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  #461 (permalink)  
Old 08-28-2008, 04:18 PM
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Hi All!

Bravo Masemus for all those upgrade, you never stop to amaze me! And i like it!!


Honnestly, I'm not much into all those complicated formula and indic since i like simple and clear signal. I take an idea here and there and upgrade my system.

Here I am right now. Looking at 1m TF and 5M TF, i wait for the MACD, Stochastic and RSI to be in the same way, and also the Joget#2 to be over 31.8 on the second pulsion. -act like a ADX.

Looking at chart to see when price get to the price channel and broke it whit indic in the same way... we got a trade, just exit when price cross 10MA.

Just a suggestion!

Sans titre.JPG
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Last edited by inzider; 08-28-2008 at 05:23 PM.
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  #462 (permalink)  
Old 08-29-2008, 02:06 AM
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pip snagging, verse pip hogging...

Quote:
Originally Posted by masemus View Post
just... variation 'n how to ?
Masemus, I like your set up, I know for a fact i can trade it rather effectively. But like most traders who already have a system they tend to stick with it and just add a few new elements...I know alot of newbies will find a much easier time observing systems with some basic rules than they ever could just going through an index of over 1000 indicators trying to put something together all on their own, that can take months.

That being said, I just wnated to coment on your smaller time frame tri-chart set up, it's always a good idea to watch up to 2 longer time frames outside of your entry time frame, i.e. trade the 5 min off the 1hr, but know the trend of the daily of even 4hr. Often alot of traders get themselves in situations where they see an over bought/sold condition but they are not always paying attention to lower/highs and higher/lows.

So what ends up happening is you initiate your trade on a bigger time frames say the 1hr, by the time your stochastic, rsi, cci goes clear over bought, from over sold, you ask yourself why did it only move 30 pips, it's alot easier said than done but you need to know not to trade counter trend with bigger time frames, that is why I like your set up and most successful traders are the super active variety.

They are the types where if it is a counter trend move, while you may have got 30 pips on the 1hr condition signal, that could have been 50 or 60 entering on the 5 min or even the 1 min, if you enter on the 1 min, make sure you are using some setting on your oscillator that is VERY slow, for instance i use a 89-5-5 stochastic closed/closed. less whip say plus or min 10 pips, and higher degree of probability to score 30-50 pips plus depending on the pair.

The good thing about trading the 1 min is you can nail down 2-3 good high probabilty trades and your oscillators have a much less likely chance of flat lining where you may see a condition, enter, and you are waiting for it to react and go the other way, but it's just not happening, because another high time frame is superior with it's momentum.

For any beginer there is alot less pain and suffering trading this way, while it may not be as exciting as hitting a 70-100 plus move, your degree of success will be higher and those pip totals will add up over time, risk to reward will never be 3:1, more like 1:1, but the probability of success will be higher!
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  #463 (permalink)  
Old 08-29-2008, 02:28 AM
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pip snagging verse pip hogging

I just wanted to also add the institutionals rarely are concerned with retail traders who trade the 1 min and 5 min, they hunt the guys going for 3:1 and higher with 60-100 or more pip stops.

try enter off the 4hr sometime it's no easy task, that is why you need to enter it on the 5 min or 15, but if you have an upward bias and see big pip, profit potential, and get in early and are up 30 pips, but thinking larger than life that this thing is going 200 plus pips, and it very well may.

Only after you could have took those 30 pips worth of profit before it comes back into you for 60, then they have your physcology right where they want it, did you get out at breakeven? very doubful, the greed element so know your 200 pips worth of excitement are minus 30 in fear, right when your indicators show no real direction of bias, you are scattering for answers, while the guy trading the 1 min, banked those 30 you passed on, and took the down move to make another 30, like you having an upward bias.

The market determines when it will move and how much, you can have an ADR of 80 pips daily, that is one entry on the 1hr if you dare, maybe 2 good signal on the 15 min, and if you get the core of those pips you might get 40-50 pips, not bad, byt you better be good.

Now if you are trading the 5 min, you may get 3-4 good opportunities possibly getitng all of that ADR or more, and on the 1 min, I have seen guys and myself included do double the average daily range, with 5-6 good opportunities.

so when you see a guy that says I made over 200 pips today, and the high/low of the day was only 80 pips, you know why, especially if they are talking linear pips, and not multiple lots or correlationg pairs.
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  #464 (permalink)  
Old 08-29-2008, 03:56 AM
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Hi Masemus! Thank you for sharing your system its great! You are really creative gay! Can you explain how i can fix this message from my Expert tab in metatrader? I have this one: 2008.08.28 21:49:18 +JoGET#58+ GBPJPY,M15: first parameter for iStdDevOnArray indicator must be an array its getting on every pair and every second min etc. Thank you!
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  #465 (permalink)  
Old 08-29-2008, 10:31 PM
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Masemus, you must see this.
I'm late to know it.


FOREX INITION PROFESSIONAL TRADING SYSTEM - eBay (item 180282307149 end time Aug-29-08 16:34:20 PDT)
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  #466 (permalink)  
Old 08-29-2008, 11:20 PM
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Its funny and really sad at the same time!....
Even more when you know you can get it here....

Scam , scam... and.... more scam!

.....
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Last edited by newdigital; 08-30-2008 at 07:01 AM. Reason: deleted the quote sorry as it is much bigger then my screen on PC - difficult to moderate
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  #467 (permalink)  
Old 08-30-2008, 07:29 AM
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Quote:
Originally Posted by ServerUang View Post
Report the items on ebay
Attached Images
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x.x.x.x.x. $$$ x.x.x.x.x.
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  #468 (permalink)  
Old 08-30-2008, 12:30 PM
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$13 it sold for

If you look through his site he only sellling this stuff for mostly $10 and less. Maybe one day they will get a life and come up with their own stuff? Good find.
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  #469 (permalink)  
Old 08-30-2008, 02:58 PM
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wow!!!

Just goes to show you, I have only been on this forum a short while, and been to many, and this place is very unique with all that is freely given. Unfortunately you have to know THERE is a dark side out there as in any type of business, more so in the trading arena. So many people wanting to better thier lives and are hungry to do so sparing no expense.

Truth is many are young kids, wannabees, who see easy money, off of other people efforts, having a good system is nothing with out knowing certain prie patterns, behaviors, harmonics/geometry.

So, the lossers, the lazy ones, who only seek the lure of easy money will never be wired to be successful, business oreinted type of successful traders, because there is a sacrafice of time, and possible loss of money.

But, the audience or market for the forex is SO hot right now, when I first googled forex 4 years ago there were 250,000 listings, it has grown 100 times that. So, you find a young kid born with a mouse in his hand, and can do things on a computer that most could never do, you have all the darkside coming into the enviroment, just believe in karma, what goes around comes around.

I have been hacked personally so many times, from my IP address being exposed on forums, file sharing with would be wanna be traders vis IM it's not even funny.

I for one encourage Maxemus to see the forrest through the trees and all it's wonfers it truely beholds...That is your reward, doing the good deeds making a difference in perhaps just one persons life.

Just amazing, truely. You are a kindred spirit, don't let the turkeys get you down!!!!
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  #470 (permalink)  
Old 08-30-2008, 03:05 PM
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O my God

it's a joke or what amazing
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