Parabolic SAR - that's all!

[dundee]

Originally Posted by kauaibobby

Has anyone been very consistant in winning with PSAR and not to much else.
It would be nice to keep things simple.
At least i hope we can.
Dale...... good to see you back here again.

I've traded two months now with real money. started with $100 and now I have $400. only with psar, I open always when new dot appears and then when I see nice profit I close it

and Dale nice to see you back. have you bought any COB albums with your forex profits?

[Tamiil]

Originally Posted by dundee

I've traded two months now with real money. started with $100 and now I have $400. only with psar, I open always when new dot appears and then when I see nice profit I close it

and Dale nice to see you back. have you bought any COB albums with your forex profits?

What do you consider nice profit? I've been forward testing this system for a week now and often the deal goes into profit, but if I stick to the SAR's dots it ends in losses. When is the right time to get out?

[dundee]

Originally Posted by Tamiil

What do you consider nice profit? I've been forward testing this system for a week now and often the deal goes into profit, but if I stick to the SAR's dots it ends in losses. When is the right time to get out?

I don't follow any indicators to exit, I just go with gut feeling. I think that even +50pips is better than -10pips, right?

[dpaterso]

Hey dundee,

'Forex profits'??? What is the meaning of the term 'Forex profits'??? I don't understand???

Are you kidding - I had to borrow money to buy Tarja's new album!!!

OK - things are not quite that bad - but I am still (very, very, very, slowly) 'clawing' my way out of the hole that I managed to dig for myself!!!

Nice to hear from you.

[ozzy007]

I have a demo acct. This week i just used psar and in one day i hit over 600 pips in mini lots. I ended at about 450 pips for the week because i closed out everything today friday. I had started on monday to just see what happened by opening up some lots. I used about 7k margin to open some pairs in Oanda. It went good for the week. I will try again next week.

[Bocajunior]

Hello all,

Good to see the thread still alive and to see some of the old school posters from when the thread began back onboard. Dale, good to see you back.

I've just returned from a job in deepest China so connection to the internet was not fast enough to access my brokers page, so no trades taken for a while. However, ones that were on before I left have added a bit of profit.

Current profit since system start is at now at 24%.

Open Positions
EUR/AUD Short
AUD/JPY Long
EUR/CHF Long
GBP/JPY Long
USD/JPY Long

Closed Positions
GBP/USD. Closed manually for a loss after Fed rate cut. -50 pips
USD/CAD Short. Stop Loss on reduced time frame for +350 pips
XAG/USD Long. Stop Loss on reduced time frame for +5000 pips
AUD/JPY Long. Stop Loss on reduced time frame for +180 pips
AUD/NZD Short. Stop Loss on reduced time frame for +100 pips
NZD/USD Long. Stop Loss on reduced time frame for +190 pips
XAG/USD Long. Stop Loss on daily PSAR. -5000 pips
NZD/USD Long. Stop Loss on reduced time frame for +50 pips
GBP/USD Long. Stop Loss on reduced time frame for +100
AUD/JPY Long Stop Loss on reduced timeframe for +650
EUR/AUD Short stop loss on reduced timeframe for +600 pips
EUR/JPY Long Stop loss on reduced timeframe for +700 pips
EUR/CHF Long Stopl loss on reduced timeframe for +150 pips
EUR/GBP Short Stop Loss for +50 pips
GBP/CHF Long Stop loss on reduced timeframe for +50 pips
EUR/USD Short Stop loss on PSAR for -100 pips
GBP/CHF Long. Stop Loss for -75 pips
AUD/USD Short. Stop Loss for -120 pips
EUR/AUD Long. Stop Loss for -270 pips
AUD/JPY Short. Stop Loss for -70 pips
NZD/USD Short. Stop Loss for -160 pips
EUR/CHF Short. Stop Loss for -40 pips
CAD/JPY Short. Stop Loss for -20 pips
EUR/SEK Long. Stop loss on reduced timefarme for +950 pips
USD/CNY Short. Stop Loss on reduced timeframe for +350 pips
CAD/JPY Long. Stop Loss for +90 pips
AUD/JPY Long. Stop Loss for -190 pips
EUR/AUD short. Stop Loss for -210 pips
EUR/USD Long. Stop loss on reduced time frame for +220 pips
NZD/USD Long Stop loss for +55 pips
AUD/USD Long. Stop loss for +60 pips
EUR/JPY Long. Stop loss for -220 pips
GBP/JPY Long. Stop Loss for -360 Pips
CHF/JPY Long. stop loss for -125 pips
USD/CHF Short. Stop loss for +260 pips
EUR/CHF Short. Stop loss for +200 pips
USD/NOK Short. Stop loss for -1000 pips
EUR/GBP Long. Stop loss for +100 pips
EUR/AUD Long. Stop loss for +450 pips
GBP/CHF Short. Stop loss for +900 pips
EUR/USD Long. Stop Loss for -220 pips
XAU/USD Long Stop loss for -4300 pips
USD/MXN Short. Stop Loss for +1000 pips
EUR/PLN Short. Stop Loss for +275 pips
EUR/GBP Short.Stop Loss for -25 pips
USD/CHF Long. Stop Loss for +200 pips
GBP/USD Long. Stop Loss for -300 pips
GBP/CHF Long. Stop Loss for +25 pips

Regards

[pip huntter]

Hey My old china

how r u dude what is up? so u r getting out of this hole ha?

NICE TO SEE U ON BOARD BACK DALE.

I can see that i missed so much from the thread i am really trying to do my best to finish my stuff so fast but hey having a 2 child with the almost he same age is a pain.

i got a new home and new car but not the X5 wish to have it from Trading!!!) I think Dale is tying to tell me something right now!!!

i am not trading right now as i still have some stuff to finish but to be honest i am so sick that i can't able to trade like u guys.

Regards,

Akram

Edit.

Dale i tried to contact u via email but i think it is not working anymore.

Originally Posted by dpaterso

Hey dundee,

'Forex profits'??? What is the meaning of the term 'Forex profits'??? I don't understand???

Are you kidding - I had to borrow money to buy Tarja's new album!!!

OK - things are not quite that bad - but I am still (very, very, very, slowly) 'clawing' my way out of the hole that I managed to dig for myself!!!

Nice to hear from you.

[pip huntter]

Hello Ozzy

Well again the psar if u wanna follow it blindly u will make money out of it but the million dollar question is do u really want to have this syetem and run it with free margin of 90% from the capital to make sure u will have a win win situation? if u r ok with that then i can tell u this method is going to work for 70%.

Have it this way if u want to be a trader and u have 10k to invest then u should trade with 1k and leave the 9k sitting to cover your self and to take the loss as much as u can then u will gain by the end of the day!!


Regards,

Akram

Originally Posted by ozzy007

I have a demo acct. This week i just used psar and in one day i hit over 600 pips in mini lots. I ended at about 450 pips for the week because i closed out everything today friday. I had started on monday to just see what happened by opening up some lots. I used about 7k margin to open some pairs in Oanda. It went good for the week. I will try again next week.

[pip huntter]

Hello boca,

So what u r using is the psar only is that right?


Regards,

Akram

[Bocajunior]

Originally Posted by pip huntter

Hello boca,

So what u r using is the psar only is that right?


Regards,

Akram

Hey Akram,
Good to see you back the thread as well.

At the begining, I was just using PSAR alone. Then I added MACD and now I have added ADX (14) as well. Add that all together and proper risk management, and that's all I have been doing.

Best Regards
Boca