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  • #6,381
  • Jun 5, 2015 8:20am Jun 5, 2015 8:20am
Quoting harry23
OAPDave very well said....he needs it! ;-)) ...and always remembering how easy they can take your money away.... {quote} {image}
Thanks Harry 23
I meant it with the best intentions but I have my tin hat on waiting for the bullets that will surely come my way
  • #6,382
  • Jun 6, 2015 1:38am Jun 6, 2015 1:38am
Quoting OAPDave
{quote} Thanks Harry 23 I meant it with the best intentions but I have my tin hat on waiting for the bullets that will surely come my way
Hi Old Timer, where you been hiding????

No need for your "Dads Army" tin hat my old friend....

No ones going to kick your butt Dave, just because you speak your mind because theres never anything wrong with that.. I appreciate everyone's comments here as we are fortunate not to have too many trolls around this thread...

Truth is I have cracked how to trade absolutely no doubt about that , my strategy is 100% sound,

I know when to trade, just after LO and NYO

I know which pairs to trade that are trending strongly, top 4 from TTindy

I know when to enter , CCI OB in down trends, OS in uptrend

I know how to enter safely with small stops and get my risk off the table within 5 minutes

I have a solid money management plan which makes it practically impossible to blow your account

Just one teeney, weeney, iitsy, bitsy, minor little problem to solve, when is enough enough?????? When do I bank????? Why don't I bank????

Take all the trades I posted on the last page P319 for instance? I posted 7 trades and if you add up all the pips my pip counter is showing bottom right I have 155.9 pips showing. Now instead of posting those trades why didn't I just bank em??? What stops me from taking my hard earned profit?????

That my friend is the bottom line....

I know why it is, its because my mindset is not yet right, nothing else just my mindset. I've got to change the way I think when I'm in a trade. You see I'm always thinking theres more to come?? I'm always thinking just 5 more pips and I'll bank. I'm always thinking theres more on the table...

Yep Dave, that other dear old friend of mine "The Fear of Leaving something on the Table"

I think the problem is I've been indoctrinated from an early time in my trading life to trade the trend until it ends.. Hold through pullbacks , don't move your stops etc etc but I'm not trading that way and in fact I don't believe thats the way to go in Forex trading. Fine in shares or something with an intrinsic value because inflation will generally speaking increase value over time so its easy. Just buy and hold.. Piece of bloody cake..As long as your pockets are deep enough to survive the inevitable drawdown.

But Forex is different, you can't just buy and hold and expect it to just move one way...because it doesn't it waves up and down all day long...

But I digress the point is I have a very good trading strategy that I'm more than happy with , I just have to sort out my mindset, pure and simple.

And theres only one guy on this planet that can do that.....ME.

The butt stops here, the problem lies there in my mind, but fortunately for me so does the solution.....

So one year on and we're right back to where we started, right back to my very first post with my dear old Dad's poem...


Thinking


If you think you are beaten, you are

If you think you dare not, you dont

If you like to win, but think you cant

Its almost certain you wont.


If you think youll lose, youve lost

For out of this world we find

Success begins with a persons will

Its all in the state of mind.


If you think youre outclassed, you are

Youve got to think high to rise

Youve got to be sure of yourself before

You can ever win a prize.


The battles dont always go

To the stronger or faster man

But sooner or later the man who wins

Is the one who thinks he can.



I'm thinking Dave , trust me I'm still thinking....
Feel the Fear and do it anyway!!!
  • #6,383
  • Jun 6, 2015 2:47am Jun 6, 2015 2:47am
Quoting clivepackham
{quote} Hi Old Timer, where you been hiding???? No need for your "Dads Army" tin hat my old friend.... No ones going to kick your butt Dave, just because you speak your mind because theres never anything wrong with that.. I appreciate everyone's comments here as we are fortunate not to have too many trolls around this thread... Truth is I have cracked how to trade absolutely no doubt about that , my strategy is 100% sound, I know when to trade, just after LO and NYO I know which pairs to trade that are trending strongly, top 4 from TTindy I know...

Hi clive

I still dont know how to move to BE quickly and safely

"I know how to enter safely with small stops and get my risk off the table within 5 minutes"

if you can show more case how to BE quickly adn safely (I mean Sl will not to be hit)

thx a lot.
  • #6,384
  • Jun 6, 2015 3:33am Jun 6, 2015 3:33am
Quoting blueface
{quote} Hi clive I still dont know how to move to BE quickly and safely "I know how to enter safely with small stops and get my risk off the table within 5 minutes" if you can show more case how to BE quickly adn safely (I mean Sl will not to be hit) thx a lot.
Hi Blueface

I can't gaurantee your BE stops won't be hit as thats the whole point of going to BE quickly that if price comes back over your entry piont you want out as you were wrong. It might happen a lot but thats because you're not entering in the right place or more importantly on a strong trender. Thats what its suppose to do protect your money for you..

