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Trading is as simple as ABCD

  • #1,841
  • Oct 15, 2014 4:24am Oct 15, 2014 4:24am
Just had a quick skype message from Martin, he's not too pleased with me says I should of caught these 2 trades which he caught and says thats enough now from EURCAD leave it alone...

He loves cross of the MA and retests then pending order 2 pips above signal candle, actually I think he uses market orders...

Whatever not too shabby are they???



Attached Image (click to enlarge)
Click to Enlarge Name: martins two perfect entries.png Size: 60 KB
Feel the Fear and do it anyway!!!
  • #1,842
  • Oct 15, 2014 5:23am Oct 15, 2014 5:23am
Clive - that's exactly how I trade it, albeit on a slightly higher time frame. I don't use CCI at all.
  • #1,843
  • Edited 6:19am Oct 15, 2014 5:35am | Edited 6:19am
Quoting handy148
Clive - that's exactly how I trade it, albeit on a slightly higher time frame. I don't use CCI at all.
Glad to hear it handy148, any chance of some charts??? Show us what you're doing and are you having success with it???
Feel the Fear and do it anyway!!!
  • #1,844
  • Oct 15, 2014 6:38am Oct 15, 2014 6:38am
Quoting clivepackham
Just had a quick skype message from Martin, he's not too pleased with me says I should of caught these 2 trades which he caught and says thats enough now from EURCAD leave it alone... He loves cross of the MA and retests then pending order 2 pips above signal candle, actually I think he uses market orders... Whatever not too shabby are they??? {image}
SO is his signal candle based on a retest of the 35LWMA without penetration, followed by a candle away in the direction of the MA cross?
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #1,845
  • Oct 15, 2014 7:39am Oct 15, 2014 7:39am
Quoting capstone
{quote} SO is his signal candle based on a retest of the 35LWMA without penetration, followed by a candle away in the direction of the MA cross?
Yep thats it martin works very much around his 27ema on all charts and basically trades the cross and retest. he says it as the pullback then a positive flat topped candle back his way, with 5 min trend, and enters 2 pips above that flat topped candle...

Glad you're still talking to me thought I might of gone too far with my post on your thread. However you should of heard Martin tearing strips off of me yesterday after a couple of loose entries which by the way worked!!!! But he's a great one for saying even a bad entry that works is still a bad entry....Reckons its the worst thing that can happen to a trader....

Anyways hows your continuation trades going???
Feel the Fear and do it anyway!!!
  • #1,846
  • Oct 15, 2014 7:44am Oct 15, 2014 7:44am
Quoting clivepackham
Good morning folks sorry about my absence but work pressure stacking up a bit but back today....
Great to see you back
Low Risk Low Stress High Reward High Probability Trades
  • #1,847
  • Oct 15, 2014 7:44am Oct 15, 2014 7:44am
Was concentrating on getting this little break and retest of 25 level when all of a sudden it exploded up the page!!! Sometimes it pays to forget about the news:nerd:

This is a good example of a bad entry that worked, certainly didn't intend to do it this time and wouldn't dream of doing it again!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 64 KB
Feel the Fear and do it anyway!!!
  • #1,848
  • Oct 15, 2014 7:46am Oct 15, 2014 7:46am
Quoting clivepackham
{quote} Yep thats it martin works very much around his 27ema on all charts and basically trades the cross and retest. he says it as the pullback then a positive flat topped candle back his way, with 5 min trend, and enters 2 pips above that flat topped candle... Glad you're still talking to me thought I might of gone too far with my post on your thread. However you should of heard Martin tearing strips off of me yesterday after a couple of loose entries which by the way worked!!!! But he's a great one for saying even a bad entry that works is still...
Have not taken one today yet. USDJPY presented the best one, but it was to close to big news, so I passed.

No worries on your post. I am a car salesman, remember. I have heard it all. Customers are downright mean and liars. You were tame compared to a couple of my customers.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #1,849
  • Oct 15, 2014 7:49am Oct 15, 2014 7:49am
Took advantage of this break and retest to add one on quickly
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 58 KB
Feel the Fear and do it anyway!!!
  • #1,850
  • Oct 15, 2014 7:58am Oct 15, 2014 7:58am
Quoting clivepackham
Took advantage of this break and retest to add one on quickly {image}


Decided to rest today and no trade for me yet. Just looking around to see if anything pops out but most seem to have moved too strongly for me and will rather wait on the sideline. Maybe I should just go back for another snooze before leaving for work. Can't wait to start fulltime trading soon
Low Risk Low Stress High Reward High Probability Trades
  • #1,851
  • Oct 15, 2014 8:06am Oct 15, 2014 8:06am
Its all about trading strong trenders for me and heres a very strong trend on EURUSD post news I know but it still works...

Look at every pullback followed by a green candle just pop a pending buy stop above each green candle after the pullbacks and go to BE very quickly like 1 pip and see if it holds in strong movers like this it very often does.

I just took another 12 pips out of this move on top of my previous 70 odd from two previous trades...
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Click to Enlarge Name: EURUSDM1.png Size: 64 KB
Feel the Fear and do it anyway!!!
  • #1,852
  • Oct 15, 2014 8:18am Oct 15, 2014 8:18am
pushing my luck here I know but this really is a strong trender with some positive fundamentals behind it eg bad news release USD.
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Feel the Fear and do it anyway!!!
  • #1,853
  • Oct 15, 2014 8:21am Oct 15, 2014 8:21am
Got another 17 there...just short of my century from EURUSD today, hmmm wander if i can squeeze another 0.5 somewhere
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 58 KB
Feel the Fear and do it anyway!!!
  • #1,854
  • Oct 15, 2014 8:23am Oct 15, 2014 8:23am
had it but let it go...
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Feel the Fear and do it anyway!!!
  • #1,855
  • Oct 15, 2014 8:29am Oct 15, 2014 8:29am
just another 10 on a breakout now for the retest???
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Feel the Fear and do it anyway!!!
  • #1,856
  • Oct 15, 2014 8:39am Oct 15, 2014 8:39am
I'm gonna hold this one for a bit seems to me no ones for selling this at the mo...
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Click to Enlarge Name: EURUSDM1.png Size: 58 KB
Feel the Fear and do it anyway!!!
  • #1,857
  • Oct 15, 2014 8:42am Oct 15, 2014 8:42am
56 out of that one, love these strong trends....
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Feel the Fear and do it anyway!!!
  • #1,858
  • Oct 15, 2014 8:54am Oct 15, 2014 8:54am
one more quick go might hold this if it keeps going...
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Feel the Fear and do it anyway!!!
  • #1,859
  • Oct 15, 2014 9:11am Oct 15, 2014 9:11am
Well its been going down like a bomb and should of sold it on first pullback but thats very hard to do when you've been buying it all afternoon, but now I'm converted so thought its time to sell it..
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Feel the Fear and do it anyway!!!
  • #1,860
  • Oct 15, 2014 9:21am Oct 15, 2014 9:21am
First loser there for 20 pips and guess what??? A failed breakout, bloody hate em!!!

But lets see if I can't get something back on the way up???
Attached Image (click to enlarge)
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Feel the Fear and do it anyway!!!
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