[cattus]

Originally Posted by walterw »

I will try to answer Cattus :

>>>What does Refresh mean for you in spanish? Refrescar, Retomar, Reanudar, Restaurar?>>>

It means Refrescar, con la idea de "volver a"...

>>>Why do you use Refresh to talk about tendency and to talk about an action? Sometimes I confuse with these terms. >>>

We basicly here have two trend definitions, a centrifugal wich travels to the outside of the axis and a centripetal that travels back to the axis... So the Refresh Action ( " la accion de volver hacia" ) its the centripetal trend back to the axis..

>>>Talking about timeframes. On this method (or system), do you see timeframes greater than 5 min? 15 min? 1 hr? Or it is not important for scalping techniques?>>>

So far as to MY scalping method 5 min does ok... now, this method can perfectly be traded on larger time frames as well...

>>>>I remember that I read that you don't use the 1 min chart, you use a ticks chart, it is correct? why?>>>>

On my futures trading I do scalp with tick charts, for this forex research I am using 1 min chart for my timing, I am using mT4 (metatrader) and the smallest timeframe we got is 1 min... wich in forex does pretty well...

>>>>The SMA of the chimp2_1 is of 4 bars. Is it important for the method, or can I change for another of 2 bars, for example?>>>

that signal line its just for estetics jejeje... no use at all... even the oscillator has a very periferic use on the entire method, once the trader really got very used to his cycle measures of his trade, he perfectly can trade without the oscillator... I DO NOT time my trades with the oscillator, I use the 1 minute chart with the two vma`s...



Hope this answered some... I like this interactions ¡¡ cheers Walter.

Yes, Walter, the most of my questions were answered.

Just one re-question:

As I understand from your answer you work with only two charts on your screen (5 min and 1 min), and you mentioned that we can climb the method: from 5min+1min to, for example, 30min+5min or 1hr+15min. I put those pairs of charts because are approximate to the 1/5 of the time.

But, due that I have the habit of work with at least 1 chart of bigger timeframe, like 4 hour or 1 hour, in order to know the big picture of the intra-day, I would want to know if somehow you also use a similar timeframe only to view the big picture of the day, or may be, with your experience, you recommend not to work with more than two charts simultaneously.

cattus

[walterw]

Cattus :

The axis blue line on the 5 min chart as I use actually is heavy enough to show you waves corresponding maybe to a 1 hour chart... so there is no need to complicate yourself looking bigger time frames...

Now, if you are aiming to play longer moves (cycles) then its a diferent story... you will like to setup a 1/5th relation aprox. between "setuping" chart and "timing" chart, whatever suits more for your strategy...

for example : 30min with 5 min or 4 hour with 1 hour etc...


cheers Walter.

[cattus]

Originally Posted by walterw »

Cattus :

The axis blue line on the 5 min chart as I use actually is heavy enough to show you waves corresponding maybe to a 1 hour chart... so there is no need to complicate yourself looking bigger time frames...

Now, if you are aiming to play longer moves (cycles) then its a diferent story... you will like to setup a 1/5th relation aprox. between "setuping" chart and "timing" chart, whatever suits more for your strategy...

for example : 30min with 5 min or 4 hour with 1 hour etc...


cheers Walter.

Walter.

I like the scalping system as you are describing (5 min with 1 min), but I asked about the climb of the trades because I was thinking in 5 min like the minor of the timframes (30 min with 5 min) in order to try to reach more pips. I don't know, may be this idea can help us, it can depend of the pair we are trading or the market condition in that we are... just thinking, just thinking...

Thanks a lot for your helpful answers.

cattus

[walterw]

yeap, you can perfectly trade that combination 30 min with 5min... its another lifestyle for shure... it requires another life time schedule to follow that,(diferent sleep, less longer happyhours distentions, etc) thats why I dont go any higher than 5 min on the setuping...

Would be interesting if you are interested on following those timeframes to keep us posted on how it works... nice to interact with you cattus ¡¡ cheers Walter.

[michaltrade]

Thank you very much Blu-Ray for the ELD codes. I am very excited to test them right now.

The movie "The Chimp Forex" has won so many oscars. The oscars for director and screenplay go to the chimp Walterw; the oscar for actor goes to the bull Pyenner; the oscar for supporting actor goes to the tiger Blu-Ray; and finally the oscar for best "picture thread" goes to ofcourse "The Chimp Forex".
Oh, I forget, the oscar for the producer goes to Soultrader for providing and supporting this forum.

Thanks a million (this is FOREX) for the oustanding team efforts from Walterw, Pyenner, and Blu-Ray.

[walterw]

Thanks Michal ¡¡ it is very encouraging your compliments ¡¡

Certainly this process its a true example of collaboration of a great comunity like TL ¡¡

Certainly we all learn together here... I know the next weeks will get even better...

cheers The Chimp.

[nycdweller]

Hi Walter W,

I'm unable to watch any of the videos psoted. I click to open and my computer will ask what program do I want to use. What program do I need to download to watch the videos? Do you or another forum member have a template for Ensign software by any chance? Any suggestion on how to apply the indicators to a different software from what you are using. Thank you.

[walterw]

Originally Posted by nycdweller »

Hi Walter W,

I'm unable to watch any of the videos psoted. I click to open and my computer will ask what program do I want to use. What program do I need to download to watch the videos? Do you or another forum member have a template for Ensign software by any chance? Any suggestion on how to apply the indicators to a different software from what you are using. Thank you.

Hi Nyc... when he ask you program, go the the list and choose IExplorer... that should work ok...

So far we are having Mt4 and TS being covered on programing, dont know if we have another genius for ensign... but you may want to test mt4 as it is free for forex... cheers Walter.