The Club! | Page 516 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Help Me Establish The GbpUsd After Dinner Club 40 replies

Attachments: The Club!
Exit Attachments

The Club!

  • #10,301
  • Oct 10, 2013 2:46am Oct 10, 2013 2:46am
Long GJ and GA.
  • #10,302
  • Edited 5:48am Oct 10, 2013 3:00am | Edited 5:48am
EURUSD, M1, 2013 October 10
Scalping Trades
Profit: +0.75%

Trading within the Bollinger Band at M1 within M15 Range could be a favored aspect here and there.
Maybe it's a little dangerous to trade this strategy now, because an outbreak out of the M15 range could occur at any time now,
but the risk was minim when setting a SL above the M15 range.
I'm not a friend of Stop Loss but in this case I have set one.
FXcube
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2013 Oktober 10.jpg Size: 89 KB
Click to Enlarge Name: EURUSD, M15, 2013 Oktober 10.jpg Size: 76 KB
  • #10,303
  • Oct 10, 2013 3:38am Oct 10, 2013 3:38am
FXcube i really like your style. I am wondering what is your main entry strategy, i see you have BB applied, which i use too personally, it seems like you wait for pinbar or wick rejection of BB and then you look for proper counter trend trade on M1 (with help of CCI)?

What made you choose CCI over Stochs for example?


Quote
Long GJ and GA.

Closed GJ for 5 pips.
  • #10,304
  • Oct 10, 2013 4:36am Oct 10, 2013 4:36am
Ozzie Yen

Preview

Weekly
Attached Image (click to enlarge)
Click to Enlarge Name: Ozzie Yen Weekly 10.10.13.png Size: 49 KB


H4
Attached Image (click to enlarge)
Click to Enlarge Name: Ozzie Yen H4 10.10.13.png Size: 57 KB
90% of people, are wrong about 90% of everything, 90% of the time...
  • #10,305
  • Edited 4:56am Oct 10, 2013 4:43am | Edited 4:56am
Inserted Video
  • #10,306
  • Oct 10, 2013 6:01am Oct 10, 2013 6:01am
Quoting janpec1000
... What made you choose CCI over Stochs for example? {quote} Closed GJ for 5 pips.

Hi janpec1000
I have compared the CCI with a lot of other indicators10 years ago and I have got the result that for my personality and for using it in MTFA it's the most reliable indicator of all. In psychological diagnostik a test have to be valide & reliable if you could use it in a right way. It's the same in the mathematics, statistics or chart analysis. I don't have to use MACD & RSI & Stochs for the reason that I don't like many indicators when trading & that the top and the bottoms of CCI deliver me very fast the most important information which I need when selecting higher-profit-probability trades by comparing ten or twenty currency pairs in a minimum of time. So the CCI indicator give me the most reliable information which I use when trading at the forex market. I have describe the result in one of my threats two, three years ago or so. Of course other traders like other indicators. Every trader has to work with these indicators which fits best for him.
In the mathematical formula seems also to be an important difference when comparing CCI with e.g. MACD or other stochastic ones.
Hope it helps
FXcube
  • #10,307
  • Edited 6:20am Oct 10, 2013 6:05am | Edited 6:20am
EURUSD, M5, 2013 October 10
EURUSD, Daily, 2013 October 10
Scalping Trade
Profit: 1.8%
Two pivotals and SMA200 at M5 and the expectation that the price could falling downside was the intention to invest in this market environment.
The daily has given me the inputs that the market couldn't develope the power of running down the middle line of Bollinger Band and that the downside movements seems more possible.
FXcube
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2013 Oktober 10.jpg Size: 98 KB
Click to Enlarge Name: EURUSD, Daily, 2013 Oktober 10.jpg Size: 87 KB
  • #10,308
  • Oct 10, 2013 6:15am Oct 10, 2013 6:15am
Quoting janpec1000
FXcube i really like your style. I am wondering what is your main entry strategy, i see you have BB applied, which i use too personally, it seems like you wait for pinbar or wick rejection of BB and then you look for proper counter trend trade on M1 (with help of CCI)? ... {quote} Closed GJ for 5 pips.
You could use it in this way described above.
I don't have a main entry strategy. I like MTFA when scalping and take also a look at M5, M15, M30, H1 (in #10'307 it was even the daily chart actually) before I take some higher risk investments what scalping is. Swinging Trades demands also to take a look at H1, H4, Daily & sometimes the weekly one.
FXcube
  • #10,309
  • Oct 10, 2013 6:18am Oct 10, 2013 6:18am
Quote
Hi janpec1000
[highlight=#f4f6f9][color=#000000][font=Verdana]I have compared the CCI with a lot of other indicators10 years ago and I have got the result that for my personality and for using it in MTFA it's the most reliable indicator of all. In psychological diagnostik a test have to be valide & reliable if you could use it in a right way. It's the same in the mathematics, statistics or chart analysis. I don't have to use MACD & RSI & Stochs for the reason that I don't...

