Thanks capito, So in short - Have absolute focus on the index and avoid unnecessary risk by entering before any major news (if the event is really close by)

CICR system (Currency index cross referencing)

the potential gbp/chf trade...a few queries — Hi capito, Still in my demo stages, so far so good...However, patience!!!!So in case of the potential gbp/chf trade....... 1) You will enter "AFTER" the major GBP news event - only if it takes the ...

CICR system (Currency index cross referencing)

Got burned on similar setups... — Tell me about it....I got burned yesterday on quite a few charts that had a similar setup (H4 fresh levels). H4 - AUD/USD (Stopped out) - AUD/JPY (Stopped out) - EUR/CAD is still breathing & struggling came as ...

B.S. Trading with Kenneth Lee

Thankyou — Thanks a lot will be looking forward to it ........ take your time.

CICR system (Currency index cross referencing)

A few more queries — Thanks for the response leekaq. I understand Capito's long term method quite well. I thought while I was demo trading - I might as well try and make sense of the intraday method too (I have read the whole thread quite a ...

CICR system (Currency index cross referencing)

Leekaq's method query — Hi Leekaq, Do you do this by following Capito's intraday method or do you use the lower time frame template that you posted as well as the 35 pips trailing stop?

CICR system (Currency index cross referencing)

I am still demo trading this method and so far it has been good; couldn't trade today though. 43% today????...How much are you risking?

CICR system (Currency index cross referencing)

Nice videos — Thanks for uploading those videos - looking forward to one where you are going to explain support and resistance on the index charts. The default/conventional MACD close on the 1 Hr chart is a recent addition i guess.

CICR system (Currency index cross referencing)

Nice Ken, I really enjoy your posts and am very much humbled.....everyday something new. Keep it coming buddy

B.S. Trading with Kenneth Lee

This is exactly what I interested in too

CICR system (Currency index cross referencing)

Have to agree 100%. This is a brilliant system....Even if you have another system, follwing the guidlines from this system will keep you out of bad trades or will let you pick out the best.

CICR system (Currency index cross referencing)

Hi Capito, Could you explain a little more about your entry? Here is how I would have done it (took it on demo) - 1)Saw the 4 hr macd histogram crosover 2) would have entered right after the RBA rate cut Another query too capito - Since we are ...

CICR system (Currency index cross referencing)

wait for Candle close or not? — Based on what i have read from the thread so far... 1)for the the index charts; candle pierce is enough i.e. with respect to 4 hr and daily, right? 2)On the other hand how is it done for the candles in the ...

CICR system (Currency index cross referencing)

Thanks for pointing that out

CICR system (Currency index cross referencing)

Yeah it makes sense, especially in the AUD - with the RBA ratecut.....how about your stops - always trailing stops or is it 100 pips initially and trailing stops later (i.e. once you move into profit)? Nice trades anyway - guess its about experience ...

CICR system (Currency index cross referencing)

Shouldn't we wait for it to pierce the filter line, get the flow stronger etc.... ?

CICR system (Currency index cross referencing)

Thanks boss.....An explanation couldn't be any more clearer

CICR system (Currency index cross referencing)

USD rising and jpy falling — I know I have been posting like crazy lol.......... When you mean Jpy falling...do you mean that in the index it is rising (rising candles) and correspondingly due to its LFX label - the jpy is weakening. In short, ...

CICR system (Currency index cross referencing)

avail dollar's chf index post — Hi availdollars, I am new to this method.....So I am hoping that you and capito can give me your views on the chf index chart that you had posted. I have attached my chart too (a few hours late, none the less - ...

CICR system (Currency index cross referencing)