Parking Space

Excl. for experienced FX Traders
Parking space should give the room advanced-level-traders to store some trading ideas, arguments and contract orders at this board where to could be referred to later on.

Currencies: all

Time frames: all

Trading strategies: all

(e.g. Short term as well as long term investments, scalping, swing-, discretionary-, trend trading,...)

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!
FXcube

Trading forex (foreign exchange) is highly risky. Due to the leverage available, with very little money down you can have big gains, but also big losses. In addition, there is financial friction, since you are paying fees in the form of the spread. Only highly sophisticated investors should trade forex - and if you're not sure what you are, then you're probably not highly sophisticated. Whatever you do, don't trade more than you can lose - because odds are, you will lose everything.

Trades could be followed at:
http://twitter.com/forexcube

Articles: Learning to Become a Successful Trader, p.5, #63;

Real Account - Deposit: 47.-$, Beginning Date: 2011 March 14, see p.5, #64;
Trading Plan: see p.5, #65;
Since 2011 March 14
Result - Equity: 50.33$, Profit: +3.33$, see p.5, #64;


End of thread!

End...End...

This thread was closed at 2011 March 15!


Follow-up:
http://www.forexfactory.com/showthre...=1#post4474140

USDCHF, Daily, 2011 February 15

Short: 0.9675

Target: 0.955 / 0.938

EURUSD, M5, 2011 February 15

Enter Long: 1.3483

Target: 1.3540

Weekly & Daily CCI Top

Short: 135.18

Target: 133.90 / 131.50

LCrude Mar11


H4 & Daily CCI(14) Divergence.

Enter Long at 84.50

Note:
Weekly's down till 81.23 possible (Trade the downs ad interim M5/RSI 0.00)

Hi Forexcube,

It's good to see you posting your ideas again. I've got a lot of catching up to do reading your last thread so will not make many comments. At the moment I'm trading a system of linear regression curves with varied degree settings along with momentum and stochastics altered by me to show the values based on the highs and lows. I don't believe the close of a bar has any real value when it comes to indicators.

I also use the Bollinger Bands but not so much to measure price extremes from the line of equilibrium but more of a breadth of price movement and consolidation warning.

The CCI was taken off my chart some time ago because I found it too late to the dance on closing trades but it will be interesting reading your use of this indicator. I close trades based on support and resistance levels and look to the Mom and Stoch only to see if the price has finished it's move or is more likely to move to the next level before reversing.

Time to check the markets.

Happy trades,

Johnny

Hi Johnny

Your trading sounds highly well-conceived.

CCI(14) Top & Bottom Trading is only a small trading extract (not really a trading strategy) more one trading aspect. If I trade in this manner I'm having flashbacks to expressions like: "You can't treat every situation as a life-and-death-matter because you'll die a lot of times". So by CCI(14) trading I have to do a great deficit management when I trading without stop loss. In combination with this and some pivotals it seems for me a profitable simple, fast and efficient doing.

May I invite you to post your charts here on board? I shall be delighted!

Best regards
FXcube

mR2 1.3562 was hit.

Profit: + 57 pips

http://www.forexfactory.com/attachme...1&d=1297844155

Hi Forexcube,

Here is a picture of one of your templates with a few modifications and additions.

The red channel is an i-Reg channel.
The stochastics are showing the high and low values.
The momentum is using high, low and close.
I added the MurreyMath Indicator with some very minor revisions.
I added the semafor indicator to depict some possible buys and sells.
I added the vertical lines for comparing the indicators to your CCI.

My template uses i-Reg for attaining similar levels as the MurreyMath as well as a whole lot of other thingies I'm sorting through.

Will be interested in your comments.

Johnny

I had the wrong i-Reg channel on the chart and revised it. This large move on the GBPUSD is somewhat of a surprise as the fundamentals look like an interest rate hike may be in the near future. Maybe a little quantitative easing by Bank of England.

Hi Johnny

Thank you for this splendid chart. It looks really brilliant!

May be this link could have some information with i-reg.:
http://codebase.mql4.com/4332
(I have "nailed" the *.mq4 files at the attachment).

It's a great idea to work with regression channels. CCI(14) extreme Tops and Bottoms are often accompanied by the two standard deviations of regression lines.

In comparing CCI(14) with the Stochs, CCI gives signals later, based on the specific formula & the semafor seems for me a lightening optical help above all "the big 3".

Great design!

Would be fine if you can post the template and I hope your marvellous charts further on here on board!

Best regards
FXcube

Good to C U going again..

Exit one position at H1 CCI (14) Bottom at mS1 1.3426

Profit: +92 pips

http://www.forexfactory.com/attachme...1&d=1297844155

Silver, H4, 2011 February 16

Enter Short at 30.75 ahead of time and take the higher risk over.

If the middle line of BB won't be broken downwards further upside movements could be more probable.

It's better to look at a the price patterns the next days.

Hi danc

You're wellcome!

Could be nice if you post some charts here, too, please.

Best regards
FXcube

EURJPY, H4, February 16


Sell at 113.10 in contrary with an EURUSD Long at 1.3510 (see #16,please)

EURUSD, H1, 2011 February 16

Enter Long at 1.3510 (A-Order) & at 1.3474 (mS1) (B-Order) in combination with a EURJPY Short (see #15, please).

TP: 1.3535 (B-Order)

Additional trades are published under:
Trigg's Time Cell Trading:
http://fxbookies.com/viewtopic.php?f...7dfb5478#p1962

Rather than post one of my trading charts in it's complete form let's do it a piece at a time to explain the whys and wherefors. I'm still looking to understand your methods.

Ok, I tried it but it just doesn't do anything for me. It basically finds the latest high and low and divides this by a factor of eight. I have support and resistance levels already on my chart so I'm coloring indicator as gone.

The RSI as I've found in the past is not dynamic enough for me. The amount of movement is hardly discernible. It's like a 90 year old man in a strip bar. He's really not interested in the show and is just waiting for the free food.

The Bollinger is revised to a period of 10 from 20 because I'm not looking at it from a support and resistance standpoint but only a price movement and consolidation indicator.

The MA-10 and MA-20 are deleted because I know the price direction already. The Bols centerline is a SMA-10.

The EMA-50, EMA-100 and EMA-200 are deleted. I have these on my Daily chart as SMA.

The CCI as you can see from the arrow and comment is sometimes erratic. If this is used on a time frame above the M15 the period should be set to 28 instead of 14.

The i-CAi set at a period of 50 is added in dark green.

Support and resistance levels added. When the price is moving this provides targets and likely points of reversals. If the price is between levels it will likely move to the next depending on the strength of the prior level.

Enough changes for one sitting.

Happy pipping,

Johnny

Hi Johnny

Splendid charts and well-wrought!

I like your explanation & sound views!.

Congratulation!

Thanks a bunch!

Feel free to post here at any time.

Best regards
FXcube

USDNOK, H1, 2011 February 16

Enter Long at 5.7318 & set a pending order Long at 5.7000

Note: Daily could go further down.

Target: 5.85 (DR1 5.8520)