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Thread: Cimov Systems

  1. #16
    In Profit wing2008's Avatar
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    Trade M

    1. Signal trigger sell position at 1.9806
    2. EMA 8 value is 1.9807
    3. Candle before our signal candle is not a doji/spinning/star
    4. Stop loss level is 67 pips
    5. Take profit at 1.9739
    6. Trade close with 67 pips

    Note:
    The distance between close price and EMA too short.
    We can use ordinary stop loss at the high of previous bar/candle.
    This signal bar close below its moving average indicate the trend continue.

  2. #17
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    Trade N

    1. Signal trigger sell position at 1.9751
    2. EMA 8 value is 1.9794
    3. Candle before our signal candle is not a doji/spinning/star
    4. Stop loss level is 43 pips
    5. Take profit at 1.9708
    6. Trade close with 43 pips loss

  3. #18
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    Trade O

    1. Signal trigger sell position at 1.9750
    2. EMA 8 value is 1.9777
    3. Candle before our signal candle is not a doji/spinning/star
    4. Stop loss level is 27 pips
    5. Take profit at 1.9723
    6. Trade close with 27 pips loss

  4. #19
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    Trade P

    1. Signal trigger buy position at 1.9801
    2. EMA 8 value is 1.9779
    3. Candle before our signal candle is not a doji/spinning/star
    4. Stop loss level is 22 pips
    5. Take profit at 1.9823
    6. Trade close with 22 pips loss

  5. #20
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    Trade Q

    1. Signal trigger buy position at 1.9804
    2. EMA 8 value is 1.9785
    3. Candle before our signal candle is not a doji/spinning/star
    4. Stop loss level is 19 pips
    5. Take profit at 1.9823
    6. Trade close with 19 pips loss

  6. #21
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    Trade R

    1. Signal trigger buy position at 1.9838
    2. EMA 8 value is 1.9817
    3. Candle before our signal candle is not a doji/spinning/star
    4. Stop loss level is 21 pips
    5. Take profit at 1.9859
    6. Trade close with 21 pips

  7. #22
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    Summary of trades:

    Trade with profit:
    A, B, C, D, F, G, I, K, M, R
    (10 trades)

    Trade with loss:
    H, J, L, N, O, P, Q
    (7 trades)

    No trade:
    E (1 trade)


    Total pips from winning trades = 373 pips (63%)
    Total pips from lossing trades = 219 pips (37%)

    Net pips = 154 pips

  8. #23
    In Profit wing2008's Avatar
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    The Important of Using Trailing Stop and Money Management

    I'm sure you all have deep understanding in Trailing Stop and Money Managemet.
    So I don't need to explain the basic concept, but only for this system.
    An experience trader know not only the good system but the price movement too.

    This system can use trailing stop with this criteria:
    1. If price move in trend, put stop at break even when price had move half or third quarter to take profit level.
    2. If price move sideways, leave the stop at its original level.

    For money management, of course you can use your own system.
    Mostly money management tell to open a trade with 2 lots and close 1 lot at take profit and move the other stop to break even and let it run to gain more pips.
    It's okay to do that, but in this system I don't use that.
    When price move to third quarter of target point, I put stop at break even.
    When price reach its target, I close half of my positions and move the other half stop to half value of target pips.
    So, if our target is 30 pips then I move the stop 15 pips from breakeven level.

    Now back to my first post in this thread.
    Trading always about you.
    You decide to use money management of your own. Go ahead but always discipline.
    If you decide not to use trailing stop, then good for you.

    Remember to always confidence and discipline
    After all, not the best systems make you rich but the understanding of price movement does.

    If you have trading the same system with this one, you are very welcome to share your experiences.

    Please understand, that's English not my main language.
    If there is incorrect grammar, then I must learn again.

  9. #24
    In Profit wing2008's Avatar
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    Trades continued

    Now look at the picture attached below
    In April 3, 2008 we have 5 trades.



    This 5 trades in one day look promising.
    Let's examine one by one.

