Hi FXPimp,

Thank you very much for you answers! Your system is looking really nice!!

FXP,

Super-clear reply and your charts provide for clear visual - especially important for those like me who need to see something in order to understand it. Thanks again.

Fx Pimp
The chart visuals were great thank you!!!
Could you show me 5m for 63 and 252?
Thanks again for your guidence on the 20/60 ema cross
Matt

Hey Guys,

i am new the the forum here - i am definitly enjoying what i see.

i was trying to join the skype chat but not having any luck

is there anything specific i need to do to get in, i have never used skype before.

thanks,

casey

The 252 & 63.

Tyhanks for the questions guys. Great to see we are stsrting to build something here.

Here's the 252 and 63 in action.
The first entry upon the cross of the 252 and 7 after the break of support, the second is just waiting for a retracement withing the downtrent of the 252, which on many occasion will see both the 63 (15m) and 252 (60m) CCI's move back toward the 0.0 line.

Remember the pivot points too. I have a semi-strict rule where I will trade only short if price is below and look for long positions when above.
This is not a hard & fast rule but advisable to pay attention to if you are looking for high-probability-trades.

Once again we draw in our little support line and play the break.
This particular pair GBPCHF was the the 4hr strategy play we looked at on Saurday in this post.

So with the 5m chart there are numerous types of entry.
Theres the trendline break with 3 CCI's confirming.
Theres the continuation playing the fresh cross of the 63/7 during an established 252 trend.
Many are playing the 63 crooss whilst ignoring the 7.

Notice that in all cases the moving averages are all bunched together and more ofthen than they are in the correct order. This is especially apparant in the second entry on this chart.

Attached Images

cheeky.gif (46.5 KB, 411 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

Sorry Casey,

Iwasn't about this afternoon so was unable to add anyone.
The owner of the chat is having some eye problems and until he returns we cannot allocate anyone else the admin rights to allow people in in our absense.

Add FX Pimp to your Skype contacts and I will add you straight away.

Sorry for the inconvenience.

__________________
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

Is there a cheeky little 4hr set-up here?

Daily CCI (126) has retraced toward the 0.0 so no longer oversold. The 4hr CCI (21) has recrossed 0.0.
The support line has been broken the 7 has re-crossed and we're below the daily and weekly pivot.

Might be worth looking for a 5m entry or a straight play off this chart with a stop above the pivot.

Attached Images

cheeky.gif (29.6 KB, 404 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

Fx Pimp...
Theres the continuation playing the fresh cross of the 63/7 during an established 252 trend.
Many are playing the 63 crooss whilst ignoring the 7.

1) I just want to make sure I have this right...The established 252 trend is crossing zero with it being red. Correct?

2) What does the 63 have to cross?

Thanks I really appreciate the time and effort you put in sharing and showing us!!!

Matt

Agree, Mr. Pimp

Consolidation that started last week looks over now. Support line has been broken and then re-tested from below. For me, i'll have my short order under 0.8590 waiting.

Hope you all catch some nice pips.

__________________
I have set-up a free Skype chat. It's called The Boiler Room. I will be there each day trading strategy from School Of Pimpology thread. Feel free to join in the fun.

Hi Guys and Mr FXP/Zak,

I am grasping it now .. after Zak spent many hours coaching me!!!

I've placed some trades and some orders this morning on my demo account.

See what happened!!

My 2 losses on currencies was caused by my Stop Losses being TOO CLOSE - I forgot I was ordering from H4 charts and didn't use my support and resisitance line on my charts as Stop LOSSES ... and was in a rush to do something else. The Gold was also due to TOO TIGHT Stop Loss ..

I always like to try and see why some orders took PIPS from me!!! If it wasn't for those3 careless orders I would have had a cool 100 plus pips for 1/2 hours effort .. all setup and go!!

I am ready to go live with the help of ALL in the Boiler Room.

Thanks once again Zak for every thing.

Obviosly if you look at my trades and orders you will find lots of mistakes etc ..but it's my second POSSITIVE day!!

Happy PIPPING to all of you!

PipsSqueek - Hannes

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