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Attachments: Easy no stress daily charts:)
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Easy no stress daily charts:)

Quoting Olu
It crossed on my chart. The only reason I did not take the trade was because of all the fundamental data coming out. I did not take the usdcad for the same reason.

Olu
If it crosses on my charts tonight, I will follow my rules... But I understand you and I might get a loss
Live it or leave it!
Quoting jcdollar
Thats what was confusing me, the lines crossed from the downside up, below the 40 and where heading back up! Yet the price was below the MA? All the Tech and Fund said to short this, but the Stoch lines where headed up! Looks like the yellow crossed the blue right before the lines went above the 40 heading up! But I see what you are talking abougt!

Cross above 40 (from upside down) and price under MA = short
Cross under 60 (from down to upside) and price above MA = long

Live it or leave it!
http://i1194.photobucket.com/albums/...pninja/USD.png

Another chart with questions on it! Not sure if others might have been thinking the same thing! This is just what I observe when looking at the chart!!! :nerd:
Voodoo Economics.......
jcdollar, I think you need to go back and study the rules properly. Your first buy was invalid, because price was below 100 EMA and the trend is down.

Often I have seen this work, but it is lower probability so not part of this system.

Your second buy should have been a sell, as you mark it a short. This would have been ok, but a little early. You need to wait until the yellow line crosses the blue, as Slurpee said already.

I'm not sure if you're marking your charts up correctly - it confuses me, and I am easily confused.
Quoting jimmc
jcdollar, I think you need to go back and study the rules properly. Your first buy was invalid, because price was below 100 EMA and the trend is down.

Often I have seen this work, but it is lower probability so not part of this system.

Your second buy should have been a sell, as you mark it a short. This would have been ok, but a little early. You need to wait until the yellow line crosses the blue, as Slurpee said already.

I'm not sure if you're marking your charts up correctly - it confuses me, and I am easily confused.

Thanks for the input, I have not bought or sold using this yet, I am just observing the charts and trying to understand why certain things are done and certain things are not, question was on the above chart was that their are times its seems the market moves up a lot during the period of 9 days, it never got close to the 100MA mark and relation to the Stoch lines crossing below 40 heading up, these are not the rules but would that not have been an opportunity to buy (long)! I know the rules I am just asking on what I am seeing, am I risking it, not sure just learning this system will be using it in the following week!

Thanks
Voodoo Economics.......
Quoting jcdollar
Thanks for the input, I have not bought or sold using this yet, I am just observing the charts and trying to understand why certain things are done and certain things are not, question was on the above chart was that their are times its seems the market moves up a lot during the period of 9 days, it never got close to the 100MA mark and relation to the Stoch lines crossing below 40 heading up, these are not the rules but would that not have been an opportunity to buy (long)! I know the rules I am just asking on what I am seeing, am I risking it,...
JcDollar thanks for clarifying your objectives. I looked at your chart and said to myself 'you've got it back to front' You are right in your observations that a lot of trades are left on the table because we use the 100sma under or over rule. Pairs can travel 000s of pips in the wrong direction towards the 100sma and you are left feeling this system is rubbish. However if you got the move down in the first place then you wont feel so bad.

We are '100sma surfers' using this system. But as traders we should have other systems that can capture the upnove i described above. However it is my opinion that this system alone can set you up nicely. It is 'pipalicious'

Olu
Find a trend and milk it for all it is worth. That's how to be profitable
Quoting Olu
JcDollar thanks for clarifying your objectives. I looked at your chart and said to myself 'you've got it back to front' You are right in your observations that a lot of trades are left on the table because we use the 100sma under or over rule. Pairs can travel 000s of pips in the wrong direction towards the 100sma and you are left feeling this system is rubbish. However if you got the move down in the first place then you wont feel so bad.

We are '100sma surfers' using this system. But as traders we should have other systems that can capture...

Okay got you, sorry for all the questions I am still learning and and a very visual person, i have to see it on a chart to understand it, so I know the rules

Cross above 40 (from upside down) and price under MA = short
Cross under 60 (from down to upside) and price above MA = long

So it looks like form the chart above the USD/CHF has a long way to go before we can trade on it using this system, correct? Meaning a while before it hits the 100MA!

I was just wanting to make sure that I had this down, I am still DEMO and learning a system that will work on the Daily charts. I like the Daiy becuase I fell everything else moves to fast for me.

So here is the current snap shot of the GPB/USD, 21mins old as per opening day candle, and my obervations as per your methods rules! With questions of course

http://i1194.photobucket.com/albums/...rtofGPBUSD.png

Thoughts on the above chart! Would it be safe to say since the Stoch lines are around their max overbought level, to wait and see if the next few candle days manage to break the resisting trend lines, if not wait for a possible bounce back and catch the market below the 100MA to ride it back down!
Voodoo Economics.......
Quoting jcdollar
Okay got you, sorry for all the questions I am still learning and and a very visual person, i have to see it on a chart to understand it, so I know the rules

Cross above 40 (from upside down) and price under MA = short
Cross under 60 (from down to upside) and price above MA = long

So it looks like form the chart above the USD/CHF has a long way to go before we can trade on it using this system, correct? Meaning a while before it hits the 100MA!

