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TraCop-1%

  • #321
  • Jan 10, 2010 12:55pm Jan 10, 2010 12:55pm
Quoting foggyTrader
...just try to explain your postings better and post a few trades as you enter them rather than just posting a whole load of results at the end of the day.
Good luck and all the best.
Cheers
Foggytrader
Hello foggyTrader

I will do my best!

Kindest regards

Forexcube
  • #322
  • Jan 10, 2010 1:35pm Jan 10, 2010 1:35pm
"Dear Vasi
You can also switch on the next higher timeframe.
Forexcube "

Thank you, for answer. I have to practice more wih this indicator.
For higher timeframes, I think that could be better to use an indicator like: MTF Gann Hilo if exist, because I can't find it.

Best regards
  • #323
  • Jan 11, 2010 8:15am Jan 11, 2010 8:15am
forexcube...there are only 22 pages and no 3315 in this thread????still looking for manual??
  • #324
  • Jan 11, 2010 8:31am Jan 11, 2010 8:31am
Quoting RisingSun
Hi Forexcube,

Thank you for sharing your method...
Taking the eurusd trades that constitutes almost 80% of the profit, it appears you went short on the reverse at R line and took profit a minute or two later in most cases. What was your decision trigger for exit? Is it something hard to describe and we need to rely on the price action reading off the M1 chart? Or do you have a set of decision criteria you can disclose?
Anycase wish you all the success and hope to see more of your posts here in this thread. Thank you. RS
Hello RisingSun

When i think wins are enough I go out when I trade a M1 Scalping one, as a general rule after 1-7 pips. The EMA Lines give me a powerful orientation and Pivot Points if there are ones. Last Friday EURUSD had pushed into sky so there was a higher probability for a turn down, when it doesn't trigger the resistance which I have monitor on M5 before I trade M1 and then taking one's bearing at M1 and at EURJPY M1 and GBPJPY M1, but EURJPY has unfortunately given short time false signals at this afternoon, so I have to go out, due to the fact with a 5 Lot trading it might be better do not make experience, when the deposits are only around 5'000.-$. The other set of decision criteria would be writing down this month in a Manual, see p.1. the TraCop-1%-Manual a *.pdf file. and this special chapter could post then on this threat, when I have a little bit more time. (Note: Normally I go out with all my trades at Friday noon 12:00 GM+. ;-)

If there is anything I can help you with, let me know.


Kindest regards


Forexcube :-)
  • #325
  • Jan 11, 2010 11:59am Jan 11, 2010 11:59am
Quoting Forexcube
Hello Universal

I've begun with writing the script.
see at 3315, please.

Kindest regards
hey.

i will enjoy it.
thank ya.
  • #326
  • Jan 11, 2010 1:18pm Jan 11, 2010 1:18pm
Quoting Universal
hey.

i will enjoy it.
thank ya.
Hi Universal

Oh sorry,
the updated version could be downloaded from page 1, look at the Manual-TraCop-1%.pdf file, please.

Hope it helps!

Regards
  • #327
  • Jan 11, 2010 1:22pm Jan 11, 2010 1:22pm
Quoting sfg7th
forexcube...there are only 22 pages and no 3315 in this thread????still looking for manual??
Hi sfg7th

The updated version could be downloaded from page 1, look at the Manual-TraCop-1%.pdf file, please. I write this in the following weeks down, perhaps it will grow on.
Kindest Regards
  • #328
  • Jan 11, 2010 1:49pm Jan 11, 2010 1:49pm
GBPUSD, Daily

Long-time trade

Enter Long at 1.61045 or monitor M15 for a better market entry.

Target: 1.6550/1.6800

When it will go further down Enter Long second time around 1.5700 (if UK budgetary planning don't declare insolvent).

Kindest regards
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD, Daily, 2010 January 11.jpg Size: 415 KB
  • #329
  • Jan 11, 2010 2:41pm Jan 11, 2010 2:41pm
Quoting Forexcube
... When i think wins are enough I go out when I trade a M1 Scalping one, as a general rule after 1-7 pips (good). The EMA Lines give me a powerful orientation and Pivot Points if there are ones... Last Friday EURUSD had pushed into sky so there was a higher probability for a turn down (agree), when it doesn't trigger the resistance which I have monitor on M5 before I trade M1 ...due to the fact with a 5 Lot trading it might be better do not make experience, when the deposits are only around 5'000.-$(true)....
Thanks Forexcube. The explanation is very much resourceful, giving clear picture how you would scalp M1. I trade OandA M1 with S&R breakout in the main and S&R reversal is additional strategy worth mixing.

