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Nihilist Forex Indicators

  • #1,181
  • Jul 7, 2014 7:08am Jul 7, 2014 7:08am
Continuation of my last weeks trade, I have closed most of the trades in 24 hours of time that seems to be good for me.
Also its nice going with enough profits. I hope till this month end I should not burst this account.
I am going really slow trying out and checking all the possible ways to make a proper entry.
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  • #1,182
  • Jul 7, 2014 7:11am Jul 7, 2014 7:11am
Quoting Unknown_fx
Continuation of my last weeks trade, I have closed most of the trades in 24 hours of time that seems to be good for me. Also its nice going with enough profits. I hope till this month end I should not burst this account. I am going really slow trying out and checking all the possible ways to make a proper entry. {image}

That account is demo and I have 5000$ balance in it. The maximum negative side that reached is a trade in progress that is EUR.NZD that's right now -300$ its going against me right now.
  • #1,183
  • Jul 7, 2014 7:13am Jul 7, 2014 7:13am
Quoting Unknown_fx
Continuation of my last weeks trade, I have closed most of the trades in 24 hours of time that seems to be good for me. Also its nice going with enough profits. I hope till this month end I should not burst this account. I am going really slow trying out and checking all the possible ways to make a proper entry. {image}
this is quiet good.
  • #1,184
  • Jul 7, 2014 7:37am Jul 7, 2014 7:37am
Updated 1st trade taken today. G/J. SL is trailing in positive.
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  • #1,185
  • Edited 7:50am Jul 7, 2014 7:38am | Edited 7:50am
Thumbs up to Nihilist.
  • #1,186
  • Jul 7, 2014 7:43am Jul 7, 2014 7:43am
Quoting Unknown_fx
Continuation of my last weeks trade, I have closed most of the trades in 24 hours of time that seems to be good for me. Also its nice going with enough profits. I hope till this month end I should not burst this account. I am going really slow trying out and checking all the possible ways to make a proper entry. {image}
Hi,

Can you explain your entry and exit criteria
  • #1,187
  • Jul 7, 2014 7:52am Jul 7, 2014 7:52am
Quoting bedayan
{quote} Hi, Can you explain your entry and exit criteria
There is nothing big rule to follow up here,if you go through the 1st post then you will smell the method on how to do the entry and exit, its pretty simple,actually at the first sight of this topic on FOrex FActory, i just exited my way out to avoid thinking that its another hopeless system..............but frankly i have said many thanks to the author of this system and also admitted that This could be a possible holy grail of manual system.

Just go to the first post and you will find how simple the system is.
  • #1,188
  • Jul 7, 2014 7:58am Jul 7, 2014 7:58am
Quoting MKFXTrader
Updated 1st trade taken today. G/J. SL is trailing in positive. {image}
Which indicator do you use for round numbers and pivots?..
  • #1,189
  • Jul 7, 2014 9:31am Jul 7, 2014 9:31am
EUR/NZD is totally out of mind. Its going the wrong way.Touched the Year Low.
My entry is taking lot of hit from early morning.Expecting a Turn about checked all the analysis and expecting the MAcD to change the signals.

What i have found with this system?
You have to follow the
Trend
Check the Adx Box for maximum power.( Either Green or Red)
Basic S/R levels
Ema stats

I will be doing all this analysis to make sure that no entry goes wrong.
  • #1,190
  • Jul 7, 2014 9:50am Jul 7, 2014 9:50am
Quoting Unknown_fx
EUR/NZD is totally out of mind. Its going the wrong way.Touched the Year Low. My entry is taking lot of hit from early morning.Expecting a Turn about checked all the analysis and expecting the MAcD to change the signals.
What entry could it be There has been no long signal for EURNZD at least for a week now... if not even for month...
  • #1,191
  • Jul 7, 2014 9:57am Jul 7, 2014 9:57am
Quoting Indrek
{quote} What entry could it be There has been no long signal for EURNZD at least for a week now... if not even for month...
Ha ha ha....................Your having a doubt...............I too did not carefully do my analysis after i woke up from the bed today. Thats the reason Am hit on that entry.
20 Good trades and 1 bad trade.........lol
I just got in because there was a level which helped the price move upwards but its only a prediction,but due to the fake buy in the morning I got the hit................ROFL.
I will hold that trade for another two days waiting to see what happens at 1.55000, more over three more trades are open which are going good,I will make sure to take the risk and eur/nzd against me then I will cancel it with those trades that are on profit.

