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Trading is as simple as ABCD

  • #5,021
  • Apr 10, 2015 1:16am Apr 10, 2015 1:16am
Just wanted to chime in and say you guys have done some great work on the TTindy and a simple yet effective way to catch waves at M1.

Not that my endorsement means anything at all, but I have been trading for a bit, and I like how this thread progresses. I think you folks are amazingly generous, and anyone who is willing to make trading a business and put a few hours each day behind it, you cannot go far wrong with this as a basic system to get yourself regular signals.

Great job Clive!
If you are good at something, never do it for free--Joker
  • #5,022
  • Apr 10, 2015 1:16am Apr 10, 2015 1:16am
GBPUSD shaping up nicely for a sell 2nd in TTindy but watch out for the 1.4684 level looking very reversible so wait for it to pullback and take a run at it or trade the break and retest...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1.png Size: 80 KB
Feel the Fear and do it anyway!!!
  • #5,023
  • Apr 10, 2015 1:20am Apr 10, 2015 1:20am
Of course we're in Frankies Hour here notorious for fake outs and sudden reversals so just tread warily or should I say "Trade Warily"..

Probably best to wait for just after LO like I was saying yesterday we are all about following the money here so best let the "The Good Old London Boys" get settled in, have their morning coffee, or should I say "cup of tea" then start trading...

Think I'm gonna probably join em, anyone for tea????
Feel the Fear and do it anyway!!!
  • #5,024
  • Apr 10, 2015 1:43am Apr 10, 2015 1:43am
Made that cup of tea too fast and took a losing trade there on GBPJPY, should of adhered to my own advice and left Frankie alone..

Also my entry was too quick I saw a good level then a pin bar so took it but the actual signal candle was the one after and if I'd stuck to my entry it wouldn't of been hit...

So a loser to start the day but more importantly I deserved it for losing my discipline yet again...

Hate starting with a loser it makes it hard work trying to get it back, I seem to fly if I start with a winner or two..Just need a little more...

Discipline, Discipline, Discipline.....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 59 KB
Feel the Fear and do it anyway!!!
  • #5,025
  • Apr 10, 2015 1:46am Apr 10, 2015 1:46am
Hey Clive!
I took that trade too a few candles later, but closed it after realizing pre-LO, so danger averted
  • #5,026
  • Apr 10, 2015 1:57am Apr 10, 2015 1:57am
Just want to show you something looking back at that loser. My entry system is very good when I follow it so this is a perfect example of that.

Look how I've taken my entry too soon, the candle after the one I took is the CCI signal candle and thats where my sell stop should of gone. It wouldn't of been hit. Now look at every signal candle after that in this whole pullback, it has to signal on CCI and be same colour as trend so red in this downtrend...

Not one of the red signal candles are taken out every sell stop 2 pips below wouldn't of been hit..

Now look at the actual signal candle that works ...unreal isn't it????

Also of course it was a retest of that 177.25 level so ideal place to enter...


Attached Image (click to enlarge)
Click to Enlarge Name: Great entry system works.png Size: 65 KB



Just goes to show how good this entry system is if only I was disciplined enough to follow it....
Feel the Fear and do it anyway!!!
  • #5,027
  • Apr 10, 2015 2:03am Apr 10, 2015 2:03am
Yeah! It's pretty unreal!
I sometimes wish I had that discipline to follow all the rules I set myself! Someday!
But since this system gives a lot of signals, time to be ready for the next one!
  • #5,028
  • Apr 10, 2015 2:13am Apr 10, 2015 2:13am
Here we go the London open proper, why didn't I wait?? Lets see if I can make up for my earlier demise???

EUR weakness across the board and a nice break and retest entry...
Attached Image (click to enlarge)
Click to Enlarge Name: euraudm1.png Size: 64 KB
Feel the Fear and do it anyway!!!
  • #5,029
  • Apr 10, 2015 2:41am Apr 10, 2015 2:41am
Quoting jmn5611
Just wanted to chime in and say you guys have done some great work on the TTindy and a simple yet effective way to catch waves at M1. Not that my endorsement means anything at all, but I have been trading for a bit, and I like how this thread progresses. I think you folks are amazingly generous, and anyone who is willing to make trading a business and put a few hours each day behind it, you cannot go far wrong with this as a basic system to get yourself regular signals. Great job Clive!

