Time Cell Trading

Wellcome FXtrader!
Be aware some points, please before beginning to read the TCT trading system below.

Radical acceptance is a key mental strategy for coping with market uncertainty. Many traders make the mistake of thinking they can control the markets. Nobody can control the markets. We must learn to accept anything that comes our way and to trade accordingly. Adopt the attitude that trading is a journey and that all we can do is go where the markets take us. Another thing you can do is to make sure you have a life. Trading can be addictive especially when you are winning. Do not put all your emotional eggs in the trading basket. You need to have other roles that give your life meaning and purpose. By defining your identity in a variety of ways, you will not place un-natural importance on trading events. Therefore, you will be able to take losses in stride and look at your trading more objectively. Might be better also, to accept your limitations and work around them, ...and become a winning trader. Possibly, write out your trading plan with precise entry and exit points and as well important, test your system on paper and when confident test in real time with the minimum contract size. You will have losing trades, accept them with grace and go on to the next trade.
So you need to make sure your trading system fits your trading personality; otherwise you will find it hard to follow it. Every trader has different needs and goals, thus there is no system that perfectly fits all traders. You need to make your own research on various trading styles and technical indicators until you find a concept that perfectly works for you. Make sure you know the nature of whatever technical indicator used.

May be Time Cell Trading could something for you by finding several trading systems or strategies that suits your life - not the other way around!

Now let us speak the topic.

Time Cell Trading (TCT) is a manual trading strategy. Trades could be triggered within different time frames and can used in ranging and in trending markets. TCT has used since 2004. You can use Time Cell Trading strategy only by using the CCI(14) tops and bottoms in combination with the price action (e.g. engulfing patterns, hammers, shooting stars, in bars). It's simple and efficient! If you will get other arguments more, so look at the extreme points at murrey math or/and at the pivotal points. The EMA lines will show you apart from price action momentum and if there is either a trending environment or a ranging market.

So let's show you the indicators and then a few examples (see "Trade Examples").

Indicators
- CCI (14)* & RSI (14)
- Murrey Math*
- Pivot Points*
- Bollinger Band
- EMA 10 (9), 20, 50 (55), 100 (120), 200

Optional: Price action*, trendlines*, Fibonacci

*Preferred Indicators

Also I have some simple exponential moving averages e.g. EMA10 & EMA20 to give me clues on the strength of a trend and the likelihood of mass traders entry, also an EMA 200 as a long term moving s/r.

Currencies: all (& commodities)

Time Frames: all

Indicators & Templates:
See attachment, p.1, #1, please.
Divergence: p.16, #235; p.16, #236.
Murrey Math MT4 VG, 2010.mq4: p.16, #228.
Time-Cell-Trading with murrey math-blue lines.tpl, p.16, #228

Additional trades are published under "Trigg's Time Cell Trading":
http://fxbookies.com/viewtopic.php?f...bc33c880649f93

