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  #11 (permalink)  
Old 03-22-2007, 05:20 AM
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Chart attached .. i hope

I ment the cross as on the chart for the 4 hour system on the gpb/usd
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File Type: gif chart.GIF (62.5 KB, 62 views)
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  #12 (permalink)  
Old 03-22-2007, 09:45 AM
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(I assume you meant the GBP/JPY because that's the chart you attached )

I am using the MACD indicator that Vanessa said to use with her system so my chart looks different than yours. I didn't trade that one because I was already in another trade . Her system says you need two out of the three indicators to line up before entering a trade so even though the 6 EMA crossed crossed below the 13 SMA the MACD never crossed down and parabolic SAR was still below the price (See my chart) so I wouldn't have went short . If you we're long from the 3/15 signal than I would've exited because her rules say to exit on the MA cross but once it crossed back up all three indicators we're in position for a continuation of a uptrend.

Topgun

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Originally Posted by n_aftab View Post
Chart attached .. i hope

I ment the cross as on the chart for the 4 hour system on the gpb/usd

Last edited by topgun; 03-22-2007 at 10:13 AM.
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  #13 (permalink)  
Old 03-22-2007, 10:13 AM
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Topgun,

sorry mate yeah i ment gpb/jpy,
I guess your right there the macd hasn`t quite crossed, it came close, glad to know somebody else is using the system.

Had i entered there i would have lost out, now i`m waiting for the next signal.
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  #14 (permalink)  
Old 03-22-2007, 10:17 AM
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For some strange reason I can't upload BMP's anymore. It just says done otherwise I was going to upload my screen. Attached is the MACD NO Histogram that she says to us ewith the EA but I don't think it really matters which one you use. I think this one seems to work better on her system. Check it out.

Topgun


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Originally Posted by n_aftab View Post
Topgun,

sorry mate yeah i ment gpb/jpy,
I guess your right there the macd hasn`t quite crossed, it came close, glad to know somebody else is using the system.

Had i entered there i would have lost out, now i`m waiting for the next signal.
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File Type: zip MACD NO Histogram.zip (1.0 KB, 24 views)
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  #15 (permalink)  
Old 03-22-2007, 10:22 AM
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Just added it, the lines are exactly the same, just no histogram.

thanks

Naeem
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  #16 (permalink)  
Old 03-22-2007, 10:35 AM
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I guess it just the way our charts our setup than because yours looks like there about to cross at that one point and mine are not even close to touching. Whatver works . I can't wait for this pair to start to come down but I don't want to take a trade on Friday and definately not through the weekend so it looks like this week is done .

Topgun


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Originally Posted by n_aftab View Post
Just added it, the lines are exactly the same, just no histogram.

thanks

Naeem
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  #17 (permalink)  
Old 03-22-2007, 10:50 AM
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just to check are you using ther macd settings 12,26 and 9?

Are you using the intraday system aswell, i`m looking at it on the eur/usd and it looks ok. Just demoing it
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  #18 (permalink)  
Old 03-22-2007, 12:20 PM
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Those are my settings. It's probably just the screen sizing that is changing the appearance. I tried the intraday but I didn't like it because I don't care for the Awesome Oscillator. I am using a modified version of the 45-a-day system for intraday and the VanessaFX 4hour system for swing trading. I am still trying to learn as much as I can about elliots wave, fibonacci, Gartley patterns & trendlines just improve the effectiveness of any system .

Topgun


Quote:
Originally Posted by n_aftab View Post
just to check are you using ther macd settings 12,26 and 9?

Are you using the intraday system aswell, i`m looking at it on the eur/usd and it looks ok. Just demoing it
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  #19 (permalink)  
Old 03-22-2007, 01:59 PM
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thanks for the replys Topgun.
Let us know how you get on with the vanessafx system.
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  #20 (permalink)  
Old 03-23-2007, 09:58 AM
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Anytime. Did you notice we have a perfect entry on Vanessa's 4 hour system on the GBP/JPY @ 231.00. The moving averages crossed, Parabolic SAR is above the price & MACD lines crossed down not to mention it formed a nice triangle and broke out to the South. Unfortunately it's Friday which is a bad day to trade on so I entered early @ 231.93 on my intraday system on this pair. I'm looking to close out by 4et. Thanks for FX I actually look forward to Sunday night .

Have a good weekend!!

Topgun


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Originally Posted by n_aftab View Post
thanks for the replys Topgun.
Let us know how you get on with the vanessafx system.
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