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Time Cell Trading

  • #861
  • Nov 22, 2010 6:49am Nov 22, 2010 6:49am
Quoting PhAnTi'
stopped trading live ?
Hello PhAnTi'

Do you mean if I have finished my life trading?

You can follow at:
http://www.myfxbook.com/members/Fore...250--day/64861
http://twitter.com/forexcube

Kindest regards
FXcube
  • #862
  • Nov 22, 2010 6:56am Nov 22, 2010 6:56am
Quoting hipofiz
...But we must begin to write EA.
Hi hipofiz

So let's start.

Everybody around here can put his ideas at this board to develop this "CCI-Top & Bottom" EA.

How should we call this EA?

CCITB?
  • #863
  • Edited 7:16am Nov 22, 2010 7:03am | Edited 7:16am
Today
Profit: 730 pips
http://twitter.com/forexcube
Attached Image
  • #864
  • Nov 22, 2010 7:17am Nov 22, 2010 7:17am
Hi FXcube,

really great result!!

Can you tell me what timeframes you have used for your entries/exits of the closed trades of today? If I look into my charts (I still learn and will begin to trade your system soon), I guess it was M30 and/or H1, right?

Have you only traded the CCI tops/bottoms?

Thank you for a short response,
Oliver
  • #865
  • Nov 22, 2010 7:22am Nov 22, 2010 7:22am
Quoting Forexcube
Hello PhAnTi'

Do you mean if I have finished my life trading?

You can follow at:
http://www.myfxbook.com/members/Fore...250--day/64861
http://twitter.com/forexcube

Kindest regards
FXcube
actually i meant whether u trade live or demo account?! : )
Hero calls followed by margin calls...
  • #866
  • Nov 22, 2010 7:23am Nov 22, 2010 7:23am
Quoting Olarion1975
Hi FXcube,

really great result!!

Can you tell me what timeframes you have used for your entries/exits of the closed trades of today? If I look into my charts (I still learn and will begin to trade your system soon), I guess it was M30 and/or H1, right?

Have you only traded the CCI tops/bottoms?

Thank you for a short response,
Oliver
he uses S+R as well, because CCI tops and bottoms do have some false signals....like each indicator have : )
Hero calls followed by margin calls...
  • #867
  • Edited 8:04am Nov 22, 2010 7:32am | Edited 8:04am
Quoting Olarion1975
Hi FXcube,

really great result!!

Can you tell me what timeframes you have used for your entries/exits of the closed trades of today? If I look into my charts (I still learn and will begin to trade your system soon), I guess it was M30 and/or H1, right?

Have you only traded the CCI tops/bottoms?

Thank you for a short response,
Oliver

Hello Oliver

see #869, please.

I have trade only the Tops and Bottoms. ...and take a look at PhAnTi's comment, please, #867, #871
When you take a look at
http://www.myfxbook.com/members/Fore...250--day/64861
you can open the History File and take a look at the time Buy/Sell and Exit.

There are some orders from last week and orders from last night.
Often I trade the H4 with regard to Daily and if I could die of boredom I trade some M1/M5 between them.

Some of these orders are posted here on board.

The open orders EURJPY from 18.11. and USDJPY from 19.11 was M1/M5 trading but haven't get any chance to close these ones last week. So I let it run and will hedge these one, if it should be necessary.

In detail I can't remember me. I make a lot of analyses and then if I have found a chart with higher probabilitites I go in - here and there I put these ones at this board.

Hope it helps!

Kindest regards
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: History File, myfxbook.jpg Size: 301 KB
  • #868
  • Edited 7:58am Nov 22, 2010 7:40am | Edited 7:58am
Closed Trades from 2010 November 22

NZDUSD (#854, #857) and EURJPY (#856) you'll find here on board.
Attached Image (click to enlarge)
Click to Enlarge Name: History File, 2010-11-22.jpg Size: 382 KB
  • #869
  • Nov 22, 2010 7:49am Nov 22, 2010 7:49am
Quoting Olarion1975
Hi FXcube,

really great result!!

...I guess it was M30 and/or H1, right?

Have you only traded the CCI tops/bottoms?

Thank you for a short response,
Oliver
supplement
That you can do. If I trade M30/H1 I take a look at H4 and Daily. So you can trade with the higher trend. Or trade the Market Entries at H4 and Exits at H1 if they are running in the win, or H1 entry and if there will be a trend exit at H4. TCT CCI(14) Multiple Time Frame is extremely creative, I think. The main issue should be the MM.
  • #870
  • Nov 22, 2010 8:00am Nov 22, 2010 8:00am
Quoting PhAnTi'
he uses S+R as well, because CCI tops and bottoms do have some false signals....like each indicator have : )

Oh yes, of course. Thank you PhAnTi'. I've forget to point it out.
Often you can monitor these support and resistance levels at the higher charts (H4, Daily, may be H1).
Sure!
  • #871
  • Nov 22, 2010 8:04am Nov 22, 2010 8:04am
Great, thank you for the explanations. Very helpful.

