EmotionIsTheBigEvel
Junior member
- Messages
- 37
- Likes
- 0
You also got my vote! I hope you will win it, so that we the users of your wonderful system can finaly say really thankyou for your system, and for sharing it with the world!
Fwiw I read a good book this weekend which details the principles of bashir's system, using multiple timeframes, moving averages and stochastics. Although it talks stocks it can be applied to anything. The book is "the secret of the underground trader" by Jea yu. Well worth a read IMO
Hi Clicksta. From your book Jea talking about -3 shift exponential MA .as a way to
confirm breakout. What is 3 shift exponential MA ??????
Secrets of the Undergroundtrader ... - Google Book Search
Vit
Thanks.
It's a 3-period EMA with a lag of 3. Some charting programs have a setting with the EMA called "lead/lag" and you just set that to "-3".
First day of lossing for me, trading the day before fed meeting never is smart and especially on a monday
I was not paying that much attention to the room today, sorry about that guys, i was in a really bad mood and dident get enough sleep the night before, so if i have yelled or been nasty then please do excuse me, ill behave Will be alot more active in the room tomorow and hopefully be of more help.
With kind regards
bashir naimy
How do you set -3 on infinity chart./? minimum you can put 1. So I go to EMA and change lengs to -3 ?????
Thanks
Vit
First day of lossing for me, trading the day before fed meeting never is smart and especially on a monday
Was up almost 80 ticks early in the day, then all hell broke loose and SUPER chopp u never seen before, just got chopped up and gave it all back and ended the day with
-60 ticks. I should have taken those 80 ticks and stayed away, but i never learn :frown
The funny this is that i decided i would trade sim today, so thank god that was only -60 sim money. I will trading sim tomorow as well tomorow, i had very good months and i dont want to give it all back on the last month .
December is known for being low volume spiky and sideways trading, alot of traders dont trade cause they are taking a early vacation for christmas.
I suggest anyone still new to trading, just sim trade until January, u dont want to get killed in this marked, preserve your money when marked are more calmer and easyer to trade.
I will be trading everyday, but on sim this month, as i will be tweaking and modifing the program, its a perfect marked conditions to test it, if it works well this month then it work well in any marked condition.
I must say sebastian ( Bapovs) really impressed me, he managed to get +90 ticks today, he was doing it the manually way, and he had alot more edg then me, i would do breakeven while he takes quick +10 +30 ticks. My hat goes of to him
I was not paying that much attention to the room today, sorry about that guys, i was in a really bad mood and dident get enough sleep the night before, so if i have yelled or been nasty then please do excuse me, ill behave Will be alot more active in the room tomorow and hopefully be of more help.
You all have sweet dreams and looking forward to seeing you all tomorow.
And thanks for the votes guys, crossing my finger :clap:
With kind regards
bashir naimy
In the length you put -3. I've just tried it and it works.
Well done Sebastian. I was up about 85 ticks before that chop and that trade we took together you got in 4ticks better than me, you got your +10. Your entry was 8529, mine 8525, I missed my +10 by 1tick and took a 20tick loss, whilst you got a breakeven.
So i ended up 45 ticks.
I found that when the moving averages are flat, especially 3min chart, is a clear sign to stay the hell out!
I think I will be trading on sim until january now. Very wise Bashir
Hi Bashir,
I have an adjusted profit taking strategy.
If my +10 is hit, my stop moves automatically to breakeven. So i've got a minimum profit of 10 ticks. I've had yesterday at least 6 trades were the plus 10 was hit and the other car was hit at breakeven. If i used the adjusted stop to -8 i only would have got 1 trade that could have brought me some more ticks.
I had only had one winner of +29 ticks. Today same strategy and hope it this will bring some money for me.
So you this afternoon Bashir and rest.
Regards,
Sebas
That is my sim setup in infinity also, but it means that when your +10 is hit, your stop is moved to where it's now only 10 ticks instead of 20, so you'll be stopped out quicker then with bashir's 18 point stop at that point. At least that's what i've found.
Yes that's right WillemDrees you will get stopped out earlier then the -18 with Bashir's profit strategy. But in these market conditions i think it's the best to get in and out as quick as possible considering the chop that is out there...
See you in the chat WD
Not to take even more time away from Bashir, could somebody who uses the system let me know if you supposed to wait for the 10 min bar to close and the stoch being crossed or do you already consider it a signal if the stoch crosses but still has time to uncross before that candlestick closes. I hope the question makes any sense.
Regards,
Stephan
+ votes for Bashir...
Yes that's right WillemDrees you will get stopped out earlier then the -18 with Bashir's profit strategy. But in these market conditions i think it's the best to get in and out as quick as possible considering the chop that is out there...
See you in the chat WD
In the length you put -3. I've just tried it and it works.
Well done Sebastian. I was up about 85 ticks before that chop and that trade we took together you got in 4ticks better than me, you got your +10. Your entry was 8529, mine 8525, I missed my +10 by 1tick and took a 20tick loss, whilst you got a breakeven.
So i ended up 45 ticks.
I found that when the moving averages are flat, especially 3min chart, is a clear sign to stay the hell out!
I think I will be trading on sim until january now. Very wise Bashir
Hi Stephan, you just wait for a 1min bar to close above the value of the 10mins ema.
No need to wait for the 10min bar to close above, that will take to long,but also make sure the stochastics is on you side as well.
With kind regards
Bashir Naimy
Well if can get in the market like you do, it's not a problem, but for some reason i always manage to buy at the peak of the candle or the trend even
Thanks guys
Gonna keep my fingers crossed, really looking forward to tomorows trading.
Will be very interesting to see how the marked acts, maybe we will get that rally everybody is talking about.
Should get some sleep now, dide a few changes to the program,should give use less fakes and better trades.
Talk to you all lovely people tomorow
With kind regards
Bashir Naimy