Thanks Nub
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Intraday CICR (Cross index currency referance) trading 22 replies
Dyekid217 Trading relative strength and CICR 0 replies
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Dislikedhello walad,
In the past 8 years i have tried every system under every forum available online. Just like everyone else i have started off by spending a lot of my hard earned cash on stupid no good robots, systems etc.
Until 5 years back when i realized the universal truth. Money is always made when u sell weakness and buy strength.
I saw the thread you told me to have a look at, its the ccfp indicator which i was using couple of years back.
I had decent success with it wont deny that at all. Its just about how you are comfortable with...Ignored
DislikedHi Capito
Thanks for sharing Your method. Are You using LifeForex as SigTrader-provider. If so - do they have a limited life on Demo-accounts?
Or who do You recommend as a signal provider if I don't want to open a live account with another broker?
Cheers
TomasIgnored
Disliked...
Exit strategy is simple I use the first macd cross after the point of entry to close the position.....
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If you follow the same method from the start of every month you will easily get a minimum of 5 - 7 highly profitable positions every week.
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CapitoIgnored
Dislikedhello walad,
In the past 8 years i have tried every system under every forum available online. Just like everyone else i have started off by spending a lot of my hard earned cash on stupid no good robots, systems etc.
Until 5 years back when i realized the universal truth. Money is always made when u sell weakness and buy strength.
I saw the thread you told me to have a look at, its the ccfp indicator which i was using couple of years back.
I had decent success with it wont deny that at all. Its just about how you are comfortable with...Ignored
DislikedHello fellow traders,
....
Note: i use this is on a 4hr and daily timeframe. I am always on the lookout to see which currency is giving a RSI reading where all the RSI arrows are pointing down from HI to MN timeframe.
Whereever i see all the rsi arrows pointing down on any of the individual index that will be the currency which i am interested in trading. One of the best ways to catch all rsi pointing down is to look at the
individual currency index on the daily timeframe.
We trade if and only...Ignored
DislikedHi CS pip
HA candles keep you out of fake breakouts. My stoploss will be at the lowest low prior to the entry.
Let me give a simple example for some previous trades. lets pick
EURAUD, GBPAUD
See the images correctly, It was 21st sept 2011 after 16 hours that the AUDLFX again displayed all RSI 3 arrows in same direction.
During that time i open the AUDLFX profile and I can instantly notice that EURAUD all RSI 3 arrows from H1 all the way to MN is going up which indicates maxxxxxxxx order flow and you are sitting comfortably once you...Ignored
DislikedHi Capito,
I'm a little confused.
The audflx indicators are all pointing down. Which I would interpret as "Look for short trades" Is that right?
With euraud I see H1 and H4 pointing up. D1 down. W1 neutral and Mn long. So why would you take a long when D1 was down and W1 was neutral?
With GPBAud the D1 W1 and Mn are all up. So you would take a long even though the arrows on audflx all point down?
Audjpy has the most down arrows soI would think that would be the strongest trade because it agrees with the Audflx direction...Ignored
DislikedThose arrows on the EURAUD is how they were when he took the screen shot, not when the trade was taken, which was on the 21st Sep.
If Audflx is getting weaker, then EURaud, GBPaud and others with ***aud should be looking for up.
audJPY, audCAD and others aud*** will be going down.Ignored