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  • #2,901
  • Dec 16, 2014 8:29pm Dec 16, 2014 8:29pm
Quoting dvanderlinde
Grabbed 2.5% on GBPJPY, bad time of day to trade so as Clive says took my orphans and ran haha Its hard to trade while travelling Australia. In a Coffee shop now and saw my chance {image}
Travelling Australia? Not sure where you're travelling at the moment, but for someone used to Canadian weather, the Queensland summer would be something quite different, especially today. Enjoy!; I think we've got some of the best coffee in the world.
  • #2,902
  • Dec 16, 2014 9:05pm Dec 16, 2014 9:05pm
Some nice profits booked in GA long trade.
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Intraday only.
  • #2,903
  • Dec 16, 2014 9:07pm Dec 16, 2014 9:07pm
Quoting Kobiet
{quote} Travelling Australia? Not sure where you're travelling at the moment, but for someone used to Canadian weather, the Queensland summer would be something quite different, especially today. Enjoy!; I think we've got some of the best coffee in the world.
In Gold Coast right now and weather is amazing! And coffee here is more expensive but waay better then other parts of the world!
  • #2,904
  • Dec 17, 2014 2:09am Dec 17, 2014 2:09am
Clive,

Just wanted to show the difference between my scalper and yours. Really not to much difference, sometimes I open 1 bar earlier and other times I close 1 bar later.
I developed mine for the E/U to use after the NY close, as the E/U tends to cycle in a 20 pip range before the Asian Open, which I scalp the h*ll out of.

I added a 2 EMA on your method just for reference
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  • #2,905
  • Dec 17, 2014 3:13am Dec 17, 2014 3:13am
Quoting MTPockets
Clive, Just wanted to show the difference between my scalper and yours. Really not to much difference, sometimes I open 1 bar earlier and other times I close 1 bar later. I developed mine for the E/U to use after the NY close, as the E/U tends to cycle in a 20 pip range before the Asian Open, which I scalp the h*ll out of. I added a 2 EMA on your method just for reference {image}
Can you give me more details about this? I trade EU because is my favorite pair.
It is profitable for you this strategy? From how much time do you use it?
  • #2,906
  • Dec 17, 2014 11:21am Dec 17, 2014 11:21am
Came into the market about 2 hours into London open and found nothing major happening, so I decided to call it a day.

Just got to the office and checked the market and saw what the Cable I was initially watching did without me Anyway, took this compensating trade in CADJPY for a quick 13 pips. Not bad for less than 10 minutes trade. Price has pulled back and retesting the high again but the currency strength meter is not confirming the move, so I'm standing down.

Shalom
Attached Image (click to enlarge)
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  • #2,907
  • Dec 17, 2014 2:05pm Dec 17, 2014 2:05pm
Quoting 919gilead
Came into the market about 2 hours into London open and found nothing major happening, so I decided to call it a day. Just got to the office and checked the market and saw what the Cable I was initially watching did without me Anyway, took this compensating trade in CADJPY for a quick 13 pips. Not bad for less than 10 minutes trade. Price has pulled back and retesting the high again but the currency strength meter is not confirming the move, so I'm standing down. Shalom {image}

Well done George I found that a very hard day today nothing seemed to follow through any sense had one mad trade due to frustration and lost so that was me done for the day...

Looking back at the charts its not really surprising nothing seemed to move any sense...

just one of those days I guess...

Spoke to one minute Guru Islander today and he said it was a crap day due to everyone waiting the FOMC statement tonight, so feel better for that...He also said he's fed up with Forex so trading the Dax instead...

Oh well things aren't going to plan since I've gone "live" but Tomorrows another day....
Feel the Fear and do it anyway!!!
  • #2,908
  • Dec 17, 2014 2:49pm Dec 17, 2014 2:49pm
Quoting clivepackham
{quote} Well done George I found that a very hard day today nothing seemed to follow through any sense had one mad trade due to frustration and lost so that was me done for the day... Looking back at the charts its not really surprising nothing seemed to move any sense... just one of those days I guess... Spoke to one minute Guru Islander today and he said it was a crap day due to everyone waiting the FOMC statement tonight, so feel better for that...He also said he's fed up with Forex so trading the Dax instead... Oh well things aren't...
Resigning my job today to commence fulltime trading from January 2015. Yes today was mostly sideways and ranging, and that's why we must learn to wait for ONLY the A+ setup.

