Trading with range bars ichimoku cloud & awesome oscillator

Hi everyone. Hope you all had a great August and enjoyed the end on Summer. I have not been doing much trading since the first week of August as it was just to slow. Had a small trade today. Should have gotten out earlier for no other reason as it has not been trending much and I could have banked 20 pips. which is not a lot but better than the last month. So I made 9.9 pips on this trade. Was hard to stay in this one. Hoping for a much more productive September! Blessings everyone.

You are not kidding... The pair I watch stayed in a range all day, hitting each support/resistance perfectly. Tomorrow is another day.

Finally a somewhat normal day, make some nice money. Lets hope it continues and volume picks up. 4 trades today 2 FX GBP pairs and @ commodity trades
oil and soybean oil.

hi rocky i want to ask some question..

hi rocky,


when I opened the market at the time london open , I open currency strenght almost all the strenght of a currency showed a significant figure .. such as CAD and JPY showed readings above 12- 14 .. how do you make a selection in the GBP ?

Peezeroo,

1) Don't trade Eur/jpy very much so I often skip over it and it tends to jump back and forth a lot even when trending, nothing wrong with entry you show would've in all probability been a B/E.

2)I didn't check currency ind. till 8am est showed cad, jpy and gbp as strong weak currencies and right now GBP is pretty reliable money maker.

hi rocky, can you explain " tends to jump back and forth a lot even when trending" this is difficult for me to see that...
and how you choose between a good chart and bad one??

I'll answer later in middle of poker tournament right now.

hi rocky no rush take your time..

If I open a chart and it looks like eur/usd I close it and forget it for the day.
If I open a chart like gbp/usd and see consolidation prior to london/ny opens I watch. This carts had consol. prior to london open movement then consol pre ny open and then trend con tiuation.

As far as not taking the cl trade you marked, just wasn't watching, commodities trade more reliably just before ny market opens thru first 2 hours.
Currency and treasury futures you can trade earlier, but will usually lack volume until hr before ny opens.

Late sleeper today but was up in time for oil news, waited for awhile to get in, since I thought initial price reaction was over kill. Caught a nice move back down.

Lucky boy today no fx trades found 1 trade on gold, didn't set up to be anything great but just kept chugging along. Since I had nothing else just let it
run and wound up with 121 ticks.

Hi Rocky,

From what I understand from this method, there are no clear defined rules (because programming breaking of s/r, trendlines would be subjective and hard to program since it's dynamic) to enter a buy/sell trade right? I was thinking if I could make an EA off this.

Huatboyz, you re more than welcome to try, but I'm am not a fan of ea's. 1) I really like to trade. 2) ea's take too many trades.

Hi Rocky
What time and zone u take these tardes

thanks
D

Slept through what looked like a good trading day. I trade NY open 8am till 10/11.

Well its been a less than stellar month, trading obviously has been slow but thats not unusual during the summer. Personally, I've had 3 friends diagnosed with
cancer 2 which were 4th stage one where outlook is good. A fourth friend has just been moved to hospice care so I'm going to need to go say goodbye. On top
of which I've had bronchitis from hell for 2 weeks that seems to be finally clearing up. The hard part of getting older is suddenly friends are getting sick and dying. Right now I'll post on the thread when I can, but more importantly I need to help my friends where I'm able. Remember this people always make time for those you love especially when bad times arrive, sometimes life is glorious, sometimes mediocre and sometimes shit. It's what you do during the shitty times that defines you as a person

sorry to hear that Rp
wish safety and health and happiness for everyone...
be safe

Sad to hear about your friends RP. Its very hard sitting on the sidelines watching these things play out and not being sure what to do. Blessings to you all and take care.