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Trading is as simple as ABCD

  • #10,901
  • Jan 10, 2017 6:27am Jan 10, 2017 6:27am
Quoting clivepackham
heres a quick video explaining how I use the trade manager and Trend Hinter Indicator...hope it helps. https://www.youtube.com/watch?v=ASj_...ature=youtu.be I will be posting some live trading sessions soon to show how I use them both in real time... hope it helps....
Thanks Sir, looks great

Where can I find your indicators, EA and templates? can I join your Skype group?
  • #10,902
  • Jan 10, 2017 10:03am Jan 10, 2017 10:03am
Quoting blueman
{quote} Thanks Sir, looks great Where can I find your indicators, EA and templates? can I join your Skype group?

Sure post 10891 has template etc and post 10893 has it in zip folder so help yourself...

As for the skype room please skype me a contact request at clive.packham1 and I will join you up and anyone else interested please skype me too...

All the best Clive
Feel the Fear and do it anyway!!!
  • #10,903
  • Jan 10, 2017 10:12am Jan 10, 2017 10:12am
Quoting clivepackham
{quote} Sure post 10891 has template etc and post 10893 has it in zip folder so help yourself... As for the skype room please skype me a contact request at clive.packham1 and I will join you up and anyone else interested please skype me too... All the best Clive
Thanks, I found it and just sent you a Skype request.
  • #10,904
  • Jan 10, 2017 10:25am Jan 10, 2017 10:25am
Warning : The version of tristans trade manager posted on this thread earlier is flawed as when you drag and drop a symbol from market watch box to change the symbol it still takes trades from the original symbol it was on.

For example if you had a dax chart up and dragged and dropped the dow symbol on the chart to change it to dow, the trade manager will continue to place trades on the original dax chart. It will appear to do nothing when you hit a buy or sell button and not be placing trades. However it will be trading the dax chart and not the dow so opening dax trades without you being aware. Everytime you hit a buy or sell button it will place a new pending order on dax.

Please be warned that if you hit the buy or sell button and nothing appears to happen eg no trades appear on your chart then quickly check your account to make sure no other trades have been activated.

Sorry for any problem this has caused.
Feel the Fear and do it anyway!!!
  • #10,905
  • Jan 10, 2017 11:55am Jan 10, 2017 11:55am
Quoting clivepackham
{quote} See post 10983 it has latest templates etc
I think number is wrong
  • #10,906
  • Jan 10, 2017 4:02pm Jan 10, 2017 4:02pm
Quoting OAPDave
{quote} Its a funny thing but I started my journey in this game many years ago after attending a 2 day Options course in a hotel, think it was at Minehead run by a certain Mr Peter Hall, no axe to grind with him, not saying you are him either, all I want to say, that you have my vote on your thoughts and approach to the subject in question so good luck
Thank you.

(This is definitely a different Mr Peter Hall - Forex/trading was new to me 2 years ago).

I enjoyed your video Clive. I notice you sometimes have trouble sticking to your plan though... you should never have taken the 7 pips when the target was 9.

But that's just me... I stick to the rules implicitly.... after all if it fails it's the systems fault and not yours. So no need to ever be hard on yourself. Create a new system that does not fail.

I also would struggle to sit and actually trade charts each day. I've tried it and it's time-consuming and for me a little like gambling. My system is fully automated and I would only look at the screen if I received an alert to inform me that I was in a trade without S&R to support it.... which is the danger zone.........
  • #10,907
  • Edited 4:50pm Jan 10, 2017 4:36pm | Edited 4:50pm
I disagree and so would a plethora of traders. If target was 9 or whatever and you grab 7 that's almost 80% of target and If you did that 4 times a day well you can make a living. Your thinking is go find a perfect system. Really? There ain't no such thing on planet earth. Without sounding rude you don't understand how the market works or how to trade like a business good luck to you and your money
  • #10,908
  • Jan 10, 2017 5:02pm Jan 10, 2017 5:02pm
Quoting Divergence
I disagree and so would a plethora of traders. If target was 9 or whatever and you grab 7 that's almost 80% of target and If you did that 4 times a day well you can make a living. Your thinking is go find a perfect system. Really? There ain't no such thing on planet earth. Without sounding rude you don't understand how the market works or how to trade like a business good luck to you and your money
We are now back to the 'not possible' way of thinking.

I don't think you are rude. It's your opinion and you are fully entitled to it.

In fact I'm going to agree with you... I don't understand how everybody else is trading which was kind of my point from the start. I'm sure you all do really well and I have no doubt in that.

Things that work for some don't for others. No hard feelings. I just prefer a different approach.
  • #10,909
  • Jan 10, 2017 5:26pm Jan 10, 2017 5:26pm
I was talking about taking profit you are never wrong taking profit enough said good trading to you
  • #10,910
  • Jan 11, 2017 2:50pm Jan 11, 2017 2:50pm
Quoting clivepackham
just recorded another london open session and did a bit better this time so will post video here for all to enjoy.... https://www.youtube.com/watch?v=9n9cgvnen-i&t=841s for some reason its starting halfway through so reset it to the start or you will miss all the fun.. I'm afraid my presentation skills need developing and my performance wasn't brilliant either but you will get the idea plus it will get better as i get use to the added pressure of recording a session as i intend to record as many sessions as i can going forward..hope it...
great great video......you make trading easy and accesible for all......thanks sir.........

I saw you have a free skype room to discuss i would like to join......how can i subscribe?
  • #10,911
  • Jan 13, 2017 5:55am Jan 13, 2017 5:55am
Just done a video of me trading the London open on DAX but its not very exciting I'm afraid as only a 30 pip range for whole of the LO... never mind I came out with 0.5 pips profit which I'm pretty pleased with if I'm honest as it just didn't go any where this morning...

