Go Back   BabyPips.com Forex Forum > "The Holy Grails" > Free Forex Trading Systems


Free Forex Trading Systems Got the "Holy Grail" system? Want to share it for free and become everyone's hero? This is the place to do it. (No advertisers please!) Also, follow along as our very own Pip Surfer posts daily updates from his Cowabunga System in the Pip My System Forex Blog.

Reply
 
LinkBack Thread Tools Display Modes
  #171 (permalink)  
Old 03-06-2008, 04:18 PM
Newbie
 

Join Date: Nov 2007
Posts: 25
Default

Hi ozy007
E/U if you look on the daily you could have got in around the 22/2
@ 1.4831 and then in again on the 4h chart @ 1.5268

Also the U/J Daily then 4h
Reply With Quote
  #172 (permalink)  
Old 03-07-2008, 01:29 AM
Junior Member
 

Join Date: Jan 2008
Posts: 67
Default

My IcyCloud Trades.
Long GBP/USD since 5th March
Short USD/JPY since 6th March
Reply With Quote
  #173 (permalink)  
Old 03-07-2008, 05:00 AM
Senior Member
 

Join Date: Sep 2007
Location: 30mins North of London
Posts: 182
Default

Quote:
Originally Posted by jomni View Post
My IcyCloud Trades.
Long GBP/USD since 5th March
Short USD/JPY since 6th March
Will you be using Icy's original exit rules and exit on an opposite PSAR dot, or do you try and limit the 'give back' with a trendline break or similar?
Reply With Quote
  #174 (permalink)  
Old 03-07-2008, 05:54 PM
Junior Member
 

Join Date: Jan 2008
Posts: 67
Default

Quote:
Originally Posted by Cowaboi View Post
Will you be using Icy's original exit rules and exit on an opposite PSAR dot, or do you try and limit the 'give back' with a trendline break or similar?
Sad to say, I wait for reversal dot for the following reasons.

1) I don't watch the market the whole time so adjusting my stop every 4 hours is ideal. I can actually sleep on my positions comfortably.
2) I want it to be as mechanical as possible with no judgment involved (except for entry I guess).

I'm not after spectacular gains. I guess that's part of my personality. Anyway, all my positions are now 100% winning because the PSAR is already past the entry point. Some traders will feel bad because it has retraced significantly from the highs (and lows) already. But I'm still in.
Reply With Quote
  #175 (permalink)  
Old 03-10-2008, 04:18 PM
Newbie
 

Join Date: Aug 2007
Posts: 19
Default

In on the EU, AU and UJ short right now. Did not get in on the CAD long as the stop seemed to be too big on a large up candle. I tend to stay away from entries where there are long candles. They seem to be prone to whipsaws.
Reply With Quote
  #176 (permalink)  
Old 03-12-2008, 01:43 PM
Newbie
 

Join Date: Feb 2008
Posts: 11
Default

gbp/usd long
Reply With Quote
  #177 (permalink)  
Old 03-12-2008, 03:21 PM
Newbie
 

Join Date: Feb 2008
Posts: 11
Default

short usd/chf
Reply With Quote
  #178 (permalink)  
Old 03-12-2008, 11:02 PM
Junior Member
 

Join Date: Jan 2008
Posts: 67
Default

I have similar positions and I am long AUD/USD since 11th March.

I am currently doing some tests this month: IcyCloud vs. Plain PSAR

So far IcyCloud has better batting average than standard PSAR.
Although basic PSAR has potential for more gains, the whipsaws are eating up profits most of the time. This gives me more confidence on IcyCloud's BB filter... (consistent gains at acceptable risk-reward ratio).

Last edited by jomni; 03-12-2008 at 11:04 PM.
Reply With Quote
  #179 (permalink)  
Old 03-13-2008, 02:02 AM
icycloud's Avatar
Senior Member
 

Join Date: Mar 2007
Posts: 121
Send a message via MSN to icycloud
Default

Quote:
Originally Posted by bflag View Post
short usd/chf
Hi bflag, if ya notice, USD/CHF is the least effective pair for this system... post it up on the 1st page of forums.

great day

Best Reg
Chin Liang
Reply With Quote
  #180 (permalink)  
Old 03-13-2008, 07:27 PM
Junior Member
 

Join Date: Nov 2007
Posts: 54
Default

So the 4 best to use it on are eur/usd, usd/jpy, gbp/usd, aud/usd and usd/cad right? Is anybody getting into trades if psar is inside BB?

Last edited by ozzy007; 03-13-2008 at 07:30 PM.
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 06:06 PM.
Content Relevant URLs by vBSEO 3.3.1
"Notice that the stiffest tree is most easily cracked, while the bamboo or willow survives by bending with the wind."
Bruce Lee
Feedback Form