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TASAYC System

  • #921
  • Dec 27, 2011 12:21pm Dec 27, 2011 12:21pm
Very interesting system!! Thanks for sharing.
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  • #922
  • Dec 27, 2011 12:35pm Dec 27, 2011 12:35pm
More testing on this slow day, but still using REAL money account...

My indicator found an "Extreme Hook" on the AUDUSD on the 1-min chart. That was cool, but then a few minutes later on the 5-min, then later on the 15-min. That's when I took a closer look and found a nice divergence occurring. And then the 30-min hook alarm went off.

Attached are two charts. One of the AUDUSD 5-min right after I placed my second (1/10), as things were "textbook." The second, is just before my trades reached TP.

This "Extreme Hook" idea just gave me an idea on an indicator just for the "Extreme Hook." So, I can place the EH indicator on 1 chart, but give me a status of several, or a dozen symbols and all timeframes, from one chart. Then, just switch to the appropriate currency pair for further analysis. This Extreme Hook seems to be a pre-cursor to what we want to see as CCI divergence traders.

This set of AUDUSD trades totaled 13-pips for about 45-min of trade time.

...continuing to test.

Carl
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD-5-Pre.jpg Size: 335 KB
Click to Enlarge Name: AUDUSD-5-Post.jpg Size: 326 KB
  • #923
  • Edited 1:29pm Dec 27, 2011 12:43pm | Edited 1:29pm
USDJPY, H4, 2011 December 27
USDJPY, Daily, 2011 December 27

Here I like to trade the H1 and look for a bigger view at the Daily and set some PO's if the price market would run down the H1 resistance.

Long @ 77.85, Target @ 78.15

PO Long @ 77.20

PO Long @ 76.80

PO Long @ 75.70
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPY, H4, 2011 December 27.jpg Size: 126 KB
Click to Enlarge Name: USDJPY, Daily, 2011 December 27.jpg Size: 116 KB
  • #924
  • Dec 27, 2011 12:56pm Dec 27, 2011 12:56pm
Quoting crodzilla
More testing on this slow day, but still using REAL money account...

My indicator found an "Extreme Hook" on the AUDUSD on the 1-min chart. That was cool, but then a few minutes later on the 5-min, then later on the 15-min. That's when I took a closer look and found a nice divergence occurring. And then the 30-min hook alarm went off.

Attached are two charts. One of the AUDUSD 5-min right after I placed my second (1/10), as things were "textbook." The second, is just before my trades reached TP.

This "Extreme Hook" idea just gave me...
See #925

Hello Carl
Great design!
Could you post all your indicators and templates in the attachment, so I can make a link at p.1, #1.
Think about it.
Best regards from Switzerland
FXcube
  • #925
  • Dec 27, 2011 1:28pm Dec 27, 2011 1:28pm
Quoting Forexcube
See #925

Hello Carl
Great design!
Could you post all your indicators and templates in the attachment, so I can make a link at p.1, #1.
Think about it.
Best regards from Switzerland
FXcube
Of course I will. I'm still finalizing the divergence indicator with CCp, and I'm working on the "Extreme Hook" indicator.

I'll post soon.

Carl
  • #926
  • Dec 27, 2011 1:39pm Dec 27, 2011 1:39pm
Quoting crodzilla
Of course I will. I'm still finalizing the divergence indicator with CCp, and I'm working on the "Extreme Hook" indicator.

I'll post soon.

Carl

Cordial thanks!
That's great stuff what you make here!
I'd like to say a big thank you to you!
Keep it up!
FXcube
  • #927
  • Dec 27, 2011 2:10pm Dec 27, 2011 2:10pm
EURUSD, M1, 2011 December 27
1-3 pips in this still market environment could be enough sometimes.
Profit: +160.-$
(1.6%)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2011 December 27.jpg Size: 136 KB
Click to Enlarge Name: Profit, 160.jpg Size: 124 KB
  • #928
  • Dec 27, 2011 2:23pm Dec 27, 2011 2:23pm
EURUSD, M5, 2011 December 27

Actual Trading Levels.

At the moment it seems to be the "B-Level"

Note:
Traders will be often strongly recommended not to trade outside the market hours. I don't think so!
There are aspects I make 70% of all the daily profit outside the trading hours.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2011 December 27.jpg Size: 181 KB
  • #929
  • Dec 27, 2011 4:10pm Dec 27, 2011 4:10pm
Trade Example
EURUSD, M5, 2011 December 28
00:01 - 01:01 GMT+1
1-3 pips in this still market environment could be enough sometimes.
Profit: +480.-$
(4.8%)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2011 December 27.jpg Size: 95 KB
Click to Enlarge Name: Profit, 480.jpg Size: 207 KB
  • #930
  • Edited 4:54pm Dec 27, 2011 4:19pm | Edited 4:54pm
10K-Account
Opening Day: 2011 December 22
Today
2011 December 28 (01:13 GMT+1)
Open Trades, Working Orders
Summary

Equity: 15'385.71$

Profit: 5'385.71$
(+50%)

Profit Trades: +178
Loss Trades: 0

Note:
"Open Trades" - "T/P" are only for financial orientation and could be modified at all hours (see also #934).
"Working Orders" are only alignment markers and could be changed every time (see also #934).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Open Trades, Working Trades, 2011 December 28, 01h13 GMT+1.jpg Size: 150 KB
Click to Enlarge Name: Summary, 2011 December 28, 01h13 GMT+1.jpg Size: 143 KB
  • #931
  • Dec 27, 2011 4:53pm Dec 27, 2011 4:53pm
Open Trades & Working Orders
Actual
2011 December 28
01:50 GMT+1
Attached Image (click to enlarge)
Click to Enlarge Name: Open Trades, Working Trades, 2011 December 28, 01h50 GMT+1.jpg Size: 158 KB
  • #932
  • Dec 27, 2011 9:25pm Dec 27, 2011 9:25pm
incredible - i'm with you - i understand how to make these quick wins. But, your open trades still will resist in your account, and their Lotsizes are big enough to generate big losses or wipe out the account - what are you doing when the market is awaking and volatility increases? When will you start hedging a position? You won't sit 24 hours a day to watch your trades - am i right? I would enter hedgetrades at the moment i leave the Tradingdesk and i would check the charts again when coming back for the next trading session. What is your preferred way to pause trading?

