Trading is as simple as ABCD

The lines are the markets open and close, the green one is LO, but I don´t use it, come with Clive´s template. 2nd question, in that chart I have HMA 120, and again, come with the Clive´s template.

Txs...
I downloaded the Clives template also, but it"s Ma slope indicator 100.
By the way, I sent you a message at your profile... in our native language...

Recover some of the past lose

EURJPY top 1 at the moment to take the trade, grab +20 from this trade and recovery from the -10 and end +10.

Another go with the pullback...BE so lets see.

Ahhh, que bien!, I´ll wait to arrive. Here is the setup to the Ttindy

Take +5 from the last trade, is below the 120 HMA so better go with some that nothing, and is no longer in the top 4.

Was in the Kitchen and lost this trade with the first pullback, is in in top 4.

I´ll wait for the 2nd. pullback...

Get the pullback an go BE ASAP, but kick me out the SL.

Just to remind you guys..... There's a big probability that, that reversal trades take place at open markets transition....., I mean Asia turns to FO, FO to LO & LO to NYopen. Mostly there are a wave to Asia, a reversal wave to FO or LO and finally a different wave to NY market. It's not a rule, BUT, Gosh, how often it is. Just do the homework and check it out.....!!!

BTW, Thank you very much CLIVE...!!!

Just to remind you guys..... There's a big probability that, that reversal trades take place at open markets transition....., I mean Asia turns to FO, FO to LO & LO to NYopen. Mostly there are a wave to Asia, a reversal wave to FO or LO and finally a different wave to NY market. It's not a rule, BUT, Gosh, how often it is. Just do the homework and check it out.....!!!

BTW, Thank you very much CLIVE...!!!

Looks to me like a lot of you guys are starting to get to grips with this strategy and make yourselves some nice little profits. I think we can make ourselves even more profitable by being selective about the time of day to trade.. Frankie I'm starting to realise can be a bit of a swinging start to the day so take what you can and don't look to hold for too long... Very prone to reversals.. Bit like Elpropio says above one market seems to reverse the other and LO and Frankie are no different one setting up the other...for a fall so using the liquidity to feed their own moves..

Also I'm convinced we need to be taking the first 3 or 4 ABCD entries in the move, in fact maybe just the first 2 after the reversal as these are a higher probability entry as the later ones are invariably near the end of a weakening trend...

Lastly I like break and retest entries as my strong favourites as price seems to spring off from these entries..Break and retest of key levels like Daily Pivots, 25 levels, BRNs, yesterdays high,low and close too, are even more powerful...

I'm also very aware that I'm over trading at times and just need to take the AAA+ entries that are simply unmissable...We only need 3 or 4 good trades per session to make our money..

Very very lastly , I'm really enjoying the 120HMA turns they really are a treat to behold aren't they and happen far more frequently than continuous runs, so much easier to catch and trade... Lets have a look at a couple of pairs today and their turns...



Look at these lovely turns after a fairly strong run one way then invariably we get another strong run the other way. Just look at the turns after the LO 3 and the NYO 7, these are definately the times to look for a turnover for sure.. But either way theres 7 very tradable turns..

How about EURJPY??



Same sort of thing and again just after LO we get a great reversal signal, notice how price crosses the 120HMA then stays one side of it to give us our best runs..Also consider the market structure of these turns, buy wave bottoms and sell wave tops but even better if its a HL or LH 120HMA turn. These are the turns of the higher timeframe that everyone wants to trade..

And finally lets look at AUDUSD and its turns..



Have a look again at these turns just after NYO turn 6 is a beauty and also a HL than 5. Turn 4 is a LH than turn 2. Notice how the bigger runs price crosses over the 120HMA then more or less stays one side of the 120HMA?

If we're looking for bigger runs then again its about getting those first few CCI turns after the colour changes. Maybe we should focus on these turns a little more?? How about getting the early CCI signals banking half and letting half run on the next slope change??

Lets have a closer look at that turn 6 see if it was tradable or not??



Looks perfectly tradable to me, at least 5 chances to get something to stick....again just take the earlier signals..

OK so heres some thoughts for tomoz..

The 120HMA has an alert function on it so why not have the top 8 trenders charts open and if you get an alert have a look to see if its a tradable reversal or not??

To qualify price must have clearly driven through 120HMA and made a LL in an uptrend or a HH in a downtrend.

Then look to sell the next LH or buy the next HL.

Price must stay above/below the 120HMA.

Bank half hold half on slope change.

Only trade the first 2 or 3 CCI signals and get 2 to stick.

Just some ideas of how we can take advantage of these slope changes..

What do you think???

Wise approach Clive...!!!

This post is for El Propio, Go to this post from GodsClown, I take from this post the way to put my Indis in the MT4. I send you a pic of my indicators in the folder that I use, hope will works to you.

Hi,
120 hma I can not. Can you tell a template associated with it.

Great points there Clive , check out those obvious M and W patterns At the turns as well , often a sign of trend change, although can be traps also.
That point of yours seeing that first sign of HH LL at the turns I think is crucial, (Is there an indi for that with alert)? just my 2 bobs worth .
Btw Many thanks to Gods Clown for his work here ,greatstuff.
Best regards Peter

AUDUSD lines with ABCD projection. Price currently at the minor .5 pivot
http://i.imgur.com/ASHpQ3C.png

Hi Clive

Been in and outta of the thread since you started. decided to load the newest set of indicators frpm post 5288. The four charts opened fine. Can you answer a few questions about the charts. I was trading one of the 4 open charts and the chart kept switching to another chart. Is there anyway to stop that if you are actually in a trade . I clicked enlarge so the chart I was trading on took up the full screen but it still kept on changing to another chart.

Also I noticed the proce movement was real jerky. Is that because of the tick data? If so, can I go back to the regular Mt4 data feed and still have the top 4 trading charts show up as titled on my platform. I really don't like th sudden movement of 2 and 3 pips at one time.

Very clear double top here , what I believe they call a "No Brainer" trade...