Forex is it for me and looking forward to a rewarding career. Look at the following charts :nerd:despite the ranging day, we still got some good ones. It's just like you said, if we know those setups are going to be there, don't chase trades, just wait for them and trade them with excellence when they appear. I have made mistakes too, trying to pick tops and bottoms by taking CT trades but 90% of such trades come back to bite me. So if I continue to do what I have always done, then I shouldn't be surprised if I get the same result - 90% loss. Therefore I wait for the right setup and the A+ ones. There will always be another trade, and another day.

You know how to do it, just wait for it and do it well

Back to work

Shalom
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  • #2,909
  • Dec 17, 2014 2:50pm Dec 17, 2014 2:50pm
ok guys just started trading about 15mins ago and bagged 2 winners for 17pips total so far
i am using this indicator i had in my list and to be honest it is confirming this system,,,it to me complements it.
im not going to post it here or discuss it till ive talked to clive about it because i dont want to change any of this thread or system cos its his little baby.

any one privately wanting to know more then that is a different kettle of fish.

ill try and post a picture or two shortly
  • #2,910
  • Dec 17, 2014 3:49pm Dec 17, 2014 3:49pm
here is a picture guys,,,all winners so far,,,,35pips so far
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  • #2,911
  • Dec 17, 2014 4:12pm Dec 17, 2014 4:12pm
if you havent worked it out yet here is a picture

I MUST STRESS THIS IS ON A 15MIN SO IT SHOWS CLEARER,,,CLIVES TRADES 1MIN CHARTS

1.your trend is down (red lwma)
2.price action is counter trending up back to the lwma,,,MEANING DONT TRADE UNLESS YOUR A COUNTER TRENDER
3.cci is negative and will move to positive ( red to green)
4 rsi is over sold and will move to over bought
5 check make sure this pair is in your trend table list
when all rules have been met,,pull the trigger and trade
so for this we want price bouncing the lwma and going short with the lwma trend and we want over bought cci and rsi

note:rsi is my own added extra not clive`s system and also the yellow/blue swing indicator is my own added feature but confirms well as an overall.

hope this helps and remember ON A M1
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  • #2,912
  • Dec 17, 2014 7:02pm Dec 17, 2014 7:02pm
Quoting 919gilead
{quote} Resigning my job today to commence fulltime trading from January 2015. Yes today was mostly sideways and ranging, and that's why we must learn to wait for ONLY the A+ setup. Forex is it for me and looking forward to a rewarding career. Look at the following charts :nerd:despite the ranging day, we still got some good ones. It's just like you said, if we know those setups are going to be there, don't chase trades, just wait for them and trade them with excellence when they appear. I have made mistakes too, trying to pick tops and bottoms...

Thanks George

You're a good man, always there to pick me up when I waver....

Great charts too and you're right of course just have to wait for the perfect setups, price clearly under/over 100lwma trending strongly, wait for pullback and hit it!!!

Great news about you going full time too, theres another couple of us on here with the same desires so lets hope it happens for us all in 2015...

Good luck Goerge, if anyone deserves to succeed , you do...
Feel the Fear and do it anyway!!!
  • #2,913
  • Dec 17, 2014 8:09pm Dec 17, 2014 8:09pm
Quoting clivepackham
{quote} Thanks George You're a good man, always there to pick me up when I waver.... Great charts too and you're right of course just have to wait for the perfect setups, price clearly under/over 100lwma trending strongly, wait for pullback and hit it!!! Great news about you going full time too, theres another couple of us on here with the same desires so lets hope it happens for us all in 2015... Good luck Goerge, if anyone deserves to succeed , you do...
Thanks Clive, you're the better man, as you've given so much for free and you're here daily leading the charge against the market.

