Trading is as simple as ABCD

Clive got to reply to that, all I have shown you is that every day on every pair price moves in as you say waves, there are for want of better words Zones it could be say Pivot to R1 or R2 might even be Pivot to S1 or even S2 you have no belief that the range and a level can be hit when you enter your trade hence you never no when to hold or fold hence you never plan your trade.
Like you I do not believe everything I read but I must say those guys for good or bad are in the industry, run their own fund write articles and appear on CNBC and BLOOMBERG also run trading courses, you said once that's what you want to do ?
If you can spot an over sold or bought market you would be the first guy and you would be on the TV every day

I gotta be honest that would be my dream at the moment to spend my whole day trading, talking about trading or training trading, yep that would be great. Would be nice to be on telly too, perhaps me and you can host a trading chat show together????

Now that would be fun..

Ok I see now you were trying to help me by suggesting I look at targets eg zones for taking profits. makes sense and I do constantly look up and down timeframes to see where the support and resistance, supply and demand areas are, guess I just get it wrong sometimes and sound off here that you can't trust higher timeframes...

But its just that me sounding off, doesn't mean too much to be honest.. I'm constantly looking for the ideal entry and exit but of course it doesn't exist does it??? there is no perfect exit that will always get you out just right or an ideal entry that never goes against you so I guess its not about finding a solution in the charts is it?? The answer is actually inside me or my head.. Just gotta get the trading mindset right and I'll be fine.

I have to just accept that I'm not always going to exit in the perfect spot but will nearly always leave something on the table and I'm not always going to enter in the perfect place and goto BE in a minute. Basically I'm not gonna get it right every time and in fact I don't need to, just need to get it right 70% of the time and totally accept the other 30%...just need that edge..

Thats where I'm at I guess and the sooner I mentally accept it the better...

Just been reading "Trading in the Zone" by Mark Douglas and he regularly says when traders get it wrong they start looking at the market and start analyzing new ways and seeking the new strategies and answers on the charts, but of course its not there is it??

No the answer is in their mindset and thats where I'm at right now, more than happy with my trading method, in fact delighted with it, just have to accept its not always gonna work because we are looking at a totally random market place where price can go wherever it likes at a moments notice and there is no "Holy Grail" that never fails...

So I guess the reason I posted what I posted above was to say, I'm quite happy with my strategy and I'm convinced its got an edge, that if I trade it consistently well will eventually work out in my favour, what I don't want to be doing is switching around anymore looking for that "Holy Grail, never fail" system that we all know doesn't exist.. sure I review my strategy everday and tweak it but the basic system is the same.

Find a strong trend, identify the pullback (CCI OB or OS) against the trend then jump on board...

You see Dave price can only go up or down so all I gotta do is find a chart where I have absolutely no doubt which way its going then trade it..and if I'm wrong GTFO asap and if I'm right squeeze out as much as I can...

And the only thing thats stopping me doing that day in and day out is my mindset....

Once thats sorted you're see me on telly everyday....

All this posting and no trading, four lovely top trenders here....



Just making an early turn before the NYO...

a couple 5min TF and a 1min TF CCI 8 pullback in a trend. managed to come out on top today.
looking to be consistent . . .

Computer is so slow its almost impossible to trade .... very frustrating, everything takes a couple of minutes to react, hopeless...

Anyone else experienced this and what did you do to put it right???

Godsclown?? Is it possible that the TTindy is filling up a temporary register or something????

Has gone the same way on my work laptop when I open up the platform but about 10 times worst, in fact impossible to trade from...

i use only indicator that i need most , others I deleted or moved the indicator to other folder and restart MT4.

Hey fixed my slow platform problem so if anyone else is suffering with the same problem here is an awesome youtube video that fixes it for you.



Mines great again now and super fast, great job...

Very nice.

GodsClown, when i place this indi on the 5min chart, it seems to show me a CCI 8 momentum pullback greater than the 100 level and then it highlights the next probable 5 pip continuation in line with trend (which the indi unfortunately only defines as "above" or " below" the DO. Anyway, could you take a quick look and confirm this? if, so, any ideas from it?

Thanks if you have a moment for this-
Jason

Sorry, but neither do I understand that indi nor can I look into it 'cause of .ex4 only.
It can be nearly everything 'cause there are just green squares.

That was unsatisfying I got immense 2 pips
So I change stop strategy: At 10 pip in win, sell 50%.

Yeah, sorry, no access to source code. It works very similar to what several people have done here to create an arrow that points back into the trend when you are oversold/bought. Only designed for 5min TF. If i watch it, it will create a signal usually when the pullback exceeds 100 on CCI 8 on 5min TF. Then, when THAT 5min candle closes, it creates a green square for the next 5pips up if you are above the DO, and it creates a red square the next 5 pips down if you are below the DO. Anyway, no worries. Perhaps someone will find it interesting. If it was designed to work above and below any assigned MA, it would fit the strategy better. Appreciate your time.
Jason

Works better now^^


So stupid, every EUR-pair falls expact EURJPY
Edit: Finally

couple more pullbacks, 5min TF, like godsclown mentioned all eur pairs dropping . . .

And where did you trade?

Hi Jason.

Thanx for your response. I sent you a PM

I didn't, haha. But I wish I would have at 1.3975 and 1.3945. i am looking for when the momentum is going to bring the CCI back across the 0 line from the overbought/sold status.
actually didn't have the focus to trade today. making a trip tomorrow. my mind is on packing, etc. only had a few minutes to scan some charts today and i knew my focus was 100%. would have loved to have picked up a few pips from the 3 pullbacks i posted today, but i've quickly learned it takes more focus than i could lend today. the gbp/jpy would have been just a quick 10 pips from 190.25 - 190.15. for some reason i am feeling better looking at 5min TF CCI pullbacks, though I am clearly watching some of clive's 1min TF pullbacks take off without me. i am willing to let some go if i can find more consistency and so far the 5min TF CCI signals seem to be feeling better for me . . .