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Swing-Hi trading System

  • #161
  • Dec 11, 2014 5:10am Dec 11, 2014 5:10am
Have now entered U/CHF H1.
Attached Image
  • #162
  • Dec 11, 2014 5:15am Dec 11, 2014 5:15am
yp
  • #163
  • Dec 11, 2014 5:16am Dec 11, 2014 5:16am
is any thing wrong with that?
  • #164
  • Edited 5:40am Dec 11, 2014 5:17am | Edited 5:40am
Quoting shoot2scoot
Have now entered U/CHF H1. {image}
Me too, with 10 pips SL and 10 pips TP

update: Closed for 10pips = 5%
  • #165
  • Dec 11, 2014 5:54am Dec 11, 2014 5:54am
me 2 out
  • #166
  • Dec 11, 2014 5:55am Dec 11, 2014 5:55am
what abt AUDCAD
  • #167
  • Edited 8:24am Dec 11, 2014 6:05am | Edited 8:24am
Quoting mohsin360
what abt AUDCAD
Well done both. As you can see from my charts i go for longer TPs. Mine relate to my SL which is always based on Technical Sup/Res not a given number of pips. I have got to hang in there a while longer. I'm envious as with all the news out today the market will probably go slow very soon. May follow your lead and exit everything.

PS I don't trade the Aud/Cad so have not seen.

update:
Ooups! You were wise guys I got hammered. Both trades hit SL (fortunately one was at BE but still disappointing).
  • #168
  • Dec 11, 2014 9:35am Dec 11, 2014 9:35am
Quoting shoot2scoot
{quote} ... update: Ooups! You were wise guys I got hammered. Both trades hit SL (fortunately one was at BE but still disappointing).
Not wise guy, It's just today the market support my method (I don't know Mohsin360's method). But yesterday the market supported your method and mine just got crushed. Yesterday I've got almost 20% drawdown. Fortunately today I've got 27% profit.
  • #169
  • Dec 11, 2014 9:38am Dec 11, 2014 9:38am
Quoting pipstroll
{quote} Not wise guy, It's just today the market support my method (I don't know Mohsin360's method). But yesterday the market supported your method and mine just got crushed. Yesterday I've got almost 20% drawdown. Fortunately today I've got 27% profit.
20% DD in a day??? do not want to say anything... but, WOW!!!
As Above, So Below
  • #170
  • Dec 11, 2014 9:48am Dec 11, 2014 9:48am
Quoting pipstroll
{quote} Not wise guy, It's just today the market support my method (I don't know Mohsin360's method). But yesterday the market supported your method and mine just got crushed. Yesterday I've got almost 20% drawdown. Fortunately today I've got 27% profit.
Wow! I would have to hit 10x SLs to lose that much. Are you risking a little bit over the odds?
Luckily for me I also trade news and got +105 pips there today so am happy overall.
  • #171
  • Dec 11, 2014 9:57am Dec 11, 2014 9:57am
Quote
Not wise guy, It's just today the market support my method (I don't know Mohsin360's method). But yesterday the market supported your method and mine just got crushed. Yesterday I've got almost 20% drawdown. Fortunately today I've got 27% profit.
buy or sell as the ind triggers the signal depending on charting ,bands SMA 100 ,Stochastic and thats all
  • #172
  • Dec 11, 2014 10:07am Dec 11, 2014 10:07am
guys i started trading on demo after i lost all my live account money after rescission b coz of too much depending on my cousins decisions who introduces me to forex and also doing trading without knowledge it is the story of my career in early 2010 but after reading the book trading in the zone i started a demo of 1000 usd and along with learning my job and personal life i started trading and doubled the account .
The reason im here is that i developed the trading style using mostly bigger time frames depending on the charting stochastic the data etc.
but now i need to trade in H1 and smaller time frames daily since i have enough time to spend infront of my pc/laptop

