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Trading with range bars ichimoku cloud & awesome oscillator

  • #3,021
  • May 10, 2018 1:44am May 10, 2018 1:44am
Quoting Intrepidpips
{quote} Yes the greatest edge a trader can have is the psychological, followed by a system s/he can believe in. This System crafted by Rockypoint is GREAT in finding entries and exits, but the missing link here is choice of instrument or currency pair to trade. When that has been thoroughly grasped, you can't fail with this system, so the question is (with the risk of sounding like a free loader) who can say they have mastered that part of this system?, who can show others that essential part? I have severally tweaked the entries and found it's...
I agree that the system works even better with greater volatility.I use the mataf website where i check the most volatile pairs in general.I do look at other pairs but its a must for me to look at the top 12 pairs as a priority.They usually move well.The other pairs are further down(not in this screenshot).The link for the website should anyone need it is https://www.mataf.net/en/forex/tools/volatility
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  • #3,022
  • May 10, 2018 2:28am May 10, 2018 2:28am
Quoting ichikuse
{quote} I agree that the system works even better with greater volatility.I use the mataf website where i check the most volatile pairs in general.I do look at other pairs but its a must for me to look at the top 12 pairs as a priority.They usually move well.The other pairs are further down(not in this screenshot).The link for the website should anyone need it is https://www.mataf.net/en/forex/tools/volatility {image}
I also use the currencu strenght meter from this website, in combo with the other strenght meter i decide to chose the pairs to trade, but still working on that
  • #3,023
  • May 10, 2018 2:35am May 10, 2018 2:35am
Quoting ichikuse
{quote} I agree that the system works even better with greater volatility.I use the mataf website where i check the most volatile pairs in general.I do look at other pairs but its a must for me to look at the top 12 pairs as a priority.They usually move well.The other pairs are further down(not in this screenshot).The link for the website should anyone need it is https://www.mataf.net/en/forex/tools/volatility {image}
thank you for good information
  • #3,024
  • May 10, 2018 3:30am May 10, 2018 3:30am
33 pips on USDCAD.CAD might carry on assaulting other pairs because of the crude oil price rally...If only i had looked at higher adr pairs like gbpcad which fell 100 plus pips....lesson learnt and happy to get some pips...
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  • #3,025
  • May 11, 2018 5:04am May 11, 2018 5:04am
Good morning,afternoon/night...Made 38 pips on gold.Gold had closed above the 100 ema/sma on 4h charts so my bias was to look for longs only...
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  • #3,026
  • May 14, 2018 4:19am May 14, 2018 4:19am
Good day.GBPJPY long made 31 pips and CADJPY long made 14 pips.
Was a bit late to enter GBP trade but i decided to because price would still be far from my 20 pip SL
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  • #3,027
  • May 14, 2018 8:48am May 14, 2018 8:48am
Quoting ichikuse
Good day.GBPJPY long made 31 pips and CADJPY long made 14 pips. Was a bit late to enter GBP trade but i decided to because price would still be far from my 20 pip SL {image} {image}
Are you still using the powerindi or those pairs with better volatility
  • #3,028
  • May 14, 2018 9:51am May 14, 2018 9:51am
Quoting civilpes2001
{quote} Are you still using the powerindi or those pairs with better volatility
My priority is always the volatility pairs the GBP,Euro pairs and gold and i look at them always to know whats happening.GBPJPY made a higher low last week on 10 May so i was bullish on it.The move started today in asia.So i just took the trade at London open.To be honest, i very rarely use the power indi.As RP says we can use the system to suit individual styles.My trades are now generated from 1h/4H charts.I probably only ever used the power indi less than 4 times maybe but i would love to use it often.

