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New profitable System - Sidus

  • #1,161
  • Aug 23, 2006 9:37am Aug 23, 2006 9:37am
Yes it is a fib. Look at the chart in my journal. A picture is worth a thousand words. I didn't take that trade though. But, I am showing how poewrful the Vegas tunnel is.
JOHN 3:16
  • #1,162
  • Aug 23, 2006 9:40am Aug 23, 2006 9:40am
Quoting renasdad
Yes it is a fib. Look at the chart in my journal. A picture is worth a thousand words. I didn't take that trade though. But, I am showing how poewrful the Vegas tunnel is.
You are right...It's a very good level for opening short positions...Very Very interesting.


p.s. where is your journal?

Canados
  • #1,163
  • Aug 23, 2006 9:45am Aug 23, 2006 9:45am
Here you go. I will be getting a moderator to edit my first post cause I'd like to change a couple things and make it a bit better.

http://www.forexfactory.com/forexfor...ead.php?t=7050
JOHN 3:16
  • #1,164
  • Aug 23, 2006 9:48am Aug 23, 2006 9:48am
What a gooooood level.Since now I'll short when price reaches it
Are the Vegas levels calculated as follow?:
the median price between 144 and 169 EMAs + 55,89 and 144 pips?

Canados
  • #1,165
  • Aug 23, 2006 9:50am Aug 23, 2006 9:50am
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.
renasdad,

Would you be interested in posting your settings from scratch (like Sidus did) with indicators, etc… and your reasoning behind it so members could make suggestions with back/forward testing so we can fine tuned the system and incorporate Sidus II when it comes out. I don’t thing there is much more that can be done to perfect this system. So, it is a question of fine tuning it now and with some of our members experience it should not take too long. That should make a strong base for everyone to refer to. What do you think?
  • #1,166
  • Aug 23, 2006 9:51am Aug 23, 2006 9:51am
Hi Canados,

Here you can find all of the info required to tunnel trade. It's Vegas' website:

www.tunneltrading.com (GO TO THE DOWNLOADS SECTION)

regards,
forexpips

Quoting canados
Are the Vegas levels calculated as follow?:
the median price between 144 and 169 EMAs + 55,89 and 144 pips?

Canados
  • #1,167
  • Aug 23, 2006 9:53am Aug 23, 2006 9:53am
Quoting forexpips
Hi Canados,

Here you can find all of the info required to tunnel trade. It's Vegas' website:

www.tunneltrading.com (GO TO THE DOWNLOADS SECTION)

regards,
forexpips
thanks....I'd like to put the formula in mestastock

canados
  • #1,168
  • Aug 23, 2006 10:06am Aug 23, 2006 10:06am
Quoting renasdad
Anyone thinking about shorting gbpusd?
Is it just me or did anyone notice cable considerably below its 365 ema? CNBC just mentioned Iran is ready to announce it has become a nuclear power and that the west is ready to package sanctions. Just a little fundie info for the techs.
  • #1,169
  • Aug 23, 2006 10:25am Aug 23, 2006 10:25am
Quoting astarflier
renasdad,

Would you be interested in posting your settings from scratch (like Sidus did) with indicators, etc… and your reasoning behind it so members could make suggestions with back/forward testing so we can fine tuned the system and incorporate Sidus II when it comes out. I don’t thing there is much more that can be done to perfect this system. So, it is a question of fine tuning it now and with some of our members experience it should not take too long. That should make a strong base for everyone to refer to. What do you think?
I have been up for about 40 hrs now. When I get to work tonight, I will get something written up when I am woke up and talk to a moderator and have it put in the 1st post of my thread. If I put it here, it is gonna get lost and noone will be able to find it in a week cause it gets buried. It would be best to have it in an easy place to find. I would also like it in my first post.
JOHN 3:16
  • #1,170
  • Aug 23, 2006 11:08am Aug 23, 2006 11:08am
Thanks for the info Money Ma$ter...Iran + Nukes = chaos....
  • #1,171
  • Aug 23, 2006 11:25am Aug 23, 2006 11:25am
Quoting jarroo
Closed 1/3 postion for 30 pips. Moved S/L to B/E.

