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Trading is as simple as ABCD

  • #9,261
  • Nov 3, 2015 12:05pm Nov 3, 2015 12:05pm
Quoting clivepackham
{quote} .. Have a look at last Friday with the attached template and you're see trade after trade but there will be losers just the nature of the beast but stick to strong trenders and they should be few and far between... I've attached my latest templates one as the master with the TTindy and which will work with the template called default so opening your charts automatically for you and one called CCI candles template which is the same as nthe defaults template. All you have to do once you've downloaded the templates is open just...
Sorry but I don`t get you.....
I downloaded a fresh chart (EURUSD) and dropped "CCI Candles template with TTindy (top4)". It looks like this....please see screen but doesn`t automatically the top 4 trending charts....
Do I miss something? Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: cci candles top4.png Size: 51 KB
Have a nice day
  • #9,262
  • Nov 3, 2015 12:26pm Nov 3, 2015 12:26pm
Another question, please.....
Attached Image (click to enlarge)
Click to Enlarge Name: indi infos.png Size: 63 KB
Have a nice day
  • #9,263
  • Nov 3, 2015 1:29pm Nov 3, 2015 1:29pm
Quoting doerpn
Another question, please..... {image}
Believe it or not, but youŽll find it in THIS thread.
  • #9,264
  • Nov 3, 2015 2:39pm Nov 3, 2015 2:39pm
Quoting SeaTheStars
{quote} Believe it or not, but youll find it in THIS thread.
You don't say!
Have a nice day
  • #9,265
  • Nov 4, 2015 2:15am Nov 4, 2015 2:15am
a bit unorthodox but . . .
a double entry on 2 CCI pullbacks over the 100 level while in a down trend with 60min RSI below 30
(waiting till after red news now)

Attached Image (click to enlarge)
Click to Enlarge Name: abcd ex16.png Size: 68 KB
  • #9,266
  • Nov 4, 2015 3:09am Nov 4, 2015 3:09am
Last night just one trade (we had a few storms):
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD 3 Nov 15.PNG Size: 28 KB


First one for tonight (will wait till after red news):
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZD 4 Nov 15.PNG Size: 33 KB
  • #9,267
  • Nov 4, 2015 3:47am Nov 4, 2015 3:47am
Quoting bapakjason
a bit unorthodox but . . . a double entry on 2 CCI pullbacks over the 100 level while in a down trend with 60min RSI below 30 (waiting till after red news now) {image}
Hi Jason!

What stop loss are you using? I see that your first position had a little drawdown but was more than -5 pips. Your profit target is +5 as I see. So you
have a negative risk/reward. How you manage that? You work with -10 sl?

If it goes against, do you also close manual or you just let it hit sl?
  • #9,268
  • Nov 4, 2015 6:29am Nov 4, 2015 6:29am
Quoting MarkFX77
{quote} Hi Jason! What stop loss are you using? I see that your first position had a little drawdown but was more than -5 pips. Your profit target is +5 as I see. So you have a negative risk/reward. How you manage that? You work with -10 sl? If it goes against, do you also close manual or you just let it hit sl?
SL 10pips/TP 5pips (never would have tried it had I not come across Simple as Possible 00 Level thread where a number of great traders were making it work). It's possible I may close before 10pips if I don't like the price action I see.
I know what people say, but it works for me. Psychologically I like collecting win after win of 5pips. You will need a high win rate for this. My strategy just had about 12 wins (TP or trailing stop) to 1 loss. So, no worries. Also, I'm ONLY trading eurusd. I would not use this SL/TP for a pair like gbpnzd !
Like Clive says 1) find momentum (trend) 2) catch the first or 2nd pullback.
  • #9,269
  • Nov 4, 2015 8:00am Nov 4, 2015 8:00am
Had this one up to 8 pips. should have let it go a bit more with room to wiggle.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM1.png Size: 54 KB
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #9,270
  • Nov 4, 2015 8:07am Nov 4, 2015 8:07am
Quoting capstone
Had this one up to 8 pips. should have let it go a bit more with room to wiggle. {image}
That's a good one.
I'm calling it quits with this last little 5pipper. I did some "cheat" trades during the range. So, I won't show them. But this last one was "system legit".

Attached Image (click to enlarge)
Click to Enlarge Name: abcd ex17.png Size: 65 KB
  • #9,271
  • Nov 4, 2015 8:09am Nov 4, 2015 8:09am
Quoting bapakjason
{quote} That's a good one. I'm calling it quits with this last little 5pipper. I did some "cheat" trades during the range. So, I won't show them. But this last one was "system legit". {image}
Nobody can argue with your 5 pip method when you are consistently showing profits from 25 to 45 pips per day! Well done!
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #9,272
  • Nov 4, 2015 10:11am Nov 4, 2015 10:11am
Bapakjason,
could you please attach your CCI indicator, or please can you tell what "line" is inside the indy?

