Trading is as simple as ABCD

post it here for all.....i think you find clive had fallen asleep at his pc lol its 0022am here now

Australia Tokyo session takes its time.
3 digits between currencies on giraia CSM:

Heres an interesting picture of my top 4 trenders at the moment, not trading but just looking as always. Have a look at these four charts and you're see ABCD's all over them, pushes up AB pulls back down BC new push back up CD.

The thing is these moves are untradable as very small movements but this is what we're looking for when price starts to move after LO etc.

What I'm trying to demonstrate is how price moves even when its miniscule movements like now before the markets get going. Top reading on TTindy is 24 so very weak trend and obviously not tradable. But my point is look at the market structure and try to trade it when it starts moving..

Basically what we are looking at on these 1 minute charts is the trail of the tick chart, plotted across our screens and we are just looking for a repeating pattern to trade..

In my opinion they don't come any better than the ABCD no matter what timeframe you trade, its simple and what the whole market is built on..



What is also very obvious is how the top trender USDCAD is providing the better moves, so goes without saying to trade strongest trending markets to give yourself an edge...The stronger the better...

Lets look at that strongest trender USDCAD a little closer and we can see how beautifully its moved with perfect market structure and ideal ABCD's ... Look how its crossed the HMA and started moving up with each little ABCD move. Look how the dips in the CCI identify the dips in price and the ideal entry to join the trend.

Now remember thats the tick chart movement being marked out for us on the 1 min chart so it has to be the money you're watching come to the table..



Well so endeth the first lesson today on how to trade price action and exactly what we're looking for every day...

This USDCAD chart really is showing us how its done this morning even though its very small movements. First 2 CCI signals after the reversal are the best too...



far too small to trade but a perfect example demonstrated live as we go rather than some classroom guru pulling up perfect historical charts that took him a week to find...and you're never see again as long as you live...

EUR floating to the top but I'm not trading frankies hour today its not reliable and very often reverses mid stream...



Charts look nice though if it had been any other time of day...

Zoom right out and top trender EURCAD is heading into trouble with weekly pivot and previous high so a Frankie reversal is highly likely I'd say...



Might even be the better trade....

typical first 30min of FO huh Clive? indecisive and "spiky" on the candles . . . Protect capital.

Similar situation on EURUSD with three previous reversals at this level , so don't think this EUR strength is going to last long...

Interesting range here on EURUSD could be trading that up and down all day or if it breaks it one way or the other could be a nice move form EURUSD...

I reckon its GBP today ...



My moneys on the GBP ....

wish i had been here Clive . . .

red news.

Morning. A nice news indie for you...(allow dll imports)

You can also allow vertical lines and make box narrow.

Yea me too.. Had to do the school run this morning and drop the Good lady at station for her train to London by the time I got back it was all done with...

never mind looks like its coming down now so will have a go at catching some of the down move....

Might get my 20 pips in one go....

Squeezed nearly 15 out of first push so lets see if I can get the rest here???

just have a looknat the 5 and 15min chart.....if there in same direction then dont panic about the pull backs on m1 ride it

Nope not quite was up 6 pips for about a millisecond then it was gone...

I hear what you're saying but have a look at them both here and tell me what you thinks about to happen on the 5 and 15 min charts???





All I can see is a supply or is it demand level at 1.94250 as my target other than that they don't help me much.???

So what would you do????

Don't worry about answering as its dropped out of my top four now so not worried one way or the other. As theres EUR weakness and AUD strength gonna give this top trender EURAUD a go see what we get???