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my very simple system!

  • #41
  • May 7, 2006 8:43am May 7, 2006 8:43am
Quoting Isotonic
now chaps, where could you jump in on this chart..?
because the 2 line 15/21MA in sticky inside the pivot zone !
  • #42
  • May 7, 2006 8:48am May 7, 2006 8:48am
Quoting Isotonic
apologies for jumping on your thread, adam. remember the suggestion i made a few days ago for the euro..?

look at the entry point and line confluence, however note how large the stop is (100 points).

now follow a new rally up and wait for the line break, taking some profit along the way of course!

btw, i use daily charts but you can bring down the lines to 4h if you want.

edit> the shaded boxes would correspond to the "buy on touches" i highlighted on a copy of your chart earlier.
sorry for my late answer , because i have to look for some want who can translate what do you mean !
you are wellcome to place a comments here !which a very complex chart , you really make me confuse , i just want to do it as simple as i can figure out what is the side of the trend .
and i trade what i see on the chart , not my emotion envolve !
  • #43
  • May 7, 2006 9:35am May 7, 2006 9:35am
Adam3000,

I am sorry about this post from Audry1 and I. The post was about a book called The New Science Of technical Analysis. It was a statement the author made in chapter 7 of that book... We were off topic at that point, so we stopped...

Thanks Scott


Quoting adam3000
sorry , i dont undersand what you mean ! hic...anyone help me to translate into vietnammese ?
  • #44
  • May 7, 2006 10:12am May 7, 2006 10:12am
I wonder if anyone has designed an MT4 indicator for this as well?



Quoting audrey1
Yes it is.And if you find it hard to do it manually, Bloomberg offers it as a trading platform. It counts the bars for you and when the countdown is complete I wait for the SAR to join the dance.

Run in any timeframe, I perfer the hourly( more time larger movement)
  • #45
  • May 7, 2006 11:49pm May 7, 2006 11:49pm
i wasn't meaning to confuse anybody here! i'm not sure i would agree that my charts are that complex though...i think you and i are on the same page regarding following a trend.

Quoting adam3000
sorry for my late answer , because i have to look for some want who can translate what do you mean !
you are wellcome to place a comments here !which a very complex chart , you really make me confuse , i just want to do it as simple as i can figure out what is the side of the trend .
and i trade what i see on the chart , not my emotion envolve !
  • #46
  • May 9, 2006 1:40am May 9, 2006 1:40am
short eur/usd at @1.2735
Attached Image
  • #47
  • May 9, 2006 1:45am May 9, 2006 1:45am
Nice entry, adam! Good job.
Capital Preservation is key to long term wealth accumulation
  • #48
  • May 9, 2006 3:16am May 9, 2006 3:16am
Hi,
Quoting adam3000
short eur/usd at @1.2735
Could you explain a little bit more how you entered.

The MA crossover happened approx 3AM BST and price never went above 1.2707ish after that so I'm not clear on when and how you entered according to the rules.

Thanks
Alan
  • #49
  • May 9, 2006 4:37am May 9, 2006 4:37am
Quoting firehorse
Hi,Could you explain a little bit more how you entered.

The MA crossover happened approx 3AM BST and price never went above 1.2707ish after that so I'm not clear on when and how you entered according to the rules.

Thanks
Alan
the 2 MA cross each other at 1.2725 , but the SAR have been drop down from 1.2770 --->1.2750 ---->1.2735 , i hava a very long time to confirm my short position
  • #50
  • Edited 6:16pm May 9, 2006 6:13pm | Edited 6:16pm
Hi Ms, Adam!

Good Morning from Malaysia! It's 9am here.

Following your strategy, I've taken a long position on GBP-USD just a few minutes ago.

On a 2hour chart the 15MA is about to cross the 21MA anytime soon and the SAR indicates uptrend is still in place.

Could you confirm I've understood your system correctly?

It's now 9.15am and the crossover has taken place!
  • #51
  • May 10, 2006 9:11am May 10, 2006 9:11am
Hi,
Quoting adam3000
the 2 MA cross each other at 1.2725 , but the SAR have been drop down from 1.2770 --->1.2750 ---->1.2735 , i hava a very long time to confirm my short position
I'm sorry, I still don't understand

I've attached a chart.
You stated entry at 1.2735
The MA crossover happens at 1.2725
The price at MA crossover is 1.2687 on close of bar

I can't see how to enter at 1.2735

Can you clarify what made you enter at 1.2735 because the crossover had not happened by then.

