I went long GBPUSD, the only one that looks safe to me, of course these are just paper trades. I like using the 9SMA with the Sidus Moving Averages; seems to give an early indication for the big moves. Still deceiding how much it might help.
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
Quoting bagovinoDislikedI wouldnt say it was a dull day.... The U.S. FOMC was one of the craziest spikes I've ever scene!!! I hope most were not trading it!!!
I want to state that unless you are a news trader you should stay out of the market when there is big news such as today!!! It is just as risky as going to Vegas with your trading account!
ANYWAY.... I'm looking forward to the 1 hr indicator because I know that system works! Is it possible to have this indicator monitor higher time frames such as the weekly and 4hr... Then take trades only in the direction as the major trend from the 1 hr chart?
Thanks.
BagovinoIgnored
Quoting renasdadDislikedTrades that could have been taken for usdchf. Note, the RED arrows that signaled a buy, those would have not gotten much at all. It would have been a fake signal. Notice where RSI was most of the time. It was above the 50. The best thing to do would only be the "50 Bounce" or when price RSI dips below 50 and climbs above again. With any one of those trades, a 15 pip SL would have never been hit.Ignored
Quoting JBBDislikedHello everyone!
I follow this thread from the very begining ang love the system. Thanks a lot to all of you.
There is something I want to point out regarding two posts of Renasdad ( 630, 631) with the files attached. No offence
I think there is no false signals on the charts. What we see with red arrows is not a signals at all because (remember Sidus main document?) the tunnel has to be narrow and look like one line or cross.
I think it's important detail to pay attention to.
Good trades to everyone.Ignored
Quoting peterdxbDislikedBogovino, here is the modified EMACross indicator, it now checks for RSI <>50. test it and let me know.Ignored
Quoting mhafizDislikedI have been following the Sidus post and many thanks to all the contributors.
I downloaded the Metatrader and opened a demo account. Can some instruct me on what I need to do, to upload and run the many EA's of the Sidus forum on Metatrader. So far I downloaded all of the EA's from the forum unto my desk top. I tried opening Metatrader and tried to upload without any success. I will deeply appreciate any help.
Thank You.
M. HafizIgnored
Quoting mhafizDislikedI have been following the Sidus post and many thanks to all the contributors.
I downloaded the Metatrader and opened a demo account. Can some instruct me on what I need to do, to upload and run the many EA's of the Sidus forum on Metatrader. So far I downloaded all of the EA's from the forum unto my desk top. I tried opening Metatrader and tried to upload without any success. I will deeply appreciate any help.
Thank You.
M. HafizIgnored
Quoting CTForexDislikedI have eight currencies that I watch while playing this market. It appears that at the exact same time last night all of these markets moved in perfect unison.
1.) EUR/USD 80 Pips
2.) USD/CAD 59 Pips
3.) USD/CHF 70 PIPS
4.) EUR/JPY 25 Pips
5.) GBP/USD 62 Pips
6.) USD/JPY 58 Pips
7.) AUD/USD 71 Pips
8.) EUR/GBP 23 Pips
__________________
448 Pips so far (at 0700 est)
I got out of 4 currencies and still trading the remaining 4. With a very active Friday, slow Sunday and a somewhat dull Monday, I had a feeling that corrections were about to be made.
All of the above markets started to show signs of reversals and I jumped out at 0700 EST. I am watching out for the US Oil Report News that will make a difference in movement one way or another.
I usually play 3-4 currencies at the same time but when all of the above currencies moved to the 50 line of the 21 RSI, I knew it was worthwhile watching at 0100 EST. I am around 750 Pips since Sunday's opening of the market.
CTIgnored
Quoting CTForexDislikedHi JAW
To answer your question, I started off a few years ago with one currency pair, the EUR/USD uding a demo account. I concentrated on this pair and made myself understand what makes it tick, the time frames it moved, played with technicals and fundamentals, best days to trade, and other mind boggling pieces of the overall forex puzzle. Thanks to Peter Bain and ForexInterBank's outstanding courses, I felt like taking the plunge and started trading.
I did very well with trading the EUR/USD pair in live account. I then watched how the EUR/USD moved with other currency pairs. When I found similar moving patterns, I then traded it at the same time with other currencies. After I felt comfortable with trading two currencies, I moved onto three, then to four pairs. I was then averaging about 150-200 pips a day.
After watching this thread and noticed how successful this method was, I then charted the most popular currency pairs and noticed how they reacted to this method using historical research. The listed currencies on my previous post reacted nicely to the sidus system.
I usually trade three to four currencies but last night was an exception. When all eight reacted at the same time, I had to jump in all of them. It took a lot of concentration...but paid off nicely. At 0700 EST, I jumped out of all with exception to the EUR/JPY, GBP/USD, AUD/USD and the EUR/USD which are still moving in the same direction. I added about 55 more pips since my last entry log 2 hours ago.
I only trade the currencies and have no other employment. I know this is an unfair advantage since most traders have another job they rely on for income. If I can offer a suggestion, please take the sidus system seriously, it is the best I have ever come across. When I trade, I feel like I won the lottery every single day.
I knew that with today's technology capabilities, someone would come up with a system that would make our trading a lot easier, and in my opinion, this is it. Of course, it will be tweaked by the outstanding members of this thread and it will be even better.
Below are the currencies I scan for trading potential.
1.) EUR/USD
2.) USD/CAD
3.) USD/CHF
4.) EUR/JPY
5.) GBP/USD
6.) USD/JPY
7.) AUD/USD
8.) EUR/GBP
I hope that I have answered your questions JAW and consider adding these currency pairs to your scans for trading potential. If anyone can suggest other pairs for me to check out, please send them to me and I will test them and reply back with my opinion.
CTIgnored
Quoting CTForexDislikedIt's all about momentum over the short to medium term. Lower ema's produce momentum signals that give trading signals that are to short-term to trade profitably. In other words, the dreaded whip-saw. It may go in your direction for 3 minutes and 6 pips, then it rolls over and crushes you. Higher ema's produce momentum signals that are to long-term. In a trending currency market retracements are where you can re-establish profitable positions. They stop very close, if not exactly on the 144 and 169 1 hour ema; the tunnel.
CT
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