There are two more questions I was thinking about:

  1. At what time frames do you look at the Murrey Math lines (together with the CCI tops/bottoms)?
  2. When do you use stop losses and when not? In your post #836 you advised using a stop loss for example. In other post you talk about the non-stoploss-concept...

Thank you once more.
Oliver

  • #872
  • Nov 22, 2010 8:10am Nov 22, 2010 8:10am
Quoting Olarion1975
Great, thank you for the explanations. Very helpful.

There are two more questions I was thinking about:

  1. At what time frames do you look at the Murrey Math lines (together with the CCI tops/bottoms)?
  2. When do you use stop losses and when not? In your post #836 you advised using a stop loss for example. In other post you talk about the non-stoploss-concept...

Thank you once more.
Oliver

i'll represtn forexcube from now : D
he doesn't like SLs ....
try to figure out Murrey Math lines on the higher frames, starting with h1 or h4.... M30 M15 murrey lines dont represent strong support/resistance levels , problem : u cannot play them out cause they wont hold often....the levels on the higher frames demonstrate a very strong obstacle :-]
Hero calls followed by margin calls...
  • #873
  • Edited 8:25am Nov 22, 2010 8:10am | Edited 8:25am
Quoting Olarion1975
Great, thank you for the explanations. Very helpful.

There are two more questions I was thinking about:

  1. At what time frames do you look at the Murrey Math lines (together with the CCI tops/bottoms)?

Thank you once more.
Oliver

This example below is a classical one. H1 is showing a divergence and the price action is making the case for a down. In this case [8/8] seems okay for me. If prices would run further upwards I would take the risk over with some enter sells more at [2/8] but would switches at higher timeframes H4 and Daily to consider the situation. Murrey Math seems good in all cases if the chart will tell you this. Sometimes it is H1, H4 and at odd moments Daily and Weekly, (seldom the monthly chart but if so then it could be an extremely great argument for some market actions). It's not a hard rule from me, more an option which I can follow, if price action and the multiple time frame analysis in conjunction with CCI(14) Top or Bottom could give me a clear picture and then Murrey Math could give me one conclusive argument more.

Take a look further at #9, please.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H1.jpg Size: 375 KB
  • #874
  • Nov 22, 2010 8:36am Nov 22, 2010 8:36am
Quoting Olarion1975
Great, thank you for the explanations. Very helpful.

There are two more questions I was thinking about:

  1. ...
  2. When do you use stop losses and when not? In your post #836 you advised using a stop loss for example. In other post you talk about the non-stoploss-concept...

Thank you once more.
Oliver

Empirically 80% of all my loosing trades should run sooner or later in a win. Why cut them in a loosing zone before? The rest of 20% of these trades could pose a threat to an account. But often these trades could be hedged several times in the meantime and with higher lot sizes to counterbalance and moderate the damage. Once time in a month or former there is one day to settle the balance. If so the account go e.g. 20% down, but then you have make a multiple of them before. This is only my personal trading style and I can't it recommend to other traders. I think brokers make here his 70% of all wins, due to the fact that the account holder should often undercapitalized.

If I talk about a stop loss I would denote that if I would set a stop loss then here or there. This is for traders who set a stop loss and they know then my mind.

Hope it helps!

Kindest regards
FXcube
  • #875
  • Nov 22, 2010 8:44am Nov 22, 2010 8:44am
Quoting PhAnTi'
...
try to figure out Murrey Math lines on the higher frames, starting with h1 or h4.... M30 M15 murrey lines dont represent strong support/resistance levels , problem : u cannot play them out cause they wont hold often....the levels on the higher frames demonstrate a very strong obstacle :-]
By your leave!
  • #876
  • Nov 22, 2010 8:50am Nov 22, 2010 8:50am
Quoting Forexcube
By your leave!
Hero calls followed by margin calls...
  • #877
  • Nov 22, 2010 8:53am Nov 22, 2010 8:53am
USDJPY, Daily, 2010 November 22

USDJPY, Daily is showing a divergence.

Weekly has reached the middle line of Bollinger Band, see #879, please. Be careful for a breakout further upside, although there are powerful argument for a down.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY, Daily, 2010 November 22.jpg Size: 246 KB
  • #878
  • Nov 22, 2010 8:55am Nov 22, 2010 8:55am
USDJPY, Weekly, 2010 November 22

Market price at the middle line of Bollinger Band (BB).
CCI(14) at the zero line.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY, Weekly, 2010 November 22.jpg Size: 278 KB
  • #879
  • Nov 22, 2010 9:00am Nov 22, 2010 9:00am
USDJPYH4, 2010 November 22
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY, H4, 2010 November 22.jpg Size: 261 KB
  • #880
  • Nov 22, 2010 9:28am Nov 22, 2010 9:28am
Quoting Forexcube
USDJPYH4, 2010 November 22
japanese bank holiday, pair is flat today...big consolidation at h4 frame, lets see for BO
Hero calls followed by margin calls...
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