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Andrew Forex Trading System

  • #461
  • Oct 15, 2010 1:58pm Oct 15, 2010 1:58pm
Quoting Pip26
These words are from 1st post of the thread. Where Andrew described the method. Can u clear me this thing.

([color=Black]That is one should wait untill the price has exceeded the point of...
Yes, the pending order should be set under the candle with the green arrow that is the extremum point.
I prefer to keep the pending order just for next two candles (i.e 8 hours). After that I delete it and wait for a new setup that can occur only after a retracement or reversal.
  • #462
  • Oct 15, 2010 4:36pm Oct 15, 2010 4:36pm
Quoting Indrek
How is that? There is no trade at all according to Andrew's system.
why? there is no trade???
the candlestick is above the line and the Line is Green?
can you explain why?
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  • #463
  • Oct 16, 2010 1:29am Oct 16, 2010 1:29am
Quoting leoforex
why? there is no trade???
the candlestick is above the line and the Line is Green?
can you explain why?
Candle is above ST but it is a bullish one! After the ST line turns green, nonlagdot is blue and above the line, you put your pending long order above the first BEARISH candle.
In your case, you have to wait for the bearish candle. No trade yet.
  • #464
  • Oct 16, 2010 8:25am Oct 16, 2010 8:25am
Quoting Indrek
Candle is above ST but it is a bullish one! After the ST line turns green, nonlagdot is blue and above the line, you put your pending long order above the first BEARISH candle.
In your case, you have to wait for the bearish candle. No trade yet.
Thanks Indrek I think I understand what you mean.
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  • #465
  • Oct 16, 2010 10:10am Oct 16, 2010 10:10am
I dont think that any system can get any easier than this. There are bunch of videos explaining how it works. So please stop asking the basics like "Is this a signal" etc. You dont have to read the whole folder, but please at least read the first post...
Sorry, I just dont want the thread to die because of this...
  • #466
  • Oct 16, 2010 3:25pm Oct 16, 2010 3:25pm
Quoting Indrek
Maybe I just cannot read your charts correctly but to my mind all the setups are totally wrong. Short orders should be under bullish candles and long orders above bearish ones.
I attach my GU trade that triggered today.
your pending order should have been placed 2 candles before at the H of the short candle. The first extremum was made on the previous candle. In the short candle was the rebounce.
Vincit qui se vincit.
  • #467
  • Oct 17, 2010 4:57pm Oct 17, 2010 4:57pm
Quoting The7
I dont think that any system can get any easier than this. There are bunch of videos explaining how it works. So please stop asking the basics like "Is this a signal" etc. You dont have to read the whole folder, but please at least read the first post...
Sorry, I just dont want the thread to die because of this...
I think some people have already read the first post but they still got question to ask. They may be very new into this market or they may not totally understand or hesitate if the way they use Andrew system is right.

That's why we ask question. That's why we have something call "Forums"

If a Forums is not letting people to ask question and
"Keep your Mouth Shut! don't ask some stupid question", then this is not a forum to build for.
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  • #468
  • Oct 17, 2010 7:07pm Oct 17, 2010 7:07pm
It seems like the usd/cad is keep going Bullish.


http://preview.shareapic.net/preview7/023651348.gif
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  • #469
  • Oct 18, 2010 1:13pm Oct 18, 2010 1:13pm
This Short trade is start since Oct 05. I keep moving the stop loss to the supertrend1. It didn't hit the stop loss so far. I have around 250 pips. so far.

Thanks for Andrew System


http://preview.shareapic.net/preview7/023656035.gif
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  • #470
  • Oct 19, 2010 2:38am Oct 19, 2010 2:38am
Waiting for these setups
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ucst.gif Size: 23 KB
Click to Enlarge Name: gjst.gif Size: 24 KB
  • #471
  • Oct 19, 2010 5:35am Oct 19, 2010 5:35am
My GJ entry is triggered.. I am also short GU. still waiting for usd/cad and eur/aud trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: east.gif Size: 26 KB
Click to Enlarge Name: gust.gif Size: 26 KB
  • #472
  • Oct 19, 2010 8:22am Oct 19, 2010 8:22am
Quoting Pip26
My GJ entry is triggered.. I am also short GU. still waiting for usd/cad and eur/aud trade.
Eur/Aud setup invalidated.

All remaining trades are going good.
  • #473
  • Oct 19, 2010 12:20pm Oct 19, 2010 12:20pm
USD/JPY hit the stop loss today. I got 205 pips finally.
Waiting for the next "Short" entry position


Take a look at my Chart
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  • #474
  • Oct 19, 2010 12:25pm Oct 19, 2010 12:25pm
More setups, EJ triggered EurChf seems will be invalidate with this candle.

Previous trades are going fine.
GU +120
GJ +40
UC +70.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ecst.gif Size: 22 KB
Click to Enlarge Name: egst.gif Size: 22 KB
Click to Enlarge Name: nust.gif Size: 23 KB
Click to Enlarge Name: ejst.gif Size: 24 KB
  • #475
  • Oct 19, 2010 6:21pm Oct 19, 2010 6:21pm
Quoting Pip26
More setups, EJ triggered EurChf seems will be invalidate with this candle.

Previous trades are going fine.
GU +120
GJ +40
UC +70.
Did you trade EUR/USD today?
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  • #476
  • Oct 20, 2010 12:23am Oct 20, 2010 12:23am
Quoting leoforex
Did you trade EUR/USD today?
No leoforex, i m waiting for it's new extremum to form. I ignored previous extremum when price touched back supertrend and supertrend changed it;s colour. Look at highlighted area on chart.

Now i have pending order at recent extremum low.
Attached Image (click to enlarge)
Click to Enlarge Name: eust20.gif Size: 20 KB
  • #477
  • Oct 20, 2010 12:31am Oct 20, 2010 12:31am
Quoting Pip26
More setups, EJ triggered EurChf seems will be invalidate with this candle.

Previous trades are going fine.
GU +120
GJ +40
UC +70.

Eur/Jpy, Nzd/Usd trades triggered. Eur/Chf, Eur/Gbp setups invalidated.

Setups for today:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aust.gif Size: 24 KB
Click to Enlarge Name: eust.gif Size: 22 KB
Click to Enlarge Name: ucst.gif Size: 22 KB
  • #478
  • Oct 20, 2010 5:08am Oct 20, 2010 5:08am
Eur/Chf H4 short setup:
Attached Image (click to enlarge)
Click to Enlarge Name: ecst.gif Size: 24 KB
  • #479
  • Oct 27, 2010 3:28pm Oct 27, 2010 3:28pm
http://preview.shareapic.net/preview7/023725655.gif

Today eur/usd 4 hour chart
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  • #480
  • Nov 2, 2010 12:21pm Nov 2, 2010 12:21pm
Quoting plig
Hi to everyone,

I hope this will be useful for all of us. I have modified the smAndrew_Signals indicator and I add to it a popup alert that appears when the arrows and the prices appears on the screen.

If can be useful, I can add an email alert too.

Tell me if it works well because I'm not a programmer.

Hi Plig

I am suffering for 2 weeks now to get an alert with e-mail alert on this indicator. There my programming skills are just that of a beginner an not really knowing what i'm doing. I was wondering if you can maybe post the mql file on this indicator or perhaps one with a e-mail alert. I will be much obliged. One week trading give me 15% profit using this indicator.

Regards

Niklaas
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