Thank you in advanced.
  • #9,273
  • Nov 4, 2015 11:38am Nov 4, 2015 11:38am
Quoting bapakjason
{quote} That's a good one. I'm calling it quits with this last little 5pipper. I did some "cheat" trades during the range. So, I won't show them. But this last one was "system legit". {image}
Hi Jason,

thanks for the info. I like the EURUSD, doesn't run like mad and doesn't spike around like GBPNZD and GBPAUD. I was trading it
today and made +65 pips, most pips on the nice downrun in the US session. Reason I also like the EU is that I trade with 1-5 lots
and its awesome with the tight spreads and "Trader friendly" priceaction.
  • #9,274
  • Nov 4, 2015 12:14pm Nov 4, 2015 12:14pm
One more small one.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM1.png Size: 54 KB
Lord, Liar, Lunatic. Those are only 3 options to Christ's diety claim.
  • #9,275
  • Nov 4, 2015 4:05pm Nov 4, 2015 4:05pm
Hi all, fwiw - if any others like me live far from the time zone at the bottom of your charts and get frustrated not being able to reference charts in your own time, I came across this great little solution
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 56 KB
. The time bar comes as an indi - it cost me $16 USD, here's the link http://www.mt4timeaxis.com/. There are different options for how its displayed - see the videos on the link. After initial purchase it takes an email back and forth to get set-up so allow a day or two to get it running, but easily done. Cheers...Paul.

Correction, cost $12 USD and of course applies to MT4 charts. :-)
  • #9,276
  • Nov 4, 2015 4:15pm Nov 4, 2015 4:15pm
Determinig the trend strength on M1 charts can be done with this indi.

Regards :-)
Attached File(s)
File Type: ex4 MASlopeHull.ex4   24 KB | 250 downloads
  • #9,277
  • Nov 4, 2015 6:32pm Nov 4, 2015 6:32pm
Quoting floydiano7
Bapakjason, could you please attach your CCI indicator, or please can you tell what "line" is inside the indy? Thank you in advanced.
"Line" = scMTF RSI, if you search that here at forex factory, you will find the indi. Nothing special just looking at a higher time frame RSI on smaller time.
I use it for seeing momentum, but people on this thread have used many other ways (TTindi, maSlope, cci set higher, etc).
This MTF RSI has the standard mt4 cci placed on top of it. Good luck!
  • #9,278
  • Nov 4, 2015 6:41pm Nov 4, 2015 6:41pm
Quoting MarkFX77
{quote} Hi Jason, thanks for the info. I like the EURUSD, doesn't run like mad and doesn't spike around like GBPNZD and GBPAUD. I was trading it today and made +65 pips, most pips on the nice downrun in the US session. Reason I also like the EU is that I trade with 1-5 lots and its awesome with the tight spreads and "Trader friendly" priceaction.
Awesome. I found focusing on one pair really helped me to stay more focused on the exact condition/set up that I was looking for. For my strategy, I need the tight spread. Like you say, it usually doesn't 'spike around'. I was losing most of the time trying to trade pairs that I did not really "know", but as they say "many roads lead to Rome". I know some people trade every pair they can and do well.
  • #9,279
  • Nov 5, 2015 3:24am Nov 5, 2015 3:24am
So my two best trades of the day

EURUSD:

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 39 KB


EUR strengh across the board and the LWMA just changed the colour, lovely CCI signal and bounce off the H1 Res and Daily open, nothing in the way until the Pivot line

SL -10 TP +30-> TP hit

DAX:

Attached Image (click to enlarge)
Click to Enlarge Name: DE30M1.png Size: 39 KB


recentely changed colour and also a very nice CCI signal and some Resistance in the area of the entery

SL -10 points TP 30 points


Most of the time I set my TP to 10 pip or max 20 pips but if I see such a beauty like EURUSD then my TP will be bigger
  • #9,280
  • Nov 5, 2015 3:59am Nov 5, 2015 3:59am
Well done GF

My effort tonight (not nearly as good):
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 5 Nov 15.PNG Size: 27 KB

Attached Image (click to enlarge)
Click to Enlarge Name: CADCHF 5 Nov 15.PNG Size: 32 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 5 Nov 15 (2).PNG Size: 31 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy 5 Nov 15.PNG Size: 31 KB
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