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  • #4,341
  • Mar 11, 2015 4:57am Mar 11, 2015 4:57am
Gave 10 back there entered too early didn't wait for my entry hit it as it tested 25 level.

Got to learn to wait for my signal....pending order 2 pips below signal candle would of kept me out...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 49 KB
Feel the Fear and do it anyway!!!
  • #4,342
  • Mar 11, 2015 5:00am Mar 11, 2015 5:00am
Quoting clivepackham
Gave 10 back there entered too early didn't wait for my entry hit it as it tested 25 level. Got to learn to wait for my signal....pending order 2 pips below signal candle would of kept me out... {image}

Also need to take only the first 2 CCI signals after FSMA turn and have the discipline to leave these later ones alone....sure some work late in theday/run but thats the problem, a couple work then you think its OK to take them all and its not....

Discipline, Discipline , Discipline, thats all it takes......
Feel the Fear and do it anyway!!!
  • #4,343
  • Mar 11, 2015 5:11am Mar 11, 2015 5:11am
Thats better pleased with this entry no matter what happens stuck to my entry plan to the tee.....first CCI signal after colour change on FSMA...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 48 KB
Feel the Fear and do it anyway!!!
  • #4,344
  • Mar 11, 2015 5:15am Mar 11, 2015 5:15am
Quoting clivepackham
Thats better pleased with this entry no matter what happens stuck to my entry plan to the tee.....first CCI signal after colour change on FSMA... {image}
I know I've been in and out last week or so but not showing on TT at all?, did trading top 4 on TT get ditched that I have missed?
  • #4,345
  • Mar 11, 2015 5:30am Mar 11, 2015 5:30am
Took another 19 out of that move but should I have held it for more as I caught the first CCI signal????

So just in case got back in quickly on next little pullback so will leave this now see what happens.. nice to of banked and rejoined the fight..
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 52 KB
Feel the Fear and do it anyway!!!
  • #4,346
  • Mar 11, 2015 5:42am Mar 11, 2015 5:42am
Banked another 17 pips there as right on my AB=CD target and BRN plus 15min resistance so that will do for this morning...just a smidge under 50 pips to the good 3 winners and 1 loser so thats enough for one session...

How did I do Martin???? Better discipline today???

See I do listen...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 63 KB
Feel the Fear and do it anyway!!!
  • #4,347
  • Mar 11, 2015 5:47am Mar 11, 2015 5:47am
Quoting Vantage
{quote} I know I've been in and out last week or so but not showing on TT at all?, did trading top 4 on TT get ditched that I have missed?

Hi Mr V.

I'm just trying something out that fits with my working at the moment, I open up our usual suspects GBP pairs plus EURJPY,EURAUD then wait for FSMA to alert me to slope change and try to take first two signals only win or lose..

Gets me in earlier so hopefully higher RR's like this morning...

Also had a chat with my mentor Martin who put me right on a few things as usual, discipline,discipline ,discipline were the 3 main areas he advised me to look into..

Well it worked today...
Feel the Fear and do it anyway!!!
  • #4,348
  • Mar 11, 2015 6:02am Mar 11, 2015 6:02am
Quoting clivepackham
{quote} Hi Mr V. I'm just trying something out that fits with my working at the moment, I open up our usual suspects GBP pairs plus EURJPY,EURAUD then wait for FSMA to alert me to slope change and try to take first two signals only win or lose.. Gets me in earlier so hopefully higher RR's like this morning... Also had a chat with my mentor Martin who put me right on a few things as usual, discipline,discipline ,discipline were the 3 main areas he advised me to look into.. Well it worked today...
Thanks Clive found the post http://www.forexfactory.com/showthre...13#post8115413. I have also been mucking about with a 100 100 1 stoch above below 50 level as trend signal and trade filter but looks like fsma does very similar job.
  • #4,349
  • Mar 11, 2015 6:07am Mar 11, 2015 6:07am
I know I shouldn't do this but just looking back at my EURCAD entry earlier first CCI signal after FSMA turns red with EUR weakness at the time. Should I start to hold on the turn of the FSMA?? After all its quite responsive isn't it so should get me out quite quickly...

Attached Image (click to enlarge)
Click to Enlarge Name: eUR weak take fsma turn down.png Size: 60 KB


Hmmm gonna keep an eye on this new system as it might lead to some bigger runs if I don't get shaken out too early...
Feel the Fear and do it anyway!!!
  • #4,350
  • Mar 11, 2015 6:24am Mar 11, 2015 6:24am
Quoting Vantage
{quote} I know I've been in and out last week or so but not showing on TT at all?, did trading top 4 on TT get ditched that I have missed?
wasnt gbp/aud well over 30 (at 56 green) at bottom of 1min TTindi list on this entry?
  • #4,351
  • Mar 11, 2015 6:29am Mar 11, 2015 6:29am
Quoting Vantage
{quote} Thanks Clive found the post http://www.forexfactory.com/showthre...13#post8115413. I have also been mucking about with a 100 100 1 stoch above below 50 level as trend signal and trade filter but looks like fsma does very similar job.

Yep and it has some good alert settings too. Could use it on higher timeframes and have it email you an alert..

