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Attachments: 515 Eurofighter System
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515 Eurofighter System

  • #121
  • Edited 5:50am Jul 9, 2009 3:05am | Edited 5:50am
Quoting orangeRANGE
Hello all...

Let us see what we have for today:-

D1
Yesterday (08/07/2009) the price resisted @ 50SMA and closed just few pips below PW 1.3870. So far, the stochastic still in the SWING LOW level so wait and see how long this stochastic can hold its position later on today.

H4
This is easy. Let us wait and see for a TC somewhere @ 21EMA if the stochastic made it to SWING HIGH level.

H1
Stochastic...
Hello again to all....

The market has been bullish for the 1/4 trading day today. As per charts below, it seems the H4 stochastic very dominant and still on its way up to make its SWING HIGH level. Since the market move upward too fast, I anticipating that the price soon will find resistance somewhere @ 89SMA / fib 76.4%.

As per H1, the stochastic seems "adjusting" itself with the H4's stochastic and perhaps we might see some SHT opportunity here soon.

Maybe, PW 1.3950 and 1.3870 are where the market will move around for today.

Comments/questions are most welcome.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 56 KB
Click to Enlarge Name: eu2.gif Size: 44 KB
  • #122
  • Edited 6:23am Jul 9, 2009 6:13am | Edited 6:23am
Hello all...

Here is another nice example of the latest signal (orange vertical line) for SHORT entry (blue vertical line @ 5m). This is a multi TF technique.

Easy : H1 making SWING HIGH, M15 already done with it and make a sharp entry using M5.

Using 20p SL/TP strategy, this is another easy and convincing 20p profit.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 44 KB
Click to Enlarge Name: eu2.gif Size: 44 KB
Click to Enlarge Name: eu3.gif Size: 40 KB
  • #123
  • Jul 9, 2009 8:56pm Jul 9, 2009 8:56pm
Quoting orangeRANGE
Hello again to all....

The market has been bullish for the 1/4 trading day today. As per charts below, it seems the H4 stochastic very dominant and still on its way up to make its SWING HIGH level. Since the market move upward too fast, I anticipating that the price soon will find resistance somewhere @ 89SMA / fib 76.4%.

As per H1, the stochastic seems "adjusting" itself with the H4's stochastic and perhaps we might see some SHT opportunity here soon.

Maybe,[b] PW...
Hello all...

It seems the market made a very strong rebounce yesterday...and the H4 stochastic is really2 dominant with the market price. And as usual, the price found resistance @ H4 stochastic SWING HIGH around PW 1.4030. Right now, it is rested @ fib 76.4%.

(Watching it closely, it is really nice to know that we can find the market rhythm using H4 stochastic. We can at least roughly estimate how high/low the market can go everyday)

Currently, the H1 stochastic is making SWING LOW and it is not in agreement with the H4 stochastic behaviour. Always remember that the H4 is the dominant here. So, I just expecting a little rebounce here before the price retrace to PW 1.3950.

Overall, as per D1 stochastic, the market might retest the upper Channel and I think it will be some bullish sentiment soon.

Comments/question are most welcome.

Note:- I have updated my Equidistant Channel and also attached together my latest template here.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 49 KB
Click to Enlarge Name: eu2.gif Size: 56 KB
Click to Enlarge Name: eu3.gif Size: 45 KB
Attached File(s)
File Type: tpl 515eurofightersystem.tpl   24 KB | 244 downloads
  • #124
  • Jul 9, 2009 11:11pm Jul 9, 2009 11:11pm
Sell @ here...

Using 20p SL/TP rules (entry based on 15m and 5m stochastic SWING HIGH).

SL above fib 76.4%.

Let us see how it goes.

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: 61 KB
  • #125
  • Jul 10, 2009 12:59am Jul 10, 2009 12:59am
Quoting orangeRANGE
Sell @ here...

Using 20p SL/TP rules (entry based on 15m and 5m stochastic SWING HIGH).

SL above fib 76.4%.

Let us see how it goes.
Alright...the previous entry wasn't a good entry. As per charts below, a good entry should be @ the orange vertical line.

However, 20p profit (demo) is already in the bank. Hope this one will be a good lesson for us.

Comments/questions are most welcome.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 59 KB
Click to Enlarge Name: eu2.gif Size: 62 KB
  • #126
  • Edited 3:20am Jul 10, 2009 3:03am | Edited 3:20am
Quoting orangeRANGE
Hello all...

It seems the market made a very strong rebounce yesterday...and the H4 stochastic is really2 dominant with the market price. And as usual, the price found resistance @ H4 stochastic SWING HIGH around PW 1.4030. Right now, it is rested @ fib 76.4%.

