Tuesday, October 31, 2006

H2 on eminiNQ M5 Chart
HAMA PAD v.1 Original
HAMA PAD Original was launched on August 25, 2006 to members of the Forex TSD.com as a suggestion for A Simple Trading Approach. You can read more about it there, as well as other charts and commentaries posted by a number of traders/users and myself.


HAMA PAD H2
Although the HAMA PAD v.1 Original is very simple using only 3 indicators and is already generating good profits for quite a few users, who are using for the first time. Many newbies/beginners and experienced traders are still finding challenges in identifying proper trade setups, timing their trades, and in recognizing the No Trade Zone.
We that in mind, I have developed the H2 version shown above. This is now on its final stage. The set of systems rules is being finalized in a manual form. In addition, I hope to coordinate the development of an Automated Trading Model based on H2, starting mid October, 2006
I will try to update this blog on a regular basis to keep interested HAMA PAD users posted on the latest development on H2 and also the Traders Lounge.