Pipstubborn » Mon Apr 28, 2014 8:06 am wrote:HI Bob, I'm understanding much better the D1 CSS now, specially last week with the commodity currencies were/are angling down and the others angling up. The info page is awhole picture of what pairs to trade and which ones not. Indeed D1 CSS have less noise than H4 CSS.
Questions
1.- Can we read H4 CSS lines as a pullback of the D1 CSS lines when they disagree?
2.- Is the old 10.2 TMA Slope coming back when the bug is fixed as you mention somewhere on 10.6?
As always, thanks very much for your relentless teaching and sharing of invaluable information. Will like to know your thoughts.
1. Yes you can but I use my reads on the screen for that. I think the screens tell me better what a pullback is doing over the 4H CSS chart. Probably if I could watch the CSS screen all day I would find more use for it but I cant, so I rely on the Daily CSS reads and then what I see on each individual chart. There are some traders who really like the 4H CSS and they probably could answer better on how to use it.
2. The 10.2 TMA slope and CSS are the same except CSS puts all the currencies into one line. The 10.2 TMA is being looked at for another possible use but that is some time away depending on what we think we can use for it. Basically I am trying to see if I can do with it like a 10.7 version of the slope. More or less playing around with it.
Great, cause I still use it with values of 0.3/-0.3 for range.
Thanks again.
nanningbob » Tue Apr 22, 2014 7:29 am wrote:Last week ended slow with Easter and most banks were closed Monday so here is my CSS report for the week. Commodity currencies angling down strong but that was with weak volitility. Everyone else angling up. take those crosses and see what happens. GBP is now passing the AUD and it becomes the top dog. Over 70% my profits last came from following the gbp as it crossed up over each line. Will follow that trend this week also. I also had some nice trades with the eur/nzd as it passed the NZD and am looking forward to some trades as it crosses the CAD and AUD probably later in the week. USD starting to turn up so will look for crosses there. JPY will probably continue to strengthen since it goes up when the commodity currencies go down. So simple week unless things suddenly change. Sell the cad, nzd, and aud. Buy GBP and JPY and Euro. USD watch and see if it continues up. Hopefully volatility will pick up now that the holiday is over and ................ Ukrainian elephant is still in the room.
OK I basically said commodity pairs down. If you traded that direction you could have had a winning trade on almost every single one of them especially the AUD. I got some nice moves during the week. Basically not much has changed on the chart. NZD is on the bottom and leveled off and the AUD and CAD are still angling strong down. The others are not moving up strongly but they all are angling up some. So I would continue to look for aud,nzd, and cad weakness but I dont see anyone running away on the strong side at this point. If any of them do the most likely one would be the GBP.
Ukraine elephant is still in the room and China is making some noise here that hasnt shown up yet in the news. But if you didnt know China has canceled all US tv shows on tv and that is not a good sign. If rhetoric heats up then we will have two elephants in the room. If some of you have followed the news President Obama came on strong for Japan in their island conflict and is increasing US presence in the Philippines. Tensions could mount and this did not make Beijing happy. So could be an exciting summer. Chart below.
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OK looks like JPY weakness starts early this month. Every JPY cross pair has crossed or is about to cross the 240 line. Traders are expecting what Emporor K has said he would do and that was increase bond sales. So I am on board and ready to fly. CSS is confirming this with a dive in the JPY on the daily chart. JPY sell time again.
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USD and CAD are also curving up which means something in the euro crowd has to give or its a fake out of those two. USD is crossing JPY and CAD is crossing AUD. So I am going pip hunting there.
nanningbob » Tue Apr 29, 2014 7:17 am wrote:USD and CAD are also curving up which means something in the euro crowd has to give or its a fake out of those two. USD is crossing JPY and CAD is crossing AUD. So I am going pip hunting there.
Bob, I wonder what a 5 day Linear Weighted MA would look like for each currency. It may be easier to read without all the zig zagging and the current result would probably be pretty close to the actual value. What do you think?
alorente » Wed Apr 30, 2014 3:57 pm wrote:Bob, I wonder what a 5 day Linear Weighted MA would look like for each currency. It may be easier to read without all the zig zagging and the current result would probably be pretty close to the actual value. What do you think?
I used to use the 5 MA either shift 1 , 3, or 5 as an entrance point depending on the angle of price movement. I would just put the EA on the screen and let price movement enter my trade. Then I would manage the trade from there. So I know that works the majority of time because I used that for a while. However inside the CSS changing numbers creates all sorts of havoc with the lines. I have played with different numbers but couldnt find any combo that made it that much better than what we have now.
There is a CSS like indi based on MA but I didnt like it as much. You cant get much smoother or centered as TMA.
mkritz » Wed Apr 30, 2014 8:42 pm wrote:Bob, do you read the daily CCS on end of day data to determine your bias or do you analyse it intra-day in terms of angles, slopes, crosses, etc?
Last week got some nice trades trading gbp strength and aud nzd weakness. Other than that pretty flat.
And flat is the order of the day. Will kind of sit on my hands and see if anything comes of anything but every currency is registring flatness. I thought USD would break out with NFP news but alas it went back to the center after a very short run. So flat flat flat for now with gbp and euro bias up and aud bias down. If you want to trade TMA time.
USD and CAD crossing the JPY could be significant so have my eye on those two for now.
Ukraine/Russia thing shooting has started. I have no idea fundamentally how that will affect the markets.
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CSS is confirming this with a dive in the JPY on the daily chart. JPY sell time again. 
