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The7 Trading System

  • #181
  • Oct 5, 2012 2:15am Oct 5, 2012 2:15am
Just came across this thread and been looking at some past charts. Certainly if you don't trade blindly there are some big moves here.
Will be watching this closely.
  • #182
  • Oct 5, 2012 2:16am Oct 5, 2012 2:16am
Quoting Edlich
Not a pin on my broker candle times, but still a valid entry so I'm in.
Helloe mate which TF chart are you using? mine is pointing down on hourly

check it out.

DD
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd 5 oct.png Size: 51 KB
  • #183
  • Oct 5, 2012 2:20am Oct 5, 2012 2:20am
Quoting Dildubai
Helloe mate which TF chart are you using? mine is pointing down on hourly

check it out.

DD
Hi

I already use another strategy for intraday trading, so don't have time to monitor this on anything other than the daily t/f as prescribed by The7 when opening this thread.

Cheers
Getting there, slowly but surely...
  • #184
  • Oct 5, 2012 2:23am Oct 5, 2012 2:23am
Hello friends just noticed this 4hr signal. Could yield big pips if it succeeds.

Comments / Suggestions?

DD
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.png Size: 50 KB
  • #185
  • Oct 5, 2012 2:24am Oct 5, 2012 2:24am
Quoting Edlich
Hi

I already use another strategy for intraday trading, so don't have time to monitor this on anything other than the daily t/f as prescribed by The7 when opening this thread.

Cheers
Thanks mate. appreciate your prompt reply.

Good luck

DD
  • #186
  • Oct 5, 2012 2:29am Oct 5, 2012 2:29am
Interesting, on my broker's platform, your spinning top prior to your entry candle closed lower and on the 4H tf would have triggered an entry at circa 1.2694.

As I said in previous posts though i am sticking to the daily tf discipline so won't be taking this.

It does look a bit overbought on daily thoug, so could be good for some pips on a retrace.

Cheers
Getting there, slowly but surely...
  • #187
  • Oct 5, 2012 3:34am Oct 5, 2012 3:34am
Quoting vntrader07
Thanks alot for the suggestion, kbeza.

I have a new version of indicator which shows much better results as the attachment EVENT with M15. It removes most of the failed signals especially in case they violates with the TREND.

Of course we must have a suitable MM strategy to minimize the RISK beside the filters.

Sincerly,
VnTrader

can u post yopur version of slope indi
  • #188
  • Oct 5, 2012 3:41am Oct 5, 2012 3:41am
Quoting whatfx
can u post yopur version of slope indi
Hi Whatfx,

Here it is.
Attached File(s)
File Type: mq4 TmaSlope.v1.5 Normalized.mq4   13 KB | 762 downloads
  • #189
  • Oct 5, 2012 8:13am Oct 5, 2012 8:13am
Quoting Dildubai
Hello friends just noticed this 4hr signal. Could yield big pips if it succeeds.

Comments / Suggestions?

DD
Since the rules are for Daily TF's, I wouldn't take it......As I write, the EUR/AUD just keeps going up. :/
  • #190
  • Oct 5, 2012 8:33am Oct 5, 2012 8:33am
Quoting vntrader07
Hi Whatfx,

Here it is.
Is it repaint ?
  • #191
  • Oct 5, 2012 8:55am Oct 5, 2012 8:55am
I'm up 755 pips so for this week. Thx The7!
  • #192
  • Oct 5, 2012 9:09am Oct 5, 2012 9:09am
Quoting todd960960
I'm up 755 pips so for this week. Thx The7!
Remember..Market is not perfect. There will be losers..
  • #193
  • Oct 5, 2012 9:11am Oct 5, 2012 9:11am
I have had losers. And I cut then lose quickly. Letting the winners run.


Quoting The7
Remember..Market is not perfect. There will be losers..
  • #194
  • Oct 5, 2012 9:12am Oct 5, 2012 9:12am
If you guys entered Aud/and Nzd/Usd yesterday, your weekend will be more fun then a lot of people..
  • #195
  • Oct 5, 2012 10:34am Oct 5, 2012 10:34am
Quoting The7
If you guys entered Aud/and Nzd/Usd yesterday, your weekend will be more fun then a lot of people..
The nzdusd pin bar got my attention yesterday. Already in the trade and banking some good pips.

Rob
  • #196
  • Oct 5, 2012 12:51pm Oct 5, 2012 12:51pm
Quoting ChicagoRob
The nzdusd pin bar got my attention yesterday. Already in the trade and banking some good pips.

Rob
I was up +40 at the height of today's candle, but NFP has worked it magic and currently down 40! Sticking with the rules though and won't close early unless my stop under the entry candle is hit.
Getting there, slowly but surely...
  • #197
  • Oct 5, 2012 1:06pm Oct 5, 2012 1:06pm
Quoting Edlich
I was up +40 at the height of today's candle, but NFP has worked it magic and currently down 40! Sticking with the rules though and won't close early unless my stop under the entry candle is hit.
I have MPTM set to capture the first 30 pips for this very reason. I'm pretty sure my trade closed out around +40(not at home right now). I'm breaking the rules, but my hit rate is almost 100%.

Rob
  • #198
  • Oct 5, 2012 3:04pm Oct 5, 2012 3:04pm
I was stopped out of AUD/USD for -83 pips today. Anyone else take that trade that went straight south? It was a valid entry and looked like a really good setup with the double bottom/bullish divergence too.
  • #199
  • Oct 5, 2012 3:23pm Oct 5, 2012 3:23pm
Quoting distantpulse
I was stopped out of AUD/USD for -83 pips today. Anyone else take that trade that went straight south? It was a valid entry and looked like a really good setup with the double bottom/bullish divergence too.
Candle closed at the channel not inside it on my Daily FX chart. No trade for me.
The thread results might be more consistent if we all used the same charts that The 7 does, that close at the same time GMT.
  • #200
  • Oct 5, 2012 3:37pm Oct 5, 2012 3:37pm
I know the older version TMA slope repainted, but appearently this version 1.4 incorporates TMA True numbers also, plus if used on the daily, repainting shouldn't be much issue. but testing it now anyway
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