Ahh alright makes sense. Thank you for clearing that up for me!

Cable Update (GBPUSD)

Doesn't good news cause prices to raise since there is more demand for the certain currency at a lower price? Supply and demand? I don't really follow the news but I'm watching the usd index and its gaining strength. Just my thought. So news might ...

Cable Update (GBPUSD)

Yup... There's no question that the usd will go up for the next couple of weeks.. Only question is where will the euro find some support? And where will the dollar find some resistance?

EURUSD

Oops.. Well I'm long term as well but not that long! Haha That was just my 2cents. Happy pipping!

Cable Update (GBPUSD)

Although the us economy isn the strongest one in the market right now. It had a greater than expected NFP release and the usd has been bullish for the past month. With a good NFP release as well as unemployment numbers being down I see gbpusd ...

Cable Update (GBPUSD)

I'd be wary of trading this pair for now. I myself am not too sure where this is heading as the usd and aud indexes seem to be heading upwards. No factor of strength vs weakness. With price not breaking the monthly resistance id look for shorts over ...

AUD/USD

aud index has broken a weekly trendline upwards.. not sure how much this has a factor in aud/usd but I'm long audcad.

AUD/USD

shorted this sucker @ .7915 as long as we stay below .8000 we're heading downward, nzd index failed at a monthly resistance. cheers

NZD/USD

I'm also short AUDUSD@ 1.5554 TP OPEN Looks like a long term negative divergence on the aud index confirmed by a macd crossover.. cheers! I'm guessing the aud will be breaking low for the next week or two

AUD/USD

yeah starting at the beginning of the month I use my ccfp indicator to see which pairs are highlighted for trades in the excel spreadsheet. Then I look at the different indexes to confirm an entry.. If I get daily/weekly/monthly all in the same ...

CICR system (Currency index cross referencing)

yup..make's it easier on me to find the setups instead of going through all of the indexes and pairs. Instead I just take the ccfp and excel spreadsheet, plug the +'s and -'s in after a new daily candle opens, and use them in conjunction with cicr ...

CICR system (Currency index cross referencing)

I did the same.. now I incorperate CICR to let me stay in the trades signalled for atleast another 3-4 days if the trade is going well rather than closing my positions and dealing with another spread. less stressful as well. I did see great results ...

Trading system using relative strength

great trades u got there. I've been combining this system with cicr long term system. Right now +150 pips floating. 850 pips banked in 3 weeks

Trading system using relative strength

Just skimmed through this but great points. I also use currency cross indexes to trade with much success. I don't believe in just trading one pair.. Doesn't matter to me what pair it is as long as they're either strong vs. weak vice versa. When ...

Money flows: Trading the strongest / weakest major currency cross

As a trader I believe that discipline is the hardest thing to master as it really only pertains to the individual. Although I'm not an expert, I have been studying the markets for 9 months and thoroughly tested many systems before I actually got a ...

Loser 2 Winner - what changed?

I posted this on forexmechanics but possibly we can get this moved to the non commercial trading systems since the membership is now free?

CICR system (Currency index cross referencing)

Thought more people would jump in on this. I myself have only traded for 3 weeks live and am up 850 pips and 20% Can't wait for the start of the new year and new quarter! My first as a forex trader, come march it will be one year of immense studying ...

2011 Results

can't wait to look for some filter line crosses when the new quarter starts!! I will be using cicr as a secondary system with the "relative strength" system by ES Trader. If the currency indexes can confirm the trades signalled then I will combine ...

CICR system (Currency index cross referencing)

Hope you all have a good weekend and we shall see what the new year brings us!!

AUD/USD