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Popee83 System

  • #481
  • Jun 17, 2009 9:24am Jun 17, 2009 9:24am
Quoting Popee83
Are you trading this NY session? ... Am at the sidelines ... I will ride in the mkt bias perharps later on ... S&P 500 at around 200 day MA .. Hence the fairly +ve open of DJIA ....
I am online but no trade enter yet. I am still struggling a bit with the median trading with EU especially when the price has reached the green lines (on either site). I noticed price will tend to break the green lines, fall back and then try to break it again before the zig and zag indicator appears. The Asctrend indicator is delayed so it often appear after the 2nd bar (5m TF) is completed and by then it may have already moved 20 pips or so.

I am waiting for the Crude Oil Inventory to pass first before I decide to enter the market again.

Also, at time I am not sure which to follow during the cross-over of DAX closing and DJIA opening. I am not sure which has a stronger influence on EU during those time.
  • #482
  • Jun 17, 2009 9:41am Jun 17, 2009 9:41am
Quoting DOVOFreak
I am online but no trade enter yet. I am still struggling a bit with the median trading with EU especially when the price has reached the green lines (on either site). I noticed price will tend to break the green lines, fall back and then try to break it again before the zig and zag indicator appears. The Asctrend indicator is delayed so it often appear after the 2nd bar (5m TF) is completed and by then it may have already moved 20 pips or so.

I am waiting for the Crude Oil Inventory to pass first before I decide to enter the market again.

Also,...
Am also at the sidelines ... waiting for the Obama regulations ... then I will ride in ... I suppose mkts should move then ...

As for transitions ... All play a role .. but I think the DAX is already worn out and it is the DJIA pulling PA much ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #483
  • Jun 17, 2009 10:03am Jun 17, 2009 10:03am
Why so quiet man? .. Do you incorporate the Indices in your trading ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #484
  • Jun 17, 2009 10:14am Jun 17, 2009 10:14am
Quoting Popee83
Why so quiet man? .. Do you incorporate the Indices in your trading ...
Having an unusually tough day today - not quite sure why - so have to work on into NY session .....

Have a 45 pip daily target and made a couple of f**k ups earlier today - got hit by a news release I missed ....

As to indi's - I trade a THV varient which actually uses COG and candlesticks - kinda cross between THV and Woodies CCI

Got to go and cash my E/U in ... see ya

p.s. Don't usually post and trade at same time ... not female, so multi-tasking skills poor ...
  • #485
  • Jun 17, 2009 10:21am Jun 17, 2009 10:21am
Obama Financial Reform Plan Draws Mixed Reviews ...

The Obama administration's package of regulatory reforms for the financial sector provoked the usual concerns about big government and the hazards of unintended consequences. But others on Wall Street said it could help prevent a repeat of the nation's worst financial crisis in a century.

CNBC.com obtained a copy of the administration's massive white paper, which offers a wide range of reforms from creating a systemic risk regulator and a new consumer protection agency to enhanced oversight, such as registration of hedge funds and derivatives trading.




The President and his team of advisors will officially unveil the long-awaited plan this afternoon. Watch the President's speech on CNBC.com at 12:50 pm ET.


Supporters of the the plan said it was a reasonable and measured response........



link:
http://www.cnbc.com/id/31404219
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #486
  • Jun 17, 2009 10:25am Jun 17, 2009 10:25am
Quoting Popee83
Obama Financial Reform Plan Draws Mixed Reviews ...

The Obama administration's package of regulatory reforms for the financial sector provoked the usual concerns about big government .....
Now wait for the British to say "Well actually we aren't going to change our system.. "

Good chance to strengthen London at expense of NY .. just got to love those politicians ....
  • #487
  • Jun 17, 2009 11:07am Jun 17, 2009 11:07am
Quoting Popee83
Why so quiet man? .. Do you incorporate the Indices in your trading ...
I am a bit hesitant today as the DJIA is moving from negative back to positive territoty and the EU price is fluctuating within the COG. What's the best way to trade it other than waiting for the Ascdend or Sidus indicator?
  • #488
  • Jun 17, 2009 11:14am Jun 17, 2009 11:14am
Quoting DOVOFreak
I am a bit hesitant today as the DJIA is moving from negative back to positive territory and the EU price is fluctuating within the COG. What's the best way to trade it other than waiting for the Ascdend or Sidus indicator?
Am not in yet .. Their is consolidation .. so do not trade until PA breaks out in either direction ... A bad day indeed this NY session .. I should have known better and jumped in the London one .... Ams is relaxing now ..

