Rainbow Magic with CRB charts

http://www.forexfactory.com/attachme...6&d=1391801547

Link for updated easy order script.

Today's trade. VMA's on 5 min went flat looked like a ladder reversal of up trend. Went to 1 min chart and entered after rainbow expansion down was clear and breakout to down side imminent. Exit when profit target for the day was reached. Nice trade all in early Asian market .

Nice trade - you were in and out before the News and subsequent reversal.

5 min chart begging for a straddle. Rats tails to that! Both of them bit me on the bottom. Waiting for the market to declare its intentions now............

At last she whispers her secret to me. Now time to do other work

This mornings trade just in profit. Not surprising due lack of news and holidays tonight. No time to wait. Other things to do. Entry trigger was reversal flattop and pullback in 5 min entry on 1min ladder down. Exit when market seemed sideways and time issues for me.

This mornings trade: 5min making ladder. (Also breakout of yesterdays high so being careful here [could be a fake out] , also as this was not the first rung on to-days ladder which would have been a more secure entry point!! but Hey can't watch the chart all day!) Go to 1min look for breakout of the rainbow. Close when price re-enters past red fantail. Another scalp notch in my belt.

Followed my plan made some $.

One looser and one winner this morning. Positive overall as result of nice spike.....weird thing was news was bad but still they buy big-time!! Madness. But made money.

Follow the rainbow. Black above magenta up trend. Black below magenta down trend.

Join the repainting dots (That's not the trade just the trigger to go look for one)

Whats TDI doing? RSI above trade signal line crossing market base up = buy. RSI below market signal crossing market base line down sell.

Enter on break of point B or exit from the rainbow. S/L under or above B. T/P at FIB expansion target 161.8

They stick out like dogs balls in hindsight!!

Udines method made some nice pips today!!!

Analysis of semafor in agreement with rainbow. Interesting.

One winner one loser today. So BE day. Exited my winner early as seemed to be rejecting a FIB level I'd put on chart yesterday. Then went on to hit my target.
HOW OFTEN DOES THAT HAPPEN!!!!! Too many times. How do those little gnomes in Zurich know what I'm doing????

Today's scalp. Exited due to previous resistance level. But it went thru that level.

Yesterdays trade. Entered due to divergence. Heart in mouth for a while but second top also diverged so felt OK to stick it out.
set a profit target (2 X SL) and had to go do other things. Hit target nicely.

SIMPLE Trading with only trendlines and semafor.

Off todays chart using CRB trendlines and semafor many possibilities presented.

Only look for trendlines after a starburst. (Yes it repaints)

Draw trendlines from starburst.

If there is an equal high or low at starburst use the most recent hi or lo.

Look for trendline break and retracement to that trend line.

Enter after a reversal candle i.e. an up candle that is down or a down candle that is up.

Good if reversal candle is also a semafor dot but not absolutely necessary.

SL just above or below starburst. TP at 161.8 FIB extension level. Though note that many went to 200 FIB extension.

Once 100 FIB extension reached move SL to 61.8 level that way if it reverses you have a safe trade.

Note this chart was analyzed after market closed. HINDSIGHT IS JUST BRILLIANT!!

Will trade this way during the coming week.

This mornings trade. You will note I've simplified things even further. Back down to naked chart with my old favourite the semafor. Such a useful little flag waver. But it's not the signal. Semafor just alerts me that a signal MAY be coming. Only price gives the signal.

Todays trade. Nice signal candle. Exit at hesitation at top of two days ago.And note price had moved exactly 100% of the signal candle body length any more is a bonus.

Well after three loosers I went up to the daily to look at the trend and decided it was going down. Placed a 10% recovery trade and left it to mature.
It did and I'm back in profit! Not a comfortable way to trade.

Todays Aud/Usd trade.

Long the USDCAD
Rainbows still doing their job.

I've moved over to Renko charts.
Nice clear trends.
Need to place orders preemptively though due to rapid market movements.