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Brijons advanced traders multi-currency strategies

  • #421
  • Jun 23, 2011 9:07pm Jun 23, 2011 9:07pm
Quoting batemap
Different Brokers, different GMT offsets and same result! Recently hit the Zero of Three3s.

Excellent!

Paul
hi batemap, do u mind to tell how do we read the three3s while EG +, EJ+ & GY-, what should i long and sell? is it all long?

what if those paid at red color?
still learning on this method.
patient....
  • #422
  • Jun 23, 2011 10:08pm Jun 23, 2011 10:08pm
i didnt have much time to trade over night but still the audusd was predictable a great trade this week for me

loss profit loss the circle of strong swap interst currencys alows you to take advantage of the dips

its good to learn and follow your favourite currency one gets to understand its movements better using aids

God bless from Brian
Attached Image (click to enlarge)
Click to Enlarge Name: limit orders.png Size: 261 KB
  • #423
  • Jun 23, 2011 10:16pm Jun 23, 2011 10:16pm
Quoting johntan
hi batemap, do u mind to tell how do we read the three3s while EG +, EJ+ & GY-, what should i long and sell? is it all long?

what if those paid at red color?
still learning on this method.
So, Zero indicates a trend change, so if this is confirmed via your other indicators then you need wait and see where the basket heads.
For example - if the basket was long, hit the zero, then after a while looked like it was going short, then go short on the basket.

Does this help?
  • #424
  • Jun 23, 2011 10:28pm Jun 23, 2011 10:28pm
now ive just completed testing 2 eas for auto trading ,i wont waste anymore time testing for a while non have proven yet to be succesful
i must be unlucky with auto trading for the last 4 years ive only had lossess in demo over time

one keeps hoping but untill that time limit orders with manual intervention
using double tops double bottom lines and following strong interest currencys keeps making me money

the use of zero is a great help and the offline basket and hedge charts
if you are weighted to be stronger in swapinterst currencys and use limit orders with reward risk in your favour against the bosun line

in my opinion you will make good money it works for me

god bless from brian


Quoting batemap
So, Zero indicates a trend change, so if this is confirmed via your other indicators then you need wait and see where the basket heads.
For example - if the basket was long, hit the zero, then after a while looked like it was going short, then go short on the basket.

Does this help?
  • #425
  • Jun 23, 2011 10:43pm Jun 23, 2011 10:43pm
Quoting brijon
now ive just completed testing 2 eas for auto trading ,i wont waste anymore time testing for a while non have proven yet to be succesful
i must be unlucky with auto trading for the last 4 years ive only had lossess in demo over time

god bless from brian
No worries Brian, glad to be of help.

Paul
  • #426
  • Jun 23, 2011 10:46pm Jun 23, 2011 10:46pm
i use these corebaskets and hedge charts all the time in conjunction with the dashboard signals once you get use to them you can check you currencys you are trading with them for overall trend

remember the core basket trend tends to drag other currencys trend with them so your charts

and the three the alarms of the dashboard the offline charts and your own charts of the currencys you are trading help

it also alows you to alter your position average prices to take in new market direction and timing to get into the trend

think about it the zeros give you market trend changes confirm on offline charts and your charts to capture the posible trend change comming

if the offline chart starts to move too you have the direction and a strong
confirmation for you to jump on the trend of the currencys you are trading WITH THE ALARM AS CONFIRMATION

then look at bosuns adr lines the nearest at the time ajust the prices watching your own charts reward risk to join the trend

simple but always think zero signifys a possible trend change
corebasket and hedge charts confirm direction of trend with your dashboard

the bosun lines and adr lines give you the nearest points and the distance from bosuns gives you reward risk

then one can ajust his entrys on his limit orders or leave or enter now

this is the way i look at the market trend and timing

HOPE THAT HELPS

FROM BRIAN
  • #427
  • Jun 23, 2011 11:18pm Jun 23, 2011 11:18pm
Quoting batemap
So, Zero indicates a trend change, so if this is confirmed via your other indicators then you need wait and see where the basket heads.
For example - if the basket was long, hit the zero, then after a while looked like it was going short, then go short on the basket.

