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C4 Scalping

  • #5,621
  • Aug 7, 2009 2:19am Aug 7, 2009 2:19am
+5, -6 and +5 since the last chart...
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"The only successful substitute for brains is silence."
  • #5,622
  • Aug 7, 2009 2:28am Aug 7, 2009 2:28am
Another EJ this time +10, I was planning on taking 5 but it moved quickly so let it go.
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  • #5,623
  • Aug 7, 2009 2:34am Aug 7, 2009 2:34am
GBPUSD +20

Taking a break for a few days, no forex , no forums, no cellphones...
If C4 is still around when I am back??? Great.....

Have a super weekend.
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" Never let the past hold the future to ransom "
  • #5,624
  • Aug 7, 2009 2:39am Aug 7, 2009 2:39am
Quoting Gleneagles
GBPUSD +20

Taking a break for a few days, no forex , no forums, no cellphones...
If C4 is still around when I am back??? Great.....

Have a super weekend.
Have good break and thanks for the help Gleneagles
  • #5,625
  • Aug 7, 2009 2:43am Aug 7, 2009 2:43am
Quoting Gleneagles
GBPUSD +20

Taking a break for a few days, no forex , no forums, no cellphones...
If C4 is still around when I am back??? Great.....

Have a super weekend.
Thanks Gleneagles for your trades with C4(candlesticks,fossil method)

I will miss them while you are away. Most trades are on RENKO..
I use C4 to trade....

My modification is using Trix 7,1,1,1, C similar to Luckylady. (HIGHER TF Participation)

Have a well deserved break... I need it too.
  • #5,626
  • Aug 7, 2009 3:04am Aug 7, 2009 3:04am
Hey Irathi not sure i got you on this,are you saying you use the renko chart to get ur signal but then trade it on c4 chart?
Quoting lrathi
Thanks Gleneagles for your trades with C4(candlesticks,fossil method)

I will miss them while you are away. Most trades are on RENKO..
I use C4 to trade....

My modification is using Trix 7,1,1,1, C similar to Luckylady. (HIGHER TF Participation)

Have a well deserved break... I need it too.
  • #5,627
  • Aug 7, 2009 3:06am Aug 7, 2009 3:06am
Plan on posting screen shots of C4 as they happen.
1st trade of the day and first +5
As you can see PA has been down for a while, then retraced above MA only to continue its direction below the MA.
Attached Image
  • #5,628
  • Aug 7, 2009 3:16am Aug 7, 2009 3:16am
Irathi welldone, and I guess many owe you an apology.

This was one of the strangest scams I have come across here on FF.

TG the ass**** had so many brainwashed. Even though what ever she was saying was nonsense. She/he shared nothing useful. Just the same old stuff in a different disguise.
  • #5,629
  • Aug 7, 2009 3:35am Aug 7, 2009 3:35am
And another +5
posted as they come..
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"The only successful substitute for brains is silence."
  • #5,630
  • Aug 7, 2009 3:44am Aug 7, 2009 3:44am
I got that same +5 on my chart which looks almost like yours
So I am not going to post it.

Bruce
Quoting DXTrade
And another +5
posted as they come..
  • #5,631
  • Aug 7, 2009 3:51am Aug 7, 2009 3:51am
Quoting stunna29
Hey Irathi not sure i got you on this,are you saying you use the renko chart to get ur signal but then trade it on c4 chart?
No use C4 not NITRO.

Candlesticks not RENKO bricks.
  • #5,632
  • Aug 7, 2009 3:58am Aug 7, 2009 3:58am
Well guys...

have I nice weekend!
Stop thinking about forex, C4, Nitro... relax.
Go fishing, diving, sailing, horseback riding, have fun!
The better you will feel on Monday/Sunday for a new week.

I'm done as Fridays late (here) is bad for trading, NFP coming...
Get off of your charts. Starting from now it gets dangerous to trade..

Cya...
"The only successful substitute for brains is silence."
  • #5,633
  • Aug 7, 2009 4:01am Aug 7, 2009 4:01am
And another +5 had to wait a bit longer on this setup
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  • #5,634
  • Aug 7, 2009 4:28am Aug 7, 2009 4:28am
Quoting profundo
Trading with 5 pips target and 20 pips SL? A chart with 100% winning trades? Next step......a private site where you only pay $99 to get the strategy that makes you win 100% of the times?

People.........wake up.

