Trading is as simple as ABCD

Just one of those days...bigger SL??


To the pip...:

anyone wanna try higher timeframe

look at EURUSD H1

nice counter trend before a trend continue

come play on that charts clive ,,,,stop reading the posts lol

Guys
We seem to have a HAPPY trader on our hands

BRILLIANT

Whose that dave???


account up 20% after i initially lost 20% trying things out lol

so started 5k down to 4 k now nearly 6k

Hi Guys

Good to see so many of you posting, looks like YoungDaves been doing a good job whipping up some support for the thread...

Many thanks Dave your enthusiasm is contagious and very motivating....Can't hold a good youngster down can we??

Don't worry Dave I'll soon be back I'm working my waty round to trade a one hour spell just after London Open and just after NYO, these seem yto be a key time to look for a strong trender. Have a look at these GBPCAD moves just after each open. Classic moves..

I'm looking to identify a strong trender and drop my EA on it then carry on working and see what I catch...






I will post the trades up here and we're see how it goes, if it works out will share EA but just want to make sure its up to speed before I release it, still got some bugs to iron out...

Watch this space guys it could start getting interesting...

Anyone catch this bad boy today?

AUDCAD 100 pips +

Clive
YOU ARE THE MAN just get yourself right theirs no rush, you will be back and then, them buggers had better watch out.
Thanks for pointing me in the right direction and giving me the bravery to come on here with such a down to earth guy like yourself

Sorry dave did you mean me ? LOL

Go on than Clive 1st, You 2nd you done well mate, but then theirs some good guys on this thread that we can all learn from as well

Thanks youngdave for your kind words very much appreciatted...

And as your reward have a look at this strategy test I've just run my EA on that GBPCAD run from this morning, now lets assume we spotted the start of that move just after the LO and I'd of dropped my EA on it with fairly high risk settings where it could have up to 4 trades open and not at BE so risking 4 losers maximium. remember my EA can be run at different risk settings depending on your risk appetite but I ran this as just 0.1 lots per trade...

Heres the strategy tester results...



Its made $2,286.67 in a day!!! Thats 2286 pips in a single day!!! Crazy I know so I decided to drop the risk down so it only had one trade at risk at any one time and it still made 697 pips, that means at worst you would of lost just one trade if it had immediately gone against you soon as you dropped it on but if it goes your way you made 697 pips...

Its based completely around my strategy of the slope of the 100lwma and will just keep taking CCI signals(I set it to lookback 5) until the 100lwma slope changes colour then it closes out whatever its got open....Basically its designed to have one loser when you're wrong but just keeping taking pullback entries as lonfg as price keeps going your way. In a nutshell one loser when you're wrong and infinitum winners when your're right. That to me is what tradings all about ...bigger winners than your losers, simple as that...

Problem is of course its easy to spot the pair to drop it on afterwards but I'm thinking I just drop it on say the 3 strongest trenders just after the LO and we must stand a chance of either losing all 3 or catching the big one, in fact if there was say GBP strength across the board you might get 3 winning runs, who knows???

Best thing is of course you just have a quick look after each market opens and then drop it on and leave it to do its work whilst you go off and do what you want, work in my case but hopefully one day it will be play....

Got me eyes on a big trade

looking at this EURUSD H1 Long for a nice big juicy scalp

Hecky Thump I will have to go back to school to learn all this computer stuff, and that's a bit to late for me. Clive just one piece of advice KEEP IT TO YOURSELF that is what YOU have put yourself though all this for taking a few knocks on the way, but after every knock you got up and went again, what you have shown if it follows through is PRICELESS

amazing idea
now i think i knew why you're so 100LWMA & CCI fanatics

you are closer to your goal ..

we're waiting, Clive .. for the premiere of your EA

Don't worry Dave its not the Holy Grail, you've still got to put it on the right pair to win, so we still need to select a pair, mind you Ted is working on a version that will operate off of the 100lwma slope steepness so won't trade until the 100lwma is reading 30 plus on strength then it will take every CCI signal with the trend. But when it starts to slacken off say drops below 20 it stops placing trades and just waits for it to either go again eg 100lwma goes back over 30 or if the slope changes colour then close out. This way by working off the actual slope we can avoid adding losers as the trend weakens....

However if its just a correction or ranges for a while then continues back with the trend we're still holding and start adding again.

All done automatically whilst me and you take our afternoon nap....

Thanks RockRobb good to see you're still hanging around, thought you'd deserted me...

Just hang on a bit longer we're nearly there now, by the way it can trade any timeframe I just dropped it on EURUSD hrly from the 17th December to today and it made $5,656 thats 5656 pips at 0.1 lots and an awful absolute drawdown of $5.10....Oh well nothings perfect..

Hi. Please explain to me. If i trade on 1m chart... Ttindy must show > 30 on both M1 and M5 column? After that setup i must wait AB on M1?
Thanks and sorry for my english.

What system is that Jason???? Thats about as counter trend as you can get???? If ever I've seen a downtrend Jase, EURUSD hrly chart is it!!!!

Are you sure you're going long????

Hi Virtikus

It says you're a new member so I'm assuming you're new to trading??? If not I apologise, but if you are then please demo trade this system until you are making lots of money on demo...

To answer your question , there 2 possible answers.

 

1. I trade the 1min TTindy as a standalone system with little concern for any other timeframe above it, however I probably "standalone" on that idea...
2. Yes you can wait for the 5 min to be trending strongly >50 then wait for the 1 min to also go over 30 in the same direction. This means you are trading with the 5 min strong trender too. Not a bad idea and many here would say a must...
   ​

Then yes identify the strong AB move that has taken out last high/low and wait for the BC move(pullback) to jump on board.

Bottom line my friend is to find what sits with you, forex trading is a personal journey and you must do what feels right to you. demo trade both ways and see what feels best...

good luck and welcome aboard..

Possible change in trend?
higher low?

cci and rsi are both oversold

in a trend channel
so going for a nice long move as trial,,,im only 2pips behind with a good stop so once in profit stops move up for a free trade

looking for a higher high