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Trading is as simple as ABCD

  • #3,401
  • Jan 18, 2015 1:36pm Jan 18, 2015 1:36pm
Quoting OAPDave
Hi guys Lets all move on and give Clive and is thread our full support, I am over my problem so please no more comments needed about the subject
good news buddy ,,lets make progress and see if we can improve this system
  • #3,402
  • Jan 18, 2015 3:21pm Jan 18, 2015 3:21pm
ok guys here is a picture of my chart madeup of clives method of abcd and a little extra ideas ive come across along the way

thankyou to clive and navk

lets see how this pans out
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-01-18_2117_toc.png Size: 119 KB
  • #3,403
  • Jan 18, 2015 3:31pm Jan 18, 2015 3:31pm
Great chart.

Try to practice taking based on charts.

The MA's are 100 LWMA and 34 LWMA ?

ALSO REMEMBER, THE TREND DIRECTION BASED IN 1 HR, 4 HR DAILY CANDLE.
Intraday only.
  • #3,404
  • Jan 18, 2015 3:50pm Jan 18, 2015 3:50pm
Quoting navk
Great chart. Try to practice taking based on charts. The MA's are 100 LWMA and 34 LWMA ? ALSO REMEMBER, THE TREND DIRECTION BASED IN 1 HR, 4 HR DAILY CANDLE.
i have the standard clive setup on the chart
along with
supply demand zones,,the 34lwma that you think is on the chart is a 10ma bobon slope indicator and the larger candles are for 145mins timeframe.
idea being i wanna catch the safe runs from swing to swing.

when i can get my head around it id like to be able to put bigger timeframe candles on the chart.

so when trades may stop you out for breakeven,,the larger candles will give you the bigger trend

so price in demand zone---10ma bobon blue with 15min candles green and ha candles green,,,,get in there my son lol

so going long on price turn with 10ma and 15min confluence,,,as price moves on there 100lwma comes into play

part of my thinking was how can i get into the right trade at the right time without missing out on the abc part of the first abcd move.

question now by doing that is will the ttindy be useful cos i maybe ahed of it,,,have tochange the ma setting?
  • #3,405
  • Jan 18, 2015 5:00pm Jan 18, 2015 5:00pm
Quoting devontrader
{quote} ......id like to be able to put bigger timeframe candles on the chart.
These 2 indicators allow you to add larger timeframe candles on the chart window. The indicators go to the platform indicators folder as usual whereas the stratman.fon font goes to the windows font folder. If you want the mini chart in the regular window just reset the input Window Number field.
Attached File(s)
File Type: ex4 AnyCandleGroup.ex4   24 KB | 383 downloads
File Type: rar stratman mini chart.rar   28 KB | 385 downloads
  • #3,406
  • Jan 18, 2015 5:22pm Jan 18, 2015 5:22pm
Quoting devontrader
{quote}part of my thinking was how can i get into the right trade at the right time without missing out on the abc part of the first abcd move. question now by doing that is will the ttindy be useful cos i maybe ahed of it,,,have tochange the ma setting?
Changing MA setting will not help. As I have stated b4, this topic of CT trades is not in line with this thread. cliff's current setup is not targeted for this, however, I will make this one post to address this ? of yours in point form below -

1. Test indicators that will give you hints of trend reversal - by indicators I mean regular indicators and not the exotic type.

2. Use a combination of 2 indicators as confluence confirmation

3. The best you can get is you should be able to accurately identify trend reversal levels or zones which is good enough

4. You must approach this topic with the mindset that you can only identify some of these zones, not all, probably 1 in 5

5. Do the hard work of 10000hrs of tweaks/retweaks
  • #3,407
  • Jan 18, 2015 7:51pm Jan 18, 2015 7:51pm
Quoting skyway
{quote} Changing MA setting will not help. As I have stated b4, this topic of CT trades is not in line with this thread. cliff's current setup is not targeted for this, however, I will make this one post to address this ? of yours in point form below - 1. Test indicators that will give you hints of trend reversal - by indicators I mean regular indicators and not the exotic type. 2. Use a combination of 2 indicators as confluence confirmation 3. The best you can get is you should be able to accurately identify trend reversal levels or zones which...
Hi,

This is something similar to I use.

Can you explain how you use.

