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1 min Scalping with Randy Candles Resurrected

  • #21
  • Dec 21, 2008 10:49pm Dec 21, 2008 10:49pm
Quoting CanuckCT
Your post is #19...the question you ask is on post #15...a little effort please to read all 18 posts, the guides, the reference to other forums. Do you want us to make the trades for you also...sorry for the rant, but that question is uncalled for, damit!
Cheers
CanuckCT
Thx for the Rant!

I read the posts, the guides, and the reference.

I was refering to his 'hole-in-one template'. No need being a dick about it.
  • #22
  • Dec 21, 2008 11:00pm Dec 21, 2008 11:00pm
Read the PDF and build the template, it's all there for you...no need to be that lazy about it!
Cheers
CanuckCT

Quoting todd960960
Thx for the Rant!

I read the posts, the guides, and the reference.

I was refering to his 'hole-in-one template'. No need being a dick about it.
  • #23
  • Dec 21, 2008 11:11pm Dec 21, 2008 11:11pm
Quoting CanuckCT
Read the PDF and build the template, it's all there for you...no need to be that lazy about it!
Cheers
CanuckCT
Then I guess every template on every thread/forum should be removed because anyone and everyone is just plain LAZY!! At least that's your opinion Mr. sitting on my high horse.

Geeze I was right, you are an a-hole.
  • #24
  • Dec 21, 2008 11:56pm Dec 21, 2008 11:56pm
You know, I try hard to help people around here because I get some enjoyment from it, but more importantly, others have helped me and I'm having success trading and it's my way of giving something back.

I asked you to put a little effort into this thread because your post seemed as though you had not really made an effort.

With some effort you would have realized that the PDF you refer to was not created by Dryclean, but rather posted here as a courtesy by him. It was created by a trader on another forum...not that hard to find really. And if you did search a little bit you would find all the indicators to build the template and maybe offer it here as your contribution.

A little courtesy and I would have retracted my comment. But in two posts you have managed to call me a dick and an asshole (I'm not scared to spell it)...so I can now fully appreciate where you are coming from.

Maybe you'd like us to build the template for you....maybe call out the trades too.

Why didn't you post something specific that you were wondering about...you may have got a helpful response. As for me sitting on a high horse, I could care less about your opinion of me and I certainly don't need to engage in this kind of dribble. And I do have a high standard of conduct that I expect from people...the speed in which you sink to name calling, well I'll leave it at that.

I'm out of here....sorry Darius for the dribble...I do not wish to engage in this conversation anymore. I'll just go trade.

No need to respond Todd, I won't be here to read about it.

Cheers
CanuckCT

Quoting todd960960
Then I guess every template on every thread/forum should be removed because anyone and everyone is just plain LAZY!! At least that's your opinion Mr. sitting on my high horse.

Geeze I was right, you are an a-hole.
  • #25
  • Dec 22, 2008 2:47am Dec 22, 2008 2:47am
Thanks DryClean for providing more info on the randy candles esp info on the alert candles. It has certainly been helpful.

Well the purpose of me reviving the randy candles is that i have personally found it useful for making my entries though the exits can be improved with more info which i am sure you'll agree is rather lacking thus far. So with hopefully with eve'ones contribution there may be greater info being discovered.

Well lets get on with trading! Just made two successful scalps awhile ago, let me post the setups in a jiffy, one strictly following the rules, the other not so (I have my weakness yup!)
  • #26
  • Dec 22, 2008 5:33am Dec 22, 2008 5:33am
Ok here's my two earlier trades:

Alert 1, candle with small white body though black tails are present. (Reference is the yellow vertical line). This is not the best possible setup.

Alert 2 is a better setup, a zorro candle, red body with black tails on either ends. (Reference is the green vertical line).
Attached File(s)
File Type: doc 2 Short Trades Using Randy Candles on 22 Dec 2008.doc   336 KB | 794 downloads
  • #27
  • Dec 22, 2008 5:44am Dec 22, 2008 5:44am
Here's a nice setup with a Zorro Alert (Reference green vert line). I missed trading this one though...oh well on to next one.
Attached Image (click to enlarge)
Click to Enlarge Name: zorro alert eg.gif Size: 18 KB
  • #28
  • Dec 22, 2008 6:38am Dec 22, 2008 6:38am
Quoting CanuckCT
You know, I try hard to help people around here because I get some enjoyment from it, but more importantly, others have helped me and I'm having success trading and it's my way of giving something back.

I asked you to put a little effort into this thread because your post seemed as though you had not really made an effort.

With some effort you would have realized that the PDF you refer to was not created by Dryclean, but rather posted here as a courtesy by him. It was created by a trader on another forum...not that hard to find really. And...
I do make a public apology for my short temper this evening. I should not have let my own personal problems get in the way of this or any other thread. I should not have stooped down to the level of name calling. Please accept my apology.

