Thread: KAS Trading Journal

1 Attachment(s) 300508 9:01pm (GMT 8)

latest upgrade of KAS TRTS method - win a few loss a few - becoming better.
https://www.nigeriaforextrading.com/...ax-dow-nq.html

300508 11:57pm (GMT 8)

It has been long that I have not come out with a new thought of Set and Forget system to be tested.

Idea came out now- Based on the KAS COMBI sign, if UC and EC is Red (BBS) for instance at the time that I open the chart - then I will immediately placed a SELL UC, SELL EC and SELL EU - no SL no TP.

But, at 20 pip disadvantage from the SELL entrance, place 3 pending orders BUY for all pairs.

The concept is:

a) Mainly UC and EC will move almost congruently the majority of the time, therefore it is probably that both will move in exactly the same way up or down.

B) The reason why I dont put EU another direction is since , this is a Set and Forget system, and price can get everywhere if not tracked - so by putting EU with exactly the same direction of UC- it behave some type of hedge.

C) Now, the pending orders in the reverse direction is the'key' item - which is at 20pip away from the entrance point - this would mean that, the Worst Case Scenario will be if most of pending orders got hit, we will have reduction around 60 pip, so shut it.

D) The Best Case Scenario will be if just pair got hit in a different direction.

E) The Moderate case scenario will be if 2 pairs got hit in a different direction - but still we can get near to break even in this case.


First evaluation - SELL UC, EC and EU. Establish pending buy orders at 20pip away from the SELL Entrance.

310508 1:14am (GMT 8)

Read somewhere from someone - seems like a great Set and Forget Method to be analyzed:

Originally posted by rajesh:
I have been trading by hedging EUR/USD nad USD/CHF. It's correct that the pairs are very closely linked (as shown by the correlation information. However the slight difference in correlation leads to a volatility.
It's this diff which I exchange...
Strategy: BUY 1 device EUR/USD
Buy 1 device USD/CHF
with just 2 units traded oanda the fiscal value is negligible. What I am looking for is a positive or negative difference in pip value.
I.e. EUR/USD = -245 pips
USD/CHF = 145 pips
(If his was perfectlly correlated then pip values shoud be exact opposites) IT IS THIS VARIANCE WHICH I RELY ON TO MAKE PIPS.
When the difference reaches a negative/positive value of 100 pips. I place bigger positions on BUYING both pairs and waiting for this variance to return to normal (i.e. connected ). In doing this I make the 100 pips profit
in the event the first 2 unit BUY trade results in:
EUR/USD = 176
USD/CHF = -74
In order to generate money as the charts correlate again, both pairs need to be SOLD and 100 pips are taken...
I dont know if I have explained this well. I've been making consistant profits with a little outlay ($100.00) for the past 8 months. The best thing about the system is that I am not attempting to forecast the trend of this chart, all I do is wait patiently for deviations from perfect corellation and take profits on its own return. Because it is an entirely mechanical system, anyone with programming knowledge (NOT ME!!!!!) Can back examine this and pls article yr outcomes.
That I would be very interested at the input of seasoned traders since I am making profits but I dont know whether I am just lucky....Regards
Raj

050608 1:02am (GMT 8)

Closed the commerce using 14 pip profit.

050608 1:47am (GMT 8)

BUY GJ in 205.32 only now - 2 BBS below the price.

Edit: 3 really

050608 9:29am (GMT 8)

Trade yesterday have been closed with around 10 pip profit - however should I let it run,taking a look at the chart, it sure could make over 50 pip.

For today, utilize distinct egy.

BUY GJ only now at 205.74, SL -50 and TP 50

Place entry SELL order at 205.24 with SL -50 and TP 50 also. Will let it reach the TP or SL - such as Set and Forget system.

Reason:

MTF BBS as Support and Resistance.

050608 12:21pm (GMT 8)

Current standing - at 6 pip profit.

050608 2:01pm (GMT 8)

At 25 pip profit.

Notice on the next chart attached for EU - just how nicely the Upper BBS behave as a Resistance.

050608 2:05pm (GMT 8)

BUY UJ just currently at 105.58 with TP 50 and SL -50.

050608 2:57pm (GMT 8)

The BUY GJ hit TP to get 50 pip profit.