EUR/GBP Trendmagic System | Page 13 | Forex Factory

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EUR/GBP Trendmagic System

  • #241
  • Jun 4, 2009 11:22am Jun 4, 2009 11:22am
Quoting Edgetrader
You show a Eur/Usd chart whereas mine is a GbpUsd chart.
Yes, im sorry, im stupid.... I re-organized charts and I have habit to have CABLE chart on second monitor....You have true, so I'm CABLE short and +52 pips
Do you want an EA for your own profitable system? E-mail or PM me.
  • #242
  • Jun 4, 2009 11:25am Jun 4, 2009 11:25am
Countertrend? Aren't you trading M1 in direction of M15?

Quoting nisha4x
Hi BenQ

I am looking at 15 min TF while scalping the M1, i know its risky for counter trend, but i am risking only 0.1 lot per trade for every 2K i have , so am able to take the drawdown to max 30 pips SL. I did not want to trade on demo, so as to see how i can perform when i take the signals as it comes on chart. I wait for qqe and lag to show direction before taking a trade
  • #243
  • Jun 4, 2009 11:26am Jun 4, 2009 11:26am
HI shashi

QQE is 5, best for scalping

Laguerre is set at 0.8

here u go attached all indi's with template

nisha

Quoting smpprj
Hello Nisha. Shashi here.What is your QQE smoothing set at 60 or?Also,can you please post your Lag indicator.GOD BLESS.....
Attached File(s)
File Type: ex4 HG_0001a.ex4   3 KB | 1,508 downloads
File Type: mq4 Magnified Market Price.mq4   2 KB | 1,250 downloads
File Type: ex4 Laguerre-ACS1.ex4   4 KB | 1,550 downloads
File Type: ex4 ###QQE_Alert_MTF_v5###.ex4   19 KB | 1,641 downloads
File Type: tpl 1.tpl   10 KB | 1,275 downloads
Trend is your friend...
  • #244
  • Edited 11:31am Jun 4, 2009 11:28am | Edited 11:31am
yes, i am in the direction of M15, but sometimes, i do take counter trend trades which risky, so not advising anyone to do that unless they have solid SL in place.

if anyone can notice, that if in a downtrend, price retraces to first 60 ema and if has power upto 200 ema as they act as solid resistances in downtrend and support in uptrend. So these places can be where we can take profit and wait for PA .

Quoting BenQ
Countertrend? Aren't you trading M1 in direction of M15?
Trend is your friend...
  • #245
  • Jun 4, 2009 11:31am Jun 4, 2009 11:31am
cabbagepicker:
shame on you asking questions without reading the thread making us look up answers for you....just teasing. Please see answer on post 172.
Steve
  • #246
  • Jun 4, 2009 11:37am Jun 4, 2009 11:37am
Thank you,Nisha
  • #247
  • Jun 4, 2009 11:39am Jun 4, 2009 11:39am
anyone watching PA on the 1 min, if u wanna get into the long trades, wait first for qqe to cross 50 up and lag to go above 0.15 to even think of taking trades, keep SL at 20 pips...and ride it if it has the power, move to BE+1 as soon as ur 20 pips up
Attached Image (click to enlarge)
Click to Enlarge Name: 1minwait (Large).gif Size: 95 KB
Trend is your friend...
  • #248
  • Jun 4, 2009 11:42am Jun 4, 2009 11:42am
Quoting Horrigan
Yes, im sorry, im stupid.... I re-organized charts and I have habit to have CABLE chart on second monitor....You have true, so I'm CABLE short and +52 pips
No worries. Would close cable and look to re-enter based on 5M turn now.
  • #249
  • Jun 4, 2009 11:45am Jun 4, 2009 11:45am
Quoting nisha4x
anyone watching PA on the 1 min, if u wanna get into the long trades, wait first for qqe to cross 50 up and lag to go above 0.15 to even think of taking trades, keep SL at 20 pips...and ride it if it has the power, move to BE+1 as soon as ur 20 pips up

I really like your approach to this. Can you post one or two trade examples that you took so I can get all the details? Thanks in advance
  • #250
  • Jun 4, 2009 11:47am Jun 4, 2009 11:47am
just closed the gu trade when qqe was about to cross up and lag

made about 63 pips on this

Quoting Edgetrader
No worries. Would close cable and look to re-enter based on 5M turn now.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1min (Medium).gif Size: 46 KB
Trend is your friend...
  • #251
  • Jun 4, 2009 11:49am Jun 4, 2009 11:49am
But....

