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Old 10-22-2007, 08:39 PM   #17

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Re: The Chimp`s "Forex Trades"

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Originally Posted by Reaver »
The chimp oscillator..I like it man.
This oscillator works like this :

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Old 10-22-2007, 09:19 PM   #18

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Re: The Chimp`s "Forex Trades"

Now the market works on this fashion :

move-inflection-move-inflection-move-inflection etc etc...

sounds silly uhu ?..



he is permanently doing that... you look a chart and its that...

now basicly trades should be taken during the inflections, not the moves...
so a trader has this task, spot the clean inflection itself, wich normally thats no big deal of a task... we normally call that : Timing.

NOW an even more excellent task he has to do is to understand to what context this inflections respond too... where is this Inflection situated on the market stage... here is where the trader will excell to understand what he is doing and why he is doing such a trade...

Here The Chimp will facilitate a cheat graph where he basicly is able to see all the types of trades that come to happen in a given Stage of the market...



you will notice here that he organizes the market arround an axis with centrifugal and centripetal action in relation to that axis...

We saw previously on our trend definition how our tools on the price pane (three lines) help us to determine how we are in relation to the axis...

Now... coffee please...
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The Chimp`s "Forex Trades"-move-inflection.png   The Chimp`s "Forex Trades"-chimps-view-market-stages.png  
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Old 10-22-2007, 09:27 PM   #19

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Re: The Chimp`s "Forex Trades"

Hi Walter and hi all there.

I am lucky, you started this thread today. I will be following with a great interest this thread.

Great jobs all you are doing here.

Thanks.

Cattus
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Old 10-22-2007, 09:32 PM   #20

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Re: The Chimp`s "Forex Trades"

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Originally Posted by cattus »
Hi Walter and hi all there.

I am lucky, you started this thread today. I will be following with a great interest this thread.

Great jobs all you are doing here.

Thanks.

Cattus
Thats great Cattus ¡¡ Bienvenido ¡¡
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Old 10-22-2007, 10:07 PM   #21

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Re: The Chimp`s "Forex Trades"

[QUOTE=walterw;22591]I will get started with trend...

We need to have a clear trend definition in order to be confident to take any trade, be it trend or countertrend trade...

I will be using a 5 min chart and a 1 min chart for this aproach...

The 5 min chart help us to see the big picture, the 1 min takes us to the "specifics" of our trade...

So I will start with the 5 min chart showing how we determine trend there...

My 5 min chart its very simple, on the price pane we only have 3 lines...



This three lines are :

adxvma6_16 bar (40) (blue)
adxvma6_12 bar (4) (green)
tlomi non lag ma (9) (yellow)

Hi Walter.

Sorry, but I need some help.

I have the VarMA_v1.1. I don't know if you mention the same indicator like "adxvma6_16 bar (40)" and "adxvma6_12 bar(4)". If it is your indicator, could you please tell me the setup in the follow variables:
MA:Length
VarMA:Length
ADX:Length
ADX_Type
MA_Mode

And, where can I find the "tlomi non lag ma" indicator for MT4?

Thanks.

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Old 10-22-2007, 10:18 PM   #22

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Re: The Chimp`s "Forex Trades"

Cattus : as the thread evolves, I will soon post indis and templates... cheers Walter.
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Old 10-22-2007, 11:00 PM   #23

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Re: The Chimp`s "Forex Trades"

Ok... I continue here...

We have cycles that happen to start and end on inflections points... this cycles/inflections are clearly shown by a clean oscillator...

NOW... this inflections happen on a clear context where we can determine if we are about to take centrifugal or centripetal action in relation to the axis...

On the other hand we have a series of setups clearly designed for each given context...

Lets start with the Centrifugal context setups .. here we expect to see the price action traveling to the outside extreme from the axis... I normally call this trend trades because the movement is on the same direction of the side we are of the axis... Example: below axis, going down or above axis going up...

On this Centrifugal context the chimp is used to take two types of setups :

_Icon

_Continuation

very simple, this is the traditional trend trade where you buy the dips on an uptrend, sell the rallies on a downtrend... the icon actually is the "first" continuation after a cross of the axis... but basicly we take inflections of cycles on the direction of the trend on a Centrifugal action...

I asume you guys are somehow already familiar with the icon concept, in case of needing more info on it I would suggest the following readings http://www.traderslaboratory.com/for...rade-2147.html http://www.traderslaboratory.com/for...es-2364-9.html

So lets see an example today of some centrifugal setups (Icon and Continuation ) that gave us this plays from the axis to the outside... at the clearness of our vma`s trend context lines.. and with the clear view of the cycles thru our chimp oscillator...



here we see the price action croses the axis and after that the following continuations start to make their clear inflections in order to fuel a very nice centrifugal action... cheers The Chimp.
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The Chimp`s "Forex Trades"-centrifugal-continuations.png  
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Old 10-22-2007, 11:39 PM   #24

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Re: The Chimp`s "Forex Trades"

Here comes a video... maybe its not so clear yet the info as I needed to mix a little all the factors here on the presentation... dont worry, as the thread evolves it wil get more clear...

If you guys interact, it will be quite easy to understand, questions, answers, etc... feel free to interact ¡¡¡ cheers The Chimp.
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