TASAYC System

Hello,

This is my first post, although I am following your posts at different threads here at Forexfactory since several months. I just want to transmit to you Forexcube, my gratitude for creating such a great thread that is an invaluable source of knowledge for advanced and new traders as myself.

I am convinced that there are a lot of people like me that in silent and with full awe are your faithful followers. Please, keep being like so far in the coming new year 2012.

I know you only by your posts but I already know you are a master trader and a good person.

Happy New Year 2012 !!

Forexcube,

Je te souhaite également une bonne année 2012.
Rare sont les personnes qui ont la générosité de partager leur passion, dépourvu d'esprit mercantile.
Tes interventions dans ce forum élèvent à chaque fois le débat.
Tes présentations sur le cheminement de tes décisions sont très intéressantes.
J'espère pouvoir te lire encore souvent au cours de l'année 2012.

Balouf

Blessed 2012 to all FX traders here .

Forexcube, withdrew some profits from my live account this week ,made from following this thread . Thankyou sir ! There are many traders like myself who benefit from your experience and skill that you share with us . You also very patient , Steve Hopwood would have banned a few people here , it works .

WELL....Said......

EURUSD, M1, 2012 January 02
Trade Example
Scalping
The Exit Level was triggered at the CCI-M1-Top and the upper Line of the Bollinger Band.

Profit: +13'850.-$
(2.77%)

Indicator: BB Period: 14, Deviations: 2, Shift:0, Apply to: Close, & BB Period: 14, Deviations: 3, Shift:0, Apply to: Close

EURUSD, M15, 2012 January 02
Swinging Trades

Long @ 1.2929, Target@ 1.2947 DPV (1/10)
Long @ 1.2929, Taget @ 1.2969 (mR1) (1/10)

PO Long @ 1.2921 (mS1), Taget @ 1.2991 (DR1) (1/10)
PO Long @ 1.2896, Target @ 1.2947 (DPV) (1/10)


More downside movement could be possible.
Daily could go more down & the weekly divergence could be more highly developed.
So I would trade more downs at M1/M5 with (5/10 - 10/10; so LOM might be then included).

May the year 2012 be a good one?
All your wishes come true?
May 2012 be a year of prosperity?
No chance............ 2012 will be a year economic and financial turmoil. So enjoy your family and friends is the most important.
Let's believe that the economic situation in 2012 will be as bad as 2011: we can only have good surprises.


And always keep in mind ....."I do not want to know the answers, I just seek to understand the questions"...Confucius

Landsat

GBPAUD, H4, 2012 January 02

I preferre to trade the GBPAUD at different time frames just now, due to the fact that this currency pair seems to be in a higher probability tolerance zone to adapt the risk. So why not go in with several trades at different time frames and price levels these days?

Long @ 1.5168, Target @ 1.56 (1/10)

PO Long @ 1.50 Target@ 1.54 (1/10).

Daily & Monhly could go further downside.

See also Daily (#1012), Weekly & Monthly (#1013).

GBPAUD, Daily, 2012 January 02

See #1011

1.50 - 1.5150 seems for me a good market price to enter some Longs.


Forex Swing Trading

Forex swing trading is a form of range trading. The swing trader attempts to capitalize on periods of market indecision, and aims to make use of support and resistance lines, channels and price patterns such as tops and bottoms in formulating his strategy.

This style offers greater odds of success for beginners as it doesn’t limit the trader’s attention to a couple of hours (unlike day trading), and because the swing trader doesn’t need to invest a lot of time trying to identify the perfect price for entry and exit. As long as the price remains within the range identified, and the periodic reversal patterns persist, the trade will return a profit. When the range breaks, the swing trader has no illusions about what he must do. His period of bounty is over; he can enjoy his profit and rest as he awaits the next suitable period.

