Thread: My OSAMA System

Hello my name is Nicholas and I've always wanted to become financially independent. Over the last 3 years I've tried many non-traditional jobs for a nineteen year old: real estate, poker (win a million at the WSOP in lt;st1:citygt;lt;st1lacegt;Las Vegaslt;/st1lacegt;lt;/st1:citygt;?) , multi-level marketing, affiliate marketing with google adwords, and HYIPs (high yield interest program). About ten months ago, I had to call it quits with the hyips when the last one I had been in, that was paying 200% per month for nearly 18 months, travelled under appropriate as my profits were going to get serious. I had been performing hyips for a year and a half and I was tired of giving my money to some stranger and hoping they would follow through with their promises. The forex market is what lots of hyips claim as the origin of the incredible profits so I chose to find out about this forex market myself. No more could I give my money to someone else to lose, if it was likely to have dropped, I wanted myself to be the only reason.

So beginning in February of the year I spent $1000 on several quite large and comprehensive books on trading, and I've since devoted every free minute of my life to studying the forex market. And it's had its consequences. I've lost some friends, I dropped out of college, along with other things. Thankfully my parents fully support me.

I should pause though; I abandoned one very important part out. Hyips were my introduction to the world of investing and most of the hyip's I put my cash in returned 50%-300% a month. As I entered the forex market, I had been determined to create similar rates of return a month.

And that is what I've learned how to do.

One of the most important lessons I learned with the forex market is the overriding importance of a rock solid system with rules which never waver. That is why I've always veiwed mechanical methods as trading perfection. Mechanical systems are not influenced by emotion, among the best enemy's of the trader and you don't ever have to think about them deciding to dismiss a certain rule.

I think I've created a mechanical system which with 5%-10% invested per trade will return 75%-200% per month. The system is quite finely tuned to match the 30 minute charts on the eur/usd and this really is the only time or currency pair I exchange. 5%-10% a transaction, statistically speaking, should keep your drawdown's under 7%, sometimes even 5%.

I will acknowledge I have only forward tested this system over the past week but I have back tested it extensively, and it is the 36th variation of an idea I've been meticulously working since the summertime. My point is that this is not a system I came up with recently.


I'd like to start posting trades here since the toughest part for me would be to NOT CHECK MY COMPUTER EVERY FIVE MINUTER after placing a transaction. I want to learn how to place a transaction and then forget about it. If I post the transactions here then there's no purpose to keep checking it, since I am sticking to the system, and that I only do transactions that I plan on posting here, and I am not planning to post random, emotion based transactions on this forum.

And maybe I can offer hope to some new guys so that they'll understand that not only are you able to make some money in forex, you can make however much you want.
The only limitation is you.

Nicholas

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Originally Posted by ;

Okay, since I've upgraded my expert advisor so much I will start over in the commerce count.

Also with each trade I enter two orders. Each for exactly the amount of risk. One goes for the whole trend or untill stopped out and another has a take profit of 15 pips. Adding this take profit doubles my return whithout raising my drawdown. This is one of my new additions to my system together with my parabolic stop. I will not bother with posting each time that the take profit gets hit, I will just post if it does not, which ought to happen just once about every 10 trades.

Trade #1
Sunday, December 3rd, 2006 @ 11:45 PM ET
SELL EUR/USD @1.3319

Trade #2
Sunday, December 3rd, 2006 @ 11:45 PM ET
SELL EUR/USD @1.3319
TakeProfit @ 1.3304

Close EUR/USD Trade #1
Monday, December 4th, 2006 @ 11:30 AM ET
- 12 pips

Close EUR/USD Trade #2
Monday, Decmber 4th, 2006 @ 3:02 AM ET
15 Pips

Total= 3 Pips

Thanking you for opening a thread devoted to unrevealing the holy grail.
You have to have done a fantastic job having upgrading your system more than 30 times!
But I wasn't able to track down any download document to describe what your system is.
So I keep my fingers crossed waiting for upgrades

What an interesting thread! As I also were burned off by the HYIP market, I began to exchange forex rather! And I will say that this was the most interesting 6 month in my life... What sort of system do you use?
Good luck!

Originally Posted by ;

Needless to say, I wish you all the luck Nicholas. What sort of a system are you devised? I'm not aware of any platform that has ever returned the profits you are hoping to make with your system. It would be very fine for you in case it will.

I understand your difficulty with seeing a trade continuously. It's a difficulty which I also have to deal with. I will be seeing your outcome and hope you could reveal the rest of us the way.

You say that you simply use the one pair. Is that because you merely have never tested your system on additional pairs? Or is there anything about your own body or pair that makes it improbable to work with any additional pair?

Incidentally, how did you come up with the name?

Thanks for your service. My system is very simple. You buy when a particular osma is over 0 and another osma is signaling an upward trend and sell as it's below and also an downward trend is indied. The devil is in the settings and understanding that the relationship between what an osma indior is showing you and the price.

I'm using the eur/usd because it is a very stable currency pair and I use the 30 minute chart because after lots of studying I realized to fully take advantage of each daily move of the eur/usd, you have to be on the 30 minutes. Hourly bars get you in and out to latenight.

And also the name came from the simple fact that whenever I visit osma, I believe Osama. Lol, it is more chy and intriguing also.

Originally Posted by ;

Along with the name came from the simple fact that whenever I see osma, I think Osama. Lol, it's more chy and intriguing also.

Good luck and keep us updated! And hopefully osama doesnt blow off your account, jk

Good luck on your journey to financial freedom nick! I'm 18 years old currently and via alot of reading I've come up with my own mixture of fundamental logic and techical analysis to put up trades. I'm loving every minute I have with all the market. =)

Originally Posted by ;

I believe I have established a mechanical system that with 5%-10% invested per trade will yield 75%-200% a month.
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You should call your system'The Holy Grail'....

Good luck!

Originally Posted by ;

You should call your machine'The Holy Grail'....

Good luck!

I want to see proof of this system with real transactions with real numbers if you don't mind sir nicholas

Originally Posted by ;

Good luck and keep us updated! And osama doesnt blow off your account, jk

HAHAHA!