Come Surfing Fx With Me System | Page 59 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Channel surfing! 325 replies

Forex Surfing 11 replies

Fibonacci Surfing 0 replies

Trading/Surfing 15 replies

Attachments: Come Surfing Fx With Me System
Exit Attachments

Come Surfing Fx With Me System

  • #1,161
  • Edited 12:35pm Apr 13, 2015 8:23am | Edited 12:35pm
I have another way to enter a trade in M15.

I will share with you when I come back from Store.

It will sacrifice some pips but it worsts to consider seriously.

The indicators are traditional indicators like stochastic, macd, rsi, MA. They are not repaint but lagged.

This entry point I took from Cowabunga system that I have used to trade in several occasion in the past.

The trend is detrmined by Trix histogram from D1 or H4 and enter in M15.

I think M5 is whipsaw and every fancies indicators thrown in that TF is almost useless.

This morning I took a trade and enter in M15 for 24 pips

I show my trade and I will explain in details when I return home. SELL EY @ 127.482

Stay tune

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: EY.png Size: 93 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,162
  • Edited 10:32am Apr 13, 2015 9:33am | Edited 10:32am
Short trade (above the middle channel, blue dots lines)
View the video for the short trade by the author.
http://www.babypips.com/blogs/pip-my...pdate_390.html


Trend : D1 or H4 determine by Trix histogram below the zero line.

Retracement : Wait, in M15, the 5/10 EMAs cross up

Enter, in M15, when the 5/10 EMAs cross down

confirmed by:

- Stochastic(10,3,3)--simple-- close-- cross down not in the oversold area
- Rsi(9) < 50
-Macd(12,26,9) histogram is above the zero line and starts to decrease. ( This part of macd histogram confirmation is important. See next post)

Note : Don't enter right away a trade after a long candle formation. Because we might suffer from pull back We can see it in the chart below.


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: EY.png Size: 101 KB
Attached File(s)
File Type: mq4 MACD(12,26,9).mq4   5 KB | 255 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #1,163
  • Edited 10:27am Apr 13, 2015 10:04am | Edited 10:27am
This is a short trade that we should not execute because MACD histogram is already below the zero line when 5/10 EMAs cross down.
Even a trade goes well after that issue. Because we want to enter a trade early when macd histogram are above the zero line and starts to drecrease in volume.

If you want to take that kind of trade do it witha cautious way like small lots.

On the chart below all conditions to sell are good except macd histogram is already below the zero line when EMAs makes a death cross. This exception condition is canceled a trade.

View the video:
http://www.babypips.com/blogs/pip-my...pdate_389.html

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: ECHF.png Size: 88 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,164
  • Edited 12:03pm Apr 13, 2015 11:47am | Edited 12:03pm
I think M5 is best used to reenter a trade with all conditions validated after first sell in M15.

To reenter a trade you can throw any fancies indicators used in the past the trade will work nicely.

Try and see it for yourself.

See chart.



Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: EY.png Size: 105 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,165
  • Apr 13, 2015 1:26pm Apr 13, 2015 1:26pm
20 pips on GC this afternoon.

Attached Image (click to enlarge)
Click to Enlarge Name: GC_Moonie2.png Size: 100 KB


Did notice something concerning about the 'FSP Fast Entry' indicator. 4 blue bars appeared after the trade was closed. So sticking to the trusted ATM method for now.

Attached Image (click to enlarge)
Click to Enlarge Name: GC_Moonie.png Size: 103 KB
  • #1,166
  • Apr 13, 2015 2:02pm Apr 13, 2015 2:02pm
This should make it easier to spot trade setups.

Attached Image (click to enlarge)
Click to Enlarge Name: Moonie_chart.png Size: 160 KB
  • #1,167
  • Apr 13, 2015 10:15pm Apr 13, 2015 10:15pm
M5:

LONG--EY-- first lot and wait for reenter



Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: EY.png Size: 148 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,168
  • Apr 14, 2015 12:26am Apr 14, 2015 12:26am
EY closed manually with -17 pips. Enter a trade for the time in M5 is not a good idea.

M5 is used best to reenter a trade


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,169
  • Apr 14, 2015 8:03am Apr 14, 2015 8:03am
Long EU @ 1.05529 closed manually with +14 pips

I have used fiji indicator last week and until now and the results are expected. It doesn't repaint.

Take a look.

Every trades I took in Asian session are almost 95% lost because price keeps retracing. Now I have made a decision that don't enter any trades in Asian session even the set up is ideal.

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 101 KB
Attached File(s)
File Type: ex4 Fiji Trend_alerts mtf.ex4   26 KB | 348 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #1,170
  • Edited 9:33am Apr 14, 2015 9:17am | Edited 9:33am
I had 6 years experiences trading in European session and when there are set up I always got my 24 pips. Lately, I want to look a perfect set up occurs in Asian session but the results are unexpected. Most of the time pairs of currencies retrace after 2 big sessions moves.

The point that I want to get early my 24 pips so I can skip European session and trade at the near of the close of London session. Because most peoples in North America are sleeping while people in other continents are trading happily.

Btw I trade 2 borkers with 2 lived accounts at the same time. One broker for analyzing and trade a micro lot and where I put all indicators and the other I put only pivot point and trade full lots.

