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TraCop-1%

  • #481
  • Jan 22, 2010 3:47am Jan 22, 2010 3:47am
Quoting Forexcube
Good interpretation....
Thanks Forexcube for your reply on my analysis.

But I would like to know one thing here. When I am trying to scaping or intraday trading do I need to look at all these 9 Time frames. Or only M1, M5, H1 is enough?

Waiting for your reply.

Feeling disappointed as nobody else is interested in this thread than me..... We actually need some good discussion around this system to understand it better.

Prakash
  • #482
  • Jan 22, 2010 4:07am Jan 22, 2010 4:07am
Quoting reachjj
Thanks Forexcube for your reply on my analysis.

But I would like to know one thing here. When I am trying to scaping or intraday trading do I need to look at all these 9 Time frames. Or only M1, M5, H1 is enough?

Waiting for your reply.

Prakash
Hello Prakash

When you scalping the market monitor M1 and for global view M5, M15, may be H1. You will see very often the different EMA Lines as support and resistance between the TFs.


Kindest regards

Forexcube
  • #483
  • Jan 22, 2010 4:13am Jan 22, 2010 4:13am
Quoting reachjj
Thanks Forexcube for your reply on my analysis.

Feeling disappointed as nobody else is interested in this thread than me..... We actually need some good discussion around this system to understand it better.

Prakash
This thread need not much publicity.

Kindest regards
  • #484
  • Jan 22, 2010 7:16am Jan 22, 2010 7:16am
EURJPY, Daily, 2010 January 22


Support Line is reached around 127.00 since 2009.07.08 and 2009.11.27 and 2009.12.18

Enter Long at 1.2725

Target 1.33
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY, Daily, 2010 January 22.jpg Size: 175 KB
  • #485
  • Jan 22, 2010 8:30am Jan 22, 2010 8:30am
Quoting Forexcube
EURJPY, Daily, 2010 January 22


Support Line is reached around 127.00 since 2009.07.08 and 2009.11.27 and 2009.12.18

Enter Long at 1.2725

Target 1.33
Does it mean, we can take long position on EU also as they are correlated.

Regards,
Prakash
  • #486
  • Jan 22, 2010 9:19am Jan 22, 2010 9:19am
Dear FOREXCUBE

Thanks for sharing the trading experence. The indicator (Demark_trend_new), I still don't know how to use the indicator and the symbol means. Would you mind giving more illustration about this indicator?

Thanks!!
  • #487
  • Edited 11:14am Jan 22, 2010 10:01am | Edited 11:14am
Quoting liweichih
Dear FOREXCUBE

Thanks for sharing the trading experence. The indicator (Demark_trend_new), I still don't know how to use the indicator and the symbol means. Would you mind giving more illustration about this indicator?

Thanks!!
Hello liweichih

I am using Tom Demark Trendline Break to enter trades. As soon as the trendline is broken, I will enter on the next bar. There is no adjustment made. I just open the trades to follow the direction of Daily Trend, moreover I use it for H4, H1, M15 etc.


Read there, please.
http://www.forexfactory.com/showthread.php?t=8915

See further links at p7, #99, please.
http://www.forexfactory.com/showthre...=212160&page=7

When reading DeMark it is good reading with the Mouteki concept, too.


At the time I test DeMark Lines (in conjuntions with the EMAs) with the TD Sequential Indicator recently. (Might be probabilities are getting under specific market condition slightly greater - more reliable).
This conception, see attachment, please:
http://www.forexfactory.com/showthread.php?t=8915

Excellent examples are given by foggytrader:
http://www.forexfactory.com/showthread.php?t=214078

Kindest regards

Forexcube
Attached File(s)
File Type: pdf Impressive Signals From Demark.pdf   201 KB | 356 downloads
File Type: pdf TD SEQUENTAIL.pdf   246 KB | 334 downloads
File Type: pdf TD LINES.pdf   388 KB | 333 downloads
  • #488
  • Edited Jan 23, 2010 8:28am Jan 22, 2010 10:03am | Edited Jan 23, 2010 8:28am
Quoting reachjj
Does it mean, we can take long position on EU also as they are correlated.

Regards,
Prakash
Hellio reachjj

Not EURUSD - NO!

It is the currency EURJPY, see #484 again, please.

If restistance will be broken, then go out. I would go in now with one half of the deposits entry.

See Daily, H4 and M15.

Kindest regards
  • #489
  • Jan 22, 2010 10:33am Jan 22, 2010 10:33am
Start with 500.-$ &- 100.-$ a Day!