    Trade 1
    1. Signal to sell at 1.9828
    2. Stop loss at 1.9855
    3. Take profit will be 1.9801
    4. We close trade with profit 27 pips

    Trade 2
    1. Signal to sell at 1.9819
    2. Stop loss at 1.9847
    3. Take profit at 1.9791
    4. We close trade with profit 28 pips

    Trade 3
    1. Signal to buy at 1.9906
    2. Stop loss at 1.9851
    3. Our target is 1.9961
    4. We close trade with profit 55 pips

    Trade 4
    1. Signal to buy at 1.9950
    2. Stop loss at 1.9873
    3. Take profit at 2.0027
    4. Target hasn't reach yet. We CARRY the TRADE for next day

    Trade 5
    1. Signal to buy at 1.9965
    2. Stop loss at 1.9933
    3. Take profit at 1.9997
    4. Target hasn't reach yet. We CARRY the TRADE for next day


    Summary:
    In April 3rd, 2006 we have close 3 trades with total 110 pips in profit
    and we still have 2 trades open


    Let's see what happen next day on April 4, 2008
    Last edited by wing2008; 04-06-2008 at 01:18 PM.

  10. #25
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    Quote Originally Posted by wing2008 View Post
    Trades continued

    Now look at the picture attached below
    In April 3, 2008 we have 5 trades.

    This 5 trades in one day look promising.
    Let's examine one by one.

    Trade 1
    1. Signal to sell at 1.9828
    2. Stop loss at 1.9855
    3. Take profit will be 1.9801
    4. We close trade with profit 27 pips

    Trade 2
    1. Signal to sell at 1.9819
    2. Stop loss at 1.9847
    3. Take profit at 1.9791
    4. We close trade with profit 28 pips

    Trade 3
    1. Signal to buy at 1.9906
    2. Stop loss at 1.9851
    3. Our target is 1.9961
    4. We close trade with profit 55 pips

    Trade 4
    1. Signal to buy at 1.9950
    2. Stop loss at 1.9873
    3. Take profit at 2.0027
    4. Target hasn't reach yet. We CARRY the TRADE for next day

    Trade 5
    1. Signal to buy at 1.9965
    2. Stop loss at 1.9933
    3. Take profit at 1.9997
    4. Target hasn't reach yet. We CARRY the TRADE for next day


    Summary:
    In April 3rd, 2006 we have close 3 trades with total 110 pips in profit
    and we still have 2 trades open


    Let's see what happen next day on April 4, 2008
    Hello wing2008
    Try this http://tinypic.com to up load U Image,just copy paste the url IMG its given to here.
    Hope can help...U.

  11. #26
    In Profit wing2008's Avatar
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    Quote Originally Posted by asaksake View Post
    Hello wing2008
    Try this http://tinypic.com to up load U Image,just copy paste the url IMG its given to here.
    Hope can help...U.
    Uppss.... Thank you asaksake

  12. #27
    In Profit wing2008's Avatar
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    Trades continue

    Below is the chart for trading on April 4, 2008
    Let we see the trades one by one

    On April 4, 2008 there are 3 new trades and 2 old trades still opened from a day before.


  13. #28
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    Trade 4
    1. Open position at 1.9950
    2. We close trade at 2.0027 and gain 77 pips profit

    Trade 5
    1. Our open position at 1.9965
    2. We close trade at 1.9933 and lose 32 pips

    Trade 6
    1. Open price at 2.0018
    2. Stop loss at 1.9963
    3. Trade was closed at 55 pips loss

    Trade 7
    1. Open price at 1.9957
    2. Stop loss at 1.9975
    3. Trade was close at 18 pips profit

    Trade 8
    1. Open price 1.9920
    2. Stop loss at 1.9948
    3. We carry trade this trade on Monday

    Summary
    Trade close with profit : 2 trades with total 95 pips gain
    Trade close with loss : 2 trades with total 87 pips loss

    Total net profit : 8 pips

  14. #29
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    Trade continues

    This is the picture of trades taking on April 7, 2008
    We made 4 trade that day.



    Next I'm go to summarize these trades.

  15. #30
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    Summary of trades on April 6, 2008

    Trade 8
    1. Carry trade, we close at 1.9892
    2. Gain 28 pips profit

    Trade 9
    1. Open price at 1.9906
    2. Stop loss at 1.9923
    3. Closed trade at 1.9889
    4. Profit 17 pips

    Trade 10
    1. Open price at 1.9878
    2. Stop loss at 1.9901
    3. Closed price at 1.9855
    4. Profit 23 pips

    Trade 11
    1. Open price at 1.9850
    2. Stop loss at 1.9871
    3. Closed price at 1.9871
    4. Loss 21 pips

    Trade 12
    1. Open price at 1.9880
    2. Stop loss at 1.9870
    3. We carry trade tomorrow


    Total trade closed = 4 trades
    Profit from closed trades = 68 pips
    Loss from closed trade = 21 pips

    Net Profit = 47 pips

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