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EUR/GBP Trendmagic System

  • #3,841
  • Jul 2, 2009 9:24pm Jul 2, 2009 9:24pm
Quoting Angler
Hi all


Marlow Yip.....can you post a Link to OZZ thread where people can check out the method in action and post comments....

I know he posts here....but this is Paulus threa..
Yeah your right. Sorry about that. I dont think OZZ has a thread. I will stop posting here.
Market Makers are the best
  • #3,842
  • Jul 2, 2009 10:47pm Jul 2, 2009 10:47pm
hey what up marlow


can u post a screenshot of a trade you would take using the OZZ method?


would appreciate it... rules are a bit confusing.
  • #3,843
  • Edited 11:52pm Jul 2, 2009 11:31pm | Edited 11:52pm
And people testing it out..I said this before, but I want to explain it
clearer. Personally I strongly recommend for those trading the
original Paulus method-add the HG non mtf to your chart
or the macd cci.. when you see an entry on the HG mtf
ie the 5 min changes to agree with the 15 min color
and everything else lines up..make sure the HG0001a
non mtf, or the macd cci, whichever you are using
agrees.... both that its the same color as the hg mtf
shows AND that it just changed to that color.

You will find bad setups when the hg mtf shows the 5 min
just changed to signal a trade, but if you look at the non
mtf version 1. It either is not the same color or 2. it
is the same color but it changed several bars earlier.

Avoid these trades.. for the highest probability setups, you
want to enter when the 5 min changes to agree with
the 15 on the mtf and the hg0001a really just changed
to that color, as the mtf version shows. If it has been
the same color for several bars before, you are not actually entering
according to the setup, its a false signal. That is why
I keep the macd cci in my case, but you can use the
HG001a on your chart and confirm each entry with it.

I strongly recommend it..most of the whipsaw trades I have
noticed have an easy tell like this, the hg does not agree
or did not change when the mtf version says it did,
or the atr/volume is too low.. easy stuff to avoid.

Hope it helps someone

Brian
  • #3,844
  • Jul 3, 2009 3:29am Jul 3, 2009 3:29am
Hello,

Do we have the main indicator of this method with an audio alarm when all lights swich to blue or red ?

Thank you

B
Learn something difficult and earn real money for ever, a lot.
  • #3,845
  • Jul 3, 2009 4:24am Jul 3, 2009 4:24am
Quoting noskool319
So if you followed the original rules you would have been stopped out 9 times. Tell me, did you really make 100 pips on EU? Please factor in your losses.
Here noSchool419,

I just saw the root of your problem;

1. You are not schooled, ignoramus
2. Because you are not schooled you can not understand the basic concept behind this simple system viz a vis

i. Entry points
ii. Movement of SL to PREVIOUS high/low

Therefore, your show of ignorance would have been excused away if you have a teachable attitude.

The chart you posted just exposed your foolhardiness. How could I have been stopped out 9 times in that fine trade.

I dont know why you are out to discredit a good system but from all indications you appear to me as a drowning man

Mates check out this trend riding for 100 pips again this is how Paulus use to do it.

Golden1 keep riding on

kos
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 23 KB
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #3,846
  • Jul 3, 2009 4:32am Jul 3, 2009 4:32am
Quoting Kosomolate
Here noSchool419,

I just saw the root of your problem;...

lol calm down silly, you'll give yourself an ulcer.. i thought paulus' rules were to get out at every time the price hits the TM line. So you use the previous TM flat line? or just the previous high/low of the price action?
  • #3,847
  • Jul 3, 2009 5:10am Jul 3, 2009 5:10am
well if someone was stoped nine times in raw then SL was wrong nine times. That doesnt have nothing to do with TM. SL was too tight or whatever....then comes to emotions and discipline...
The Market pays you to be disciplined
  • #3,848
  • Jul 3, 2009 5:12am Jul 3, 2009 5:12am
Quoting Marlow Yip
If you are going to post these monster wins then please post your monster sideways market losses. I can post 1000 charts of a monster trend and say I used a santa claus indicator that made it possible. Come on.
shallow yip, sorry for you!

there cannot be monster loss here, we risk little for much, for that 100pips I risked 30 pips i.e. R:R = 1:3 is that too hard for you to fathom?

the previous high/low is the SL point so if it hits SL I check if the parameters says wait for re entry or reverse the position. and if it hits it 2 times I relax for the day. Read back and see reason why I stopped doing EJ and GY

The fact that this simple that you are finding it hard does not make everyone a dummy like...

