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EUR/GBP Trendmagic System

  • #2,001
  • Jun 15, 2009 2:01pm Jun 15, 2009 2:01pm
Quoting chojnak
Eegle,

Hi,

As I noticed you have added short time Ichimoku Kinko Hyo from THV strategy (bold blue lines up and down the candles) and some kind of moving average.
Is it 25 or 50 period moving average ?
My friend I didn't answer your question...I dont know the ma it is called the THE3 CORAL and is made especially for the 1m and 5m as a guide....trend etc...it even has an audio alert if you want to use it.

eegle
  • #2,002
  • Jun 15, 2009 2:21pm Jun 15, 2009 2:21pm
Quoting TudorGirl
Ohhhh... That is so sweet!! Thanks Swingman and all you guys....

MG
hi,nice work anne ,your indicator looks good,is it repaint?
  • #2,003
  • Jun 15, 2009 2:37pm Jun 15, 2009 2:37pm
Guys i think we should ask Paulus and TG if the discussion of trading in 1M timeframe with this system is ok for them here ??

Please stop posting about 1M until they made a statement about that.

thanks,
tex. (1M Trader too)
  • #2,004
  • Jun 15, 2009 3:01pm Jun 15, 2009 3:01pm
Quoting tex
Guys i think we should ask Paulus and TG if the discussion of trading in 1M timeframe with this system is ok for them here ??

Please stop posting about 1M until they made a statement about that.

thanks,
tex. (1M Trader too)
I don't think discussing different timeframes is a problem, that has been talked about with Paulus and TG and they didn't have a problem with it. It's everybody diluting the focus by suggesting/posting loads of other indicators that is the issue...
Full-time trader and loving it!
  • #2,005
  • Jun 15, 2009 3:05pm Jun 15, 2009 3:05pm
hi eegle.

you indi (THV3 Coral) looks good. But somehow wont load on my mt4.

can u gimme another version or u know whts wrong.

Thx.

sorry guys ..cant help it ill wait for P n TG reply regardig 1 min.
lurker extraordinaire
  • #2,006
  • Jun 15, 2009 3:09pm Jun 15, 2009 3:09pm
You gonna find all the THV indis here THV system, final edition
  • #2,007
  • Jun 15, 2009 3:13pm Jun 15, 2009 3:13pm
For Tudor Girl,
I have been reading the posts since the beginning and I have concluded we have a very good trading tool with the 2nd version of the Vorticity indicator - except for the repaint problem. I am not a programer so I have to ask - would it be possible to write a program that would refresh or update the screen to force the repaint at the opening of each candle? Would this enable an EA to make its calculations based on a repainted chart? Maybe it could run in the EA or be a separate program to run along with it.
thx
cherokee
  • #2,008
  • Jun 15, 2009 3:25pm Jun 15, 2009 3:25pm
Quoting Digitalis
I don't think discussing different timeframes is a problem, that has been talked about with Paulus and TG and they didn't have a problem with it. It's everybody diluting the focus by suggesting/posting loads of other indicators that is the issue...
Amen to your comments! I wish they'd just take their discussions regarding other indicators to another thread where they can do whatever they want, and leave us alone!
  • #2,009
  • Jun 15, 2009 3:26pm Jun 15, 2009 3:26pm
Quoting aspirin1975
hi,nice work anne ,your indicator looks good,is it repaint?
She had already answer this question maybe an hundred times at least !
  • #2,010
  • Jun 15, 2009 3:48pm Jun 15, 2009 3:48pm
Even Paulus admitted to trading the 1 min charts today, in addition to 5 min. On slow choppy days, that is the way to trade rather than die a slow death staring at charts. If the discussion is limited to just trading 5 minute charts, then some great learning opportunities are going to be missed here. In fact, I specifically stated earlier that I would not discuss my other indicators here. Paulus, if you don't want us discussing the 1 min charts, please let us know because after people get a taste of those charts, they are going to want to discuss them. Those discussions should supplement, not detract from, any discussion of trading 5 minute charts if the same indicators are being used.
  • #2,011
  • Jun 15, 2009 3:49pm Jun 15, 2009 3:49pm
Please allow me to display over 100 pips of profit today using antiquated 5m techniques Paulus and TudorGirl originally created before we "improved" this method with 1m techniques.

Living in Atlanta, GA USA I trade late London and all of NY except by NY lunchtime its hard to go on if I've made 100+ pips. but there are trades in NY afternoon too if i could pay attention.

This old stuff still works great. My only losses today were from getting sucked in to all the 1m hoopla ( my weakness is chasing rabbits others throw out there) plus one Eg loss as shown in the attachments.

Pleased that this thread is making me better, patient, disciplined and hence, wiser. There's still hope for my trading.

