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CCFp weekly signals (set and forget basket trading)

  • #10,121
  • Aug 2, 2017 6:13am Aug 2, 2017 6:13am
Anyway, regarding the monthly basket. I have it on and wonder how much DD you guys recommend before stepping out? Lots of talk about balls of steel here. :-)

So seriously.. I have 3000 pips minus at the moment on my demo..
  • #10,122
  • Aug 2, 2017 6:58am Aug 2, 2017 6:58am
Quoting bubincka
{quote} Hi Forex1960, here you can find FxMadness templates for Tokio & London : https://www.forexfactory.com/showthr...4#post10108254 And here last version of its indicator : https://www.forexfactory.com/showthr...2#post10139492 Finally, for Embry1 setup, in regular CCFp put Timeframe=60, True/True, MA settings 1 for Fast and 2 for Slow, remember to filter out pairs not impacted by the incoming red news, and on xmess7's EA set the TradingMode to daily and the open 1 minute after the news release....



thank you
  • #10,123
  • Aug 2, 2017 7:10am Aug 2, 2017 7:10am
Quoting FxMadness
I am pumping out profitable baskets since Monday and i am just testing two baskets with different setups against each other. That means that i do not even really care when i start a basket or that the TP and locks are set correctly. Short term (daily) managed baskets are the word for August. {image}
Which setting are you using with this success? I'm testing trade for every hours with the attached setting.
Starting at GMT00.00 end up in loss for 3 consecutive days, but basket opened after GMT1400 seems to get better profit.

BTW, I want to report bug in the lastest beta version; stop loss did not work, please see the attached image
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  • #10,124
  • Aug 2, 2017 7:22am Aug 2, 2017 7:22am
Quoting bmcgowra
Anyway, regarding the monthly basket. I have it on and wonder how much DD you guys recommend before stepping out? Lots of talk about balls of steel here. :-) So seriously.. I have 3000 pips minus at the moment on my demo..

Current monthly DD is -4300
#moneyteam - on a million dollar mission. Don't tell me I can't - I can
  • #10,125
  • Aug 2, 2017 7:23am Aug 2, 2017 7:23am
Quoting Preecha
{quote} Which setting are you using with this success? I'm testing trade for every hours with the attached setting. Starting at GMT00.00 end up in loss for 3 consecutive days, but basket opened after GMT1400 seems to get better profit. BTW, I want to report bug in the lastest beta version; stop loss did not work, please see the attached image {image}
Try changing your settings to false/false and eliminating correlations at 0 and under ea do not allow duplicates and no reverse trades.
Worked opposite to you for the last 2 days,all profits @9gmt & and NY open..jury still out on todays though but we are working through red usd news as we speak.
  • #10,126
  • Aug 2, 2017 7:30am Aug 2, 2017 7:30am
Quoting Li0n21
{quote} Current monthly DD is -4300
Same here.
Max DD at -7475.
Not to bad. We are 3000+ over that!!! I am a eternal optimist
  • #10,127
  • Aug 2, 2017 7:33am Aug 2, 2017 7:33am
Quoting Thedenus
{quote} Same here. Max DD at -7475. Not to bad. We are 3000+ over that!!! I am a eternal optimist
Hold it through bud.. it will begin to pick up.
#moneyteam - on a million dollar mission. Don't tell me I can't - I can
  • #10,128
  • Aug 2, 2017 7:44am Aug 2, 2017 7:44am
Seems like the optimal time to open the monthly basket was around 14:00 GMT yesterday, or even later. Anyone who opened earlier than that definitely caught a bad pullback and the NZD news went the wrong way. GBP news was solid, traded both GBP news from today and yesterday on live for some nice pips. Get rich on news folks! Here is an update on one of my monthly baskets and today's GBP profit.
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  • #10,129
  • Aug 2, 2017 7:47am Aug 2, 2017 7:47am
i am opened monthy ccf....
not good yet
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joing my trading discuss group.i am make u rich
  • #10,130
  • Aug 2, 2017 8:09am Aug 2, 2017 8:09am
I am planing to run some experiments. Does anyone know of a good indicator that can run, and show, multiple currencies in a single graph. Pointing me to the right thread would be appriciated too.