This is a way that they toll me when I took a course.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,171
  • Apr 14, 2015 9:39am Apr 14, 2015 9:39am
Sai, Have a go with the trix indicator and only take a trade when a Fiji alert coincides with a trix crossover, as long as the THD indicator is the right side of zero and there isn't an area of support /resistance close by. Most of my trades are during the London/US crossover. I'm commuting during the London open and sleeping during the Asian session. Good luck my friend.
Quoting sriloba
I had 6 years experiences trading in European session and when there are set up I always got my 24 pips. Lately, I want to look a perfect set up occurs in Asian session but the results are unexpected. Most of the time pairs of currencies retrace after 2 big sessions moves. The point that I want to get early my 24 pips so I can skip European session and trade at the near of the close of London session. Because most peoples in North America are sleeping while people in other continents are trading happily. Btw I trade 2 borkers with 2 lived accounts...
  • #1,172
  • Apr 14, 2015 9:43am Apr 14, 2015 9:43am
Hi Sriloba.
Can you add temolate from last pictures! Tnx
  • #1,173
  • Apr 14, 2015 10:13am Apr 14, 2015 10:13am
For who the mtf trix wont work... My solution was to instal the indi from post 1.168 @ http://www.forexfactory.com/showthre...33#post2974533
Hope it solves the problem.

Sai Ram, thnx for the system/systems... I've struggled with the trix indi... Hope it will work now so i can start testing.


Tip for everybody... Put a 55 ema on the H4 chart and analyse the pip movement when pa crosses the ema... Fibonacci is the key... Check it..
55, 89, 144, 233, 377 (610)

I still have to analyse my ass of but you will see what i mean. Price will go 9 out of 10 times 55 pips above or below the ema.
The 55, 89, 144 and 233 are the key levels... Measure it from the ema and i think you will be crazy....Have analysed the usdjpy with this and its pretty accurate... You will be amazed....

Forex is beautifull and not some line on a chart... Every move has its reason and nothing is coincidence... Lets find the key my friends and let the markets pay us!

*For the people who dont know what Fibonacci is... Google it... 1,1,2,3,5,8,13,21,34, 55, 89, 144 etc...
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.jpg Size: 117 KB
  • #1,174
  • Apr 14, 2015 12:13pm Apr 14, 2015 12:13pm
Quoting maxtill
Hi Sriloba. Can you add temolate from last pictures! Tnx
Voila
Attached File(s)
File Type: tpl ComeSurfingFx.tpl   13 KB | 238 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #1,175
  • Edited 1:45pm Apr 14, 2015 1:21pm | Edited 1:45pm
Enter a trade in M15

Trend D1 or H4

SHORT : Price must trade above the middle channel or near the upper channel (Best signal)

Wait for the red circle of the RenkoStreet_Channel pops up. This represents the near of the end of retracement.

Trix Hist(M15) above the zero line (Best signal)

NOTE : If Trix hist(15) is below the zero line at the time the signal is occured then that particular trade is validated too. But the TP must not be greedy.

See chart for the sell signal


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: AUD.png Size: 111 KB
Attached File(s)
File Type: tpl ComeSurfingFx.tpl   13 KB | 270 downloads
File Type: rar ComeSurfingFx_Indicators.rar   70 KB | 331 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #1,176
  • Apr 14, 2015 1:58pm Apr 14, 2015 1:58pm
How to turn your computer into a personal ATM machine.

Superb Sai!



Quoting sriloba
Enter a trade in M15 Trend D1 or H4 SHORT : Price must trade above the middle channel or near the upper channel (Best signal) Wait for the red circle of the RenkoStreet_Channel pops up. This represents the near of the end of retracement. Trix Hist(M15) above the zero line (Best signal) NOTE : If Trix hist(15) is below the zero line at the time the signal is occured then that particular trade is validated too. But the TP must not be greedy. See chart for the sell signal Sai Ram {file} {image} {file}
  • #1,177
  • Apr 14, 2015 2:05pm Apr 14, 2015 2:05pm
The idea to trade as the ATM machine is my first day of trading (2006). If we can find a good way to trade both direction of the market then the ATM machine is possible

because 5 trillion is injected in the forex market every day.

That's why Trend D1 and H4 are the best trends to trade.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,178
  • Apr 14, 2015 2:10pm Apr 14, 2015 2:10pm
Good system to take 2 lots, when they reach 20 pips, close one and move the other to B/E. Exit the second lot when the opposite RenkoStreet_Channel pops up.

Simples.


Quoting sriloba
The idea to trade as the ATM machine is my first day of trading (2006). If we can find a good way to trade both direction of the market then the ATM machine is possible because 5 trillion is injected in the forex market every day. That's why Trend D1 and H4 are the best trends to trade. Sai Ram
  • #1,179
  • Apr 14, 2015 3:32pm Apr 14, 2015 3:32pm
Quoting Moonie
Good system to take 2 lots, when they reach 20 pips, close one and move the other to B/E. Exit the second lot when the opposite RenkoStreet_Channel pops up. Simples. {quote}
Yes. You got it.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,180
  • Apr 15, 2015 6:06am Apr 15, 2015 6:06am
GA anyone?
14 traders viewing now