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Trading is as simple as ABCD

  • #6,881
  • Jun 30, 2015 4:05pm Jun 30, 2015 4:05pm
is this broker manipulation or what?

price takes a lovely move down short and suddenly profit not showing

why?

spread suddenly massively increased from 3 pips to stupid amount
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  • #6,882
  • Jun 30, 2015 4:07pm Jun 30, 2015 4:07pm
few mins later
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  • #6,883
  • Jun 30, 2015 4:08pm Jun 30, 2015 4:08pm
Quoting OAPDave
{quote} Jason you and a lot of guys on here are very skilled with all this internet stuff, fancy indicators and all this high tech stuff, me I am just a simple guy that struggles to type and spell, so all I can say, I like to trade in the simplest possible way to make a few bob, and I must say if I had to trade these TMA things id offer my body to science now, but hey good luck with it.
if you want help dave then let us help you
small steps but if you make the effort,,,with our guidance we will get you there

trust me,,,,it will all be worth while
  • #6,884
  • Jun 30, 2015 4:11pm Jun 30, 2015 4:11pm
nice here it goes,,,sliding like a rat down a drain pipe
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  • #6,885
  • Jun 30, 2015 4:17pm Jun 30, 2015 4:17pm
GBPCAD Short

my 2nd trade im trying,,,this a counter trend on higher timeframe 15min in a h1 channel

i was up 18 pipsso tightened my stop to lower my risk then the robbers decided to try stop hunting by enlarging the spread

robbing gits,,,didnt get me tho,,,put stop back
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  • #6,886
  • Jun 30, 2015 4:47pm Jun 30, 2015 4:47pm
Quoting devontrader
{quote} im curious,,,what indicator you using for divergence and abcd?
just price action, but you can see divergences in clives histogram
  • #6,887
  • Jun 30, 2015 4:47pm Jun 30, 2015 4:47pm
CLIVE and Guys

just looking now at 10.45pm uk time

NZDCAD is looking interesting and think is worth a look at franky or london open
  • #6,888
  • Jun 30, 2015 4:48pm Jun 30, 2015 4:48pm
Quoting XxLessoxX
{quote} just price action, but you can see divergences in clives histogram
i use rsi and sto for divergence


never seen them on clives cci can you post a pic?
  • #6,889
  • Jun 30, 2015 4:49pm Jun 30, 2015 4:49pm
Quoting devontrader
is this broker manipulation or what? price takes a lovely move down short and suddenly profit not showing why? spread suddenly massively increased from 3 pips to stupid amount
Quoting devontrader
i was up 18 pipsso tightened my stop to lower my risk then the robbers decided to try stop hunting by enlarging the spread robbing gits,,,didnt get me tho,,,put stop back
Hello devontrader,

I apologize if I'm speaking out of turn, but I wanted to make a comment about your broker concerns. I'm not making comment to criticize, but simply because I think it can be very detrimental to the psychology of trading to believe such things.

I see that you are trading 8 lots, so would I be right in thinking that you are trading demo?

If so, I would ask: why would a broker bother to stop hunt or spread widen a demo account for zero gain to themselves? To take it a step further, it would actually be in a nefarious broker's best interests to do the exact opposite; entice you to trade live on the basis of your demo success and then hit you with dirty tricks.

May I humbly suggest that spread widening is being caused by some alternative event, and "stop hunting" is being caused by natural market action. if I'm not overstepping too many boundaries, I'd like to further add: if you have any doubt about the veracity of your broker I wholeheartedly recommend you change brokers ASAP and confidently remove such thoughts from your trading process.

That's all I got
  • #6,890
  • Jun 30, 2015 4:50pm Jun 30, 2015 4:50pm
Quoting devontrader
{quote} i use rsi and sto for divergence never seen them on clives cci can you post a pic?
The CCI offers divergences day in and day out. Great confirmation on entries which I have shown many examples of in the past when the trading was as simple as ABCD .
Today's zone = Tomorrow's opportunity!
  • #6,891
  • Jun 30, 2015 4:51pm Jun 30, 2015 4:51pm
Quoting devontrader
is this broker manipulation or what? price takes a lovely move down short and suddenly profit not showing why? spread suddenly massively increased from 3 pips to stupid amount {image}
most of us stay away from trading this time of day...lower liquidity=high spread
  • #6,892
  • Jun 30, 2015 4:52pm Jun 30, 2015 4:52pm
Quoting honestknave
{quote} {quote} Hello devontrader, I apologize if I'm speaking out of turn, but I wanted to make a comment about your broker concerns. I'm not making comment to criticize, but simply because I think it can be very detrimental to the psychology of trading to believe such things. I see that you are trading 8 lots, so would I be right in thinking that you are trading demo? If so, I would ask: why would a broker bother to stop hunt or spread widen a demo account for zero gain to themselves? To take it a step further, it would actually be in a nefarious...
thanks,,,no yournot over stepping and speaking out of turn

