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Scalping trading system CCI based

  • #641
  • Mar 27, 2017 1:01pm Mar 27, 2017 1:01pm
Quoting ioni72
Hi Go5, You are right about the volume, these last days it was quit difficult to find something strong, to be able to entry without any fear. But you as well the political and economical context, waiting next Wednesday and the famous article 50 for the UK. Are you working often with the system or do you try it time to time only? Have a nice evening, Ioan
I am watching 8 pairs but don't seem to catch all the "good" ones...yet
  • #642
  • Mar 30, 2017 3:36am Mar 30, 2017 3:36am
Hello traders and friends,

I would like to post a comment about these last days.

I found that it was very difficult, first, waiting for the UK official announcement and second, trading this one. Personally I had two days with losses. As example of how mixed was the market, yesterday I entered 4 times on the market with the BE at +2 as result. That means at least 40 pips in the air, not in my bag, because of the not decision of the market. Plus three losses. -58 pips at the end of the day.

With a proper MM, such a day is just a bad one, we can focus to the new one and to our trading. The system is very strong, it could be even improved.

The conclusion is that we have to say as well when we have some losses not only the happy days with 6 wins in a row.

I wish you all a very nice day,

Ioan
  • #643
  • Apr 3, 2017 12:42am Apr 3, 2017 12:42am
Quoting ioni72
Hello traders and friends, I would like to post a comment about these last days. I found that it was very difficult, first, waiting for the UK official announcement and second, trading this one. Personally I had two days with losses. As example of how mixed was the market, yesterday I entered 4 times on the market with the BE at +2 as result. That means at least 40 pips in the air, not in my bag, because of the not decision of the market. Plus three losses. -58 pips at the end of the day. With a proper MM, such a day is just a bad one, we can focus...
Good morning Ioan and All;
last week was a poor week for me too, I had noting but losses! I hoop this week will be a green week for all of the users of this system.Cheers
Human beings are members of a whole, In creation of one essence and sol.
  • #644
  • Apr 3, 2017 1:40am Apr 3, 2017 1:40am
Quoting MrRijk
{quote} Good morning Ioan and All; last week was a poor week for me too, I had noting but losses! I hoop this week will be a green week for all of the users of this system.Cheers
Hello Mr Rijk,

I hope you are not affected by this the last trading week, the results should be the same for all of us if we apply the same rules, of course.

I would like to remind you, knowing your particular situation, that trading at 1 min is the formula one of this job. But you can go on a higher timeframe, 5 min for example, and the results will be widely better, trust me. You have enough time to work at 5 min, you can stay 8-10 hours in front of your screen, and you can hit your daily target of 1% quietly. Just try it, and show me back your win rate.

Have a nice week to you also,

Ioan
  • #645
  • Apr 3, 2017 2:05am Apr 3, 2017 2:05am
As example for you, I mean Mr Rijk, please take these screenshots and try to find your way whit them.

If you have any question, don't hesitate to ask, I 'll be back here at the end of the trading day.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 03312017_GBPJPYM5.png Size: 37 KB
Click to Enlarge Name: 03312017_GBPJPYM1.png Size: 62 KB
Click to Enlarge Name: 03312017_CCFP_GBPJPY.png Size: 34 KB
  • #646
  • Apr 3, 2017 2:13am Apr 3, 2017 2:13am
Quoting ioni72
As example for you, I mean Mr Rijk, please take these screenshots and try to find your way whit them. If you have any question, don't hesitate to ask, I 'll be back here at the end of the trading day. {image} {image} {image}
Hi Ioan,
it's much appreciated. have a good day
Human beings are members of a whole, In creation of one essence and sol.
  • #647
  • Apr 11, 2017 1:43am Apr 11, 2017 1:43am
Hello traders,

I would like to post a few words about fundamentals. Don't forget, without trying to give lessons to someone,to check the COT report each Friday afternoon, to get a first idea about your next week. The last one, for example, is the historical low for EUR, so , it means that this week EUR has big chances to go down.

We need to understand that and try to catch the right trend. A perfect example was yesterday with EURCAD, when I decided to get out from the trade after going against me at 2%, but in fact, the TP has been hit later during the evening.

