Trading is as simple as ABCD | Page 438 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Gartley/bat/crab/butterfly/abcd/three Drives Pattern Indicator Help 50 replies

Abcd fibo retracement trading journal 109 replies

ABCD - My way 122 replies

ABCD Fibo 82 replies

abcd patterns 1 reply

Attachments: Trading is as simple as ABCD
Exit Attachments

Trading is as simple as ABCD

  • #8,741
  • Edited Sep 27, 2015 4:48am Sep 26, 2015 11:37am | Edited Sep 27, 2015 4:48am
Looks like a good strategy. I have been using a similar stragety based on ZigZag (thus also waves) but rather on 1H charts.
It worked very well for me till about 24th of August. The week before we had the Chinese Yaun devalued, minor flash crash on 24th, etc.
The markets were very volatile since then and only recently gradually recovered.

So I started losing money in this time and looked for something better in volatile markets and came across this thread.

How did this ABCD on 1M strategy work especially end of August and beginning of September in the volatile markets?
  • #8,742
  • Sep 26, 2015 12:50pm Sep 26, 2015 12:50pm
The more I think about trading the more I realise just what its all about. My system is as old as the hills , all I'm doing is trend trading the 1 minute charts, simple as that, for get everything else just trend trade the 1 minute charts in the direction of the 5 min 35lwma thats it!!!!

If you want to complicate it look for strong trending 5 min charts by the slope of the 35 lwma on the 5 minute .

Or just use a simple moving average crossover system..When the 35 crosses the 175 start looking for oversold CCI signals back with the trend, the cci signals are the pullbacks...

Look around market opens when the new money comes to the table and you have a winning system..

Attached Image (click to enlarge)
Click to Enlarge Name: trend trading the 1 minute charts.png Size: 117 KB


Thats its guys nothing more to it simple trend trading strong trending 1 minute charts , what more can I say...
Feel the Fear and do it anyway!!!
  • #8,743
  • Sep 26, 2015 1:30pm Sep 26, 2015 1:30pm
Quoting clivepackham
The more I think about trading the more I realise just what its all about. My system is as old as the hills , all I'm doing is trend trading the 1 minute charts, simple as that, for get everything else just trend trade the 1 minute charts in the direction of the 5 min 35lwma thats it!!!! If you want to complicate it look for strong trending 5 min charts by the slope of the 35 lwma on the 5 minute . Or just use a simple moving average crossover system..When the 35 crosses the 175 start looking for oversold CCI signals back with the trend, the cci...
I've been trading the last couple of weeks with a couple of guys who do exactly what I've shown you above one way or another and they are making 100's of pips per session and its not hard to workout how??

Just look at this chart from the post above and assume you trend traded it like the famous turtle traders of old, taking every CCI entry closing half at the turn of the 35lwma and holding the other half until the 175 (5 min 35lwma) turned over,....

Do you know how many pips you'd have made????

Attached Image (click to enlarge)
Click to Enlarge Name: trend trading the 1 minute charts.png Size: 117 KB


Try 830 pips yep thats it 830 pips from about 12 hours trading.....and thats just one chart these guys are trading 4 or even 8 at a time!!!!!

Work it out for yourselves then just have the belief to do it these 1 minute charts are laced with Gold!!!!!
Feel the Fear and do it anyway!!!
  • #8,744
  • Sep 26, 2015 4:17pm Sep 26, 2015 4:17pm
Hi clivepackham , life is simple if only we accept it , I like to thank you for your system. Have a great day ,CHEERS
  • #8,745
  • Sep 27, 2015 11:46am Sep 27, 2015 11:46am
Quoting clivepackham
{quote} I've been trading the last couple of weeks with a couple of guys who do exactly what I've shown you above one way or another and they are making 100's of pips per session and its not hard to workout how?? Just look at this chart from the post above and assume you trend traded it like the famous turtle traders of old, taking every CCI entry closing half at the turn of the 35lwma and holding the other half until the 175 (5 min 35lwma) turned over,.... Do you know how many pips you'd have made???? {image} Try 830 pips yep thats it 830 pips...
hi i saw your old strategy and now it is modified and simplified i will start to work on it when market will start , can you tell me do you use the strategy or the old one with lots of indicator and stuff ?
  • #8,746
  • Sep 28, 2015 4:18am Sep 28, 2015 4:18am
Attached Image (click to enlarge)
Click to Enlarge Name: Capture 1.PNG Size: 35 KB
  • #8,747
  • Sep 28, 2015 5:30am Sep 28, 2015 5:30am
Quoting clivepackham
{quote} I've been trading the last couple of weeks with a couple of guys who do exactly what I've shown you above one way or another and they are making 100's of pips per session and its not hard to workout how?? Just look at this chart from the post above and assume you trend traded it like the famous turtle traders of old, taking every CCI entry closing half at the turn of the 35lwma and holding the other half until the 175 (5 min 35lwma) turned over,.... Do you know how many pips you'd have made???? {image} Try 830 pips yep thats it 830 pips...
hi Clive

