aud on the rise

CICR system (Currency index cross referencing)

Followed Cap's and Lee's intraday rules got in on nzd/usd, aud/jpy and eur/jpy ..euro and swizzie hit break-even stop before making the biggest gains

CICR system (Currency index cross referencing)

M30 MACD1 cross

CICR system (Currency index cross referencing)

nzd long ..pull-backs in progress

CICR system (Currency index cross referencing)

Excellent webinar!

CICR system (Currency index cross referencing)

You're a trading machine Lee! I got in on cable, euro, aud/usd and nzd/usd but I misread the lfxjpy so I didn't see the yen trades

CICR system (Currency index cross referencing)

This is fun, nice to wake up to +300 pips. Many thanks again to Cap, Lee and other contributors. McNish's posts helped me to spot some trades I would not have considered.

CICR system (Currency index cross referencing)

Your explanation is crystal ...I see the picture better now

CICR system (Currency index cross referencing)

Very well written! For step 5 choosing your best pair would you add looking at opposing indexes i.e. strong vs weak. E.g. GBP/USD would be the best pair if your index analysis points to GBPLFX as the strongest and USDLFX as a weak index.

CICR system (Currency index cross referencing)

Great vids Capito, very helpful!

CICR system (Currency index cross referencing)

From what I understand the position of the RSI is key, especially D1. For short it must be coming down from above 70; for long rising from below 30. You want to enter before it crosses the 50 line. If H4 gives a similar signal and the RSIs agree H1 ...

CICR system (Currency index cross referencing)

Thanks, I agree ..I stayed out

CICR system (Currency index cross referencing)

I'm seeing a lot of intraday signals for AUD, USD and JPY pairs now but most of them have significant support/resistance ahead. Do we wait on price to breakthrough and maybe miss the opportunity or enter immediately on the signal?

CICR system (Currency index cross referencing)

aud/cad already falling, didn't catch it ...aud/chf looks a good short

CICR system (Currency index cross referencing)

Thanks, I meant to say were all your trades prompted by CICR? You saw a lot more opportunities than I did.

CICR system (Currency index cross referencing)

Capito you have generously provided a missing edge ..many thanks, will be looking carefully at the monthly candles

CICR system (Currency index cross referencing)

For step 5a do you look for price behind the filter line on all TFs?

CICR system (Currency index cross referencing)

I took positions on GBP/CHF and EUR/GBP ..where all your trades prompted by CICR?

CICR system (Currency index cross referencing)

Yes EUR/GBP does look the better choice ..thanks

CICR system (Currency index cross referencing)

GBP/CHF RSIs pointing down above 70 on H4, D1 and W1. MN RSI pointing up though, also above 70. GBPLFX RSIs also short, above 50.

CICR system (Currency index cross referencing)