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM1.png Size: 51 KB


Just used it again and entered quite safely, so far so good as they say, but of course we will have losers as the trend won't always reverse but what I like about it is that we should get bigger RR's with 10 to 20 pip stops max. I'm even thinking just use signal candle as stop, sometimes 5 pips will suffice. After all if we're going to have losers lets keep them small as possible..

I think it will work in rangy markets as well as catching our trenders at the start...Watch for the CSM reading to support your trade and the 5 min TTindy then hold on FSMA till stopped out.

For quite a while I've been looking for something to resolve some of the TTindy issues like , too late to the ball, where to exit plus staring at computer can drive you mad etc etc. This just might be a solution??
Feel the Fear and do it anyway!!!
  • #4,352
  • Mar 11, 2015 6:35am Mar 11, 2015 6:35am
Quoting bapakjason
{quote} wasnt gbp/aud well over 30 (at 56 green) at bottom of 1min TTindi list on this entry?
You are right it was showing on Clives TT, wasn't showing on mine that has the 100lwma on, At the time of entry my 100lwma was still red so green 56 on Clives TT means he's using something else. More reading to do to see what the TT has now been changed to. Sorry for the disruption, wow miss a few days!!!
  • #4,353
  • Mar 11, 2015 6:39am Mar 11, 2015 6:39am
As many of you know I started this thread in memory of my Father who died 23rd March last year so its funny but as I was looking at this chart of GBPAUD and thinking about taking the first 2 CCI signals his words came to my mind as usual..

Attached Image (click to enlarge)
Click to Enlarge Name: Dads Good OLd One Two punch.png Size: 55 KB


Like all good Fathers he wanted to make sure I could look after myself when I was younger and having had quite a good boxing carreer in the army, he taught me his favourite punch, "The Good Old One Two" as he called it,a quick jab with the left smartly followed up with a right cross. So maybe we'll name this new strategy the "Good Old One Two" in his memory...
Feel the Fear and do it anyway!!!
  • #4,354
  • Edited 6:55am Mar 11, 2015 6:44am | Edited 6:55am
Quoting clivepackham
EUR weak and first CCI signal after colour change of FSMA so took a quick 23.3 pips here first trade of the day....EURAUD looks good but had work stuff to doearlier . I'm gonna just have some charts open and wait for FSMA alerts today see how it goes... {image} {image}
Now that was a great trade. Color change on your trend indi after a beautiful ABC move with C terminateing nicely into 3500 with the corresponding CCI spike. Lovely!
Today's zone = Tomorrow's opportunity!
  • #4,355
  • Mar 11, 2015 6:45am Mar 11, 2015 6:45am
"The Good Old One Two" still works like a charm,

Attached Image (click to enlarge)
Click to Enlarge Name: Dads Good OLd One Two punch.png Size: 56 KB


Knocks em out every time Dad....
Feel the Fear and do it anyway!!!
  • #4,356
  • Mar 11, 2015 7:35am Mar 11, 2015 7:35am
Quoting Vantage
{quote} You are right it was showing on Clives TT, wasn't showing on mine that has the 100lwma on, At the time of entry my 100lwma was still red so green 56 on Clives TT means he's using something else. More reading to do to see what the TT has now been changed to. Sorry for the disruption, wow miss a few days!!!
didn't think of the difference between your indi and his. good point. i'm just learning and trying to make sure i am seeing things right on different charts. thanks Vantage.
  • #4,357
  • Mar 11, 2015 7:50am Mar 11, 2015 7:50am
Quoting clivepackham
{quote} Hi Simitch Please don't apologise for your English its 100 times better than my Italian I can assure you.. Yes you are right just because the TTindy says +50 it doesn't mean you can trade it, the trend could very easily be at exhaustion and about to reverse. You need to check the chart and get confirmation the trend is still going strongly, best measure of that is that the last push down or up took out the previous push down or up. In other words did the last low get clearly broken or the last high get clearly broken??? If so trade the...
Thank you very much clive Now it's all clear, i'll try this strategy in demo now.
  • #4,358
  • Mar 11, 2015 8:23am Mar 11, 2015 8:23am
"The Good Old One two" strikes again!!!!

This time 30 pips out of EURJPY, thats 90 pips so far today plus had 2 goes at GBPAUD but just squeezed 10 pips out of that.....

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM1.png Size: 49 KB
Feel the Fear and do it anyway!!!
  • #4,359
  • Mar 11, 2015 8:41am Mar 11, 2015 8:41am
This is very interesting but this "good old one two" seems to be working very well today even on pairs like AUDUSD. Now I'm not saying its gonna work everytime but the good news is we only need small stops to get in so when we are wrong not too much damge and also if we have the bottle how about holding on the FSMA for a close on both trades???

Attached Image (click to enlarge)
Click to Enlarge Name: Good old one two works well.png Size: 73 KB


Definately gonna give this some more runs this week see if I can hold too??
Feel the Fear and do it anyway!!!
  • #4,360
  • Mar 11, 2015 8:46am Mar 11, 2015 8:46am
EURJPY lining up for a buy nice AB move up plus FSMA colour change so lets see if next CCI signals any good???
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM1.png Size: 45 KB
Feel the Fear and do it anyway!!!
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