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  • #1,341
  • Sep 5, 2014 6:25am Sep 5, 2014 6:25am
Quoting capstone
A quick question....I added the TTindy to my m1 chart then changed the setting to show M5 and M15. It did not like that. It looked like it was printing the M1 and M5 in the same spot. So then I changed timeframes to try to clear it, but that did not work. I tried changing it back and that did not work, then I took it off the chart totally. Now it does not show in my indicator list, but is still on the chart. Any help? Thoughts?

You're have to go to "Charts" then "objects" then "control A" to highlight all the objects, then "delete" that will clear all objects but on next tick they will all come back up and TTindy will be clear.

Little gliche with the TTIndy will ask Ted to look into it for us...
Feel the Fear and do it anyway!!!
  • #1,342
  • Sep 5, 2014 6:34am Sep 5, 2014 6:34am
Quoting Vantage
Might regret the exit but so be it I'm leaving computer soon. GBPAUD was 2nd strongest on my TT this am. A break and retest of 1.7446 good angle on ma's, clean a b c. Exit for 21 pips. That's a 4% return on 2% stop. Most likely done for the day. {image}

Nice one Mr V.

I saw how well the gbpaud went but I'd jumped on GBPJPY already so stuck with it. GbpAUD now has flown down the page but at the time of our entries how can we decide which is the best TT to take??? This is something to look into going forward, how do we pick the best pair to trade when 3 or 4 setup at the same time???

My GBPJPY is doing ok but I did sit through a colour change but as it didn't take out last LH I held through it. Like I say Indicators are just that indicators. At the end of the day its the price action that we trade by. I'm looking at the waves up and down and making decisions based on that, every time I get a strong wave down I'm happy to sit through the inevitable wave up that follows as long as it doesn't take out the last wave up. Basic LHLL market structure trading. I'm happy to hold everytime theres a new lower drive down and sit through the next wave up.

Mind you with New York open imminent and spikes assured I'm looking to close out if it spikes against me.
Feel the Fear and do it anyway!!!
  • #1,343
  • Sep 5, 2014 6:46am Sep 5, 2014 6:46am
This question of which pair do we trade when 4 setup together is an interesting one heres the 3 pairs that setup this morning, the burning question is ... How do we decide which one to trade????

Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzdm1.png Size: 67 KB



Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 68 KB


and heres the one I took ...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 61 KB


Not doing too badly but could I have done better??? Should I reduce my risk and take all 3 rather than just one??? Would a higher timeframe give us a clue??? Or shall I just toss a coin????

Hmmm al questions to look into going forward
Feel the Fear and do it anyway!!!
  • #1,344
  • Sep 5, 2014 6:57am Sep 5, 2014 6:57am
Ok rode the NYO so will get off to work now and leave my trade to run. Set a TP at 171.05 before it hits any serious HRLY support.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 108 KB


Will update later when I get home.
Feel the Fear and do it anyway!!!
  • #1,345
  • Sep 5, 2014 7:35am Sep 5, 2014 7:35am
Quoting clivepackham
{quote} You're have to go to "Charts" then "objects" then "control A" to highlight all the objects, then "delete" that will clear all objects but on next tick they will all come back up and TTindy will be clear. Little gliche with the TTIndy will ask Ted to look into it for us...
Well, I did what you said and it did delete all the objects, including the TTindy and all of the lines I had placed over the past few months.....none of them came back though.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #1,346
  • Sep 5, 2014 9:13am Sep 5, 2014 9:13am
Hi Clive,

Very interesting thread. I'm trading a way similar to you but taking trend currencies choose from another place. Anyway, could you please update first post or just compile all the indies and set ups in one post? That is because I don't know where to find your last template and indies needed...


thank you, looking forward your thread
TLM
  • #1,347
  • Sep 5, 2014 10:10am Sep 5, 2014 10:10am
Quoting capstone
{quote} Well, I did what you said and it did delete all the objects, including the TTindy and all of the lines I had placed over the past few months.....none of them came back though.

Oh dear , sorry I should of said it will delete all trendlines too.. But the TTindy should of reprinted immediately on next tick showing your new settings clearly??? Objects deletion will be trendlines, text, including any text from an indicator but once the next tick hits then all the indicator driven texts should reappear.
Feel the Fear and do it anyway!!!
  • #1,348
  • Sep 5, 2014 10:10am Sep 5, 2014 10:10am
Quoting forexdaist
Hi Clive, Very interesting thread. I'm trading a way similar to you but taking trend currencies choose from another place. Anyway, could you please update first post or just compile all the indies and set ups in one post? That is because I don't know where to find your last template and indies needed... thank you, looking forward your thread TLM

