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Trading is as simple as ABCD

  • #8,981
  • Oct 20, 2015 3:55am Oct 20, 2015 3:55am
Quoting SellAaandUp
Hi ClivePackham/TwoBooks, it would be great if you could attach the two indicators or point me to them. I've been searching a lot through this thread but I just can't find them. Would love to try out this system! Thanks a lot! EDIT: Actually I've found at least the CCI ClivePackham attached to a post over a year ago. Since the strategy has been modified, is that still the most recent one?
Hi Sell!

This is my platform, 4 top pairs opened plus fifth where key indicatos is #Toptrendersallbrokers - it changes charts, it opens for me most trending pairs at this moment.

The second picture - you have my indices there.
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  • #8,982
  • Oct 20, 2015 3:57am Oct 20, 2015 3:57am
Quoting OAPDave
GodFire I think that you shown what FF is all about, good guys present ideas, you either run with the basic idea or mix & match elements that appeal to you, in the screenshots you have posted you have a good mix & match from different threads to arrive at a method that your happy to trade. Its got the job done, pips in the bank so Great Job keep it going TwoBooks good start to the day, Well Done, your on the way, me I have to go out this morning catch you around lunchtime
Have a nice day Dave...
  • #8,983
  • Oct 20, 2015 4:40am Oct 20, 2015 4:40am
Quoting TwoBooks
{quote} Hi Sell! This is my platform, 4 top pairs opened plus fifth where key indicatos is #Toptrendersallbrokers - it changes charts, it opens for me most trending pairs at this moment. The second picture - you have my indices there. {image} {image}
Hi TwoBooks, thanks A LOT for the quick reply, very much appreciated!

Regarding the green/red MA (35LWMA?) is it the one (MA in color) attached in this thread?
http://www.forexfactory.com/showthread.php?t=201247

It does color yellow, as well, though...

If it's a different one, would you be so kind to point me in the direction where I can find it?
Also, would there be any important settings changed from the default?

Again, thank you very much!
  • #8,984
  • Oct 20, 2015 5:06am Oct 20, 2015 5:06am
Quoting Vantage
Sold gbpnzd 2.2671 top of TT, eurnzd 2nd and nzd showing 4 of top 8 as strong. Had a quick move below 2650 so will move stop to BE soon. Very aware of size of move already this morning but this will either go lower or hit BE. Will post chart if it plays out. I see now that you guys are looking more at 2 ma cross then two signals that follow. Does that about sum it up?
I have three methods.

I take trades from the original Clive's system (TTIndi plus 4 charts to watch as above).
Second - Clive's entry (mean CCI decreasing) into a move (hopefully trend) I spotted using general Price Action analysis (I mean for example bounce for a long term support, end of a consolidation, etc)
Third - entry when one pair is weakest and the second is strongest across the market. GodFire is using I believe this type of entry - using as I see MadDash indicator to spot strong/weak currency.

Three ways to enter in a direction of a bigger trend.
  • #8,985
  • Oct 20, 2015 5:10am Oct 20, 2015 5:10am
Quoting SellAaandUp
{quote} Hi TwoBooks, thanks A LOT for the quick reply, very much appreciated! Regarding the green/red MA (35LWMA?) is it the one (MA in color) attached in this thread? http://www.forexfactory.com/showthread.php?t=201247 It does color yellow, as well, though... If it's a different one, would you be so kind to point me in the direction where I can find it? Also, would there be any important settings changed from the default? Again, thank you very much!
Here you have a list of all my indicators.

Ma-in color - yes it is this the one.

Slow lwma: period 175

Fast lwma: period 35.

CCI - period 8

Take carel
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  • #8,986
  • Oct 20, 2015 5:27am Oct 20, 2015 5:27am
Quoting TwoBooks
{quote} Here you have a list of all my indicators. Ma-in color - yes it is this the one. Slow lwma: period 175 Fast lwma: period 35. CCI - period 8 Take carel {image}
Thanks a lot, very kind of you!
Did get nice 15 pips just now buying EURUSD because of the signals described in Clive's post.
Will adapt the settings to the ones you mentioned!
  • #8,987
  • Oct 20, 2015 6:12am Oct 20, 2015 6:12am
Quoting TwoBooks
{quote} I have three methods. I take trades from the original Clive's system (TTIndi plus 4 charts to watch as above). Second - Clive's entry (mean CCI decreasing) into a move (hopefully trend) I spotted using general Price Action analysis (I mean for example bounce for a long term support, end of a consolidation, etc) Third - entry when one pair is weakest and the second is strongest across the market. GodFire is using I believe this type of entry - using as I see MadDash indicator to spot strong/weak currency. Three ways to enter in a direction...
TwoBooks I use the MADdash a TTindy replacement. I like it more but in the end I think it doesn't matter that much.

