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Trading with range bars ichimoku cloud & awesome oscillator

  • #4,041
  • Mar 14, 2019 7:37am Mar 14, 2019 7:37am
Quoting Patje
{quote} Hey T, today Dax was great for trading... Did you catched a trade.... I won't post my chart as it is a bit off from plane Rocky style but I use elements of the method... Hope you guys have a good trading day .. Cheers
Yes - a Short that was stopped out and a nice long.
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every Saint has a past. Every Sinner has a Future
  • #4,042
  • Mar 14, 2019 7:38am Mar 14, 2019 7:38am
Quoting turnip15
{quote} Yes - a Short that was stopped out and a nice long. {image}
Finished at 10 am as usual UK time
every Saint has a past. Every Sinner has a Future
  • #4,043
  • Mar 14, 2019 11:09am Mar 14, 2019 11:09am
Afternoon DOW
One stop out and a couple of small nibbles which is better than nothing
( Those big horizontals are 15 minute supports - thought I would try them out)

EDIT : On reflection, I think the 15 minute levels restrict trades?
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every Saint has a past. Every Sinner has a Future
  • #4,044
  • Mar 15, 2019 4:04am Mar 15, 2019 4:04am
Quoting turnip15
Afternoon DOW One stop out and a couple of small nibbles which is better than nothing ( Those big horizontals are 15 minute supports - thought I would try them out) EDIT : On reflection, I think the 15 minute levels restrict trades? {image}
What do you guys think ?

My last post here. Good luck people.
every Saint has a past. Every Sinner has a Future
  • #4,045
  • Mar 15, 2019 4:11am Mar 15, 2019 4:11am
Quoting turnip15
{quote} What do you guys think ? My last post here. Good luck people.
Hey T, I don't look too much at higher tf... Only for target .. 1 min gives me enough info about pa at the moment.... Your entry's looked good .... I only take the break if price closes close behind the break out line... If not I take the first opposite candle or a retrace towards a 10 Ema... This gives me a better risk reward .... Also watch reactions to YH or YL.... for example this morning a very nice short on the Dax when it rejected Yh zone.... Why your last post? I like them....
  • #4,046
  • Edited 8:28am Mar 15, 2019 8:17am | Edited 8:28am
Quoting turnip15
{quote} What do you guys think ? My last post here. Good luck people.
I do filter my trades on 15m chart with a 200 ema and i dont trade against the 200 ema on 15m just to try and increase probability in my favour.
You said its your last post.Not so fast !Are you retiring from trading?
  • #4,047
  • Mar 15, 2019 10:28am Mar 15, 2019 10:28am
Quoting ichikuse
{quote} I do filter my trades on 15m chart with a 200 ema and i dont trade against the 200 ema on 15m just to try and increase probability in my favour. You said its your last post.Not so fast !Are you retiring from trading?
Where have all the other posters gone - has Rocky abducted them ?

Not retiring -just waiting to see more participants post - if any.
every Saint has a past. Every Sinner has a Future
  • #4,048
  • Mar 15, 2019 9:50pm Mar 15, 2019 9:50pm
Hello, good people!

Trying to understand how to use the Awesome Oscillator (AO). I've noticed traders look at two things,

- convergence/divergence,
- crosses.

How else do you use it? Would appreciate hearing about your experience.
Buy low, sell high.
  • #4,049
  • Mar 16, 2019 2:40am Mar 16, 2019 2:40am
Dont go turnip = i am learning a lot from your posts.

I am in the middle of a move back to London and hence trading has taken a back step

I have opened an IG account as well - just cant find any UK brokers who use constant candles as a default - makes you think that the spreadbetting companies are against you
  • #4,050
  • Mar 17, 2019 9:39pm Mar 17, 2019 9:39pm
'Morning!

Found a few strategies using AO: zero-line crosses, "saucers", "twin peaks", and trendline cross. The last one can give a warning before a zero-line is crossed.

https://tradingsim.com/blog/awesome-oscillator/

Regards!
Buy low, sell high.
  • #4,051
  • Mar 19, 2019 12:47am Mar 19, 2019 12:47am
Quoting HappyMan
Hello, good people! Trying to understand how to use the Awesome Oscillator (AO). I've noticed traders look at two things, - convergence/divergence, - crosses. How else do you use it? Would appreciate hearing about your experience.
Hi i think the number one use is to determine bullishness or bearishness as measured by the crosses as you have said.Then there is divergence.