Thanks this is exactly what i was doing testing and comparing indicators over and over and thats why i asked question in first place.
Thanks for answer.
  • #10,310
  • Oct 10, 2013 6:33am Oct 10, 2013 6:33am
Quoting janpec1000
{quote} Thanks this is exactly what i was doing testing and comparing indicators over and over and thats why i asked question in first place. Thanks for answer.

...I've test it on different time frames and with different currency pairs. The CCI indicator at MTF gives me an orientation for strategy selection.
I wish you good luck and I'm sure you will find your indicator which fits best for you, ...maybe it could be also the CCI, maybe one or some other ones. We don't know yet.
FXcube
  • #10,311
  • Oct 10, 2013 6:40am Oct 10, 2013 6:40am
Quoting FX-Ray
http://www.youtube.com/watch?v=9h3lByx59ns

nice link!
Thank's!
  • #10,312
  • Oct 10, 2013 6:48am Oct 10, 2013 6:48am
Quoting Forexcube
{quote} nice link! Thank's!
You´re welcome
  • #10,313
  • Oct 10, 2013 6:50am Oct 10, 2013 6:50am
Quoting janpec1000
{quote} Thanks this is exactly what i was doing testing and comparing indicators over and over and thats why i asked question in first place. Thanks for answer.

...I've test it on different time frames and with different currency pairs. The CCI indicator at MTF gives me an orientation for strategy selection.
I wish you good luck and I'm sure you will find your indicator which fits best for you.
FXcube
  • #10,314
  • Oct 10, 2013 6:59am Oct 10, 2013 6:59am
EURUSD; M1, 2013 October 10
Scalping Trades
Profit: +0.4%

This is so typical for the forex market. The price is running up to a pivotal point, turn around, go back and boot up again.
I like these statements. It could also be that the market price go several pips above the pivotal when increasing before falling down.
+0.4% Profit ....not bad for this single market event.
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2013 Oktober 10.jpg Size: 65 KB
  • #10,315
  • Oct 10, 2013 7:15am Oct 10, 2013 7:15am
Quoting theDHT
Ozzie Yen Preview Weekly {image} H4 {image}

followup from earlier post: http://www.forexfactory.com/showthre...45#post7017545

Ozzie Yen

H4 - break qualified

Attached Image (click to enlarge)
Click to Enlarge Name: Ozzie Yen H4 Update 10.10.13.png Size: 58 KB
90% of people, are wrong about 90% of everything, 90% of the time...
  • #10,316
  • Oct 10, 2013 7:16am Oct 10, 2013 7:16am
EURUSD, M1, 2013 October 10
Scalping Trades
Profit: +"0.3%

The important thing for me when sclaping is fast in & fast out.
Don't count your profit when scalping. This should be not part of the business.
Gathering pips here and there is my focus. It's absolutley equal if I make hundred, two hundred or more dollars when scalping & it's absolutley irrelevant if I make one, two, three or more pips per trade. The important thing is for me gathering the pips & milk the market.
I add up figures after the job (one scalping session) is done.
FXcube
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2013 Oktober 10.jpg Size: 75 KB
  • #10,317
  • Oct 10, 2013 7:17am Oct 10, 2013 7:17am
GJ short , TP 156.35
  • #10,318
  • Oct 10, 2013 7:35am Oct 10, 2013 7:35am
Quoting infinitus
market profiles {image} {image}
Hello man..what is you opinion about this count..impulsive 12345 or corrective ABC ?
  • #10,319
  • Oct 10, 2013 7:36am Oct 10, 2013 7:36am
Quoting Afarensis
{quote} Hello man..what is you opinion about this count..impulsive 12345 or corrective ABC ?
Sorry forget the image
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Oct. 10 09.31.gif Size: 43 KB
  • #10,320
  • Oct 10, 2013 8:14am Oct 10, 2013 8:14am
Quote
GJ short , TP 156.35

HIT TP (closed EJ and AJ shorts aswell). It looks quite bullish at momment, 157 might be reached tomorrow.
7 traders viewing now