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Trading is as simple as ABCD

  • #9,821
  • Jan 29, 2016 8:07am Jan 29, 2016 8:07am
Quoting kumetto
{quote} Lets trade the two pairs virtualy. If I've left the trade to go GU produced above +122 but EU is -23 loss and I took GU +95, EU+6.So take now +99 overall or take like me +101 but stress free right?
I only trade the Gbp-Usd and I would always do what you did and exit, cannot make any comment on the EU as do not watch it, I do use other things (Target Levels) but to me Range is king, So out and gone money in the bank, Mondays another day.
Must say you are a very good at this type of trading
  • #9,822
  • Jan 29, 2016 8:19am Jan 29, 2016 8:19am
Quoting OAPDave
{quote} I only trade the Gbp-Usd and I would always do what you did and exit, cannot make any comment on the EU as do not watch it, I do use other things (Target Levels) but to me Range is king, So out and gone money in the bank, Mondays another day. Must say you are a very good at this type of trading
Thank you didn't knew that.I'm trying to learn pure forex. I did realise that 60 is my man Trying to learn as much as I can and I use some of my own experience in forex.
Trade with 60
  • #9,823
  • Jan 29, 2016 8:24am Jan 29, 2016 8:24am
Quoting kumetto
{quote} Thank you didn't knew that.I'm trying to learn pure forex. I did realise that 60 is my man Trying to learn as much as I can and I use some of my own experience in forex.
I will move over to the thread mentioned before I get it in the neck on here as we are off topic, in the meantime just add bog standard Pivots to your chart if you wish
  • #9,824
  • Feb 1, 2016 6:54am Feb 1, 2016 6:54am
  •  jmmn
  • | Joined Nov 2015 | Status: Learning while making money... | 647 Posts
Dear Clive, I read your first post and jumped on to post 8309 but do not find the indicators and templates that I have to use.

Will you please attach them? Thanks in advance and all the best!
  • #9,825
  • Feb 1, 2016 9:58am Feb 1, 2016 9:58am
some of the indi's on post 50 & 57
but I only use these three.
cci = 8 on the 1min chart
ma = 178 lwma linear weighted moving average hlc/3 typical price
apb= color of your choice

good trading my friend

Ps: some people use a 5ema shifted +1 for exits.
Attached File(s)
File Type: ex4 MA_In_Color.ex4   10 KB | 420 downloads
File Type: ex4 Clive's Histogram CCI.ex4   7 KB | 450 downloads
File Type: ex4 Synergy_APB.ex4   4 KB | 472 downloads
What would you do if you knew you could not fail?
  • #9,826
  • Feb 1, 2016 10:10am Feb 1, 2016 10:10am
Quoting jmmn
Dear Clive, I read your first post and jumped on to post 8309 but do not find the indicators and templates that I have to use. Will you please attach them? Thanks in advance and all the best!
Post 8,891 for list of Clive's ind.
Posts 8,898, 8,899, and 9001 for indicators and templates.
Post 9732 for Clive's update and Post 8353 for eateries.
Galatians VI As you sow so shall you reap.
  • #9,827
  • Feb 3, 2016 11:00am Feb 3, 2016 11:00am
Quoting bapakjason
{quote} Hey Dave, what are the breakout times set on your chart? Looking good. Thanks, Jason Edit: never mind Dave, I got it figured out. Better I did myself too. I've got a breakout box indi that can do the job, will watch a few days. Thanks for the chart friend. Jason
Here is that slightly different way that I have PM'd you about from that other thread
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDSBH1.png Size: 68 KB
  • #9,828
  • Feb 3, 2016 8:54pm Feb 3, 2016 8:54pm
Hi,Could some kind soul explain to me what is the LOOKBACK setting in the TTY indi, and can advice me what shoud the setting be if i want to trade with 14 EMA on 5 min and 15 min chart.

Thank you very much
Early bird gets the worm
  • #9,829
  • Feb 4, 2016 10:58am Feb 4, 2016 10:58am
Hi All you rich people.
Have not disappeared, just had some stuff to take care of.
Back trading again.