(Watching it closely, it is really nice to know that we can find the market rhythm using H4 stochastic. We can at least roughly estimate how high/low the market can go everyday)
Hello all...

Earlier today...I have mentioned about the H4 stochastic behaviour is really2 dominant to the market rhythm. As per chart below, it seems that the price already break below PW 1.3950 and move down so fast according to the stohastic so far(in complete agreement)

The evening star candle (in blue triangle) that closed somewhere @ PW 1.4030 with long upper wick against the upper Channel is another strongest factor to show that the previous SWING HIGH of the stochastic of H4 must be considered seriously as a SHORT signal.

Next stop should be PW 1.3870. Hope this helps.

Comments/questions are most welcome.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 54 KB
  • #127
  • Jul 10, 2009 4:12am Jul 10, 2009 4:12am
Very good setup and good calls. Keep it up.
  • #128
  • Jul 10, 2009 4:26am Jul 10, 2009 4:26am
Quoting merweg
Very good setup and good calls. Keep it up.
Welcome to the thread. This system is created especially for those who are tired of waiting a steady trending market.

The 515 Eurofighter Strategy can be used in both trending and ranging/consolidating market.

You are most welcome to give your opinions/comments/critics/question here. Hopefully we can share our knowledge together becasue the more we give, the more we'll get back.

K.I.T.
  • #129
  • Jul 10, 2009 4:39am Jul 10, 2009 4:39am
Quoting orangeRANGE
Hello all...

Earlier today...I have mentioned about the H4 stochastic behaviour is really2 dominant to the market rhythm. As per chart below, it seems that the price already break below PW 1.3950 and move down so fast according to the stohastic so far(in complete agreement)

The evening star candle (in blue triangle) that closed somewhere @ PW 1.4030 with long upper wick against the upper Channel is another strongest factor to show that the previous SWING HIGH of the...

Anticipating rebounce somewhere @ aqua rectangular (PW 1.3870) here as per the stochastic-price theory. Time will tell.

Comments/questions are most welcome.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 54 KB
  • #130
  • Jul 10, 2009 6:46am Jul 10, 2009 6:46am
Great work you are doing here,thou im a first timer,but what im seeing speak volumes.Kindly keep it up.
Thanks
Wilmartfx
Quoting orangeRANGE
Anticipating rebounce somewhere @ aqua rectangular (PW 1.3870) here as per the stochastic-price theory. Time will tell.

Comments/questions are most welcome.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
  • #131
  • Jul 10, 2009 8:26am Jul 10, 2009 8:26am
Quoting Wilmartfx
Great work you are doing here,thou im a first timer,but what im seeing speak volumes.Kindly keep it up.
Thanks
Wilmartfx
Welcome to the thread. Your comments/questions/critics here will be always welcome.

You can also PM/mail me.

All the best...
  • #132
  • Jul 10, 2009 8:41am Jul 10, 2009 8:41am
Quoting orangeRANGE
Anticipating rebounce somewhere @ aqua rectangular (PW 1.3870) here as per the stochastic-price theory. Time will tell.

Comments/questions are most welcome.
Alright...it is well proven now...so far. This system already speak for itself. See the aquamarine rectangular.

H4
The previous candle as per the orange vertical line is a spinner with very long tail (I really like this ) , a nice PA against the PW 1.3870 meanwhile the stochastic is about to make it SWING LOW here. All of these have to be considered seriously as a very nice LONG signal.

H1
Stochastic already making SWING LOW as the lowest candle supported just 8pips above PW 1.3870.

For those who already LONG somewhere this area just now, congratulation...!!!. You guys should have bank some profits by now.

Comments/questions are most welcome.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 57 KB
Click to Enlarge Name: eu2.gif Size: 50 KB
  • #133
  • Jul 12, 2009 11:08pm Jul 12, 2009 11:08pm
Hello all...

It seems the downtrending market is probably begin to take control. Let us look our charts here:-

D1
Loads of resistance from MAs since the opening of today. Also, stochastic seems to swing downside reacting to the PA vs MAs.

H4
Long bearish candle against the 50SMA! This could be a strong sign for downtrending market. We'll have to wait and see until the opening of Euro session later on today.

H1
Nice PA in orange rectangular (Evening Star) against the 365EMA (nearby H4's 50SMA) as the stochastic also making SWING HIGH in this area.

Currently, the stochastic @ H1 is in SWING LOW level. So we might see a little bit of ranging market earlier today. Hopefully, we'll have a clearer direction during the Euro and US sessions today.

As usual, use 515 Eurofighter Strategy rules to make fine entry, regardless it is for LONG/SHORT. Personally, I favour SELLING for today.

