the key to the mint

the method can be found on post 3778 page 252 i am involved with a special project so my posts will be few i will pop in from time to time to answer any questions last years record was 96 wins 34 losses i have also stopped private mentoring since this project leaves me no time to myself

lyllia's trading system

I start this trading thread to share with fellow traders my trading system.See template_fx attached.Apply it to your chart, any time frame .I prefer one hour ++. Hope you enjoy and try it on Monday.All the indicators included from the internet published resources.The most reliable indicator is IINWMARROWS.mq4.It is the core of this system. It has 95% + successful rate.In another word, if you only trade this arrow. you could be able to make pips.....;Other indicators are used as reference.They are together make a complet system.After you used this system,hope you could share your experience here. And you could make suggestion of any adjustments to make this system promising and more perfect.Thanks! Looking forward to your opinions.

bringin sexy back - stochastics

like most people ive made money lost money always lookin for somethin that works bla bla blaaaaa were all really tired of talkin about that arent we?well finally "found" somethin its actually the slingshot system by buffy or i think its called "bline" and i made my own version which is slightly a bit different from his template.this works on any timeframe really. but i prefer either scalping it on the 5 min or 15 or 1h maybe 4h.money management? thats up to u. my stops are discretionary and i look at previous highs or go for 10-15 pips if im trading 5min or 15 min it really depends on alot of stuff. but im sorry i cant help u there since ive done very well on counting on my experience when it comes to stops. same with targets. at least aim for the same as the stop u use. plus this system was made for nasdaq and SnP and its deff different from fxxxxxxx.but this is not gonna be too worrying because im only gonna write and show the best trades. no reason to over trade and no reason to enter a half assed trade or one ur not too sure off. only look for the best best trades so that ur stop can be tight and u can secure an easy 25-30 pips a day on the 5 or 15 min. i can almost assure u theres a perfect trade everyday. the setup:stochastics: k:20d:10slowing:20another stochastics in the same window. this one is longer term.k:50d:10slowing:203rd stochastics in the same window. this one is for entry.k:5d:3slowing:3first indication: what u need to do is first look at the 20 and the 50 and see what they are doing. this is not necessary but when the 20 is above the 50 then thats my first hint the trend is upwhen the 20 is below the 50 then trend is down.sometimes they are really close to each other which should make u cautious about taking trades. second indication: you want the 20 to be crossed down with its signal line and the 50 to be doing the same. if both are crossed down with their signal lines then price is trending down and we look to sell.vice versa for when they are crossed up.taking trades: when the 20 and the 50 have crossed their signal lines down we look at the 5. we want the 5 to go into overbought if the trend is down. basically we are looking for a pullback. as soon as the 5 cross back down we enter. if a nice tiny little consolidation formed and 20 and 50 are trending down and nicely then enter at that even if the 5 didnt make it very high.vice versa when the 20 and 50 are trending upthe examples will clear up everything and ill be posting a few after im done with this post but im gonna add some remarks and then attach the first image.remarks:- the cross of the 20 and 50 is not so reliable. like an MA cross it can be tricky. but its good to look at because it can keep u away from bad trades.- when the 20 cross its signal line, look at how steep its going up or down and also look at the space between the main line and the signal. the bigger the space the better the trade will be. same with the slope the steeper it is the better. this is stuff that after a few live and posted examples u will learn to see for yourself and ull know when its nice and trendy and when its being naughty.- the 5 doesnt have to pull back all the way into oversold or overbought area. wait for a consolidation of price or for stochs to cross then enter. in a strong trend u can easily see when price stalls before continuing.- im awesome- if i can think of anything else ill deff add.- o yea. perfect long trade:20 cross the 50 up. 20 and 50 both crossed their signal line up and are slopped nicely5 pulls back all the way into oversold while price is stalling and consolidating.- also try adding a 9 ema and a 34 ema (i like the fibo numbers) and when ur about to take a trade check if the 9 crossed the 34 up if ur taking a long trade or down if its a short. this is really just extra confirmation. i dont personally use it unless im really really bored.ok. u know feel free to add anything and i dont take all the credit but a bit of it for my variations.ok first chartthe 20 is crossed up with the 50. they have both crossed their signal lines and are moving up nicely. the 5 didnt go all the way down but price consolidated. i would enter at the bar right after the one with the low. basically telling me price isnt going any lower. i wait for it to close then i enter. this is a bit discretionary but thats how i do things. i look for little confirmations. another one is that star looking bar with the low. it has a name the open is the same as the close and it shows indecision so thats another small confirmation..ok more to come next. stay tuned

