Trading is as simple as ABCD

Its human nature not to see the failures in a potential method but what would have worked.

See the gj chart left arrow up. That's a higher low and the buy would have failed, worst still unless you are very quick whilst you are watching the trade get stopped out the problem compounds itself as you inevitably miss the successful system sell. You can't and won't capture everything.

Post news theres a spike up to 171.69 so the lower high lower low flow got broken. Would you have sold, or bought the pivot bounce see arrow up right? No idea, if the answer is no idea then the rule would be why trade it. If the answer is yes I'd have bought then why, write it down are the rules repeatable? If the rules are not repeatable then the trade falls in the best guess category and that usually ends in tears.

Just cherry picking charts at the moment (or am I). Same general set up as gj, post news spike that broke above the previous lower high so perhaps the flow has changed?

If your ma rules are price above for buys below for sells then after the big spike up you can't sell, if your rule is -100 cc1 210 to be hit you can't sell either. Here the lower high flow broken post news, pa broke through and above the ma's, cci 210 hit +100.

So in terms of rules you can only consider a buy, question is will you take it. Then you need to add this onto your possible trade set ups i.e. post news, break of previous lower high or higher low flow, above/below both ma's, cci 210 hitting +100 or -100. The message that should be painfully clear is keep rules written down, then if one of the set ups proves marginal in your results you can delete it from possible trades. Have a clear vision in your head of the possible scenarios/set ups that repeat so that when they happen you're waiting like I said before for rules to get ticked off.

Plan your trade, trade your plan, then keep results of whats working and (surprise, surprise) stop doing what isn't. No-one said its easy just worth it.

Sorry what I meant was the arrow up left. If you were to trade every ABC that was a buy. In terms of system it would never have been as we are below ma's and below cci 210 -100. What you are trying to do is apply repeatable rules and avoid the trade every ABC in sight which will not work.

Anyway Clive its official am now prattling on way too much and outta here, but believe me I am definitely hanging around.

Hi Mr V

Absolutely love your posts please keep "prattling on" as much as you like, but I will say, in my defense, my entries are very very defined, (excluding my explorer ones of course) and when I get the time I will do a very detailed post explaining them in great detail, before this thread I was regularly taking entries and going to BE quickly sometimes in the same candle.

I watch the tick box when I am entering and if buying I wait for a reversal and an uptrend to develop, sometimes hitting the first pullback "alla" Vantage HLLH thread. On a tick box for christs sake!!! How mad's that!!! So my entries are very,very precise.

Don't ask me why but since I've started this explorer I've messed up but I am sure that is just nerves and over keen to impress, even show off a bit I guess, but as usual the "Market" said "whoaaaa there sonny who you think you're playing with???" and very firmly put me back in my place.

Please do hang around at least until I post my entry system, I think you're like it.

Anyway, gotta go, just developing a strategy around your 8LWMA gonna name it after you the ad"Vantage" trading strategy designed to give you an "advantage" when trading long term trades.

Catch up soon.

OK looking forward.

For what its worth the previous few posts contain probably 90% of how I expect to be trading this plan in terms of likely scenarios/set ups and rules for entry, still poking the plan with a sharp stick for now.

[The indy I described up above is attached. As for which is best?? Guess thats all about trial and error and what works best for you? Try em all out let us know what you think. Hope that helps Clive. {file}[/quote]

Clive, i dont know why but this indicator doesnt show on ma chart yet it appears under my indicator list...Anyone knows why? much thanks

Clive, i dont know why but this indicator doesnt show on ma chart yet it appears under my indicator list...Anyone knows why? much thanks[/quote]

Enlarge the chart it might be lurking off to the right.

Thanks Vantage...Got it

Vantage thanks so much for your Insight. Am closely following this thread with keen interest in your posts...I improve eachday...By the way i read on yo blog as well an article about your daily close analysis for the next day...I trade 10 pairs but managed to predict everything correctly on monday using your ideas. The problem is when to pull the trigger and avoid being stopped out too many times.

Clive i think with Vantage Insight and the rules to entry we are almost there. We just hv to follow the rules...your template is amazing to trade ABC patterns.

Its ok to have many controlled losses....3 pip loss is fantastic with a very high RR.. We just hv to stick to the rules of entry and am sure we are going to get a trade that will break even our previous controlled losses and even profit when we trade according to general trend. Its good to develop other systems but i advise you stick to this for now...I have a feeling emotions are getting in after yo post abt FXCM report and rethinking this strategy...Maybe its because ur trading live....Plz i advise you open a demo and trade it for a week with Vantage entry rules....Take a break from live trading for a week or two.

Nice of you to say, cheers. Next step getting consistent.

The Ad”Vantage” trading system.


