Sure enough, the cross of DXY and EU are very accurate!
.
1 Like
and looks like there’s more to come, MACD especially
encouraging and % increase/decrease significant
over yesterday
btw I’m talking about the disparity between EU and DXY
I’m especially waiting for EU to break out of Asian zone to
the downside
If DXY is to believed at all we see an ever increasing
disparity. Something could even move during the night which
is why I’ve put he Sell Stop in place
Also just a small point, but an AIMS community guy noticed
that first retrace of Oscillator after cross of Zero was very
significant, especially when moving out of the retrace
Perhaps all the more so when everything else is screaming out
at you!
.
.
Just checked my detailed report on new account. quite encouraging.
I have 60% lose rate, not surprising as last two weeks I’ve been
practicing losing better ( managing risk )
so I don’t anticipate ever getting any worse than that, but I will
keep this lose rate as my average for now
but Win/Loss ratio is 5.2/1.90 which I have to say is pretty darn
good, and is connected obviously to improved risk management
I can seriously live with these stats. total trades on this account
is 74 but Ive discounted my initial massive wins as they skew
everything.
What you see below was all sensible lot sizing and sustainable
So can you make money on Skypes system week in week out?
No. Certainly not on the 1M/5M timeframe
You will often do better on the higher time frames.
but knowing when the markets are behaving is a very big
part of trading success, and there is no indicator that tells
you this
Actually there might be indirectly.
For example, when the DOW is trending nicely?
Truly, I wish it was that simple. Anyone have any thoughts on this?
.
A Preliminary WORK IN PROGRESS guide on any pair might be
Daily: EMA 6 EMA 20 LWMA 60 AND LWMA 300 ALL SAME COLOUR
with oscillators all same colour
H4: LWMA 300 and LWMA 60 SAME COLOUR AND EMA 20 MAINLY SAME
COLOUR
H1: LWMA 300 and LWMA 60 SAME COLOUR EMA 20 MAINLY SAME
COLOUR
A very good day today
Using FinViz as a guide CADJPY was the Standout.
Although the Higher TFs were Long the Retracement was compelling
and two wins of 22 pips and 23 pips
.
Today GBPNZD is the Standout, with 52 pips made
so far and if we can breach the Monthly High indicated,
another 840 pips up for grabs
the Markets Behaving Conundrum
The last two days we have stand out currency strength
disparity accompanied by powerful momentum enabling
trailing of Momentum bars very accurately
Today for example, I was stopped 0.9 pips shy of the maximum
obtainable.
It is only one guide, and high disparity alone has not always been
reliable
We need to see that Momentum
I think this is where it really counts.
Seems like you’ve really hit your stride!
KC
Today we had high disparity and Momentum on several pairs
resulting in 164 pip profit.
One of the best days I can remember trading sensibly.
Up £645 since December 12th with modest Lot sizing.
Approx 23% per month.
.
.
.
1 Like
Great job!!
KC
164 pip a day affects you!
It would be very nice for this to now be the norm, but early Monday
morning, this week might be relatively bad, although I’m not planning
it to be
Today we have some great disparitiews forming
CAD and AUD soaring up with NZD and JPY in the doghouse
Its still early, lets see who breaks out of Asian Zone
AUDJPY the favourite at the moment, but things can change
very quickly.
I’m resigned to taking a few moderate losses and no great
winning runners this week.
It simply doesn’t always happen
But back to above posts
It may be mainly about controlling the losses, aiming
for a better class of loser
while waiting for those mouth watering runners
You can’t rush them. They come unexpectedly
We just need to know they do happen quite regularly enough
but we can’t force the market to do anything.
so we just go through the motions day to day and most
of the results are lacklustre
Just learn to live with that and stay in anticipation of those
nice wins
Well worth waiting for
A surprisingly good day for a Monday
Up to £665 - a £20 gain
When to return to live trading is the big question
its not so much a question of can I double, treble my
account. … that’s the easy part
can I maintain cast iron discipline consistently?
Just one relapse can decimate your account, and not
just resulting in depleted funds, but more importantly
depleted confidence
but so far over hundreds of trades a pattern is forming
There are a good many very small wins amd losses, I
view them all as breakevens.
Then quite a significant number of losers between £3 - £11
and a very similar number of winners £3 -£11
but then a few winners £15 - £26 is where the profit comes from
I don’t usually get losers over £11
If I can just keep the ratios consistent I should be ok.
Seven Straight Losers Today
It was half expected, after last two days high profit.
If we just have an edge we are doing better than 98%
I don’t normally post losers because it simply isn’t
encouraging, but in the interest of transparency.
But note none of the losers were very bad
what was bad was there were seven of them 
Two great winners today, around 94 pips I think.
But when the market is really moving it doesn’t seem
to matter what system you use
Break from Ichimoku cloud confluent with ADX8 is extremely
powerful on it’s own
Snipe2020’s strategy is very simple but it does work, far better on
H1 and above. It works on and off on lower time frames but in
a fast moving market it rarely goes beyond 60 LWMA and back.
My Trade Predator system is good if the market is really moving.
Also break of Fractal on concurrent TFs is very powerful
But if you put them all together and they all say the same thing
you are probably going to win!
So lets look at one of my trades from t he perspective of
each of these systems
First up Ichimoku
.
Next Trade Predator
.
Next Snipe 2020 strategy ( Forex Keyboard )
.
Confluent Break of Fractal Box (AIMS community )
.
Interesting how they all would have won, but they are by no means
carbon copies of each other, so when they do all come together
and agree, its definitely worth taking note of!
I’ve incorporated the best of all systems into one template
for convenience. I don’t find it too cluttered although others might.
but the windows below can be folded away when not in use
Looks like this
Another Good Friday
Nice 28 pip win.
Seriously, I had to go out before the H4 candle was
completed at 11am, so I set a PO which I forgot about!
Came home to a nice surprize
Fundamentals
Whilst trading Fundamentals is a non starter, how brain dead would
you have to be to trade GBP today!
The question may soon arise - How brain dead do you have to be to
trade any financial market!
Spikeyness would seem to be a fairly good gauge of the emotional
stability of the planet
and not seeing much stability at the moment
The world is getting more like some Apocalyptic movie by the minute!
A very nice setup on AUDNZD, four horsemen of the Apocalypse
permitting ) - of course things can go beserk even down under.
what did that vision predict? ‘Peace taken from the earth
and deadly plague in one place after another’
Frightfully inconvenient if you ask me
Current Strategy
No real departure from Snipe2020
which does work on lower TFs but can go very erratic
quite reegularly
possibly why Snipe may need to start new accounts on
FXbook.
The main addition to Snipe is higher TFs H4 and H1
and t hey both must have recent break of Fractal Box,
ideally a close out of box in at least one instance
Like Snipe and most others, this tends to work
best as a trend following system
and the double box break rule limits setups, which
is a very good thing
but there still should be one or two a day
