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EUR/GBP Trendmagic System

  • #901
  • Jun 8, 2009 4:57pm Jun 8, 2009 4:57pm
Quoting Digitalis
The first part of the statement is a certainty (higher stop loss), the second part is only a probable.

So I'll stick with the lower time frames until I'm in the zone with this method.
Indeed, that's why I wrote "the perhaps you may get" part of the sentence... I don't know yet, but that's probable... I'm going to take some research time....

And I agree with you... one may feel comfortable with the system before jumping to variations

Good Trading!

Cheers!
Many share my views with me. But I don't share them with them...
  • #902
  • Jun 8, 2009 4:57pm Jun 8, 2009 4:57pm
Hi Anne,

speaking of shopping, me and my wife has a workshop going on.

I work, she do the shopping ....

Thank's for all the hard work,

PC

Quoting TudorGirl
This thread started on 28 April and had fizzled out by 11 May after less than 2 pages.

I joined on 23 May and in the last 2 weeks we are now up to 59 pages!

I have this nagging fear that if I were to leave the PC for more than 2 hours then return, I would never catch up on the backlog of posts.....lol!

I am not sure if I even dare to go shopping.....

Anne
Less is more...
  • #903
  • Jun 8, 2009 5:00pm Jun 8, 2009 5:00pm
yes thanks TG

I mean that you got alot of good karma coming your way,please dont forget to sleep all work and no play makes ......

Stay cool ..

P
  • #904
  • Jun 8, 2009 5:00pm Jun 8, 2009 5:00pm
Quoting TudorGirl
No, I haven't done much else for a few days, other than get a LOT further ahead with the haemodynamic model for the Multiple Sclerosis project.

A very old friend in Norwich who trades IB thru TradeStation is currently testing the TS versions with full Strategy capability. Seems quite happy so far.

But, thanks. It IS nice to be appreciated.

Thank you,

Annie
Opsss.... now you're talking my language.... very interesting....
Many share my views with me. But I don't share them with them...
  • #905
  • Jun 8, 2009 5:03pm Jun 8, 2009 5:03pm
Stumbled on this thread a few days ago. Glad I did.

Respect and thanks to all of you, especially TudorGirl and Paulus. (btw I have been in that castle - amazing place)

Peter
  • #906
  • Jun 8, 2009 5:24pm Jun 8, 2009 5:24pm
Quoting cabbagepicker
Here is a chart for the last day or so on thr BEAST. If I am correct, following the rules that not only must the candle close above/ below TM line, but also the next highest dot (in this case H4 or D1) in the MTF indicator must also match, there would have been 3 long trades for the last several days, all stopped out for a loss. Am I correct? I use ODL as my data feed broker.
In post #886, cabbagepicker shows Exhibit 1 for the defence.

If you use a non-linear timeframe like a Renki chart (public domain software for this attached), AND use the ultra-low lag versions of the indys (forthcoming), you get Exhibit 2 for the prosecution.

"Sing once again for me,
Our strange duet,
My power over you,
Grows stronger yet..."

The Phantom of the Opera


Anne
Attached Image(s) (click to enlarge)
Click to Enlarge Name: tg h1 gbpjpy 6-8-09.gif Size: 17 KB
Click to Enlarge Name: gj_crb_5.jpg Size: 96 KB
Attached File(s)
File Type: txt instructions.txt   < 1 KB | 1,413 downloads
File Type: ex4 range_bars_wlas_v09.ex4   9 KB | 1,091 downloads
  • #907
  • Jun 8, 2009 5:54pm Jun 8, 2009 5:54pm
Wow, a couple of trades last night -- make a post, travelling today and the thread has exploded. I only expect it will pick up from here. A testament to the leadership and abilities of Paulus and Anne Boleyn.

Please guard carefully what you spend your three T's (Time, Talent, and Treasure) on. I do believe your leadership is needed and I would hate for you to burnout, get overwhelmed or frustrated.

With that said, I trade the system a bit differently so I will refrain from posting charts for now to avoid confusing others or cluttering the thread. Once I have thoroughly vetted the "Pauli Girl" System (Paulus + TudorGirl) I will report back with my findings.

One word of caution to those trading live -- this system is not the holy grail (although close), what is between your ears is the holy grail. Trade with caution, be conservative. No system wins all the time in all market conditions. Do not become overconfident -- it's the quickest way to blowing an account.

Cheers,
MB
  • #908
  • Jun 8, 2009 5:56pm Jun 8, 2009 5:56pm
Quoting TudorGirl
"Sing once again for me,
Our strange duet,
My power over you,
Grows stronger yet..."

