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CICR system (Currency index cross referencing)

  • #1,461
  • Nov 24, 2011 9:52pm Nov 24, 2011 9:52pm
http://forexmechanics.wordpress.com/...his-christmas/
  • #1,462
  • Nov 25, 2011 10:48am Nov 25, 2011 10:48am
Capito...this reversal and re reversal today in all indices.... and the divergence ...should it forewarn us abt something?

was today a fake out...?

Quoting capito
http://forexmechanics.wordpress.com/...his-christmas/
  • #1,463
  • Nov 25, 2011 11:20am Nov 25, 2011 11:20am
Quoting Simr
Capito...this reversal and re reversal today in all indices.... and the divergence ...should it forewarn us abt something?

was today a fake out...?
hey simr, watching PA today was quite interesting..the 'reversals" on the AUD,NZD,CAD and JPY are not yet complete...yes,we have the macd crosses,price piercing filter line, but the rsi directions have not yet aligned...even if they aligned,it wld be wiser to wait till monday...it was quite tempting......its best to wait and see how we close today...
It is possible to make large sums trading, small losses, large wins
  • #1,464
  • Nov 25, 2011 11:35am Nov 25, 2011 11:35am
i think these were the valid entries for today....cap,pls correct me if i am wrong.....am still getting my head around this setup..
Attached Image(s) (click to enlarge)
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It is possible to make large sums trading, small losses, large wins
  • #1,465
  • Nov 25, 2011 11:41am Nov 25, 2011 11:41am
what a big bar...i hope u exited...

Quoting omadivi
i think these were the valid entries for today....cap,pls correct me if i am wrong.....am still getting my head around this setup..
  • #1,466
  • Nov 27, 2011 8:41pm Nov 27, 2011 8:41pm
tue and wed are big news days. As far as i understand the usd forecasts are in its favor but i have the impression that it could be a decieving set up. What you guys think?
  • #1,467
  • Nov 27, 2011 8:55pm Nov 27, 2011 8:55pm
Quoting no1else
tue and wed are big news days. As far as i understand the usd forecasts are in its favor but i have the impression that it could be a decieving set up. What you guys think?
Usd failing from resistance... lets see how the divergence plays out..
  • #1,468
  • Nov 28, 2011 8:09am Nov 28, 2011 8:09am
Hi... Capito...wioudl you pls indulge me and explain why the USD/JPY is going up..when the USD index is going down and JPY is going up since friday.... thanks

Quoting capito
Usd failing from resistance... lets see how the divergence plays out..
  • #1,469
  • Nov 28, 2011 8:55am Nov 28, 2011 8:55am
Quoting Simr
Hi... Capito...wioudl you pls indulge me and explain why the USD/JPY is going up..when the USD index is going down and JPY is going up since friday.... thanks

USD/JPY is going up, because YEN is falling dramatically. Yen is a quote currency (it is a second currency in index LFX/JPY, opposite to rest like for example EUR/LFX) which means that, when Yen index is going up then Yen is going down.

Hope it helps

P.
youtube.com/@pantherfxt
  • #1,470
  • Nov 28, 2011 9:13am Nov 28, 2011 9:13am
Quoting Simr
Hi... Capito...wioudl you pls indulge me and explain why the USD/JPY is going up..when the USD index is going down and JPY is going up since friday.... thanks
USD is weak, but JPY is much weaker than USD (compare the movement of pips), thats why USDJPY is going up.
  • #1,471
  • Nov 28, 2011 9:34am Nov 28, 2011 9:34am
...oh!...oh!...damn i misread that bit...thot LFX/JPY...meant just the same as USDLFX... thank you so much for clarifying that... and i feel like kicking myself....double whammy...USD/JPY short taken on friday...and then closed JPY/INR short today

lesson...in pip cost...

...
Quoting Polleczko
USD/JPY is going up, because YEN is falling dramatically. Yen is a quote currency (it is a second currency in index LFX/JPY, opposite to rest like for example EUR/LFX) which means that, when Yen index is going up then Yen is going down.

Hope it helps

P.
  • #1,472
  • Nov 28, 2011 10:51pm Nov 28, 2011 10:51pm
http://forexmechanics.wordpress.com/...inisters-meet/
  • #1,473
  • Nov 29, 2011 3:40am Nov 29, 2011 3:40am
dryclean.. just tested this EA.. very useful indeed,,,thanks.

Quoting dryclean
Sky
Try this


quote=SkyzerFX;5140398]If anyone has a EA, I believe it's writing by Steve Hopwood

(maybe I'm wrong), very basic one.. First you take a trade, then you drop

EA on the Chart with preset SL/TP (For example SL 100/TP 100) then you

got to lines showing green (for TP) and red (for SL), Anytime you can

drug them with your mouse to any level you like.... I'm trying to locate

this EA in my library.. If you know what I'm talking about, please post

that EA, thanks.. If I find it, I'll attach it ASAP... Thanks..
[/quote]
  • #1,474
  • Nov 29, 2011 4:34am Nov 29, 2011 4:34am
leekag,
Haven't seen you posting lately. Your posts have been helping us immensely. Keep on posting pls (and also capito, now Dec. is coming)
flaw
Wishing my last name were LESS
  • #1,475
  • Nov 29, 2011 6:43am Nov 29, 2011 6:43am
been very busy myself,,,i hope u guys managed to catch some heavy pips on USD, EUR and AUD movement today.. i still have a basket full of EUR pairs as usual,,.. even NZD and JPY moved some heavy pips..

Quoting flaw
leekag,
Haven't seen you posting lately. Your posts have been helping us immensely. Keep on posting pls (and also capito, now Dec. is coming)
flaw
  • #1,476
  • Nov 29, 2011 9:44am Nov 29, 2011 9:44am
Thanks Capito for the simplest system I had ever seen on forex, and good trading for all.
  • #1,477
  • Nov 29, 2011 9:52am Nov 29, 2011 9:52am
I've been silenty lurking as I don't post in forums much. But I just wanted to give a thumbs up for the sound principles and consistency of this method. Being active at the beginning of the month is another key ingredient for the longer term method.
Attached are current trades in which I started scaling into last week. I've traded divergence for a while so the divergence series was right on time. I would like to be able to hold these until mid month. We'll see.

http://img97.imageshack.us/img97/2072/tradese.th.jpg

Happy trades.
  • #1,478
  • Nov 29, 2011 11:16pm Nov 29, 2011 11:16pm
Quoting piphunting
I've been silenty lurking as I don't post in forums much. But I just wanted to give a thumbs up for the sound principles and consistency of this method. Being active at the beginning of the month is another key ingredient for the longer term method.
Attached are current trades in which I started scaling into last week. I've traded divergence for a while so the divergence series was right on time. I would like to be able to hold these until mid month. We'll see.

http://img97.imageshack.us/img97/2072/tradese.th.jpg

Happy...
Thanks for your subscription PH. Glad ur hunting bigtime
  • #1,479
  • Nov 29, 2011 11:16pm Nov 29, 2011 11:16pm
Quoting TealC
Thanks Capito for the simplest system I had ever seen on forex, and good trading for all.
thanks.
  • #1,480
  • Nov 29, 2011 11:17pm Nov 29, 2011 11:17pm
hello dyekid, thanks

please check ur mail.
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