Well as you all know I have set myself a goal to double my trading funds in the next 30 days.I will be following my belief that we can enter on 1 minute charts in the direction of the higher timeframes using the simple ABCD entry as detailed at start of thread. The idea being to find some high RR trades with absolute minimal risk.

With that in mind I am looking to develop strategies that will help us to achieve that. Now as I have stated before price can only go up or down so at some point in a day there has to be a 1 minute reversal that takes us back with the daily trend and price never comes back. I have set myself on a mission to find these places and enter safely with minimium risk on a 1 minute chart.

This is hopefully the first of many such strategies as there is more than one way to skin a cat.
This thread has had many useful posts from some of the best traders on Forex Factory, but they don’t come much better than our good friend Mr Vantage. He got me thinking about how we could use the higher timeframes to help us achieve our goal.

Let me introduce you to the all new Advantage trading system designed by me but the inspiration came from Mr Vantage introducing me to the 8LWMA.

First thing we need to do is find some daily pairs that are trending strongly in one direction then try to identify suitable times or levels to enter. I have used my Top 8 Trender indicator for that using Mr V’s 8LWMA as its moving average. This will give us the top 8 daily pairs moving with the most momentum. As shown below.



Now that we have the strongest trending daily pairs all we have to do is find a 1 minute reversal back in the direction of the daily trend.
How do we do this?? Well I have several suggestions to put forward but by all means try and work some out for yourselves and feel free to post here.
A 1 minute reversal is basically a 15 min CCI signal so that is what we will be looking for. To enter just wait for the 15 min CCI signal to cross up over -100 level for a buy or price moves down below +100 level for a sell. If you want to be cautious then wait for the CCI to cross the zero level.
After the 15 min signal then wait for the 1 min CCI to give the same signal and enter with a 10 pip stop and go to BE at 3 to 5 pips. I tend to take the first 2 or 3 one minute signals then just see what sticks. If all entries get knocked off then wait for next 15 min CCI signal and try again.
Eventually something should stick.

By the way pay attention to price action on 1 min if it starts to move back against you just leave it to re-establish itself in an uptrend before trying again. If price action fails then give it up Fred and Gladys are obviously on holiday.

You have 2 choices when it comes to exits, remember we are going for large RR’s here so exit on the daily chart.

1) You can either wait for price to close over 8LWMA then trail stops below/above that candle or

2) If you prefer you can hold until Daily HA candles change colour then trail up behind that candle until closed out. If trend continues eg HA candle changes back to the trend direction then continue to hold until next HA candle colour change.

I use the HA candles because they tell me when momentum is failing and also they are virtually the same as the 8LWMA changing slope.

Also you should take the opportunity to load on every subsequent 15 min CCI turn with the trend using the entry technique as above. Slowly building your positions with the trend.

I have an email alert indicator , thanks yet again to my friend Ted, which you can use to alert you to the 15min CCI turns,either by email, alarm or a pop up or all 3 , up to you. This means you don’t have to sit there all day watching your charts. Indy attached.

Ok so thats one way of doing it, but of course there’s more than one way to skin a cat, so see what you think of this? I have found another way of entering that on the surface looks quite awesome on the current top trender AUDNZD. Let me run it pass you.

As I’ve mentioned many times before my main interest in the 1 minute timeframe is because I believe it shows us when the money comes to the table and as we all know its money that drives these markets. Therefore if we can identify when Fred is reaching for his cheque book we have a fair chance of surviving our entries. So how does Fred like to enter the market when he sees something he fancies?? Fred just loves the good old hourly 100sma that’s how?? He just loves stacking his orders there waiting for price to come to him.

So why not put a 1 hour 100sma on our 1 minute charts and wait for price to come down to it and see how it reacts?? If you’re a gambler put a limit order there with a 10 pip stop but I prefer to wait for confirmation and see what happens to the 1 min then enter on first 1 min pullback as above. Multi timeframe moving average indicator attached. Thanks again Ted.

Hey Ted, if you’re reading this how about an indy to alarm us when price is approaching the hrly 100sma???

Ok lets look at some examples then see if this works retrospectively??

First off lets look at our top 8 trender to see which pair is top??

This clearly shows AUDNZD as trending up the strongest so lets have a look at its chart see how it pans out. As you know we can use the 15 min CCI buy signals for this then simply take the next 2 or 3 one minute CCI buy signals with a 10 pip stop and get them to BE after say 3 pips and see what sticks.

Or we can use Freds favourite entry the old 100sma. Lets have a look at some charts see how it all pans out???



Looking at this hrly chart we can see some of Freds lovely 100sma entries, in fact there are 3 yesterday in quick prossesion. Plus if you look further back you can see how price has been respecting the hrly 100sma many times in the past, so just keep an eye on the 1 min price action as it approaches the 100sma and if it starts to trend away then look for our 1 min entry.

Lets see how the last one looked on our 1 min charts with our hrly 100sma on it?

