Great analyse from Mr. Pimp are money for me...........but also HIGH SCHOOL OF TRADING.
Thank you.

Hi Pimp,

I've been trying to find a post explaining the addition of the Stochs, would you [or anyone else] please direct me to it?

Thanks and happy pipping,

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Fx Diva

Please direct it to me as well...
chonpz@hotmail.com

Please, direct it to me jjibento@gmail.com

Thanks

Julio

Hello mr. Pimp.
This is my first post on thi forum and it belongs to you.
Great system and nice work from you. Thanks a lot.

I have just begin to start learning your strategy and I prepared little summary of your method. I just want to know if I am wrong or right.

So here it comes:

1) Step one: I have to detrmine the main 4hr trend. So I look at my 84cci on 1H charts on crude and gold. If they are in same direction I can move to step two.

2) Step two: I have a trend and I want to know which pair is the best. I compare the 84cci from the i.e. three pairs: E/U, U/CH, E/CH.
For example the EUR is strongest and USD is weakest. 84cci is in the direction as crude and gold. Moving into the step three.

3) Step three: I open my 15M chart of chosen pair EUR/USD and look at the multiTF EMAs. If they are in the good order (5M 20, 15M 20, 60M 20 and 4H 20) then I can go in step four.

4) Step four: I open the 5M chart on E/U. I check the EMAs order and wait for Heiken Ashi trigger with 7cci retreacement. If everything is correct I enter the trade on first HA candle.

Then I set my mind SL on the last trigger and my PT will be when the 63cci from my 5M chart goes back into (0;100) or (-100;0) cci area.

Is this process correct or am I totally wrong?
If I am correct how many times per week in average can I find this situation?

Thanks a lot

Ladik

Hey Diva.

Hope you're well.

About the stoch. I am not a huge fan of it personally, but some guys say it keeps them from some bad ones.
I like it rough and the 4CCI does it for me everytime but some like it slow and smooth and the stochastic 5,3,3 does seem to take a lot of rugged edges off.

I added it to the template about 3 months ago as an alternative but never really expected anyone to use both. It was, considering its almost the same, meant to be an alternative.

Put it on your chart, see if it helps.

Nice to see the Gold trade panning out for followers of the morning post. There was over 150 pips there up for grabs and hope some of you managed to squeeeeeeeeze some of them.

Big weekend so feeling the credit crunch today. Back in business tomorrow for all 3 sessions.

Have a good one.

Zak

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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

Okay Pimp,

thanks for the update and once again, thank you for the great system.

Happy pipping,

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Fx Diva

Good morning all.
Apologies for the lack of information yesterday. I was tied up with some other bits and pieces sadly.
The little trade on Swissie did take some time to materialize, but there was a solid 30 pips there initially and around 90 for those with patience.

Today is a US holiday so might be quiet but there is nothing that stands out at me yet.
In conditions like this I'd rather give nothing than give a high risk low reward trade.
GBPUSD could make a run to the pivot but theres 40 pips in it to the upside if it breaks the 60m 20emaat 15670. There is no picture attached as there's not much to write home about but I will make the effort after the live room to look for some longer term potentials.

Have a good morning

__________________
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

I have been a naughty boy.....with the markets up and down over the past week or so I have been keeping my pip tin under wraps. Managed to snaffle some pips in yesterdays morning session (+89) cable, ftse and brent crude. It was in the afternoon I made some progress - I closed out Dow short for +112 pips and rode crude off its high for +202 pips.

Today I got up, took a look and decided to take the day off. I've been to London and scoffed near Piccadilly spending some pips on wine and a three course feeder. Most excellent.

I promise I'll be back out to play in the morning - usual time and usual place. Dan and Le Pimp have a lovely set-up and I do enjoy a little Radio Monkey.

Hope all you pipsters managed to fill your boots today.

Off Games Rockie

morning all.

Good to see a few of you holding these trades for longer than the norm. Very nice pippage from the likes of Mr Bloom etc.

Looks like a good possible shorting opportunity on USDCHF this morning.
I'm waiting for a break of the 60m 20ema and a stop above the 15m 20.

Also look for long plays on EURUSD and GBPUSD if they manage to break the 60m 20's.

Have a good morning.

Attached Images

cheeky2.gif (41.5 KB, 250 views)

__________________
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