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Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 176 replies

Trapping System: Way to Fully-Automated Trading System 47 replies

The7 Trading Method Signals Thread 136 replies

HYBRID: trading system within a trading system 30 replies

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  • Post #181
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  • Oct 5, 2012 3:15am Oct 5, 2012 3:15am
  •  poppy
  • | Joined Feb 2009 | Status: Member | 11 Posts
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.
  • Post #182
  • Quote
  • Oct 5, 2012 3:16am Oct 5, 2012 3:16am
  •  Dildubai
  • | Joined Aug 2011 | Status: Member | 141 Posts
Quoting Edlich
Disliked
Not a pin on my broker candle times, but still a valid entry so I'm in.
Ignored
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
  • Post #183
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  • Oct 5, 2012 3:20am Oct 5, 2012 3:20am
  •  Edlich
  • | Joined Sep 2012 | Status: Member | 203 Posts
Quoting Dildubai
Disliked
Helloe mate which TF chart are you using? mine is pointing down on hourly

check it out.

DD
Ignored
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...
  • Post #184
  • Quote
  • Oct 5, 2012 3:23am Oct 5, 2012 3:23am
  •  Dildubai
  • | Joined Aug 2011 | Status: Member | 141 Posts
Hello friends just noticed this 4hr signal. Could yield big pips if it succeeds.

Comments / Suggestions?

DD
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Name: EURAUD.png
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  • Post #185
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  • Oct 5, 2012 3:24am Oct 5, 2012 3:24am
  •  Dildubai
  • | Joined Aug 2011 | Status: Member | 141 Posts
Quoting Edlich
Disliked
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
Ignored
Thanks mate. appreciate your prompt reply.

Good luck

DD
  • Post #186
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  • Oct 5, 2012 3:29am Oct 5, 2012 3:29am
  •  Edlich
  • | Joined Sep 2012 | Status: Member | 203 Posts
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...
  • Post #187
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  • Oct 5, 2012 4:34am Oct 5, 2012 4:34am
  •  whatfx
  • Joined Jun 2010 | Status: The Villain | 2,565 Posts
Quoting vntrader07
Disliked
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
Ignored

can u post yopur version of slope indi
  • Post #188
  • Quote
  • Oct 5, 2012 4:41am Oct 5, 2012 4:41am
  •  vntrader07
  • | Joined Oct 2012 | Status: Member | 3 Posts
Quoting whatfx
Disliked
can u post yopur version of slope indi
Ignored
Hi Whatfx,

Here it is.
Attached File
File Type: mq4 TmaSlope.v1.5 Normalized.mq4   13 KB | 609 downloads
  • Post #189
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  • Oct 5, 2012 9:13am Oct 5, 2012 9:13am
  •  distantpulse
  • | Joined Mar 2010 | Status: Member | 135 Posts
Quoting Dildubai
Disliked
Hello friends just noticed this 4hr signal. Could yield big pips if it succeeds.

Comments / Suggestions?

DD
Ignored
Since the rules are for Daily TF's, I wouldn't take it......As I write, the EUR/AUD just keeps going up. :/
  • Post #190
  • Quote
  • Oct 5, 2012 9:33am Oct 5, 2012 9:33am
  •  ksinghrathor
  • | Joined Apr 2011 | Status: Member | 15 Posts
Quoting vntrader07
Disliked
Hi Whatfx,

Here it is.
Ignored
Is it repaint ?
  • Post #191
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  • Oct 5, 2012 9:55am Oct 5, 2012 9:55am
  •  todd960960
  • | Joined Nov 2008 | Status: Member | 470 Posts
I'm up 755 pips so for this week. Thx The7!
  • Post #192
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  • Oct 5, 2012 10:09am Oct 5, 2012 10:09am
  •  The7
  • | Joined Apr 2008 | Status: Where is the Exit? | 392 Posts
Quoting todd960960
Disliked
I'm up 755 pips so for this week. Thx The7!
Ignored
Remember..Market is not perfect. There will be losers..
  • Post #193
  • Quote
  • Oct 5, 2012 10:11am Oct 5, 2012 10:11am
  •  todd960960
  • | Joined Nov 2008 | Status: Member | 470 Posts
I have had losers. And I cut then lose quickly. Letting the winners run.


Quoting The7
Disliked
Remember..Market is not perfect. There will be losers..
Ignored
  • Post #194
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  • Oct 5, 2012 10:12am Oct 5, 2012 10:12am
  •  The7
  • | Joined Apr 2008 | Status: Where is the Exit? | 392 Posts
If you guys entered Aud/and Nzd/Usd yesterday, your weekend will be more fun then a lot of people..
  • Post #195
  • Quote
  • Oct 5, 2012 11:34am Oct 5, 2012 11:34am
  •  ChicagoRob
  • | Joined Mar 2008 | Status: Member | 951 Posts
Quoting The7
Disliked
If you guys entered Aud/and Nzd/Usd yesterday, your weekend will be more fun then a lot of people..
Ignored
The nzdusd pin bar got my attention yesterday. Already in the trade and banking some good pips.

Rob
  • Post #196
  • Quote
  • Oct 5, 2012 1:51pm Oct 5, 2012 1:51pm
  •  Edlich
  • | Joined Sep 2012 | Status: Member | 203 Posts
Quoting ChicagoRob
Disliked
The nzdusd pin bar got my attention yesterday. Already in the trade and banking some good pips.

Rob
Ignored
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...
  • Post #197
  • Quote
  • Oct 5, 2012 2:06pm Oct 5, 2012 2:06pm
  •  ChicagoRob
  • | Joined Mar 2008 | Status: Member | 951 Posts
Quoting Edlich
Disliked
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.
Ignored
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
  • Post #198
  • Quote
  • Oct 5, 2012 4:04pm Oct 5, 2012 4:04pm
  •  distantpulse
  • | Joined Mar 2010 | Status: Member | 135 Posts
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.
  • Post #199
  • Quote
  • Oct 5, 2012 4:23pm Oct 5, 2012 4:23pm
  •  Longboat
  • | Joined Aug 2007 | Status: Member | 69 Posts
Quoting distantpulse
Disliked
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.
Ignored
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.
  • Post #200
  • Quote
  • Oct 5, 2012 4:37pm Oct 5, 2012 4:37pm
  •  prosper1
  • | Joined Apr 2012 | Status: Member | 116 Posts
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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