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Attachments: 515 Eurofighter System
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515 Eurofighter System

  • #21
  • Jun 21, 2009 8:38am Jun 21, 2009 8:38am
Hi all...

m15 stochastic already bounce from its swing low and m5 stoch is also about to make its own swing low soon.

My prediction is that the price will rebounce somewhere inside the aquamarine rectangular (50sma of m15 region) and will go up to at least 21ema (m5) for another swing high in m5...

Well...this is what I can tell from the system we are using here...

Let us see if I'm correct or not tomorrow...

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 54 KB
Click to Enlarge Name: eu2.gif Size: 51 KB
  • #22
  • Edited 9:24pm Jun 21, 2009 7:20pm | Edited 9:24pm
Quoting orangeRANGE
Hi all...

m15 stochastic already bounce from its swing low and m5 stoch is also about to make its own swing low soon.

My prediction is that the price will rebounce somewhere inside the aquamarine rectangular (50sma of m15 region) and will go up to at least 21ema (m5) for another swing high in m5...

Well...this is what I can tell from the system we are using here...

Let us see if I'm correct or not tomorrow...

Well...I was wrong in my prediction last night...sorry about that..BUT THAT'S OKAY...it is just a prediction...no entry is made there....

The trend is clearly down right now...as you can see how fast the price going downside per m5 below...

SELLING is back in control...just watch for the swing high @ m5 for SHORT position...

50sma (m5)/21ema (m15) are the points where you can short this pair at the momment...

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 53 KB
Click to Enlarge Name: eu2.gif Size: 48 KB
  • #23
  • Jun 22, 2009 3:04am Jun 22, 2009 3:04am
Alright...

Let us see how we can use the 5m stochastic swing high/low as signal for our entry. Also, let us see how good is your entry if the 5m swings is in agreement with the 15m stochastic.

Consider our entry is at the next opening candle of 5m....

(A) 5m + 15m stochastic signals are in agreement
Vertical line #1 and #4 have this signal's criteria. Vert. line #1 is SHORT signal meanwhile vert. line #4 is LONG signal. As per this system's rules and strategies, we can already bank 40pips profit from these 2 entries (20pips x 2).

Note: Rules for 5m entry based on 5m and 15m stochastic behaviours is SL=TP=20pips

(B) 5m stochastic signal
Vertical line #2, #3, #5 and #6 are only based on 5m stochastic signal. All lines are signal for SHORT and among them, only signal #5 is a bad signal (but it still give profit). The rules says that this kind of entry will at least give us 30pips in hand (10pips x 3) if we are not considering vert.line #5 to make an entry there.


Note : Rules for 5m entry which is only based on 5m stochastic behaviour itself is SL=TP=10pips

CONCLUSION
1) Overall trades can give profit up to 70pips; &
2) It is up to you whether you wanna use criteria (A) or (B) or both of them to make your entry...they are still profitable


Your questions/comments/suggestions are most welcome.


HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 52 KB
Click to Enlarge Name: eu2.gif Size: 51 KB
  • #24
  • Jun 22, 2009 3:20am Jun 22, 2009 3:20am
well made few good pips this morning, was a perfect setup for goin short, though the odds were against it. entered short @1.3990 with trailin stops following the 5 min and 15 stoch. made around 40 pips in this down move. now why i made this move was pretty obvious, if u look at 15 min it was headed down and 5 min was in sync with it, now as i look at my charts the price is arnd 1.3950, with 15 min stoch arnd middle and 5 min makin a swing low. will go short for few pips lets c where it end up
  • #25
  • Jun 22, 2009 3:35am Jun 22, 2009 3:35am
ok here are the charts, as we see tht 15 stoch is still in the middle of nowhere but 5 min is makin swing low, so i would jus wait for it to make swing high and will enter for nice 10-15 pips, easy . yeh i got the bigger picture from 15 min and am gone be usin 5 min for exact entry, lets c how it works out
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 22 06 09 15min.gif Size: 30 KB
  • #26
  • Jun 22, 2009 10:00pm Jun 22, 2009 10:00pm
Hello all...

Earlier today (23/06/2009)...these are the signals that we can use to make entry...


