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  • #3,521
  • Jan 22, 2015 5:38pm Jan 22, 2015 5:38pm
Clive
Forgot to say, that was top notch trading you crafty little bugger, I can see you will be giving THEM a tough time when you get at them.
  • #3,522
  • Jan 22, 2015 6:00pm Jan 22, 2015 6:00pm
Quoting clivepackham
Hey!!! Just had a thought with reference to your daily range theory, how about trading the 1 min slope change around the daily top of the daily ranges??? Thats gotta be worth a pop surely???
Yes that's what you ended up doing in you Eur/Cad which we will say was a Counter Trend Trade
  • #3,523
  • Edited 7:00pm Jan 22, 2015 6:48pm | Edited 7:00pm
Quoting OAPDave
Clive Forgot to say, that was top notch trading you crafty little bugger, I can see you will be giving THEM a tough time when you get at them.
Nothing crafty about it Dave just looked for a higher timeframe strong trender and they don't come much stronger than this downward move on EURJPY Daily chart so I thought lets give this a go and see where it takes us?? 400plus pips so far...

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 81 KB


Like I keep telling you Dave and Jason you've gotta follow those higher timeframes, when will you boys listen????
Feel the Fear and do it anyway!!!
  • #3,524
  • Jan 22, 2015 6:56pm Jan 22, 2015 6:56pm
Quoting OAPDave
{quote} Yes that's what you ended up doing in you Eur/Cad which we will say was a Counter Trend Trade

Now listen Dave I 'm all for a bit of fun and mickey taking but you've gone too far this time......

You calling me a counter trend trader?????? How dare you???? I've never been so insulted in my life!!!

You're banned sine die.....
Feel the Fear and do it anyway!!!
  • #3,525
  • Jan 22, 2015 7:09pm Jan 22, 2015 7:09pm
Quoting Moonie
Well, as promised, I had my first go at this system today, using my demo account just in case. I looked for a possible setup using my current favourite method and noticed this downward move on the GBPAUD {image} I wondered if there was any more room to go down, so I switched to Clive's 1 minute chart and noticed the price had been bouncing down the MA. I waited for the CCI to signal a pull back and I entered short with a 20 pip stop. As soon as I was 15 pips up, I moved my stop to BE and then just monitored the 1 minute chart. I exited when the...

Hi Moonie

Missed your post earlier , we must of crossed over posts...

Great trade there perfect setup strong down trend CCI pullback to the 100lwma and away you go plus a neat exit as 100lwma changed slope, nice one.

Welcome to the one minute club....

Interesting how you spotted it off of the 1 hr chart, we seem to be hedging our way towards identifying higher timeframe signals then entering on the one minute with a much smaller risk...

Hmmmm Looks like young Daves been having a positive effect on us all with his higher timeframe approach, shall I let him back in?????

Naaahh!!! Its nice and peaceful without him....
Feel the Fear and do it anyway!!!
  • #3,526
  • Jan 22, 2015 8:50pm Jan 22, 2015 8:50pm
Quoting Go5
{quote}., but I also put on the Kijun for 5, 15 and 60M I basically try to trail on higher (Ichimoku-guided) TF or at least take them into consideration. . {image}

Great stuff, Go. What MTF Ichimoku indicator do you use to apply the KS 5, 15 and 60 on the M1 chart?

FS
  • #3,527
  • Jan 22, 2015 11:54pm Jan 22, 2015 11:54pm
Quoting clivepackham
{quote} Hi Moonie Missed your post earlier , we must of crossed over posts... Great trade there perfect setup strong down trend CCI pullback to the 100lwma and away you go plus a neat exit as 100lwma changed slope, nice one. Welcome to the one minute club.... Interesting...
at last the counter trend trader see the light with higher timeframe trends lolhope your going to update everyone with your method lol
  • #3,528
  • Jan 23, 2015 12:04am Jan 23, 2015 12:04am
Interesting thread...
  • #3,529
  • Edited 1:26am Jan 23, 2015 1:13am | Edited 1:26am
Quoting devontrader
{quote} at last the counter trend trader see the light with higher timeframe trends lolhope your going to update everyone with your method lol

"Counter Trend trader" hehhhhh?????

