New profitable System - Sidus | Page 30 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sidus-EMA RSI & Sidus V3 indicators that need to be fixed 18 replies

New Sidus Method v2.0 186 replies

Sidus System confirmation' indicator? 52 replies

New Sidus Method v2.0 is available 6 replies

Post your Sidus Method add on indicators here. 5 replies

Attachments: New profitable System - Sidus
Exit Attachments

New profitable System - Sidus

  • #581
  • Aug 2, 2006 6:36pm Aug 2, 2006 6:36pm
MIB, just checked out that site. Good job. When I get to work, I am gonna go see how things work there and see what I can do to help. Gotta love my job.
JOHN 3:16
  • #582
  • Aug 2, 2006 7:09pm Aug 2, 2006 7:09pm
Here is an idea with that website. Could we make a section strictly for our trades? Put a chart on with area of entry and what we saw because of the trade. I think this would be a very good idea. It would be forward testing by everyone and we could see what went wrong on certain trades and what made a trade more "powerful". Charts are always good. It is a good way to learn and to refer to. Look at the private forum, many many charts. There are quite a few people here and there are differant ways we are trading the same system. I think it would be a good idea.

What do you guys think?
JOHN 3:16
  • #583
  • Aug 2, 2006 8:21pm Aug 2, 2006 8:21pm
Halcyon, thanks for taking the time as summing it all up. Your post is the one we should refer the newbies of the thread to.

Renasdad, Thats a great idea. Pictures are worth a thousand words.

I'm in!

Bagovino
"Skills pay the bill's!"
  • #584
  • Aug 2, 2006 8:28pm Aug 2, 2006 8:28pm
otcsmart.10e.net/forex.html

You will find links ... to many forum posts ... from this Forum ... and much more. Hope you like it. Thanks all!
  • #585
  • Aug 2, 2006 8:40pm Aug 2, 2006 8:40pm
I hope you all caught the recent drop on the Euro for 50 pips and still running!

This 5/12 cross is the best system I've ever scene!!! The only thing is you have to babysit the charts...

How is the EA coming along? It would be great not to watch the screen all day!

Or..... Is there a way to get a cell phone text when the 30 min Bago'pips system signals????

Thanks,

Bagovino
"Skills pay the bill's!"
  • #586
  • Aug 2, 2006 9:12pm Aug 2, 2006 9:12pm
bagovino, I think it would be nice if we had an interactive forum where each trader could post one liners ... as to when they are buying/Selling .... individual pairs. What do you think of that?

NOTE: USD/JPY is it ready to move also .... looks like it may over night. IHR and 30 min look higher. IMO



Quoting bagovino
I hope you all caught the recent drop on the Euro for 50 pips and still running!

I saw it .. but did not short as it was against the trend. LOL

This 5/12 cross is the best system I've ever scene!!! The only thing is you have to babysit the charts...

Works nice ... Ideas by Sidus, Bagovino, OrangeRoshan ?

How is the EA coming along? It would be great not to watch the screen all day!

I agree ... even paper trading as I am .... EA ....would be so nice! I cannot wait until I have one (that works) to try!

Or..... Is there a way to get a cell phone text when the 30 min Bago'pips system signals????

This might work ..... www.alertfx.com/

Thanks,

Bagovino
  • #587
  • Aug 2, 2006 9:14pm Aug 2, 2006 9:14pm
Quoting bagovino
I hope you all caught the recent drop on the Euro for 50 pips and still running!

This 5/12 cross is the best system I've ever scene!!! The only thing is you have to babysit the charts...

How is the EA coming along? It would be great not to watch the screen all day!

Or..... Is there a way to get a cell phone text when the 30 min Bago'pips system signals????

Thanks,

Bagovino
I didn't catch it. Although, I am attaching a chart to show something. This chart is what I am talking about with posting charts and a little explination.

5 EMA crossed the 12 EMA with RSI on the 30 min chart. Notice how the 5 is bouncing off the 12 but not crossing it. The RSI however is going from below to above the 50 line. The 5 EMA is filtering out the RSI to keep us from going long.
The second chart, 1 hr with the 18/28 EMA and Vegas tunnel. Notice price touched the tunnel and retraced forming a pinbar. After the 5 and 12 crossed on the 1 hr, and then you opened the trade, it would have only needed a 25 pip SL to keep you safe.
Also on the 1hr chart I post, I zoomed it out to show the more risk this trade is because it is going against the longer trend.
Attached Images
JOHN 3:16
  • #588
  • Aug 2, 2006 10:31pm Aug 2, 2006 10:31pm
Here is a possible trade. It is usdcad. RSI has been below 50 though. On the 30min, 5 crossed 12 but no RSI cross. On the 1hr 5 is about to cross 12 also. The Vegas Tunnel is pointing in a down trend though. and so is the 1hr Sidus tunnel.
Attached Images
JOHN 3:16
  • #589
  • Aug 2, 2006 11:12pm Aug 2, 2006 11:12pm
Quoting bagovino
I hope you all caught the recent drop on the Euro for 50 pips and still running!
If I was babysitting the charts I would have caught this one with a major 4hr trendline break as further confirmation...
http://i1.tinypic.com/23i9lqa.gif
  • #590
  • Aug 2, 2006 11:21pm Aug 2, 2006 11:21pm
Of course this break is consistent with the daily trend... look for a break in the daily chart, or at least a bounce off of the trend line. Guppy MMA's sugesting possibly that this has been rangebound (R=1.2822 S=1.2948)daily for a while and ADX suggesting no certain trend. I would watch 30 minute chart using Sidus as the daily approaches a)trendline support b) long term(yellow) GUPPY MMA's, and c) rangebound support levels:

http://i4.tinypic.com/23i9rq1.gif
  • #591
  • Aug 2, 2006 11:27pm Aug 2, 2006 11:27pm
Congrats to all who have contributed. Have been spending all my time trying to keep up with the posts! There seems to be differing opinions with regards to the use of higher timeframe trend evaluation as a "filter" for the 30min. Bagovino mentioned his lessons with regards to only trading in line with the 4h & 1h trends. However the previously mentioned trade with yesterday's EurUsd fall was AGAINST the trend, but was successful. Also, the idea of the trade progressing through 3 phases or stages where phase 1=30min chart (5/12EMA cross with RSI 50 cross) followed by phase 2 = the modified 1h SIDUS (using 5/12 EMA rather than 5/8 WMA's), followed by phase 3 = the Vegas 1h tunnel would seem to suggest that the first entry (the 30 min chart) would often be at the point of a trend reversal (against the trend). This would often agree with Vegas' point that once the price reaches one of the outer fib channels, its screaming exhaustion. You'd then get a reversal, a phase 1 entry (against the trend), then if the reversal is successful, a phase 2 confirmation then possibly phase 3 with a cross of the vegas 1h tunnel. Wouldn't it be frequently after phase 3 that you'd finally get agreement with the trend? How does the idea of ignoring the prevailing trend IF price is beyond one of the outer 1h Vegas fib levels (screaming exhaustion) sound?
  • #592
  • Aug 2, 2006 11:28pm Aug 2, 2006 11:28pm
Is there someone who could tell me how to write an EA that would have an audio alert when the 18 EMA and 28 EMA cross. Also when the 5 WMA and 8 WMA cross. Thank you.
  • #593
  • Aug 2, 2006 11:40pm Aug 2, 2006 11:40pm
Quoting johoma
How does the idea of ignoring the prevailing trend IF price is beyond one of the outer 1h Vegas fib levels (screaming exhaustion) sound?
I think this is something to consider. If price is at the outter fib levels, the chaces are higher of price changing direction. So, we would have more confidence in trading against the trend.

This is someting that needs to be paid attention to for sure on how well it works.

That's why we all need to post our trades and explination of why we took them with a chart.

I don't mean we have to do it right when we open a position. That's not the point of posting trades here. The point to post the trades and charts with explination is so others can look at it and see what went right or wrong.

There is talk about babysitting the charts. So, there shouldn't be much excuse for not having the time to put a chart with explination here. It would help others and it would help each person that does post.
JOHN 3:16
  • #594
  • Edited 12:38am Aug 3, 2006 12:18am | Edited 12:38am
Hi Guyz, talkin about Longterm trend, how about we use shi-channel, to get view of the higher timeframe trendlines on 30min chart and 60min chart ????? for example, we could use 60min & 4hr shi-channel on 30min chart to see where is the cross in relation to the 60min/4hr trendline, and on 1hour chart, we could use 4hr shi-channel to see where is sidus cross in relation to 4hr trendlines. Crossups at bottom of the channel, and crossdown at top of the channel would have higher probabilities.

What do you think of this ?? i'll attache the indicator in this post, just set the timeframe and the color that you want.

I have attached chart in this post, this is 30min chart with greenchannel is of 1hr timeframe, and pink channel is of 4hr timeframe, crossdown took place at top of both the channels. Let me know your views on this.
Attached Image
Attached File(s)
File Type: mq4 mtfchannel.mq4   10 KB | 689 downloads
  • #595
  • Aug 3, 2006 12:23am Aug 3, 2006 12:23am
G'day all,

Here are my last 2 trades simply using the 5/12 cross with RSI below 50. (All on demo, btw)

I checked the trend on 1hr and 4hr and took the trade accordingly.

http://img133.imageshack.us/img133/5...radeij3.th.gif http://img89.imageshack.us/img89/211...radedi4.th.gif

Cheers,
Art...