Variety of topics
Add-up positions - how to add-up the positions! see p.12, #175; p.13, #195; p.14, #196 ; AUDCAD/H1, p.16, #226 ; EURGBP/H4, p.17, #241;
CCI - How strong could be the arguments if you trade to the exclusion of CCI tops & bottoms? see EURUSD/H1, p.19, #271; EURUSD/H4, p.19, #272; GBPJPY/H1, p.19, #273 & #274; SGDJPY/H4, p.19, #284; EURAUD/H1, p.20, #296; NZDUSD/Daily, p.31, #465;
Constructive inputs to make TCT more efficient - "bit9ret" p.25, #371; p.25, #375 ; "yuhanimi" p.31, #453; p.31, #460; "mrhb30jr" 's in depth analysis continued from page 32;
Critiques - p. 5, #66, #67, #73; p.6, #80; p.23, #337 ;
False Signals - How to read false signals in a right way? USDCHF/Daily, p.18, #260;, EURUSD/H4, p.21, #309; EURUSD/M5, p.78, #1170;
Market Tip* - USDCHF, p.4, #49 (Result #118, #130); EURCAD, p.4, #50 (Result #277); USDDKK, p.4, #52;(Result #280); CADCHF, p.4, #55 (Result #131); EURCHF, p.7, #101 (Result #281); USDJPY, p.11, #152 ; CADJPY, p.11, #155 (Result #282); NZDJPY, p.15, #211 (Result #823); EURCHF, p.15, #223; USDCHF, p.18, #261; CADJPY, p.18, #269 (Result #702); EURAUD, p.20, #295; EURJPY, p.24, #358 (Result #695); XAGUSD, p.26, #386; EURUSD, p.26, #389;USDMXN, p.27, #393; USDJPY, p.28, #416 (Result #696); GBPJPY, p.28, #417 (Result #701); USDCHF, p.28, #418; Crude Oil, p.28, #419 (Result #605); AUDJPY, p.29, #421 (Result #697); AUDCAD, p.29, #423; EURAUD, p.32, #467; NZDUSD, p.38, #562; GBPLFX, p.40, #599; USDLFX, p.41, #601; GBPCHF, p.41, #602; EURAUD, p.41, #611; EURUSD, p.42, #621; AUDUSD, p.44, #657; EURAUD, p.45, #665; USDCAD, p.45, #667; Crude Oil, p.47, #705; XAGUSD, p.48, #712; EURUSD, p.49, #725; USDLFX, p.51, #764; and so on...
Multiple Time Cell Trading - p.62, #922; EURUSD, #923; EURJPY, p.62, #926; EURUSD, p.74, #1100-#1101; EURUSD, p.75, #1112;
Non-Stop-Loss-Concept - Trading without stop-loss, p.20, #288; p.35, #517; p.104, #1547;
Range Bound Trading: p.77, #1144; p.81, #1208; p.86, #1280;
Trade Examples - EURJPY/M1, p.1, #2; EURJPY/M5, p.1, #3; EURJPY/M15, p.1, #4; EURJPY/H4, p.1, #5; USDCHF/Daily, p.1, #13; USDCHF/H4, p.1, #14; USDCHF/H1, p.1, #15; USDCHF/H4, p.4, #49; CADCHF/H4, p.4, #55; GBPJPY/M5, p.17, #242; GBPJPY/H1, p.17, #243; GBPJPY/H4, p.17, #244; GBPJPY/Daily, p.17, #245; USDCAD/M5, p.18, #259 ; EURUSD/H1, p.19, #271; EURUSD/H4, p.19, #272; GBPJPY/H1, p.19, #273; GBPGPY/H1, v2, p.19, #274; USDCAD/Daily, p.22, #321; EURJPY/M1, p.25, #368; NZDUSD/H4, p.31, #464; EURAUD/H4, p.33, #484; EURJPY/H4, p.42, #623; USDCAD/Daily, p.45, #668; AUDUSD/H4, p.77, #1150;
Trading the Top and Bottoms of CCI(14), p.77, #1142; p.82, #1216; p.83, #1241; p.84, #1237; p.86, #1276; #1278;
Trading the Top and Bottoms of CCI(14) + "i-FractalsEx", p.84, #1246; #1247; #1259; #1260;
Trade Examples with Price Action - EURJPY/M15, p.26, #380;


Market Tip*: In Forex we don't have the burdon of financial statements by itself. However, we can still analyze a currency's condition (strength or weakness) based on a number of factors. Combined, these give us a better indication of a particular trade's worthiness. If you insist upon predicting future movement (and I wish you wouldn't), you should be familiar with a minimum: (1) The currency's behavioral characteristics, say how much does it move (hourly?, daily?, weekly?), does it moves abruptly?, graduelly?, does it spike?; then (2) the economies of the currency pairs (strong?, weak?, budget deficits or surplius?); (3) The general market trend (up, still, down); (4) where the current market price is relative to today's movement, yesterday's-, last week's-, last month's-; (5) how do the microcharts (M1, M5, M15, M30, H1) relates to the macro- (4h, daily, weekly, monthly); and so on. Market Tip to connoted as trade examples - these are trades how I would like to realise it in the given market situation so to say a display windows of some of my trades.

