Scribd Logo
Upload

Welcome to Scribd!

  • 913 views

    Jaimo Method Suggested Setup: Last Update

    Uploaded by

    ryan lee
    This document describes a forex trading system called the "Jaimo method" which uses: 1) Two regression channels, one at 56 periods and 1.618 close parent with a center line, and one at 56 periods and .809 close 25% from parent with no center line. 2) Two moving averages, an 8 period exponential MA and 5 period exponential MA, with options to change settings. The system provides rules for entering trades when the moving averages cross inside or outside the regression channels away from the center line. It aims for 10 pips per 4 minute chart trade. Sample charts are shown and discussions from traders using variations are included.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Jaimo Method Suggested Setup: Last Update

    Uploaded by

    ryan lee
    913 views11 pages
    This document describes a forex trading system called the "Jaimo method" which uses: 1) Two regression channels, one at 56 periods and 1.618 close parent with a center line, and one at 56 periods and .809 close 25% from parent with no center line. 2) Two moving averages, an 8 period exponential MA and 5 period exponential MA, with options to change settings. The system provides rules for entering trades when the moving averages cross inside or outside the regression channels away from the center line. It aims for 10 pips per 4 minute chart trade. Sample charts are shown and discussions from traders using variations are included.

    Original Title

    Forex

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document describes a forex trading system called the "Jaimo method" which uses: 1) Two regression channels, one at 56 periods and 1.618 close parent with a center line, and one at 56 periods and .809 close 25% from parent with no center line. 2) Two moving averages, an 8 period exponential MA and 5 period exponential MA, with options to change settings. The system provides rules for entering trades when the moving averages cross inside or outside the regression channels away from the center line. It aims for 10 pips per 4 minute chart trade. Sample charts are shown and discussions from traders using variations are included.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    913 views11 pages

    Jaimo Method Suggested Setup: Last Update

    Uploaded by

    ryan lee
    This document describes a forex trading system called the "Jaimo method" which uses: 1) Two regression channels, one at 56 periods and 1.618 close parent with a center line, and one at 56 periods and .809 close 25% from parent with no center line. 2) Two moving averages, an 8 period exponential MA and 5 period exponential MA, with options to change settings. The system provides rules for entering trades when the moving averages cross inside or outside the regression channels away from the center line. It aims for 10 pips per 4 minute chart trade. Sample charts are shown and discussions from traders using variations are included.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 11

    AWESOME Hidden Forex Trading Systems

    Forex-jaimo
    -----------------------------------------------
    Forex – “Just All Intense Monterey Operations”

    Jaimo method suggested setup:


    Last update - 1/11/2006 9:42:40 PM
    2 Regression Channels
    56, 1.618 Close Parent with center line.
    56, .809 Close 25% from parent NO center line. Lime green on my chart.
    NOTE: The change to .809 from a standard regression channel was
    provided by KayBee and her Husband Ken. I understand that Ken is the
    one who actually thought of the .809 and we certainly thank him for getting
    us thinking in this direction. It has certainly enhanced the product.

    Regression Option #1: .809 switched to .618


    56, .618 Close NO center line. Lime green on my chart.
    ===========================================================
    Moving Averages:
    8 MA(8,Open) Exponential
    5 MA(5,Close) Exponential

    Moving Average Option #1


    Change 8 MA to a 7MA and select Weighted in place of Exponential.
    This gives you a faster cross as much as 2 bars ahead and also works on larger time
    frame.
    Setup looks like this - MA(7,Open, offset 0, Weighted)
    ===================================================================
    FYI: I personally am using the method with both the regression channel Option #1 and
    the moving average Option #1

    ORIGINAL SETUP:
    Note: 5 MA has an offset of -1 See graphic:

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    One way to use this method:


    1. When the Moving Averages cross and they are at the TOP or BOTTOM of the
    parent channel then we could enter in the opposite direction.

    2. Never enter when cross is in the center of the Regression channel.

    3. NOTE: Blue must cross Red before you enter a trade and the cross should not be in
    the NO TRADE zone.
    Remember Blue must cross Red before you enter.

    4. Stay in until we get another cross.

    5. Parent regression channel MUST be at least 20 pips or more. (Bigger is


    better.)

    6. Works on all time frames I like the 4 minute chart and I go for 10 pips per
    trade.

    Option #1: .809 switched to .618


    New Jaimo setup 2 Regression channels one is at 56 and 1.618 with a center line
    and one is at 56 and .809 with no center line. Lime Green dashed line. The lime
    green regression channel is about 25% from the Parent channel to help you judge
    where to enter.

    You want to enter when the lines cross between the lime green and the Parent
    orange line. Never enter when it’s close to the center line.

    Note: When cross is outside the limits of Parent regression channel top or bottom
    that is even a BETTER entry point.

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    Note: Dashed purple line is an 89 period Simple Moving average. Not


    required,

    Red and Blue must cross before you enter a trade and the cross should not be in a NO
    TRADE zone.

    You always have 10 to 15 pips retrenchments in any market and the 1 minute to 5
    minute reflects most of them. Trending or Oscillating markets are never in a
    straight line.

    I would never use this method around any news in fact I find it works best in
    slower periods.

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    SAMPLE CHARTS:
    12/13/2005 10:11:05 PM

    The above is just to show what a trade looks like.

    ==============================================================
    12/14/2005 18:42:48
    jaimo} Hello folks, this could be of some importance for you as it has saved
    numerous full 10 to 20 pip trades for me. When you are in a “jaimo trade”
    in a 1 Min chart and it appears you are about to lose your already showing
    profit you might decide to quit and take less than 10 pips. BEFORE you
    quit- check in the 4 or 5 Min. chart and see how much angle and separation
    you have. I have learned to hang in and score well if there still is angle and
    separation between the blue and red line in the 4 or 5 min chart and get the
    full profit target. Try it and smile!

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    Bob in Mesa (Very Aggressive setting on No Trade Zone.)


    My .618 change is just Re-inventing the wheel. But I love to experiment.
    It has given me 27 trades now without a loss 12-22-2005 rlroyce

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    1/3/2006 9:15:33 AM

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    1/3/2006 10:09:04 AM

    If you need More forex Systems


    AWESOME Hidden Forex Trading Systems

    If you need More forex Systems

    You might also like