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Attachments: New profitable System - Sidus
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New profitable System - Sidus

  • #301
  • Jul 27, 2006 3:28pm Jul 27, 2006 3:28pm
It's not to late to get in.
  • #302
  • Jul 27, 2006 3:42pm Jul 27, 2006 3:42pm
, I jumped in at 1.2716 too. But I am still in 30M chart and watching 36/56 to cross. Do I have to go back to 1h chart?
Target: Trading naked.
  • #303
  • Jul 27, 2006 3:51pm Jul 27, 2006 3:51pm
AAAAHHHH.... you guys are making me blush! Just kiddin'

Anyway, This recent discovery has boosted my confidence as well 2die4!

I have studied hundreds of systems and flip flopped between all of them for the last 8 months. Ultimately getting totally confused. This new 3 phase system has allowed me to regain my confidence in trading again! I love the way it just tells the story of where the market is and where it will most likely go. I can now sit and wait in a trade confidently because I have a plan that seems to work almost all the time... Even if it's just a 10 pip profit! It's better than the 80 pip losers I had in the past with fingers crossed that price would luckily turn again in my favor.

Thanks to Vegas, Sidus and everyone here for the development of this amazing system!

I only plan on trading the EUR/USD and GBP/USD. They definitly work the best for this system.

Well I'm gonna hang it up until the London open... I'm thinking we may get the Sidus cross there!

Maybe we should start Keeping track of the trades we make here based on the new system... I'll try to post mine as I make them.

Thanks,

Bagovino
"Skills pay the bill's!"
  • #304
  • Jul 27, 2006 4:14pm Jul 27, 2006 4:14pm
I dont feel comfortable jumping into it blind like that - I define "blind" as not having a definitive signal from all the indicators that I use RSI, EMA or SAR.
  • #305
  • Jul 27, 2006 4:48pm Jul 27, 2006 4:48pm
bagovino

thanks to you for all you are doing here ... I love to follow these threads. Whatever you come up with I do want to try also. Going to get my demo open as soon as possable. Since you say you have studied hundreds of systems ... DecisionBar have been one of them? I was going to get it ready to do a Demo with it ... but what I have seen is it is somewhat complicated to follow. I much prefer the system you are getting together for a EA. Thanks to all of you!!!


Quoting bagovino
AAAAHHHH.... you guys are making me blush! Just kiddin'

Anyway, This recent discovery has boosted my confidence as well 2die4!

I have studied hundreds of systems and flip flopped between all of them for the last 8 months. Ultimately getting totally confused. This new 3 phase system has allowed me to regain my confidence in trading again! I love the way it just tells the story of where the market is and where it will most likely go. I can now sit and wait in a trade confidently because I have a plan that seems to work almost all the time... Even if it's just a 10 pip profit! It's better than the 80 pip losers I had in the past with fingers crossed that price would luckily turn again in my favor.

Thanks to Vegas, Sidus and everyone here for the development of this amazing system!

I only plan on trading the EUR/USD and GBP/USD. They definitly work the best for this system.

Well I'm gonna hang it up until the London open... I'm thinking we may get the Sidus cross there!

Maybe we should start Keeping track of the trades we make here based on the new system... I'll try to post mine as I make them.

Thanks,

Bagovino
  • #306
  • Jul 27, 2006 4:52pm Jul 27, 2006 4:52pm
5/12 tunnel is starting to cross the 36/56 tunnel completely. But the 36/56 tunnel is still quite wide.
Target: Trading naked.
  • #307
  • Jul 27, 2006 7:09pm Jul 27, 2006 7:09pm
Great stuff guys! But what is the setup for the vegas 1 hr?
  • #308
  • Jul 27, 2006 9:10pm Jul 27, 2006 9:10pm
Just for clarification...why do we need the 18/28 EMA in the 5/12/RSI system if we only look at the 5/12 EMA and RSI to confirm an entry point. When the 5/12 EMA cross, does it mean they cross each other or cross the 18/28 EMA (like Sidus).
Thank you for your help.
  • #309
  • Jul 27, 2006 10:17pm Jul 27, 2006 10:17pm
If I understand it correct:

5/12/RSI is for ranging market or for getting an early entry for trending market. 18/28 in 1h or 36/56 in 30 m (are they equivlent?) is for continuing assessment to decide if the ranging market is turning into a trending market and when to close trade in trending market.

In 5/12/RSI, it 's the 5/12 crossing, not the tunnel crossing signaling the entry.
Target: Trading naked.
  • #310
  • Jul 28, 2006 12:18am Jul 28, 2006 12:18am
I am new to the Forex and have opened a demo account with Interbank FX to practice. Not sure if the forex service is using Metatrader, I assume it is with version 3.8.

How do I set up the Sidius Method with the trading platform?

