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  • #4,121
  • Feb 23, 2015 1:36pm Feb 23, 2015 1:36pm
Quoting Vantage
{quote} On the cad trade some of those will go (and it did later) but this was several hl's into the move and the risk does increase.
Thanks, Mr.V, there was a key level 1.9400 and it seemed it break and retest. below it has Daily R1 as support/resistance. The former HLs are below R1 so I do not trade. How would you trade this pair?

and do you get out if it does not move to your favor direction in 15 mins?

on my EN London trade, seems to me a perfect trade break 1.5100 and retest, the first move in London session. set SL right up yesterday close and LWMA100. will you trade this also?
  • #4,122
  • Feb 23, 2015 1:53pm Feb 23, 2015 1:53pm
Quoting clivepackham
{quote} Hi henry Don't worry i'm getting a touch fed up too with my system there seems to be something radically wrong with my psychology when I was watching GBP pairs all afternoon and the GBPCHF was top for much of it with GBP pairs dominating the TTindy and yet I struggled to make a winning trade????? Just look at these GBP charts..... {image} {image} {image} Just look at the CCI signals and whenever a HA candle turns green just hit it, can't go wrong yet not a good day for me. Theres got to be something amiss here. I'm back to the drawing board...
Thanks Clive. I was watching GBP pairs all day. I chose EN so does not trade GBP pairs in London session. one trade per session.
I trade GC new york session so does not trade GA and GJ. seems to me CAD pair does not trend well. I made quite a few loss from CAD pairs.
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  • #4,123
  • Feb 23, 2015 1:56pm Feb 23, 2015 1:56pm
btw Clive, what is the usage for this indicator pipsoeter_5_decimal, the right bottom one?
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  • #4,124
  • Feb 23, 2015 2:00pm Feb 23, 2015 2:00pm
Quoting clivepackham
{quote} Maybe its time for some very strict rules????
To paraphrase Mr V: Strength/weakness for a currency to be obvious on the TT and a break and retest of S/R. I am still learning your system Clive but I think your GBPJPY -20 trade looked like a great setup, 5 GBP showing weakness and 3 JPY showing strength. My EA loser this morning I ignored the rules and got bitten but i think your GBPJPY and the possible GA trades after London open are the trade setups i should wait for.
  • #4,125
  • Feb 23, 2015 2:14pm Feb 23, 2015 2:14pm
Quoting idude
Where are the indis and templates for this system?

Page 80 here you go...http://www.forexfactory.com/showthre...486543&page=80
Feel the Fear and do it anyway!!!
  • #4,126
  • Feb 23, 2015 2:50pm Feb 23, 2015 2:50pm
Quoting clivepackham
{quote} Hi henry Don't worry i'm getting a touch fed up too with my system there seems to be something radically wrong with my psychology when I was watching GBP pairs all afternoon and the GBPCHF was top for much of it with GBP pairs dominating the TTindy and yet I struggled to make a winning trade????? Just look at these GBP charts..... {image} {image} {image} Just look at the CCI signals and whenever a HA candle turns green just hit it, can't go wrong yet not a good day for me. Theres got to be something amiss here. I'm back to the drawing board...
Clive just wondering if you could give me a little advice please, my question is, I want a mother chart to call my TREND CHART and it must be 15 minutes, what can I put on it to show me if we are in a TREND ? then I want to go over to your 1min method as set in stone, to keep snatching trades of the same direction. I am more than happy with PIVOTS as my TARGETS
Any thoughts ? but please only normal candlesticks none of that fancy stuff, would not be offended even if you said something as simple as a MACD on the 15min the simpler the better for me ???????
  • #4,127
  • Feb 23, 2015 5:14pm Feb 23, 2015 5:14pm
Quoting OAPDave
{quote} Clive just wondering if you could give me a little advice please, my question is, I want a mother chart to call my TREND CHART and it must be 15 minutes, what can I put on it to show me if we are in a TREND ? then I want to go over to your 1min method as set in stone, to keep snatching trades of the same direction. I am more than happy with PIVOTS as my TARGETS Any thoughts ? but please only normal candlesticks none of that fancy stuff, would not be offended even if you said something as simple as a MACD on the 15min the simpler the better...
Hi Dave

Personally I would use a 35lwma on the 15 min chart and I would use it on my TTindy so I can see which 35lwma is sloping the most, thats the one to try and catch your move on or wait to you think its gone as far as its going and trade it back.

