juicyt

It looks as though you could work it out using his pictures and explanations. RSI bottomed out whilst price on lower BB so wait for Bull candle to close. Switch TF and do it again on Daily. Then switch TF (probably 4hr) and wait for a thrust candle to thrust into the second half or top section of the Bollinger. That's the basics by the looks of it.

Pattern: box jelly fish diving

http://www.forex-discount.com/index.php?route=product/search&filter_name=pz you can find some stuff here a little cheaper. These are good quality products, the creator has done a very good job. But they are just tools, not systems.

If you make money with them, you should pay the creator what they are worth.

Nice, I like how the signal appears on candle close at the previous candle that it closed on. It makes a visual check look 1 candle better than reality.

well that explains why it looks different. I thought he put those silly starts there to confuse people. In saying that, if you look at those starts and align them with the bars, it actually looks like there were some losses. But we will see when someone gets it.

http://www.4shared.com/get/V1iCOd1j/100PipsDailyScalper.html

 

enjoy...

Just a ****** computer tip... If you cut out address without the HTTP:// (or hxxp:// in this case) and paste it in the browser, it adds the http:// automatically. FWIT

Did you ever notice how when price shoots off in a direction with enough force for you to clearly see larger candles over an extended time, that price likes to close that gap back up? Also, once it breaks through, it really likes to come back and give that area another kiss.

 

(I hope the whole picture displays)

 

 

http://i43.tinypic.com/iyfo9k.png

Sounds like 3 ducks method.. You can use 2x MTF MA's as well as the current time frame (4hr) MA and leave it all on the one chart.

http://www.daytradingforexlive.com/forex-bank-trading-strategies/trading-forex-trend-reversals-end-of-day-forex-system/

 

Certainly worth a look.

 

Anyone know of or have experience with the course from this one?

 

jt

Is there anyone on this forum who successfully trades Daily charts with enough activity to keep you focused? I am finding I have to babysit even the 8hr charts too much being in OZ and would like to make the switch but have never really looked at the Daily TF.

 

jt

http://www.mediafire.com/?gi7cdi26zj99018

 

Here is the complete spread sheet of trades with notes. Gives a good understanding of win and losses and reasons

I hate to say it but that is a pretty good book with some solid setups. I know a full time trader that sells and teaches a method close to the last one in the book. And with a little tweak, the MACD and OSMA method could be used pretty successfully on a 4hr chart (on any time frame really, but larger time frames give better results) giving lots of signals with good risk/rewards. Good share, thanks.

http://pivotboss.com/wp-content/uploads/2012/12/ Still looking but there is 1 book at the bottom of this page which is ok.

It looks to me like they give you an entry and then a POTENTIAL profit in that picture. If they could pick the exact exits like that picture shows, then they would reverse trades right there. It aint going to happen.

You'll need to do a live account and see how slippage and your broker goes. Good luck with it.

You can't backtest the TMA with strategy tester if you choose a different timeframe. Strategy tester is almost useless you will find when testing a lot of indicators. In this case the higher timeframe TMA "knows" what position it will "eventually be in" so you don't see the constant repainting as you will do live.

 

You will see what I mean eventually

 

Hi Holo,

 

This is the kind of thing I am trying to figure out. The thing is, I have screen recorded many days of charts and gone back over them and the trades still appear and work out. So this is why I am still working on this. What am I missing? If anything...

 

jt

http://www.mediafire.com/?l3uclt2hs3q5mmn

 

http://www.mediafire.com/?6k1nqifn89irej4

 

Try these.. Great indicator

http://www.forexfactory.com/showthread.php?t=437038 Go here newbie for the indicators. I couldn't post template because I couldn't find it but it is easy to setup. Just make sure the stop-reverse you change to 2x multiplier not 3x as it automatically is set to.

 

jt

Thanks Dannydon, but to be honest I simply can't help myself. And besides, I learn things the hard way because I don't like to be told what I can or can't do (not good when you have completed a few trades). If you could be specific on what was researched and why it was no good, then that might help me.

 

For example, lets say I take the 5TMA and 15TMA on a 5min chart and also use the Stop and Reverse Indicator set with a multiplier of 2.0 and ATR 9. Every time the 5TMA closes past the outer band of the 15TMA, I wait for the stop and reverse to get me into the trade going back the other way and take profit once price hits the other side of the 15TMA (Stop would be 5 pips past the swing high/low). So when I test this, I get outrageous results and it looks almost too good to be true. So my question is, what is wrong with it? What is the backtest missing?

ALRIGHTY THEN.... So being in Australia, it limits my times available to trade and I guess as such haven't seen any setups. SOOOOO I recorded my charts with the screen recorder posted here for about an hour or so when I thought the moves would take place and when looking at the screen recording watched 4 trades setup perfectly and win! So, the good news is that the setups do actually happen in live conditions and do seem to be a valid system to further explore.

 

The next step really would be if we could get a dashboard to monitor the setups on multiple time frames and alert us once the conditions are met. Any takers? Or should I explore this by my lonesome....

Well this is what I am trying to decide upon dannydon. I seem to be able to find signals when on strategy tester (could be 1 to 6 setups per day), however in live trading for about 6hrs last night and 3hrs tonight, I can't find an entry. This is reason for this thread, to decide if TMA is any good or full of sh@t once and for all.

 

jt

 

Now that I write that, EG is setting up perfectly on the 5/15 charts. Really good angle on the 15TMA so we will see how it pans out.

I hope this helps. 2 types of entry. 1 is a break/close past the most recent lower high. The other is the stop/reverse indicator.

 

http://i40.tinypic.com/v64y6e.png

 

http://i39.tinypic.com/o89w82.png

 

http://i40.tinypic.com/5fp6p3.png

I would say 12hr and 6hr charts are best for sca.. oh lord I couldn't even finish that sentence. Well spammed, and in the off chance you say it isn't spam, then you shouldn't be doing any competition or demoing anything if you don't know the answer to your own question.

Yeah, I wasn't going to bring up the "screen shot of trades at setup" topic, but, I personally never had any issues with taking a screen shot of my trades as they setup. Ctrl + PrtScr seems to take all of 1 second. That's why I like what I see here.. at this stage or until proven otherwise.

 

there is a few setting up right now, GJ is looking best but we will see how it all lines up soon.

 

jt

 

ok so that trade was scratched as the 5min TMA was not pointing up once the entry candle had presented itself. As indicated by the pic, my entry would have been once price closed past the previous lower high.

 

http://i39.tinypic.com/n6vzi8.png