Needless to say, the main requisite for successful swing trading, as with trend following in general, is the correct identification of the range or trend. In doing so, the employment of both fundamental and technical analysis perhaps offers the greatest rewards, but the trader will usually choose the method that he favors the most. In either case, gaining a good understanding of the type of market experienced for a particular currency pair and formulating a defined strategy on that basis is the best course. As previously mentioned, the swing trader does not need to be precise about the entry and exit points; all he needs to do is catch the main movement, taking profit as soon as the price action runs out of speed at a point close the limits of the range identified.

http://www.forextraders.com/learn-fo...g-trading.html

GBPAUD, Weekly, 2012 January 02
GBPAUD, Monthly, 2012 January 02

The Weekly & Monthly Candle could shape further downside and may be we could see a Price Action (Engulfing Pattern, Hammer, ...or so) at the end of January.

again:
PO Long @ 1.4950 (1/10), Target @ 1.5760
PO Long @ 1.4880 (1/10), Target @ 1.60

See also #1011

Forex Swing Trading Strategy
October 9, 2009 by Kelvin

Some of you may have heard of forex swing trading from some forex books or courses that you have attended. I personally love to trade swing as it usually is more predictable and it also tends to happen on certain time of the day.

So What Is Forex Swing Trading?
Swing trading is the U turn of a trade at a certain point of time. It is not to be confused with reversal trading as swing trading is only for a short period time while reversal trading is for a change in trend.

Here are some pictures of swing trading:
http://www.how-to-trade-currency.com...orexswing1.png
Forex Swing Example

http://www.how-to-trade-currency.com...orexswing2.png
Forex Swing Example 2

Basically this is how you can trade forex swing.

Step 1: Look for either London Open, London Close, New York Open or New York Close depending on the availabiliy of your time. Typically, these are the time where the swing is likely to happen and if you manage to capture the time right, you will see the profit.

Step 2: Setup your indicator to look for swing. You need an oscillating indicator like the RSI or stochastic to help you identify a swing. You can also add in the PSAR to help you time the entry. I usually make use of oversold or overbought to help me time my entry. The PSAR is also one good tool to do that.

Step 3: Setup the major support and resistance like the Fibonacci level or the Pivot point for the day to help time your exit. Usually I exit my swing trade at a fibonacci level or pivot point.

Step 4: Always wait for a proper trend line break before you enter a trade.

http://www.how-to-trade-currency.com...-strategy.html

CADJPY, Daily, 2012 January 02

Set CADJPY on the Monitor List.

PO Long @ 1.7457 (S3) (1/10)
PO LOng @ 1.7350 (1/10)

Note:
The Triangle Formation could force a breakout!
Set a Stop Loss adequate.

Dragon.. 4 hr.. couple of clear diversions.. using 10 and 50.. as per Cubes post at start of thred.. He uses 10 and 60 but on post abt Woodie mentiones 50 so hve mixed.. getting some good reliable signs.. watching 14 ..2 of course..

A couple of interesting signals on 4 hr gold chart using.. 14 and 50..also note weekly ppx 1564.. and 1/4 pivots 1564 is also a support line..

This combination of short and long term.. CCIs interest me a LOT..

a picture is often better than a long speech..


landsat

interesting landsat... what Ma's use?

thanks

portfirio

i use EMA 6 and EMA 15 , it works well also on a 5 mn graph , you have to check if the the low and high are given by :
1.CCI cross M6
2. M6 cross M15
3.or CCI itself

Trade Example

EURUSD, H1, 2012 February 03

Profit: + 55'850.-$
(11.17%)

You could also make your Entry at Point A and go out of the market at Point C (before the Divergence) or after it (D).

I haven't much time these days so I have set it beforehand, but DR2 or DR3 could be also okay. When you are able to make a correct Multiple-Time-Frame-Analysis probabilities should rise to make orders like this.
Kindest regards
FXcube

Here is another tool I whipped up. It gives you an indication of the CCI extreme hook for each currency. An extreme hook is when the CCI goes up over 100 and on the next bar, CCI is down (and opposite). Usually ForexCube will use these hooks in the higher timeframes to trade the lower. So if the 1-Hr has a bullish hook, he would trade the 5-min CCI divergences long only.

I noticed that ForexCube trades these (directly or indirectly) by studying his posts. I talked about this earlier in another post.

You can specify which pairs you want to see, just enter them in the 8 spots provided. The indicator will add a post-fix for you. (if your pairs have EURUSDm, you don't need to enter the "m")

You can specify what you consider extreme. Default is 100/-100.

There are no alarms. I have enough alarms going off.

Hope it is useful.

Carl