Eitan's Project | Page 357 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Project: Samurai - Blog 5 replies

Project Omega: What is this ? 6 replies

My project over the year/years.... 21 replies

Attachments: Eitan's Project
Exit Attachments

Eitan's Project

  • #7,121
  • Sep 4, 2014 12:40pm Sep 4, 2014 12:40pm
Quoting cariddi74
{quote} Khaled, in this particular case you posted the big 4H candle (bear candle) closed below both...38.2 and purple line...so in this case, no problem. Generically speaking, if you enter at the first of the two that is broken (always at closed candle and all other conditions met,of course) whenever comes first, you get an early enter (but maybe a retrace is more possible). If you enter when both are broken, you have further confirmations of good signal (and maybe less immediate retracement); also entering following the broken of green (o purple)...

Thanks Bro for the wise Advise.... Hats Off
  • #7,122
  • Sep 4, 2014 12:58pm Sep 4, 2014 12:58pm
On my GY chart look too be for an entry....cariddi74 do you thing is to late for entry becasue on my broker the candle will close in 3 h from now?
  • #7,123
  • Sep 4, 2014 1:02pm Sep 4, 2014 1:02pm
Quoting ginger
On my GY chart look too be for an entry....cariddi74 do you thing is to late for entry becasue on my broker the candle will close in 3 h from now?
I entered few minutes ago, so not too late, in general. But you should always follow a broker time for the close of the candle (as RockerZeus said possibly a broker that has Daily roll time that matches a 4h closing candle) and not entering in the middle of a candle, GUESSING it will work.
Stick with the system and have a plan. "Guessing" in trading is one of first reason of failure (together with greedyness/bad money managment , and no emotional control)
  • #7,124
  • Sep 4, 2014 1:09pm Sep 4, 2014 1:09pm
Mmmm... i had not seen before...in EG we are out of coverage, so, though i think it will go down, be prepared there (for who is IN) for a possible consistent retracment.
  • #7,125
  • Sep 4, 2014 1:12pm Sep 4, 2014 1:12pm
Somehow i still like the old smri with h4 vs weekly added with the fibo rules.
kinda love the cross of mtf_RSI..

still backtracing the new smri alpha and the old one using UJ.
maybe will add 1-2 indicator from the alpha to filter out some false signal.

i am still amazed with how prof eitan comes out with new system this fast.
Cant wait for the perfected smri sir, meanwhile will try to mix and match the old and alpha to fit my trading style

Thanks for the hard work, wish i could contribute something more..
  • #7,126
  • Sep 4, 2014 1:18pm Sep 4, 2014 1:18pm
Quoting cariddi74
{quote} I entered few minutes ago, so not too late, in general. But you should always follow a broker time for the close of the candle (as RockerZeus said possibly a broker that has Daily roll time that matches a 4h closing candle) and not entering in the middle of a candle, GUESSING it will work. Stick with the system and have a plan. "Guessing" in trading is one of first reason of failure (together with greedyness/bad money managment , and no emotional control)
Can you please post this chart?
Believe and Achieve!
  • #7,127
  • Sep 4, 2014 1:26pm Sep 4, 2014 1:26pm
Quoting sirwolf
{quote} Can you please post this chart?
Here we are. Beware i bypassed some things (38.2 level not reached, not 4H but 1H tf) for testing purposes.
Also you see, bro, my template is slightly different (added stochs and embedded RSI in that window)
Attached Image (click to enlarge)
Click to Enlarge Name: gj1h.png Size: 43 KB
  • #7,128
  • Sep 4, 2014 1:28pm Sep 4, 2014 1:28pm
yes also for me the level oh Fibo is different between old and new version.......also I must to combine...also the nhilist adx have different color..
  • #7,129
  • Sep 4, 2014 1:32pm Sep 4, 2014 1:32pm
here are the two chart you will see the difference on GBPJPY
Attached Image (click to enlarge)
Click to Enlarge Name: 2GBPJPYH4.png Size: 61 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4.png Size: 59 KB
  • #7,130
  • Sep 4, 2014 1:33pm Sep 4, 2014 1:33pm
Quoting cariddi74
{quote} Here we are. Beware i bypassed some things (38.2 level not reached, not 4H but 1H tf) for testing purposes. Also you see, bro, my template is slightly different (added stochs and embedded RSI in that window) {image}
Thanks! I was looking at the 4HTR, I see this is 1HR. Thanks friend
Believe and Achieve!
  • #7,131
  • Sep 4, 2014 1:42pm Sep 4, 2014 1:42pm
Quoting sirwolf
{quote} Thanks! I was looking at the 4HTR, I see this is 1HR. Thanks friend
  • #7,132
  • Sep 4, 2014 1:44pm Sep 4, 2014 1:44pm
Quoting ginger
here are the two chart you will see the difference on GBPJPY{image}{image}
There are different for sure.... but please don't make confusion also between COLOURS
  • #7,133
  • Sep 4, 2014 1:46pm Sep 4, 2014 1:46pm
I see that you trade also on 1h timeframe...it works also good or is better to stay at H4
  • #7,134
  • Sep 4, 2014 2:04pm Sep 4, 2014 2:04pm
Quoting ginger
I see that you trade also on 1h timeframe...it works also good or is better to stay at H4
No, it's just me experimenting with that and with few other things. Stick with 4H as Eitan suggests (the method is studied and tested for the 4H tf, at least for now).
....the rest is at your own risk
  • #7,135
  • Sep 4, 2014 2:17pm Sep 4, 2014 2:17pm
Also just shorted USD/CAD...another experiment (for 50 pips profit against a 25 pips risk)
  • #7,136
  • Sep 4, 2014 2:19pm Sep 4, 2014 2:19pm
Quoting cariddi74
Also just shorted USD/CAD...another experiment (for 50 pips profit against a 25 pips risk)
TF 1 H?
  • #7,137
  • Sep 4, 2014 2:21pm Sep 4, 2014 2:21pm
TF H1 SHORT GJ closed now + 20 pips
  • #7,138
  • Sep 4, 2014 2:22pm Sep 4, 2014 2:22pm
Quoting Pips200
{quote} TF 1 H?
Yes, but please don't follow...or DO AT YOUR OWN RISK. Not Pure Eitan system here.
  • #7,139
  • Sep 4, 2014 2:23pm Sep 4, 2014 2:23pm
4 hrs tf gained this week aprrox 300/500 pips....not inclluding 150 pips on gold..so..i dont know reason for searching more..but..this just me..
when GOD brings you a challenge he also gives you the power to deal with it
  • #7,140
  • Sep 4, 2014 2:24pm Sep 4, 2014 2:24pm
i removed all indi in order to see better

.....scientific TP i find it hard to belive.......
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 56 KB
2 traders viewing now