Trading with range bars ichimoku cloud & awesome oscillator

Still staying away from the GBP pairs. 3 Trades 2 futures(using Ichimoku) and 1Fx (using reversion system). For now I will be posting some trades from the new system while I'm working on getting comfortable with it. Decided this will have small stops and aggressive entries since I'm looking for 4-5:1 risk reward even if I'm wrong 70% time I'll still be profitable.

I will continue posting the rest of the week after that I am going to re-examine continuing this thread. It seems that interest and activity from others has waned. Its not worth my time if all I'm doing is talking to myself.

Not sure if it matters, but I follow every one of your posts daily. I would hate to see you stop posting.

I too follow this thread every single post and value your posts very much, I've learned alot from you so thx for all that, would hate to see this thread die. I' ll try to post more of my trades here as well. I have had mixed results so far, feels like I am not yet seeing the full picture and/or not employing the strategi correctly. Also, running a company with employees and customers tend to eat up my time...

It's very valuable to get insights from somebody who has gone from rookie to experienced and consistently profitable...I think it's alot less common than people realize! Most people probably just burn their account and move on with their lives.

So to all: let's post our trades, both the good ones and the failures!

\~/

Hi Rockpoint,
Have been following on the sidelines for sometime now viewing the trades and getting my head around the system. Am very interested in learning to trade for myself and adopting some reliable consistent system(which this one seems to be). I have been right around the traps with forex blowing money on EA'S that don't work and indicators that promise much and deliver little and trading services/signal services also. Decided if I'm going to trade forex, learn to do it yourself. I am not a experienced or learned trader so felt I did not have a lot to offer the forum initially until I got up to speed.
It is appreciated that you take the time and effort to share your knowledge, system and experience. Most people would be charging for this type of advice. I have been doing demo trades using this system to prove it to myself and have set up a live account. I am using sierra charts for the first time, so this has been a learning curve as well.
I am in Canberra Australia and working out best trading times. European would appear to be the best. Will start posting my trades as they occur.
I regular check the forum. Would be a shame to see it discontinue.

Hey RP yours is one of the best threads on FF. A lot of great info and real examples of trades good or bad. I have not been around much lately but I always try to read your posts everyday. Many times my trades do not look that much different than yours so I do not post them.

I pretty much took last week off. But maybe after this vote in the UK July and August maybe a little more interesting. August can be pretty slow as so many traders are off on vacation.

Hope you hang in there. Good thread with a lot of good info.

Hi Rockypoint,

After last week off on a business trip, I'm back and do follow every day also. I think the other traders posting today sum up my feelings also on the importance and worthiness of this thread! I will begin posting all my trades as well to help ensure the best thread on FF continues.

I've been following you since that thread in the commercial section. Please don't go! I'm not trading yet but I'm learning a lot from you, Sir.

Would you try Range Bars with your new system? Also, I know ToS doesn't yet have Momentum Bars, but maybe they are of some interest to you?

Finally, can you elaborate on how you trade Credit Spreads and Iron Condors?
Also, just to ask two things I forgot (it's a little tedious to do a search on my phone): What are your ichimoku settings and what numbers do you look for on the strength indicator and what TFs in what order?

Hey Rocky,

just wanted to tell you that your trades have been a huge inspiration for me. I actually switched from trading time stamp bars on forex to trading tickbars (not rangebars like you ) on Futures with TOS, and it has been going more than great to be honest. I can say that your lessons were the final tipping point on my way to controlled profitability, so thank you so much. I hope to give back one day for free, just as you do!!

1 trade tonight: EUR/JPY - Please excuse the noise on the chart. It's got some other things I use on other setups...

Hi Rocky,

I have never missed a single post of yours and now trade range bars.

I think we all need to communicate more as the thread seems a lonely place with all us shadow lurkers.

I agree this thread is a gem and best on FF.

Please don't stop now mate, your lessons are priceless.

Thank you for the kind words. With out interaction the thread is just me and thats boring, I want people to ask questions and make suggestions. Go ahead and post the good the bad and the ugly thats how we learn. Believe it or not I learn just as much as you do, because the thread forces me to think about whats become second nature.

The question I have always had, is do you post all your losing trades as well? If so you almost never lose which is amazing...

I like to see where you made mistakes so we can learn as well. If you don't already can you post all your bad trades as well?

My first trade of any GBP pair since last week. Pretty straight forward when it broke support and AO was below the zero line. Got out when it AO hit the Zero line and price closed above the moving average.

Question : How come you stayed in the cotton trade even after the price broke the kijun, then into the cloud and even the AO reversed?

I took 2 trades this morning and got out of the second one way too early when I saw it stalling for some time...

Hey Rocky let's explore your thought processes a bit! On your GC trade I would have said to myself:
-haven't yet broken the top further to the left
-have moved alot today already, will probably be reversal soon
I.e. I wouldn't have taken trade...but you did (which paid off), so I know you saw these things too, but you chose to trade anyway so please enlighten me how you came to that decision?

Xfactornos, Win rate on this system is about 80% I should post more losses but the large majority of those are B/E's, any way I will post more of those.

Go5, I stayed in the trade because not much was going on. Only 1 other trade so I moved stop to +2 and let it run. this time it worked other times it will wind up
a B/E.

Eddman, The high you mention is not as significant as the area I drew a price level which had 4 or5 hits in a small range Yes price had been moving and if it was going to continue or reverse this was a likely time period open of NY market. Price did in fact stall at the high to the left you mention but at same time price level
I drew held so I stayed in the trade.

I have a question:
Why did you wait till 6am to trade? did you oversleep or were the conditions not met at 5am? looking at /GC, at 5am it appears that would have been a valid buy trade as it broke the high resistance from earlier.