Parabolic SAR - that's all!

[Hypechic]

Wow, there's been a lot of goings on in my absence.

[pip huntter]

OK GUYS,

what i am doing now is that i am following the EMA'S 8-21 AND waiting for the news for more volitility and confirmation and i go on buy or sell to day there are lots of news so i am using the tec. and the fundementail for sure u will never ever miss the trade if u do that so i a trying to get my account back to life althought i am still far away but at least i am gaining ,gaining and gaining slowlly but surelly

OH MY GOD i hope to get some recovery before my heart stops with the news i will tell u guys u r heart will really stops coz it is going up and down left and right ,back and forward!!!

Regards,

Akram

[pip huntter]

By the way

Today is the intrest rate for Canada and the expectations is the same like the previous ones which is 4.5%

So what i am thinking about is that if it is going to be less than the expectations and with the support of the EMA'S rules then this trade is lovely secured one to have if nothing happened lik that then don't u ever touch it or else u will get burned!! and am telling u guys it is is going to be less than what it is already u will see somthing happing huge here

But again that doesn't mean that u will pick USD/CAD don't do that coz USA has some news to be released as well so what i recomened it pick the GBP/CAD or EUR/CAD

Dale i am not taking to u now!! coz i know as a fact when u reading that now u want to break your lap top over my head as u hate news!!

Regards,

Akram

[dpaterso]

Good morning everyone, and how is everyone today (I'm getting a late start this morning because we had another power failure here AGAIN this morning - this is REALLY getting out of hand).

Anyway - maurizio77 - thanks for that post - much appreciated. You know - it's funny that you brought all of that up this morning and I'll tell you why: it's been worrying me lately that the elephants don't answer me back i.e. they just seem to ignore me. As a matter of fact I've been having the same problem with Tarja as well i.e. she never responds when I talk to her and she could be standing right next to me sometimes and it is as if she cannot hear me or something (I've actually developed quite a complex about this). Even my Chrysler does not respond when I talk to it. Anyway - that's a 'load off' - you've cleared it all up for me - thanks. At least I know it's not me!!! (Does this REALLY mean that Tarja is not standing next to me right now)??? YOU'VE SPOILED MY LIFE YOU BASTARD!!!

OK - I'd better watch it here. You KNOW I'm only kidding??? Right???

Actually - (I think) you and I have corresponded before on YOUR thread (but that could be my mind playing tricks on me - I'm not too sure now).

Anyway - I take everything that you said as a compliment (as any 'schizo' 'worth their salt' would)!!!

As Rob and I discussed earlier at some point (at least I THINK we had a discussion) I am an 'EXTREME' person. Patience has never been one of my 'strong points' (although this business is 'hell bent' on making me aware of it's merits I'll tell you). On the other hand I am one of those people that will pursue something (a course of action) until it either kills me, causes me to go insane, I lose interest, or (in this case) makes me a very wealthy man or puts me out on the street (whichever comes first)!!!

Actually - my best friend of nearly 22 years has 'summed me up' in one single word: 'RELENTLESS'!!! I think she's got it right and I do see it as one of my strong points!!! Believe it or not (most times) it's stood me in good stead!!!

OK - now 'let's get fu*kin crazy' here for a minute (Ozzy quote):

I know I have 'jumped around' quite a bit since starting this thread. Like I said before I think the absolute worst thing that happened to me was making that 'killing' at or around the end of July. It 'lulled' me into thinking that I had indeed found 'the perfect indicator' and I could not understand how 'little 'ol me' had discovered it's true potential and why nobody else (everybody else) was not just using Parabolic SAR. Well as we all know my 'windfall' was just that i.e. just a 'windfall'. So I've now spent the better part of three months trying to see what it's (Parabolic SAR's) shortcomings are and there are a few let's face it. Unfortuanately, like everyone else, I do not (no longer) have the money to pursue something 'relentlessley' to either 'prove to myself that I was right all along' or see 'just how wrong I was'. I therefore (now) try and adapt as quickly as possible (you know - 'adapt or die'). It is also important to note that a lot of the time I'm just putting my thoughts down as and when they come to me. They (my thoughts) may not always be 'valid' and I suppose for the most part they are 'impulsive' (another 'wonderful' character trait of mine) but I do believe that in doing this I will either 'spark' something off in myself or in someone else and the end result will be a 'robust' trading 'system' which, by the way, I really think we have finally have (unless I change my mind again of course)!!!

Anyway - thanks again for the post and the compliments (seriously). You know I'm only 'taking the mickey out of you' above. I have had a look at your 'EMA Step System' and I see (believe) it's great and is working for a lot of people.

I have to go now (I've got to make Tarja coffee and check my positions and - oh - I nearly forgot - I've got to go feed 'Dumbo' as well).

I see 'Just Joan' is back - where have you been???

Rob - you should be enjoying this IMMENSELY!!!

Glendon - I'm glad that this thread serves SOME purpose at least!!!

Thanks everyone - we'll correspond shortly!!!