To those asking for indicators that have been posted, templates for the whopping 2 or 3 indicators that are needed for this (really only one), could you do me a favor?

READ

THE

THREAD!

Seriously, it is only 17 pages at this point. I was away for an hour and a half, some great posts with people's trades, and several others asking for someone to hand them something that could be found in 30 secs on their own.

Sorry if I am out of line here, but I am really excited about this thread, and would like to continue reading constructive posts moving forward. Flame me at will....
  • #252
  • Jun 4, 2009 11:49am Jun 4, 2009 11:49am
hi

download the template i uploaded earlier, with the indicators and u can ruin it across any currency pair, its really good. try on demo til ur confident and then do it on live

Quoting profundo
I really like your approach to this. Can you post one or two trade examples that you took so I can get all the details? Thanks in advance
Trend is your friend...
  • #253
  • Jun 4, 2009 11:50am Jun 4, 2009 11:50am
Quoting Edgetrader
No worries. Would close cable and look to re-enter based on 5M turn now.
cable closed @ ,,120 and waiting for signal on M1 dot
Do you want an EA for your own profitable system? E-mail or PM me.
  • #254
  • Jun 4, 2009 11:53am Jun 4, 2009 11:53am
HOw to solve this: my Trend Magic repaint???? is it possible??
  • #255
  • Jun 4, 2009 11:59am Jun 4, 2009 11:59am
Quoting metatsock
HOw to solve this: my Trend Magic repaint???? is it possible??

http://www.forexfactory.com/showpost...&postcount=111
  • #256
  • Jun 4, 2009 12:04pm Jun 4, 2009 12:04pm
Quoting Maelstrom
http://www.forexfactory.com/showpost...&postcount=111
Ohhhhh how can i solve it???? What is the parameter that i have to change?
  • #257
  • Jun 4, 2009 12:06pm Jun 4, 2009 12:06pm
hi all

its close for me, i usually dont trade the us sessions,not been good to me since i started,so i try my best to avoid, max i have traded is upto 2 hrs of open , if not best is 1 hr before london starts and to close trades once i reach my target for 60 pips a day, today was lucky to get more then 350+

i am not trading tomm, its NFP, will be quite volatile day, seeing the 4hr charts, looks like USD will be the gainer,

see u on Monday at london open,
Trend is your friend...
  • #258
  • Jun 4, 2009 12:19pm Jun 4, 2009 12:19pm
I don't know that there is a solution for the actual TM indicator itself. From what I have seen, TudorGirl's indies do not repaint. For me, I have simply put the multi timeframe indie on a 1 min chart set to 1,5,15, and 60, and it seems to work out perfectly.

Quoting metatsock
Ohhhhh how can i solve it???? What is the parameter that i have to change?
  • #259
  • Jun 4, 2009 1:07pm Jun 4, 2009 1:07pm
I have some renewed confidence in trading yen crosses now. cool!
Attached Image (click to enlarge)
Click to Enlarge Name: shot1.PNG Size: 96 KB
  • #260
  • Jun 4, 2009 1:24pm Jun 4, 2009 1:24pm
Here's my current setup and a trade example. Scalping M1 retracements on an M15 chart. Top two rows changed to M15, bottom two both M1. This will avoid any repainting scenarios.
Attached Image (click to enlarge)
Click to Enlarge Name: td.gif Size: 19 KB
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