GBPUSD: long signal SL at 1.5436 PT at 1.5620 I'm not sure that's a good one to take as it should make 90 pips and we have some news for USD coming in less than 2 hours.

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I really don't understand the members in that thread. Because if the thread owner might be fed up after sometime to always answer newbies' questions, the other members are often willing to help, but there, they are all rushing together to kill any ...

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What? really? With only what you wrote he has already banned you? He is really a kid! Sorry that you have been banned because of me.

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Yes, you're right. It's working fine now. I only had to change something in the list of conditions: MathMax(c4_open,c4_close) < MathMax(c2_high, c3_high)) && MathMin(c4_open,c4_close) > MathMin(c2_low, c3_low)) replaced by MathMax(c4_open,c4_close) ...

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EURGBP: sell entry SL at 0.7850 PT at 0.7810 For the two previous sell entry, I forgot to add the spread to the stoploss, so you'll have to add the spread to both the SL and the profit target. Sorry for that.

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Perhaps it was not a good idea.

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CHFJPY: I'm getting a close right on the line between the channel and the sell area. I'm taking it. SL at 79.22 First profit target is 78.60 EURJPY: sell entry SL at 95.14 First profit target is 94.42 No signal on GBPJPY: a new channel appeared.

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By the way, it's great what you've written in the other thread. Well he has always a sbire to defend him. It must be the thread whose members are all the lucky people in the world. When the trades are negative, fortunately they had no internet ...

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Don't forget that if a signal occured before London Open, price should first retrace back to the middle of the channel before we can enter on a new signal.

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Today we have not less than 13 currency pairs to follow. They are in a channel or close to it and the channel did not give it's potential, yet. I mean no trade closing in profit and originating from the channel has happened. AUDUSD CHFJPY AUDJPY ...

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Thank you coastie ;-)

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Hi Ralome, There is an error in your indicator. You're computing the high, low, open and close of an hourly candlestick on the 15M chart. But if the candlestick on the H1 chart chose the price from let's say 09:00 to 10:00, on the 15M chart you take ...

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Hi jako2, I don't know if the indicator is wrong or if it is due to your broker, but the second short entry didn't occure on my chart. The first one must be ignored, because it is before London open and the second one didn't appear on my chart. The ...

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If your EURUSD trade is still open, you can now set the SL a few pips below the previous low at 1.21123. If price breaks below that level, the profit target will likely not be achieved.

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That's it for today. Well I'm keeping an eye on EURUSD of course :-) I'm also thinking of closing the trade as it's near breakeven, in order to avoid the erratic move often occuring until next London Open. Well, don't forget that this system is only ...

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You're right! Thank you for having found that mistake Ralome! :-). I'll correct it and also check more than only the previous channel.

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Profit target on GBPUSD reached :-) From now on, we are already too late in the New York session and I would not enter any trade anymore for today. So what ever happens for EURUSD we end the day with a positive result.

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As there is an important news for the dollar in less than one hour, I suggest you close one half of you trade if you're in profit and set the SL to breakeven with the remaining half of the trade in case things go wrong. Do it a few minutes before ...

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Hi Ralome, Have you been able to find why our indicators don't draw the same channel?

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As you've seen, the trade we did not take on GBPCHF (because the candlestick closed too far below the sell area) reached the profit target in one candlestick after a small pull back. But you see why it is dangerous to take such a trade. that tall ...

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