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CICR system (Currency index cross referencing)

  • #141
  • Oct 6, 2011 4:14am Oct 6, 2011 4:14am
how does does this look as appreciation of the system prospective ?
This is a motivational mail for noobs
Attached Image (click to enlarge)
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  • #142
  • Oct 6, 2011 4:19am Oct 6, 2011 4:19am
Was just looking at the awesome oscillator. Not bad. Also there is a cool way to club my macd with your setup should be done by eod will upload.

Ur a SOON TO BE rich mann my friend.. Avail dollars indeed
Happy trading. Ur broker hates u i guess
  • #143
  • Oct 6, 2011 4:31am Oct 6, 2011 4:31am
Quoting Pardy
Thanks Capito for sharing. Very interesting, indeed. Hope your friend Rahul comes on board.
I have read thru the thread more than once, just to make sure I am following the logic correctly, I will try to summarise here, please correct me if I have got it wrong.
1. a)Check the lfx charts. For a long, rsi d1, wk1 and mth1 must be in same direction, pointing up.
1. b) We are not waiting for candle closes, but take next action as soon as the rsi arrows on 3 tf's align.
1. c) Question: Dose price have to be above filter line in order to qualify?

2....
Ur doin fine. Just one thing, since ur just strating of with this strategy ensure price is below the filter line, less emotion involved.
Once you get a grip you wont need any indicators except the macd and rsi.
  • #144
  • Oct 6, 2011 4:34am Oct 6, 2011 4:34am
SQUEEZE EVERY PIP FROM GBPCAD,GBPNZD,GBPAUD
  • #145
  • Oct 6, 2011 4:48am Oct 6, 2011 4:48am
Hi Capito,

You mentioned using a trailing stop in some cases. Can you explain a bit about how you get the best out of it in your trades.
  • #146
  • Oct 6, 2011 4:57am Oct 6, 2011 4:57am
700 pips up since yesterday on 3 pairs
  • #147
  • Oct 6, 2011 5:02am Oct 6, 2011 5:02am
GBP will find support at S3, you can exit your trades. thanks.
  • #148
  • Oct 6, 2011 5:17am Oct 6, 2011 5:17am
Quoting Corppu
Hi Capito,

You mentioned using a trailing stop in some cases. Can you explain a bit about how you get the best out of it in your trades.

I use trailing stops on trades which i know will run a minimum of 1000 -1500 pips. This was a good setup for 300 - 400 pips where i dont use trailing stop i just let the trade run and manually adjust sl.
  • #149
  • Oct 6, 2011 5:37am Oct 6, 2011 5:37am
Quoting capito
Was just looking at the awesome oscillator. Not bad. Also there is a cool way to club my macd with your setup should be done by eod will upload.

Ur a SOON TO BE rich mann my friend.. Avail dollars indeed
Happy trading. Ur broker hates u i guess
May ur prophecy come true!!!!!!!
  • #150
  • Oct 6, 2011 5:47am Oct 6, 2011 5:47am
Trichet blabbersss yet again... look at the euro dancing up and down..
  • #151
  • Oct 6, 2011 6:00am Oct 6, 2011 6:00am
I closed everything before the event. I will paste my screen cap also in few hours. Thank you very much I like big news when I am waiting to enter. I dislike them when securing profits Waiting for new setup now.
“I made most of my money sitting on my hands.”
  • #152
  • Oct 6, 2011 7:23am Oct 6, 2011 7:23am
hey capito, what do u think on these 3 currencies rite now? D1,W1 and MN lining up pretty good. Time to shootdown some heavy pips?

rgds
  • #153
  • Oct 6, 2011 7:55am Oct 6, 2011 7:55am
U will burn ur fingers now if your trade now. follow the rules again. See why we traded gbp this week. Try to understand u will realize why we arent in eur.
  • #154
  • Oct 6, 2011 8:01am Oct 6, 2011 8:01am
Quoting ride.inc
I closed everything before the event. I will paste my screen cap also in few hours. Thank you very much I like big news when I am waiting to enter. I dislike them when securing profits Waiting for new setup now.
SAME HERE
  • #155
  • Oct 6, 2011 8:11am Oct 6, 2011 8:11am
[quote=ride.inc;5017987]I closed everything before the event. I will paste my screen cap also in few hours. Thank you very much I like big news when I am waiting to enter. I dislike them when securing profits Waiting for new setup now.[/QUO

Can we get spacing in between it clutters the area. Thanks again
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  • #156
  • Oct 6, 2011 8:15am Oct 6, 2011 8:15am
Thanks man..I was on D1 TF on those currency pairs and saw nice setup (apparently not the case in 4h TF).... i will read the rules many more times,,,


Quoting capito
U will burn ur fingers now if your trade now. follow the rules again. See why we traded gbp this week. Try to understand u will realize why we arent in eur.
  • #157
  • Oct 6, 2011 8:17am Oct 6, 2011 8:17am
[quote=capito;5018451]
Quoting ride.inc
I closed everything before the event. I will paste my screen cap also in few hours. Thank you very much I like big news when I am waiting to enter. I dislike them when securing profits Waiting for new setup now.[/QUO

Can we get spacing in between it clutters the area. Thanks again
I will try to fix this in a few hours, plus it has a bug - thicks are staying when they should be gone, so one should refresh a screen to see most current data. I will fix this too. However I thought mayby it would be better for it to display value of RSI like green 0.2, orange 0.4 and grey 0.7 if going up for example. Tell me what do you think.
“I made most of my money sitting on my hands.”
  • #158
  • Oct 6, 2011 8:18am Oct 6, 2011 8:18am
Quoting leekaq
Thanks man..I was on D1 TF on those currency pairs and saw nice setup (apparently not the case in 4h TF).... i will read the rules many more times,,,
based on the rule u should already be in eurgbp. anyway i guess 700 - 1000 pips is more than enough for a week. we will get around 3000 - 4000 each month maybe much more.

Happy trading.
  • #159
  • Oct 6, 2011 8:22am Oct 6, 2011 8:22am
[quote=ride.inc;5018476]
Quoting capito

I will try to fix this in a few hours, plus it has a bug - thicks are staying when they should be gone, so one should refresh a screen to see most current data. I will fix this too. However I thought mayby it would be better for it to display value of RSI like green 0.2, orange 0.4 and grey 0.7 if going up for example. Tell me what do you think.
That would be great, infact i have something if its of any help to you.
Attached File(s)
File Type: ex4 RSI_Bars_M#_v3.ex4   52 KB | 698 downloads
  • #160
  • Oct 6, 2011 8:36am Oct 6, 2011 8:36am
Recap of the gbplfx setup...
gave trades on gbpaud,gbpcad,gbpnzd
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbplfx.png Size: 31 KB
Click to Enlarge Name: gbpcad.png Size: 39 KB
Click to Enlarge Name: gbpaud.png Size: 36 KB
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