Does this help?
thanks for reply, batemap.http://www.forexfactory.com/images/icons/icon14.gif
should i saying like example below:
i placing buy & sell for the basket on demo when total price is -30.
So the buy & sell basket showing me the basket trending while at -30.
after some while, the total price come to Zero.
And i should placing the buy/sell basket which shows me + pips.
is my example method clear?

perhaps, the EG, EJ, GY pairs a long trade!http://www.forexfactory.com/images/icons/icon5.gif
thanks.
patient....
  • #428
  • Jun 24, 2011 1:13am Jun 24, 2011 1:13am
Never forget the theory of zero is primarly based on the three for usd groups

in reality one could do a jpy group
on the dashboard too
showing the three usdjpy gbpjpy eurjpy

as in 101s spread sheet he seperated out the usd and jpy groups
to
but the basic driving force is the usd three for tend change

the core group is for a very major trend change

so the moment you have the three usd group alarm its the first indication to look at the offline charts

the o then stability in the minus eg 3 plus 3 minus is another starting point

the trend change can be from a side ways long market to a breakout long or short

alawys remember the key 3 is used by major traders zero is for the beginning of a trend change in the major 8

from brian
  • #429
  • Jun 24, 2011 3:09am Jun 24, 2011 3:09am
http://www.youtube.com/watch?v=sg01Gq--J6Q
  • #430
  • Jun 24, 2011 3:49am Jun 24, 2011 3:49am
hey guys,

just popped in to say what an outstanding thread with energy of ideas & contributions from all. A great example of total strangers meeting & sharing with a common goal.

Just a quick question, did I read a while back that someone was going to start from the beginning explaining the concept & techniques used for complete beginner dummies. Did that ever start up & I have overlooked it, or did the idea die?

I ask because I know this thread is for advanced ideas & I have been over to the amazing 3mw thread, but I am still lost in the maze. Is there a definitive 101 summery anywhere, a shorted concrete plain english explanation with simple examples mere mortals have a chance of grasping.

I have always been taught KISS & truly believe it is a human natural urge to tinker & complicate things unnecessarily. I also believe being able to teach is as hard as trading or any profession.

Brijon you really should take your vacation seriously & recharge your amazing energy levels.

No worries if the answer is no, I shall start afresh & plod through trying again.

Alien
  • #431
  • Jun 24, 2011 4:49am Jun 24, 2011 4:49am
Quoting AlienTrader
hey guys,

just popped in to say what an outstanding thread with energy of ideas & contributions from all. A great example of total strangers meeting & sharing with a common goal.

Just a quick question, did I read a while back that someone was going to start from the beginning explaining the concept & techniques used for complete beginner dummies. Did that ever start up & I have overlooked it, or did the idea die?

I ask because I know this thread is for advanced ideas & I have been over to the amazing 3mw thread, but I am still lost in the...
Hi there

This should help, if I got the right link

http://www.forexfactory.com/showpost.php?p=2256782
  • #432
  • Jun 24, 2011 5:05am Jun 24, 2011 5:05am
hi guys,

Paul send to me a slighty updated indicator.

I have attached a minor update to v2 as I noticed on one account that the
GMT offset had changed value from +2 to -7 for some reason. I'm not sure why it did this (it was running on a windows 2000 virtual machine) but it now
updates the gmt hourly to try and keep it synched.

This probably doesn't happen when running on a regular windows PC

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

Alientrader

the orginal T101 thread is here

http://www.forexfactory.com/showthread.php?t=107119

it is complicated material at least for me. took me really some time before i even had a basic understanding of what he did.

the dashboard is a small part of Brijon his strategy. you will understand it when you check the first few videos of brijon on page number 1.

he explains it through his excell in the video. what we tried to do is create parts of brijons his Excell strategy to a usefull indicator to use in metatrader 4, with some extra benefits, like an alarm and AUTOcorrect GMT time.

....

Brijon thanks again for the latest video. going to check it out soon.
Attached File(s)
File Type: mq4 hedge_dashboard_v2.mq4   35 KB | 361 downloads
  • #433
  • Jun 24, 2011 5:21am Jun 24, 2011 5:21am
Hi Brijon,

i just checked the video. it should not be that hard to change it how you want.

or shall we add extra threes? like three4 or three 5?

just to comfim the pairs.

