Strategies, Systems & Indicators

[sanjoy_roy]

May I request all forum members to give breathing space to Edward. He is helping us here and supporting us to learn something. Please be humane towards him.

Posting angry PMs to him is totally unacceptable. Hope we will have mature behaviors from the forum members.

Thanks,
Sanjoy

Guys cool down, I am getting quite angry pms that I am not interested in solving your problems and stuff....

Lets first get this cleared, I have a business of corporate training and recruitment secondly i am into trading forex too, which normally requires a bit of time and concentration. So it's not like that this thread is the only thing that keeps me busy. And astonishingly I was just away for half a day, as I went today for the movie ' I hate Luv Stories' and behold, there are some furious forum members already vying for my blood.... so please be patient and remember you don't get 24 x 7 services in forums :rofl:

Everyone who comes and posts that the system is not working has not gone through the posts here, I have uploaded a new version in the first post, and i request you to download it once again and install... i will upload an installer for the newbies within a day or two that will make it easier for them...

So everyone who has this problem please go and download the updated version and install it..

request to other senior members who are following this thread, if you see someone complaining about the same problem, please just put a post about the updated version...

Sumit: the entry is on the candle one.. because our primary signal that is the crossover is already taken place... so dont wait for the arrow.... this way you can maximize the profits....
Secondly, you were right about forex trading is boring... For everyone who is making money in forex, it is boring to wait for the perfect setup... for everyone who wants the kick of gambling, forex is very exiting....

Khalidasan : vannakkam thalaiva,
you are right, stocks and even rsi and other oscillators will sometimes comply with our system, but always remember the rule of highs and lows... if you had seen carefully, buying above high and selling below low filters the wrong signals by 90 percent....

ss16021981;
Please download the system again from the first post and it will start working.. otherwise, download teamviewer and let me see when I am free, I will help you out...

VSSOMA:
As long as you are not missing profits, you are not missing anything....

I will post the time remaining indis link soon here...

 

[khalidhassan]

The Primary signal is crossover, so where is the crossover...
Remember in the post I said, an opposite arrow, may mean a retracement or a reversal... Now retracement can be of any magnitude... not neccessarily 30 pips...
Just looking at the arrows, if start taking calls, you will be frustrated in the longer run... the arrow signals are meant to be aiding you in decision making.. they themselves are not decisions by the system....

But surely it does look like a retracement... good beginning khalid
Have a look at the H 1 chart and comment... you will be surprised

thank you for your comment Edward.
am new in forex ,by posting those charts am seeking for disscusions.
can you believe that till now i don't know how to make a buy or sell order using M4..??

 

[Edward]

Khalid and other friends,

Drawing trendlines, using stochs, rsi, ichimoku, kuchifoku, andrews pitchform, price action, resistance & support levels, fibs, gann, macd, ma's, etc etc.....

Use whatever you want khalid and friends.... the idea is to get 'Confidence and conviction' in whatever we follow.... Remember, having a good system is just the first stepping stone to success in Forex. The second is gaining confidence and conviction in your system. People are so upbeat about systems and strategies that they forget that your confidence, which actually brings Emotional discipline, if missing will ruin you in forex trading.

You know, people approach the same problems with different tools in life, let me give you an example...

Imagine a merchant whose business is not doing well: If you ask what he should do to 100 people these would be the probable answers.

1. hire a business management consultant
2. hire a good sales manager or fire the existing one
3. your Vastu is not good, here is my vaastu shastri's no.
4. currently you are having Shani mahadasha, do this yagna
5. your competitor has done something to you, consult my tantrik
6. your interior is not good, change your interiors
7. havans, yagnas, taviz, prasads, shave your head at xyz temple

Etc etc.... same problem different approach, but remember, everyone is upbeat about their own solutions that they believe, it's surprising to see that it does work for them... may be it just gives them the strength and courage to hold on for a little longer, to persevere , to fight, to hope and to take failure as a stepping stone... I don't know but the Emotional balance comes from this kind of beliefs...

So, it's important to have things that gives you that extra emotional stabililty... but be warned too much of indis will give you more confusion too.

Go ahead and use whatever you want, but with a balance...
and happy trading to you guys

 

[khalidhassan]

UPDATED CHART

 

[Edward]

There is a beginning for everyone in everything.. so just hang on.. a favorite quote of mine is, ' you can get anything if you are ready to pay the price', skills to trade forex successfully also falls under this category... so hang on, learn practice, practice and learn...

anyways my congratulations to you for you first call to be successful, EJ bounced back as you said, till now it's a 26 pip rebound, ... and it looks good..

thank you for your comment Edward.
am new in forex ,by posting those charts am seeking for disscusions.
can you believe that till now i don't know how to make a buy or sell order using M4..??

 

[khalidhassan]

There is a beginning for everyone in everything.. so just hang on.. a favorite quote of mine is, ' you can get anything if you are ready to pay the price', skills to trade forex successfully also falls under this category... so hang on, learn practice, practice and learn...

anyways my congratulations to you for you first call to be successful, EJ bounced back as you said, till now it's a 26 pip rebound, ... and it looks good..

:clap::clap::clap::clap:

 

[khalidhassan]

anyways my congratulations to you for you first call to be successful, EJ bounced back as you said, till now it's a 26 pip rebound, ... and it looks good..

MORE THAN 40 PIP:clap::clap::clap:

 

[Edward]

Khalid and friends,

did you note one thing, that the real bounce was only after the crossover... till then it was kind of struggling with the resistance, but once the crossover was in place, and the high was broken, voila we have a feast of pips... and also remember the new signal coincided with the pre opening session of the US markets...

MORE THAN 40 PIP:clap::clap::clap:

 

[khalidhassan]

ANOTHER TRY

Uploaded with ImageShack.us

I THINK WE SHOULD WAIT TO CLOSE OF CURRENT CANDLE , IF IT CLOSE ABOVE THE RESISTANCE (RED LINE) THEN WE CAN ENTER bUY .
AT LEAST 10 - 15 PIP.

JUST A TRY..

 

[khalidhassan]

another try

uploaded with imageshack.us

i think we should wait to close of current candle , if it close above the d resistance (red line) then we can enter buy .
At least 10 - 15 pip.

Just a try..

i think we could buy when the previous candle closed above the daily resistance (red line) with stop of 10 pip.
Am i right friends??