Ok will do that over the weekend when I get some time...
Feel the Fear and do it anyway!!!
  • #1,349
  • Sep 5, 2014 10:26am Sep 5, 2014 10:26am
Quoting clivepackham
{quote} Oh dear , sorry I should of said it will delete all trendlines too.. But the TTindy should of reprinted immediately on next tick showing your new settings clearly??? Objects deletion will be trendlines, text, including any text from an indicator but once the next tick hits then all the indicator driven texts should reappear.
No worries. I should have known it would happen. Who knows, maybe it will work out for the best. Thank you for the indy BTW.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #1,350
  • Sep 5, 2014 10:57am Sep 5, 2014 10:57am
Quick update on my GBPJPY trade this morning, suddenly realised it was NFP today so closed out a couple of mins before the news for 31.1 pips, thats a 31.1% winner for me with my 1% per pip risk. But don't get too hung up on my risk, like everything else you can risk whatever siuts you and your risk profile. If it hadn't of been NFP I would have left that trade to run down to my TP at 171.05 which would have been nice.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 51 KB


Had a pretty good week up to now doubling my demo start balance so a satisfactory week but got a feeling next week will be even better...

If my trading carries on like this for another couple of weeks I will be seriously considering going live again with some of my hard earned cash...
Feel the Fear and do it anyway!!!
  • #1,351
  • Sep 5, 2014 11:31am Sep 5, 2014 11:31am
Thought I'd give GBPAUD a go this time as it went a bit further than GBPJPY this morning. Broke its low so at BE again see how it goes...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 68 KB
Feel the Fear and do it anyway!!!
  • #1,352
  • Sep 5, 2014 12:03pm Sep 5, 2014 12:03pm
Hi Clive,

When taking a trade on the 1min for instance in a downtrend, do you check if price is in an overbought situation on the higher timeframe (ie 5 min) or do you just takes trades when the 100 lwma turns and gives you a an overbougt CCI setup on the 1 min? I get the impression that you apply the latter...

Thanks and regards,
R.
  • #1,353
  • Edited 4:00pm Sep 5, 2014 1:38pm | Edited 4:00pm
Quoting RautomatiK
Hi Clive, When taking a trade on the 1min for instance in a downtrend, do you check if price is in an overbought situation on the higher timeframe (ie 5 min) or do you just takes trades when the 100 lwma turns and gives you a an overbougt CCI setup on the 1 min? I get the impression that you apply the latter... Thanks and regards, R.
Having problems with my internet so will give you a brief answer here and post over weekend with a longer reply.

Yes there is some merit in only trading the 100lwma turns when the 15 min CCI is overbought or sold for sure and I would say that would be a good idea because it substantiates our main rule " Only sell tops of waves only buy bottoms of waves" now as the 100lwma turns denote 15 min CCI turns then its highly likely that the 100lwma turns that occur when the 15 min CCI is overbought or sold have a far higher probability of running further. Hope that makes sense.

Also another useful check would be to check market structure on the 15 min chart. EG only sell 100lwma turns that are LH's or double tops only buy 100lwma turns that are HL's or double bottoms. Again buying wave bottoms selling wave tops but within the corrrect market structure.

I am going to try and post a chart to explain this better but due to internet problems it might not work if not will do it over week end.

I think its worked so have a look at this chart, first thing can you see the 100lwma making waves, these are the waves of the 15 min timeframe, look how they mimick the 210 CCI which is the 15 min CCI and again shows the waves perfectly.Now all you have to do is ask yourself where you are in the wave structure before taking any 100lwma turns on the 1 minute chart.

I've tried to point out some good situations and asked a question as to when we might not buy a wave bottom???Theres 2 types I personally look for 100lwma turns just around or after market opens and the market structure of the 15 min chart eg sell LH'd and DT's buy HL's and DB's.

Hope this uploads ok and that it helps.

Sorry I can't give you "solid rules" to follow but unfortunately the forex market is a living breathing thing that you just have to get to know... There are no set rules that never fail its all about taking the highest probability trades that lead to higher RR trades.

Hope that helps
Attached Image (click to enlarge)
Click to Enlarge Name: Qualifying 100lwma turns.png Size: 82 KB
Feel the Fear and do it anyway!!!
  • #1,354
  • Sep 5, 2014 4:06pm Sep 5, 2014 4:06pm
great system I can se right away it aint no bullshit,
it will work, I use a simular strategy with the difference I buy above the highs and sell below the lows.
will be checking in now and then.
Bulls are stupid Animals!especially when Im short!
  • #1,355
  • Sep 6, 2014 12:23am Sep 6, 2014 12:23am
Quoting clivepackham
This question of which pair do we trade when 4 setup together is an interesting one heres the 3 pairs that setup this morning, the burning question is ... How do we decide which one to trade???? {image} {image} and heres the one I took ... {image} Not doing too badly but could I have done better??? Should I reduce my risk and take all 3 rather than just one??? Would a higher timeframe give us a clue??? Or shall I just toss a coin???? Hmmm al questions to look into going forward
If you look at the charts of the 3 pairs you have shown in your above post. Around the time of my entry, on gbpaud you have a line at 11.40. I sold a few minutes before that. If you want to compare what would be the best entry put lines on your different charts and see how each pair looked at that specific time.