But I know what you mean how can we enter and get to BE quickly???

Very simply its about trading those strong trenders as they will move away form an oversold or bought place very quickly..

To answer your question how can we get to BE more effectively with out too many getting hit..

 

  1. Make sure you're trading right time of day when theres loads of money flying around so price is therefore moving quickly. First 3 hours after the LO NYO or TYO.
  2. Trade strong trenders only that are moving strongly then price will move swiftly your way and not come back too soon.
  3. Enter only when CCI is oversold in an uptrend (under -100 level) and overbought in a downtrend(over +100 level)
  4. Time the entry to perfection making sure you get in as soon as price moves back with the trend. Use my 2 pips above/below the signal candle, be careful though to not enter too soon before the signal candle. One thing I'm making sure of now is that the signal candle takes out the last candles high in an uptrend or low in a down trend. very important to see candle tops being taken out in uptrends and candle lows being taken out in uptrends.
  5. I usually let the price move clearly away from my entry before going to BE I usually allow one sort of retest of my entry but after that once it moves away just move to BE. After 3 candles just get to BE asap even if 1 pip up as a good entry will just go within 2 to 3 mins, have a look at the good CCI signals that work and you're see what I mean. they don't hang around for too long they just go. If yours are hanging around get out.
  6. Make sure theres plenty of room to get to BE before your trade hits the last high or low, you need at least 5 pips between you and point B so it gives you a chance to move to BE before it tests old high/low.
  7. Make sure you enter at key levels where you can expect support for your entry, eg 25 levels, S&R levels, which also allow you to get your stop behind those levels too.

Don't fret about getting knocked out at BE as we are trading 1 minute charts and another entry will be along in a few minutes so just go with the flow 9 times out of 10 it will come back and pick you up if its a winning entry, If not then be glad you're out and still have your money intact.

Feel the Fear and do it anyway!!!
  • #6,385
  • Jun 6, 2015 4:25am Jun 6, 2015 4:25am
Quoting clivepackham
{quote} Hi Blueface I can't gaurantee your BE stops won't be hit as thats the whole point of going to BE quickly that if price comes back over your entry piont you want out as you were wrong. It might happen a lot but thats because you're not entering in the right place or more importantly on a strong trender. Thats what its suppose to do protect your money for you.. But I know what you mean how can we enter and get to BE quickly??? Very simply its about trading those strong trenders as they will move away form an oversold or bought place very quickly.....
Hi clive

thx again for your reply
very helpful to me.

Best regards
  • #6,386
  • Jun 6, 2015 6:41pm Jun 6, 2015 6:41pm
Quoting clivepackham
{quote} Hi Old Timer, where you been hiding???? No need for your "Dads Army" tin hat my old friend.... No ones going to kick your butt Dave, just because you speak your mind because theres never anything wrong with that.. I appreciate everyone's comments here as we are fortunate not to have too many trolls around this thread... Truth is I have cracked how to trade absolutely no doubt about that , my strategy is 100% sound, I know when to trade, just after LO and NYO I know which pairs to trade that are trending strongly, top 4 from TTindy I know...
Hi Clive
Thanks for taking my post in the spirit it was meant, must admit that I guessed the sort of reply you would send and you did not surprise me, I am going to take a very big risk now and tell you a true story.
You asked were I have been hiding , well guess what I have been and still being mentored by a guy that visited your thread, indeed he contacted you but you did not reply to him, all I am going to say is that he trades with some of your ideas and indicators but to be honest the guy is from another planet his mind is faster than any computer and is finger just as quick, I have seen and even traded with him and watched him take hundreds and hundreds of pips out of the market day after day week after week, we have talked about you and your thread and I asked him why he had contacted me, all he said was that he thought that I was capable of looking at your method though new eyes, what he showed me was just mind blowing, it was just so simple when you strip everything back, the guy showed me all this out of the kindness of his heart just because I was prepared to use new eyes when I look at a chart, listen, watch and be open to new ideas and advice, I am not going to say any more about him because he does not know as yet about this post
So that's the good news someone has taken your idea tweeked them a little and now can trade multi-pairs all at the same time taking 100s and 100s of pips with scalping and runners day after day week after week.
Now the bad news, the guy is a human machine indeed I truly believe he is one of a kind starting 6.00am every day till at least 6.00pm at night, he will not answer the phone the door he is that intense when he trades, he as even trained is dog to pull the chain when the dog needs the loo so he does not have to take him for a walk when he is trading haha that last bit was a joke(about the dog) Now your going to ask well how am I doing, well the answer is a am a lot better trader than I was BUT I cannot trade like my mentor my lifestyle, will not allow me to trade the 1min chart the way it needs to be traded to make serious money, by the way its not been all one way he as thanked me for the odd thing I have shown him.
Everything I have said is true and out of respect to him I will not mention his name and will not post anything he as taught me
The lesson I have learnt from your thread is that how ever good you think you are their is always someone better and if they offer help and advice listen to them, you have had some fantastic traders on your thread helping and prodding you but all you ever do is say ITS THE CLIVES WAY or no way, I will finish now with just this last thought you are nearly their with your method but you must look at it with fresh eyes you are missing something so simple, but if you do spot it trading I min charts fulltime requires a rather special set of skills and lifestyle that sadly does not match mine at this moment in time, some day maybe.
To any guys that reads this DO NOT PM ME or try to get in contact with me asking for any details I will not respond that goes if you want to fire a few bullets my way too.
  • #6,387
  • Edited 9:53pm Jun 6, 2015 6:53pm | Edited 9:53pm
Quoting OAPDave
{quote} Hi Clive Thanks for taking my post in the spirit it was meant, must admit that I guessed the sort of reply you would send and you did not surprise me, I am going to take a very big risk now and tell you a true story. You asked were I have been hiding , well guess what I have been and still being mentored by a guy that visited your thread, indeed he contacted you but you did not reply to him, all I am going to say is that he trades with some of your ideas and indicators but to be honest the guy is from another planet his mind is faster than...
Thank you for taking time to share.
jason

