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  • 7/26/2019 Instructions - Trade Examples

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    Home Introduction Setup Instructions New Keys

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    Instructions - Trade Examples

    Instructions (Main) Practical Use Secondary Setup

    Trade Examples and Play by Play Discussion

    Fig. 8 thru 10 - Three additional GBP/J PY Trigger Examples

    Note that these trade signal or 'trigger' examples are close up views of the beginning of the new reversal zone and do not show the

    entire travel of the trade.

    Fig. 8

    Had all of Sept. & Oct. to plan this 3400+pip trade on x1.618 x Daily Chart

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    Fig. 9

    Reversing position - Ending Nov '07 trade and Beginning another

    which goes on for 817 pips on x.236 x 10 Minute **

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    * * This trade took place on a 10 minute X x .236 template. I must have overwritten my screenshot file and the 5 minute data for a 2X x

    .236 template is no longer available in the chart. Fortunately the 15 minute data is still there so this 15 minute X 0.67 x .236 template I

    made to supply this screenshot works the same way. Values are the same. This also shows how you may create your own tools. Just

    keep close track of all the factors and keep in mind any major conversion of values may be impacted by the number of bars. I'll leave

    you to do the math. ;=)

    Fig. 10

    'J ust' got the HMA Turned for 660 pips on x.500 x 15 Minute

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    If you need to be sure you are getting the HMA turns you need you can use the Data Window. Shortcut is CTRL-D. Compare actual

    values from bar to bar for the change.

    Start to Finish Play by P lay Trade Entry

    The following Trade Entry is descri bed in words and pictures to bring home the points of the S.T.A.R. Forex Trading System. As the steps

    have already been outlined most of this will be screenshots with text commentary only to give some logical thinking where deemed

    helpful. The screenshots have their own comments that describe most of the steps being taken.

    Fig. 11

    Overview of the Landscape (That's us way up on top of this weekly chart)

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    Fig. 11 shows the entire landscape of the trade including big moves preceding i t. This wil l give some backdrop to what happens before,

    during and after the setup. The initial hunt for this trade's "Big Move" and pending collapse, which is shown in Fig. 12, takes place here

    in Fig. 11 between the 2 asterisks.

    Fig. 12

    Finding the big move's pending trend failure

    traits. All traits present and verified.

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    This screenshot is so compressed and the move is quite strong. So I congratulate you if you thought that the ribbon flip was not

    adequate because that is how it appears here. Fig. 12A gives a better look. At one point or another in the trend chall enge area each "68"

    has gone under the gold "68".

    Fig. 12A

    J ust the ribbon flip area from Fig. 12

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    Fig. 13

    1st Pullback Trial

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    Fig. 14

    Continuation Signal

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    Fig. 15

    2nd Pullback Trial

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    Fig. 16

    Another Continuation Signal

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    Fig. 17

    3rd Pullback Trial

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    Now that is a pullback! When I was checking on a 4 Hour I didn't know the next wave out might be on a Daily. But each wave makes its

    own timeframe. So we are going to test this pullback and let's see what happens.

    Fig. 18

    Confirmed Trade Signal

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    Fig. 18A

    Trade Signal Target Hit

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    Fig. 19

    Results of trade

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    This trade is indicated still a short but this move was too large and after the first set of bounces and another big drop it looked like time

    to move to a shorter time basis. This is shown at the "X's". The trade was reversed at the first one and the last one is stil l open as a

    short. There have been some other intermediate trades taken while holding open (through hedging). In order to take advantage of this I

    used the more aggressive approach mentioned before which is the Secondary Setup. Had the trade been on a much smaller time basis it

    would have just been held through the entire Primary Setup to a Primary reversal. You may wish to try some fair ly short term trades on

    the Primary Setup and then learn the Secondary Setup (see link at top or bottom of page) if that suits you. As you can see when the

    wave chooses a Daily timeframe to operate or "run on" then the primary can run a long time. There are always moves on smaller

    timeframes to take advantage of however.

    Fig. 20

    The short trade taken at that last X in Fig. 19 (reversal zone closeup)

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    OK, so now where are the exit trade examples? You just saw them. Right? Remember this is not an entry/exit system but a reversal

    system. Had to exit? No problem because the rules don't change. Start at Step 1 every time. Then you reverse the trade the same way

    you got into the trade.

    From NOW ON the trades you make are not considered entries or exits but pivot reversals!

    CAPTURE The Best Part of SUPER TRADES!

    Good Luck with your trades. Go DISMANTLEsome markets!

    Instructions (Main) Practical Use Secondary Setup

    Copyright 2008 Tom Hennessy - www.supertradesystem.com

    Worldwide Rights Reserved