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10.4/10.5 trades only
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Author:  nanningbob [ Thu May 30, 2013 2:52 am ]
Post subject:  Re: 10.4/10.5 trades only

Jemook wrote:
todaystrades.png
Closed all open trades as H1 CSS turned colour. Better to lock in profit then give it back.
You got it. Slow week for me only up 3% but financially this is turning out to be my best month ever. Sure glad I tripled my account before the month began. So far up 61% of my account for the month, I can tell you I have had good months before but I have not strung 3 great months in a row. You also remember I only trade five cents per thousand of account so if I trade bigger .............................. I know what would happen ........................ the same thing that always happens whenever I start to trade bigger....................... the leprechaun comes out and steals my pot of gold. Thats what happens.
Author:  kwanann [ Thu May 30, 2013 2:56 am ]
Post subject:  Re: 10.4/10.5 trades only

Well growing it 61% in a month is fantastic!

Thanks for the system, while i might not use it for its intended effect, it certainly helps with growth :)
Author:  nicoacademia [ Thu May 30, 2013 3:01 am ]
Post subject:  Re: 10.4/10.5 trades only

this is day 2 experimenting with 30m daily css as a "LOOK HERE" tool.
so we had the earlier call on AUDUSD. it was good for 40pips before the news came out.
so now it's crossed back up.
i have toyed with 2 scenarios.
one is...to close when cross back up and take the loss.
two is...to keep holding if conditions still hold(RSI2 still pinned).

here i experiment with holding because actually i have other indicators like stochastics and short term MAs that say its still ok.

i took some before the news. as obviously nothings so straightforward. as with news you're in their hands.

still experimenting. but loving how much smoother it feels in not having to fear missing out on checking that chart with that move.
130530 au how volatility comes in.png
Author:  nicoacademia [ Thu May 30, 2013 3:02 am ]
Post subject:  Re: 10.4/10.5 trades only

nanningbob wrote: if I trade bigger .............................. I know what would happen ........................ the same thing that always happens whenever I start to trade bigger....................... the leprechaun comes out and steals my pot of gold. Thats what happens.

HE IS ALWAYS LURKING AMONGST ALL OF US
Author:  johnnylpt [ Thu May 30, 2013 3:35 am ]
Post subject:  Re: 10.4/10.5 trades only

nicoacademia wrote:this is day 2 experimenting with 30m daily css as a "LOOK HERE" tool.
so we had the earlier call on AUDUSD. it was good for 40pips before the news came out.
so now it's crossed back up.
i have toyed with 2 scenarios.
one is...to close when cross back up and take the loss.
two is...to keep holding if conditions still hold(RSI2 still pinned).

here i experiment with holding because actually i have other indicators like stochastics and short term MAs that say its still ok.

i took some before the news. as obviously nothings so straightforward. as with news you're in their hands.

still experimenting. but loving how much smoother it feels in not having to fear missing out on checking that chart with that move.
130530 au how volatility comes in.png
Hi Nico,
Awesome!!!!!!!!!!!
How do you scan the pairs are crossing? You check it every 30 mins or .....?

Thx John
Author:  nicoacademia [ Thu May 30, 2013 4:09 am ]
Post subject:  Re: 10.4/10.5 trades only

johnnylpt wrote:
nicoacademia wrote:this is day 2 experimenting with 30m daily css as a "LOOK HERE" tool.
so we had the earlier call on AUDUSD. it was good for 40pips before the news came out.
so now it's crossed back up.
i have toyed with 2 scenarios.
one is...to close when cross back up and take the loss.
two is...to keep holding if conditions still hold(RSI2 still pinned).

here i experiment with holding because actually i have other indicators like stochastics and short term MAs that say its still ok.

i took some before the news. as obviously nothings so straightforward. as with news you're in their hands.

still experimenting. but loving how much smoother it feels in not having to fear missing out on checking that chart with that move.
130530 au how volatility comes in.png
Hi Nico,
Awesome!!!!!!!!!!!
How do you scan the pairs are crossing? You check it every 30 mins or .....?

Thx John
That's an interesting question. hmm.
I know if one checks before a session begins and just after a session begins that will be a good time.

pre-asia, pre-UK, pre-US.
start of asia/UK/US.

and if you are in US timezone I guess late US session.

i think those are the necessary times to see if any crosses happening/happened.
Author:  CCCGAMING [ Thu May 30, 2013 4:34 am ]
Post subject:  Re: 10.4/10.5 trades only

Jemook wrote:
todaystrades.png
Closed all open trades as H1 CSS turned colour. Better to lock in profit then give it back.

i have a question sir.. do you usually wait for it to hit the ws1 or wr1? or you base your close on the css (i mean when the color change) or do you take profit like bob(single hitter like what he said on his wonderful booklet of CSS)
Author:  Jemook [ Thu May 30, 2013 4:38 am ]
Post subject:  Re: 10.4/10.5 trades only

pamboys09 wrote:
Jemook wrote:
todaystrades.png
Closed all open trades as H1 CSS turned colour. Better to lock in profit then give it back.

i have a question sir.. do you usually wait for it to hit the ws1 or wr1? or you base your close on the css (i mean when the color change) or do you take profit like bob(single hitter like what he said on his wonderful booklet of CSS)
I'd like for them to hit WS1 or WR2 but if H1 CSS changes colour to opposite direction I'll most probably close the trades and get straight back in when it changes colour again.

So If I'm short and it H1 CSS closes green, I close. As soon as it closes back to red I'll short again depending on how much room there is to go and if it's still a nice looking setup.
Author:  CCCGAMING [ Thu May 30, 2013 4:45 am ]
Post subject:  Re: 10.4/10.5 trades only

Jemook wrote:
pamboys09 wrote:
Jemook wrote:
todaystrades.png
Closed all open trades as H1 CSS turned colour. Better to lock in profit then give it back.

i have a question sir.. do you usually wait for it to hit the ws1 or wr1? or you base your close on the css (i mean when the color change) or do you take profit like bob(single hitter like what he said on his wonderful booklet of CSS)
I'd like for them to hit WS1 or WR2 but if H1 CSS changes colour to opposite direction I'll most probably close the trades and get straight back in when it changes colour again.

So If I'm short and it H1 CSS closes green, I close. As soon as it closes back to red I'll short again depending on how much room there is to go and if it's still a nice looking setup.

thanks jem

i think im gonna take short .. and wait for h1 to be red..
Author:  CCCGAMING [ Thu May 30, 2013 5:10 am ]
Post subject:  Re: 10.4/10.5 trades only

okay it turn out green.. :( oh well no trade for today
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