You have been wisely advised times and again to drop this line of biz and take to something less brain-tasking you are not cut out for this because this simple strategy is giving you tough time to comprehend

who knows if you trade without SL

thats all for now

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,849
  • Jul 3, 2009 5:24am Jul 3, 2009 5:24am
Quoting noskool319
lol calm down silly, you'll give yourself an ulcer.. i thought paulus' rules were to get out at every time the price hits the TM line. So you use the previous TM flat line? or just the previous high/low of the price action?
noSchool419

its you that is having ulcer trying to disprove a good and simple trend riding method instead of asking question and learning it.

compare your chart with mine and simply accept that you dont know what we are doing here

I use previous high/low of price action for entry SL and later move it based on TM flat line till I am stopped out or I hit my daily target check all my posts out

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,850
  • Jul 3, 2009 5:48am Jul 3, 2009 5:48am
Quoting Edgetrader
Seems pretty good to me.

Taking 5M signals with the majority trend showing on the 1H.

dear
kindly send me all this at my email address attached in the form of zip file
my address is
[email protected]
[email protected]
  • #3,851
  • Jul 3, 2009 6:02am Jul 3, 2009 6:02am
Just dropped in after a couple of weeks to see how you are all getting on. I see the children are still squabbling, so no change there!

Kos - you are one of the last sane voices in what has become a lunatic asylum of idiots who won't read the thread and won't learn from their mistakes.

Please make your contributions in the Private Forum - progress there is excellent and your expertise and discipline will be properly appreciated.

Anne
  • #3,852
  • Jul 3, 2009 6:09am Jul 3, 2009 6:09am
Quoting TudorGirl
Just dropped in after a couple of weeks to see how you are all getting on. I see the children are still squabbling, so no change there!

Kos - you are one of the last sane voices in what has become a lunatic asylum of idiots who won't read the thread and won't learn from their mistakes.

Please make your contributions in the Private Forum - progress there is excellent and your expertise and discipline will be properly appreciated.

Anne
I hear you Anne,
thanks for the reassurance and the kind words

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,853
  • Jul 3, 2009 6:59am Jul 3, 2009 6:59am
On page 208 I put up screenshots of trix, settings 2 and 8 applied to the 1 hour chart.
After forward testing for a while - this indicator (to be more precise: the alert arrows) should not be used as a stand-alone indicator, too many whipsaws.
Definitely needs a confirming indicator.
Bullspower, for example, is filtering out a lot of bad signals.
Or if you take an alert signal - just check to see that red line of trix also passed the 0-line. Also filters out bad trades.
  • #3,854
  • Jul 3, 2009 8:08am Jul 3, 2009 8:08am
Hey Kosomo!,great job..do you only trade G/U pair?.
Quoting Kosomolate
I hear you Anne,
thanks for the reassurance and the kind words

kos
  • #3,855
  • Jul 3, 2009 10:09am Jul 3, 2009 10:09am
Quoting stunna29
Hey Kosomo!,great job..do you only trade G/U pair?.
Hi stunna!

thanks mate

I watch GU and EG mainly but any time I wake up and meet EU sitting well I take it.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,856
  • Jul 3, 2009 10:25am Jul 3, 2009 10:25am
A question........ I am using the TechniqueScaling by fariz
and I cannot turn off the annoying alert (sound and window) .

