And I want to ask about this chart. I entered SHORT. Is it the right step ? without using MTF HA indi (which showing LONG Trend)
[image]http://charts.mql5.com/2/430/usdchf-m30-e-global-trade.png[/image]
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
{quote} Hi, Luigi. Im interested in this system. And Im quite confuse with your trading style. When is the perfect time you enter the position ? And I want to ask about this chart. I entered SHORT. Is it the right step ? without using MTF HA indi (which showing LONG Trend) http://charts.mql5.com/2/430/usdchf-m30-e-global-trade.png
Frist of all , i'm not Dredding 82 so , if you are confuse with my trading style is not a problem, i'm not the man who made this system , and you can ignore my work,
and start building an your trading style. right? and you can PM to Mr Dredding82 if you have some questions about troble on charts , i think he is a nice guy and
if you are a nice guy too , he is happy to help you, if he can.
About your question:
what i see on your chart is that you ignore the MTF indy , it show all green = up trend and i only buy i don't sell, i think you sell becouse you see the yellow dot up at the top... i don't sell in this way , i wait for a new buy chance, becouse in my opinion that is a counter trend shot and i don't counter trend trade low R/R low W / R
don't trade the usd/chf becouse is the opposite of eur/usd if you check the charts it is easy to understand that it is clear for me, eur/chf usually is flat ,
for other people i don't know.
I don't like the eur usd in this time with this system, becouse if you take a look at weekly chart is not on a clear trend ,
since this system is a trend system it works well on pairs in trend .
This are my opinions about this system . I hope people with other opinions they share .
About mtf i look at H1 chart becouse it shows all the up TF, if on H1 all colour the i look at TF 15 or 30 MIN.
if looking only at 30 min you don't see the MN line and you may be against the main trend, the same thing for the 15 MIN charts.
So in my opinion is not a good time for eur/usd or usd/chf with this system. but i'm not a multimilionaire guru.
IF the GBP/USD break the down box... and EUR/GBP star to sell.. may EUR/USD break down? i don't know
and then it seems that the USA start a new big war,
i know, i know it is not a new in FF so it is not a treder new
but i like stay out of the market with real money in this day
and test the crash point of the system with this great trouble,
and when i see a new trend birth.. i will jump up.
For when enter , i like the freebie candle with the stoch cross,
and for take boloso i want to see the cross stoch and pivot fail and freebie candles
I think you need little money management like 30 pips stop 0.1 lot may be 60pips 0.05 lot ?.. so you risk always the same % of your capital
by the way ... my favourite song : ALL the same colors on all TF in indy trend i take trade!
other questions ?
"" i'm breaking charts in the hot sun , i found the trend and i won ! ""
+90 pips in seven 15 Min candles
the indy in on H1 chart is the old version becouse there are problems with data broker, but all the line on H4 was red..so i only sell.
"" i'm breaking charts in the hot sun , i found the trend and i won ! ""
For SHORT
1. Wait for RED DOT on chart
2. Wait till MTF HA (H1, H4, D1) is all RED
3. Stoch is crossing. (Do we need to wait till stoch level is 90% ?)
For LONG
1. Wait for GREEN DOT on chart
2. Wait till MTF HA (H1, H4, D1) is all GREEN
3. Stoch is crossing. (Do we need to wait till stoch level is 10% ?)
{quote} What I can see here. The strategy is : For SHORT 1. Wait for RED DOT on chart 2. Wait till MTF HA (H1, H4, D1) is all RED 3. Stoch is crossing. (Do we need to wait till stoch level is 90% ?) For LONG 1. Wait for GREEN DOT on chart 2. Wait till MTF HA (H1, H4, D1) is all GREEN 3. Stoch is crossing. (Do we need to wait till stoch level is 10% ?)
By the way , the right entry with boloso in my opinion should be these
Market on trend... wait for a new low or high ( trend is up or trend is down) and place a pending .
for boloso you don't need stoch , pivot .
Since price is fast pull back without touching my TP for 5 pips i'm gonna close the shot on eur/nzd +30, more +90 of this morning .
"" i'm breaking charts in the hot sun , i found the trend and i won ! ""
- #389
- Edited 8:34am Sep 4, 2013 8:20am | Edited 8:34am
- | Joined Jul 2013 | Status: Trader | 111 Posts
{quote} Hello Luigi Thank you very much for your information please Show us more chart if posible early morning ( London open time) Best Regards. Bülent.
I think is to much difficult
for me , post charts in real time and FF stop to send me email when new post are made, i don't know why,may be somebody mark me at FF headquarters
. Mother of stupid is every time making children 
By the way try to take a pic of all your trade or set up it doesn't matter if there is not the entry line , demo , demo , demo.
mark the entry point ,and made an album with your pic.
why? if you do that with your comment , soon you will be able to find nice pattern , set up , entry point , fast in time.
if you use the frist system, if you don't want to stay out to much time from the game, you can take shoot like today on AUD /USD
on 15 Min chart all green in the middle of the day ,up on pivot
and the exit may be the daily range it is at the same line that the pivot, try to check out .
