(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO | Page 24 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CCfp-Diff Strategy Entries, filtering, low DD, exits, etc 104 replies

Geko/GiG CCfp-Diff Dashboard 114 replies

CCfp-Diff LIVE Account Trading Journal 50 replies

CCFp or relative strength confusion 5 replies

Why the need for side scroll. w/ diff. time per. 1 reply

Attachments: (binned per thread starter's request) CCFp-Diff ... Low Risk FIFO
Exit Attachments

(binned per thread starter's request) CCFp-Diff ... Low Risk FIFO

  • #461
  • Aug 21, 2017 8:42am Aug 21, 2017 8:42am
Quoting Embry1
{quote} If it keeps that up we'll have to add it to the day. 3 baskets a day would be excellent.
Yes ..I think there is à say that goes like this ...
3 trades à day keep the doctor away
Haaaaaaaaa
Alex
  • #462
  • Aug 21, 2017 8:50am Aug 21, 2017 8:50am
Quoting agagukalex
HI Embry set up on London Open stop loss been hit . 11 gmt been triggered we will see what happen Alex ADDITION : i will change tp and sl for 600 pips and profit lock will be 250 (10%) Alex {image}
Have you tried shorter time frames instead of daily?
Everything in the universe is mathematical including fear and greed.
  • #463
  • Aug 21, 2017 8:56am Aug 21, 2017 8:56am
Quoting gettoefl
{quote} pretty much the same here ... 8 baskets mix of CCFP and Strength / Weekly and Daily ... gain max was ZERO in 6 of those 8, not one was a winner ... so reversals would have worked well today
Have you tested any baskets in shorter time frames, like for example 60min or 120 min after TO and LO?
Everything in the universe is mathematical including fear and greed.
  • #464
  • Aug 21, 2017 9:05am Aug 21, 2017 9:05am
Quoting Embry1
{quote} It's impossible to predict reverse days. You just have to accept that they do happen sometimes and to make sure you're green on all the other days lol.
What if you trade in 15min to 30min timeframe after TO and LO have been trading for couple of hours? Would that help to identify reversal days?
Everything in the universe is mathematical including fear and greed.
  • #465
  • Aug 21, 2017 9:16am Aug 21, 2017 9:16am
Quoting bae67
{quote} What if you trade in 15min to 30min timeframe after TO and LO have been trading for couple of hours? Would that help to identify reversal days?
I'm in the US so the only way I could identify it is to stay up to 2am which I may start doing. It's still very hard to identify a reversal at the open. Today the reversal didn't happen until 10:30ish GMT. It's very weird because last week my Monday TO was bad but then Monday LO was fantastic.
  • #466
  • Aug 21, 2017 9:16am Aug 21, 2017 9:16am
Quoting kbkm
{quote} mrdfx, can I ask what is that forex profit supreme meter on the left of your chart?
You can get it here, although with a different name:

https://www.forexfactory.com/showthread.php?p=8350176#post8350176

I got it yesterday so have not had the chance to test it yet, but I have heard that you cannot have too many relative strength indicator, they come handy some day.
Everything in the universe is mathematical including fear and greed.
  • #467
  • Aug 21, 2017 9:23am Aug 21, 2017 9:23am
Quoting Embry1
{quote} I'm in the US so the only way I could identify it is to stay up to 2am which I may start doing. It's still very hard to identify a reversal at the open. Today the reversal didn't happen until 10:30ish GMT. It's very weird because last week my Monday TO was bad but then Monday LO was fantastic.
I live in the US too, Seattle. For TO, it is OK for me as it starts at 5pm, LO opens at nightlight, so like you I have to stay up at least till 2am to give LO have enough data to trade it on 15min or 30min. This is what I have to do as cannot live on disability alone.
Everything in the universe is mathematical including fear and greed.
  • #468
  • Aug 21, 2017 9:26am Aug 21, 2017 9:26am
Quoting bae67
{quote} What if you trade in 15min to 30min timeframe after TO and LO have been trading for couple of hours? Would that help to identify reversal days?
Unless you analyze the each chart manually, wait until the suggested pairs in FXM display 10/-10 for buy or -10/10 which is quite rare in TF D1 below. In the FerruFx original CCFP indi trading level 11 means reverse all suggested pairs (maximum level 10).

Personally i do brief candle pattern check in most of suggested pairs in W1 to avoid huge loss. However I also notice that the time around TO,LO, and London Close is crucial moment for daily trend reversal/retracement.
  • #469
  • Edited 11:19am Aug 21, 2017 9:33am | Edited 11:19am
Quoting jakefirst89
{quote} Unless you analyze the each chart manually, wait until the suggested pairs in FXM display 10/-10 for buy or -10/10 which is quite rare in TF D1 below. In the FerruFx original CCFP indi trading level 11 means reverse all suggested pairs (maximum level 10). Personally i do brief candle pattern check in most of suggested pairs in W1 to avoid huge loss. However I also notice that the time around TO,LO, and London Close is crucial moment for daily trend reversal/retracement.
If you try to tarde in 15min to 30min timefarme, you need to use FXM 15 or FXM 30. You should never use FXM D1 to trade in such short time frames. By "below" did you mean there was a chart attached to your post?
Everything in the universe is mathematical including fear and greed.
  • #470
  • Aug 21, 2017 9:57am Aug 21, 2017 9:57am
Quoting Embry1
{quote} I'm in the US so the only way I could identify it is to stay up to 2am which I may start doing. It's still very hard to identify a reversal at the open. Today the reversal didn't happen until 10:30ish GMT. It's very weird because last week my Monday TO was bad but then Monday LO was fantastic.
its also the 4th week = end of month approaching, reversals last days not far away.

