Strategies, Systems & Indicators

The chart used here is of GCI Mt4.

1. The week begins with a red bearish arrow, but our main lines Ed moving average is still bullish with yellow going above the red line.... so we wait, but we know that the red down arrow tells us that either there is a retracement or a reversal on the cards...
>>> After 3 candles, the candle with thumbs down gives us the bearish crossover clearly... as we already have the bearish red arrow, we take the call and wait for the low of the candle marked 1 which gave us the crossover, to be broken by atleast 3 pips and then we SHORT.
The low of that candle marked one is 1.2355 and the prices fall to 1.2264 almost 90 pips of 'profit potential in this trade.

Look at the first green candle after the trigger candle, it gives you the first profit booking opportunity and then again you get a new opportunity to short in the very next red arrow.

2. After subsequent red and green arrows at the end of the trend, we get a fresh bullish crossover. The candle is marked with thumbs up and No. 2, so we start looking for the high to be broken by 3 pips, but as it did not happen, we wait. As the high is not broken, it's a no call for us... we take no possition.

>>> 3. After 4 candles we get a red bearish arrow down, so we get ready to short if
a) we get a crossover and
b) a low is broken, either of the crossover candle or the subsequent candles....
We get the crossover at the candle marked 3 and the next candle also breaks the low, so we go short again below 1.2251 and the price falls through 1.2176 thats almost 75 pips...

>>> 4. We get a bullish crossover, marked with a thumbs up. We go long above the high of the candle marked 4... 1.2209 but the price reverses from there, we wait till the low of the previous candle is broken or the low of the trigger candle is broken, whichever is less (or more) here we exit when the low of the candle that we entered is breached, ie. at 1.2193 ... so might have exited the trade at 1.2190 which is a loss of 23 pips....

>>> 5. We get a bearing crossover at the next thumbs down sign, and we enter below the low of the candle marked 5, a profit potential of 12 pips

>>>> 6. Immediately we get a bullish crossover and we enter at the candle marked 6's high in the next candle... the profit potential of this trade was from 1.2216 to 1.2304 ie. almost 88 pips

>>>> Then you get two crossovers without any high or low being breached..

>>>> 7. you get a bearing arrow down and the crossover at the candle marked 7, we Short below the low of this candle and that would be 1.2233 to 1.2200 , a profit potential of 33 pips

In this chart we get a profit potential of 90 + 75 +88 + 12 + 33 pips and a minimum loss of 23 pips.

298 pips profit, 23 pips loss ( ideally )

Next in the next chart

the remaining week....
an anyone else explain, I am tired writing this

Why are you wasting your time?

You are doing a good job here,

But see unfortunately nobody is listening, you are writing pages full of explanation but no comment from anybody....

So stop wasting your time and stop talking to the wall... you think you are doing a great job helping people, but nobody wants your help dude, wake up...

And I don't think anybody would have downloaded your updated version...
This is my personal advice, do something relaxing for yourself and your family and don't waste your time and forum space here ... Truth is always bitter... but beneficial in the end... Satyamev Jayte

well lalu i might be using difrent system but i always read what people say and what are the making if you think it is just waste of time than why this foram is active it would have been dry. but its not may be that answer you question ,he is doing a great job so dont be so rude.

I am not rude to Edward here, sumit, I am just brutally honest with him that's all... He is posting full page explanations, but not even one guy is commenting, be it positive or negative. I used to do this kind of things a couple of years back... giving people direction, guidance, tips etc etc .... but understood that nobody cares, they will download it, use it but will never even say thanks or post a comment to keep the thread alive and the exitment going... so why waste your time...

I'd agree with what you have said.

But nonetheless appreciate Edward's efforts here. You seem to have exp into this and perhaps might suggest some ideas for him to follow.

So you was doing all that to get thanks and comments and to keep thread alive.
I dont think helping anyone is waste of time . we should help and forget. also writing in this forum will remain here for many years in all those years thousands of users will come and look and study and learn proper technics. so even if it few learners now but it will helpfull to those in the future too. A thanks from the bottom of heart is more appreciable than the written one.

I thought to write about chart but my lang is not that good so I thought to wait for others reply.

You guys are so hard headed, you never seem to get the point....

Mark Twain once remarked, " I can live on a compliment for two months".
Writers, bloggers, artists, film makers, and people who contribute to society are all driven by one common factor and that is to be appreciated or at least get noticed...
And the funny part is as much as you guys contribute to this kind of constructive threads, the more you will get, only after looking at the response, i think he decided to post the updated version with 2 more filters.... if I were the one who started this thread, the moment the comments die, i would quit writing because, I would feel like I am talking to the wall...

The greatest enemy of a newbie, is he himself, and his laziness.... old habits die hard, sooner or later, people will become as pragmatic as I am... then you guys will be left with system sellers and signal sellers, who will give you a colored macd and a blinking stochastic for a hefty price :lol:

Language is fine sunny bhai, hinglish mein likho, aise jaise main likh raha hoon, anyway happy trading, you seem to be a nice guy.

Re: Why are you wasting your time?

Sun never stops rising or never stops releasing his rays becz people don't applaud everyday.

Trees never stop providing shadows, fruits bcz people dont appreciate it everyday.

Water doesn't need appreciation. Neither fire nor mother earth nor sky.

A helping person always finds his life beauty full and fulfilled in helping others irrespective of circumstances.The joy he gets in helping others is derived from inside and not from materialistic attractions or rewards.

Regards
Raghav

Re: Why are you wasting your time?

Very well said sir...................:clapping: