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FX-50 Great Scalping System

  • #381
  • Dec 11, 2008 9:42am Dec 11, 2008 9:42am
Can someone plz tell me the correct values of smooded HA?
in v1 template i have values of 2,6,3,2
and in v2 from the template CAN published it is 2,30,3,2.
so which one do you work with?
  • #382
  • Dec 11, 2008 9:54am Dec 11, 2008 9:54am
Quoting HUnter123
Can someone plz tell me the correct values of smooded HA?
in v1 template i have values of 2,6,3,2
and in v2 from the template CAN published it is 2,30,3,2.
so which one do you work with?
I'm using 2,30,3,2 from the template that Canuck posted yesterday for V2.
  • #383
  • Dec 11, 2008 10:23am Dec 11, 2008 10:23am
Cool dudes!!!
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  • #384
  • Edited 11:09am Dec 11, 2008 10:44am | Edited 11:09am
Thx debitel.
  • #385
  • Dec 11, 2008 11:13am Dec 11, 2008 11:13am
I like it!!! No sells in this rocky roday north of the border!!! LOL!!!

69
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  • #386
  • Dec 11, 2008 11:22am Dec 11, 2008 11:22am
Hey guys - I'm new to posting on FF and am looking to learn TKpower8's template/version posted originally on the old thread and now re-posted here. However, this thread keeps hopping to different templates and it's confusing for someone starting out. To be clear - here's the template I'm looking at (great moves on the EURJPY over the last couple of hours btw...)

http://teckmax.com/fxprime_screensho...8_template.jpg

To keep a focused discussion, should I create a thread called something like TKPower8's FX-50 Template Discussion? Or is that too granular?

Thanks in advance - I love this template. It just feels right!
  • #387
  • Dec 11, 2008 11:34am Dec 11, 2008 11:34am
Quoting teckmax
Hey guys - I'm new to posting on FF and am looking to learn TKpower8's template/version posted originally on the old thread and now re-posted here. However, this thread keeps hopping to different templates and it's confusing for someone starting out. To be clear - here's the template I'm looking at (great moves on the EURJPY over the last couple of hours btw...)

http://teckmax.com/fxprime_screensho...8_template.jpg

To keep a focused discussion, should I create a thread called something like TKPower8's FX-50 Template Discussion?...
Tec it would be up to you. But my feeling is that the great thing about FX-50 is that we have 2 or 3 different approaches to it. I'd like to see the discussion here under the one big umbrella of FX-50. So if you're talking about TK's approach all you have to do is say that. Right now I'm using a variation of F4's template, others follow Canuck and Flamenco. But the core is FX-50
  • #388
  • Dec 11, 2008 11:37am Dec 11, 2008 11:37am
nubchai - that sounds logical. So the entry rules still apply in all templates then, just some templates have a few more indicators for additional filters, etc?
  • #389
  • Edited 11:52am Dec 11, 2008 11:51am | Edited 11:52am
Quoting tkpower8
Attachment

This is from this morning, I have recently added the CCI34 Filter bars but do not think it is needed, price action is enough for this method.

It usually gets you in earlier than the M1 and the M1 Fx-50 method can be used to re-enter. SL is always nice and small and precise.

Grab my original pack here - http://www.forexfactory.com/attachme...0&d=1228779419

Here are the extras you need

Attachment
Attachment
tkpower8 - Thank you very much for the M1 entry screenshots. I can't wait for the M2 ones - these are very helpful to imprint what it should look like in my brain...

For your M2 entry rules - it's just...

Long
Bear candle eaten by 2 pips
CCI 34 is blue (above 0)
21SMA is blue (rising)
Optional: If near a pivot, it should be breaking it or bouncing off it.

Short
Bull candle eaten by 2 pips
CCI 34 is red (below 0)
21SMA is red (declining)
Optional: If near a pivot, it should be breaking it or bouncing off it.

Is there anything else you are looking for to keep your accuracy high on the M2 entries?

Also - would it be beneficial for someone just start with this sytem to only trade certain hours. Like 2 AM EST - 6 AM EST?

Thanks for sharing!
  • #390
  • Dec 11, 2008 11:58am Dec 11, 2008 11:58am
Quoting teckmax
nubchai - that sounds logical. So the entry rules still apply in all templates then, just some templates have a few more indicators for additional filters, etc?
Tec yes that'smy understanding. One difference is the CCI settings. Some are using 89 and 21 after some experimenting. And others are using other indicators for confirmation.
  • #391
  • Dec 11, 2008 12:17pm Dec 11, 2008 12:17pm
Ohhhhhhhhhhhhhhhh yaaaaaaaaaaaa

69
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  • #392
  • Dec 11, 2008 12:24pm Dec 11, 2008 12:24pm
Quoting soeasy69
Ohhhhhhhhhhhhhhhh yaaaaaaaaaaaa

69
Hi there...

Care to share your template and indicators ?

TQ
  • #393
  • Dec 11, 2008 12:32pm Dec 11, 2008 12:32pm
Quoting DirkH143
I think the more indicator you put on your template the slower it gets.

D.
Go to Tools then options then charts and set Max Bars in chart to 500
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  • #394
  • Dec 11, 2008 12:43pm Dec 11, 2008 12:43pm
Quoting soeasy69
Ohhhhhhhhhhhhhhhh yaaaaaaaaaaaa

69
looking at your chart you dont need the cd indicator..lol
how ever you turn it...its still just ma crossings...simple as that
StopLoss is for none belivers... Trust the Gurus..
  • #395
  • Dec 11, 2008 12:53pm Dec 11, 2008 12:53pm
Quoting lillelise
looking at your chart you dont need the cd indicator..lol
how ever you turn it...its still just ma crossings...simple as that
I think CD is a lucky man. Whenever he releases some indicator, the market trends well....
  • #396
  • Dec 11, 2008 1:01pm Dec 11, 2008 1:01pm
Hello TK

I have been live trading your price action setup for the last two days with some good results. Thank you for sharing.

I have some questions regarding my latest trades. The first one stopped out for a loss and the second stopped out at breakeven. My other trades have all been positive. Could you please let me know if the trades were a proper entry. Any other input is much appreciated.

Thanks in advance
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  • #397
  • Dec 11, 2008 1:02pm Dec 11, 2008 1:02pm
Quoting soeasy69
Isn't that what the green line is for? To go long? Red to sell... I am happy I have the settings/system and it was FREE! I will now not post another word about this in this thread... Thanks CD! See what happens when you offer something for free then try and make money off of it? In the end hundreds of traders get your thing for FREE! Yuk fuey on you pal!

69
Soeasy69, could you please contact me...I have some questions for you, if you have a minute. Email me: [email protected]
Thanks
  • #398
  • Dec 11, 2008 1:04pm Dec 11, 2008 1:04pm
so glad to have this thread.. again any chance we can get the chatline address added to the first post?

I had some good trades this am, so far this week Im +300 pips.
  • #399
  • Dec 11, 2008 1:05pm Dec 11, 2008 1:05pm
Quoting anto
I think CD is a lucky man. Whenever he releases some indicator, the market trends well....
anyway great intertainment
StopLoss is for none belivers... Trust the Gurus..
  • #400
  • Dec 11, 2008 1:07pm Dec 11, 2008 1:07pm
Quoting anto
I think CD is a lucky man. Whenever he releases some indicator, the market trends well....



When we have strong trend day, my friend used to say: "Today every indicator works"
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