F4's Journal

Hi blanca,f4m,
Do you all use higher TF like 5m to determine entry on M1? Or just look for the bounce on M1 to enter? I always have this problem determining which bounce is valid and in line with higher TF. Appreciate all your advice. Thanks.

Regards

I tend to focus on the chart before me. if I'm trading 1min bounces, I'm focused on the 1 min chart. If markets moving nicely i'm looking at the 5m charts more for bigger trades. But 85% of my time i'm on the 1min chart looking for set ups

Demonstrating trade

That was the only trade i saw this morning, previous to that was messy lets see how ny developes.

Pip n run on the EUR/USD.

Every time the stoc broke 23.6 I got back in even though the CCI didn't retrace to near 0. Got back out when the stoc came back over 23.6.

Love the 23.6 level on the stoc as it gives alevel of confidence in the move.

It may go again as I write.

Regards
Lloydy

The 9EMA has now broken the 20SMA so we may now see the end of the downside move. Also we reached a round number level of 1.3650.

We will see.

Regards
Lloydy

Should read 1.3450

Sorry
Lloydy

Broke again but no follow through - out for a 1 pip loss as the stoc broke over 23.6.

Lloydy

Here we go again CCI breaks -100 and stoc breaks -23.6, another run down.

Lloydy

+15 still back testing.

It's been a very busy, pretty much life changing week for me. But I will be trading next week. If I can focus lol(focus went out the window when somebody walked into my life) and also know with the Long Beach Grand Prix coming in 3 weeks I have lots to do for the race and will be away from the charts that whole week. But I'm here, lurking in the background, just haven't been able to spend as much time before my charts as I would like. Last week was good for the small amount of time I was in front of the computer. I took advantage of a few were nice solid bounce trades and then hit quite a few small rangy trades for 7 to 15 pip scalps. A few of you are really starting to get a feel for the set up and how to take advantage of those high probablity trades that can show up over and over. I even saw somebody jump into a nice move and hit that same move over and over on the stoch turns( The reason I added the stoch in the beginning). Some of my most satisfying trades are when I get a nice entry, then add to the position over and over when she gets trending. If the market opens up and gets moving well, those trades can become very significant. But when the market is ranging I'm very happy to bank my pips and look for the next entry. Great job everybody

it is nice to see you F4, i hope you enjoy your race, i was watching the charts and would you recommend certain trading hours or do you think it could work all the time, any session?


Today london was extremely slow, i just saw one signal, short eurusd 1.3153 15:44 hrs, for 17 pips.

I mainly trade 1 hour before threw 1 hour after the jpy open, 1 hour before threw 2 hours after london open and usd open for a few hours

Today we had a better day,

so far 2 clear signals, this is the second one.

Blanca could you post your template plase?

thanks

Sure,

It is formed by the JAZZ template from fx50 thread and the indicators used here, that way it looks very clear.

You need to upload the indicators like ribbons, etc in that thread and the ones that appear here.

The signals today

1.-+10
2.- -5
Then the previous long to this short trade i put, but if you see it is inside the ribbons with a big resistance there and pivot in the face so if you took it it was a +13 , i did not take it.
3.- it is still open with +35

Here i add the indicators but also check the jazz template in the other thread and add them all carefully because if one is missing it wont work properly

Hi
I'am new to this thread can anyone tell me the entry rules with this system?
Thanks

http://www.forexfactory.com/showpost...&postcount=499

i am starting trading this method in my own way : here is the workspace :

* 150 ema
* 34 ema of high and 34 ema of low, i call it "the chanel"
* cci 89 and cci 21
* 1 minute heikin ashi candles

for a short trade :

1 ) find the trend : 34 chanel is under 150 ema and cc89 is negative : i am looking for short only

2) wait for a pullback : prices go back up to 34 chanel, cci 21 go up to 0 or above, cci 89 remains negative during the pullback

3) the trigger : cci 21 hooks down and is under 0 (prices are are going down again after the pullback, heikin ashi candle is red , i sell the down break of this candle.

i post a chart of the euro this morning.

I live in france and speaks french so excuse me for the poor english, by the way if any of you lives in france let's get connected don't hesitate to contact me, I live in the south of france and often travels to paris.

good trades to everyone !