I was having touble putting all the stochs in the same window so was hoping for a template. No problem, I'll just move on.

thx,
todd
  • #29
  • Dec 22, 2008 7:08am Dec 22, 2008 7:08am
Darius, That's a zorro all right, but it sits exactly in the middle of a "line argument". According to the rules you should have passed on that one anyway, so you really didn't miss anything at all.
" Average traders look to the left, great traders look to the right."
  • #30
  • Dec 22, 2008 7:19am Dec 22, 2008 7:19am
Here's an alert which set up a short trade i just took for a quick scalp
Attached Image (click to enlarge)
Click to Enlarge Name: zorro alert.gif Size: 22 KB
  • #31
  • Dec 22, 2008 7:21am Dec 22, 2008 7:21am
Example of a NTZ no trade zone
very choppy I hate waiting through these

I'm using 7 shift 3 sma on the close the blue line
Randy talked about it not exactly sure what to look for with it
I was going to remove it less is better.
I still have the fxprime on there that will be the next to go I think


the HAMA indi has been helpful I may just use that as an in and out
I'm going to experiment with that one It seams to catch the zoros and chillis
I like the ipanel trend in the corner but I really don't want my screen getting too cluttered
I saw the original randy thread on TSD it was funny if you look at the first few post then look at the last it went from 2 lines on a chart to a psycho indi party lol I see that happening on almost every thread.


Just trying to keep true to the original set up plus adding the HAMA
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.GIF Size: 57 KB
  • #32
  • Dec 22, 2008 8:52am Dec 22, 2008 8:52am
I like the HAMA indi
look how it Identfied the zoro and ran down a nice 30 pip pick up also look how the fxprime missed it
ops gota go the hama just change color for a buy waiting for it to cross the D line(25 yellow)
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.GIF Size: 70 KB
  • #33
  • Dec 22, 2008 11:44pm Dec 22, 2008 11:44pm
I guess the HAMA are those red and blue little blocks on top of the HA candles. Great stuff with those 30 odd pips. Thks for sharing, shall use it to improve on the pips!
  • #34
  • Dec 23, 2008 3:14am Dec 23, 2008 3:14am
Here's the latest trade incorporating the HAMA!!
Attached Image (click to enlarge)
Click to Enlarge Name: zorro alert 2.gif Size: 21 KB
Attached File(s)
File Type: doc Forex Statement 23 Dec.doc   328 KB | 576 downloads
  • #35
  • Dec 23, 2008 10:44am Dec 23, 2008 10:44am
A perfect set up
Chilli pepper at the arrow
the next candle bull with the correct color tail across the pink line
30 pips and counting I jumped in 2 bars before the hama red turned blue just felt it was going that way
see how the fxprime missed the whole thing
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.GIF Size: 34 KB
  • #36
  • Dec 23, 2008 11:05am Dec 23, 2008 11:05am
Yes - perfect! Well done.

The other thing that made that a good trade was the bouce on S1. here is my current template.

Merry Christmas guys.

Cheers
CanuckCT

Quoting dryclean
A perfect set up
Chilli pepper at the arrow
the next candle bull with the correct color tail across the pink line
30 pips and counting I jumped in 2 bars before the hama red turned blue just felt it was going that way
see how the fxprime missed the whole thing
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 23 KB
  • #37
  • Dec 23, 2008 11:23am Dec 23, 2008 11:23am
The basic Randy Candles setup works great. I've added a BB MACD to my chart, not for entry, for to assess whether the price might start to trend after I have entered. The indicators are lagging behind the RC entry signal, which is expected. But it does give you some comfort after you enter the trade and the indicators start to fire and you get the lift from all those indicator systems!

As far as I know, the BB MACD can be used like this....the dots indicate price movement...and the lines indicate trending. So once the dot clears the blue line for buy and red line for sell, there is a chance it might start to trend a bit. The other thing is the zero line...price does seem to respect the zero line with the settings I'm using.

Cheers
CanuckCT
  • #38
  • Dec 23, 2008 1:16pm Dec 23, 2008 1:16pm
This is what you need to be looking for....alert candle should have a small body and both an upper and lower wick and should be very near passing through the 3SMA.

For a buy,
within the next candle or two you should see the candle with the color in the proper direction, and there would be no lower wick that is outside the bottom the candle.

For a sell,
within the next candle or two you should see the candle with the color in the proper direction, and there would be no lower wick that is above the top the candle.

The color of the body does not matter on the alert candle nor does the color of the wick. That is why I am posting an example of a red body and black candle as an alert for a buy.

That's my understanding.

See you next week.

Cheers
CanuckCT
Attached Images
  • #39
  • Dec 23, 2008 2:05pm Dec 23, 2008 2:05pm
CanuckCT
Could you post your bbmacd
I have it and set it like yours but not getting same look
thanks
have a good holiday
  • #40
  • Dec 23, 2008 2:17pm Dec 23, 2008 2:17pm
Here it is...I modified slightly for colors, line thickness, etc.
Cheers
CanuckCT
Attached File(s)
File Type: mq4 BB_MACD_CCT.mq4   4 KB | 900 downloads
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