Forex Trading Method (FTM) - Page 5

View Poll Results: what type of strategy is this

Voters
51. You may not vote on this poll
  • swing strategy

    26 50.98%
  • trend strategy

    15 29.41%
  • Range strategy

    2 3.92%
  • do not know

    8 15.69%
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Results 41 to 50 of 72
  1. #41
    Join Date
    Dec 2006
    Posts
    223
    I'm a bit confused with the system now as from what I can see there is now a fair list of indicators:

    SMA's
    RSI 14
    RSI 45
    Stoch 39 2 2
    MC / MACD
    Trend

    Should we now only be using the Stoch and RSI's? With regard to Stoch what exactly are you looking for with this please - divergence, crossing levels etc? And why is this better than the Trend and MACD at preventing losses during "choppy" periods in the market?

    Thanks for the help in understanding your system, sounds like it's worth putting the effort in to understand properly.

  2. #42
    Join Date
    Dec 2006
    Location
    Pakistan
    Posts
    55
    Trend and MACD are lagging indicators and will give you you whipsaws while unsmoothed stoch is not lagging indicators and keeps you fairly closer to market turns when it is ranging

  3. #43
    Join Date
    Dec 2006
    Posts
    6
    Hello..

    are you using any stop-loses? Or are you mainly exiting on the RSI 50 cross???

    and

    the what is the difference in RSI 14 and 45. RSI 14 moves around more than 45, am I right..

    thanks

    generalz

  4. #44
    Join Date
    Dec 2006
    Location
    Pakistan
    Posts
    55
    Quote Originally Posted by generalz View Post
    Hello..

    are you using any stop-loses? Or are you mainly exiting on the RSI 50 cross???

    and

    the what is the difference in RSI 14 and 45. RSI 14 moves around more than 45, am I right..

    thanks

    generalz
    you can just see the rules and attached charts. RSI 45 is less erratic as compared to RSi 14 and that is why it is been used for trend detrmination
    rules are as under
    1. When Trend and MC cross together in the direction of (weekly trend) take position and if recrosses before cross of RSI exit
    2. If RSI crosses 50 after taking position than follow the RSI till system exits that is RSI re crosses
    Attached Images Attached Images  

  5. #45
    Join Date
    Dec 2006
    Location
    Pakistan
    Posts
    55
    now i will try to post signals based on this system for following pairs

    EURUSD
    GBPUSD
    USDCHF
    USDJPY
    USDCAD
    NZDUSD
    AUDUSD

    AND I WILL TRY TO GIVE RESULTS ALONG WITH ITS ANLYSIS
    WE WILL ANALYSE THE PROFITABLE AND LOST TRADES INTHIS THREAD AS WELL

  6. #46
    Join Date
    Dec 2006
    Location
    Pakistan
    Posts
    55
    For Determination Of Weekly Trend See The Attched Chart
    Attached Images Attached Images  

  7. #47
    Join Date
    Dec 2006
    Posts
    6
    Quote Originally Posted by hello1234 View Post
    now i will try to post signals based on this system for following pairs

    EURUSD
    GBPUSD
    USDCHF
    USDJPY
    USDCAD
    NZDUSD
    AUDUSD

    AND I WILL TRY TO GIVE RESULTS ALONG WITH ITS ANLYSIS
    WE WILL ANALYSE THE PROFITABLE AND LOST TRADES INTHIS THREAD AS WELL

    Hello,
    Good thouihgt! I think this will be interesting

    generalz

  8. #48
    Join Date
    Dec 2006
    Location
    Pakistan
    Posts
    55
    long GBPUSD at 1.9385 with 100 stop loss and limit as dictated by system
    long eurusd at 1.3042 with stop loss 100
    short eurgbp 0.6711 with stop loss 50

    let see how these trades they perform and we will analyse at the end of th trades when they get in profit and loss whatsoever. losses are the part opf this choatic game

  9. #49
    Join Date
    Dec 2006
    Posts
    6
    Quote Originally Posted by hello1234 View Post
    long GBPUSD at 1.9385 with 100 stop loss and limit as dictated by system
    long eurusd at 1.3042 with stop loss 100
    short eurgbp 0.6711 with stop loss 50

    let see how these trades they perform and we will analyse at the end of th trades when they get in profit and loss whatsoever. losses are the part opf this choatic game

    If it is not asking too much could you post graphs shots for one or all of these trades..want to compare..

    thanks

    GeneralZ

  10. #50
    Join Date
    Jan 2007
    Posts
    1
    Just found this thread and watching eagerly to see how the trades pan out.

    Thanks

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