"vForce" the revolution

Dear Traders,At last after countless days and untold amounts of time I have created what I feel is my finest work in my 7 years in forex. With the help of Robdee and his superior MT4 skills whom has created the fine layout of these charts and programming 8 indicators into 1 super efficient alert system vForce has reached its launch stage. The charts below will tell all as Rob and I attempt to take all traders on the ride of a lifetime turning a seemingly difficult and wild market and taming it into a super efficient profit making machine. Attached to this post is the vForce zip folder with a PDF document.Read that first as it contains all the needed information including instruction on how to use the system and load the indicators. Also please read all the included documents.Best regards,ForexJedi and Robdee

Powerful Fib Based System - by DAZfx

Hi,First off, I am a full-time trader and I have been trading in the currency market for more than four years now. As a long time lurker of this forum, I finally feel the need to participate in forums, as day-trading has gotten pretty boring. I have three very powerful strategies in my trading arsenal, and what better way to start than to share one of the strategies here. I wouldn’t call this an entirely mechanical system, as you need to use some discretion. I will be outlining some of the important factors that may need consideration before entering a trade based on this system, later in this post. I call this system: A.M.G WavesTimeframe: Any. But, I use 1Hr or higher to avoid whipsaws.Pair: Any Currency Pair.Indicator(s): Stochastic Oscillator (8,3,3)5 SMABefore I give out the entry requirements, please take a look at the following picture. A setup only exists where the fib retracement of an impulse wave is 61.8 or 78.6. The idea behind this method is that provided AB wave retraces by 61.8% or 78.6%, it should equal the CD wave. Only look for setups that are in the direction of the bigger trend (ie: If you are looking at setups on the hourly, then only look for signals that are with the daily trend).http://www.forexfactory.com/attachment.php?attachmentid=98100&thumb=1&d=1206572008
Long Generally, you are buying in an uptrend, when the AB impulse wave retraces to the 61.8 or 78.6 level. Before pinpointing a precise entry, you wait for the next candle (confirmation candle) to form. This must not exceed the low made by the retracement and has to be a bullish reversal candle (ie, Harami, Doji, Bullish Maribozu, Bullish Belt hold, etc). At the precise entry point:1) The new candle following the Confirmation Candle is on or near the 5 SMA. 2) On the Stochastic Oscillator window, the fast stoch (blue line) has already crossed or is crossing the slow stoch (red dotted line) and hooking up. This cross should not happen in the overbought region (80 or above). ShortGenerally, you are selling in a downtrend, when the AB impulse wave retraces to the 61.8 or 78.6 level. Before pinpointing a precise entry, you wait for the next candle (confirmation candle) to form. This must not exceed the high made by the retracement and has to be a bearish reversal candle (ie, Harami, Doji, Bearish Maribozu, Bearish Belt hold, etc). At the precise entry point: 1) The new candle following the Confirmation Candle is on or near the 5 SMA. 2) On the Stochastic Oscillator window, the fast stoch (blue line) has already crossed or is crossing the slow stoch (red dotted line) and hooking down. This cross should not happen in the oversold region (20 or below).INVALID SETUPSA setup is considered invalid:1) If there is a news release within 15-30mins.2) If the confirmation candle moves so much that the stop loss is widened to a point where the Risk/Reward ratio is no longer 1:1.5.3) If there is a major psychological support/resistance (ie, 2.0000 for Cable, 1.5000 for EURUSD, etc) before the first profit level (Target 1).4) If the setup is against the major trend (atleast two TFs up from the one you are trading with).STOP LOSSStop Loss should be placed where the first impulse wave starts (Point C on the charts). Only take a trade if the stop loss is smaller than your projected Target 2.ENTRY STRATEGYHere is an example, using a $10,000 account at 1:100 leverage.I am only willing to risk 1% of my account and assume the stop loss has already been establish (start of the first impulse wave) and is 30pips + 3pips spread.(10,000*0.01) / 33 = 3So, I can trade at $3/pip, meaning I can go into the trade with 3 mini lots. There are three profit taking levels, so I should divide the lots into three equal lots and enter all of them at the same price (entry point). In this case, I have 3 x 1mini lots to enter at the same price and I will exit each mini lot at the different target levels, if they are not stopped out first.EXIT STRATEGYCarrying on from the previous example, I would exit my first lot at Target 1. If price does reach Target 2, I will take out the second lot, and move my stop loss to Break Even (Entry point). I will then take out my last lot when Target 3 is reached. If you look at the charts provided, you can see that the targets can be calculated using the Fibonacci Expansion tool. -When the confirmation candle is a Harami (Inside bar), use FE 50.0 as Target 1, FE 61.8 as Target 2 and FE 78.6 as Target 3.-When the 'AB' wave consists of more than 10 candles, use FE 50.0 as Target 1, FE 61.8 as Target 2 and FE 78.6 as Target 3.-When the confirmation candle is quite large, use FE 61.8 as Target 1, FE 78.6 as Target 2 and FE 100.0 as Target 3.IllustrationPlease take a look at the following charts for examples of Short and Long trades that I took recently. I will add more upon request.
http://www.forexfactory.com/attachment.php?attachmentid=98101&thumb=1&d=1206572015
http://www.forexfactory.com/attachment.php?attachmentid=98102&thumb=1&d=1206572022
http://www.forexfactory.com/attachment.php?attachmentid=98103&thumb=1&d=1206572028
http://www.forexfactory.com/attachment.php?attachmentid=98104&thumb=1&d=1206572035
I hope I haven’t bored you with this lengthy post, if I have, then do apologise. I am looking forward to your feedbacks; let that be positive or negative. Thanks.