All you good people that are using Clives' ABCD system and indicators, here is a question: Does using a Stochastic together with the CCI help in any way, or is it a distraction?

Any and all comments would be much appreciated.
Rgds
Pieter
  • #9,830
  • Feb 4, 2016 5:21pm Feb 4, 2016 5:21pm
Hi Everyone

Sorry I haven't been around much but the skype room is really taking offf with some great guys in there cracking in 100 plus pips every day from 1 minute charts. Even got the great Islander in there demonstrating his skills and sharing his charts and thoughts as he trades, awesome guy....

The room has made me rethink things a little but I'm still convinced its just up or down. make your choice place your bets and see what the market is gonna do with you...

I'm also not waiting for full overbought/sold signals as more than happy to trade the swings in the CCI back with the trend of the 20lwma. Looking at only trading up to 11 O clock GMT and taking the 20lwma change of directions as per the chart below...

Attached Image (click to enlarge)
Click to Enlarge Name: GER30M1 first 3 hours after market opens.png Size: 107 KB


Just follow the trend of the 20LWMA if its red take swings in CCI downwards placing a sell stop 2 pips below the signal candle. If itsa green 20lwma then we're only buying swings up in the CCI placing our buystops 3 pips above the signal candle...

Just keep it simple nothing complicated ......look to trade the first couple of 20lwma turns after a market opens..and then just the first couple of CCI signals after each 20lwma colour change. try banking half for 10 pips then move other half to BE+1 pip and hold until the 20lwma changes colour again...

Plenty of other ideas in the room so get yourselves in the room and see how its done....skype Manuel for entry...
Feel the Fear and do it anyway!!!
  • #9,831
  • Feb 5, 2016 5:02am Feb 5, 2016 5:02am
. If itsa green 20lwma then we're only buying swings up in the CCI placing our buystops 3 pips above the signal candle... Just keep it simple nothing complicated ......look to trade the first couple of 20lwma turns after a market opens..and then just the first couple of CCI signals after each 20lwma colour change. try banking half for 10 pips then move other half to BE+1 pip and hold until the 20lwma changes colour again... Plenty of other ideas in the room so get yourselves in the room and see how its done....skype Manuel for entry...[/quote]

Hi Clive.
Please let me know the settings of your 20lwma.....
  • #9,832
  • Feb 5, 2016 5:16am Feb 5, 2016 5:16am
Hello Clive,
I'm wondering what SL settings are you using for DAX?...
Thanks;-)
  • #9,833
  • Feb 5, 2016 10:18pm Feb 5, 2016 10:18pm
Quoting clivepackham
..............................................Plenty of other ideas in the room so get yourselves in the room and see how its done....skype Manuel for entry...

what's skype chatroom ID numeber ?
  • #9,834
  • Feb 6, 2016 6:33am Feb 6, 2016 6:33am
Quoting extjsjquery
{quote} what's skype chatroom ID numeber ?
The clue is.............skype Manuel for entry

So read back just a few pages or type the name into search box and you will find his very recent posts asking (Manuel that is ) one to join the room.
every Saint has a past. Every Sinner has a Future
  • #9,835
  • Feb 6, 2016 9:56am Feb 6, 2016 9:56am
Quoting Pipglutton
. If itsa green 20lwma then we're only buying swings up in the CCI placing our buystops 3 pips above the signal candle... Just keep it simple nothing complicated ......look to trade the first couple of 20lwma turns after a market opens..and then just the first couple of CCI signals after each 20lwma colour change. try banking half for 10 pips then move other half to BE+1 pip and hold until the 20lwma changes colour again... Plenty of other ideas in the room so get yourselves in the room and see how its done....skype Manuel for entry...
Hi Clive. Please let me know the settings of your 20lwma.....[/quote]

Hi old friend

Its 20 for period and 3 for MA type........choose the colours you like best...
Attached File(s)
File Type: mq4 MA_In_Color.mq4   4 KB | 550 downloads
Feel the Fear and do it anyway!!!
  • #9,836
  • Edited 10:45am Feb 6, 2016 10:12am | Edited 10:45am
Quoting extjsjquery
{quote} what's skype chatroom ID numeber ?
You can find it by searching your skype for "Dax Live Trading Room"....