i see some of the trades you have entered did not have cci below -100.

have you played around with fixed stop losses and fixed targets as opposed to exiting when 35 lwma is turning over?

forgive me for saying this but the chart you attached seems to me cherry picked with nice uptrend. how do you handle ranging markets?
  • #8,748
  • Sep 28, 2015 10:33am Sep 28, 2015 10:33am
Here is a lunch trade for me. I missed it because I thought my one click trader was turned on, only to find out it wasn't....I need to figure that out now.

@tonny47: I don't know if Clive's chart was cherry picked or not, but this one was not. It was in the top 4 on the M5 TT and in the M1 TT. Entry was supposed to be around 11:10.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM1.png Size: 56 KB
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #8,749
  • Sep 28, 2015 11:49am Sep 28, 2015 11:49am
Quoting tonny47
{quote} hi Clive i see some of the trades you have entered did not have cci below -100. have you played around with fixed stop losses and fixed targets as opposed to exiting when 35 lwma is turning over? forgive me for saying this but the chart you attached seems to me cherry picked with nice uptrend. how do you handle ranging markets?
Hi Tonny47

All my entries on this chart were over -100 and coming back towards the zeroline but thats the signal we then wait for a candle back with trend , green in this case and thats our signal candle which must then be taken out by 2 pips. I think you're find I was marking the triggered signal candles after the CCI has gone oversold and coming back to trend....

How do we avoid rangy charts? I use the the top 4 trenders from the TTindy which means that the majority of the time they are moving pretty well, top 4 movers from 28. By using the 5 min and 1 minute TTindy top trenders you can usually find something trending quite nicely..

Lastly was it hand picked , yes and no, as GBPJPY was in top 4 of the TTindy at that time and I was trading it at the time...But yes I handpicked the best looking chart of the top 4 I guess. So giulty as charged..

Not all top trenders workout this well of course but the piont I was trying to make is that if you're a trend trader then try these 1 minute charts there are opportunities galore to make some pips...

Perfect looking trending charts appear everyday....
Feel the Fear and do it anyway!!!
  • #8,750
  • Sep 28, 2015 11:51am Sep 28, 2015 11:51am
Quoting capstone
Here is a lunch trade for me. I missed it because I thought my one click trader was turned on, only to find out it wasn't....I need to figure that out now. @tonny47: I don't know if Clive's chart was cherry picked or not, but this one was not. It was in the top 4 on the M5 TT and in the M1 TT. Entry was supposed to be around 11:10. {image}
Great looking chart and a nice move too, I guess we could say all our charts are cherry picked because they are on the TTindy top 4...

Why would you trade anything else....
Feel the Fear and do it anyway!!!
  • #8,751
  • Sep 28, 2015 12:02pm Sep 28, 2015 12:02pm
Quoting rajastar
{quote} hi i saw your old strategy and now it is modified and simplified i will start to work on it when market will start , can you tell me do you use the strategy or the old one with lots of indicator and stuff ?

I try to keep it as simple as I can , price can only go up or down so find a chart thats clearly trending one way then just look for a CCI oversold or bought signal and take it as per the rules.

So there 2 LWMAs the 35lwma from the 1 minute and the one from the 5 minute (5 x 35 = 175 on 1 min chart) when they agree trade in that direction...by buying wavre bottoms(-100CCI signals) in an uptrend and selling wave tops(+100 CCI signals) in a downtrend..