on my above comment i share the style of analyzing and the signals by using OBI's method i wanted to make it more reliable so please help me if something wrong
thank You
  • #173
  • Dec 11, 2014 3:59pm Dec 11, 2014 3:59pm
Hello I have a problem with the ObiSwingHiMC_v0.2 my terminal still frozen on each candle.I have only 4 pair and hide all the other one in market panel and the problem still going on.
any issue or update??
thank you
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader 4 Terminal.png Size: 91 KB
  • #174
  • Dec 11, 2014 6:13pm Dec 11, 2014 6:13pm
Quoting mohsin360
@marshalmax you mean to say using for H1 and H4 is ideal?
What I meant was trading different timeframes makes not difference in winning or losing because you should be trading a % of account. The OP rules were the SL was placed in low of most recent red candle (if going long) and so the different time frame simply changes your position size so the SL will only ever be the 1% or 2% or 5% of your account depending on how much you want to risk per trade.

The different timeframes then just become a personal choice on how often you want to find signals, how long you want to wait to close your trade and how much to and fro or noise you can tolerate. Personally I trade my main system on the Daily charts but have a couple of scalping systems I play with on the 15m charts.
Winners add to winning trades!
  • #175
  • Edited 12:28am Dec 12, 2014 12:11am | Edited 12:28am
Quoting rochild
Hello I have a problem with the ObiSwingHiMC_v0.2 my terminal still frozen on each candle.I have only 4 pair and hide all the other one in market panel and the problem still going on. any issue or update?? thank you {image}
Hi Rochild,That is by design that every new bar will cause the terminal to freeze for few seconds, depending on your pc specs, speed of your internet connection and how quick your terminal registers the new bar.If you cannot tolerate the freeze, you might want to try the first version. But the first version will sometime give you repeated past signal.

Quoting tashkent
{quote} 20% DD in a day??? do not want to say anything... but, WOW!!!
Quoting shoot2scoot
{quote} Wow! I would have to hit 10x SLs to lose that much. Are you risking a little bit over the odds? Luckily for me I also trade news and got +105 pips there today so am happy overall.
Might be for some people. But I have prepare to get the margin call if I get 20 or at least 15 losses in a row. So every trade I always risk/gain 5%.
  • #176
  • Dec 12, 2014 1:22am Dec 12, 2014 1:22am
Quoting pipstroll
{quote} {quote} Might be for some people. But I have prepare to get the margin call if I get 20 or at least 15 losses in a row. So every trade I always risk/gain 5%.
I think I understand. What you are saying is that you do not keep your whole 'bank' with your broker. So although you trade 5% of your bank held with your broker, it is in fact a much smaller percentage of what is your real total bank. I would do the same but emotionally i would trade differently if I saw 20% of my broker bank disappear and that I don't want/can't afford. best of luck today, hope you turn things around.
  • #177
  • Dec 12, 2014 2:56am Dec 12, 2014 2:56am
Missed this trade this morning as i don't trade until LO. Anyone take it?

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....and this one:

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  • #178
  • Dec 12, 2014 3:27am Dec 12, 2014 3:27am
Quoting shoot2scoot
Missed this trade this morning as i don't trade until LO. Anyone take it? {image} ....and this one: {image}
Funny enough, missed those 2 also. And another 3 setups

1 loss of audjpy, and 2 wins each on audjpy and eurjpy. 5% for today so far.
  • #179
  • Dec 12, 2014 3:30am Dec 12, 2014 3:30am
Gone short on D1 Oz:

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 12 KB
  • #180
  • Dec 12, 2014 3:40am Dec 12, 2014 3:40am
last night i have same problem as rochild faces the terminal freezes i wait even for a long time buy all in vein ,
i reinstalled the terminal 3 times but after attaching new version of the ind problem rise
my laptops specs are
core2duo
2 gb ram
80 gb HDD
and i think thats enough
and
Quote
What I meant was trading different timeframes makes not difference in winning or losing because you should be trading a % of account. The OP rules were the SL was placed in low of most recent red candle (if going long) and so the different time frame simply changes your position size so the SL will only ever be the 1% or 2% or 5% of your account depending on how much you want to risk per trade.

The different timeframes then just become a personal choice on how often you want to find signals, how long you want to wait to close your trade and how...

it hink the H1 is ideal for those who wants to trade 3 to 4 times a day and also want to use some other indicators along with the charting with OBI system.
I dont think so that the M30 or M15 are more reliable than H1 or equal to
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