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Attachments: TASAYC System
Exit Attachments

TASAYC System

  • #801
  • Dec 15, 2011 3:13am Dec 15, 2011 3:13am
Cannot trade Friday - Public holiday here.

Report for this week - 4 days.

Using this system trading on 1min + 5min charts and using 15min +30min for div.

I only trade from FO-1 till LO+2.

Max 4 trades per session.

Gain + 15%

Thanks FC.

  • #802
  • Dec 15, 2011 3:28am Dec 15, 2011 3:28am
Quoting crodzilla
Ok, this indicator is getting quite complicated, but it has helped me see what ForexCube sees. So, hopefully this will help others as well.

My Personal Addition:
I have added the triangularMA code into this indicator to better see where tops & bottoms may occur. Another nice feature is it also tells you which timeframe is in a range as well. I'll post some pics following this.

Many changes and additions. Read the header of the code for the summary.
-Added option to lookback further (peaks/troughs) in cci for divergences, up to 3 levels....

Hi Carl

I use this brilliant indi for my alerts on 5,15 and 30min.

Will it be possible to take the writting of the screen and only keep alert arrows ?

When I have 4 charts open the writting is to much on screen and I only need the arrows to give me heads up.

Thanks mate.

  • #803
  • Dec 15, 2011 6:23am Dec 15, 2011 6:23am
Quoting astock
@ sandovich
@ forexcube

i had the same problem, enter the trade but got stopped out at 1.2972, also i was scared, because in all timefrimes showed a strong downtrend.

@ forexcube - i was reading about the "lom" can you please finish this topic??

regards

See #803

Hi astock
Please bear with me. I will explain "LOM" step by step. I also can't finished it yet, presently. It needs more time to explain basics at first and then the advanced concept. Moreover I have to wait of orders at first which are running in a loss zone and then I can display how might be to manage in practice.

I refuse to be rushed!

Kindest regards
FXcube
  • #804
  • Dec 15, 2011 6:25am Dec 15, 2011 6:25am
Quoting matlobien
I like that you show the trades.

Now I know how your mind works.

Brilliant, thanks.

Thank's!
FXcube
  • #805
  • Dec 15, 2011 6:26am Dec 15, 2011 6:26am
Quoting matlobien
Cannot trade Friday - Public holiday here.

Report for this week - 4 days.

Using this system trading on 1min + 5min charts and using 15min +30min for div.

I only trade from FO-1 till LO+2.

Max 4 trades per session.

Gain + 15%

Thanks FC.

Marvellous!
  • #806
  • Dec 15, 2011 7:03am Dec 15, 2011 7:03am
hi forexcube,
no problem, take your time - dont wanna push you

see it as a soft reminder

i thought you forgot about the topic

regards
  • #807
  • Edited 5:32pm Dec 15, 2011 3:44pm | Edited 5:32pm
Trade Example - Scalping Trades
EURUSD, M1, 2011 December 15

Trading the little pips differences at CCI-Top-&-Bottom in a market environment after London have closed.

Trading Session
21:51 - 22:32 GMT +1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2011 December 15.jpg Size: 136 KB
Click to Enlarge Name: Trade Example, Closed Trades,M1, 2011 December 15.jpg Size: 473 KB
  • #808
  • Edited 5:32pm Dec 15, 2011 4:00pm | Edited 5:32pm
Trade Example - Scalping Trades
EURUSD, M1, 2011 December 15

Trading the little pips differences at CCI-Top-&-Bottom in a market environment after London have closed.

Trading Session
22:47 - 22:53 GMT +1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2011 December 15.jpg Size: 70 KB
Click to Enlarge Name: Trade Example, Closed Trades,M1, 2011 December 15.jpg Size: 177 KB
  • #809
  • Edited 5:01pm Dec 15, 2011 4:00pm | Edited 5:01pm
LOM
Loss Order Management

Ratio 1:10

Initial Situation
Open Minus Orders is an absolutely normal status quo, if you trade at the forex market.
The question is: How much could an account absorb a depth?
Here you see an example of a 250K Account with a target about 1% a Day, say 2'500.-$ per Day when you trade.
If you trade 4 days a week then it's your job to make a profit about 1'000.-$ per week.