Inserted Video



What can you expect on Friday the 13th!!!!

By the way Tristans Trade manager glitch has been resolved so all good to go again and have attached below, but as with all these EAs etc comes with the statuory warning of use it at own risk and fully test first before using on live account...

Cheers Clive...
Attached File(s)
File Type: ex4 Tristans Trade Manager V4.ex4   624 KB | 570 downloads
Feel the Fear and do it anyway!!!
  • #10,912
  • Jan 13, 2017 12:45pm Jan 13, 2017 12:45pm
Thanks, Clive!

Great videos and very inspiring approach to daily trading. Im trying Tristans toy and finding it very useful to enter in 1 min. It would be perfect if we could choose the corner of display and an input box to change quickly the amount of the trade.

Great live sesions until now.
  • #10,913
  • Jan 13, 2017 2:56pm Jan 13, 2017 2:56pm
Quoting zentauro67
Thanks, Clive! Great videos and very inspiring approach to daily trading. Im trying Tristans toy and finding it very useful to enter in 1 min. It would be perfect if we could choose the corner of display and an input box to change quickly the amount of the trade. Great live sesions until now.
thanks I'm enjoying doing the videos but have chosen a couple of crappy days unfortunately..

You can drag the control panel around the screen wherever you want by clicking the little grey square just above its top left corner, will ask Tristan about the trade size input box too...

many thanks Clive
Feel the Fear and do it anyway!!!
  • #10,914
  • Jan 13, 2017 3:02pm Jan 13, 2017 3:02pm
Quoting ARSpips
{quote} great great video......you make trading easy and accesible for all......thanks sir......... I saw you have a free skype room to discuss i would like to join......how can i subscribe?
Hi ARSpips

If you would like to join my skype room please just send me a skype contact request to clive.packham1 and ask to join The Force trading room..

Anyone else interested in joining my skype room please do the same as long as you are like minded trader trading the 1 min time frame..
Feel the Fear and do it anyway!!!
  • #10,915
  • Jan 13, 2017 3:07pm Jan 13, 2017 3:07pm
Also just to let you know Tristans trade manager glitch has now been fixed and its good to go again so please feel free to download the attached trade manager below and heres the video explaining how to use it..

Inserted Video


Have fun....
Attached File(s)
File Type: ex4 Tristans Trade Manager V4.ex4   624 KB | 658 downloads
Feel the Fear and do it anyway!!!
  • #10,916
  • Jan 13, 2017 9:00pm Jan 13, 2017 9:00pm
Thank you Clive, I learned a lot from your video.
The strategy is amazing!
  • #10,917
  • Jan 14, 2017 3:34pm Jan 14, 2017 3:34pm
Hi, Clive


I was also watching Divergences videos on Nasdaq in your youtube Channel and cant figure out what entries are more precise to handle a pullback. You buy the last candle trying to catch de breakout of de point B and Divergence send a limit order in the opposite direction trying to "buy cheaper" but assuming the risk of a reversal. Both strategies seem very strong. To have a buy limit/sell limit option with SL and TP predefined (Divergences way) in Tristans board should be great. Thanks again for your videos.
  • #10,918
  • Edited 2:34pm Jan 15, 2017 2:15pm | Edited 2:34pm
Quoting zentauro67
Hi, Clive I was also watching Divergences videos on Nasdaq in your youtube Channel and cant figure out what entries are more precise to handle a pullback. You buy the last candle trying to catch de breakout of de point B and Divergence send a limit order in the opposite direction trying to "buy cheaper" but assuming the risk of a reversal. Both strategies seem very strong. To have a buy limit/sell limit option with SL and TP predefined (Divergences way) in Tristans board should be great. Thanks again for your videos.
Hi

I think you will find me and Divergence have precisely the same trading strategy in that we trade the pullback in a trend and try to catch the first one in the new trend.

I wouldn't call mine a breakout trade as that would be the break of point B.. Theres two ways to enter on a pullback trade either at point C (mine and Divergences preference) or break of point B , a breakout entry...as depicted below.

Attached Image (click to enlarge)
Click to Enlarge Name: how to trade the abcd move.png Size: 29 KB


Sometimes by coincidence it may look like I'm breakout trading but I'm actually trading the pullback...

However although we both trade pullbacks, we have a different entry method in that Divergence is identifying where the last push started from (supply/demand piont) and placing a limit order there waiting for the pullback to come back to his limit order. However I identify the end of the pullback by the first colour candle back with the trend then place a buy or sellstop above/below that candle... Both entry techniques have their advantages whereas in Divergences he gets in way before me but quite often price doesn't go all the way back to his limit order. However even on a fairly small pullback , my entry of waiting for the first candle back with the trend does catch it...

As to which is the best entry well its Swings and roundabouts I guess..
Feel the Fear and do it anyway!!!
  • #10,919
  • Jan 15, 2017 2:26pm Jan 15, 2017 2:26pm
Thanks for such a detailed and clear explanation, Clive. You gave me a great motivation to analize and practice in the future. All the best for you.
  • #10,920
  • Jan 15, 2017 3:51pm Jan 15, 2017 3:51pm
Quoting clivepackham
{quote} Hi I think you will find me and Divergence have precisely the same trading strategy in that we trade the pullback in a trend and try to catch the first one in the new trend. I wouldn't call mine a breakout trade as that would be the break of point B.. Theres two ways to enter on a pullback trade either at point C (mine and Divergences preference) or break of point B , a breakout entry...as depicted below. how to trade the abcd move.png;2141038 Sometimes by coincidence it may look like I'm breakout trading but I'm actually trading the pullback......
Hi all

To me as stated in the Skype forum the main issue is to identify the ABCD
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