TASAYC System

See #561

Exit @ 1.3403

Profit: +10 Pips

Forexcube

its a real pleasure to learn from your trade live .
please keep going we really enjoy the "on the job training"

Landsat

You are welcome.

I'm finalizing/testing the next version which has longer lookback for cci divergence and the triagularMA filter.
I love how this indicator alerts to the next possible divergence, ahead of time !!!
This concept is truly a gold mine for traders... seems we are a small group yet... I don't mind.

I traded a little today, then on to programming...

Carl

hi
we are more than you think
some, like me, just vehold full of awe your movements calm, and in silent, trying to learn.
what you are doing in this tread is truly amazing, a gem.
please keep going.

some of us just dont have words enough to say thank you

kind regards

Good evening, today i got truble with my pc, so i tried to trade with scarp (aka mobile).. it was a real mess, but i closed the day with little profit.

Bad thing i had tech problems, 'cause otherwise I would have much to write today.
I'm really tired now, i'm going to have a shower and then bed!

Compliments to everybody for all the good trades, keep it up!

Good night!


Happy about it, i'm afraid of big crowds

EURUSD, M1, 2011 December 06
EURUSD, M5, 2011 December 06

Short @ 1.3406

PO Short 1.3418 (valid for the next 30 minutes)

Be aware!
Not the best time to trade just now 23:55 GMT+1

See #569

Exit 1.3401

Profit: +5 Pips

Profit: 1'650.-$
(1.6%)

forexcube

what is the best time to trade this system ?


Landsat

See #541

#570 is an excellent example how you could make money with a few pips and not with this "2:1 risk reward" bullsh*t! This trade example might refer central to the aspect of your risk tolerance and how professional traders are able to analyze a market situation (here after NY Market Close).

Kindest regards
FXcube

Hi Landsat
As an advanced level trader I have make the experience that I have to wait as far as a market situation augur well around the clock. When you will make pips, ...no doubt, ... at the most during the open market sessions (London Open, NY Open).

Link:
http://www.finotec.com/forex/forex-trading-sessions.php
See also #576, please.

Hope it helps!
FXcube

ForexCube

Thanks very good links ......

Landsat

Trading Sessions

Now that you know what forex is, why you should trade it, and who makes up the forex market, it's about time you learned when you can trade.
Yes, it is true that the forex market is open 24 hours a day, but that doesn't mean it's always active the whole day.
You can make money trading when the market moves up, and you can even make money when the market moves down.
BUT you will have a very difficult time trying to make money when the market doesn't move at all.
And believe us, there will be times when the market is as still as the victims of Medusa. This lesson will help determine when the best times of the day are to trade.

Market Hours

http://babypips.cachefly.net/school/...hool/clock.png Before looking at the best times to trade, we must look at what a 24-hour day in the forex world looks like.
The forex market can be broken up into four major trading sessions: the Sydney session, the Tokyo session, the London session, and Pipcrawler's favorite time to trade, the New York session. Below are tables of the open and close times for each session:

See the frame below, please.

You can see that in between each session, there is a period of time where two sessions are open at the same time. From 3:00-4:00 am EDT, the Tokyo session and London session overlap, and from 8:00-12:00 am EDT, the London session and the New York session overlap.
Naturally, these are the busiest times during the trading day because there is more volume when two markets are open at the same time. This makes sense because during those times, all the market participants are wheelin' and dealin', which means that more money is transferring hands.

Now, you're probably looking at the Sydney open and thinking why it shifts two hours. You'd think that Sydney's open would only move one hour when the U.S. adjusts for standard time, but remember that when the U.S. shifts one hour back, Sydney actually moves forward by one hour (seasons are opposite in Australia). You should always remember this if you ever plan to trade during that time period.
Let's take a look at the average pip movement of the major currency pairs during each trading session.

Read more:
http://www.babypips.com/school/tradi...#ixzz1fngnO9VD

http://www.babypips.com/school/trading-sessions.html

follow-up

See the frame below, please.

From the table, you will see that the European session normally provides the most movement.
Let's take a more in depth look at each of the session, as well as those periods when the sessions overlap.
Previous Lesson Mark Lesson Complete Next Lesson

 

1. Trading Sessions
2. Tokyo Session
3. London Session
4. New York Session
5. Session Overlaps
6. Best Days of the Week to Trade

Read more: http://www.babypips.com/school/tradi...#ixzz1fnhfw1NJ

EURUSD, M1, 2011 December 07

Trade Example

Profit: + 1'295.-$
(1.2%)

http://lists5.investopedia.com/read/...com&x=e8743b6f

EURUSD, M1, 2011 December 07

Short @ 1.3420, Target @ 1.3386 (1/10)

PO Short @ 1.3440 (DR1), Target @ 1.3367 (MS1) (1/10)
PO Short @ 1.3480 (DR2), Target @ 1.3386 (DP) (1/10)

hello fxc, i took a look to the statement. you open a lot of orders in one day. how are you handling these? manual or automatically?
regards

Manually but I have seen scripts at the Internet which could make it automatically. The problem could be the various spreads of the brokers and the other sneaky MT4 Broker tricks and so I will see life which orders are triggered.
Kindest regards
FXcube

EURUSD, M15, 2011 December 07
EURUSD, H4, 2011 December 07

I try to trade the H4 Range and wait for a bigger breakout.

...and trade also the M15 the CCI-Top downside just now.

Short @ 1.3422, Target @ 1.3387 (DPV) (1/10)

Hi FXcube,

I have been reading your thread the last couple days, good information on CCI!
I just have a question do you typically trade from one pivot to next based on the CCI position for entry? By your trade logs you open a quite alot of positions.


Thanks Mike