Come Surfing Fx With Me System

Quoting sriloba

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Hi, Today 1 trade on Aussie. TH4 and TH1 are aligned --- High Probability H4: 5/10 ema cross up --- Up trend H1: Both MACDs histogram are above the zero line --- Looking only to buy M5: 1) Price closed in the lower band --- Good place to look for buy 2) CCI_trigger (blue dot) appears --- early signal for buy or buy aggressive 3) CCI(M15) is below -100 --- OS area 4) Macd and Stoch cross up (blue) Buy = 1)+2)+3)+4) Trade closed manually for ≈+52 pips Sai Ram {image} {image}

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Quoting Moonie

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{quote} Hi Pundit, As requested, here are some screen shots of my H4 method. A couple of points - when price is below the 200 EMA, make sure the TDI indicator has this in one of the alert fields (alert sell,G1>R1,G1>U1). When price is above the 200 EMA, the TDI indicator should have this in one of the alert fields (alert buy,G1<R1,G1<L1) S/L I use is 50 pips, moving to B/E at 30 pips. If I'm lucky enough to get to 50 pips, I change the stop loss to a 15 pip trailing stop. I suppose you could just put a 20 pip trailing stop when you reach 30 pips...

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Quoting imdisaait

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{quote} Thx Sri! and weldone! I was closely following this pair that time. if you go a little back, in the same 5 minutes chart, we see a similar signal @5.30 just 2.5 hours before this signal. is it fake... anyway that we can avoid it.? anyway thx for all your framing strategies for us to catch FISH!

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Quoting sriloba

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{quote} Hi, On M5, did price close in the lower band at 5:30? Because, after several hours, the TMA might displace according to the behavior of price action volatility. If price did not close in the lower band at 5:30 then there is no trade. I start my trading session at midnight ET or 7:00 GMT. Before 7:00 GMT the volatility is still low and the market is proned to be whipsaw. Be careful trading in Asian session Sai Ram {image}

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Quoting sriloba

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{quote} Hi, When you monitor multiple time frames we call that top-down analysis. This is a good way to see price action through the multiple TFs. For day trading, for me, H4 is the HTF. H1 is the medium TF. M15/M5 is small TFs. Altogether form a very good top-down of technical analysis. If you look carefully CCI and stochastic on M5 the settings are almost the same settings as M15. M15: ----- M5: stoc(5,3,3) ---- stoc(15,3,9) CCI (14) ---- MTFCCI(M15) On M5, when price closes in the band and price closes above/below the RIPT on M15. That's why...

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Quoting dethkult

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{quote} I see. How about trading the weakness?

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Quoting sriloba

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{quote} Hi, IMO, I suggest you to trade with the trend. Trading the weakness because we know in advance the market is about to reverse. You can use the trend on H4 by using 5/10 ema cross over. It is good too. Sai Ram

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Quoting dethkult

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{quote} Is the ema you're talking about 5emaH & 5emaL? If yes then can you show the settings? Because it didn't appear in your template. Basically what I understand, if the H4 criteria is correct (ema cross, rsi & stoch in proper position) then we can straight look at M5 for entry. Does any of the indis repaint, lag or like that?

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Quoting mix001

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Hi Sai, I have a question. In earlier systems you have used Cynthias_i_Trend which was very usefull to do not enter trade to early or enter for better conditions. Why have you stoped develop methods with this indicator or do you reconsider with this in future? Mike

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Quoting honeytob

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Hi Sai I have a question too Use H4 to identify trend Up trend : 5/10 ema(C) cross up confirmed by stochastic cross up + RSI above 50 i.e. when the above condition is met we only look for buy,but several hours later maybe RSI below 50 or stoch cross down,do we keep looking for buy or stop here? in other words,the three indicators are not consistent while we look for trade, how to do? Sorry for my bad ENG and hope you understand that THX Honey

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Quoting sriloba

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Hi, Today 1 trade on Aussie H4: 5/10 ema cross down ---- Looking only for sell M15: 1) CCI is above 100 level but price is trading in the RIPT M5: 1) Price touches the upper band then closed below it ---- I want to see price closes inside the upper band. 2) CCI_Trigger(red dot) appears 3) CCI(M15) is above 100 4) Macd and Stoch cross down Sell = 1)+2)+3)+4) Trade is closed by SL for -9 pips I should not enter a trade because the 1) is not high probability. So I got a small loss Sai Ram {image} {image}

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Quoting Moonie

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{quote} Hi Sai, I lost pips to the AUD today. -50 on AJ. Great setup but turned on me. {image} Moonie.

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