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AL-Bit (Numerical trading By AboSolamn And MifaForex )

  • #81
  • Jun 7, 2010 12:49pm Jun 7, 2010 12:49pm
Quoting Indrek
At what time GMT did your H4 candle close? I have a short signal for NZDUSD but no long AUDUSD...
its the same time zone with mecca , and +2 gmt
  • #82
  • Jun 7, 2010 12:55pm Jun 7, 2010 12:55pm
Quoting tahshoon
its the same time zone with mecca , and +2 gmt
ksa +3gmt
GREENIUS
  • #83
  • Jun 7, 2010 12:57pm Jun 7, 2010 12:57pm
Quoting tahshoon
a new signal aud-usd buy
u see sl will hit
GREENIUS
  • #84
  • Jun 7, 2010 1:07pm Jun 7, 2010 1:07pm
if u dont mind i changed the color ...see the chart
Attached Image (click to enlarge)
Click to Enlarge Name: modification.png Size: 53 KB
  • #85
  • Jun 7, 2010 1:10pm Jun 7, 2010 1:10pm
Quoting greenius
u see sl will hit
never mind,we r testing ,to see all things ...
  • #86
  • Edited 4:58pm Jun 7, 2010 4:55pm | Edited 4:58pm
Just coming to the end of a 4hr bar/signal on EURJPY. +20, +40 and +66. Nice
Also signal on last 4hr bar on EURUSD so far only TP1 hit for +17 other 2 lots +24 with 6 mins till close of bar. If I close that one now that'll be a total of 332 pips this system has made for me today
  • #87
  • Jun 7, 2010 5:48pm Jun 7, 2010 5:48pm
My only fear with this system is the large SL. With 3 lots if 1 SL is hit it could take a while to clawback. If a couple are hit on the same day then
  • #88
  • Jun 8, 2010 1:13am Jun 8, 2010 1:13am
Quoting kraven
My only fear with this system is the large SL. With 3 lots if 1 SL is hit it could take a while to clawback. If a couple are hit on the same day then
this forex n this case we need to work together and find filter
GREENIUS
  • #89
  • Jun 8, 2010 2:58am Jun 8, 2010 2:58am
From the few signals I've seen the PA very has never gone 20-30pips in the wrong direction not after it's hit the first TP1 anyway. So i've been using a 20-30 pip SL and once TP1 has been hit move the SL to entry price for the other 2 lots.
The current signal is with USAJPY. SL is -60pips TP1 is +10, TP2 +19, TP3 +31. Because it's a flat/no trend at the moment and as a hole this pair hasn't done much of late I put a SL of -20pips. On this occasion TP1 was hit for +10 but PA has now come down to entry price so i've exited. +10pips is still a profit
  • #90
  • Jun 8, 2010 3:03am Jun 8, 2010 3:03am
Quoting kraven
From the few signals I've seen the PA very has never gone 20-30pips in the wrong direction not after it's hit the first TP1 anyway. So i've been using a 20-30 pip SL and once TP1 has been hit move the SL to entry price for the other 2 lots.
The current signal is with USAJPY. SL is -60pips TP1 is +10, TP2 +19, TP3 +31. Because it's a flat/no trend at the moment and as a hole this pair hasn't done much of late I put a SL of -20pips. On this occasion TP1 was hit for +10 but PA has now come down to entry price so i've exited. +10pips is still a profit...
So inthe case you recommend to keep ur sl 30 in all case
GREENIUS
  • #91
  • Jun 8, 2010 3:31am Jun 8, 2010 3:31am
Yes and no.
If you go into a signal with little to no trend like the USDJPY I posted earlier I'd stick with 20-25 as it's more risky. If you go with a heavy trended signal then 30pips as you want to stop in the trade as long as possible.
  • #92
  • Jun 8, 2010 4:33am Jun 8, 2010 4:33am
we have 4 signal

eu short tp1 hit =16pip
gu tp1 to tp3 hit = 25+49+81 =155
au short still
uj short tp1 hit =15 pip

total =186 pip
GREENIUS
  • #93
  • Jun 8, 2010 4:34am Jun 8, 2010 4:34am
aslo i forget one

uc long still active
GREENIUS
  • #94
  • Jun 8, 2010 7:28am Jun 8, 2010 7:28am
USDCAD was a buy with slight up trend but hit it's SL and would have ment -210pips. But with 25pip SL reduced to -75
  • #95
  • Jun 8, 2010 8:36am Jun 8, 2010 8:36am
its a great system but a little modification will be better like a filtration or some thing like that ... a great job done so far
  • #96
  • Jun 8, 2010 8:45am Jun 8, 2010 8:45am
ok we need to reduce the false signal
GREENIUS
  • #97
  • Jun 8, 2010 9:08am Jun 8, 2010 9:08am
BUY on USDCAD but loosing
BUY on AUDUSD winning (but against trend)
SELL EURUSD loosing
  • #98
  • Jun 8, 2010 10:52am Jun 8, 2010 10:52am
The chf/jpy trade went fast but to wild to trade.
  • #99
  • Jun 8, 2010 10:57am Jun 8, 2010 10:57am
update
Attached Image(s) (click to enlarge)
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GREENIUS
  • #100
  • Jun 8, 2010 3:45pm Jun 8, 2010 3:45pm
Quoting kraven
BUY on USDCAD but loosing
BUY on AUDUSD winning (but against trend)
SELL EURUSD loosing
Just logged on again...little update
The U/C lost, would have went all the way to the signal SL and lost a bunch but if we put the 20-30 SL in place we loose a max of 90pips
The A/U made +58pips
The E/U made +77pips

Right now
U/C (again) hit all 3 TP for +118pips
U/C is in profit but as yet to hit TP1

I am impressed with this system so far but the lower SL is a must and some sort of filter too. may look at trading only when RSI is under 50.
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