Popee83 System

This is in response to POP83 system which some folks are trying to comprehend, hopefully POP will drop in and answer a couple of questions.
First I must give respect to Cobra and the THV CLAN for the development of the mother system which earned alot of pips for a lot of folks. Now we are enhancing or tweaking it a bit with a new templet which has the ability to add filter to the charts. POPEE83 presented the templet and since I am a fan of the 5 min chart and the gbp/usd currency this aroused my interest. I (tracom) do not have any interest in selling anything. as stated before I just want to learn a decent system and be on my way. This thread is intended for all to learn from POPEE83 who appears to be an experienced trader. I do realized that his time is limited but hopefully we can grab whatever we can. All suggestions are welcomed and encouraged, if someone has another indicator they would like to introduce by all means BARGE IN to the forum and do so. If its going to make money for everybody who cares.


Manual: By POPEE83

Well, Folks .... straight to the point:

INTRO:

The system we'll name Katy Perry System. It comprises 3 main sub systems, namely: m-fibo, X_fibo and Centre of Gravity (CoG). It's core approach to calling trades is based on median trading ...

demo the system first ..... and not for sale ...

Shout outs
Tracom...a great guy .. takes risks to learn new things ...
Ams.. .. the voice of reason here ...
DOVO, Giff, S.ED
all of you beginners as well as new learners
My Girl.. Katy Perry for inspiring the mentality

median trading:

m-fibo: We divide the trading day as a whole into fibo quartiles. m-fibo does this for us auto. These quartiles given by m-fibo will give us the trading ranges on either side ... up or down the trading day in question.. The quartiles have the m-fibo yellow line as equilibrium (pivot). To the upside, the first line is .382, the second is .618 and the third 1.0 projection. Same applies to the downside from the pivot.

x_fibo: This indicator serves as the cluster provider and also measure fib levels for each fresh day .. it's also auto ... The top solid gold is the previous day's high and the lower blue solid line is the previous day's low ...
The centre golden dotted fib lines subdivide the previous day while the upper and lower lines with + & - are break outs ....

Center of Gravity (COG): A fascinating indicator this one.... this is the "trade what you see" steering wheel... more or less like Sir Isaac Newton's LAW OF GRAVITY. This works better than even fib arcs.... The middle blue line is the core of the gravitational pull in the markets ... The upper/lower green lines are the acceptable trading ranges .. and the further two golden lines are extremes ... little oxygen their ...

SIGNAL INDICATORS:

1. sidus-crossover: This indi. has alerts. Has two hollow arrows ..
blue/yellow. Also has two boxes .. yellow and blue ... blue arrow - long,
yellow arrow - short

2. ZigandZag: This one has got the two solid arrows .. blue (long) and red
short).. also has a white spot (pause in trend) ... white spot comes in
handy trimming draw downs ....

3. SHI-silvertrend:Here we have the two round/circular blue (long) and
red (short) dots...


BEGINNERS RULES:

ENTRY:

LONG: sidus indi's blue hollow arrow appears for a long time ... The COG curve is facing north on the m15 TF or m5 TF, if scalping .... TP set at 1/2 ATR value ... don't target to catch up with the upper green line of COG for TP. SL set at ATR value.

SHORT: sidus indi's yellow hollow arrow appears for a long time ... The COG curve is facing south on the m15 TF or m5 TF, if scalping .... TP set at 1/2 ATR value ... don't target to catch up with the lower green line of COG for TP. SL set at ATR value

After a cycle.. wait for the next sidus in tandem with the COG direction ... to re-enter....

EXIT:

TP/SL hit ......

Caution: Short term trend expected to change or experience extreme resistance whenever we hit a fibo cluster zone .... ( to be explained later on ...)


............

EXTRAS: For daredevils ... you can ride the sidus signals ...in the trend direction of COG .. temporarily exiting on appearance of SHI or ZigZag ... that is against trend, and re-entering uppon appearance of the next SHI or ZigZag in tandem with the trade ... Carefully respect x_fibo nodes while at it ...

m-candle ... is a huge H4 TF shadow and aids in trend identification ....



See attached pictures to identify the signals and interprate them as advised ....



SUPPORT & RESISTANCE (FIB CLUSTER ZONES)

Please refer to past posts and see how the trading ranges were determined ... as well as the R & S zones picked out... This lines are from the convergence of m-fibo projections with X_fibo ... very crucial zones that command a high degree of respect .... both for the trading day in day in question and for historical reference ....

Hey POP is there any chance of you putting together a little manual for the this trading system so we can get the full understanding of your templet, it looks very interesting.

Nice preposition. I will try and post the manual... may take a couple of days though.... and thanks again for starting the thread ..

I was thinking of this to start with more of mentor-ship work as opposed to much "jibber jaba".

So, first things fast - i wont tell you all the 10 commandments of trading e.t.c
No, I need you to start by listening to music .. a song by Katy Perry called - Waking Up in Vegas - google it.. and if possible have your own mp3 file from waptrick.com for your cell phone. You will need it .. trust me and i love this song ... The Fx is just like vegas .....

Carefully comprehend the words .. "shut up and put your money where your mouth is , that's what you get for waking up in vegas ... Get up and shake the glitter off your clothes now, that's what you get for waking up in vegas.."

Well friends, welcome to vegas ... and remember ... what happens in Vegas, Stays in Vegas.

