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My own developed benkyalate system

  • #2,401
  • Sep 1, 2010 6:42pm Sep 1, 2010 6:42pm
ok,

Mark, I don't follow the Center of Gravity blue line at all. Read post #2347.
Hmmm Mark, in post #2341 you mention you are using the indies since 6 months and improving the method. In post #2392 you say almost 1 year and past 6 months 12 times your account. Finally in post #2400 your blog post trades were bad, I'm confused...
You must be doing something right with 12 times your account in 6 months ?
I feel bitchy when I see a trade that is not developping well.

Pip it Up !

BigMike
  • #2,402
  • Sep 1, 2010 8:29pm Sep 1, 2010 8:29pm
Hi all,
Here is a fun trade ! GBPUSD 4H Short at .5436, SL .5495, TP .5340. Risk 1%. Check chart on 4H, price has reached Timing high, 3 red bars, lower highs, lower lows, last 10 bars color in synch with price. Should be going fast in profit but keep in mind erratic market.

Pip it Up !

BigMike
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd - 4h.gif Size: 20 KB
  • #2,403
  • Sep 1, 2010 8:39pm Sep 1, 2010 8:39pm
Hi all,
AUDUSD Short .9070, 4H , Risk 2%
Extreme lines up, reversal signal, long previous bars, in the red, timing good. .9100 strong resistance. Easy trade to my eyes.

Pip it Up !

BigMike
Attached Image (click to enlarge)
Click to Enlarge Name: audusd - 4h.gif Size: 20 KB
  • #2,404
  • Sep 2, 2010 2:02am Sep 2, 2010 2:02am
@bigmike, don't feel confused. I am using the method for 1 year now (oct 2009). The first 6 months I managed to make a good perf (12 times my account). Then, because I felt confortable I decided to open a blog to post my trade and the things moved bad with some big losses due to big move against me and a poor money management. In post #2341 when I mentionned I was using the method for almost 6 months you can notice this post is dated from May 2010...
  • #2,405
  • Sep 2, 2010 3:48am Sep 2, 2010 3:48am
Quoting Foreign Mark
@bigmike, don't feel confused. I am using the method for 1 year now (oct 2009). The first 6 months I managed to make a good perf (12 times my account). Then, because I felt confortable I decided to open a blog to post my trade and the things moved bad with some big losses due to big move against me and a poor money management. In post #2341 when I mentionned I was using the method for almost 6 months you can notice this post is dated from May 2010...
Thanks Mark I did not see the date of post !!!!!!



BigMike
  • #2,406
  • Sep 2, 2010 3:56am Sep 2, 2010 3:56am
@big mike
thanks for posting the aud/usd setup. managed to catch 40 pips while i was sleeping.
good setup. that's what this thread should be about. posting setups, charts, to improve our trading with the belkhayate system.
meine augen sind die sterne
  • #2,407
  • Sep 2, 2010 5:46am Sep 2, 2010 5:46am
Hello traders! i am glad to see this thread is alive. i know who is belkhayete he very very good trader and very succesfull trade. he use his COG and timing indicators and took very good profits with forex market espacialy GOLD. as i know he use daily and 4 hour charts. i like trade as he and tested his COG about 2 years, but problem is that it repaint. As i know he also use other indicators for filter his signals. i want that we together trade and develope our results. If anyone want i also has GOLDBAND and i can give it. if anyone use skype and want talk i am ready. it will be better if we will speak via skype about this COG. i also post my charts when will be trades. As i remember Mostafa use daily market as market direction and then 4 hour for entry. pls write here all details.

Thanks Geobull
  • #2,408
  • Sep 2, 2010 7:21am Sep 2, 2010 7:21am
Here is a version of COG that I like.

http://www.sendspace.com/file/281945

Have included four templates.

All the best

Xard777
Attached Image (click to enlarge)
Click to Enlarge Name: XARD OBOS.png Size: 82 KB
  • #2,409
  • Sep 2, 2010 7:58am Sep 2, 2010 7:58am
hello Xard thanks for your Tamlate. can you tell me how we use it.
  • #2,410
  • Sep 2, 2010 8:54am Sep 2, 2010 8:54am
Quoting geobull
hello Xard thanks for your Template. can you tell me how we use it.
Hi geobull,


The COG system uses an overbought/oversold strategy, you enter a trade from the outer cog bands with a 1st target view at the middle band.

