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New profitable System - Sidus

  • #1,141
  • Aug 22, 2006 8:37pm Aug 22, 2006 8:37pm
Quoting imbiber
The way I trade the sidus is when I first see the 5 cross the 12 I take note and then I enter if the 12 crosses through the 28 as in the second candle on my chart. That's the way I understood the method but maybe I'm wrong?
Not sure man. Once the 5/12 and RSI/50 came out, that is what I went with. I got whipped out of enough 30 min. charts, I switched to 1 hr charts and havent looked back.
JOHN 3:16
  • #1,142
  • Aug 22, 2006 8:42pm Aug 22, 2006 8:42pm
Yeah I trade the 30 as I didn't want to miss the begining of a new trend but your right about getting whipped. It's happening to me right now in the USD/JPY. I should I switch over to the one hour.
  • #1,143
  • Aug 22, 2006 8:44pm Aug 22, 2006 8:44pm
Quoting imbiber
The way I trade the sidus is when I first see the 5 cross the 12 I take note and then I enter if the 12 crosses through the 28 as in the second candle on my chart. That's the way I understood the method but maybe I'm wrong?

Imbiber,

I see you use the Emaalert2. I don't recall seeing it in the thread (but again so many indicators, etc have been posted). My understanding of the Sydus method was...first wait for the red tunnel to cross and look what side the 5 & 8 EMAs are and open a position on the same side. Here are Sidus's instructions:

Entry Signals! You should only open a position, when the red tunnel is extremly narrow or crossed !
LONG: 5 WMA & 8 WMA cross the red tunnel upwards.
If the 5 WMA also crosses the 8 WMA upwards, then the signal is extra strong.
SHORT: 5 WMA & 8 WMA cross the red tunnel downwards.
If the 5 WMA also crosses the 8 WMA downwards, then the signal is extra strong.

Have I missed something?
  • #1,144
  • Aug 22, 2006 9:03pm Aug 22, 2006 9:03pm
Sidus
this sounds like a good idea... I back tested it on VtTrader and it seems to work (although VT backtesting leaves much to be desired). I seem to find the most success with GBP/JPY as it is not as extremely volitile as most other pairs and usually trends (I also like it because I use 1day timeframes so that I only need to check it out once). What I do is use the WMA crosses to signal my exit points, but ONLY EXIT POINTS (for profit). I may re-enter a trade as the WMAs realign, but only if they are on the right side of the EMAs. I only open opposing trades once the WMAs cross the EMAs, as sidus suggests. Seems to look and work great on gbp/jpy as I said.
I included a pic shot of my Vt Trader for easier understanding.
Does anyone else do this and at what timeframe and which cross???
Any more suggestions??
Oh and Sidus, great yet simple system... A+++++++++
Dejonese
PS: Please excuse my VT 'dot' enviroment... the graphing s more acurate that way... just pretend they are lines.



Quoting Sidus
Good news to you all,

I'm succesfully (manually) backtesting my own system called 'The Sidus Method'.
In essence it is a combination between BGX and Vegas Tunnels.
I get great results with it.

You can find the pdf for downloading attached!
Please test it and send me your opions!
Thanks


Sidus
Attached Image
  • #1,145
  • Aug 22, 2006 10:31pm Aug 22, 2006 10:31pm
At times I feel that the 18 and 28 emas are a little bit too conservative...you miss a lot of PIPS before they cross in most cases.....has anyone tried lowering them down ?

I am currently experimenting with it, trying to make them a little bit more sensitive, but not too much......


