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Trading is as simple as ABCD

  • #9,181
  • Oct 28, 2015 3:35am Oct 28, 2015 3:35am
I think everybody is just missing a bit action. It is normal because the trades/results come way too late. Best would be to have
a Skype group chat setup and everyone could text in real time once a trade taken or closed. No charts anymore with self painted
arrows and "i would have short here and bought there"...

Just a thought, anyway most of you sit all day in front of the computer
  • #9,182
  • Oct 28, 2015 4:42am Oct 28, 2015 4:42am
Quoting OAPDave
Fair comment guys, I have followed this thread from day one supporting Clive all the way, but after around 450 pages of a fairly simple concept with all that Clive as given, cannot understand why more guys are not coming onto the thread daily showing winning trades and thanking Clive for showing them the way, Clive as given his blood sweet and tears to this thread, but still some guys want more, just not sure what more the guy can give. With this in mind I tried to add a little something else that if worked with Clive's method would always let you...
Hey guys don't want to be responsible for folks not sharing with each other, was just explaining why, in my personal situation, the addition of Murrey Math might not be in my best interest at this point. You guys have hearts of gold to be bothering to share in the first place, given your comment Dave just wanted you to understand why some of us might not be wanting to indulge because our issues/solutions lie elsewhere. its no odds to me if you carry on sharing other stuff here, I know what I am looking for and its no problem being selective, whether Clive has any issue I have no idea and ultimately this is his 'house' unless he has delegated moderation to others.

Given that Clive hasn't commented here last few days, my only concern would be that he perceives his thread has evolved into something else and he loses the will to continue commenting on the core system - that would be a blow. cheers...Paul

@ DT - thanks for the post about a simple application of MM, I shall certainly look into that when I get my other issues sorted - thanks :-)
  • #9,183
  • Oct 28, 2015 4:52am Oct 28, 2015 4:52am
Quoting Paulnz57
{quote} Hey guys don't want to be responsible for folks not sharing with each other, was just explaining why, in my personal situation, the addition of Murrey Math might not be in my best interest at this point. You guys have hearts of gold to be bothering to share in the first place, given your comment Dave just wanted you to understand why some of us might not be wanting to indulge because our issues/solutions lie elsewhere. its no odds to me if you carry on sharing other stuff here, I know what I am looking for and its no problem being selective,...
all good.Its given as an option for u to try if u wish
  • #9,184
  • Oct 28, 2015 5:04am Oct 28, 2015 5:04am
Ok time to share....
3 trades today all BE
One trade went to +10 but then my greed kicked in and I drag the TP to +20
I think the market yesterday and today was very anti-trending and not easy to trade.... These enteries on a normal market day would hit TP without hesitation and would be pip machines
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Anyway BE > SL
  • #9,185
  • Oct 28, 2015 5:46am Oct 28, 2015 5:46am
Quoting GodFire
Ok time to share.... 3 trades today all BE One trade went to +10 but then my greed kicked in and I drag the TP to +20 I think the market yesterday and today was very anti-trending and not easy to trade.... These enteries on a normal market day would hit TP without hesitation and would be pip machines {image}{image}{image} Anyway BE > SL
Thanks Godfire, helps to know when a method is having an abnormal performance period to give us lesser experienced souls a perspective on our execution and to stick to the plan - appreciate the insight..Paul
  • #9,186
  • Oct 28, 2015 5:57am Oct 28, 2015 5:57am
Quoting GodFire
Ok time to share.... 3 trades today all BE One trade went to +10 but then my greed kicked in and I drag the TP to +20 I think the market yesterday and today was very anti-trending and not easy to trade.... These enteries on a normal market day would hit TP without hesitation and would be pip machines {image}{image}{image} Anyway BE > SL
Same with me. In gbpaud sell at 2.1450 and we have paused at a w pivot. In the absence of LO doing anything hoping this will have some legs. Could just be waiting for US interest rates later Of course hindsight that its one of those days to grab smaller trades would have helped. It happens though no worries.
  • #9,187
  • Oct 28, 2015 6:32am Oct 28, 2015 6:32am
OK ok ok I accept defeat. Nice clean AB move 2.1500 to 2.1450. Nice angle and separation on ma's (35 and 100). At the time it looked like EA and GN had topped out supporting a move lower. Clean LH's abc's at low straight forward entry. Prob calling it a day now we'll see what US session brings so out for +22.

