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Trading Made Simple EA by Guess Whom

  • #1,961
  • Oct 30, 2011 9:36pm Oct 30, 2011 9:36pm
Quoting Invisible
@ acostafulano I notice your MyFXBook account just took a hit...Invisible
Our friends at the BOJ decided to intervene for the third time to weaken the YEN, hence to temporary spikes.
Kind Regards
  • #1,962
  • Oct 30, 2011 9:44pm Oct 30, 2011 9:44pm
Quoting Invisible
@ acostafulano

I notice your MyFXBook account just took a hit. I wonder if it was due to a gap at the start of the trading week giving a "false" signal?

I had something similar happen when I was running another set on a 24/5 basis. I guess even if we have it set to 24H trading, it is still best to wait a few hours after market open on Sunday to make sure any gaps don't catch us out.

I love demos!

Invisible
Hi Invisible.

Indeed, my demos got hammered, I'm on the process of setting up fresh demos with a trend filter on... And yes, I know trading hours are not optimal but I think that's the purpose of demos... push them to limits! O_O

I'll upload them asap for all you to track
  • #1,963
  • Oct 30, 2011 10:16pm Oct 30, 2011 10:16pm
You are certainly right about the benefits of demos for "destruction testing". I am still impressed with how this one is going. I would not be surprised if it made it up a bit during London.

I would be interested to see this one keep going, if you have not deleted it yet.

( I have mine running from just before London open to mid-NY session, so it is interesting to see how the 24/5 set up fairs.)

Cheers

Invisible
  • #1,964
  • Oct 30, 2011 11:36pm Oct 30, 2011 11:36pm
today... I checked the news expectations for this week and damn.... I inmediately said, sell.

I didn't mind if the BoJ was going to intervene or something... I just knew that it was a sure sell.

Why?

Profit taking

Why would people want to take profits if everybody expects the ECB to keep on "helping" to boost the economy?

Because it's almost the end of the month, and this is the most important and volatile week of the month... we got 14 high impact news releases coming out this week with poor or unchanged expectations:

 

  1. Mon October 31, 2011 – 8:30am EST - CA GDP m/m
  2. Mon October 31, 2011 – 11:30pm EST – AU RBA Interest Rate
  3. Tue November 1, 2011 – 5:30am EST – UK Manufacturing PMI & Prelim GDP q/q
  4. Tue November 1, 2011 – 10:00am EST – US ISM Manufacturing PMI
  5. Wed November 2, 2011 – 8:15am EST – US ADP NFP
  6. Wed November 2, 2011 – 12:30pm EST – US FOMC Statement
  7. Wed Novemebr 2, 2011 – 2:15pm EST – US FOMC Press Conference
  8. Wed November 2, 2011 – 8:30pm EST – AU Retail Sales
  9. Thu November 3, 2011 – 5:30am EST – UK Services PMI
  10. Thu November 3, 2011 – 8:45am EST – EU ECB Interest Rate
  11. Thu November 3, 2011 – 9:30am EST – EU Press Conference
  12. Thu November 3, 2011 – 10:00am EST – US ISM Manufacturing PMI ** (we may skip this trade)
  13. Fri November 4, 2011 – 7:00am EST – CA Employment Change
  14. Fri November 4, 2011 – 8:30am EST – US Nonfarm Payroll Change

Nobody wants to be gambling their money while knowing there are no longer BETTER expectations (because the markets look up to the future).

Okay...

and after the BoJ intervention, we don't want to counter trend right?

so... GBPJPY and EURJPY, only long, zone= 50, as usual... and EURUSD and GBPUSD, only short, zone= 50, as usual.

In the picture, I show what could be tomorrow's scenario... basically, what I'm expecting. I normally don't trade the market cycle on sundays..

But I think this is a sure sell for today, and ranging from tomorrow.

Any news can make me change my point of view since I'm talking about the short, short-term sentiment.

Pbh

EDIT: In the pic below, I say I think it can go to 1.3940 before the london open... I got confused, it's the US open.

Attached Image (click to enlarge)
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  • #1,965
  • Oct 31, 2011 7:22am Oct 31, 2011 7:22am
so... EURUSD hold, but JPY strenghtened again , nice...

be checking around 9:30 EST to jump in a contrarian trade...

If the market is coming down or ranging, buy the GBPJPY and if you are up 50-100 pips by the end of the London session (11:30 EST), I would close 100% at 12:30 EST.

