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jiva34 replied Oct 20, 2016Here's a CCI indicator with alert... Here are the settings.
Trading strategy #5053 :>)
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jiva34 replied Oct 20, 2016Didn't get to sleep until after 12am, so forget up at 2am for London. But did make it up at 4am If I had been able to trade sometime around 2am EST there was a good trade there long on EURUSD. As it is I caught it reversing short. So there is the ...
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Hmmm. Had some time to look at MACD based 1... I'd forgotten how nice MACD is. Nice. Will try it out in the morning. London... Thanks.. CRoss of zero on MACD base 1, roughly corresponds to CCI overbought and oversold.
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Some strategies work great in some markets and fall flat in others. Psychology isn't the least of the problems. I'm going to stay with this. Everyday there at least 2 or 3 set ups during busy market times. Like around market opens and data releases. ...
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016I want to apologize for the exchanges with someone named "Anusragger." I should have just ignored him after his very first post.
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Thanks. Who knows maybe it is a dud.... But not after one trade. Actually During London there were 2 good trades. So it was breakeven for the day. But on a public forum it's like the door is open and you never know who is going to wander in... like ...
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016CCI is there in the bottom window. Looks good.Good luck. Keep in touch.
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Looks like that's it for today for EURUSD. You never know though what will spark the market. anyway I'll give this another whirl tomorrow... London open. One good thing is it is getting me to get up early... Up by 2am. Maybe I'll look at some other ...
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016A false breakout happens when there really aren't any buyers for going long or sellers for going short.... It's just some stops getting taken out.
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Ha ha... I don't know if it was that many exactly. I lost count.. Thanks for the good wishes. One thing is for sure I'm not putting any money into anything until it works..

Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Trying to set up again. This time for a breakout to the downside... The yellow ADX can be a little confusing if you're not used to it. It is not the line that determines the direction. It is the line that determines the strength of the move. The red ...
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016I think the main thing to watch is the yellow ADX. When it crosses above 20 a "new trend" is beginning, Which means momentum and an easy 5 pips. Whichever ADX, red or green crosses up is the direction. Not sure about where they are when green and ...
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Trying to set up again... for breakout on the 5 min Failed again. There's data release in 10 mins... marked high impact ... crude oil... The break out could be to the down side... This strategy should get it right... Wait for it...
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Typically, the yellow ADX line will cross up the 20 first then the CCI will cross 100 for buy or -100 for sell on the next candle. Wait for the close of that CCI confirmation...
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Good luck. Keep it simple.. And WAIT. Keep in touch..
Trading strategy #5053 :>)
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jiva34 replied Oct 19, 2016Setting up? Maybe... That yellow ADX line really needs to cross above 20. That indicates that there is a trend so won't get caught in sideways market. I keep the BB Bands on the chart. Although they are not part of the signal the 20 SMA is there.
Trading strategy #5053 :>)
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Trading strategy #5053 :>)
Started Oct 19, 2016|Trading Systems|52 replies
A strategy even if it is a good strategy it is only as good as the person trading it has ...