Live Trading
Time Cell Trading: http://www.forexfactory.com/showthread.php?t=249257
Two-Way-Confirmation-Strategy: http://www.forexfactory.com/showthread.php?t=297304
TraCop-1%: http://www.forexfactory.com/showthread.php?t=212160
Sicko-Scalp-Machine: http://www.forexfactory.com/showthread.php?t=281532
Scalping 10 sec., 30 sec., M1: http://www.forexfactory.com/showthread.php?t=222387
Wellcome FXtrader!
Be aware some points, please before beginning to read the MP-Trading system below.
Radical acceptance is a key mental strategy for coping with market uncertainty. Many traders make the mistake of thinking they can control the markets. Nobody can control the markets. We must learn to accept anything that comes our way and to trade accordingly. Adopt the attitude that trading is a journey and that all we can do is go where the markets take us. Another thing you can do is to make sure you have a life. Trading can be addictive especially when you are winning. Do not put all your emotional eggs in the trading basket. You need to have other roles that give your life meaning and purpose. By defining your identity in a variety of ways, you will not place un-natural importance on trading events. Therefore, you will be able to take losses in stride and look at your trading more objectively. Might be better also, to accept your limitations and work around them, ...and become a winning trader. Possibly, write out your trading plan with precise entry and exit points and as well important, test your system on paper and when confident test in real time with the minimum contract size. You will have losing trades, accept them with grace and go on to the next trade.
So you need to make sure your trading system fits your trading personality; otherwise you will find it hard to follow it. Every trader has different needs and goals, thus there is no system that perfectly fits all traders. You need to make your own research on various trading styles and technical indicators until you find a concept that perfectly works for you. Make sure you know the nature of whatever technical indicator used.
May be "Multiplex" could something for you by finding several trading systems or strategies that suits your life - not the other way around!
Now let us speak the topic.
Multiplex
"Multiplex" is a manual trading strategy. Trades could be triggered within different time frames and can used in ranging and in trending markets. "Multiplex" has used since January 2011. You can use "Multiplex" like a "Modular Design" only by using some indicators (e.g. CCI) in combination with the price action (e.g. engulfing patterns, hammers, shooting stars, in bars) and the Pivotal Points (see #14, #16) or more complex with regard to the EMA Lines, the Stochastics and/or the MACD. It's simple and efficient! If you will get other arguments more, so look at the extreme points at Murrey Math. The EMA lines will show you apart from price action momentum and if there is either a trending environment or a ranging market.
Applying Filters and Indicators
Now, the CCI formation seems easy, but like anything else regarding strategy and technical analysis, it's always good to have buffers or filters in addition to the main signal. You see in the indicator list below that there are over 8-12 indicators. This way, there is more confirmation to take into account before placing your buy or sell entry.
So let's show you the indicators and then a few examples (see "Trade Examples").
Indicators:
- BB14,
- EMA 5, 13, 21, 55, 200,
- CCI (14),
- ADX14,
- Full Stochastics 5,3,3 (SSD),
- MACD,
- Pivot Points
Optional: Price Action, Trendlines, Fibonacci, Murrey Math, RSI(14)
Also I have some simple exponential moving averages e.g. EMA5, 13, 21, 55 to give me clues on the strength of a trend and the likelihood of mass traders entry, also an EMA 200 as a long term moving s/r.
Indicator trustfulness? Whatever seems to work for you is fine!
Currencies: all (& commodities)
Time Frames: all
Keep an eye on the clock:
Pay attention to London open (6 to 8 A.M. London time), the New York open (6 to 8 A.M. New York time) and the London close (5 to 6 P.M. London time). The markets move when these traders open and close their trades for the day.
Live Trading:
Orders are often published in live.
Thread Rules
These are not onerous, so break them and I will ban you:
- Be constructive, friendly and helpful.
- You may be critical:
- You are allowed to say: "This will not work because......"
- You are not allowed to say: "This is lunacy and your are all cretins. Only dimwits trade lile this." Not twice, anyhow.
- Do not ask questions the answers to which are to be found in this post. It took me a time to prepare. Showing by the stupidity of your question that you cannot be bothered to read it properly will annoy me. I will allow my annoyance to show; bluntly; just before banning you from further posting.
