well, this was a looser -50 Pips
jusiur,
Thank you for your question. Currently here are my favorites pairs;
EURUSD, GBPUSD, EURGBP, USDCAD, EURCAD, EURNOK, USDNOK
Here are ones that I like to trade but because of Central Bank Intervention, I am currently staying away from....but one the Central banks stop ithreatening ntervention I will return to trading;
USDJPY, EURCHF, USDCHF, EURJPY, GBPJPY
If I feel adventerous I like these pairs but the downside is they have heavy swap so overnight they become expensive.
AUDUSD, NZDUSD, EURAUD, EURNZD
eval
Hi Eval...
I was under the impression that you just traded EU. So are your amazing results from trading the pairs listed above and not just EU?
Danke
I believe the question was what are my favorite pairs and what pairs do I like to trade. Therefore, I answered.
As to this thread and the account I post results. I am ONLY using EURUSD to trade..
eval.
Hello. Been testing this interesting system. Has anyone checked the /experts/log file? I get a recurring warning in the log file that states that "Symphonie Sentiment Indikator calculation time is 0.2 seconds". The warning repeats and causes the log file to grow very large. 0.2 seconds is a lot of time on my big core4 processor.
I have resisted posting to this thread because I do not want to be critical. But the indicators used in this solution are for crap. Two of them repaint on all timeframes. The repainting gets worse the higher the...
(see post#1, #3,15, on and on and on and etc... ) The point is that the system WORKS. (my order posts and account stats prove it! plus many many others who have posted success in trading this system)
If you think all cycle indicators repaint, read John Ehlers book "Cybernetic Analysis for Stocks and Futures". There are several cycle indicators in there, and non of them repaint. This indicator repaints because it is trying to pick tops and bottoms. Just like Semafor. I see all the newbies flocking to this thread and they are going to get creamed when this market moves into consolidation.
This is my last post.
Good trading!
''Yes, you are correct!!! If you re-read my intro you would have noticed I said there were repainting in the indicators. But this system is based on 4 indicators not 1 or 2 or even 3 it must be all 4.
Two of the indicators are lagging indicators which means they are backward looking and in the lower timeframes they will repaint. That is why all 4 indicators must be in alignment in their direction before you initiate any order. In the higher timeframes; (1hr and higher) there is little or no repaints because...
''No. it is a combination of 4 indicators where each indicator represents different segments of market price action. (trend, momentum (long and short), and sentiment).
Think of it as walking down the street. The Road is the trend, the wind is the momentum, the leaves swirling around is another form of sentiment, and the road intersection you reach is the extreme points.
Those 4 will determine which way the price action is headed (up or down).
I hope this is understandable to you if not, just ask more questions and I will try to answer...
''That is CORRECT! The spikes with color bars in them blue for up pink/red for down are the extreme points you want to pay attention to. At those points, the indicator is telling you that a top or bottom maybe forming and to begin looking for the other 3 indicators to give you confirmation of a trend change.
When all 4 indicators line up, at the close, of that candlestick you make your order. (I use a 50pip stoploss with each order)''
''Just a word:
Please remember that this is a total system and do not get hung up on watching just one of the indicators. All 4 indicators work together like a symphony to make music. Alone they are weak but when put together they are complete and make beautiful music.
So, here is the way I view and use the 4 indicators:
First (cycle indicator) is the Extreme indicator that looks like a heartbeat. This tells you when price action has reached an extreme and the overall movement MAYBE ending and about to change direction. It can also help...
''Yes, the extreme points will repaint because the market keeps reaching new extremes. That is why I stated in Post #55 that the Cycle Indicator indicates extreme point in the market is prone to repaint because the market is making one last gasp before reversing. If you have been a forex trader for a while you would know that the market always makes another push before collapse or rally....it happens all the time. The market pushes to one more extreme then recoils or retraces. It is just the nature of the market. That is why taken alone...
