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viking1975 replied Feb 11, 2008Hi Bk, What chart you talking about so i'm not confusing myself..lol. I am sure I have good or at least some good reason for it...just kidding...please reference what chart and i will be explain. Best regards, Chris
Viking_1975 System
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viking1975 replied Feb 11, 2008Hi Chandra, I will do just that! Thanks for your help! Best regards, Chris
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viking1975 replied Feb 11, 2008Hi Chandra, Thanks because I'm not smart enough to explain it as brilliantly as you did. Thanks my friend! Best Regards, Chris
Viking_1975 System
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viking1975 replied Feb 11, 2008Happy to answer! As you see the ventex is blue signaling long trades...that long trade was taken with the slope indicator as the trigger for the long trade..the stop is at the ventex level and first target the autofib level..you can also take first ...
Viking_1975 System
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viking1975 replied Feb 11, 2008Live trade just made! — Trade made during asian session!
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viking1975 replied Feb 11, 2008Hi goodbadmas, As I post more charts I hope everyone will see the method and how it works...please give the charts sometime and me too and I explain this method and it will evolve too as more people contribute..I look forward to your input! Best ...
Viking_1975 System
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viking1975 replied Feb 11, 2008Lot sized used — Hi again, I am using three lots with this method but that is up to the discrestion of the trader...three mini or three standards is up to you...you may choose one or two..but i welcome ideas on that as well...your risk and ...
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viking1975 replied Feb 11, 2008Hi Jack, Indis and template are posted above. Rules are target fib levels on 5m at this present time...stop trade win or lose when ventex is touched. On 60m and daily charts profit is taken on the slope indicator with last lot closed on breach and ...
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viking1975 replied Feb 11, 2008Hi Chandra, Looking forward to your help with this! Best regards, Chris
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viking1975 replied Feb 11, 2008New update! — Chandra will come along and help with this thread as he is the gracious person behind the ventex indicator along with IFT-RSI. I look forward to his thoughts and input to evolve this method over time. THANKS CHANDRA!!
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viking1975 replied Feb 11, 2008Hi Ele, If further help is needed setting up the chart PM me or ask on here. Best Regards, Chris
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viking1975 replied Feb 11, 2008LOL! — Before I forget I would like to mention that the autofibs is used for targets only on the 5m timeframe...on 60m and Daily on the slope is used with ventex for taking profit or closing out trades..Sorry everyone for not explaining that ...
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viking1975 replied Feb 11, 2008Update on short trade — Here is a recap of the recent short trade.
Viking_1975 System
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viking1975 replied Feb 11, 2008Set slope direction period1 to 25..also set ventex on 5m to period1 15 on 60m charts the sames...on daily charts set period1 to 60...
Viking_1975 System
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viking1975 replied Feb 11, 2008Update.. — Here is the indicators and template used in this system..please denote the wave indicator as this is not part of the system. Down the road I will write a word document and .pdf explaining the rules as i narrow down the trading ...
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viking1975 replied Feb 11, 2008I would like to add the pairs chosen and why. The EUR/JPY with it's better spreads and good volatility is chosen for 5m trading. The GBP/USD with it's slighlty less volatility is chosen for 1hr trading. The EUR/USD being the dominant pair traded is ...
Viking_1975 System
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Viking_1975 System
Started Feb 11, 2008|Trading Systems|82 replies
I would like to thank everyone from the Imran thread and to Chandra in me coming up with this ...