Regards,

Dale.

[pip huntter]

Hey Dale

i think if u keep your self focusing more on your account Tarja will reply u back!! man she loves money and gold BUt u r selling the gold right now

Regards,

Akram

[dpaterso]

I don't have to - she's working on the melody and the lyrics for a new song on my piano as we speak!!!

Regards,

Dale.

[pip huntter]

Originally Posted by dpaterso

I don't have to - she's working on the melody and the lyrics for a new song on my piano as we speak!!!

Regards,

Dale.

Ohh man i better move to south Africa right now!!!


Akram

[Hypechic]

Hiya Dale,
I've been a little ill over the long holiday we had here. Then I returned to a very hectic Monday at work. Just now catching up with all the goings on on the thread and I gotta say, my head is spinning. I also saw that you went through quite a few levels of emotion..whew, at least you're feeling better now.

What system are you currently trading again? Scratch that, on second thoughts, I'll just go back and re-read.

[pip huntter]

Originally Posted by Hypechic

Hiya Dale,
I've been a little ill over the long holiday we had here. Then I returned to a very hectic Monday at work. Just now catching up with all the goings on on the thread and I gotta say, my head is spinning. What system are you currently trading again?

On second thoughts, I'll just go back and re-read.

Well hypechic,

to be honest there r 2 rules with EMA's AND I GOT THE SAME FEELINGS WHEN I SAW BOTH OF THEM i think i missed some of the posts as during the weekend i was having a vaction and i said no one will post any thing as during the week end as last week all of us were not feeling well from the trades!! and when i checked the thread i found alot of rules and i couldn't get the (8-21) EMA's rule but i guessed it!! i hope i am right!!

By the way i still could'nt find the rule but Dale's graf made it easier to understand without going to the post it self!!

Regards,

Akram

[dpaterso]

OK - well - another 'new' 'system' - I'm no longer happy with the EMA's - too many false signals - and Parabolic SAR - what's that???

I'M ONLY KIDDING - THIS IS NOT A 'NEW SYSTEM' - IT'S NOT 'ANOTHER SYSTEM' - THE EMA'S ARE WORKING WELL - DON'T CHANGE ANYTHING!!!

This is just a 'neat little trick' that I just found out about.

Let's say that you want to 'simulate' a daily EMA on a 30 minute chart.

You do this:

Forex trades 24 hours per day (right???).
There are therefore 48 30 minute periods in a day (in 24 hours) (24 hours multiplied by 60 minutes divided by 30 minutes equals 48).
Now multiply the EMA value by 48 and put it on your 30 minute chart.
What you now have is a 'simulation' of the daily EMA on your 30 minute chart.

For example:

Let's say that I want to 'simulate' the daily 8 EMA and the daily 21 EMA on my 30 minute chart. As per the above calculation I would multiply the 8 EMA by 48 (equals 384) and I would multiply the 21 EMA by 48 (equals 1008). So now on my 30 minute chart I call up a 384 EMA and a 1008 EMA and I can then see on my 30 minute chart a 'simulation' of the 8 EMA and the 21 EMA!!!

How about that!!!

Why would I want to do this???

Well - think about it. If I was going to trade using the 30 minute timeframe BUT ONLY in the direction of the EMA's on the daily timeframe I don't have to alternate between 2 charts i.e. all the information is right there in front of me.

I'm sure you could do this for ANY timeframe e.g. if you wanted to trade the 1 hour timeframe BUT ONLY in the direction of the EMA's on the 4 hour chart then - do the math!!!

(Once again I have John F. Carter to thank for this. I don't think he would mind me posting this here i.e. it's not copyright material it's just pure math).

Dale.

PS - By the way - sorry jlmac27 - I did not reply to you. I agree with you - the 1 hour timeframe seems to be the 'money shot' for people who don't have much patience (like me). It seems that on the 30 minute timeframe there are quite a few 'false EMA signals' or 'whipsaws'. Don't get me wrong here though - I AM trading the 30 minute timeframes at the moment on the indices and it's working very well BUT it's only because of the excessive 'shock' moves yesterday that it's working so well. I opened 2 forex positions this morning based on the 8 EMA and the 21 EMA on the 30 minute chart and both of them would have been closed by me (at a small loss) had the power not gone out this morning when it did i.e. the price hit the 21 EMA on both of them (actually on one of them the EMA's even crossed back up). Had I been watching this I would have closed at least one of them but fortuanately for me by the time the power came back on again the prices had moved back down again (the EMA's that had crossed earlier on the one position had crossed down again) and both positions are now in a (small) profit.

Look - this is a fact that NONE of us can get away from: the shorter the timeframe - the more 'false signals' and 'whipsaws' you're going to get - no question about that. On the other hand - I'm interested to see the results of my (the) EMA 'simulation' that I posted in this post i.e. trade the 30 minute charts but only in the direction of the 4 hour charts. This should really 'boost' the 'accuracy' of our 'system' don't you think???