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New profitable System - Sidus

  • #1,061
  • Aug 21, 2006 1:22pm Aug 21, 2006 1:22pm
Quoting renasdad
Ok risk for each pair......

This is somewhere in this thread but instead of me being a DIK and telling you to go find it, I will post em. Anyone that uses the tunnel, should print this off and have it in front of them until they memorize them.

EURUSD 1and2
GBPUSD 1and3
USDCHF 2
USDJPY 1
AUDUSD 1
USDCAD 2
EURJPY 2
EURGBP 1

I do not have any more for any other pairs. When you place the indicator on your charts, you will see risk models. Souble click it and put the right number in there. For the pairs that need 2, put one indicator on top of the other.
thanks

Canados
  • #1,062
  • Aug 21, 2006 1:23pm Aug 21, 2006 1:23pm
can't anyone help me at converting (some posts ago)
anyway here another problem.
How do you avoid such fakes?
http://img177.imageshack.us/img177/6296/chartgu7.th.gif

btw: only posted it again, because canados did posting at the same time
I'm getting there ... slowly
  • #1,063
  • Aug 21, 2006 1:48pm Aug 21, 2006 1:48pm
You shouldn't be trading such small moving averages w/o a higher period MA or trendline. If you would add a 55MA (or whatever these folks are using ((I don't trade this system)) to your chart you would see ALL of these trades were AGAINST the major trend.



Quoting miketoll
can't anyone help me at converting (some posts ago)
anyway here another problem.
How do you avoid such fakes?
http://img177.imageshack.us/img177/6296/chartgu7.th.gif

btw: only posted it again, because canados did posting at the same time
  • #1,064
  • Aug 21, 2006 1:51pm Aug 21, 2006 1:51pm
I bet you are using 30 minute charts arent you? I also bet you aren't using the Vegas tunnel either. If I am correct about one of these questions, then you know my answer.
JOHN 3:16
  • #1,065
  • Aug 21, 2006 2:36pm Aug 21, 2006 2:36pm
Quoting miketoll
How do you avoid such fakes?
You have already gone to the trouble of putting RSI on your charts so why not use it? If you had, you would not have taken half the trades listed as RSI never crossed below 50 to go short.

Also, read the first page where Sidus has a pdf listed of his method. It will help you to add on the two lagging moving averages and then only take a trade once the 5/12 has crossed the 18/28.
  • #1,066
  • Aug 21, 2006 2:41pm Aug 21, 2006 2:41pm
Quoting renasdad
Sorry Money,

I guess I didn't even read this post. I would have to disagree with fxgorrila and say yes to you. Especially if you use the Vegas tunnel. Thats all I have about it though since there are so many differant ways of people trading this method.
Yeah,

I shorted cable "live" at 1.8955 around 11:20 am today (Monday); current bid is around 1.8940. Only problem was I missed the post about SL of 15 is too close; got stopped out around noon. Don't really care because I'm glad the "short" read was a good read at that point.
  • #1,067
  • Aug 21, 2006 2:47pm Aug 21, 2006 2:47pm
Hi everybody I am new

I know SIDUS only tested his method on two specific pairs, but what do you guys think about the EUR/AUD ?

To me it looks like it is getting ready for a major SHORT action.

It is at very high levels anyways, plus I already see some crossings there. The RSI is also touching the line.....interesting play IMO.

Bye

Future
"Lunch ? Lunch Is For Wimps !"
  • #1,068
  • Aug 21, 2006 2:57pm Aug 21, 2006 2:57pm
thanks for reply.
I know what you think renasdad, that i have no idea and that i want to make money as fast as possible. But thats not true.
I dealed a lot with it and read all documents.
1.Ok you said that you're sure that i use 30min timeframe. Yes, i do, shouldnt i?
I use the boga/sidus method like it is described here:
http://www.freewebs.com/sidusmethod/method.html

2. Sure, i use vegas 1h. But what has the v1h to do with entry points? I thought only 30min 5/12ema rsi21 are important for entry.

imbiber, iam not wrong, you are wrong; all down arrows are correct. If you zoom into rsi, you will see that the rsi line is beneath the 50lvl-line.
Furthermore i dont know what you mean with "adding the two moving averages". I added all mas as described in the link above. And isnt it right to say that you first enter when bogas system becomes "active" and then go on with sidus/vegas methods?

Thank you for your already posted and hopefully yet forthcoming comments.
Greetings
mike
I'm getting there ... slowly
  • #1,069
  • Aug 21, 2006 3:02pm Aug 21, 2006 3:02pm
Hi,

Thanks to everyone for posting (especially those people who pop'd on and said "Hey this sort of looks like this, go read xyz").

Also, could someone kindly point me in the right direction to setting up an EA in the MT4 software. I have been having a hard time getting that started. (I did get the EMA and WMA's all set up and moving right along..)

kind regards,
H. Bart
H. Bart
  • #1,070
  • Aug 21, 2006 3:06pm Aug 21, 2006 3:06pm
Quoting miketoll
thanks for reply.
I added all mas as described in the link above. And isnt it right to say that you first enter when bogas system becomes "active" and then go on with sidus/vegas methods?
http://www.forexfactory.com/forexfor...achmentid=6866

Read the PDF in the first post of this thread. You must add the 18/28 exponential moving average as these are very much an integral part of the Sidus method.