Thanks for all your patience.
  • #311
  • Jul 28, 2006 1:50am Jul 28, 2006 1:50am
bagovino,

sorry if the question may sound stupid... but how do you use the vegas channel ? can you make a description of how it works for you? (ex: if the price or Sidus channel hits Vegas F+1 line then ... or ... something like that)

and one more question... what sl do you use on eur/usd and gbp/usd ?

thanks
  • #312
  • Jul 28, 2006 3:57am Jul 28, 2006 3:57am
Bugy,


I usually do not place a stop loss right away as I watch the trade for a while when I place it. If I leave the computer with the trade running I use a pivot point as a stop loss. AS far as the Vegas method.... Google it or something. It's too much to go into here.

AStaflier.... We only use a 5/12 on the 30 min with RSI... The 18/28 is used only on the 1 hr.

AHA... What is the 36/56???? We do not use that here... Who mentioned it?
"Skills pay the bill's!"
  • #313
  • Jul 28, 2006 4:14am Jul 28, 2006 4:14am
Quoting bagovino
Bugy,


I usually do not place a stop loss right away as I watch the trade for a while when I place it. If I leave the computer with the trade running I use a pivot point as a stop loss. AS far as the Vegas method.... Google it or something. It's too much to go into here.
but don't you have a sl set in your mind?

when do you enter the trade? as soon as the cross happend, or wait for candle close?
I ask this because today i saw some false crosses, that untill the candle closed the ema's are not crossed any more.

sorry for my bad english writting
  • #314
  • Jul 28, 2006 4:32am Jul 28, 2006 4:32am
Quoting bagovino
Bugy,

AHA... What is the 36/56???? We do not use that here... Who mentioned it?
Ya maan..... how come we dont know? C'mon tell us? We are dying to make 200pips average from our norm 100pips.
Change Your Thinking. Change Your Life - JD
  • #315
  • Jul 28, 2006 5:58am Jul 28, 2006 5:58am
GBP/USD is acting weird today. Yukksss.... too much uncertainty in the market. The next week FOCM meeting is affecting the USD, making it too volatile than usual.

But, the good thing is, piping the bar is funky today!

Happy Trading!
Change Your Thinking. Change Your Life - JD
  • #316
  • Jul 28, 2006 6:41am Jul 28, 2006 6:41am
Is it EMA 18/28 in 1h chart equivalent to EMA 36/56 in 30 m chart?
Target: Trading naked.
  • #317
  • Jul 28, 2006 6:43am Jul 28, 2006 6:43am
The hourly 18 & 28 EMA's values can be transferred to your 1/2 hr charts by doubling them... Thus the 36 & 56 EMA's. That way you only have to have one chart setup for viewing (the 1/2 hr). You can take the Vegas hrly tunnel and put it on your 1/2 hr chart the same way. Best of both worlds, baby. Try it and see for yourself. The reason your entries are better on the 1/2 hr chart is because you took the 5 & 12 EMA's from the hrly and turned them into hrly 2.5 & 6 EMA's on your hf hr chart by keeping the values the same. The larger the EMA value, the greater the price lag.... Try using the 2.5 (or round it to 3) and the 6 on your hourly chart and you then have the exact entry point as you presently have on the half-hour chart. Pretty neat, huh?

EMA's are based on the # of periods (in this case candles).

1 hrly candle = 2 half-hr candles. So a multiplcation factor of 2 is used for the conversion from hrly to half-hr.

Hell, you can work this system on 5-min charts if you want.

Can't believe some of you veterans have never used this trick.

Quoting bagovino
Bugy,


I usually do not place a stop loss right away as I watch the trade for a while when I place it. If I leave the computer with the trade running I use a pivot point as a stop loss. AS far as the Vegas method.... Google it or something. It's too much to go into here.

AStaflier.... We only use a 5/12 on the 30 min with RSI... The 18/28 is used only on the 1 hr.

AHA... What is the 36/56???? We do not use that here... Who mentioned it?
  • #318
  • Jul 28, 2006 6:49am Jul 28, 2006 6:49am
When on the H1 chart, you are taking the average of the last 18 one hour candle to form the line.If you want to use the M30 chart then it would take 36 of the 30 minutes candles to trace the average line in the same location as on the H1.Same goes for the 28.
jlm
  • #319
  • Jul 28, 2006 6:59am Jul 28, 2006 6:59am
Yes they have unlimited demo accounts.

Quoting ut2DaMax
Yardie,

Would you also recommend them for a MT4 "DEMO ACCOUNT" for testing this strategy? I am new at all this and appreciate you're thoughts. Thanks.
  • #320
  • Jul 28, 2006 7:03am Jul 28, 2006 7:03am
Bonmeister, I did a quick check, 18/28 in 1h is smoother than 36/56 in 30m. I have a screen shoot shows this clearly, but I don't know how to put it in the post. It seems that I have to upload it on to somewhere on internet first so that it has a url.
Target: Trading naked.
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