Your friend and happy trading,

Steve
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6.15 eg.gif Size: 59 KB
Click to Enlarge Name: 6.15 ej.gif Size: 56 KB
Click to Enlarge Name: 6.15 gj.gif Size: 61 KB
Click to Enlarge Name: 6.15 gu.gif Size: 64 KB
  • #2,012
  • Jun 15, 2009 4:00pm Jun 15, 2009 4:00pm
Hi Edgetrader,

Am I correct that you use FT of value 40 on 5M TF and 18 on 1M TF.
  • #2,013
  • Jun 15, 2009 4:06pm Jun 15, 2009 4:06pm
Quoting stevewide
Please allow me to display over 100 pips of profit today
Hi Steve - well done, my decision to focus on eurusd only gave me 27 pips today, had to work hard for that (well, wait hard!) after an initial -35 pip trade. Time to change my mind!

I'm interested in your trades but couldn't see the exits on your charts, only the entries?

I was wondering if you are using the flat TM stoploss for all your exits, or whether you have another method, such as a TP target?
Cheers
Full-time trader and loving it!
  • #2,014
  • Jun 15, 2009 4:22pm Jun 15, 2009 4:22pm
Quoting ukcool
Hi Edgetrader,

Am I correct that you use FT of value 40 on 5M TF and 18 on 1M TF.
Its is 18 on 5m
Make money Not pips
  • #2,015
  • Jun 15, 2009 4:28pm Jun 15, 2009 4:28pm
Digs:
For TP's, I use previous day's highs and lows, pivots, psychologicals (00, 75, 50, 25 levels) and semaphors (only the 35 setting) which is the same as the zigzag indicator.

I exit if 5m HG closes against the trade. Finally, I won't let 20 pips or more slip away from me like I did last week.

I learned alot from the 1m guys to take first pips offered so I incorporated that thinking into today's trading and am satisfied.

Stoploss is behind last TM horizontal line or last 5m price swing which can become large reducing my lot size. I tighten it up as soon as price moves a few pips in my favor, like say 10-15 pips.

SL and TP's are the challenge but I like some of your thinking to take first pips.

There's so many ways to trade. I know far too much. It makes it hard to settle into a method always thinking something is better that I just read or remembered from my past.

I may be overtrading. Presently, I monitor Eg, Ej, Eu, Gj, and Gu (and Uj which I don't trade). Time will tell if I should concentrate on 1 or 2 of them.

My prayer is one day soon I'll leave well enough alone and trade consistently instead of differently every few days like I've done up to recently.

Steve
  • #2,016
  • Jun 15, 2009 4:41pm Jun 15, 2009 4:41pm
Steve may I ask what the HG is? Having reread the entire thread to make sure I have all the rules down (originals and alternatives) I cant seem to recall the HG being mentioned or what it is. Thanks in advance.
  • #2,017
  • Jun 15, 2009 4:57pm Jun 15, 2009 4:57pm
Quoting flyingdawg
...If the discussion is limited to just trading 5 minute charts, then some great learning opportunities are going to be missed here... Those discussions should supplement, not detract from, any discussion of trading 5 minute charts if the same indicators are being used.
Quite agree with you. Trading different tf's is much the choice of individual traders, not all either want to or are suited to trading 5 mins. Much of the learning in the thread has come from people sharing different variations and themes. A good example being EdgeTrader, who in the spirit of this thread is passing on his findings on settings etc. for decent entries and profitable trades.

Only this can determine what works in different market conditions. Since the "reduced lag" indis haven't been released, I do hope that someone is trying these to determine optimum settings at different times of the day. I must say, tho' that I do like the vorticity indicator on the 1 min!!

Regards
Pardy
  • #2,018
  • Jun 15, 2009 5:07pm Jun 15, 2009 5:07pm
Quoting stevewide
My prayer is one day soon I'll leave well enough alone and trade consistently instead of differently every few days like I've done up to recently.

Steve
Amen to that!!!
******************* I'd rather make money than be right.
  • #2,019
  • Jun 15, 2009 5:08pm Jun 15, 2009 5:08pm
Quoting DETrader
Steve may I ask what the HG is? Having reread the entire thread to make sure I have all the rules down (originals and alternatives) I cant seem to recall the HG being mentioned or what it is. Thanks in advance.
It's the HG_001 indicator .,.. click on paperclip, upper right of this thread for list of all indicators posted. There are 2 versions, the MTF which repaints and the STF (single timeframe) which does not.
******************* I'd rather make money than be right.
  • #2,020
  • Jun 15, 2009 5:10pm Jun 15, 2009 5:10pm
Quote
Steve may I ask what the HG is? Having reread the entire thread to make sure I have all the rules down (originals and alternatives) I cant seem to recall the HG being mentioned or what it is. Thanks in advance.

DET:

Its the TudorGirl Vorticity. I apologize. I don't recall where the HG name came from. Just read its from the HG_001 indicator........kuwl.

steve
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