And if anyone likes to trade momentum, check out this post/topic where I modified the indicator to use it the way CCT trades momentum.
http://www.forexfactory.com/showthre...07#post7611307
http://www.forexfactory.com/showthre...07#post7611307
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Disliked{quote} Nice one Eric. Whats the story with the TBs and Es on your chart ? Zero trades for me today. Broker technical problems gave me a "no connection" every 5 minutes during the first two hours of the London session. Hopefully better luck tomorrow. LuXingIgnored
DislikedFirst trade today... EU to 5.3 manual close {image} It would have gone to my tp of 7, but before the trade i had already decided that if price stalled a bit before the R1 line i would close it for profit. AsmodaiIgnored
DislikedHere my trades from this morning. One comment: I do of course realize that with my broker the spread for some pairs is ridiculously high for this approach, but for first steps on demo... I traded with TP=5 and SL=10 and tried to stick 100% to Udine's rules. Only exception is number of trades. I did not stop after 2 winning trades or so for training purposes. Trade #1: EURUSD to TP Trade #2: EURJPY to TP Trade #3+4: GBPJPY to TP and a second to SL Trade #5+6: GBPUSD to TP (both) Trade #7+8: USDCAD to SL (both) Any comments on these trades would be...Ignored
Disliked{quote} Wellcome to the thread. Are you using the rules of entry from the first page? Some of the trades really dont make much sense to me, like the second GJ trade. Most of us use some form of the rules Udine posted on post 28362. AsmodaiIgnored
Disliked{quote} Wow... thanks for the very quick response Even though I have seen the post you are referring to before, I was trying to stick to Udine's rules from page 1. For some reason they appeared to be clearer to me. Or are you saying these rule are obsolete and the system needed these changes to still work? I agree with your comment on the second GJ trade. Same may apply to the second GU trade, even I have been lucky there. I think the better entry may have been on the first M15 bar within this H1 bar. But the following 2 rules from post 1 are...Ignored
DislikedEURUSD (M15) +14.3pip. Trade Ideas: 1. Sync in pair. 2. Strength. 3. 5ema trigger. 4. Momentum. Cheers, Yomi. {image}Ignored
Disliked{quote} If your using the rules on page 1 its better if you enter only at the start of each hour. If you look at my recent trades, they are all at the start of the hour. But i enter at .50 and .100 levels The best example of this are trades from Mastermind. AsmodaiIgnored
Disliked@Udine I see from your Twiiter feed that you placed two buys and a Sell? Is that correct? If so, then the rules doesn't make sense as you say 1H and D should be in same direction and it won't within 1-2 hours? First up and then both down? And I also see two lttle triangle arrows. Do they show trend change? I don't recall seeing that mentioned in the thread unless I missed it?Ignored