Correct

Open-Close Trending with Hedging Discussion Thread

From what I see from the charts you would have closed the north bound position and had no hedge in place. (only a pending position if things went against you) Hedges are only placed when the last position you took is in the - when your next position ...

Open-Close Trending with Hedging Discussion Thread

.5 resistance @ 237.66 — Meeting resistance @ 237.66 which is the daily .5 resistance

Daily GBP/JPY analysis

Ebenst, Thank you for your hard and effort studying this system with the H4 25LWMA and posting your results. This is a very time consuming process, but very beneficial to all. Thanks again. yezbick

Open-Close Trending with Hedging Discussion Thread

Thank you for all your hard work backtesting. Looking forward to seeing reading your results. yezbick

Open-Close Trending with Hedging Discussion Thread

Just did a quick back test on the above. Resulted in an average of 158 pips a week. Testing done back to November 20th. Only saw 4 small wipsaws during this timeframe. Total pips earned was 3,471. Very little maintance as some of the trades lasted ...

Open-Close Trending with Hedging Discussion Thread

?? — tKimble, I like the concept of hedging inside the +/- levels. It makes good sense. One thing I ran across though is the following. It seems that the shift can cause losses. I have enclosed a chart below describing the issue in question.

Hedge Wedge Trending System

Gmak, I believe that this has some merit. The short ma would have to be short enough to give a good indicator when we are officially out of the ranging period. I think that a less than 10 ma would be best. 5 seems to work pretty well.

Open-Close Trending with Hedging Discussion Thread

What period LWMA are you using for the testing? Thank you for all your hard work. Looking forward to seeing your results.

Open-Close Trending with Hedging Discussion Thread

Possible option — Long MA but stands a good look. Not much wipsaw. H4 = 125LWMA 25+/- H1 = 500LWMA 25+/- M30 = 1000LWMA 25+/- Example listed in H4. Wipsaw almost totally removed.

Open-Close Trending with Hedging Discussion Thread

After studying this for a while, it apears to have some merit. Actually what you have when you have a 25LWMA in a H4 is the equivelant of a 100 LWMA in the H1. If you want to ananlize it in a M30 you will need to use a 200 LWMA to make it the same. ...

Open-Close Trending with Hedging Discussion Thread

236.21 is the weekly pivot. Appears to be giving the pair some trouble.

Daily GBP/JPY analysis

237.24 broken — Waiting to see if holds, 10-20 pips below should do it. Next target is 236.84, go GJ go.

Daily GBP/JPY analysis

Way to gagiul, your gut has paid off nicely.

Daily GBP/JPY analysis

Possible south bound underway again — Time frames H4 through M1 are all short trends at this time. Looking for break below S1 @ 237.24 for confirmation of south direction.

Daily GBP/JPY analysis

Thank you for the reminder. W1 and D1 trends are long. Currently H4 - M15 are short, and M1 & M5 are long. Mixed bag lol.

Daily GBP/JPY analysis

From my limited knowledge of fibanocci's. The price has failed to reach the 38.2 (at least so far), which shows that we are in a strong down trend. Shorts at this point are likely and should be a good time for a short. A good place for a short would ...

Daily GBP/JPY analysis

Interesting that you found this by accident. The H4 with the same 25LWMA and +/-50 levels appears to work very well. I have been running with the basic tKimble and have completely overlooked the H4. Your idea of switching to +/- 25 on the H4 does ...

Open-Close Trending with Hedging Discussion Thread

Possible Retracement underway — We went through our lower level 50 this morning @238.00 Looks like a strong south bound trend is underway finally. We should have opportunity to remove any shorts that we have accumulated. As for holding hedged ...

Open-Close Trending with Hedging Discussion Thread

Possible opportunity with fib calculation — Current fib retracements at 31.8 @ 237.64 and .50 @237.88 Possible opportunity for another ride down to the daily low and beyond. Hope this is the correction we have been waiting for. yezbick

Daily GBP/JPY analysis