The Hurt Locker System | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

PTL's Chart Storage Locker 242 replies

R2R's Chart Storage Locker 13 replies

Sharing hurt your method? 29 replies

Currency Volatility to Hurt Carry Trade, Goldman Says (Update3) 0 replies

Ouch!!!!!!!!!!!200 pip stops hurt! 12 replies

Attachments: The Hurt Locker System
Exit Attachments

The Hurt Locker System

  • #201
  • Jul 20, 2014 10:54am Jul 20, 2014 10:54am
Quoting sriloba
Today, in my radar, 2 pairs are trading with the 4 points : 4hour chart 1- Semafor signal --- semafor(34) is forming 2- SupDem --- is forming 3-AutoFibTradeZone --- Price trade in the OB/OS area ? 4-Stochastic --- OB/OS area ? Confirm the 4 points above : I) EurAud: 1- Semafor signal --- semafor(34) is forming 2- SupDem --- is forming 3-AutoFibTradeZone --- Price trade in the OS 4-Stochastic --- OB/OS area ? II) ChfJpy: 1- Semafor signal --- semafor(34) is forming 2- SupDem --- is forming...
EURAUD BuyStop at 1.44037
Everyone can find their HolyGrail
  • #202
  • Edited 5:35pm Jul 20, 2014 3:24pm | Edited 5:35pm
Soon, I will give you my pinpoint technic based on price patterns reversal in lower time frame once the signal in HTF (4hr chart) is formed with the 4 points (post#185).

We have 2 possibilities to enter a trade :

1) With indicators in current time frame
or
2) Price patterns reversal formed in LTF (1-2-3 reversal, divergence, TL break, etc...)

Stay tune!

Now, I'm going to take a fresh air in a park.
Being a fxtrader is not easy. Ones must working hard.
  • #203
  • Edited 5:43pm Jul 20, 2014 5:31pm | Edited 5:43pm
Hi! fellows traders,

How to pinpoint an entry once the signal (semafor34) is formed in 4hr chart with 4 criterias (see post#185) ?

-- With price patterns formed in LTF -- (15 min chart)


See charts below:


4hr chart :
Market:
1- Semafor signal --- semafor(34) is forming
2- SupDem --- is forming
3-AutoFibTradeZone --- Price trade in the OB
4-Stochastic --- OB area



:nerd:CRANK DOWN TO 15min CHART



-- We have a DIVERGENCE (When traded properly, you can be consistently profitable with divergences. The best thing about divergences is that you’re usually buying near the bottom or selling near the top. This makes the risk on your trades are very small relative to your potential reward.) *****
Read more: http://www.babypips.com/school/high-...#ixzz3835GcBbm

Then apply the rule of the hurt locker system.

BTW, I like a divergence then others price patterns reversal when I pinpoint an entry because *****.

We can apply others price patterns reversal like 123 reversal, TL break, etc...) to pinpoint an entry.

For me, DIVERGENCE, is the best
Attached Image (click to enlarge)
Click to Enlarge Name: pinpoint.png Size: 49 KB
Being a fxtrader is not easy. Ones must working hard.
  • #204
  • Jul 20, 2014 10:23pm Jul 20, 2014 10:23pm
Hi, sriloba, Can u give Trend_Slope.ex4 some more details or source code? I want to learn it deeply, Thanks.

Quoting sriloba
{quote} Sorry for very late reply. I don't have a source code. I got this indicator from my friend when he bought a simple system forex.

This is just a rename for the Hull Moving Average. You'll find lots of old favorites sold under fancy new names.

Dick
Attached File(s)
File Type: mq4 HMA Color nrp.mq4   3 KB | 450 downloads
  • #205
  • Jul 21, 2014 3:26am Jul 21, 2014 3:26am
Hi guys, I have a problem about using the supdem-indicator. I watched the video in post#1 and noticed, tai entered the short just shortly after the supdem indicator has drawn a fresh supply zone at the actual swing.
So my problem is, classic supply&demand trading is done by waiting for the price enters a zone that has been build by an older swing in the past.
But I also see some chart with trades that use the classic way.

So my question is, is the trade in that video a valid setup or not?

Thanks so much, Chris
  • #206
  • Jul 21, 2014 5:25am Jul 21, 2014 5:25am
Long ChfJpy @ 112.83 (see chart below)

Pinpoint a trade in LTF

30min chart

Down TL break confirmed by the rule of the Hurt Locker system
Attached Image (click to enlarge)
Click to Enlarge Name: Pinpoint.png Size: 47 KB
Being a fxtrader is not easy. Ones must working hard.
  • #207
  • Jul 21, 2014 5:43am Jul 21, 2014 5:43am
Today, there are not majors news. The market is low volatile. Be careful trading on Monday. Using ½ of full lot to make a trade like I'm doing now.

Example, you use $30 per pip to trade a full lot ----½ lot = $15 per pip.
Being a fxtrader is not easy. Ones must working hard.
  • #208
  • Edited 6:44am Jul 21, 2014 6:17am | Edited 6:44am
Use simple system to trade forex like the Hurt Locker system. Forex is a business of probability and confluent.

