Trading with range bars ichimoku cloud & awesome oscillator

Go to winnersedgetrading.com click on tools click on power indicator.

Rocky, I admire your patience.

Out for 10 pips profit, not so much, but better than nothing...

Very late to the party today, so instead of using power ind, for the usual I looked for dvrgs. against the the power ind.

good ones RP
is there any tips in drawing the right trend lines?
how to diagnose that its not gonna push further...?

i got these two...

Very Nice GW, excellent day.

yes, tanx
would u kindly answer the previous post too?

Regards...

Amazing!!!

RP,

I need some help with the power meter (I use a different one, but the same idea). Once a pair is at the top or bottom of the list, it has already made a strong move. If it's in the middle, it may move and it may not. How do you use the meter to choose pairs?

Looking forward to your reply. This has been a mystery to me. Maybe it's a senior moment.

Gila

Hey guys...
why so quiet? where is everybody...?

Waiting for RP to get back? He said he had a friend visiting and would probably be posting/trading again next Wednesday.

In the mean time here are some trades from today:

winner+45:


loser-20:

(clearly should have waited for a full bar break...to aggressive)

some more trades:

winner (+38):


winner: (+31)


looser: (-14):


happy to hear any comments.

and the last trade for my day was a winner (29):


I like to see a clear TP when I enter a trade, my style means looking for resistance or support lines ahead of the price (depending on direction of trade) where the price is likely to turn in against my trade, second to that, I use round numbers like xx50 or xx00 for finding good TPs. If I see that the price has a strong momentum when approaching a TP, I sometimes extend my TP (and also adjust my SL to be well in profit for the trade), or simply take the profit and trade again the break, if it occurs.

Rocky correct me if I am wrong here, but I think you work with a looser definition of your TPs and instead look more to divergence of AO and/or price?

I don't know which way is most profitable, but one thing which I like with fixed TPs is that tend to worry less if I should stay in the trade or not

Back to trading today got a late start, a week of misbehaving has worn me out. 4 trades 2 futures and 2 FX all trades 1 ct. except ZL which was for 3 cts.

Eddman, Great day +100. Yes my style is more relaxed on tp, but I think those details of trading are more about your own psychology than being more or less profitable.

Gilab, I don't use Power meter to find pairs to trade per se, but to find the strongest and weakest currencies. For instance if AUD is weakest I'll look at AUD pairs with the majors. I look to find charts that look tradeable to me. I like charts that show movement and consolidation. The best for me is when I find charts that are consolidating when I'm just beginning my day. Hope this helps

Thanks. That's helpful.

Again a late start but better than yesterday, 4 trades all FX.