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my very simple system!

  • #1
  • First Post: May 2, 2006 12:57am May 2, 2006 12:57am
all you need is :

1/ 15 MA ,21 MA
2/ parabolic Sar
3/2H or 4H chart
rule : whenever 2 line MAs cross and parablic SAR ,get out or get in of my pivot zone , that the time to buy or sell signal !
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  • #2
  • May 2, 2006 1:33am May 2, 2006 1:33am
It is true simple is best, but how do you overcome the problem with all MA systems in ranging conditions?

BTW my name is Adam also, yet I am male .... spooky ...
You can quit and they won't care, but you will always know.
  • #3
  • May 2, 2006 1:59am May 2, 2006 1:59am
when it ranging , i dont trade !

i will until the SAR ,get in or out of my pivot zone !
  • #4
  • Edited 2:58am May 2, 2006 2:41am | Edited 2:58am
I dont see any pivot levels on your chart.
What exactly is your "pivot zone?"

my name Liquid - (sex: yes please) lol
  • #5
  • May 2, 2006 3:22am May 2, 2006 3:22am
the space between 2 lines 15MA and 21MA is my " pivot zone"

sorry about a stranger way to name a place w/o notice.

my trade today :15:00(gmt +7) 02/05/2006

USD/CHF long at : 1.2410
GBP/USD short at :1.8279
USD/JPy long at 116.65
EUR/USD already shorted yesterday at : 1.2610

all trade above with SL :-30pips, TP:+60 pips
just a resume ,before eur/usd reach at : 1.3000
  • #6
  • May 2, 2006 3:27am May 2, 2006 3:27am
adam,

you ought to try setting your SAR to .09, .2

This setting worked much better for me on the Simple Forex System (EMA Crossover).

It got me in at more reliable entries and was a better exit indicator.

See what you think.
Capital Preservation is key to long term wealth accumulation
  • #7
  • May 2, 2006 3:52am May 2, 2006 3:52am
still test for new signal !
  • #8
  • May 2, 2006 3:58am May 2, 2006 3:58am
other way around: .09 .2, not .02

Hope it helps you a little!
Capital Preservation is key to long term wealth accumulation
  • #9
  • May 2, 2006 6:06am May 2, 2006 6:06am
hi, how do you set the MAs value in MT4? is it SMA or EMA ? on close/ HL/2 or anyelse? thank you for sharing

Quoting adam3000
all you need is :

1/ 15 MA ,21 MA
2/ parabolic Sar
3/2H or 4H chart
rule : whenever 2 line MAs cross and parablic SAR ,get out or get in of my pivot zone , that the time to buy or sell signal !
  • #10
  • Edited 10:01am May 2, 2006 7:39am | Edited 10:01am
Hi Hastings, based on these are DailyFx charts the ma would be based on close. I would bet it really does not effect the outcome much if it is a MA, smoothed ma or EMA, because the time frame is so short on the MAs... Ohter than the wipsaw at ranges, it is pretty good at catching trends. I am a little curious how adam3000 is using this system to project price targets though... Perhaps she is also using some other method...

Ma methods are useful in a trending market... A rising Tide Raises all ships...

Scott


Quoting hastings
hi, how do you set the MAs value in MT4? is it SMA or EMA ? on close/ HL/2 or anyelse? thank you for sharing
  • #11
  • May 2, 2006 9:25am May 2, 2006 9:25am
Quoting adam3000
all you need is :

1/ 15 MA ,21 MA
2/ parabolic Sar
3/2H or 4H chart
rule : whenever 2 line MAs cross and parablic SAR ,get out or get in of my pivot zone , that the time to buy or sell signal !
OK...question for you on how you're using this system.

I actually applied your MA's and SAR, as requested, however, your signals Buy @1.2350 doesn't actually occur AT the point of crossover...do you wait for the price to come back down to your buy signal before you buy?

Same thing happens when you signal for the Sell @1.2610...the price is around @ 1.2587, so selling @ 1.2610 is a no go. You could have sold today at some point, I suppose, but it would have been a long wait, and that's not always guaranteed to happen (the price testing the cross-over level...it barely did it on the buy signal.