Next Step:
The Loss Order Management Concept is based on a ratio which depends how much you earn per day at an average.
If I make 1% per day and beyond that +5% (Total 6%), so I can have much more money of all open orders into the minus.
15'000.-$ minus 2'500.-$ = 12'500.-$ . When I trade conservative, most of the time when I start a new account, then it could be a landmark for me. But that's not the end off the story.


Higher Risk Account
I love also to trade with higher risk at another account. Here I make a cash method of accounting.
E.g. We are talking about a 100K Account.
Say if I earn per day 5'000.-$ I could manage open orders in the minus about 50'000.-$.
Oh yes you are reading correct! Ten times as much!
Why!
Because after 10 days you have earn 50'000.-$ so it should be easy to manage your Loss Orders around 50'000.$
At this account my target could be also 1% per day, the same value as the conservative well-conducted account, with the variation that here I should trade with higher risk.
Attached Image (click to enlarge)
Click to Enlarge Name: Open Trades, 2011 December 15.jpg Size: 89 KB
  • #810
  • Edited 5:37pm Dec 15, 2011 4:34pm | Edited 5:37pm
LOM
Loss Order Management

Ratio 1:10

Open Trades
2011 December 15, 23:32 GMT+1

Closed Trades
2011 December 2015
see attachment (*.pdf).

Example 1
Today I have make 55'038.33$ with an 250K Account. If my target is 1% per day so I could mange open orders in the minus till maximum 55'000.-$ - 2'500.-$ say 52'500.-$. (we don't count the 38.33$ just now).
Thats my calculation of Loss Order Mangement.
Why can I do this in this way? Because I have earn too much than I expected.
Now, I don't possibly make so much money every day! So we come to the next example.


Example 2
If I make 10'000.-$ per day on average with an 250K Account, after 10 days I have make a profit about 100'000.-$ minus the 1% per day (-10'000.-$) so it's allowed to manage a loss order portfolio about - 90'000.-$ maximum after 10 trading days.
I think 95%-98% of these open minus trades will running back in the win zone sooner or later. If not I don't have make an excellent market analysis before.

Forget the bullsh*t like:
"If you want to be a trader who simply makes 1 times risk on each trade, you have to win 66% of time with a risk reward of 1:1, 50% of the time with a 1:2 risk reward, and with a 1:3 risk reward your winning percentage can be as low as 33% to make a 1R profit".
Why? You don't have at every trade the same standard market conditions (different momentum & varied volatility)! There are also market opportunities where you go in the market with more lots, and there are other market environments where you go short in and short out only for several pips (see the attachment), and so on.

You have to analyse how much profit you make per day on the average and a part of this you put away for your Loss Order Management (LOM).

Kindest regards
FXcube
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Open Trades, 2011 December 15, 23h32.jpg Size: 107 KB
Click to Enlarge Name: Closed Trades, 2011 December 15.jpg Size: 315 KB
Attached File(s)
File Type: pdf 250K Account - 2011 December 15.pdf   94 KB | 577 downloads
  • #811
  • Edited 5:29pm Dec 15, 2011 5:04pm | Edited 5:29pm
LOM
Loss Order Management

Compensation with other trades.

The open orders in the minus (e.g. EURUSD 5 Lots -1'485.-$) you could counterbalance with other trades at the forex market, e.g. scalping trades, see #810, #811, #815, after your daily profit target (e.g. 1%) is reached.
Attached Image (click to enlarge)
Click to Enlarge Name: Open Trades, 2011 December 15, 23h32.jpg Size: 107 KB
  • #812
  • Dec 15, 2011 5:28pm Dec 15, 2011 5:28pm
Trade Example - Scalping Trades
EURUSD, M1, 2011 December 15

Trading the little pips differences at CCI-Top-&-Bottom in a market environment after New York has closed.