I don't follow or use the bago method. What I do is when the 5 crosses the 12 I take note but do not enter. I then see if the 5 and the 12 are going to cross the 18 and 28. If they do cross up and are above the 100 EMA I go long and vice versa for short. I do bend the rules from time to time though on the 100 EMA.
  • #1,071
  • Aug 21, 2006 3:17pm Aug 21, 2006 3:17pm
Quoting canados
Hi JBB,
this is a formula that I found in a book of Jack Schwager.The bands are good res and sup area.The formula explanation is: 60 SMA,then add 3 x the 60 average true range.....substract for the lower band

Canados
The indicator.

Coyan
Attached File(s)
File Type: mq4 ATR Channels.mq4   4 KB | 575 downloads
  • #1,072
  • Aug 21, 2006 3:33pm Aug 21, 2006 3:33pm
imbiber, thank you. Am i right to say that you use 1h and that you only go buy when all emas are above the 100 ema and vice versa for short?

renasdad, bango, you use a slightly different method. What do you think is better at yours and why? Could you in detail write what you do other, because iam somehow a bit confused now. It seems that i put many strategies together
Thank you all.
-Mike
I'm getting there ... slowly
  • #1,073
  • Aug 21, 2006 3:43pm Aug 21, 2006 3:43pm
Quoting miketoll
imbiber, thank you. Am i right to say that you use 1h and that you only go buy when all emas are above the 100 ema and vice versa for short?
I actually use the 30 minute chart and normally only buy when the 12 EMA crosses the 28 EMA above the 100 EMA as this, to me, is a very strong sign of a new trend but I will take a long trade sometimes if the 12 cross of the 28 is below the 100, just depends.
  • #1,074
  • Aug 21, 2006 5:06pm Aug 21, 2006 5:06pm
Quoting Hol Bart
Hi,

Thanks to everyone for posting (especially those people who pop'd on and said "Hey this sort of looks like this, go read xyz").

Also, could someone kindly point me in the right direction to setting up an EA in the MT4 software. I have been having a hard time getting that started. (I did get the EMA and WMA's all set up and moving right along..)

kind regards,
H. Bart
I can tell you how I did it. Open the code in the editor and save it as...(name) to program files/strategyfxbuilder(or metatrader,depends what version did you download)/expert advisors/indicator. Then close the platform and reopen. I should be in the custom indicators.

Regards
  • #1,075
  • Edited 5:11pm Aug 21, 2006 5:09pm | Edited 5:11pm
Quoting MoneyMa$ter
Yeah,

I shorted cable "live" at 1.8955 around 11:20 am today (Monday); current bid is around 1.8940. Only problem was I missed the post about SL of 15 is too close; got stopped out around noon. Don't really care because I'm glad the "short" read was a good read at that point.
Okay, enuf already!!!

Long cable on paper last night; 100 pips by the morning. Later in the morning, went short on retracement at 1.8955 (but stopped out due to dumb insufficient 15 pip stop loss). A more reasonable sl of 35, and the short is still running, just now touched 1.8920.

And since 34 is a fib, seems like a good place to TP (that I missed because of the 15 pip sl).
  • #1,076
  • Aug 21, 2006 5:27pm Aug 21, 2006 5:27pm
1.8895 at 6:25 pm eastern.!! Unbelieveable. I would have taken profit 25 pips too soon!!!
  • #1,077
  • Aug 21, 2006 6:57pm Aug 21, 2006 6:57pm
Other than Money, did anyone else take that trade earlier? 67 pips so far on eurusd and 91 pips on usdchf.
JOHN 3:16
  • #1,078
  • Aug 21, 2006 7:41pm Aug 21, 2006 7:41pm
Hello Future,

I'm currently testing THE ORIGINAL Sidus methodology on ALL pairs. Yesterday there were 6 entries based on the method.

GBPUSD long (EURUSD also)
GBPCHF short (which ended up turning around)
USDJPY short (which ended up turning around)
USDCHF short
USDCAD short (which ended up turning around)
GPBJPY long

ALL TRADES WENT POSITIVE.

As for the EURAUD, i've been stalking the pair for the last few days. If you look at the daily or 4H chart, you can see gorgeous PREDICTABLE oscillations. You're right, we appear to be at the top of such an oscillation now. If it follows it's previous pattern, it could be a 250 to 300 pip tankage.

There is a negative divergence on the hourly MACD too. Looking for MA crosses on the 1H for an entry.

best,
forexpips


Quoting MrFuture
Hi everybody I am new

I know SIDUS only tested his method on two specific pairs, but what do you guys think about the EUR/AUD ?

To me it looks like it is getting ready for a major SHORT action.

It is at very high levels anyways, plus I already see some crossings there. The RSI is also touching the line.....interesting play IMO.

Bye

Future
  • #1,079
  • Aug 21, 2006 7:49pm Aug 21, 2006 7:49pm
Quoting Artamon
Thanks Yardie. I'll check that out.

I got a signal on the USDJPY to go long so I entered at 115.745. SL of 30 pips. TP is at 116.10 (first fib line above tunnel). I will be taking all profit at this point as, it seems, I will not be awake as this trade plays out.

Cheers,
Art...
For anyone that was watching this trade, I will post this for Artamon since he is sleeping right now. This was a +111 pip trade. He totalled 586 pips for the day.

Awesome WIZ!!!!!!!
JOHN 3:16
  • #1,080
  • Aug 21, 2006 8:11pm Aug 21, 2006 8:11pm
Quoting renasdad
For anyone that was watching this trade, I will post this for Artamon since he is sleeping right now. This was a +111 pip trade. He totalled 586 pips for the day.
Thanks Tim. In summary:

BUY 3 lots USDJPY @ 115.74
TP hit @ 116.10

Total: +108

Total over 4 trades today: + 581

Cheers,
Art...
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