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Multiple Trading systems gbpusd only

  • #141
  • Aug 23, 2010 5:15am Aug 23, 2010 5:15am
Loss 61 pips on the 50 ema system -- now 50ema system in sell lest show how it play out -- these is now news on uk and USA -- so it may be a slow day--
Attached Image (click to enlarge)
Click to Enlarge Name: 50ema.gif Size: 23 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #142
  • Aug 23, 2010 5:18am Aug 23, 2010 5:18am
Quoting whatfx
how do you determine whether its in a buy or sell mode ? do you use ema ? on your chart , the line you have drawn, what is that ?

when do you use 1 hr time frame and when do you use 15 min timeframe ?
Ok if supertrend 4hr chart in sell mode -- then only take sell signal from the 15 min supertrend--- (this system has nothing to do with 50ema system)

50ema system -- is applied to the 1hrs chart -- buy above the upperband when candle close -- sell below the lower band when candle close
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #143
  • Aug 23, 2010 5:19am Aug 23, 2010 5:19am
Quoting zamanib
Loss 61 pips on the 50 ema system -- now 50ema system in sell lest show how it play out -- these is now news on uk and USA -- so it may be a slow day--
On the break of the 1 hour 50 ema system why not follow only the trades that match the direction of the 4 hour supertend?
  • #144
  • Aug 23, 2010 5:35am Aug 23, 2010 5:35am
Quoting hirnant
On the break of the 1 hour 50 ema system why not follow only the trades that match the direction of the 4 hour supertend?
Look like we have a next thinker -- nice to see -- that seems to work also the last sell on the 4hr supertrend was on august 10th -- going back to the 50ema since then to now we had 3 profitable sell on 1hrs 50ema
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #145
  • Aug 23, 2010 6:33am Aug 23, 2010 6:33am
Quoting fxjunior
yes it is... 1st try for today i got 60 pip ! what a GREEEEEEENNN !

which system did you try and how has it been since ?
  • #146
  • Aug 23, 2010 6:39am Aug 23, 2010 6:39am
Quoting zamanib
Ok if supertrend 4hr chart in sell mode -- then only take sell signal from the 15 min supertrend--- (this system has nothing to do with 50ema system)

50ema system -- is applied to the 1hrs chart -- buy above the upperband when candle close -- sell below the lower band when candle close

but how would you determine if the supertrend it is in a buy mode or a sell mode ? what do you look for on the chart ?

you have drawn a line on your chart . is that to determine the direction of the trend ? what is that line ?

can you post results for the past two weeks ?


regards
  • #147
  • Aug 23, 2010 6:52am Aug 23, 2010 6:52am
Quoting whatfx
but how would you determine if the supertrend it is in a buy mode or a sell mode ? what do you look for on the chart ?

you have drawn a line on your chart . is that to determine the direction of the trend ? what is that line ?

can you post results for the past two weeks ?


regards
When price is below the super trend on the 4h it is in SELL mode, in this case super trend is red.

When price is above super trend on the 4h it is in BUY mode, in this case super trend is blue(or green or whatever colour you like).
Regards
  • #148
  • Aug 23, 2010 6:59am Aug 23, 2010 6:59am
Quoting howard
When price is below the super trend on the 4h it is in SELL mode, in this case super trend is red.

When price is above super trend on the 4h it is in BUY mode, in this case super trend is blue(or green or whatever colour you like).
but what is the 'supertrend' ? is it the line that has been drawn on the chart ? what is this line / indicator ? how can i install it ?
  • #149
  • Aug 23, 2010 8:02am Aug 23, 2010 8:02am
Quoting whatfx
but what is the 'supertrend' ? is it the line that has been drawn on the chart ? what is this line / indicator ? how can i install it ?
if you read the tread from the beginning all was explained read twice and you will get it all. make own indicators.
  • #150
  • Aug 23, 2010 8:15am Aug 23, 2010 8:15am
Quoting zamanib
Loss 61 pips on the 50 ema system -- now 50ema system in sell lest show how it play out -- these is now news on uk and USA -- so it may be a slow day--

