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Akuma99 Not So Squeezy Journal

  • #281
  • Sep 1, 2006 12:04pm Sep 1, 2006 12:04pm
Hello Akumaa,
Which Company Meta Trader is used you. That i seeing the difference online . I have some changes in the Bollinger Squeez Basic And it shows the same result. That you post above chart. But you compulsory wrote about the company that meta trader is used you. I am waiting for your reply. Thanks for your anticiaption.
Arshad Warsi
  • #282
  • Sep 1, 2006 5:24pm Sep 1, 2006 5:24pm
I do not trade with them, but I use the Alpari feed for charting.
You can quit and they won't care, but you will always know.
  • #283
  • Sep 3, 2006 11:57am Sep 3, 2006 11:57am
Hi Akuma,

Thank you for your excellent journal. I have learnt a lot from you. Do you mind if I use your trade journal as a template in mine?

BTW, I don't know if it's just me, but unlike SMA 200 and the original 50, the SMA 100 doesn't seem to react with price much. Do you have any plan to change it? If you do you migh want to try EMA 25/150/365 (learnt from James' system).

aha
Target: Trading naked.
  • #284
  • Sep 3, 2006 9:58pm Sep 3, 2006 9:58pm
Hi Akuma,

Do you ever wait for the candle sticks to breakout in the direction of the trade? It seems from viewing the charts that often times the trade will continue in its original direction, strongly pushing up or down along the BB. By waiting for the candlestick to break off from the BB it would seem like you would have a better shot at the trade.

What are your thoughts on this?

Jason
  • #285
  • Sep 4, 2006 8:18am Sep 4, 2006 8:18am
Yeah, I noticed that too. But it seems that waiting for blue zone and a trigger in CCI or price action can keep you out of those trades.



Quoting jlowder
Hi Akuma,

Do you ever wait for the candle sticks to breakout in the direction of the trade? It seems from viewing the charts that often times the trade will continue in its original direction, strongly pushing up or down along the BB. By waiting for the candlestick to break off from the BB it would seem like you would have a better shot at the trade.

What are your thoughts on this?

Jason
Target: Trading naked.
  • #286
  • Sep 4, 2006 9:06pm Sep 4, 2006 9:06pm
aha is right, the key is to wait for a trigger, whether that be from the CCI, another indicator or price action itself (what I use), entering blindly at the lower BB is not prudent trading, price after all will tell you in the end what is going to happen, the indicator combination in this system simply tries to give you advanced warning to be ready for something to happen, and what levels to look out for.
You can quit and they won't care, but you will always know.
  • #287
  • Sep 4, 2006 10:00pm Sep 4, 2006 10:00pm
Quoting Akuma99
aha is right, the key is to wait for a trigger, whether that be from the CCI, another indicator or price action itself (what I use), entering blindly at the lower BB is not prudent trading, price after all will tell you in the end what is going to happen, the indicator combination in this system simply tries to give you advanced warning to be ready for something to happen, and what levels to look out for.
What I was getting at was that you could have everything lined up, with the blue color, the CCI and the price at the bottom of the band yet that alone isn't enough to get you into a good trade. The price could continue to ride along the BB for some time before changing directions. Thus my question about waiting for the price to move away from the BB after the other indicators are hit.

I'm seeing this right now, in fact, with the Eur/USD. Price hit the bottom of the BB, the CCI is blue and bounced off the zero line and the trend seemed to still point upwards.

I entered a long trade, but the price continues to hug the bottom of the BB going further downward.

Am I missing something in this picture?

Thanks.

