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CICR system (Currency index cross referencing)

  • #1,761
  • Apr 19, 2012 8:21pm Apr 19, 2012 8:21pm
as for long term trade (megapips.. ), those are trades I would take when price just bounced from major SnR... see below chart for EU.. I bought multiple EU lots around 13 April or so as price just bounced from major support level from 13 March.... still holding hefty +400 pips for EU..
Attached Image (click to enlarge)
Click to Enlarge Name: megapips.jpg Size: 128 KB
  • #1,762
  • Apr 20, 2012 3:16am Apr 20, 2012 3:16am
here are my current trades,, still open.. nice pips on EU and gold,,, GU still struggling..
Attached Image (click to enlarge)
Click to Enlarge Name: trade1.jpg Size: 205 KB
  • #1,763
  • Apr 20, 2012 3:44am Apr 20, 2012 3:44am
Euro and US$ bounced again,,,time to change directions ...: ) quick pips again... . and gold too...
Attached Image (click to enlarge)
Click to Enlarge Name: trade2.jpg Size: 191 KB
  • #1,764
  • Apr 20, 2012 3:55am Apr 20, 2012 3:55am
as i use M5 TF for quick scalp,,exiting is important.. couples of method could be used..

1. overbought or oversold - stochs level
2. thick support or resistance line (box) developing if price stay stagnant ... this is the good of supdem indi i am using,,,i like it a lot..

standby to exit if both condition occurs,, just protect yr pips,,,
Attached Image (click to enlarge)
Click to Enlarge Name: exit.png Size: 50 KB
  • #1,765
  • Apr 20, 2012 4:04am Apr 20, 2012 4:04am
also consider exiting if the support/resistance box developing on the currencies index charts,,,

here Euro 5M TF chart, price is developing support blue box and also oversold on stochs, so i just closed EU short (12 pips gained).. As US$, still has some space to move, so i'm holding my gold sell..
Attached Image (click to enlarge)
Click to Enlarge Name: Euro US.jpg Size: 149 KB
  • #1,766
  • Apr 20, 2012 4:06am Apr 20, 2012 4:06am
here is the supdem indi i am use for my trade,,,use it and tell me if u like it ... ..
Attached File(s)
File Type: ex4 SupDem.ex4   13 KB | 305 downloads
  • #1,767
  • Apr 20, 2012 4:15am Apr 20, 2012 4:15am
those quick scalps that i hv shown u guys were my live trades in a spate of about 45 minutes or so. Result: 10% gain of my equity... ..
  • #1,768
  • Apr 20, 2012 4:57am Apr 20, 2012 4:57am
another swing another quick pips gained,,,
Attached Image (click to enlarge)
Click to Enlarge Name: Euro US.jpg Size: 199 KB
  • #1,769
  • Apr 20, 2012 6:45am Apr 20, 2012 6:45am
Quoting leekaq
another swing another quick pips gained,,,
Nice one lee.

NZD index daily nice consolidation a break down will be nice.
  • #1,770
  • Apr 20, 2012 9:53am Apr 20, 2012 9:53am
Quoting leekaq
another swing another quick pips gained,,,
Hi Lee,
thank you very much for your posting today.
Have a nice weekend.
Tebis
  • #1,771
  • Apr 20, 2012 1:16pm Apr 20, 2012 1:16pm
another quick swing, another 30 pips bagged for gold,,,
Attached Image (click to enlarge)
Click to Enlarge Name: gold.jpg Size: 182 KB
  • #1,772
  • Apr 20, 2012 1:29pm Apr 20, 2012 1:29pm
I am predicting US$ to rebound to the north at 1.65 area,, see thick blue support there.. sold some very small lots of EU, AU and gold.. let's see how these trades end up on Monday..
Attached Image (click to enlarge)
Click to Enlarge Name: us rebound.jpg Size: 194 KB
  • #1,773
  • Apr 23, 2012 12:37am Apr 23, 2012 12:37am
Aussie weakens in Asia session.

GBP first sign of negative Div.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au.png Size: 35 KB
Click to Enlarge Name: gbp.png Size: 33 KB
  • #1,774
  • Apr 23, 2012 2:11am Apr 23, 2012 2:11am
prediction is rigth after all,,,nice pips gained on AU and EU.

Quoting leekaq
I am predicting US$ to rebound to the north at 1.65 area,, see thick blue support there.. sold some very small lots of EU, AU and gold.. let's see how these trades end up on Monday..
  • #1,775
  • Apr 23, 2012 2:18am Apr 23, 2012 2:18am
Hi,

I just wanted to say thank you to both of you guys. You really changed my view of trading. Discovered you 2 days ago and still have to study a lot, but it seems to be worth it.
  • #1,776
  • Apr 23, 2012 4:27am Apr 23, 2012 4:27am
have fun
Attached File(s)
File Type: zip CICR symponie.zip   140 KB | 856 downloads
  • #1,777
  • Apr 23, 2012 4:36am Apr 23, 2012 4:36am
this is the gold sell order chart that i placed on Friday when i predicted US$ gonna rebound,, easy 50 pips win again,,,small lot size though but good pips are good pips...
Attached Image (click to enlarge)
Click to Enlarge Name: gold.jpg Size: 158 KB
  • #1,778
  • Apr 23, 2012 6:27am Apr 23, 2012 6:27am
Quoting leekaq
have fun
Thanks a lot for your cicr-symphonie files man -

Crazy enough they are working on all TFs but not on M15.
Gives me just a horizontal line on M15. Oh Lord what do we know? -
Anyway, I have enough templates to compensate that.
But yours is extremely good looking on H1 I think.

Greetz from Germany to Malaysia (and Indonesia (Capito) of course)!!!

You and Capito are my new heroes -

Do you make your basket decisions with the Dashboard alone or do you use further things?
  • #1,779
  • Apr 23, 2012 6:37am Apr 23, 2012 6:37am
This is my current setup btw.
If I can improve something please let me know -

P.S.: I have no index feed at the moment and I am not pleased by the idea to add another Metatrader (Sigtrader). I have already 9 installed!
Attached Image (click to enlarge)
Click to Enlarge Name: CICR_SYMPHONIE_SETUP.jpg Size: 218 KB
  • #1,780
  • Apr 23, 2012 7:19am Apr 23, 2012 7:19am
man,, the name of the thread is CICR which stands for currency index cross referencing,,,,

Quoting CandleStar
This is my current setup btw.
If I can improve something please let me know -

P.S.: I have no index feed at the moment and I am not pleased by the idea to add another Metatrader (Sigtrader). I have already 9 installed!
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