Hi Pilofe,

Yes,i use cycle analysis and thus don`t follow blindly my own system since I try to optimize on it,though most of the time I end up having the same results..
What I always do is never going against the system,so,if in a downtrend i look either for system sell opportunities or for cyclic selling opportunities

MM no problem,i use a leverage from 5 to 1 to 10 to 1 of my account,and my stop is always the chandelier stops based on volatility AT THE 1H BAR CLOSE,my experience tells me that this is equivalent to running a 30/35 pips stop in level of risk..ON AVERAGE

LOTS i use several lots,and i try to scale into positions in 2 legs maximum,usually but not always

EXAMPLE:Suppose you have 100k EUR in account andwant to sell EURJPY yesterday as per simbasystem signal..so 5 or 10 to 1 leverage means you are going to sell 500k or 1mm EUR ,lets presume 1mm..equivalent to 10 lots,and you split it into 2 legs,so you sell 5 lots at the first signal(check the pics of my previous post)signal and look to sell 5 more at the second signal..then you are set and the Chandelier stops manage your trade

TP:I use several strategies too discretional for my taste,my research tells me that it is better to go for a ride,when i finish it i will post

Hope it helped
Simba

Hi All,

Please check the attached pic..as I mentioned 2 or 3 posts ago,cable is in an undefined situation satl still blue,but chandelier signalling a downtrend..with continuous switching up and down in the position of the Chandelier...
In addition i have posted 2 "valid discretional" signals..

1-VALID DISCRETIONAL SIGNAL:According to your TP strategy it could have yielde 20 pips(highly improbable),it was stopped after about 35 to 40 minutes with a loss (more probable) of -20 pips..se below for the meaning of discretional..

2-VALID DISCRETIONAL SIGNAL:According to the research done by Malcik,below blue satl is unprofitable in the long term,this research is actually being tested extensively,though not conclusive,looks like a good idea pending final test results..anyway,in this particular case the signal yielded from 30 to 40 pips and was in the positive for hours..

As of this moment cable is in a "almost"downtrend ,pending the change of satl from blue to red,which looks set up to happen in this 4h bar..so,nothing to do ,for the moment in it

Simba

Attached Images

5mentries.gif (32.9 KB, 448 views)

Hi All,

We have had 3 more signals in the 5m tf

1-EURJPY :Sold at 156.85..actually closed at 156.36 ....+49 pips counting the spread

2-USDJPY: Sold at 118.65..actually closed at 118.45...+20 pips counting the spread

3-USDCHF:Sold at 121.90..stopped out at 122.12 counting the spread..-22 pips

Total in pips:+47

Please attached pics
Simba

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	5mentries2.gif (25.1 KB, 211 views)
	5mentries3.gif (28.2 KB, 205 views)

hi all,
today cable signal.sell @1.9635

Attached Images

cable.gif (19.3 KB, 421 views)

Hi heaven2002,

Thanks for posting,

Though what you posted would have been profitable,it was not a sell signal,just by a thin hair..but it wasn`t

You need a 5m close ABOVE the -5 line..

Thanks again and Regards
Simba

Simba,

More perfect impossible.

Thanks

Angelo

Simba,


Can We use the system in other pairs with “confidence”?
I thought that we could only use in the GBP/USD.

Thanks...

Angelo

usd/cad a buy signal

Attached Images

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go to bad yesterday very hungry on my self not follow simba rule, and get in on not valid signal and stop out 20 pips , wait to another signal get in and got to bad , this mornning wake and i make 85 pips.

look was a nice move!

Attached Images

eurjpy.gif (32.2 KB, 401 views)

Hi Angelo,

Yes,you can use on the majors,the most confidence is in cable,then usdchf,usdjpy,eurjpy,eurusd in that order,though for these 3 latest i would say that it is better if you require some kind of confirmation..for exmple:
When you see the same move developing for all correlatedpairs,ie:upsignal for cable and eurusd,down signal for usdchf..you can trade with confidence..if you see strange uncorrelated behaviours,better to pass

Regards
Simba