CICR system (Currency index cross referencing)

Thanks all lot, capito....

Hats off for ur invalueable and generous supports...

I'm sure the video will be very useful ....

Hello All,
First post at this thread. Great to see that you have found a V.Good solution for the co-relation equation. I tried various things in the process and ended up here. I know of about 5 different ways to tackle the co-relation equation and of that, your method is in the race for the top slot now. Impressive. I'm yet to set it up fully and do some work on it but I'v already rated it GOOD because I read the logic of it in the first post and did half the job and liked the results. Hope by Monday, I'll have it all ready and running.
In the last couple of posts, I figured people are having a little trouble using it on lower TF's. Also read Leekaq or someone held positions for 15 days. Man, I'm speechless. If something like this can come out of such a system, then it's better to work of the psychological aspect of ones trading and try holding positions for such times if the results are like the ones mentioned.
For those who are intrested in the lower TF's, I suggest two posts here at FF, one is the TMS. There are in all about 7 to 8 TMS threads all dealing with different aspects of the system but the main one is that of Elfranz (Big E,) which starts like this, "Trading Made Simple (TMS). Is that possiable? YES!" And if u really are serious, read and re-read the first 50 pages ( pages, not posts, first 50 pages) without asking any dumb or stupid questions. The other TMS threads bear relevance to this main thread hence start here if you want to really check the TMS club. Here the link - http://www.forexfactory.com/showthread.php?t=291622.
For those who want to go for even shorter tf's, I suggest the THV thread (by Cobra Forex). Best for scalpers.
The reasons I'm suggesting the TMS and the THV is b'coz they are good; no, they are very good, just like Captain Capito's here. My hunch is that if the currency co-relation equation is sorted out by the system presented here, then these two systems (TMS and THV) will work beautifully if used in conjunction with this system. Thus by Monday, I will set my trading in such a way so as to incorporate these three (CICR - for ccy co-relation; TMS - for H4 tf and THV for scalping). And it will be a beginning of a new holistic approach to trading, and the best of all is that it'll all be for free, where the only limit is one's own self.
Currently i'm working on a system which uses just and only price action. No more.
NO1ELSE : if u just open your eyes and mind, you will find a whole world full of people like Capito, always ready to help others. U just have to clear the bais.
Capito : 3V in about a year, Intresting. Kepp it up.

Regards, McNish.

Thx Capito
we are rrrrrrready to go

Watching USD index crossing up again and CAD index crossing down. Could be a great buy opportunity for USD/CAD.

Agree with you.I am short with EU and EJ on the other hand.

Yes guys, the long on usd cad seems promising. I'm already go for it. Check usd chf too.
McNish.

There have been perfect set up for CHFLFX 30 minutes ago and I am holding Long for both EURCHF and USDCHF, over 20pip/pair and already move SL to entry. My thanks to Lee and Capito

Updated: damm, EURCHF and USDCHF up 50pip without any consideration. I really falling in love with this method

USDCHF +50 pips so far.. let see how the basket goes today

unless u are trying to scalp with big lot sizes, this strategy has been clearly stress free for me.

Newcomers, please read post #1 carefully and get a grip on the fundemental of this system.

I say thank you again capito. Now eagerly waiting for you to roll up yr sleeve for next trick...

Good Leekaq.
I was in of the usdchf coz of TMS H1 indi. going to let it run.
McNish.

Edit : Audlfx seems to be coming off too.

yup...on H4 TF, bull candle pierced (spell??) the filter line and MACD also indicated strong uptrend bias...so i took my chance..

Today is NFP day in US. The market usually stops and waits. Did we have to take it in our calculation or not ?

Thanks

Keep a track of the CAD news. I have gone long on usd cad.

The cad has been ranging since quite some time and the chances are that it will show a bearish bias today.

Then Keep a track of the NFP which is going to produce many trades. The current bias is bullish looking at the monthly candle. lets see how it plays out.

For me i dont care of all these news and events. When I see strong drive, if i see good setups, I will dive head first and i protect my trades with trailing stops..

Haha.. Thats good, what works for you will always work lee. happy trading.

Hello Lee,
Need your inputs, to roll up the sleeve

Can you tell me the average gain in each of your intraday. Also what is the max lot size you pick when u trade intraday.

Thanks
Capito

hi capito, so far this week I closed 3 +ve baskets with an average of +750 pips/basket (0.02 lot). A low of 375pips and highest 1250 pips. Normally my lot sze is 0.02 (20 cents) and if i am confident enough on strong pair, i would add 0.1 lot ($1) in the basket. In one trade i even entered 0.2 lot.

I dont advise this for those with small capital (and weak heart)..

Cad sulking again. On the run down south.

Usd cad moving as predicted. Nice move up. Cad will continue sulking for long

So how many usd did u earn on average, need for my final video. thnx