For what it's worth the EUR/GBP is not one of the better pairs to be in... trends are generally quite choppy if and when they happen.......

Quick and Dirty EOD

No truer words have ever been uttered........

Daily Chart w/ 10sma

Me too. I have absolutely no problem with that... I like 123 pattern trading.

Quick and Dirty EOD

It appears this is becoming a123 type add on once in the trend......

Quick and Dirty EOD

In my main trading system I don't even need the candles on the chart.... I just trade the cross-over.... I add to position with 123s and retracements... for thos I do need to see the candle though. CHART At any rate it works for me...... and that is ...

Quick and Dirty EOD

I use the 10 SMA and 10 WMA... weighted moving average.....

Quick and Dirty EOD

Entry is at the breakout of the candle.

Quick and Dirty EOD

Man this is starting to sound pretty complicated....lol How about this instead... nice and easy, ..... easy peazy. http://screencast.com/t/b0w9ueuNV5R The Weighted MA is faster than the Simple MA and as such is an indication of the trend. Price is ...

Quick and Dirty EOD

Take a look at the GBP/AUD......

Quick and Dirty EOD

USD/CAD is not one of the trendiest pairs to trade...... In fact the USD/CAD is just not an easy pair to trade period. Find the stronger trending pairs to trade for this method.

Quick and Dirty EOD

One more issue with "BackTesting" using MT..... unless you have high quality data, and are an expert programer, the results of Mt back testing is suspect... not to mention the nature of MT being suspect anyway............ I would prefer to see ...

Quick and Dirty EOD

Yeah that spike got me too.......

Quick and Dirty EOD

Regarding trading correlated pairs... While there is some variance in the correlation, if you intend to trade them adjust your risk accordingly. If you place 1% on 2 correlated pairs you are effectively applying 2%... So instead of that consider the ...

Quick and Dirty EOD

I would have sent this to you in a PM but after I thought about it for a bit, I thought this should be posted for everyone to read and think about because trading is not the road to easy money that many would have you believe it to be. While it is ...

Quick and Dirty EOD

Yes... I have one as well at 1.05395. I expect some additional retracement before the resumption of the uptrend, I will likely follow the highs down to the bounce..... kind of a trailing buy order....

Quick and Dirty EOD

I won't go into that in this thread because I want this thread to stay on track. If you would like to PM me I would be happy to help you.

Quick and Dirty EOD

I'm sorry but I don't understand your question......

Quick and Dirty EOD

I think either of those ideas would work. Since the entries seem to be pretty straight forward and I think just about everyone has that part down I think it is now time to start looking at the exits for this method.... anybody can enter a trade, ...

Quick and Dirty EOD

I think you will find 50 pip SL gets hit way too often....... You have to give the market room to breath.

Quick and Dirty EOD

As the trend comes to an end this will happen more and losses will be incurred, losses are a part of doing business, the key of course is to keep your losses small. The only problem I have with this system is the limiting of the profit potential to ...

Quick and Dirty EOD