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A "new" simple system based on MA

  • #1,361
  • Aug 25, 2014 1:31am Aug 25, 2014 1:31am
Quoting hmaoui
Ok. I entered short on the Dax30 at 9390. We have a clear downtrend on the daily chart confirmed by DMI and MACD and a good rally from 8900 to 9400. Stochastics are overbought on the daily TF too and price are stopped by hard resistance near 9400 (LT EMAs and resistance level). Now on the 1mn TF, we have a break of the EMAs followed by a rally confirmed by stochastics overbought level and little candles. I took half of my profit at the pivot point (9357) for 30 pips of profit. I put my S/L at B/E ofr the other half and I manage my tade on the 15mn...
Hello ! My trade is totally exited now. The last 10% are a loss because of the gap (open @9406) : this is the risk woth overnight position and that is why I advise you to keep only a little part of your initial position during the week-end ! But that'os ok : it's trading.
  • #1,362
  • Aug 25, 2014 1:36am Aug 25, 2014 1:36am
Quoting hmaoui
Here is a EUR/USD analysis I gave to my "classroom". You can see that even on long term this system can be traded. For swing traders, it was 230 pips of profit on half of the position and now more than 400 pips of virtual profit. At the minimum the profit will be of 250 pips on the second half because the SL is now @1,3450 level. {image}
Hello ! Whereas there is a gap leading us to a loss on the dax, there is a very good news in the €/$ : we are now under 1.3200 level ! We can trail our stop putting it @1.33 so minimum profit will be 350 pips.

Finally this is a very good monday...:-)
  • #1,363
  • Aug 28, 2014 9:50am Aug 28, 2014 9:50am
Hello！First please forgive for my poor English,because its not my major language.
I have read all your threads carfully and think its simple and fantastic.I also tried your system in my demo account.
As you say ,its a system with low risk and high profit.I think so.its important to wait for the A+ timing to enter.For me ,there is one problem.
I always enter the right direction when i think which is a A+ setup.but the price always hit my stoploss and goes to the direction i initial think is.
i think its OK to have a loss.but can you give some suggestions to rise the win rates! Thanks very much!​
  • #1,364
  • Aug 30, 2014 9:38am Aug 30, 2014 9:38am
Quoting hmaoui
{quote} Hello ! Whereas there is a gap leading us to a loss on the dax, there is a very good news in the €/$ : we are now under 1.3200 level ! We can trail our stop putting it @1.33 so minimum profit will be 350 pips. Finally this is a very good monday...:-)
We are always in our short €/$. If we look at the wekkly chart, there is a strong support @1,28 level. This could be a long term target. On the daily chart we had a nice bearish candle on friday which indicates us that the trend is still bearish. I put my SL @1,3230 (little above the daily high from Friday) for a minimum of 420 pips of profit. The 1,30 level should be a support (very important RN) but it is n ot impossible to reach our long term target...
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  • #1,365
  • Aug 30, 2014 9:43am Aug 30, 2014 9:43am
Quoting youngmmi
Hello！First please forgive for my poor English,because its not my major language. I have read all your threads carfully and think its simple and fantastic.I also tried your system in my demo account. As you say ,its a system with low risk and high profit.I think so.its important to wait for the A+ timing to enter.For me ,there is one problem. I always enter the right direction when i think which is a A+ setup.but the price always hit my stoploss and goes to the direction i initial think is. i think its OK to have a loss.but can you give some...
If you are stopped that way it could be 2 things : wrong timing (not enough patient ?) or wrong stop (depends on your TF and the volatility). If your patience is ok (be sure of that), then I advise you to work on your SL level. ATR can help you to put the right SL. For example, if you trade on 1h TF, then look at the 1h ATR14 value and put it the value twice as a SL (ATR x 2). If you respect the rules and you are stopped putting ATR as a potential loss it means that the problem is your timing... Try it. Hope you underestood me (clear enough?).
  • #1,366
  • Aug 31, 2014 10:34am Aug 31, 2014 10:34am
Quoting hmaoui
{quote} If you are stopped that way it could be 2 things : wrong timing (not enough patient ?) or wrong stop (depends on your TF and the volatility). If your patience is ok (be sure of that), then I advise you to work on your SL level. ATR can help you to put the right SL. For example, if you trade on 1h TF, then look at the 1h ATR14 value and put it the value twice as a SL (ATR x 2). If you respect the rules and you are stopped putting ATR as a potential loss it means that the problem is your timing... Try it. Hope you underestood me (clear enough?)....
Yes,I do.Thanks very much for your patient interpretion! I will have a try.
  • #1,367
  • Sep 2, 2014 7:53am Sep 2, 2014 7:53am
Hello.

