Trading is as simple as ABCD

Hi Luckash I am only using ema and zig zags which are already in the mt4 platform.

I am not to bright with computers so maybe I would struggle to post the Ribbon filled Ma on Forex Factory'

If you search the factory you will find it.

I see that you are a new member please be carefull how you proceed.

If you cant get things working I will attempt to post.

Looking back on this thread you will find everthing you require

Quick post news trade EURCAD top of TTindy so in we go and straight to BE ..

Hmmm yet another trade that supports the Orphan hugging argument, BE after being 15 pips up be it for a flash, but could of got 10 easy. Just thought it might go as news related and CAD strength across the board but hey ho the computer says no....

No no no Clive no need to say sorry about anything, you and your method is SPOT ON its only that and the banter we have had that keeps me playing this game and your stuff is brilliant cannot see how you could keep track of everything without all you have done and I just might be missing a lot of pips by my head in the sand approach but i'm happy to listen and watch and throw in a few posts and following you and the good guys on here but just plod along in my own way, your ABCD are just the icing on the cake for me and seeing the market unfold minute by minute is the thing I thought that I would never be able to go down to that timeframe to see and make a few quid
Clive you have made this possible Thanks

Hi Luckash


Zig zags 12 34 72

geanies101 Thanks!

Guys
See my 12.16 & 12.17 defenders would have made a few pips hahahaha

Waited for news to pass then this GBPCAD setup top trender nice little break of level...

I'm done for the day made about 10% today in total so getting back into the swing of things, trouble is my work is suffering a bit so better watch my step...

Will try to trade just after LO and NYO next week and just catch a trade or two per session see how I go...

Hi Clive
10% that's a really good amount to make in one day.

Once you start your own Hedge fund. give me a Job eh

How did your last trade pan out for you .
Didn't see where your stop was on that one

Guys
Looks like THE BOYS have done a nice bit of Friday STOP HUNTING on my pair

Hey Clive,

It's taking me a while, but I am starting to catch up on your thread. I wanted to post because I was so awestruck and inspired by that beautiful message your dad gave to you. I am sorry for your loss too, however, your dad left you with something infinitely more powerful and that is your own sense of worth and confidence. That can never be replaced and will be with you for as long as you live, so do not forget that, your father will be with you in everything that you do.

My stop was at BE on that chart and unfortunately thats what I ended up with another BE but you have made me think about it yet again and I'm very quickly coming to the same conclusion as you, just take whatever the move gives you and be done with it..

Just took this GBPCAD trade and banked 25 pips in the end, just thought BANK!!!!!

putting your templates and indicators up on thread is no different to posting a picture.go to file.....open data file......find the files and copy.to desktop or a filethen when you post like you.do for a picture..you.instead goto your saved location and select indicators.and templates

Clive Awesome trading.

Hugging Orphans,Take the money and run all the way to the bank.

Have a great weekend
All the best

Took a look at the Gbp Cad,
I wouldn't have got that one as both ribbons were different colours.
and still are even now.

that gives me food for thought.
I think I get enough trades that fulfil my criteria, but it is obvious you are going to get more opportunities to trade than me.
In fact a good lot more than me.

I will check that out over the weekend,see what I can shake out

Devontrader
The light shines on my computer uploading abilities.
My daughter showed me how to do it, maybe I can look for a job as an IT consultant now.
But thanks anyway

Yep I'm not surprised because I think your higher ribbon is the 15 min trend and the lower one the 1 min trend. Therefore it takes time for the 1 min to pull the 15min ribbon into trend.

As you're only interested in orphans and not holding for a long run I'm not convinced you need to wait for the higher ribbon. Whats happening here with GBPCAD is that its been going down all afternoon so setting your 15 min ribbon but traders are now taking their profits so causing a fast run the other way. Thats why I tend to ignore higher timeframes , I'm only really interested in the 1 min momentum runs. You're similar in that you are only after 10 pips or so..

I use to trade the 15 min CCI turnovers on the 1 minute until I realised the 100lwma was the same as a 15 min CCI signal. It just shows that the 1 min has gone from trending one way to the opposite way. Thats when I dropped my higher timeframe CCI and just monitored the 100lwma on the 1 minute timeframe. Its my direction basically and also depending upon its steepness or gradient it also gives me trend strength...

very often the best signals appear just after the 100lwma reverses especially after a 100 pip run one way. We can expect a 68% pullback or reverse move can't we?? If all the fibonacci traders are right...

Bottom line for me though is that sometimes these reversals quickly turn back again with the original move so by waiting for it to come to the top of the TTindy it means the 1 min trend is firmly set and all the fighting is over... Therefore I get a better, smoother move. One of my favourite TTiny set ups is when the same pair is top of the 1 min and 5 min TTindy but opposite colours. They are well worth trading and again a "hold" type trade as in the reverse move early.

I will say that the more I trade this system the more I'm swaying towards orphan hugging, however let the orphan run as far as he can before grabbing him...Don't forget this system trades with strong trenders so our orphans should be chubbier , cuddlier, larger little fellas..

I'm constantly developing and modifying this system but right now I would say we're getting about as good as we can expect to on a 1 minute timeframe..

Only trade the top of the TTindy don't waste your time on anything thats not trending strongly. It makes it so much easier and our winners should be bigger too

Even this late in the day we can still grab some pips, just look at this GBPCHF top of the TTindy 30+ and the CCI signals are perfect...
.

[quote=clivepackham;8068376]{quote} Yep I'm not surprised because I think your higher ribbon is the 15 min trend and the lower one the 1 min trend. Therefore it takes time for the 1 min to pull the 15min ribbon into trend. As you're only interested in orphans and not holding for a long run I'm not convinced you need to wait for the higher ribbon. Whats happening here with GBPCAD is that its been going down all afternoon so setting your 15 min ribbon but traders are now taking their profits so causing a fast run the other way. Thats why I tend to ignore higher timeframes , I'm only really interested in the 1 min momentum runs. You're similar in that you are only after 10 pips or so..

Thank you clive for the above post

Yes the ribbons are a representation of the 1 min and the 15 min trend 12 x 15 = 180 rounded up to 200 36 x15 =540 rounded to 600

Trading is a solitary kind of occupation and it has been a pleasure for me to have a communication with someone who understands and can elaborate on my style of trading.
my trading style was based on trading currencies that didn't have crippling spreads Gbp/Usd , Eur/Usd ETC.

That has now changed. having a new broker with reasonable spreads I am not looking to trade a currency pair that might be sideways for the whole session I am looking to trade a currency that is alive and has an active strong trend.

Having taken onboard your very insightful post my thoughts are that I will be dropping the larger ribbon and replacing it with the 100Lwma which has in effect disguised itself as a 15 min cci trend

Further I will only be trading TTindy signals >30
Thank you and many Pips to you