Future
"Lunch ? Lunch Is For Wimps !"
  • #1,146
  • Aug 22, 2006 11:23pm Aug 22, 2006 11:23pm
Quoting renasdad
Just curious. Is anyone keeping track of their trades? How well are you guys doing? Are you making more pips than losing? What pairs work the best? Are the signals better when RSI and 5/12 crosses happen at the same time? Have you noticed a certain time during london or certain time during US markets?
I am putting 110% into this and I guarantee if you guys do it too and stick to it and we all put our heads together, we can make it happen.
I only got one person that replied to this. Is anyone doing this? So many people following this method. I know there are many differant ways and "tweaks" people have done. Is anyone actually keeping track? If not, that is not a good thing. I am not posting this for my benefit. I am doing it for everyones benefit. You take notes on your trades, SL/TP/Time of open/signal. Do all that stuff and then once the TP is hit or the SL is hit, you take notes on what made that trade work or didn't work. If you guys are just taking a trade and it worked, and you have no notes to look at to see why you took that trade, you won't know what worked. If you take a trade and no notes and that trade doesn't work, you won't know why it didn't work. Then after the week, you go back over your trades and see what went wrong on certain trades and see if there is a pattern. If one thing keeps popping up, you drop it. For those of you who think you don't need to take notes, you are wrong. I used to think like that too. And for the people that don't want to cause it is too much work or just don't feel like it, then I don't feel sorry for you when you don't understand why this doesn't ever work right. Please start taking notes if you want to improve you method of trading. It will only help you. Imagine having 6 months worth of notes based on one method of trading. Or after that first 6 months of taking notes and "tweaking", you have 5 yrs of notes. That is a gold mine of info. If you think I am full of BS, that's ok. I know how you feel, I used to think like that.
JOHN 3:16
  • #1,147
  • Aug 22, 2006 11:43pm Aug 22, 2006 11:43pm
Quoting miketoll
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
Mike, by reading that link, yes, I do things differently now. Things have been changed since I wrote that up. I would be willing to write something new up again if you would like me to. I don't know how to go there and delete that and do a new one. I do not look at 30 minute charts anymore. Only 1 hr charts and every once and a while a 4 hr chart to see what the trend is and where price is in relation to the trend.
JOHN 3:16
  • #1,148
  • Aug 23, 2006 12:15am Aug 23, 2006 12:15am
Quoting renasdad
I only got one person that replied to this. Is anyone doing this? So many people following this method. I know there are many differant ways and "tweaks" people have done. Is anyone actually keeping track? If not, that is not a good thing. I am not posting this for my benefit. I am doing it for everyones benefit. You take notes on your trades, SL/TP/Time of open/signal. Do all that stuff and then once the TP is hit or the SL is hit, you take notes on what made that trade work or didn't work. If you guys are just taking a trade and it worked, and you have no notes to look at to see why you took that trade, you won't know what worked. If you take a trade and no notes and that trade doesn't work, you won't know why it didn't work. Then after the week, you go back over your trades and see what went wrong on certain trades and see if there is a pattern. If one thing keeps popping up, you drop it. For those of you who think you don't need to take notes, you are wrong. I used to think like that too. And for the people that don't want to cause it is too much work or just don't feel like it, then I don't feel sorry for you when you don't understand why this doesn't ever work right. Please start taking notes if you want to improve you method of trading. It will only help you. Imagine having 6 months worth of notes based on one method of trading. Or after that first 6 months of taking notes and "tweaking", you have 5 yrs of notes. That is a gold mine of info. If you think I am full of BS, that's ok. I know how you feel, I used to think like that.
renasdad,

I’m not sure you will get a clear answer from anyone on this thread for the reason that there are too many variants of the Sidus method going. I have suggested to come up with a recap of the system so we all get on the same page and progress together. Eventually, it will be done and as soon as Sidus comes up with version 2.0, we will get back to square one. The Sidus website is a great start but I thing this thread should regroup as one another is guessing what the other guy is doing. What would you suggest we do in order to get on the same page? Some are still using the original version while others (including myself) are not sure if they should use EMA or WMA, on what time frame, etc... I also believe the latest indicators should be reposted for the lastest version, etc...
  • #1,149
  • Aug 23, 2006 12:18am Aug 23, 2006 12:18am
I am demoing the system starting today.

Right now, I have both GBP and NZD signals. Will try to post the details a little bit later.

Ken
  • #1,150
  • Aug 23, 2006 12:21am Aug 23, 2006 12:21am
EUR EMA's just crossed, waiting for the RSI(21) confirmation!
  • #1,151
  • Aug 23, 2006 12:27am Aug 23, 2006 12:27am
Quoting astarflier
renasdad,

