HAMA PAD - A Simple Trading Approach - Page 52 - Forex-TSD

creztor · #**511** (**permalink**) 10-25-2006, 11:42 AM

bwilhite very well said, there is more to it than just chop, and you put perfectly in words my thoughts.

spiritfriends · #**512** (**permalink**) 10-25-2006, 01:36 PM

Good Morning to all Hama Padders.

If I could share here.I've been in the game a while and one thing I learnt is to keep and open mind.We are creatures of habit and as a rule women tend to adapt quickly to change where we tend to kick and scream a little.That being said,when FX posts the combined versions with explanations it will be like the sun coming up on a beautiful Costa Rican beach!

Version 1 is indeed simple in it's presentation but many pips are left on the table if one doesn't use his/her skills to maximize.With the new versions we can leave the broom and dust pan behind and get fat on the gravy!
Just a quick note about todays trading.Believe in what you see (HAMA PAD) not what you hear.

David

fxcruiser · #**513** (**permalink**) 10-25-2006, 02:10 PM

when this thread was started and the HAMA PAD was suggested as A Simple Trading Approach. It has come a long way since, now over 500 posts. It was said that in my journey I "have to look back where I came from to reach the destination where I am going." Whatever, let's look back at these trailerblazers before I reply to all the other posts.

* pipsnapper posted the first reply within the first hour.
* Linuxser followed with this post. He has gone to join up with mrtools and developed the Dolly System, a retrofit of the most ever popular and "most accused" Indonesian entry to trading system, The WSS - Winning Solutions Sytem and, thereafter cloned with The Valasholic. You guys may want to say Hello to Dolly. You may like it and decide to stay. mrtools and Linuxser were very helpful to me in getting this thread going.
* radicalmoses made his comments on this post #4
* cafedacruz was here and gone. Maybe, he has developed his own system based on HAMA and kept to himself. hehehe! Or, he could have just dumped it. Then, there is the >
* hulahula the "adrenalin machine" with his post here. He couldn't wait to grow up to rename himself "FX Sniper_2"

and gone around many threads with his welcomed excitement.
* viat expressed his interest here. I think he is around somewhere here.
* kevmcfoster was here looking for the indicators and gone, back, gone, and back still looking for the indicators. I hope you find it for whatever purpose you may want to use it for.

There you go, Day 1 of HAMA PAD on TSD forum. That's the past, now to the present, and later a glance to the future.

ENJOY!

fxcruiser

bwilhite · #**514** (**permalink**) 10-25-2006, 02:14 PM

Quote:

Originally Posted by spiritfriends

Good Morning to all Hama Padders.

If I could share here.I've been in the game a while and one thing I learnt is to keep and open mind.We are creatures of habit and as a rule women tend to adapt quickly to change where we tend to kick and scream a little.That being said,when FX posts the combined versions with explanations it will be like the sun coming up on a beautiful Costa Rican beach!

Version 1 is indeed simple in it's presentation but many pips are left on the table if one doesn't use his/her skills to maximize.With the new versions we can leave the broom and dust pan behind and get fat on the gravy!
Just a quick note about todays trading.Believe in what you see (HAMA PAD) not what you hear.

David

Thanks David...sound words. Personally, I'm patient enough to wait, meanwhile continuing to learn. Btw, I assume that all systems/strategies will break sometime in the future (although they may not), therefore I'm always exploring and developing new ideas. As some strategies/systems die out (which is predefined) I will have new ones to take their place. So we definitely need an open mind (natural to me), but also a critical decisiveness (which I learned in grad school).

Mmmmmm....gravy!

fxcruiser · #**515** (**permalink**) 10-25-2006, 02:26 PM

Quote:

Originally Posted by Gramski

Give me a song or rhythm
Making 'em sweat that's what I'm giving 'em
Now they know when you talk about the Hama
You talk about a show that's hyped and tight
Singers are sweatin' so pass them a mic
Or a tape to learn what it's gonna take
And now he's gonna burn
The charts legit either work hard
Or you might as well quit...

Let me start with this one coz this could be a "hit" song. Gramski, I applaud your display of talent beyond your trading skills.

Hey, in case, you need a manager, producer, a hyper guy, promoter, I may fit the qualification requirement. The job may let me quit trading.

Freedom down the drain.

ENJOY!

fxcruiser

spiritfriends · #**516** (**permalink**) 10-25-2006, 04:43 PM

One live trade this morning for me.USD/CAD M5 in @ 1.1271,added 2 more lots at 1.1258 when the line crossed from NTZ and out @ 1.1249.Now the reason I got in at 1.1271 is this.A red bar appeared after the blues indicating a reverse coming.I waited for the next bar to drop below the low of the 1st bar and entered @ 1.1271.When the line crossed the bottom Ravi line I enetered 2 more lots @ 1.1258.When I see 3 long bars uninterupted I always suspect the move is complete...for now.So when the price started to retreat it confirmed the moved was completed and exited @ 1.1249.
Other than some trades forming for gold and silver a rather quiet morning.News @ 2:15.Beware.

Chart attached but sorry I haven't mastered the test application yet.

David