Best Regards
SPAM!!!!!!!!!!
  • #5,635
  • Aug 7, 2009 4:29am Aug 7, 2009 4:29am
Quoting DXTrade
And another +5
posted as they come..


wo! Dxtrade

i like your chart !!!!!

would you put on your tp and indicators ????? thanks!
  • #5,636
  • Aug 7, 2009 4:40am Aug 7, 2009 4:40am
Quoting DXTrade
Well guys...

have I nice weekend!
Stop thinking about forex, C4, Nitro... relax.
Go fishing, diving, sailing, horseback riding, have fun!
The better you will feel on Monday/Sunday for a new week.

I'm done as Fridays late (here) is bad for trading, NFP coming...
Get off of your charts. Starting from now it gets dangerous to trade..

Cya...
Agree it is better to stay out until after the NFP but if the number is significant it could provide some lovely volatility during the US morning hours. We shall see .. if so, it will be good for the trigger finger practice.

Have a great weekend to those leaving early!
******************* I'd rather make money than be right.
  • #5,637
  • Aug 7, 2009 4:46am Aug 7, 2009 4:46am
Quoting Bam Bam
And another +5 had to wait a bit longer on this setup
From that chart it looks like you are waaiting for a significant pullback in trend from the trix indicator .. just touching the zero line doesn't count, right? Are you also looking for some closes above the ma line as well?
And last .. what would cause you to take a counter-trend move?
For example, in GU above, you would want trix to go positive, significantly, more than a couple of bars, then go negative again for a few bars,then return positive and obviously a close above the ma ... but would you be looking for anything else to signal a change in direction? Thanks for the clear chart.
******************* I'd rather make money than be right.
  • #5,638
  • Aug 7, 2009 5:05am Aug 7, 2009 5:05am
Quoting thecatpreach
As the scripts search for Account Balance (uses AccountBalance()), it uses the current account balance. Feel free to change this parameter for your own use to whatever you need. I just posted a script I found elsewhere written by a coder that I trust.

Best wishes

Dear thecatpreach,

Thanks for your answer.
I think, it will be better to calculate from equity. (for my trading style).
Thks & Rgd.
  • #5,639
  • Edited 7:43am Aug 7, 2009 5:16am | Edited 7:43am
Ended the week trading C4 with pretty good results, taking into account that I only look at charts for 2 hours max in the morning, as I am on extended holidays. But coming from the stocks and futures short-term trading arena, I have to get used to the fact that some trades can last what seems like an eternity at the time

I have also added two more pairs to trade to get closer to the actual C4 plan as per Edge s instructions. Have also halved my trading size today just to be cautious against possible negative combined effect of trading more pairs and pre-NFP PA. Still, overall +40 pips for today.

E/U +10, +10
G/U -15, +10
A/U -5, +10
E/J +10, +10

There is certainly a discretionary element regarding the exact time some of these trades are entered but again that is due to the 75% mental part (or more in my case since I am still training in the mechanics of C4) .

Glad to see that many fellow members are collecting pips as well !!
Regards
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  • #5,640
  • Aug 7, 2009 6:08am Aug 7, 2009 6:08am
Quoting Edgetrader
Taking the rest of the evening off to do some personal reflection.
Edge, don't let this get you down. You have a great strategy and ulitmately that is what this is all about. You are also doing a great job teaching it patiently. I would not have been so "gentle" with all the crap on this thread.

I used to help run an ISP (Internet Service Provider) and have had lots of experience with people on the 'Net not being who they claim to be. Great medium of communication, but the anonymity gives great rein to frauds and those who, for their own reasons, do the sort of drap that he/she/it was involved in.

They often create a lot of problems, but only because "we" allow it in that we take it to personally when their lie is found out.

Many a person has "fallen in love" with another in the "real" world, only to find later that they were liars, cheaters, abusive, or a myriad of other equally agregious things. It never reflects on the one deceived, unless once the lie is exposed, they continue to defend the liar.

Taking personal time to reflect is a good thing. Just don't take the betrayal personally. They would have, and indeed have betrayed many, many other people as well.

For those who want to wave the flag of self promotion for perhaps identifying this fraud early, don't wave it to highly as you have often suffered the exact same sort of betrayals in other areas of life as well.

The only thing really left is for those who want to trade your method Edge, is for them to shut up about it, stop with all the extraneous garbage that adds nothing to your efforts to teach this strategy, or go away and let this thread now mature.

Perhaps you could even ask Twee for a dramatic thread "clean up" in eliminating all the posts about this crap, including this one if needed.

Good job Edge. Shake it off and know that your efforts are appreciated by a great many.

Clay
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