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  • #1,581
  • Jun 21, 2011 6:17am Jun 21, 2011 6:17am
Quoting punisher
that is the secret of this system:

at the trigger of the RF signal the H1 was UP !!!
I look at this 5 major very close.

the H1 change the direction to down after the long red candle, there the price was already near the lower band from TMA.

that is what I tell today , you can't believe the chart if you show it 1 candle later then the trigger candle!!

then in hindsight it looks very nice , but in real time it was not a trade signal.

so all charts show nice trades after the fact is bulls****, that's the secret of this system!

and...

Found the same thing using latest TMA yesterday- really took the wind out of my sails.... Switched to TMA True hoping for clearer signals.
Here's hoping
Really want this system to work
sentiment repainting...
  • #1,582
  • Jun 21, 2011 6:18am Jun 21, 2011 6:18am
Hello, short in eur/usd, MOM trade, hope that market not reverses....
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  • #1,583
  • Jun 21, 2011 6:20am Jun 21, 2011 6:20am
EJ and EU sell!
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  • #1,584
  • Jun 21, 2011 6:23am Jun 21, 2011 6:23am
Trade closed with +2 pips, as market seems to revers...
scanning again....
  • #1,585
  • Jun 21, 2011 6:31am Jun 21, 2011 6:31am
This thread is becoming dangerously close to falling apart, I hope Kevin gets back soon to bring some order once again.

Yes there are repainting indicators involved, however the system works perfectly fine without repainting ones.

The TMA non-repainting version has been on the thread for quite a while, and if people search they can find non-repainting versions of the MTF stochastics, that don't flash in the trade direction, then opposite again.

The concept is sound, if you have problems with repainting and believing a system works, either forward test it, or replace the repainting ones with non-repaints.

I use both. Picture below is with NON-repainting TMA and MTF Stochs, signals are still valid (notice to the left of the stochastics window, the indicator shows bullish & bearish movement within the same other time frame candle)

Regards
John
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  • #1,586
  • Jun 21, 2011 6:32am Jun 21, 2011 6:32am
Sorry to read that

and I hope you will be healthy and make a lot of green pips , really from the bottom of my heart.

and I thanks for your work and your time here!

I will follow your postings and hope we can make a successful system, I realistic only will see 10% per month, same I write before, but can't see that in the last hours, so hope with your help.

thanks and have a good time


Quoting P.Dean
I can understand your frustration... your depending way too much on the indicator to tell you where and what to do all the time... indies are just guides.. PA is what its at hand and important..

now all this is just talk and gets us nowhere.. right?.. ok forget it..

...............


regards,
Dean
  • #1,587
  • Jun 21, 2011 6:33am Jun 21, 2011 6:33am
Quoting lotv
Totally disagree with Helix and Bradu.... I made 115 pips yesterday and 90 today so far and I traded most of them in the asian market ...I live in Perth west Aust and all the daylight hours are Asian session ,so on a good day 200 pips or more is possible... remember we have only just got started with this strategy... even better times are ahead.... I can't help but feel extremely positive for the days and weeks ahead.
guys,

i didnt said this system does not work at all....all i said was to keep your feet on the ground. i see you`re a member since 2004, so i guess you know this better.
i`m trading live for only 3-4y and can surelly tell that buying/selling on a CCI 8 (or retracement finder how it is called in Divergence`s thread ) and 1h/4h stoch may be good, but it isnt something extraordinary that can allow you to gain +200 pips/day...

anyway...keep up the good work
  • #1,588
  • Edited 6:53am Jun 21, 2011 6:37am | Edited 6:53am
E/G live...


edit.. my risk on this trade with my hard sl is only pips.. so I let it be to either get hit or go for profit for now..

edit.. sl hit for -10...
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  • #1,589
  • Jun 21, 2011 6:52am Jun 21, 2011 6:52am
Hi

I look forward to reading your posts next week and looking at your charts.

In advance, could you please let us know the indicators (which version) and the settings therein that you use.

The problem with my 4 hr stochastic in the Eur/Jpy has corrected as time has gone by on both Alpari and Go Markets charts (in case anyone is interested).

I don't know how many people have read "Trading in the Zone" by Mark Douglas. If you're serious about trading it is a must read in my view.


Di
  • #1,590
  • Jun 21, 2011 6:53am Jun 21, 2011 6:53am
Quoting P.Dean
E/G live...


edit.. my risk on this trade with my hard sl is only pips.. so I let it be to either get hit or go for profit for now..
Per the rulez we trade in the direction of 4H trend isn't it? I see you are short when the 4H trend is upward..
Fall seven times, stand up Eight! #GGMU
  • #1,591
  • Jun 21, 2011 6:56am Jun 21, 2011 6:56am
Quoting P.Dean
E/G live...


edit.. my risk on this trade with my hard sl is only pips.. so I let it be to either get hit or go for profit for now..

edit.. sl hit for -10...
Dean,

looking at that picture...you can clearlly see by the angle of that TMA that price is going up
instead of looking to short it...maybe you should buy every touch of low TMA

just my 2c
  • #1,592
  • Jun 21, 2011 7:00am Jun 21, 2011 7:00am
Quoting duffy
Hi

I look forward to reading your posts next week and looking at your charts.

