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My Market Order System

  • #821
  • May 2, 2014 2:25pm May 2, 2014 2:25pm
Quoting carlostedo
First thanks for this thread, you guys help me a lot with my traiding knowlege does semafor indicator repain? Have a nice weekend
are u realy ask it??...
when GOD brings you a challenge he also gives you the power to deal with it
  • #822
  • May 2, 2014 2:26pm May 2, 2014 2:26pm
Quoting taru
{quote} Thanks for your post. Would you like to share your solution to the problem of repainting?
yes, just removed it as i saw its bad one..
when GOD brings you a challenge he also gives you the power to deal with it
  • #823
  • May 2, 2014 2:53pm May 2, 2014 2:53pm
Quoting eitan1010
{quote} yes, just removed it as i saw its bad one..
Do you mean to remove the semafor indicator from trading?
The trader IS the holy grail.
  • #824
  • May 2, 2014 5:07pm May 2, 2014 5:07pm
Quoting taru
{quote} Do you mean to remove the semafor indicator from trading?
well..i did it, thats the reason for no post here anymore..

GL and have best weekend.
when GOD brings you a challenge he also gives you the power to deal with it
  • #825
  • May 2, 2014 11:20pm May 2, 2014 11:20pm
From your point,these three charts are good signal to trade right~
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpjpydaily.png Size: 47 KB
Click to Enlarge Name: gbpusddaily.png Size: 44 KB
Click to Enlarge Name: silverdaily.png Size: 44 KB
Everyone can find their HolyGrail
  • #826
  • May 2, 2014 11:54pm May 2, 2014 11:54pm
Quoting eitan1010
{quote} well..i did it, thats the reason for no post here anymore.. GL and have best weekend.
Ok now I get it.

May I ask on what time frames did you try bobhowson's strategy? I'd appreciate that info because I'm trying it on H4 and D1 (the latter with a slight modification) and getting great results so far.
The trader IS the holy grail.
  • #827
  • May 4, 2014 11:34am May 4, 2014 11:34am
Quoting taru
{quote} Ok now I get it. May I ask on what time frames did you try bobhowson's strategy? I'd appreciate that info because I'm trying it on H4 and D1 (the latter with a slight modification) and getting great results so far.
it won't work for the long run!!!,..i tried it on 4hrs + daily! with some filters and i figure out that i dont need the semaphore indi..its useless for my trading style

(thats just me) there is lot of traders here that use it, for me its no need..

GL

Eitan.
when GOD brings you a challenge he also gives you the power to deal with it
  • #828
  • May 4, 2014 12:51pm May 4, 2014 12:51pm
Quoting eitan1010
{quote} it won't work for the long run!!!,..i tried it on 4hrs + daily! with some filters and i figure out that i dont need the semaphore indi..its useless for my trading style (thats just me) there is lot of traders here that use it, for me its no need.. GL Eitan.
Thanks Eitan and good luck to you too.

Tariq
The trader IS the holy grail.
  • #829
  • May 5, 2014 3:06am May 5, 2014 3:06am
Quoting tai9127
From your point,these three charts are good signal to trade right~ {image} {image} {image}
Hi Tai

G/J looks like a good entry, I have taken that one.
In my opinion G/U does not look like a high probability trade.
I don't trade Silver.

Happy trading.
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #830
  • May 5, 2014 3:12am May 5, 2014 3:12am
Quoting taru
{quote} Thanks for your post. Would you like to share your solution to the problem of repainting?
Hi Taru

As you know, the semaphore indicator repaints, there is no way around that. However, that does not mean that it can't help us in making decisions for our trading.

Some things to consider when you get a 3ball semaphore signal are: Trend, supply demand areas, psych areas etc.

Here are Bob's rule from his first post

Happy trading
Ezzy

1) 3 Level ZZ Semafor Indicator... That's It !

THE RULES FOR UP TREND

1) Only Trade The Daily Charts

2) Ensure You Have A Nice Trend

3) ALL TRADES ARE MARKET ORDERS

4) Place Your STOP LOSS UNDER The GREEN DOT After It Closes

5) Place Your BUY STOP ORDER10 Pips Or So Above The GREEN DOT

6) Keep Moving Your Stop UP Every 50 or So Pips

7) Close The Trade When A PINK or RED DOT Appears.

That's It !



