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Two Tube Trading

  • #2,101
  • Jun 10, 2012 8:07pm Jun 10, 2012 8:07pm
EURUSD PO Short @ 1.2644 (1/10) (DR3), Target @ 1.2615 (mR3)
  • #2,102
  • Jun 10, 2012 8:10pm Jun 10, 2012 8:10pm
EURUSD, Short @ 1.2640 (1/10), Target @ 1.2631 (Fib 23.6%)
  • #2,103
  • Jun 11, 2012 1:53am Jun 11, 2012 1:53am
thanks boss!

my big problem with this method, do not know exactly when to exit.

normally, i wait to found a divergence with cci and price...but often, I leave early (for fear) and then I see that I lose many points.

I know it is mental work, but I could give a lesson?

thanks!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #2,104
  • Jun 11, 2012 5:20am Jun 11, 2012 5:20am
Quoting Forexcube
EURUSD, H4, 2012 June 11

Short @ 1.2640 (1/10), Target @ 1.2550 (DR1)
#2096

Delete the Target @ 1.2550 (DR1)

EURUSD, M1, 2012 June 11

Exit @ 1.2570

Profit: + 70 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2012 June 11, v1.jpg Size: 113 KB
  • #2,105
  • Jun 11, 2012 5:22am Jun 11, 2012 5:22am
Quoting Forexcube
EURUSD, H1, 2012 June 11

Short @ 1.2638 (1/10), Target @ 1.2615 (mR3)
#2100

The Target has triggered.

Profit: +23 Pips
  • #2,106
  • Jun 11, 2012 5:24am Jun 11, 2012 5:24am
Quoting Forexcube
EURUSD, Short @ 1.2640 (1/10), Target @ 1.2631 (Fib 23.6%)
#2102

The target has triggered.

Profit: +9 Pips
  • #2,107
  • Edited 6:18am Jun 11, 2012 5:38am | Edited 6:18am
Quoting tnavi
thanks boss!

my big problem with this method, do not know exactly when to exit.

normally, i wait to found a divergence with cci and price...but often, I leave early (for fear) and then I see that I lose many points.

I know it is mental work, but I could give a lesson?

thanks!
#2103

Hi tnavi
It is obvious. Anywhere at a pivotal point. Which point depends at the vola of the market which you don't know before. That's one of the reason of my 1/10 strategy. I could go in and out of the market at every point. CCI-Trading seems more a dynamical strategy for experienced traders. It gives me the freedom to decide more oneself. I have only the target of making a profit about 1-2% a day. It seems not so important if you go out of the market too soon. Maybe put in more the MM aspect. How many risk (1/10-10/10) am I willing to take over at what time. For example look at my trades today #2108. Here you could find more trades with a tight profit range (several 1/10 Short Orders near the same entry point) & only one trade I've let run in the heaven (5.40$). Every trader has to work out his own risk tolerance under certain market conditions which could change every day or every hour. For myself making money is more an aspect of the right MM/RM-Strategy not the stresspoints of some alleged "correct" entry and exit levels. The other way around could be too much energize.
Hope it helps!
FXcube
  • #2,108
  • Edited 5:55am Jun 11, 2012 5:42am | Edited 5:55am
2012 June 11
Closed Trades Today
Profit: 10.55$
+1.3%, Basis: 794.13$
(Trading Plan: p.118, #1758)
Attached Image (click to enlarge)
Click to Enlarge Name: 2012 June 11, Closed Trades Today.jpg Size: 277 KB
  • #2,109
  • Jun 11, 2012 6:02am Jun 11, 2012 6:02am
EURUSD, H1, 2012 June 11
After a week-end gap the market seems often evolve the interest to fill it. Under this market environment - one aspect of making some profits could be sequacious: Trading the overlapping H1 candles at M1 & M5.
Kindest regards!
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H1, 2012 June 11.jpg Size: 120 KB
  • #2,110
  • Jun 11, 2012 6:11am Jun 11, 2012 6:11am
EURUSD, M5, 2012 June 11

Trade Example

Entry & Exit at Pivotals with a CCI Top & Bottom (1.2615 - 1.2569).
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2012 June 11.jpg Size: 246 KB
  • #2,111
  • Jun 11, 2012 7:05am Jun 11, 2012 7:05am
@ forxcube

today market opened with a lot of gaps - do you know why the market want to close soon or later the gaps ?? whats the reason/background - or it is a phenomen ??

