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1 min Scalping with Randy Candles Resurrected

  • #121
  • Nov 23, 2009 11:17pm Nov 23, 2009 11:17pm
Canuck - nice trades and a VERY clean chart. Are you able to share your latest template and indicators when you have some time. Thanks.
  • #122
  • Nov 24, 2009 7:09am Nov 24, 2009 7:09am
I will after we get indicator sorted out...the very laterst version has a refresh issue...I've posted in programming section, hopefully will get some help.


The goal is to make the chart as clean as possible....with an aid to help with trend direction.

Cheers
CanuckCT

Quoting orientos
Canuck - nice trades and a VERY clean chart. Are you able to share your latest template and indicators when you have some time. Thanks.
  • #123
  • Nov 24, 2009 1:50pm Nov 24, 2009 1:50pm
CanuckCT

Have you been trading randy live . . . if so would you share your sucess

I've been demoing with mild sucess . . but just don't have the time to sit and watch a screen all day



Off subject
I associate you with the pic of you riding your bike
What is the deal with this pic ( I know it been up for awhile)
Looks like you just won or climbed a big hill
  • #124
  • Nov 24, 2009 2:01pm Nov 24, 2009 2:01pm
One well known trading method with JPY currencies is that the BOJ intervene on a daily basis here is a link about an ea doing well in regardshttp://www.forexfactory.com/showthread.php?t=204646
  • #125
  • Nov 25, 2009 12:34pm Nov 25, 2009 12:34pm
Quoting CanuckCT
I will after we get indicator sorted out...the very laterst version has a refresh issue...I've posted in programming section, hopefully will get some help.


The goal is to make the chart as clean as possible....with an aid to help with trend direction.

Cheers
CanuckCT
any posting for today canuckCT?
  • #126
  • Edited 3:40pm Nov 26, 2009 3:23pm | Edited 3:40pm
Quoting dryclean
CanuckCT

Have you been trading randy live . . . if so would you share your sucess
Yes...i trade it live and use it for my entry....I've had a few questions about exactly how I decide to enter because I do catch a number of moves...I'm trying to do a short PDF file to show how I use higher timeframes and then use RC for entry. It's been a busy week....I'll get to it.



Quoting dryclean
Off subject
I associate you with the pic of you riding your bike
What is the deal with this pic ( I know it been up for awhile)
Looks like you just won or climbed a big hill
The pic is me celebrating after a two day, tip-to-tip-to-tip charity bicycle ride accross Canada's smallest province. The pic is after 550km over two days...the ride is actually half of that...but to accommodate a wedding this year, we did it a day early with a fellow cyclist whose daughter was getting married...and then again the next day....can't wait to do it again next year.

Here are a few links....you'll see me in the Team Discovery jersey on the You Tube videos. I'm part of the organizing committee and we've grown the event from about 20 to over 100 cyclists in 5 years.....and just starting to gather momentum....raising over $10,000 annually for school breakfast programs and getting fit at the same time.

http://www.pei.bikingforbreakfast.com/

Inserted Video

Inserted Video

Inserted Video


there's a radio interview here...
http://www.pei.bikingforbreakfast.co...?limitstart=15

Cheers
CanuckCT
  • #127
  • Nov 26, 2009 7:19pm Nov 26, 2009 7:19pm
+25 on this trade.....first trade with a full lot...so not wanting to get greedy. Liking Gu for a longer term sell.
Cheers
CanuckCT

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  • #128
  • Nov 30, 2009 1:34am Nov 30, 2009 1:34am
Having stumbled across this thread by accident, I now can't stop myself from looking for these candles in everything I'me doing!!. heres a quick one from this morning on the 1 min.

regards

doc.
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  • #129
  • Nov 30, 2009 1:38am Nov 30, 2009 1:38am
very nice trade
  • #130
  • Nov 30, 2009 12:51pm Nov 30, 2009 12:51pm
This is the first trade i took. I scaled out my position..

comments would be helpful

http://i452.photobucket.com/albums/q...do2008/RC1.png
  • #131
  • Nov 30, 2009 3:06pm Nov 30, 2009 3:06pm
Quoting Dr.Scalpall
....I now can't stop myself from looking for these candles in everything I'me doing....
Yup...me too.
Cheers
CanuckCT
  • #132
  • Nov 30, 2009 9:55pm Nov 30, 2009 9:55pm
Quoting CanuckCT
Yup...me too.
Cheers
CanuckCT
Hi CanuckCT
I'm still waiting for you to post your template and rule you follow thanks
  • #133
  • Dec 2, 2009 1:52pm Dec 2, 2009 1:52pm
Sorry about that...I have been distracted on a project....and trading and busy at work....so my time here will be limited for a bit. I will get to this.
Cheers
CanuckCT