Silent Service Method

Introduction:I am starting this thread due to several messages I get asking me about how to trade. I find this interesting, considering I don't really post that much these days. (I guess someone thinks I know what I am doing.)I could have called this thread something like "The only system you'll ever need", or "How I became richer than all of Outer Mongolia scalping the MXN/JPY 15 minute chart". Instead, I thought that "Silent Service" kind of sums up how I like to trade.For those of you that do not know, the "Silent Service" refers to submariners in the Navy. They spend most of their time underwater, moving silently. In fact, silence is a major part of what makes these subs so deadly. Silence is also what keeps them alive. Plus, I have always had an affinity for people that serve in the military. I also like to "pick my spots". Subs will sometimes follow a ship for miles waiting for that "perfect shot".Some thoughts before I start:As I began to trade, I just kind of "fell into it" like so many others do. I didn't even know that you could "trade money" until about 15 minutes before I started. Since then, I have tried several different types of trading, and different strategies. I have learned that you have to play to your strengths.This thread will be about my strengths, and how I trade. This doesn't mean that you have to trade the same way. Perhaps you might think I am full of it, or more than likely, you might find a nugget in here. It doesn't mean you have to use it all....but please do not "add filters" to this method in here - it only clouds the thread.I have learned that the key to happiness really isn't the ton of money you make in trading. In fact, the best trades I take are the ones I am not even paying attention to. Some things to ask yourself:Do you really enjoy staring at this stupid screen all day? I know I don't and have found ways to avoid it.Would you like to know where and when your trades are likely to happen days beforehand?I have found this makes trading really, really, boring. And profitable.Does trading add or subtract from your happiness?For me, it's interesting. That's it. I no longer think much about how "exciting" it is at all. In fact, I rarely even mention it to others. Boring. I also haven't had a losing month since October of 2007.What are you looking for? What's the goal for you?Stupid answers like "I wanna get rich, man" are spoken by people I call liquidity. I want to work from home and raise my kids.....that's a simple way to define it.Give me some time, and I will post so things to think about and ponder......Clockwork
__________________"He who dies with the most toys is still dead." - Me.

