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Lean Mean Money Making Machine

  • #101
  • Feb 8, 2013 2:22pm Feb 8, 2013 2:22pm
Quoting Indrek
You probably meant that we wait for lowest high to be broken?
And one more thing... Have you changed STARC parameters for lower TF? On higher TF the quicker STARC was 100-150-1.33 but now it is 100-150-1.168?
Yes Indrek that's what I meant, I apologize. Also, I did change those parameters as well. Just remember we enter trades only when the SMALLER Starc is in our favor. So for BUY, we wait for smaller Starc to be below bigger Starc. For SELL, we wait for smaller Starc to be above bigger Starc. By doing this, we are keeping whipsaws to a minimal. Also,we use the previous signals Fibo for additional confirmation. If past signal shows that its TP was hit, then we are good to go. If it has not yet been met, that means we have a little bit more wait time. Here's an example...
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  • #102
  • Feb 9, 2013 2:35am Feb 9, 2013 2:35am
Quoting ashur123
So for BUY, we wait for smaller Starc to be below bigger Starc. For SELL, we wait for smaller Starc to be above bigger Starc. By doing this, we are keeping whipsaws to a minimal.
What if we will not have a new high or low after Starcs have become into proper order? Does previous high count then? Or it would mean no trade?
  • #103
  • Feb 9, 2013 7:14pm Feb 9, 2013 7:14pm
I will make a video tomorrow on the way I am currently using the system on the 15M Oanda/5M Metatrader charts. I will go over many kinds of currencies, so that everyone can get a better idea of proper entry points.
  • #104
  • Feb 10, 2013 5:06pm Feb 10, 2013 5:06pm
Quick look at the GBP/USD......
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  • #105
  • Feb 10, 2013 5:22pm Feb 10, 2013 5:22pm
NZDUSD
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  • #106
  • Feb 12, 2013 7:26am Feb 12, 2013 7:26am
Excellent system Ashur, when you have the time could you make a video about the selection of Low and High that u make for the fibo retrace, that one has me confused, as sometimes you have chosen color change candle and sometimes just a Lower High, Higher Low. Thanks again for displaying this innovative use of fibo.
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  • #107
  • Feb 12, 2013 3:55pm Feb 12, 2013 3:55pm
Quoting max pain
Excellent system Ashur, when you have the time could you make a video about the selection of Low and High that u make for the fibo retrace, that one has me confused, as sometimes you have chosen color change candle and sometimes just a Lower High, Higher Low. Thanks again for displaying this innovative use of fibo.

Most certainly, I apologize for the delay I've been busy with outside work! I'll have that up for everyone soon.
  • #108
  • Feb 12, 2013 4:00pm Feb 12, 2013 4:00pm
RE-ENTRIES on the AUDUSD and GBPUSD
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  • #109
  • Feb 12, 2013 6:42pm Feb 12, 2013 6:42pm
Quoting ashur123
RE-ENTRIES on the AUDUSD and GBPUSD
I think Break Evens after reaching TP1 or 1.618% of fibo would keep out of SL and keep the winning positions from Losing out or maybe double buying and selling out half the lot @ BE would pocket the profit and keep the trade safe?
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  • #110
  • Feb 14, 2013 8:53am Feb 14, 2013 8:53am
EURUSD SELL in progress
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  • #111
  • Feb 18, 2013 1:41pm Feb 18, 2013 1:41pm
This system looks very good,thanks for sharing.Can you explain please,what is your money management for this metod.
  • #112
  • Mar 12, 2013 5:53am Mar 12, 2013 5:53am
I've been enjoying this method for a few weeks now, trading 1m, not following exactly as posted but same concept, trading off the new daily highs and lows. Much appreciated.
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  • #113
  • Mar 12, 2013 8:28am Mar 12, 2013 8:28am
Last hit tp, then a great entry from new daily high. I didn't see it in time. :nerd:
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  • #114
  • Mar 13, 2013 3:35pm Mar 13, 2013 3:35pm
Quoting jmag
Last hit tp, then a great entry from new daily high. I didn't see it in time. :nerd:

I'm glad you're benefiting from it. I am currently only using it on the Daily and 1 hour charts because of how my daily schedule is. Keep the profits coming!
  • #115
  • Mar 14, 2013 1:24am Mar 14, 2013 1:24am
Hello,
Could you please show as one samply of H1 AND D1 chart.
Best Regards.
Bülent
  • #116
  • Mar 31, 2013 6:57pm Mar 31, 2013 6:57pm
Hello everyone, I've uploaded a new video on some of the trades that I am currently in and also of an upcoming trade. We will prepare ourselves to BUY the GBP/CHF soon(within a week or so).

Inserted Video
  • #117
  • Apr 2, 2013 12:41pm Apr 2, 2013 12:41pm
Can someone please explain the logic of this system. The only thing that is logic to me is the stoploss. Why do we buy when all emas are under cog ? seems to be counter trend ? And the fibbs for target what is the logic there i just cant see it ? But it is intresting if it can keep being profitable.


Best regards
  • #118
  • Apr 2, 2013 3:27pm Apr 2, 2013 3:27pm
Quoting jgadefelth
Can someone please explain the logic of this system. The only thing that is logic to me is the stoploss. Why do we buy when all emas are under cog ? seems to be counter trend ? And the fibbs for target what is the logic there i just cant see it ? But it is intresting if it can keep being profitable. Best regards
When all the MA's cross the COG it's a sign that the markets are preparing to reverse. We use the previous signals fibo target to determine when the estimated reversal point is. So we would go to our last SELL signal and draw our fibo lines and see what the take profit/turning point would be.
  • #119
  • Apr 2, 2013 9:37pm Apr 2, 2013 9:37pm
Cant you post all the trades you tkae here and follow up it would be intresting to see how you doing in a week especially on the lower timeframes. Maybe also with a daily sumation over hwo it has gone winners and loosers and so on. Please


Best regards
  • #120
  • Apr 4, 2013 9:10pm Apr 4, 2013 9:10pm
I would also like to see because sometimes I just confusing to my account
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