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Time Cell Trading

  • #301
  • Aug 22, 2010 5:18pm Aug 22, 2010 5:18pm
Quoting Forexcube
Hello Wooli

So long as EMA10 and EMA20 goes parallel (EMA10 don't intersect the EMA20) let the win run. You can try it with other EMA's (may be EMA5 EMA30 or so)and get a feeling what could be better for your intention. Or switch a time frame higher.

see also p.1,...
Thanks FXcube,

I may have worded my question badly.

If you look at the attached 4H EURUSD chart it is in a strong bullish trend.

I have placed arrows where the CCI breached +200.

Would not the first three arrows have represented losing trades?

Otherwise your draw-down would have been about 600 pips.

Regards Wooli
  • #302
  • Edited 1:15am Aug 23, 2010 12:42am | Edited 1:15am
Quoting wooli
Thanks FXcube,

I may have worded my question badly.

If you look at the attached 4H EURUSD chart it is in a strong bullish trend.

I have placed arrows where the CCI breached +200.

Would not the first three arrows have represented losing trades?

Otherwise your draw-down would have been about 600 pips.

Regards Wooli
Hi Wooli

It's better sometimes read the thread from the beginning and the comment at #299. And it would be more respectful when you answer my question at #299 even so. The question came up, I repeat it again: "Is at your chart an RSI(14) indicator? I don't think so." May be you do not bother to answer to my question. If so, then I don't understand your intention. Then I invite you to ask others your question here on board. May be they will spend time to answer your questions. All is explained. If you are not comfortabel with this trading system need other ones here at FF. It's full of plenty systems. Why to suspend at a trading system which you don't understand? One doesn't do that! You can go on with this "communication style "to put a wrong complexion on s.th.". If so then don't solicit my attention, please.

Wooli you have 22 posts. Respect p.1, #1 the topic: "interest of quality" #1, please.

Kindest regards.
  • #303
  • Aug 23, 2010 4:30am Aug 23, 2010 4:30am
Quoting Forexcube
Hi Wooli

It's better sometimes read the thread from the beginning and the comment at...
Hi FXcube,

I wish to assure you that I don't mean to be disrespectful to yourself or your thread.

I have read all of your posts several times.

You were right. The RSI I posted before was RSI(8) and not RSI(14).

I've attached the same chart with the correct CCI, RSI and EMA's.

After reading your post #299 again, am I right in assuming that you don't take a counter-trend trade when the EMA's are in alignment and parallel?

Kindest Regards,
Wooli
Attached Image (click to enlarge)
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  • #304
  • Edited 6:48am Aug 23, 2010 4:50am | Edited 6:48am
Quoting wooli
Hi FXcube,

I wish to assure you that I don't mean to be disrespectful to yourself or your thread.

I have read all of your posts several times.

You were right. The RSI I posted before was RSI(8) and not RSI(14).

I've attached the same chart with the correct CCI, RSI and EMA's.

After reading your post #299 again, am I right in assuming that you don't take a counter-trend trade when the EMA's are in alignment and parallel?

Kindest Regards,
Wooli
Hello Wooli

That's right!. See #4, too, please. It's the same in a downward movement. Countertrend could be then only trade at smaller timeframes. If you need RSI(8) or (14) that isn't important, whatever which size you are more comfortable in your trading...try it with (4) or with (20), could be okay even so.
See #302 , #307, #309, please.

You're wellcome!

Kindest regards!
FXcube
Attached Image
  • #305
  • Aug 23, 2010 4:52am Aug 23, 2010 4:52am
hey Cube, I'm loving these pics dude.
Enter Signature
  • #306
  • Aug 23, 2010 5:04am Aug 23, 2010 5:04am
Quoting vosterfxandy
hey Cube, I'm loving these pics dude.

Hi vosterfxandy

I am very pleased to here that.

Hope it gets more funny!
  • #307
  • Edited 12:06pm Aug 23, 2010 5:34am | Edited 12:06pm
Quoting wooli
Hi FXcube,
I've attached the same chart with the correct CCI, RSI and EMA's.
Kindest Regards,
Wooli
Hello Wooli

See this chart here below, please. Hope it clearifies things a little more!

Pivot Points or murrey math will often help you in your decisions!

Preffered Trades: P1 (Enter Long), P2 (Exit & Enter Short), P3 (Enter Short), P4 (Exit & Enter Long), P5 (Enter Long), P6 (Exit)

P2: After P2 there are 4 indifferent candles and then the bearish engulfing pattern. After this the 10EMA Line crosse the EMA20. You could go short at P2 quite well due to the fact that there was a murrey math at an extreme overshoot level [-2/8], see #309, please.

Before P1 there is a strong upward trend (see the parallel ascending EMA Lines).

See #309, please.
Attached Image(s) (click to enlarge)
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  • #308
  • Aug 23, 2010 5:41am Aug 23, 2010 5:41am
wow, that pic sure is overloaded with info!
  • #309
  • Edited 6:46am Aug 23, 2010 6:02am | Edited 6:46am
Quoting Forexcube
Hope it clearifies now things a little more!