That was a long explanation lol.In short i didnt use the indi today.
  • #3,029
  • May 15, 2018 7:01am May 15, 2018 7:01am
E/J eventually triggered a trade:
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every Saint has a past. Every Sinner has a Future
  • #3,030
  • May 15, 2018 8:06am May 15, 2018 8:06am
Quoting ichikuse
{quote} I agree that the system works even better with greater volatility.I use the mataf website where i check the most volatile pairs in general.I do look at other pairs but its a must for me to look at the top 12 pairs as a priority.They usually move well.The other pairs are further down(not in this screenshot).The link for the website should anyone need it is https://www.mataf.net/en/forex/tools/volatility {image}
Please what setting did you use to get the most volatile at the top?
Read in between the price!!!
  • #3,031
  • May 15, 2018 8:33am May 15, 2018 8:33am
Quoting CLTrader
I understand this is a Forex trading website so I don't mention this very often, but this system also works GREAT on the U.S. futures markets. The 5 tick range charts of the YM (Dow e-mini), NQ (Nasdaq e-mini), RTY (Russell 2K e-mini) and CL (WTI Crude) give you more opportunities per morning (Eastern Standard Time) with this method than you could possibly take manually. The volatility is always there among these 4 instruments so no need for hunting. Don't worry so much about high winning pcts. All you need to grow wealth at a sufficient rate is...
Hey mate, why are you specific on E-mini won't it work on standard futures contract? Like Russel 2000, US 30
Read in between the price!!!
  • #3,032
  • May 15, 2018 8:45am May 15, 2018 8:45am
For me only 1 trade today! eur/usd still running +69 pips for now. this will be my only one for today! how you guys doing?
  • #3,033
  • May 15, 2018 9:12am May 15, 2018 9:12am
Quoting Patje
For me only 1 trade today! eur/usd still running +69 pips for now. this will be my only one for today! how you guys doing?
Awesome!! I missed the fall.Well done.
  • #3,034
  • May 15, 2018 12:09pm May 15, 2018 12:09pm
Quoting calebfx
{quote} Hey mate, why are you specific on E-mini won't it work on standard futures contract? Like Russel 2000, US 30
Volatility and liquidity (1 tick spreads). More opportunities over a 3 hour morning session (EST). At times, natural gas and gold are good but they don't have a day-to-day consistent level of volatility. When something works well, I go for more repetitions at smaller size (I define 5 contracts as my max small position) rather than larger size with fewer opportunities.

I don't have to scan anything. Just show up every morning and I'm virtually guaranteed at least one of 3 e-minis or crude (CL) is going to move very well.

[Day traders in the U.S. don't touch the full-size futures contracts of the major indices. The trading action / liquidity is in the e-mini contracts.].
  • #3,035
  • May 15, 2018 1:03pm May 15, 2018 1:03pm
Quoting CLTrader
{quote} Volatility and liquidity (1 tick spreads). More opportunities over a 3 hour morning session (EST). At times, natural gas and gold are good but they don't have a day-to-day consistent level of volatility. When something works well, I go for more repetitions at smaller size (I define 5 contracts as my max small position) rather than larger size with fewer opportunities. I don't have to scan anything. Just show up every morning and I'm virtually guaranteed at least one of 3 e-minis or crude (CL) is going to move very well. [Day traders in the...
Sounds interesting....wich platform and broker u use for this?
  • #3,036
  • May 15, 2018 2:25pm May 15, 2018 2:25pm
Quoting calebfx
{quote} Please what setting did you use to get the most volatile at the top?
After generating results Just click where it says “pips” next to “trend”.When you click it it will put most volatile on top and when you click again it will put least volatile on top.

In case you’ don’t know,you can also change the volatility period to two weeks,3 weeks etc
  • #3,037
  • May 15, 2018 2:36pm May 15, 2018 2:36pm
Haven't posted for a while but here are a couple of trades I took this morning.

Before you ask the Stop value shown on the charts is a real-time reading of the distance between the latest price of the current bar and the Kijun-Sen line.
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  • #3,038
  • May 16, 2018 7:03am May 16, 2018 7:03am
Another trade on Eur/Usd today The continuation ! scored + 50 pips profit for now. looking for a CT or a continuation and if it's not, my day is good ....:0
  • #3,039
  • May 16, 2018 8:34am May 16, 2018 8:34am
My trades today and im done for the day.On all charts the GBP crosses were in a pullback and they just offloaded right at the us open.
I entered GBPCAD before CAD news because AO went negative just before the CAD news so i tightened my SL to about 7 pips.(Tightening before news-a technique i learnt from RP) and fortunately the news supported my direction.GBPCAD had just failed to breach the FIB weekly pivot so i was very bearish on GBPCAD and the news accelerated the decline.
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  • #3,040
  • May 16, 2018 8:56am May 16, 2018 8:56am
Quoting ichikuse
{quote} After generating results Just click where it says “pips” next to “trend”.When you click it it will put most volatile on top and when you click again it will put least volatile on top. In case you’ don’t know,you can also change the volatility period to two weeks,3 weeks etc
Thanks a lot mate.
Read in between the price!!!
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