Trading with range bars ichimoku cloud & awesome oscillator

And here GU came through, waited for a long signal only because well I felt an end of day reversal was imminent



My watch today is ended lol.

I took this trade yesterday on GU.

Divergence, trend line broken, structure broken.

Solid 38 pips, I messed up my initial TP so I left some pips on the table.

Was it a valid entry?

Good trade, entry is fine, nothing wrong with your exit.

Great to hear, cheers rockypoint!

I started to trade your system this week and I'm only using microlots to get the proper confidence, rather trade 0.01 lots always instead of demo trading.

Good way to start with any new system.

Nice trades JayBro and thanks RP as usual for encouraging new traders, here my EJ glad I was my trading desk before Frankfurt open would have missed this one

In a Gold trade now..a bit of a late entry, 3 pips actually let's see how this goes

Okay Pip milkers, here is the outcome for my Gold and my ECAD trade



Now ECAD



My watch today is now ended.

4 trades today 2 fx and 2 futures not much action. 3 winners 1 B/E.

One good trade 35 pips made up for a few small losses.

Nice trades RP I see you caught the ECAD as well...As for me I thought my watch was ended but apparently not lol couldn't resist that EJ long

No trades for me the last few days. Work has been busy and getting home late and tired, so not enthused to stay up till midnight trading. I am going to start posting some of my swing trading trades here. This is much less time intensive than daytrading. I'll try to post my reasoning also for trades.

EURUSD: EUR downtrend, USD uptrend. EUR election uncertainty is negative sentiment:
http://www.bkassetmanagement.com/mar...t-needs_10527/

EUR 4 hr: price below weekly pivot


10 pip range bar: price in downtrend cloud, and TDI turning down and near upper band:


3 pip range bar: price breaking below cloud, so shorted, 1.05534, Sl about 20 pips higher above recent highs:

Another one just entered: short CADJPY:





EZ

Just got up, doesn't look like I missed much. Played poker last night, game lasted till 4am, 6hrs. playing and got out at B/E LOL

Okay not the smoothest of days, 2 wins, I loss, I still in play

GU Win



EG Win



The loss was on USDCAD - 20 pips, which has the trade still in play, my watch today is not yet ended

5 trades today 3 fx and 2 futures.

Fellow Traders,

I wanted to give back to this forum and contribute something which I hope everyone can use. Its the least I can do after RockyPoint having shown all of us such a great system!

Anyway, I spent a couple of hours this weekend crunching data, and came up with the attached (all pdfs in zip file) seasonal FX patterns. These seasonal patterns are more useful for longer term traders (like swing traders).

I looked at FX pairs data from 2010 to the end of 2016 (7 yrs), normalized all and looked at % move from the start of each year, took a 5 day EMA of the % moves, then averaged over the past 3 years (black), 5 years (red), and 7 years (blue). See zip files for PDFs for currency pairs.

Sometimes (but not always) the seasonal patterns hold up well.

Example: AUDCHF historical seasonal moves:


All 3 averages moved up for February. Look at what AUDCHF did this Feb (move up).

EURCAD has historically moved down from mid Feb till the end of April:


So this pair may be good for swing trading on the short side.

Seasonality is only one of the foundations of swing trading. You also need to look at fundamental data, sentiment, and of course the current trend on multiple TF's.

RP's system can be adapted for swing trading entry by using a larger range bar spacing (I use 10 pips). I'll try to post more examples here for longer term swing trading.

Regards,
EZ

Edit: Side note: Some of the y axis scales for the first few graphs show 0.02 for example, which is a 2% move. The later graphs I adjusted the calculation, so a 2% move would be 2 (not 0.02).

Thank you very much for your contribution.
I think this is nice complement to RP's intraday strategy.
Thanks again!

Will read your thoughts later, thnx for that.
Was waiting the long from the morning, got out gaud at 6180 (when price retraced at 30 pips-target was around 95lvl), still having the long in gnzd at b/e, waiting if market will give 1.73 lvl????

Nicely done as usual EZ, even though I can't swing trade to save my life, you show what I strongly believe. Any system you use needs to be adapted to your comfort level. There is no black and white in trading, you must trade using discretion not just a rigid set of rules.