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CanuckCT replied Oct 29, 2008While we wait for a setup — As I alluded to earlier, and here it is again, there are many instances where the CCI34 crosses zero before the CCI170, RSI is above 55 or 56, HA candles agree and the M5 also agrees (and sidewinder). But because ...
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 29, 2008Tell us more.... — So how do you handle this situation in your trading? OK I'll bite...tell us more. So what r u up to? Cheers CanuckCT
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 29, 2008Another chart — Hello all, Ever trade EURGBP....well here is a good setup...the M1 and M5 charts. 6 pips locked, trailing stop is 15, currently +21.
Cheers CanuckCT EDIT - Result +28 pips (equivalent to 56 EU pips)Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 29, 2008Trades that are +20 to +30 should never, repeat never, be closed at a loss, when trading on M1 timeframe. When you are up that much, as a minimum you should be moving your stop to breakeven. My 2 cents. As was mentioned a few times here already, ...
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 29, 2008Hi Ronald...I just stumbled on to your EA. Will investigate it. Thanks. CanuckCT
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 29, 2008Hey Ronald....I agree. Letting the 170 lead the way is much much safer entry and is how I plan to trade it. It is very mechanical. Have you written an EA for this strategy. Seems doable? Cheers CanuckCT
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 29, 2008I would not have taken this as a short trade. Cheers CanuckCT
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 29, 2008Some discussion please — Since there are differing views as to whether the chart posted in 1211 is a valid long entry, I'll post it here again for some further discussion. Scenario 1 - There seems to be agreement that the 170 should establish ...
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 28, 2008Why not Ronald? Re Post #1211 Cheers CanuckCT
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 28, 2008Aggressive entry? — So waterloo...you would enter as soon as the 170goes positive...even at a gray bar? Cheers CanuckCT
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 28, 2008Thanks, something to assess these moves would be great. I look forward to your indicator. Where in Canada r u from. Kensington, PEI here. Cheers CanuckCT
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 28, 2008How would you enter this trade? — Can anyone comment on how/when to enter this trade? Most of my trades have been with the 34 crossing the zero line and 170 has already established a trend. That doesn't apply here because 34 crosses before ...
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 28, 2008Trailing stop — It depends on what currency. If I trade GBPJPY or GBPCHF, they need room, so 35 pips would be common. For EURUSD, wouldn't be as high. I also look for areas of support/resistance and put stops in that area plus/minus a few ...
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 28, 2008The yellow line is the faster moving line...it's the 34. The kakhi line is slower moving...it's the 170.
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 27, 20083 trades - nice! — Three trades ...I believe they meet the criteria for this system. I traded GJ and GC and not EU. Let them run with trailing stops. Great result. Never though I would trade a 1 minute forex chart. Interesting for sure. ...
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 24, 2008Staying on track — Hello there Hercs, The only reason for my comment was to stay on track on this thread ... your templates and system deserve some discussion, but to discuss it on this thread may create some confusion for some traders as the ...
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Oct 23, 2008Hey Hercs, You have something here...you should start a new thread and lets work on your system Cheers CanuckCT
Powerful 1 Min Scalping System (Fx Prime)
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CanuckCT replied Apr 5, 2008This bickering has to stop..... — video Why can't we be friends? Why can't we be friends? Why can't we be friends? Why can't we be friends? I seen you 'round for a long long time I really 'membered you when you drink my wine Why can't we be ...
X50 - M5 trend following