Still waiting for Obama .. perhaps things could move .. watching CNBC and also stocks are experiencing sideways PA ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #489
  • Jun 17, 2009 11:20am Jun 17, 2009 11:20am
Am thinking it is due to the fact that most of these INDICES are currently trading along major S zones hence the sideway trading ..

Also due to the quadruple witching ... I think many players are a bit cautious waiting for the settlements since a lot of choppiness happens during this times .. I believe as new option bets are placed .. we will see a clear direction ....
...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #490
  • Jun 17, 2009 11:45am Jun 17, 2009 11:45am
Hello guys,
1st time I post here on this forum, a great one.
Congratulations for this great system.
I can see attached a report file "detailedstatement2.htm". Is that the trading style of this trading system? I am asking about it bacause on that statement I can see so many daily orders, and reading the thread, I can see you guys do no trade more than 2 times per day.
I would like to understand it and study this system with your help.
Thanks
  • #491
  • Jun 17, 2009 12:25pm Jun 17, 2009 12:25pm
Quoting Mr. Madruga
Hello guys,
1st time I post here on this forum, a great one.
Congratulations for this great system.
I can see attached a report file "detailedstatement2.htm". Is that the trading style of this trading system? I am asking about it bacause on that statement I can see so many daily orders, and reading the thread, I can see you guys do no trade more than 2 times per day.
I would like to understand it and study this system with your help.
Thanks

Welcome man to the forum ... I do hope you will be part of us and contribute too ..

The statement you saw was from Katy ... sometime last week the mkts were moving and I placed many trades/scalps .. Am also trading live using Katy's signals and at times concentrate more on my live a/c and miss to place orders with FXDD demo ...

This week I haven't placed any orders on FXDD since I was kind of busy and also needed to recover some money I lost on Monday ... ..

But Anyone is welcome to monitor Katy's performance since soon I'll be returning to my day job and will only be placing trades during the late NY and early Asian sessions ... mostly on my live a/c ..

So Mr. Madruga ... welcome man and your contribution will be highly appreciated here .... Any full time trader can monitor Katy's signals ...

Thanx...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #492
  • Jun 17, 2009 12:39pm Jun 17, 2009 12:39pm
Hope you had a nice London session ... .. NY session is choppy and much undecided in direction .. am scalping only 15 pips trades to the north direction ... waiting for EU to break 1.3896 R deeply .. This is neede to break out of the narrow range ...

EU:

Attached Image (click to enlarge)
Click to Enlarge Name: eu-m30.gif Size: 37 KB


Cable:

Attached Image (click to enlarge)
Click to Enlarge Name: gu-m30.gif Size: 40 KB


cable breaking out ....
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #493
  • Edited 1:35pm Jun 17, 2009 1:21pm | Edited 1:35pm
B4 I go back to work I wanted to post this "Break out" S&R template for cross-referencing .. many I know do not understand how I make the 1.3826 Rs and all.. ..

So, use it alongside with Katy scalping .. This is best set at m30 since I prefer the H1,H4 and the daily S&R levels better ... This should help you measure break-outs better ..

Hence folks ... Have a blast ... You now have larger Tf direction for referencing break-out R&S levels on higher Tf as you do the m5 scalps ...
Concept is still the same ..

FYI: New traders should avoid the template and master Katy first, then start to reference this template for R and S ...
Attached File(s)
File Type: tpl break_outs_m30.tpl   69 KB | 273 downloads
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #494
  • Jun 17, 2009 1:34pm Jun 17, 2009 1:34pm
Attached File(s)
File Type: zip Katy-break_outs_m30.zip   8 KB | 298 downloads
Quoting Popee83
B4 I go back to work I wanted to post this "Break out" S&R template for cross-referencing .. many I know do not understand how I make the 1.3826 Rs and all.. ..

So, use it alongside with Katy scalping .. This is best set at m30 since I prefer the H1,H4 and the daily S&R levels better ... This should help you measure break-outs better ..

Hence folks ... Have a blast ... You now have larger Tf direction for referencing break-out R&S levels on higher Tf as you do the m5 scalps ...
Concept is still the same ..


FYI:...
Here is the tpl ...



