The "Mini Icon" trade

[Don4 10]

Definetly, not bad! Ok what you want to do is right click,go to template. And find TTO ,Put that on the middle of the screen.

[Don4 10]

Have the one in the top on compact! place your order with this one, use your stops with the other.

[walterw 10]

I just traded this sweet mini Icon... I called live on our chat room with Don, it worked for a +6 pips...

[walterw 10]

and this second continuation wich is more agressive worked out for another 6 pips.... we did it live on the chat ¡¡ so far I am up +50 for today... cheers Walter.

[Blu-Ray 10]

Welcome aboard Blu-Ray, Reaver !!;)

 

 

Thanks Don, it's good to be on aboard

 

 

Walter, is that your swimming pool on your desktop

[Don4 10]

You are welcome!!!

[walterw 10]

 

 

Walter, is that your swimming pool on your desktop

 

Similar... jejejej

 

I will be on chat today following mini icons... welcome all.. cheers Walter.

[Soultrader 12]

and this second continuation wich is more agressive worked out for another 6 pips.... we did it live on the chat ¡¡ so far I am up +50 for today... cheers Walter.

 

Very nice walter. Been watching the Yen myself. Very interesting market. I hope to learn Forex one day. Been a pleasure reading your Forex posts

[walterw 10]

Thanks James... its something new for me but very exciting... being able to post videos is great ¡¡ cheers Walter.

[walterw 10]

This is the first mini Icon today... unfortunately efx stoped me on a rare spike.. but trade did work as planned... cheers Walter.

[walterw 10]

Second trade of the day was a nice one...

[walterw 10]

We adventured this second continuation, but did not work... So from now on I will just take the first rejections after the cros alias : mini Icon... cheers Walter.

[walterw 10]

another mini Icon ... efx shake me out again, so I will have to change my stop placement methods on efx as the trade actually was a succesfull one... any way mini Icon is performing very nice... so far 3 winners 1 looser...cheers Walter.

[walterw 10]

This one worked very nice... timing was zlr type...

[walterw 10]

This is a template with an ma 150 (linear Weighted) and a bollinger 20/2 of the ma 150... you ca notice market climate and overall trend..

market climate.zip

[walterw 10]

Here comes a nice sweet chart of AUD/USD... 1 min... same indicators plus an 150 ma (linearweighted)... look how 150ma rejects price action with an icon morfology... cheers Walter.

[walterw 10]

Today has been a very interesting day for me and Don as we had been following live the forex and doing some trades with icon methodolgy, we found some great nuances to add into the system wich I will soon post here and also do some videos explaining this great trades... (maybe on weekend)

 

As we are interacting live... and want to keep a specific topic we decided to create a room on http://www.tradingrooms.com wich our fellow traders here from TL are very welcome to be ¡¡ the room is a free room on the comunity and the name is

"The Icon Traders"... (well we trade icons)... so feel free to stop by... if we are not yet there make another attempt on difernt times... I will try to be there at 9 am nyt... I will post here as usuall all my good and bad trades and will be adding videos on this wonderfull techniques... cheers Walter.

[Reaver 10]

Walter,

 

Hey so how far are you up on the mini icon?

 

Very impressive set up.

[Anna-Maria 10]

Hello Walter,

 

Been having a snook at one or two of your fast timeframe threads, some pretty decent content & research going on thereabouts - your enthusiasm & positive approach is very refreshing! I hope your endeavors continue to pay just rewards

 

I don't intend to hijack your thread or your work Walter, so my apologies if this post detracts from your ongoing research.

 

I didn't know where else to post this & it's really intended to use as another? example of these types of fast(er) timeframe trade set-ups.

 

Please disregard it & the mods can delete/move it if you don't want it to clog up your thread.

 

Anyways, our nephew has been trading this little wippersnapper for quite a while now across a varied selection of pairs.

 

Apparently, it's made an appearance on one of the other forums recently, but then eventually everything morphs into something & gets resurrected in some format LOL.

 

He plots a 14 period RSI on the 5min timeframe & uses the extreme signal beyond 30/70 at supply-demand lines from the higher timeframes, in accordance with a mid-term trend.

 

Occasionally he'll kick a counter trend entry if the positioning (& supply-demand line) gets out of whack.

 

That's it really, nothing more complicated than that. He's been grinding it out since last last spring, mainly on the Yen pairs & the Cable.