Jim
Took profits at 1 hour fibs.

1/3 at 1.8959 - 64 pips.

1/3 at 1.8987 - 92 pips.

Jim
Indicators show the past. Price Action "Indicates" the future.
  • #1,172
  • Aug 23, 2006 12:21pm Aug 23, 2006 12:21pm
I don't know about you guys, but I feel that contrary to what SIDUS suggested, this method is not always that good for EUR/USD, since the pair moves very irregularly at times with short cycles.

However, I do feel that with his other pair of choice, the EUR/GBP, his method works wonders, 'cause it has more regular, smooth and longer cycles than the EUR/USD.

When you look at SIDUS' original pdf file on page one and you look at his examples on charts, the difference is obvious. He uses 1 example with the EUR/USD (1st chart) and 3 examples with the EUR/GBP.

You can see the example on the EUR/USD chart that most of the times the entry and exit signals of the 18/28 ema's are very delayed. This happens because the EUR/USD movements do not last long enough.

But when you look at the EUR/GBP examples, the entry and exit signals give you plenty of time to ride the trade with profits, as a result of the pair having longer cycles.

Now, you could say that on the EUR/USD all you need is the 5/12 ema crossing to alert you...but I am sure you had the chance to notice that many times such crossing can be reversed very quicly in the exact opposite direction.

As a result I started to look for pairs that I feel have longer/smoother cycles that could work good better with SIDUS's method, and those are:

AUD/JPY
EUR/AUD
EUR/GBP
GBP/CHF

Let me know what you guys think.

Future
"Lunch ? Lunch Is For Wimps !"
  • #1,173
  • Aug 23, 2006 1:00pm Aug 23, 2006 1:00pm
Quoting MrFuture
I don't know about you guys, but I feel that contrary to what SIDUS suggested, this method is not always that good for EUR/USD, since the pair moves very irregularly at times with short cycles.

However, I do feel that with his other pair of choice, the EUR/GBP, his method works wonders, 'cause it has more regular, smooth and longer cycles than the EUR/USD.

When you look at SIDUS' original pdf file on page one and you look at his examples on charts, the difference is obvious. He uses 1 example with the EUR/USD (1st chart) and 3 examples with the EUR/GBP.

You can see the example on the EUR/USD chart that most of the times the entry and exit signals of the 18/28 ema's are very delayed. This happens because the EUR/USD movements do not last long enough.

But when you look at the EUR/GBP examples, the entry and exit signals give you plenty of time to ride the trade with profits, as a result of the pair having longer cycles.

Now, you could say that on the EUR/USD all you need is the 5/12 ema crossing to alert you...but I am sure you had the chance to notice that many times such crossing can be reversed very quicly in the exact opposite direction.

As a result I started to look for pairs that I feel have longer/smoother cycles that could work good better with SIDUS's method, and those are:

AUD/JPY
EUR/AUD
EUR/GBP
GBP/CHF

Let me know what you guys think.

Future
Thanks MrFuture,

Do you only use the original Sidus method? Have you back tested them?
  • #1,174
  • Aug 23, 2006 1:24pm Aug 23, 2006 1:24pm
Thank you MrFuture,you're right...on EUR/GBD the system works well

Canados
  • #1,175
  • Aug 23, 2006 5:21pm Aug 23, 2006 5:21pm
Ok, I tried as much as I can to read as much as I can, I spent like 2 1/2 h on computer reading most of 12 hundred posts. I would be very grateful if someone would summarize (at least until we get Sidus v2.0) about what system is used at the moment. By the way, thank to all of you guys out there who make this possible.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

Regards
  • #1,176
  • Aug 23, 2006 9:01pm Aug 23, 2006 9:01pm
Quoting fastbusiness
Ok, I tried as much as I can to read as much as I can, I spent like 2 1/2 h on computer reading most of 12 hundred posts. I would be very grateful if someone would summarize (at least until we get Sidus v2.0) about what system is used at the moment. By the way, thank to all of you guys out there who make this possible.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

