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saambask

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Posts posted by saambask

  1. hi,

    after finding the range[better it is below 50 pips in h1].i watch mfi.because in breakout money support is must.i use 45 as breakout.below 45 it is sell zone and above it is buyzone.it tells the sentiment.ok now with macd ,i use doublemacd.mq4 with default settings.it tells the breakout

  2. "Maybe you should explain things. You entry (sell) does not make sense compared to your blue range box in pic 1." Wow, how rude of me to point out your picture doesn't make sense. I think you need to 'Grow a set' and man up. If someone wrote that about me, I'd say "Sorry, that entry is from something different." and it would be over with.

     

    Moving forward, good luck with it, I hope it is a great system.

    hi juicyt,

    all of us here are learning from each others.next time i will post with clear explanations.i didnt noticed my sell in first post when i attach here.

    thank you

    ms reddy

  3. Hi derricktan,

     

    I only uses the H1 time frame, as shown in saambask's chart. About the money flow indicator, saambask mentions using it for the exit rules which I didn't really make use of since I prefer my personal exit methods instead (ratio 1:1 or exit at big numbers).

     

    The only indicator that I watch is the 3 MAs, which as long as any of them starts crossing I will look for the BB squeezing sign. Once BB starts to show sign of breaking out of the squeeze I start putting in stop entries 10 pips away from both the top and bottom BB (indicated by saambask post in the beginning). Use the other end of the BB line as your stoploss.

     

    This is just my first demo test, so some of the rules may need to be tweeted along the way.

     

    Regards,

    Collin

     

    hi collinsmith,

    i rejoined this forum activity.i was upset by some members rude responses like juicity.i dont know why they came into this forum,playing with forex toys.oneday it will eat them.

    ok coming to the point,you did good job you did exactly correct.for better exit strategies iam looking for years.i want attach my rangebreakout zipfile here but it is not possible.i dont like upload websites.so people can download it from my thread in another forum.

    http://www.worldwide-invest.org/trading-systems-strategies/2665-range-breakout.html

  4. Maybe you should explain things. You entry (sell) does not make sense compared to your blue range box in pic 1.

    hey juicyt,

    iam explaining method here,iam not showing my trades.i explained the method of trading in first post.and i showed eurusd chart only.the sell appeared there is my other trading method line breakout.because it is my live account.it appearing there.you see the method and understand it.otherwise leave it.

    it is looking very bad forum.,no respect each others.moderator leaved people t thier wish.iam leaving from this forum.,

    very bad forum

  5. hi all,

    as i said i love simple systems.they wont confuse us.we all know that markets always in two phase.one is

    range and second is trend,these two phases one by one as a cycle.if we can find perfect range we can pickup trends easily.for that i use simple techique.take 3 moving averages and bollingerband default.

    how tofind ranges.simple if 3 moving averages came to much closer and bolinger freezes,it is perfect range.how to trade,simple put one buy stop order 1o pips above the range and sell stop 10 pips below the range.stoploss is outer line of the range.how to exit.it is hard,i use 3 methods.1.riskreward 1:1 or trailing stop as range or moneyflow index close oppositely at 45.

    happy tradING.,

    http://i.imgur.com/vbP6r.gif

  6. Curious..How long have you apply on this system ?

     

    hi,

    this one i found after somany famouse systems,i created it for my self.i noticed that breakout in the direction of force is good.i uses it mainly in london ,newyork times.it works for me for last one year.

    i like simple systems

  7. http://i.imgur.com/gqSL8.jpg

    HI,

     

    this is very simple system,you have to be patience and money management to this.if i asked for suggestion i would say one plan for moneymanagement.just invest 500usd then trade with 0.03lotsize.then your equity stoploss around 1650pips.ok if you catch 2000pips in 4 pairs for 1 or 2 months then your depposite doubled ,then double your trading lot size with 0.06 it is money managent for any trader for any trading system.

    next come to line breakout system.it is very simple scalping system.we use 2 indicators cci20 macd8,13,1.those 2 indicators are zerline based indicators.if price crosse zero line from bottom it is buy signal and above zero line is buy area.this applies to both indicators.

    if you draw a trend line in any timeframe chart.if at certain place you feel that price breaking trend line.then you look for indicators confirmation,if they too support go for trade in that direction put stoploss as swing low or swing high then first target is your stoploss pips.that is you are applying 1:1 risk reward ratio.

    eurusd,usdchf,gbpusd,audusd,nzdusd these 5 pairs i noticed good for this strategy.

    commodities gold silver is very good for this strategy

    THANK YOU FOR LISTENING

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