Jason
Attached Image
  • #288
  • Sep 4, 2006 10:42pm Sep 4, 2006 10:42pm
This is what I am talking about when saying let price tell you when to enter, that should be your trigger, otherwise use an indicator of choice if that is what you prefer. Your entry is a valid one this time, as the 50CCI showed a zero line bounce, just above the 100SMA, nothing wrong with that at all. Let's see if it plays out as hoped, remember not all trades are going to be winners, so keep your losses small if your initial trade idea is wrong.
You can quit and they won't care, but you will always know.
  • #289
  • Sep 5, 2006 6:30pm Sep 5, 2006 6:30pm
Hi Akuma,

Have you been trading in the past two days? I found that most of the pairs are moving against their mid-trends. If I am correct, your system has a rule of trading in the direction of the long/mid-term trend. Right? Should we just stay out of the market and wait until the new trend stablize?

aha
Target: Trading naked.
  • #290
  • Sep 5, 2006 11:56pm Sep 5, 2006 11:56pm
Hi aha,

Yes i have been trading the last two days, as I mention previously I trade a couple of different methods, of which this one is only one. The markets as you say have been moving in a countertrend fashion in the last couple of days (especially yesterday), however this should only have resulted in one wrong trade a pair if you took for example, a long at the lower BB for the GBPUSD last night as I did.

In these conditions you can do one of two things, wait for the rainbow to fold over completely or to compress, giving you a trading plan of trend vs range trading, else for the really eager, drop down a time frame or two and take some smaller scalping trades while the market sorts itself out. The GBPUSD is an example of where you could have caught the trend change.

Please note though, if you haven't got the hang of the system on higher timeframes, forget about dropping down to lower ones where there is more noise and less time for decisions

http://img171.imageshack.us/img171/1195/gbpusd2ci6.gif

You can quit and they won't care, but you will always know.
  • #291
  • Sep 6, 2006 4:39pm Sep 6, 2006 4:39pm
Hi Akuma, thanks for the explanation.
Target: Trading naked.
  • #292
  • Sep 19, 2006 7:54am Sep 19, 2006 7:54am
Akuma99, where are you???


I miss you and your journal. Are you coming back?



Regards Boat
  • #293
  • Sep 28, 2006 12:10pm Sep 28, 2006 12:10pm
Allow me a quick question Akuma99,

Can you tell me where I can find info or how to get the 'time left
on a bar in a chart'. You have that right below the currency pair at the top left.

Thank you so much and as so many said before thank you for your wisdom !

Peter
  • #294
  • Sep 29, 2006 10:11pm Sep 29, 2006 10:11pm
Hello,

First of all I would like to thank Akuma and the rest of the contributors to this journal. For a relatively new trader to FX I appreciate your unconditional and generous contribution. My question is...where can I find a download for the rainbow mma for MT4?

Thank you again
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  • #295
  • Sep 29, 2006 10:22pm Sep 29, 2006 10:22pm
Quoting 4rex
Hello,

First of all I would like to thank Akuma and the rest of the contributors to this journal. For a relatively new trader to FX I appreciate your unconditional and generous contribution. My question is...where can I find a download for the rainbow mma for MT4?

Thank you again
see page one of this thread.post one attachedments
  • #296
  • Sep 30, 2006 7:08am Sep 30, 2006 7:08am
Hello,


Gideonspy,

I have tried the first post but if you click on the download link it only takes you to a post with no download capabilities. Anyother suggestions?
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  • #297
  • Sep 30, 2006 7:18am Sep 30, 2006 7:18am
4rex, did you try the link to the zip at the bottom of the first post, it is all the indicators bundled into one package ... here is the direct link:

http://www.forexfactory.com/forexfor...achmentid=5096
You can quit and they won't care, but you will always know.
  • #298
  • Sep 30, 2006 7:38am Sep 30, 2006 7:38am
Hi Akuma,


yes I have tried but it is not showing up in my navigator even after restarting MT4, what am I doing wrong? I hit save place it in the indicators folder, restart MT4 and nothing. Maybe I am not looking in the right place....
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  • #299
  • Sep 30, 2006 7:52am Sep 30, 2006 7:52am
You should find it in the "Custom indicators" folder of your navigator if you have placed them correctly.
You can quit and they won't care, but you will always know.
  • #300
  • Sep 30, 2006 8:17am Sep 30, 2006 8:17am
Hello Akuma,


I was finally able to do downloaded properly! I needed to extract the compressed file which ended up in a folder inside indicators and then I copied and pasted them in indicators along with the rest of them. It seems that for whatever reason they were not downloading while inside that subfolder.

Thank you again,
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