Theres just one more post I want to do today about these 100lwma reversals. They are always at the high and the low of the day... What do i mean by that??? Have alook back at any 1 minute chart you like and you will see that every days high is a ...

Trading is as simple as ABCD

Just edited my last post and added a point 6) about stop placement, just thought I'd mention it on a new post so anyone following can go back and re-read it....

Trading is as simple as ABCD

Hi Robuk Great question by the way and interesting to see how the 3 of us answer it.... I didn't include it for one reason only, it didn't go over the -100 level on the pullback and this has been considered as one of our "rules" for qualifying which ...

Trading is as simple as ABCD

Thanks Mr V. looks useful for sure, but I am going to stick my neck out a bit here and add something else of value to the system. As you all know I have been constantly searching for modifications to this strategy to improve it over time and I now ...

Trading is as simple as ABCD

Just thought I'd add the market opens to the same chart vertical lines green London open, yelow Frankfurt, red New York , dark green Tokyo. Notice how the 100lwma seems to fluctuate around these times??? Hmmm maybe we could use that to our ...

Trading is as simple as ABCD

Hi Robuk Just be careful reading through the thread as there are some confusing messages here where I was finding my path myself with the strategy but I am confident of where I am now so probably best if I sort of restart the thread from here and ...

Trading is as simple as ABCD

Hi Triquete Welcome aboard I have not been very active here of late but will be back with a vengence next week for sure. First observation I would make is to only trade the right time of day when a new market just opens and new money is coming to ...

Trading is as simple as ABCD

Yes thats right. The theory is very simple, when you have a strong trending pair then the momentum indicators are 70% accurate , check any trade that you would have liked to have traded and you will see how well the CCI signals work. Look at the ...

Trading is as simple as ABCD

Are you referring to the TTindy ??? if so here it is....

Trading is as simple as ABCD

Hi navk Could you post a chart explaining your thoughts please???

Trading is as simple as ABCD

Hi navk Yep either way is fine but I just believe that the trends you're after will set up just after a strong move one way or the other so the overbought/sold areas highlight these times for us. A strong trend on the CCI is defined by staying over ...

Trading is as simple as ABCD

Looks good to me now wait for your 1 hr CCI (168) to go way overbought or sold then wait for the reversal signal on the 1 hr CCI , crossing 100 levels, then look to take first couple of the 5 min CCI's overbought/sold signals. check 5 min market ...

Trading is as simple as ABCD

Hi navk I think your avatar says it all right now, doesn't it???? To answer your question if you want to trade the 5 min as your base chart and use the 14 as your base CCI period then all you need to do is times your base CCI 14 by whichever ...

Trading is as simple as ABCD

Hi Pres78 how you doing??? Heres what I'm saying, we are better off buying oversold markets and selling overbought markets on the 15 min CCI by buying/selling oversold/overbought 1 min CCI signals . We should hold buy trades all the time the 15min ...

Trading is as simple as ABCD

Just another observation about the strongest movers today some of the CAD pairs went overbought on Friday by quite enormous amounts like usdcad +952 eurcad +639 Gbpcad +666 is it just pure coincidence that they went flying the other way today??? I ...

Trading is as simple as ABCD

Well that was interesting both my GBPAUD trades stopped out at BE and no sign of that wave 3 on the 15 min timeframe???? I kinda think these 5 wave patterns are easy to mark out after the act but not so easy before the fact??? CAD was strong across ...

Trading is as simple as ABCD

By the way I'm not really an Elliot Wave trader i'm far simpler than that, just identify the ABCD moves and where they might be in a possible 5 wave move but even simpler than that where is the 1 min abcd move in the higher timeframes abcd move??? ...

Trading is as simple as ABCD

Well if that is the case heres what I've done on that basis, if this is wave 3 on 15min move then I've just sold 2 units one for a short term gain and one to hold for the wave 3 move. image image image Well thats my thinking but of course it ...

Trading is as simple as ABCD

Hey!! Think I might of found the answer??? Have a look at the timeframe above it to see which wave the 5 waves was in the timeframe above. For instance a 5 wave move up on a 5 min chart could be the wave 2 of the 15 min 5 wave down so in that case ...

Trading is as simple as ABCD

Hi Guys Been a bit busy lately doing backtesting etc and have come up with a trading strategy that appears to be working quite well and one of the things I'm doing is using Elliot wave theory to access where I am using a very simple Elliot Wave of 5 ...

Trading is as simple as ABCD