Any candle group can be set any TF ?
Will you wait for any candle group to change colour then use strtman min chart ?
Intraday only.
  • #3,408
  • Jan 19, 2015 1:03am Jan 19, 2015 1:03am
Morning all...

well tried trading the system sunday evening just to try things out.
one thing i do notice is m1 trading is right up.close to the edge trading so.have to be on your game.
whereas if you feel you want to have that slight pause to get confirmation of yoir trade then m5 is ideal.

one thing for sure i found is.too much info on chart just clouds your eyes in what your looking at.

for sure clive and navk methid mixed together works.
ive just got to fine tune anything that needs doing and get used to the.methods.
  • #3,409
  • Jan 19, 2015 4:49am Jan 19, 2015 4:49am
Morning Clive
I seem to be doing something wrong and not sure you have received my return pm, anyway every things cool. If I may can I just give you my take on the GBP/USD and how I play it I do not use mt4 and my charts are based on 22.00 to 22.00
Since the 9th on a 60min chart I have only being looking to BUY (all this is based on your 100lwma) Friday caused a little damage to this and forced it to change colour
On a 1hr their was 2 stand out bars the 14.00 and 15.00 bars (big ranges) the last showing a little buying at the lows, this also shows up in the 14.00 bar on a 15min in the form of a wide range dojo type candle, I wont go down any lower timeframe as you get the idea
Now moving on today we see at LO on a 5min, a wide range down bar (7.45am uk ) taking it below 100lwma with little follow through, with the high of that bar being broken at 8.10 with a very wide range up bar causing the 100 to now turn up (maybe a little strength in the market ?) then we see a little mini 5min break out that induces a wide range down bar at 9.15 ( ok may be some news at 9.30) but if they were going to take the price lower why did they reverse it in 2 bars (your ABCD and retesting your 100) then we have a little push up again 9.35/40 bars wide range bars, all the time this is showing up in the 1min chart
This just keeps repeating over and over again, building the range for the day
I call these bars (WHY BARS) ie if they put in a stand out wide range bar then quickly reverse it, what does it mean ?
Now as I type we are attacking the 100lwma on a 60min and the daily range is around 70 is their enough left to carry on up ?
In the past I used to trade these (WHY BARS) up and down but now I use your 100 to give me a direction, wait to get price to show a sign of strength/weakness and jump on board, so I think you have to find a reason as to why a ABCD is forming and then does size matter ? I totally agree you can jump on board a stand alone 1min but you have to look to the left to see were their could be a problem that stops the move
I will give it a rest now but I think you will get the idea ( check to see why stand out range bars appear and what action happens after)
This is only my way of trading not saying its the Holy Grail or any thing like that, but I can keep nipping in and out of the market any time, Works for me on any timeframe but a am now trying to build a bigger picture to spot the safer times to trade
  • #3,410
  • Jan 19, 2015 5:19am Jan 19, 2015 5:19am
Clive
I know its a little silly to follow up my previous post so quick but we rejected the 100 on the 60min and found support on the 100 on the 15 & 5min well as I type any way ?
  • #3,411
  • Jan 19, 2015 6:22am Jan 19, 2015 6:22am
Quoting OAPDave
Clive I know its a little silly to follow up my previous post so quick but we rejected the 100 on the 60min and found support on the 100 on the 15 & 5min well as I type any way ?
could you post.pics of your chart?
  • #3,412
  • Jan 19, 2015 6:53am Jan 19, 2015 6:53am
Morning devontrader
Id like to post a screenshot but to be honest mate I am pretty hopeless at all this computer stuff, cant even get a pm back to Clive, so I feel I little silly to say I do not know how.
Just put a chart up any timeframe with Clives 100 lwma on, now I must admit I have a indicator on that gives me the range sizes of each candle, then you just toggle between each timeframe, I am just not sure how I can send it to you, I think its called BIG TIMES for the mt4 charts I use FXCM Marketscope and its called BAR HEIGHT on that, it comes up like Clive, CCI
I then just look for stand out range bars
example using Gbp/Usd
1min maybe anything over 5pips
5 min 10 pips
15min 15pips
60min 50pips
In general anything that jumps off the screen to you, I just view if most days something moves 100 pips I am looking to grab and run with little chunks of it, I can keep the wolf from the door with 10/20/25 pips a day. Sorry I cannot help with all this tech stuff but I think you get the idea. Hope that helps
ps
I have given them a name of (WHY BARS) but really they are only Engulfing Bars or Railway Tracks
  • #3,413
  • Jan 19, 2015 6:58am Jan 19, 2015 6:58am
Hi clive... I'm new to this thread and forum. although i have studied what you were talking to trade on M1 charts..but have not seen any live example.. please post a chart if you see such an opportunity..thanks in advance
  • #3,414
  • Jan 19, 2015 9:04am Jan 19, 2015 9:04am
ok guys
i come home from work,,early day lol
had a quick go on gbpjpy but m5 chart as i feel more comfortable rather the m1

raitio 2:1

here is the chart and result

KACHING!
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-01-19_1459_kaching.png Size: 112 KB
  • #3,415
  • Jan 19, 2015 9:31am Jan 19, 2015 9:31am
devontrader
Pat on the back deserved, Well Done good trade keep it up.
  • #3,416
  • Jan 19, 2015 12:34pm Jan 19, 2015 12:34pm
Quoting aider
Hi clive... I'm new to this thread and forum. although i have studied what you were talking to trade on M1 charts..but have not seen any live example.. please post a chart if you see such an opportunity..thanks in advance
Hi Aider