Hope this circumstance presents

Pbh
Attached Image (click to enlarge)
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  • #1,966
  • Oct 31, 2011 7:46am Oct 31, 2011 7:46am
Quoting Pbh
EDIT: In the pic below, I say I think it can go to 1.3940 before the london open... I got confused, it's the US open.
Damn, I'm so accurate
Attached Image (click to enlarge)
Click to Enlarge Name: bum4.jpg Size: 87 KB
  • #1,967
  • Oct 31, 2011 8:05am Oct 31, 2011 8:05am
PBH Hello, could you please have a valid structure (file set) for H4 V19 with TMS.
Currently due to lack of time I would try 4h, I tried to assemble a file set, but did not succeed .. I hope not to bother too much, thank you.
However slowly, slowly I am learning, I am still a small trader, but with your great teachings even I'll get to your destination
  • #1,968
  • Oct 31, 2011 9:05am Oct 31, 2011 9:05am
  •  joet
  • | Joined Sep 2009 | Status: Once the kid, now the Senior | 42 Posts
Hi,

Damn, You are good.

Joet
  • #1,969
  • Oct 31, 2011 10:32am Oct 31, 2011 10:32am
Here is what took place on my live account last night, 9 trades, 8 winners and 1 loser. I still need some work on the stop loss to get it a little tighter as the loss is too big, still a winning night though.
I have also included a zip file with the set file and Version 19 and the latest Docs.

Edit: Be sure to change the time settings in the set file, they are now set to CST trade session times.

Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: TMS(19)_H1_Scalp_2.gif Size: 36 KB



Screen shot at time trade was taken
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHF10-31---8-0.jpg Size: 145 KB


Screen shot of results of bad trade
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf(19)_h1_loss.gif Size: 50 KB


Attached File(s)
File Type: zip TMS_Scalp.zip   1.5 MB | 1,506 downloads
  • #1,970
  • Edited 2:49pm Oct 31, 2011 12:45pm | Edited 2:49pm
My set file for seller9's H1 scalper altered slightly on my demo. Among other things, 1.5 TPmultiplier, turned on the jump stop loss settings to true, although I don't really understand what it's for. Setfile attached.

Oops, I meant SLmultiplier (not TPmultiplier) changed to 1.5. Will try reducing it further to 1.3 or even 1.0 and see how it goes.

Too bad the scalper was not turned on before the BOJ intervention. Started chasing EJ at first (2 wins) then put on the scalper (8 wins, 1 large loss).
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2011-10-31 at 10.28.53 AM.png Size: 83 KB
Attached File(s)
File Type: txt @h1_tms_scalper.set.txt   4 KB | 603 downloads
  • #1,971
  • Oct 31, 2011 3:01pm Oct 31, 2011 3:01pm
Quoting joet
Hi,

Damn, You are good.

Joet
OK.. looks like I didn't have to hedge at all

so.. shorts, might be more than good, right?

I made 210 pips by buying GBPJPY today.. based on the 15min setfile
So.. It was a trending day.. great , still in the profits

Pbh
Attached Image (click to enlarge)
Click to Enlarge Name: bum4.jpg Size: 82 KB
  • #1,972
  • Oct 31, 2011 3:10pm Oct 31, 2011 3:10pm
Quoting caravan
PBH Hello, could you please have a valid structure (file set) for H4 V19 with TMS.
Currently due to lack of time I would try 4h, I tried to assemble a file set, but did not succeed .. I hope not to bother too much, thank you.
However slowly, slowly I am learning, I am still a small trader, but with your great teachings even I'll get to your destination
well, I use the TMS-10 EA for that, BECAUSE, the main idea of the strategy is there... not lots of settings and options that don't have to do with the principal strategy at all... It's highly coded to work on 4H charts, so you can change the TF and it won't make any difference.

Of course I still trade it fundamentally, I get around 2, 3 entries a month for three pairs, and that's around 1000-2000 pips. That's called mid-term sentiment trading with the TMS

I attached a template* that includes my settings, a picture of how it should look like, and the 10th version of the EA

Pbh
Attached Image (click to enlarge)
Click to Enlarge Name: bum4.jpg Size: 105 KB
Attached File(s)
File Type: tpl #tms_db.tpl   56 KB | 625 downloads
File Type: ex4 TMS_V10.ex4   99 KB | 672 downloads
  • #1,973
  • Oct 31, 2011 3:51pm Oct 31, 2011 3:51pm
Thanks PBH, I only use TF 4H EUR / USD, nothing else. I also go well.
Thanks again
  • #1,974
  • Edited 10:26pm Oct 31, 2011 10:14pm | Edited 10:26pm
heres todays results, please note i have 5 different settings running, so it's 1 setup for 2 pairs and 1 on Futures (EPZ1) that im still tweaking


