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forex1962 replied Feb 4, 2011Right, that makes sense, does this sound right now? (Sorry to be a bit obsessive but it helps me to have the rules written down so I can learn them by heart) Example on 5m chart Buy: Check 5m chart for latest swing high. Check EMAs all heading up ...
Profit All Day System
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forex1962 replied Feb 4, 2011Thank you, so we only really need to consider the ema's on the 15m, when would we need them on the 5m?
Profit All Day System
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forex1962 replied Feb 4, 2011I see what you're saying, but you could miss some good swings on the 5m chart that could set up nicely?
Profit All Day System
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forex1962 replied Feb 4, 2011I've put together what I think is the basic strategy and answers most of the questions I asked, let me know what you think and if everthing is correct Trade set up for 5m chart: Buy: Check 5m chart for latest swing high and EMAs all heading up and ...
Profit All Day System
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forex1962 replied Feb 4, 2011Wow, wish I had your knowledge...sorry to ask a question thats probably been answered but is it ok for the cci to be in the +90/90 range at point of entry or does it have to be moving a certain way, also this only counts on the lower time frame ...
Profit All Day System
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forex1962 replied Feb 4, 2011NFP day — Is it a good idea to trade today considering NFP? One more question, at the point of entering a trade can the cci just be in the 90/-90 or does it have to be moving a certain direction and this only applys to the lower time frame??
Profit All Day System
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forex1962 replied Feb 3, 2011OK UK time 18:13 in London, I'm off to the pub for a couple of beers, or so...hope to catch up with you all later, thanks everyone
Profit All Day System
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forex1962 replied Feb 3, 2011I think I've probably said this wrong again, what I mean is do you have to have a previous low/high before acting on the current low/high
Profit All Day System
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forex1962 replied Feb 3, 2011Does a swing low/high have to be broken before you enter on the next one?
Profit All Day System
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forex1962 replied Feb 3, 2011Thanks Cubby, I think I'm confusing myself here! Just have a bit of trouble finding the right stop loss points. On a broader note, I can't believe how much time and energy I wasted trying to find an 'all green buy' all red sell' system that never ...
Profit All Day System
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forex1962 replied Feb 3, 2011Great, thank you, with your picture I don't get how you get the stop loss, I've arrowed where I thought it went at the previous swing high?
Profit All Day System
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forex1962 replied Feb 3, 2011Thanks for your patience Cubby, I probably didn't expalin very well, if you were looking at a short trade and had your entry point figured and had taken the previous swing high as your sl, if there was a blip and you had a new swing high before your ...
Profit All Day System
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forex1962 replied Feb 3, 2011Suppose you see a swing low and prepare for an entry but then you get a subsequent swing high, but all the signals are still looking good for a short entry, would the swing high after your swing low break point be the stop loss, or would you not ...
Profit All Day System
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forex1962 replied Feb 3, 2011Hi Cubby, I've tried just about every system known to man, but I think this one really does seem a goer, was the attached a good trade?
Profit All Day System
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forex1962 replied Feb 3, 2011Does the CCI have to match both time frames: If you were trading 5m does the CCI have to match at 15m at break entry point? Was this a good trade, I know there was another Swing Low before the break entry, but seemed to be a good trade?
Profit All Day System
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forex1962 replied Feb 3, 2011Ok I think I get it....so when we see a hh or ll this is just the first signal it's actually at the point of the break when we enter the trade that all signals have to confirm, is that right?
Profit All Day System
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forex1962 replied Feb 3, 2011Entry point — Could someone confirm: If all the entry signals are met at the time of the hh or ll does the CCI have to continue to have to be either above or below +90 or -90 at the time of the actual break/entry point? Hope that makes sense?!
Profit All Day System
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forex1962 replied Feb 3, 2011How about this? — I really like to have things as clear as possible, so having revised my summary would this be correct? Thanks to all the more experienced traders for their help and advice. When we get a swing high and CCI +90 does the CCi ...
Profit All Day System