What you do is a reflection of you....what I do is a reflection of me.
  • #831
  • May 5, 2014 4:29am May 5, 2014 4:29am
This's my way about this system.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpydaily.png Size: 96 KB
Everyone can find their HolyGrail
  • #832
  • May 5, 2014 2:09pm May 5, 2014 2:09pm
Quoting Ezzy
{quote} Hi Taru As you know, the semaphore indicator repaints, there is no way around that. However, that does not mean that it can't help us in making decisions for our trading. Some things to consider when you get a 3ball semaphore signal are: Trend, supply demand areas, psych areas etc. Here are Bob's rule from his first post Happy trading Ezzy 1) 3 Level ZZ Semafor Indicator... That's It ! THE RULES FOR UP TREND 1) Only Trade The Daily Charts 2) Ensure You Have A Nice Trend 3) ALL TRADES ARE MARKET ORDERS 4) Place Your STOP LOSS UNDER The GREEN...
Hi Ezzy
Thanks for the pointers. Really appreciated.

Tariq
The trader IS the holy grail.
  • #833
  • May 6, 2014 4:26am May 6, 2014 4:26am
Quoting Ezzy
Game of patience Still hanging on to these two. The a/j does not look as good, but I am committed to see it through. {image} {image}
USD/JPY was closed early
USD/CHF trade reached my target
usdchfdaily.png

GBP/JPY currently in minus, but patience is important with this type of trading.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdchfdaily.png Size: 41 KB
Click to Enlarge Name: gbpjpydaily.png Size: 43 KB
What you do is a reflection of you....what I do is a reflection of me.
  • #834
  • May 6, 2014 5:47am May 6, 2014 5:47am
What is 3 ZZ samafor indicator? please explain.
  • #835
  • May 6, 2014 6:43am May 6, 2014 6:43am
I would advise staying away from 3ZZ repaints like MSpaint...
Follow Eitan Trading method...
Creditors have better memories than debtors.
  • #836
  • May 6, 2014 7:26am May 6, 2014 7:26am
Quoting ForexSwag
I would advise staying away from 3ZZ repaints like MSpaint... Follow Eitan Trading method...
Yes Forexswag, indicators that repaint are not for everyone, I would not follow signals blindly from any indicator, repaint or not. Thats why the rules by Bob on the first post are important. Perhaps another system might suit you better. I believe that a system that works for one person may not suit all. For example, this system is giving me the best results since I have started trading, many years ago. As they say, horses for course.

Happy trading
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #837
  • May 6, 2014 2:22pm May 6, 2014 2:22pm
Quoting Ezzy
{quote} Yes Forexswag, indicators that repaint are not for everyone, I would not follow signals blindly from any indicator, repaint or not. Thats why the rules by Bob on the first post are important. Perhaps another system might suit you better. I believe that a system that works for one person may not suit all. For example, this system is giving me the best results since I have started trading, many years ago. As they say, horses for course. Happy trading Ezzy
I agree. I have realized that repainting is actually beneficial as the indicator's logic reacts to changing price action. By doing so, it warns that the current trend is continuing and the reversal point is yet to come. This is crucial information.

I've been thinking that maybe it'll be better to wait for the candle immediately following the one with the semafor to close and enter a trade only after seeing that the signal didn't repaint. Hopefully this will filter out false signals.
The trader IS the holy grail.
  • #838
  • May 7, 2014 2:19pm May 7, 2014 2:19pm
Since yesterday, I have placed 12 trades after waiting for candles immediately following the ones with the semafor to close and not a single one has repainted. Currently I have 23 open trades on H4 with +933 pips of floating P/L. Lets see how it goes.
The trader IS the holy grail.
  • #839
  • May 7, 2014 11:02pm May 7, 2014 11:02pm
Quoting taru
Since yesterday, I have placed 12 trades after waiting for candles immediately following the ones with the semafor to close and not a single one has repainted. Currently I have 23 open trades on H4 with +933 pips of floating P/L. Lets see how it goes.
Wait for your good news bro.I got profit by this system in two days.Almost 85%,amanzing!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2014-05-08-12-00-39.png Size: 88 KB
Everyone can find their HolyGrail
  • #840
  • May 8, 2014 2:43pm May 8, 2014 2:43pm
What system is this tai9127 and where did you find it?
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