Here is a very bad trade that one of my student took. He went long and I asked him why : he told me that there is reversal move ! I answered him that if he wants to buy €, I will sell him with great pleasure. Even if I tried to explain him why it should be a bad trade, he was sure that he was right. So I let him take his trade, which ended with a loss. The important thing here is not that he lost some money, it is that he took a trade without any valuable reason except his ego ! He wanted to be the first to get the reversal point to show others that he is the best. It is a common error that every trader can make. I encouraged him to stop trading and to read his lessons again to understand why he was wrong.

If we analyse the trade, we can see that on higher TF, the trend is clearly bearish. And even on the 15mn TF the up move on the candle followed by a bearish one is clearly not a bullish pattern (if you dont know why, please do your job on japanese candlesticks - I dont have the time to explain here)! So we have a bad candlestick pattern, a long term trend still bullish, no confirmation of reversal on indicators etc...You cant go long ! But on the second pullback on the PP level, you can have a look on the 100 ticks chart to get a good entry point. Anyway a short trade is really less risky very much logical !!!
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  • #1,368
  • Sep 2, 2014 9:30am Sep 2, 2014 9:30am
Thanks Hmaoui, Psychology, psychology. Many trades I have taken, lost, and said later why did I take that trade? I am getting better though. I always say to myself, I don't HAVE to take this trade if it doesn't fit all the parameters, there is ALWAYS another good trade around the corner. And there always is!
  • #1,369
  • Sep 2, 2014 11:47am Sep 2, 2014 11:47am
Quoting wracinti
Thanks Hmaoui, Psychology, psychology. Many trades I have taken, lost, and said later why did I take that trade? I am getting better though. I always say to myself, I don't HAVE to take this trade if it doesn't fit all the parameters, there is ALWAYS another good trade around the corner. And there always is!
You are on the right way to succeed ! If you know that you took a bad trade, the next step will be to avoid to take these trades. This is a long process to change his psychology, but this is the key !!!
  • #1,370
  • Sep 3, 2014 3:28am Sep 3, 2014 3:28am
I exited my short trade on €/$ as there is a break of the recent high on the 15mn combined with the RN 1,3150. So the profit on the last half of the position is about 500 pips. If you add the other 250 pips on the first half it is 375 pips on the total position....stressfree and in less than a week !!! If you have a 10K$ account, it is 4 mini lots x 375 pips x 1$ = 1500$ or 15% ROI. What do you think about that ?
  • #1,371
  • Sep 3, 2014 1:58pm Sep 3, 2014 1:58pm
I have tested your system,seems to work well,allthough I did change stoch.to 2 7 3 and use MACD 12 26 4 on top of each other in the same box,works well.Thanks
  • #1,372
  • Sep 3, 2014 4:37pm Sep 3, 2014 4:37pm
Quoting traderdude
I have tested your system,seems to work well,allthough I did change stoch.to 2 7 3 and use MACD 12 26 4 on top of each other in the same box,works well.Thanks
Yes traderdude ! It works for sure....but your results depends more on your discipline and your psychology than on the setting of the indicators. If you feel more confortable with a stoch 2/7/3 and a MACD 12 26 4 instead of 12 26 9, that's ok. But definitively I dont think that it makes a hughe difference on the long term. But if it helps you to be more confident with the system, that's ok. But I advise you to work on the psychology too !
  • #1,373
  • Sep 7, 2014 8:46am Sep 7, 2014 8:46am
Can you introduce/write some books or articles,which mainly about the usage of indicators such as MACD and sto(not the simple usage ,but the advanced one),how to relax from trading and some other you think important.Thanks a lot!
  • #1,374
  • Sep 10, 2014 2:36am Sep 10, 2014 2:36am
Hello !

Just a post coz I see in the poll that ALL members who voted as the worst system of all have never made a post on the thread, nor posted a chart or asked a question. So, after some mails I received telling me that SONIC R is the best and only one profitable system, and these votes I suggest two things :

- If you are satisfied with this system and the information I delivered here for free, please take a minute to make a positive vote
- If you really think that this system is not profitable, before making a negative vote, please ask me what are the problems you meet with this system

By this way we will improve this system for sure even if it is still a good one, and maybe I will help you to master it. I am not here to hear about bullshits ! To tell you about the craps I receive by mail just an example : one FF member told me that this system cant be profitable because Guppy MMA dont work !!! I am fed up with those guys who dont know anything about trading ! My system is not only about Guppy MMA (so he didnt read the thread and the rules) and I remember all traders here that GMMA are only Moving averages, the most used trading tool in the world. Of course this is a lagging indicator....and that's why it is not the only tool used in this system.