Your comments/questions are most welcome.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 49 KB
Click to Enlarge Name: eu2.gif Size: 55 KB
Click to Enlarge Name: eu3.gif Size: 49 KB
  • #134
  • Jul 12, 2009 11:23pm Jul 12, 2009 11:23pm
Hi all...

Since we are using the 515 Strategy, it is very important to know what the market is doing in 5m and 15m charts.

Below is just a qucik review on how we can identify a trend using 5m chart.

1) Look @ PA in blue rectangulars that against the 21EMA; &
2) Look @ the stochastic behaviours

As per 2 simple steps as above, I believe you know what to expect what the price will be doing next. The 515 Strategy will give you some pips for sure.

Comments/questions are most welcome.

(Note: the orange vertical line is the beginning for today's market)

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 45 KB
  • #135
  • Jul 13, 2009 9:10am Jul 13, 2009 9:10am
thank you ORNAGErange!!!!for sharing your system......


but after i set up all the mas,MTF mas.....

my computer is too slow to run.....

can you tell me which indicator is the one that make my computer slow most???

I JUST HAVE READ THROUGH ALL THE POSTS!!!!

THANK YOU AGAIN!!!
  • #136
  • Jul 13, 2009 9:23am Jul 13, 2009 9:23am
Quoting orangeRANGE
As usual, use 515 Eurofighter Strategy rules to make fine entry, regardless it is for LONG/SHORT. Personally, I favour SELLING for today.
Hello all...

Here is a quick update for my overview earlier today:-

H4
50SMA is the strongest resistance for EU today. The previous 3 candles since the opening of today's market are all closing below this MA. See the rectangular...!!!

H1
Nice SWING LOW and SWING HIGH as per two elipses in the chart. However, the signal of the day would be the orange vertical line, where the price found resistance against 200SMA and fib 76.4% as the stochastic making the SWING HIGH. A very probablity trade that we should not missed...!!!

15M
This is where we make the entry. The orange vertical line (the signal) is the last 15m candle before the H1 candle is closing. With the stochastic @ SWING HIGH and also the momentum that is ready to off the peak, this the best signal that we must catch.

Fine entry for SHORT by using 5m TF with 20p SL/TP strategy should giving us loads of pips, convincingly and easily.

Comments/questions are most welcome.

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 56 KB
Click to Enlarge Name: eu2.gif Size: 50 KB
Click to Enlarge Name: eu3.gif Size: 47 KB
  • #137
  • Edited 9:57am Jul 13, 2009 9:33am | Edited 9:57am
Quoting ssq
thank you ORNAGErange!!!!for sharing your system......


but after i set up all the mas,MTF mas.....

my computer is too slow to run.....

can you tell me which indicator is the one that make my computer slow most???

I JUST HAVE READ THROUGH ALL THE POSTS!!!!

THANK YOU AGAIN!!!
Hi ssq,

Thanks...and glad to see you here...

Hmm...I have no idea which indys that caused this problem. If you look @ my post #1, you should know which indys are optional. Maybe you can remove one or two of them, depends on which one you feel not important.

Hope this helps and all the best to you.
  • #138
  • Jul 13, 2009 10:00am Jul 13, 2009 10:00am
Quoting orangeRANGE
Main indicators:
1) Moving Average (simple and exponential);
2) Multi Time Frame Moving Average (MTFMovingAverage);
3) Stochastic; &
4) Support / Resistance Signal

[size=3][FONT=Times New...
To ssq and all of you,

These are the list of the indicators as per post #1.

Hope this helps.
  • #139
  • Jul 13, 2009 10:27am Jul 13, 2009 10:27am
Hi all...

Before I go to my bed and dreaming...here is another lesson of the day.

Simple. Look at the orange vertical line in 5m. You might consider it is a SHORT signal as the stochastic making SWING HIGH. However, for this case it is very easy to identify that this signal is a FALSE SIGNAL since the 15m stochastic and momentum are on their way to the UPSIDE.

So, no agreement between 5m and 15m means FALSE SIGNAL.

Comments/questions are most welcome.

(Note: As per H1, the dash TL and the light grey elipse are the area that which I think becoming the temporary support area)

HAVE A LOOK AND MAKE YOUR OWN THOUGHT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 50 KB
Click to Enlarge Name: eu2.gif Size: 49 KB
Click to Enlarge Name: eu3.gif Size: 45 KB
  • #140
  • Jul 13, 2009 5:36pm Jul 13, 2009 5:36pm
maybe i will sell the eurusd at this signal.

at the m5 chart,the price was resisted by the 21ema,and go down ,it is a TC signal,if i sell eurusd ,first i will get a few pips,second ,i will BE,at this point i should have close my trade.

am i right???
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