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lever70 replied May 2, 2007Kharvell, great trading. Glad to see that this system with the ridiculous name is working for you. Today we had multiple opportunities for entry on cable. image Every pullback to the 12 EMA was tradable. If you were using the 5 min you could have ...
Cornflower Hourly System
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lever70 replied May 1, 2007Sweet, Sejake. That hourly setup was perfect. Glad you were out before the news. I took 20 off that. What is the EA you have attached to your chart?
Cornflower Hourly System
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lever70 replied Apr 30, 2007They went back to being the Cubbies. Never bet against the trend.
Cornflower Hourly System
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lever70 replied Apr 30, 2007p.s. — The 5-min addition is for active market times only. Forget about using this for the Asian session, which is active only every once in a while. Without volatility, the 5-min chart is useless. (Edit: As you can see from my EURJPY chart, ...
Cornflower Hourly System
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lever70 replied Apr 30, 2007More 5m talk — Again, I want to emphasize that this aspect of my system is completely optional, especially if you are trading longer term. However, short-term traders can benefit by combining the hourly Cornflower with a shorter timeframe. The ...
Cornflower Hourly System
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lever70 replied Apr 30, 2007I talked about this in posts 71 and 89. Sorry if it wasn't clear. I'll post about it again later today when I have time. You don't need the 5M. It just helps with timing the entry a bit better.
Cornflower Hourly System
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lever70 replied Apr 29, 2007I have been using GMMA on a 1-min chart for some time now, though I have altered the system. My template has the following settings: Short-term 3 (green) 5 (green) 8 (green) 10 (green) 12 (green) 15 (yellow) Long-term 30 (aqua) 35 (red) 40 (red) 45 ...
Guppy Multiple Moving AverAge,GMMA
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lever70 replied Apr 28, 2007No, I said "in the direction indicated by the hourly chart." I do not like trading against it.
Cornflower Hourly System
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lever70 replied Apr 28, 20075 min template for timing entries — I am so pleased that forum members are having success trading Cornflower. Thank you all for taking the time to read and learn about my efforts. Cornflower can be traded purely off the 1H chart. But here is ...
Cornflower Hourly System
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lever70 replied Apr 27, 2007I still can't follow how you got into this trade. Glad you made out well on it, but it's not recognizable as a trade according to my rules.
Cornflower Hourly System
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lever70 replied Apr 27, 2007Just on the basis of testing and experience, that is what often happens. We can't predict, but we can anticipate and trade accordingly. 3 stochastics in one pane? That will be a 20 pip fine, sir (payable in pounds, of course).
Cornflower Hourly System
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lever70 replied Apr 27, 2007Did we call that, or what? image Shorts get whacked as big boys accumulate on the cheap ahead of advance GDP, for which they obviously have less than high hopes. I took 20 pips on the break downward off the 12 EMA.
Cornflower Hourly System
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lever70 replied Apr 27, 2007Be careful — image A sharp selloff like this is subject to a significant pullback, perhaps all the way to the 72 EMA. The best Cornflower swing trades start off slowly and gather steam. Of course, if it starts moving down again with ...
Cornflower Hourly System
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lever70 replied Apr 26, 20075m timing — There is really not a lot to it. You wait until price has pulled back on the hourly, then look for a resumption of trend on your M5 chart when the market is active. A break of a lazy range or channel is one simple way to do it, ...
Cornflower Hourly System
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lever70 replied Apr 26, 2007GMT +2 — You need a chart where midnight = NY close at 5pm eastern. I use: url Getting rid of the Sunday bar is essential for a true calculation of average daily range (ADR).
MT4 Platform with no funky sunday bar
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lever70 replied Apr 26, 2007It appears you have a data error that results in a false jump in equity: 42 14/11/2006 S 1.8957 1.8943 12 0.24 1.68% " $44,051.95 " " $50,091.46 " -12.06% 43 22/11/2006 L 0.8092 1.9730 746 14.92 104.44% " $90,059.80 " " $90,059.80 " 0.00% I wish I ...
Great GBP/USD Strategy for Swing Trades
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lever70 replied Apr 26, 2007I fear I may have stoked the flames when I casually mentioned the MACD. But there's no apology necessary. There's nothing wrong with altering a system to suit a marked change in trading conditions and/or the trader's personality. In my most recent ...
Cornflower Hourly System