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  #131 (permalink)  
Old 08-09-2007, 03:08 AM
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Quote:
Originally Posted by yan7181 View Post
usd/jpy,eur/jpy,gbp/jpy H1 all having short signals, but were stop loss. The more decent signals todays is gbp/usd, which h1 and h4 both generate buying signal when pound fell below 2.02 and now is 2.0369, easily 200 pips. Maybe i will stick to enter when both h1 and h4 are having same signal.
Hey yan7181,

Use the system how you feel comfy. Did you take that +200?

Bear-
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  #132 (permalink)  
Old 08-09-2007, 03:11 AM
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Quote:
Originally Posted by Pip Meister View Post
Hi everyone,
Just something to note. I placed an 8,3,3 stochastic oscillator at the bottom and it can predict/confirm the arrow set up. I.e. if the stochs show the market is oversold, watch for the buy arrow to appear (or it will confirm the arrow), or if the stochs show the market overbought, then look for the sell arrow to appear (or be confirmed). The only setttings that you want to change before you place them on the chart are the following:

%K=8
%D=3
Slowing=3

All others should remain the same. Hope this helps. I know the tendency in these threads is that the longer they go, usually the more complicated they get....I may have just complicated this...so take it with a grain of salt.

Pip Meister
Hey Pip Meister,

Thank for your input. See you on skype. Good luck on your trading.

Bear-
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  #133 (permalink)  
Old 08-09-2007, 03:13 AM
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Quote:
Originally Posted by Poocher View Post
Okay Walter, have you pulled the trigger yet!!!
Hey Poocher,

LOL LOL LOL GOOD ONE LOL LOL LOL

Bear-
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  #134 (permalink)  
Old 08-09-2007, 03:15 AM
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Quote:
Originally Posted by Poocher View Post
Use an entry indicator on the period your using or enter on a lesser period.

So if your entering on 1 hour use a 1 hour entry signal or a 15 minute. I use a 15 minute signal from Attachment 40796

...and on 4 hour charts I enter using 1 hour signals from the indicator.
Hey Poocher,

Thats not exactly how the original rules work but if it works for you it works for me!!!!

Bear-

Last edited by bigbear3391; 08-09-2007 at 03:26 AM.
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  #135 (permalink)  
Old 08-09-2007, 03:16 AM
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This may also be some help. plot a RSI 2 with levels 97 and 3
When zigzag pointer and RSI 2 is below 97, could be the entry.
The RSI 2 will at times peg out for several hours so be paitent and wait for zigzag pointer alert.
Notice how the DT-zigzag-lauer can be used as support and resistance, and since they forma line there is no repaint there.

on these charts
4hr
nonlagzigzag
zigzagpointer - red and lime arrows
bykovtrend sig - gold and blue arrows
DT-zigzag-lauer - blue and red dots
thin red lines are the weekly start level
RSIalert 21 this alert continues so youll have to shut it down once it starts


1hr
nonlagzigzag
zigzagpointer - red and lime arrows
bykovtrend sig - gold and blue arrows
DT-zigzag-lauer - blue and red dots
RSIalert 2

rar file with all indys and my templates
Attached Files
File Type: rar FTC DRoe's setup.rar (14.1 KB, 719 views)

Last edited by droesparky; 08-09-2007 at 03:23 AM.
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  #136 (permalink)  
Old 08-09-2007, 03:17 AM
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Quote:
Originally Posted by Poocher View Post
Then if you get stopped out its your decision to reenter on the next entry indictor signal or wait for a whole new setup. That's a money management decision each of us has to make for ourselves.
Hope I don't sound preachy cuz I'm talking to myself as much as to anyone.

Hey Poocher,

Thats a good way to put it. Wise words.

Bear-
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  #137 (permalink)  
Old 08-09-2007, 03:20 AM
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Quote:
Originally Posted by bigbear3391 View Post
Hey Chris,

Im sorry about that. I guess I didnt notice that.

OK in a nut shell this is MY MM:

Note*

I am not yelling, I am just writing it in all caps so you will notice it better.

I PLACE MY STOP BEHIND THE ARROW, ABOVE/BELOW THE HIGH/LOW OF THE CANDLE WITH THE ARROW.

MY NUMBERS ARE NO MORE THAN 30 ON THE EUR/JPY 1HR & 60 ON THE GBP/JPY 4 HR.

Thats it. simple. Heres why:

The arrow will go away if the last high/low is broken. So that acts as my stop. The earlier you get in the smaller your stop can be.

I have had stops as low 10 on the GBP/JPY & still hit triple digits gains.

It happens.

Hope this helps.

Bear-
Quote:
Originally Posted by ly_bon View Post
just wondering can it be use in daily? what is your recomendation about the TP and SL in daily...
thx
Hey ly_bon,

With current settings it can be used as low as 1 hr & as high as Daily without warping the signal.

When it comes to SL & TP. Use the above rules.

But so you have an idea on a daily with the pairs I use I WOULD USE no more than 70 SL on E/J & no more than 150 on G/J.

TPs are the next bounce or next signal or according to your MM rules. Daily TPs range that I WOULD USE :

E/J = 210

G/J = 450

Hope that helps.

Bear-

Hope That Helps,

Bear-

Last edited by bigbear3391; 08-09-2007 at 03:24 AM.
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  #138 (permalink)  
Old 08-09-2007, 03:28 AM
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heres the template dont know why they didnt get in with the above.
and of course I forgot the most important part the charts.

hang on Ill get the charts

after a dozen trys I finally got it

notice the RSI 2 and the arrows

RSI 2 can give you problems after news and a strong trend is in place at other times it more reliable
Attached Images
File Type: gif 1.gif (11.7 KB, 2030 views)
File Type: gif 2.gif (12.8 KB, 2020 views)
Attached Files
File Type: tpl ftc 1hr.tpl (2.6 KB, 373 views)

Last edited by droesparky; 08-09-2007 at 03:37 AM.
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  #139 (permalink)  
Old 08-09-2007, 03:35 AM
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Quote:
Originally Posted by iinzall View Post
first time i don't pay attention on this thread, but after i read the first post, i am getting interested in very much, cause this trading system use zigzag as the main indicator.
i've been looking for a thread like this for several times. but couldn't find it...
taking the positive side of zigzag as the main indicator in a trading technique...
i have opened a thread in other forum about this zigzag indicator, actually i want to find the good side of this indi in trading, not only for predicting elliot wave and fibo, but how to enter the trade with this indi...
but, there is no one have good experince and good result in using this indi as the main indicator...then the thread doesn't continue...
Finally i guess find it now in this thread, let's make it a better my friend, taking the good side of this indi...
Thanks Bear for sharing this...
BTW, How about trade this in 1M chart, what is the best setting...do you have experience in this?

Best Regards,

IIN
Hey iinzall,

Thanks for the kind words. All you guyz rock 2. Thank for making me feel welcome.

About trading 1min, I dont recommend trading anything less than 4 hr. You will have many false signals.

But as far as FTC is concerned 1 hour is the BEAR minimum (pun intended) & daily is the max.

Hope that helps,

Bear-
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  #140 (permalink)  
Old 08-09-2007, 03:38 AM
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Quote:
Originally Posted by jtre View Post
Today I had some losses.

+100 gbp/usd
-40 pips on eur/jpy
-30 usd/jpy
-20 gbp/jpy

I am currently in some trades right now:

Locked +26 pips so far eur/jpy pair
Locked +10 pips so far usd/jpy
Hey jtre,

Win some, lose some.

What matters is the your monthly results.

You are doing great

Keep it up!!!!

Bear-
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