you are right - so far here is nothing about trading time but I personally use it only during London/NY session ... but it seems to me that the thread owner is trading 24/5 ?
- #125
- Sep 23, 2011 4:57am Sep 23, 2011 4:57am
Hi Everyone and thank you Evaluator for sharing this stratergy, looking promising..Can I ask how long you have been using this now..
I thought I would give this a go today...Ive set up my chart but I seem to be missing the spikes on the Bull-Bear indi, can anyone help, Ive checked my setting with the ones Evaluator posted and eveything is ok....
Thank you in advance http://www.forexfactory.com/images/icons/icon7.gif
I thought I would give this a go today...Ive set up my chart but I seem to be missing the spikes on the Bull-Bear indi, can anyone help, Ive checked my setting with the ones Evaluator posted and eveything is ok....
Thank you in advance http://www.forexfactory.com/images/icons/icon7.gif
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
- #126
- Sep 23, 2011 5:07am Sep 23, 2011 5:07am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
Hey Evaluator!
Your strategy looks nice and deserve more attention i think.
Will try this at Monday.
Your strategy looks nice and deserve more attention i think.
Will try this at Monday.
- #127
- Sep 23, 2011 5:10am Sep 23, 2011 5:10am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
Hello, you could have taken this trade today.
Entry green, TP blue
We all know that Cycle ist a repainting indicator, BUT you can wait for confirmation. Here in this trade you know that the spike was earlier. If you see a spike and then wait one candle you can ride longer the trend.
This was a +48,1pips trade
Sorry for my terrible english. Hope you understand what I mean
Entry green, TP blue
We all know that Cycle ist a repainting indicator, BUT you can wait for confirmation. Here in this trade you know that the spike was earlier. If you see a spike and then wait one candle you can ride longer the trend.
This was a +48,1pips trade
Sorry for my terrible english. Hope you understand what I mean
- #134
- Sep 23, 2011 7:10am Sep 23, 2011 7:10am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Hi,
I saw someone calling for live trades. Well here is one, but as I am trading the 1min charts you have to do it with hindsigth. I am focussing on the trade rather then focussing on get the trade published at once. Anyway, took a long in the eu using the extreme. Yes I use other indy's in combination with the extreme. I don't see why not, that's the way I trade and the extreme has great potential with it, which doesn't mean that I don't like the template and indy's from evaluator.
You can see I didn't wait for the supertrend, well that's some...
Thanks for the feedback and charts. I am not so sure I would trade in the 1min timeframe. Sound too risky for me, I like more conservative approach. I would assume the repaints can really make it confusing. Also, I see you are using the SEFC Cycle Trader as a complement for confirmation with your other trading methods and I think that's great!
The SEFC Cycle Trader system was designed to be a stand alone system for trading but by your graphs you really get into Chartology.
Please use as you feel most comfortable.As to trading in 1min, you may want to replace the trend indicator with the signal line indicator that I have attached to this post. It is more sensitive to change and will show directional changes faster and may work better in your shorter timeframes. (Beware: it does give more false trend direction changes because it is more sensitive to whipsaws!!!!)
I do not use this indicator because it tends to give more false signals (directional changes) that can make it tricky and for the SEFC Cycle Trader system. The reason I choose the trendline indicator that I use is because I was looking for a trend indicator that was more stable and less sensitive to whipsaw action in marking more reliable to guage directional changes. Therefore, I use the trendline indicator from post#1.
Anyway, good luck and again thanks for the feedback and charts.
Hello, you could have taken this trade today.
Entry green, TP blue
We all know that Cycle ist a repainting indicator, BUT you can wait for confirmation. Here in this trade you know that the spike was earlier. If you see a spike and then wait one candle you can ride longer the trend.
This was a +48,1pips trade
Sorry for my terrible english. Hope you understand what I mean
For better understanding: white line = spike, so you can understand my entry
Thank you Evaluator for this startegy
Regards
- #137
- Sep 23, 2011 7:19am Sep 23, 2011 7:19am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Hey Evaluator!
Your strategy looks nice and deserve more attention i think.
Will try this at Monday.
Thanks you for your comment. I hope you enjoy and happy trading.
eval.
- #138
- Sep 23, 2011 7:20am Sep 23, 2011 7:20am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Thanks for the system Evaluator.
I am still testing something I saw in the system.
So far your system looks very promising.
I will post in results after my test........give me about 2-weeks.
Anyway, I will pop in once in a while and throw in some contributions.
so far so good
You are quite welcome. Enjoy trading the SEFC Cycle Trader System.
eval.
- #140
- Sep 23, 2011 7:29am Sep 23, 2011 7:29am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
I really like this system. Haven't had the chance to test it properly, will try to do so next week. Indi's are repainting but on first sight it is no major problem when all 4 indicators are aligned.
Thanks for the good work Evaluator!
Yes you are correct one of the indicators DOES repaint. I believe I stated that in post#1 and also many other posts. Do not judge the system based on one indicators as many seem to want to do. This is a 4 pronged system where each indicator reinforces the other for a more accurate identification of profitable entry and exit point for your trading orders.
Just follow the posts and strategy of the system and I think you will see more profitable trades and your account balance grow.
May I suggest paying special attention to posts #1, #3, #46, #55, #70, and #111. This should clear up any immediate questions on indicators, strategy, input settings, and entry-exit strategy.
Happy Trading.
eval