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TASAYC System

  • #1,061
  • Jan 4, 2012 9:38am Jan 4, 2012 9:38am
Quoting kantor2000
LOM example:

Attachment
And how to "create" LOM for this system ?
Keep Simple...!
  • #1,062
  • Jan 4, 2012 9:39am Jan 4, 2012 9:39am
@crodzilla
@forexplex

thanks for the explanation and sorry for bothering.

i need to learn a lot, i am still on the basics.

regards

  • #1,063
  • Jan 4, 2012 9:43am Jan 4, 2012 9:43am
Dear friend, FOREXCUBE well expleined LOM in previous messages. He was very exhaustive. Please type LOM in "Google Search" at top of the page and you'll find all messages.http://www.forexfactory.com/images/icons/icon12.gif
  • #1,064
  • Jan 4, 2012 10:53am Jan 4, 2012 10:53am
Here is a real-time example of what I would consider a high probability short. I would now go to the 5-min and/or 1-min an only place short orders.

CCI is divergent. USD is weakening, and CHF is strengthening.

All you have to do is scan the grid and see the 3 bears. (that's catchy).
The weekly chart is also seeing "the 3 bears" plus a CCI extreme bearish hook.
About as sweet as it gets.

Carl
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF-30-Jan4.jpg Size: 345 KB
  • #1,065
  • Jan 4, 2012 10:57am Jan 4, 2012 10:57am
In the above post, that is the only alarm I want to hear...


Carl
  • #1,066
  • Jan 4, 2012 1:23pm Jan 4, 2012 1:23pm
Quoting Tools
Dear ForexCube,

I don't know if you have traded the EUR/USD recently, buf If you did, could you show me how did you deceided how long to stay in Short and when to change to long? I made many entries but the price was falling without stopping but for me the lower timeframes indicated a reverse.

I am realy intrested in your answer, of course, only if you have time for that!

Best Regards

Hello Tools,

maybe I help you out meanwhile :-)

Each system has it limitations. One has to acknowledge the situations, when the system does not work out like in other situations.

Imagine a very strong downmove, like you had experienced. Maybe a so called wave 3, the heart of an impulse wave.

When price goes lower and lower, we can see on lower TF's like 1 or 5 min every once in a while, that price tries to go up (at least a little bit). This creates divergences on lower TF's. But the downward pressure is so high, that the divergences do not build on higher TF's like 10, 15min or higher.

I call that behavior "momentum reloading".

There are several indicators that are suitable to make judgement about the force of the trend, like ADX, but since the technique in this thread works with CCI you can see exeptionel downward pressure in readings of above 200 in CCI 14.

So what can we do, when we want to try to counter trade a wave 3 with high probability?

Well, the best advice is, to not try to countertrade a wave 3. Go with the trend with the very same method described here and close the trade when you see divergences on M15

The second best advice is, to wait till you see divergences on 15min or 30 min, then change over to 1 and 5 min to find the best place to place the counter-trade. Do not countertrade on 5 min TF, when you do not see divergence on 15min TF.

Best to you,

Markus
  • #1,067
  • Jan 4, 2012 1:30pm Jan 4, 2012 1:30pm
Quoting infinitus
Hello Tools,

maybe I help you out meanwhile :-)

Each system has it limitations. One has to acknowledge the situations, when the system does not work out like in other situations.

Imagine a very strong downmove, like you had experienced. Maybe a so called wave 3, the heart of an impulse wave.

When price goes lower and lower, we can see on lower TF's like 1 or 5 min every once in a while, that price tries to go up (at least a little bit). This creates divergences on lower TF's. But the downward pressure is so high, that the divergences...
Thank you so much infinitus for the answer! I will check this chart again with your advice in mind, and I am sure that you will be right. I think I still need to learn to use higher timeframes as well! I like this system and I want to learn it!

This is the best topic in FF as long as I saw! Great people are working here all day long!

Best Regards to all!
  • #1,068
  • Jan 4, 2012 1:40pm Jan 4, 2012 1:40pm
Oh boy...

What a thread!

It's been three days of reading and learning.

Thank you all for your knowledge and effort. Especially to Forexcube and crodzilla, for their genorosity.

I'll try this system and give you the proper feedback if I find it usefull for you.



Best regards and a very positive pip-year to all!
Hatzerim
Best Regards!
  • #1,069
  • Jan 4, 2012 1:49pm Jan 4, 2012 1:49pm
Quoting Tools
Thank you so much infinitus for the answer! I will check this chart again with your advice in mind, and I am sure that you will be right. I think I still need to learn to use higher timeframes as well! I like this system and I want to learn it!

This is the best topic in FF as long as I saw! Great people are working here all day long!

Best Regards to all!


Hi Tools,

this Thread is truly the speedway to understand how to trade. Forexcube is one of the best mentors and traders you can find here.

To learn from him, start at the very beginning of this thread and even so consider to read the other threads he has opened.


take a look at the following picture. It shows my MTF Screen. For me MTF trading works best, when I have 4-5 TF's side by side

On my second screen I have much bigger charts for channeling and Elliott wave.

I never place a trade without loking first on my MTF screen.