am fighting the EUR/NZD
  • #1,192
  • Jul 7, 2014 10:05am Jul 7, 2014 10:05am
Quoting Unknown_fx
{quote} Ha ha ha....................Your having a doubt...............I too did not carefully do my analysis after i woke up from the bed today. Thats the reason Am hit on that entry. 20 Good trades and 1 bad trade.........lol I just got in because there was a level which helped the price move upwards but its only a prediction,but due to the fake buy in the morning I got the hit................ROFL. I will hold that trade for another two days waiting to see what happens at 1.55000, more over three more trades are open which are going good,I will...
GL with that trade mate. I don't see how E/N is going up as RBN is raising rates while ECB is starting QE. I think we're going back down to test 1.50 - 1.52 range.
  • #1,193
  • Jul 7, 2014 10:10am Jul 7, 2014 10:10am
Quoting MKFXTrader
{quote} GL with that trade mate. I don't see how E/N is going up as RBN is raising rates while ECB is starting QE. I think we're going back down to test 1.50 support level.
Its not a predicted trade from my end, It was just a wrong one from my end.I totally accept it. That is the reason Am trying to cancel that trade using other trades. Just did not enter it carefully, its all the same------------ i enter then check the analysis and then start to sweat.........lol. Just having the feel of my bad entry style.............every one will analyze and then go for the entry and I do it vice versa..................sometimes my mind will get over ambitious and do this sort of things....................lol. I know it will not go with me.
  • #1,194
  • Jul 7, 2014 10:52am Jul 7, 2014 10:52am
Dear Nihilist,I am trying to understand how to read the ultra adx meter. column reads the TF from M1 to Monthly and row reads the adx power on 7 to 144. How does it relates to expected trend move? could you explain, please! TQ
http://www.forexfactory.com/attachme...1&d=1404722506
  • #1,195
  • Jul 7, 2014 11:03am Jul 7, 2014 11:03am
Quoting Unknown_fx
{quote} Its not a predicted trade from my end, It was just a wrong one from my end.I totally accept it. That is the reason Am trying to cancel that trade using other trades. Just did not enter it carefully, its all the same------------ i enter then check the analysis and then start to sweat.........lol. Just having the feel of my bad entry style.............every one will analyze and then go for the entry and I do it vice versa..................sometimes my mind will get over ambitious and do this sort of things....................lol. I know it...
Sounds like a strange way of trading If you use this system then it can be traded quite mechanically because colors tell all the story, and no need to analyze much. If conditions are met, enter. If not, stay aside.
If you are really trading, and not paper trading, then I suggest to reconsider your attitude ASAP
  • #1,196
  • Jul 7, 2014 11:20am Jul 7, 2014 11:20am
Quoting drmkhan
Dear Nihilist,I am trying to understand how to read the ultra adx meter. column reads the TF from M1 to Monthly and row reads the adx power on 7 to 144. How does it relates to expected trend move? could you explain, please! TQ {image}
read the first post, its all in there. Thanks.
Faith ends where worry begins, and worry ends where faith begins.
  • #1,197
  • Jul 7, 2014 11:25am Jul 7, 2014 11:25am
Quoting forexvegan
{quote} read the first post, its all in there. Thanks.
hello forexvegan, it is not so easy for a new comer to go back to all the posts. thanks for just summarizing and help the fellow trader.
  • #1,198
  • Jul 7, 2014 11:29am Jul 7, 2014 11:29am
Quoting Indrek
{quote} Sounds like a strange way of trading If you use this system then it can be traded quite mechanically because colors tell all the story, and no need to analyze much. If conditions are met, enter. If not, stay aside. If you are really trading, and not paper trading, then I suggest to reconsider your attitude ASAP
Thanks for your concern. Am right now on paper trading. So have to get bit used to it. I no bout my little trouble some attitude, I will try improving on the method.

Thanks Indrek for showing your concern. I know there are lot of people who can just say wow..........but only less who can speak on the face.
  • #1,199
  • Jul 7, 2014 11:31am Jul 7, 2014 11:31am
Quoting forexvegan
{quote} read the first post, its all in there. Thanks.
Thank you Forexvegan and Lanzo.
Lanzo is right. New trader like me do not understand well what we read. E.g. Is axd 7 takes precedent before 21, 21 before 42 sequence. If other squares are red but 7 is blue - what does it means?
Tq
  • #1,200
  • Jul 7, 2014 12:56pm Jul 7, 2014 12:56pm
Quoting drmkhan
{quote} Thank you Forexvegan and Lanzo. Lanzo is right. New trader like me do not understand well what we read. E.g. Is axd 7 takes precedent before 21, 21 before 42 sequence. If other squares are red but 7 is blue - what does it means? Tq
Dear drmkhan, thank you for your query about ultra ADX. The idea of the combination of this 5 different period's ADX is created by Mr. ForexAlien, i just coding in to make a indicator with some twicking. if you briefly know this indicator you have to follow the linked thread which on the 1st post.

thank you.
Every man who thinks ahead of his time is sure to be misunderstood.
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