Forex Articles & Links:
Advanced Forex Trading: E-Books, p.69, #1027;
Articles & E-Books, Forex Strategies - Links, p.93 #1395; p.94, #1396; #1397; #1398; #1401;
Bollinger Band: What does BB mean?, p.33, #488; #489; p.33, #491, #492; p.108, #1619;
Broker Reviews and Ratings, p.85, #1269; Broker Tricks and Scams, p.85, #1266; #1268; #1270; et seq.;
Calculator: Position Size Calculator, p.40, #586; Pip Value Calculator, p.40, #587; Risk and Reward Forex Calculator, p.40, #588;
Commodity Channel Index (CCI), p.30, #440; p.30, #441;
Counter-Trend Trading, p.63, #945; p.64, #947; p.64, #953;
Currency Index, p.91, #1351;
Fundamental-Analysis: Five Key Factors that Move the Forex Markets - and How to Profit from Them, p.64, #960; p.65, #961 - #966;
Indicators (MT4/MT5), p.85, #1263; #1264; Free Download MT4 Indicators, p.100, #1497;
Moving Averages as the Basic Indicator at Forex, p.29, #431; #432;
MQL4: p.70, #1044;
Multiple Time Frame Analyses, p.62, #918; p.63, #932;
Is It Possible to Trade Forex on a Part-Time Basis with Success?, p.31, #458;
Price Action: The Perfect Forex Trading System, p.33, #482; What is Price Action?, p.33, #485, #486; p.81, #1206;
Psychological Articles & Mental Aspects, p.97, #1444; #1445; #1446; #1447 et seq.; p.99, #1485;
Risk- and Money Management, p.34, #509; #510; p.35, #515; #520, #521, #522, #523, #524; p.35, #528, #529, #530, #531, #532, #533; p.39, #578, #579, #580, #581, #582, #583, #584; p. 65, #971, #972, #973, #974; p.66, #976;
Money Management Forex E-Books, p.69, #1025;
Trend or Range-Bound Market: Should You Be Trading Trend Or Range?, p.65, #968; The Trend/No-Trend Paradox, p.69, #1032; Detecting and Trading the Range-Bound Market, p.77, #1145; Range-Bound-Market (& Trading Systems), p.101, #1503;
Six Steps to a Rule-Based Forex Trading System, p.73, #1086;
Standard Deviation: p.107, #1593 et seq.; Standard Deviation - Why it's so important for Forex Traders, p.107, #1597;
Volatility - p.102, #1523; 5 Steps for Trading in Forex Market Volatility, p.102, #1524; Volatility Indicators, p.102, #1525;

Interest of quality
Keep in mind, please that junior members & members have to wait to post their commentaries until they have make 100 comments at FF., please. Also I do not wish to participate in any ego-measuring contest, babysitting, or downright arguments. No need to prove myself to anyone. What is offered is what you will get if accepted as is. I will give everybody an answer who shall like to talk on amicable terms and in a cheerful mood.

If you have good ideas for a practical chance of taking profits you are gladly invited to publish your constructive comments on this board.

Good Luck!

Kindest regards!
Forexcube

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Closed Accounts:
Accounts will be normally closed when 100% is reached or after 1 month (or at total loss).
Demo Account: Acc.no.: 251641, Deposit 250'000.-$, 2011 January 13 - 2011 February 11; Equity: 432'851.88, Profit: +182'851.88$, History File, see p.108, #1615, please, over 70% Profit within one month.
Demo Account: Acc.no.: 246400, Deposit 25'000.-$, 2010 December 30 - 2011 January 06; Equity: 53'739.25, Profit: +28'739.25 $ ,
over 100% Profit within 10 Days, see History File, p.90, #1347, please.
Demo Account: Acc.no.: 230288, Deposit 50'000.-$, 2010 November 18 - 2010 December 13, Equity: 101'405.33$, Profit: 51'405.33$ , over 100% Profit within 1 month, see History File, p.78, #1163 , please.
Demo Account (high risk): Acc.no.: 1946191, Deposit: 25'000.-$, 2010 July 15 - 2010 August 10 , Equity + 86.812.55$, Profit: + 61'812.55$ , over 200% Profit within 1 month, see attachment #197, please.
Demo Account (high risk): Deposit: 5'000.-$, Beginning Date: 2010 August 13 - August 24, Loss -4'996.76$. Demonstration purposes, see #343.
Demo Account (high risk): Acc.no.: 7798141, Deposit: 10'000.-$, 2010 August 31 - 2010 September 15 , Equity + 20.477.40$, Profit: + 10'477.40$, over 100% Profit within 2 weeks, see attachment #653, please.
Demo Account (high risk): Deposit: 5'000.-$, Beginning Date: 2010 November 05 - November 12, Equity: +20'446.29$; Profit: +15'446.29$, over 300% Profit within 7 days, see attachmen p. 53, #793, please;

Total Profit (Closed Accounts from 2010 November 05 - December 13): 134'144.81$

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Trading the CCI(14) tops & bottoms with price action (e.g. in bars, engulfing patterns, hammers, shooting stars)


2011 February 13.
It's time to say Good-Bye!
Enough has been said!
I wish you Success & Happiness!
FXcube

EURJPY, M1

EURJPY, M1
Sell & Buy Signals:
Sell at CCI (14) peaks over 200 or at the RSI tops and buy at valleys under 200 closed by pivot points or murrey math lines.

