Feel the Fear and do it anyway!!!
Trading is as simple as ABCD
- #6,762
- Jun 29, 2015 12:07am Jun 29, 2015 12:07am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Definately some JPY reaction but also selling entries if you're a seller but too dangerous to sell into these 5 min and 15 min TMA,s great knowing where we are isn't it??
Feel the Fear and do it anyway!!!
- #6,763
- Jun 29, 2015 12:11am Jun 29, 2015 12:11am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #6,764
- Jun 29, 2015 12:13am Jun 29, 2015 12:13am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #6,765
- Jun 29, 2015 12:16am Jun 29, 2015 12:16am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #6,766
- Jun 29, 2015 12:19am Jun 29, 2015 12:19am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
missed this touch of lower band on gbpjpy need eyes in the back of your head here...
Bodes well for my eurjpy trade..
Bodes well for my eurjpy trade..
Feel the Fear and do it anyway!!!
- #6,767
- Jun 29, 2015 12:22am Jun 29, 2015 12:22am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Feel the Fear and do it anyway!!!
- #6,769
- Jun 29, 2015 12:28am Jun 29, 2015 12:28am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Got touched in on EURJPY and lost 17 pips but just realised the 5 min and 15 min channels are down so these are not the right setups they should be trending up for me to buy the lower bands,...
There you go got it completely wrong as this is not a buy setup, sorry takes a bit of getting use to, also I would normally of been selling that following TTindy settings so some adjustments to mindset needed...
There you go got it completely wrong as this is not a buy setup, sorry takes a bit of getting use to, also I would normally of been selling that following TTindy settings so some adjustments to mindset needed...
Feel the Fear and do it anyway!!!
- #6,770
- Jun 29, 2015 12:32am Jun 29, 2015 12:32am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Just looking back at my poosts and its obvious that was a sell setup and not a buy setup . All my charts are RED too so how the hell did I think it was a buy setup????
I was committing the cardinal sin of buying a wave bottom, doesn't get much sillier does it???
Just goes to show you have to watch that higher timeframe channel got myself tied up in the 1 min as usual....
Early days and of course completely the wrong time of day but apart from that perfect...
I was committing the cardinal sin of buying a wave bottom, doesn't get much sillier does it???
Just goes to show you have to watch that higher timeframe channel got myself tied up in the 1 min as usual....
Early days and of course completely the wrong time of day but apart from that perfect...
Feel the Fear and do it anyway!!!
- #6,771
- Jun 29, 2015 12:40am Jun 29, 2015 12:40am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Couldn't get it more wrong if I tried could I???? How was I looking to buy these charts, absolutely stark raving MAD!!!!
Feel the Fear and do it anyway!!!
- #6,772
- Jun 29, 2015 12:51am Jun 29, 2015 12:51am
Comparisons of Clives original method and the current method.
Sorry Clive I'm not very good at posting pictures , but I just wanted to show the improvement you new indis made.
Friday I placed trades on all Eur crosses and a couple USD currencies according to Clives original 2 Trend CCI charts
Comparing the new with the old you'll notice a lot clearer picture of what was going to happen. PA on the 1 min was way outside the upper bound of the 5 min channel and also the 15 min channel. So the story it's telling is that it will retrace to get in alignment with the other 2 channels (rubber band effect).
And Brother did it ever snap back !!!!!!!!!!!!!!
Sorry Clive I'm not very good at posting pictures , but I just wanted to show the improvement you new indis made.
Friday I placed trades on all Eur crosses and a couple USD currencies according to Clives original 2 Trend CCI charts
Comparing the new with the old you'll notice a lot clearer picture of what was going to happen. PA on the 1 min was way outside the upper bound of the 5 min channel and also the 15 min channel. So the story it's telling is that it will retrace to get in alignment with the other 2 channels (rubber band effect).
And Brother did it ever snap back !!!!!!!!!!!!!!
- #6,773
- Jun 29, 2015 12:59am Jun 29, 2015 12:59am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Comparisons of Clives original method and the current method. Sorry Clive I'm not very good at posting pictures , but I just wanted to show the improvement you new indis made. {image} Friday I placed trades on all Eur crosses and a couple USD currencies according to Clives original 2 Trend CCI charts {image} Comparing the new with the old you'll notice a lot clearer picture of what was going to happen. PA on the 1 min was way outside the upper bound of the 5 min channel and also the 15 min channel. So the story it's telling is that it will retrace...
The reason I got the first attempt wrong is I'm still trading the 1 min as the boss and I've got to trade it in the direction of the 5 and 15 min channels and keep an eye on exactly where it is in those channels. Thats the key, where is the 1 minute channel trading in the higher timeframe channels.
Its like a road map...
If the 5min and 15 min channels are down then look for the 1 min TMA middle band to turn red and take the touches of the upper bands...
Now what could be simpler than that??????
Feel the Fear and do it anyway!!!
- #6,774
- Jun 29, 2015 1:49am Jun 29, 2015 1:49am
- | Joined Apr 2014 | Status: Trader | 1,900 Posts
i'm gonna watch from the sideline a bit as Greece situation obviously has price moving in an abnormal manner. price is jumping 15-20pips like a red news situation. 
- #6,775
- Jun 29, 2015 2:02am Jun 29, 2015 2:02am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
i'm gonna watch from the sideline a bit as Greece situation obviously has price moving in an abnormal manner. price is jumping 15-20pips like a red news situation.
Yes quite agree and trying to trade with a slight variation this morning is tough but we know Frankie is very difficult anyway so let it pass... Like you I've been sitting on the sidelines just watching and its looking like the Gap on EUR might be closing up..
I took a EURJPY trade earlier that lost but looks like I just took the wrong move up next one flew...
Interesting times for sure...
Feel the Fear and do it anyway!!!
- #6,780
- Jun 29, 2015 2:31am Jun 29, 2015 2:31am
- Joined Nov 2010 | Status: Trader | 4,484 Posts
Got to get this setup in my head still struggling to change my thought processes from just trading the 1 minute whenever its strong..
The new setup has some simple rules to stick to and as long as I do that I'll be fine, some will win and some will lose but hopefully the winners will be a lot bigger than the losers. Thats the biggest reason for this latest amendment , trade with the direction of the higher timeframe channels and enter off their extremities for bigger winners so lets get the rules down pure and simple and just take them as they come.. 
Just got to stick to the rules and see what comes of it, thats the tricky part sticking to bloody rules, but its the only way...
Win or lose stick to the rules...
The new setup has some simple rules to stick to and as long as I do that I'll be fine, some will win and some will lose but hopefully the winners will be a lot bigger than the losers. Thats the biggest reason for this latest amendment , trade with the direction of the higher timeframe channels and enter off their extremities for bigger winners so lets get the rules down pure and simple and just take them as they come..
- Trade in same direction as 15 and 5 min channels.
- When 1 min turns in same direction enter on first couple of lower/higher band touches.
- Exit half when hits 1 min opposite band hold other half until 15 min opposite band hit.
- Best setups when 1 min turns coincides with 5 and 15 min outer bands.
Pure and simple but won't always win but hopefully a big enough edge to win out at the end of the day.
heres a couple of charts that stick by the rules....
Just got to stick to the rules and see what comes of it, thats the tricky part sticking to bloody rules, but its the only way...
Win or lose stick to the rules...
Feel the Fear and do it anyway!!!