regards,

as
  • #2,112
  • Edited 7:38am Jun 11, 2012 7:17am | Edited 7:38am
Quoting astock
@ forxcube

today market opened with a lot of gaps - do you know why the market want to close soon or later the gaps ?? whats the reason/background - or it is a phenomen ??

regards,

as
#2111

The reason for this week-end gap was really foolish. Spain was given a cash injection over 100 Milliards in the hope to lull the market.
The history shows also gaps in a forced uptrend which never could be filled. All gaps are not created equal.
You could yahood it "forex gap" 6'720'000 results...e.g. http://www.forex-gaps.com/, http://www.earnforex.com/forex-strat...x-gap-strategy.
FXcube
  • #2,113
  • Jun 11, 2012 7:31am Jun 11, 2012 7:31am
EURUSD, H1, 2012 June 11

It seems to be a market imbalance just now. Could be the vola strong enough for running down the EMA50/200 today? We'll see!
Maybe good aspects for scalping at M1 the little ups and downs currently.
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H1, 2012 June 11.jpg Size: 178 KB
  • #2,114
  • Jun 11, 2012 7:46am Jun 11, 2012 7:46am
hi forexcube,

iv taken couple of days to read this thread, i noticed that your quick shots were no in a stable time ,( i can see your orders from 7am to 11pm in your sheet ) so when or which seccesion do you suggest us to Scalp ? or do you have any principles in trading hours ?
  • #2,115
  • Jun 11, 2012 8:14am Jun 11, 2012 8:14am
Quoting Forexcube
#2111

The reason for this week-end gap was really foolish. Spain was given a cash injection over 100 Milliards in the hope to lull the market.
The history shows also gaps in a forced uptrend which never could be filled. All gaps are not created equal.
You could yahood it "forex gap" 6'720'000 results...e.g. http://www.forex-gaps.com/, http://www.earnforex.com/forex-strat...x-gap-strategy.
FXcube
thanks a lot for your hint.

ys you are right - thats foolish - if such small injection - produces this big demand in the market

best regards,
as
  • #2,116
  • Jun 11, 2012 8:21am Jun 11, 2012 8:21am
EURUSD, M1, 2012 June 11

Scalping Examples
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2012 June 11.jpg Size: 97 KB
  • #2,117
  • Jun 11, 2012 11:23am Jun 11, 2012 11:23am
Quoting m.c.sky
hi forexcube,

iv taken couple of days to read this thread, i noticed that your quick shots were no in a stable time ,( i can see your orders from 7am to 11pm in your sheet ) so when or which seccesion do you suggest us to Scalp ? or do you have any principles in trading hours ?
#2114


Hi m.c.sky
I don't have preferred trading hours. Often you could read that during London and NY Session it might be favored. I have had a time where I have earned 80% of all profit trades during the asian session or outside of all market sessions (with higher risk tolerance). I can't give you an exactly description of my doing. I look at different time frames and make up my mind. It's not like a simple EA. Scalping during asian session is more slow motion and often with less volatility. You need more patience if the price would reach the targets and the targets shouldn't be so far away. On the other hand you could make excellent profits during London & NY Sessions. No doubt! Some good alignments should be to trade overlapping M15/M30/H1 candles at M1 during London and/or NY session and if the market seems in an H1/H4 trend enter in this trend direction when scalping.
FXcube
  • #2,118
  • Jun 11, 2012 11:28am Jun 11, 2012 11:28am
Quoting Forex-Joe
You have this order open over weekend?

Very interesting thread. Thank you very much for publishing this.

Joe
#2095, #2090

Thank you!
Oh yes I know and I take an exit just now at 1.2493 (#2119).
FXcube
  • #2,119
  • Jun 11, 2012 11:34am Jun 11, 2012 11:34am
Quoting Forexcube
EURUSD, M15, 2012 June 08

Short @ 1.2502
#2090

EURUSD, H1, 2012 June 11

Exit @ 1.2493

Profit: +9 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, H1, 2012 June 11.jpg Size: 146 KB
  • #2,120
  • Jun 11, 2012 11:38am Jun 11, 2012 11:38am
Are the market running on vapours just now?
I stay on the sideline and wait for a better probability pattern. The next entry chance will come up soon.
FXcube
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