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New profitable System - Sidus

  • #61
  • Jul 10, 2006 5:16am Jul 10, 2006 5:16am
Quoting bao1980
i recommend you put real money in to trade this system . i know it could make you money.thank you
Thanks for your trust, but please, trade my method on a demo account for a couple of months. First you have to be sure that this is the right system for you and than you can start making money !!!
  • #62
  • Jul 10, 2006 9:04am Jul 10, 2006 9:04am
Quoting Sidus
Thanks for your trust, but please, trade my method on a demo account for a couple of months. First you have to be sure that this is the right system for you and than you can start making money !!!
This a great system, been using it on my demo and avg. almost 45-60 pips a day, while working a 9-5 job.....thanks sidus!!!
CRAIGSLIST BARTERING CHAMPION
  • #63
  • Jul 10, 2006 9:27am Jul 10, 2006 9:27am
This system need to be coded, because in real making money, i dont want to sit in front of computer a wait for crosses.In chart like 4H it is possible but there this system is not so special.So let's code now!!!!
  • #64
  • Jul 10, 2006 11:14am Jul 10, 2006 11:14am
Quoting hondakorn
This a great system, been using it on my demo and avg. almost 45-60 pips a day, while working a 9-5 job.....thanks sidus!!!
This is great! Wich timeframe do u use since you have a fulltime job?
  • #65
  • Edited Jul 11, 2006 8:27am Jul 10, 2006 12:37pm | Edited Jul 11, 2006 8:27am
Quoting Sidus
This is great! Which timeframe do u use since you have a fulltime job?
1h, 4h and daily....and hedge it with usd/chf....I wake up at 6am to get ready for work and look for crosses and other trend indicators, then set set my trades, monitor the mkt with dailyfx...
CRAIGSLIST BARTERING CHAMPION
  • #66
  • Jul 11, 2006 7:50am Jul 11, 2006 7:50am
I'm working on a second version of my method. Please if you have comments or improvements. Let me know!!!!

If somebody could figure out a good money managment plan for my system let me know, I will include it in my next version!
  • #67
  • Jul 11, 2006 9:13am Jul 11, 2006 9:13am
That tunnel is a beauty, it's amazing how it holds it's shape for large trends, although I don't know if I would have the balls to ride them out. As Vegas pointed out there are some sweet profits to be had by exiting at fib profit targets, later confirmed by Sidus.

I wonder since the tunnel is stable if you could take the profit at a good risk reward return and then hop back in on rend continuations provided the tunnel holds it's form. Just my 2cents. This way the spread fee you pay for reentry is covered by the extra pips you made.

Hope that makes sense.
  • #68
  • Jul 11, 2006 10:33am Jul 11, 2006 10:33am
Quoting hondakorn
1h, 4h and daily....and hedge it with usd/chf....I wake up at 6am to get ready for work and look for crosses and other trend indicators, then set set my trades, monitor the mkt with dailyfx...
Can you give us an example on the hedging part of this?

Thanks
Johnny
JohnnyPhoenix He who controls the SPICE controls the Forex universe!
  • #69
  • Jul 11, 2006 11:32am Jul 11, 2006 11:32am
Quoting JohnnyPhoenix
Can you give us an example on the hedging part of this?

Thanks
Johnny
no problem, go to dailyfx and look at the correlation between between usd/chf and eur/usd on a chart overlay.......the usd/chf is more volatile and allows you to pick up a few extra pips. When the wma's cross up enter a long on the eur/usd and short usd/chf....when it crosses down, do the opposite.....you can also use the usd/chf to confirm a trend on the eur/usd......i have only been using a demo though.....and i think you earn interest aslo for long positions on the usd/chf, if i am not mistaken.......
CRAIGSLIST BARTERING CHAMPION
  • #70
  • Jul 11, 2006 1:05pm Jul 11, 2006 1:05pm
What particular behavioral pattern of the markets makes this system work?
  • #71
  • Jul 11, 2006 1:27pm Jul 11, 2006 1:27pm
Quoting hondakorn
no problem, go to dailyfx and look at the correlation between between usd/chf and eur/usd on a chart overlay.......the usd/chf is more volatile and allows you to pick up a few extra pips. When the wma's cross up enter a long on the eur/usd and short usd/chf....when it crosses down, do the opposite.....you can also use the usd/chf to confirm a trend on the eur/usd......i have only been using a demo though.....and i think you earn interest aslo for long positions on the usd/chf, if i am not mistaken.......
But what about the PIP differential? The Eur/Usd is $10 per pip and the CHF is around (not sure) $8 or so. The interest part is nice to earn. Can you supply us is some sample trades you've done on this and what was the outcome.
It is interesting and would like to use it if it is worth it.

Johnny
JohnnyPhoenix He who controls the SPICE controls the Forex universe!
  • #72
  • Jul 11, 2006 1:36pm Jul 11, 2006 1:36pm
Quoting JohnnyPhoenix
But what about the PIP differential? The Eur/Usd is $10 per pip and the CHF is around (not sure) $8 or so. The interest part is nice to earn. Can you supply us is some sample trades you've done on this and what was the outcome.
It is interesting and would like to use it if it is worth it.

