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- caireono replied Apr 20, 2008
now,the 5m and 1m chart. In 1m chart, there is slight dip (or may be not),but there is a bearish bar, followed by Bull Bar, entry at the current Bull bar.
KAS Trading Journal
- caireono replied Apr 20, 2008
210408 First trade of the day following the rule. Attached are the charts of 30m then 15m.
KAS Trading Journal
- caireono replied Apr 19, 2008
Third, switch to 5m chart, a cross down also just happen. Fourth, switch to 1m chart - a cross down has happened the previous bar, so it is THE BEST SELL ENTRY at any point on this price bar (1m chart), indicated by the yellow vertical line - the ...
KAS Trading Journal
- caireono replied Apr 19, 2008
Backtesting #2 - example of Perfect congruent - beginning of a downtrend - the BEST SELL Entry. First, always look at the 30m chart, the blue line is below the red line, pointing flat. Suddenly, both the blue line and the red line are pointing ...
KAS Trading Journal
- caireono replied Apr 19, 2008
Now, switch to 5m chart and 1m chart. We see that in 5m chart, there is a dip and reverse of the blue line now pointing to the same direction as the red line. Switch to 1m chart, there is a 7/21 cross up just happen. No doubt, at the yellow line of ...
KAS Trading Journal
- caireono replied Apr 19, 2008
Backtesting the KAS721C new rule : Attached is the 30m and the 15m chart. We see both blue line and red line are pointing upward in both charts.
KAS Trading Journal
- caireono replied Apr 19, 2008
Refer to the 2 attachment from the previous post and this post attachments - there are 5m, 15m and 1m chart showing the BEST SELL Entry signal.
KAS Trading Journal
- caireono replied Apr 19, 2008
Analysis of BEST Entry. Let me re-write the New Rule for KAS721C Trading System. BUY Entry Rule: (Reverse for SELL entry) 1) First look for 30m and 15m chart. If it is trending upward, ie. the Blue line (7 LWMA) is above the Red line (21 LWMA), then ...
KAS Trading Journal
- caireono replied Apr 19, 2008
190408 Analysis of Losing trade of -93 pip with KAS721C System. 1) It is a fact that the trade is following the Rule stipulated and there is nothing wrong with the entry rule, ie. BUY entry when there is dip and reverse following the main direction ...
KAS Trading Journal
- caireono replied Apr 18, 2008
Re enter after blue making a bit of peak and retrace down, but closing did not follow the rule, just scalping, because moves hesitantly. Close with 10 pip profit. This trading system still produces profit overall (despite having -93 pip loss just ...
KAS Trading Journal
- caireono replied Apr 18, 2008
Turn out I should follow the Rule, seconds later, just few seconds later, the price move down -
KAS Trading Journal
- caireono replied Apr 18, 2008
Now, I am playing like Live, price looks like hesitate to move down further. Close with 8 pip profit here.
KAS Trading Journal
- caireono replied Apr 18, 2008
Ok, again following the Rule (is it ?), the 15m chart the blue line is below the red line, in 30m chart the blue line is about to cross the red line (the rule says it must cross and the blue line must be below the red line). The 5m chart has mad a ...
KAS Trading Journal
- caireono replied Apr 18, 2008
IMO, I can and should have close and also open, when there is confirmation of 15m chart had the cross down just now. Price move downward more than 50 pip.
KAS Trading Journal
- caireono replied Apr 18, 2008
Following the Rule, closing the trade with -93 pip loss. Good that this is still demo (if live I don't know whether can handle this type of loss). Now, I am waiting for a cross down in 30m chart for SELL entry.
KAS Trading Journal
- caireono replied Apr 18, 2008
now at -90 to -100 pip loss. Still open. The 15m chart still do not cross down.
KAS Trading Journal
- caireono replied Apr 18, 2008
Now at -50 to -60 pip loss, trade still open, there is cross of 5m chart, now waiting for cross down of 15m chart.
KAS Trading Journal
- caireono replied Apr 18, 2008
Is there anything called 'Overtrade' with this system. Let's find out. There is a dip and slight upward pointing blue line in 5m, while 15m and 30m chart the blue line is above the Red line. Entry BUY at current bar.
KAS Trading Journal
- caireono replied Apr 18, 2008
Somehow I am still not away from PC, close the trade with 17 pip profit. So total Profit currently today 180408 with KAS721C system : + 182 pip. Man, this system is Good. Definitely The Best among others that I have tried.
KAS Trading Journal