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Chin-Star trending system

  • #521
  • Jun 21, 2011 10:35pm Jun 21, 2011 10:35pm
Quoting pash78
Shorted EU
Was there a signal then? My charts didn't show an EU short signal until a little over 2 hrs ago.

BTW, this is probably one of the most underrated threads on FF. Hope I can eventually find time to trade 15m charts... day job gets in the way. Chin indicators are great - not only for signals to enter trades, but they help keep you out of bad trades too - during chop, etc.
  • #522
  • Jun 22, 2011 8:27am Jun 22, 2011 8:27am
Market will be choppy till FOMC.
  • #523
  • Jun 22, 2011 9:56am Jun 22, 2011 9:56am
EU has resistance at 4450 area. there was a Buy signal around 4412.
  • #524
  • Jun 22, 2011 12:03pm Jun 22, 2011 12:03pm
Quoting jeffx
Was there a signal then? My charts didn't show an EU short signal until a little over 2 hrs ago.

BTW, this is probably one of the most underrated threads on FF. Hope I can eventually find time to trade 15m charts... day job gets in the way. Chin indicators are great - not only for signals to enter trades, but they help keep you out of bad trades too - during chop, etc.
Thanks Jeff,

The short trace yesterday was not based on Chin indicators but had a feeling that EU might SELL off after the Greece news. I felt it will be a major sell off but it was not the case.
  • #525
  • Jun 22, 2011 1:13pm Jun 22, 2011 1:13pm
EU 4440 Resistance 4380 Support waiting for a break of these after the news conference. Caution there can be a whipsaw.
  • #526
  • Jun 22, 2011 1:57pm Jun 22, 2011 1:57pm
Quoting pash78
EU 4440 Resistance 4380 Support waiting for a break of these after the news conference. Caution there can be a whipsaw.
4350-4360 support area from yesterday. Break of these will open test to 4300.
  • #527
  • Jun 22, 2011 4:46pm Jun 22, 2011 4:46pm
targets 4305 1st. If 4300 area goes 4260 next.
Attached Image (click to enlarge)
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  • #528
  • Jun 22, 2011 8:00pm Jun 22, 2011 8:00pm
Quoting pash78
targets 4305 1st. If 4300 area goes 4260 next.
Closed part for 4310 for 66 pips, moved SL to 4355, waiting for 4300 to break.
  • #529
  • Jun 23, 2011 5:51am Jun 23, 2011 5:51am
Hey Pash thanks for these updates. The S/R levels you call out are spot on.
I too agree that this system is great and this tread is undervalued. Excellent work and thank you.
  • #530
  • Jun 23, 2011 8:44am Jun 23, 2011 8:44am
Quoting pash78
Closed part for 4310 for 66 pips, moved SL to 4355, waiting for 4300 to break.
4158 support for EU , if it retraces it might touch 4220 -4250 area again. I dont think we will get any signals on Chin today.
  • #531
  • Jun 23, 2011 9:01am Jun 23, 2011 9:01am
Quoting pash78
4158 support for EU , if it retraces it might touch 4220 -4250 area again. I dont think we will get any signals on Chin today.
4158 taken out for now, 4070 area is next support.
  • #532
  • Jun 23, 2011 1:59pm Jun 23, 2011 1:59pm
Quoting pash78
4158 support for EU , if it retraces it might touch 4220 -4250 area again. I dont think we will get any signals on Chin today.

EU retraced quickly to 4220 area.
  • #533
  • Jun 24, 2011 9:38am Jun 24, 2011 9:38am
There was a re-entry short signal on EU from 4227, Currently testing 4157 support area.
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  • #534
  • Jun 24, 2011 12:07pm Jun 24, 2011 12:07pm
Quoting pash78
There was a re-entry short signal on EU from 4227, Currently testing 4157 support area.
4140 important support from yesterday. A close below this level today will see further downside next week.
  • #535
  • Jun 26, 2011 6:02pm Jun 26, 2011 6:02pm
all strategies focus on entries, whereas EXITS could be the name of the game !!!

regards
.Hawk.
  • #536
  • Jun 27, 2011 10:03am Jun 27, 2011 10:03am
Quoting .Hawk.
all strategies focus on entries, whereas EXITS could be the name of the game !!!

regards
.Hawk.
Support resistance my friend are the best place to time your exits and move your stops. Here is a chart for today's EU trade. 4300 area resistance from Friday.
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  • #537
  • Jun 27, 2011 10:13am Jun 27, 2011 10:13am
Quoting pash78
Support resistance my friend are the best place to time your exits and move your stops. Here is a chart for today's EU trade. 4300 area resistance from Friday.
One more example of resistance on EJ and a good exit point. Please note I attached 1H chart just to show resistance area, entry was based on 15M TF.
Attached Image (click to enlarge)
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  • #538
  • Jun 29, 2011 10:32pm Jun 29, 2011 10:32pm
Finally had time (after work) and a good signal to trade the excellent Chin indicators. Closed out at +26, didn't want to be greedy...asian session and all.
Attached Image (click to enlarge)
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  • #539
  • Jul 12, 2011 5:01pm Jul 12, 2011 5:01pm
I would really like to have an ea to manage trades with these indicators. I would like to open trades manually, but then have my ea close the trades if either the trade hits the 15 or -15 side as a SL of the indicator or it hits level 50 or -50 as TP. I am using chin c and d only.
  • #540
  • Jul 13, 2011 10:50am Jul 13, 2011 10:50am
Quoting cmac0351
I would really like to have an ea to manage trades with these indicators. I would like to open trades manually, but then have my ea close the trades if either the trade hits the 15 or -15 side as a SL of the indicator or it hits level 50 or -50 as TP. I am using chin c and d only.
Please check your PM.
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