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CCFp weekly signals (set and forget basket trading)

  • #5,081
  • May 18, 2017 11:18pm May 18, 2017 11:18pm
Quoting firewight
{quote} there is an excel sheet on post 1 that allows you to calculate this manually when setting your stop loss. the risk per pair can only calculate accurately when knowing what stop loss you wish to set, otherwise it is calculating a % of balance to use as a lot size, and calling that the "risk"...
Cheers for that downloaded already
The arriving better than the arrival, the journey has just started
  • #5,082
  • May 19, 2017 12:40am May 19, 2017 12:40am
Today for the first time I saw the basket did not trade because no pairs matched the criteria!

FF, W1 + D1 (MTF), Trade level 1 (the lowest)

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Life is like a snickers, its full of nuts!
  • #5,083
  • Edited 3:00am May 19, 2017 2:28am | Edited 3:00am
I'm trying to copy and reverse the trade from demo to real, it looks good so far.

10080 TF

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  • #5,084
  • May 19, 2017 2:34am May 19, 2017 2:34am
Quoting htawfik
{quote} Hi Forexpinbar Thanks for sharing with us your results, your help is really appreciated what is your today (thursday) results for the 12 baskets? I started to use the same setting exactly but it finished with negative 1140 pips to summarize my understanding: start at 9:00am GMT time end at 12:00 NW time (21:00 GMT) 12 Baskets covering the combination of levels 2, 3, 4 and 5 with FF, FT and TF no take profit or stop loss did i miss something?
hi
same with me here.
my 12 basket -2220 yesterday. but its okay, coz still figure out this strategy. need more test,
coz i still test it for 3 days. lets see what will happen today
  • #5,085
  • May 19, 2017 2:39am May 19, 2017 2:39am
With all my respect to Forexpinbar, I believe the negative results should also be posted, not only positive ones; otherwise it makes people think they should expect 2000+ pips everyday with no losses. So far we only see 2000+ pips results from May 15th, and nothing from other days.
So I would very much see his everyday results for a stretched period of time, let's say two weeks = 10 posts.
  • #5,086
  • May 19, 2017 2:45am May 19, 2017 2:45am
Quoting firewight
Today for the first time I saw the basket did not trade because no pairs matched the criteria! FF, W1 + D1 (MTF), Trade level 1 (the lowest) {image}
D1 + W1 = True False and MA 5 & 12

Off to a good London start

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It takes a lot for me to IGNORE you, but you can try.
  • #5,087
  • May 19, 2017 2:50am May 19, 2017 2:50am
Quoting Erebus
{quote} D1 + W1 = True False and MA 5 & 12 Off to a good London start {image}
Aye, there is so many variables going on that to nail down any single one as being the most consistant is very difficult...

1440 set today @ 7.05 start, behind the curve at the moment...

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Life is like a snickers, its full of nuts!
  • #5,088
  • May 19, 2017 3:06am May 19, 2017 3:06am
Quoting firewight
Today for the first time I saw the basket did not trade because no pairs matched the criteria! FF, W1 + D1 (MTF), Trade level 1 (the lowest) {image}
I find that this type of basket Mtf W1-D1 does not have pairs to trade on FF FT
but i always find some pairs appearing on TT which i dont really want to use but i try it today
and the the usual TF too
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The arriving better than the arrival, the journey has just started
  • #5,089
  • Edited 8:46am May 19, 2017 3:27am | Edited 8:46am
Folks:
So far I have 9 straight weeks of profit on my live account. The account has increased 82%.

This week was the first week that I had to close the basket with losses. This was an excellent opportunity to
conduct a recovery. So to explain this is what happened:
Monday: -8.3%
Tuesday: -4.29%.
Wednesday: +13%.
Net result: 0.4%. ==> Mission accomplished, recuperated the loss and kept the profit streak alive LOL.

Nothing complicated. I have a set stop which is -15%. If during the week my basket hits that loss (-15%) I stop. Done for the week.
I then setup the EA for the following week.

My setup has not changed:
1. Open basket at 11:00 GMT Monday
2. Indicator settings W1, T,F Level 2

