Trading is as simple as ABCD

That was interesting 14.1 pips on GBPNZD, 14.3 on NZDJPY and a BE on EURJPY...of course they were all in the direction of the 5 min trend so that helped but also all I had to do was decide when to put the first pending order on, and just click and drop anywhere on the chart and it did the rest , managed all 3 trades to their conclusion.

Clever stuff eh??? And theres more to come, going to look into slowly adding more features until its practically automatic, step by step by step... At the moment I have to pick the pair that I like which is easy enough from my top 4 5 min trenders then jsut wait for the CCI to go overbought/sold and soon as I get my signal candle just click "Trading" "buystop or sell stop" and it does the rest. Decides on lotsize for risk as per your risk setting, trails the pending order until hit, then it moves them to BE plus commission then trails by set number of candles until closed... Thats how I could put 3 trades on at the same time and left it to manage them for me...

Early days but we're hoping to have close half/run half as we're trading with 5 min trend and close the runners when the 5 min HMA gets crossed...

Will test it out and post the finished EA when done .....

Just had a 10 pip loser on EURJPY silly trade but worth a go but trying to catch this GBPNZD move been in once already at BE so trying it again here...

4.79% on account. 34.7pips. done for the day. gratitude and thanks.

Well done Jason great discipline to stop too when You've hit your daily target, well done jason...

Clive, why do you set "buy/sell limits" and don't trade as "market buy/sell"?
How do you set them?

hi clive , HMA extremely useful , i use high TF then yours and the result more pips to earn , i am still in demo account to sharp my entry and exit point.

Hi Godfire

I don't use limit orders , I use buy stops and sell stops so the market has to move my way to take me into trade. Also if I'm selling then the candle bottoms must be taken out to prove a downtrend, so its confirmation I'm right and price is trading back with the trend.

You'd be amazed how many times I put a buy stop or sell stop on 2 pips above/below candle and they don't get hit as price trending opposite way whilst it pulls back against the trend,.

Have a look at some CCI signals and you're see what I mean...

Can't put a chart up at mo as an example but will see what i can do when i get home tonight..

As for how doo I do it??

Well you can use the trailing entry ea attached whenever you see a setup just drop it on and it will place the orders for you 2 pips above/below candles or I use to just put a pending order away from the actual price then when i saw the signal candle quickly click and drag it into plce..

The new ea we're working ondoes it all for you once you spot the signal candle then i just click "trading" and either the "buy stop" or "sell stop" and it will adjust lotsize to correct amount and place the order and then trail it up the pullback until hit or I cancel it if it goes back too far ...

Hope that helps, maybe I'll do a video on it sometime as its key to the success of this system..

sounds good but more pips doesn't necessarily mean more profit as it all depends on risk/reward ratio. But if you're doing it with say 10 to 20 pip stops and getting 50 or 60 pips then awesome ...

Please show us your method...

...big difference between demo and real. On a real account you feel the pain better. LOL

thank u for remind me, i've learn a lot from the past how my in and external factor effect to my decision. that's why i never stop learn that suit to my style.

it still demo , i use HMA 34,83,143 M15 - , confluence with CS form H1 look for H/L yesterday D1, my target 10-20 pips a day , MM ( u know better then me) , i trade London season and one day trade. and last but no least keep watch FF calender & News.

I started late today, tired and during the first 90 minutes of the NYSE session and this brought back an old bugaboo I've had for a lot of years about trading in that timeframe. I lost 10.1% on two trades. The first trade was on GCAD for BE +~two pips, and then a GU which eventually came back for a slight profit where I should have got out as usual, but I held on and it eventually took me out. The third was on GJ, with a weak CCI signal and it handed me my ass on a platter hehe.

I'm not worried about the money at all but about making stupid decisions. Today I made two stupid decisions in a row and in what I consider a very bad timeframe to trade. So when I change my schedule, I will have to be extra careful or not trade at all unless there is something running hard after the London Close.

(I've found over the years trading futures etc that during the early NYSE there are many cross-currents going on, and of course on many days we also have reports during the NYSE that can skew the setups on the shorter timeframes).

Also, yesterday I was feeling strange after the three small trades. I usually have a bit of fun (with some necessary stress) doing manual trading, but this is different for me now, so I'll have to be careful about that. I'm an old guy and can more easily bust a gasket than you young guys lol. It comes from a desire to be perfect of course, and from the intense concentration I need during the trades (and didn't have today). Right now I am perfectly relaxed and finding positive reflections on the day actually.

But that is what the practice account is all about - see how everything goes and learn the lessons.

I will need to re-think some issues. The setups are gold for me, thanks to Clive again, and I'm comfortable with my stops and targets and the way I handled things before this stupid day of mine. And not spending too much time at the monitors is good too. So that leaves risk management, and maybe moving to the UK where I can get some good morning trades lol.

So I'll pull in my horns now and see how I want to proceed from here.

I'm grateful for the positive spirit in this thread and hope it stays that way.

Green pips to all.

P.S. I'll post a chart of the GU trade later to show why I should have got out of it

Al

I still say if you use a 10 tick rangebar chart you wont need to look at any timeframes just the cci signals with defined stop just saying

Great post!

The only defence I have for this stupidity is that several corresponding GBP pairs were screaming up on the TT. But it's not a good defence because I'm supposed to trade what's in front of me. It was reflexive and not properly thought out.

Good day Divergence. Do you mean 10 pip? Can you show us an example of a couple of trades?
My favourite fixed bar setup is usually the Renko at 3 or 4 pips, but I'd like to have a look at your idea if you could help.

Appreciate it.

He said ticks as he trades futures...

... you'll find a post or two.... over 6,500 of them.... on his thread : http://www.forexfactory.com/showthread.php?t=280673 ...

First trade after LO...

2nd one still making its mind up...

Still hasn't made up it mind but I have , enoughs, enough move to BE and see what happens... win or a draw...