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Basic Entry
Once we've established Dollar strength or weakness on our 60m charts we move on to our set-up & entry.
The beautiful thing about this strategy is that you only trade when the criteria are right for you, and as a safety precaution this particular entry is based on trading WITH the main 4hr trend (CCI 336 down)
Look for most of the the moving averages to stack up neatly in correct order.
The leading 7 (5m 20 green ema running through the candle) on this 15m chart is close to the pink 20 which is below the red 80 (medium red) which is below the 320 (thick red).
Or in English, the 5m 20 is below the 15m 20 which is below the 60m 20 which is below the 4hr 20.
Perfection doesn't come along every day but you can see that when it does it's a very powerful weapon indeed.
We sell after green Heiken Ashi on the 1st red when all other criteria are met.
The opposite is true for Longs.
Just these 3 trades on just ONE pair could have netted you 300 pips on the way down.
a word of caution though. the further your 80 moves from your 320 (last trade in particular) notice the 4hr (336) CCI. Both that and the 84 are crossing the -150 levels I use indicating oversold and possible reversal coming soon.
I'll go into more detail about this later.
Next we will look at getting in a bit quicker with our 5m chart.
12/09/2008 -PLEASE NOTE : the CCI in this Chart are 60m and 4hr with no signal. The new twmplate has a 15m and 60m CCI WITH a signal. Don't worry, just understand it. . I was only for convenience that it's since been changed. The results are still the same, maybe a bit better.
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I'm now sending trading notes out twice a day with videos too. Have a look HERE.
There's one set at 6:30 UK time for London and one at 12:00 for U.S session, plus I will send a summary video after each session 
Last edited by FX Pimp; 09-12-2008 at 03:53 PM.
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