Attachments: Trading is as simple as ABCD

Trading is as simple as ABCD

#4,901
Apr 7, 2015 5:48am Apr 7, 2015 5:48am

Trinquete
| Joined May 2014 | Status: Trader | 516 Posts

Quoting clivepackham

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{quote} Nicely done, good idea to have daily targets...

Ignored

Yes, I think if I stay in 10 pips with my 2% , is too more easy to get that target and if the account grow up will add lots or minilot to the trade with the idea to stay in 10 pips. With your strategy we can get that.

#4,902
Apr 7, 2015 6:30am Apr 7, 2015 6:30am

clivepackham
Joined Nov 2010 | Status: Trader | 4,484 Posts

This appears to be working very well, find a chart thats obviously going one way or the other wait for a pullback and jump on board.....

This TTindy setting is definately pionting me in the right direction but perhaps more importantly with my discipline issues keeping me away from rangy losing charts...just won't let me look at them unless I open a chart manually which of course I did this morning and lost 20 pips...gotta be a message there somewhere for all us "we know where the price is going" traders...

Just follow the money....

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Feel the Fear and do it anyway!!!

#4,903
Apr 7, 2015 6:33am Apr 7, 2015 6:33am

clivepackham
Joined Nov 2010 | Status: Trader | 4,484 Posts

Banked 15 pips strong resistance level but this is a strong move so will be looking for the break and retest if it happens...

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Feel the Fear and do it anyway!!!

#4,904
Apr 7, 2015 6:59am Apr 7, 2015 6:59am

clivepackham
Joined Nov 2010 | Status: Trader | 4,484 Posts

Quoting GodsClown

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Glad to see it's working nicely now. Code for an EA is nearly done so I'm waiting for the rules and settings.

Ignored

Yep it appears to work very well but obviously early days , but when you think about it, it makes perfect sense doesn't it? Buy when priceis going up sell when its going down.... Not too complicated a system....

As for EA lets have a chat I've spent close on 2 years developing an EA so know a lot of the pitfalls etc

Lets have a skype chat about it...

Feel the Fear and do it anyway!!!

#4,905
Edited 8:26am Apr 7, 2015 7:27am | Edited 8:26am

henryloving
| Joined Sep 2009 | Status: Trader | 282 Posts

in GA

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(update) out at BE. wan not take profit at 1.9500level, maybe I should.

#4,906
Apr 7, 2015 7:29am Apr 7, 2015 7:29am

clivepackham
Joined Nov 2010 | Status: Trader | 4,484 Posts

Slowly and surely scalped myself 54 pips out of this top trender GBPAUD but I think enough is enough so I'll leave this alone now and wait for it to fall over...what goes up has gotta come down sometime...

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Feel the Fear and do it anyway!!!

#4,907
Apr 7, 2015 7:58am Apr 7, 2015 7:58am

honestknave
Joined Nov 2014 | Status: Trader | 1,300 Posts

Quoting clivepackham

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{quote} Great question and probably the biggest question hanging over the whole TTindy trading strategy.. The reason I've dropped down to the 120FSMA is that the 100lwma was exactly as you say the first two pullbacks had long gone and very often it brought you to the chart as the trend was actually fading.. Thats why I've dropped down to the 120fsma in an attempt to resolve that very issue and catch these turns much earlier in the move, of course that brings in a new danger that you are in fact selling a 5 min pullback and not the new 1 minute trend......

Ignored

Excellent - thanks for the detailed reply. I look forward to reading your longer term conclusions in due course

#4,908
Apr 7, 2015 8:00am Apr 7, 2015 8:00am

clivepackham
Joined Nov 2010 | Status: Trader | 4,484 Posts

Not normally my style but we've had an extended run up and reached a BRN plus had a double top and its crossed under my FSMA and retested from underneath so for a very small risk 10 pips I've shorted it and moved to BE...

Not expecting it to work particularly but for the amount of risk its worth a shot...and if it does win then its a bonus..

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Feel the Fear and do it anyway!!!

#4,909
Apr 7, 2015 8:08am Apr 7, 2015 8:08am

clivepackham
Joined Nov 2010 | Status: Trader | 4,484 Posts

Looks like I might have caught this about right and if i get a LH might very well add so I've got my 2 trades on very early. Of course at anytime its just as likely to fly up the page again but I've nothing to lose now but everything to gain...

Using the FSMA will lead me to more trades like this where although I'm watching it go up and its on my screen for that reason, I'm always going to keep an eye for AAA+ setups like this....Its another way to trade the top trenders, look for the first reversal signal with very small risk and hit it, get to BE quickly and see what happens..

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Feel the Fear and do it anyway!!!

#4,910
Apr 7, 2015 8:17am Apr 7, 2015 8:17am

clivepackham
Joined Nov 2010 | Status: Trader | 4,484 Posts

Took another 27 pips out of that move totalling *1 pips in total. Interestingly enough its now top of my 1 min TTindy but red, whilst being top of my 5min TTindy but green....Very good reversal signal so will see if I can get back on first LH cci signal....

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Feel the Fear and do it anyway!!!

#4,911
Edited 9:16am Apr 7, 2015 8:59am | Edited 9:16am

henryloving
| Joined Sep 2009 | Status: Trader | 282 Posts

out at BE in last trade GA. now in EJ

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update: it was a lost. SL set at 130.51, better set to 130.48

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#4,912
Apr 7, 2015 9:38am Apr 7, 2015 9:38am

Trinquete
| Joined May 2014 | Status: Trader | 516 Posts

Quoting clivepackham

Disliked

Now the top trenders look like this... {image} Now heres the crazy thing, convinced about my "gap Trade" I've ignored these 4 pairs and gone and bought GBPAUD and lost 20 pips to boot... This system is so simple its ridiculous,I'm just trading the strongest movers on 1 min so just wait for the top 4 pairs and trade them only concentrating on the top ones. Just look at every momentum turn from up to down, couldn't be simpler could it??? Just take the first 2 pullbacks and see what you get... {image} So why was I looking at GBPAUD??? because I thought...

Ignored

Hi Clive, hope don´t bootle you but can you attach the new TTindy and the setup of it, Im a litle lost here looking posts back. TY.

#4,913
Apr 7, 2015 9:46am Apr 7, 2015 9:46am

clivepackham
Joined Nov 2010 | Status: Trader | 4,484 Posts

Quoting henryloving

Disliked

out at BE in last trade GA. now in EJ {image} {image} update: it was a lost. SL set at 130.51, better set to 130.48 {image}

Ignored

Hi Henry

I think the secret is to get into the runs a little earlier if you can which is why I've dropped everything down to the 120FSMA , it gets you in quicker just make sure you get a nice strong trender...

Have you tried Godsclowns TTindy with the automatic chart openings??

Try it but remember to use your judgement as to which trades to take...I'm afraid its not as simple as top trender then hit it...I,m very keen on break and retests for entry..

Catch up later...

Feel the Fear and do it anyway!!!