Forex Day Monster

[fx4_ever]

Yeah, I got stopped out first entry and 2nd entry, profit. Not much profit to report today, but still net positive.

 

http://i33.tinypic.com/10omwk6.png

[john225]

Hi

 

Two trades for me today:

EURUSD Short: -20 pips

GBPUSD Long: +35 pips

 

Result for today + 15 pips

 

john225 ;-)

[deadinvestor]

Hi

 

Two trades for me today:

EURUSD Short: -20 pips

GBPUSD Long: +35 pips

 

Result for today + 15 pips

 

john225 ;-)

 

Good Job john225 =D>=D>=D>

[johnfast8712]

my PC stucks with the system.. anyone else having such problem?

[fx4_ever]

my PC stucks with the system.. anyone else having such problem?

 

Yes, that is one of the reason that i couldn't scan more than 1 or 2 currencies at a time. When I am not in trading, I remove it from my chart. It is very heavy on CPU.

[john225]

Not good for me today :-(

 

Two trades booth loosers:

1. Short EURUSD:-26pips

2 Long EURUSD: -20pips

 

john225;-)

[vicqua]

guys, do not understand what u mean by system stucks with system, i am running it on my system which is an Intel I7, how about u guys i do not seem to have any problem, maybe when i start loading more indicators, when i click thru the charts, it may lag a little, is that what u are facing guys. I feel after going through the system, there are really a lot of choppy signals,

[john225]

Yes today were many false signals with EURUSD i tooked two trades in the sideway market and lost.

 

If i had a view on GBPUSD and tooked the short trade it would get about +80 pips

How was your Day fx4_ever?

 

john225;-)

[huuu]

Hi mograst,

 

here you go

 

hxxp://[email protected]/file/ONZ1CC4b/Forex_Day_Monster.html

 

Someone, please re-upload link is dead. Thanks!

[deadinvestor]

This is my Live Trading with FDM on gbp/usd (2010-8-18)

 

My first trade

http://img824.imageshack.us/img824/1362/mt4editan1.gif

 

and the result

http://img810.imageshack.us/img810/783/nexteditan.gif

 

-32pips

:((:((:((:((:((

Edited August 18, 2010 by deadinvestor

[paapi]

Although i'm no authority on forex and i'm still "trying" to learn.., the FDM has too many indicators that prevent us from seeing the price action and the price of the past so as to make any calculated decisions.

[jjames]

Just wanna say i backtested this sytem just to look at but if you trade it with the major trend it is good

[Heavenforex]

hi anyone can re upload the links? all links are dead. Thanks!

[jimsmith]

hi guys, good system/thread.

im going to be trading it on the asian - EJ, UJ and AU.

ill post my results.

 

dead investor - bad luck!. can i suggest you are trading againsed the trend.

take a look at the GU 4hr or daily chart. you can see a strong bulltrend followed by a retracement. this may be a correction or a new bear trend, but while its going down (your ma's show this) were in a down trend. the trend is your friend.

 

gd luck

[jimsmith]

http://fileshare273.depositfiles.com/auth-1282108625502fa070171f5ea88f238d-27.252.156.129-1897872054-56199900-guest/FS273-6/FDM-FPM%2BIndicator.zip

[fx4_ever]

hi guys, good system/thread.

im going to be trading it on the asian - EJ, UJ and AU.

ill post my results.

 

dead investor - bad luck!. can i suggest you are trading againsed the trend.

take a look at the GU 4hr or daily chart. you can see a strong bulltrend followed by a retracement. this may be a correction or a new bear trend, but while its going down (your ma's show this) were in a down trend. the trend is your friend.

 

gd luck

 

As far as what I've experience, Asian session doesn't work out too well for me. Once in a while, I was able to ride the trend that started during the Asian session, but most of the time, UK - US session works out the best.

[Heavenforex]

hi fx4_ever

 

do you start looking for signals during UK open? or when UK and US overlap?

[jimsmith]

while i agree the UK/NY is a much better session to trade, i just cant do it.

however, just look at the AU, UJ, this week, great trades. the EJ is ranging -so no good either session

(best of a bad time zone)

[fx4_ever]

hi fx4_ever

 

do you start looking for signals during UK open? or when UK and US overlap?

 

I start looking around late Asian session going into UK. if I found the set up, I put order in and stay in until it close. Then, I will not look for another one during UK session. I will consider it for UK session's trading. Again, I will look for one more time late UK session hour going into US. Most likely, I will see setup near or slightly after US news. If it looks good, I will take the trade. I always look for S/R area (my target) from where setup is happening. If it is too close, I will consider that doesn't have the room to move, so I will skip that trade. My experience, it usually reach S/R and reverse. So, I rather not take the chance.

[zktier]

When I load forex day monster 1 hour chart in IBFX and FxPro the indicators are different. At FxPro I see that some of the green bars are red in IBFX. Anybody knows why? Edited August 20, 2010 by zktier

[mograst]

this is a computer crasher system! I used on 3 diff PC's all crashed afther loading the system!!! Anyone know wich Indicator use all the CPU resource? Would like to try the system without it.

thanks a lot!

[iwjw]

this is a computer crasher system! I used on 3 diff PC's all crashed afther loading the system!!! Anyone know wich Indicator use all the CPU resource? Would like to try the system without it.

thanks a lot!

 

Its "FDM Support and Resistance"

[mograst]

thanks "iwjw" this helped a lot. But still some Indi that slow down the pc.

[jtrader]

Hi,

 

Thanks wanrayman, fx4_ever, detrader and others for sharing and giving your thoughts on this system. I was wondering how are you guys doing as we approach the end of this year with this system. Your inputs are appreciated.

 

Also fx4_ever and others that have issues with the CPU with the template. As mentioned somewhere..Go to your MT4 Tool->Options->Chart and change the number of bars and in charts history parameters of both to 2000 and restart the MT4, it works well. I can open up to 4 charts without any issues on a single MT4.

[fx4_ever]

Hi,

 

Thanks wanrayman, fx4_ever, detrader and others for sharing and giving your thoughts on this system. I was wondering how are you guys doing as we approach the end of this year with this system. Your inputs are appreciated.

 

Also fx4_ever and others that have issues with the CPU with the template. As mentioned somewhere..Go to your MT4 Tool->Options->Chart and change the number of bars and in charts history parameters of both to 2000 and restart the MT4, it works well. I can open up to 4 charts without any issues on a single MT4.

 

Hi:

Yeah, it's still going strong and almost everyday, making pips :)

My PC can't handle too many of FDM templates, so I ended up only putting 1 pair (gbpusd) on the chart and the other pairs on separate PC for just scanning purpose. But, gbpusd alone makes consistant profit, so I am ok with it. FDM S/R indicator is pretty heavy on PC, but that is what helps me to exit my trade, so I am using it.