Edit: I should explain that I took partial profits at pivots. My TP's are also set at PP or Supp/Res points...sometimes I use Fib levels - it just depends what type of gain I think is achievable with respect to what range the curency has been trading in. That is, smaller range = smaller expectations.
  • #596
  • Aug 3, 2006 1:09am Aug 3, 2006 1:09am
Quoting peterdxb
Hi Guyz, talkin about Longterm trend, how about we use shi-channel, to get view of the higher timeframe trendlines on 30min chart and 60min chart ????? for example, we could use 60min & 4hr shi-channel on 30min chart to see where is the cross in relation to the 60min/4hr trendline, and on 1hour chart, we could use 4hr shi-channel to see where is sidus cross in relation to 4hr trendlines. Crossups at bottom of the channel, and crossdown at top of the channel would have higher probabilities.

What do you think of this ?? i'll attache the indicator in this post, just set the timeframe and the color that you want.

I have attached chart in this post, this is 30min chart with greenchannel is of 1hr timeframe, and pink channel is of 4hr timeframe, crossdown took place at top of both the channels. Let me know your views on this.
Peter, this would be a good idea so we don't have to go lookin at chart to see the trend. It would show us what it is right away. We'll have to see what would happen when we get a 1hr downtrend and 4hr uptrend or vice versa. Will take a look when I get home.

I have posted this before but would like to again. Anyone that wants to chat about this phase3 system, PM me with a hotmail address and we can chat. There are a few of us that are doing this now and it can be quite fun. It makes the time watching charts go by pretty good.
JOHN 3:16
  • #597
  • Aug 3, 2006 1:35am Aug 3, 2006 1:35am
Quoting peterdxb
Hi Guyz, talkin about Longterm trend, how about we use shi-channel, to get view of the higher timeframe trendlines on 30min chart and 60min chart ????? for example, we could use 60min & 4hr shi-channel on 30min chart to see where is the cross in relation to the 60min/4hr trendline, and on 1hour chart, we could use 4hr shi-channel to see where is sidus cross in relation to 4hr trendlines. Crossups at bottom of the channel, and crossdown at top of the channel would have higher probabilities.

What do you think of this ?? i'll attache the indicator in this post, just set the timeframe and the color that you want.

I have attached chart in this post, this is 30min chart with greenchannel is of 1hr timeframe, and pink channel is of 4hr timeframe, crossdown took place at top of both the channels. Let me know your views on this.

That mtfchannel is freaking awesome.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #598
  • Aug 3, 2006 1:58am Aug 3, 2006 1:58am
Cross down on AUD/USD at top of 1hr & 4hr channels on 30min chart. Greenchannel is 1hour timeframe, and magenta channel is 4hour Timeframe.
Attached Image
  • #599
  • Aug 4, 2006 5:42am Aug 4, 2006 5:42am
<TABLE class=tborder id=post cellSpacing=1 cellPadding=6 width="100%" align=center border=0><TBODY><TR><TD class=thead>Yesterday, 01:58 <!-- / status icon and date -->
</TD></TR><TR><TD class=alt2 style="PADDING-RIGHT: 0px; PADDING-LEFT: 0px; PADDING-BOTTOM: 0px; PADDING-TOP: 0px"><!-- user info --><TABLE cellSpacing=6 cellPadding=0 width="100%" border=0><TBODY><TR><TD class=alt2>http://www.forexfactory.com/forexfor...ine=1151057945</TD><TD noWrap>OrangeRoshan http://www.forexfactory.com/forexfor...er_offline.gif<SCRIPT type=text/javascript> vbmenu_register("postmenu_", true); </SCRIPT>
Pipster
</TD><TD width="100%"> </TD><TD vAlign=top noWrap>Join Date: Jun 2006
Location: Brunei Darussalam
Posts: 155


</TD></TR></TBODY></TABLE><!-- / user info --></TD></TR><TR><TD class=alt1><!-- message, attachments, sig --><!-- icon and title -->http://www.forexfactory.com/forexfor...cons/icon1.gif Re: additional confusion with 100 / 30 System
<HR style="COLOR: #d1d1e1" SIZE=1><!-- / icon and title --><!-- message -->do you mean that you only stay in a trade one or two bars looking for a 10 pip profit and then exit when you hit your goal?

Yes & No

In my PDF i mentioned about using the 30mins most of the time. This is primirily used for 100/30 system. But actual trading decisions are based on the 1hr

1. 10pips is the ultimate goal. Its easier to get & duplicate. Sometimes when you target more than 10pips, it ended up becoming a losing trade. ROB Booker recommends it as well (www.robbooker.com).