I have tried to modify it but to no avail.....it's driving me crazy. anyone
know how to turn it off? thanks

happy 4th of July
  • #3,857
  • Jul 3, 2009 11:09am Jul 3, 2009 11:09am
Quoting TudorGirl
Just dropped in after a couple of weeks to see how you are all getting on. I see the children are still squabbling, so no change there!

Kos - you are one of the last sane voices in what has become a lunatic asylum of idiots who won't read the thread and won't learn from their mistakes.

Please make your contributions in the Private Forum - progress there is excellent and your expertise and discipline will be properly appreciated.

Anne
Hi Anne,

Can I just say Thank You and thank you to the others involved with this... You are a very smart and wise person. You wont know me as I haven't posted to the thread before (and only have 76 posts to EURUS) but I have been following along with you from post 1. H1 TF's have proven to be far easier to trade for me and I am doing well from it using not much more than TM, Pivots and some of my own lines on active waves. I am not what you would call an experienced trader having only been trading for around 8 months on a live account but I am an active learner and have learned more from you in this thread than I care to even try and list. The only thing I regret here is that your wisdom has been driven away from this thread. It is such a shame when good teachers are driven from their schools by stupid students who know better.

I hope this thread is taking good notice of this post... You have no idea what you have lost through your own stupidity. This is one Lady whom you would have done well to listen to because out of the goodness of her heart she came here to try and teach you how to make the most from your trading day and how to make MONEY .... Hello... Thats what we are all here for at the end of the day right ....

All Anne ever asked of you was to read from post 1 and take note of the simple rules she imposed. For that, we got help from some of the kindest and best people (TG, Paulus, Edge, Nisha, Notch and others) you could ask for help from.

As Anne has rightly pointed out, there are many people here who will just end up adding their money to the great big pool that the more schooled students will be dipping into for their own pockets. It is such a shame to see people going down this path but unfortunately experience shows that people need to lose before they wise up.

I for one only wish that I could have been one of the select that get to follow along with Anne and the others learning and growing as a trader.

I would suggest that if you ever have a chance to follow along with any of these people again then do so quietly until you have relevant questions to ask and maybe you will end up being one of the few that actually do become succsessful and not just another statistic which by the way is what FX is all about.

Therefore I suppose lastly I need to say a big thank you to those in this thread that didnt listen and drove my mentor away.. THANKS A LOT!
  • #3,858
  • Jul 3, 2009 11:13am Jul 3, 2009 11:13am
"shallow yip, sorry for you!"... Kos.

I just don't get it. M.Y. showed up and was all nicey nice at first and then suddenly turned into a psychotic Manson hell bent on destroying everyone. If it makes someone so upset for info thats free, tested out on free demo accounts as well, then I suggest they just take up knitting.

Kos, You and I shared a message before on this topic and I'm sure you'll agree that some people can't see the forest for the trees. Simple is best.

I've found that if you keep things simple that the basic system works. Its not 100%, but, there again, I've never seen one that was/is.

The biggest fault I've found lies not with the system but with myself and getting into the habit of pulling the trigger and setting stop losses once things are well enough into the green that I can run to the bathroom! LOL!

Another bad habit of mine is trying to "catch a falling knife" and jump in late rather than waiting for another clear setup. It really is pretty basic.

Everything else I've seen looks like an alien system.
  • #3,859
  • Jul 3, 2009 11:15am Jul 3, 2009 11:15am
Quoting trademeister
A question........ I am using the TechniqueScaling by fariz
and I cannot turn off the annoying alert (sound and window) .

I have tried to modify it but to no avail.....it's driving me crazy. anyone
know how to turn it off? thanks

happy 4th of July
Damn irritating alert with no way to turn it off but through the volume knob.
  • #3,860
  • Jul 3, 2009 11:31am Jul 3, 2009 11:31am
Quoting DoctorPips
Damn irritating alert with no way to turn it off but through the volume knob.
Maybe not. Try this for more peaceful trading.
Attached File(s)
File Type: mq4 Forex Trend fxfariz_AlertOff.mq4   3 KB | 793 downloads
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