I've read your posts to LOM - so i think i understand how to act when sitting in front of the MT4-Desk. With enough experience the market will tell me when to close a trade or just to hedge it. It is like a Babouschka-Strategy - start with the 1-min-Chart and go to the next higher level when S&R-Levels where broken - recover the Trades on higher levels or wait for rebound. I hope i'm correct - otherwise i should read all posts again or ask politely for the next lesson on LOM.

So, if i'm right i just ask politely for the exam - how to deal when not sitting in front of my MT-4-Desk an watch my positions.

thx in advance - Rob
... never stop learning !
  • #933
  • Dec 28, 2011 3:17am Dec 28, 2011 3:17am
Quoting DjangoFX
incredible - i'm with you - i understand how to make these quick wins. But, your open trades still will resist in your account, and their Lotsizes are big enough to generate big losses or wipe out the account - what are you doing when the market is awaking and volatility increases? When will you start hedging a position? You won't sit 24 hours a day to watch your trades - am i right? I would enter hedgetrades at the moment i leave the Tradingdesk and i would check the charts again when coming back for the next trading session. What is your preferred...
See #935

Hi DjangoFX
I give here some example of my trading style, not how other traders should trade. You have to modulate these marvellous concept ideas at your risk tolerance. I have said it so often here at this board. If you don't sit in front of the monitor maybe you have to minimize the risk!, ...e.g. placing hedging levels and/or minimize the lot sizes or don't trade in these moments! These answers you could really give yourself, aren't it! So I don't understand your criticism.
Kindest regards
FXcube
  • #934
  • Dec 28, 2011 3:24am Dec 28, 2011 3:24am
Quoting DjangoFX
...It is like a Babouschka-Strategy - start with the 1-min-Chart and go to the next higher level when S&R-Levels where broken - recover the Trades on higher levels or wait for rebound. I hope i'm correct - otherwise i should read all posts again or ask politely for the next lesson on LOM....thx in advance - Rob
See #935

You have to make a Multiple Time Frame Analysis before setting the entry orders at the lower time frame(s). After this you've done you could use LOM.
Right!
Kindest regards
FXcube
  • #935
  • Dec 28, 2011 4:05am Dec 28, 2011 4:05am
good to see you back!
lets drain the banks dry.
im trying LOM on my cci system( CCi % PA S/R only)
im going to have more charting time to practice it
learn to apply it in all different market conditions
  • #936
  • Dec 28, 2011 4:38am Dec 28, 2011 4:38am
.. don't read between the lines and search for criticism - there was no critic meant - i only tried to resume for myself. So let's put aside that emotional frame and use another one (should work, you are a psychologist). I#ve really appreciated that thread so far. I by myself trade several systems with hedging components too - but i am using my own progged EAs.

Thx for your answer, you gave me the confirmation that i'm on the right way. I think i've understood what you meant. Everybody is trading on his own risk and i will handle that risk appropriately by my own 'feelings'.

thx Rob
... never stop learning !
  • #937
  • Edited 6:45am Dec 28, 2011 6:16am | Edited 6:45am
Quoting DjangoFX
.. don't read between the lines and search for criticism - there was no critic meant - i only tried to resume for myself. So let's put aside that emotional frame and use another one (should work, you are a psychologist). I#ve really appreciated that thread so far. I by myself trade several systems with hedging components too - but i am using my own progged EAs.

Thx for your answer, you gave me the confirmation that i'm on the right way. I think i've understood what you meant. Everybody is trading on his own risk and i will handle that risk appropriately...
Hi Rob
I like partners here at board who gives examples how they would trade in his way the CCI and LOM context possibly even in conjunction with other preferred indicators. Maybe you could give some examples of your trading and the community here could participate upon your productive ideas.
Best regards from Switzerland
FXcube
  • #938
  • Edited 6:45am Dec 28, 2011 6:18am | Edited 6:45am
EURCHF, M5, 2011 December 28
EURCHF, H1, 2011 December 28
See also #942.

Long @ 1.2186 (8/10)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCHF, M5, 2011 December 28.jpg Size: 93 KB
Click to Enlarge Name: EURCHF, H1, 2011 December 28.jpg Size: 93 KB
  • #939
  • Edited 6:47am Dec 28, 2011 6:18am | Edited 6:47am
EURCHF, H4, 2011 December 28
EURCHF, Daily, 2011 December 28
See also #941, #946.

Long @ 1.2185 (2/10)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCHF, H4, 2011 December 28.jpg Size: 97 KB
Click to Enlarge Name: EURCHF, Daily, 2011 December 28.jpg Size: 96 KB
  • #940
  • Edited 7:01am Dec 28, 2011 6:24am | Edited 7:01am
EURCHF, M1, 2011 December 28
See #941

Exit @ 1.2189/90/91

Profit: +300.05$
(3%)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCHF, M1, 2011 December 28.jpg Size: 70 KB
Click to Enlarge Name: Profit, Scalping Trades, EURCHF, M1, 2011 December 28.jpg Size: 68 KB
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