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Trading with range bars ichimoku cloud & awesome oscillator

  • #3,261
  • Jul 9, 2018 8:41am Jul 9, 2018 8:41am
My GBPNZD update and other trades.GBPNZD retraced so much to my entry position.I didnt get out and waited for price to probably turn back up as i suspected the retracement could be due to profit taking.It turned and i added another position as it did.Total for the two positions was 55 pips.The pipsometer i have doesnt split the total.I decided to close them all because i feel what i earned is enough for the day and my brain is feeling tired since im also busy at work.

NOTE:SOME OF THE TRADES HAVE RETRACEMENTS THAT ARE TOO DEEP FOR THE SYSTEM THAT RP TEACHES HERE SO I CANNOT POST THE RANGE BARS OF THOSE TO AVOID CONFUSING OTHERS THATS WHY I JUST POST THE RESULTS ON HOURLY CHARTS BUT WHEN I TRADE A CLEAN RANGE BAR CHART RP STYLE I WILL POST.
The entries are RP style as well as the final exit but in between i sometimes ignore retracements because my mind is on the big trend.
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  • #3,262
  • Jul 9, 2018 9:48am Jul 9, 2018 9:48am
I need some helps... T T

1. I read and saw many trading chart screenshots (Especially Rocky and ichikuse), but still I don't know a clear entry point. (+ What is a clear resistence point for entry?)
2. And, you guys no more trading with new style(using ADX, RSI) ? Is it bad??
3. What is SL and TP point for ur trading??

Plz tell me...T.T

Sorry about my bad English.
  • #3,263
  • Jul 9, 2018 10:08am Jul 9, 2018 10:08am
Quoting Edmund.J
I need some helps... T T 1. I read and saw many trading chart screenshots (Especially Rocky and ichikuse), but still I don't know a clear entry point. (+ What is a clear resistence point for entry?) 2. And, you guys no more trading with new style(using ADX, RSI) ? Is it bad?? 3. What is SL and TP point for ur trading?? Plz tell me...T.T Sorry about my bad English.
@Edmund and everyone please lets not mention a preference for people's charts.There are plenty of nice charts on this trade.Thank you for mentioning me but its better to ask an open question to everyone or to Rocky the thread starter who has influenced me a lot and taught us so much.Lets all be involved.I learnt a lot from traders on this page...too many to mention and im a baby when it comes to trading anyway.I started last year.

Anyway @ Edmund i wanted to help answer you but im going home now..i will be able to do so later...
  • #3,264
  • Jul 9, 2018 11:13am Jul 9, 2018 11:13am
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  • #3,265
  • Jul 9, 2018 1:15pm Jul 9, 2018 1:15pm
Well E/J only got me a handful of pips today, and only then because I stayed at the screen beyond 11 am UK time. The action was on the GBP pairs methinks ? As I am testing I will stick with E/J until confident then add a couple of pairs. Well done Rocky and thanks for your inspirational posts and CLTraders wisdom and advice. And all who contribute here.
every Saint has a past. Every Sinner has a Future
  • #3,266
  • Edited Jul 10, 2018 12:17am Jul 9, 2018 2:39pm | Edited Jul 10, 2018 12:17am
Quoting Edmund.J
I need some helps... T T 1. I read and saw many trading chart screenshots (Especially Rocky and ichikuse), but still I don't know a clear entry point. (+ What is a clear resistence point for entry?) 2. And, you guys no more trading with new style(using ADX, RSI) ? Is it bad?? 3. What is SL and TP point for ur trading?? Plz tell me...T.T Sorry about my bad English.
Hi.Stop loss you can choose the one that suits you.RP's is 20 pips if my memory is correct and he can get out before it is hit depending on the conditions.Mine is 20 to 30 pips and i can also get out early depending on the situation.
RP has more than one system and probably trades rsi, adx etc but he was showing us those systems to deal with low liquidity.He doesnt post them because he wants to keep this thread a range bar thread with the AO as it started.People could still be trading the systems but are just not posting...
If you go through the thread from start you can see the areas of support and resistance clearly defined.I have posted RP's chats here with explanations on support and resistance.I hope it helps.My humble 0 cents worth.
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  • #3,267
  • Jul 9, 2018 2:42pm Jul 9, 2018 2:42pm
Quoting rockypoint
{image}{image}
Welcome back and wonderful trades!!!!!
  • #3,268
  • Jul 9, 2018 8:16pm Jul 9, 2018 8:16pm
Quoting ichikuse
{quote} Hi.Stop loss you can choose the one that suits you.RP's is 20 pips if my memory is correct and he can get out before it is hit depending on the conditions.Mine is 20 to 30 pips and i can also get out early depending on the situation. RP has more than one system and probably trades rsi, adx etc but he was showing us those systems to deal with low liquidity.He doesnt post them because he wants to keep this thread a range bar thread with the AO as it started.People could still be trading the systems but are just not posting... If you go through...
Thank you so much! I'm gonna try it!
  • #3,269
  • Jul 10, 2018 12:37am Jul 10, 2018 12:37am
nice recap Ichikuse, thank you

