Systematic Daily Chart

[MG]

I've been a long time member here, but I have not been overly busy in past few yrs because of hectic schedule with work(I work in finance). I've been toying with many systems over the last two yrs, actually trying to find and function with my busy lifestyle. The end results which have been generated in terms of a systematic egy has been a swing trading methodology off of a trading model on the daily chart.

Position Candles- I have a simple excel model that I use to score the outputs of each of the model elements, which gives me a probability approach when it comes to position sizing. I normally do not go too big, meaning that anyplace above 5:1 leverage would be competitive. This enables me to get rid of the use of stops, which in my professional experience do not do me any good. There are many different ideas on this, and I really believe that it all comes down to just how much pain you're willing to take in your level of area along with a commerce. My position sizing is usually modest(unless I am really positive on a trade, I throw everything I have at it) so this lets me be completely undecided as to whether I was 200p or -200p. I think Larry Hite said something similar-use sizing to where you're completely indifferent on a commerce.

Holding- In terms of holding time, I'll hold a trade provided that it's paying me.

Execution- In terms of execution, I don't do anything fancy, I just place limit orders at levels where price has bounced off aggressively, indiive of good size liquidity. From my experience orders are usually around amounts. It's essential to be patient, I'll wait as long as necessary to be introduced.

The system-I utilize a time series forecasting indior, a stochastic using a proprietary smoothing algorithm, composite market profile(with proprietary levels of SR), monthly range projection, two timing indiors(DeMark and proprietary)

I actually just want to see other people discuss systematic egies to swing/position trading away the daily charts-so please no intraday here

[MG]

Just want to post a few charts so people can see how I trade. I'm a trader, not an analyst. I respond to conditions on the market and the way they are reflected by my version at risk preference. To be very honest, I do not follow much news(only for contrarian sentiment) or perhaps economic information for that matter-most of the is just noise anyway.

EURUSD
-nearing high of range close to 1.1135, looking very stretched here, but it can squeeze higher. I don't have any place on this pair

[MG]

GBPUSD
-heaps of energy construction since the start of summer reflected by the wedge in addition to decreasing amplitude. I took a long position after I'd signals, up abt 180p right now, holding into rate decision appearing to finish.

[MG]

EURAUD
-dropping momentum, looking for a dip here, not time just yet though

[MG]

USDJPY
- better support near 120. A significant magnet amount

[MG]

EURAUD
- ought to see some weak price action early next week. I will look to go brief this pair when time is ideal.

[MG]

GBPUSD -tons of energy construction since the beginning of summer represented by the wedge in addition to diminishing amplitude. I took a long position once I had signs up abt right holding into rate conclusion looking to end. image

nice motion here, good compression at the base. Same with all the USDJPY fade, mkt Searching for lower prices since rate bulls panic a bit

[MG]

USDCHF includes a buy signal, but it is still sitting over service .9700-.9650. In my experience, hard levels of service and resistance trump momentum and timing, with that said I would have to wait here in order to buy.

[MG]

There are a number of convergences that should be occurring- centered upon the simple fact that USDCHF and USDJPY are investing in close to markets value that is fair- 120 and .97 . This opens up a massive chance for trades at the USD space, most especially EURUSD in which mkts fair value is up near 1.2170 I think. Assuming that we get a management with a alyst at the meeting, we will see a big USD commerce within the quarter. Charts can tell you a lot about the mkt, If You're Able to take them

[pomgemevigeo]

Just need to post a few charts so people can see how I trade. I'm a trader, not an analyst. I respond to conditions in the market and the way they are reflected by my model at risk preference. To be quite honest, I don't follow news(only for contrarian sentiment) or perhaps economic information because matter-most of the is just noise anyway. EURUSD -nearing high of range close to 1.1135, looking quite stretched here, but it can squeeze higher. I don't have any place on this pair image

Hello,

I'm a trader, not an analyst intriguing sentence....

Myself also exchange from day charts only, using Fibonacci and harmonic patterns. On the lookout for reversal points.

I'm interested to know more concerning the indior that you use on the right hand side of your graph. (Red, blue and green colours)

Regards