Trading with range bars ichimoku cloud & awesome oscillator | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading System using Awesome Oscillator 48 replies

Question on Awesome Oscillator 4 replies

Platforms w/ 'Chaos Awesome Oscillator'? 7 replies

Awesome Oscillator 1 reply

Trade Awesome Oscillator Divergences! 7 replies

Attachments: Trading with range bars ichimoku cloud & awesome oscillator
Exit Attachments

Trading with range bars ichimoku cloud & awesome oscillator

  • #261
  • Mar 31, 2016 5:41am Mar 31, 2016 5:41am
Hello,

good morning, another trading session is coming in 20 minutes if we trade the same time of Rocky.

The only tradable pair based on the power meter is eur/usd (sell). Do you have other pair in your watching list today?

Syl
  • #262
  • Mar 31, 2016 7:37am Mar 31, 2016 7:37am
Late to the party today, but I needed some sleep. Coffee then I'll start looking .
  • #263
  • Mar 31, 2016 8:04am Mar 31, 2016 8:04am
Quoting rockypoint
Late to the party today, but I needed some sleep. Coffee then I'll start looking .
Three trade until now, 2 lose, 1 win, not great deal so far, here are the printscreens, what do you think about my entries?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadjpy.png Size: 54 KB
Click to Enlarge Name: gbpjpy.png Size: 46 KB
Click to Enlarge Name: gbpusd.png Size: 48 KB
  • #264
  • Mar 31, 2016 8:41am Mar 31, 2016 8:41am
I don't think I'll have any trades today for this system. I'm watching 2 charts on another system and I'm in 2 trades, short eur/jpy and long gbp/usd.
Watching eur/usd, usd/chf.
  • #265
  • Mar 31, 2016 9:01am Mar 31, 2016 9:01am
I'm done for the day, 2 trades were +5 on eur/jpy and -7 gbp/usd. think we are looking at a lot of back and forth, so todays a good day to go to the beach.

didn't post charts because didn't use this ysytem.
  • #266
  • Mar 31, 2016 10:37am Mar 31, 2016 10:37am
still much to learn for us..
could u put todays orders and explain on them why to take and stuff?
tnx
  • #267
  • Mar 31, 2016 10:51am Mar 31, 2016 10:51am
I'm not going to post my trades from today, i did not trade system we are using here, so lets not confuse things on the thread by showing a different system
  • #268
  • Mar 31, 2016 11:07am Mar 31, 2016 11:07am
Syl, your entries were good, just not a good trading day, THOUGH YOU MIGHT CONSIDER ON CAD/JPY WHEN YOU HAVE PRICE BOUNCING OFF A TL TO ENTER OFF THE BOUNCE.
  • #269
  • Edited 1:08pm Apr 1, 2016 8:39am | Edited 1:08pm
A lot of trades this morning, waited till after NFP to start trading to let things calm down a little. 7 trades. Most trades in a while for me.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: s110.png Size: 68 KB
Click to Enlarge Name: s111.png Size: 73 KB
Click to Enlarge Name: s112.png Size: 72 KB
Click to Enlarge Name: s113.png Size: 71 KB
Click to Enlarge Name: s114.png Size: 68 KB
Click to Enlarge Name: s116.png Size: 74 KB
  • #270
  • Apr 1, 2016 9:08am Apr 1, 2016 9:08am
Very good for you Rocky! I didn't trade today because the NFP, i will pass and wait for the next week!
May i ask you how much you risk in each trade, in percentage of your capital? Actually i risk about 2% maximum in my swing trading, but with your system i risk not much than 1% since i still need to menage it.
  • #271
  • Apr 1, 2016 9:29am Apr 1, 2016 9:29am
I usually trade 1 contract on FX trades <1% risk, Futures usually 2 contracts 2% risk. I don't really think of risk as a % just a dollar number which $200 on FX and $400
on futures. Most months I have 8-10 iron condors/credit spreads to manage and 3-5 weekly option spreads. Keeps me on my toes.
  • #272
  • Apr 1, 2016 10:09am Apr 1, 2016 10:09am
Quoting rockypoint
A lot of trades this morning, waited till after NFP to start trading to let things calm down a little. 7 trades. Most trades in a while for me. {image} {image} {image} {image} {image} {image} {image}
Dang there guy.....looks like you are going to be having steak and lobster tonight, and a few cold ones..........and maybe tomorrow and Sunday night.....haha...great trades!!!!!
  • #273
  • Apr 1, 2016 10:43am Apr 1, 2016 10:43am
Quoting rockypoint
Hey GW, the line on my chart is tenkan or more accurately the tenkan sen or turning line it is essentially a moving average the is computed by using the highest high and lowest low over 9 bars, if you compare it to 9 period SMA you will see the tenkan shows more areas of flattening. The flattening of the tenkan is indicative of price ranging. As far as staying in trades longer, I don't normally set up tp orders ahead of time, I use previous s/r or swing highs/lows as targets if it breaks through I'll stay in and see what happens with next...
thats weird ...! i only just noticed that line isnt tenkan-sen but its kijun-sen !
may be it is in mt4..., i have not a clue !
  • #274
  • Apr 1, 2016 10:54am Apr 1, 2016 10:54am
Gw, no you are right my bad, i tend to hurry through explanations some times, so feel free to call me out.
  • #275
  • Apr 1, 2016 11:06am Apr 1, 2016 11:06am
its all right... sometimes i was just wonder why is this chart so tricky...! :-)
  • #276
  • Apr 1, 2016 11:13am Apr 1, 2016 11:13am
Just so you know, the explanation is right, just change 9 period to 16 period.
  • #277
  • Apr 1, 2016 11:39am Apr 1, 2016 11:39am
RP i,v seen volume indi on charts too,
how do you use that ?
  • #278
  • Apr 1, 2016 12:19pm Apr 1, 2016 12:19pm
GW, TOS HAS NO VOLUME IND. FOR FX AT ALL, IT DOES HAVE VOLUME FOR FUTURES BUT ONLY ON TIME BASED CHARTS. SO I TRADED SOME TIME BASED CHARTS
BUT SWITCHED TO RANGE BARS BECAUSE THATS WHAT I'M COMFORTABLE USING. LIKE FIBS, VOLUME WAS NEVER SOMETHING I USED WITH MUCH SUCCESS, BUT i'M CERTAINLY IN THE MINORITY ON THESE ISSUES.
  • #279
  • Apr 1, 2016 1:15pm Apr 1, 2016 1:15pm
I deleted one my trade charts above because I duplicated it(GBP/JPY) Below is the 7 th trade which was EUR/JPY
Attached Image (click to enlarge)
Click to Enlarge Name: S117.png Size: 80 KB
  • #280
  • Apr 1, 2016 1:50pm Apr 1, 2016 1:50pm
those were grate RP very well done
2 traders viewing now