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  • #9,281
  • Nov 5, 2015 4:06am Nov 5, 2015 4:06am
Quoting Kobiet
Well done GF My effort tonight (not nearly as good): {image} {image} {image} {image}
To EURUSD:
Pay attention to the LO it can make a reversal from FO, also the first candle of the LO is strong bullish so this could be an sign of a reversal

TO CADCHF:
Price action not too god, it's more or less ranging

EURUSD:
Same boat as me

GBPJP:
Nice signal, I missed it could have been easily +10 pips
  • #9,282
  • Nov 5, 2015 4:50am Nov 5, 2015 4:50am
Quoting GodFire
{quote} To EURUSD: Pay attention to the LO it can make a reversal from FO, also the first candle of the LO is strong bullish so this could be an sign of a reversal TO CADCHF: Price action not too god, it's more or less ranging EURUSD: Same boat as me GBPJP: Nice signal, I missed it could have been easily +10 pips
​

Yeah, the first EURUSD was definitely a rush of blood; with daylight savings I'm now able to just about get in front of the charts on London open and when I saw the setup I just pulled the trigger.
The CADCHF was #5 on the TT-indy; should've just left it alone
  • #9,283
  • Nov 5, 2015 7:05am Nov 5, 2015 7:05am
Quoting GodFire
{quote} To EURUSD: Pay attention to the LO it can make a reversal from FO, also the first candle of the LO is strong bullish so this could be an sign of a reversal
Good point! I think Clive has mentioned this before also. And today I made the mistake of thinking the push up would come back down for me 5pips! Needless to say, -10pips for me. Funny thing is I told myself earlier in the week to NOT think FO shows anything about LO direction. I hope I've learned my lesson this time.
  • #9,284
  • Nov 5, 2015 7:11am Nov 5, 2015 7:11am
Quoting Kobiet
Well done GF My effort tonight (not nearly as good): {image} {image} {image} {image}
I did the same thing at LO. Got in even later than you, thinking it would come back from 1.0855 to 1.0850.
  • #9,285
  • Nov 5, 2015 7:43am Nov 5, 2015 7:43am
Quoting Kobiet
Well done GF My effort tonight (not nearly as good): {image} {image} {image} {image}
Quoting bapakjason
{quote} Good point! I think Clive has mentioned this before also. And today I made the mistake of thinking the push up would come back down for me 5pips! Needless to say, -10pips for me. Funny thing is I told myself earlier in the week to NOT think FO shows anything about LO direction. I hope I've learned my lesson this time.

In addition, why it wasn't a good trade:

- It was already the 5th CCI signal
- The LWMA 35 was green
==> no trade!
  • #9,286
  • Nov 5, 2015 7:53am Nov 5, 2015 7:53am
Quoting GodFire
{quote} {quote} In addition, why it wasn't a good trade: - It was already the 5th CCI signal - The LWMA 35 was green ==> no trade!
Thanks! Lots of reasons to stay out of that one!!
  • #9,287
  • Edited 9:37am Nov 5, 2015 8:56am | Edited 9:37am
Quoting GodFire
{quote} {quote} In addition, why it wasn't a good trade: - It was already the 5th CCI signal - The LWMA 35 was green ==> no trade!
Actually, it was well above the 100lwma when I got in (even worse than a green 35LWMA). I had a bad case of "I know it's gonna drop".
Here's the little monster. File this one under "never repeat".

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Here, I caught one just between the 35LWMA and 100LWMA, CCI 14 overbought while momentum is bearish.

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  • #9,288
  • Edited 8:09am Nov 6, 2015 2:26am | Edited 8:09am
new day. trade #1 (and the only trade for today. time for the weekend.)
1) above MA's 2) CCI14 oversold 3) RSI 30TF above 70, RSI 60TF crossing above the 50

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  • #9,289
  • Nov 6, 2015 3:27am Nov 6, 2015 3:27am
Quoting bapakjason
new day. trade #1 1) above MA's 2) CCI14 oversold 3) RSI 30TF above 70, RSI 60TF crossing above the 50 {image}
Bapakjason, sorry to bother you again.
Could you please tell me what RSI Period and Price do you have in your MTF RSI?
I'm also using TF 30 and 60, but my graph is a 'little' bit different from yours.

