After this over 300 pip decline and risk appetite coming back, confirming now above the gann line. Looks like a good long here.
Skype: heliosphan187
Gann High-Low System with Laguerre/Fisher/VSA/Sixths and others
- #86
- Mar 15, 2012 11:21am Mar 15, 2012 11:21am
- Joined Mar 2008 | Status: Cointegrated Member | 621 Posts
Thanks for your interest. I would suggest to trade it on demo till you are comfortable, it can be a very powerful setup but you have to be patient and don't assume price will crossover until the current candle is complete. on tf's lower than 1 hr i've found it is a bit trickier, so thats why i stick to 1hr/h4.
Let me know whenever you have any other questions or thoughts
Let me know whenever you have any other questions or thoughts
Nice setup.I like itI'm already trading this.W8 for rezults.
Skype: heliosphan187
- #91
- Mar 15, 2012 12:51pm Mar 15, 2012 12:51pm
No, the yellow line is just a 50 period moving average, don't trade off of that it's meant more for confirmation.
In my mind, for your first chart there the proper entry would have been within the breakout box 3 candlesticks after the "5p" print on the chart. This is where the crossover occurs. The breakoutbox gives you a sense of where the support is, crossovers within the breakout box are generally pretty safe to base your entry on the major pairs
This system is not based on moving average whatsover. If you want to use it for stops thats...
I was thinking like this "Its 1H TF trend and i its almost near the bottom,brake the HL line singal stopped on support,fisher green,laguerre up,RSI above 55 .And my other indicator on chart3 Trade with 60
- #93
- Mar 15, 2012 1:04pm Mar 15, 2012 1:04pm
- Joined Mar 2008 | Status: Cointegrated Member | 621 Posts
Heh sure buddy for you anything. Again realize I use this as a guide marker and not a core part of the system
I will post a couple more slight variances to my template in a few hrs time.
I will post a couple more slight variances to my template in a few hrs time.
OMGYou have one more line on your chart. What's the Purple line? Its not in the template.Can you post it pls?
Skype: heliosphan187
- #97
- Mar 15, 2012 3:50pm Mar 15, 2012 3:50pm
- Joined Mar 2008 | Status: Cointegrated Member | 621 Posts
No problem happy to see the interest.
Ok this is very important to understand, I only consider the breakoutbox when price has crossed over the gann line within a fresh box. I don't really care about it as much if price has already broke below the box and is creeping back up to it such as in the above chart. In this situation it is meaningless to me.
Ok this is very important to understand, I only consider the breakoutbox when price has crossed over the gann line within a fresh box. I don't really care about it as much if price has already broke below the box and is creeping back up to it such as in the above chart. In this situation it is meaningless to me.
Got that.But what the cloud box means?Isn't a kind of entering point for some situations?Sory i'm asking much but i'm trading live too and this system suits me well
Skype: heliosphan187
- #100
- Edited 12:48pm Mar 19, 2012 12:30pm | Edited 12:48pm
- Joined Mar 2008 | Status: Cointegrated Member | 621 Posts
Folks, I use the spot USD index, not the index future, to keep track of the USD. As you can see, the daily broke down below the Gann Hi-Lo, off to the races now! I re-entered long AUDUSD. Search google for sigtrader, as far as I know they are the only ones to offer tradable spot indeces
Skype: heliosphan187