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Trading is as simple as ABCD

  • #2,941
  • Dec 18, 2014 4:10pm Dec 18, 2014 4:10pm
here is the EURNZD 1min looking good
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  • #2,942
  • Dec 18, 2014 4:13pm Dec 18, 2014 4:13pm
but wait,,,magnify that 15x

so put 15 1min candles into one candle
have say 6 of those being 90x 1min candles you think you be going down?

what do you think next 6 15min candles going to do?

look .....always consider the what if then process
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  • #2,943
  • Dec 18, 2014 4:14pm Dec 18, 2014 4:14pm
All done by the method clive has shown us,,,,,cci lwma trend 1min etc
  • #2,944
  • Dec 18, 2014 4:16pm Dec 18, 2014 4:16pm
Quoting MTPockets
{quote} Hi Wolf300, Is this what you are referring to ? Granted that right now there is no established trend worth getting into. {image}

MTPockets

could you share your indicator for tms osc hist and explain how your using it,,,this maybe handy to adopt

if not in the main core method but others in there own style
  • #2,945
  • Dec 18, 2014 4:32pm Dec 18, 2014 4:32pm
example of stops moved to next swing high

now in a free trade,,,,no matter what i make min 6 pips,,,but currently up about30 pips

its now all about watching the highest timeframe for me and followthe rules on cci,,,when it gets to the end on that highest timeframe i will be comming down timeframes to 5 or1 min using the cci rules etc and then exit with as many pips as possible
i will close trade if its bed time ifim not in a free trade
i will takewhat profit i canbcos i dont hold open trades over night unless its a free trade like this one
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  • #2,946
  • Dec 18, 2014 4:37pm Dec 18, 2014 4:37pm
Quoting Go5
Wish you all the best with your new job Clive! Still keeping the 100lwma (my kijun is aprox. the 35 lwma, only more informative .-)). {image} Nice bounce off the kijun ...got in a bit late in this trend though.
Dear Go5
Will you be so kind to tell us
your settings for the cloud?
Respects
Dan
  • #2,947
  • Dec 18, 2014 4:39pm Dec 18, 2014 4:39pm
Quoting capstone
Way to go George!! You have cut the cord! This is my goal as well. I pray God will continue to bless you! I first saw you on Favorite's thread and remember you were doing well there. Clive has something even easier here I think. You were using an MA band back then too. Is this band the 100 LWMA that Clive is using? @Clive - Good luck with the new gig. Don't get to comfortable there. Be careful going into next week. Traditionally, Christmas week is New Years week are slim pickins and price moves oddly. I will probably only be a spectator.

Thanks Capstone. Amen to your prayer and I wish you the same. Yes Clive has something easier and I've adapted and incorporated one or two things into my system from his method. I still use the same MA band of 20 MA which is just the same as Clive 100 MA on M1 TF, although I tweaked it slightly as I always like to be different to avoid crowd entry, where the MM may be waiting.

We should all do well if we can be a bit more careful and wait for the right setup before considering any trade, and this will be a rewarding career.

Shalom and God bless

George
Low Risk Low Stress High Reward High Probability Trades
  • #2,948
  • Dec 18, 2014 4:40pm Dec 18, 2014 4:40pm
Hi Guys

Great to see so many of you posting here today, I'll have to work a few more days and give you guys some space to post....

Its great to see you all have your own take on my basic system with an added twist here or there. Good to see...

However I think its time to call a halt to my constant changing, modifying and testing new ideas. Afterall I've spent the last six months finding my pathe so its time to settle on a simple easy to follow system, so watch this space I am going to officially declare my system once and for all...

Well when I say once and for all, naturally I mean for this week.....

Nah only kidding, I have decided to clear up any misunderstandings and officially declare my strategy... watch this space coming shortly....

Might even do a youtube video on it for prosperity...
Feel the Fear and do it anyway!!!
  • #2,949
  • Dec 18, 2014 4:48pm Dec 18, 2014 4:48pm
Quoting clivepackham
...watch this space coming shortly.... Might even do a youtube video on it for prosperity...
Waiting with anticipation. A video would be great.
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #2,950
  • Dec 18, 2014 4:54pm Dec 18, 2014 4:54pm
Quoting MTPockets
{quote} Hello Devontrader, I agree with what you are saying about the method Clive has shared with us. In my opinion it is as close to the "Holy Grail" that everyone is looking for. I've abandoned my previous scalper that has served me well for years. In fact I'm LIVE with Clives ABCD method. I hope that my postings haven't offended anyone, for sure I don't want to change Clives ABCD Scalper. As you say it is a complete package as is, I'm just trying to make myself a bit more comfortable with it. Thank you Clive for sharing. I watched your Youtube...
Hi Mtpockets

Glad you like my system it was working particularly well today I see looking back over todays charts. One thing to be careful of as I'm sure you're aware is too not get too cocky with the market as it has a habit of coming back and biting your bum just when you think you've got it sussed....

make sure you have a strong trender with a good slope on your 100lwma and the price clearly well above it for buying and below it for selling, then you'll find the CCI signals will work fine...

Glad you liked the video too, I'm thinking of posting a couple of simple explanation type videos when I'm not trading live as a picture(video) speaks louder than a thousand words....would just explain the basics and point out some of the pitfalls to be aware of etc.. what do you think?? Good idea?? Anyone else who would like that???

