Every system can work | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

System to hedge every major dollar pair for profit / low DD 743 replies

what if every free system is attached to a trading explorer? 28 replies

why is it every trading system has indicators 9 replies

Can an automated trading system really work? 17 replies

Every Trading System Can Be Described By the R-multiples It Generates, by Dr Van Thar 0 replies

Attachments: Every system can work
Exit Attachments

Every system can work

  • #41
  • Dec 25, 2014 6:09am Dec 25, 2014 6:09am
I use Heiken Ashi with MA with hedging strategy.

Prefer Heiken Ashi because it makes the candlesticks on the chart smoother and easy to spot swing high and low to determine direction of the trend.
  • #42
  • Dec 26, 2014 6:37am Dec 26, 2014 6:37am
Quoting Big_A
I am certain that every system if used discretely and wisely can be profitable.
This is definitely (and mathematically) an incorrect statement. One counter example makes this claim untrue.
Trading is the hardest way to make easy money...
  • #43
  • Dec 27, 2014 3:12am Dec 27, 2014 3:12am
Quoting SixIt
I use the ichimoku system. Mainly looking for retests of break out be they kumo break outs or kijun bounces.. Kijun is the SL and also the TP
Great.
For my fallen angels.
  • #44
  • Dec 27, 2014 3:12am Dec 27, 2014 3:12am
Quoting b_ballerz2k
I use Heiken Ashi with MA with hedging strategy. Prefer Heiken Ashi because it makes the candlesticks on the chart smoother and easy to spot swing high and low to determine direction of the trend.
Nice.
For my fallen angels.
  • #45
  • Dec 27, 2014 3:13am Dec 27, 2014 3:13am
Quoting MathTrader7
{quote} This is definitely (and mathematically) an incorrect statement. One counter example makes this claim untrue.
Really?
For my fallen angels.
  • #46
  • Dec 27, 2014 1:42pm Dec 27, 2014 1:42pm
Quoting Chicky
{quote} Dear Sir Big_A, I am a poor fisherman from Cyprus, started trading in 2007, lost everything. People think I am a big trader and a rich person, but swear I am neither a big trader nor rich. Here is my losing system: 1. I wait for the price to hit a Weekly Open, Close, High or Low. 2. When pa hits this level, I go against the move, expecting a bounce. 3. My stop Loss is few pips away from the next such level (Weekly Open, Close, High or Low) and to be on safe side, my Take Profit is several pips nearer than the next such historical level in...
Through sorting all the replies posted in this thread, one thing i am certain is that The System of 2015 here is and will NOT be here.

Hi Chicky, your plan seems bullet proof and thanks for sharing; however, this plan might missed 2 other points:

  1. News risk control.
  2. Exit plan. You seemed like a technical trade judge by your plans. Since you making entries on the weekly chart, I am almost certain the exit plan you currently employed is questionable or rather effective.

lazy clara...
  • #47
  • Dec 29, 2014 12:59am Dec 29, 2014 12:59am
Quoting ClaraCATKitt
{quote} Through sorting all the replies posted in this thread, one thing i am certain is that The System of 2015 here is and will NOT be here.
For my fallen angels.
  • #48
  • Dec 30, 2014 1:28pm Dec 30, 2014 1:28pm
For all those HG seekers and more advanced traders I'd like to present small gift. With this indicator alone you can build decent set of rules to trade profitably.

Happy NY2015,



A.

Attached File(s)
File Type: ex4 HLR.ex4   7 KB | 537 downloads
For my fallen angels.
  • #49
  • Dec 30, 2014 4:10pm Dec 30, 2014 4:10pm
Quoting Big_A
For all those HG seekers and more advanced traders I'd like to present small gift. With this indicator alone you can build decent set of rules to trade profitably. Happy NY2015, A. {file}
Oh oh ... another holy grail!!! Scared to download though xD
Fix up, trade sharp ...
  • #50
  • Dec 31, 2014 12:28am Dec 31, 2014 12:28am
Quoting Hickson
{quote} Oh oh ... another holy grail!!! Scared to download though xD
Pull yourself up !
For my fallen angels.
  • #51
  • Dec 31, 2014 2:12am Dec 31, 2014 2:12am
Quoting Big_A
I am certain that every system if used discretely and wisely can be profitable. From 1 tick charts to weekly line graph, from simple MA to complex Elliot or mystic Gann calculations - everything actually brings profit. If you have system / approach in question share it here and I show you how it could be adjusted / leave it as it is and to be profitable. Cheers!
If the system is not a system, then yes it can be profitable.
  • #52
  • Dec 31, 2014 2:22am Dec 31, 2014 2:22am
Quoting Mingary
{quote} If the system is not a system, then yes it can be profitable.
When I say system, I have in mind some set of rules:entry, management, exit. Any such a set of rules (that in here, FF, defined in term system) if applied wisely and discretely could be profitable.

