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Attachments: Trading System by Num Trader
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Trading System by Num Trader

  • #1
  • First Post: Oct 28, 2011 2:51pm Oct 28, 2011 2:51pm
In this thread I invite you to take under consideration different aspects of the trading. For the 10 years of trading experience I have found some regularity of currency pairs behavior.
In my trading decisions I use Fibonacci levels (Fibo) and candlestick analysis. For Fibo I use: 23.6; 38.2; 50; 61.8; 76.4; 100; 123.6 and 161;8 levels.
Fibo helps me to identify the targets for the support and resistance leaves. Like here on the picture we see that the EURUSD touched 1.4218 that is the 23.6 retracement level of Down movement from 1.4546 to 1.3143.
http://www.forexfactory.com/attachme...1&d=1319831241
This is the first signal for searching sell position. Now I will wait until the price will go back to the 1.4246.
http://www.forexfactory.com/attachme...1&d=1319831241
If the EURUSD will go further up, than I will do nothing. But If EURUSD will go down I will definitely go short.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Pic1.jpg Size: 73 KB
Click to Enlarge Name: Pic2.jpg Size: 69 KB
  • #2
  • Nov 16, 2011 9:32am Nov 16, 2011 9:32am
Now we have one signal to set up the buy stop order at 1.3560. Exactly the above today hight and stop loss below to day hight. As in the attached Images below.
Attached Image (click to enlarge)
Click to Enlarge Name: EUUD BUY STOP 16.09.2011.jpg Size: 127 KB
  • #3
  • Edited 5:01pm Nov 18, 2011 4:44pm | Edited 5:01pm
Quoting BigSkinnyJoe
hi num,

i'm interested in seeing how this turns out for you. do you have any previous stats or anything that i can look at (just to verify your credibility)?
Sure, I have some to show. I have some Statements from different companies. Some of them was successful, some of them not. Currently I'm open account in PaxForex (you can google it you would like, sorry I don't want to put the link here, cause young lady "Calipso" might think that it would be some inappropriate)and showing real time trades.
  • #4
  • Nov 18, 2011 5:00pm Nov 18, 2011 5:00pm
Dear FF Members
My position opened at my buy stop order 1.3560, without any slippage. And now I have bought 0.1 lot (bought 10 000 EUR sold 13 560 USD) with stop loss at 1.3418.
In case If the market will go against me I will loss 142 USD.
On Monday I'm planing to set up another one buy stop at the 1.3623, above today hight 1.3613 (2011.11.18), with stop loss 1.3418 as the first one.
Attached Image (click to enlarge)
Click to Enlarge Name: PaxForex Acc buy 1.3560.jpg Size: 97 KB
  • #5
  • Nov 21, 2011 9:31am Nov 21, 2011 9:31am
hi Num , it looks interesting system, but can you give more clearly about your trading rules? thanks

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automated forex system trading
  • #6
  • Nov 22, 2011 5:18am Nov 22, 2011 5:18am
Quoting errich fx
hi Num , it looks interesting system, but can you give more clearly about your trading rules? thanks
Hi errich fx
I appreciate your interest to my forex trading strategy.
To be honest I do not have the rules in written. But I will post here time to time.
It will take some time to write them in simple.
  • #7
  • Nov 22, 2011 5:45am Nov 22, 2011 5:45am
I have placed buy stop order just 10 pips above last hight 1.36136 in PaxForex charts (The hight/low/open/close could be different from company to company, therefore I just take 10 pips above for EURUSD, it is enough to cover the market noise). With stop loss 1.3495.
Attached Image (click to enlarge)
Click to Enlarge Name: PaxForex Acc buy 1.3560_1.jpg Size: 106 KB
  • #8
  • Nov 23, 2011 4:52pm Nov 23, 2011 4:52pm
First shoot, I missed.
So it is forex market!
My position was closed by stop loss. 1.34180.
On the picture below you can see the enter point, Read arrow up (1.3560) and exit point (red cross 1.3418). The result -141.4 (-142+ 0.6 as SWAP).
Now lets wait another signal for buy.
Attached Image (click to enlarge)
Click to Enlarge Name: PaxForex Acc buy 1.3560_Close.jpg Size: 109 KB
  • #9
  • Nov 23, 2011 4:57pm Nov 23, 2011 4:57pm
One negative deal it is normal sacrifice for the millions in the future.
One of the rules just do not loss your head, and do not try to take back your funds from the market.
  • #10
  • Nov 24, 2011 10:42am Nov 24, 2011 10:42am
Quoting Num
One negative deal it is normal sacrifice for the millions in the future.
One of the rules just do not loss your head, and do not try to take back your funds from the market.