edit: I've only been studying/practicing trading about 1yr. One of the things I've appreciated about the trading community (threads like this) is that it's a type of "open source community". What I mean is, someone like Bill Williams (or others) present a solid idea and then others can contribute in creative ways and build on the core idea. It's very refreshing to see many people here contributing ideas about ABCD movements, simple pullbacks, etc. Ideas about how to see it numerically and visually through developing and using indi's. People like Godsclown participate and sacrifice their time and expertise for the benefit of the community. People who have been successful trading for years contribute principles/rules for SL/TP or money management, etc. Aren't we created to work together, challenge each other to growth, and mutually benefit from our efforts? It seems we are and I like this about the community. Anyway, thanks again.
  • #6,388
  • Jun 6, 2015 7:45pm Jun 6, 2015 7:45pm
Quoting clivepackham
{quote} Hi Old Timer, where you been hiding???? No need for your "Dads Army" tin hat my old friend.... No ones going to kick your butt Dave, just because you speak your mind because theres never anything wrong with that.. I appreciate everyone's comments here as we are fortunate not to have too many trolls around this thread... Truth is I have cracked how to trade absolutely no doubt about that , my...
Hi Clive... I just want to say I'm a fan of this thread and I like your method. We trade in a similar fashion and I have let myself get in this trick bag as well. The answer for me came through an honest assessment of my goals. I trade for 1 percent of my account per day. Now that I have my entries and method down I have about a 90 percent success rate. I risk one percent per trade. As you can see I have a mathmatical edge that leaves fear out of the equation. I know that if I can increase my account by one percent per day/trade I will reach my personal goals. You have this edge as well as far as I can see, you just have to commit to taking your goal out of the market, being content, and looking for a new day. When you have reached your equity goal close your trades or close a portion of your trade, move to be and turn off your monitor or look to another trade.I can get 1 percent on 10 pips...or 100 pips depends on where I need to place my so which dictates my lot size. I don't feel a loss when I close my plus 1% trade and the price moves another 50 pips in my direction...I hit my goal. I'm done.
  • #6,389
  • Jun 6, 2015 9:59pm Jun 6, 2015 9:59pm
Quoting devontrader
im saying you should use divergence as a tool,,extra comfirmation i believe in clives method diff type of charts but look at the eurjpy daily speaks for itself {image}
devontrader, rob booker has a divergence indi available for free on his websites. The indi will allow you to change the settings for RSI, MACD, Stoch, Momentum. I have played around with the indi and find that it is useful in some ways, but might be much more useful. Frankly, I'm not sure the best way to use it on a timeframe less than 30min. Anyway, here it is:

Attached File(s)
File Type: ex4 Knoxville Divergence v2.1.ex4   25 KB | 309 downloads


Attached File(s)
File Type: ex4 Knoxville Divergence v3.4.ex4   25 KB | 409 downloads
  • #6,390
  • Jun 6, 2015 11:43pm Jun 6, 2015 11:43pm
just looking back at some CCI 8 signals on 5min TF

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY 1.png Size: 81 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY 2.png Size: 70 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 1.png Size: 64 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY 1a.png Size: 87 KB
  • #6,391
  • Jun 7, 2015 3:13am Jun 7, 2015 3:13am
Morning Clive
Just a quick follow up to my last rather strong reply to you, this as just arrived in my e-mail box its not from MY MENTOR he tried and failed to get any feed back when he posted his charts, well except from me, but many years ago I joined this service, so still have free tasters every weekend trying to get me to re join, but now I know it all hahaha I am to tight to pay, I still look without fail at them just looking for anything that keeps me on my toes, have a look it just might help and their just happens to be a clue in there that might lay you demons of bigger timeframes and their uses in getting your 1 min entries