<o></o>

Regards
fastbusiness,

Some members on this thread are working on it. Be patient.
  • #1,177
  • Aug 23, 2006 9:28pm Aug 23, 2006 9:28pm
G'day fastbusiness,

Quoting fastbusiness
Ok, I tried as much as I can to read as much as I can, I spent like 2 1/2 h on computer reading most of 12 hundred posts. I would be very grateful if someone would summarize (at least until we get Sidus v2.0) about what system is used at the moment. By the way, thank to all of you guys out there who make this possible.<o></o>
Regards
If you've been through this thread then you must've seen summaries of what people are doing with this. There's a couple of different variants being traded and also a couple of threads in the journal forum.

It is a lot to read, especially if you've just discovered FF or this thread. But, it is well worth your time and effort to go through it and understand it.

And just a general comment re all the posts about Sidus v2.0. Yes, I will also have a look at it (if/when it is posted) but why aren't people focusing their efforts on what's currently here, rather on some elusive update to a system that already works!

Humans are amazing creatures...

Cheers,
Art...
  • #1,178
  • Aug 23, 2006 11:16pm Aug 23, 2006 11:16pm
Quoting Artamon
G'day fastbusiness,


If you've been through this thread then you must've seen summaries of what people are doing with this. There's a couple of different variants being traded and also a couple of threads in the journal forum.

It is a lot to read, especially if you've just discovered FF or this thread. But, it is well worth your time and effort to go through it and understand it.

And just a general comment re all the posts about Sidus v2.0. Yes, I will also have a look at it (if/when it is posted) but why aren't people focusing their efforts on what's currently here, rather on some elusive update to a system that already works!

Humans are amazing creatures...

Cheers,
Art...
Art is so right guys. I have thought about this but just didn't know how to say it. It will take a long time to read through this thread. If you want something bad enough, you will do whatever it takes to get it. If you just got done reading this whole thread and you still need to ask what is the strategy some are using, then you should have either taken notes, printed the good posts off, or go back to page 1 and read it all over again.

And with all the info in this 1,200 posts, why would someone even sit around ans wait for version 2 of the original system? It hasn't made sense to me why so many are waiting for it. Of course, I will read it when/if it comes out but, I aint holding my breath. I take what info I have now and use that to do what I am doing.
JOHN 3:16
  • #1,179
  • Aug 23, 2006 11:46pm Aug 23, 2006 11:46pm
Quoting fastbusiness
I would be very grateful if someone would summarize (at least until we get Sidus v2.0) about what system is used at the moment.
I follow the method listed in the first post of this thread on the 30 min charts.
  • #1,180
  • Aug 24, 2006 12:00am Aug 24, 2006 12:00am
Hi Renasdad,

I know you originally posted this one a few days back.

Where do i get this mtfchannel indicator?
Does it have any setting for specific time frames?
Have you found it to be at least some of the time useful as a part of the vegas, 5/12 cross, RSI (21) 50 cross setup?

And would you be able to post examples another example of its successful application?

Thanks in advance.



Quoting renasdad
Bago,

I remember you taking about those free signals you were getting. You are the one that added the RSI/50. I very much appreciate that. It definitely saves on some bad trades. For entry, I would look for price to be either near the Vegas tunnel or at the outter fib levels. I am also looking at using the mtfchannel indicator that peterdxb uses. When price/Tunnel/and the channel all line up, it is a very nice setup. It will require much more forward testing though. On the 1 hr charts, I use a 4 hr channel and a daily channel.

If you look at the first NZDUSD chart in my thread, that is exactly what happened. price bounced off tunnel and 4 hr channel and the daily channel was close by. Both channels were pointing up.


And just like you Bago, I like to zoom out on the longer time frames and see the longer term trend. That is what the mtf channel does too. It's like clock work sometimes.
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