Trend Follower 5 Minute System

I have been a forex trader since more years. From time to time I still trade, but my trading times have increasingly droped since I feel its more and more boring waiting for the market to give you a proper signal all day. The main reason why I am writting this article is because I do not like to sit behind my desk all day. So I have deiceided to give it to all of you who want to benefit from it. Price for my system was three hundred dollars, but due the relativity of success in the forex market I now have deiceided to give away my system information for free. Winning the forex market depends 70% on the trader, the other 30% is the system, so I think it was not fair selling my system even if it has a high probability rate. If you win or lose depends a lot on your personality and feelings so one might lose even if he has the best system in the world. The system was designed during carefull analysis of the market in the time of more than six months. It does not need any improving, nor changing. It is fully optimized for trading, so do not attempt to change any indicators or settings! Trade it as it is, demo trade it for at least two months to get a proper feeling of all the indicators and the system altogether. Last but not least, I am not responsible for any financial loss or benefit this information will bring you. You as a trader cary full responsibility for what happens with your money!Timeframe: 5 minutesTrading time: From EU open untill US closeRecommended Forex Pairs: USD/JPY, USD/CHF, GBP/USD, EUR/USD, USD/CAD, AUD/USD, EUR/JPY and GoldAs I simply do not have the time to write here again the procedure and whole description with screenshots, you will have to go the make money with forex thread and read the whole manual. If you have questions you can post them here at the forum or at my blog. I will try to answer them best to my knowledge.Best Of Luck,Urban.Edit 11/13/07
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__________________
Don't believe in anything simply because you have heard it.Don't believe in traditions because they have been handed down for many generations.Don't believe in anything simply because it is found written in your books.Don't believe in anything merely on the authority of your teachers and elders.But after observation and analysis when you find that anything agrees withreason then accept it and live up to it.

FxMatixPro - 5M Intraday

FxMatrixProDear Friends,I made this post in a different forum couple of months back….and I found people are finding this system interesting…..so I am sharing and posting (actually Copy>Paste from that from) my system here also…..I have been using VoltyChannel_Stop_v2.1 for a long time…I found this indicator with my Manual System is very effective for EURUSD and GBPUSD 5Min....in the uptrend Long works great and in the downtrend Short works nice…..I call the system “FxMatrixPro”….all indicators of my systems are collected from different online communities and forums…..so I am grateful to all those forums…..I renamed those Indicators….hope original owners don’t mind…..bear me if anybody is hurt becoz of that…..FxMatrixPro And Why?Trend is your best friend…..I am a trend Trader……but I take short rides-short journey……Because my account size is small so I can’t afford huge loss or big SL…..So, I accept maximum 10-20 SL for each Trade….I prefer TF 1M or 5M….beccoz bigger the TF>bigger the SL>bigger the loss…smaller the TF>smaller the SL>smaller the loss….So, this system satisfies my needs and wants…. This system is all about catching and predicting Trend….just look at all images you will know how easy to define the trend and predict the next trend or change of trend….Defining the Trend (see Introduction Image)In the “Introduction of the System” image I marked all my indicators….plz read them carefully to understand the whole system….my first job is to defining the trend correctly….how do I define the trend?If Standard Deviation Channels (SDC) are in the uptrend and SMA (Period 20 with OHLC/4) is in the same direction then I call that a uptrend….if MA (Trend Alex –at the bottom), FXTraderPro T or R (at the very bottom) and other Indicators (at top right corner) of Different TF are Green I call that a Pure Uptrend….and Vice Versa…..when I am happy with the trend I take trade (see 1st image – pure example of a good trede)…..it need not to be a pure trend……if it is a pure trend I make my move more aggressively by increasing lot…..if I am not happy with the trend or it is a conflicting trend I don’t take any trade….Conflicting Trend (see the Conflicting Trend Image and the Next Image) When SCD is in the Uptrend and SMA is in the Down-Trend I call that a Conflicting Trend….it’s always better not to take any kind of trade in this type of situation….becoz this could be an indication of trend change…see the example….how I avoided and predict the next trend….also try to avoid taking trade when there is no trend or it is in Range (see last two examples or Images)…..but if you can predict what could be the upcoming trend then make your move with tight SL….sometimes we could miss big waves by avoiding conflicting trend or Range but don’t be greedy….thing about the opposite.…that may give you a consolation….and Forex will be here for us forever….don’t rush…EntryWhen I am happy with the uptrend and Volty Channel Stop (VCS) gives me a White Circle I take only Long….but before I make my move I look at the 1M TF’s situation….in 1Min TF I must have VCS in the upward…if VCS is in the downward then I wait for the next white circle to appear in 1M TF to take my Long….and Vice Versa…ExitWith 5M TF I set my SL 10-15 and I Exit my Position in the next Signal….if I take long, I exit when Red Circle appears in my 5M TF….and Vice Versa…..sometimes I take a trade with SL 10, PT 10 and lot 0.1….then I start increasing Lot like 0.2, 0.4, 0.8 and so on until I hit my PT 10….but I suggest you to do it when you are comfortable with the system….however, that strategy works very well as well…becoz of good ratio of Win/loss…..ConclusionIt is a very simple system for small traders….almost 7 out of 10 trades click….becoz you are catching the trend but making small journey…..it is like catching some moments of trends…..system will tell you whether trend is in up, down or range….and you will act accordingly….and Haikin Ashi will help you not to panic….don’t trade High spread with this system in Small TF…..if you use it for High spread use a 20 SL….you can try it with all time Frames…..works with all time frame very very well…..but adjust your SL according to your TF……I found for 1H TF use 25 SL and 25 TP works great……just give it a try, this system wouldn’t disappoint you…..just trust me it wouldn’t….Remember One thing if you are not happy with the trend don’t trade…..don’t fight against the trend or market….go with the flow….and don’t be emotional.....listen to your brain not your heart….and this system will help you to do so….always always always remember - No Trade is a Part of TradeTF 5M or 15M or 30M or 1H LongSDC = UPTrendSMA = UpTrendVCS = White CircleIf Pure Up Trend = High Risk with big lot (optional)ShortSDC = DownTrendSMA = DownTrendVCS = Red CircleIf Pure DownTrend = High Risk with big lot (optional)ExitIF Long = Red CircleIf Short = White CircleOr MM with 10-15 SL and 10-15 PT (optional)Happy Trading and Thx for readingWith RegardsToxic
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FX_30M Bouncing System