Pivot Points or murrey math will often help you in your decisions!
or like this...
EURUSD, H4, 2010 August 23

Preferred Trades: P3 (Enter Short), P4 (Exit & Enter Long), P5 (Enter Long), P6 (Exit & Enter Short), P7 (Exit)

Don't trade at P1, P2. If you do trades here with Enter Short, so you'll earn a profit at P4 also but be aware you trade then counter the upward trend (look at the ascending paralle EMA lines and the RSI between high +50 and high +100)

P3: Here murrey math "Extreme Overshoot" [-2/8)] 4 indifferent H4 candles and then the bearish engulfing pattern, after this EMA10 crosses EMA20 downwards. RSI goes down. All these might be very strong arguments for an entry short.
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  • #310
  • Aug 23, 2010 6:25am Aug 23, 2010 6:25am
Quoting witsnpips
wow, that pic sure is overloaded with info!

So may be it's something more for the advanced level traders...?
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  • #311
  • Aug 23, 2010 6:34am Aug 23, 2010 6:34am
Quoting witsnpips
wow, that pic sure is overloaded with info!
>
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  • #312
  • Aug 23, 2010 11:14am Aug 23, 2010 11:14am
This had everything going for it, it was with the trend, it had broken above a descending trend line, on the M5 CCI was at 200, with RSI at 50 PA was at 5/8 sell premium zone (that's not shown on the image as the MM lines have shifted). Took sell on the GBP/JPY at 132.48 (check mark) , PA continued up, and took another sell at 132.59 (check mark), as PA hit the daily pivot and started down, with M5 CCI at 125, RSI at 75 and at 6/8 pivot reverse. PA continued down with a few bumps up until I decided it was time to exit at 132.10 (marked by X) with the DS1 and 0/8 ultimate support line with CCI being at -150. That proved to be a good decision, PA continued down then went up. 87 pips total, with 3 lots = 261 pips.
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  • #313
  • Edited 12:22pm Aug 23, 2010 12:02pm | Edited 12:22pm
Quoting Delage
This had everything going for it, it was with the trend, it had broken above a descending trend line, on the M5 CCI was at 200, with RSI at 50 PA was at 5/8 sell premium zone (that's not shown on the image as the MM lines have shifted). Took sell on the GBP/JPY at 132.48 (check mark) , PA continued up, and took another sell at 132.59 (check mark), as PA hit the daily pivot and started down, with M5 CCI at 125, RSI at 75 and at 6/8 pivot reverse. PA continued down with a few bumps up until I decided it was time to exit at 132.10 (marked by X) with...
Hello Delage!

Excellent classical trades!

Keep it up!
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  • #314
  • Edited 3:56pm Aug 23, 2010 12:12pm | Edited 3:56pm
It's an excellent link for learning the dIfFeReNt aspects of Trading Systems.

You can choose between the "basic-", "simple-", "complexe-" and "advanced strategies".

http://forex-strategies-revealed.com/

Last January 2009 I have written the Trading System "Heikin-Ashi-two-Bar-Strategy" under the synonym "sam":
http://forex-strategies-revealed.com...o-bar-strategy
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  • #315
  • Aug 23, 2010 1:36pm Aug 23, 2010 1:36pm
This short on the USD/CAD is an experiment, I took it at 1.0507 at the 1/0 overshoot line and lots of negative divergence but M5 CCI was at -100, hoping PA would drop. It's gone sideways but I think it will drop, given the divergence. Lesson: best stick with classical trades.
Attached Image (click to enlarge)
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  • #316
  • Aug 23, 2010 1:54pm Aug 23, 2010 1:54pm
Thanks FXcube,

Your posts #307 & #309 have clarified it all for me.

All the best

Wooli
  • #317
  • Aug 23, 2010 3:39pm Aug 23, 2010 3:39pm
While fundamental analysis can explain the forces at play in a bull or bear run, psychology will create the volatility. Fundamental analysis can't explain this. As John Maynard Keynes said: it is extremely dangerous to have a rational investment policy in an irrational world. Clear CCI is also a mathematical formula beyound that if traders used CCI they seems to know something by intuition and is doing so to bounce off waves. What is known is that technical analysis is the only way to measure the emotional component of the market. We know that many times an ounce of emotion can be worth a pound of facts. How else to explain the sudden shift in the market without a change in the fundamentals?

intuition
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  • #318
  • Aug 23, 2010 5:59pm Aug 23, 2010 5:59pm
Profit: +303 pips

http://twitter.com/triggFX
  • #319
  • Edited 6:56pm Aug 23, 2010 6:03pm | Edited 6:56pm
It needs more time to find a trade with a greater or sufficient probability of profit taking. So I stay more at the sideline,...., may be today, may be this week and let my open trades run. May be I trade M1, M5 or M15, but market seems to be to consolidate before his next breakout.

New trades are now with 0.4 or 0.04 or 1.0 Lot so that everybody could discriminate these trades from the old open trades before 2010 August 22 (with 0.02, 0.2, 0.05 lot - see the topic at p.20, #288 , please. 0.5 lot size is free again now and could be further used).
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  • #320
  • Aug 23, 2010 6:58pm Aug 23, 2010 6:58pm
My USD/CAD experiment in divergence didn't work well with a slow increase in PA, I decided to exit with a loss of 26 pips ( 26 X 3 = -78 pips).
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