Trading with range bars ichimoku cloud & awesome oscillator | Page 15 | 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

  • #281
  • Apr 1, 2016 2:45pm Apr 1, 2016 2:45pm
Quoting rockypoint
I grew up in island park, lived in lido beach right on the ocean. My 2 sisters have lived in babylon since 1965.
Island Park? Did you go to Oceanside High School?
  • #282
  • Apr 1, 2016 9:14pm Apr 1, 2016 9:14pm
WEST HEMPSTEAD
  • #283
  • Edited 5:16am Apr 2, 2016 4:08am | Edited 5:16am
Quoting sylbolid
{quote} Three trade until now, 2 lose, 1 win, not great deal so far, here are the printscreens, what do you think about my entries? {image} {image} {image}
Hey syl
it is true that when we look back at chart it seems easier... yet if you were before chart why didnt consider it this way ?
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy.png Size: 66 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.png Size: 58 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.png Size: 57 KB

maybe one problem of your entries i think they r a little too late!
- RP how would u took it ?
- also you said before
"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."
could u explain more about this "if possible on the pic plz?
thnx
  • #284
  • Apr 2, 2016 1:03pm Apr 2, 2016 1:03pm
Quoting sylbolid
{quote} Yes... that is the problem I guess... even with the power meter that actually I don't know how to use it properly, I look the wrong pairs....
it IS tough when u dont knw what & where to watch ?!
some dude made a suggestion in post #189 about RP gives us a heads up(not signal) for a while till we can make it our own,
i think it would be nice for this matter if like every morning RP walks us through analyzing his charts and tell us what to watch and why... , then everybody can go analyze for themselves ... it will make a great Practical training i believe ,
  • #285
  • Apr 2, 2016 3:06pm Apr 2, 2016 3:06pm
Hello to all

I like this thread

I have been trading a very similar setup using a 3 pip renko box and after comparing, I think I agree that the range bars look a little better... I think the entry/exit points look a little crisper.

I will trade along with you all next week.

I am on the west coast and I trade 6am to 9am my time (9 'till noon east coast)

I've attached a pic of my chart

Thanks again!
Attached Image (click to enlarge)
Click to Enlarge Name: usd cad.PNG Size: 95 KB
press your advantages, not your luck
  • #286
  • Apr 2, 2016 3:52pm Apr 2, 2016 3:52pm
hello & welcome truhander
as RP said : we are here for helping each other with what can be a very frustrating hobby/business trading.
want to explain more about your setups and rules ?
cheers
  • #287
  • Edited 6:35pm Apr 2, 2016 6:22pm | Edited 6:35pm
Sure, I try to keep it really simple.

I trade on the West Coast so I am up a little before five and spend a little bit of quiet time, study and chart analysis. I'm trying to be ready to trade by 6 AM my time.

I look at the daily and hourly charts in the morning to look for the direction that I think there's likely to be some impulse movement. I narrowed my seven or eight pairs down to two that I'm going to be planning to trade that day.

And then, I take a good look at those pairs as the hourly candles close because I see very often impulse movement at the top of the hour.

The short-term chart like I posted is what I would use for entries and exits.
But, keep in mind, I'm trying to inform my overall decision-making by the bigger time frames.

The most important part of my trading plan is really the money management system that I use.

It's a non-emotional approach to money-management that gets me bigger when I've been winning and smaller when I've been losing.

left to my own devices, I usually do the opposite.. get bigger when I've been losing (and that's usually disastrous )and in order to try to preserve the winning feeling get smaller after I've been winning.

My entries and exits should look a lot like RP's
press your advantages, not your luck
  • #288
  • Apr 2, 2016 8:58pm Apr 2, 2016 8:58pm
Welcome aboard Truhander, you sound like like more of a technician than I am, but thats a great contrast to me. I am a feel trader that needs the chart to be visually appealing to trade well.
  • #289
  • Apr 3, 2016 11:19am Apr 3, 2016 11:19am
Quoting golden-way
{quote} it IS tough when u dont knw what & where to watch ?! some dude made a suggestion in post #189 about RP gives us a heads up(not signal) for a while till we can make it our own, i think it would be nice for this matter if like every morning RP walks us through analyzing his charts and tell us what to watch and why... , then everybody can go analyze for themselves ... it will make a great Practical training i believe ,
That's a good idea indeed!
I think like that too!
  • #290
  • Apr 3, 2016 11:49am Apr 3, 2016 11:49am
Quoting sylbolid
{quote} That's a good idea indeed! I think like that too!
Quoting golden-way
{quote} it IS tough when u dont knw what & where to watch ?! some dude made a suggestion in post #189 about RP gives us a heads up(not signal) for a while till we can make it our own, i think it would be nice for this matter if like every morning RP walks us through analyzing his charts and tell us what to watch and why... , then everybody can go analyze for themselves ... it will make a great Practical training i believe ,
Count me in !

Best regards

BBF
BigBlackfeet Always on the(forex) war path !
  • #291
  • Apr 3, 2016 3:21pm Apr 3, 2016 3:21pm
The idea of using relative strength as a way to select which pairs to trade and for trade direction seems logical.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #292
  • Apr 4, 2016 8:05am Apr 4, 2016 8:05am
Pretty straight forward day only 2 currencies on power meter today GBP strong and NZD weak. Took 3 trades all GBP pairs missed 1 trade also a GBP pair. Usd flat so the treasury futures I like to trade are flat, same with commodities. Essentially just took the trades showing on power meter, usually not that cut and dry.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: s118.png Size: 73 KB
Click to Enlarge Name: s119.png Size: 75 KB
Click to Enlarge Name: s120.png Size: 75 KB
  • #293
  • Apr 4, 2016 9:21am Apr 4, 2016 9:21am
Nice trade for me today: 47 pips profit
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.png Size: 38 KB
  • #294
  • Apr 4, 2016 9:59am Apr 4, 2016 9:59am
Nice trade Syl. One question for you don't you find those gold arrows distracting? You are probably used to them, BTW this is not criticism just curious. What ever works for you is totally cool.
  • #295
  • Apr 4, 2016 11:09am Apr 4, 2016 11:09am
Quoting rockypoint
Nice trade Syl. One question for you don't you find those gold arrows distracting? You are probably used to them, BTW this is not criticism just curious. What ever works for you is totally cool.
Hi Rocky, gold arrows are fractals, I like them as they could be a turning points, many times the price bounce to them, I use them a lot specially on higher tf, Bill Williams call them the way to success!
  • #296
  • Apr 4, 2016 11:46am Apr 4, 2016 11:46am
Yep I know they are fractals, just a little over whelming for me on short term charts. They actually might be used on short term charts to throw out the charts
that have tons of them showing, making trading to jumpy to be preditable.
  • #297
  • Apr 4, 2016 12:29pm Apr 4, 2016 12:29pm
what a movement had this pair today..
i got some, and had chances to get even more
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNyZD_FLM2.png Size: 59 KB
  • #298
  • Apr 4, 2016 12:58pm Apr 4, 2016 12:58pm
Nice trade GW, GBP/USD is the trade I missed.
  • #299
  • Apr 4, 2016 1:24pm Apr 4, 2016 1:24pm
yes the way i see that would had ~70 pips too , correct?
  • #300
  • Apr 4, 2016 1:58pm Apr 4, 2016 1:58pm
hw much was the spread today of gbp/nzd in ur broker RP ?
1 trader viewing now