Account no. 1409499
Open Day: 2010 January 19
Investor Code: du6ayil
update:
2010 January 22
Deposit: 500.- $
Balance: 4'050.33
Floating P/L: -2'547.49
Equity: 1'502.84
Closed Trade P/L: +3'550.33

Profit + 1002.84 $

200% Profit within one week. :-)


Kindest regard

Forexcube
Attached File(s)
File Type: pdf TraCop-1%, 2010 January 22.pdf   89 KB | 340 downloads
  • #490
  • Jan 23, 2010 12:37am Jan 23, 2010 12:37am
Quoting Forexcube
Start with 500.-$ &- 100.-$ a Day!

Account no. 1409499
Open Day: 2010 January 19
Investor Code: du6ayil
update:
2010 January 22
Deposit: 500.- $
Balance: 4'050.33
Floating P/L: -2'547.49
Equity: 1'502.84
Closed Trade P/L: +3'550.33

Profit + 1002.84 $

200% Profit within one week. :-)


Kindest regard

Forexcube
Hi chris
I tried using this strategy only with m1 and was able to make some 40 $ with 0.05 lots in my demo account. I was just closing positions for 3-5 pips. Is this normal or am i doing too much fast. I did almost 25 trades in 4 hours. Waiting for ur reply. Thanks
  • #491
  • Jan 23, 2010 4:27am Jan 23, 2010 4:27am
Quoting reachjj

Feeling disappointed as nobody else is interested in this thread than me..... We actually need some good discussion around this system to understand it better.
Hi Guys,

First of all: Forexcube: thanks for sharing your method so selflessly. I'm learning a lot from you, although I am unfortunately nowhere near your level of insight.

Currently I'm reading up on everything that has been posted in this thread, but obviously that's gonna take some time, seeing the number of posts.
I must say I'm finding it difficult to follow this method (I'm not gonna say system), because I can't shake the feeling that most of what is shown, is based on expericience and insight in the fx market, rather than a mechanical approach. Maybe I'm wrong about this though. Combine that with the fact that English is not your nor my primary language and explanations are sometimes caught in the crossfire of translation.

That doesn't mean that no one is interested. I'm just not there yet in fully understanding the concepts of this method, let alone trading it.

But I am not giving up just yet

Regards, Excetra
  • #492
  • Edited 1:08pm Jan 23, 2010 8:31am | Edited 1:08pm
Quoting reachjj
Hi chris
I tried using this strategy only with m1 and was able to make some 40 $ with 0.05 lots in my demo account. I was just closing positions for 3-5 pips. Is this normal or am i doing too much fast. I did almost 25 trades in 4 hours. Waiting for ur reply. Thanks

Hello reachjj


You are doing well!

This is the exact trading style for M1!

I trade M1 only with tighten spread currencies, e.g. EURUSD 1.5pip spread.

If M5 and M30 shows a clear trend I prefere to enter with several entries on M1 and let one or two trades running longer e.g. until the next EMA Line on this higher timeframe or at next fibonacci or support or resistance line. With the other trades I am going several times out and in and out and in and out and in and.....

Sometimes I take only one pip or two pip and close the trade, other times may be 4 or 7 pips.

Reachjj when you compare your success 40.-$ at 0.05 Lot Level with my "higher lot trading" (1 Lot) and gross up (calculate it) on this higher level so you can say you would have make a profit around 800.- $ (1 Lot :0.05 Lot = 20, 20 x 40.-$ = 800.- $). Super success!

Note:
See p. 34, #497, EURGBP, please. Perhaps the EMA55 Line (confirms the EMA9/20 crossover a few bars later) could be a good help for market entries if an enter long or an enter short are more favored.

Yes you do it correct!

Kindest regard

Forexcube
  • #493
  • Jan 23, 2010 8:52am Jan 23, 2010 8:52am
Quoting ExCetra
Hi Guys,

I must say I'm finding it difficult to follow this method (I'm not gonna say system), because I can't shake the feeling that most of what is shown, is based on expericience and insight in the fx market, rather than a mechanical approach.

Combine that with the fact that English is not your nor my primary language and explanations are sometimes caught in the crossfire of translation.

Regards, Excetra
Hi ExCetra

You have absolutely right!

My intention is showing a little my ways of trading!

I have read so many excellent strategies here in forexfactory that I think I could make with the other strategies almost even the same success. So there must be something more as "only" the trading strategy, say some aspects of the "trading style" in other words "how do you cope (Coping) the trading strategy". Do you follow strictly the rules? or do you use it more flexible. I will recorded a little my trading next week. Perhaps some aspects will become clearer. Multiple Time Frame Analysis (MTFA) is for me always extremely important! This aspect will be my record lesson one (RL-1: MTFA), then.

