DislikedGreat Document Melpheos~ thanks
Not trying to start any controversy but I find the CCI attached here acts as a nice filter!Ignored
- #641
- Mar 26, 2007 9:43am Mar 26, 2007 9:43am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
- #644
- Mar 26, 2007 9:56am Mar 26, 2007 9:56am
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
- #647
- Mar 26, 2007 12:09pm Mar 26, 2007 12:09pm
- Joined Nov 2006 | Status: Because they DO exist... | 424 Posts
Btw...many thanks to Boxingislife and all who are contributing here! This method has a very solid "feel" to it which gives me confidence. I'm continuing to follow along and practice picking out the signals and will be forward demo testing this as I feel more confident. But so far, 
- #648
- Mar 26, 2007 12:54pm Mar 26, 2007 12:54pm
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
Hey folks,
I've been reading this thread and trying to get a handle on reading the signals. I think I have it, but of course, there are many other factors that may affect whether or not you should take any particular entry you might see.
I wanted to post my chart for the GY last night and see if you folks agree with what I'm seeing. I did not trade these, but I marked my potential entries with vertical red lines. The last one I'm kinda "iffy" about since the south run of the 5 stoch was caused by the USD New Home Sales news report. I'm also thinking that the return of the 5 stoch northward may take awhile since we are now heading into the afternoon NYSE session time. Perhaps it will resume and continue upwards when the Aus-Asian session comes back online?? Any thoughts?
http://www.creations4christ.com/fore...al%20maybe.gif
The first signal would have netted you 40-50 pips in about 1 hour....the second signal was about 100 pips in about 4 hours....sweet!
- #650
- Edited 1:19pm Mar 26, 2007 1:09pm | Edited 1:19pm
- Joined Nov 2006 | Status: Because they DO exist... | 424 Posts
Here's the thread and I've attached the files to this post:http://www.forexfactory.com/showthread.php?t=19293
The "FF Cal v03 Window" file version has a shift function to allow the data to be posted into a second data window, such as a stoch or MACD window.
Enjoy!
EDIT: Just added the FF Cal v04a file which someone modified to show the times in hours and minutes till news....not just minutes. Cool!
- #651
- Edited 2:23pm Mar 26, 2007 1:20pm | Edited 2:23pm
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
Thanks Pipskater, i haven't seen this thread until now 
Having the time in hours/minutes is a great improvement
Here is the indicator i use for SMA/EMA cross signal
have a look on GBPYEN H1
edit : up 30 pips since the signal
Having the time in hours/minutes is a great improvementHere is the indicator i use for SMA/EMA cross signal
any one see anything formating now? Because my newbie eyes aint seeing
edit : up 30 pips since the signal
- #652
- Edited 2:44pm Mar 26, 2007 1:25pm | Edited 2:44pm
- Joined Nov 2006 | Status: Because they DO exist... | 424 Posts
any one see anything formating now? Because my newbie eyes aint seeing
EDIT: Ok, I decided to take the GY long trade after much debate. The signal turned good after some consolidation so I pulled the trigger.
- #653
- Mar 26, 2007 2:43pm Mar 26, 2007 2:43pm
- Joined Nov 2006 | Status: Because they DO exist... | 424 Posts
Ok, after I saw the 5 stoch on the GY begin to round the corner, slowly but surely, I decided to take this long trade. I entered a bit late at 232.22, but that was for a bit of insurance.
At this point, I'm 30+ pips to the good side, brought my SL up to +10 and I am trailing the stop at 10 pip increments with a buffer of about 24 pips. I don't actually trade on the MT4 platform, but I do love the charts and the abundance of indicators and tools available.
So, I got 10 pips locked in and will ratchet up another 10 as this move goes on. Nothin like money in the bank! Thanks again for this very cool system!
Here's my current chart:
http://creations4christ.com/forex/long%20gy%20stoch.gif
At this point, I'm 30+ pips to the good side, brought my SL up to +10 and I am trailing the stop at 10 pip increments with a buffer of about 24 pips. I don't actually trade on the MT4 platform, but I do love the charts and the abundance of indicators and tools available.
So, I got 10 pips locked in and will ratchet up another 10 as this move goes on. Nothin like money in the bank! Thanks again for this very cool system!
Here's my current chart:
http://creations4christ.com/forex/long%20gy%20stoch.gif
- #654
- Mar 26, 2007 2:52pm Mar 26, 2007 2:52pm
nice work. that one would have made me a little nervous, though, with the 50 and the 20 pointing down like that.
Ok, after I saw the 5 stoch on the GY begin to round the corner, slowly but surely, I decided to take this long trade. I entered a bit late at 232.22, but that was for a bit of insurance.
At this point, I'm 30+ pips to the good side, brought my SL up to +10 and I am trailing the stop at 10 pip increments with a buffer of about 24 pips. I don't actually trade on the MT4 platform, but I do love the charts and the abundance of indicators and tools available.
So, I got 10 pips locked in and will ratchet up another 10 as this move goes on. Nothin like money in the bank! Thanks again for this very cool system!
Here's my current chart:
http://creations4christ.com/forex/long%20gy%20stoch.gif
Life is too short to have anything but delusional notions about yourself.
- #659
- Mar 26, 2007 3:29pm Mar 26, 2007 3:29pm
Although the pullback wasn't huge, that's not a bad set up. Nice separation on the 20 and 50 and they are both showing nice angle upward. My opinion of course. 
was this setup good for eur/jpy
Life is too short to have anything but delusional notions about yourself.
- #660
- Mar 26, 2007 4:08pm Mar 26, 2007 4:08pm
- Joined Nov 2006 | Status: Because they DO exist... | 424 Posts
was this setup good for eur/jpy
We all have different risk tolerances, but it sure does make more sense to be patient and wait for the very best setups...cuz even with the best, we can still lose.
I need to practice what I preach...