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Constant Range Bars and ideas!

  • #81
  • May 13, 2014 2:51am May 13, 2014 2:51am
RULES OF TRADING GMT!!

Here are some general rules from thread that I was wrote long ago and it is about time trading,but read that as they can help you how to implement on offline charts,same principle,we only use 7 and 20 instead of 5 and 15 minutes to reduce noises!!

REGARDS!
Attached File(s)
File Type: docx GMT (4).docx   22 KB | 516 downloads
  • #82
  • May 13, 2014 4:15am May 13, 2014 4:15am
Ok lets move on....

I know many of you didn't find your path in this strategy with candles (i was struggled to),but in CRB can be so simple and profitable.... decision of entries are even more easier than TMS because they are 100% mehanicall,not SIGNALS BUT ENTRIES...

BE AWARE!

You will lose if you take all signals,focus only on high probablity one and it can be great....

Will show you at time....

Example of trade.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euraudm20.png Size: 41 KB
Click to Enlarge Name: euraudm7.png Size: 44 KB
  • #83
  • May 13, 2014 9:15am May 13, 2014 9:15am
Quoting Zokynho
Ok lets move on.... I know many of you didn't find your path in this strategy with candles (i was struggled to),but in CRB can be so simple and profitable.... decision of entries are even more easier than TMS because they are 100% mehanicall,not SIGNALS BUT ENTRIES... BE AWARE! You will lose if you take all signals,focus only on high probablity one and it can be great.... Will show you at time.... Example of trade..... {image} {image}
Really interesting Zok!! What I see is too many posible entries. It's true we have to find just the best of them. How do you do that? I mean, colud you expplain the first in the process of a trade, and how you manage. First you look at the CRB20 and look for a closing bar in oposite direction of the current trens? Or just look to the CRB7 chart Genesis entries that matches with a clear trend in CRB20?

I'm going to trade just London session. My goal: 30 pips a day. I think it's not a foolish goal, don't you think?


thayou again, so helpful all...
TONI
  • #84
  • May 13, 2014 1:46pm May 13, 2014 1:46pm
Quoting forexdaist
{quote} Really interesting Zok!! What I see is too many posible entries. It's true we have to find just the best of them. How do you do that? I mean, colud you expplain the first in the process of a trade, and how you manage. First you look at the CRB20 and look for a closing bar in oposite direction of the current trens? Or just look to the CRB7 chart Genesis entries that matches with a clear trend in CRB20? I'm going to trade just London session. My goal: 30 pips a day. I think it's not a foolish goal, don't you think? thayou again, so helpful...
Hey Tony,

Well depend on situation when to enter,this comes with experiance and it is hard to say exactly.....Sometimes i look at higher brick size if strong trend to enter on smaller ones,but actually smaller one sneed to turn first and they lead bigger ones...You must get feeling of how currency pairs moves and what is average ATR of specific pair....Some pairs are more volatily than others, basic knowledge is also important (support,resistance, fundamental stuff and so on),what is time of the day,day in a week...It is hard to tell exact formula but I will try to explain in future more about this...

If you are conservative wait for bigger picture to turn and than enter on 7 when it is clear in 20,if you are aggresive wait for exaustion of 20 and patter on 7 and enter with signal...look for 123 pattern,higher low,lower high to get picture,double tops/bottoms.....

Yes you are correct that there are many entries,watch for those that can give you smaller stop loss and good RRR (example picture below)

You goal is realistic and 30 pips on average is ok,but bear in mind that some days you will have 100 pips in some days maybe -30,but this you need to cover with good money management...

Trading isn't easy,always missing something,you need to find your edge and your way,i can give you only ideas.....and it is much easier with CRB (at least for me)...

Here is example of EUR/USD:
On 20 chart you saw 3 clear waves 200 pips which is good for this pair and divergence around big number so it is high probability for turning....this first hint need to be in your head

Now you look at 7 chart to see will there be anything juicy to enter...and there is support formed around big number with divergence of both stochastic and you got entry signal (all 4 matrix and arow)....RRR is good and this trade is really good to take...

REGARDS!
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurusdm7.png Size: 45 KB
  • #85
  • May 13, 2014 2:02pm May 13, 2014 2:02pm
HINT!

Here is example what to look in future when there is really strong move like this on euro,bearish sentiment may last so we want to be sure before buying because you can be stopped out many times,patiente need to be really strong,don't chase trade,let it come to you!

Let the market give you confirmation,few of them listen to market,open eyes :nerd:!!

Hope this help you to get one more idea...

Regards!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdm20.png Size: 42 KB
Click to Enlarge Name: eurusdm7.png Size: 39 KB
  • #86
  • May 13, 2014 2:13pm May 13, 2014 2:13pm
HINT!