Also, please post your charts, ask your questions to improve your mastery of this system. If you dont manage to be profitable with this system, I think the system is not the cause. I think the problem is you psychology, and that's why I always say you that the key is the trader psychology, not the system ! This is why I have a mentoring/coaching service and I deliver most of technical points of the system for free.

Have a nice day. Make pips. Stay positive.
  • #1,375
  • Sep 10, 2014 6:23am Sep 10, 2014 6:23am
Hmaoui,
I have paid thousands from other trading "experts" and got NOTHING. Your system is all I focus on now! I have applied it to the S&P EMINI 500 and it WORKS.Are their there refinements,yes, but the core is your sytem. I don't know why some people sit around and be critical of other systems and people's efforts, but they do.My trading has progressed with you and your sytem more than anything else. Once I figure out how to post some charts (LOL)I will show my trades. Thanks again!
  • #1,376
  • Sep 10, 2014 4:40pm Sep 10, 2014 4:40pm
Hmaoui,
Went to rate your system and now all your replies on the thread are listed as ignored. Have to click "view post" to see your response. Any way to undo this? Don't want to appear as I am blocking you posts.
  • #1,377
  • Sep 11, 2014 8:52am Sep 11, 2014 8:52am
Fiddled around on Forex Factory and got your posts back Hmaoui. All good.
  • #1,378
  • Sep 15, 2014 6:18pm Sep 15, 2014 6:18pm
Dear wracinti,

I am really happy to see that you improved your trading results with my system. Of course you can finetune it if you continue to respect the its phylosophy. I wont write again what is the phylosophy of the system (please read previous posts - first ones). I give you here a system which works on every time frame, on every currency, stock, or future. All for free ! Of course I give it for free because I know that it is not the most important to become successful, and also because I earn a lot of money now thanks to my trading. I didnt become successful fast : it took me many years of hard work to get my financial freedom ! And now, I know that I can learn people how to get their financial independance through trading. I dont do it for the money but only because it is very difficult for me to stay alone during all the day, getting my pips from the markets. I was a sales manager so I need to communicate and work/interract with other people. That's why I like to learn some students how to trade successfully.

I hope that you will improve more and more your trading. Never forget that in any business you have to learn everyday to keep your advantage. You have to developp a hard discipline and other mental qualities to become successful and to stay successful !

Thank you for your post wracinti.

Quoting wracinti
Hmaoui, I have paid thousands from other trading "experts" and got NOTHING. Your system is all I focus on now! I have applied it to the S&P EMINI 500 and it WORKS.Are their there refinements,yes, but the core is your sytem. I don't know why some people sit around and be critical of other systems and people's efforts, but they do.My trading has progressed with you and your sytem more than anything else. Once I figure out how to post some charts (LOL)I will show my trades. Thanks again!
  • #1,379
  • Sep 19, 2014 6:21pm Sep 19, 2014 6:21pm
Hello,

Here is a 5mn chart with three entry point. Of course you have to check the higher TF to get good targets and the long term trend. As the trend is downside on 1h TF, we look at shorts.

On the first signal, this is an A+ setup : we broke down and we have a pullback just on the Pivot Point which is also a RN (1,2900). Nice candles, overbought stochastics, Negative DMI, and if you look at the MACD histogram, this is positive but the MACD lines are under the zero line. SO if you use MACD you can wait for a downside tick on the histogram. I personally took this trade at 1,2900 with a 25 pips target (just above the S1 level) because I cant manage the trade as I was not at home.

The 2nd entry point is a trend continuation possibility. DMI negative, MACD under the zero line, EMA ok, overbought stochastics etc..You can jump in almost safe. I didnt take this trade but if I had taken 50% of my profit at the S1 level and put my SL at B/E.

The third entry is not really safe...even if you have a good pullback after the break of the S1 level on this same level, with nice candle (pinbar on a resistance level), overbought stochastics, we have a little cross of the DMI and a test on the MACD. And also (the most important thing), this is the end of the week so I dont like to trade just before the closing. Of course, it would have been a positive trade, but this is really more simple to say that on historic chart ! I would not have taken this trade anyway.

Hope this helps you to better understand the system. And dont forget to post your charts !!!
Attached Image (click to enlarge)
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  • #1,380
  • Sep 19, 2014 6:40pm Sep 19, 2014 6:40pm
Hamoui Thanks a Lot, God will continue to Bless and Keep you, it's a pity many people don't know the worth of ur thread, but just keep in mind that not all people don't appreciate, there are people who do appreciate ur work, keep it up Hamoui.
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