Hello from Cornflowerland. I have been following this thread off and on. It's nice to see a return to simplicity. For the scalpers in the house, this is a great way to nab pips on the EURUSD using a 5-min chart. With a 0.9 spread on Oanda, there ...

Simple 5 / 8 moving average crossover

Because they're bad, bad people. That's why. :

Cornflower Hourly System

In post 97, I wrote the following: "if you are trading longer term, 50 pips for cable, 70 for EURJPY and USDJPY, 100 for GBPJPY and GBPCHF, and perhaps 40 pips for the other pairs. When trading longer term, your lot sizes must be smaller to account ...

Cornflower Hourly System

Exits — The guppy is a great entry system, but exits are problematic. I have been receiving PMs regarding exits, so here is a bit on what I look for. There is no fail safe way to tell if the move is over or merely pulling back before the next ...

Guppy Multiple Moving AverAge，GMMA

Protraderfx and Vanupips, welcome to Cornflowerland. There's already a PDF that will answer your questions: url This is a permanent link.

Cornflower Hourly System

The 5 min entry was not intended for beginning traders. Shorter TF trading can be very difficult. You have to act fast and be prepared to bail quickly if your trade does not work out. And risking 5% is simply too much. I would stick to the 1H ...

Cornflower Hourly System

That is exactly what it means. The best trends are indicated by a nice liftoff or descent of the short EMAs from the 72 EMA. If the angle of separation is not clearly visible, then we have stagnant price action, and a lower-probability setup. I ...

Cornflower Hourly System

Of all the indicators out there, the MACD is closest to price because it is a function of the distance between moving averages. My beef with it is its tendency to lag price action. However, Alexander Elder has made a good case for the power of MACD ...

Cornflower Hourly System

Nice work, bullrock. I have never traded off 4H charts because you can't time entry points with the precision that I am used to. That doesn't mean it's not worth looking into. Looking at these EMA values, it seems that the pullbacks are not as deep ...

Cornflower Hourly System

indicators — What's going on with all the talk about indicators recently? Have you guys not been having success with the original CF setups?

Cornflower Hourly System

I know you weren't. CF continues to work. We've had a number of choppy days in the markets recently, but all you have to do is look at the current GBPUSD chart to confirm the continued viability of the system. I can only speculate as to why others ...

Cornflower Hourly System

Hi everyone. Clansman is right; the start of a new term is always a very busy time for me, and I have not been paying much attention to the thread or the markets in general. There's nothing wrong with Cornflower. The system is sound and has ...

Cornflower Hourly System

Holy crap!

NZD fate

Hello hello! — Looks like you guys are doing well. And I am pleased that the Rules document has been revisited. I'll have more comments soon. Just wanted to comment on this post: This is on the money. Systems should be altered to each trader's ...

Cornflower Hourly System

DRAFT Cornflower manual — The PDF can be downloaded from url (it's too big to upload here). Enjoy and have a good week of trading.

Cornflower Hourly System

Well, I cheated. I used the shorter timeframe charts to anticipate the break. Trading the break in orthodox fashion, you would have scored "only" 40 pips. If you trade a system for a while, patterns repeat, allowing you to grasp nuances that ...

Cornflower Hourly System

Actually, the correct thread is: url

Cornflower Hourly System

PDF coming shortly — Someone has been kind enough to collect all of the many posts detailing CF into one document. I am currently doing some light editing and will post the document by the end of the week. This should be considered a DRAFT ...

Cornflower Hourly System

It depends on the position of the shorter EMAs. When they reverse, but are still below or hovering near the 72 EMA, there's a higher probability of the reversal continuing. Again, no guessing needed. Just trade wherever it goes.

Cornflower Hourly System

I also think Kev-K is on the right track, and have noticed the same pattern myself. But remember, we don't need to speculate on what the market might do. All we need to do is use CF to gauge what the market is doing, and then trade accordingly. ...

Cornflower Hourly System