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Attachments: The CARMEN System Indicator
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The CARMEN System Indicator

  • #641
  • Dec 9, 2009 10:53am Dec 9, 2009 10:53am
Hi all,
firstly thanks to Aicccia for all the work he is doing for this group. Secondly thanks also to all the members of this thread for your contributions which prompt further developments of Carmen.
Could I ask a question that I cant find the answer to?
How do I use the four settings in the indicator? I know they are to alter parameters in the indicator but cant work out what they do (in laymans terms).
  • #642
  • Dec 9, 2009 11:30am Dec 9, 2009 11:30am
Hi,

Your system looks great. Could I ask how can I use this system ? I do not understand where can I find the public release was v3.1.

Thanks in advance

Szabolcs
  • #643
  • Dec 9, 2009 11:42am Dec 9, 2009 11:42am
Quoting neilpryde
Hi,

Your system looks great. Could I ask how can I use this system ? I do not understand where can I find the public release was v3.1.

Thanks in advance

Szabolcs
PAGE 1 of this THREAD.
  • #644
  • Dec 9, 2009 12:38pm Dec 9, 2009 12:38pm
Quoting forexforex
Selling @ 1.6211. We'll see how this one goes.
It got you a few pips, I missed the initial downward cross, but caught the pullback @ 1.6249 and popped a lot on the live account. I figured I couldn't go wrong shorting there.
  • #645
  • Dec 9, 2009 1:57pm Dec 9, 2009 1:57pm
This is what happened today for me.
+66pips 1st crossover
+10pips 2nd crossover + 30pips @ reentry

Total: 106 pips

Wow impressive today..It has exceeded my target of 50pips/day.
Thanks again.
Attached Image (click to enlarge)
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  • #646
  • Dec 9, 2009 2:50pm Dec 9, 2009 2:50pm
Forexforex,

I like your methodology, it gets you about the same amount of profits as the bigger moves without having to stay in the trade as long.

I was just wondering what that other white line is in your charts, I know one is the 3ema but the other one I don't know what that is.

Could please briefly explain your methodology again?

Thanks in advance

Mannai
  • #647
  • Dec 9, 2009 7:09pm Dec 9, 2009 7:09pm
Quoting aicccia
I just don't want anyone selling it and marketing it as their own.
Aicccia

That's more then reasonable. You are very kind just by sharing the the indi in the first place.

Cheers mate.
What you do is a reflection of you....what I do is a reflection of me.
  • #648
  • Dec 9, 2009 7:21pm Dec 9, 2009 7:21pm
Quoting forexforex
This is what happened today for me.
+66pips 1st crossover
+10pips 2nd crossover + 30pips @ reentry

Total: 106 pips

Wow impressive today..It has exceeded my target of 50pips/day.
Thanks again.

Thanks for your charts man very informative
  • #649
  • Dec 10, 2009 12:32am Dec 10, 2009 12:32am
Hi all

Just wondering if anyone else is taking this one, it looks good!!

Price appears to have generated as it has crossed Daily Pivot and Daily Open.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 20 KB
What you do is a reflection of you....what I do is a reflection of me.
  • #650
  • Dec 10, 2009 12:47am Dec 10, 2009 12:47am
Quoting Ezzy
Hi all

Just wondering if anyone else is taking this one, it looks good!!

Price appears to have generated as it has crossed Daily Pivot and Daily Open.
Hi Ezzy,

GU look set for another down turn. There is a red news today, so care must be applied.

What SL do u use for ur 30min TF. If I take it, a breach of 6285, I will get out...dats about 35pips SL.
  • #651
  • Dec 10, 2009 12:53am Dec 10, 2009 12:53am
Quoting Ibuks
Hi Ezzy,

GU look set for another down turn. There is a red news today, so care must be applied.

What SL do u use for ur 30min TF. If I take it, a breach of 6285, I will get out...dats about 35pips SL.
Ibuks

My stop loss is just above Daily pivot which is 1.6267.

Your right about red news, much caution should be used...nonetheless, I like the look of it.

