GBPCAD trade is over for me in the first week, when the gbp weakness had just begun. Look at both indexes carefully, both are having negative bias. When i look at the cad lfx 4hr the macd has been reading below 0 since past 24 hrs. So if the ...

CICR system (Currency index cross referencing)

CADLFX weakness — Might break S1. Keep a track usdcad, cadchf 4hr chrt intraday

CICR system (Currency index cross referencing)

Good observation, i cant comment on it, as i dont know how is the website calculating it. There is a huge difference in the price quote also. I stick to the lfx , cuz it has produced winning trades on jpy pairs and yes JPY is gaining momentum. So i ...

CICR system (Currency index cross referencing)

That it correct. Many a times trading exit is purely based on when you feel the steam of the trend is running out. By trading daily, weekly and monthly candle in conjunction it only put your trade in a comfortable position. That is one is reason why ...

CICR system (Currency index cross referencing)

Thanks a ton for your input sir, i will have a look at it if you can tell me where can i get it. And yes you are wise man not an old man Happy Pippin.

CICR system (Currency index cross referencing)

Sorry if i have said monthly graph, i meant the monthly CHF candle.

CICR system (Currency index cross referencing)

Kicked myself for leaving early.. anyway i have managed to get into for some gains. OK firstly Leekaq... AWESOME.... great stuff. Now for other queries. Before i answer any queries read POST1 very carefully also the update on post 1. Secondly, a lot ...

CICR system (Currency index cross referencing)

Ok traders, i will be away from my trading desk for quite a while. No real setup's for me. I am looking at the chflfx and it will take hours for the setup to occur if it has to occur. If it does i will look for opportunities in usdchf and chfjpy. As ...

CICR system (Currency index cross referencing)

Live example — hi, Look at the GBPCAD image But also look at the GBPLFX, showing a upward bias, and cadlfx showing a upward bias. The actual trade occured last week not today. I will keep uploading live images on how i look at price in real ...

CICR system (Currency index cross referencing)

hello armando, yes the aud was a qualified currency, ofcourse the audchf, audjpy created a better trend, but yes audusd was also a good trade. With regards to your question, here is my observation. One of the worst part of trading forex is that if ...

CICR system (Currency index cross referencing)

Yes last friday was a perfect entry for chf, the best setup came on chfjpy and many other pairs. Just keep a watch for the monthly candle of the chf. Trade wont arise anytime soon.

CICR system (Currency index cross referencing)

CHF will produce a correction. I was expecting it on friday, CHF correction could produce good trades on chf pairs, CHF correction could produce good trades on usdchf,chfjpy.

CICR system (Currency index cross referencing)

Thanks sary. As i said soon enough you might not using any indicators, just a plain simple candle chart a filter line and watching strength and weakness of indexes and pair them correctly.

CICR system (Currency index cross referencing)

If i get the setup , i will. generally markets go haywire for many days after the 1st 10 days. Which is full of major news releases. You can see it urself, back test the indexes in the 1st 10 days. gives the biggest trades when the major new ...

CICR system (Currency index cross referencing)

AUD example — Do a quick exercise and try to figure out yourself which would have been the best trading months for other currencies. Below is the example for audlfx Thanks. Capito

CICR system (Currency index cross referencing)

The Monthly candle — Please check the images and start understanding the real time MONTHLY candle stick. I will post more examples shortly but this one should give you a understanding that based on the monthly candles which one would have been ...

CICR system (Currency index cross referencing)

Thanks a lot , if you are a scalper you can use 1,4,daily it should work fine as long as you are pairing them correctly. i am just too lazy so like to trade rarely but ensure profitability. And yes the title... Ohhhh the title how i love it "CICR" ...

CICR system (Currency index cross referencing)

Thankyou very much. Honestly you can use the custom macd which i recommend cuz its backtested and forward tested. And one another point, when you are basing your decision on a individual index you are anyway sitting on the driver's seat and stand a ...

CICR system (Currency index cross referencing)

Some how much ever i try to trade on 5 min just i dont get it right. And yes when i have traded 4 hr Index price action its always given huge results. I am very active in the first 10 days of the month basically picking when the monthly candle ...

CICR system (Currency index cross referencing)