I was just wanting to make sure that I had this down, I am still DEMO and learning a system that...
I would not buy the pair if it settles above the MA as it would be too overbought for me. In fact what I an expecting from this pair is a stoch turn down with price under the 100sma giving us a sell

Olu
Find a trend and milk it for all it is worth. That's how to be profitable
Quoting Olu
I would not buy the pair if it settles above the MA as it would be too overbought for me. In fact what I an expecting from this pair is a stoch turn down with price under the 100sma giving us a sell

Olu

Nice so we are seeing the same things here, Thats what the Stoch was telling me as well, so we should wait to see and look for the stoch lines to cross above the 60 or 40 while heading down, which ever comes first then look at where the candle is in relation to the 100MA, it would be safe to look for a sell point of entry?

Thoughts!
Voodoo Economics.......
Quoting jcdollar
Thanks for the input, I have not bought or sold using this yet, I am just observing the charts and trying to understand why certain things are done and certain things are not, question was on the above chart was that their are times its seems the market moves up a lot during the period of 9 days, it never got close to the 100MA mark and relation to the Stoch lines crossing below 40 heading up, these are not the rules but would that not have been an opportunity to buy (long)! I know the rules I am just asking on what I am seeing, am I risking it,...
jcdollar, it is OK to ask questions, just go and read the rules a few times. it is not a long reading The main rule is, NEVER go long when the price is under the MA and NEVER go short when the price is above the MA. Simple as that, dont try to find anything else on the chart! This system just doesnt allow this, take it as it is...
Live it or leave it!
Quoting Olu
JcDollar thanks for clarifying your objectives. I looked at your chart and said to myself 'you've got it back to front' You are right in your observations that a lot of trades are left on the table because we use the 100sma under or over rule. Pairs can travel 000s of pips in the wrong direction towards the 100sma and you are left feeling this system is rubbish. However if you got the move down in the first place then you wont feel so bad.

We are '100sma surfers' using this system. But as traders we should have other systems that can capture...
Exactly, this system doesn't take every possible trade, actually NO SYSTEM take every possible trade (from hindsight - after the battle everyone is a general). If you follow the rules, you will get enough trades. And if it is not enought for you (which is absolutely OK), just find another system that suits you better. Trade 1hr, 4hr charts or so...
Live it or leave it!
just went long... here is why
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.png Size: 190 KB
Live it or leave it!
Quoting Slurpee
Exactly, this system doesn't take every possible trade, actually NO SYSTEM take every possible trade (from hindsight - after the battle everyone is a general). If you follow the rules, you will get enough trades. And if it is not enought for you (which is absolutely OK), just find another system that suits you better. Trade 1hr, 4hr charts or so...

What are some of your favorite pairs to trade i.e. EUR/USD, I notice you guys trade some minors?

Plus have you looked at the USD/CAD, stoch lines crossed above the 60, currently headed down, current day candle is below 100MA......Sell short?
Voodoo Economics.......
Took long AUD/CAD...
Attached Image (click to enlarge)
Click to Enlarge Name: AudCad_071411.JPG Size: 113 KB
Quoting FX_California
Took long AUD/CAD...
I was holding back for a short signal on this one...

Olu
Attached Image
Find a trend and milk it for all it is worth. That's how to be profitable
Quoting jcdollar
What are some of your favorite pairs to trade i.e. EUR/USD, I notice you guys trade some minors?

Plus have you looked at the USD/CAD, stoch lines crossed above the 60, currently headed down, current day candle is below 100MA......Sell short?
USDCAD would be short for me, if the Stoch cross was above 40 level (see the rules). But the cross is under 40 so I am not going short...

I trade the pairs that I posted in the first post and AUDUSD... maybe some others in the future, but not minors...
Live it or leave it!
Quoting FX_California
Took long AUD/CAD...

Too exotic for me
Live it or leave it!
Quoting Slurpee
USDCAD would be short for me, if the Stoch cross was above 40 level (see the rules). But the cross is under 40 so I am not going short...

I trade the pairs that I posted in the first post and AUDUSD... maybe some others in the future, but not minors...
usdcad is a short for me as I trade the original system. For some reason though I missed it

I trade the sytem on anything that moves as long as I can handle the risk and the volatility. But I am going to limit it to the majors aud, eur, gbp, chf and nzd and their more liquid derivatives. There is enough in this system in all of these to keep us busy for generations.

Slurpee I want to comment on your charts. I just like the way you do them. You have it zoomed out and there is the history of all the trades you have taken on them. It provides a strong visual impact of the profitability of the system over time. It is also a good training tool. Well done.
Find a trend and milk it for all it is worth. That's how to be profitable
This pair is stalling at the MA line. No stoch crosses yet though just an observation.

Olu
Find a trend and milk it for all it is worth. That's how to be profitable
Below is a snap shot of last nights AUD/USD, and this mornings (my time) snap shot....

http://i1194.photobucket.com/albums/...nja/AUSUSD.png

Correction AUD not AUS, my bad I dont follow this pair much, any thoughts from anyone, would you of bought in as well, or waited, any thing! This helps me learn for future trading!

Cheers
Voodoo Economics.......
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