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Trading with range bars ichimoku cloud & awesome oscillator

  • #1,241
  • Nov 27, 2016 11:35pm Nov 27, 2016 11:35pm
Nice trades Bandwagon! I definitely got out early.

Just entered NZDUSD long, as I see USD weakness and NZD strength. I added stochastics to the range bars, and bought the dip (blue box and line). SL below that swing low:
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  • #1,242
  • Nov 28, 2016 3:51am Nov 28, 2016 3:51am
2 shorts dax. 1st on at 10680 with target at 653, 2nd one when price broke 650lvl (648 my pending order) with target 609.
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  • #1,243
  • Nov 28, 2016 4:50am Nov 28, 2016 4:50am
Quoting ezcurrency
Nice trades Bandwagon! I definitely got out early. Just entered NZDUSD long, as I see USD weakness and NZD strength. I added stochastics to the range bars, and bought the dip (blue box and line). SL below that swing low: {image}
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  • #1,244
  • Nov 28, 2016 7:17am Nov 28, 2016 7:17am
Quoting Shantala
{quote} {image}
Would that mean if AO is above zero however it is red you should not go long until there is a positive green AO as confirmation (assuming all other parts of the strategy are ok)? And vice versa?
  • #1,245
  • Nov 28, 2016 9:12am Nov 28, 2016 9:12am
Wife took all seven grandkids out to breakfast, then on to the beach at Margiot Bay. I traded a little 2 FX and 1 Futures. Now I'm going to pick them up and head to Anse Chastenet to see rain forest and the black sand beach. Flying home tomorrow.
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  • #1,246
  • Nov 28, 2016 12:33pm Nov 28, 2016 12:33pm
Quoting Shantala
{quote} {image}
Yea I agree that was a better entry and a decent RR too, thanks for taking the effort to point it out, helping anyone still not conversant with the system
Read in between the price!!!
  • #1,247
  • Nov 28, 2016 12:38pm Nov 28, 2016 12:38pm
I just finished reading through this thread and I must say this is hands down the best thread on FF no bickering or all the other things we find on FF threads, don't believe me? go through a couple. Please let's not let this thread die, let's make it RP's legacy, our legacy too. If you still using time charts higher than 1 min I'll humbly advise you to have mercy on your equity. 1min chart the original form of this strat would give you an amazing RR and range bars present price in a clear manner.
A wise man once said "If it works son, why spend time fixing it?"
Read in between the price!!!
  • #1,248
  • Nov 28, 2016 7:21pm Nov 28, 2016 7:21pm
Quoting Razor864
{quote} Would that mean if AO is above zero however it is red you should not go long until there is a positive green AO as confirmation (assuming all other parts of the strategy are ok)? And vice versa?
It is my observation with RP's charts that he is going long only on green candle and green AO above 0 (and for short, red candle and red AO below 0).
  • #1,249
  • Edited 8:11pm Nov 28, 2016 7:54pm | Edited 8:11pm
Posting the trades I was in yesterday. Ez - looks like you and I both got out at the right time. These started out well, but they've turned out quite messy.

Calebfx - I agree that this thread should not stray too far from the strategy that RP uses, but just using a strategy as is "because it works" is a very dangerous idea. You should never put your money into a black box you have no understanding of - figure out why it works and use that to implement it in your own trading. Not everyone has the time to be trading on a 1min chart, and broker spreads tend to be quite large in comparison to movements on the 1min charts especially in low volume, so it won't work for everyone


CADJPY
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USDJPY
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  • #1,250
  • Nov 28, 2016 9:59pm Nov 28, 2016 9:59pm
Quoting BandwagonTra
Posting the trades I was in yesterday. Ez - looks like you and I both got out at the right time. These started out well, but they've turned out quite messy.
Yep! ;-)

I will keep an eye out this Asian session, and post here if I see anything worth trading. Right now possibly AUDUSD short. Reason: (1) 0.75 resistance with W R1 and M S1 confluence, (2) weak AUD new home sales. AUDUSD below the cloud and AO red and < 0 on range bars, and (3) AUD weak across the board. USD somewhat strong.

I was also thinking of setting up a chat room (IRC chat or something similar, possibly twitter act), where we can all share ideas in real time. That way it wouldn't clutter up the thread. Would anyone be interested in joint this if set up?

Regards,
EZ
  • #1,251
  • Nov 28, 2016 10:39pm Nov 28, 2016 10:39pm
I've lost a few pips trying to get back into a yen pair. I've been a bit undisciplined in my entry points so thats hurt me a bit but I still see some strength in the yen, especially EURJPY.


I work full time so I probably wouldn't have time to be on a chatroom, but maybe twitter for more real time discussion of opportunities? Would like to keep the less specific overall discussions (opportunities, as well as posting results) here though as I think both are important to helping everyone learn
  • #1,252
  • Nov 29, 2016 12:55am Nov 29, 2016 12:55am
Quoting BandwagonTra
Posting the trades I was in yesterday. Ez - looks like you and I both got out at the right time. These started out well, but they've turned out quite messy. Calebfx - I agree that this thread should not stray too far from the strategy that RP uses, but just using a strategy as is "because it works" is a very dangerous idea. You should never put your money into a black box you have no understanding of - figure out why it works and use that to implement it in your own trading. Not everyone has the time to be trading on a 1min chart, and broker spreads...
Well said mate, now waiting for UJ to give me a trade.
Read in between the price!!!
  • #1,253
  • Nov 29, 2016 1:06am Nov 29, 2016 1:06am
My NZDUSD trade not doing so well, probably should have let go of that trade seeing there is not much room to the upside, would close at -10 pips.

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Read in between the price!!!
  • #1,254
  • Nov 29, 2016 1:23am Nov 29, 2016 1:23am
NZDJPY long looks better than NZDUSD, as there is some USD strength now and JPY weakness. I longed at red arrow:
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  • #1,255
  • Nov 29, 2016 1:45am Nov 29, 2016 1:45am
To be honest i use these indi wich show's strong high's and low's when they ocure wich in these morning hour count ( they are these blue and purpule dot lines if you can spot on charts)... from these levels price bounce strongly...
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  • #1,256
  • Nov 29, 2016 2:28am Nov 29, 2016 2:28am
2 shorts (I know I love shorts ), both were aggressive trades (especially the 2nd one which were near support). Target was near 500 if lvl 550 were broken, but closed trade manually at 50pips when price did the breakout at 550, but retraced.
PS My real trades are at the same lvls, different size position.
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  • #1,257
  • Nov 29, 2016 2:51am Nov 29, 2016 2:51am
Is higher high Kumo twist and acceleration anything to do with uptrend and vice versa lower low with downtrend?

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  • #1,258
  • Nov 29, 2016 3:10am Nov 29, 2016 3:10am
GBPJPY hit my initial target of 90, but increased target and trailed SL aggressively and booked at 80 (Greed loss of 10 )

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  • #1,259
  • Nov 29, 2016 3:15am Nov 29, 2016 3:15am
Be careful with Crude as there is OPEC meeting tomorrow. They are all gathering today, so there may be some surprises today itself.
  • #1,260
  • Nov 29, 2016 3:29am Nov 29, 2016 3:29am
Nice trade (saw the potential long in GJ in the morning, but didnt take it). The cloud as you marked (by definition) is some bars ahead (as generally the ichimoku is), that is why with the twist you have higher highs-lows.
PS a short taken in gold for 30pips
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