todays reversal surprised me since friday did not end on highs. one never knows mr market has his own mind.
  • #471
  • Aug 21, 2017 10:02am Aug 21, 2017 10:02am
Quoting bae67
{quote} If you try to tarde in 15min to 30min timefarme, yiu need to use FXM 15 or FXM 30. You should never use FXM D1 to trade in such short time frames. By "below" did you mean there was a chart attached to your post?
Nope, i mean smaller TF. Please excuse my English.
Finding reversal for such small TF is quite difficult. It can be happened just at the open or several hours after that. Accepting small losses will rewarded even bigger profits in the future.
  • #472
  • Aug 21, 2017 10:17am Aug 21, 2017 10:17am
Quoting reinerh
{quote} its also the 4th week = end of month approaching, reversals last days not far away. todays reversal surprised me since friday did not end on highs. one never knows mr market has his own mind.
Which "market" are you talking about ?
The "rigged one" most are trying to trade or the "real one" ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #473
  • Edited 10:32am Aug 21, 2017 10:20am | Edited 10:32am
Quoting bae67
{quote} Have you tried shorter time frames instead of daily?
Yes i am testing 2 different set ups ....
15M-5M
1H-15Mthe 1H-15M is great .. i whait for the new 1H candle
i refresh the indis and i aim for 15 pips
i did 5 in a row this morning
and same way to do with 15-5 and did 2 times in a row 10 pips
Alex

IN ADDITION I USE THE LOT FEATURE XM7
0.01/1000 IN ACCOUNT
  • #474
  • Aug 21, 2017 10:22am Aug 21, 2017 10:22am
Embry set up daily 11gmt result
went up and down this morning from around 200 to -110.... 3 times in a row so i closed it in profit at 100 pips
still it is monday
alex
I WILL DO IT AGAIN ALL WEEK
EMBRY TO-LO AND 11GMT
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-21_0921.png Size: 52 KB
  • #475
  • Aug 21, 2017 11:04am Aug 21, 2017 11:04am
Quoting agagukalex
Embry set up daily 11gmt result went up and down this morning from around 200 to -110.... 3 times in a row so i closed it in profit at 100 pips still it is monday alex I WILL DO IT AGAIN ALL WEEK EMBRY TO-LO AND 11GMT {image}
Run for a month, look at the stats and pick ONE AND TRADE WITH 0,04 LOT AGAIN ALL WEEK.
What you are showing now makes no sense, four same baskets.....
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #476
  • Aug 21, 2017 11:29am Aug 21, 2017 11:29am
Quoting FxMadness
{quote} Run for a month, look at the stats and pick ONE AND TRADE WITH 0,04 LOT AGAIN ALL WEEK. What you are showing now makes no sense, four same baskets.....
ok ... THAN I WILL TEST THE FIRST 2 THAT ARE SETTLED DIFFERENT ONLY TO SEE ..
ALEX
  • #477
  • Edited 11:43am Aug 21, 2017 11:30am | Edited 11:43am
Quoting jakefirst89
{quote} Nope, i mean smaller TF. Please excuse my English. Finding reversal for such small TF is quite difficult. It can be happened just at the open or several hours after that. Accepting small losses will rewarded even bigger profits in the future.
No need to apologize, this is an international forum with people from all over the world. The only reason we are using English is because it is the international language of buissenss.

To trade in 15min timeframe, if we give TO and LO about 2 hours, that is 8 bars of data. That should give us some data to try to trade in 15min timeframe. You can even try to trade in 5min timeframe. This way the two hours gives you 24 bars of data to work with. Trading in such short timeframes needs an offline chart giving you a pictorial representation of what is happening. Using the offline chart should give you an idea when to enter and exit a trade.

However, using D1, the indicator goes back to last week's trading days and uses them to predict today's (this week's) direction. If this week is the reversal week, then using last week's data will sure end up in losing trade.
Everything in the universe is mathematical including fear and greed.
  • #478
  • Aug 21, 2017 11:45am Aug 21, 2017 11:45am
Quoting FxMadness
{quote} Which "market" are you talking about ? The "rigged one" most are trying to trade or the "real one" ?
Is it like "internet" and "deep net"? How would you trade the "real" market?
Everything in the universe is mathematical including fear and greed.
  • #479
  • Aug 21, 2017 3:29pm Aug 21, 2017 3:29pm
Quoting bae67
{quote} Is it like "internet" and "deep net"? How would you trade the "real" market?
You start with at least with a 10,000,000 deposit with a broker which has a trading desk where you can place your orders and who keep you informed and you do not trade timeframes less than 1 month but think more in the direction like 3 or 6 months.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #480
  • Aug 21, 2017 4:32pm Aug 21, 2017 4:32pm
Quoting FxMadness
{quote} You start with at least with a 10,000,000 deposit with a broker which has a trading desk where you can place your orders and who keep you informed and you do not trade timeframes less than 1 month but think more in the direction like 3 or 6 months.
If I had $10,000,000.00 I would not be here. I am here to supplement my meager disability payment. I would be very happy If I can make $1,000 every months.
Everything in the universe is mathematical including fear and greed.
1 trader viewing now