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Trading is as simple as ABCD

  • #3,601
  • Jan 27, 2015 4:41pm Jan 27, 2015 4:41pm
Quoting devontrader
Funny enough clive i was just thinking today about hooking him up on skype.and helping him thru how to post pictures and attach indicatora.etc on here
Yep that would help, just need to get Dave to download skype...

Anyway changing the subject swiftly. I've been standing aside in the mornings watching these London opens from afar and it appears to me I should be sticking to my original idea of trading the opens about an hour after the actual opens or the morning news releases then wait for a strong trend to set up. I think in the past I've got involved in the FO.....LO inbetween zone which causes so much grief its not worth playing around with. Wait for the dust to settle then have a look .

Same with NYO too let it get going before looking then see where the strong or weak currencies are...

Summarising... the strategy is all about following the money in the market opens so best to give the "Good old London Boys " time to have their morning coffee and slice of toast before they start...

Same with the New York Yankees give em a chance to get their money down before we start following...
Feel the Fear and do it anyway!!!
  • #3,602
  • Jan 27, 2015 4:41pm Jan 27, 2015 4:41pm
Quoting devontrader
Funny enough clive i was just thinking today about hooking him up on skype.and helping him thru how to post pictures and attach indicatora.etc on here
I am a new comer i am still learning.I am trading with alpari in London they now gone bancrupt now i am looking for a new broker.thanks.
  • #3,603
  • Jan 27, 2015 4:50pm Jan 27, 2015 4:50pm
Quoting clivepackham
{quote} Yep that would help, just need to get Dave to download skype... Anyway changing the subject swiftly. I've been standing aside in the mornings watching these London opens from afar and it appears to me I should be sticking to my original idea of trading the opens about an hour after the actual opens or the morning news releases then wait for a strong trend to set up. I think in the past I've got involved in the FO.....LO inbetween zone which causes so much grief its not worth playing around with. Wait for the dust to settle then have a look...
sounds good to me boss
  • #3,604
  • Jan 27, 2015 4:50pm Jan 27, 2015 4:50pm
Quoting ileogbon
{quote} I am a new comer i am still learning.I am trading with alpari in London they now gone bancrupt now i am looking for a new broker.thanks.
try aafx gkfz fxcm clive recommends fxcm
  • #3,605
  • Jan 27, 2015 5:10pm Jan 27, 2015 5:10pm
Boss, devontrader
I think I do need to post a chart, neither of you have understood anything I have said, hahahahaha
I am going to step back for a few days to see how the thread goes and the charts that appear, but my one worry is I only trade the GBP/USD well 95% of the time so I would only ever send this chart so after 2/3 posts it would become a bit of a bore
  • #3,606
  • Jan 27, 2015 5:24pm Jan 27, 2015 5:24pm
OK last post
Will someone any one post a screenshot of GBP/USD with 5 charts on
DAILY,1HR,15Min,5min and 1min ALL CHARTS HAVING THE MAGIC 100LWMA so that the screenshot shows all these charts at the same time
  • #3,607
  • Jan 27, 2015 5:30pm Jan 27, 2015 5:30pm
Quoting devontrader
{quote} 2 points clive.comming into my mind1...could we have a ttindy list.down the side of maybe the 28 pairs.and we can see all 28 which we also have in our symbol.list.and be able.to see the number on ttindy.maybe we could.then say anything under 30 is ranging.....30 to 50nis trendinging 50+ strong trends.etc as an example.for a rule.2. As we all say let our winners run....well.something i usually.do.is....enter on m1 like.you.would.do...jump up to m5 and if trading same.direction then trade on the m5.....then again hoo up to m15 etc till you.find...

Hi Jason

To answer both your posts in one post..

 

  1. I don't see the point of posting 28 pairs up????? In fact its the opposite of what I'm saying to do. I'm only interested in the top trenders. Get it Jason....TOP TRENDERS ONLY... I couldn't give a monkeys **** what the other 24 pairs are doing couldn't give a ****!!! Just wait for it to come to the top of the TTindy then check out the chart for some strong AB moves taking out your last high or low... This means your trend is still going. The trick here and the difficult part is to not just jump on the next CCI signal. If its not proceeded by a strong AB it ain't worth shit!!!!!! Thats the hard bit guys, deciding what not to trade.....
  2. I personally could n't give a monkeys **** either what the higher timeframes are doing!!! Not my thing, I have a strong theory that its watching the higher timeframes that mucks us all up. Remember we are all trading the same price action no matter what timeframe you look at its the same price action that is happening NOW!!!!!! Not yesterdays , not the last hours but NOW!!!!

So I'm sorry jason but I'm not interested in working on higher timeframes, I haven't got the patience for it and I haven't got the time. Also when I look up at higher timeframes theres so many more confusing thoughts eg is it a momentum move on the 5 min or a pullback on the hourly????? So so confusing....

