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Catch catching long term trend trades 1 reply

Pimp your charts 39 replies

Pimp my indicator... 3 replies

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Catching The Pimp's Trend

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  • Post# 41
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  • Dec 10, 2012 12:43am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
Quoting omadivi
closed GJ trades...[sell-all-rallies mode]

uj macd crossing down on the dailies...green pips
Opened a GJ sell@ 132.33 about an hour after market open,closed half at 132.03, other half set to BE+3.
Looking for more shorting opportunities if it heads higher. Macd cross confirmed on UJ daily,expecting a major yen move soon.
Still watching for 130.53
  • Post# 42
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  • Dec 10, 2012 5:27am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
Quoting omadivi
Opened a GJ sell@ 132.33 about an hour after market open,closed half at 132.03, other half set to BE+3.
Looking for more shorting opportunities if it heads higher. Macd cross confirmed on UJ daily,expecting a major yen move soon.
Still watching for 130.53
closed sell@ 131.80...still looking for shorts
  • Post# 43
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  • Dec 10, 2012 7:29am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
Quoting omadivi
closed sell@ 131.80...still looking for shorts
short@131.95...SL 132.55
sell limit@ 132.20...same SL....TP:130.55
  • Post# 44
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  • Dec 10, 2012 11:44am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
Quoting omadivi
short@131.95...SL 132.55
sell limit@ 132.20...same SL....TP:130.55
The bulls are not dead yet!!
Added shorts @132.30 and .40..adjusted SL@132.60
The pair seems to be caught in a range,but has been making LHs on H4 chart, and registered a recent low today..gonna wait and see how the asian market reacts,assuming the SL isn't hit.
  • Post# 45
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  • Jan 20, 2013 2:09am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
Hello folks…A happy profitable 2013 to you. The holiday season is essentially over. Einstein advised to make everything as simple as possible but not simpler. I looked at my screen charts, and there are a lot of colors and lines all over the place. I found an MTF CCI indicator that seriously cleans up the chart and still presents viable signals that coincide with the strategy entry signals. As a matter of fact, the cci indicator gives early entries, of cos not all signals are valid…and a ranging market will totally get your knickers in a twist…


My recommendation, 5% SL…above or below swing high/low……or above/below consolidation areas.
SL to BE @ +35pips, and take half off the table. TP is at your discretion..
Taking out all the MAs, on H1 we buy once the cci is blue above zero, and sell when the cci is red below zero.


Please note that the indicator takes cci readings off multiple TFs…The MA running through the cci indicator is a 20ema…happy piping..i will post my trades and possible screen shots as they occur…I think this approach is relatively……simpler. Is it profitable??..
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  • Post# 46
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  • Jan 21, 2013 1:30am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
EU giving a sell signal..but i'm not considering it yet...macd is giving an opposite signal.
the USD index also looks like its losing some steam....got my eyes on the GU for a possible buy...the way i see it, if we are having a weak USD today, the best pair to buy would be the GU...if we have a strong USD, the best pair to sell would be the EU...lets see how the hour closes...
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  • Post# 47
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  • Jan 22, 2013 12:12am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
EU buy signal....SL@ 1.3290...
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  • Post# 48
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  • Jan 22, 2013 5:29am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
Quoting omadivi
EU buy signal....SL@ 1.3290...
SL got hit...waiting for the dust to settle....
  • Post# 49
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  • Jan 22, 2013 7:29am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
GU buy signal...SL@1.5817
  • Post# 50
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  • Jan 23, 2013 7:20am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
buy signal on GU...closed previous buy @ +3pips....
basically,i've been buying dips....current buy@ 1.5853...SL@ 1.5830
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  • Post# 51
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  • Jan 23, 2013 9:08am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
Quoting omadivi
buy signal on GU...closed previous buy @ +3pips....
basically,i've been buying dips....current buy@ 1.5853...SL@ 1.5830
closed trades @1.5874 and 1.5876....PA currently at resistance...will watch for a possible dip....Even with an upward breakout, i doubt it will go up much...watch to see how the daily closes....the EG pair has kept the EU down, thats my reason for ignoring the EU...happy piping..
  • Post# 52
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  • Last Post: Jan 29, 2013 3:19am
  • omadivi
    Joined Sep 2010 | 489 Posts | Status: Inside Trader..
sell signal on usdcad SL@1.020

the usd is showing signs of weakness,

also watching the GU for a possible move up...
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