Kindest regard

Forexcube
  • #494
  • Jan 23, 2010 12:57pm Jan 23, 2010 12:57pm
EURGBP seems to be a highly interesting currency for the coming week.

Look at Charts below, please.

Kindest regards

Forexcube
  • #495
  • Jan 23, 2010 12:58pm Jan 23, 2010 12:58pm
EURGBP, Monthly, 2010 January 23
Attached Image (click to enlarge)
Click to Enlarge Name: EUR,GBP, Monthly, 2010 January 23.jpg Size: 155 KB
  • #496
  • Jan 23, 2010 12:59pm Jan 23, 2010 12:59pm
EURGBP, H1, 2010 January 23
Attached Image (click to enlarge)
Click to Enlarge Name: EUR,GBP, H1, 2010 January 23.jpg Size: 174 KB
  • #497
  • Edited Jan 24, 2010 7:39am Jan 23, 2010 1:00pm | Edited Jan 24, 2010 7:39am
EURGBP, M1, 2010 January 23


Trading with EURGBP, M1: Look at the EMA55 Line, please. You can monitor if market price go above this line you have one argument more for an entry enter long, so it confirms the EMA9/20 crossover a few bars later and could be a good help for market entries if an enter long (upward movement) or an enter short (P4) downwards are more favored.

Favored transactions:
P1 (Enter Long) at EMA9/20 crossover with P2 EMA55 - confirmation.
P3 (Enter Short) at EMA9/20 crossover with P4 EMA55 - confirmation.

Indifferent candles: Trading isn't indicated. When I'm in a trade I go out when EMA Lines are getting tighter if the profit seems to be enough for me. Why? It is impossible to trade with a higher spread currency pair like EURGBP successful in this market situation.

Kindest regard
Attached Image (click to enlarge)
Click to Enlarge Name: EUR,GBP, M1, 2010 January 23.jpg Size: 154 KB
  • #498
  • Edited 8:42pm Jan 23, 2010 7:33pm | Edited 8:42pm
EURGBP, H4, 2010 January 23
with Gann Grid

I have recently stumbled upon a GannGrid indicator, which provides some additional visual guidance.

Hopefully, it could be of some help to you.

See further more:
http://www.forexf further moreactory.com/showthread.php?t=217118

Indicator see:
http://www.forexfactory.com/showthre...=217118&page=2
"PAMA GannGrid indv4.1.ex4"

Experimental Trading Week.
The following week I will test TraCop Trading System in conjunction with the GannGrid. Special parameters could supply further really valide and reliable arguments or basic confirmations for market entry and exit orders. On EURGBP four hour time frame (H4) Gann Grid could signalizes triggerpoints for market orders well-placed between GANNHiLo and EMA9/20 crossovers.

Kindest reagards

Forexcube
Attached Image (click to enlarge)
Click to Enlarge Name: EUR,GBP, H4, 2010 January 23.jpg Size: 228 KB
  • #499
  • Jan 24, 2010 1:42am Jan 24, 2010 1:42am
Quoting Forexcube
EURGBP, H4, 2010 January 23
with Gann Grid

I have recently stumbled upon a GannGrid indicator, which provides some additional visual guidance.

Hopefully, it could be of some help to you.

See further more:
http://www.forexf further moreactory.com/showthread.php?t=217118

Indicator see:
http://www.forexfactory.com/showthre...=217118&page=2
"PAMA GannGrid indv4.1.ex4"

Experimental Trading Week.
The following week I will test TraCop Trading System...
Hi friend.
I am also trying to follow that PAMA thread. Can we use that on any time frame or it works only on higher time frames like h1 h4 daily etc. Would be waiting to see ur analysis for next combining both the systems. Thanks
  • #500
  • Jan 24, 2010 4:10am Jan 24, 2010 4:10am
Quoting Forexcube
EURGBP, M1, 2010 January 23


Trading with EURGBP, M1: Look at the EMA55 Line, please. You can monitor if market price go above this line you have one argument more for an entry enter long, so it confirms the EMA9/20 crossover a few bars later and could be a good help for market entries if an enter long (upward movement) or an enter short (P4) downwards) are more favored.

Favored transactions:
P1 (Enter Long) at EMA9/29 crossover with P2 EMA55 - confirmation.
P3 (Enter Short) at EMA9/29 crossover with P4 EMA55 - confirmation.

Indifferent candles:...

Hello Forex Cube,
That was a great explantion..., infact the best !!. I will try this and let you know of my results.

Thanks alot again !!!
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