Forex total +86 pips overall (man i don't know why it was set to 05 lots on GBP pairs lol)
ES +8 points (one big 20 pts profit with - 12 pts of little losses)



@ seller9 if a message of what triggered the order to open Buy or Short that would be a good addition just like when it CLOSES a position it says the reason, basically it would be the last trigger signal, i know i mentionned it before but IMO this would be really usefull for tweaking settings and finding the right tweaks to get more pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: fx31.jpg Size: 84 KB
Click to Enlarge Name: ES31.jpg Size: 83 KB
Don't forget Practice + Patience + Persistence = Profits
  • #1,975
  • Oct 31, 2011 10:55pm Oct 31, 2011 10:55pm
Quoting Pbh
well, I use the TMS-10 EA for that, BECAUSE, the main idea of the strategy is there... not lots of settings and options that don't have to do with the principal strategy at all... It's highly coded to work on 4H charts, so you can change the TF and it won't make any difference.

Of course I still trade it fundamentally, I get around 2, 3 entries a month for three pairs, and that's around 1000-2000 pips. That's called mid-term sentiment trading with the TMS

I attached a template* that includes my settings, a picture of how it should look like,...
Good Job PBH
Don't forget Practice + Patience + Persistence = Profits
  • #1,976
  • Oct 31, 2011 11:16pm Oct 31, 2011 11:16pm
nice results maxzeus... hope you will give us a treat and post those setfiles at some point

i like the small losses you have on the pairs...im trying all manner of H1 seller9 scalp files and their variations and cant seem to help but repeatedly incur large losses

any reason why the number of currency pairs are so limited? i presume its a time contstraint of optimizing settings for each pair...
  • #1,977
  • Oct 31, 2011 11:55pm Oct 31, 2011 11:55pm
Quoting blamshakk
any reason why the number of currency pairs are so limited? i presume its a time contstraint of optimizing settings for each pair...
I can answer that one... The whole market is defined by two types of risk (I'm sure you already heard of): Risk appetite (people buy high yield currencies, higher risks) and Risk aversion (people buy safe-haven currencies with low interest rates: USD, JPY, CHF(due to its economy).

So... if you are long on AUDUSD; AUDJPY, NZDUSD, NZDJPY, GBPUSD, GBPJPY, EURUSD, EURJPY, USDCAD, CADJPY.... expect them all to be bullish (except for the USDCAD).

So a 10 pips profit in each would make a whole 100 pips of profits... and a 10 pips loss each would make a whole 100 pips of loss.

Pbh
  • #1,978
  • Nov 1, 2011 12:50am Nov 1, 2011 12:50am
Okay....

copy from EurAnalysis thread:

I normally don't trade that much during the first week of the month due to mixed sentiments... Today we have around 3 important news coming out.

I already got my pips... news trading 50% =28 pips, 25% =52 pips and 25% is currently at +64.

I still think we could see a bit of a retracement at the asian close (2 am EST), considering the fact that we are sitting on a support area.

Pbh

that means, only news trading for the time being.... I'll check for possible longs later before the US open...
Attached Image(s) (click to enlarge)
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  • #1,979
  • Edited 2:03am Nov 1, 2011 1:42am | Edited 2:03am
  •  fivex
  • | Joined Sep 2011 | Status: This is the title that appears | 247 Posts
Quoting Pbh
well, I use the TMS-10 EA for that, BECAUSE, the main idea of the strategy is there... not lots of settings and options that don't have to do with the principal strategy at all... It's highly coded to work on 4H charts, so you can change the TF and it won't make any difference.

Of course I still trade it fundamentally, I get around 2, 3 entries a month for three pairs, and that's around 1000-2000 pips. That's called mid-term sentiment trading with the TMS

I attached a template* that includes my settings, a picture of how it should look like,...
Hello Sailor thanks for sharing, got a buy for E/A going and just wanted to say I love the T/P 501.32357, you think it will hit?
  • #1,980
  • Nov 1, 2011 5:30am Nov 1, 2011 5:30am
Last week , when everybody attacked me about telling truth. Also for me was given set files. So, I open Demo account and start trading. Today, week later from my $ 3000.00 are left $ 2068.00 and I am very sure will be today under $ 2000.00. Cheers, if that way to trade, then sooner or later Ending under bridge or poor house.
Also there are people, who works 2-3 jobs. I call them:" Market Feeders".
Usually people who can trade, trading and not go to work.
Again, somehow your set files don't make money for me, but sure make for you!
I have dream:" Say Martin Luther King"........ and " I did not, say " Clinton former USA president....".
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