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Trading is as simple as ABCD

  • #4,301
  • Mar 9, 2015 11:21am Mar 9, 2015 11:21am
Quoting henryloving
got in EN, when it break yesterday low and retest though it is near 1.4700, watching the play... (update) it was a quick loss , welcome comments {image} {image} {image}
Hi Henry

Gotta say that looks like a great entry break and retest of weekly pivot/yesterdays low and previous resistance so a great entry and possible trade... If I was super critical then maybe you had the daily pivot right below you which proved to be the turning point of the session so a bit unlucky there....

but hey they don't always workout and nothing is gauranteed I'm afraid...

I appreciate your honesty in that you post your losing trades but aren't you having any winners to go alongside these losers???

you should be as you're hitting some nice pullbacks..

Keep it going maybe just look at whats immediately in front of you, don't want to run straight into a brick wall but to be honest I would of taken that trade too as quite often they bounce take 2 steps back then drop through like a stone. However make sure you have enough room to move to BE as they turn back down before hitting the pivot. Last thought though around these levels is to wait for them to break and retest...

Keep it going Henry you're getting there for sure...
Feel the Fear and do it anyway!!!
  • #4,302
  • Mar 9, 2015 11:26am Mar 9, 2015 11:26am
Took a handful out of those two last trades but not much to shout about,I'm afraid, must look into entering a bit earlier off of the cross of the 120FSMA...

It would work in a strong trending market as gets you in early and also in a rangy day like today...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 60 KB
Click to Enlarge Name: USDJPYM1.png Size: 58 KB
Feel the Fear and do it anyway!!!
  • #4,303
  • Mar 9, 2015 12:01pm Mar 9, 2015 12:01pm
Usdjoy turning bearish????

Price under the 100lwma
  • #4,304
  • Mar 9, 2015 12:04pm Mar 9, 2015 12:04pm
Quoting pres78
{quote} Clive, Nice to see the thread is still running strong, there is a lot going on in here as of late. Been very busy with work so extra slient on the forums. Still like to keep an eye on what your up to though ... What settings are you using on the FSMA?
Hi Pres78

Hey great to see you again my old friend...

Things have been a changing around here since we last touched base..

I'v been using 120 on my FSMA but might be worth experimenting a bit but its looking cool at the mo, also tend to keep an eye on the 5 min trenders and use the 120FSMA strategy..

I'm still messing about with exits etc but I'm glad you're around because I'm thinking you had a great setup with your bank half then move stop to a "paper BE" so the trade can breathe a bit and see what you get on the other half. Plus I'm thinking about much smaller stops like yourself behind the signal candle so no more than 10 pips and then when you get a trade go 20 pips its a result nice 1:2 RR..

I'm sure you've got some useful insights to share having been standing in the shadows...lets hear em then????
Feel the Fear and do it anyway!!!
  • #4,305
  • Mar 9, 2015 12:05pm Mar 9, 2015 12:05pm
Sorry Clive, but in your trading, I can't find a fixed rule system, which makes it hard to program it.
  • #4,306
  • Mar 9, 2015 12:12pm Mar 9, 2015 12:12pm
Quoting GodsClown
Sorry Clive, but in your trading, I can't find a fixed rule system, which makes it hard to program it.

Whoooops!!! I know nor can I....
Feel the Fear and do it anyway!!!
  • #4,307
  • Mar 9, 2015 12:25pm Mar 9, 2015 12:25pm
Going nicely on this GBPAUD trade might make my day....just wished I'd of got in at the start of the move, gonna work on this 120FSMA system a bit more as looks nice.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 58 KB


Have a look at this USDJPY trade too, nice ABCD move using the 120FSMA as the trade..

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1 ABCD.png Size: 65 KB


This could be the secret of trading higher timeframe ABCD moves if you got the bottle to hold through it all and you're not going to freakout everytime your trades come back at you for nowt after being 20 to 30 pips up?????
Feel the Fear and do it anyway!!!
  • #4,308
  • Mar 9, 2015 12:40pm Mar 9, 2015 12:40pm
Do you remember this morning and I was threatening and worrying about that 182.50 level on GBPJPY because it was an hrly resistance level??? Looked like it might turn down??? Well here it is 100 pips higher and still pushing on. This is why I don't take too much notice of higher timeframes, it just confuses me, better to just focus on one timeframe and trade the moves as you see them ABCD......

