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| CSS WITH HGI & SUPER CSS https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=4735 |
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| Author: | DerPat [ Sat Oct 22, 2016 5:39 am ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
Hi Wavegarrick and others interested, as I wanted to do charting on currency strength and I usually do charting on candle stick charts, I was not happy with the current solution. Close line charts are harder to "predict" for me. I found a way to create candle stick currency strength charts with a lookback period of years on tradingview. Then I also found a way to weight the respective currency pair by 200sma volume of a big US retail broker. The figures they provide have to be wrong, but I guess the volume information on a relative term can be correct. I guess the charts I now use are more accurate. Looking back to the last week, my estimations would have been clearer and faster. I started my work from scratch and now use a working document in dropbox to do my daily estimations. I do not feel like I should be longer on this thread, as it is about Baluda CSS and HGI and I now use not one of them. However, they fast forwarded my mind to a new level (hope it is a good one). If you are not able to open the link below, please let me know. IT worked at my end. https://paper.dropbox.com/doc/Currency- ... pxIizo6tXD Thank you again Nanningbob for the way you helped me to understand currencies. Some examples I did last week (All on the daily chart and demo. I am still testing my ability to read currency strength and chart patterns together.): AUD/JPY Short: Entry on: 21.10.2016, Stop above the Pin +5 pips, Target slightly above the 76,4 support. Still running, as we got a sideway move there. I entered because of the strong resistance and the pin bar pointing downwards. At the currency strength chart we got a strong rejection at AUD resistance and Support for JPY. I did not know that JPY forms a wedge, which I now know from the new charts. I woldn't have entered. Breakout could be in any direction for JPY, so getting stoped out is now a valid conclusion. I will close it with small profit on Monday. GBP/AUD Long: Entry on 20.10.2016, Stop below the consolidation, Target 1R Still running, was meant as a week long lasting trading, as I expected further short term weakness of AUD and further short term strength of GBP. Candle stick patterns were ok, could have been better, but I thought on the short term, it is ok. Still valid. Open Date Close date 10.18.2016 06:36 10.19.2016 20:42 EURNZD Sell Did half of the last weeks short move and exited at support. Currency Strength and Candle Sticks in my favor. Fast Forward: Open Date Close date 10.18.2016 06:40 10.19.2016 10:04 CADJPY Buy (Take Profit) 10.12.2016 08:15 10.19.2016 06:49 EURUSD Sell (Take Profit) 10.18.2016 06:38 10.18.2016 13:39 NZDCHF Buy (Take Profit) 10.13.2016 21:54 10.18.2016 13:30 CADCHF Buy (Take Profit) 10.10.2016 21:49 10.18.2016 04:03 AUDUSD Sell (Stop Loss - wrong reading of CSS) 10.13.2016 21:45 10.18.2016 00:45 NZDUSD Sell (Stop Loss - wrong reading of CSS) 10.17.2016 06:06 10.18.2016 00:44 NZDCAD Sell (Stop Loss - wrong reading of CSS) 10.13.2016 22:03 10.17.2016 07:24 EURCHF Sell (Take Profit) As I have an R > 1, it was a profitable week. I do not know if I am allowed to start a new thread which will discuss analysis not made in meta trader and has nothing to do with automated or half automated indicators? Best, Patrick |
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| Author: | woodlands [ Sun Oct 23, 2016 4:47 am ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
Dear Patrick, Thanks for publishing this, I have followed all week, the dropbox summary analysis and use of CSS are very interesting and could, as you say, be a new thread, see what Steve says. :hi: |
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| Author: | DerPat [ Mon Oct 24, 2016 6:16 pm ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
I started a threat here http://www.stevehopwoodforex.com/phpBB3 ... =16&t=4964 and will document my analysis on Currency Strength Candle Stick Charts as long as it stays alive and we need more data points. |
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| Author: | fx800 [ Fri Nov 25, 2016 7:09 am ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
The post was inappropriate, so I have deleted it. My analysis was not doing justice to the excellent CSS indicator. |
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| Author: | fx800 [ Fri Nov 25, 2016 11:40 am ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
The post was inappropriate, so I have deleted it. |
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| Author: | fx800 [ Fri Nov 25, 2016 2:30 pm ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
The post was inappropriate, so I have deleted it. |
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| Author: | 4thWavE [ Fri Nov 25, 2016 3:09 pm ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
Curiously, I sent you a "Fun" PM at 08.40 gmt from UK but it looks as if you didn't get it. I returned just now and a VERY curious thing had happened. I will put it together and send you another observation...basically, you were doing EXTREMELY well until I sent you my message - and then it seems it all went t's up. I just need a cuppa right now!!. 4th |
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| Author: | sjps [ Tue Nov 29, 2016 2:23 pm ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
Hi nanningbob and other traders, Please forgive my grammar. English is my second language, so I am not very polished in English grammar. I have read this thread and spend some good time the last two weeks looking at the CSS indicator and I really like the way it helps you to trade. I still have a lot to learn, but currently trading demo and doing well enough. I do have the following questions and I hope they are not deemed stupid: 1) I worked through the HGI thread and the advice was to close a position when an opposite wavy line appears. I know nanningbob has several exiting strategies (few hours into trading, whenever he likes the number of pips etc). I just want to know if you still close a trade when the wavy lines appear? i.e. do you still use the HGI strategy rules, but only use the CSS to filter up and down trades. 2) I saw earlier in this post that you sometimes trade different timeframes, not just 4 hours. If you get a signal on say the 4H TF and you open a trade and a few hours later you get a signal on the 1H TF, do you also enter another trade on the 1H? If you do enter another trade, do you close both when, say a wavy lines appears on one TF? Or do you close the respective trades, say the 1H only when a wavy line appears on the 1H while keeping the 4H trade open until the 4H chart give a signal, and vice versa? Thanks, I look forward to hear from you. |
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| Author: | pacers [ Sun Dec 04, 2016 7:56 am ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
I have seen that during the past couple months no one analyzes CSS. I really enjoyed Bob's weekly analysis as well as his trade log (mostly because it helps me learn and also motivates me when I see how profitable he is) so would like to kindly ask you Bob to continue analyzing CSS and if possible post your trade log as well. |
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| Author: | woodlands [ Sun Dec 11, 2016 5:49 am ] |
| Post subject: | CSS WITH HGI & SUPER CSS |
This is just me trying, don't take this as anything near to the standard of Bob's work....... Daily, H4, |
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