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Just grabbed 60 pips off a couple good trades on my real account. $2 a pip *60 pips = $120. Not bad for a few hours. FxPimp gave me some good advice that really paid off. Always be looking at gold and crude oil. They are crucial. Done for the night. Only trying to grab about 50 a day. Happy trading!
What's up larry? you just getting used to the last one?
This is by far and away the most uniform one so far. Use each timeframe by itself or in conjunction with another at the same time. Flick back and forth between charts and timeframes and you'll always be rewarded with a similar layout on each.
You'll love it inside a week. Hmmmmmmmmmmm kisses please !!
Thanks to everyone for the supportive emails. Great that you are picking this up so easily. Now it just got easier so keep up the hard work and it will come.
Onto today.
Gold and crude having a little difficlty with the previous highs.
Just put a horizontal at 836 and you'll see what I am talking about.
Just above that at 843 ish, theres the daily 20 too so it's not going to be easy, but I think today might be the day.
Crude needs to break 120 for a little run to 122, then a break of that level could be game on. We're above the weekly pivot for the first time really in 7 weeks so could be some 7 weeks and the daily pivot is now above the weekly too.
Try to remember the pivot as a mooving average. After a big fall you want to see price cross avoce the weekly pivot and then for the daily to cross over it with price then coming back finding support on the daily which is now above the weekly, before moving up.
Nice little trick. Study it.
Currencies- Euro by far is out muscling the Pound. Not very often we see one moving well without the other but Cable is in trouble, making hard work of getting accross the 60m 50sma.
Looks like the Asians have beat us to it once again. Knew I should not have sent out the new template so hastily !!
Swiss and Yen looking like they're having a nice run too.
I wouls be tempted to leave it all for a while, allow the retrace to the 60m 20's then reconsider my options.
Sorry to say it but nothing doing it for me at the moment.
Swissie would be my choice IF Gold and Crude find support AND if I can get in at around 1.0945-50 level. Still looking for that 100+ move south on this pair.
Updates to follow.
__________________ 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'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
Thanks FXPimp. I've been doing this live on a real money account because after reading through this whole post I loved the system. It took me a LONG time to read through the whole post and fully understand the big picture, but now I do. I have real money in my pocket to prove it. I'm not posting my results to brag by any means. Anyone who follows this system can do a LOT more than me. I'm posting to prove this system works.... IF you have the discipline.
The 1m should have a standard 21CCI at the bottom, not the 5CCI.
The 5 would be like a rabies infested buffalo on LSD being persued in the 50 degree savanna sun by 6 prides of lions.
Right click on it and change visualisation to EXCLUDE 1m, then add a standard 21 to show ONLY on 1m, then re-save template.
If you don't have it yet then please email me thefxpimp@hotmail.com and I will give you the ammended version.
This is how the 1m now looks and the little Euro trade you could have taken this morning (had you been up early enough)
__________________ 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'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
How do you work out what CCI numbers are for each time frame, the above to me is so foreign, i cannot understand, whats the formula for working it all out