it seems it is just fibo trading to be honest.

if you have traded this system for years and dont have much profit to show for it, is it worth trading ?
  • #11
  • Nov 24, 2011 1:51pm Nov 24, 2011 1:51pm
Quoting whatfx
it seems it is just fibo trading to be honest.

if you have traded this system for years and dont have much profit to show for it, is it worth trading ?
There is not only fibo trading, also trading on support and resistance levels. Plus some experience in the market behaviour.
"Much profit" is very flexible definition :-)
  • #12
  • Dec 13, 2011 1:41pm Dec 13, 2011 1:41pm
Hello every one.
Again Market hows us new spot to make decisions.
Today EURUSD passed 1.3140. 10.04.11 minimum and our support level.
My action:
I sold EURUSD at 1.30862 with stop loss 1.3240 just above today maximum (according PaxForex charts).
And I put buy stop order at 1.3240.
Attached Image (click to enlarge)
Click to Enlarge Name: PaxForex Acc sell 1.3086.jpg Size: 95 KB
  • #13
  • Dec 14, 2011 6:18pm Dec 14, 2011 6:18pm
Move stop loss and buy stop to the 1.3070.
If the market will go up, my sell position will be close with 16 pips profit and buy stop will be execute.
Stop loss for Buy Stop order is 1.2940.
  • #14
  • Dec 16, 2011 7:00am Dec 16, 2011 7:00am
Position sell at 1.30862 was closed at 1.3070 with 16.2 pip profit.
Position buy at 1.3070 with stop loss at 1.2940 is open.

the current situation show us that the market doesn't want to go down.
Attached Image (click to enlarge)
Click to Enlarge Name: PaxForex Acc buy 1.3070.jpg Size: 77 KB
  • #15
  • Dec 16, 2011 9:46am Dec 16, 2011 9:46am
looks good
  • #16
  • May 17, 2012 9:23am May 17, 2012 9:23am
After Five months of waiting!!! I finally recover all my losses.
I have two positions:
Sell 0.1 EURUSD at 1.26427. Was opened 16.01.2012
Sell 0.1 EURUSD at 1.32234. Was opened 26.04.2012
Attached Image (click to enlarge)
Click to Enlarge Name: paxforex trading history 17.05.12.jpg Size: 166 KB
  • #17
  • May 20, 2012 8:33am May 20, 2012 8:33am
Quoting Num
After Five months of waiting!!! I finally recover all my losses.
I have two positions:
Sell 0.1 EURUSD at 1.26427. Was opened 16.01.2012
Sell 0.1 EURUSD at 1.32234. Was opened 26.04.2012
good to see you recovering from loss.
btw are you trading in live?
you must be a prof in holding loss for 5 months!
my 1st time to see such a loss recovery trade.
Trade As A Sniper
  • #18
  • May 20, 2012 5:28pm May 20, 2012 5:28pm
Quoting pama.fx
good to see you recovering from loss.
btw are you trading in live?
you must be a prof in holding loss for 5 months!
my 1st time to see such a loss recovery trade.
Not so a prof as I would like to be, but have big experience.

Yes it is live trading account, you can see on the picture :-)
  • #19
  • May 21, 2012 4:37am May 21, 2012 4:37am
I have put stop loss at 1.2868, for both trades.

The reason of this level is. The third prior day before the lowest price.
Attached Image (click to enlarge)
Click to Enlarge Name: paxforex trading stop loss 1.2868 .jpg Size: 127 KB
  • #20
  • May 28, 2012 3:29pm May 28, 2012 3:29pm
Just set up the s/l at 1.2690, Just above last Wednesday (23.05.12) high
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