nescentia necat
Trading is as simple as ABCD
- #5,561
- Apr 24, 2015 12:37pm Apr 24, 2015 12:37pm
- | Joined Nov 2014 | Status: Trader | 1,189 Posts
nescentia necat
- #5,562
- Apr 24, 2015 12:53pm Apr 24, 2015 12:53pm
- Joined Nov 2010 | Status: Trader | 4,484 Posts
{quote} Clive : 200 HMA ?? Just testing or new setting ??
You're get use to me eventually, I'm afraid I try out lots of different things and I'm a constant tinkerer, looking for that perfect setup that never fails...
But of course I won't find it, as it simply doesn't exist.
To answer your question I'm switching between the two if I can't find a setup on one I'll switch to the other to see whats setting up there, just haven't got the patience to sit around waiting for the signals, probably my biggest issue, no patience or discipline to wait for the right signal...
Sorry if I confused you..
Feel the Fear and do it anyway!!!
- #5,563
- Apr 24, 2015 12:56pm Apr 24, 2015 12:56pm
After the early Divergence post, I been watching EURUSD today and with Clives rules and Divergence post, just today we can catch 110 pips in EU. Clives said that we just need 3 goods setup per day to make a living. If anyone have something just post it, and we can work on it, here are my pics.
After the divergence we should wait for the next CCI pullback and the PA must to be in the direction of the trade (the pullback after the divergence must to be clearly above or below the 120 HMA to take the trade in the BC move.)
After the divergence we should wait for the next CCI pullback and the PA must to be in the direction of the trade (the pullback after the divergence must to be clearly above or below the 120 HMA to take the trade in the BC move.)
- #5,564
- Apr 24, 2015 1:01pm Apr 24, 2015 1:01pm
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Just wanted to say a big thank you to Clive and the other contributors to the thread. For the past few months I have been dabbling with your system but not fully committing to how you use it. I've been using the system as described for last 3 days now and I have increased my account balance by 26.5%. The chats are very visual and the new TT chart indicators are very helpful with keeping the trending pairs on the radar for a possible trade.
Anyone else making this work????
Feel the Fear and do it anyway!!!
After the early Divergence post, I been watching EURUSD today and with Clives rules and Divergence post, just today we can catch 110 pips in EU. Clives said that we just need 3 goods setup per day to make a living. If anyone have something just post it, and we can work on it, here are my pics. After the divergence we should wait for the next CCI pullback and the PA must to be in the direction of the trade (the pullback after the divergence must to be clearly above or below the 120 HMA to take the trade in the BC move.) {image} {image} {image}
But your post makes it a little more clear, or else the rules sometimes get fuzzy in my head
Something to watch out for during the weekend!
- #5,566
- Apr 24, 2015 1:21pm Apr 24, 2015 1:21pm
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #5,567
- Edited 1:56pm Apr 24, 2015 1:51pm | Edited 1:56pm
- | Joined Mar 2015 | Status: Trader | 17 Posts
After the early Divergence post, I been watching EURUSD today and with Clives rules and Divergence post, just today we can catch 110 pips in EU. Clives said that we just need 3 goods setup per day to make a living. If anyone have something just post it, and we can work on it, here are my pics. After the divergence we should wait for the next CCI pullback and the PA must to be in the direction of the trade (the pullback after the divergence must to be clearly above or below the 120 HMA to take the trade in the BC move.) {image} {image} {image}
EDIT: The 3rd one gets about 45 pips as well!
- #5,568
- Apr 24, 2015 2:59pm Apr 24, 2015 2:59pm
- | Joined Nov 2014 | Status: Trader | 1,189 Posts
nescentia necat
- #5,569
- Apr 24, 2015 3:16pm Apr 24, 2015 3:16pm
Yes, and we can get the turns of the trends (in M1) and if you take a close look ,the next CCI pullback is the 2nd LH or HL, and we can get more than 10 pips per trade. Nice one 
{quote} Do these qualify too? The GBPCAD brings in about 60 pips and the GBPUSD one about 40 pips! EDIT: The 3rd one gets about 45 pips as well!
- #5,570
- Apr 24, 2015 3:22pm Apr 24, 2015 3:22pm
{quote} yes, divergence can be a very powerful signal, but (for me) they must be considered as a warning, not as an entry signal. they must be accompanied by a psychologically level as a BRN or S/R etc. otherwise can lead to false expectations. I remember days when the price went in one direction and continued to make regular div that led me to think of a imminent reversal but the price continued its run. so the only div, in my opinion, it's an allarm... I think the important thing is to understand why price forms a div, just as you think about...