Target/Stop Loss criteria:
1. Target is 10% (set in EA) within 15hrs, or if I SEE profit greater than 7% I close it manually (RED BUTTON).
2. Max total stop loss for week is -15%. If -15% is hit close all trades and sit on hands (SOHs)
3. If loss is less than 15%, try to recover loss by attempting to open new baskets(same open hour). Trade only up to Wednesday.
4 Don't trade on bank holidays, RED news near my open times, or on special events (such as the french vote).
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Our AWESOME IMAGINATION is the true holy grail!
  • #5,090
  • May 19, 2017 4:03am May 19, 2017 4:03am
Quoting xmess7
Folks: So far I have 9 straight weeks of profit on my live account. The account has increased 82%. This week was the first week that I had to close the basket with losses. This was an excellent opportunity to conduct a recovery. So to explain this is what happened: Monday: -8.3% Tuesday: -4.29%. Wednesday: +13%. Net result: 0.4%. ==> Mission accomplished, recuperated the loss and kept the profit streak alive LOL. Nothing complicated. I have a set stop which is -15%. If during the week my basket hits that loss I stop and setup the EA for the following...
Nice job mate! I suppose you opeeng tuesday and wednesday also at 11 GMT?
  • #5,091
  • May 19, 2017 4:05am May 19, 2017 4:05am
Quoting xmess7
Folks: So far I have 9 straight weeks of profit on my live account. The account has increased 82%. This week was the first week that I had to close the basket with losses. This was an excellent opportunity to conduct a recovery. So to explain this is what happened: Monday: -8.3% Tuesday: -4.29%. Wednesday: +13%. Net result: 0.4%. ==> Mission accomplished, recuperated the loss and kept the profit streak alive LOL. Nothing complicated. I have a set stop which is -15%. If during the week my basket hits that loss I stop and setup the EA for the following...
Interesting xmess7, Thanks posting your results,and for all your hard work on the ea. For me,its going to be about risk and risk management which im still working on until im confident .all the results and info people have posted are helping get this right.
  • #5,092
  • May 19, 2017 4:17am May 19, 2017 4:17am
short review so far: London L2, FF and TF stopped out, Frankfurt L4, FF still running +50p., TF no trade...
I never lose - either I win or I learn...
  • #5,093
  • May 19, 2017 4:20am May 19, 2017 4:20am
JPY weakness spoiling things today
but Fridays are such anyway _ Today Demo only
Also wish there was some sort of indicator which would show the pairs in profit
or those losing with the pips and Currency beside P/L_
Didn't find anything similar yet ...
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The arriving better than the arrival, the journey has just started
  • #5,094
  • May 19, 2017 4:27am May 19, 2017 4:27am
i do a testing based on jenbols daily 5-12 and applied it to weekly 5-12 and using for daily trade
open at 0700 gmt

pls ignore weekly FF since i have problem ea opening the trade. it opens later around 0800 gmt
will conduct more testing next week
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  • #5,095
  • May 19, 2017 4:32am May 19, 2017 4:32am
Near the MAX for the day right now 90+ pips 1.0%, just AUD strength needs to drop or CHF get a little strong to flip the AUDCHF and EURAUD



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It takes a lot for me to IGNORE you, but you can try.
  • #5,096
  • May 19, 2017 4:33am May 19, 2017 4:33am
  •  dweex
  • Joined Mar 2017 | Status: Strategi ABC (Asal Biru Close) | 44 Posts
2 day trading small live account, thx forex Pinbar
TF 1440 D >>> L2-FT , L3-FT , L4-FT , L5-FT
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Go Green
  • #5,097
  • May 19, 2017 4:43am May 19, 2017 4:43am
Quoting dweex
2 day trading small live account, thx forex Pinbar TF 1440 D >>> L2-FT , L3-FT , L4-FT , L5-FT {image}
Did you open at gmt 9 ? Stop loss?
  • #5,098
  • May 19, 2017 4:44am May 19, 2017 4:44am
Quoting jenbols
JPY weakness spoiling things today but Fridays are such anyway _ Today Demo only Also wish there was some sort of indicator which would show the pairs in profit or those losing with the pips and Currency beside P/L_ Didn't find anything similar yet ... {image}
You can use the virtual basket (set trigger level to e.g. 5000) provided by X-mess7 (Thx) just to monitor the individual trades.
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  • #5,099
  • May 19, 2017 4:45am May 19, 2017 4:45am
Quoting amr01
Good day all fellow traders, I've been reading my self into this thread for 2 weeks now. testing on demo and a little on live account . so far not so succesful. what i'm wondering, is there a setting ( 10080/1440) level FF/TF/FT , time of start that has been profitable over a good period of time (more wins than loses ) Because i see posts where there is a lot of pips earned with a setting, but not one that is lasting that profit over time ( or i did miss it ? ) Im just saying a setting that is winning for the last 2 weeks ...E.G was not so winning...
Keep testing and find what works best for you..What works best for you may not necessarily work best for something and what works best for something else may not necessarily work best for you..There are so many variations of the CCFp strategy that you can trade so you are not limited.Just find the style that fits your personality..Only you can find that style...Goodluck
Goal of a successful trader is to make the best trades. Money is secondary
  • #5,100
  • May 19, 2017 4:54am May 19, 2017 4:54am
Quoting xmess7
So to explain this is what happened: Monday: -8.3% Tuesday: -4.29%. Wednesday: +13%.
Net result: 0.4%. ==> Mission accomplished, recuperated the loss and kept the profit streak alive LOL. Nothing complicated. I have a set stop which is -15%. If during the week my basket hits that loss I stop and setup the EA for the following week. My setup has not changed: 1. Open basket at 11:00 GMT Monday 2. Indicator settings W1, T,F Level 2 Target/Stop Loss criteria: 1. Target is 10% (set in EA) within 15hrs, or if I SEE profit greater than 7% I close it manually...
Can you please make one point clearer: if by the end of the day you're in loss less that -15%, do you:
- close all trades with losses (I suppose you do, since you say: Monday -8.3%, Tuesday -4.29%...) and open a new basket next day (at 11:00 GMT ?);
OR
- you let the basket in loss running, and open a new one the next day (effectively getting up to 3 baskets for a week: Monday, Tuesday and Wednesday)?
Thanks.
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