Carmen's eyes has 20 - 20 vision, what do you think? lol

Hope it's a good run for us both.
Cheers
What you do is a reflection of you....what I do is a reflection of me.
  • #652
  • Dec 10, 2009 1:11am Dec 10, 2009 1:11am
Quoting Ezzy
Hi all

Just wondering if anyone else is taking this one, it looks good!!

Price appears to have generated as it has crossed Daily Pivot and Daily Open.
That's OK, every system has to have some losses right?

I am thinking that price is testing daily pivot.
What you do is a reflection of you....what I do is a reflection of me.
  • #653
  • Dec 10, 2009 1:14am Dec 10, 2009 1:14am
Quoting Ezzy
Ibuks

My stop loss is just above Daily pivot which is 1.6267.

Your right about red news, much caution should be used...nonetheless, I like the look of it.

Carmen's eyes has 20 - 20 vision, what do you think? lol

Hope it's a good run for us both.
Cheers
Hey Pal,

Dont u think the sl is too tight ? Sometimes u need to give it room to breath. If it get above 85, there would have been a candle close above the blue carmen line...thats what I think though.

Mkt will do what mkt will do anyway...but carmen have been good to catch these things on all time frame.
  • #654
  • Dec 10, 2009 1:24am Dec 10, 2009 1:24am
Quoting Ezzy
That's OK, every system has to have some losses right?

I am thinking that price is testing daily pivot.
Can u see what I said about the tight SL?? It just spiked up, took u out and continued.

I think I like the idea of taking 10, 20, 30 pips along the way...very nice idea from someone earlier in the thread....
  • #655
  • Dec 10, 2009 1:45am Dec 10, 2009 1:45am
Quoting Ibuks
Can u see what I said about the tight SL?? It just spiked up, took u out and continued.

I think I like the idea of taking 10, 20, 30 pips along the way...very nice idea from someone earlier in the thread....
Ibuks

You are completely right, looking at where you suggested to place the sl would have been a much better choice.
What you do is a reflection of you....what I do is a reflection of me.
  • #656
  • Dec 10, 2009 1:47am Dec 10, 2009 1:47am
Quoting Ezzy
That's OK, every system has to have some losses right?

I am thinking that price is testing daily pivot.
Hey pal,

Its breaking down nicely for me....ouch...

No risk no gain..
  • #657
  • Dec 10, 2009 2:07am Dec 10, 2009 2:07am
Quoting Ibuks
Hey pal,

Its breaking down nicely for me....ouch...

No risk no gain..
Very true mate.

Good luck on this one!
What you do is a reflection of you....what I do is a reflection of me.
  • #658
  • Dec 10, 2009 3:23am Dec 10, 2009 3:23am
Quoting Ezzy
Very true mate.

Good luck on this one!
Took some off the the table, left the rest at BE.

Unfortunately, I just came back to see that it has been stopped out...ouch.

Thats why I think I will start using forexforex idea...... take what u have while u still have it.

Looking for another setup.
  • #659
  • Dec 10, 2009 4:23am Dec 10, 2009 4:23am
Quoting aicccia
soon, probably sunday. I have a reputation so I have to make sure that each version meets and exceeds all expectations. http://cdn.forexfactory.com/images/icons/icon10.gif lol
I have been away the last week and just read up on what has been going on, this is abslutely great news Aicccia! Thank you for everything, I can't wait to test Carmen's new version during this slooooooow holiday season.
  • #660
  • Dec 10, 2009 7:18am Dec 10, 2009 7:18am
Hi Aicccia,
I have been successful lately trading using your indicator. I built my trading methodology based on the premise of what you mentioned in your 1st post. Some traders here are wondering why I have been so successful trading using your indicator. The only thing I can say is that I look at the bigger picture plus patience, plus trust in the indicator. To illustrate this I have a print screen of dating back November 9 to present. The pink blocks represent crossover momentum and the orange blocks are the rejections momentum. The chart is G/U 30 mins. Come on guys...pictures can't tell lie. See it for yourself.
Attached Image (click to enlarge)
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