Minus:
M1 trading will give you a lot of false signals, so may be it's better to favorite more a global look, e.g. at M5 and M15 when scalping at M1.

EURJPY, M5

Divergence:
Look at the CCI (14) divergence between 12:30 and 12:55 (GMT +1) and sell at the descending peak, where the candle hits the EMA 100 (Point 2).


Preferred trades:
(1) Enter Long, (2) Exit & Enter Short, (3) Exit & Enter Long, (4) Exit

Range trading:
18:15 - 22:55 (GMT +1): rangebound trading (upper and bottom line at Bollinger Band) by taking the entries and exits at M1.
Point 5-12 has pointed out the range bound trading, when switching at M15/M30/H1 you could see often indifferent candles.

Preffered trades:
(5) Enter Long, (6) Exit & Enter Short, (7) Exit 6 Enter Long, (8) Exit & Enet Short, (9) Exit & Enter Long, (10) Exit & Enter Short, (11) Exit & Enter Long, (12) Exit.
These trades should be executed at M1 with regard at M5.

EURJPY, M15

As long as EMA lines 10, 20, (may be 50) are running side by side let your win run.
Focus at CCI (14) peaks and valleys in conjunction with Pivots and/or Murrey Math lines and/or EMA lines - the more the merrier.

EURJPY, H4

Focus at the H4 support line at the ascending price pathway and buy at the pullbacks (together at the bottom line of the bollinger band)

July 12 4:00 - July 20 12:00 (GMT+1): H4 moves in a range at parallell running Ema lines. Trade M1, M5, M15.

Murrey Math.

Description: This indicator shows pivot point, oversold, overbought and extreme levels on your MT4 charts.

[-2/8] P extremely overshoot
[-1/8 ] P overshoot
[0/8] PUltimate Support - extremely oversold
[1/8] PWeak, Stall and Reverse
l[2/8 ] PPivot, Reverse - major
[3/8] PBottom of Trading Range
[4/8] PMajor Support/Resistance Pivotal Point
[5/8] PTop of Trading Range - [5/8], if 10-12 bars then 40% Time. SELL Premium Zone
[6/8] PPivot, Reverse - major
[7/8] PWeak, Stall and Reverse
l[8/8] PUltimate Resistance - extremely overbought
[+1/8] Povershoot
[+2/8] Pextremely overshoot

murrey math

1. Line 8/8 & 0/8 (Ultimate Support and Ultimate Resistance).
Those lines are the most strong concerning Support and resistance.

2. Line 7/8 (Weak, Place to Stop and Reverse).
This line is weak. If suddenly the price was going too fast and too far and stops around this line it means the price will reverse down very soon. If the price did not stop near this line this price will continue the movement to the line 8/8.

3. Line 1/8 (Weak, Place to Stop and Reverse).
This line is weak. If suddenly the price was going too fast and too far and stops around this line it means the price will reverse up very soon. If the price did not stop near this line this price will continue the movement down to the line 0/8.

4. Line 2/8 and 6/8 (Pivot, Reverse)
Those two lines yield the line 4/8 only to the strength to reverse the price movement.

5. Line 5/8 (Top of Trading Range)
The price is spending the about 40% of the time on the movement between the lines 5/8 and 3/8. If the price is moving near line 5/8 and stopping near the line during the 10 - 12 days so it means that it is necessary to sell in this "bonus zone" (some people are doing like this) but if the price is keeping the tendency to stay above 5/8 line, so it means that the price will be above. But if the price is droping below 5/8 line it means that the price will continue falling to the next level of resistance.

6. Line 3/8 (Bottom of Trading Range).
If the price is below this line and in uptrend it means that it will be very difficult for the price to break this level. If the price broke this line during the uptrend and staying above during the 10- 12 days it means that the price will be above this line during the 40% of its time moving between this line and 5/8 line.

7. Line 4/8 (Major Support/Resistance Line).
It is the major line concerning support and resistance. This leve is the better for the new sell or buy. It is the strong level of support of the price is above 4/8. It is the fine resistance line if the price is below this 4/8 line.

http://cdn.forexfactory.com/images/icons/icon1.gif murrey math - links
http://www.foretrade.com/MM_description.htm
http://mysite.verizon.net/bonniehill/pages/murrey.html, http://mysite.verizon.net/bonniehill...rey.html#links
http://www.knovamind.com/index.php?w...channel_id=248

Murrey could be what traders are wishing the fibos at shorter time frames.