The lot size per trade is 30% of balance. The target is 2% of balance set as default TP. I like this platform since the trade management is easy, flexible and powerful.

Looking forward to reading your PDF document with great anticipation!

Thanks again, RS
  • #330
  • Edited 9:30pm Jan 11, 2010 6:10pm | Edited 9:30pm
Hi Forexcube,
I, and (I think) everyone have been following your thread to learn the system, appreciate you for keeping your time to explain, and transfer your experiment. We know that it is hard to do. Thanks a lot.
I'm looking for your complete manual. Meanwhile you explain all of items you think it's need to, by your experiment, please mention the answer of the question of the traders which has been asked you till now.
I don't know, where are the pages, that you refer somethings to. There is only 22 pages here, but you refer much more pages.
Good Luck

Best Regards
  • #331
  • Jan 11, 2010 10:13pm Jan 11, 2010 10:13pm
Hi ForexCube,

I was trying GannHiLo on EURUSD M5 tf.

I could see many false signals like, it crosses the other side of the indicator and within 2-3 candles, it comes down thus making me not to earn but to lose.

Is there a way to filter such signals..

I am thinking of looking at higher tf like M30 or 1 hr and see where the price is (If price is above gannhilo then I take only buy signals from M5 and vice versa).

Can you tell me, if there is any other best way of doing it.

Thanks a lot for such a good system.

Prakash
  • #332
  • Edited Jan 12, 2010 6:24pm Jan 11, 2010 10:40pm | Edited Jan 12, 2010 6:24pm
Hi Dear Forexcube,
Would you explain more about:
- on pdf, option 2 of exit. If on M5, EMA9/20 crossovers, we should check the trailing stop on M15, or we should check both of them on M 15? I think you mean the pin point entries with sound money management, but which one M5 or M15?
- In first page of forum you said that, one of Exit way is the crossingover GannHiLo/EMA9. they crossover soon on M1(don't check another TF) and if we follow that, we can not achive the proper profit, and we must exit soon.
Thanks
Best Regards
  • #333
  • Jan 12, 2010 12:38am Jan 12, 2010 12:38am
EURUSD, H4, 2010 January 12

EMA200 is reached. Turn down or break?
Look if ADX -DI crosses +DI from down to upside.

Trade M1, M5
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, 2010 January 12.jpg Size: 159 KB
  • #334
  • Edited 3:08am Jan 12, 2010 12:48am | Edited 3:08am
Quoting reachjj
Hi ForexCube,

I was trying GannHiLo on EURUSD M5 tf.

I could see many false signals like, it crosses the other side of the indicator and within 2-3 candles, it comes down thus making me not to earn but to lose.

Is there a way to filter such signals..

I am thinking of looking at higher tf like M30 or 1 hr and see where the price is (If price is above gannhilo then I take only buy signals from M5 and vice versa).

Can you tell me, if there is any other best way of doing it.

Thanks a lot for such a good system.

Prakash
Hello reachjj

Look at the picture below, if you trade GannHiLo on EURUSD, M5 you'll have many red and green lines for all exits and enters. If you trade EMA9/20 crossovers you'll have several black lines. Might be it will be better for you to trade M5 with EMA9/20 and not with GannHiLo or GANN HiLo on EURUSD, M1 (see chart below, please).

GANN HiLo at M5 is good when market is trending. It's necessarily to switch on higher timeframes when trading M5 (e.g. M30, H1, H4). TraCop is a multiple time frame one. So you are absolutely right if you do in this way you've described above. Take an indicator more into consideration e.g. MACD or RSI or ADX for avoiding false signals, e.g. ADX >20/25, +DI/-DI crossovers are good markers. With M5 look at EMA55 and EMA200 if prices are above oder downside then you could trade in order of this direction the M5.

Kindest regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2010 January 12.jpg Size: 199 KB
Click to Enlarge Name: EURUSD, M1, 2010 January 12.jpg Size: 184 KB
  • #335
  • Edited 4:31pm Jan 12, 2010 1:00am | Edited 4:31pm
Quoting sfg7th
forexcube...there are only 22 pages and no 3315 in this thread????still looking for manual??

Dear sfg7th

"3315 should be "#315"

The characters "#" and "3" stand on the swiss keybord on the same button.
"alt gr" and "#" = "#" and "3" is without any other "push down button". That's all.

Note:
The manual (*.pdf file) will be updated on page 1, #1 at the suggestion of "vasi" (see, p.22, #318 "vasi").

