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The Systems Forex Strategies & Methods. Scalping M1, M5, M15 minute charts, intra day trading M30, H1, swing trading H4, D1, or position trading W1, MN? Trend or reversal?

Desperately seeking a good DAILY Trading System


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  #1 (permalink)  
Old 08-04-2010, 09:07
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Post Desperately seeking a good DAILY Trading System

Hi mates

I LOVE Forex,but my regular job doesn't allow me to stay glued to the Monitor 8hrs\day

I've been backtesting a lot of Trading systems and EAs

there's a lot of junk out there

I'm Desperately seeking a good DAILY Trading System,or whatever system could be work placing order between 8 PM GMT and 1 AM GMT

If you find something really good,please share

I know for sure Ash Fx is a good system,but I need one-two more

Please help me
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Old 13-04-2010, 15:26
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There are many systems "out there", but you will not neccesarily get a setup within the hours that you specify.


Edit: Just thinking out loud here. The events on the one day TF is an accumulation of what happened in the 4hr TF, just as the 4hr TF is an accumulation of what happened in the 1 hr TF. The same is true for lower TF's. Now if we apply the Ash system to the 15 min TF and follow what is happening on the 30 min TF we might get in early on a move. If we also follow what is happening on the 5min chart, we will see when the move is running out of momentum. A longer than normal candle on the 5 min chart is a good cue that a few pips are on their way.

It happened nicely on the UC a while ago.

Lets put our heads together and refine this.
Attached Images
File Type: jpg UC.jpg (204.7 KB, 45 views)

Last edited by Henry; 13-04-2010 at 16:56.
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Old 18-04-2010, 00:34
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Default please explain

Quote:
Originally Posted by Henry View Post
There are many systems "out there", but you will not neccesarily get a setup within the hours that you specify.


Edit: Just thinking out loud here. The events on the one day TF is an accumulation of what happened in the 4hr TF, just as the 4hr TF is an accumulation of what happened in the 1 hr TF. The same is true for lower TF's. Now if we apply the Ash system to the 15 min TF and follow what is happening on the 30 min TF we might get in early on a move. If we also follow what is happening on the 5min chart, we will see when the move is running out of momentum. A longer than normal candle on the 5 min chart is a good cue that a few pips are on their way.

It happened nicely on the UC a while ago.

Lets put our heads together and refine this.
thank u very much for your help

but I didn't get the point

wich timeframe do you trade?
do u switch to the lower for trigger signal?
and in the attached chart,where did u enter?

it's all about timing I guess
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Old 18-04-2010, 12:12
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Quote:
Originally Posted by swissforex View Post
thank u very much for your help

but I didn't get the point

wich timeframe do you trade?
do u switch to the lower for trigger signal?
and in the attached chart,where did u enter?

it's all about timing I guess
Enter at the close of the 16h15 candle on the 5 min chart. I have found an ebook with high probability setups, but I don't remember the link. I will try to upload it.

Edit: Try this link. http://www.filestube.com/f26d5b3f9e5...9/details.html

Last edited by Henry; 18-04-2010 at 12:53.
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Old 18-04-2010, 13:52
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Default thanx

Quote:
Originally Posted by Henry View Post
Enter at the close of the 16h15 candle on the 5 min chart. I have found an ebook with high probability setups, but I don't remember the link. I will try to upload it.

Edit: Try this link. http://www.filestube.com/f26d5b3f9e5...9/details.html
thanx
I'm gonna give it a shot ,even if I was lookin' for a DAILY or H4 system
not lower timeframes
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Old 18-04-2010, 14:26
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Default file encrypted

Quote:
Originally Posted by Henry View Post
Enter at the close of the 16h15 candle on the 5 min chart. I have found an ebook with high probability setups, but I don't remember the link. I will try to upload it.

Edit: Try this link. http://www.filestube.com/f26d5b3f9e5...9/details.html
HELP

pdf file is encrypted
psw please??
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Old 18-04-2010, 22:14
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Quote:
Originally Posted by swissforex View Post
HELP

pdf file is encrypted
psw please??
I'll try to upload, but the file is quite big. No, it does not work. PM me your email address.
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  #8 (permalink)  
Old 19-04-2010, 21:11
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Default pm done

Quote:
Originally Posted by Henry View Post
I'll try to upload, but the file is quite big. No, it does not work. PM me your email address.
you've got my mail now

see PM
thanx
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Old 13-05-2010, 15:02
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This post got me thinking. Let's work out a system.

I am onto something here. One of the criteria must be a tight SL in order to trade larger lots. Another is a short TF.

What do you think?

Oh yes, another prerequisite will be many setups. And it must move into profit immediately.

Last edited by Henry; 13-05-2010 at 18:45.
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Old 21-05-2010, 11:36
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Quote:
Originally Posted by Henry View Post
This post got me thinking. Let's work out a system.

I am onto something here. One of the criteria must be a tight SL in order to trade larger lots. Another is a short TF.

What do you think?

Oh yes, another prerequisite will be many setups. And it must move into profit immediately.
I am quite bored of all the junks available on the market and also as someone whose main job is not forex I think we all should put our knowledge together to create a new system for ourselves and based on our needs here. Although I am a noob myself but I am ready to give it a shot. So lets start working together
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