Zero Line Reject

For that TF, it was the 204 EMA (34x6).

How do you filter signals? At the beginnings of range periods

1. I actually count bars, anything over 30 in a range often lends to the probability of the Big Boys making a decision.
2. I look for patterns (HS).
3. Anytime 3 moving averages converge, large moves are often right around the corner.
4. I always look at the W1 and D1, trading is 80% psychological, if I spelled that right.
5. No one always has the right answers, I never will. I do what I can to stack every 'objective' detail I can in my favor... i.e. there is a great HS as well as a crappy HS. Some traders know the difference.
Hope that helps~
Thanks Reno

Thank you for your answers
Could you please describe it or show some chart?

USDCHF 1H
1. Last week this pair gave us a bearish pin bar.
2. Just yesterday, it gave us the same.
3. Price is KING on all charts, but most heavily on the longer TF.
4. I spotted the HS on the 1H last night.
5. N.Y. gave us convergence of multiple MA.
6. I will add a bonus... personal trading experience has taught me that before N.Y. heads to lunch they 'often' make a large move in their desired direction. London does the exact same thing. This does not happen every day. That is why I risked my normal 1%, not a dime more.

This post is supposed to include the USDCHF chart from earlier. if it's not on this post, try scrolling up a half dozen posts.
By the way, if you spot the FIB line I plotted, it's based off the Daily to give me an idea of SR.

Enjoy
Reno

One of my greatest trading epiphanies happened when someone suggested I plot a green 50 SMA and then on that same chart plot a red 34 EMA. They are almost identical.

Reno
Rarely does a day go by when I don't learn something.

Certainly not the sexiest trade, but if it generates pips, I'm in. All my rules were met. Short the EURUSD 1H.
Greetings one and all.
Reno

All tickets in 15 minutes on green

Do you think it will make it to the October high?

Got in on the Loonie way too late, but I got my daily quota. I should have stayed with it as you can see.
Everyone have a great weekend.
Happy Trading
Reno

Can you provide your template so we can test it as well?

I wish I could help, I do not know how to share a template. I edited page 1 not long ago, all settings should be there. If you can't find what you're looking for, do not hesitate to ask. I believe everything is on page one.

The post is based on a 'rejection', however the original author shared 3 setups. The 50 cci crossing zero, the retracement and finally the last retracement which often includes the 14 cci making a move through zero and back.

Hope this helps,
Thx Reno
I can barely spell template!!

To the trader who sent me a message asking me to visit a thread because I will be treated differently, I wish you a Good Morning. I decided to post my reply. Why do I post my reply?

Why do I post my reply? Because this trader has opted to restrict me from replying directly to them. I cannot reply to this trader directly.

This is my reply to that ultra private trader. Read carefully please.

This is what I do. This is how I do it. These are the pairs I trade. This is what a win looks like. This is what a loss looks like. This is what I make in a week. This is what I made last week. This is what I'll make this next week. This is what I'll make this coming year. This is what my setup looks like. This is what my journal template looks like.

I do visit other sites from time to time, but it's rare.

I'm not a multi-gazillionaire, I do trade full time. Thank you for inviting me to this other site. I respectfully decline the offer. It will take away my rocket lasered focus on my current pip generating system.

Happy Trading
Reno

I took 6 trades last week, 2 were losers. I've decided to post a 5 minute chart to aid with settings. I don't think my settings are that big of a deal.

Everything on this chart is set to HLC/3. That would include the indicators and the moving averages.

14 cci, max levels are 350/-350. The same holds true for the 50 cci.

Moving averages 14 ema, 34 ema, 100 sma and the 204 ema. On my 5 minute chart, the 204 ema tells me where the 34 ema is on the 30 minute, or at least close enough for me to risk 1-2% on any given trade.

On this 5 minute chart that you see, I could've been in the trade for hours. I chose to take my money and go read a book.

My 15 minute chart does not have a 204 ema plotted, it's a 544 ema instead.

I do have 26 profiles I use to make a trading decision. That might be valuable information to someone. I open my MT4 an hour before I take a trade.

Happy Trading
Reno
EDIT look back for me is about 24 hours

Do you think the big banks know about the Head and Shoulders pattern on the daily? One can ponder or plan.
Loonie

Well, it's amazing what a vacation can do for your skill set. I hope everyone is raking in the pips. I may end up joining the journal thread and begin posting. I haven't made up my mind. Things have changed in my trading world. Greetings one and all, Reno!

I still trade the H1. I still try to stick to hidden divergence and regular divergence trades. This is the first trade I've taken in a year. The trigger happened during the Sydney session, I entered hours later. I decided to go for 1:1. It happened. 2 August I took the trade. I'm so glad I took a year off from trading.

Y'all take care,
Reno
Hope the screenshot come through ok....

Has anyone EVER taken a month off from everything? Nothing but publications. No videos, PDF's, no 'demos', none of that. I took a year off. I feel fresh. That's the best way I can explain it. You don't have to say why you took time off, but I want to know what effect it had... please.

Reno

After a 76 pip gap, I figured it might want to descend a bit more. I waited for my "M" formation and the 14 to help out a bit. I try to hang on until the 50 returns to -100. I took some risk off at 1:1. Happy Monday everyone!

Hidden divergence an hour into the trade,,,,,, take some off, put some on... rinse and repeat. I use fractals to help identify highs and lows.