Scalping FX with Cyrox Rainbow

[>Apocalypto<]

Read what I said when you first asked that question.

Like your new style of answering Tayser, so what you're some kind of Guru now?

 

[tayser]

I don't quite know how to answer your question... other than to say (and point out) the same roundabout question was asked by the same person 5 or 6 posts up and I don't know about you, I don't particularly like repeating myself.

In what way has that post made me some kind of guru???? I'm not and probably won't be (and I don't aspire to be) for a very long time.

 

[>Apocalypto<]

I don't quite know how to answer your question... other than to say (and point out) the same roundabout question was asked by the same person 5 or 6 posts up and I don't know about you, I don't particularly like repeating myself.

In what way has that post made me some kind of guru???? I'm not and probably won't be (and I don't aspire to be) for a very long time.

I have just noticed a certain change in you Tayser. You used to be such a giving poster.

Don't sweat it, I am being a smart ass as well.

Good scalping.........

 

[tayser]

a bit of a hairy one to finish off the night...

 

[alwaysLearning]

How many pips would this system generate on average if one were to use it for the entire London session?

Or rather if an average is not known then what have been some past results for trading it during the London open (whole day).

I'm just curious.

 

[Andy_aus]

Its not a system its a method

It depends on how active the market is and how aggressive a trader you are.

Whats the point of asking such questions?

 

[tayser]

No need to look at the indicators here, price action alone was enough to make me jump in:

Anyhow, no more pips for a week and a half - I'm off to NZ :xmaswave

 

[tayser]

Can't help myself, just too good an opportunity

 

[Euler]

Its not a system its a method

It depends on ..... a trader you are.QUOTE]

Adding to your point Andy, it's so dependant on the driver in control of the vehicle.

No good having the best and greatest F1 car on the racetrack if the driver doesn't have the required knowledge and skills.

 

[nuc]

What happened to cyrox.com? Seems like it hasn't been available for a while now.

 

[BentRod]

Working here Nuc??

http://www.cyrox.com/

 

[nuc]

Very weird, does not come up at all I get the regular, IE cannot display this webpage, notice. I will try it for my work computer.

 

[incrediblefx]

Hi,

I've just started reading this Cyrox Rainbow and thinking to buy the material but it's rather costly at $597.00USD.

I read the 1st 3 pages and still can't get the setup right. Can anyone trades this explain the entries/exit?
I just see rainbows and have no idea when is the right entry.
Basically I only see chart with arrows.

I've been down $30K+ in the last 2 months in stock market and left with a little of bullets. Now I can't afford this expensive reading material.

 

[Andy_aus]

You could just set the rainbow up on ninjatrader and start screentime and taking some trades... you dont have to spend the 600 on the indicators if u dont have to

A few people on the forum are doing just fine without the indicators.

There are no set entry and exit rules, many people trade the rainbow differently...u have to do some screentime, make mistakes and find out what works for u

 

[incrediblefx]

You could just set the rainbow up on ninjatrader and start screentime and taking some trades... you dont have to spend the 600 on the indicators if u dont have to

A few people on the forum are doing just fine without the indicators.

There are no set entry and exit rules, many people trade the rainbow differently...u have to do some screentime, make mistakes and find out what works for u

I think, I can create the indicators myself from the information found at page1.
However I'm still confused with the setup (entry/exit) as it's not really explicitly mentioned. I only see rainbows and arrows.

Hope someone here can help me.

thanks.

 

[prawn_86]

Read this thread from start to finish and look at what the charts with profitable trades have in common.

That would be a good starting point

 

[incrediblefx]

Read this thread from start to finish and look at what the charts with profitable trades have in common.

That would be a good starting point

I only found some confused readers.

 

[BentRod]

Anyhow, no more pips for a week and a half - I'm off to NZ

Geez Tayser, you picked a good time to go!

Scalpers should have cleaned up in the last 48 hours.

Hopefully you might have put a couple of trades on while over there Mate!

cheers

 

[tayser]

Hi,

I've just started reading this Cyrox Rainbow and thinking to buy the material but it's rather costly at $597.00USD.

I read the 1st 3 pages and still can't get the setup right. Can anyone trades this explain the entries/exit?
I just see rainbows and have no idea when is the right entry.
Basically I only see chart with arrows.

I've been down $30K+ in the last 2 months in stock market and left with a little of bullets. Now I can't afford this expensive reading material.

You're panicking/desperate, don't think you're going to win your 30k back quickly by doing this. I'm coming up on a year of following this method and am still a long way off from being able to use large pip values ($100+).

The method is highly discretional and is not a one-stop Enter here and exit there way of going about things, it takes a lot of time to get things right.

 

[tayser]

first pips after NZ trip:

Entered entered .4946
exited .49406