Heres the 15min TTindy clearly saying trade GBPCHF..

Attached Image


So lets have a look at the GBPCHF 15 min chart...

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Notice how lovely the 35 lwma is sloping up under the trade beautifully, also notice how well it traded down yesterdays London Open?? Interesting how one strong move one way is followed very quickly by a move the other way isn't it?? Thats why I said either trade the direction of the 35lWMA or wait for it to reverse, most moves will retrace about 70% (0.618 FIB) of the original move or if its the pullback then the reverse could go 138% of first move..

And lastly lets have a look at todays GBPCHF 1 minute chart...

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Now whenever the 100lwma turns up with the 15 min trend, then try to catch an entry from the 1 minute CCI's nice tight stops and large RR trading the 15 min 35lwma move...Close out when 35lwma on 15 min chart changes slope.

There you go mate the complete 15 minute system....
Feel the Fear and do it anyway!!!
  • #4,128
  • Feb 23, 2015 5:18pm Feb 23, 2015 5:18pm
Quoting clivepackham
{quote} Hi Dave Personally I would use a 35lwma on the 15 min chart and I would use it on my TTindy so I can see which 35lwma is sloping the most, thats the one to try and catch your move on or wait to you think its gone as far as its going and trade it back. Heres the 15min TTindy clearly saying trade GBPCHF.. {image} So lets have a look at the GBPCHF 15 min chart... {image} Notice how lovely the 35 lwma is sloping up under the trade beautifully, also notice how well it traded down yesterdays London Open?? Interesting how one strong move one way...
Just what I was hoping for, I am already trading it ARE YOU ???????
  • #4,129
  • Feb 23, 2015 5:30pm Feb 23, 2015 5:30pm
Quoting OAPDave
{quote} Just what I was hoping for, I am already trading it ARE YOU ???????
and if you want some real fun on a 15min add a 9 ema & 26 ema & 96 ema now check your 35lwma against that
  • #4,130
  • Feb 23, 2015 5:46pm Feb 23, 2015 5:46pm
Quoting OAPDave
{quote} and if you want some real fun on a 15min add a 9 ema & 26 ema & 96 ema now check your 35lwma against that
and for my last trick go to your 1 min chart add the same 9eme & 26ema change the 96 to your 100lwma and now add 1440ema, can you see all the sweet spots ??????
  • #4,131
  • Feb 24, 2015 1:42am Feb 24, 2015 1:42am
Quoting OAPDave
{quote} and for my last trick go to your 1 min chart add the same 9eme & 26ema change the 96 to your 100lwma and now add 1440ema, can you see all the sweet spots ??????

Hi dave

Seriously mate learn how to post a chart you have some good ideas but a chart would make it so much easier for everyone else to understand your point...

I know exactly what you're saying but you don't need all those MA's but fine if it helps. You just need one 35lwma to tell you when something has started moving from a ranging state eg flat MA's to a trending state (top of TTindy) then once it starts to move have a look and see if you like it on higher timeframes, if you do trade it, if you don't leave it alone...

Price only goes up or down Dave all you're trying to work out is which pair is going to go up or down for the most pips. You're saying the 1 minute move will be supported by more traders if it agrees with higher time frames, then the 5 min boys and the 15 min boys will support the 1 min move...so you get a 25 pip move you're after...

All I'm saying is it starts on the 1 min so why wait ?? Soon as price starts to move on something get in get to BE and see how far it goes....

Anyways its all good stuff and nothing wrong with trading in the higher timeframe direction on the 1 min, whatever rocks your boat is good by me...

Catch you later sport...