Yes I pray we all realize our dreams. I've discovered the setups are always there and we just need to be patient and disciplined to identify them and enter at the right time when the MA angle is right, and this is why I use the MA Channel (high and low) instead of the close. A 20 - 30 pip daily should provide daily sustenance, and anything above that should build the account, and lot size can be increased gradually to start creating wealth by the grace of God .

Take care my friend as I'm going for a snooze as I have an appointment in 2 hours. I won't be here for London but should be here for the US session.

Shalom
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  • #2,914
  • Dec 17, 2014 8:42pm Dec 17, 2014 8:42pm
Hello cleave,
Is the settings for iwma 35 or 100?

And, for those who don't have time to trade the 1min chart, can this system be used to trade the 1hr and 4hr chart?
  • #2,915
  • Dec 17, 2014 10:15pm Dec 17, 2014 10:15pm
Quoting 919gilead
{quote} Resigning my job today to commence fulltime trading from January 2015.
Congrats brother, you have reached the starting line
Took a lot of courage and hardwork to get there
Wish you all the best

-RR
i worshipped... Momentum
  • #2,916
  • Dec 18, 2014 2:30am Dec 18, 2014 2:30am
Nice profits.
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Intraday only.
  • #2,917
  • Dec 18, 2014 2:46am Dec 18, 2014 2:46am
Quoting Esosa
Hello cleave, Is the settings for iwma 35 or 100? And, for those who don't have time to trade the 1min chart, can this system be used to trade the 1hr and 4hr chart?
Hi Esosa

Been test driving a 35lwma but to be honest its too fast and caussing me grief, my "Fear of missing out" up to its old tricks but George has put me back to rights, lets stick at 100lwma for system trades then look for the CCI pullbacks and to be safe set CCI at 14 or use 8 with some discretion about which to take at key levels...

heres a chart from this morning make sure price clearly below 100lwma....

Attached Image (click to enlarge)
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I'm not going be around for next 2 days LO or NYO as starting new job today and got a 2 day training courese but should be ok for next week ....

Will pop in after work see if theres any London boys exiting for the day....

Good luck all keep it going....
Feel the Fear and do it anyway!!!
  • #2,918
  • Dec 18, 2014 3:30am Dec 18, 2014 3:30am
Quoting RockRobb
{quote} Congrats brother, you have reached the starting line Took a lot of courage and hardwork to get there Wish you all the best -RR
Thanks Rob. Yes took lots of courage and just need one month pay head start. Will be taking orphan trades like I did before and double capital within 2 weeks again by the grace of God.

Wasn't planning to trade London but still awake and so took this CT trade, which I don't want to be doing again but the CSM confirmed the reversal and thot I could take a quick one on pullback to the MA Channel. Took 8+ pips and left some pips on the table for the CT traders Let's see whether we get a retest and continuation, otherwise I'm off to snooze.

Shalom, and see you folks later in the day or tomorrow.

George
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  • #2,919
  • Dec 18, 2014 3:32am Dec 18, 2014 3:32am
Quoting clivepackham
{quote} Hi Esosa Been test driving a 35lwma but to be honest its too fast and caussing me grief, my "Fear of missing out" up to its old tricks but George has put me back to rights, lets stick at 100lwma for system trades then look for the CCI pullbacks and to be safe set CCI at 14 or use 8 with some discretion about which to take at key levels... heres a chart from this morning make sure price clearly below 100lwma.... {image} I'm not going be around for next 2 days LO or NYO as starting new job today and got a 2 day training courese but should...

Good luck on your new job and see you next week
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  • #2,920
  • Dec 18, 2014 4:39am Dec 18, 2014 4:39am
Wish you all the best with your new job Clive!
Still keeping the 100lwma (my kijun is aprox. the 35 lwma, only more informative .-)).

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Nice bounce off the kijun ...got in a bit late in this trend though.
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