Anyone using Dolly system found at Forex TSD?

Looks good and I've been using it for about a week or so.

I saw your dolly setup in the main page. Look like a very good indicator with advices on buying and selling price.

May be you can explain to us how to read the chart.

Dolly has a daily calculated system that will automatically highlight the areas whereby you either long or short the pairs. Mostly will work effectively with EUR/USD and GBP/USD especially during European and US opening session or when the market is at its highest volatility of the day. It is more based on momentum and a trending market. That is when the price reaches the indicated buy/sell areas, all you need to do is to follow the colored instruction. But I do take the primary trend into consideration, usually won't trade against the main trend. No system is perfect so Dolly has its bad days too. As long with proper money management, it is still a profitable system.

The originator is from Forex TSD Forum.

Dolly does look good. I am myself using the xpMA and a filter at the moment for trading

Never heard of xpMA. Can elaborate more? Thanks.

xpMA has been developed by coderguru from TSD, it is a combination of MA's into one, you can find out more here:
http://www.forex-tsd.com/indicators-metatrader-4/4430-xp-moving-average.html?highlight=xpma

*Looking at it now.

It is a very simple system, but the simple systems work best.
I use it in conjuction with entrex and on a 1 hour chart
determined by the trend using a 200 and an 800 MA. You can see at the moment that the price has been bouncing of the 800

I'm still trying to get a grasp on it.. can't think properly. probably due to Sunday morning blur mood..

FXOperator wrote:

QUOTE:
I'm still trying to get a grasp on it.. can't think properly. probably due to Sunday morning blur mood.. :laugh:

hehe, Know the feeling well

I'm using the braintrading system with Vegas 4 Hour Tunnel. So far so good, I did some back tests and it's profitable on the average.

Do you have braintrading system link? So far other than the 4-hr tunnel, does it work on other TF?

btw, welcome aboard! You've just got your first Karma.

Wow, thanks for the warm welcome. It sure is friendly over here. It's good to belong to a community too. The brain system can be found on forex-tsd.com here's the link anyway: http://www.forex-tsd.com/brain-systems/

The Vegas tunnel, I only use the fibs for my take profit target.

Still, there's some false signal in a ranging market. It pays to put in a filter. I've attached a picture of my setup. I like things to be simple.

Can't attach a file. Anyway, go to forex-tsd.com and you'll see even more pictures.

Post edited by: edge, at: 2006/11/21 15:47<br><br>Post edited by: edge, at: 2006/11/21 15:48

Welcome edge!

FXOperator has done a great job to create this site. I'm hoping this small niche community could offer more for all FX traders.

Lets do our best to contribute, share and teach fellow friends in here. I believe it won't be long before fxoperator receive endorsements from brokerages.

Jest

I think I'll be learning more than teach here. I'm still demo trading, just opened an account with IBFX though. Hoping to win more than I lose. heh.

See ya around! And Good trading for the rest of the week.