Waterflame, Will it also expand on your cognitive process of technical analysis? or psychological part of this when viewing multiple time frames to make decisions with less emotion/fear/question? Anyway, always look forward to your experienced, ...

Simplicity is the ultimate form of sophistication ( Elite )

Poocher, You are referring to your trading chart time frame? If so, what time frame? I am looking at 15m, 5m, and 1m. i trade off of 5m. I have looking at this and also wondering if higher time frames looking at the 34SMA providing trend or ...

Simplicity is the ultimate form of sophistication ( Elite )

You are asking a question about time frames and pairs to trade can only be answered by you. You need to experiment with a few time frames, pairs, and sessions, to find out what best fits your personality. That also applies to TP and SL too. Good ...

Simplicity is the ultimate form of sophistication ( Elite )

That is all some very interesting feedbacl! I must agree with the open of a session (in my case asian) the signals seem to be the ideal ones to take! Thanks to all of those who provided their comments on this system. i also think correlation aids in ...

Simplicity is the ultimate form of sophistication ( Elite )

Clansman, Based on your picture, do you enter at the open of the candle with the red arrow above it? Or at the close? The candle with the red arrow: what are the characteristics during the time frame duration and the closed completed candle ...

Simplicity is the ultimate form of sophistication ( Elite )

You are asking some very good questions! Hopefully Waterflame will answer them. I would like to know what he thinks. T4L

Simplicity is the ultimate form of sophistication ( Elite )

aud, The cross of the 3EMA to the 34SMA is used for the signal along with the 34CCI index line cross zero line. is this what you are asking about? T4L

Simplicity is the ultimate form of sophistication ( Elite )

Hello All who are trading this method! If you are scalping pairs during the asian session, feel free to log into the www.tradingrooms.com and go to the community room called "ELITE Simplicity". I am usually there and if want to scalp trade. I have ...

Simplicity is the ultimate form of sophistication ( Elite )

GarethC I like the 5min and the 1min to enter time frame too! i find it gets me in quicker and able to achieve 3-6pip gains per trade for the asian markets - only time i have to trade these days. i apply it only to eu and uj. however, i am thinking ...

Simplicity is the ultimate form of sophistication ( Elite )

GarethC, What time frames are you using? What pairs? and what trading sessions? I find during the asian session, using a lower time frame is key for entry. However, the larger time frame (5min and 15min) candle patterns of potential reversal, ...

Simplicity is the ultimate form of sophistication ( Elite )

Clansman, Lower timeframe is great!!! i use the 5min and 1M. 1m mor for entry but heavily depend on 5m for solid patterns - candle formation, market movement, trends high/lows, etc. Note, this is scalping only during the asian markets. Because the ...

Simplicity is the ultimate form of sophistication ( Elite )

T4L, I can appreciate the time involved in back testing. I have a couple of questions and a suggestion that might save some time with regards to the other pairs. On the 13 losses, when the 3ema crossed over, how many pips were the losses? Second, I ...

Simplicity is the ultimate form of sophistication ( Elite )

DAILY chart backtest on GBPJPY 5yrs — CLANSMAN, I completed a 5 year back test starting 1/1/03 to april 2008. signals were mechanical based only on 3 cross 34 and cci cross 0 line. I calculated from entry bar draw down required to reach 60 and ...

Simplicity is the ultimate form of sophistication ( Elite )

Daily Chart to make trades — Waterflame, I hope you are ok with us discussing your method to apply this to daily charts in this thread. If you feel this should be a spin off of your method using a 15M method, please let me know and will you ...

Simplicity is the ultimate form of sophistication ( Elite )

daily charts — Clansman sounds like you have a traders work station dream! nice job! i set up daily charts and 4H to begin my evaluation of 18 pairs to determine which ones provide potentially good daily or weekly moves. It will take some time ...

Simplicity is the ultimate form of sophistication ( Elite )

go to upper right corner of this thread and click on the paperclip. scroll down till you find Woodies CCI indicator.

Simplicity is the ultimate form of sophistication ( Elite )

Clansman Thank you for your tips on time frames. Right now, i am watching / trading only during the asian markets using 5min chart for entry and exit. i look at 15m and 30m to help gauge and create an area of a range. based on what your saying, ...

Simplicity is the ultimate form of sophistication ( Elite )

This is a very good trading method! for me, its hard to trade during london and US hours. in fact, its a shame i cant. i can only trade during asian session. when i look at the london and us times, all i can say is wish i could alter my schedules to ...

Simplicity is the ultimate form of sophistication ( Elite )

go to post #580. click on that link and you should be able to get in.

Simplicity is the ultimate form of sophistication ( Elite )

gbpjpy signal 4/30/08 in asain market — gbpjpy looks like a great entry to long at 206.50 on 5min chart during the asian market now. the TP will be 206.68 - 2/3 of position. the 1/3 will adjust stop accordingly in case this moves near 206.85 ...

Simplicity is the ultimate form of sophistication ( Elite )