10pips x 1 lot = $1
10pips x 10 lots = $10
10pips x 100 lots = $100

same 10pips with different monetary value.

Regarding exiting, at my level (trust me, you dont want to know) i trade more than 1 lot. I do 3 things:

1. Exit at 10pips with 50% of my lot
2. Stay on the trade with remaining 50% when:
a) 12EMA is very near or touch or approaching the 5EMA (most of you guys are just thinking about to trade, while Im already half way, already banking in the pips). The reason I know the next reentry signal is about to begin. So its safe to ride.

b) Support & Ressistance lines dictates the right trend

c) The Fibs are very far at least 20pips minimum

d) My elliot waves predict a trend advantages to me.

3. Exit 20% everytime it hits additional 10pips

4. The last lot will stay. Exit only when 9SMA cross the 5EMA
And then are you looking for a reentry ?

When 12EMA cross the 5EMA

"Enter position and take TP 10 pips again. It then dropped -15 pips, enter buy again, as you know the trend is bullish"

At the early stage of entry, 10pips is already being made. But price can dance around the bar like a bunjee jumping. After you exit with 10pips, wait until it retrace, then enter and start all over again. This however only possible when your platform allows multiple entry without adjusting your remaining lots. MT4 allows it.

do you only buy again if the price dropped, and if so by how much before entering again with a buy?

The half number of lots your previously exited. Targeting only 5pips. Because it is quiet risky.

And when you later said in the same post, " Exit again at your first exit point"

Retracing with reverse. Not recommended when you dont have enough practice.

</TD></TR></TBODY></TABLE>
  • #600
  • Aug 4, 2006 5:44am Aug 4, 2006 5:44am
<TABLE class=tborder id=post cellSpacing=1 cellPadding=6 width="100%" align=center border=0><TBODY><TR><TD class=thead>Yesterday, 01:59 <!-- / status icon and date -->
</TD></TR><TR><TD class=alt2 style="PADDING-RIGHT: 0px; PADDING-LEFT: 0px; PADDING-BOTTOM: 0px; PADDING-TOP: 0px"><!-- user info --><TABLE cellSpacing=6 cellPadding=0 width="100%" border=0><TBODY><TR><TD class=alt2>http://www.forexfactory.com/forexfor...ine=1151057945</TD><TD noWrap>OrangeRoshan http://www.forexfactory.com/forexfor...er_offline.gif<SCRIPT type=text/javascript> vbmenu_register("postmenu_", true); </SCRIPT>
Pipster
</TD><TD width="100%"> </TD><TD vAlign=top noWrap>Join Date: Jun 2006
Location: Brunei Darussalam
Posts: 155


</TD></TR></TBODY></TABLE><!-- / user info --></TD></TR><TR><TD class=alt1><!-- message, attachments, sig --><!-- icon and title -->http://www.forexfactory.com/forexfor...cons/icon1.gif Re: additional confusion with 100 / 30 System (2)
<HR style="COLOR: #d1d1e1" SIZE=1><!-- / icon and title --><!-- message -->how does that work exactly to exit at a point that you may have already passed prior to entering the new long position?

Already answered

What do you mean by "pipping the bar is more convenient" ?

When your pair talk to you & the system works well with your trading strategy, its easy to make 10 or more pips with the 100/30 system. However, I donot recomends it.

Are you basically looking for small 10 pip gains per bar or per move and then manually exiting when that goal is reached, regardless of what other indicators suggest?

YES! Its better to gain small pips then losing pips.

And once again, how do you get 100 pips out of a 30 pip move?
100/30 system. My mentor was outrageous when I share this system. He said, its not recommended for everyone.

Would it be possible to show an example or chart Remind me next time, because Im very buzy managing accounts for my clients & the competetion is driving me nuts.which may simplify it for me and perhaps others as well. If you could possibly post the reply on the forum for us all, I'm sure alot of people would greatly benefit from it. You may post this reply.

9SMA is very powerful. I have not begin to explain properly to everyone about its characteristic fully. Im not the only one who discovered it, but I quickly found out, Professional traders who move billions a day for their government are also using it. So, for those who like to stay green, they will eventually see what we saw.

We are all eagerly anticipating your next explanation paper of the TIGA ABDUL method with additional information provided.

I think some traders at the thread are not ready for such a system yet. For now, me & my team will extract its full potential.


Again, thank you for all your hard work and your extreme generosity in helping others to help themselves. It is greatly appreciated.

traderdp

We may not meet or know each other, but its always been a pleasure to share a knowledge that has been helping me & making all my investors very very happy.

Keep learning like im too. You are more welcome, to leraned and I & my team are very humble to see a trader learning to become a profitable fx trader.

Thanks & Happy Trading.
<!-- / message --></TD></TR></TBODY></TABLE>
0 traders viewing now