- #5,571
- Apr 24, 2015 3:24pm Apr 24, 2015 3:24pm
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Some great posts this week with loads of good ideas and helpful suggestions so heres my conclusion from this weeks trading with the new strategy.. 
Firstly theres the slope change just after the LO caused by a strong AB move up. Then price pulls back giving us our perfect CCI signal. Just look how the CCI leads us into the trade, it signals 9 minutes before price actually turns up, you'd have time to make a cup of tea and drink it before entering...Awesome little indicator..
The 2nd arrow is a bit iffy for most because its come down below the 120HMA but I'd be interested because its come back down to the same level as the last drive up, so every chance of getting support again. I don't really use the 120HMA for support or resistance it simply tells me if its green I'm looking for buying opportunities if its red I'm looking for selling opportunities. Keep it simple Green HMA look for CCI buy signals Red HMA look for CCI sell signals..
As ever I'm looking for levels for my CCI to react to and of course my favourite entry is the old break and retest of a key level.
As for the reversal setup well quite often a top trender will be the usual suspect for the quick reversal as traders in the strong move up will be very keen to jump ship and bank their profits so causing very quick reversals. Therefore quite often I'm watching a top trender going up and I'll get the slope change alert so then keep the chart open to watchout for the reversal move back down...
OK some problems to look out for with this system.
Its very easy to over trade as we are on 1 minute charts but the secret is to only take AAA+ setups that you feel very confident are going to work, just because a pair is top of the TTindy doesn't mean its a guaranteed winner, You still have to wait for the right price action to get a good entry back with the trend. We only need a couple of good trades per session to make our money.
Take the signals at the right time if you miss it don't jump on too late, let it go and catch the next one..
Leave Frankies hour alone and wait for the actual LO and NYO to pass then look for the strong trender or first slope change after the open.
Early days yet but I'm very hopeful this is going to mature into a very profitable trading strategy...
- Time of day is as important as ever and even though I've been playing around with Frankies hour this week. I'm convinced we should wait for LO and NYO to happen then look for the first colour change on our 120HMA.
- After the first colour change of the session look for a nice strong AB move crossing our 120HMA..
- Look to trade the first couple of CCI signals, its been suggested to let the first one pass as the 2nd ones usually stronger, but I'd suggest just taking as many pips as you can out of the first one as near to 10 pips as possible. Then take the 2nd one and maybe leave it on as the 2nd one gets you away from your entry, as traders are taking profits as fast as they can from the previous move..
- Once the trends get established just trade with the 4 top trenders taking the CCI signals as they set up as long as market structure is in place, eg buy DB's and HLs and sell only DT's or LH's. Remember we are buying wave bottoms in an uptrend and selling wave tops in a downtrend and never the other way round. NEVER sell wave bottoms and NEVER buy wave tops...
- As for exits well I've two thoughts on it, either just bank the whole trade at point D when price stalls.
However if you're looking for the longer move then take off half at point D and lets say you get 10 pips. Then use those 10 pips to set your stop below your entry so giving your trade a chance to survive the retest of your entry. Effectively you've got a break even stop as you've banked 10 pips on first move. Now theres a chance your trade will survive and go onto a bigger winner.
I would only do this on the very first couple of entries after the turn. After that just bank every move as the trend 70% of the time will end quite soon after the first couple of entries. I'm finding the first couple of entries to be the best for sure, after that its abit hit and miss..
Sure you're get runs that will go on for CCI signal after CCI signal but they are the exception that proves the rule.
Heres a chart showing exactly what I'm after from now on.
Firstly theres the slope change just after the LO caused by a strong AB move up. Then price pulls back giving us our perfect CCI signal. Just look how the CCI leads us into the trade, it signals 9 minutes before price actually turns up, you'd have time to make a cup of tea and drink it before entering...Awesome little indicator..
The 2nd arrow is a bit iffy for most because its come down below the 120HMA but I'd be interested because its come back down to the same level as the last drive up, so every chance of getting support again. I don't really use the 120HMA for support or resistance it simply tells me if its green I'm looking for buying opportunities if its red I'm looking for selling opportunities. Keep it simple Green HMA look for CCI buy signals Red HMA look for CCI sell signals..
As ever I'm looking for levels for my CCI to react to and of course my favourite entry is the old break and retest of a key level.
As for the reversal setup well quite often a top trender will be the usual suspect for the quick reversal as traders in the strong move up will be very keen to jump ship and bank their profits so causing very quick reversals. Therefore quite often I'm watching a top trender going up and I'll get the slope change alert so then keep the chart open to watchout for the reversal move back down...
OK some problems to look out for with this system.
