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Attachments: 28pair Currency Strength double-GAP Momentum Strategy
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28pair Currency Strength double-GAP Momentum Strategy

  • #81
  • Jan 7, 2016 2:53am Jan 7, 2016 2:53am
Quoting Bernhard
This is one FOMC m1 setup from today EURUSD {image} 1 GAP USD 2 GAP EURO 3 market momentum upwards 4 USD hit 261 market Fibonacci retracement zone 5 EUR gets first hook and USD too 6 market momentum falls back now watch out to close trade and take profits 7 EUR hit 261 market Fibonacci retracement zone also! 8 EUR reacts on it and get a hook (USD was already back to 161 fibo market) latest time to close trade
Thank you Bernhard for this very good description. This morning I had a very good setup for AUDJPY, before London started.
  • #82
  • Jan 7, 2016 5:02am Jan 7, 2016 5:02am
Quoting 23ray
{quote} Thank you Bernhard for this very good description. This morning I had a very good setup for AUDJPY, before London started.
Well done. If you like posting screenshot.
I use lightshot http://app.prntscr.com/en/index.html
upload image
then open (not copy)
rightclick in picture copy url
FF post: attach files with upload from URL
copy the picture url in
done

This way I do with all presentations, very easy.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #83
  • Jan 7, 2016 5:19am Jan 7, 2016 5:19am
Hi, Bernhard,
which TF is the best to use with this indicator? thank you.
  • #84
  • Jan 7, 2016 5:41am Jan 7, 2016 5:41am
Quoting kevinfeng
Hi, Bernhard, which TF is the best to use with this indicator? thank you.
OK this is how I do it.
I use two mt4 installations. One is for market view with 3 charts on 3 TFs. m5 m15 h1
Second mt4 is for executing trades.
But if you like to make it simple just use 4 charts on one mt4. The last chart is to view the pair with the setup and execute the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: BrCPPkm.png Size: 94 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #85
  • Jan 7, 2016 6:50am Jan 7, 2016 6:50am
Quoting Bernhard
{quote} Well done. If you like posting screenshot. I use lightshot http://app.prntscr.com/en/index.html upload image then open (not copy) rightclick in picture copy url FF post: attach files with upload from URL copy the picture url in done This way I do with all presentations, very easy.
Thank you for your instructions. I will try to upload
Attached Image (click to enlarge)
Click to Enlarge Name: dQLsxHg.png Size: 33 KB
  • #86
  • Jan 7, 2016 3:50pm Jan 7, 2016 3:50pm
Quoting Bernhard
{quote} OK this is how I do it. I use two mt4 installations. One is for market view with 3 charts on 3 TFs. m5 m15 h1 Second mt4 is for executing trades. But if you like to make it simple just use 4 charts on one mt4. The last chart is to view the pair with the setup and execute the trade. {image}
Congratulations Bernhard. This morning I had 3 trades (I've just could watch the market for half an hour or so....), and all positives. I just looked one TF, M15. Could you please briefly explain how do you use multitimeframes for better reliability?

Another question: what about TP? Today I pick 10 pips per trade, what is simply fine, but I'd like to hear about your experience.

At the moment I'm testing in demo. I'm very exited about your indicator. Keep on posting please


TONI
  • #87
  • Jan 7, 2016 4:49pm Jan 7, 2016 4:49pm
Quoting forexdaist
{quote} Congratulations Bernhard. This morning I had 3 trades (I've just could watch the market for half an hour or so....), and all positives. I just looked one TF, M15. Could you please briefly explain how do you use multitimeframes for better reliability? Another question: what about TP? Today I pick 10 pips per trade, what is simply fine, but I'd like to hear about your experience. At the moment I'm testing in demo. I'm very exited about your indicator. Keep on posting please TONI
Yes this is advanced technique. Try to get used to one TF first. Later use 2 charts visual side by side, the higher TF take for trend the smaller wait for trigger. When the smaller TF aligns with the higher TF you can have a good runner. This is then a MTF double GAP.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #88
  • Jan 7, 2016 5:17pm Jan 7, 2016 5:17pm
Bernhard,

I could not find any attachment of the indicator.... CS Momentum.
Will you be kind enough to post it?