Or PM Manuel on his FF name MarkFX77 or follow the instructions below...

"Hello Traders!

I am getting bombed with mails on ff regarding the Live Trading Group chat.

Please send me a contact request on skype: fxtrader.79

I will add you into this group. I can't check my mails here every day a few times.

Thanks and best regards,

Manuel"
Feel the Fear and do it anyway!!!
  • #9,837
  • Feb 6, 2016 10:17am Feb 6, 2016 10:17am
Quoting Piofx
Hello Clive, I'm wondering what SL settings are you using for DAX?... Thanks;-)

I tend to drop a 20 pip stop for emergency but then move it up to last low or high of the pullback I'm trading, this equates to between 10 to 15 pips but also starting to trail candles until taken out which tends to keep losers around 6 to 10 pips.....

The secret to successful trading to me is smaller losers than your winners so controlling the size of your losers is all you can control. The size of your winners is down to the market....
Feel the Fear and do it anyway!!!
  • #9,838
  • Feb 7, 2016 2:02pm Feb 7, 2016 2:02pm
Quoting clivepackham
{quote} Hi Clive. Please let me know the settings of your 20lwma.....
Hi old friend Its 20 for period and 3 for MA type........choose the colours you like best... {file}[/quote]

Thanx Clive. I am so glad to see that your committed endeavors are paying off. You deserve it sir.

Rgds
Pieter
  • #9,839
  • Feb 7, 2016 3:02pm Feb 7, 2016 3:02pm
Someone PMed me and asked me to post a GBPUSD or EURUSD chart with my system so I've posted the GBPUSD from Friday,...

The morning

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1 more swings.png Size: 117 KB


and the afternoon...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1 works ok.png Size: 96 KB


Quite a few signals and some not as good as the others but very simply if you have a red 20lwma look for swings in the CCI from up to down and if you have a green 20lwma look for swings from down to up. deeper pullbacks are best...at least back to the zero line..

All we're doing is saying if the 20lwma is green then we're going up so look for pullbacks ,red candles and slide a buystop across the top of the candles waiting for the upward trend to resume..Vice versa for a red 20lwma wait for a pullback green candles and slide a sell stop under the candles until the downward trend returns and puts you in the trade..

I've marked nearly all the signals but might be best to just take the first couple after each colour change in the 20lwma, first two pullbacks in the new trend are the best. I tend to take 10 pips off the first half and move to BE+1 on 2nd half and see how many pips I can squeeze out of it...You could hold 2nd half on the 20lwma colour change..

I did have a look at the EURUSD but doesn't look very good to me which is why I practically never trade it.....Its my belief we need something to be moving about a bit for us to trade ie hence my recent move to the DAX , DOW and maybe the SP500....They all have daily ranges in their hundreds so have to trend on the 1 minute to make such massive daily ranges...plus they have low costs like 1 pip spread...

In my opinion if something's moving you've got half a chance of success and the EURUSD just doesn't cut it for me....
Feel the Fear and do it anyway!!!
  • #9,840
  • Feb 8, 2016 12:19am Feb 8, 2016 12:19am
Quoting clivepackham
Someone PMed me and asked me to post a GBPUSD or EURUSD chart e.. I did have a look at the EURUSD but doesn't look very good to me which is why I practically never trade it.....Its my belief we need something to be moving about a bit for us to trade ie hence my recent move to the DAX , DOW and maybe the SP500....They all have daily ranges in their hundreds so have to trend on the 1 minute to make such massive daily ranges...plus they have low costs like 1 pip spread... In my opinion if something's moving you've got half a chance of success and the...
EU in a range till US session news Friday. Only moved about 33 pips till news. Not really what I would call a 'Top Trender'.
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpeg Size: 163 KB
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