FX Knowledge & Strategies:
http://www.babypips.com/school/
http://forex-strategies-revealed.com/basic
http://www.investopedia.com/dictionary/default.asp
Trade ExampleS:
GBPCHF, M15, 2011 June 30, p.1, #5; EURUSD, USDCHF, H1, 2011 June 30, p.1, #6; M15/M1, 2011 June 30, p.1, #8; Powerful Arguments For Entry Long, EURUSD, H4, 2011 July 03, p.2, #30; Scan the crucical Pivots with higher Profit Chance, GBPUSD, H1, 2011 July 06, p.6, #83; Range Bound Trading with the Upper and Lower Bands of the Bollinger Band & the Stochastics, GBPUSD, H1, 2011 July 06, p.6, #84; Breakout Trading, GBPUSD, H1, 2011 July 06, p.6, #85; How to read the EMA-Lines, AUDCHF, H1, 2011 July 07, p.7, #96; Channel Trading with the Bollinger Bands & the CCI Tops & Bottoms, GBPUSD, M15, 2011 July 08, p.7, #104; Scalping Trade Example - Breakout Fading, EURUSD, M1/H1, 2011 July 13, p.9, #126, #127; Scalping Example - EURUSD, M1, 2011 July 28, p.18, #256; Prolonged Minus Trades, EURUSD, H1, p.18, #257; Scalping Example, Scalping within the Pivotal Points with CCI & Stochastics, EURUSD, M1/M5, 2011 August 02, p.20, #292;
Open Demo Account:
If 100% Profit will be reached the Account will be closed.
Deposit: 50'000.-$, Beginning Date: 2011 July 13, History File, 2011 August 01, Equity: 65'485.62$, Profit: +15'485.62$, see, p.19,#277;
http://www.myfxbook.com/members/Fore...ltiplex/135854
http://twitter.com/#!/forexcube
Closed Accounts:
Deposit: 50'000.-$, Beginning Date: 2011 July 01, History File, Closed at 2011 July 12, Equity: 86'360.14$, Profit: +36'360.14$ 
(70% within 2 weeks!), see, p.9, #123, #133;
Articles & Links:
What is Stochastics? - Stochastic Signals, p.3, #31; What Is MACD? - MACD Signals, p.3, #32; How to Use MACD in Forex Trading - MACD Divergence - MACD Convergence, p3, #33, #34, #35; Two Powerful 21st Century Forex Indicators, p.3, #36; Slingshot Forex Reversal Strategy, p.3, #37; CCI Commodities Channel Index Breakout Strategy, p.3, #38; Forex Correlations to Crude Oil Weaken, S&P 500 Link Strengthens, p.4, #55; Forex Correlations: Australian Dollar Proxy for S&P 500, Gold, Oil Prices, p.4, #56; How To Trade Currency And Commodity Correlations, p.4, #57, #58; Bollinger Bands, p.7, #105; Guidelines for Using Bollinger Bands for Forex Trading, p.7, #107;How to Fade False Breakouts With the Boomerang Strategy, p.9, #130;Fade the Breakout, p.9, #131; Forex Breakouts - Trade Them or Fade Them?, p. 9, #132; Currency Carry Trades, p.13, #181; To Carry or Not to Carry? When Do Carry Trades work?, p.13, #182; Understanding the Basics of Forex Trading: Currency Pairs, p.13, #194; The Forex Currency Pairs, p.14, #196; A Forex Carry Trade Strategy, p.14, #197; Carry Trade Strategy, p.14, #200; Trend Lines - Link, p.14, #205; Trend Lines, p.14, #204; Trendline Forex Entry Signal - Two High Probability Setups, p.14, #206; Trend Line Break Forex Reversal Strategy, p.14 ,#208; Interest Calculator, p.15, #221; Currency Pairs Correlation in Forex Market: Cross Currency Pairs, p.17, #249; Link: Correlation Table, p.17, #250; Currency Correlation, p.17, #251;
Excursus
The difference could be great if you make 0.5% or 2.5% per Day, see #155, #156; Java, p.17, #254;
I hope you could get a sense of "Multiplex-Trading" what "Multiplex" could be and where are their limits.
I wish you success & happiness!
Template & Indicators:
See attachment, please.
...So many indicators and all from different systems...seems like you just put every system you could find took there indcicators and some of the rules.....then threw them all together.........Not very impressed. Im going to keep an eye on your thread cause would like to see people try and use this cluster of indicators all at once without being lost about enter,exit,SL,TP,BE or even the trend. Seen most of your charts from this thread and the other ones....how come no SL in any of your "profit" shots? not even a mental or really far hard stop.....Just wondering...........