Johnny
I can't post trades now, im at werk...lol.....im actually not even supposed to be on this site....rofl......when I get off werk ill post a few trades for ya....

Far From Average: I use it in a trending market
CRAIGSLIST BARTERING CHAMPION
  • #73
  • Jul 11, 2006 1:49pm Jul 11, 2006 1:49pm
Hey sidus,

here's my first (hypothetical) trade using your system. what do you think? enter at 1.8439. thanks for posting your system!

Nat
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  • #74
  • Jul 11, 2006 1:53pm Jul 11, 2006 1:53pm
woulda taken it on my real account too, 'cept I was too busy listening to raghee horner yak it up hehehe. Oh, well, there will be other opportunities for sure. Let's all try to make this already good method even better!
  • #75
  • Jul 11, 2006 1:53pm Jul 11, 2006 1:53pm
Quoting hondakorn
no problem, go to dailyfx and look at the correlation between between usd/chf and eur/usd on a chart overlay.......the usd/chf is more volatile and allows you to pick up a few extra pips. When the wma's cross up enter a long on the eur/usd and short usd/chf....when it crosses down, do the opposite.....you can also use the usd/chf to confirm a trend on the eur/usd......i have only been using a demo though.....and i think you earn interest aslo for long positions on the usd/chf, if i am not mistaken.......
Hi hondakorn,

Perhaps it was just a typo on your part, but going long the Euro and short the Swissy at the same time is not hedging. What you are doing is essentially doubling your position. Doing this is virtually the same as doubling your position on either the Euro OR the Swissy.

Doing any of the above is okay as long as it fits within the risk parameters of your money management method. But I don't see any point in doing it the way you are.

Did I misunderstand your intent here?

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #76
  • Jul 11, 2006 2:44pm Jul 11, 2006 2:44pm
Quoting diallist
Hi hondakorn,

Perhaps it was just a typo on your part, but going long the Euro and short the Swissy at the same time is not hedging. What you are doing is essentially doubling your position. Doing this is virtually the same as doubling your position on either the Euro OR the Swissy.

Doing any of the above is okay as long as it fits within the risk parameters of your money management method. But I don't see any point in doing it the way you are.

Did I misunderstand your intent here?

Dial
As i was typing my response, it clicked and I misunderstood what hedging was....im still new to this.....thanks again dial.....I thoght hedging was for ex: short eur/usd and long gpb/usd....
CRAIGSLIST BARTERING CHAMPION
  • #77
  • Jul 11, 2006 4:35pm Jul 11, 2006 4:35pm
Quoting hondakorn
As i was typing my response, it clicked and I misunderstood what hedging was....im still new to this.....thanks again dial.....I thoght hedging was for ex: short eur/usd and long gpb/usd....
Hi hondakorn,

Thanks for the clarification. Don't worry about being new, as we all started there. I'm an oldtimer relative to some, and still a student relative to others. Learning this game is a never ending process and I've found I can learn a new trick from newbies on occasion. That's why I asked the question. I suspected there was some subtle advantage to longEUR/shortCHF that I hadn't heard of before.

Thanks again, and good trading to you.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #78
  • Jul 11, 2006 5:17pm Jul 11, 2006 5:17pm
Quoting Sidus
System is uploaded, take a look at the first post.
I invite you to test and report

BTW: there is a great signal now: LONG EUR/GPB @ 0.6905
SIDUS: You're THE MAN

Tested for 3 days now (only EUR/USD) and made 120 US$ on two trades! Works like a breeze. I entered EUR/GBD LONG today, because there was a strong signal (red tunnel cross, and the wma's crossed the tunnel, too) but it is going south....loosing on that one, but it doesn't matter...so far it is an uncomplicated, easy to setup system and I have made some nice pips.

What went wrong with todays trade?
Well, for one thing EUR/GBD spread is more expensive, so any move in the wrong direction is costly. Second, well using FIBS with your system would give a finer entry/exit point - I bought too high....and third, well it is my fault (not the systems fault) as I became greedy and entered BEFORE the two red lines crossed = too early = risk too high, and then they just barely touched.

I will continue to test it. Once I reach the first Million, you will be my guest of honor on the yacht!!!

Peter.
  • #79
  • Jul 11, 2006 5:45pm Jul 11, 2006 5:45pm
Hi All,

Is it possible to use a white background on the charts, because it really suck my ink dry unnecessarily

For the record: Sidus Method is working for me. Cant wait to see the improved version.

Welldone Sidus!
Change Your Thinking. Change Your Life - JD
  • #80
  • Jul 11, 2006 5:52pm Jul 11, 2006 5:52pm
Imagine designing a system with artificial life modeling using super computers with genetic algorithms. Expose this artificial life to world derivative prices, and let the successful ones reproduce. The artificial life would have neural networks in place, and pattern recognition technology to sift through years of historical data to spot patterns and trends and execute.

Thats the future your looking at, and its closer then you think. As a trader you will be competing with computer systems without emotion. I think some of the large trading houses are already doing this.
Price is the only indicator.
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