Its very easy to over trade as we are on 1 minute charts but the secret is to only take AAA+ setups that you feel very confident are going to work, just because a pair is top of the TTindy doesn't mean its a guaranteed winner, You still have to wait for the right price action to get a good entry back with the trend. We only need a couple of good trades per session to make our money.
Take the signals at the right time if you miss it don't jump on too late, let it go and catch the next one..
Leave Frankies hour alone and wait for the actual LO and NYO to pass then look for the strong trender or first slope change after the open.
Early days yet but I'm very hopeful this is going to mature into a very profitable trading strategy...
Feel the Fear and do it anyway!!!
- #5,572
- Apr 24, 2015 3:50pm Apr 24, 2015 3:50pm
- | Joined Nov 2014 | Status: Trader | 1,189 Posts
{quote} You absolutly right, thats why we must to wait, after the divergence, the next CCI signal and where is that signal (above or below the 120 HMA). And if we can get that trade into a significant level, can make a very good trade +10,+20, +30,+40.
we just have to get to work!
nescentia necat
- #5,573
- Apr 24, 2015 3:55pm Apr 24, 2015 3:55pm
- | Joined Nov 2014 | Status: Trader | 1,189 Posts
nescentia necat
- #5,574
- Edited 11:39pm Apr 24, 2015 5:13pm | Edited 11:39pm
- Joined May 2007 | Status: Ozziedave | 1,344 Posts
{quote} Wow !!! Thats awesome, are you using the 1% across 10 pips?? If so you've made 265 pips, can't be bad, so pleased other guys are starting to make some money with this strategy. Just have to get my life organised and get some money together asap.. so I can join in the fun..
I've been trading for some years now so I am using higher leverage and lot sizes making between 5 and 20 pips per trade on average. I believe that if I can master taking 5 -20 pips outta the market with consistency I can use higher lots sizes and make more without having to gain 100 or 200 pips a day. This also limits my exposure to the market. This has worked out very well for me this past week. Now All I have to do is rinse and repeat week after week.
That will be the test of this system and the way that I trade it...if I can repeat these results week after week. By the way this is my live account.
I don't recommend this way of trading for everyone. I would say you need some experience before trying this particular style of money management.
I will keep posting my results and charts.
- #5,575
- Apr 24, 2015 6:59pm Apr 24, 2015 6:59pm
- | Joined Apr 2014 | Status: Trader | 1,900 Posts
another good entry signal on eu from ttindy price touch first time monthly pivot after a nice downtrend and bounce, secon time was the same, cci that loses strength, div and 123 rev. waiting for a cci inversion and entry candle ct first entry +14 out on cci downforce waiting for a retest of BRN waiting for cci up force entry candle and second +30 ongoing
Here is another trade I took last week. Notice we have a low and then a higher low. Also notice that the candles do not close below the white line and we get a bounce up, bullish outside bar. That was the trigger candle for me. Got in and out within 2 candles for 14 pips. Notice the HMA has changed from red to green. This is what I'm talking about, quick hitters for 5 -20 pips with very little risk. If I could do that every day, I would be a very happy trader. {image}
- #5,579
- Apr 25, 2015 6:28am Apr 25, 2015 6:28am
- | Joined Jul 2010 | Status: Trader | 1,319 Posts
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
- #5,580
- Apr 25, 2015 6:59am Apr 25, 2015 6:59am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Ozzie, is that a 120 HMA or 200 HMA?
I'm convinced its a combination of catching the first two CCI signals and then holding until the 120 turns back over again, basically holding the 1 minute trend until it ends, defined by the 120HMA turning over. My thoughts are something like this:
- Identify the slope change just after market opens.
- Catch first CCI signal and grab say 10 pips.
- Now use this 10 pips as your hard stop for your 2nd trade if it works hold the 2nd trade until the HMA turns over. If it doesn't go as will probably happen 70% of the time, you've lost nothing.
- Another way is to take bank half the first move and hold half but again use the banked half as a soft stop and then repeat for 2nd CCI signal. Has the advantage over the first way that you've banked one whole position(2 half positions) and you have a full position going forward on the close of the 120HMA slope change.
- Basically I'm trying to monopolise the first 2 CCI signals as best we can as runners and just Orphan hug the signals after that in the trend.
I would only use this on the first 2 maybe 3 CCI signals after the initial slope change, after that just Orphan hug until the trend ends which of course is defined by the 120HMA turning over.
The problem will be that plenty of time you're gonna come out with nowt but every now and again you're gonna get a real good un if we catch the London or New York breakout trades...
Just trying to work out a way to capture those bigger winners. Whats your thoughts???
Feel the Fear and do it anyway!!!