Thats about it...simple as ABCD....
Feel the Fear and do it anyway!!!
  • #8,752
  • Sep 28, 2015 2:42pm Sep 28, 2015 2:42pm
Quoting clivepackham
{quote} I try to keep it as simple as I can , price can only go up or down so find a chart thats clearly trending one way then just look for a CCI oversold or bought signal and take it as per the rules. So there 2 LWMAs the 35lwma from the 1 minute and the one from the 5 minute (5 x 35 = 175 on 1 min chart) when they agree trade in that direction...by buying wavre bottoms(-100CCI signals) in an uptrend and selling wave tops(+100 CCI signals) in a downtrend.. Thats about it...simple as ABCD....
i got problem in my mt4 the currency meter is not working that shows the currency pairs trending power any suggestions thanks
  • #8,753
  • Sep 29, 2015 4:47am Sep 29, 2015 4:47am
Quoting rajastar
{quote} i got problem in my mt4 the currency meter is not working that shows the currency pairs trending power any suggestions thanks
I put all files and other staff on this page. Supposed be work out of box.
Attached File(s)
File Type: zip aaa.zip   286 KB | 527 downloads
  • #8,754
  • Sep 29, 2015 5:13am Sep 29, 2015 5:13am
My trades at lunch time.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM5.png Size: 79 KB

Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM5.png Size: 80 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 94 KB


Edit: Saved 36 pips
  • #8,755
  • Sep 29, 2015 5:22am Sep 29, 2015 5:22am
Hi Clive,
thanks for your nice thread. But I´ve got a question about your CCI signals (please don't laugh but I just don't understand it ). Could you explain to me what a valid CCI entry signal is? Are they combined with the candle color?
Thanks for your help.
TimeRider
  • #8,756
  • Edited 6:36am Sep 29, 2015 6:05am | Edited 6:36am
Hello Clive,
I have recently discovered this thread. Thanks for sharing your ideas.
I have been trying to set up a chart to see how it looks live. I have loaded the 2 lwma's, 35 and 175. I have also added the slope alert, along with the 'Clive's histogram CCI' (Have changed the top setting to 8, as per the charts you have posted)
I have loaded the '#top28trenders all brokers vA1.4(1)' indicator, but it is just showing zero against the pairs it shows.
Would you mind letting me know which version of the top trenders indicator you use please, and what settings you have input? (I have put this onto the same 1m chart as all the other indis - is that correct?)
Thanks,
John
  • #8,757
  • Sep 29, 2015 6:07am Sep 29, 2015 6:07am
Quoting TimeRider
Hi Clive, thanks for your nice thread. But Ive got a question about your CCI signals (please don't laugh but I just don't understand it ). Could you explain to me what a valid CCI entry signal is? Are they combined with the candle color? Thanks for your help. TimeRider
You find answer from Page 418 , post 8,353
  • #8,758
  • Sep 29, 2015 6:32am Sep 29, 2015 6:32am
Quoting JRob
Hello Clive, I have recently discovered this thread. Thanks for sharing your ideas. I have been trying to set up a chart to see how it looks live. I have loaded the 2 lwma's, 35 and 175. I have also added the slope alert, along with the 'Clive's histogram CCI' (Haven't changed any settings). I have loaded the '#top28trenders all brokers vA1.4(1)' indicator, but it is just showing zero against the pairs it shows. Would you mind letting me know which version of the top trenders indicator you use please, and what settings you have input? (I have put...
Try this setting


Attached Image (click to enlarge)
Click to Enlarge Name: Trend.jpg Size: 170 KB
  • #8,759
  • Sep 29, 2015 6:40am Sep 29, 2015 6:40am
Thanks x58!!
Quoting x58
{quote} You find answer from Page 418 , post 8,353
  • #8,760
  • Sep 29, 2015 6:47am Sep 29, 2015 6:47am
Thank you Subrina FX,
I've changed the settings, but I'm still getting zeros (eg under the top 8 5m column 35 lwma, it shows EURUSD/0 etc, and the same with the other pairs.
I've got it on the 1m chart.
I'll have to have another play around with it.
John
39 traders viewing now