Signal #1 and #3 (LONG) : Entries only based on 5m stochastic swing low
Signal #2 (SHORT) : Entry based on both 5m and 15m stochastic swing high...

Early 30pips today if considering that you are taking all these signals

Yesterday 22/06/2009 (Monday) we see the price close below Price Wave 1.3870. The next level we should watch is 80pips above and below this PW, which are Price Wave 1.3790 and 1.3950.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 52 KB
Click to Enlarge Name: eu2.gif Size: 57 KB
  • #27
  • Jun 22, 2009 11:24pm Jun 22, 2009 11:24pm
I have updated my fib levels and the temporary trend line @ H4. Also, attached herewith is the template for those who want to use it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 55 KB
Click to Enlarge Name: eu2.gif Size: 58 KB
Attached File(s)
File Type: tpl 515eurofightersystem.tpl   23 KB | 424 downloads
  • #28
  • Jun 23, 2009 12:33am Jun 23, 2009 12:33am
Hello Orange and Arslan thank's for putting this nice system do have any trading reports on this system or do you have started testing it now.
  • #29
  • Jun 23, 2009 1:17am Jun 23, 2009 1:17am
Quoting nasir.khan
Hello Orange and Arslan thank's for putting this nice system do have any trading reports on this system or do you have started testing it now.
You are welcome. Trading reports on this system?

Maybe Arslan can answer this question. I will be trading once I quit my job soon and becaome a fulltime trader myself. It should be this year...
  • #30
  • Jun 23, 2009 2:40am Jun 23, 2009 2:40am
Alright guys...

This is a perfect example from real market condition right now. This is how you see the chart...starting from:-

H4: We are expecting the price will make some big retracement since the Stochastic GOING HIGH

H1: Stochastic already @ SWING HIGH...!!

M15: Stochastic making SWING HIGH...!!!

M5: Stochastic making SWING HIGH...!!!!

So, if you wanna make a big catch... you must think of SHORT right now...if the current swing high in m5 didn't work....wait for another swing high....

It is very rare to find stochastic in all these TFs agreeing to each other at the same time....so never missed this opportunity...!!!

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 59 KB
Click to Enlarge Name: eu2.gif Size: 57 KB
Click to Enlarge Name: eu3.gif Size: 52 KB
Click to Enlarge Name: eu4.gif Size: 47 KB
  • #31
  • Jun 23, 2009 3:07am Jun 23, 2009 3:07am
For 20p SL/TP rules, the criteria is when the stochastic from both m5 and m15 are in agreement. Below are some of the latest example:-

Signal #1 (LONG)

Entry @ opening of next candle of m5 = 1.3837
SL @ 20pips = 1.3817
TP @ 20pips = 1.3857
TRADE WAS SUCCESFULL FOR THIS SIGNAL....

Signal #2 (SHORT) - Counter Trend (CT)

Entry @ opening of next candle of m5 = 1.3933
SL @ 20pips = 1.3953
TP @ 20pips = 1.3913
TRADE IS STILL ONGOING FOR THIS SIGNAL... THE TREND SEEMS GOING UPSIDE AND STRONG...SO LET US SEE WHETHER THIS 5M ENTRY (CT) IS A BAD ONE...OR WE HAVE TO USE ANOTHER SWING HIGH IN M5 TO MAKE ANOTHER ENTRY...

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 54 KB
Click to Enlarge Name: eu2.gif Size: 49 KB
  • #32
  • Jun 23, 2009 9:20pm Jun 23, 2009 9:20pm
Quoting orangeRANGE
For 20p SL/TP rules, the criteria is when the stochastic from both m5 and m15 are in agreement. Below are some of the latest example:-

Signal #1 (LONG)

Entry @ opening of next candle of m5 = 1.3837
SL @ 20pips = 1.3817
TP @ 20pips = 1.3857
TRADE WAS SUCCESFULL FOR THIS SIGNAL....

Signal #2 (SHORT) - Counter Trend (CT)

[color=black]Entry @ opening of next candle of m5...
Alright...yesterday signal #2 was a false signal....