Thanks
  • #89
  • Jan 8, 2016 12:56am Jan 8, 2016 12:56am
Attached File(s)
File Type: ex4 RecentStrength.ex4   61 KB | 1,168 downloads
  • #90
  • Jan 8, 2016 1:34am Jan 8, 2016 1:34am
Quoting trader1234
{file}
trader1234,

I think it's not the same as shown in Bernhard's .
  • #91
  • Jan 8, 2016 1:43am Jan 8, 2016 1:43am
The best opportunities are during London Open session
  • #92
  • Jan 8, 2016 1:55am Jan 8, 2016 1:55am
Quoting goldcourse
{quote} trader1234, I think it's not the same as shown in Bernhard's .
the hint is in post 1
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #93
  • Jan 8, 2016 2:08am Jan 8, 2016 2:08am
Quoting trader1234
{file}
Good indicator. Thank you for posting.
  • #94
  • Jan 8, 2016 3:28am Jan 8, 2016 3:28am
Quoting Bernhard
{quote} the hint is in post 1
Bernhard,

This is what I read in your post # 23.......

"Thank you all for your support.
Already donations have arrived and copies of indicator have been sent out.
Too many PMs
Soon we will start and go more into practice of the system."

So I will need to do a donation to get the indicator, right?
  • #95
  • Jan 8, 2016 3:46am Jan 8, 2016 3:46am
Quoting goldcourse
{quote} Bernhard, This is what I read in your post # 23....... "Thank you all for your support. Already donations have arrived and copies of indicator have been sent out. Too many PMs Soon we will start and go more into practice of the system." So I will need to do a donation to get the indicator, right?
please check PM
CStrength28 indicator is not public available for download .
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #96
  • Jan 8, 2016 3:48am Jan 8, 2016 3:48am
Quoting optionhk
{quote} Good indicator. Thank you for posting.
calculations are not same
Attached Image (click to enlarge)
Click to Enlarge Name: lLHYF0b.png Size: 32 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #97
  • Jan 8, 2016 4:40am Jan 8, 2016 4:40am
PLEASE WE LIKE TO KEEP THE DISCUSSIONS HERE FOR TECHNICAL SUBJECT.

If I may call you my students then this is your task: explain me how to read this MTF double GAP.
EURAUD
2 vertical lines are Frankfurt and London Open.
We see m5 and m1 GAPs but there is much more....
Attached Image (click to enlarge)
Click to Enlarge Name: bvFbZwO.png Size: 114 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #98
  • Jan 8, 2016 5:33am Jan 8, 2016 5:33am
Quoting Bernhard
PLEASE WE LIKE TO KEEP THE DISCUSSIONS HERE FOR TECHNICAL SUBJECT. If I may call you my students then this is your task: explain me how to read this MTF double GAP. EURAUD 2 vertical lines are Frankfurt and London Open. We see m5 and m1 GAPs but there is much more.... {image}
Bernhard, first i have to say thank you for your great indicator.
i test it at LO and dare not to test at Frankfurt Open because the price often reversal after Lodon open.
i watch M5 and M15 TF, when LO started, i saw EUR is UP and AUD is down(both start the trend since FO). I Long EURAUD EURNZD. but after few minutes they
both change the direction. i closed them with small loss. i think i still can not get the right way to use the indicator.
i want to ask:
1. how do you handle FO? will you open order at FO if you find good entry point and dont consider the Possibility of reversal after LO?
2.when LONDON OPEN， will you open order right now or waiting for few minutes to watcd the price ?
  • #99
  • Jan 8, 2016 5:49am Jan 8, 2016 5:49am
Quoting Bernhard
PLEASE WE LIKE TO KEEP THE DISCUSSIONS HERE FOR TECHNICAL SUBJECT. If I may call you my students then this is your task: explain me how to read this MTF double GAP. EURAUD 2 vertical lines are Frankfurt and London Open. We see m5 and m1 GAPs but there is much more.... {image}

I am happy to be your student. :-)
Yes, I have been staring at that chart for a while and at first it looks like that Aud was stronger than Eur. But right before Frankfurt open our grey Market momentum went down. Also both currencies started to hook slightly back in the opposite direction? That's all I can come up with so far. Looking forward to learn about the importance of the trading times as that is I am sure a deciding factor.....
  • #100
  • Jan 8, 2016 6:22am Jan 8, 2016 6:22am
Truly the most amazing thread on FF at the moment. The indicator is more powerful than what is seen at first sight. Whether it goes to EA development or remains manual, it has great potential to change the way one is trading either short term or longer term ..... thank you Bernhard. Now I hope to get the indi once i sort out my live account details. Thanks in advance.
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