I look for agreement amongst pairs and perhaps at entry it wasn't the best and certainly on exit there wasn't which is why I was happy to grab something.
Attached Image (click to enlarge)
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  • #9,188
  • Oct 28, 2015 6:36am Oct 28, 2015 6:36am
Quoting Vantage
OK ok ok I accept defeat. Nice clean AB move 2.1500 to 2.1450. Nice angle and separation on ma's (35 and 100). At the time it looked like EA and GN had topped out supporting a move lower. Clean LH's abc's at low straight forward entry. Prob calling it a day now we'll see what US session brings so out for +22. I look for agreement amongst pairs and perhaps at entry it wasn't the best and certainly on exit there wasn't which is why I was happy to grab something. {image}
Someone asked earlier what Clive looks for to get into a trade. My 2c.
  • #9,189
  • Oct 28, 2015 8:23am Oct 28, 2015 8:23am
here's my 2 trades for the day. 1)price above 100LWMA 2)CCI 14 over sold below -100 (note: 1st trade same as posted before, but showing now with template more inline with ABCD thread. If I post, I will use this template with 1min TF showing. -Jason

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  • #9,190
  • Oct 28, 2015 10:51am Oct 28, 2015 10:51am
I need the indicators please, in mq4.
  • #9,191
  • Oct 28, 2015 11:10am Oct 28, 2015 11:10am
Quoting Vantage
OK ok ok I accept defeat. Nice clean AB move 2.1500 to 2.1450. Nice angle and separation on ma's (35 and 100). At the time it looked like EA and GN had topped out supporting a move lower. Clean LH's abc's at low straight forward entry. Prob calling it a day now we'll see what US session brings so out for +22. I look for agreement amongst pairs and perhaps at entry it wasn't the best and certainly on exit there wasn't which is why I was happy to grab something. {image}
enter on confirm of 35 then if 175 is agree same direction stay in trade till opposite on 175
  • #9,192
  • Oct 28, 2015 11:11am Oct 28, 2015 11:11am
Quoting NotMe
I need the indicators please, in mq4.
indicators and templates have been posyed.....seek and thy shall find
  • #9,193
  • Oct 28, 2015 11:26am Oct 28, 2015 11:26am
Quoting bapakjason
here's my 2 trades for the day. 1)price above 100LWMA 2)CCI 14 over sold below -100 (note: 1st trade same as posted before, but showing now with template more inline with ABCD thread. If I post, I will use this template with 1min TF showing. -Jason {image}
Hi Jason

Nice to see you're still around hows the trading going?? Looks like its going well to me. are you making 20 pips per day at 5% per 20??? 25% per week 100% per month for just 20 pips per day??? Start with £250 and you're a Millionaire by the end of the year..

Nice chart and has anyone noticed how well price reacts at the 100lwma??? just take the CCI signals whenever a strong trender like this is close to the 100lwma. The reason this works so well is the 100 on the 1 minute is a 20 on the 5 minute and those 5 minute boys love a 20 ma signal for entry thats for sure... can't see from this chart but I wander if those real flyers off of the 100lwma are on the close of a 5 minute candle or maybe a 15 minute candle..???

Remember we're trying to follow those 5 minute strong trenders so its the 5 minute boys making it all work....

We use to love those break and retest of the old 100lwma didn't we in days gone by....The good old days when we spoke of price just going up or down and not around and around.....

Been watching from afar a bit lately and we seem to be going off track a bit from our simple simple system up or down...

Just find yourselves a strong trending chart then trade in that direction using ABCD for entry when it all sets up until it turns over again..Try to get in as close to the start of the new move as you can....

Now look at that chart that my friend Jason is trading, is it trending up strongly or not??? Isn't there an opportunity to enter whenever it goes oversold on the CCI??? do you need anything else to trade it?? buy the dips in an uptrend sell the peaks in a downtrend..Price moves in waves buy the bottom of waves in an uptrend sell the tops in a downtrend..

The CCI will identify these tops and bottoms for you just look for them at key levels, 25 levels, S&R , moving averages, pivot points, yesterdays highs, lows and close...dare I say it, even Murray Math levels if it rocks your boat... There are so many CCI signals in a day just be choosy, you only need 20 pips per day to become a millionaire...so pick the best ones...

Go back over todays charts and look for the best CCI signals when price shoots away, then try to identify those same signals the next day, I promise you they will be there as they occur all day every day..

Heres a clue to the very best ones, they occur just after a reversal of your 35lwma, break and retests of the 35lwma work all day...
its so simple its ridiculous, stop looking for something complicated just look for ABCD's in strong trends in the right place....

Do not over complicate a very simple system...

Its As simple as ABCD.....
Feel the Fear and do it anyway!!!
  • #9,194
  • Oct 28, 2015 11:37am Oct 28, 2015 11:37am
Quoting Vantage
{quote} Someone asked earlier what Clive looks for to get into a trade. My 2c.
Hi Mr V...

another old friend coming back to the fold..Nice to see you sir..