Let me throw you guyz a long shot curve ball .... Search the net and you wont find this target range ...

This year we are expecting gold to reach new cycle highs, about 1900 per ounce(unbelievable right?).The US dollar will be weakened immensely for this is a bull year. Also, the US economy will turn around faster than most economists believe - this very year, not next year .. but will bring with it much inflation and push gold soaring. NFP and Housing numbers will of course lag on ..

So, watch this space and prove me wrong ..........

FYI. I hope you have got your Waking Up in Vegas .. just love katy perry..

Thank You Sir, Maybe you can steer me or anybody else in the right direction. If I can get a certain amount of pips per day that would be awesome. right now Im about 50-50, last week I took a big hit on the gbp/usd (1 large) I was doing well with that currency unitil it started to fall. I need some type of consistency. And do that with out to much screen time. Its bad enough thats what I do all day on the job.

This week go long the gbp/usd pair. if you are scalping, be careful with the shorts and make sure they are well calculated. gbp/usd is soaring to retest the 1.6661 high ... and this will happen swiftly and many newbies will be caught off guard.....

About the template please give some time. Meanwhile, follow the m15 TF raising and pause at the fib levels .... Remember, trade always withing the two green lines of COG...

Im on a 5min TF POP with the GBP/USD thats what I have much success on, would you please explain what the white dots represent and do we get in on the arrows or the blue/red dots ? should I be looking at the 15 min ?

Got a chart up

Hey tracom,

The white dots are from the zig and zag indi. They show strain/pauses in PA speed.But the trend will still continue. The red and blue dots from the shi-indi .. will give you earlier entry signals. Once you are within COG and coral agrees, use the red/blue dots for entry and exit at TP or fib line. Analyse the sidus channel arrows too but arent as reliable .

The GMACD indicator will give you a sense of direction especially the major trend indicator. When the major trend is down/up strong ... dont even scalp against it, just ride it within the m15 COG green line constraints ... Once things are cool, you can scalp.

Digitalstoch acts to confirm GMACD for overbought and oversold situations... but don't trade it ..

If you got your m-fibo up: Here are tomorrows trading ranges

Euro/Usd: Long target1: at 1.3970 and target 2: at 1.4020.

Gbp/Usd: Long target 1: at 1.6095 and target 2: at 1.6170.



So, good luck and Good trading day ....

OK, Iam I reading this right ? A change is occuring ?

Popee83,

Thanks a lot for your tip, and again I am not arguing or anything but how can you predict this?

From my prespective gold going that much higher!! Never happened before and world economy has to crash for this to take place. What I mean by this is, the US economy/currency becoming so cheap that everything it refers to goes up. Which also means that US will not be buying goods from other countries as they will have cheaper goods at home. Countries relying on US will be badly effected. They might also start shorting there own currency like japan to be at par with US for their business.

I do beileve that £ will retest 1.666 as I play long charts but intrested in scalping hence looking at the thv system.


thanks
ams

Hey listen, after the housing bubble burst and affected the whole wide world economy, anything can happen. I think we should all keep our eyes and ears open and put trust only in ourselves, thats what brought me to forex.

I need this kind of challenges ... and i appreciate it. Well, I see the derivatives placements going on around the world ... first hand and the positions that many Investment Banks ( IB ) are placing.

This is the catch, the US consumers must spend and be lured back into the markets. This is the essence of a rebound in the equities markets ... and from what is going on with the quantitative easing (QE) and interest rates (IR) decisions by major economies ... IB risk appetite is rising.

All in all, this is the bigger picture agenda for the US and the global economy. IR and QE is to stimulate a quick economy pushing the US to accept socialism to ease pain from last years financial calamities, housing, oil soaring etc.

U.S. unemployment figures will reach around 14% by the end of the year, almost doubling the current official figure.

The overall plan for all the QE and IR is to facilitate an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.

To achieve this, Central Banks are fostering a false picture of economic recovery, suckering investors into ploughing their money back into the stock market again only to later unleash another massive downturn which will create massive losses and searing financial pain in the months ahead.


Moreover, the dollar is to be challenged as we seek a safer haven - perhaps gold or a basket of currencies .. Only Geithner is feeling the heat ...

Newbies ignore such discussions: Concentrate on indicators and the signals i'll be posting. All are welcome to post their signals... its open ...



.................................

NB: What happens in Vegas, stays in Vegas ....

OK........... thats a little deeper than what I was thinking, but Im with you POPS. Show us how to fine tune so we can get some pips.

So ams,
Lets face it, the US dollar is to be made to look very bad to push for a replacement system. That is the talk in IB currently. And if you research carefully, all IBs are hedging gold, not the US dollar...


Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a headline-grabbing proposal by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, but which Geithner described as more modest and "evolutionary.

Also, At the G20 summit in London, Russia was pushing for sweeping global financial reforms designed to weaken U.S. dominance and replace the dollar with a new “super-national reserve currency.”


So gentlemen. ... just keep eyes open and brace yourselves .. this time round PA will pay little respect to fib....


And yes, gbp/usd will retest the 1.6661.....

Where can I get this system? It looks like popee really knows what he is talking about.

Yea I heard that too, hopefully I will be into stocks by then. To be honest though I think there are to many folks who really dont want that to happen.

GBP/USD on the rise-I see it, maybe I can get my money back from last week

Here is the link at cobrafx THV.

http://www.forexfactory.com/showthre...27271&page=751

Thank you very much!