all feed back welcomed
please contribute to the thread .......
  • #6,893
  • Jun 30, 2015 4:57pm Jun 30, 2015 4:57pm
Quoting devontrader
{quote} i use rsi and sto for divergence never seen them on clives cci can you post a pic?
Attached Image (click to enlarge)
Click to Enlarge Name: div on cci.png Size: 15 KB
  • #6,894
  • Jun 30, 2015 5:13pm Jun 30, 2015 5:13pm
Well done guys. Can someone pls post or direct me to a list of all the current indicators and if possible a template that you guys are using for this system presently
Thanks
Add value everyday in Pips
  • #6,895
  • Jun 30, 2015 5:19pm Jun 30, 2015 5:19pm
Quoting Pip-Stud
Well done guys. Can someone pls post or direct me to a list of all the current indicators and if possible a template that you guys are using for this system presently Thanks
find posts by clive packham click his name to goto his profile ...then click files to see all files he has posted.
  • #6,896
  • Jun 30, 2015 5:32pm Jun 30, 2015 5:32pm
Quoting harry23
way too many squiggly lines makes you dizzy and is distractive..... {quote}
That is not a template I use. Only to show a non repainting TMA to help eventually the people from this thread out ...
But I do like many indicators and I have no problem with that. After all, everyone has his own trading style.
  • #6,897
  • Jun 30, 2015 5:39pm Jun 30, 2015 5:39pm
Here is another picture, not with TMA, but with projection bands.
One m1 projection band, another yellow one is M5 and the magenta is M15.
Made by Mladen, one of the best coders, so it is good stuff.
May be usefull ...
Attached Image (click to enlarge)
Click to Enlarge Name: projection bands.png Size: 89 KB
Attached File(s)
File Type: ex4 Projection bands mtf 2.ex4   14 KB | 328 downloads
File Type: mq4 Projection bands mtf 2.mq4   4 KB | 349 downloads
  • #6,898
  • Jun 30, 2015 5:55pm Jun 30, 2015 5:55pm
Quoting Wulong
Here is another picture, not with TMA, but with projection bands. One m1 projection band, another yellow one is M5 and the magenta is M15. Made by Mladen, one of the best coders, so it is good stuff. May be usefull ... {image} {file} {file}
do those repaint?
  • #6,899
  • Jun 30, 2015 7:44pm Jun 30, 2015 7:44pm
Quoting XxLessoxX
{quote} here is the issue with slopes and their direction.....they repaint and are largely unreliable. in the first chart I posted you see the position of the 15 min channel its slightly up or flat. notice too where the 5 min is...{image} {image} compare them both to the second chart 45 mins later, you will see how far back they repaint. this is very much necessary for the calculation of where the channel is currently on the chart. im not saying you're wrong, im just saying you will miss many many good entries with your criteria. let the trend be...

I would agree with this. Tried using TMA bands a few years back but couldn't handle the repainting issues. I'll stick to the HMA system and try to incorporate the new currency strength dashboard.
  • #6,900
  • Jul 1, 2015 1:28am Jul 1, 2015 1:28am
I would normally be buying these as a nice uptrend but they are both heading straight into the 5 and 15 min TMAs outer bands so can we expect a reversal here???

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Still finding myself confused as there always seems to be a reason not to trade nowadays when in my old days if something was moving up strongly like these two I would just wait for a pullback and hit it....But then quite often it would goto BE at 3 pips and then wham come straight back at me so I'm hoping once I get my head aroound these TMAs it will help...

Gonna watch these two and see what happens at their 5 and 15 min TMAs..
Feel the Fear and do it anyway!!!
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