Forgot to add, the MACD strategy and mine only ever overlap (sometimes) with the trend continuation signal. Here, if all else fails I'll employ the average drawdown gained over backtesting and 33% of ATR(20) as targets exit strategy.

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Exits — The ideal exit points would be a risk:reward ratio of 1:1 or better. 1) I may adopt Phillip's exit point strategy of employing the MACD strategy moving averages as support/resistance exits.I'll do this if I got the MACD strategy ...

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Thanks for the heads-up,hussin. The only problem is my broker doesn't offer these pairs,only the majors,commodities,indices,bonds and US,European,Asian and South African stocks. Therefore I can only take one of the trades, the buy usdcad. I use ...

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Trades to date (in pips) — Trade #1 = 17 Feb GBPUSD +100 pips Trade #2 = 19 Feb USDCHF -121 pips Trade #3 = 25 Feb USDJPY -122 pips Trade #4 = 6 March SILVER +250 pips Total thus far: +107 pips

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Silver — This was taken from an earlier post.Today's Silver trade was with the trend ,but there is the danger of exhaustion. Silver is in unchartered territory, all-time record highs at the moment. Today's trade lasted all of three and a half ...

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USDCHF — Yeah, forgot about swissy. UJ and Swissy followed slightly similar retracement,like hussin calls it "stopping for sushi", so no indication on Swissy either.

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Hi dhalsim. Thanks. You're right,I don't trade the USDCAD at all.Concerning my strategy, nearly every daily chart that I follow coughed up something,all except UJ, but like I said in a previous post, I've backtested each of my three signals on ...

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Trade #4 — Readjusted stop loss hit for 250 pips profit. Sneaked up on me when I wasn't looking!! Could've had 350...but... Woulda, shoulda , coulda...this is all about account preservation, so I won't scoff at 250pips EVER!!

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TRADE #4 — Locking in profits at 250. Will only readjust it after tomorrow's close, provided its not taken out by then.

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Trade #4 — +265 pips up. I'm locking profit in at 200 pips profit. Will lock it in in increments of 40 pips.

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Trade #4 — Bought Silver Daily @ 20.905. My system told me to go long after yesterday's candle. SL =20.345 TP= will wait for today's or tomorrow's candle close. CHART CONFIRMATION: Bullish engulfment. TC pattern on MACD. WORRIES: Increased ...

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Long tail attached to candle followed by another tail.No short confirmation here. Have to wait it out.

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posts #97 and #98 — Tweezer bottom indicates movement up. Could be just a slight retracement before going further down. I think market is eyeing the big NFP news on Friday before a significant move.

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Good thing I left yesterday's buy signal, because there's a strong sell signal forming on GU 4hr. Trend continuation forming on MACD. Candle will close in 3 hrs time.Wait for confirmation.Support +-70 pips away is a good target.Ideal stop would be ...

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Thank you very much for your input ,hussin. Really appreciate it.

Daily candle chart

Checking the charts... — My high probability signals aren't really showing me anything at the moment. Waiting on signals to pull the trigger on all charts.

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Left GU 4hr signal. — Thought of buying GBPUSD @ 1.9875 based on my system giving me a signal on the preceding 4hr candle close.Plus bullish MACD Divergence. TP @ 1.9975. SL @ 1.9799 Left the trade because price is in an area of heavy ...

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I know that the day following a Hanging Man signal needs to close with a black candle or better yet, a gap down with a lower close.This won't happen today, but there is indecision. I won't be surprised by further movement up, fuelled by more weak ...

Daily candle chart

Silver — The day following a Hanging Man signal needs to close with a black candle or better yet, a gap down with a lower close.This won't happen today, but there is indecision. I expect further movement up, fuelled by weak news numbers out of ...

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Silver Daily — Posted here concerning Silver Daily Chart url

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