I’m not sure you will get a clear answer from anyone on this thread for the reason that there are too many variants of the Sidus method going. I have suggested to come up with a recap of the system so we all get on the same page and progress together. Eventually, it will be done and as soon as Sidus comes up with version 2.0, we will get back to square one. The Sidus website is a great start but I thing this thread should regroup as one another is guessing what the other guy is doing. What would you suggest we do in order to get on the same page? Some are still using the original version while others (including myself) are not sure if they should use EMA or WMA, on what time frame, etc... I also believe the latest indicators should be reposted for the lastest version, etc...
Well, when there are so many differant ways of trading this method, I see no way of everyone getting on the same page. I know what is working for me and a few others are starting to PM me for certain things involved with the way Artomon and I trade. I think we just let the thread keep going the way it is because of the many differant variations. Sidus start this thread with 4 MAs and thats it. Look at what happened. If Sidus comes out with version 2, do you think everyone will start to just trade that? Maybe most of us would check into it but, the same thing will happen if he does post a version 2. I don't see a point in waiting for it either. Although it would be pretty cool to see. Why not take the info here in the 1,100 or so posts and make a method out of what is here. I think the freewebs website that liquid11 made looks very promising. The only thing is, I have chatted with him a couple times and I know he is very busy. I told him he shouldn't feel obligated to doing it. When he has the time to do it then go for it. I would like to do a write up on how Art and I are trading though but, I am not gonna do it in this thread cause I have done it a few times and then it gets lost in with all the other posts. I know what to be looking for in how we trade but, it is a bit difficult to put words on paper. When I do it next time, it will be one that is etched in stone and will not get lost.
JOHN 3:16
  • #1,152
  • Aug 23, 2006 12:32am Aug 23, 2006 12:32am
Quoting renasdad
Well, when there are so many differant ways of trading this method, I see no way of everyone getting on the same page. I know what is working for me and a few others are starting to PM me for certain things involved with the way Artomon and I trade. I think we just let the thread keep going the way it is because of the many differant variations. Sidus start this thread with 4 MAs and thats it. Look at what happened. If Sidus comes out with version 2, do you think everyone will start to just trade that? Maybe most of us would check into it but, the same thing will happen if he does post a version 2. I don't see a point in waiting for it either. Although it would be pretty cool to see. Why not take the info here in the 1,100 or so posts and make a method out of what is here. I think the freewebs website that liquid11 made looks very promising. The only thing is, I have chatted with him a couple times and I know he is very busy. I told him he shouldn't feel obligated to doing it. When he has the time to do it then go for it. I would like to do a write up on how Art and I are trading though but, I am not gonna do it in this thread cause I have done it a few times and then it gets lost in with all the other posts. I know what to be looking for in how we trade but, it is a bit difficult to put words on paper. When I do it next time, it will be one that is etched in stone and will not get lost.
Hey Renasdad

When You get around to doing it, may I suggest you place it at the top of your journal, that way nobody get confused.
Mono
  • #1,153
  • Edited 12:47am Aug 23, 2006 12:32am | Edited 12:47am
Took the signal long GBP/USD @ 1.8895. 5/12 then RSI conformation. 30 pip S/L.

1 Hour fibs (and tunnel) for TP.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #1,154
  • Aug 23, 2006 12:36am Aug 23, 2006 12:36am
Quoting mono
Hey Renasdad

When You get around to doing it, may I suggest you place it at the top of your journal, that way nobody get confused.
I have some of what I do at the beginning of my journal but, I can't edit it anymore. You can only edit a post within 24 hrs of posting. The only way I could do it is ask a moderator to do the editing for me. Let me see what I can do.
JOHN 3:16
  • #1,155
  • Aug 23, 2006 12:38am Aug 23, 2006 12:38am
lets see what happen!!!
  • #1,156
  • Aug 23, 2006 12:40am Aug 23, 2006 12:40am
I am at work right now but, the way I remember, you guys could be in for a nice ride this morning if you got in. Also, that pinbar I posted on the usdchf, OOH!!
JOHN 3:16
  • #1,157
  • Aug 23, 2006 12:41am Aug 23, 2006 12:41am
Quoting jarroo
Took the signal long GBP/USD @ 1.8895. 5/12 then RSI conformation. 30 pip S/L.

1 Hour fibs (and tunnel) for TP.

Jim
Closed 1/3 postion for 30 pips. Moved S/L to B/E.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #1,158
  • Aug 23, 2006 1:28am Aug 23, 2006 1:28am
Quoting renasdad
I am at work right now but, the way I remember, you guys could be in for a nice ride this morning if you got in. Also, that pinbar I posted on the usdchf, OOH!!
Took the long signal at 0.7638, S/L at 20 pips (0.7618).First lot out after 10 pips, moved the stop to B/E. the second lot sold at the first Vegas fib.(0.7660) (+10,+22). Better safe than breaking another monitor.
  • #1,159
  • Aug 23, 2006 7:22am Aug 23, 2006 7:22am
Anyone thinking about shorting gbpusd?
JOHN 3:16
  • #1,160
  • Aug 23, 2006 7:34am Aug 23, 2006 7:34am
Quoting renasdad
Anyone thinking about shorting gbpusd?
What's your short signal?the fib level of Vegas?

Canados
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