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Powerful 1 Min Scalping System (Fx Prime)

  • #2,021
  • Nov 9, 2008 8:37am Nov 9, 2008 8:37am
Quoting f4mnect
I went back and re-read whole thread again....I give up, really about 60% of the post in this thread are stupid questions that could be answered if you had read whole thread. I'm not saying at all that all questions asked are stupid, but most could be answered if the person made any effort at all. This is distracting to my trading and I was using it for that. Time to refocus. I will be watching from a distance but most of my post are repetitive and after the 1st time, really a waste of my time.
CD and all...

Most of the larger forum moderators I have come in contact with make very liberal use of the 'Ignore' feature.

T...
  • #2,022
  • Nov 9, 2008 10:35am Nov 9, 2008 10:35am
Hi CD
Many just want the easy way out. Only few put the efforts to study the set up, in the forum and live. Your system works and works well, but you do have to work to learn it, few do. And a I guess that is why few make money in this business.
I tried to meet you in the chat room, but I see why I don't see there.
Good luck you and thanks.
Trade Garlic
  • #2,023
  • Nov 9, 2008 11:11am Nov 9, 2008 11:11am
It's a shame but this seems to be the natural evolution of most threads in the FF.

Someone starts the new thread and for awhile all is "good in the hood". Then the thread attracts new traders because of it's success. A lot of the time these new guys are impatient and don't know or won't read the whole thread so they ask silly queations. The older ( forum wise ) traders don't like this and say so. (They could easily ignore these posts but choose not too) This leads to 'infighting' and bickering-and waste of effort. Also at about this time people start "modifying" the system: adding their indicator and rules. This isn't all bad, most systems should be altered to fit the trader, but it does morph the system into something else.

At some point threads just get too darn big. This thread isn't yet one month old and it has 135 pages & over 2000 posts. It's easy for new readers to want to skip all this and get to where the rest of us are; "right now". Who wants to start at post #1 ??

Soon all the original people ( including the person who started the whole thing ) lose patience and drift away.

This is all pretty sad but at the same time, natural. I wish we could ignore the system hunters & grail seekers but we can't, they are also a natural part of our world.

CD has put together a good method and has shared it with us. I hope it hangs on in maybe a lessened form because it is a good trading system. I'm sure we all thank Roger for all the work he put into this. It's been a good 'run'.

Well, my ranting is over. Have a great trading week, everyone. stitch
Hej.
  • #2,024
  • Nov 9, 2008 11:21am Nov 9, 2008 11:21am
Ya I see alot of questions being asked over and over again if you cant take the time to read the whole thread then how do you expect to trade the system. So if you are new to this system don't start at the end of the thread and work your way back. I mean do you walk backwards. Start at the beginning to the end then ask a question. And yes the system does work IF YOU FOLLOW THE RULES. And yes you will have bad trades thats just part of trading. No system is perfect but this one is pretty close if you follow the rules. And now that the elections and the bailout is over maybe the market will have some better trends. So My Point READ THE ENTIRE THREAD.

I see in the chat room of traders say they blow there account on a bad trade, thats poor money management.... Trade only small lots so if you have $200.00 in your account then trade only 10 cents a pip at the most. With a
stop. For me every $100.00 I have in my trading account I trade 5 cents a pip. Just my opionion.

And Thanks to Canadian_Dude For his system, and Flamenco143 f4mnect and the others that have taken the time to help traders with the system.

OH and the next person that asked about the new indicator should be BANNED from the thread. Just trade the system BY THE RULES and you should do fine!!!!!!!!!!!!
It Is Not The Exit That Concerns Me, As It Is The Re-Entry
  • #2,025
  • Nov 9, 2008 11:58am Nov 9, 2008 11:58am
well... I have to say that this weekend I have read all the thread from post #1. I also learned a lot in the chat on friday with Kareem. I have to say that really it is not worth to read the whole thread... all the information is in the #1 post and I miss more information about what to do with the fibs and pivots levels.
I'm ready to try the method this week. As you can see I made the homework
Attached Image (click to enlarge)
Click to Enlarge Name: 09-11-2008 18-54-04.png Size: 38 KB
  • #2,026
  • Nov 9, 2008 12:06pm Nov 9, 2008 12:06pm
To keep main thread focused,- thread starter still can't redirect (move) posts in parallel (or related) discussion second thread or ask admins to do so?
  • #2,027
  • Nov 9, 2008 2:30pm Nov 9, 2008 2:30pm
Quoting emda
well... I have to say that this weekend I have read all the thread from post #1. I also learned a lot in the chat on friday with Kareem. I have to say that really it is not worth to read the whole thread... all the information is in the #1 post and I miss more information about what to do with the fibs and pivots levels.
I'm ready to try the method this week. As you can see I made the homework
emda,
Great example of trade setup you've posted here. Very easy to follow on your charts as well.
Interesting All Woodys CCI on mutiple TF. Does it help with your trade decisions?
Thanks,
CCE
I get exercise just pushing my luck
  • #2,028
  • Nov 9, 2008 3:38pm Nov 9, 2008 3:38pm
Quoting emda
As you can see I made the homework
Hi Emda,
I use AllWoody's MTF CCi too on my charts.
Can you tell me what indicator is attached on your M5 chart at the bottom?
Trading S/R with PA only. No indicators anymore!
  • #2,029
  • Nov 9, 2008 3:46pm Nov 9, 2008 3:46pm
Quoting cce
emda,
Great example of trade setup you've posted here. Very easy to follow on your charts as well.
Interesting All Woodys CCI on mutiple TF. Does it help with your trade decisions?
Thanks,
CCE
It's the template in post #1 + sidewinder + allwodies + Market Hours. All found in the thread.
I'll try to use the allwoodies to enter in higher timeframes with the same method... but with minimum leverage and bigger stops.. I don't know... maybe it doesn't work.. or maybe it is easier to trade the 1M in different pairs instead.
  • #2,030
  • Nov 9, 2008 3:49pm Nov 9, 2008 3:49pm
Quoting Jazz1964
Hi Emda,
I use AllWoody's MTF CCi too on my charts.
Can you tell me what indicator is attached on your M5 chart at the bottom?
it's Market Hours.mq4
It's nice to study trends when London + New York sessions overlap which is when I trade most. thanks CD