Now I know that looks like a news event but I couldn’t find one on FF???



Again and again??? 3 times in a day, thats what you could call loading a position on then on the third time hit it with everything you got and push it up the page away from your entries. Must be quite big orders as price just dips through each time then bounces straight up quite hard.

Now thats just my opinion of whats happening by the way ,but think about it? If you’re the Bank of Japan with a bottomless pit of money, wouldn’t you buy then support your own move by buying more so pushing the value of your money up with it?? I bloody would, if I could, but 0.1 lots just don’t cut it.





So the question is can we learn from this and find ourselves a couple of more nice entries with this trend tomorrow? The monthly CCI has just given a sell signal crossing up over the -100 level. How about a retest of that 1.10000 level for an entry?? Just watch the 1 min as it approaches lets see what happens?



Is it going to be worth the risk? 10pips?? And what can we expect from it?? Is it heading towards 1.16000 level for a 500 pip winner?? Is 50:1 a large enough RR trade for you???

Will it come off?? Who knows, but its got 2 choices I guess??

Well what do you think Mr V??? Do you like the Advantage Strategy??

I’m still listening.

I have never been a believer in the buy a 1 min touch of a ma type of trade. The reason being that if you're trying to follow the big boys I don't think they're watching a 1 min chart with a ma and buying according to that. They're buying according to something else whether it be key SR levels, D pivots, RN's or the 25, 50, 75 areas and I believed its a co-incidence they're in the area of 100sma. I'm open to anything and will look. The next issue for me would they be HL/LH's (ie ABCD trades).

On the subject of using a D and 1hr 8 lwma as a filter, users should be aware of a few things that are limitations/good to know:

- On a very strong move with price moving quickly it will go away from the ma which will take some time to catch up
- You can have some very good D candles at proven SR levels that might not cross the 8lwma so they won't be picked up on top 8 list for D but will for 1hr so for best results consult D charts also
- When trending strongly you might have some weak D CT closes that cannot cross the 8lwma, these could be start of CT move but just as likely a pause in trend. If pause in trend that's fine as the 1hr filter and 1 min flow should confirm for trend trades.
- Using the two filters together will give many trades in the middle of these moves
- From proven SR levels the 1hr 8lwma will sometimes show trades before D 8lwma is showing

A look at any D chart with 8lwma and SR highlighted should show what I mean.

So yes Clive still around.

How to eat an Elephant.

I've been thinking about my goal of doubling my account in 30 days and to be honest it seems to be a quite daunting task especially when you look at my explorer account???

Almost seems completely too daunting and impossible to achieve doesn't it?? Bit like trying to eat an elephant? Just seems too big a task to achieve when you first look at it? doesn't it??

But "Where there's a will there's a way" as my old Dad use to say so "How do you eat an Elephant???"

Easy!! Bit by bit! Just eat a couple of mouthfuls a day and before you know it, it will be gone!!! Job done!

Yep and it's exactly the same when you have an enormous task in front of you which appears very daunting and impossible to complete. All you have to do is break it down into smaller parts and tackle each smaller task one at a time until its done.

With that in mind I've had another look at my goal and rather than look at the whole 30 days just break it down to one day at a time. So what have I got to do everyday to hit my goal??

Simple at 1% per pip on a £100 trading account I just need 10 pips per day to achieve my goal. Seems simple enough and a far more manageable task to achieve everyday and with 2 trading sessions to achieve it in London and New York, thats just 5 pips per session. Sounds simple enough to me?

Now I said "simple" but not necessarily "easy", as we all know its one thing to set yourself a daily target but another thing all together to hit it? But 5 pips per sesssion?? Surely I can do that??

Now pass me that Elephants toe over and lets get on with it.

Good morning Sir,back in 2 mins with a reply. still having posting probs, back in 2 mins

Hi Guys,
Hope u r green....
Clive/Vantage can you please help me with cci 210 indicator in window 2. Many thanks

Whats the problem?

Nice set up on GBPJPY if anyones interested break and retest of the 100sma and the daily pivot , not quite going my way yet took the earlier positive push but will hang on until the support at the pivot and 100sma are broken.

Again just got in a bit early looking back but its always easier looking back isn't it?? Oh when will someone write that hindsight indicator??? Ted???

And another ones down, back in 2 mins

This one doesn't quite fit the rules I'm envisaging, I did see that gbp was one of the weakest and gpy the strongest. But on interest rate day for UK and Euro my butt is firmly on the fence.

Clive - I wouldn't get hung up on any particular MA. Probably true to say that the big boys look at the 200 but I'm sure if you pick any random number and put it as an MA on the chart you will find places where it is respected. Good luck with the new venture.

Vantage i need that cci(210) indicator to upload to my chart. I dont have it among my indicators, only gat cci(14) clive histogram...kindly attach it for me here to download. thanks in advance