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Attachments: Powerful 1 Min Scalping System (Fx Prime)
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Powerful 1 Min Scalping System (Fx Prime)

  • #1,661
  • Nov 2, 2008 8:41pm Nov 2, 2008 8:41pm
cool, pips in the bank...are pips in the bank
  • #1,662
  • Nov 2, 2008 8:46pm Nov 2, 2008 8:46pm
Quoting rgutowski
Konstas,

Thanks for sharing your system. Do you use this in the higher time frames aswell?
Thanks alot
I started trading cross of 3 and 34 on 15m, then went to 1m cuz it gives more actions and you enter big trades earlier. it works excellent on higher timeframes but with modifications.

Siobi, don't take it close - I also agree that your charts are too loaded with stuff. but.... if it works for you - that's great! whatever you do - don't listen others - cuz you trade your money not others. Personally, I found it hard to even look at your charts.
  • #1,663
  • Nov 2, 2008 8:55pm Nov 2, 2008 8:55pm
Guys... just want to know your experience, what is your main indicator for exit trade? take long trade for the purpose of example. Is it when RSI touches 55? or CCI 170 touch 0 or CCI 34 touches 0 or combination of all? any of you want to make this clear?

please add few tips of FX prime.

Cheers!
  • #1,664
  • Nov 2, 2008 8:56pm Nov 2, 2008 8:56pm
Quoting Konstas
I started trading cross of 3 and 34 on 15m, then went to 1m cuz it gives more actions and you enter big trades earlier. it works excellent on higher timeframes but with modifications.

Siobi, don't take it close - I also agree that your charts are too loaded with stuff. but.... if it works for you - that's great! whatever you do - don't listen others - cuz you trade your money not others. Personally, I found it hard to even look at your charts.
Konstas, what modification did u make for higher time frame?
  • #1,665
  • Nov 2, 2008 9:00pm Nov 2, 2008 9:00pm
Quoting mint_flavour
Guys... just want to know your experience, what is your main indicator for exit trade? take long trade for the purpose of example. Is it when RSI touches 55? or CCI 170 touch 0 or CCI 34 touches 0 or combination of all? any of you want to make this clear?

please add few tips of FX prime.

Cheers!

personally, i'm in to banking pips and never worry about pips left on table, I don't think personally that there is a perfect indicator to use on scalping to exit a trade. It's more of a feel.
  • #1,666
  • Nov 2, 2008 9:17pm Nov 2, 2008 9:17pm
on higher TF I traded pure "Elite" by Waterflame. He closed his thread cuz I think he promotes his website but if you read his thread you will get the rules cuz he explaines them over and over.

believe me, on 15m break outs are more painful, winners longer - sometimes 48hrs straight - it's hard - but you can try.

I prefer 1m - it's faster - you can trade every day and anytime - it gives signals constantly.


As for exits, I agree, it's more feeling than rule - everybody has his own exit rules - CD suggests crossing of 34CCI and zero line! read the thread and try to understand why every trader exit differently - look at their charts and then create your own exit rules!
  • #1,667
  • Nov 2, 2008 9:32pm Nov 2, 2008 9:32pm
Thank you for sharing your ideas peeps! That is very helpful for a beginner like me.

by the way, konstas i just email you. hehe...

Have a nice day and happy pipping
  • #1,668
  • Nov 2, 2008 10:40pm Nov 2, 2008 10:40pm
Quoting Konstas
on higher TF I traded pure \\\"Elite\\\" by Waterflame. He closed his thread cuz I think he promotes his website but if you read his thread you will get the rules cuz he explaines them over and over.

believe me, on 15m break outs are more painful, winners longer - sometimes 48hrs straight - it's hard - but you can try.

I prefer 1m - it's faster - you can trade every day and anytime - it gives signals constantly.


As for exits, I agree, it's more feeling than rule - everybody has his own exit rules - CD suggests crossing of 34CCI and zero line! read the thread and try to understand why every trader exit differently - look at their charts and then create your own exit rules!
Hi
I like the this exit, put the MACD 5,34, 5 on your chart.
When the signal line gets highter that the histogram exit your position.
Attached Images
  • #1,669
  • Nov 2, 2008 10:48pm Nov 2, 2008 10:48pm
Quoting CanuckCT
5 winners - total of 332 pips. Great start for the week and I'm done for the night. It's a great system!
Cheers
CanuckCT
Hello Canuck CT,

Congrats for your successful trades.

Question : I see DOTS in your char for, (I guess), BUY and SELL signals based ont FX PRIME system. Do you have some indicator that you can share that prints these dots in the charts?