I've posted 100's of live trades here on the thread if you go back you will see them all, very many just a minute or two after entry and still open...Have a look at the charts at the time and you're see all the setups.

However if you meant can I post some more live trades now, I'm afraid I can't due to time constraints as I've just recently started a new job and its keeping me away from my charts. However it will soon calm down and I will be able to trade the LO and NYO...

Will try to have a look every now and again and post a live trade soon as I can...

But hey you don't need me to show you the way just grab a demo and give it a blast. best time of day is just after LO and NYO in particular just after a high differential news release, something like the Swiss bank announcement..

Then look whoose top of the 1 min TTindy and confirm trend is still strong with a nice AB move taking out the last high/low then wait for a pullback(CCI) to support/resistance, break and retest are the best. Then jump on board get to BE quickly and exit when you see the trade falter, usually at the next key level.

Thats about it really, theres some discussion as to the best time to exit the old "Hold em or fold em" argument and a few guys like to trade in direction of higher timeframes but thats about it... Very simple ABCD moves in strong trenders...

Couldn't be simpler, go on give it a go....Feel the Fear and do it anyway.....
Feel the Fear and do it anyway!!!
  • #3,417
  • Jan 19, 2015 12:50pm Jan 19, 2015 12:50pm
Quoting clivepackham
{quote} Hi Aider I've posted 100's of live trades here on the thread if you go back you will see them all, very many just a minute or two after entry and still open...Have a look at the charts at the time and you're see all the setups. However if you meant can I post some more live trades now, I'm afraid I can't due to time constraints as I've just recently started a new job and its keeping me away from my charts. However it will soon calm down and I will be able to trade the LO and NYO... Will try to have a look every now and again and post a live...
Very true Clive. There are many trades that were live just after posting. All he has to do is look-then as you said-get involved. One must also deter people from piggy backing your trades Clive because it does not encourage them to feed themselves. As Clive said, there are many former live examples for anyone to examine. What you have to do Aider, is get stuck in and offer up your trades for discussion. That is a great way to learn hence the high number of posts and charts by forum members here.
every Saint has a past. Every Sinner has a Future
  • #3,418
  • Jan 19, 2015 6:12pm Jan 19, 2015 6:12pm
Quoting devontrader
ok guys i come home from work,,early day lol had a quick go on gbpjpy but m5 chart as i feel more comfortable rather the m1 raitio 2:1 here is the chart and result KACHING! {image}
Good trade. Keep it up.
Intraday only.
  • #3,419
  • Jan 20, 2015 8:08am Jan 20, 2015 8:08am
Hi Guys
Why the sudden lack of posts ? We all owe it to Clive to keep the posts flowing whilst he settles into is new job and then sorts a bit of trading time out for himself, the guy as put his life and soul into this.
He as even gave us a little licence to modify his method if we feel it helps, I have told him and you mine I don't want or expect anyone to make any comment, I just used a small part of Clives's tool kit, other guys have made their own little tweaks again Clive as made no objections, he himself stays true to is method and good for him, but because of is work cannot trade as he would like at this time.
I for one think, what or however we trade Clive's method we should just come on and say we have had a winner or even a loser, I will never doubt anyone, if they get a kick out of lying well it does not bother me, perhaps a few words for the reason for taking the trade would help Do you not think Clive or indeed anybody would get a buzz being on a thread that winners can breed winners I for one would, so come on guys lets at least give the thread a boost, and before anyone says traders trade when the markets are open, we all expected Clive to trade and post when he was on the thread.
Anyone banked any pips today ?
  • #3,420
  • Jan 20, 2015 8:27am Jan 20, 2015 8:27am
Sorry my trades were CT trades and I know Clive does not encourage CT trades but I took the trades on failure to take out prior highs. The only trend trade I took was closed @ almost BE when I thot nothing was happening, only for it to move almost 100 pips after the Canadian news release

Well I'm done for now and going to prepare for work.

Shalom
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EJ Trade 1b - 1202015.gif Size: 75 KB
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