For the entery I only use the CCI, so when it's at +-100 and back to 0.
  • #8,988
  • Oct 20, 2015 6:20am Oct 20, 2015 6:20am
This is just my general view:
You don't need hundrets of entries! If you risk on a a trade 2% with a Sl of -10pips and a TP of +10pips you just need 2 good entries and make 4% a day!! And you are at BE if you win more than 50% of your trades... Doesn't sound too hard does it??

I think we are much better than 50% right of the time with this great method, that Clive shared and you don't have to sit all the time infront of your computer, just 2 hours during the LO and you are fine.

Again thank you Clive
  • #8,989
  • Oct 20, 2015 8:07am Oct 20, 2015 8:07am
Quoting GodFire
This is just my general view: You don't need hundrets of entries! If you risk on a a trade 2% with a Sl of -10pips and a TP of +10pips you just need 2 good entries and make 4% a day!! And you are at BE if you win more than 50% of your trades... Doesn't sound too hard does it?? I think we are much better than 50% right of the time with this great method, that Clive shared and you don't have to sit all the time infront of your computer, just 2 hours during the LO and you are fine. Again thank you Clive
Exactly right GodFire, you don't need hundreds of pips to make money trading forex.

You just need a reliable low risk entry system with good potential for return. Look at any 1 minute chart and you will see literally hundreds if not thousands of such opportunities everyday. Just look at any chart where the 35lwma is sloping one way or the other, preferably just after its turned back with the 5 min trend, look for the first oversold/bought CCI and you will have a great low risk entry with a highly probable high return..

doesn't work every time I'm afraid but enough to give us an edge..

Study the 1 minute charts and you will soon start to recognise these setups one after the other, look for the ones off of key levels like the 25 levels for instance or a pivot or past S&R , its not hard then just have the belief to hit the trades get to BE and see what you can squeeze out of each trade...

keep an eye on the TTindy to guide you to the strongest trending 5 minute pairs and when the 35lwma turns back with the 5 min trend you will see some strong moves..

Another way ids to just watch the 35lwma on its own and when it turns then try to catch the first couple of CCI signals with the trend. Have a look at this GBPNZD chart below as a good example...

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Look for the change of slope colour then take next two CCI signals and if in direction of the 5 min trend then even better...Note this is currently top trender on 5 min TTindy and 4th in the 1 minute TTindy...and still signaling as I type but for safety I would stick to the first two CCI signals only..

Very very simple system....as simple as ABCD.....

Quick note about the actual London Open, I tend to just watch the 1 minute TTindy to piont me towards the first pair out of the gate but after the open I start to watch the top 5 minute TTindy pairs looking for the 35lwma to turn back with the trend and do the same thing enter on first two pullbacks...

Good luck and God bless us all with green pips everyday...
Feel the Fear and do it anyway!!!
  • #8,990
  • Oct 20, 2015 8:24am Oct 20, 2015 8:24am
Just to show how cool this can be look at this top trender on the 5 min TTindy just keeps giving signal after signal, mind you I would tend to stick to the first two signals as after that they can become unreliable...

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couple of things to note about a top trender...

It won't keep going forever..all trends must end so keep an eye out for the signs, eg failed drives, price cuts back under the 35lwma, starts to lose market structure with no new HH's or LL's in a downtrend..

Take the earlier CCI signals if you can as the later ones can let you down...

If the 35lwma is in same direction as the 5 min then even better...

Just because its a top trender doesn't guarantee its gonna work. Its just a filter to give you an edge, you'll still need to apply some common sense before trading it...

You will get losers but they should only be 10 pips...


