First trades — Hi, I started to look at FxPrime last week and had good thoughts about it. I decided to try it this week. Here are my first trades for the day. Not many pips, but all winners (+17). Vertical bars are showing valid signals. The ...

Powerful 1 Min Scalping System (Fx Prime)

petero, Thanks for answering. I knew it was too good to be true, but maybe there is something to do about it. Right now, I am trying different things like verify if the pairs keep the same position in the 30 min and 5 min timeframes and trade the 5 ...

Hedge and Correlation Strategy

toob, I agree, increasing the stop loss is an option. I wanted to have a risk to reward that made sense and my profit was around the center line of the COG. If my risk is too high, I won't enter. I will have to test further to come up with the right ...

My own developed benkyalate system

etrader, Actually, your numbers are very close to mine. I entered at 1.2360 and got stopped out at 1.2490 just because of that sudden peak. Price is still climbing but I anticipate a reverse downwards so I will still keep an eye on it. If it does go ...

My own developed benkyalate system

Because I am making many pips with it so far and I want to make sure there is no major reason not to use it. Also the issue of no stop losses scares me somehow. I am using 5min charts. Chamane

Hedge and Correlation Strategy

According to Belkhayate's system, I think it was time to enter, as soon as price crosses red or green dotted line in agreement with Timing in alert zone. But as you can see, it might have been a bit early in this case although I think it should be ...

My own developed benkyalate system

Is this thread still alive? Chamane

Hedge and Correlation Strategy

Here's another clear signal short. Price is in the red zone and Timing shows overbought alert area. I also took the trade. Chamane image

My own developed benkyalate system

Valid signal — Now here's what I would call a valid signal. Price was in the green zone of the COG and the Timing indicator was in the alert zone (<-8). I took the trade. Chamane image

My own developed benkyalate system

eTrader, Thanks again. I will surely have a look. I happened to find indicators not knowing exactly how to use them, but they show signals very close to Belkhayate's Timing. Chamane

My own developed benkyalate system

toob, I suppose you meant "...or when COG is up and the timer is level 1 oversold". Level 1 = between 4 (-4) and 8 (-8)? Level 2 = 8 (-8) and beyond? I personally don't like to go against the COG even if the Timing indicator will allow it. If you've ...

My own developed benkyalate system

[quote=email;2674039] email, I think Belkhayate applies his system on anything you can find on a chart. But from what I read, he only uses 4hr timeframes. Same thing with Oanfx system. You will find settings for 1 hr and other TF in this thread. I ...

My own developed benkyalate system

I was going to ask. I got a signal on EURCAD on Monday and made 104 pips with it, the potential profit was 150 pips. At one time, I was -30 pips but ended up nicely. But since then, no signal. I check all the pairs every 4 hrs. Chamane

My own developed benkyalate system

eTrader, Thanks a lot for clear explanation. In your second entry, you show a sell signal in both COG and Timing indicators, but the COG lines are moving up. Shouldn't we wait for the lines to go downwards in a sell situation? Regards. Chamane

My own developed benkyalate system

I bet this is it: www.belkhayate.ma Chamane

My own developed benkyalate system

Thanks for the link. Chamane

My own developed benkyalate system

eTrader, What is your exact entry point with the Belkhayate system. I suppose you first check if Timing is in the alert zone then look if price is between dotted and plain lines (red or green), but then what? Do you wait for candle to turn the color ...

My own developed benkyalate system

Here is my other setup for 5 min. The slope was starting to get high, but still tradable as other indys showed signals. I am using Orabi template and added Belkhayate's Timing wich I find simple to understand. I don't really know how to interpret ...

My own developed benkyalate system

Are you saying that if stoch or RSI are in overbought area with down COG lines, then the angle is not too steep (even if it looks like it) to enter a trade? Thanks Chamane

My own developed benkyalate system

Are you bying or selling? This is what I have for GBP/USD 4hr. I just made +26 pips buying it, but on 5min chart. Chamane

My own developed benkyalate system