Thanks
Alan
Attached Image
  • #52
  • May 10, 2006 9:22am May 10, 2006 9:22am
Quoting firehorse
Hi,I'm sorry, I still don't understand

I've attached a chart.
You stated entry at 1.2735
The MA crossover happens at 1.2725
The price at MA crossover is 1.2687 on close of bar

I can't see how to enter at 1.2735

Can you clarify what made you enter at 1.2735 because the crossover had not happened by then.

Thanks
Alan
This is a good example of the question that I posed to her earlier with a different trade. From what I understand, the 1.2735 is an "eyeball" figure where the crossover happens. She didn't actually enter there (at the crossover value), that's why it's misleading. From what I understand she actually takes the price at the crossover if it's out of her parabolic range (whatever that means).
  • #53
  • Edited 5:32pm May 10, 2006 2:40pm | Edited 5:32pm
Firehorse,

Do you think maybe she is making the trade in anticipation of a cross of the MAs, based on the fact that the SAR has changed direction? If so, that would explain the 2735 trade, a bit risky for me, but seems to have worked out.... but why even have the MAs, except for the idea of identifying range prices based on her definition of the "pivot zone" between the MAs?

BTW I like the "pivot zone" idea... good for identifying consolidation.

Scott

Quoting firehorse
Hi,I'm sorry, I still don't understand

I've attached a chart.
You stated entry at 1.2735
The MA crossover happens at 1.2725
The price at MA crossover is 1.2687 on close of bar

I can't see how to enter at 1.2735

Can you clarify what made you enter at 1.2735 because the crossover had not happened by then.

Thanks
Alan
  • #54
  • May 10, 2006 9:24pm May 10, 2006 9:24pm
short eur/usd around @{1.2750-1.2735}
Attached Image
  • #55
  • May 11, 2006 12:32am May 11, 2006 12:32am
14g00 (GMT+7:00) eur/usd is : 1.2700 ,

+[35-->50]pips
  • #56
  • May 11, 2006 1:08am May 11, 2006 1:08am
Is it just me or could this be used kind of like a slope change? Meaning when the change of the 15 SMA changes from up to down or down to up? That is where to enter? And only so many pips above or below that slope change. Basically what I mean is NL + X.
JOHN 3:16
  • #57
  • May 11, 2006 2:39am May 11, 2006 2:39am
I think someone asked this earlier but I did not see a reply, are these MA's SMA or EMA? Are they based on the close price? I am curious about your exit strategy. If I understand correctly you wait for the SAR to cross both the MA's then you exit?
  • #58
  • May 11, 2006 2:58am May 11, 2006 2:58am
The Ma's are SMA and it is on the close. Adam3000 uses dailyfx for her charts. They do their ma's on the close that I do know. I am not sure about the exiting though.
JOHN 3:16
  • #59
  • May 11, 2006 3:03am May 11, 2006 3:03am
Quoting firehorse
Hi,I'm sorry, I still don't understand

I've attached a chart.
You stated entry at 1.2735
The MA crossover happens at 1.2725
The price at MA crossover is 1.2687 on close of bar

I can't see how to enter at 1.2735

Can you clarify what made you enter at 1.2735 because the crossover had not happened by then.

Thanks
Alan
firehorse,

I agree with you. It seems impossible to enter at 1.2735. Looking at your chart, 1.2735 is within the price bar just before SAR appeared. In other words, the signal from SAR & the MA crossover happened after you see 1.2735. After that, the price went down further.

Another point, this particular short trade as well as another one after this seems to be going against the prevailing up trend. Quite risky. I don't see any long trade recommendation based on the latest part of the trend.

I may be missing out on something but I don't seems to be able to put the pieces together.

Thanks.
KISS
  • #60
  • May 11, 2006 6:05am May 11, 2006 6:05am
Quoting renasdad
The Ma's are SMA and it is on the close. Adam3000 uses dailyfx for her charts. They do their ma's on the close that I do know. I am not sure about the exiting though.
Thanks for your reply, I can't figure out the exit strategy still. I talmost looks like when the SAR goes between the two MA's. Let's see if someone else has the answer.
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