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f4mnect replied Mar 2, 2009but EUR is retesting the 1.2600 area, A bounce here if it's clean will get me in long. If it breaks threw, my charts will have to re set to the short side for me to do anything
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f4mnect replied Mar 2, 2009ok i'm out side my trading times now, I'll be watching the charts but not jumping into trades as quickly as I do in my main trading hours
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f4mnect replied Mar 2, 2009My bounce trades with full support from everything on my chart, what this whole set up is about, sure there are other trades this set up can offer you, but the highest probability trade over and over is the Guppy Bounce with Trend CCI showing ...
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f4mnect replied Mar 2, 2009retest of the 1.2600 level with a 34 guppy bounce, pretty nice trade, but news so I stayed away
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f4mnect replied Mar 2, 2009until you get a better feel for a currency and what the markets offering you. leave the trend change trades alone, wait on the 34/55 guppy bounces with everything supporting the trade, right stack on the guppy's, strength on the TREND CCI, stoch ...
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f4mnect replied Mar 2, 2009a EUR trade I took earlier, Red line the Trend CCI cross, I waited until I saw the Trend CCI heading to break the 100 level, as trade went in my direction, I locked in Break even then held, almost took +10, held it...it hit +21 I closed trade +15
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f4mnect replied Mar 2, 2009I find it best to wait a bar on entry for change of direction trades like the trend CCI crossing the 0 line, when trend CCI showing over the 100 levels, I'm quicker on the trigger on the bounces. But in a market like this I do mainly scalp the ...
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f4mnect replied Mar 2, 2009depending on the currency and market. I use scripts with either a 14 pip stop or a 20 pip stop. 20 on entry my preference, then I start moving stop up with Trailinglines script and start working towards a Break Even stop( I very rarely have a full ...
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f4mnect replied Mar 2, 2009If you want and need more confirmation and help staying away from Rangy markets. Drop the 150 Guppy on your chart and us the vstack templates. The 150 Guppy is also pretty good support/resistance.
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f4mnect replied Mar 2, 2009most rangy markets i can still take advantage of. you just have to be quick on your entries and exits. really bad rangy markets yes, most anything else no.
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f4mnect replied Mar 1, 2009This is a time I don't trade, but a good example so I'll post it. EUR again and currently. we get a move to the short side, not a clean signal, but we are showing more bias to the short side, then we get another break short but trend CCI is trying ...
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f4mnect replied Mar 1, 2009no worries, this is a no trade time for me, Time for a 3 to 4 hour nap, see you pre-London open
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f4mnect replied Mar 1, 2009Same chart more info. theirs the short bounce 1st, then we start transitioning to the long side, well before my green line it looks messy to me and not really drawing me in. I find when price changes direction there are a few small bounces while the ...
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f4mnect replied Mar 1, 2009lets look at a chart, it's small. Trend CCI showing me a bias towards the Short side, Guppy's showing me a bias to short side. We get a bounce up, I'm not giving up on the short yet, I'm still looking short, There's the bounce, Quick in and ...
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f4mnect replied Mar 1, 2009Long entry: Candle OPEN above 10sma AND ABOVE THE two guppy's. Yellow CCi line in dual CCi indicator crosses above the 30 sma, and crosses 100. (Is there a preference for the brownish CCi line position?)(Dark Khaki CCI LINE/Histogram is the Trend ...
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f4mnect replied Mar 1, 2009I did a full response to this post but the quote was cut off I'll try again
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f4mnect replied Mar 1, 2009I like price below the guppy's for a short entry, shows me a bias to the short side and the Trend CCI did not support a short trade. It needs to be crossing to the short side(less than perfect trade) or all ready Below the 0 line( little better ...
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f4mnect replied Mar 1, 2009Those Green Arrows were a 8 rsi cross. Something we once used.
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f4mnect replied Mar 1, 2009I changed a few things on what you wrote. there in RED and captialized, wanted it to stand out, I was not yelling
I posted a pic of a nice long entry F4's Journal