You're banned!!!!!

Then on top of that you ask "hope your going to update everyone with your method?" Are you serious?? Have you not read my post ????http://www.forexfactory.com/showthre...55#post8016855 tells you everything you need to know about my suggested "higher timeframe" method with choices.....

But just for you heres a quick summary... Identify a strong trending higher timeframe pair then drop down to 1 min and when the 100lwma turns in the same direction as your higher timeframe trend take the next 2 or 3 one minute CCI signals get to BE and hold until the 100lwma slope colour changes ...

Sometimes Devontrader I wander if you're on the same page as the rest of us????
Feel the Fear and do it anyway!!!
  • #3,530
  • Jan 23, 2015 1:37am Jan 23, 2015 1:37am
By the way guys if we're all serious about this trading in direction of a higher timeframe trend then lets start calling some trades, just post them up so we can all have a look and if its a good un, we can all take advantage of it when the 1 min 100lwma turns the right way, could add a bit more value to the thread if we all start helping each other with setups..

One good thing about these higher timeframe signals we've got plenty of time to analyse whether they are worth trading or not so just post em up and lets all have a look together, could be very rewarding in more ways than one....

So come on,all you higher timeframe traders, look at your favourite pairs and timeframes and identify a possible signal then we're have a look at the one minute chart and take it from there...
Feel the Fear and do it anyway!!!
  • #3,531
  • Jan 23, 2015 2:14am Jan 23, 2015 2:14am
Quoting clivepackham
{quote} Is that the tin helmet from your old Homegaurd days Captain Mannering???? Sorry mate couldn't resist that one... If I'm reading your post correctly you're saying to trade the 1 mins in the direction of say a 15,30, 1hr trend, dare I say strong trender, because we can expect to catch the 15,30, 1hr momentum move which should give us bigger winners. Just paying attention to the daily range of that pair, so if near its daily ATR forget about it.. Have I got that right??? If so then yep couldn't agree more , look for a strong trending...
Hi friend, i have been closely monitoring this thread since i saw your posts on other RENKO sysyem thread and i must say that you are bringing the beacon home with your work. Since i am a full time worker and dont have the time to trade the 1min chart, i am eagerly waiting for your EA as it will make life easy for me and be profitable.
keep up yhe good work
  • #3,532
  • Edited 3:24am Jan 23, 2015 3:06am | Edited 3:24am
I had a losing trade on GJ when it was top of TT indi sold at 177.08 after the pullback to Y's low. My mistake the pullback was quite deep for my liking. GBP had 4 I think in the top 8 so I thought I'd be OK. I much prefer the test or break and test of range to have a relatively small BC correction as the following chart shows (see the small BC bounce after LO around 5107 range low). This was my first losing trade this year on this method (OK I haven't been that active I think about 14 trades total) but still.

Got a sell on EN to get me back to even for the day and then this one for +48 about +9%. With the eur pairs featuring all over the TT (5 of 8 pairs) and EN top was happy to take this abc entry even though +100 on cci not reached, the momentum down for eur pairs was too good to miss. That EUR weakness across the board was by far the biggest decision maker on the trade. The bounce up was quick and couldn't get the exit price I wanted but happy with the end result.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM1.png Size: 34 KB
  • #3,533
  • Jan 23, 2015 3:18am Jan 23, 2015 3:18am
Hi Clive,

