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Cornflower Hourly System

  • #661
  • Jul 23, 2007 6:09am Jul 23, 2007 6:09am
[quote=Happy;1504087]Hi everyone,

There was a great trade at 7pm US time for 60 pips.


What pair(s) are you trading...?

Thanks,

Joe
  • #662
  • Edited 8:21am Jul 23, 2007 7:25am | Edited 8:21am
Felicia,
your sistem is beautifull, thank you for sharing it here

I create an indicator just for showing the ema's position on TF 5, 15, 30 minute and 1 hour
I don't know if it good, but it helped me when I had 10 pair two watch

here it is:
gray line = price close
Yellow line = ema 8
MediumOrchid line = ema 12
SlateBlue line = ema 24
Khaki line = ema 72

http://img54.imageshack.us/img54/985...nflowerdr1.gif
Attached File(s)
File Type: mq4 OSC-MTF_CF_SYS.mq4   5 KB | 891 downloads
in
  • #663
  • Jul 23, 2007 7:48am Jul 23, 2007 7:48am
Quoting metto
Felicia,
your sistem is beautifull, thank you for sharing it here

I create an indicator just for showing the ema's position on TF 5, 15, 30 minute and 1 hour
I don't know if it good, but it helped me when I had 10 pair two watch

here it is:
gray line = price close
Yellow line = ema 8
MediumOrchid line = ema 12
SlateBlue line = ema 24
Khaki line = ema 72

http://img54.imageshack.us/img54/985...nflowerdr1.gif
Metto,the indicator will split to 4 (TF M5, TF M15, TF M30, TF H1)?
Thanks in advance.
  • #664
  • Jul 23, 2007 7:52am Jul 23, 2007 7:52am
Quoting kisspips
Metto,the indicator will split to 4 (TF M5, TF M15, TF M30, TF H1)?
Thanks in advance.
yes it does
in
  • #665
  • Jul 23, 2007 8:00am Jul 23, 2007 8:00am
Hi jsmanuse,

Sorry took so long to get back to you. I traded the GBP/USD at 7pm UST. There was also another good one at 6am US time. Taking 20 pips is a good number and once the order is placed and stop loss and profit is in place then it's good to walk away and enjoy a cuppa, less stressful. Take a look at the AUD/USD also a very good currency to trade.

Good luck

Happy
  • #666
  • Jul 23, 2007 9:07am Jul 23, 2007 9:07am
Quoting chrisjenks
Hi Jarfar00
How do I access the chatroom. When I click the link it just asks for you to log in. There is no where to register.
Thanks,
Chris
http://www.rebatefx.com/chat.php is the proper URL. Then click "register here" at the top of the chat window. World clocks are on top and FF news window under the chat. Use that URL if you think the extra tools are useful.
  • #667
  • Jul 23, 2007 9:49am Jul 23, 2007 9:49am
Quoting jafar00
http://www.rebatefx.com/chat.php is the proper URL. Then click "register here" at the top of the chat window. World clocks are on top and FF news window under the chat. Use that URL if you think the extra tools are useful.

sorted, thanks very much

chris
I just wanna have some fun (and maybe make a few green pips along the way).
  • #668
  • Jul 23, 2007 10:02am Jul 23, 2007 10:02am
Quoting kisspips
Metto,the indicator will split to 4 (TF M5, TF M15, TF M30, TF H1)?
Thanks in advance.
metto,
what are the lines between your ma's on the chart?

chris
I just wanna have some fun (and maybe make a few green pips along the way).
  • #669
  • Jul 23, 2007 10:18am Jul 23, 2007 10:18am
Quoting chrisjenks
metto,
what are the lines between your ma's on the chart?

chris
an ema too, example:ema 28,32,...,68, interval 4,
it's just an accessories (it's make my chart more delicious )

you really don't need that
in
  • #670
  • Jul 23, 2007 2:50pm Jul 23, 2007 2:50pm
Quoting metto
Felicia,
your sistem is beautifull, thank you for sharing it here

I create an indicator just for showing the ema's position on TF 5, 15, 30 minute and 1 hour
I don't know if it good, but it helped me when I had 10 pair two watch

here it is:
gray line = price close
Yellow line = ema 8
MediumOrchid line = ema 12
SlateBlue line = ema 24
Khaki line = ema 72
Great indicator metto, How can I make it display one time frame per window (Im not great with code) I just want to stack 2 windows one with the 1 hour and the other @15 mins.
Thanks

Mart
----o00o--°(_)°--o00o----
  • #671
  • Jul 23, 2007 5:28pm Jul 23, 2007 5:28pm
Quoting Happy
Hi jsmanuse,

Sorry took so long to get back to you. I traded the GBP/USD at 7pm UST. There was also another good one at 6am US time. Taking 20 pips is a good number and once the order is placed and stop loss and profit is in place then it's good to walk away and enjoy a cuppa, less stressful. Take a look at the AUD/USD also a very good currency to trade.