The Phantom of the Opera


Anne
http://www.forexfactory.com/images/icons/icon7.gif


Yes, indeed. You know, just a few hrs ago I purchased a commercial version of crb's, lol. Still, don't mind, since the guy is very good, plus does valuable work for charity.

Pardy
  • #909
  • Jun 8, 2009 9:07pm Jun 8, 2009 9:07pm
Quoting locle
thanks Paulus and Tudorgirl for your easy trading system, I hope you guys stay with us on this thread, we need you..
Attachment
HI LOCLE

I like your chart ,can you put on your template and indicators ,thanks
  • #910
  • Jun 8, 2009 9:15pm Jun 8, 2009 9:15pm
Seems everyone goes to sleep after 6:00 PM PST
  • #911
  • Jun 8, 2009 9:22pm Jun 8, 2009 9:22pm
Quoting paradoxical
Seems everyone goes to sleep after 6:00 PM PST
It sure did get quiet. I am in NY and it is 10:30 PM. I am going to go catch some zzzs then get up at 2AM for the UK session,

Best of luck to all!
Believe and Achieve!
  • #912
  • Jun 8, 2009 9:35pm Jun 8, 2009 9:35pm
Quoting paradoxical
Seems everyone goes to sleep after 6:00 PM PST
No, I just woke up after 3hours of good refreshing sleep and gonna experiment remaining asian session with AUD/JPY AUD/NZD and NZD/JPY.

G/U E/U G/J E/J All drop down like crazy i am 25 min late to get in
  • #913
  • Jun 8, 2009 9:56pm Jun 8, 2009 9:56pm
Hi All

Nice little trade for me a couple of hours into the Tokyo session, took 40

I like trading the Asian. I usually watch the first 2-3 hours then take a break and get ready for the London open.


regards all
Attached Image (click to enlarge)
Click to Enlarge Name: EY_1m.jpg Size: 80 KB
  • #914
  • Jun 8, 2009 10:02pm Jun 8, 2009 10:02pm
toady morning
trade gbp-jpy

sell@ 158.02 and colse @ 157.34

get about 60 pips

thanks
Attached Image
  • #915
  • Jun 8, 2009 10:17pm Jun 8, 2009 10:17pm
I am assuming when somebody says this MTF indicator repaints that it does not refresh itself...to fix this does anyone know of any plugin that could automatically refresh the template or recycle the timeframe to make the indicator refresh itself? I notice the indicator changes its red and blue colors at times when I cycle through the time frames and then go back to the the time frame I had originally...any thoughts? Thanks a bunch to Paulus and TudorGirl for amazing work on this system. I am enjoying experimenting with it very much
  • #916
  • Edited 11:48pm Jun 8, 2009 11:27pm | Edited 11:48pm
great trade this asian session when TG's indicators lined up, it realy took off. (I was already in this trade from a daily system I use). But I added more when all of the indicators lined up. 100+ pips
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy 6-9-09.gif Size: 16 KB
Pips are like cabbage, the green ones are the tastiest!
  • #917
  • Jun 8, 2009 11:28pm Jun 8, 2009 11:28pm
Quoting sebastiaos
No, I just woke up after 3hours of good refreshing sleep and gonna experiment remaining asian session with AUD/JPY AUD/NZD and NZD/JPY.

G/U E/U G/J E/J All drop down like crazy i am 25 min late to get in

How's trading the AUD/JPY AUD/NZD and NZD/JPY coming?
  • #918
  • Jun 8, 2009 11:33pm Jun 8, 2009 11:33pm
Try using a 50 SMA on 5m chart as the stop loss.
It allows more room to breathe when trending.
Drawback is a bigger stoploss than the Trend Magic line.
  • #919
  • Jun 8, 2009 11:44pm Jun 8, 2009 11:44pm
Quoting cabbagepicker
great trade this asian session when TG's indicators lined up, it realy took off. (I was already in this trade from a daily system I use). But I added more when all of the indicators line up. 100+ pips
I'm having an EA developed that only trades during times like this when everything lines up, we'll see how it performs.
  • #920
  • Jun 8, 2009 11:45pm Jun 8, 2009 11:45pm
Quoting w37b
Try using a 50 SMA on 5m chart as the stop loss.
It allows more room to breathe when trending.
Drawback is a bigger stoploss than the Trend Magic line.

You're probably right.

When I use a close above/below the TM as my stop I find that the TM is such an outstanding dynamic S/R level that I only tend to get stopped out when the end of the geniune trend has stopped or approaching. Additionally, most times the cost of being stopped out is very small. It's still early days so this may change.
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