Macsystems
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Thread: Macsystems

  1. #1
    Hi-All,
    I want to start this thread as a means of contributing what I have learned here inforexsoutheast.asiaover the past couple of year (I believe about 7 decades .)
    This journey hasn't been an easy one but I have learned 3 important things are important - PDF
    1. PATIENCE
    2. DISCIPLINE
    3. FOCUS

    I hope this thread will add to someone's knowledge and achievement and help keep me focused as we discuss our trading together. I hope that I'll grow it to some reasonable levels in 3 to 5 years and have some funds to manage.
    No huge targets per state but a moderate 5 - 10% goal per month is good enough and compounding will do the rest.

    The method am sharing is about Moving average Convergence; hence the title MACsystem. Some screenshots will explain the rest as we go along. Its a systems which does not require trading regular. This should be another tool in the traders box. There are some PATTERNS that repeat regularly which I have seen and these patterns are the key ones to watch out for.

    Note: this can be an intraday program but on a good day can have winners should you let them operate. . Reasonable goal are between 30 to 50 pips
    Indis: (all are available here inforexsoutheast.asiaif you do a small hunt )
    Pivots
    MTF MA
    MTF supertrend
    BBMACD

    Trading TF: 15m or 30m
    configurations for MA is Linear weighted MA (LWMA) set to 10 50 for every TF
    Attachment 1967764
    Attachment 1967765
    Attachment 1967766
    Attachment 1967767
    Attachment 1967768
    Attachment 1967769

    Indiors and template common.


    Attachment 1964966


  2. #2
    Quote Originally Posted by ;
    quote picture I think there is more space to the upside
    UJ 30m TF from ....
    Still more space on the upside will anticipate


  3. #3
    PATIENCE is crucial within this process... (Sometimes I fight to wait however, the benefit is there in case you can master to wait and be patient)

    The idea is
    1. Find a compression zone as soon as the LWMA in 15m/ 30m/ 60m TF have assembled together
    2. Look at ADX if its near 12 or less
    3. Mark instant range for the price and await a break out from the range.
    4. Enter the transaction in the direction of split... (BUY or SELL)

  4. #4
    TIMING

    Time of commerce is important and I wish to bring some important pivots to our note

    1. Start of Europe session
    2. Europe dinner time/ start of NY session
    3. Close of Europe session/ NY lunch
    4. close of NY session
    5. Asian beginning

    All these are key timing which works with this method. Am accessible during Europe and NY sessions and also make most of commerce during those, while away to bed.


    regards.

  5. #5

  6. #6
    Something to note as we move into tomorrow's news: USD GDP.
    Also next week is the last week before US election in addition to NFP week. There are signs on the VIX chart.

    VIX

  7. #7
    Quote Originally Posted by ;
    Tue/ wed/ thurs maintaining an eye on Indices and metals now and tomorrow
    DAX


  8. #8
    Quote Originally Posted by ;
    quote GU On the move... image
    Some profit reserved.




    10% monthly target achieved.

    Tues/ Wed/ Thurs following week -- I will probably look for opportunites to take smaller transactions

  9. #9
    I know a lot of people see and visit this thread. You will encourage .
    In my knowledge of this approach, I will like readers to notice:

    Mondays-- markets are trying to set the tone for the week. Times mondays are directionless except several major fundamental news occurred over the weekend.

    Tue/wed/thurs -- market selects a direction and run with it. I follow market flows mainly about the 15m/ 30m TF. I check the 4hrs and daily TF to be sure whether its tendency.

    Fridays -- many trades in profit are reserved and you'll notice some reversals towards london close.

    Most of my major trades and profits have been made middle week days.

    Low values of ADX and LWMA arrangement is exactly what I look for. 3 trading days per week is sufficient to yield desirable profit and complete the month on a positive note.
    Remember 5% - 10% monthly profit is good to grow an account over time. Be aware that if one is consistent with 10 percent from Jan to Dec, then it's equal of multiplying your Jan equilibrium .

    So if I start with $10,000 in January and conservatively trade only tues/ wed/ thurs per week and finish each month with 10 percent of monthly balance... I will finish annually with roughly $31,300. It may not appear in some people's book. The concept is to be consistent and disciplned to stick to the method. I struggle but my desire is to remain loyal with this method.

    If you repeat same consequences and profitability the subsequent year, you will probably finish with 3X31,300 = 93,900. Thats some money. If you replie the same effect that the 3rd year... you're off to something good.

  10. #10
    Hypothetical case of beginning with a $500 account and the way its going to grow to something reasonable. I've learnt not to chase every trade (although the hard way).




    My goal is to build consistency and patience. Take little profits here and you also achieve the 10 percent of previous month's balance. Law of compounding will create my account grow.
    MONEY MANAGEMENT
    PATIENCE
    CONSISTENCY

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