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CICR system (Currency index cross referencing)

  • #1,181
  • Nov 10, 2011 4:50am Nov 10, 2011 4:50am
Quoting capito
The AUD was before the news release.. it was techically much better placed.. considering S/R..
GBP is more volatile than the aud hence i would want to see how it would react.... GBP is looking good because of the divergence.
Divergence on the index chart!!!!!Looking back at last weeks AUD index I saw the divergence. Seeing the same stuff on the GBP too. Thanks a ton

P.S. - Leekaq's cci divergence indi is good stuff!!! Divergence is a confusing thing for me without it. Waiting for his pdf too
  • #1,182
  • Nov 10, 2011 5:28am Nov 10, 2011 5:28am
Quoting ssk1284u
Thanks capito,

So in short -
Have absolute focus on the index and avoid unnecessary risk by entering before any major news (if the event is really close by)
Basically i hate to lose money. And the best thing not to lose money is patience
  • #1,183
  • Nov 10, 2011 5:30am Nov 10, 2011 5:30am
Quoting hale-mary
so does this mean you did not enter the gbp/chf trade, yet?

I thought the 1 hour cross (for earlier entry) on the currency and the indexes as well ans the MACD and rsi indications on the higher time frames would have given the okay to enter. If you enter after the news the move might be over?

So when is the right time to enter, because I thought everything lined up for a sell.
I like 4 hr divergence more than 1hr . Longer the tf the stronger the signals. Wait n watch how the news come out
  • #1,184
  • Nov 10, 2011 5:33am Nov 10, 2011 5:33am
Hi lee. Is ur cci divergence giving the same diverge signals ideally it should havent seen the indi.
  • #1,185
  • Nov 10, 2011 5:56am Nov 10, 2011 5:56am
Hi Capito

I am trying to subsribe but it will not allow me to fill my details in. Please check it out.

Regards
  • #1,186
  • Nov 10, 2011 5:56am Nov 10, 2011 5:56am
Quoting capito
Hi lee. Is ur cci divergence giving the same diverge signals ideally it should havent seen the indi.
.

i just started to use this indi like 2 days ago so can;t really tell but looking back at historical data on H4 timeframe, it manage to pick up most of the divergences...maybe good tool to use..
  • #1,187
  • Nov 10, 2011 6:08am Nov 10, 2011 6:08am
Quoting leekaq
.

i just started to use this indi like 2 days ago so can;t really tell but looking back at historical data on H4 timeframe, it manage to pick up most of the divergences...maybe good tool to use..
Thnks i will check it.
Hows ur project goin
  • #1,188
  • Nov 10, 2011 6:36am Nov 10, 2011 6:36am
i dont understand what is going on with these indexes...it seems like they are all reversing...not sue if i need to be paying attention to these movements or if they are just noise.

it seems like everytime i dont a reversal happens on a 15 min timeframe that i fail to see since i look at 4 hour and above with 1 hour for entry
  • #1,189
  • Nov 10, 2011 6:57am Nov 10, 2011 6:57am
Hi Capito
I asked this question in post 1117 page 75 and i am now with the same situation with usdchf. the trade made more than 100 pip but now i am in the negative because I do not know when to exit,If I exited at ema crossing the filter line and cutom macd crossing ,I would have made 50 pip But according to your exit rules in your video I should exit on default macd reversal on one hour chart . Can You please clarify this point for me.
Thank you very much
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  • #1,190
  • Nov 10, 2011 8:33am Nov 10, 2011 8:33am
Hello, capito, after signing up for the News Letter

Email with "Action Required" asking to click link

to verify subscription and that link doesn't work

for some reason, After click it gives Empty Page

and no follow up email after all. So it's impossible

to sign up. Please check it out,

Thank you,

Sky.
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  • #1,191
  • Nov 10, 2011 9:11am Nov 10, 2011 9:11am
Quoting capito
we understand most of you are working full time and find it difficult to trade often and miss valuable trades.
We do this over and over and over and over.

Hence to help you guys and help ourselves in our cause, we are starting a fxsignal service.
Ofcourse our small champion trading group of 4 traders which will soon be growing will be trading on our master accounts and it will be copied in the slave accounts.

The whole game is to open small accounts and then grow it bigger sensibly and steadily.

Sign up to the newsletter to get information...
Hey Capito, seems I cannot pm you anymore! Have sent you an email.
Pardy
  • #1,192
  • Nov 10, 2011 9:25am Nov 10, 2011 9:25am
let see how it end up this time,,,+150 pips floating
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  • #1,193
  • Nov 10, 2011 9:52am Nov 10, 2011 9:52am
i am about to close this one,,,+300 pips...GU just starts to move south... see you guys tomorrow..
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  • #1,194
  • Nov 10, 2011 9:55am Nov 10, 2011 9:55am
Quoting leekaq
i am about to close this one,,,+300 pips...GU just starts to move south... see you guys tomorrow..
So is this the time to enter?

I did earlier and got screwed on the pullback because of the temp orary USD strength
  • #1,195
  • Nov 10, 2011 10:05am Nov 10, 2011 10:05am
Quoting hale-mary
So is this the time to enter?

I did earlier and got screwed on the pullback because of the temp orary USD strength
i think so, i entered once the H4 candle crossed the filter line..please drop to lower TF like M15 and set pending order if there is a pullback,,,I just shorted GU like 15 minutes ago ,,went into 10 pips profit and now my basket closed,,
  • #1,196
  • Nov 10, 2011 10:07am Nov 10, 2011 10:07am
Quoting leekaq
i am about to close this one,,,+300 pips.....
Is this DEMO? I mean, I hardly believe that anyone have enough balls

to sit on such profit and get greedy like that.. If you trade like $1/pip

you'll be out at +90 + 100 pips cause most of the time you can lose

what you already have, unless you are using Trailing stop.
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  • #1,197
  • Nov 10, 2011 10:10am Nov 10, 2011 10:10am
ok....i need to work on my entries because I go off of the 1 hour and sometimes the 4 hour as well. (tried 15 minute because reversals happen quickly)

Only to see it turn against me and go in the intended direction.

man, cant make 1 cent no matter what i do.
  • #1,198
  • Nov 10, 2011 10:16am Nov 10, 2011 10:16am
Greedy --really ?

If you take the time to read his posts you will see he has explained what he is doing more than once .


Quoting SkyzerFX
Is this DEMO? I mean, I hardly believe that anyone have enough balls

to sit on such profit and get greedy like that.. If you trade like $1/pip

you'll be out at +90 + 100 pips cause most of the time you can lose

what you already have, unless you are using Trailing stop.
  • #1,199
  • Nov 10, 2011 10:22am Nov 10, 2011 10:22am
Quoting SkyzerFX
Is this DEMO? I mean, I hardly believe that anyone have enough balls

to sit on such profit and get greedy like that.. If you trade like $1/pip

you'll be out at +90 + 100 pips cause most of the time you can lose

what you already have, unless you are using Trailing stop.
this is LIVE. as u can see all my lot sizes are normally 20 cents/pip.. and my set up is SL35 TS35 and no TP...sometime i use Equity EA to close my basket once it hit my target..
  • #1,200
  • Nov 10, 2011 10:40am Nov 10, 2011 10:40am
Quoting leekaq
and my set up is SL35 TS35 and no TP...
Settings looks OK, will try that, but why you don't have any loses?

You mean pair never go against you 35 pips?
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