My Go To Trading System (Tribute to Currencia)
Hi everyone, having gone through the entire trail of posts in 1 sitting, may I first of all take the opportunity to thank Blanca for starting this thread and offering her time and energy to help other "failing" or "newbie" traders for FREE. Our heartfelt prayers are with her and her dear mother at this crucial time and we pray for her speedy recovery.
People in this group need to appreciate what others have done and are currently doing to help us "failing" "newbie" traders. There are some on here that are attempting to poison the atmosphere in this group by their distasteful comments. If you dont think this system is for you, then that's perfectly fine. Can you please keep your opinions to yourself and JOG on to look for your next "holy grail". We would prefer not to have you in here for any negativity.
A special and wholehearted gratitude of thanks and appreciation to SICK 35 AND MY PROFIT coding the scanner. I have not loaded any of the templates, indi's or scanner yet, as i've just about finished reading all the posts, but I will do so tomorrow. Im sure it will be amazing, given what I have read on here.
Both Sick35 and My profit have a done a wonderful job in creating this scanner which will no doubt ease the life of many traders in this forum and without their hard work and dedication, this would not have come to fruition. Everyone of us in this forum needs to acknowledge this and thank them for it. Its people like Blanca, Sick35 and My Profit that make the world a better place than it is, and the more we appreciate them and thank them for it, the more we will benefit from their wisdom and knowledge.
Having said all that, I will post regularly once I am set up and wish you all a very pipsolous new year !!
APOLOGIES : OUR SINCEREST THANKS AND APPRECIATION TO BACKSPIN FOR HIS CONSTANT CONTRIBUTION AND COMMUNICATION WITH SICK35 in helping to create the scanner and I humbly apologise for omitting his name. My heads dead at this time of night !!
People in this group need to appreciate what others have done and are currently doing to help us "failing" "newbie" traders. There are some on here that are attempting to poison the atmosphere in this group by their distasteful comments. If you dont think this system is for you, then that's perfectly fine. Can you please keep your opinions to yourself and JOG on to look for your next "holy grail". We would prefer not to have you in here for any negativity.
A special and wholehearted gratitude of thanks and appreciation to SICK 35 AND MY PROFIT coding the scanner. I have not loaded any of the templates, indi's or scanner yet, as i've just about finished reading all the posts, but I will do so tomorrow. Im sure it will be amazing, given what I have read on here.
Both Sick35 and My profit have a done a wonderful job in creating this scanner which will no doubt ease the life of many traders in this forum and without their hard work and dedication, this would not have come to fruition. Everyone of us in this forum needs to acknowledge this and thank them for it. Its people like Blanca, Sick35 and My Profit that make the world a better place than it is, and the more we appreciate them and thank them for it, the more we will benefit from their wisdom and knowledge.
Having said all that, I will post regularly once I am set up and wish you all a very pipsolous new year !!
APOLOGIES : OUR SINCEREST THANKS AND APPRECIATION TO BACKSPIN FOR HIS CONSTANT CONTRIBUTION AND COMMUNICATION WITH SICK35 in helping to create the scanner and I humbly apologise for omitting his name. My heads dead at this time of night !!
Say, “He Is Allah, [Who Is] One, Allah, the Eternal Refuge.
- #505
- Edited Jan 25, 2020 7:08am Jan 24, 2020 10:19pm | Edited Jan 25, 2020 7:08am
Hello friends, because we are waiting for "the final" instructions from Blanca, and this thread to me is important, I'm going to put some info about the CCI (taken from the Net) to help some of you to underestand the funcionality of the CCI and how we can use the double cci signals to our advantage, Remember that Blanca's guideline is to wait for a "cci 200 signal', but we can use also the '100' signal, a little more risky, but we can get more signals.
Note; we are awaiting for Blancas "final" guidelines..
Ok..let's see....
CCI trading
1 - CCI is in an overbought zone.(Just above 100). The moment it entered there, we could have placed a Buy order, since we know that a strong uptrend has been established.
2 - CCI rises to an extremely oversold level, this is where we know that the reversal is near, so the measures are to tighten our stop loss and either exit as we spot a reversal pin bar candlestick or wait till CCI exits below 200.
3 - The moment CCI exits +200 zone we should close all remaining Long trades and look to Sell. With CCI exiting from an extremely overbought zone is a perfect opportunity to initiate our first Short trade. Note:Maybe we can wait until the "next" -100 signal to appear??
At the same time, should we never witness CCI above 200, we'll be still holding our Buy position open, because CCI continues to trade inside an overbought zone.
(So, the difference is whether there was a rise above 200 or not. If we erase #2 event from the chart, we're trading in an overbought zone and continue to hold out Long position).
4 - As price exits from an overbought zone, we close all Long positions and can immediately open Short positions / add to existing Short trades opened at point 3.
Or wait for the -100 signal.
5 - CCI crosses its Zero line and now is on Seller's territory. We can open yet another Short trade. Or wait for the -100 signal.
6 - Price enters an oversold zone (below -100), which tells us that a downtrend is already running strong. We can add up to a Short trade and hold till we find that CCI rises back above -100.
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CCI and its Zero line
An aggressive way to enter the market is to react to CCI's line crossing its zero level.
