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Semafor Trend Trading

Semafor Trend Trading

by Dr.Hamdi Boukamcha

I’m dealer of about 7 years. I’ve been via many techniques on the lookout for the holy grail till I noticed there isn’t a such factor! I’d not name myself an knowledgeable, however with the assistance of this discussion board, and plenty of others alongside the best way (primarily John Thomas from Kitsap and Dredding82 for displaying how highly effective Semafor’s may be) I’m assured and profitable.

Earlier than you put up, know the principles:

1. Semafors repaint (I KNOW THIS). So please don’t remark about it repainting, they’re simply guides.
2. That is what works for me, and that is simply info that hopefully assist different merchants on the market.
3. Please be courteous and conscious of one another. This can be a pleasant thread, during which we are able to study collectively.
4. I’m not providing you with buying and selling alerts and won’t be liable for any positive factors and/or losses you incur buying and selling this technique. That is merely a sharing of the issues I’ve discovered which have labored for me.

On to the good things. I’ve discovered to maintain it easy. Listed below are the instruments you want:

1. 3_Level_ZZ_Semafor (Dredding82’s threads have a superb one)(Yow will discover it right here: http://www.forexfactory.com/showthread.php?t=308231)
2. A pivot indicator (I exploit the SonicR Management Panel)(Yow will discover it right here:http://www.forexfactory.com/showthread.php?t=114792)
3. (Non-compulsory) A Zig Zag of some type if you wish to see the development simpler. I’ve posted one beneath.

The essential factor to know is to commerce with the commerce! Semafors seem in 3 sizes (small, medium, and huge). That is how I commerce commerce them:

Purchase:
1. Giant or medium semafor seems on backside (displaying excessive stage)
2. Value strikes increased making a semafor on high
3. Then a transfer decrease with out making a “new low”, creating one other new semafor (“Larger Low”)(A low, then excessive, then increased low confirms an up development in MOST circumstances)
4. Purchase the break excessive of this candle. (Usually a “bullish engulfing candle”)

Promote:
1. Giant or medium semafor seems on high
2. Value strikes decrease making a semafor on backside
3. Then a transfer increased with out making a “new excessive”, creating one other new semafor (“Decrease Excessive”)(A excessive, then low, then decrease excessive confirms a down development generally)
4. Promote the break low of this candle. (Usually a “bearish engulfing candle”)

Your targets rely on the time-frame and the place your pivots are displaying assist or resistance. On a BUY I usually put a Fibo out of your excessive to your decrease low and shoot for the 161.8% retracement stage. A promote can be the reverse. My cease is all the time just a few pips past the decrease low or increased excessive used to arrange the commerce.

The commerce explorer is up as of September 13, 212 (and this account will solely commerce semafor system trades so we are able to get an correct image of the profitability.) The account is “dwell” not a “demo”.

Right here is an instance:
Hooked up Picture (click on to enlarge)

Semafor Trend Trading

Hooked up Picture (click on to enlarge)

Semafor Trend Trading

Hooked up File

Semafor Trend Trading   SonicR Management Panel (White).ex4   97 KB | 1,338 obtain

Hooked up File

Semafor Trend Trading   3_Level_ZZ_Semafor.ex4   43 KB | 1,428 obtain

Hooked up File

Semafor Trend Trading   ZigZagAdvanced_mj_v1.13.ex4   47 KB | 1,431 obtain

Hooked up File

Semafor Trend Trading   semafor development buying and selling.tpl   75 KB | 1,245 obtain | Uploaded Sep 14, 2012 4:02pm

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