both only, shorts above both only, and enters the zone in between just exit and give up, seems to be my findings.

PSGM, I'm just trying to get the trend locked down in a manner thats repeatable and tradeable, my original concept 20/60sma No trade zone worked but only in really fast moving markets, using it friday cost me dear ( on a demo account I'm happy to say )

90% sure I've got that nailed, it's taken long enough, perfect no but good enough, failing to come up with a current plan for entrys and exits with the trend, so 3ema/8sma is likely going to be used, trading near the 60/180 works for repeat buys nicely at times with good pippage, but without a exit strategy well CONFUSED.

Demo trade above and hope something else pops into my head for a solution, to the next problem, then start solving the next problem

SMA's give me a simple market direction, past sadly ofcourse, but a 1hour and 3hour confirming the direction is a strong probability of success in short, inbetween it could really go either way so no trades and give up, odds are slightly in favour it'll move to the other SMA then I got nothing.

I've been using SMA's in this manner for YEARS ( Still not rich sadly ), so hence the simplistic rules, crack the current direction and your odds on winning a trade are greatly improved.

If this isn't working in a weeks time, I'll think of or find something else and keep going until cracked.

I like that THV but for some reason it's not loading on my Meta ( I'll try it with the market moving )


It's a Puzzle, it needs to be beaten, when beaten given enough repetitisions and patience even with a small initial outlay you can become a millionaire, and with a good broke that doesn't cut you off LOL

Sorry 60sma and 150sma.


And I've gone back 3 weeks and tested random times scrolling the chart forward ( trust me my memory isn't that good ) and it keeps winning.

I have not rules out the possibility of just trading the 3ema / 8sma and 20sma crosses, that almost works on it's own, a method that may be masterable maybe ??

Moved to a 3EMA / 10EMA Cross ( yes both EMA ), only cause I can run a MACD which used 2 EMA's and displays the difference between them, making it easier and more mechanical to see when they cross

20SMA is still on the table, good performer.

I expect, 3E/10E cross, with the trend filter ( 60S/150S ) rules, is going to be the back bone of the system.

There really is no better short term direction view of the market I can see sadly!!

alhamdulillah...Thanks for sharing....i'm just closed profit for two post...

Just played around with using the Fibonacci tool in a "simple" way"

I know that you are supposed to look for reversal candles around the 50, 68% levels, however, there are a number of times when they can retrace to 31.8 or lower.

So the Kiss solution - wait until the fib level is at - or exceeded 100%!!!

That way, you have illiminated most (if not all) the doubt.

True you may well be losing out on lots of move, but hey if you are going to use the fib tool, you are looking for a move to the 161.8% point.

I have just used this twice - for 25 pips and 15 pips

The second I also added another "kiss" principle - key levels.

I waited for the price to reach 10 pips around the ".00" level - to ensure there is strength in the move.

The next levels from there are .25 then .50 .75 and so on.
This was an additional caution to my trade, as I would have entered 15 pips earlier using the 100% method!

The added beauty of this, is that typically the move is relatively quick once it has hit the 100% mark, whereas for the 68%, you could have significant "chop" before reaching the 100%.

REMEMBER... If you HAVE correctly picked a fib then, then it MUST cross the 100%!!!!

Only the 100% and 0% are worth bothering wist.

EJ works great with the sweet spots, buy near 00, look for 50 to exit very repeatable recently.

I like the MACD for just simply showing the difference between 3ema and 10ema PSGM, try that, there is really no point holding against that good odds it'll get a move pretty much all the time, which if against you is not nice.

New system is demo testing well, it's keeping me more or less on the 3hour market direction, as said before if your with the trend your odds improve hugely.

The no trend zones filtered out a lot of chop.

The MACD 3,10 is a better easier to read when the scale of the market is huge for the cross, working as a very good immediate current direction.

Current setting.

3EMA
10EMA
20sma
60sma
180sma ( dumped the 2 just went with the 1 normally pretty close )

MACD 3,10,1

Confidence is high, I thought I had no winning system last week, PANIC as Fridays conditions was well useless with the old 1.

Taught a uber intelligent girlie how to trade my system, never traded before at all, she had 30mins spare last night to look at it and made 66pips must of picked a good time.

WOWSA thats before my improvements from the weekend ( Which basically reduces the losses, wouldn't effect performance during good times )


Woman's luck hey