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Binyamin replied Jun 21, 2012Anyone know why the yen is falling? I know it doesn't matter, I am just curious because there doesn't seem to be any coverage on it. Maybe we will get some news when the trend is near the end.
Anyway I have set my buy limit orders at the pivots ...Nb 10.0 trend trading system
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Binyamin replied Jun 20, 2012No I didn't test daily at all. Maybe I should.
Nb 10.0 trend trading system
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Binyamin replied Jun 20, 2012NZDJPY hit TP1 at weekly R1 and triggered a pair of trades there... GBPJPY on the daily slope looks like it might give long signals soon.
Nb 10.0 trend trading system
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Binyamin replied Jun 20, 2012Oh yeah my bad I was referring to weekly pivot. Oops. Yen is depreciating.
Nb 10.0 trend trading system
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Binyamin replied Jun 20, 2012Why would you short when the H4 and D1 slope for USD pairs are pointing north......... That is the hard thing I find about trading, the market move first and then the news justify it much latter.
Nb 10.0 trend trading system
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Binyamin replied Jun 20, 2012Each broker will have different values. I am using IBFX US feed.
Nb 10.0 trend trading system
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Binyamin replied Jun 20, 2012No R1 at 80.67. and it is taking off, for now. I have set another pair of buy limit at R2. I am still in NZDUSD, AUDUSD and NZDJPY trade since monday. I am pretty tempted to exit now......
Nb 10.0 trend trading system
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Binyamin replied Jun 20, 2012AUDJPY trade since monday hit my TP1 at R1. Moved the 1snd trade's stoploss to break even and entered a second pair of trades there. This week is turning out pretty well.
Nb 10.0 trend trading system
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Binyamin replied Jun 20, 2012I agree with the need to trade multiple pairs. But for correlated pairs I will be limiting my risk %. Say 4 pairs are correlated and giving signals simultaneously. I will make sure the total risk for the 4 pairs is less than 2% for example. Frankly ...
Nb 10.0 trend trading system
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Binyamin replied Jun 20, 2012Thanks for all the sharing. I hope you will be alright. I am sure some of us including myself will be with you prayer.
Nb 10.0 trend trading system
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Binyamin replied Jun 19, 2012For my previous testing and how I trade now. TP2 will exit either at a stop lost or when the slope goes in between 0.4 and -0.4.
Nb 10.0 trend trading system
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Binyamin replied Jun 19, 2012It is for their safety, the Americans cannot be trusted by their government to have too much freedom like hedging and trading CFD or to even eat the food from their own garden because garden food are not approved by the god-sent FDA. The US ...
Nb 10.0 trend trading system
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Binyamin replied Jun 18, 2012Well NNbob simplified the whole mess with the news. Whether the price is above or bellow the pivot, it is an indication of the current market sentiment. The method have an edge. The weakest link in the system is us, so I will try to follow the ...
Nb 10.0 trend trading system
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Binyamin replied Jun 18, 2012AUDUSD, NZDUSD and NZDJPY is giving the text book signal to long now. D1 slope and H4 slope indicates so. Will enter at the close of this H4 bar..... Its hard to live by faith and not by sight when it comes to trading because my mind is telling me ...
Nb 10.0 trend trading system
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Binyamin replied Jun 18, 2012Shorted GBPNZD. Reason? The system told me so... Update: Hit my 1st take profit for 0.5%, I have a second one running and I just entered a 2nd pair of trades at the S1. All in to profits now. From backtesting and my feeling about it, I really feel ...
Nb 10.0 trend trading system
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Binyamin replied Jun 15, 2012Yeah good point. It is much harder to trade when you need some news to confirm your trade. AUD and NZD is rising is all I need to know. Anyway the AUD and NZD have been rising on many pairs and the D1 slopes are indicating buy. Will look to buy if ...
Nb 10.0 trend trading system
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Binyamin replied Jun 15, 2012Sell GBPNZD — It hit my Sell order at S1. I hope to liquidate it before the weekend or when it hit S2 which ever comes first
Nb 10.0 trend trading system
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Binyamin replied Jun 14, 2012Just a note NZD has been rising on all pairs. I wonder why.
Nb 10.0 trend trading system
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Binyamin replied Jun 13, 2012Exited EURNZD for a profit from an earlier position and a small lost in a recent one- -0.1% The H4 Tma slope indicates ranging that's why.
Nb 10.0 trend trading system
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Binyamin replied Jun 13, 2012I am afraid as hell to put money in any banks in Europe... What do you folks think, will your money be safe there?
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