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mfondren

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  1. Excellent, professional presentation ! Just a note - Volume has always been difficult for me - it is so noisy - I am using Williams A/D with a 23 period MA and that seems to work also - the MA goes flat in a sideways market ( A/D w/MA idea courtesy of Psb67 )
  2. "Looks as though the present trend of Pound will continue for few more days." Yeah Psb67 - just rub it in !!!! LOL Sure wish I had been trading Friday ! I am learning more and more of the subtleties of your system every day ! Has worked magnificently for me as is but there is much more to it. As I said before, I use the CCI 14/50 ZL crossover a lot, however it is just too noisy - it needs a filter. I have tried MA's but they just seem to kill its effectiveness - Enter the Psb67 Super MACD - LOL - Using the Macd as a filter it performs almost flawlessly - I have noticed that that when the CCI is very jittery the Macd keeps me from using it - by the time it settles down, I am " permissioned " to use it and it is accurate. One other very interesting thing - I am using the AO but am becoming persuaded that the A/D is more accurate - less noisy ! Its a very subtle thing,but I have noticed that when I am " permissioned " by the MACD - and the A/D has ticked up, even very little, the CCI signal is a good one - it seems very consistent - like I said - it is very subtle - but seems to be reliable. One of the most powerful signals I have seen is when there is a long term bias to the market - the A/D is positive - and there is a " notch " in the A/D - it drops to near zero. perhaps slightly below - If I start getting buy signals at that time they are nearly always powerful moves ! Its a form, I think, of how the COT is used in the Futures market - a peek into what the commercials are doing. Psb67 - I went to several other sights where you post and was very impressed ! I would love to hear your insight as to what kind of trading hours to keep - I am retired and could trade 12 hours if I wished but ....... not with focus - not effectively - what are your thoughts on this ? Also - all constraints aside - social obligations, sleep etc. aside - what hours would you prefer to trade the GBP/JPY and the USD/CHF ? As always - Thanks so much for your insight and help ! Mack
  3. Hi again psb67 ! I have used your system for several days now - I was trading on a small time frame and was amazed to back off ( 15m chart ) when the day was over to see what lousy days they were ! That being said - they have been the best days I have had in the markets in as long as I can remember ! As I said before - I do not have access to the rainbow indicator and my substitute really didn't tell me anything new - didn't use A/D ( used Williams A/D ) until today - with the addition of your moving average it helped a lot I also use two CCI's in one window - 14 and 50 - when things are smooth they get me in a little more quickly and also help to enter in the middle of a MACD trend - Also use MACD crossover with a MA4 - when there is the least bit of chop I wait for the MACD to cross its long term MA This morning I dropped down to the 1M chart and traded most of the day with that - made money trade after trade ( this is all GBP/USD ) - Your MACD with that longer term MA smooths it out and it trades like a 5 or 10 minute chart ! R/R Excellent ! Win/Lose Excellent ! Have to tell you - when I first saw your post I was thinking " Oh Boy ! Heres the 142nd set of MACD magic settings I have seen this week ! " So glad I tried them ! How do you get your profit targets ? Fibs ? I need to look at that - haven't seen a good exit point from the indicators yet - sometimes just the MACD works - wait for it to flatten out - but not sure yet if that would work in the long run - the built in delay that is so deadly for entries is slow to show an exit Again ....... can't thank you enough ! My trading has staged an absolutely amazing turnaround - thanks to you ! BTW - 54 pips yesterday - 83 today !
  4. I am very anxious to hear more about this system !!! Put it up in a window beside my usual system today - did MUCH better than usual - just basically using the trigger buy/sell when the AO is above/below the 23 day moving average and the MACD crosses May have just been an odd day but it almost works out to be a SAR system ! You said you use the rainbow indicator 50% - for exits I presume - I was watching for the AO to go under the MA and/or MACD crossing for exits - I don't have the rainbow indicator available and was using a similar one with a series of Hull MA's Didn't look at the A/D much but am guessing you are using it to get an early heads up/confirmation of market direction Please post more details on how you trade your system ! Today would be good - yesterday would be even better ! LOL Thanks so much for the information - kinda excited about using it tomorrow !
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