1- Probability : Most people trade with emotions - They heard news from others to decide a trade or lack of minimum of understanding forex, etc...
We analyse the market by using past datas to project the move of the future. Maybe that analysis is right or wrong. No system is perfect. That why we have to use money management wisely.

2- Confluent : Use some tools of forex to confirm a trade. First the news create the direction of price and the technic analysis is how we enter a trade.
All indicators are lagging. But we need this lagging indicators to confirm a signal. Trying to trade top or bottom is suicided. We have to sacrifice some pips to make pips.

Knowing the key levels of R/S is a key of success in trading. That why I like SupDem and Semafor indicators. When use them wisely is a golden technic analysis.
Being a fxtrader is not easy. Ones must working hard.
  • #209
  • Jul 21, 2014 6:57am Jul 21, 2014 6:57am
If you know how to trade bt this system,
the last two things you have to know is:

1:Control your money management.
2:Trade at small spread chart.
Everyone can find their HolyGrail
  • #210
  • Jul 21, 2014 9:56am Jul 21, 2014 9:56am
hi tai9127

I've been following your thread with interest, two questions:

1) I'm using a spread betting account AUDNZD the spread is 10 points ..to me that's a lot, what is your optimum or maximum spread ?
2) I have 15 pairs set up and have been running them for six hours, I have yet to spot a setup, is this unusual? What is your anticipation of trade frequency?

It'd be great to have guides to the above, thanks in anticipation...also many thanks for the trouble you have gone to presenting the system
  • #211
  • Jul 21, 2014 2:05pm Jul 21, 2014 2:05pm
My Long ChfJpy is closed +2 pips after 10 hours. I hope Asian session will give a small volatile.

Anyway, +2 pips is a win trade.

See you, next trade.
Being a fxtrader is not easy. Ones must working hard.
  • #212
  • Edited 3:40pm Jul 21, 2014 3:15pm | Edited 3:40pm
EurAud: Pinpoint for a better entry in order to produce early green pips.

4hr chart: Price is trading in OS area base on AutoFibTradeZone indicator and semafor(34) is still in play.

1hr chart: Stoch is OB -- Price will retrace --- red arrow --- wait for semafor(13) forms -- red cross

then jump to 15min chart and hoping to get a divergence price pattern (my favorite one).

If everything goes as planned we expect Long trade -- green arrow

See you soon
Attached Image (click to enlarge)
Click to Enlarge Name: pinpoint.png Size: 77 KB
Being a fxtrader is not easy. Ones must working hard.
  • #213
  • Jul 22, 2014 4:47am Jul 22, 2014 4:47am
Would someone be so kind to answer this? Would be very apreciated. Thanks
Quoting chjungen
Hi guys, I have a problem about using the supdem-indicator. I watched the video in post#1 and noticed, tai entered the short just shortly after the supdem indicator has drawn a fresh supply zone at the actual swing. So my problem is, classic supply&demand trading is done by waiting for the price enters a zone that has been build by an older swing in the past. But I also see some chart with trades that use the classic way. So my question is, is the trade in that video a valid setup or not? Thanks so much, Chris
  • #214
  • Jul 22, 2014 8:07am Jul 22, 2014 8:07am
a question for tai9127 (or anyone else who knows)

when getting a signal to close a trade on the appearance of the number 2, should one do it immediately or wait till the close of the candle?
  • #215
  • Jul 22, 2014 9:44am Jul 22, 2014 9:44am
GBPJPY....
short setup....

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.2.png Size: 101 KB
  • #216
  • Jul 22, 2014 9:56am Jul 22, 2014 9:56am
I do no waths wrong with those system

I just lose -67 and -82 on GBP/JPY and EUR/JPY

iMJUST FOLOW INSTRUCTION ON 4h CHARTS ​
  • #217
  • Jul 22, 2014 9:58am Jul 22, 2014 9:58am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 102 KB


Is it normal for price to go into the zones like that?
YOUR MOTHERS ASS
  • #218
  • Jul 22, 2014 10:13am Jul 22, 2014 10:13am
Quoting santos23
{image} Is it normal for price to go into the zones like that?

Yes for this sytem so it is unles...

mee happen same think..
  • #219
  • Jul 22, 2014 10:17am Jul 22, 2014 10:17am
Quoting santos23
{image} Is it normal for price to go into the zones like that?
Sure. Remove HA and you will see the supdem zone is based on a engulfing pattern. So its not really a zone. The indy interprets and draws it as such though.
  • #220
  • Jul 22, 2014 10:17am Jul 22, 2014 10:17am
Quoting robinkm
a question for tai9127 (or anyone else who knows) when getting a signal to close a trade on the appearance of the number 2, should one do it immediately or wait till the close of the candle?
I prefer the candle closes before enter a trade. It is a conservative entry and the chance of wins are more than lost.

As soon as the hurt locker signals are closed I enter a trade. Signal2 (semafor13) appears because, maybe there is a Top/Bottom at that moment. Price may breach that Top/Bottom and continue its course.

Hope this help you
Being a fxtrader is not easy. Ones must working hard.
0 traders viewing now