Thanks again...
Feel the Fear and do it anyway!!!
  • #2,951
  • Dec 18, 2014 4:54pm Dec 18, 2014 4:54pm
Quoting clivepackham
Hi Guys Great to see so many of you posting here today, I'll have to work a few more days and give you guys some space to post.... Its great to see you all have your own take on my basic system with an added twist here or there. Good to see... However I think its time to call a halt to my constant changing, modifying and testing new ideas. Afterall I've spent the last six months finding my pathe so its time to settle on a simple easy to follow system, so watch this space I am going to officially declare my system once and for all......
waiting on you clive to post all those lovely pip winners and that huge bulging account that is growing faster then you can spend it
  • #2,952
  • Dec 18, 2014 4:57pm Dec 18, 2014 4:57pm
Quoting 919gilead
{quote} Thanks Capstone. Amen to your prayer and I wish you the same. Yes Clive has something easier and I've adapted and incorporated one or two things into my system from his method. I still use the same MA band of 20 MA which is just the same as Clive 100 MA on M1 TF, although I tweaked it slightly as I always like to be different to avoid crowd entry, where the MM may be waiting. We should all do well if we can be a bit more careful and wait for the right setup before considering any trade, and this will be a rewarding career. Shalom...
George care to share what you have done to tweak with pictures and share any indicators etc

interesting to see how the 20ma is working out,,,,,,
have you tried the superprofit i posted?

set the inputs to 50 15
or
50 20 and watch it
  • #2,953
  • Dec 18, 2014 4:58pm Dec 18, 2014 4:58pm
any one got suggestions on finding targets for profits?
  • #2,954
  • Dec 18, 2014 5:01pm Dec 18, 2014 5:01pm
Quoting dansmol
{quote} Dear Go5 Will you be so kind to tell us your settings for the cloud? Respects Dan
Hi Dan, it's simply standard ichimoku (without tenkan and chiku because I don't use the crossover and I know where the chiku is anyway...), so standard 9-26-52.

End of that trade:

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  • #2,955
  • Dec 18, 2014 5:05pm Dec 18, 2014 5:05pm
Quoting devontrader
{quote} waiting on you clive to post all those lovely pip winners and that huge bulging account that is growing faster then you can spend it

Hi jason

Yes that would be lovely wouldn't it to post my live account and show how its doubled this week

but unfortunately thats quite simply not the case...I'm afraid I've had a torrid week of it and lost every trade so far, but I did have the common sense to stop after just 4 trades so no big damage done to the account but I stopped and re-examined just what I was doing wrong and I think I've worked it out hence the review of the thread and the decision to post my strategy...once and for all...

Its more for me than anyone else to get me back on track....

But don't worry and don't lose faith its all part of trading, when things aren't going right stop and review and adjust. I know the problem and I've fixed it so I'll come back with a bang next week.....

You're doing well I see and good to see such "clean" charts , keep it going, only thing I will say is pay attention to time of day as this 1 min system is designed for market opens..

All the best Clive..
Feel the Fear and do it anyway!!!
  • #2,956
  • Dec 18, 2014 5:09pm Dec 18, 2014 5:09pm
Quoting clivepackham
{quote} Hi jason Yes that would be lovely wouldn't it to post my live account and show how its doubled this week but unfortunately thats quite simply not the case...I'm afraid I've had a torrid week of it and lost every trade so far, but I did have the common sense to stop after just 4 trades so no big damage done to the account but I stopped and re-examined just what I was doing wrong and I think I've worked it out hence the review of the thread and the decision to post my strategy...once and for all... Its more for me than anyone...
will do clive

remember money management!!!!!

i posted a spreadsheet,,,,hope that may help you and others

needs working on a little so hope someone can do that and post it again
  • #2,957
  • Dec 18, 2014 5:11pm Dec 18, 2014 5:11pm
long term view

gbpaud if it retraces 61.8%= 600pips?

if your a harmonic trader too like me this system merges beautifully with it

there is confirming evidence gbp is bearish
  • #2,958
  • Dec 18, 2014 5:15pm Dec 18, 2014 5:15pm
slightly different

h4 gbpaud
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  • #2,959
  • Dec 18, 2014 5:22pm Dec 18, 2014 5:22pm
Quoting devontrader
{quote} George care to share what you have done to tweak with pictures and share any indicators etc interesting to see how the 20ma is working out,,,,,, have you tried the superprofit i posted? set the inputs to 50 15 or 50 20 and watch it

I like a simple chart as you can see from the charts I posted and the only thing you will notice is that I use MA Ribbon (of high and low) to create MA Channel which the Sonic R traders call MA Dragon, instead of the MA of close used by Clive, I wait for price to close outside of the channel before entering any trade. Nothing different from what you guys are doing. One other additional thing which is not showing on my public chart is using the M30 candle imposed on the M1 chart, which I just use for support and resistance, and watch for engulfing M30 candle as additional confirmation of reversal.

I am reluctant to add additional indicators to my chart as what I have is working but will play with your indicators over the week end to get a feel for them. Thanks

Leaving the office for home now, and will not be back until possible US session but if I am still awake @ London open, will pop in to see you guys.

Shalom and trade safe
Low Risk Low Stress High Reward High Probability Trades
  • #2,960
  • Dec 18, 2014 5:44pm Dec 18, 2014 5:44pm
Live account can't complain RR is insane for all trades Best RR this week 7:80 pips
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