Cable ..m30

Attached Image (click to enlarge)
Click to Enlarge Name: b-o-cable.gif Size: 40 KB


Eu ..m30

Attached Image (click to enlarge)
Click to Enlarge Name: b-o-eu.gif Size: 38 KB
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #495
  • Jun 17, 2009 2:14pm Jun 17, 2009 2:14pm
There was a nice flip north ... I used the break-out tpl to measure this as PA had been locked within a tight range for a long time .. Try it as a supplementary tpl ....

It could confuse new traders though .. especially if they do not know to search for R and S zones ... But I cautioned them to stick to the constraints of Katy only ... ... and hey should be just fine ...

It was a long wait man for the north flip ... but was worth it ... So, tomorrow I wont be around much .. and I was hopping you could chip in whenever you can and guide the trading ... DJIA made some nice gains today ... ..

On Friday evening, am leaving for Jo berg, SA but will be back on Tuesday ... I'll still monitor trading using my small netbook laptop...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #496
  • Jun 17, 2009 5:16pm Jun 17, 2009 5:16pm
Anyone willing can post tomorrows trading ranges ... Heidi .. Try again this time after m-fibo turns ....
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #497
  • Jun 17, 2009 5:19pm Jun 17, 2009 5:19pm
Thanks guys for this therad
  • #498
  • Jun 17, 2009 5:51pm Jun 17, 2009 5:51pm
Quoting Niraja
Thanks guys for this thread
Here are my picks for 2morrow - 18th June,09 ...

EU:

Pivot=1.3911 near 61.8 x_fibo ( bullish sign....)

North: .382=1.3979; .618=1.4021 and 1.0=1.4089
South: .382=1.3843: .618=1.3801 and 1.0=1.3733

Here both .618 m-fibo nodes form clusters with 17-06-09 high and low respectively ...

It worthwhile to note the EU is still above 1.3826 .. hence indicating the dip seen was a correction and not a reversal ...

Cable:

Pivot=1.6366 btw 61.8 and 50.0

North: .382=1.6465; .618=1.6527 and 1.0=1.6620
South: .382=1.6266; .618=1.6204 and 1.0=1.6105

No clusters seen.

Bias is neutral as m-fibo lines for cable indicate consolidation i.e. facing each other towards the pivot ...


Hence good luck and nice trading 2morrow... Hope all of us can now define m-fibo quadrants and fib clusters ...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #499
  • Jun 17, 2009 6:01pm Jun 17, 2009 6:01pm
Quoting Popee83
Here are my picks for 2morrow - 18th June,09 ...

EU:

Pivot=1.3911 near 61.8 x_fibo ( bullish sign....)

North: .382=1.3979; .618=1.4021 and 1.0=1.4089
South: .382=1.3843: .618=1.3801 and 1.0=1.3733

Here both .618 m-fibo nodes form clusters with 17-06-09 high and low respectively ...

It worthwhile to note the EU is still above 1.3826 .. hence indicating the dip seen was a correction and not a reversal ...

Cable:

Pivot=1.6366 btw 61.8 and 50.0

North: .382=1.6465; .618=1.6527 and 1.0=1.6620
South: .382=1.6266; .618=1.6204 and...
The math/logic behind m-fibo quadrants ....

 dMax= daily High
dMin= daily Low
dClose = daily Close

R = (dMax - dMin)
p = (dMax + dMin + dClose)/3

r3 = p + (R * 1.000)
r2 = p + (R * 0.618)
r1 = p + (R * 0.382)

pivot = p;

s1 = p - (R * 0.382)
s2 = p - (R * 0.618)
s3 = p - (R * 1.000)


So as you can see .. the ranges can be calculated manually ....
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #500
  • Jun 17, 2009 6:13pm Jun 17, 2009 6:13pm
Wednesday, June 17, 2009

Dow Jones Analysis 6/18/09 Stock Market Analysis

http://2.bp.blogspot.com/_Fo0hStLoAK...une18-2009.png

The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/18/09

Dow Jones Industrial Average Support & Resistance Levels - June 18, 2009

Resistance Levels: 8600, 8878, 9000

Support Levels: 8500, 8343, 8250


The Dow Jones closed below the 8500 support level Wednesday so the caution flags have been raised on my trading desk. We may trade around this level for a little bit but I think we will ultimately retest the 50 day moving average (8332) in the coming weeks. Also, keep an eye on the 10 day moving average....if it breaks back down below the 200 day moving average the volatility will spike in the short term. .....
"I am convinced that He (God) does not play dice." - Albert Einstein
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