Good luck

Happy
Thanks Happy,

Normally I don't take trades on Sunday at market open... I've been faked out almost every time. However, that was before I started using the Cornflower... I'll take a trade on any pair, but what I like to see is a lot of green if they're bullish (so I don't see red ;( and red if they're bearish so I can see green! I really liked RJF's post about setting a limit order, stoploss and profit target of 20 pips. The only thing I'm still mulling over is the advisability of trading pairs that have larger spreads. Obviously, it won't pay to put a 10 pip stop on GBPJPY.. with a 9 pip spread. Anyway, best of luck to you and your continued success.

Joe
  • #672
  • Jul 23, 2007 5:51pm Jul 23, 2007 5:51pm
Hello,

It has been a while since I posted here but continue to be a student of CF method. Thank you Felicia and the rest of the contributors. I registered today and would like to find out when is the best time to log in and chat with some of you?


Thanks
Unus pro omnibus, omnes pro uno
  • #673
  • Jul 23, 2007 10:58pm Jul 23, 2007 10:58pm
Hi Joe,

I agree about some of the spreads. My spread is only 1 pip for all the major currencies and I only trade when they return to the 24 Ema. I have found that there are plenty of trades between the AUD/USD and the GBP/USD to keep me busy. I too place a 10-20 pip loss, mostly 10 pips and take a 20 pip profit unless it's a new trend, then I remain for the ride arter taking 80% off the table at 20 pips.

Good luck

Happy
  • #674
  • Jul 23, 2007 11:03pm Jul 23, 2007 11:03pm
Hi Moneda,

It seems to me that the activity begins here around 6am gmt. There is also a live chat-live trade forum around the same time for Cornflower traders. If you check back a few posts you'll see all the info to take you there.

Good luck

Happy.
  • #675
  • Jul 24, 2007 1:17am Jul 24, 2007 1:17am
Quoting Happy
Hi everyone,

There was a great trade at 7pm US time for 60 pips. I follow felicia's system faithfully and have learned the hard way never to try and predict what the market is or isn't going to do. At 7pm the trend was angled perfectly, between 30 and 60 degrees, and the market pulled back to between the 12 and the 24 Ema's. Have also found that there is almost always a good trade at some point during the Asian market especially Monday trading.

I place a breakeven at 15 pips, take 80% off the table when I reach 20 pips and then let the 20% run on until the cross over of the 8 and the 12 Ema's in the opposite direction. This info was shared by a good member almost at the beginning of this thread.

If another trade appears I trade again with the same system even though I may still have a trade of 20% in the system. Should mention that I almost always wait for the market to reach the 24 Ema unless the angle of the trend is steep. This was another little gem that was shared earlier by a generous member. I also never risk more than 2% of my capital. It's a very relaxing sytem. Thanks again Felicia, it's an amazing little/big pip winner.

I'm all finished for the day. Time for family.

Happy pipping to all,

Happy
Great post here. Everyone, read this. I think Happy's method can be duplicated with great success. Good work!
  • #676
  • Jul 24, 2007 1:19am Jul 24, 2007 1:19am
Quoting metto
I create an indicator just for showing the ema's position on TF 5, 15, 30 minute and 1 hour I don't know if it good, but it helped me when I had 10 pair two watch
Great work. This can be a very useful tool for those of us trading MTF Cornflower.
  • #677
  • Jul 24, 2007 1:51am Jul 24, 2007 1:51am
Thanks Felicia.
  • #678
  • Jul 24, 2007 4:41am Jul 24, 2007 4:41am
Sorry for newbie Q but....

Can anybody tell did the rules were changed for this strategy? Or in the first post is the correct rules?

thanks
  • #679
  • Jul 24, 2007 5:54am Jul 24, 2007 5:54am
Quoting RJF
I always consider support and resistance. If I feel that a potential long (or short) Cornflower trade is headed too close to resistance (or support), I will either pass on the trade or set my limit for a smaller number of pips.
Just for information.............I wouldn't even consider trying to trade, whatever the system I was using, unless I had the full complement of Pivot Points on the chart. They've proved time and again how useful they are for providing Resistance lines, Support lines, trade entry signals and trade exit signals.

For what it's worth...........

Cheers
  • #680
  • Jul 24, 2007 5:57am Jul 24, 2007 5:57am
Sorry for newbie Q but....

Can anybody tell did the rules were changed for this strategy? Or in the first post is the correct rules?

thanks

hello,you will do well to read the rules on the first page first,then click on lever to view all his posts in this thread and read those too.The rules have not changed much but there are things you can learn if you do as stated above.If you please you could then read the entire thread,its worth it.
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