A nice week for all of you and Happy Easter!!!
  • #648
  • Apr 11, 2017 3:38am Apr 11, 2017 3:38am
Quoting ioni72
Before the entry, the confirmation by CCFP, for the example above {image}
Hi ioni72,

I'm very interested with this scalping system. I've already loaded this to my MT4. Just a quick question. How do I go to CCFP?
  • #649
  • Apr 12, 2017 6:14am Apr 12, 2017 6:14am
Quoting Eaglefx274
{quote} Hi ioni72, I'm very interested with this scalping system. I've already loaded this to my MT4. Just a quick question. How do I go to CCFP?
Hello Eagle,

Thank you for coming here. There are two ways to get it: first, you download this indicator somewhere on FF site and second, you can download it below.

How to apply the information provided by the CCFP: one leg should be above zero line and the other one below and the difference between the two legs should be at least 0.0004. And all the others conditions are met , of course. As an advice , try to trade 5 min or higher, I'm not very happy myself with 1 min results.

Have a nice day,

Ioan
Attached File(s)
File Type: mq4 CCFp_1.mq4   19 KB | 357 downloads
  • #650
  • Apr 12, 2017 6:23am Apr 12, 2017 6:23am
Hello traders,

I would like to propose a chart with what we can wait from a chart. A 4h one, from EC.

Yesterday, I entered the market without checking first the higher tf and obviously the market went against me. But after my little analyze, I decided to keep the position, even to hedge. Why to hedge? Because the master analyze showed a perfect setup , with the price hitting the 38.2 fibo level. We are never 100% sure so, I covered the position for the situation where the price was going higher, toward 50%.

Of course, it means that I have to manage now two losses but at a level decided by me not by the market.

This is the chart, with one lesson unforgettable: check always the higher tf before trading.

A nice day to all of you.

Ioan
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 166 KB
  • #651
  • Apr 12, 2017 9:23am Apr 12, 2017 9:23am
Hello traders,

And finally a bad story for all of you.

I was scammed and it is a shame to arrive at this point.

I don't like to write down bad feelings but I just wanted to prevent you. Most of you have sentiments and act like humans, but don't believe people who appear to be very interested in your works.

I will try to calm down myself and tomorrow I will explain for all of you what happened and asked your opinions.

I wish you a nice evening,

Ioan
  • #652
  • Apr 13, 2017 4:18am Apr 13, 2017 4:18am
Hello traders,

First of all, about what happened yesterday. Before posting more details, I sent a request to the administrator of FF website to ask his opinion about the better way to present this kind of situation. After having his answer I will post here what it will be possible to post and if there will be no problem to write down all my experience I will do it, for all of you , to be able to avoid and to detect such a problem very quickly.

For the technical part of our thread, I will be more present, obviously, and I will post here as usual charts and analysis about this system and the improvements that we could find all together to get it better.

I would like to present now a short version of the main system with explanations on charts. The trend to be follow is detected on the higher time frame, 5min. To pin up our entry we look at 1 min chart, SMA 13 below the candle of reference and the other conditions already presented here.

Let's have a look at these charts, 5min, 1 min and the confirmation by ccfp. The target in pips is set at 15, but there is no rule for that, you could close the trade whenever you want. We call that the sentiment. If you don't feel safe, just get out of the trade.

I took 2 trades this morning in a couple of minutes and here are the charts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 04_13_17_EURJPYM5.png Size: 54 KB
Click to Enlarge Name: 04_13_17_EURJPYM1.png Size: 52 KB
Click to Enlarge Name: 04_13_17_ccfp_M1.png Size: 40 KB
  • #653
  • Apr 13, 2017 4:28am Apr 13, 2017 4:28am
The first trade was a short EURJPY and the second one a s short ERAUD.

For the EJ the TP has been hit. For EA, I didn't feel safe with the major support line, not seen on the chart, represented by the SMA 200 4h and decided to close the order after the price retested this line, with a small profit.

The daily target in % is at least 0.5%, it means 10-11% per month, without any stress, with one entry per day, or more, this is up to each of you, but with just 15 pips. In this case we are at 0.7% in 54 minutes. Not too bad. It means 15.4% per month. If I think better we can live quietly with this performance.

I will be present all day long if you need to talk to me.

Here is the second chart.

A nice day to all of you,
Attached Image (click to enlarge)
Click to Enlarge Name: 04_13_17_EURAUDM1.png Size: 49 KB
  • #654
  • Apr 13, 2017 4:52am Apr 13, 2017 4:52am
Hi Ioni
I understand that you are not applying your tactics all the time
Only the first trend and only come in?
BR
  • #655
  • Apr 13, 2017 5:14am Apr 13, 2017 5:14am
Quoting piotrekk2000
Hi Ioni I understand that you are not applying your tactics all the time Only the first trend and only come in? BR
Hi Piotrekk,

Nice to see you right here.