Thanks
  • #10,131
  • Aug 2, 2017 8:12am Aug 2, 2017 8:12am
It is so normal that in August the market is bad, as Forex is made up but by people and people have minds
and minds need REST so they go on holidayssss. in August and there is low volume_
If the Monthly or the weekly is kept open until next Monday things might improve or not_ This of course depends on many factors and orders being placed by the big fishes_
Since the mid-1990s, August has produced the worst average monthly performance on Wall Street, as measured by the S&P 500. And also September is the only month of the year in which the Standard & Poor's 500 index has fallen more often than it has risen in the post-World War II era.
In August is only worth opening baskets with low TP, small targets
or In August is only worth playing the Ccfp Manually for a better control
Reversing it all ? I dont know if good idea, as things might change suddenly
Forgetting about the set and forget for this month it is a wise idea, unless know how to control risk
Would things get better after the 2oth August ? Maybe or maybe not, depending on which of the Institutional came back from their Hols and from those who will go after the 20th_
Here some more words about August _
Is August the most difficult trading month?
https://www.forexfactory.com/showthread.php?p=5961505
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The arriving better than the arrival, the journey has just started
  • #10,132
  • Aug 2, 2017 8:13am Aug 2, 2017 8:13am
Current DD on monthly baskets is hovering around the -3000 mark, but max DD went to -4400. I'm testing a FXM monthly set up with 12 baskets using the CCFp + Strength and EQB filter in different combinations. It has definitely reduced the DD compared to other monthly baskets I've seen.
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Truth is like poetry. And most people f*cking hate poetry.
  • #10,133
  • Aug 2, 2017 8:30am Aug 2, 2017 8:30am
GBP and USD news...
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  • #10,134
  • Aug 2, 2017 8:34am Aug 2, 2017 8:34am
Quoting CrisW
{quote} Patience, monthly is about to turn.
Patience?.. yes.. doesnt bother me... I can trade any time frame and profit im good every which way.

Just saying that it is correct because Hedgefunds are on holiday come Aug.

Unlessss the bottom falls out of the market mid month like some are saying but we shall see
  • #10,135
  • Aug 2, 2017 8:36am Aug 2, 2017 8:36am
You guys who are using this for news trading, do you set a stop time, or do you only set it to trade 1 min. after the news realease?
  • #10,136
  • Aug 2, 2017 8:39am Aug 2, 2017 8:39am
Quoting bazze
You guys who are using this for news trading, do you set a stop time, or do you only set it to trade 1 min. after the news realease?
Just a TP and SL. Only other reason to stop a basket is if something unexpected is released and to manually close it.
  • #10,137
  • Aug 2, 2017 8:41am Aug 2, 2017 8:41am
Quoting Embry1
{quote} Just a TP and SL. Only other reason to stop a basket is if something unexpected is released and to manually close it.
Thank you...
  • #10,138
  • Aug 2, 2017 9:20am Aug 2, 2017 9:20am
Quoting Embry1
{quote} Just a TP and SL. Only other reason to stop a basket is if something unexpected is released and to manually close it.
Will you be trading the OIL inventories today?
Truth is like poetry. And most people f*cking hate poetry.
  • #10,139
  • Aug 2, 2017 9:40am Aug 2, 2017 9:40am
Quoting mrdfx
{quote} Will you be trading the OIL inventories today?
I probably shouldn't have, I did open a basket but this kinda breaks my rules as far as after 13:00 GMT and we already had USD news this morning. We are probably about to see why I have these rules lol.
  • #10,140
  • Aug 2, 2017 9:51am Aug 2, 2017 9:51am
Quoting Erebus
{quote} Never mind the room to breathe, better learn to walk before you do the marathon Beginners take note, don't go for the greedy pips The market is a bad guy, not me
Exactly Erebus, greed and fear = the 2 worst enemy's of any fx trader ............. and I see a lot of greed on this thread. RR out thrown out of the window.
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