All 3 pairs were below their ma so gbp was clearly weak. If you look at the pairs before 11.40 the LHLL flow for gbpaud just looked the best. It had broken its recent range pulled back up to test (just below) the 1.4450 area. Its TT score was the 2nd highest (I didn't trade the highest gbp pair this chart looked cleaner to me) so there was good angle down on the ma. The other two pairs you have shown the LHLL flow was for me not as clean/convincing. As far as I was concerned at the time of entry if you put up a picture of the perfect range break and abc move gbpaud had it.

GBPNZD later also gave great signals and the chart zoomed out looks perfect. At 11.40 though it wasn't the best. I was no longer at the computer but for me gbpaud led the way (with gbpchf if I recall) and the other pairs followed. Still have to get in multiple pairs once up on one but that's a work in progress still.

Will this always work, getting the best pair from the bunch, no but the starting point of getting a trade where something is strong weak across the board as gbp was helps the odds of having a winning trade.
  • #1,356
  • Sep 6, 2014 12:36am Sep 6, 2014 12:36am
Quoting RautomatiK
Hi Clive, When taking a trade on the 1min for instance in a downtrend, do you check if price is in an overbought situation on the higher timeframe (ie 5 min) or do you just takes trades when the 100 lwma turns and gives you a an overbougt CCI setup on the 1 min? I get the impression that you apply the latter... Thanks and regards, R.
On the higher TF's pairs like euraud, gbpaud, gbpjpy have been horribly oversold but they can and will do that when trending strongly. Many indicators will not retrace to normal levels in strong trends. For example euraud D hasn't seen its RSI at +70 for months. So having a higher TF OB or OS isn't an issue.

This is mainly to try and get into trades around the key times of LO and US open when our (short term) trend signal agrees. The first moves after rules have lined up.

Clive has not wanted too much talk of higher TF's and has adapted his exit to be when 100lwma turns colour against your position. That will help to stay in moves for the day when pairs are trending strongly.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDDaily.png Size: 32 KB
  • #1,357
  • Sep 6, 2014 12:46pm Sep 6, 2014 12:46pm
Quoting roughtrader
great system I can se right away it aint no bullshit, it will work, I use a simular strategy with the difference I buy above the highs and sell below the lows. will be checking in now and then.

Hi Roughtrader

I guess you're a "breakout trader" then??? I assume you are looking for trends to continue so selling LL's and buying HH's in the direction of the trend.

I did explain that as an alternative way to enter the ABCD moves in my first few posts but I am a pullback entry man myself, I just prefer that as when point B gets broken(your breakout entry point) then it means I'm a few pips up already which should lead to bigger profits, but more importantly I can move my stop to BE safe in the knowledge that level B is between my stop and price so giving my stop some protection.

http://www.forexfactory.com/attachme...1&d=1401201207

I use to trade breakouts but found that so many times there would be a break and retest so preferred to wait for the retest for entry (point C). Also if I moved my stop to BE then price would come back retest and take me out at BE.

But hey ho whoose to say whats right or wrong what works for one trader often doesn't work for another.

many thanks for your post keep em coming the more the merrier...
Feel the Fear and do it anyway!!!
  • #1,358
  • Sep 8, 2014 1:25am Sep 8, 2014 1:25am
Hey Clive and Mr V,

Thanks for replying. I think i'm gonna give it a try at LO and get a feeling for how this thing behaves

Best regards,
R.
  • #1,359
  • Sep 8, 2014 2:59am Sep 8, 2014 2:59am
Quoting RautomatiK
Hey Clive and Mr V, Thanks for replying. I think i'm gonna give it a try at LO and get a feeling for how this thing behaves Best regards, R.

Hi Rautomatik

How did it go this morning?? Did you catch any of the gbp moves down??? I'm too late to catch the early LO moves but quite often the real moves don't start till just after LO so might catch something.

Right now its all looking like the GBP pairs it might bottom out so we're probably at the bottom of a wave on most GBP pairs so maybe a LO mid morning reversal could be on the cards?? Of course if London sees the referendum news as badly as the rest of the world which caused a 100plus gap down over week end then they could just keep going down?? Interesting to see GBP pairs red on 5 min but just a couple starting to enter the 1 min TT green indicating possible reversals.

Attached Image


But we don't need to guess here just watch the price action on the 1 min/5min and follow the trend.

Just gonna sit back and see what develops watching the market structure mostly on the strongest trending GBP pairs looking for a continuation signal down a LH or DT CCI turn or a clear reversal signal to start buying a HL or DB CCI signal and of course any colour change of the 100lwma.

Lets sit back and see what reveals itself....
Feel the Fear and do it anyway!!!
  • #1,360
  • Sep 8, 2014 3:05am Sep 8, 2014 3:05am
GBPAUD looking interesting coming to top of the 1 min TT and its 100lwma turned green so a nice pullback here to 1.7275 would be cool...

Noticed other gbp pairs 100lwma turning green so is there going to be a reversal here???

15 min charts showing we are at a wave bottom in fact double bottom on most so its kinda looking that way but could just as easily plummet here???
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 60 KB
Feel the Fear and do it anyway!!!
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