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Chin-Star trending system

  • #261
  • May 17, 2011 8:22am May 17, 2011 8:22am
Not short EU yet, was looking to get in but waiting as I think it needs a retrace just around the daily pivot quickly, or better still retrace near the Daily Open line, before we start pushing down, that way there shouldn't be any stupid drawdown...

Hope it works out.
  • #262
  • May 17, 2011 8:30am May 17, 2011 8:30am
Quoting tetis
Gu is choppy too!
GU no clear signalyet, CHIN-A is not staying below 15.
  • #263
  • May 17, 2011 9:39am May 17, 2011 9:39am
Quoting pash78
I am in at 4141, however not liking the PA yet.
Out with a loss
  • #264
  • May 17, 2011 9:48am May 17, 2011 9:48am
Quoting pash78
No No I am not Horton in different name . I had that running when i created the template . I will post new template in few mins. Thanks for pointing it out, i did pay attention to it.
here are new templates.
Attached File(s)
File Type: tpl chin-star-ej-gj.tpl   3 KB | 304 downloads
File Type: tpl chin-star-eu-gu.tpl   3 KB | 310 downloads
  • #265
  • May 17, 2011 9:57am May 17, 2011 9:57am
Please note there is sell alert on GU, however there is some support in 6185 area, also we are at london close. So proceed with caution. Else its better to stay out today.
  • #266
  • May 17, 2011 10:15am May 17, 2011 10:15am
Quoting NoJobRob
Pash78, what time frame do you draw your fibs on? I do daily since I like seeing the big picture, but do you draw them on the 4 hour or 1 hour since you trade intraday? Also, I'm going to be testing out your system on AUD/USD. I will let you know how it's going, and post charts and such. Thanks, and have a profitable day.

Rob
Yes I draw fibs on higher TF, 1H or 4H.
  • #267
  • May 17, 2011 10:35am May 17, 2011 10:35am
Quoting pash78
Please note there is sell alert on GU, however there is some support in 6185 area, also we are at london close. So proceed with caution. Else its better to stay out today.
I sold Gu 1.6918
  • #268
  • May 17, 2011 10:38am May 17, 2011 10:38am
6918?
Poshcom
  • #269
  • May 17, 2011 10:41am May 17, 2011 10:41am
Quoting tetis
I sold Gu 1.6918
Just proceed with caution, 6185 area is good support, if that breaks 6150 is next support area. i am in from 6198 but with a small lot, dont want to risk much.
  • #270
  • May 17, 2011 10:42am May 17, 2011 10:42am
Some time in 2008???

Quoting tetis
I sold Gu 1.6918
  • #271
  • May 17, 2011 10:42am May 17, 2011 10:42am
Quoting clocksley
Some time in 2008???
Poshcom
  • #272
  • May 17, 2011 10:52am May 17, 2011 10:52am
GU needs to break this triangle to find a direction, until then its choppy.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.114.jpg Size: 212 KB
  • #273
  • May 17, 2011 11:02am May 17, 2011 11:02am
Quoting clocksley
Some time in 2008???
yes you right
1.6198
mistype
  • #274
  • May 17, 2011 12:37pm May 17, 2011 12:37pm
how much normal drawdown in this strategy?
how much average loss and gain for this strategy?

thank you
  • #275
  • May 17, 2011 1:06pm May 17, 2011 1:06pm
Quoting yusuf84
how much normal drawdown in this strategy?
how much average loss and gain for this strategy?

thank you
MAX-Drawdown/Stop-loss can be upto 50-70 pips. Gain depends on you, how you exit. In peak time (London and US morning session) gains can be very good. During off peak time I trade with small lot and risk less.
  • #276
  • May 17, 2011 1:24pm May 17, 2011 1:24pm
There was a buy signal on EU and GU, I avoided it as it was looking more of retrace than an upmove also this is off-peak time.
  • #277
  • May 17, 2011 4:03pm May 17, 2011 4:03pm
I missed this EJ trade today, was stuck with bad EU trade. But anyway will have better trades tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.115.jpg Size: 215 KB
  • #278
  • May 17, 2011 9:36pm May 17, 2011 9:36pm
Is anyone using the EAs to receive email alerts? It seems to work fine for EU, and GU, but the jpy pairs all flood my inbox with emails when an alert fires. I received about 800 email alerts yesterday from ej and about 400+ today from gj and another 200 or so from ej.

I have definitely checked the "Disable alert once hit" box. The fact that the same config seems to work fine on non-jpy alert emails makes me think maybe there's something wrong with the jpy EA.

Would be nice to get reliable text alerts while I'm at work so I might get into some trades then.

TIA
  • #279
  • May 17, 2011 10:37pm May 17, 2011 10:37pm
Quoting jeffx
Is anyone using the EAs to receive email alerts?...
Are u using the EA which I uploaded previously? IF yes then it was sending repeated alerts at same time. Check the new one in first post and see if you still get same issue.
  • #280
  • May 17, 2011 10:42pm May 17, 2011 10:42pm
Quoting pash78
Are u using the EA which I uploaded previously? IF yes then it was sending repeated alerts at same time. Check the new one in first post and see if you still get same issue.
I thought I used what was in the first post, but maybe not, I'll download them, thanks!
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