Hey Jason have a look at what Daves saying this is the answer to trading higher timeframe moves on a 1 minute chart...
Feel the Fear and do it anyway!!!
  • #4,132
  • Feb 24, 2015 1:43am Feb 24, 2015 1:43am
And we're off.....
Attached Image (click to enlarge)
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Feel the Fear and do it anyway!!!
  • #4,133
  • Feb 24, 2015 1:54am Feb 24, 2015 1:54am
Quoting clivepackham
And we're off..... {image}
Or not
The problem is, what was the reason for entering? CCi did not go under -100, so it was just stomach thinking.
If you go with the strategy, you had to enter here.
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  • #4,134
  • Feb 24, 2015 2:15am Feb 24, 2015 2:15am
The HA experiment! I went for GA Clive. Safely at BE but I have 00 and R1 in the way.

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  • #4,135
  • Feb 24, 2015 2:20am Feb 24, 2015 2:20am
Quoting captainforex
The HA experiment! I went for GA Clive. Safely at BE but I have 00 and R1 in the way. {image}
Same for me, but looks good
Stupid 50% ATR is in the way (Dash Gray)
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  • #4,136
  • Feb 24, 2015 3:15am Feb 24, 2015 3:15am
Quoting clivepackham
{quote} Hi dave Seriously mate learn how to post a chart you have some good ideas but a chart would make it so much easier for everyone else to understand your point... I know exactly what you're saying but you don't need all those MA's but fine if it helps. You just need one 35lwma to tell you when something has started moving from a ranging state eg flat MA's to a trending state (top of TTindy) then once it starts to move have a look and see if you like it on higher timeframes, if you do trade it, if you don't leave it alone... Price only goes...
RISK NOTHING, WIN NOTHING, going to BE to soon ?????? your problem is you get in on indicator signal and then use a money stop, your trading with the fear of losing, and in all honesty not believing your own signal.
  • #4,137
  • Feb 24, 2015 3:20am Feb 24, 2015 3:20am
Those Good Old London Boys!! My initial entry entry survived the pullback by a whisker. Second entry i think wasnt strictly by the rules. Entry on a HA with very skinny body.

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  • #4,138
  • Feb 24, 2015 4:41am Feb 24, 2015 4:41am
Quoting geanies101
Clive, Mr V, Dave, California. Back again having picked up a new head. My initial thoughts were to trade the Chf weakness bearing in mind that I had no regard for the big fundamental on the horizon. Mr v gave me a sharp lesson in reality, Followed by Clive who elaborated on his pre news trading technique based on Gbp strength. Dave with his supporting attitude,and California with his posting the same thoughts that were in my head being split stakes taking profit on half and letting the other half run. the following chart would have been the results...
Morning mate keeping well I hope, are you still locked in your workshop working on your setting, if you have seen my last few posts I have had ago with your idea and they are the setting I have come up with, my chart looks almost like yours even got the colour between the m/avgs its very visual just added the normal Macd to the bottom of the chart to keep a eye on the reference line, any way that's my idea looking forward to seeing yours
  • #4,139
  • Feb 24, 2015 5:25am Feb 24, 2015 5:25am
"If it aint trending i aint trading". I probably shouldnt have taken this as TT less than 30 (just). I was seeing NZD strength coming onto the board. Took 20 pips just above the 00. My first 100+ pip day in a long time!
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  • #4,140
  • Edited 6:49am Feb 24, 2015 5:58am | Edited 6:49am
Clive
My last post of the day, don't want to hog the thread, much rather watch Captainforex he is on fire today (great stuff mate)
Just to put the record straight about my use of m/avgs Your method is all about finding strong trenders buy the use of the 100lwma, all I do is just look at a bigger picture to get the same view, I use 15min because it lets me get the look back period I want with the avgs I want.
I use 96 ema that's how many bars in a day, and 480 ema that's how many bars in a week, I think that's important, if the daily crosses the wkly to me that's telling me something, not sure if ema or simple are the best but sticking with ema. to me this gives me the big picture on a 15min ie more bullets to go to war with, then 1440 ema on a 1min that's how many minutes in a day. You put your m/avgs in your TT box and give them a number, I put them on a chart and look at them, so I see no difference. I will give it a rest now and let the other guys do their stuff
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