Quoting hoichoi
Hi CanuckCT
I'm still waiting for you to post your template and rule you follow thanks
  • #134
  • Dec 3, 2009 1:50am Dec 3, 2009 1:50am
Here you go this mornings trade? Price retraced hit stop so out clean with profit. Initial sl was tight at 50.
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  • #135
  • Dec 3, 2009 1:58am Dec 3, 2009 1:58am
2nd trade unfortunately hit stop soon after... suggestions as to what could I have done to improve this decision please. Thx
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  • #136
  • Dec 4, 2009 12:36am Dec 4, 2009 12:36am
Quoting Unclebob
2nd trade unfortunately hit stop soon after... suggestions as to what could I have done to improve this decision please. Thx
first: where are randy candles .
second: better to take decisions from 5 min chart
third: good entry was for GU at 6680
fourth: b4 any trade with randy candles better to understand if it is trend or not (hourly and 5 min)
fifth if it is reversal/continuation situation aka flat zone it is better to understand is it worth to try or it is better to wait until market reveals itself
it's o'k to win ...
  • #137
  • Dec 4, 2009 1:27am Dec 4, 2009 1:27am
first: where are randy candles .

Ha, my bad. I started using a tickerline and was watching the HAMA do its wave thing than concentrate on candles.

second: better to take decisions from 5 min chart
Is that because the noise is more filtered?? The original postings are for 1 min charts. Happy either way so long as I can develop good trading practices

third: good entry was for GU at 6680
I did catch that one but didn't post it as I was more interested in fixing/improving on the broken trades

fourth: b4 any trade with randy candles better to understand if it is trend or not (hourly and 5 min)
I understand that but thought that the FXPrime indicator at the bottom of the page showed that? Can someone recommend a better trend indicator?

fifth if it is reversal/continuation situation aka flat zone it is better to understand is it worth to try or it is better to wait until market reveals itself
In essence this method like many here works in trending markets?

Thank you for your help and advice. Have adjusted my charts and will post my next trades. All help, advice or criticisms welcome.

So learning from you mate... this morning would the signal, entry and stop loss been ok on this??
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  • #138
  • Dec 4, 2009 1:52am Dec 4, 2009 1:52am
fourth: b4 any trade with randy candles better to understand if it is trend or not (hourly and 5 min)
I understand that but thought that the FXPrime indicator at the bottom of the page showed that? Can someone recommend a better trend indicator?

One needs trend lines and TL break. Please do not play TL break as it is . TL break forms especially on hours Flat Zone
Only Sharp moves could make immediate breaks it is rare situation



fifth if it is reversal/continuation situation aka flat zone it is better to understand is it worth to try or it is better to wait until market reveals itself
In essence this method like many here works in trending markets?

It is much easy to play with trend than against it.


Thank you for your help and advice. Have adjusted my charts and will post my next trades. All help, advice or criticisms welcome.

So learning from you mate... this morning would the signal, entry and stop loss been ok on this??[/quote]

[COLOR="rgb(153, 50, 204)"]where are randy candles

I would enter at 6637 after yellow line break but it is Hourly TL Break and 5 min break was so i stay away[/color]
it's o'k to win ...
  • #139
  • Dec 4, 2009 11:06am Dec 4, 2009 11:06am
Hi Guys n' Gals,
I've been working with this combo of the CCI set at 14 and Stoch's set at 8,5,3 and have found it gives a nice heads up along with PA.
I've included both a 4h and a 1m chart for examples.
Notes make it self explanatory. Seems to help reduce risk.
Give it a demo on multiple TF's and let us know if it helps or not.
Trade well, trade with the trend.
Cliff
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I get exercise just pushing my luck
  • #140
  • Dec 8, 2009 4:16am Dec 8, 2009 4:16am
Quoting cce
Hi Guys n' Gals,
I've been working with this combo of the CCI set at 14 and Stoch's set at 8,5,3 and have found it gives a nice heads up along with PA.
I've included both a 4h and a 1m chart for examples.
Notes make it self explanatory. Seems to help reduce risk.
Give it a demo on multiple TF's and let us know if it helps or not.
Trade well, trade with the trend.
Cliff
Can I have the template of your CCI Stochastic indicator? Looks interesting.I'm still testing on demo of randy candles and it's very very very interesting.

Thanks in advance,


Nomnom
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