 

I've hauled up a couple examples on Geppy & CAD mainly to highlight the variables of the pairings etc. But these set-ups appear pretty regularly during the trading week, & offer decent follow thru management once prices penetrate & kick thru a well observed supply-demand camp.

 

It's a cheeky little trade, & he's happy enough with his pocket money out of it, but it just shows you, something trivial & simple when utilized sensibly, can jog along handsomely

 

Apologies again for cluttering up your interesting thread Walter, I won't post this stuff on here again.

 

ps: I'll try call in on yours & Don's room when I get a break in the trading day, will be nice to make your aquaintance!

[walterw 10]

Walter,

 

Hey so how far are you up on the mini icon?

 

Very impressive set up.

 

 

Yes Nate ¡¡... and adding very nice nuances... I`ll keep you posted, you are more than welcome to the trading room... cheers Walter.

[walterw 10]

Hello Walter,

 

Been having a snook at one or two of your fast timeframe threads, some pretty decent content & research going on thereabouts - your enthusiasm & positive approach is very refreshing! I hope your endeavors continue to pay just rewards

 

I don't intend to hijack your thread or your work Walter, so my apologies if this post detracts from your ongoing research.

 

I didn't know where else to post this & it's really intended to use as another? example of these types of fast(er) timeframe trade set-ups.

 

Please disregard it & the mods can delete/move it if you don't want it to clog up your thread.

 

Anyways, our nephew has been trading this little wippersnapper for quite a while now across a varied selection of pairs.

 

Apparently, it's made an appearance on one of the other forums recently, but then eventually everything morphs into something & gets resurrected in some format LOL.

 

He plots a 14 period RSI on the 5min timeframe & uses the extreme signal beyond 30/70 at supply-demand lines from the higher timeframes, in accordance with a mid-term trend.

 

Occasionally he'll kick a counter trend entry if the positioning (& supply-demand line) gets out of whack.

 

That's it really, nothing more complicated than that. He's been grinding it out since last last spring, mainly on the Yen pairs & the Cable.

 

I've hauled up a couple examples on Geppy & CAD mainly to highlight the variables of the pairings etc. But these set-ups appear pretty regularly during the trading week, & offer decent follow thru management once prices penetrate & kick thru a well observed supply-demand camp.

 

It's a cheeky little trade, & he's happy enough with his pocket money out of it, but it just shows you, something trivial & simple when utilized sensibly, can jog along handsomely

 

Apologies again for cluttering up your interesting thread Walter, I won't post this stuff on here again.

 

ps: I'll try call in on yours & Don's room when I get a break in the trading day, will be nice to make your aquaintance!

 

Thanks for the post Anna Maria ¡¡ , you do not disturb here.. please feel free to interact as much as you want, very pleased to have you here sharing this nice setup with us...

 

This setups are the most near to my M`s trades where you have this divergences and false break outs happening on the extremes... they are quite relaible patterns and work pretty nice... the ideal is looking a higher time frame for the overall trend and taking this "counter" on the smaller tf...

 

well Anna-Maria, hope we get to see you on the rooms ¡¡ thanks for inputs, cheers Walter.

[walterw 10]

I am adding some nuances to our trades... let me remember you that I still dont trade forex... I am a futures trader, (now taking some vacations from trading ) and trying to adapt all my knowledge to this forex market... you may notice on the next month or so I will be exploring many alternatives... once I get decided for one I will try to be consitent on the choosen one...

 

Any way as some told me I could create a wikipedia of setups jejeje... well just trying to see whats best for me in forex... :p and doing the process public...

 

Ok this nuance or maybe a diferent setup uses a very singular bollinger of an ma... it shows very well if we are in chop or momentum... having momentum present, you are set to take a nice simple trend trade...

 

I decided to make video explaining this... any suggestions are very welcome ¡¡ cheers Walter

Market climate nuance.swf

[Anna-Maria 10]

Junior sent his latest hotshot trade into our in-box earlier. To be honest, looking across the canvas, he had the pick of the crop setting up off his trigger.

 

He chose the EUR v/s Yen due in part to it's major supply zone of the past week & the 15m candle trigger. But any one of a few pairs would have delivered in this late NY session execution.

[walterw 10]

Anna Maria, thanks for posting... do you know how he calculates the week long range supply line ? thanks Walter.

[bubba 10]

Walter, i've followed the icon thread and wanted to thank you for sharing your work.

i appreciate what you do.

 

it's a nice setup, especially for a slow learner like me.