Replies to post #139810 on Simple's Green Room

[pennies2007]

I can help you there Kirby. TTR and I talked at length once about his trading setup. Here's a portion of what he told me on a PM about his setup. I don't think he'd mind my sharing it with you. To answer your MA question, he uses all EMA's.

"my setup are crosses
i have some ema's from 12 to 200 on charts then the cci 100 with the overlay ema30
and the macd
thats it ( if you watch them they will tell you a world of information )
when cci 100 gets into that +or - 100 ride it out till you start seeing a divergence most times macd telling you the same and the macd line on the up or down of 0.0 line
now when macd line cross after the divergence and the cci line cross the ema buy back in ( a lot of the time the price will trade sideways but the cci crossed the ema and then trades sideways with the price stay in your trade 90% of the time that cci/ema sign is right and in time it pays off
the cci 100 takes the noise out of the trade (the little head fakes )and helps me hold on for more pips"

[pennies2007]

One other thing I should mention on TTR's setup there, Kirby. He primarily uses it as an extremely long term trading system. He typically played monthly and weekly charts and would glance at the daily charts every so often to help track them. He did play smaller time frames from time to time but mostly he stuck to really long term stuff. A few hundred pips one way or another didn't really matter much. He also sticks to big movers. He used to play silver before they took away our ability to use margin on Forex. Then he switched to USD/DKK since it had large daily pip movements.

He was basically a trend follower. He made some really good money doing it but you have to basically just set it and walk away from it and let it do it's thing.

[tickettoride]

Hi kirby
it is ema and yes to cci 100 it takes the noise ( wipsawing ) out of the trade for me
Im not selling like before i hold for longer times these days less trading on my part
The first weeks of a trade i watch and keep adding to as it keeps moving then i let it ride
after making some money i will start taking some off the trade
im looking for a trend in a pair
hope this helps