trading rules:place this EA to EUR/USD 30M chart.turn it on and trade for non news hour.setting:Num_Of_digit = False (set to true if you are using 5 digit platform)CloseHour= 11(set to 30 if you do not want EA to close the trade)HourStart=0 (always trade on Japan or non news session)HourEnd=10 (always trade on Japan or non news session)indicator required:slope_directional(customised)Storch RSI(customised)PSAR(standard from mt4)ADX(standard from mt4)template:V104R8.tplEA:FX_30M_Bouncing_V104.ex4additional configuration:this EA needs to be configure once a month to ensure we have good pip hunting.FEE:it is FREE!!!!!!!(unless you wanna contribute :P)effectiveness:I'm trading it in Live acct after 6 months of testing in DEMO from V101R1.testing platform:IBFX,FXDD,AlpariMM:Daily target 20 pip.Stop and exit if it is totally out of trend... (this not yet happend and hope it wouldn't happend)slowly increase your lot size.BackTest:you do it yourself and do not post it here, we are looking at forward testing.

7am-9am Big Dog USD Breakout Strategy

Hi,Everyones sharing such a lot on ForexFactory, I thought i will take the time to share with all too what i have learnt that works.I just got this idea from a friend, who gets this idea from another. (nerd)We called it the Big Dog 1400-1600 USD Breakout Strategy. (Around US OPEN)Its a simple strategy. You need not have any indicator, just the default ones found in your metatrader.Daily Profit Potentials: Around 30-50pips +All you need to do is the following:-1. Pull out a M15 Chart for a USD Major pair, example like GBPUSD.2. Draw a vertical line at 14:00 time on your Chart.3. Draw a vertical line at 16:00 time on your Chart.4. Draw a Horizontal line at the high of candles/bars in between the vertical line.5. Draw a Horizontal line at the Low of candles/bars in between the vertical line.Thats it, Simply put a buy stop at the high and sell stop at the low with stoploss at the low (If your buying) and stoploss at the high (If your selling).Ideal Targets: Around 30-50pips or no targets if you think it can go more Trailing Stop of 15pips, if your using metatrader.Example screen.You can also check historical records and see its very profitable!!Some points to note:1. There are only 9 candles/bars in the 15 minute chart, between 1400-1600.2. If the Distance between the high and low is less than 50-60 pips, it could be very profitable.3. If the Distance between the high and low is more than 50-60 pips, it could be not very profitable.4. If the price doesn't break the high/low, its a ranging market.5. The USD news are usually released around or after the 14:00-16:00 phase.6. The signals are only valid for the current day, Next day u again need to wait for the 1400-1600 time and 9 candles again.*THE TIMEZONE IS BETWEEN 7AM-9AM New york Time*#Custom Indicator#ant-GUBreakout_V.0.4.1.ex4 (New Version)New version of breakout indicator (Thanks to andee)Now you can plot more breakouts on the chart, like London breakout, Asian Breakout, US breakout ect. Just change the magic number in the indicator for each breakout you wish to plot.input what gmt_shift of your brokerMulai = start,Akhir = end,Jumlah_Hari = number of day you want to display the indicator.Forex market timezhttp://www.2008.worldmarkethours.com/Forex/index.htm