I've got some reading to do to catch up.. I haven't been keeping up since I went through the first 10 - 15 pages of this thread. But from what I've been reading the last few pages sounds very similar to what I have been doing with your method (yes it is very profitable, Thanks for turning my trading around). Just wanted to share my latest entries NZD/USD & GPB/USD. Only difference is I didn't stay in for the LWMA to change colors before exiting
Attached Image (click to enlarge)
Click to Enlarge Name: jumped in.JPG Size: 190 KB
  • #3,534
  • Jan 23, 2015 3:20am Jan 23, 2015 3:20am
Quoting MTPockets
Hi Clive, I've got some reading to do to catch up.. I haven't been keeping up since I went through the first 10 - 15 pages of this thread. But from what I've been reading the last few pages sounds very similar to what I have been doing with your method (yes it is very profitable, Thanks for turning my trading around). Just wanted to share my latest entries NZD/USD & GPB/USD. Only difference is I didn't stay in for the LWMA to change colors before exiting {image}
I don't wait for change either, on the above EN trade I looked at length of run, the RN could obviously be an issue and of course EN has bounced up 80 pips and still no colour change.
  • #3,535
  • Jan 23, 2015 3:57am Jan 23, 2015 3:57am
Quoting Forest-Sea
{quote} Great stuff, Go. What MTF Ichimoku indicator do you use to apply the KS 5, 15 and 60 on the M1 chart? FS
This one:
Attached File(s)
File Type: ex4 Kijun-Sen.ex4   7 KB | 271 downloads
  • #3,536
  • Jan 23, 2015 4:07am Jan 23, 2015 4:07am
This has been a nerve racking 2 months.. No one should learn from my trading haha.

My emotions were everywhere, but in the end came out on top....

Biggest lesson for me was to stick to the trend. Yes Clive I mean the bigger trend. You CAN make money not following the HTF trend. Because as Clive has said many many many times but putting into my own words. The 1 minute chart has and will always start the daily trend. Its a fact...

However from my few years trading experience I have found that when I follow the Daily trend by the end of the week I am on top! I find that it will go into my favor faster and stronger. I do however agree that you can make money off of going in both directions no matter what the Daily trend says. Currently I am trading at a very high risk tolerance sometimes up to 1% per pip.

I am withdrawing my money to continue to travel Australia currently, and then hopefully Europe after!

I don't want to get into the argument with you old timers about the HTF as you have years of experience on me haha (I just turned 20)

Happy pips to all!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 31 KB
  • #3,537
  • Jan 23, 2015 4:40am Jan 23, 2015 4:40am
Guys
Can I please make a point to back up what Mr V as said, He as spotted Eur weakness across the board,
EurAud below Daily 100 Eur/Nzd the same Eur/Jpy the same Eur/Usd the same and now the Eur/cad as joined the party also the same condition is now happening on the 60min chart, but the Eur/Jpy & Eur/Usd looked in a slightly more correct position based on the 60min slope. So now today you are waiting to ONLY SELL on the LO off the boss's 1min set-up BANG you got into the party early, in fact the 8-9 bar on the Eur/Yen had a range off 100pips and the Eur/Usd just shy of 100 well to be honest if I got that for 1hour of trading, I am a happy bunny and I would bank that, and not give them chance to take it back off me, if it carries on down so be it. The Eur was indeed that weak Aud , Nzd And Cad all joined in What a day the Boss would have had with is EA

ps you could be a little more aggressive on the trend if you wish by starting from 4hr instead of Daily or 30min instead of 60min, myself I would not go any less than 15min though for the trend
  • #3,538
  • Jan 23, 2015 6:36am Jan 23, 2015 6:36am
Guys
You can all say I look a little silly jumping ship on the eur trades way to soon (I will take that on the chin) but now 12hrs into the trading day most of them have already put a very decent DAILY range in, so what is left if you are a day trader not a position or swing trader ?
  • #3,539
  • Jan 23, 2015 7:25am Jan 23, 2015 7:25am
Many thanks for the KS indicator, Go. Every success to you. FS
  • #3,540
  • Jan 23, 2015 9:38am Jan 23, 2015 9:38am
Hi All.

Can somebody please help me with a download of the 100lwma that changes colour (up/down)
I messed mine up so badly it's FUBAR!!

Many thank you's good people.
Have a great weekend and let's make some money next week.

Ciao
Pieter
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