Look at allwoodies with 170 +34 parameter... We had a recent signal on H4 and H1... Daily is still very downtrend... Weekly entered in red also.. only monthly is blue but going down quickly.... How can Euro recover from this downtrend? not soon.
Attached Image
  • #2,031
  • Nov 9, 2008 3:58pm Nov 9, 2008 3:58pm
can someone please post allwoodiesCCI indicator,i could not find it here
  • #2,032
  • Nov 9, 2008 4:08pm Nov 9, 2008 4:08pm
Quoting deepdrunk
can someone please post allwoodiesCCI indicator,i could not find it here
Here is the indicator
Attached File(s)
File Type: mq4 DoublecciWoody.mq4   6 KB | 522 downloads
File Type: mq4 All Woodies CCI v1.0.mq4   15 KB | 824 downloads
It Is Not The Exit That Concerns Me, As It Is The Re-Entry
  • #2,033
  • Nov 9, 2008 4:09pm Nov 9, 2008 4:09pm
This system is probably profitable but the problem I see here is scalping forex. If I scalp forex im giving the money to the broker, there are a lot of entries and the spread of fxcm (my broker) is 2.8 in EURUSD on this volatility moments. A lot of entries give 10points or so, this is 3point only. So if you enter you have to win minimum 6pips to stay equal and 7 to win 1 point. So, I think i'll stay with intraday or swing. What do you think.
  • #2,034
  • Nov 9, 2008 4:16pm Nov 9, 2008 4:16pm
Hi , Am always not happy when u guys say all of that as if this is the first time such will happen . The best thing to do is to ignore by not saying anything or answering the questions. We all know this will happen so y all this attitude.Am not happy with u guys and infant when something great is about happening that is when u guys will always come up with all this excuses. To those that have gain a lot and do not want people to share any more just simply leave and stop corrupting the mind of those who want to share. Pls come CD and continue your good works. Just simply ignore and let us face the business squarely if we are all sincere. God will continue to help us. Thanks. Nerry.
  • #2,035
  • Nov 9, 2008 4:19pm Nov 9, 2008 4:19pm
Quoting SpiderSystem
This system is probably profitable but the problem I see here is scalping forex. If I scalp forex im giving the money to the broker, there are a lot of entries and the spread of fxcm (my broker) is 2.8 in EURUSD on this volatility moments. A lot of entries give 10points or so, this is 3point only. So if you enter you have to win minimum 6pips to stay equal and 7 to win 1 point. So, I think i'll stay with intraday or swing. What do you think.
Spider it depends on your definiton of scalping. I've seen some scalps here go 20 pips or more. You also have to factor in lot size. A .10 pip might not make a 20 pip gain worthwhile before you take the spread out. But if you're trading a full lot then it's 20 pips x $10.00 = $200. Subtracting the spread from that is pretty attractive iimo.
  • #2,036
  • Nov 9, 2008 4:20pm Nov 9, 2008 4:20pm
Quoting fxtrading24
Here is the indicator
Hi fxtrading, just want to say don't be tired of answering questions.
  • #2,037
  • Nov 9, 2008 4:26pm Nov 9, 2008 4:26pm
Quoting emda
it's Market Hours.mq4
It's nice to study trends when London + New York sessions overlap which is when I trade most. thanks CD

Look at allwoodies with 170 +34 parameter... We had a recent signal on H4 and H1... Daily is still very downtrend... Weekly entered in red also.. only monthly is blue but going down quickly.... How can Euro recover from this downtrend? not soon.
good post Emda, Thanks,
Kareem
Trade Garlic
  • #2,038
  • Nov 9, 2008 4:29pm Nov 9, 2008 4:29pm
Quoting NerryE
Hi fxtrading, just want to say don't be tired of answering questions.
Ya it's all good just trying my best to help.
It Is Not The Exit That Concerns Me, As It Is The Re-Entry
  • #2,039
  • Nov 9, 2008 4:40pm Nov 9, 2008 4:40pm
thanks for the indicators
  • #2,040
  • Nov 9, 2008 4:43pm Nov 9, 2008 4:43pm
Quoting nubchai
Spider it depends on your definiton of scalping. I've seen some scalps here go 20 pips or more. You also have to factor in lot size. A .10 pip might not make a 20 pip gain worthwhile before you take the spread out. But if you're trading a full lot then it's 20 pips x $10.00 = $200. Subtracting the spread from that is pretty attractive iimo.
Yes u right, the problem Im trading 1point=1$
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