I am unable to figure out how you got the loss of 61 pips on the buy side. If you had bought at around 5573 when PA crossed the upper band and eventually got to 5618, how did such a loss occur? To me, the worst one would have done under the circumstances would have been to exit at 5600.
  • #151
  • Aug 23, 2010 8:30am Aug 23, 2010 8:30am
Quoting Bydyke
I am unable to figure out how you got the loss of 61 pips on the buy side. If you had bought at around 5573 when PA crossed the upper band and eventually got to 5618, how did such a loss occur? To me, the worst one would have done under the circumstances would have been to exit at 5600.
think its when bar closes above or below top /bottom band. buy/sell
  • #152
  • Aug 23, 2010 9:53am Aug 23, 2010 9:53am
gud systems all of them, the debate over exit strategy is valid, but it surely doesnt undermine the success rate of the strategies. thx zamanib.
  • #153
  • Aug 23, 2010 10:00am Aug 23, 2010 10:00am
60 pips on supertrend i am out
Attached Image (click to enlarge)
Click to Enlarge Name: supertrend.gif Size: 14 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #154
  • Aug 23, 2010 10:03am Aug 23, 2010 10:03am
40 PIPS ON 50EMA
Attached Image (click to enlarge)
Click to Enlarge Name: 50ema.gif Size: 21 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #155
  • Aug 23, 2010 10:10am Aug 23, 2010 10:10am
TRAIN WITH NY OPEN
Attached Image (click to enlarge)
Click to Enlarge Name: train ny open.gif Size: 18 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #156
  • Aug 23, 2010 11:20am Aug 23, 2010 11:20am
1st try on 50ema...entered post late, but still make some green pips
thanks zamanib (dunno how to post chart here..)
  • #157
  • Aug 23, 2010 11:44am Aug 23, 2010 11:44am
Quoting toyrus
1st try on 50ema...entered post late, but still make some green pips
thanks zamanib (dunno how to post chart here..)
-- the same window when you are posting a new message scroll down -- you will see (manage attachment) click on it -- the upload you chart--
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #158
  • Aug 23, 2010 1:08pm Aug 23, 2010 1:08pm
Quoting zamanib
40 PIPS ON 50EMA

hi

1. am i missing something here ? on my chart i have loaded the 50 ema. it is just one blue line. there is no upper or lower bands.

your chart shows 3 lines. how did you get that ? what have i missed.


2. also, on the one line of 50 ema on my chart i did some backtesting. there are quite a few losers than winners. you buy when candle goes above the 50 ema line. but profit never reaches 50 pips. comes back down and reaches stop loss.

similarly you sell when candle closes below 50 ema line. again profit of 50 pips does not reach, and stop is closed out. happens often.


3. on your supertrend charts, where did you get the red and green trend lines from ? otherwise i cannot tell if in buy mode or sell mode, without these lines.


4. i have also found on the 50 ema system, that it is best to enter trade immediately after the 50 ema line is crossed, rather than wait for the candle to close. whats your opinion ?


lastly do these systems work with stocks and shares ?


regards
  • #159
  • Aug 23, 2010 1:41pm Aug 23, 2010 1:41pm
Quoting whatfx
hi

1. Am i missing something here ? On my chart i have loaded the 50 ema. It is just one blue line. There is no upper or lower bands.

Your chart shows 3 lines. How did you get that ? What have i missed.


2. Also, on the one line of 50 ema on my chart i did some backtesting. There are quite a few losers than winners. You buy when candle goes above the 50 ema line. But profit never reaches 50 pips. Comes back down and reaches stop loss.

Similarly you sell when candle closes below 50 ema line. Again profit of 50 pips does not reach, and stop...
read from the 1st post read it -- 3 times
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #160
  • Aug 23, 2010 3:10pm Aug 23, 2010 3:10pm
Quoting zamanib
read from the 1st post read it -- 3 times
i have read the thread over 7 times. still dont get it. i shall be grateful if you could clarify the points raised in my last message.

also, in the supertrend system you have attached a supertrend file. is that the indicator we need to download on the chart ? i.e. the red and green trend lines shown in your chart examples ?

i have tried to download this, but i recieve an error message saying my windows software does not support this type of file.


regards
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