By the way , in my opinion the war of USA is making trouble and problems , stay out is better.
it is a very hard time for learn how to trade,
no trend on market..
if we are trading the trend and there are no trends on market 
, at what we shoot? I'm going to conclude my words
i'm very happy , after a lot of time to have been able , to post pics who can help people in the undertanding of market movements.
i'm very happy to do that here, becouse i learned a lot, and i'm very grateful to Mr Dredding82 for all he has done for us .
Finally got to give my contribution with the pics i posted. That's all .
"" i'm breaking charts in the hot sun , i found the trend and i won ! ""
{quote} Okay let me back test it then. As you can see in the picture . 3 MAGENTA LINE. it is the PENDING ORDER am i correct ? is it because , the colour of MTF HA is all the same ? so the step is like this . 1. check yellow DOT. If it is down below, then the BUY TREND started. 2. Pending Order at RED DOT , but only IF ! the colour of MTF HA is all the same which is Blue (for BUY TREND) please say Im correct. 2 trade today. 1 profit with $4. 1 losing with $7. help me Luigi. dying here. {image}
you are a great follower of this thread !
http://www.forexfactory.com/showthread.php?p=6933880#post6933880
the 4 pics of post.
close all when price stop move at 1.55735 your green line , more than 20 candles stop movement, why not close?
"" i'm breaking charts in the hot sun , i found the trend and i won ! ""
{quote} Hi , i don't want dying
with new question. hahafirst of all, I would like to say thanks to you, keep on making me crystal clear about this system. now, straight to the question.
1. What is your main strategy when opening a position ?
Is it using stoch cross + MTF HA ? (Then what is the function of the zig zag price action really for ?)
2. Is it okay, If let say :
Long Position :
All colour MTF HA is Green + Stoch Green line crossing on red from below + SS Semafor (Yellow DOT) is at bottom indicating Buy trend /
Short Position :
Vice versa
{quote} hi luigi. Im back
a pic for all your questions,
i see when there is trend, entry point of the two systems it is +/- at the same level , with first system entry are at candle close of the vertical yellow lines ,
with boloso entry points are at horizontal blue box . These is my favourite entry system, when the two systems work together.
"" i'm breaking charts in the hot sun , i found the trend and i won ! ""
{quote} Hi demolationz a pic for all your questions, i see when there is trend, entry point of the two systems it is +/- at the same level , with first system entry are at candle close of the vertical yellow lines , with boloso entry points are at horizontal blue box . These is my favourite entry system, when the two systems work together. {image}
As normal condition , SEMAFOR must be like this (DOWN - UP - DOWN - UP and so on.) But I found this case where it goes like this (UP - DOWN - UP - UP - UP)
Can you explain to me ? And how to encounter such this trend ? where to enter position. Tq
{quote} Thanks luigi for the explaination. After several backtest, I found this problem. As normal condition , SEMAFOR must be like this (DOWN - UP - DOWN - UP and so on.) But I found this case where it goes like this (UP - DOWN - UP - UP - UP) Can you explain to me ? And how to encounter such this trend ? where to enter position. Tq
for semafor post 52
and post 383 for the pair
"" i'm breaking charts in the hot sun , i found the trend and i won ! ""
{quote} for buy , pending at red dot for semafor post 52 and post 383 for the pair
Luigi, here's another example, is it okay , if Im asking too much question ?
Perfect entry point which is no (1) and no (2) . But the thing is, after trigger the order of no (1) . it only manage to goes up by 10 pips. before going down back.
How will you deal with this ?
{quote} Thanks luigi . Although , Im quite not yet understand of it. Still learning though
happy to see that you take pics of your work with marking details , and i hope you make a little album on your pc, and in weekend time when market is close
you could take a look at what you have done in the week .
Like the rules of thread say , don't post questions
""" What is a BS question you ask? ANY QUESTION THAT HAS ALREADY BEEN ANSWERED MORE THEN ONE(1) TIME!** """
on your pic,
for me entry point n2 is not so nice , but i may be take it, and jump out of the market when i see the pin candle forming a double top.
i don't take entry n1 too far away in the past. Also there are two green dot forming a double bottom, one where you wrote up trend
and the other is under green n 2... price is not making HL
but these are my opinions , and looking a chart each one has that different
"" i'm breaking charts in the hot sun , i found the trend and i won ! ""
- #399
- Sep 6, 2013 9:57am Sep 6, 2013 9:57am
- | Joined Dec 2009 | Status: Trader | 1,171 Posts
This looks like a good spot for a sell order 
