ICCE. Bemac's Fib. Reverse Engineered | Page 34 | Forex Factory

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ICCE. Bemac's Fib. Reverse Engineered

  • #661
  • Jul 28, 2009 12:02pm Jul 28, 2009 12:02pm
EURUSD 15M again with ICCE and EURUSD 5M with THV3 Pivots and psychological levels.
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  • #662
  • Jul 28, 2009 1:01pm Jul 28, 2009 1:01pm
I have that one in my eyeballs as well but I'm afraid that it will take some more days to break out of the range.

Other: to which direction?

Some traders say that fundamentals talk for a break of 1.43 but I suck in funnamentals and see a possible double top.

Time will tell, at the moment I'll watch it from the sidelines and scalp the 1 and 5M waves.

Quoting TradeWell
EU daily channel I am observing.
  • #663
  • Jul 28, 2009 1:17pm Jul 28, 2009 1:17pm
Cob and TW, Bemac, etc - what do you make of this view of the EU? I am taking a very different slant on the channel altogether. I always appreciate hearing your advice and thoughts.
Attached Image (click to enlarge)
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I'm pretty much done with all this ...
  • #664
  • Jul 28, 2009 1:28pm Jul 28, 2009 1:28pm
Quoting StoragePro
Cob and TW, Bemac, etc - what do you make of this view of the EU? I am taking a very different slant on the channel altogether. I always appreciate hearing your advice and thoughts.
I have noticed that most of you typically use many candles (more than 15-20) to set your channel whereas I tend to use less. I can't say yours or mine is right or wrong - it is an art and we all see things differently.

As Bemac would say, the bottom line is: Does it increase your Cargo?
  • #665
  • Jul 28, 2009 1:30pm Jul 28, 2009 1:30pm
Quoting cobraforex
Other: to which direction?...
I try NOT to answer that question because it is more important to know how much it will move, when it moves.
  • #666
  • Jul 28, 2009 1:39pm Jul 28, 2009 1:39pm
Quoting TradeWell
I try NOT to answer that question because it is more important to know how much it will move, when it moves.
But - your Avatar is an Owl...
I'm pretty much done with all this ...
  • #667
  • Jul 28, 2009 1:40pm Jul 28, 2009 1:40pm
Very interesting SP.

I didn't see it that way but I would say it's a perfect ICCE box.

I'm gonna copy it to observe future PA.


Quoting StoragePro
Cob and TW, Bemac, etc - what do you make of this view of the EU? I am taking a very different slant on the channel altogether. I always appreciate hearing your advice and thoughts.
  • #668
  • Jul 28, 2009 1:42pm Jul 28, 2009 1:42pm
But for a successful trade it's important also to know when, where and with how much to enter.

Quoting TradeWell
I try NOT to answer that question because it is more important to know how much it will move, when it moves.
  • #669
  • Jul 28, 2009 1:43pm Jul 28, 2009 1:43pm
This?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 1min 10.gif Size: 56 KB


Or This?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 1min 11.gif Size: 57 KB


Think about it. You only need an edge. Preferably a blunt one.

Both pics are telling the same story... but from different perspectives.
  • #670
  • Edited 2:27pm Jul 28, 2009 2:02pm | Edited 2:27pm
Bemac

I think I have found a clue.

I was Fibbing the old way - high to low (and vice versa) and then trying to work out why I couldn't find any channels at the 50% level.

If I understand this post (and image) I find a channel, throw a Bemac Fib on screen and get the 47 & 52 to encompass the channel. Yes? No?

If so, which of all the Bemac Fib tools is currently 'state of the art'?

BTW: I'm on post #130 atm. I don't want to skip the rest of the thread but it would help if I could demo this with the correct tool. I can add the diagonals later once I understand the Fib side of it.

http://www.forexfactory.com/showpost...&postcount=130
  • #671
  • Jul 28, 2009 2:18pm Jul 28, 2009 2:18pm
Hi Peter

Most of us are using the ICCE V3 which you find posted in the developement thread.

BTW: You got it, the 47 - 52 envelopes the ICCE box (channel)

Quoting PeterFM
Bemac

I think I have found a clue.
  • #672
  • Jul 28, 2009 2:25pm Jul 28, 2009 2:25pm
Yahoooo! You got it.

Old dogs not only learn new tricks, but they usually do them better too! (looking forward to seeing that so I can learn more!)

Quoting PeterFM
Bemac

I think I have found a clue.

I was Fibbing the old way - high to low (and vice versa) and the trying to work out why I couldn't find any channels at the 50% level.

If I understand this post (and image) I find a channel, throw a Bemac Fib on screen and get the 47 & 52 to encompass the channel. Yes? No?

If so which of all the Bemac Fib tools is currently 'state of the art'?

BTW: I'm on post #130 atm. I don't want to skip the rest of the thread but it would help if I could demo this with the correct tool. I can add the diagonals...
I'm pretty much done with all this ...
  • #673
  • Jul 28, 2009 2:29pm Jul 28, 2009 2:29pm
Quoting cobraforex
Hi Peter

Most of us are using the ICCE V3 which you find posted in the developement thread.

BTW: You got it, the 47 - 52 envelopes the ICCE box (channel)
Point me at it, there are so many threads for this stuff I'm struggling to remember which one I'm on (it's an age thing ).
  • #674
  • Jul 28, 2009 2:47pm Jul 28, 2009 2:47pm
I hope Bemac don't mind but I think it's a good idea to post it here:

Bill, should I make a video how to use the ICCE indicator?
Attached File(s)
File Type: mq4 ICCEv3.mq4   36 KB | 512 downloads
  • #675
  • Jul 28, 2009 2:57pm Jul 28, 2009 2:57pm
Quoting cobraforex
I hope Bemac don't mind but I think it's a good idea to post it here:

Bill, should I make a video how to use the ICCE indicator?
Yes Yes Yes Yippeeeeeeeeeee

Give a man a fish blah, blah blah......
  • #676
  • Jul 28, 2009 2:59pm Jul 28, 2009 2:59pm
Ok, I'll promise that for thursday if you don't mind, I have some meetings today and tomorrow but in case that I find sparetime between them I have it done for tomorrow.

Quoting PeterFM
Yes Yes Yes Yippeeeeeeeeeee

Give a man a fish blah, blah blah......
  • #677
  • Jul 28, 2009 3:56pm Jul 28, 2009 3:56pm
Quoting cobraforex
I hope Bemac don't mind but I think it's a good idea to post it here:
You have never done me wrong & I have no reason to expect anything but excellence.

Quoting cobraforex
Bill, should I make a video how to use the ICCE indicator?
In the words stolen from "My Fair Lady" ...

Wouldn't it be luverly
  • #678
  • Jul 28, 2009 3:56pm Jul 28, 2009 3:56pm
Now just gotta find out how to make money with it

---------
Attached Image
  • #679
  • Jul 28, 2009 4:04pm Jul 28, 2009 4:04pm
Quoting PeterFM
Now just gotta find out how to make money with it

---------
Well, you could sell it on EBay, although I certain Bemac would just shit.

have some fun looking for and defining channels. watch what price does around the fibs.
I'm pretty much done with all this ...
  • #680
  • Jul 28, 2009 4:06pm Jul 28, 2009 4:06pm
.....

Quoting StoragePro
Well, you could sell it on EBay, although I certain Bemac would just shit.
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