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Easy entry system: coloured candles

Quoting kraven
glad I altered GU, out for -15 and not -22, +70 on EU
Well done sir. I really think a lot of people would do themselves a favour popping in here to see what you're doing.
thank you Vantage.

I actualy sold myself short on the EU as it's continued further but it's Friday I'm happy with what I got. I was tempted to leave it open, I have noticed most times the Sunday gap follows Fridays direction.

Although the GU would have stopped me out at my original SL22 (just) it has continued following the 4hr trend down (shame, a pip or 2 can make all the difference)
Hello, today is 30pips on ucad
been a bit busy.
Monday 9: Caught a small loss on EU of -12

Tuesday 10: EU at 13:00 got +30pips, GU 15:30 got +10

Wednesday 11:EU lost -30, GU 17:00 got +27

Thurs 12: EU caught early and Caught +47 (i let it run but it came back and stopped me). I've re-entered when candle hit dots (sl 22).
went for EU instead of GU ()
Quoting kraven
been a bit busy.
Monday 9: Caught a small loss on EU of -12

Tuesday 10: EU at 13:00 got +30pips, GU 15:30 got +10

Wednesday 11:EU lost -30, GU 17:00 got +27

Thurs 12: EU caught early and Caught +47 (i let it run but it came back and stopped me). I've re-entered when candle hit dots (sl 22).
went for EU instead of GU ()
Just watched this go about +10 pips so i went to BE which has just been hit at 2190. still feel this could bounce back down from here but don't want to give any pips back today.
Today.....
I think i will short EU if closed below 1.21845
The Markets just don't care what U believe...
Roels i'd like to see it below 1.2150 myself

so far i'm down -10 pips on EU, some US data out later so see what that does.
got into EU at .2186 breakout. don't like it when GU going the other way. anyway tp 2154 we'll see.

***ed. close was +24pips up, got stopped at BE.
thank u kraven
Hello everyone!
It is possible that someone has this system indicators in the mq4 extension?

Thkssssss
Enter Signature
hello,this works good 4me but i miss a lot. Is possible for alerrt for CCIarrow anybody plz?
Nice and i am following this thread now but it look like it is dead?

Anyone still using this system?
Patience, let the market come to you!
yes i still use it. the thread goes quiet to often and i had days were i feel i'm posting for myself. I prefer to spend my time watching the screens. it's still as good a system as anything else.
Quoting kraven
yes i still use it. the thread goes quiet to often and i had days were i feel i'm posting for myself. I prefer to spend my time watching the screens. it's still as good a system as anything else.
With you on that Kraven, hard work keeping these threads going.

WE ARE GRATEFUL TO YOU FOR ALL YOUR INPUT.

That was not shouting just being decisive!!
I started to use it and i find it is still quite good. Hope more people will start to discuss it again.
Patience, let the market come to you!
  • Post #376
  • Quote
  • Edited 11:57am Aug 23, 2012 11:44am | Edited 11:57am
I just want to thank you for this brilliant set up.
I have been using with much success specially in scalping 5 min
I love how everything is just obvious.
For new traders to this set up I am going to post my chart.Notice how price
for 6hrs stayed under red dotted line which is basically a moving average (50 MA matches closest and looks like it smooths out a bit).
No set up is perfect but I feel confident on this one.

I am going to post my results after few weeks and account statement.Hopefully I can succeed since this is just brilliant in my opinion.
Attached Image (click to enlarge)
Click to Enlarge Name: cable.gif Size: 24 KB
In trading, you have to be defensive and aggressive at the same time
Quoting kraven
yes i still use it. the thread goes quiet to often and i had days were i feel i'm posting for myself. I prefer to spend my time watching the screens. it's still as good a system as anything else.
Kraven,
Have you ever gone live with this? Even on a micro account?
I'm going to start demoing it on 1H TF, using Daily trend as the filter.

Will let the thread know how it goes.
Disregard all prognostications.
Glad you like it Davit, 5min is good but a bit quick for me.

Pigeon yes I have traded it live, small account. I tend to mix it in with other set-ups
Quoting kraven
Glad you like it Davit, 5min is good but a bit quick for me.

Pigeon yes I have traded it live, small account. I tend to mix it in with other set-ups
Kraven
I am glad you are around.Picked up +80 pips shorting GU on live account so far outstanding.
I am however little more aggressive.I don't wait until candle break+1pip by then the meat of the move is gone.
For example entries closer to trend line rewards most pips.
Just for rookies No system is perfect.I still use my Fib lines.Chart my own S/R levels hence this system is used only to reinforce my outlook.So far trend line is very powerful.Closest MA to this is 50MA and I am impressed how accurately it bounces off from it.
This is ideal system for scalping in ranging market since one could get in and out of position.


http://www.forexfactory.com/attachme...1&d=1335903311
In trading, you have to be defensive and aggressive at the same time
Hey guys,

New here, thanks for the post Kraven.

I was trying to backtest this manually on M1 and it stopped letting me go back from July 12, 2012. I wanted to go back to Jan 2012 on M1. However, Every other TF is fine I can go back to Jan.

Any thoughts?

Thanks!
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