When CCI moves above Zero, traders would Buy the currency expecting a newly changed trend to hold. Vice versa, when CCI falls below zero, traders would Sell looking to benefit from early signals of an emerging downtrend.
Simple rule:
Above zero - Buyers' territory,
below zero - Sellers' territory;
unless, we have reached an oversold/oversold zone.
Remember, use this info ONLY in a Demo account to try...Together with the Ribbons, Pivots and the Magnificent Indicator from Sick35 can be great....
Blanca, if you think this info is not appropriate to show in your thread, tell me to erase it...
Saludos...
Note; we are awaiting for Blancas "final" guidelines..
Ok..let's see....
CCI trading
1 - CCI is in an overbought zone.(Just above 100). The moment it entered there, we could have placed a Buy order, since we know that a strong uptrend has been established.
2 - CCI rises to an extremely oversold level, this is where we know that the reversal is near, so the measures are to tighten our stop loss and either exit as we spot a reversal pin bar candlestick or wait till CCI exits below 200.
3 - The moment CCI exits +200 zone we should close all remaining Long trades and look to Sell. With CCI exiting from an extremely overbought zone is a perfect opportunity to initiate our first Short trade. Note:Maybe we can wait until the "next" -100 signal to appear??
At the same time, should we never witness CCI above 200, we'll be still holding our Buy position open, because CCI continues to trade inside an overbought zone.
(So, the difference is whether there was a rise above 200 or not. If we erase #2 event from the chart, we're trading in an overbought zone and continue to hold out Long position).
4 - As price exits from an overbought zone, we close all Long positions and can immediately open Short positions / add to existing Short trades opened at point 3.
Or wait for the -100 signal.
5 - CCI crosses its Zero line and now is on Seller's territory. We can open yet another Short trade. Or wait for the -100 signal.
6 - Price enters an oversold zone (below -100), which tells us that a downtrend is already running strong. We can add up to a Short trade and hold till we find that CCI rises back above -100.
----------------------------------------------------------------------------------------------------------------------------------------------------------
CCI and its Zero line
An aggressive way to enter the market is to react to CCI's line crossing its zero level.
When CCI moves above Zero, traders would Buy the currency expecting a newly changed trend to hold. Vice versa, when CCI falls below zero, traders would Sell looking to benefit from early signals of an emerging downtrend.
Simple rule:
Above zero - Buyers' territory,
below zero - Sellers' territory;
unless, we have reached an oversold/oversold zone.
Remember, use this info ONLY in a Demo account to try...Together with the Ribbons, Pivots and the Magnificent Indicator from Sick35 can be great....
Blanca, if you think this info is not appropriate to show in your thread, tell me to erase it...
Saludos...
"Great Men are not born great, They Grow Great."
- #512
- Feb 11, 2020 4:38pm Feb 11, 2020 4:38pm
- Joined May 2006 | Status: Professional trader, owner of MTC | 1,521 Posts
- #516
- Feb 18, 2020 1:04pm Feb 18, 2020 1:04pm
- Joined May 2006 | Status: Professional trader, owner of MTC | 1,521 Posts
This was a trade I took earlier today on CHFJPY. Followed blanca's rules.
BUY ORDER
- Price was outside the upper side of ribbons
- DOUBLE CCI was approaching 200 and about to cross.
- Yellow Line on Double CCI was almost vertical
- Received a signal immediately after I put in a BUY. (Kinda predicted it would happen. But followed rules.)
- Price stayed above ribbons. Ribbons were small and tight. Which blanca suggested is good because ribbons acted as support on the way up.
Enter: 111.905
Take Profit: 112.496
Loving the system for sure. That's quite a lot of pips just from following the rules.
For anyone that wanted to know if the system works when you follow it to the T. Yes, it does
BUY ORDER
- Price was outside the upper side of ribbons
- DOUBLE CCI was approaching 200 and about to cross.
- Yellow Line on Double CCI was almost vertical
- Received a signal immediately after I put in a BUY. (Kinda predicted it would happen. But followed rules.)
- Price stayed above ribbons. Ribbons were small and tight. Which blanca suggested is good because ribbons acted as support on the way up.
Enter: 111.905
Take Profit: 112.496
Loving the system for sure. That's quite a lot of pips just from following the rules.
For anyone that wanted to know if the system works when you follow it to the T. Yes, it does
- #520
- Mar 27, 2020 2:23pm Mar 27, 2020 2:23pm
Hello Everybody, My name is Blanca from Mexico city I have been a trader since before internet was invented probably, and belonged to this forum since I have memory some already of you know me, and some will start remembering me. Today I am openning this thread as a Tribute to my old dear friend Currencia, who also was my first teacher in this forum, He taught me the basic tools of trading with the slight difference of having the ability to draw and use them the proper way, also gave me the foundations to develop my own style and systems, plus gave...
Hello my dear friend
Initially, I will be presenting this music to you from spotify.com .
https://open.spotify.com/track/7qaYUy09Lnf5MAxLLMj1fO
You wrote very, very beautifully.
Nothing like kindness.
We can all make a profit in this market.
Thank you for making your system free.
I have to read from post number one.
Here I wanted to write my own feeling and mood.
I am glad
From your generosity
your kindness
Please always be kind
With respect .