Trading style

TCT allows making money at all timeframes (M1, M5, M15, M30, H1, H4, Daily, Weekly).

How to use the indicators?
In shorter time frames M1, M5, M30 I like the Murrey Maths, at H4 or daily the Pivots are preferred.
CCI & RSI: Peaks & valleys are most powerful at all time frames, favored at M5, M15, H4, Daily.

Example:
Take a look at the M1, M5, M15 and H4 charts above, please.
Time cell trading:
It's easy to make pips in the downward movements with several enter shorts at M1, M5 and M15 with coincident H4 enter long trades.


time cycling

Entry and Exit with a higher probability of making a profit
Entries and Exits are most powerful when you see the tops & peaks (CCI, RSI) near Pivotal Points and/or S & R lines, and/or Murrey Math Lines and/or EMA Lines.
You can also take a look moreover at the candlestick formation (engulfing patterns, umbrella lines like the hammer or the hanging man, shooting star, harami cross [petrifying pattern], doji, falling window, dumpling top, high-price gapping play, rising three methods, tasuki, tower top and tower bottom, in-neck-line, pan bottom, separating lines, night attack, thrusting line, three mountain top, box range...)

What about the results? what about maximum drawdown?

Divergence Trading with CCI
CCI(14) divergence can be often focus at M5 or M15 for the confirmation of a trend change in conjunction with the pivotal points or Murrey Math. Please keep in mind that I use divergence as an indicator, not a signal to enter a trade!, like http://www.babypips.com/school/how_t...gences.htmlhad has exactly described. So you could put in an oscillator like MACD or Stochastic as well, ...the problem is that in some case you didn't find a MACD divergence, when you'll find one at CCI or RSI, so I pefere to focus the CCI at M5 and M15 (and may be at M30 and higher time frames).

If you take a look at the EURJPY, M5 example #3 above, you will be aware of the regular bearish divergence exactly when the price bar has reached at EMA100 & DS2 at 112.65 - so there were three powerful arguments for going short, ...so this trade could have a higher probabilitiy (likelyhood) for a profit taking.

The frame below shows the principle of divergence (here now with rsi). Be aware that it exists a hidden divergence moreover.

USDCHF. Daily, 2010 August 06

let the win run if EMA10 & Ema20 go parallel.

USDCHF, H4, 2010 August 06

H4 chart visualize often extremly clear the possible entry and exit trades with USDCHF and let the market its breath for the interim ups and downs.

Not all trades posibilities are charted.

USDCHF, H1, 2010 August 06

Enter and Exits:
at the valleys and the peaks in conjunction with Ema, pivotal and/or murrey math lines.

TCT with USDCHF is favored at H1, H4 & Daily.

Make your experience when trading TCT which time frames could be favored for other currency pairs, e.g.: EURUSD, EURJPY, USDCAD, ...

Forex Trading is very risky and will help you to loose all your money fast and easy. Why?...if only because 95% loose his money at forex trading as they do what they are doing. http://cdn.forexfactory.com/images/s...yim/crying.gifIf you have enough money at your account and a realistical money management and your account could be managed by patience, may be you've got a better chance not loosing all of your money after several years of experience... but don't be so green and be happy if you are winning some coins only sometimes.http://cdn.forexfactory.com/images/smilies/yim/nerd.gifMore risky settings could be focus if the market probabilities will be greater.http://cdn.forexfactory.com/images/s...im/whew%21.gifThe trading journal hasn't the intention to show investments with the highest likelihood and highest probabilities, it will be still extent in the jungle of the forex market with better chances for making a profit.http://cdn.forexfactory.com/images/s...im/waiting.gif The trading decisions are completely businesslike, hardheaded, unemotionally & pracmatical. That could be often a reason for hedging the positions in ranging markets for several days or weeks, dependent from the timeframe you needed.

If you have good ideas for a practical chance of taking profits, throw your order on the board, please.

Good Luck!

Demo Account - 25'000.-$

Beginning date: 2010 July 15
Result at 2010 July 26: Equity 45'630.85 $ - Profit: + 20'630.85 $ http://cdn.forexfactory.com/images/s...m/thumbsup.gif

http://twitter.com/triggFX
http://www.myfxbook.com/members/triggFX


Only demo accounts are offered for security reasons!

Profit: + 494 pips

http://twitter.com/triggFX

midnight train

I followed your trades at twitter.

I see only positive trades. Do you ever have losing trades?