And just look how his trade echos everything I've just said above about Jasons trades.Lets have a look at Mr V's trade..

Strong trend price below both strong sloping MAs

MAs seperating..

First CCI signal after a colour change on MA , nice and early in the move..

CCI signals at 50 level 2.1450..

Previous support level...

So no surprise this CCI signal goes beautifully...

Yes Mr V. thats exactly what we;re after...

EDIT: Oh and by the way he's got his 20 pips for the day so well on his way to his million dollars, but trading like this, not his first million I'll wager...
Feel the Fear and do it anyway!!!
  • #9,195
  • Oct 28, 2015 12:03pm Oct 28, 2015 12:03pm
Clive

Nice to see you back. Hope all is well. Miss your very informative charts. Even your last post about getting into a trade after the ma's cross or color change reminded me to do this (I was getting in way after a big move and suffered). Just these little tid bits are like gold.

Peter
  • #9,196
  • Oct 28, 2015 12:33pm Oct 28, 2015 12:33pm
Hello everybody,
Does anybody trading with DMM in Australia? My MT4 platform is unable to go online (no connection) for about 7 hours now, the tech support in the live chat tells me that their servers are up and running, and that it is just a small number of traders who are experiencing connection problems (nice, isn't?). Same thing happened yesterday, though for just about an hour. Does any of you guys experience the same problem?

Thanks
  • #9,197
  • Oct 28, 2015 1:18pm Oct 28, 2015 1:18pm
Quoting petera
Clive Nice to see you back. Hope all is well. Miss your very informative charts. Even your last post about getting into a trade after the ma's cross or color change reminded me to do this (I was getting in way after a big move and suffered). Just these little tid bits are like gold. Peter
You're welcome, I think a lot of guys are getting in too late to the moves and thats when you're get problems hence my only take the first 2 CCI signals in the move guide... The problem stems I think from using the top trender on a 5 minute setting because then guys start trading the 1 minute downtrend at the end of the 35lwma move,

Better to wait for it to pullback against the trend then start looking for signals as the 35lwma starts turning back with the 5 minute trend.

The 35lwma moving down is the impulse move of the 5 min strong trender so start looking for first two CCI s after that, heres what I'm talking about on todays top trender GBPCAD....

Attached Image (click to enlarge)
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Remember in a strong trending 5 minute chart the 1 minute will trend up for the 5 min pullback up to the 175(5min 35lwma) so wait for it to turn back down then look for the first two CCI signals only, after that they are too unreliable and won't go as far as the earlier ones either..

Trending up is when the 35lwma is green so wait for it to turn red back with the 5 minute strong trender and away you go...I've marked the three turn downs with yellow arrows and the following 2 CCI signals with yellow dotted lines..

Be careful if when you've opened up the chart if the 35lwma has moved a fair way already and the first two CCI signals have gone...any CCI signals taken after the first two should be taken with caution. However having said that you can see that some still work after the first two but if you decide to take them make sure they qualify with a good AB move that takes out the last drive down, any failed drives down is the first sign the trend is in trouble so leave any CCI signals after a failed drive alone...

Always be aware of where you are in the move...

Hope that helps....

Sorry to the guy who doesn't want hand drawn arrows but how else can i illustrate what we're looking for, but I will say this was a top trender nearly all day so not hand picked by me but the TTindy...
Feel the Fear and do it anyway!!!
  • #9,198
  • Oct 28, 2015 2:17pm Oct 28, 2015 2:17pm
clivepackham - could you answer one question please?

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  • #9,199
  • Oct 28, 2015 2:20pm Oct 28, 2015 2:20pm
Clive

Great explanation. Damn, you make it look easy.

Peter
  • #9,200
  • Oct 28, 2015 2:24pm Oct 28, 2015 2:24pm
Quoting clivepackham
{quote} You're welcome, I think a lot of guys are getting in too late to the moves and thats when you're get problems hence my only take the first 2 CCI signals in the move guide... The problem stems I think from using the top trender on a 5 minute setting because then guys start trading the 1 minute downtrend at the end of the 35lwma move, Better to wait for it to pullback against the trend then start looking for signals as the 35lwma starts turning back with the 5 minute trend. The 35lwma moving down is the impulse move of the 5 min strong trender...
Clive,
Do I see it right that you enter positions (your chart screenshot) when CCI croses the zero line down and bars become red, not before? (I think in some earlier posts you said you are watching the CCI, it goes above 100 and you enter on the next bar which is shorter than the one which went above 100.)
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