The uptrend was too fast (the price only riding on 21ema of 5m) and when this happen...we should only favour 5m Stochastic SWING LOW for entry (LONG). That is an easy come back for the lost we made earlier on signal #2.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 45 KB
Click to Enlarge Name: eu2.gif Size: 50 KB
  • #33
  • Jun 23, 2009 9:25pm Jun 23, 2009 9:25pm
Earlier today...we found two signals for 5m entry based on 15m stochastic swing high/low.

The first signal is 15m swing high and the second signal 15m swing is low.

Easy 40pips profit within 2 hours for this move.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 45 KB
Click to Enlarge Name: eu2.gif Size: 55 KB
  • #34
  • Jun 24, 2009 12:01am Jun 24, 2009 12:01am
Quoting orangeRANGE
Earlier today...we found two signals for 5m entry based on 15m stochastic swing high/low.

The first signal is 15m swing high and the second signal 15m swing is low.

Easy 40pips profit within 2 hours for this move.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT

Thank you for sharing your system. I'm going to re-read your post and setup it for a try. Thanks again!

GL + GT
  • #35
  • Jun 24, 2009 2:24am Jun 24, 2009 2:24am
Quoting pippenn
Thank you for sharing your system. I'm going to re-read your post and setup it for a try. Thanks again!

GL + GT
My pleasure...

All the best to you if you are begin trying with this system...

Ask me by PM/e-mail if you want to...

C ya
  • #36
  • Jun 24, 2009 3:37am Jun 24, 2009 3:37am
Okay...

This overview is made after the Asian session is closed and during the first 2hrs of European session. Lets go from:-

D1
As per the chart, you all can clearly see the longterm thick and black Trend Lines (TL) with the Equidistant Channel in pink. The major trend is still uptrend after EU testing the lower part of the channel yesterday (23/06/2009).

H4
A temporary thin and black resistance TL is made from this TF and below by extending the Previous Swing High of the stochastic to the Latest Swing High. Only the highest high is considered to form this line.

Price might pullback to around 21ema or at least to fib 76.4% if we are considering the stochastic and the price are going all the way down soon (normal market condition).

H1
You can see the Price Wave as per this system is working nicely. See how the Price Wave 1.4110 taking charge and become the immediate resistance for EU now.

Always go to the first post @ first page (titled ADDITIONAL FEATURES) to find out the sequence of the Price Wave of the system.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 54 KB
Click to Enlarge Name: eu2.gif Size: 58 KB
Click to Enlarge Name: eu3.gif Size: 51 KB
  • #37
  • Jun 24, 2009 4:05am Jun 24, 2009 4:05am
Hi all...

As per the system...Price Wave is equally important as the TL and fib levels. Below is another example for nice entry (SHORT) after getting SHORT ENTRY signal from 5m stochastic (swing high).

Price finding resistance from PW and TL in this case (see aqua rectangular) . Considering the PA, PW is the immediate res for EU. In relation to the stochastic behaviour swing high) at this point, looking for SHORT wth 10p SL/TP strategy would be so easy.

SIGNAL @ blue vertical line
ENTRY @ 1.4108 with 10p SL/TP strategy....

Another easy and convincing 10pips profit...

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 53 KB
  • #38
  • Jun 24, 2009 4:22am Jun 24, 2009 4:22am
Another easy 10pips profit using 10p SL/TP strategy.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 52 KB
  • #39
  • Jun 24, 2009 5:07am Jun 24, 2009 5:07am
This is live demo account...

Entering @ here using demo...a bt late entry but still want to prove that the 15m really mean its swing low stochastic....

Will see how it goes...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 44 KB
Click to Enlarge Name: eu2.gif Size: 42 KB
  • #40
  • Jun 24, 2009 5:24am Jun 24, 2009 5:24am
Quoting orangeRANGE
This is live demo account...

Entering @ here using demo...a bt late entry but still want to prove that the 15m really mean its swing low stochastic....

Will see how it goes...
My first live demo trade to show to you guys...see how easy to bank some 20pips from my previous move....

Below is the prove from demo account....
Attached File(s)
File Type: doc eu.doc   136 KB | 388 downloads
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