Do you buy/sell at whatever price occurs at your signal??

It's very confusing....or there must be something else you're not telling us.
  • #12
  • May 2, 2006 9:41am May 2, 2006 9:41am
Hi Mrmikal,

If I remember you liked Hagadol's price list... Have you checked out Darkstar's Sweet Liquidity thread in the Journal thread? very similar... Scott

Sorry for the off topic...

Quoting mrmikal
OK...question for you on how you're using this system.

I actually applied your MA's and SAR, as requested, however, your signals Buy @1.2350 doesn't actually occur AT the point of crossover...do you wait for the price to come back down to your buy signal before you buy?

Same thing happens when you signal for the Sell @1.2610...the price is around @ 1.2587, so selling @ 1.2610 is a no go. You could have sold today at some point, I suppose, but it would have been a long wait, and that's not always guaranteed to happen (the price testing the cross-over level...it barely did it on the buy signal.

Do you buy/sell at whatever price occurs at your signal??

It's very confusing....or there must be something else you're not telling us.
  • #13
  • May 2, 2006 9:55am May 2, 2006 9:55am
Quoting smjones
Hi Mrmikal,

If I remember you liked Hagadol's price list... Have you checked out Darkstar's Sweet Liquidity thread in the Journal thread? very similar... Scott

Sorry for the off topic...
I still use Hagadol's price list for the GBP/USD...I was trolling for simple ideas on the Euro...I haven't checked out the liquidity thing, but I guess now that you mention it...I'm going to have to :-)
  • #14
  • May 2, 2006 10:17am May 2, 2006 10:17am
when i capture the picture , i just estimate the price , it is not the correct price !

some time i see the signal before it cross , because of the SAR get out of my zone , and have a lot of thing belong to something difficult to describe ,

i can explain it in my language , but in enghlish ........

like you said :

Quote
Do you buy/sell at whatever price occurs at your signal??

i have some react later than and /or sooner than the signal , so i have entered the trade little different from the signal generated !
  • #15
  • May 2, 2006 10:31am May 2, 2006 10:31am
Hi Adam3000,

This looks like a nice system, combining a simple method with Discretion.
It seems to work very well for you, based on your posts... How are you Forecasting your projected currency price targets, like when you said EURUSD 1.2800? I have been reading your posts and you must be making pretty good pips...
thanks in advance, Scott



Quoting adam3000
when i capture the picture , i just estimate the price , it is not the correct price !

some time i see the signal before it cross , because of the SAR get out of my zone , and have a lot of thing belong to something difficult to describe ,

i can explain it in my language , but in enghlish ........

like you said :



i have some react later than and /or sooner than the signal , so i have entered the trade little different from the signal generated !
  • #16
  • May 2, 2006 10:42am May 2, 2006 10:42am
Quoting adam3000
when it ranging , i dont trade !

i will until the SAR ,get in or out of my pivot zone !
How do you not trade when it is ranging? Can you see the future?
  • #17
  • May 2, 2006 11:22am May 2, 2006 11:22am
Quoting nd1377
How do you not trade when it is ranging? Can you see the future?
when it ranging , my pivot zone is very very narrow , 2 line 15MA , 21 MA like the same , look like 1 line .
i did not see the future , i just get out quicky if i dont see the space in my pivot zzone ! standing aside is also a method /strategy in trading forex !
  • #18
  • May 2, 2006 11:24am May 2, 2006 11:24am
Quote
standing aside is also a method /strategy in trading forex !

That is very very true.
Always wait for the opportune moment… just be careful not to miss it.
  • #19
  • Edited 4:36pm May 2, 2006 12:13pm | Edited 4:36pm
Quoting adam3000
standing aside is also a method /strategy in trading forex !
Thank you, this is what I do about 99.999999999999999% of the time.
  • #20
  • May 2, 2006 1:50pm May 2, 2006 1:50pm
Quoting fxvision
That is very very true.
fxvision's signature
Always wait for the opportune moment… just be careful not to miss it.

OPPORTUNITYISNOWHERE
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