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  • #6,781
  • Jun 29, 2015 2:32am Jun 29, 2015 2:32am
LOL


Only ended up with +1 after a 19 point move ... she wasn't as dirty as I thought she'd be
  • #6,782
  • Jun 29, 2015 2:48am Jun 29, 2015 2:48am
Ref post 6775

entry was near vertical yellow line

inner channel met outer channel ....both turned up

look at the long.move......

cn be done on any timeframe
  • #6,783
  • Jun 29, 2015 3:48am Jun 29, 2015 3:48am
Clive - if you're gonna persevere with this it would probably help for you to read Alorente thread in FF.
  • #6,784
  • Jun 29, 2015 4:02am Jun 29, 2015 4:02am
Quoting bapakjason
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.
I think I'll join you on the sidelines and memorize the sequence needed to be consistent.
  • #6,785
  • Jun 29, 2015 4:19am Jun 29, 2015 4:19am
Dear Traders, please can anyone advise me on my chart at the bottom I do not have the TrendCCI indicator, after I load the template. The indi is missed. and I can not find it on the list , maybe not the same name

Thanks all
" Accepting losses is the most important single investment devise "
  • #6,786
  • Jun 29, 2015 5:08am Jun 29, 2015 5:08am
first trade today. momentum after a CCI 8 signal:
trade ideas: 1) over 30 on TTindi 2) 1x8 on CSM giraia

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Attached Image
  • #6,787
  • Jun 29, 2015 5:30am Jun 29, 2015 5:30am
Quoting freedom48
Dear Traders, please can anyone advise me on my chart at the bottom I do not have the TrendCCI indicator, after I load the template. The indi is missed. and I can not find it on the list , maybe not the same name Thanks all
look for clive histogram cci page 148 post 5892
  • #6,788
  • Jun 29, 2015 6:55am Jun 29, 2015 6:55am
Quoting clivepackham
{quote} Thats very interesting that you've identified the repaint at around 5 to 10 minutes so basically the last 5 to 10 mins of info is unreliable?? But will it always repaint?? Or is it possible the TMA data won't always change if its correct?? The thing is I'm seeing these TMAs more as a map of where the 5 minute and 15 minute traders are at in their cycles so helpng me to identify the best places for me to trade the 1 minute rather than just follow the 1 min trend, especially if its heading straight into a 5 or worst 15 min TMA (extreme) where...
It will always repaint if there is a sudden change in direction or just an extreme move. Sort of corrects itself. I think you have a logical way of looking at iit in regards to the higher time frames. I use it to identify possible turning points of pullbacks from the trend. I build positions on the upper bands in a downtrend or the lower bands of an uptrend especially when support or resistance or a round number is in play. The key to success is confluence.
  • #6,789
  • Jun 29, 2015 7:13am Jun 29, 2015 7:13am
You can also scalp the countermoves from the trend when all of the bands clump together. Just be cognizant of round numbers and previous s & r.
  • #6,790
  • Jun 29, 2015 9:31am Jun 29, 2015 9:31am
eur/cad way over ADR but still moving up . . .

CCI 8 pullback, top trender, over 3 digit spread on CSM giraia

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  • #6,791
  • Jun 29, 2015 9:43am Jun 29, 2015 9:43am
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  • #6,792
  • Jun 29, 2015 10:38am Jun 29, 2015 10:38am
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POSTED LIVE
  • #6,793
  • Jun 29, 2015 12:07pm Jun 29, 2015 12:07pm
got +18
  • #6,794
  • Jun 29, 2015 12:46pm Jun 29, 2015 12:46pm
AUD/USD got +19....but I'm a long way from working off my DD I do feel I'm getting use to not focusing on the 1 min but the 5 & 15 instead.
This old mule is stubborn

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that +10 was before I closed the position
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seems it would have been a bad reversal scalp as it kept climbing
  • #6,795
  • Jun 29, 2015 2:07pm Jun 29, 2015 2:07pm
just a couple pics from hurst book to give you an idea and also the pdf of his book too

you must remember he did not have computers in his day,,,all mathmatics and hand drawn charts
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Attached File(s)
File Type: pdf J.M. Hurst - The Profit Magic of Stock Transaction Timing.pdf   7.0 MB | 3,274 downloads
  • #6,796
  • Jun 29, 2015 2:13pm Jun 29, 2015 2:13pm
just gone 8pm uk time and looking at EURUSD H1 Chart

bands on chart are 1hr 4hr and daily

see price top of h1 channel and h1 is up with top of h4

notonly will price cross to the bottom of its own h1 channel but the h1 channel will move to touch the bottom of h4 channel in time
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  • #6,797
  • Jun 29, 2015 2:16pm Jun 29, 2015 2:16pm
same chart again,,,,but on the m15 timeframe,,,
as you see the m15 is overbought,,,,,ive taken the short
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  • #6,798
  • Jun 29, 2015 2:19pm Jun 29, 2015 2:19pm
ok let me say b4 anything else,,,,i have taken this short straight from the 1hr chart,,yes high timeframe and drawdown .

anyway here is the m1 chart
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  • #6,799
  • Jun 29, 2015 2:31pm Jun 29, 2015 2:31pm
you can see price is in the m1 yeaalow channel heading down to the botom of the white m5 channel
the bigger yellow channel is the m15,,,these 3 channels are at the top and again as with the m15 chart picture posted couple pics up,,,the price is overbought on the h1 channel (Red)
if you played this h1 channel right as per hurst,,,,the price and lower TF channels would be in the same situation but red H1 would be pointing down,,,,,as it isican see it turning over so ive entered a little early


ok i have attached a little drawing

1 green ,,,perfect buys....WHY?
2 red which would you sell and why 1,,2 and 3?
3 and why would you potentially not buy the blue? (traders choice)

ANSWERS ON A POSTCARD TO CLIVE c/o SOMEWHERE IN UK lol
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  • #6,800
  • Jun 29, 2015 2:39pm Jun 29, 2015 2:39pm
here is the EURUSD H1 chart i entered short on

im risking 50 pips min why? because ive not followed hurst rules,,,the inner red channel H1 is still pointing up,,when i should have waiting for it to turn downwards first
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