Trading is as simple as ABCD

The Way i look at Secret of Success in Forex. Practise Practise Practise of one Setup and Stay Discipline. I can see you traded 1m since last few year. That's your strength. Stick to your plan and template. When i went live a few years ago, i disconnected my self from Public Forum and Trading Rooms/Groups for few weeks. It helped me dramatically. Why? No mix views and conflicts and traded what i saw. Everybody is different.

Wish you all the Best. Lots of Green Pips
AK

Hi Jofox

Many thanks for your kind words , sounds like your trading system is similar to mine...

To answer your questions....

1. How long time use this system? .... Well I've sort of been developing this system over the last 6 months here on this thread so its fairly new but I've used a variation of it for a couple of years I guess, but I feel that I've now got it buttoned down to a very workable system with a little more discipline I believe it will be very profitable..

2. What is results?..... I haven't got any official results as such but I have posted most of my trades live as I've entered on this thread so theres the sort of results I get, I have had some incredible days where I got 678 pips from just one LO session on GBPJPY , its not unusual to get a 100plus pips from a session and I'm using a loss limiting strategy going forward with real money whereby I will have 3 strikes and out system... 3 losers on the trot and I'm done for the day so a 30 pip negative day when its not working for me... but hopefully 100 plus pips days when its going my way..

3.Do you use only 1-5min tf or for entry use only 1min tf?......Going forward I am only entering on the 1 minute timeframe and only referencing the 5 min through my TTindy that will be looking at the 35lwma on the 5 min chart... So I will probably be looking to enter on 1 min but if its also top of 5 min will hold for the 35lwma to change colour before closing..


4. Do you use 1-4 hours and daily S/R lines or not?..... Right now I am using the daily, weekly,monthly pivots plus yesterdays high, low and close too... I am very aware of all other levels just by just zooming right out on my 1 min to spot double tops/bottoms etc..

5. Which pairs follow most time? ...... I can only answer this as the biggest movers with the bigger ADRs, like GBPJPY,GBPAUD,GBPCAD, GBPNZD, USDJPY,EURAUD etc . I however choose which one of these biggest movers to trade from the TTindy which shows the strongest 8 trenders so I'm looking at the top 3 or 4. Recently Mr V. is suggesting we look at any evidence of one currency or the other having a high presence in the top 8, say 5 GBP pairs green would suggest GBP strength across the board so look for a GBP pair to set up and buy it...

I can't over emphasise the importance of only trading strong trending pairs and with my new settings based around the 35lwma rather than the 100lwma I shall be looking at my 5 min TTindy as a master and then trade the 1 min strong trenders in the same direction...

Just to add something here on strong trenders, I have recently been very aware that the top trending daily pairs eg JPY pairs are very easy to trade when in the same direction as the daily eg up....Going forward I might keep a strong eye on daily strong trenders for a directional bias on my 1 min charts. That being said I traded the GBPJPY up on Friday with the daily trend for about 100 pips then when it turned over took another 60 odd out of it so the courts still out on this daily bias being critical..

Hope that helps and thanks again for your kind words , very much appreciated...

Some people wanted to compare 34 LWMA and the trend indicator what I posted.

Attached.

Thank you very much for answer my questions. I think main is we will see daily HH or LL price and then concetrate for ABCD with LWMA 35 from 1min or 5min. my favorit pairs are eurusd and gbpusd
Wish you again green pipps.

Thanks Navk have you got the source code ???

Its looking cool I must say shame it hasn't got an alert when slope changes?? Anyone fancy putting a slope alert on it????

Hi Guys

getting a lot of PMs about the webinar recordings but I'm afraid they appear too big for uploading here and have tried to email to a couple of guys but again it says file too big...

Looks like I will have to do some smaller byte size videos instead.

Might do a couple of smaller ones about my strategy and maybe some when I'm trading "live" then post on youtube or something...

Bear with me until I can sort something out...

No Clive, I do not have source code. But some one must be able to do it from this file.

Look at this, how it works in 5 min chart.

Added are 8 EMA + 21 EMA in addition to trend indicator.

Can you do it smaller by using some sort of comprimizer maybe ? using winzip or jzip or something.


Best regards

post your template and indicators so clive and all can load onto mt4 and test it

best wishes clive for your live trading..

Morning Clive.
Feel the fear and do it anyway.

Trade 1 live....

Clive the trade result?

There seems to be no vebinarie today ?

Best regards

Hi Clive,
It's great to see you are now trading a live account and I wish you all the luck in the world. You seem like a giving guy so I hope Karma repays your kindness . You seem to have found a system that fits your personality, if you can find the discipline to stick with it now your trading live, you should do well. FF is a forum where the "system" seems to be king, but the most important aspect of trading is the emotional control of the trader, unfortunately this is also the hardest thing to become the master of.
If you start by trading sufficiently small lot sizes where a string of losses won't have you desperate with worry, you will give yourself a much greater chance of becoming a successful trader, slow and steady wins the race. Greed is the most dangerous emotion for a trader and the one most likely to blow your account. I can guarantee you will at some point be tempted to do silly things and this is where your discipline becomes so important to protect your hard earned money. I am sure you have heard all this before, but it can't hurt to say it again. Trading live is a million miles away from demo, so may the force be with you.

You are brave to display the start of your live trading career for all to see and I hope you can make positive progress. Continue to believe in yourself Clive and success will surely come your way.
Best of luck mate.
Simon

Jason

Please remove your post and kindly leave me to answer any questions ....

Many thanks Clive....

Hi Jgadefeth

Sorry no more webinars for a while , well no live webinars as trading with real money at the moment and need to concentrate. Unfortunately found the webinars detrimental to my trading...

Cheers

Dear Clive,

At least give us chance to see your previously recorded webinar. You can put them in DropBox and give us download link , by this way you dont have to worry to upload somewhere.

Take care of your trading.

Post your ideas in the form of charts, reasonably knowledgeable will be benefited. Spoon feeding is not advisable. One must be able to learn from other's ideas than spoon feeding.

Cheers !