Yes and then a great 00/25 trade after London close. Simple 4:1 with a wider than needed 5 pip SL but with spreads on EURAUD widening a bit after London closes as the day drags on 5 pips is safe enough. image

Trading is as simple as ABCD

Stop trying to pick tops and bottoms. Stop trying to predict market reversals. Wait for the trend CCI to be "in trend" and trade the first one or two CCI 14 retraces in that trend. Just because the trend CCI drops below +100 doesn't mean it's time ...

Trading is as simple as ABCD

Clive, Please take a look at this risk of ruin table from Chris Capre's website. url As you can see risking 10% per trade you need to win 70% at 1:1 or 65% at 2:1 to remove your risk of blowing your account. Do you feel your edge if traded ...

Trading is as simple as ABCD

Yes I understand (have done loads of reading on it) how the CCI is intended to work and also people's variations over history on how they have made it work. For me I am still in the testing stages for how to make it work for me. Do you need 100% in ...

Trading is as simple as ABCD

For me the best CCI 210 trends are when we are flowing nicely between 100 and 200. Not quickly hitting 200 and then dropping quickly below as we see on your GU chart example. That chart would a no trade for me also.

Trading is as simple as ABCD

Another example of what I just posted about. This as an early Asia trade last night. I got tired of waking up at LO just to see that we had already moved a ton in Asia so I decided to start testing so Asia trades also. We had recently taken out the ...

Trading is as simple as ABCD

A couple of nice test entries (NOTE THAT THIS IS TESTING ONLY - DO NOT FOLLOW THIS AS TRADE ADVICE) on GBPNZD after LO. This is something I have been playing with to get in sooner on established trends. After NYO we had built a sustained CCI 210 ...

Trading is as simple as ABCD

He used his currency meter.

Trading is as simple as ABCD

Looks great Van. Meets all your rules nicely.

Trading is as simple as ABCD

Why is E strength? One upbar closed above the high of E and it was a ND that quickly had it's low taken out. E is only strength if we see buyers after it. At the time you pulled this chart... We did not. image

vsa with Malcolm

Possible GBPAUD long after LO. image

Trading is as simple as ABCD

GBPAUD short I just took. Entry 8121, SL 8126 image

Trading is as simple as ABCD

Nice trade today on GBPAUD just after NYO. Price had made a recent HL / HH with the HH pushing into the 75 level. A retrace of 38.2% for that last leg from the days low to that recent swing high down into the recently crossed MA100 and MA200. We ...

Trading is as simple as ABCD

Chart Dump... image

Prez Forex (pres78) Trading Journal

That is very interesting. Looking at that book you mentioned it seemed that it was more written towards higher TF trading (although there were some different TF trading samples) but I guess you can take those Gartley patterns and find them playing ...

Trading is as simple as ABCD

I would assume that many are drawn to FX because you can open and account and trade with small $ amounts. You can open and trade ECN FX accounts for only $100 and up (some even less with crazy high leverage) where most futures brokers require much ...

Trading is as simple as ABCD

Well leaving it alone the trade was a loser. It was right at NYO and after 30 mins of not even hitting 1:1 I would have closed it. Also as we came into high impact news just now so I would have closed also as I was not protected yet. So live I would ...

Trading is as simple as ABCD

Paper trade in at 82609 SL 3 pips at 82639, safe as I can get over 3:1 before hitting the 50 level. At 1% per trade these trades that hit 2,3,4,5 or more to 1 risk reward add up quickly. You don't need to risk big to see you gains compound and grow. ...

Trading is as simple as ABCD

Keep an eye CADCHF - below yesterday low and 14 CCI has spiked above +100 with divergence...

Trading is as simple as ABCD

CADCHF - CHF at top of Clive's strength meter and CAD at the bottom Price was capped several times under the 8275 level and had recently made a local LL taking out the bottom of the range. Back to 75 level with CCI 70 (and the 14 also) above +100 ...

Trading is as simple as ABCD