Trading Session
22:54 - 23:25 GMT +1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2011 December 15.jpg Size: 96 KB
Click to Enlarge Name: Trade Example, Closed Trades,M1, 2011 December 15, 22h54-23h25.jpg Size: 254 KB
  • #813
  • Dec 15, 2011 8:26pm Dec 15, 2011 8:26pm
hi forexcube,

thanks a lot for LOM - thats great stuff

i apreciate a lot

regards

  • #814
  • Dec 15, 2011 8:29pm Dec 15, 2011 8:29pm
Quoting Forexcube
Trade Example - Scalping Trades
EURUSD, M1, 2011 December 15

Trading the little pips differences at CCI-Top-&-Bottom in a market environment after London have closed.

Trading Session
22:47 - 22:53 GMT +1

forexcube,

please let me understand, why you put the exit there and not at 1.3045, because there is a support line.

regards
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-12-16_exit.jpg Size: 53 KB
  • #815
  • Dec 16, 2011 2:14am Dec 16, 2011 2:14am
Quoting Forexcube
Trade Example - Scalping Trades
EURUSD, M1, 2011 December 15

Trading the little pips differences at CCI-Top-&-Bottom in a market environment after New York has closed.

Trading Session
22:54 - 23:25 GMT +1
Hi forexcube,

i have an other question for your entry, take a look please.

regards
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-12-16_long.jpg Size: 70 KB
  • #816
  • Dec 16, 2011 2:38am Dec 16, 2011 2:38am
Quoting astock
Hi forexcube,

i have an other question for your entry, take a look please.

regards
See #818

The first CCI-Bottom under 100, if you trade more "buck-wild".
Conservative traders could wait till the next CCI Bottom, but you didn't know in advance.
I trade with 1/10 orders and so I can go easier in the market at different price levels (at different CCI soil formations).
FXcube
  • #817
  • Dec 16, 2011 2:42am Dec 16, 2011 2:42am
Quoting astock
forexcube,

please let me understand, why you put the exit there and not at 1.3045, because there is a support line.

regards
See #817


Others Shorts were still in the market. With a part of it I've decide to go out of the market as as soon as possible. That's my trading style. You could go in the market with some trades and let it more run in the win. Why not? Try it! I was in the market with a of of trades if you compare the *.pdf file in the attachment #813. I don't have draw every closed trade into the chart.
FXcube
  • #818
  • Edited 5:49pm Dec 16, 2011 2:47am | Edited 5:49pm
LOM
Loss Order Management

Compensation with other Trades.

Trade Example - Life

18'853.- $./. 2'500.-$ (1% Target - daily profit) = 16'353.-$.
Open Trades 7'891.06.
A lot of this negative Saldo were counterbalanced with shorter trades.

The Maximum of Deficit which I could afford it is ten times as much as the win. My ratio is 1:10 with my trading style. You have to work out your ratio which fits the best for you, maybe it's 1:3, maybe 1:7. I don't know!
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: Ratio 1_10.jpg Size: 209 KB
  • #819
  • Edited 4:31am Dec 16, 2011 3:43am | Edited 4:31am
Forexcube

i know im not Mathematics Nobel Prize but i have a question :
when you write : 18'853.- $./. 2'500.-$ (1% Target - daily profit) = 16'353.-$.
could you explain the calculation process ?

18853/2500=7.54 how to find 16353 or is it 18853 ??

thank's , or may be i need to go back to primary school .....

Landsat
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #820
  • Dec 16, 2011 6:10am Dec 16, 2011 6:10am
Quoting landsat
Forexcube

i know im not Mathematics Nobel Prize but i have a question :
when you write : 18'853.- $./. 2'500.-$ (1% Target - daily profit) = 16'353.-$.
could you explain the calculation process ?

18853/2500=7.54 how to find 16353 or is it 18853 ??

thank's , or may be i need to go back to primary school .....

Landsat
hi landsat, i am also not so good in maths, but i think he means 1% from 250.000 ( basic capital ) = 2.500
regards
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