We've got to have the belief that if its trending up strongly it will continue until it stops....If we get strong AB moves taking out last high/low then we have to trade the pullback to support/resistance especially if its pulled back enough to get us to BE before we hit the last high/low again on the next push...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 75 KB
Feel the Fear and do it anyway!!!
  • #4,309
  • Mar 9, 2015 12:56pm Mar 9, 2015 12:56pm
Took another 20 out of that one so nice 31 pips of profit out of GBAUD today but then you'd think so looking at all the awesome CCI entries it presented me with, couldn't go wrong could I???

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 55 KB


Then you have a look at GBPJPY and just 3.3 pips from another awesome looking chart, no excuses they've been hovering around the top of the TTindy nearly all day....well at least all afternoon...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 52 KB


Just gotta have the belief to take those entries whether they work or not...
Feel the Fear and do it anyway!!!
  • #4,310
  • Mar 9, 2015 1:11pm Mar 9, 2015 1:11pm
OK took a few pips out of this on the way up and now its setting up to go down according to our FSMA so next pullback I'm selling...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 56 KB
Feel the Fear and do it anyway!!!
  • #4,311
  • Mar 9, 2015 1:24pm Mar 9, 2015 1:24pm
First CCI signal after FSMA turned red and a LLLH so it had to be sold for a 10 pip risk lets see what happens, bit dodgy as right into a BRN and yesterdays high not far away plus WS1 so it could just as easy go up..... Well worth 10 pips to find out though....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 56 KB
Feel the Fear and do it anyway!!!
  • #4,312
  • Mar 9, 2015 1:30pm Mar 9, 2015 1:30pm
i just installed indicator and i dont have pairs in green or red color(all pairs are blue)...also there is no numbers behind pairs(just 0). how to fix it?
The Market pays you to be disciplined
  • #4,313
  • Mar 9, 2015 2:01pm Mar 9, 2015 2:01pm
Quoting mima
i just installed indicator and i dont have pairs in green or red color(all pairs are blue)...also there is no numbers behind pairs(just 0). how to fix it?
Which version did you download?
  • #4,314
  • Mar 9, 2015 2:10pm Mar 9, 2015 2:10pm
Nope a loser to finish the day, shame but there you go can't win em all...
Feel the Fear and do it anyway!!!
  • #4,315
  • Mar 9, 2015 2:11pm Mar 9, 2015 2:11pm
Quoting GodsClown
{quote} Which version did you download?

#top 8 trenders all brokers - AllAverages.mq4

on chart is EMA200. I changed to 100...same thing: blue.
Attached Image (click to enlarge)
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The Market pays you to be disciplined
  • #4,316
  • Mar 9, 2015 2:17pm Mar 9, 2015 2:17pm
In settings go to Suffix or Prefix, youre broker may have one. Mine is a spread betting account so Suffix SB after all the pairs.
Just had myself when experimenting with the settings.
Hope it works.
  • #4,317
  • Mar 9, 2015 2:25pm Mar 9, 2015 2:25pm
Quoting Tpack
In settings go to Suffix or Prefix, youre broker may have one. Mine is a spread betting account so Suffix SB after all the pairs. Just had myself when experimenting with the settings. Hope it works.
no, it is FXCM..no suffix , no prefix.
The Market pays you to be disciplined
  • #4,318
  • Mar 9, 2015 2:33pm Mar 9, 2015 2:33pm
Quoting GodsClown
Ok guys, here is something interessting. I have changed the TTindy, now you can chose from 27 typs of Moving Averages. You need both indicators to get it work, BUT BE AWARE: It is a hell of cpu intense, especially HMA.
Please read with more attention.
  • #4,319
  • Mar 9, 2015 2:47pm Mar 9, 2015 2:47pm
Quoting GodsClown
{quote} Please read with more attention.
so I need another indicator too? OK. numbers behind pairs are measurements of trend steepness? the higher number the better(stronger trend)?
The Market pays you to be disciplined
  • #4,320
  • Mar 10, 2015 12:31am Mar 10, 2015 12:31am
Quoting badan
just adding other indi {image}
usdcad +20
GBPJPY +29
GBPAUD ON positive
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