Simple & almost naked. The dream date or the dream system?

[blizard]

thats great madmkiv!

[franckyz]

I think with the thread zooming in few pages in a short period of time, I might have miss the post regarding Non Lag MA. How does the system of BB+ZZ+ non lag MA works?

Mind to explain step by step? Thanks in advance

No lot of time today : only 2 trades, but 2 TP!
The strategy :
when ZZ out of BB, wait confirmation by NonLagMA and Enter.
Small TP for now but good results.

[madmkiv]

madmkiv,

Nice read on the eur/usd. I missed it.

GJ

Basically I only trade one pair: EURUSD so I can keep a better watch out. When I see a good signal which this great system provides (thank you Blizard) then I load up on lots and go for it.

I have 4 times frames up: M5, M15, H1, H4

I use ZZ3 and the ea to draw the lines on all time frames

And just recently introduced: Fib levels for retracement and target drawn from the last two ZZ3 dots. The last dot is not confirmed by the ea if that makes sense so a line won’t have been made from it yet.

[barron]

@Greg_Jones

Barron,

I’m still new to this method and it is a work in progress for me, but take a look at my last posting #632. Ask questions of me about that set up and I will try to help. Perhaps if you look at that particular trade it might help.

GJ

Is this right?

[blizard]

Hi Barron, you had some support at the 61% if you connected the very last 2 confirmed dots. You should have also had a horizontal support line at the last dot and once the price fell through, id be in a sell position.

thanks i hope that helps

[blizard]

i would have drawn it like this:

[barron]

i would have drawn it like this:

I’m lost. Your chart indicates an entry per a breakout. With the fibs strategy, I thought that you wait for the last two confirmed dots, draw the corresponding fibs, wait for a pullback to the 61 - 76 area, and then enter which would be in the direction of the trend?

[blizard]

you are correct, i was just drawing the fibs as per the image you took. The point is there was a break downward so id be in the sell. If I were to take the fib buy, it did go for a few pips.

thanks

[barron]

you are correct, i was just drawing the fibs as per the image you took. The point is there was a break downward so id be in the sell. If I were to take the fib buy, it did go for a few pips.

thanks

In my image, I’m seeing it as a pending short between 2520 - 2532. Do you see it that way as well? My SL would be a few pips above the 100% line. Also, how do you determine the trend before deciding which direction to draw the fibs?

[sandybeach]

In my image, I’m seeing it as a pending short between 2520 - 2532. Do you see it that way as well? My SL would be a few pips above the 100% line. Also, how do you determine the trend before deciding which direction to draw the fibs?

Hi Baron with regards to the trend, if your referring to the daily trend, for nice download the “Blizard - Strategy” zip file which is on the first page, in there look for “ZCOMFX daily trend v2-B.mq4”, stick it on your chart and your see the daily trend.

Green Arrow Up - Buy
Blue Sideways Arrow - Ranging / Market Sideways / No Trend
Red Arrow Down - Sell

This is the indicator i use to tell the daily trend, works perfectly and very easy to use, no thinking about it and if your trading multiple pairs and flicking between them like me saves all the guess work

[blizard]

Thanks again SandyBeach, it is a great little tool.

[sandybeach]

No problem, its really me who is thankful to you for this strategy !! Im glad i could pay you back a little

If anyone is after the original unmodified version, you can get it here:

ZoomInForex - Zoom in to Your Forex Trading World - Forex Blog: ZCOMFX daily trend Indicator v2There is a screenshot on the above website of what the original indicator looks like, my modified one has no editable parameters than you need to edit, just dump it on any currency pair and your get one arrow for that pair.

Use the original if you want to see 6 pairs on one chart.

I’ve used it for months (the original) until i got the modified version made, never failed me once !!

Or if you want to see what the modified indicator looks like, look at Blizard’s screenshot below to see what the modified one looks like:

http://forums.babypips.com/free-forex-trading-systems/42750-simple-almost-naked-dream-date-dream-system-65.html#post355354

[barron]

@sandybeach

Hi Baron with regards to the trend, if your referring to the daily trend, for nice download the “Blizard - Strategy” zip file which is on the first page, in there look for “ZCOMFX daily trend v2-B.mq4”, stick it on your chart and your see the daily trend.

Green Arrow Up - Buy
Blue Sideways Arrow - Ranging / Market Sideways / No Trend
Red Arrow Down - Sell

This is the indicator i use to tell the daily trend, works perfectly and very easy to use, no thinking about it and if your trading multiple pairs and flicking between them like me saves all the guess work

Thanks Sandy. I have that indicator on my chart. I know I’m asking a lot of questions but I just want to make sure I understand the method and how it is being traded.

So, in the image I’m attaching, the trend is down. Using the fibs strategies that trades pullbacks, I have drawn a fib from the last high and ow (last two dots confirmed) and I’m setting a pending short at 2547 (76%) line with a SL a few pips above the 100% line for a total of 30 pips. Is this the way you guys are trading the pullbacks?

If so, are you doing it this way on the 5min tf as I’d like to tighten my stops.

[blizard]

Hello, you could have drawn the fibs like this, it looks like a 61% pullback.

thanks

[blizard]

you have drawn them correctly also, you can wait for the price to hit the small arrow and then enter the sell trade.

thanks

[barron]

you have drawn them correctly also, you can wait for the price to hit the small arrow and then enter the sell trade.

thanks

Thanks Blizard. Do you trade this the same way on the 5 min TF as well? Also, is it correct to say that you look for pullbacks to go short when the ZCOMFX indy points down and vice versa for a buy when the ZCOMFX indicator show a long trend?

[sandybeach]

Thanks Blizard. Do you trade this the same way on the 5 min TF as well? Also, is it correct to say that you look for pullbacks to go short when the ZCOMFX indy points down and vice versa for a buy when the ZCOMFX indicator show a long trend?

Generally with the ZCOMFX, you can get more pips going in the direction of the daily trend, but less against the trend, hence why i only go with the trend, just a bit safer

Does anyone know if there is a good Fibonacci indicator about so we don’t have to keep drawing them manually ?

[blizard]

Hi Barron, i do trade the 5 minute the same way. I will start using the ZCOMFX indy going forward as it looks great and makes sure you are on the right side of the market.

thanks

[madmkiv]

Good morning peeps

Here was a nice 20 pips from 8.30am UK time. I was a bit late in and missed the original signal of the red dot break down on the EU M5 but as there was a retracement and resistance looked good I entered as the rules still held.

[blizard]

Nice trade, I caught the same one!