Give me my simple little 1 min where its either going up or down, no argument up or down?? Is it clearly going up or clearly going down???? Any confusion go and trade another chart....

Its my personal belief that once you identify a strong trender then you've got an edge and you can trade it. and these strong trends appear on the 1mins all day long.... one after the other, we just have to identify them going forward. Stop looking for anything else mate , you don't need it....

Heres another thing about 1 minute charts, the secret of trading is to trade with a strong trend well you never know when a strong trend is going to develop on a daily or hourly chart it could be anytime but we do know when our 1 minutes going to set off.... Market opening times...when the big money comes to the table, so now we even know when to look!!!

can it get any simpler, we know what we're looking for,100lwma sloping steeply, we know when to look for it, market opens and we know how to identify it....ABCD..

Remember it can only go up or down, the only thing we don't know is for how long its going to go up or down for??? Will it go the same way for 30 seconds or 30 hours who knows?????

If you want to trade higher timeframes then its simple. Look for a top trender in that timeframe top 3 or 4 in TTindy for that timeframe. Confirm the trends still going AB moves taking out last high/low and wait for your pullback to a key level. Exactly what we're doing on the 1 min.....In fact do what we talked about the other day, identify higher timeframe strong trenders that are clearly going up or down then wait for your 1 minute 100lwma to turn your way and jump on... If you're right you're make a fortune if you're wrong you're lose 10 to 20 pips..

In other words do the same thing just on higher timeframes...and I'm sorry to say there is no magic setup that will spoon feed you winners after winners, there is no magic indy or setup, bottom line you have to apply your strategy in a logical sane manner and not let Fear, the big enemy drive you insane...

All I'm saying is look at that chart above that is a winning setup, right time of day, 100lwma sloping steeply, price clearly staying above it with clear AB drives taking out last high, then pulling back nicely and when you get a green candle back your way pending order above it and in yer go, win or lose thats it....Jason and anyone else thats reading this just STUDY that chart and try to catch the next one when it sets up the same.

Sorry to rant so but I feel so frustrated when everyones looking for some complicated setup, thats going to win every time and run 100 pips each time, when they just don't need it....This system is so simple its ridiculous, but then surely so's trading??? Up or down??? How complicated can that be????

Up???? or down??????

Feel the Fear and do it anyway!!!
  • #3,608
  • Jan 27, 2015 5:30pm Jan 27, 2015 5:30pm
Quoting OAPDave
OK last post Will someone any one post a screenshot of GBP/USD with 5 charts on DAILY,1HR,15Min,5min and 1min ALL CHARTS HAVING THE MAGIC 100LWMA so that the screenshot shows all these charts at the same time

NO you learn to do it!!!!!!
Feel the Fear and do it anyway!!!
  • #3,609
  • Jan 27, 2015 5:35pm Jan 27, 2015 5:35pm
Quoting clivepackham
{quote} NO you learn to do it!!!!!!
Brilliant Boss 1-0 to you
  • #3,610
  • Jan 27, 2015 5:51pm Jan 27, 2015 5:51pm
Quoting OAPDave
{quote} Brilliant Boss 1-0 to you

Didn't know we were keeping score but if you want a hand with posting charts let me know but first download skype its easy it cost nothing and we can share screens.
I'll show you how to poost in about 5 mins flat gauranteed...
Feel the Fear and do it anyway!!!
  • #3,611
  • Jan 27, 2015 6:05pm Jan 27, 2015 6:05pm
Quoting clivepackham
{quote} Hi Jason To answer both your posts in one post.. I don't see the point of posting 28 pairs up????? In fact its the opposite of what I'm saying to do. I'm only interested in the top trenders. Get it Jason....TOP TRENDERS ONLY... I couldn't give a monkeys **** what the other 24 pairs are doing couldn't give a ****!!! Just wait for it to come to the top of the TTindy then check out the chart for some strong AB moves taking out your last high or low... This means your trend is still going. The trick here and the difficult part is to not just...
Clive just read this, and I have nothing but admiration for what you are doing on this thread, as I said you have put your heart and soul into it and quite rightly, have very very strong views on your method
Its not for me to throw any spanners into it, its just that at my age any losses come out of my account and if I make to many mistakes getting a job is not a option, so I perhaps have more caution as I have grew older.
I am not going to make any more posts , but will watch your progress from a distance, with your drive and guts you will make it , so can I wish you the very very best for the future and say a big thank you for letting me pinch a few of your ideas
Dave
  • #3,612
  • Jan 27, 2015 6:18pm Jan 27, 2015 6:18pm
Quoting OAPDave
{quote} Clive just read this, and I have nothing but admiration for what you are doing on this thread, as I said you have put your heart and soul into it and quite rightly, have very very strong views on your method Its not for me to throw any spanners into it, its just that at my age any losses come out of my account and if I make to many mistakes getting a job is not a option, so I perhaps have more caution as I have grew older. I am not going to make any more posts , but will watch your progress from a distance, with your drive and guts you will...