Hi jmn5611

Thanks for that much appreciated, its nice when a seasoned trader stops by and gives us all the thumbs up for a job well done
Feel the Fear and do it anyway!!!
  • #5,030
  • Apr 10, 2015 3:34am Apr 10, 2015 3:34am
Quoting gandhi0815
Hello! It seems I am the only one with this problem at the TTindy. It shows 7-8 digit numbers. It occurs on both the old (8) and on the new (28) TTindy, but only at my livebroker. For Demo I use a different broker without any probs. Does anyone know why? Thanks {image} {image}
I would guess broker suffix.
Do you see how your charts are EURUSD.IN.M1?
Look for an option in the settings to set broker suffix to .IN
  • #5,031
  • Apr 10, 2015 3:40am Apr 10, 2015 3:40am
Quoting clivepackham
Just want to show you something looking back at that loser. My entry system is very good when I follow it so this is a perfect example of that. Look how I've taken my entry too soon, the candle after the one I took is the CCI signal candle and thats where my sell stop should of gone. It wouldn't of been hit. Now look at every signal candle after that in this whole pullback, it has to signal on CCI and be same colour as trend so red in this downtrend... Not one of the red signal candles are taken out every sell stop 2 pips below wouldn't of been...
When patient, this entry system almost never fails to give a few pips if you use a trailing stop. It really is fun, fast, reliable.
  • #5,032
  • Apr 10, 2015 3:54am Apr 10, 2015 3:54am
GBP weakness due to slightly lower IP numbers?
Took an order in GBPCAD and it TPed within 2 minutes for 23 pips
  • #5,033
  • Apr 10, 2015 3:57am Apr 10, 2015 3:57am
Quoting honestknave
{quote} I would guess broker suffix. Do you see how your charts are EURUSD.IN.M1? Look for an option in the settings to set broker suffix to .IN
Hello honestknave!

Thank you for your reply.
I just deleted my template and use now clives 1min scalper template.
Dont know what the problem was, but works perfect now.
  • #5,034
  • Apr 10, 2015 4:46am Apr 10, 2015 4:46am
Quoting gandhi0815
{quote} Hello honestknave! Thank you for your reply. I just deleted my template and use now clives 1min scalper template. Dont know what the problem was, but works perfect now.
Glad you got it sorted
  • #5,035
  • Apr 10, 2015 5:43am Apr 10, 2015 5:43am
I will focus in EURUSD because of the spread 1,8. I been watching the movement of the Ttindy today morning and realize something that Clive saids early, and is that when EURUSD is in strong move in Ttindy M5, then in M1 we can see the retracement over the 120 HMA and then back to track to sell in this case just how show the Ttindy in M5. Maybe Im wrong but is that I see right now.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 86 KB
  • #5,036
  • Apr 10, 2015 5:48am Apr 10, 2015 5:48am
Like I said in the early post. Just to wait the first LL LH.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD1.png Size: 78 KB
  • #5,037
  • Apr 10, 2015 7:10am Apr 10, 2015 7:10am
Hi Clive

I use the ABCD method can find many great entry, but I have some problem,how to filter Ranging Market? ADX?

thx a lot.
  • #5,038
  • Apr 10, 2015 8:04am Apr 10, 2015 8:04am
Quoting blueface
Hi Clive I use the ABCD method can find many great entry, but I have some problem,how to filter Ranging Market? ADX? thx a lot.
Hi Blueface

Use the TTindy thats exactly what its there for it will not only keep you out of rangy pairs it will remove the chart from your screen so you can't trade rangy pairs...

Once a pair starts ranging its not in the TTindy....Thats all you need...
Feel the Fear and do it anyway!!!
  • #5,039
  • Apr 10, 2015 8:06am Apr 10, 2015 8:06am
GBPCAD in top 4 post news trade so lets see what we get out of this????
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM1.png Size: 51 KB
Feel the Fear and do it anyway!!!
  • #5,040
  • Apr 10, 2015 8:10am Apr 10, 2015 8:10am
Quoting Trinquete
Like I said in the early post. Just to wait the first LL LH. {image}

Yep and as you said look at the ABCD pattern provided by the 120HMA to identify which directional turn to trade eg in this example its to take the turn downs, so when HMA turne from green to red try and get a couple of CCI signals to stick then hold on HMA turns...

This is trading higher time frame structure off of the 1 minute chart.....
Feel the Fear and do it anyway!!!
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