Sorry I haven't been around much but I'm still here and around to help but might not reply till the weekend...
Feel the Fear and do it anyway!!!
  • #8,991
  • Oct 20, 2015 1:56pm Oct 20, 2015 1:56pm
Been out most of the day but managed to grab this late in the day, banked 17.2
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  • #8,992
  • Oct 20, 2015 2:16pm Oct 20, 2015 2:16pm
Dave, when I enter a trade at market, it gets filled after the spread is added. Doesn't that push the entry price out of the 2-candle 1M window on most pairs?
  • #8,993
  • Oct 20, 2015 2:59pm Oct 20, 2015 2:59pm
Quoting mary4x
Dave, when I enter a trade at market, it gets filled after the spread is added. Doesn't that push the entry price out of the 2-candle 1M window on most pairs?
Please forgive me but I do not quite understand the question, I took the trade with the added view that we could be having a little more range expansion
  • #8,994
  • Oct 20, 2015 3:30pm Oct 20, 2015 3:30pm
With the added range expansion, that would probably work fine. If I enter a trade on the 1st or 2nd CCI candle, the spread is added to my order before the order is filled by the broker, so my entry is at the CCI signal candle plus the spread. Is there usually enough room in the 1M to cover the spread?
  • #8,995
  • Oct 20, 2015 3:32pm Oct 20, 2015 3:32pm
Quoting TwoBooks
{quote} Hi Sell! This is my platform, 4 top pairs opened plus fifth where key indicatos is #Toptrendersallbrokers - it changes charts, it opens for me most trending pairs at this moment. The second picture - you have my indices there. {image} {image}
Hi TwoBooks/Clive,
I am very interested in what you have said about the Toptrenders Ind. You have a different version to the one I have yours seems to be Top 28. I have top8 they look the same, but are you saying that it opens the top 4 charts automatically? If this is the case I am missing something! and it would be a dream come true if it can open charts, or am I just dreaming?
I am also missing Clive's strongest weakest ind. Would be delighted if you would give me the links to these indicators, I have all the rest of Clive’s indicators but I cannot find these two.
Your posts are very informative and I enjoy reading them. Keep up the good work. This is a great thread.
Galatians VI As you sow so shall you reap.
  • #8,996
  • Oct 20, 2015 3:50pm Oct 20, 2015 3:50pm
Quoting mary4x
With the added range expansion, that would probably work fine. If I enter a trade on the 1st or 2nd CCI candle, the spread is added to my order before the order is filled by the broker, so my entry is at the CCI signal candle plus the spread. Is there usually enough room in the 1M to cover the spread?
If you read Clive's post 8989 he mentions key levels, well when I took this trade moving avges in correct positions, also we had broken the daily open (22.00on my charts) looked likely to be making a new low for the day, poor range at that time so added it all together and thought it was worth a punt hoping that we would get a little more range expansion, I am not like the better traders of this method I am a little more selective with my trades, liking to search out a key level and the hope of daily range expansions with Clives 1 min giving the good to go signal also only look at a very few pairs
  • #8,997
  • Oct 20, 2015 3:57pm Oct 20, 2015 3:57pm
Quoting mary4x
With the added range expansion, that would probably work fine. If I enter a trade on the 1st or 2nd CCI candle, the spread is added to my order before the order is filled by the broker, so my entry is at the CCI signal candle plus the spread. Is there usually enough room in the 1M to cover the spread?
Here is how I mark the pitch out, it keeps me focused on whats happening during the day, easy way to spot key levels
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  • #8,998
  • Oct 20, 2015 4:32pm Oct 20, 2015 4:32pm
Nice clear chart Dave - I like it.
  • #8,999
  • Oct 20, 2015 4:38pm Oct 20, 2015 4:38pm
Quoting handy148
Nice clear chart Dave - I like it.
Yes. You put a lot more analysis into your trades than I would have ever thought of doing...or known how to do.
  • #9,000
  • Oct 20, 2015 4:43pm Oct 20, 2015 4:43pm
Quoting handy148
Nice clear chart Dave - I like it.
Thanks , learnt a few tricks from a wise trader guy I bumped into, do not bother to much with the Murrey stuff now sometimes there were a conflict between the MT4 and Marketscope setting, this way nice and simple no re-setting problems
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