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Would you trade this system? New system #2. 10 replies

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Forex Bible System

Haven't had much time to post lately and not trying to predict anything (a fools game at best) but, here is how I currently see the EURUSD.

It is not unusual for corrective waves to be "noisey" so I will be cautious in my trading. I may even use the "patience indicator" to stay out of the market altogether until the picture becomes a bit clearer as to what the Pink Elephant has in mind. Money preserved is as good as money made.

P.S. Nice to see this thread remaining active.
Attached Image (click to enlarge)
Click to Enlarge Name: chrt 7.gif Size: 23 KB
Stay calm, be brave, wait for the signs - Jasper Friendly Bear
What does it mean: signal at opposite direction? Any signal?
Quoting dzhini
What does it mean: signal at opposite direction? Any signal?
exit for SL when you get a signal going the other way.
Hi Cubby,
I felt it necessary to say Thank You for your system . I have been having multiple success with it. Although still using it on Demo. I have though a bit of tweak on it as I trade it along with Trendline Break. with my SL being the price where the signal is.To ease my trade I have coded an EA (exclusively for Golden Finger). Attached Here is the EA and the required Indi.... Both available for modification. just a way of saying Thank You...
Attached Files
File Type: mq4 Golden Finger EA.mq4   6 KB | 592 downloads
File Type: mq4 GoldenFinger.mq4   5 KB | 659 downloads
It takes the Mind to Make Money.............
Quoting starlimit03
Hi Cubby,
I felt it necessary to say Thank You for your system . I have been having multiple success with it. Although still using it on Demo. I have though a bit of tweak on it as I trade it along with Trendline Break. with my SL being the price where the signal is.To ease my trade I have coded an EA (exclusively for Golden Finger). Attached Here is the EA and the required Indi.... Both available for modification. just a way of saying Thank You...
You are the first ))) Im in progress )))
Hi Cubby,
Thanks for the system.I decided to experiment a little with usd/chf pair today and netted around 26dpips.Iam still experimenting.keep you posted
  • Post #227
  • Quote
  • Edited at 8:24am Jan 12, 2011 6:17am | Edited at 8:24am
Quoting dzhini
You are the first ))) Im in progress )))

I would wait until the final word in regards to the repainting issue is given. I was also going to program an EA for this system, however after the results of last session, I think we need to figure out how to better resolve the repainting issue.

Due to the repainting issue, a loss was experienced yesterday.
Hi...
What is the timeframe for the template provided in post no 1?

Thanks
WTjS
Alright guys, I've fixed the repaint issue. I've always thought this indicator was the weakest anyway. It's been removed all together.

yesterday was not a good trading day for this system unfortunately...

I think removing this indicator can only help the system. Let me know what you guys think.

I attached a new zip to first post.

Also, you guys are wlecome to try other time frames... 5 min, 15 min, 30 minute, 4 hour and daily time frames. These can also be traded with success.
Quoting wtjs1971
Hi...
What is the timeframe for the template provided in post no 1?

Thanks
WTjS

1 hour.
In which timeframe this system goes ?

And i can't read your guide, make a pdf, or a simple text file.
Quoting crashout
In which timeframe this system goes ?

And i can't read your guide, make a pdf, or a simple text file.
He said he used it on one hour. I've used it on a 15 minute time frame.
Quoting crashout
In which timeframe this system goes ?

And i can't read your guide, make a pdf, or a simple text file.

Ok, I will change this but please read first post. I copied the manual on the first post.
Quoting starlimit03
Hi Cubby,
I felt it necessary to say Thank You for your system . I have been having multiple success with it. Although still using it on Demo. I have though a bit of tweak on it as I trade it along with Trendline Break. with my SL being the price where the signal is.To ease my trade I have coded an EA (exclusively for Golden Finger). Attached Here is the EA and the required Indi.... Both available for modification. just a way of saying Thank You...

thanks for doing this. are there any changes that need to be made to it depending on broker, etc.? i just put in on the EURCAD signal that came up and it opened and closed the order several times in a row?
What must I do to keep the Golden Finger marking setups? From what I can see it is the key but after a short time it quits working. Hours and hours of nothing. If I restart the platform the signals are everywhere. I have missed several great trades because of this. Is there a reason it quits working?
This is my first post so go easy on me. I've been a lurker on FF for a few years now. I only joined to post on this particular post. I had the oppurtunity to trade this method today all day. A few things i have noticed that EUR/USD "TODAY" on a 15 min chart would have returned big time. I got out to early on the trade but if held from the first buy signal this morning would have returned about 120 pips. GBP/USD would have been roughly 150 pips and EUR/JPY would have been around 90 pips and these are at time of posting. This is not my main trading time but it shows promise.
Once it cleared it's throat - off and away she went. Profit stop +180 and holding .
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Click to Enlarge Name: chrt 3a.gif Size: 21 KB
Stay calm, be brave, wait for the signs - Jasper Friendly Bear
nice one fx hermit...i caught the same move...i see you are utilizing the 123 pattern...ive been studying teb's threads as suggested by you and cubby and you guys were right as it has proved to be very informative and ive added really good tools to my trading box...a few of those very tools which got me into that eur trade today but thats neither here nor there...thanks you guys...did you catch the same type of move on the gbp usd
No man is free who is not a master of himself. -P.M.-
Hi fxhermit,

I see that you are still making use of the Golden Variety indicator (from your screenshot)? Do you still find it adds any value this strategy?

Cheers
Codex
Quoting pmullin86
nice one fx hermit...i caught the same move...i see you are utilizing the 123 pattern...ive been studying teb's threads as suggested by you and cubby and you guys were right as it has proved to be very informative and ive added really good tools to my trading box...a few of those very tools which got me into that eur trade today but thats neither here nor there...thanks you guys...did you catch the same type of move on the gbp usd
Yeah, hindsight shows this to be a classic text book example, doesn't it. The Finger signals defined the 123 very nicely. For me its a "bread and butter" pattern, takes a bit of patience to watch one evolve, they're not always this nice though ....

So far 2011 has been a swing trader's delight $$$$$ . Glad you pocketed some as well.
Stay calm, be brave, wait for the signs - Jasper Friendly Bear
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