CICR system (Currency index cross referencing)

Dear Capito,

I wannt to know was that trade fail or not.
On the CHFLFX H4 timeframe was divergence on the RSI, and in the same time there was a divergence in the opposite direction on the CADLFX . The MACD Pointing down on the CADCHF, but now it goes wrong.

CADLFX

Ok so I almost have this down, just trying to make sure I'm getting the right direction.

say the aud is getting stronger, and the usd is getting weaker

Whichever currency comes first as a pair.. say audusd. Since the aud is stronger you would want to buy in that pair correct??

simply trade strenght vs weakness so yes if aud is gainning and usd is loosing then buy aud/usd

now careful entry and exits are important. get the right timing for max pips gain

awsome.. watched the webinars from the CTG, added the default macd to determine if we are in a downtrend or uptrend and wait for the perfect entry based on the indices

Hello everyone,

My drawing shows a rising wedge in daily which could retrace, so going down for next 10 days.

See by yourselves and enjoy
http://hpics.li/efc445c
http://hpics.li/efc445c

http://hpics.li/efc445c

http://hpics.li/efc445c

As follows, US index shows an chart pattern (Head and shoulders) which predicts pretty well what happened today.

Another wedge but rising this time on EUR index. If the two patterns would retrace completely, so a big move would be occured on EURUSD, EURGBP, EURJPY... Maybe a retracement of the bear tendency of november and new highs in objectives?

Get ready on the H4 timeframe, I give a little contribution on the index analysis. Do a pretty use of it.

hi cg, as you can see ...

It's really inspiring to see you guys making tons of pips. I've been trying to pair the strong against the weak (I know leekag doesn't) but didn't do very good lately, may be I should re-read the whole thread.

GBPLFX Divergence

hey nice one..

check this
http://forexmechanics.wordpress.com/.../01/cad-index/

As the euro strengthens I'm in EU and EJ long. Also the usd is falling so I am in audusd long

3 trades up 160 pips

This seems too good to be true =)

Pay attention EU seems to show some weakness.

Put your SL on BE or in positive area for some profits

Look after your positions!

The eu index has positive divergence. Also I am not trading intraday. As per capitos long term system we are told to put a 100 pip stop and keep the trade running as long as possible. 3 days minimum per trade to let it breath and make the pips =)

I test the system in this moment, but technically I think a stop under the last low is the best .

If EURUSD break the resistances out, it is going into the 1.4200 maybe, according with my analysis.

Hi Capito...this is 4H..but on daily pic is different....so arent we supposed to follow the daily..unless its intra day...OR wait for the CAD to correct...and then enter E/CAD?..unless u were talking of intra day...

thanks...

PS: sent you a PM... earliar today

Please can I any one tell me why the templaate is not updating.
What I am doing wrong.
Metatrader-Expert-indicator that is where I load indicatior
Metatrader-Template that is where I load all the template.
Thanks
Much love

It looks like nzd index is undergoing consildation in preparation for a down trend break out as there is already a divergence in custom macd

Has anyone picked up any long term trades for this month yet?