Thanks
  • #1,670
  • Nov 2, 2008 11:13pm Nov 2, 2008 11:13pm
Quoting CanuckCT
5 winners - total of 332 pips. Great start for the week and I'm done for the night. It's a great system!
Cheers
CanuckCT

Just curious... how did you get "dots" all along HAS ?
  • #1,671
  • Edited Nov 3, 2008 12:02am Nov 2, 2008 11:59pm | Edited Nov 3, 2008 12:02am
Quoting jaya
Syahmi, would you kindly share your template and indicators like in the post http://www.forexfactory.com/showpost.php?p=2319759&postcount=1581
i'll be very grateful to you for that setup

Hi Jaya...

Template and indis attached !

http://rapidshare.com/files/160160305/fx-prime5min.tpl.html
http://rapidshare.com/files/160160306/3c_JRSX_H.mq4.html
http://rapidshare.com/files/160160307/3c_Turbo_JRSX_Filtered.mq4.html
http://rapidshare.com/files/160160308/AutoPivotIndicator1.mq4.html
http://rapidshare.com/files/160160309/Bands.mq4.html
http://rapidshare.com/files/160160310/Demark_trend_new.mq4.html
http://rapidshare.com/files/160160311/DynamicRS.mq4.html
p/s : For dynamicRS - parameters are (ShortPeriod-3, LongPeriod-25)

http://rapidshare.com/files/160160312/Pivot_Lines1.mq4.html
http://rapidshare.com/files/160160313/T3_RSI1.mq4.html
Attached Image (click to enlarge)
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  • #1,672
  • Nov 3, 2008 1:00am Nov 3, 2008 1:00am
WoW thats quite a chart
  • #1,673
  • Nov 3, 2008 1:05am Nov 3, 2008 1:05am
ehhh what ever works for you right? lol thats to much for me tho
Time is what keeps everything from happening "right now".
  • #1,674
  • Nov 3, 2008 1:16am Nov 3, 2008 1:16am
yup what ever works for ya, I have a friend who trades the craziest charts i have ever seen, took me a few minutes to find what the current price even was on it, but he make very good consistent money off them so it's up to the individual, everybody's charts have to speak to themselves
  • #1,675
  • Nov 3, 2008 3:43am Nov 3, 2008 3:43am
Quoting Konstas
just started trading - after a small false breakout I have a nice uptrend - here how it looks LIVE!!!

enjoy
Can you post your Indicator for cci?
  • #1,676
  • Nov 3, 2008 3:44am Nov 3, 2008 3:44am
Canadian where is?
  • #1,677
  • Nov 3, 2008 4:07am Nov 3, 2008 4:07am
Quoting waterloo
Can you post your Indicator for cci?
See post 1648. Then read 1652!
  • #1,678
  • Nov 3, 2008 4:13am Nov 3, 2008 4:13am
Quoting Konstas
yellow - 3ema, black 34sma, white-dotted - 170sma
I trade crosses when 3ema crosses 34, and 170.
3ema is very close to the price action and saves you from many-many false breaks - it comes from \"Elite\" system.
Related to your entry points, on char below you enter the second entry only?
Is this correct?

thanks
Attached Image (click to enlarge)
Click to Enlarge Name: moving_av_entry_points.jpg Size: 115 KB
  • #1,679
  • Edited 4:47am Nov 3, 2008 4:34am | Edited 4:47am
Quoting freemenn
Related to your entry points, on char below you enter the second entry only?
Is this correct?

thanks
Since Konstas isn't on right now I'll take the liberty of answering for him. Your going short - so entry MUST be made below the 170. On your chart that would indeed be the second entry since the 'first entry' you question is above the 170, and therefor not a valid entry signal. You would only enter a 3/34 cross IF the 3 and 34 were below 170 (as is on the chart) and 3 had crossed up over the 34sma, THEN returns and crosses the 34ma back down. Bang - pull the trigger on a sell!

AN example of that is on your chart. 3 bars past the furthermost red dot, the 3 crosses back down past that 34sma. There's a valid sell signal.
What could be easier? And your chart Freemenn is nice and clean. It contains all the info you need to trade successfully!
Hope this helps!
  • #1,680
  • Nov 3, 2008 4:39am Nov 3, 2008 4:39am
Quoting Flamenco143
Since Konstas isn't on right now I'll take the liberty of answering for him. Your going short - so entry MUST be made below the 170. On your chart that would indeed be the second entry.

Hope this helps!
thanks Flamenco
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