The color change could be useful to indicate sentiment change although i dont use it myself.Apart from these i dont know any other uses.
  • #4,052
  • Mar 19, 2019 12:51am Mar 19, 2019 12:51am
Quoting turnip15
{quote} Where have all the other posters gone - has Rocky abducted them ? Not retiring -just waiting to see more participants post - if any.
Great dont go! People are always posting but they are not putting their posts visually in writing
Just carry on posting because u like posting like me.I can be very busy at work thats why i dont post much but as u may know when i post i can really post
  • #4,053
  • Mar 19, 2019 2:35am Mar 19, 2019 2:35am
Quoting ichikuse
{quote} Hi i think the number one use is to determine bullishness or bearishness as measured by the crosses as you have said.Then there is divergence. The color change could be useful to indicate sentiment change although i dont use it myself.Apart from these i dont know any other uses.
I think also, that it can be helpful to see when an actual entry signal comes in relation to the cross. That is, the closer to the first cross, the stronger the entry tends to be.

That trend-line cross seems a very interesting variant.
  • #4,054
  • Mar 19, 2019 11:22am Mar 19, 2019 11:22am
Quoting ichikuse
{quote} I do filter my trades on 15m chart with a 200 ema and i dont trade against the 200 ema on 15m just to try and increase probability in my favour. You said its your last post.Not so fast !Are you retiring from trading?
Thank you RP for creating such an informative forum. It took me a few weeks but I have gone through the whole thread. Thank you to all that have contributed and helped one another with such good faith. Truly remarkable group.

@ichikuse,

In the past you have used the H1 and H4 charts to determine trend. Are you finding that the 15min with 200ema to be more reliable?

Also, I still work a 9 to 5 full time job (central time). When I get home the market is barely moving. Can anyone suggest pairs or times where there is some price movement in order to get practice.

Thank you All!
  • #4,055
  • Mar 19, 2019 12:04pm Mar 19, 2019 12:04pm
Quoting TheMonk
Dont go turnip = i am learning a lot from your posts. I am in the middle of a move back to London and hence trading has taken a back step I have opened an IG account as well - just cant find any UK brokers who use constant candles as a default - makes you think that the spreadbetting companies are against you
Here you are Monk - one Failed to take due to fear of losing trade: one failed short and one good long. Seems it would be easier, as others have said, to wait for market to settle and trend one way or another ( identifying it is harder)but drawing in levels/Consolidations or ranges certainly could help -if only I would always follow my own advice which I don't. That last drop under the ichi ( last few bars) -I had finished by then -but it shows the value of ichi as per Rockypoint ( long above and shorts below Ichi. Just my opinion.
Edit: Those two heavy areas at bottom of price (left to right) are 5 minute consolidation I noticed before starting and drew in for information. The user lines are one minute peaks etc.
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every Saint has a past. Every Sinner has a Future
  • #4,056
  • Mar 20, 2019 1:55am Mar 20, 2019 1:55am
Quoting Minnesota
{quote} Thank you RP for creating such an informative forum. It took me a few weeks but I have gone through the whole thread. Thank you to all that have contributed and helped one another with such good faith. Truly remarkable group. @ichikuse, In the past you have used the H1 and H4 charts to determine trend. Are you finding that the 15min with 200ema to be more reliable? Also, I still work a 9 to 5 full time job (central time). When I get home the market is barely moving. Can anyone suggest pairs or times where there is some price movement in...
Hi.My trading style is to always trade in the direction of the 4h trends.I have not stopped doing that.However, although watching 1h charts was very helpful, i went down to 15m charts to get early entries and stop losses not bigger than 20 pips.For me,trends are much more clearer on 15m charts.I also believe this is because of my trading style so others may disagree.So i dont trade against the 15m 200 ema.The only times i do will be when 4h time frame price is turning when the market is constructing a swing on the 4h.I am a firm believer in price swings and so i focus on 4h price.
When i open a 4h chart i should be able to tell immediately which direction i have to trade in.If i cant i should not trade until the chart can give me a direction.
  • #4,057
  • Mar 20, 2019 9:44am Mar 20, 2019 9:44am
Quoting ichikuse
{quote} Hi.My trading style is to always trade in the direction of the 4h trends.I have not stopped doing that.However, although watching 1h charts was very helpful, i went down to 15m charts to get early entries and stop losses not bigger than 20 pips.For me,trends are much more clearer on 15m charts.I also believe this is because of my trading style so others may disagree.So i dont trade against the 15m 200 ema.The only times i do will be when 4h time frame price is turning when the market is constructing a swing on the 4h.I am a firm believer...
Thanks for the clarification! BTW I started listening to Trading in the Zone.
  • #4,058
  • Mar 20, 2019 12:02pm Mar 20, 2019 12:02pm
Dow -done for the day
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every Saint has a past. Every Sinner has a Future
  • #4,059
  • Mar 21, 2019 4:31am Mar 21, 2019 4:31am
Dax one loser and two profitable
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every Saint has a past. Every Sinner has a Future
  • #4,060
  • Mar 21, 2019 8:01am Mar 21, 2019 8:01am
Quoting turnip15
Dax one loser and two profitable {image}
How do you chose where to trade ?

You seem to switch between indices and FX
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