Kindest regards
  • #336
  • Jan 12, 2010 1:08am Jan 12, 2010 1:08am
Quoting spak3060
Hi Forexcube,
I, and (I think) everyone have been following your thread to learn the system, appreciate you for keeping your time to explain, and transfer your experiment. We know that it is hard to do. Thanks a lot.
I'm looking for your complete manual. Meanwhile you explain all of items you think it's need to, by your experiment, please mention the answer of the question of the traders which has been asked you till now.
I don't know, where are the pages, that you refer somethings to. There is only 22 pages here, but you refer much...
Hi spak3060

May be I don't completely understand your task.

Could you please let me know details information?

Kindest regards
  • #337
  • Jan 12, 2010 1:26am Jan 12, 2010 1:26am
GBPUSD, M1

Preferred trades:
P1 (Enter Long), P2 (Exit & Enter Short), P3 (Exit - wins are enough; and actual Support line (till it'll be broken))
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD, M1, 2010 January 12.jpg Size: 159 KB
  • #338
  • Edited 2:28am Jan 12, 2010 1:54am | Edited 2:28am
Quoting spak3060
Hi Dear Forexcube,
Would you explain more about:
- on pdf, option 2 of exit. If on M5, EMA9/20 crossovers, we should check the trailing stop on M15, or we should check both of them on M 15? I think you mean the pin point entries with sound money management, but
which one M5 or M15?

Hello spak3060

Do you mean this one on page 3?

"Option 2
using a trailing stop for an uptrend a trailing stop is activated for the first time when EMA 9/20 crossover confirm the entry point ( to serve as a rule: 1 – 3 bars later). A trailing stop is placed below the previous bar's lowest price and is moved with each new price bar on the second higher time frame (if you trade H4 monitor Daily whereas with M5 trading, take M15 - if you trade M15 take M30). This strategy allows to accurate pin-point good entries with sound money management – risks/protective stops are very tight and potential profits are high. Current trading strategy can be improved when it comes to defining the best exits. For example, once in trade may almost try applying Fibonacci studying to the most recent swings. This way they can predict shortterm retracements and make sure they will not be pulled out the trade early and will continue pursuing profit targets at Fibonacci extension levels. I prefere to monitor e.g. Supply and Resistance Levels on higher Timeframes and Fibonacci but most of all I'll respect my own cognitive behavioral aspects if I find wins are now enough and a more critical essence are coming up about the actual future market movements any more. So I can wait for the next chance to make a winning trade more. This is one of my Coping Style in Forex Trading, may be a highly personal one."


Quoting spak3060
In first page of forum you said that, one of Exit way is the crossingover GannHiLo/EMA9. they crossover soon on M1(don't check another TF) and if we follow that, we can not achive the proper profit, and we must exit soon.
Thanks
Best Regards
It seems the sentence is taken out of the context!
Could you give me the "#number* , please. This phrase ("don't check another TF") sounds a little bit curious! (due to the fact that "TraCop-1%" needs first a MTFA [multiple time frame analysis] before entering in short trades). :-)

It is your decision how many risk you're willing to take over. Different individiual trading styles were born in mind by TraCop-1%. Sometimes I personally prefere the more risky trades, other times the more shorter trades and sometimes I trade like a conservative trader, all in all as a function of the actual market flexibility (volatility) which depends on my evaluation (market analysis) and then it is important to switch through the timeframes up and down. I prefere Candle/GANN HiLo crossing or GANN HiLo/EMA9 crossovers (EMA9/20 crossover is good as well) to jump in or jump out of the market in M1 scalping style in actual volatile market circumstances. So it was my intention to communicate this trading technic, too, the trader community. There will be mentioned other Entry/Exit technics on this thread in future (see "advanced strategy" chapter then). The Manual is a script and will be overworked day by day till summertime.

You're wellcome!

Kindest regards
  • #339
  • Jan 12, 2010 2:02am Jan 12, 2010 2:02am
ERCHF, Daily, 2010 January 2010

Enter Long at 1.47585
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF, Daily, 2010 January 12.jpg Size: 160 KB
  • #340
  • Edited 4:14am Jan 12, 2010 4:02am | Edited 4:14am
Account Deposit 500'000.-
Open Day: 2010 January 06
updated: 2010 January 12
Equity: 930'051.41 $

Hope it will become this week!
Attached File(s)
File Type: pdf Zürich Forex Trading Fond, 2010 January 12.pdf   91 KB | 255 downloads
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