greetings
  • #3,270
  • Jul 10, 2018 3:10am Jul 10, 2018 3:10am
I just closed my positions now.
Is that right??
My Close EA : Target: 20.0pips, Lock 21.0pips (Mean that when it profit pips comes 21.0, SL move to 20.0 pips profit point.)
Then, TS every each 10.0 pips is followed.
So in this case, all of the positions took the profits 20.0 each.

I would like to ask, are my opening position timings right??

Anyway, thank you Rocky for ur sharing a good trading method
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  • #3,271
  • Edited 4:32am Jul 10, 2018 4:00am | Edited 4:32am
do you still use CSI from trading edge ? or indi from FerruFX for strength picture ?

greetings
  • #3,272
  • Jul 11, 2018 3:30am Jul 11, 2018 3:30am
Quoting Edmund.J
I just closed my positions now. Is that right?? My Close EA : Target: 20.0pips, Lock 21.0pips (Mean that when it profit pips comes 21.0, SL move to 20.0 pips profit point.) Then, TS every each 10.0 pips is followed. So in this case, all of the positions took the profits 20.0 each. I would like to ask, are my opening position timings right?? Anyway, thank you Rocky for ur sharing a good trading method {image} {image}
HI.I re-posted your charts with some comments.
It seems you are not using the awesome oscillator.If you are not please do.It helps with timing trades and managing them and watching things like divergence etc.
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  • #3,273
  • Jul 11, 2018 3:36am Jul 11, 2018 3:36am
Quoting Edmund.J
I just closed my positions now. Is that right?? My Close EA : Target: 20.0pips, Lock 21.0pips (Mean that when it profit pips comes 21.0, SL move to 20.0 pips profit point.) Then, TS every each 10.0 pips is followed. So in this case, all of the positions took the profits 20.0 each. I would like to ask, are my opening position timings right?? Anyway, thank you Rocky for ur sharing a good trading method {image} {image}
I have added another comment on the other chart
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  • #3,274
  • Jul 11, 2018 5:01am Jul 11, 2018 5:01am
Quoting ichikuse
{quote} I have added another comment on the other chart {image}
Thank you for all your comments!
What do you see from Awesome Oscillator?? Divergence? more informations??

Anyway, thank you again for ur feedback!
  • #3,275
  • Jul 11, 2018 5:08am Jul 11, 2018 5:08am
Today, I treded once. But touched my SL 20.0 pips.
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  • #3,276
  • Jul 11, 2018 8:42am Jul 11, 2018 8:42am
Quoting Edmund.J
Today, I treded once. But touched my SL 20.0 pips. {image}
Why the AO is important...and those are not all the reasons...revisit whole thread from the start.
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  • #3,277
  • Jul 11, 2018 9:57am Jul 11, 2018 9:57am
Quoting ichikuse
{quote} Why the AO is important...and those are not all the reasons...revisit whole thread from the start. {image}
Thank you
Yes, sir. I'm gonna re-read whole thread
  • #3,278
  • Jul 11, 2018 10:36am Jul 11, 2018 10:36am
Hi guys,
I'm just trying to understand this method clearly. (Now, I'm reading whold thread.)
Now I just saw this chart. Then, I was just worndering about this.
If new member see this thread, please don't follw. I'm newbie too. I'm also not gonna make it.

What do you think about this chart, guys?
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  • #3,279
  • Jul 11, 2018 1:09pm Jul 11, 2018 1:09pm
You just have to love it when this happens.

I have been trying to get into an hourly trade and the stars aligned. My problem now is when to get out.

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  • #3,280
  • Jul 11, 2018 2:45pm Jul 11, 2018 2:45pm
Quoting Wab
You just have to love it when this happens. I have been trying to get into an hourly trade and the stars aligned. My problem now is when to get out. {image}
Well done.Getting out always an issue.Maybe use h1/h4 swing highs/lows or m15 heiken ashi...i like m15 heiken ashi a lot..
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