Cheers.
For my fallen angels.
  • #53
  • Dec 31, 2014 3:43am Dec 31, 2014 3:43am
So basically you are saying there is no system that wont work and that you know how to convert every losing system wisely and discreetly so that it can become a profitable one ?
  • #54
  • Dec 31, 2014 3:54am Dec 31, 2014 3:54am
Pls disregard my earlier post. It sounded so foolish even to ask that................



GS.
  • #55
  • Dec 31, 2014 4:17am Dec 31, 2014 4:17am
Quoting genghistar
Pls disregard my earlier post. It sounded so foolish even to ask that................ GS.
I am saying that if you have a system it can be traded profitably with /without adjustments. Because it is not the system itself it is how the trader applies it to exact market conditions.
For my fallen angels.
  • #56
  • Dec 31, 2014 4:24am Dec 31, 2014 4:24am
I appreciate your respond and I am so glad to be a real asshole not REALLY to know and understand what you meant. BYE........



GS
  • #57
  • Dec 31, 2014 4:46am Dec 31, 2014 4:46am
I just wondering how to integrate Fundamentals in to my trading. I am hate to read news articles and try to focus 100% on technical. But now I am recognise that fundamental also have big influence on profitability. But wondering how to a adapt it in to the forex trading
80% effort, 20% luck
  • #58
  • Dec 31, 2014 6:28am Dec 31, 2014 6:28am
Quoting KOS-fx
I just wondering how to integrate Fundamentals in to my trading. I am hate to read news articles and try to focus 100% on technical. But now I am recognise that fundamental also have big influence on profitability. But wondering how to a adapt it in to the forex trading
When you say fundamentals I believe you have in mind a general currency strength and not the news related to the particular instrument (in this case it would be different story).

Now given you are not an investor and not a fund manager there is no much difference that fundamentals (i.e. macroeconomics, politics, demographic booms, crisis events, etc.) could make to your speculating (= trading).

Two things that very simply and easy can give you exact fundamental view: weekly currency strength (this is not a advertisement, admin please remove the link if you think it is) that you can find it here http://tinyurl.com/qd35j8s or at any other FX analytic site and the second is simple weekly chart (open up oil or UJ and you will never be tricked again, compare these graphs with weekly EURCHF Mar2012-Aug2012- that was in the total flat for months).

HNY!
For my fallen angels.
  • #59
  • Jan 3, 2015 1:42am Jan 3, 2015 1:42am
Hi Big A
I have tried this strategy many times, but I am unsuccessful

1. on 4 hour chart, use 50 SMA to find the trend
2. If trend is up, buys only when CCI dips below -100. V/V for down trends.
3. Exit when CCI goes to the other extreme

I often get stopped out as I always enter too early. Is there a way to fine tune this strategy? Is there a better TF to trade this?
Thanks
  • #60
  • Jan 3, 2015 6:20am Jan 3, 2015 6:20am
Quoting sclipp
Hi Big A I have tried this strategy many times, but I am unsuccessful 1. on 4 hour chart, use 50 SMA to find the trend 2. If trend is up, buys only when CCI dips below -100. V/V for down trends. 3. Exit when CCI goes to the other extreme I often get stopped out as I always enter too early. Is there a way to fine tune this strategy? Is there a better TF to trade this? Thanks
Good day to you Sclipp,

before getting into the details I have two questions for you:

1. 4H TF - is it your preferable TF to trade? Do you feel comfortable with it? If you enter too early maybe you have to check 1H TF? It is not the system that dictates the TF, but the trader.
2. Do you really need oscillator (like CCI, MACD, etc.) to feel more assured / affirmative / confident to open the position?

Anyway, I am going to get into this simple yet effective way of long term trading more deeper.

Cheers,

A.
For my fallen angels.
0 traders viewing now