GPS Trading System

jasonckb
Trader
Posts: 187
Joined: Sat Aug 25, 2012 9:45 am

Re: GPS Trading System

Post by jasonckb »

I have changed my entry rule of the GPS system after testing it for sometimes.

1) Long Bias : +3 to +7 and D1 MACD slope increasing ; Short Bias: -3 to -7 and D1 MACD slope decreasing
2) -2 to +2 no trade zone
3) +8 to + 10 and -8 to -10 finding reversal signals (ignore D1 MACD)
4) Long signal: H1 MACD >0 and Price close above 8 periods EMA PAC
5) Short signal: H1 MACD <0 and Price close below 8 periods EMA PAC
6) Exit anywhere you like or opposite signal issued; for autotrader I suggest 80% of remaining average daily range (20 days) (For example, daily range 100, current 50, then exit is 40 pips)

I will post my trade in the coming weeks, my trading hour mainly late London session till mid NY session. Or you can go to myfxbook seeing the Basket Trade portfolio and those with GPS or blank comment will be executed thro' GPS trading method. :mrgreen:
Happy Trading

Jason
jasonckb
Trader
Posts: 187
Joined: Sat Aug 25, 2012 9:45 am

Re: GPS Trading System

Post by jasonckb »

with a rating of -7 short GBPCAD.

TP 1.5852, SL 1.594.
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Happy Trading

Jason
jasonckb
Trader
Posts: 187
Joined: Sat Aug 25, 2012 9:45 am

Re: GPS Trading System

Post by jasonckb »

jasonckb wrote:with a rating of -7 short GBPCAD.

TP 1.5852, SL 1.594.
SL moved to be + 3 =1.589, tp moved to 1.582, 85% daily range
Happy Trading

Jason
jasonckb
Trader
Posts: 187
Joined: Sat Aug 25, 2012 9:45 am

Re: GPS Trading System

Post by jasonckb »

jasonckb wrote:
jasonckb wrote:with a rating of -7 short GBPCAD.

TP 1.5852, SL 1.594.
SL moved to be + 3 =1.589, tp moved to 1.582, 85% daily range
Day low1.5864, stop out at +3 pips
Happy Trading

Jason
jasonckb
Trader
Posts: 187
Joined: Sat Aug 25, 2012 9:45 am

Re: GPS Trading System

Post by jasonckb »

jasonckb wrote:
jasonckb wrote:with a rating of -7 short GBPCAD.

TP 1.5852, SL 1.594.
SL moved to be + 3 =1.589, tp moved to 1.582, 85% daily range
Day low1.5864, stop out at +3 pips
Happy Trading

Jason
jasonckb
Trader
Posts: 187
Joined: Sat Aug 25, 2012 9:45 am

Re: GPS Trading System

Post by jasonckb »

jasonckb wrote:
jasonckb wrote:
jasonckb wrote:with a rating of -7 short GBPCAD.

TP 1.5852, SL 1.594.
SL moved to be + 3 =1.589, tp moved to 1.582, 85% daily range
Day low1.5864, stop out at +3 pips
Although this earn not much but actually it can earn more as there was an earlier signal at many hours ago like 9 Nov 10:00. That means if we can have an autotrader, it can catch a bigger move.
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Happy Trading

Jason
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DING
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Posts: 103
Joined: Wed Nov 16, 2011 11:53 am

Re: GPS Trading System

Post by DING »

Jason,

thanks you share your GPS Trading System and give us the FF Genesis Matrix information,
could you share why you not direct trading using Genesis Matrix strategy,
did you found the Genesis Matrix have what drawback that you need to tweaking?

:)
jasonckb
Trader
Posts: 187
Joined: Sat Aug 25, 2012 9:45 am

Re: GPS Trading System

Post by jasonckb »

DING wrote:Jason,

thanks you share your GPS Trading System and give us the FF Genesis Matrix information,
could you share why you not direct trading using Genesis Matrix strategy,
did you found the Genesis Matrix have what drawback that you need to tweaking?

:)
GM is good in deed. An it can be used as a good signal generator. I use PAC + MACD is that I found the combination always gives out an earlier signal and more reliable (this is my own feeling, no solid proof at all). In addition, PAC can give me a feeling on price action.
Happy Trading

Jason
jasonckb
Trader
Posts: 187
Joined: Sat Aug 25, 2012 9:45 am

Re: GPS Trading System

Post by jasonckb »

GBPCAD short rating -6, target 1.582, SL 1.594
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Happy Trading

Jason
jasonckb
Trader
Posts: 187
Joined: Sat Aug 25, 2012 9:45 am

Re: GPS Trading System

Post by jasonckb »

NzdUSD short at early today 2:25, SL has been moved to be +4, tp 0.8118
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Happy Trading

Jason
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