Look at stochastic,they can tell you much....

Yellow stochastic represent 20 picture and when 20 is in OB/OS area and stochastic from 7 (blac/white) is in opposite area expect another move in direction and trade with signal...it is like catapult for hint about what the next move could be!!

REGARDS!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdm7.png Size: 46 KB
Click to Enlarge Name: gbpusdm7.png Size: 59 KB
  • #87
  • May 13, 2014 3:28pm May 13, 2014 3:28pm
Video that explain about CRB!!

Good night!!

Inserted Video
  • #88
  • May 14, 2014 4:29am May 14, 2014 4:29am
Quoting Zokynho
HINT! Look at stochastic,they can tell you much.... Yellow stochastic represent 20 picture and when 20 is in OB/OS area and stochastic from 7 (blac/white) is in opposite area expect another move in direction and trade with signal...it is like catapult for hint about what the next move could be!! REGARDS! {image} {image}
Zok, thank you. Really interesting.

The problem is that indicator #MTF Stocastic doesn't work in my platform, I don't know why... Did you do any modification? In my platform don't leave it to open.


toni
  • #89
  • May 14, 2014 4:39am May 14, 2014 4:39am
Quoting forexdaist
{quote} Zok, thank you. Really interesting. The problem is that indicator #MTF Stocastic doesn't work in my platform, I don't know why... Did you do any modification? In my platform don't leave it to open. toni
No i didn't do any modification,

Try with this,if not google mtf stochastic indicator and you will find one,there are plenty of them....

REGARDS!
Attached File(s)
File Type: zip st.zip   23 KB | 490 downloads
  • #90
  • May 14, 2014 5:41am May 14, 2014 5:41am
Quoting Zokynho
{quote} No i didn't do any modification, Try with this,if not google mtf stochastic indicator and you will find one,there are plenty of them.... REGARDS! {file}
OK thanks. It seems to work, but which are the settings for that Sto, reflecting the CRB20 chart?



toni
  • #91
  • May 14, 2014 6:00am May 14, 2014 6:00am
Quoting forexdaist
{quote} OK thanks. It seems to work, but which are the settings for that Sto, reflecting the CRB20 chart? toni
11,3,3

Regards!
  • #92
  • May 14, 2014 6:30am May 14, 2014 6:30am
Quoting Zokynho
{quote} 11,3,3 Regards!
Year, but those settings are for the Crb7 charts, what I ask are the settings for Crb20 in a stocastic drop in the 7 charts. What I've done is mides two stocastics.Sorry, I dont know how to explain it well.Toni
  • #93
  • May 14, 2014 6:37am May 14, 2014 6:37am
Quoting forexdaist
{quote} Year, but those settings are for the Crb7 charts, what I ask are the settings for Crb20 in a stocastic drop in the 7 charts. What I've done is mides two stocastics.Sorry, I dont know how to explain it well.Toni
Yes Tony i understand what you mean and setting are same 11,3,3 for stochastic on 7 and 20,both in one window!

Regards!
  • #94
  • May 14, 2014 3:16pm May 14, 2014 3:16pm
gu +10 +20
gj +10 + 20
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdm2.png Size: 31 KB
Click to Enlarge Name: gbpjpym2.png Size: 35 KB
Trade what you see .
  • #95
  • May 14, 2014 4:44pm May 14, 2014 4:44pm
Quoting dano858
gu +10 +20 gj +10 + 20 {image} {image}
Nice one Dano858,

What is moving average on your chart?

Regards!
  • #96
  • May 14, 2014 4:51pm May 14, 2014 4:51pm
Quoting Zokynho
{quote} Nice one Dano858, What is moving average on your chart? Regards!
20 ema
Trade what you see .
  • #97
  • May 15, 2014 3:28am May 15, 2014 3:28am
Quoting dano858
gu +10 +20 gj +10 + 20 {image} {image}
Hey, well done. Could you explain your entry/exit rules? Do you check any other chart for the big picture...


thanks
TONI
  • #98
  • May 16, 2014 8:14am May 16, 2014 8:14am
+ 10 +20
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpym2.png Size: 44 KB
Trade what you see .
  • #99
  • May 16, 2014 8:25am May 16, 2014 8:25am
Quoting dano858
+ 10 +20 {image}
Hello Dano858,

Can you explain what indy you use in lower window and how this can help us?

Thanks in advance,

REGARDS!
  • #100
  • May 16, 2014 8:48am May 16, 2014 8:48am
Quoting dano858
+ 10 +20 {image}
Please Dano, could you explain how do you get those green pips? We would like to learn how to pick this amount regulaty. Are you using the "coral" moving average?



cheers
TONI
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