What do you think on eur/gbp daily BUOB ? ppz + 50%fib + 200 EMA enter below .87, be @ 20 pips, much resistance coming its way, 1st tp around .865 what would you say ?

james16 Chart Thread

no trade 4 grant today, ema in box

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you'r right.

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BE @ +25 you know ? today price went down 40+ 5-7 gmt+1 (4-6 gmt)

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pivot & s/r lines working like a charm. i know this does not work everytime, and i will miss some good trades, but ive seen this too often to ignore it. took some profit at the support line which was ~ 13 pips, but did not touch the SL, which leads ...

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Yeah i use daily pivots along with s/r lines i draw using the last 2-3 days. If you try and watch them, u see this works great The 4% was only the amount i won today, i risk 3% (3k account) on each trade. sl = 15 pips as grant uses it. so 5 pips = ...

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I've attached my chart. I was watching the 10:00(GMT+1) candle, price was stalling around my price pivot zone @ 1.60600 and almost forming a PinBar, with the PMI coming up i decided to move my stop to +4% (20 pips) for today. On the second chart you ...

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I did exactly the same, 20 pips for me, up +5 pips (1%) this month

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this is without moving SL to B/E and i cancell @ 17:00 GMT+1 No daylight changes. And yes, no trade if EMA is in the box. 2005-2007 are low because i havent used to move SL to B/E I would definetly recommend to move SL to B/E @ ~25 pips !! preserve ...

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You noticed the spread on gbp/usd ? Usually ( on Alpari ) it was 3, but the last days/weeks i saw that it was between 1-2 !

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no

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I did a 'quick' backtest (visual) from jan. 2005 to dec. 2009 results on attached image

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But you will post indicator too ? i prefere to trade manually. rgds

Money management plan - Your way to the millions

nicely done! i'll look forward to test your system. Is that both 1H ?

Money management plan - Your way to the millions

lol, dont know what else to say about these ppl....

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no trade 4 grant today

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yeah lets get back 2 topic plz !!

james16 Chart Thread

You know this was ment sarcastic ? And i agree with you, you cant blame american people, it's politics as usual. Obama won't change anything, sorry to say that.

james16 Chart Thread

every time i read something like this i have this attached pic in my mind

james16 Chart Thread

thx grant, your method worked well in 08 and 09, visual backtest resulted in 1151 pips in 08 and 3000 in 09 (without BE @ 25 pips, so there might be some more pips due to less loosers)

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