In advance, could you please let us know the indicators (which version) and the settings therein that you use.

The problem with my 4 hr stochastic in the Eur/Jpy has corrected as time has gone by on both Alpari and Go Markets charts (in case anyone is interested).

I don't know how many people have read "Trading in the Zone" by Mark Douglas. If you're serious about trading it is a must read in my view.


Di
hi Di and thank you..
I don't use anything fancy... just what you see on my chart which was provided to all in here..
-kevinator.. 60.. 14,3,3.... 240..10,3,3
-RF with alert.. i just changed the A-period from 0.8 to 0.6 for quick reco alert only so i get my self setup bcz i wait for the bar candle to close most of the times and set pending orders 2 pips buffer + spread most times..
-TMA band... regular on.. yes the one that repaints.. its irrelevant the painting.. i trade the now moments and it clearly shows the ob/os or if the damn PA is at which side of the band..

and whole lot of common sense.. lol

that's it..
  • #1,593
  • Jun 21, 2011 7:04am Jun 21, 2011 7:04am
Quoting vickym
Per the rulez we trade in the direction of 4H trend isn't it? I see you are short when the 4H trend is upward..
this was a scalp trade.. all i care is the 1hr stoach step.. which is clearly down... plus all day this pair along with most pairs are in range so 4hr direction is irrelevant for a scalp trade..
  • #1,594
  • Jun 21, 2011 7:07am Jun 21, 2011 7:07am
Quoting bradu
Dean,

looking at that picture...you can clearlly see by the angle of that TMA that price is going up
instead of looking to short it...maybe you should buy every touch of low TMA

just my 2c
i buy when it does touch..
for now on a ranging pair the angel of the damn thing is meaningless..
that's where you let the indie to dictate too much of what you do and not see the real PA..
my trade was a loss.. but i don't give a rats ass..

just watch me put up big numbers on the score board.
all talk are aside.. remember?... everyone that got something to say.. show me a live chart.. that's it.. should've could've is all for kindergarten..

you guys want real time live trading to believe.. well i give it to you.. win or lose.. you all try to do the same... before you know it everyone has up himself a level or two.. and that's what we want..


lets do it.. next trade... NYS is coming up.. stay alert guys..
  • #1,595
  • Jun 21, 2011 7:40am Jun 21, 2011 7:40am
MOM in the making on G/U..
but won't jump the gun to early.. waiting for a clear RF signal and the close of it than taking a shot..
I let it come to me on such rang-ish day cross the board..

oh forgot...
i can care or less if the 4hr flashes back and forth...
i know i got a semi trendy bear pa at hand and it has pulled back...
the indies just makes the picture more clear and fast for me to see as i flip the pages..
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  • #1,596
  • Jun 21, 2011 7:46am Jun 21, 2011 7:46am
Dean, thanks for keeping us on track. Did you take the cable short?
  • #1,597
  • Jun 21, 2011 7:54am Jun 21, 2011 7:54am
criteria met for short MOM sterling trade
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  • #1,598
  • Jun 21, 2011 7:55am Jun 21, 2011 7:55am
Quoting Marlin Man
Dean, thanks for keeping us on track. Did you take the cable short?
yw marlin,

no my friend... as i said i wont jump the gun.. i wait for the rf bar/candle to close and put up a pending order with 2pips buffer.. as you see it never got triggered.. now that the PA might be turned.. I have sort of escaped and will cancel the order and look for the resume of another RF bar if it goes south too much..
  • #1,599
  • Jun 21, 2011 8:00am Jun 21, 2011 8:00am
Quoting P.Dean
yw marlin,

no my friend... as i said i wont jump the gun.. i wait for the rf bar/candle to close and put up a pending order with 2pips buffer.. as you see it never got triggered.. now that the PA might be turned.. I have sort of escaped and will cancel the order and look for the resume of another RF bar if it goes south too much..
now you all see my pending order, i set that pending order immediately after the close of the rf bar/candle.. and now look at where the PA is and rf bars... so when i see strong reverse on the candle and rf bar.. i cancel the order and look for the next opportunity..

this way you can save yourself from premature entry sometimes.. which goes a long way..
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  • #1,600
  • Jun 21, 2011 8:03am Jun 21, 2011 8:03am
Hi Dean

You're using the RF for entry of a MOM trade whereas Kevin does not.(Post # 1235 on page 83)

I thought the use of the RF was for the 1 hr scalp trades only.

On reading my own reference (above) again, I see that Kevin said that newbies should use the RF as a trigger to enter MOM trades.

The fact that you use it for entry must have proved a better option for your entry rather than entering at the TMA line. Is this correct?


Di
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