Thank you.
  • #9,290
  • Nov 6, 2015 5:15am Nov 6, 2015 5:15am
Quoting floydiano7
{quote} Bapakjason, sorry to bother you again. Could you please tell me what RSI Period and Price do you have in your MTF RSI? I'm also using TF 30 and 60, but my graph is a 'little' bit different from yours. Thank you.
RSI 2. Please see this post: http://www.forexfactory.com/showthre...23#post8450523
Hope this helps. -Jason
  • #9,291
  • Nov 6, 2015 11:32am Nov 6, 2015 11:32am
Hi guys,
as I am a working man I observe the weekly charts looking for entries with rather tight stops (30-100 pips) in 15 min, 1 h and daily TF. Profit targets are several hundred pips - depends on PA and supp+res ......
This system works on all timeframes!
Thanks again clive for this amazing thread.
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Have a nice day
  • #9,292
  • Nov 9, 2015 3:39am Nov 9, 2015 3:39am
First trade was a big slip - 10; Couldn't get a pending order in. Just can't enter on market orders with the GBPNZD​
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  • #9,293
  • Nov 9, 2015 3:41am Nov 9, 2015 3:41am
Quoting GodFire
{quote} {quote} In addition, why it wasn't a good trade: - It was already the 5th CCI signal - The LWMA 35 was green ==> no trade!
​

Couldn't agree more
  • #9,294
  • Nov 9, 2015 3:43am Nov 9, 2015 3:43am
Quoting bapakjason
{quote} I did the same thing at LO. Got in even later than you, thinking it would come back from 1.0855 to 1.0850.
I guess that's how we learn our lessons, Jason.
I'm definitely more cautious now on LO
  • #9,295
  • Edited 8:14am Nov 9, 2015 6:09am | Edited 8:14am
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  • #9,296
  • Nov 9, 2015 6:32pm Nov 9, 2015 6:32pm
Quoting bapakjason
{image} {image}
Nailed it again.
  • #9,297
  • Nov 10, 2015 10:23am Nov 10, 2015 10:23am
Quoting Kobiet
{quote} Nailed it again.
yes, and I should have walked away with that last post. i lost most of my gains and quit yesterday with 1.70% or so. started late today and mostly had counter trend trades on the 5min TF. here is one where i felt eurusd was reversing back towards the DO . . . not really any good abcd trades to show today. and, the pip-o-meter indi will default to 0 after midnight here . . . ended up with 34 today.

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  • #9,298
  • Nov 10, 2015 2:40pm Nov 10, 2015 2:40pm
Hello Clive & Devon (also everyone else),

Got a new lease on life, but it looks like I need to do some reading and catch up on what's going on...
a couple of trades from last night
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That's 73.9 + 42.4 = 116.3 PIPS in my big Pockets ...
Clive & Devon are some amazing people ... thanks for all the guidance..

MTPockets
  • #9,299
  • Nov 10, 2015 2:54pm Nov 10, 2015 2:54pm
Quoting MTPockets
Hello Clive & Devon (also everyone else), Got a new lease on life, but it looks like I need to do some reading and catch up on what's going on... a couple of trades from last night {image} That's 73.9 + 42.4 = 116.3 PIPS in my big Pockets ... Clive & Devon are some amazing people ... thanks for all the guidance.. MTPockets
You're going to have to change your name at this rate MT :-) nice work.
  • #9,300
  • Nov 10, 2015 2:56pm Nov 10, 2015 2:56pm
Quoting Paulnz57
{quote} You're going to have to change your name at this rate MT :-) nice work.
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