If you place a trade on the 5 min TF, wait for divergence at 15min, and at the same time time your trade at the 1min TF


Here is the link:

http://3.bp.blogspot.com/-037-H8HvXD...600/MM+MTF.jpg
  • #1,070
  • Jan 4, 2012 1:54pm Jan 4, 2012 1:54pm
Quoting infinitus
Hi Tools,

this Thread is truly the speedway to understand how to trade. Forexcube is one of the best mentors and traders you can find here.

To learn from him, start at the very beginning of this thread and even so consider to read the other threads he has opened.


take a look at the following picture. It shows my MTF Screen. For me MTF trading works best, when I have 4-5 TF's side by side

On my second screen I have much bigger charts for channeling and Elliott wave.

I never place a trade without loking first on my MTF screen.

If...


Oh, just forgot:

do not get confused with the whole momentum indicators at the bottom of the charts.

I am a momentum and cycle freak, so I like to see momentum from different angles.

But normaly 1 of them is OK. Take CCI 14
  • #1,071
  • Jan 4, 2012 2:03pm Jan 4, 2012 2:03pm
There are bear strength divergences abound...

1-Week, 1-Day, 1-Hour. I think I'll sip at this pond.

Carl

PS. looks like a little hidden divergence there also...
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF-30-Jan4b.jpg Size: 254 KB
  • #1,072
  • Jan 4, 2012 2:33pm Jan 4, 2012 2:33pm
Closed Trades Today
2012 January 04
Profit: + 40'869.25$
(+8.17%)
Attached Image (click to enlarge)
Click to Enlarge Name: Closed Trades, 2012 January 04.jpg Size: 151 KB
  • #1,073
  • Jan 4, 2012 2:58pm Jan 4, 2012 2:58pm
200.-$ Real Account
Closed Trades Today
2012 January 04

Profit: + 39.25$
(+19.62%)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Closed Trades, 2012 January 04, Page 1, 200$ RA.jpg Size: 265 KB
Click to Enlarge Name: Closed Trades, 2012 January 04, Page 2, 200$ RA.jpg Size: 266 KB
  • #1,074
  • Jan 4, 2012 3:41pm Jan 4, 2012 3:41pm
Quoting infinitus
Hi Tools,

this Thread is truly the speedway to understand how to trade. Forexcube is one of the best mentors and traders you can find here.

To learn from him, start at the very beginning of this thread and even so consider to read the other threads he has opened.


take a look at the following picture. It shows my MTF Screen. For me MTF trading works best, when I have 4-5 TF's side by side

On my second screen I have much bigger charts for channeling and Elliott wave.

I never place a trade without loking first on my MTF screen.

If...
Thank you for your kind asnwer! As I see you have some serious firepower againts the market =) I looks professional! I wil ltake all of your advices! Tomorrow when I get home from work I will start by these advices, I have already started to refresh the topic again! It is something that I could call a magical holy grail!

Thank you so much for your time helping me out! I realy appreciate it!

Best Regards

P.m.: ForexCube - Your new account is very very promising! I am wishing you success and many many pips!
  • #1,075
  • Jan 4, 2012 3:50pm Jan 4, 2012 3:50pm
Hello Forexcube and Carls, Thanks to help us.

Today I did some trades, really simple but harder to begin. Sometime we can't see the oportunity or falses CCI entries.

I hope understand everything along time...lol..

Tks for all.
  • #1,076
  • Jan 4, 2012 3:54pm Jan 4, 2012 3:54pm
Quoting astock
hi forexcube,

please explain - why carlr indi show a buy setup ??

take a look

regards
You definitely have not read this thread.

That is a short-term Porfirio strategy that I built into the indicator. Porfirio explains it earlier in this thread.
You can turn it off if you would like.

Looks as though that trade would have worked out quite well.
  • #1,077
  • Jan 4, 2012 4:04pm Jan 4, 2012 4:04pm
I got some combo alarms (new for version 12) on AUDUSD...

Bearishness everywhere. I'll put my toe into a short position to see how cold this water is.
Nice resistance area here.

I'll post version 12 tomorrow.

15 and 30-min triple divergence combo alarm as seen below.

Carl
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD-3Jan.jpg Size: 219 KB
  • #1,078
  • Jan 4, 2012 4:18pm Jan 4, 2012 4:18pm
Quoting crodzilla
I got some combo alarms (new for version 12) on AUDUSD...

Bearishness everywhere. I'll put my toe into a short position to see how cold this water is.
Nice resistance area here.

I'll post version 12 tomorrow.

15 and 30-min triple divergence combo alarm as seen below.

Carl
Hello Carl!
Yes, indeed! Take the A-Train!
I'm in since 21:20 CET after I have exit the first from yesterday in profit.
So I could take the A-Train two times.
Great design Carl!
I love it! ...to facilitate observation!
Best regards
FXcube
  • #1,079
  • Jan 4, 2012 4:23pm Jan 4, 2012 4:23pm
Inserted Video
  • #1,080
  • Jan 4, 2012 4:53pm Jan 4, 2012 4:53pm
Reducing exposure... I won't be able to watch as close...

Nice setup though...

Great video FC, I played trumpet in a Jazz band in high school. Loved every minute of it.

Carl
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD-short.jpg Size: 193 KB
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