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  • #19,981
  • Oct 10, 2014 10:16am Oct 10, 2014 10:16am
Quoting 4_x
Excellent, I like your CAMMACD strategy and seems to be working well for you, thanks. What do you do if trend is different on two different timeframes such as your hourly and daily? I noticed you went with counter trend the other day meaning you probably went with the trend on the lower timeframe chart. Did the indicators, S&R, and price actions heavily outweigh the longer term trend? {quote}
Thanks for comments. If the trend is different on Daily and hourly, then I need to watch for counter trend setups. Longer term trend is not so important for intraday trading. Day by Day trading differ a lot from longer term charts.

Now if you scalp on m5 thats another option. Then I use MACD on different settings as obviously 5m is a full scalping tf.
  • #19,982
  • Oct 10, 2014 10:30am Oct 10, 2014 10:30am
Quoting T@rantula
{quote} Thanks for comments. If the trend is different on Daily and hourly, then I need to watch for counter trend setups. Longer term trend is not so important for intraday trading. Day by Day trading differ a lot from longer term charts. Now if you scalp on m5 thats another option. Then I use MACD on different settings as obviously 5m is a full scalping tf.
I learnt this method by looking at this thread and the posts of T. Want to add one more point. Please correct me if I am wrong chief..
Combining the historical levels and CAM levels also gives nice counter trend setups. Atleast for a scalp. I mostly look for this confluence before entering a counter setup.
  • #19,983
  • Oct 10, 2014 10:53am Oct 10, 2014 10:53am
Quoting kalyan
{quote} I learnt this method by looking at this thread and the posts of T. Want to add one more point. Please correct me if I am wrong chief.. Combining the historical levels and CAM levels also gives nice counter trend setups. Atleast for a scalp. I mostly look for this confluence before entering a counter setup.
Exactly! But there are still many other important things about CAMMACD price action trading
  • #19,984
  • Oct 10, 2014 10:59am Oct 10, 2014 10:59am
Quoting T@rantula
{quote} Exactly! But there are still many other important things about CAMMACD price action trading
That's very true. I believe it is the reason mostly you plot the entry points pip to pip.
  • #19,985
  • Oct 10, 2014 11:18am Oct 10, 2014 11:18am
The first POC and target levels hit today congratulations. From here if it reaches second POC, then is price expected to go below the initial target .8685 level in your analysis?

Quoting T@rantula
AUDUSD has 2 possible points for next leg of selling. POC1 comes around 0.8735-45 while 2nd zone is 0.8760-65 based on zig zag, ex sellers and double fib levels. There is a possibility for either one to hit and proceed with a new swing down. AUD is pretty much weak now so the targets are 8700 and 8685. {image}
  • #19,986
  • Oct 10, 2014 11:22am Oct 10, 2014 11:22am
Quoting 4_x
The first POC and target levels hit today congratulations. From here if it reaches second POC, then is price expected to go below the initial target .8685 level in your analysis? {quote}
Try to use the trailing stop. Its Friday. It might go there on Monday.
  • #19,987
  • Edited 11:51am Oct 10, 2014 11:32am | Edited 11:51am
Gotcha, I didn't take the trade lol. It's Friday with few hours left so I agree there may not be much movement left today. I made a few pips last night and this morning scalping but closed all trades. Thank you, enjoy your weekend and I look forward to your next webinar.

Quoting T@rantula
{quote} Try to use the trailing stop. Its Friday. It might go there on Monday.
  • #19,988
  • Oct 13, 2014 7:21am Oct 13, 2014 7:21am
Quoting 4_x
Gotcha, I didn't take the trade lol. It's Friday with few hours left so I agree there may not be much movement left today. I made a few pips last night and this morning scalping but closed all trades. Thank you, enjoy your weekend and I look forward to your next webinar. {quote}
Sure! Market will be slow today due to USA/CAD holiday so relax and b ready for webinar
  • #19,989
  • Oct 13, 2014 7:26am Oct 13, 2014 7:26am
Quoting T@rantula
{quote} Sure! Market will be slow today due to USA/CAD holiday so relax and b ready for webinar
just signed up webinar..
  • #19,990
  • Oct 13, 2014 7:34am Oct 13, 2014 7:34am
Quoting bolehbah69
{quote} just signed up webinar..
  • #19,991
  • Oct 13, 2014 8:50am Oct 13, 2014 8:50am
Where is the webinar?
  • #19,992
  • Oct 13, 2014 9:04am Oct 13, 2014 9:04am
Quoting CandleStar
Where is the webinar?
Standard FREE webinars on Monday via go2meeting- Sign up HERE
  • #19,993
  • Oct 13, 2014 9:15am Oct 13, 2014 9:15am
Quoting T@rantula
{quote} Standard FREE webinars on Monday via go2meeting- Sign up HERE
Thanks Tara, unfortunately it does not fit my time schedule today.

Maybe next Monday I am in
  • #19,994
  • Oct 13, 2014 9:16am Oct 13, 2014 9:16am
Quoting CandleStar
{quote} Thanks Tara, unfortunately it does not fit my time schedule today. Maybe next Monday I am in
Sure! Its free pips for all.
  • #19,995
  • Oct 13, 2014 9:58am Oct 13, 2014 9:58am
Quoting T@rantula
{quote} Sure! Its free pips for all.
you can allways see recorded webbinar thanks T for the good fotrm
Scalping
  • #19,996
  • Oct 13, 2014 10:49am Oct 13, 2014 10:49am
Quoting guguxpto
{quote} you can allways see recorded webbinar thanks T for the good fotrm
Not sure, I think they are not uploaded anymore, its best to attend it live.
  • #19,997
  • Oct 13, 2014 5:08pm Oct 13, 2014 5:08pm
Quoting T@rantula
{quote} Not sure, I think they are not uploaded anymore, its best to attend it live.
a didnīt know because i have sow them like that as a truck driver i dont have scaduale to see webbianries live .
thanks any way y build my home strategy very good acurate 90% still in teste some loss that i got are part of a experince that iīm making trying to improve more .but i think i donīt need more than this . i use you r webbinaries that ware recorded to find more filters and a got them .
i keep seing the forum to learn more .
as allways thanks for the very good free stuff . hope one day a can retribute what you give to me .
i hope before december i will post results
Scalping
  • #19,998
  • Oct 13, 2014 11:57pm Oct 13, 2014 11:57pm
Hi T@rantula just like to thank you for the thread, all the good tips and advice
also others that contribute
  • #19,999
  • Oct 14, 2014 2:00am Oct 14, 2014 2:00am
Quoting asaljay
Hi T@rantula just like to thank you for the thread, all the good tips and advice also others that contribute
Thanks, and contribution is always appreciated!
  • #20,000
  • Oct 14, 2014 6:39am Oct 14, 2014 6:39am
EURUSD is showing near term loss of momentum which can be exploited as a potential counter trend trade opportunity. 2610 is the strong level which marks a historical bullish divergence and current camarilla level. We can also see an inner trendline which is thrusting through L4 level - 2660 - strong level also. So if EURUSD breaks through lower trendline it will target 2610 where fresh buyers could wait and push the price up to 2660 retest.

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