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My own developed benkyalate system

  • #3,041
  • Jun 22, 2012 1:26am Jun 22, 2012 1:26am
Firstly, I wanna thank everybody who is contributing to the thread and especially those who post screenshots of all their setups/trades.

Also, I am very grateful that you are sticking to one chart layout and that it is not constantly changing and new indicators are not introduced every so often. Shows me its a proven system.

Anyway, I saw this potential setup on GBPNZD and would like feedback on 2 things:

 

  1. Is it a valid setup (GOC is going down, at slod blue line of GOC, Timing indi was at extreme, not at a pivot level but below central pivot level?.
  2. Is it to late to enter now at this point?

Thanks everybody

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD 120622.jpg Size: 145 KB
  • #3,042
  • Jun 23, 2012 3:15pm Jun 23, 2012 3:15pm
Quoting boerseun
Firstly, I wanna thank everybody who is contributing to the thread and especially those who post screenshots of all their setups/trades.

Also, I am very grateful that you are sticking to one chart layout and that it is not constantly changing and new indicators are not introduced every so often. Shows me its a proven system.

Anyway, I saw this potential setup on GBPNZD and would like feedback on 2 things:
[list=1][*]Is it a valid setup (GOC is going down, at slod blue line of GOC, Timing indi was at extreme, not at a pivot level but below...
I would take that trade with small risk simply because the down trend is so evident. Yes, you can still enter now and have enough room for a 50 pip SL just in case it retraces.

This system is definitely a proven one even with the other TPL's others where using in the past showed good results.
  • #3,043
  • Jun 24, 2012 11:11pm Jun 24, 2012 11:11pm
last weeks results.

+95
-40

Total 55 pips...
  • #3,044
  • Jun 25, 2012 2:47pm Jun 25, 2012 2:47pm
Beautiful entry on this one..
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy.jpg Size: 92 KB
  • #3,045
  • Jun 25, 2012 6:31pm Jun 25, 2012 6:31pm
Quoting Fx_Pipin
Beautiful entry on this one..
Could you share the pivot indicator(which appeared horizontal line), and what is the period of cog that you set, and the timeframe you preferred? Is belkyayate timing indicator is another version of pivot(I mean the 'inner mechanism' of belkyayate timing )? Many Tks.
  • #3,046
  • Jun 25, 2012 6:40pm Jun 25, 2012 6:40pm
I don't find the difference of oan's cog with belkhayata's one, when I set the period of belkhayata's cog the same with oan's, only the timing indicator is different.
It is pity the thread is not as acitve as before.
  • #3,047
  • Jun 26, 2012 2:05pm Jun 26, 2012 2:05pm
Quoting Fx_Pipin
Beautiful entry on this one..
closed for 50 pips.
  • #3,048
  • Jun 27, 2012 7:01am Jun 27, 2012 7:01am
Quoting Fx_Pipin
closed for 50 pips.
hello pipin..

what is you risk and reward level for this trade??
  • #3,049
  • Jun 27, 2012 8:14am Jun 27, 2012 8:14am
Quoting jajano
hello pipin..

what is you risk and reward level for this trade??
1:1
  • #3,050
  • Jun 27, 2012 9:15am Jun 27, 2012 9:15am
im short audnzd.
based on the cog, +near fibo 38 (my other limit order), and also the price on supply area.
risk reward 1:1

what do u think guys..
Attached Image (click to enlarge)
Click to Enlarge Name: an.gif Size: 27 KB
  • #3,051
  • Jun 27, 2012 10:12am Jun 27, 2012 10:12am
I think it looks good. The current price looks like it is inline with the downslope trendline too. Chris

Quoting jajano
im short audnzd.
based on the cog, +near fibo 38 (my other limit order), and also the price on supply area.
risk reward 1:1

what do u think guys..
  • #3,052
  • Jun 27, 2012 10:13am Jun 27, 2012 10:13am
Up over 30 pips
Attached Image (click to enlarge)
Click to Enlarge Name: audnzd.jpg Size: 101 KB
  • #3,053
  • Jun 27, 2012 12:27pm Jun 27, 2012 12:27pm
Quoting Fx_Pipin
Up over 30 pips
move my SL +1 at BEP
hope its not too early LOL
  • #3,054
  • Jun 27, 2012 12:30pm Jun 27, 2012 12:30pm
Way to go you guys. Thanks for the posts.
  • #3,055
  • Jun 27, 2012 10:56pm Jun 27, 2012 10:56pm
gbpaud ???
Attached Image (click to enlarge)
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  • #3,056
  • Jun 28, 2012 8:16am Jun 28, 2012 8:16am
Hey J,

The COG looks sort of flat, but it looks like you're up some 40 or 50 pips. Some decent support at the level you entered. Looks good!

How long have you been using the supply/demand indicator by Insanity? How do you like it so far?

Chris
  • #3,057
  • Jun 29, 2012 3:40am Jun 29, 2012 3:40am
Quoting chris2020
Hey J,

The COG looks sort of flat, but it looks like you're up some 40 or 50 pips. Some decent support at the level you entered. Looks good!

How long have you been using the supply/demand indicator by Insanity? How do you like it so far?

Chris
im using the supply/demand indicator about a week now..
and still looking for another filter
  • #3,058
  • Jun 29, 2012 5:22am Jun 29, 2012 5:22am
Hi message for jajano i see you use the supply demand indi
I prefer the "supdem" version of the same indicator.

The other indi you could try is SHI_Channel (u can get it on this forum)
or TMA

Could you please tell me you COG settings
its the kstd at 2.5 is too high...i have seen another user that uses 0.618
which i think is a FIB setting
  • #3,059
  • Jun 29, 2012 6:55am Jun 29, 2012 6:55am
1hr tf using indicators:
SHI_channel
supdem
_barclose
3_level_zz_semafor_tro_modified_version
COG
TMA
trendalt_alert
Attached Image (click to enlarge)
Click to Enlarge Name: tmacogtrend.png Size: 56 KB
  • #3,060
  • Jun 29, 2012 9:50am Jun 29, 2012 9:50am
Hi Axl,

Here is the template fx_pipn_4h I use for 4H charts. I don't have any templates for lower time frame charts. It should have the settings you are looking for regarding COG.

The fx_pipn_4h template is based on the orabi(1) template that I have also attached below.

Hope this helps!

Chris

Quoting axl
Hi message for jajano i see you use the supply demand indi
I prefer the "supdem" version of the same indicator.

The other indi you could try is SHI_Channel (u can get it on this forum)
or TMA

Could you please tell me you COG settings
its the kstd at 2.5 is too high...i have seen another user that uses 0.618
which i think is a FIB setting
Attached File(s)
File Type: tpl fx_pipin_4h.tpl   10 KB | 683 downloads
File Type: tpl orabi(1).tpl   17 KB | 608 downloads
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