- Search Crypto Craft
- piprac replied Jun 6, 2014
I'm with MetaSecret, I just use the standard ichimoku and it has worked well except my last trade, usz/usd sell, was a loss but I tightened the stop too much Wed. night before going to bed. But using the top of the cloud would not have resulted in a ...
Ichimoku Kinko Hyo
- piprac replied May 19, 2014
Question: often when trading a strategy we are told to look at the next higher TF to see if the trend there agrees i.e. if trading the D then look also at the W. and is the trend the same for both. Is this important for inchimoku? I see very very ...
Ichimoku Kinko Hyo
- piprac replied May 6, 2014
usd/chf. My H4 sell stop @ .8770 was hit late yesterday @ 22:39 cdt. SL was initially @ .8798 (2Xatr 15) and TP @.8714 (4XATR 15 as seen on the Daily). After dropping to .8733 I moved the SL to BE +.8765, a bit tight I know but I won't let this turn ...
Ichimoku Kinko Hyo
- piprac replied Apr 11, 2014
Sorry, I remembered a comment that "we don't trade crossovers, we trade trend resumptions after a pullback" but that statement was made by Felicia in her "Cornflower" thread, very similar idea but your charts are cleaner IMO.
TEB: 20 RSI and 5 & 12 EMAs
- piprac replied Apr 10, 2014
Is a 1H cross as good as a resumption of the trend after a pullback? Assuming of course that the rsi on the 4H & D. comply. p.
TEB: 20 RSI and 5 & 12 EMAs
- piprac replied Apr 9, 2014
I understand that trading the 1H can be done anyti8me; I was thinking, and I wasn't clear, that I wanted to use your strategy on D-W-M but I'm unwilling to hang around until 11pm for the new day, the Daily, so I am thinking of the new 4H at my 7am. ...
TEB: 20 RSI and 5 & 12 EMAs
- piprac replied Apr 9, 2014
Teb - Like you I also use Oanda but I don't like the time of the daily rollover, midnight (ET, 11pm CT). I'm an early to bed, early to rise type so I want to trade the 7am 4H - D - W scenario. Question: should I use the 1H or still the 15M to double ...
TEB: 20 RSI and 5 & 12 EMAs
- piprac replied Mar 21, 2014
I like Teb's suggestion of using psar on the 15M TF for entering, it does take some patience as I see an entry on the 1H but not a confirming psar on the 15M. Still testing it. p
Cornflower Hourly System
- piprac replied Mar 20, 2014
Thank you Jeff, I'll do some reading over there. p. ps - I have added the usd/chf, it is inversely correlated but seems to mimic the two that Phillip suggested. I don't look at any other pairs just the 3 mentioned.
5Min Intraday System
- piprac replied Mar 19, 2014
The settings look pretty good as long as I stay with H1 or below - the settings for the macd might be questionable though.
5Min Intraday System
- piprac replied Mar 19, 2014
I haven't read every post but and wondered if anyone uses this on the H1 TF? In these topsy-turvy markets I feel shorter TFs are best but I don't like being tied to the computer every 5 minutes looking for 10 pips so I am trying the H1 right now. ...
5Min Intraday System
- piprac replied Mar 6, 2014
Striving - throw a 14 period ATR (from the mt4 indicator list) and scroll thru the TFs to see where a 10 p. SL might work, probably 5M or 15M but it would depend also on the pr you are looking at.
Ichimoku Kinko Hyo
- piprac commented Mar 1, 2014
And they are doing a good job of elimination.
NFA proposes to eliminate board seat allocated to retail forex dealers
- piprac replied Mar 1, 2014
I don't see how 'stacking' can work well in the US because of the Dodd/Frank forex reforms that insist on FIFO. I had a nice $/Y trade going so I added another trade but then the pair went sideways and the 2nd 'stacked' trade was in a small loss. I ...
As Easy as "PI"
- piprac replied Feb 18, 2014
[quote=francis3388;7286439] Regarding the above system may I ask whether the 200 EMA IS USED for HI EU/ GU trade. That means if the price/candle is above the 200EMA AND BOTHE the AO & AC are green in color, we go long, & vice versa for short ...
Accurate Trading Strategy
- piprac replied Feb 5, 2014
My long on this pair got stopped out last night, I had entered at 20:00 cst @1.1092 on the H4 trade. The best reason I shouldn't have taken it was a poor R/R ratio. I'm not getting this as I have lost on 3 successive H4 trades, not all US/CAD, plus ...
Simple, Non-subjective, Consistent, Effective
- piprac replied Feb 4, 2014
I believe you are describing an OB - an outside bar where the most recent closed candle's high & low is complete outside the high & low of the previous candle; an engulfing candle's open & close just needs to exceed the open and close of the ...
(binned per thread starter’s request) The Engulf Method
- piprac replied Feb 4, 2014
[quote=nasko;7258327]Nice one Sidefx, Hope it works out nicely
.... I am still with the OIL trade and it provided ... Nasko - what is the MA in your chart? I know Ap3 doesn't use them but they can be informative. pSimple, Non-subjective, Consistent, Effective
- piprac replied Nov 20, 2013
Very interesting observation Tanglewood - now I have to figure out which tdi I downloaded. Somewhere in the recent past I believe the parameters and identification of the individual lines, ie. rsi, ma, etc. were listed but again is this what Big E ...
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