USDJPY
EURJPY
GBPJPY

EURCHF
USDCHF
JPYCHF

we could do for example

three 1

EURUSD
EURGBP
GBPUSd

three 2

USDJPY
EURJPY
GBPJPY

three 3

USDCHF
EURCHF
GBPCHF

three4

GBPCHF
USDCHF
GBPUSd

three5

EURGBP
EURJPY
GBPJPY

i will check the SMA code later today. have to go to hospital first.

thanks as always Brijon for your insights

Trade4fun
  • #434
  • Jun 24, 2011 5:48am Jun 24, 2011 5:48am
i think we could this would be great as you have outlined
but if anyone has other ideas please add to this
for me at this stage it would be better as such so we have zeros on the groups with alarms

with the addition of the emas we have covered three time frames
dayly weekly and now the 4th would be monthly basd on monthly close price against day open price

the dashboard would then show trend all time frames with warning on trend change

one could then focus down to online charts and the curencies you wish to trades charts

these are just my ideas im sure one could also later put bosuns lines beneath for each currency with current price as a seperate indicater
or an addition with current price

making this an overall information dashboard for quick focus down
to chart level

from brian


Quoting trade4fun
Hi Brijon,

i just checked the video. it should not be that hard to change it how you want.

or shall we add extra threes? like three4 or three 5?

just to comfim the pairs.

USDJPY
EURJPY great
GBPJPY

EURCHF
USDCHF great
JPYCHF

we could do for example

three 1

EURUSD
EURGBP
GBPUSd

three 2

USDJPY
EURJPY
GBPJPY

three 3

USDCHF
EURCHF
GBPCHF

three4

GBPCHF
USDCHF
GBPUSd

three5

EURGBP
EURJPY
GBPJPY

i will check the SMA code later today. have to go to hospital first.

thanks as always Brijon for your insights

Trade4fun...
  • #435
  • Jun 24, 2011 6:34am Jun 24, 2011 6:34am
if you noticed the alarms went off right on the offline baskets going long
although i dont normaly trade today

this one feature is worth its weight in gold

for traders wanting to be alerted to change of trend

i just got back from lunch i heard the alarm go off and lo and behold the trend change had started on the offline chats

great work guys

from BRIAN
  • #436
  • Jun 24, 2011 7:56am Jun 24, 2011 7:56am
hey,

thanks Batemap & trade4fun, I will go read & digest.

Have a great weekend

Alien
  • #437
  • Jun 24, 2011 8:32am Jun 24, 2011 8:32am
I will start using videos going through basics for beginers answering basic 3mw stuff with videos as questions are raised
this is for advance traders of multicurrencys

from brian
  • #438
  • Jun 24, 2011 9:03am Jun 24, 2011 9:03am
Hi guys, here is the current results of trading only last wk/month hh/ll and bosun lines, ..there is still profit i havent taken out. I didn't place any market order trades, only set and forget limit orders, and only manuaully intervening to take profit when i felt is due-always havng in mind my mental stoploss of 5%-10% of balance maximum. As you can see, not all pairs were triggered but the ones that triggered have amounted to 400+ pips this week so far. And only using 0.10 lot sizes.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: hhll1.png Size: 84 KB
Click to Enlarge Name: hhll2.png Size: 88 KB
  • #439
  • Jun 24, 2011 9:07am Jun 24, 2011 9:07am
Another thing you guys can try is to enter your trades at a % of daily average(for both single pairs/hedge groups). For example if you know that the daily average of eurusd is 150 pips in the dominant trend direction..u wait for dashboard to confirm trend change at zero and only enter when the % level in profit u want to enter is breached. So u might consider entering only at 20% of daily average profit..which will give you 80%+ profit of daily average when trend kicks in, and you only risk 20% of daily range. However, this way of entry entails that u have an idea of the pairs average move in trend direction. You can use Brians excell to track daily range of all pairs.

Anyways, have a good weekend all..
  • #440
  • Jun 24, 2011 9:48am Jun 24, 2011 9:48am
Quoting Hodgires
Another thing you guys can try is to enter your trades at a % of daily average(for both single pairs/hedge groups). For example if you know that the daily average of eurusd is 150 pips in the dominant trend direction..u wait for dashboard to confirm trend change at zero and only enter when the % level in profit u want to enter is breached. So u might consider entering only at 20% of daily average profit..which will give you 80%+ profit of daily average when trend kicks in, and you only risk 20% of daily range. However, this way of entry entails...
That's kind of what my ADR idea was about, have a look at the lines which are calculated as percentages of the average daily range and appear similar to bosuns lines.

Good pips!

Regards, Paul.
Attached File(s)
File Type: mq4 Weekly-ADR-Lines.mq4   9 KB | 300 downloads
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