Personally, I work with one system with several options. I like to improve permanently my strategy and for example, following the main trend of a higher time frame is one of things that we can do to improve our trading. Once this trend is catched, we simply follow the rules of the system, nothing else.

It's our duty to look for better ways of trading, as full time traders. In your day job you have to find the way to become better, this is a rule that all companies always apply.
  • #656
  • Apr 13, 2017 5:30am Apr 13, 2017 5:30am
Watch the thread all the time and I noticed that the signals given by the system often reported a loss of position

It seems to me that you can not do this automatic trend
Determining the trend can actually improve the system
Your system works very well with a strong trend

BR
  • #657
  • Apr 13, 2017 6:34am Apr 13, 2017 6:34am
Hey ioni, i realy enjoy your thread, even if i aktually dont trade your strategy. You know why i stil reading? Actually because of you, i like your charakter, i mean of cause this what i can read here... anyway, to the point of improving your system: i guess the worst point in this system is the bad cr ratio and the pressure always to win because otherwise loosingdays or weeks like the last one (or the week befor?) destroy in doubletime your hard earned money...unfortunately i cant give you any advise now, i guess just change the cr will be not enough...
  • #658
  • Apr 13, 2017 6:52am Apr 13, 2017 6:52am
Quoting piotrekk2000
Watch the thread all the time and I noticed that the signals given by the system often reported a loss of position It seems to me that you can not do this automatic trend Determining the trend can actually improve the system Your system works very well with a strong trend BR
I agree with you Piotrek. This system works very well in trend and we are in trend about 5% of time only, reading the statistics.

I think if you have a look at the higher time frames you could have better results.

As you know, Jagg has coded a very good indicator and he is working hard to get even better results by including new security zones. The next step is to change the indicator in a good expert advisor.

There is no 100% winning system but this one works, even manually, at 80%. All differences are between us and our ability to find the right entry with the right MM. We are humans and the stress is our first enemy so we should fight it. How? By reducing the positions until we are comfortable.

Try 5 min or 15 min and you can have a good view of the potential of this strategy.

And don't forget: this is my personal contribution to this site, I earn nothing from here, I'm just happy to help a little bit. I'm not a coder and this work is mine, for years.

People who want to use it, could do it, but never forget you are adults and your personal decisions involve just you.
  • #659
  • Apr 13, 2017 6:58am Apr 13, 2017 6:58am
Quoting ioni72
{quote} I agree with you Piotrek. This system works very well in trend and we are in trend about 5% of time only, reading the statistics. I think if you have a look at the higher time frames you could have better results. As you know, Jagg has coded a very good indicator and he is working hard to get even better results by including new security zones. The next step is to change the indicator in a good expert advisor. There is no 100% winning system but this one works, even manually, at 80%. All differences are between us and our ability to find...
I greatly appreciate your help to people. He does not have many people who do it selflessly.
This is not a criticism only my observations
  • #660
  • Apr 13, 2017 7:05am Apr 13, 2017 7:05am
Quoting proctor
Hey ioni, i realy enjoy your thread, even if i aktually dont trade your strategy. You know why i stil reading? Actually because of you, i like your charakter, i mean of cause this what i can read here... anyway, to the point of improving your system: i guess the worst point in this system is the bad cr ratio and the pressure always to win because otherwise loosingdays or weeks like the last one (or the week befor?) destroy in doubletime your hard earned money...unfortunately i cant give you any advise now, i guess just change the cr will be not...
Hello proctor and thank you for your nice message.

Yes, you are right. The system could be improved. But I think it is our job, individually, to analyze and take the right decision. Entry or no, trade or no?
The perfect system is something where we don't need to change the timeframe , just have all informations on the screen and win 100% of the trades. Or we know that this is impossible. We are not the market makers and we should adapt our position and strategy permanently to the market. Our duty is to follow the main trend and I think we could find every day at least one opportunity to entry on the market.
We will be never millionaire with this job, but we can live quietly.

Thank you also for your kind comment about my person. I'm trying to be available for those who are around me. But I don't like profiteers and those who want just take profit from me without any scruple. This comment is not for you , obviously.

I wish you a very good day,

Ioan
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