Murreymath uses a similar overbought/oversold strategy, you enter a trade from the 8/8ths to + 2/8ths overbought area with a target view at the 4/8ths middle, or you enter a trade from the 0/8th to -2/8ths oversold area with a target view at the 4/8ths middle.

To help confirm this type of ob/os trading strategy I have opted for TDI in the sub window as it shows turns (plus changes in trend when the red line crosses the yellow line).

I hope this helps answer your question.

All the best

Xard777
  • #2,411
  • Sep 2, 2010 9:13am Sep 2, 2010 9:13am
Quoting aserbfx
@big mike
thanks for posting the aud/usd setup. managed to catch 40 pips while i was sleeping.
good setup. that's what this thread should be about. posting setups, charts, to improve our trading with the belkhayate system.
Thanks aser ! The cable trade is pretty good too !
GBPCHF is not developping well, but that happens on Daily, just part of the game. Will see.
EURUSD will drop like a rock for an easy 100 pips, but it's a risky one. .2800 resistance very strong. Will go from actual price of .2807 to .2685.
Pip it Up !

BigMike
  • #2,412
  • Sep 2, 2010 2:03pm Sep 2, 2010 2:03pm
what time frame do you use XARD?
  • #2,413
  • Sep 2, 2010 3:08pm Sep 2, 2010 3:08pm
Quoting geobull
what time frame do you use XARD?
I look at 4hr tf with entry on 1hr, but some people like to use 15m for entry...each to their own.

I also like to use the obos 240, 4 template

Xard777
  • #2,414
  • Sep 2, 2010 4:08pm Sep 2, 2010 4:08pm
Quoting xard777
I look at 4hr tf with entry on 1hr, but some people like to use 15m for entry...each to their own.

I also like to use the obos 240, 4 template

Xard777
thank you very much for reply
  • #2,415
  • Sep 3, 2010 3:31am Sep 3, 2010 3:31am
Hi all,

I have closed my GBP/USD trade yesterday.
1.5472 - 1.5365 = +107 pips.

Not sure to trade today, the afternoon will be crazy with the stats.
Maybe something to do on EUR/GBP 1H...
  • #2,416
  • Sep 3, 2010 4:28am Sep 3, 2010 4:28am
Quoting Foreign Mark
Hi all,

I have closed my GBP/USD trade yesterday.
1.5472 - 1.5365 = +107 pips.

Not sure to trade today, the afternoon will be crazy with the stats.
Maybe something to do on EUR/GBP 1H...
ok good job mark. can you post your entry where it was.

Thanks geobull
  • #2,417
  • Sep 3, 2010 7:16am Sep 3, 2010 7:16am
Hi,

@geobull You can find it on post #2395
  • #2,418
  • Sep 3, 2010 7:26am Sep 3, 2010 7:26am
Quoting Foreign Mark
@aserbfx, I trade on 4H and 1H TF. Attached my current trade on GBP/USD 1H short target to 1,5350

@bigmike, "*12 on my account in 6 months" means my account has been multiplied by 12 in 6 months.
i'm sure its posted earlier, but whats the blue/green histogram overlaid ontop of the candle average in post 2395?
  • #2,419
  • Sep 3, 2010 8:19am Sep 3, 2010 8:19am
@simpletrades, it's a timer indicator
Attached File(s)
File Type: ex4 Timer.ex4   5 KB | 687 downloads
  • #2,420
  • Sep 3, 2010 8:26am Sep 3, 2010 8:26am
Quoting Foreign Mark
@simpletrades, it's a timer indicator
thanks, but question, the solid bar--green/blue on yours but input choices 2 and 3 as magenta/aqua on the unchanged download tell me what as opposed to the histogram bars themselves? also which pairs tie together on your blue/green version--0/2 and 1/3 or 0/3 and 1/2? it looks like 0/2 and 1/3.
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