Ok my friend no need to leave just pop in whenevr you're around, download that bloody skype its great and totally free...

See you around old timer.....
Feel the Fear and do it anyway!!!
  • #3,613
  • Jan 27, 2015 11:24pm Jan 27, 2015 11:24pm
Ill say it first....dave appology for clive saying old.timer.

if.you read hi comments you can guess the tone.

clive had a bad day and was venting out.

already spoke to.me....means well just smile dave....clive will post shortly and agree with me

Like you posted dave....you have nothing but admiration .......

we are trying to help each other buddy
  • #3,614
  • Jan 27, 2015 11:50pm Jan 27, 2015 11:50pm
Quoting OAPDave
{quote} Clive just read this, and I have nothing but admiration for what you are doing on this thread, as I said you have put your heart and soul into it and quite rightly, have very very strong views on your method Its not for me to throw any spanners into it, its just that at my age any losses come out of my account and if I make to many mistakes getting a job is not a option, so I perhaps have more caution as I have grew older. I am not going to make any more posts , but will watch your progress from a distance, with your drive and guts you will...
Yo Dave. Luv to read your posts. Keep posting pls.
  • #3,615
  • Jan 28, 2015 2:04am Jan 28, 2015 2:04am
For you guys (and gals) who want to see multi time frame charts all with the 100 lwma then use something like stratman mini charts. Just google it.
  • #3,616
  • Jan 28, 2015 2:18am Jan 28, 2015 2:18am
Guys
Before we have any misunderstanding I am over all that (old timer stuff) I am just giving posting a rest out of sheer respect to Clive, He started this thread with a idea of how he wanted to trade, and as showed us step by step, with all the ups and downs, who else would do that. He as clearly stated he wants to trade a stand a lone 1 minute Method, and I think most of us will agree its not a half bad method, its just that I have spotted how effective the 100lwma is across all timeframes, I know other m/a might be just as useful, but I wanted to join in on a thread, and in a my sort of way support him. I now see that my use of larger POINTS OF BALANCE (100lwma) just might be getting in the way of the main idea of the stand a lone 1min trading, so without repeating it all again, its out of respect to the main idea I am giving posting a rest.
I wish all you guys success and please POST LOTS OF CHARTS (hahaha) only with Clive's set ups and lay outs
Dave
  • #3,617
  • Jan 28, 2015 2:29am Jan 28, 2015 2:29am
Quoting OAPDave
Guys Before we have any misunderstanding I am over all that (old timer stuff) I am just giving posting a rest out of sheer respect to Clive, He started this thread with a idea of how he wanted to trade, and as showed us step by step, with all the ups and downs, who else would do that. He as clearly stated he wants to trade a stand a lone 1 minute Method, and I think most of us will agree its not a half bad method, its just that I have spotted how effective the 100lwma is across all timeframes, I know other m/a might be just as useful, but I wanted...
dave i love your posts.very informative.just need you to post charts to show.clive is going to help you do that or i will
  • #3,618
  • Jan 28, 2015 3:06am Jan 28, 2015 3:06am
Eur Jpn First L H after LO @ 08.32 Uk time

Don't want to be a distraction So wont post anymore
  • #3,619
  • Jan 28, 2015 3:48am Jan 28, 2015 3:48am
Hi All,

I've been watching this thread for a few days and continue to read the posts with interest. I trade in a very similar fashion, but it's not quite the same so I don't want to confuse things by adding more vaiations to what Clive has put together which from what I can see is very good, and it clearly works for him.

However, over the years I've had to provide a lot of computer support to my aging parents.

One program I use quite a lot when they are doing something new on their computer or I need to set something up for them is Teamviewer. It allows me to remotely login to their laptop and take control. I can show them how to do things, by moving the mouse on their screen while they watch. I can also upload files to their computer (chart templates, indicators etc. perhaps in this case)

I'm not proposing that this is what anyone should do, but it may be a good way to provide support if you have the time to do so.

This is the download link for Teamviewer:

http://download.teamviewer.com/downl...tup_en-hys.exe

The following youtube video gives a brief introduction to Teamviewer for remote control:

http://www.youtube.com/embed/Hq_fsdR...nt;&autoplay=0

Sorry for side tracking the thread, but I thought the above may be of use if Clive has the time to provide the support, to a few people that may be struggling to post charts etc.

Hope it helps.
  • #3,620
  • Jan 28, 2015 5:53am Jan 28, 2015 5:53am
Got some pips from GA. Sort of risky - had already moved some 170 pips but I speculated on a double top...
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