Inserted Video


I am not a member, its a paid for service I make no recommendations good or bad but I get free clips every weekend so I just look with a open mind and take anything good on board.
  • #6,392
  • Jun 7, 2015 8:52am Jun 7, 2015 8:52am
Quoting clivepackham
{quote} OK I'm not sure if I can help as not my field of expertise but I had the same problem and this is what I did to put it right under GodsClowns instructions... You have to use the 3 indicators attached below and you have to create a folder in your indicators folder called "TTindy" then put these 3 indicators in that folder. Shut down and reopen your platform then see how it works.. Heres how you set the indicator folders up.. {image} Let me know if that helps or not, but thats all I can offer I'm afraid, GodsClown is the expert.. {file} {file}...
test
  • #6,393
  • Jun 7, 2015 1:09pm Jun 7, 2015 1:09pm
Quoting MidnightRun
{quote} test
See you got it working ok in the end then???

Welcome aboard...
Feel the Fear and do it anyway!!!
  • #6,394
  • Jun 7, 2015 1:52pm Jun 7, 2015 1:52pm
Quoting clivepackham
{quote} See you got it working ok in the end then??? Welcome aboard...
Looks like everything is OK now, Thanks.
  • #6,395
  • Jun 8, 2015 2:53am Jun 8, 2015 2:53am
Another week starts and another day begins....

Attached Image (click to enlarge)
Click to Enlarge Name: Todays news.PNG Size: 26 KB


News wise we had a positive news for EUR and the EUR is looking strong acros trhe board so we might see some EUR moves this morning, however its G7 meetings all day and thats bound to throw a couple of spikes into the day, don't trade with no stops always have my emergency 20 pip stop just in case...

Attached Image


So its EUR at the moment thats got my attention...
Feel the Fear and do it anyway!!!
  • #6,396
  • Jun 8, 2015 3:01am Jun 8, 2015 3:01am
Quoting bapakjason
{quote} devontrader, rob booker has a divergence indi available for free on his websites. The indi will allow you to change the settings for RSI, MACD, Stoch, Momentum. I have played around with the indi and find that it is useful in some ways, but might be much more useful. Frankly, I'm not sure the best way to use it on a timeframe less than 30min. Anyway, here it is: {file} {file}
thanks buddy will check it out.got catching up to do.always been a lover of hurst so will be looking into it with this method
  • #6,397
  • Jun 8, 2015 3:23am Jun 8, 2015 3:23am
Is their more than 1 way of trading with the CCI ??????

http://www.investopedia.com/articles/forex/08/cci.asp
  • #6,398
  • Jun 8, 2015 4:11am Jun 8, 2015 4:11am
Ok guys
My Pair, OOPs its not a strong trender gbp/usd today broke Pivot broke Clive setting on CCI in the manner of lower lows dropped to M2 was there at least a easy 10pips just think if it was a strong trender
  • #6,399
  • Jun 8, 2015 4:33am Jun 8, 2015 4:33am
Got a few things of my chest in the last few days, they were just my views, I will leave you now ( some will say good) going back into my shell, wish you all well and happy pipin
  • #6,400
  • Jun 8, 2015 4:55am Jun 8, 2015 4:55am
Quoting OAPDave
Ok guys My Pair, OOPs its not a strong trender gbp/usd today broke Pivot broke Clive setting on CCI in the manner of lower lows dropped to M2 was there at least a easy 10pips just think if it was a strong trender
Hi dave

GBPUSD may not be "the top trender" but its certainly tradingstrongly and perfect for my system of trading which by the way Dave is buying oversold CCI signals and selling overbought ones as per the GBPUSD chart you refferred to below...


Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm1.png Size: 66 KB



I would never do what those guys are suggesting on your last post they are selling oversold markets and buying overbought markets just about as dangerous as it gets in my book but then thats what makes a market. Someone is willing to buy when someone else wants to sell. But Just think for a moment what the term "overbought" is implying?? It means theres been a lot of buying going on and now theres a lot of traders sitting there holding good positions, with twitchy fingers who at the first sign of trouble are going to bank their profits causing a major reversal.

Different traders with different points of view...

Remember for every winner there has to be a loser, the idea is to run with the winners eg the Big Boys...

In my humble opinion Dave we should never sell oversold markets and never buy overbought markets as thats fraught with danger, but thats just my opinion Dave. Who am I to convince you otherwise...

Plus of course I need someone the other side of my trades ....
Feel the Fear and do it anyway!!!
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