If you trade the BAT system on the 1 hour chart only and take the next candle that exceeds the first candle that crosses the BAT line. Move stop loss to Break even after 50 pips. This has a 75% success rate on the GBP/JPY. Waiting for the next ...

BAT EA modification

Hi, Any chance you could show a larger clearer image with the exact resistance level? Many thanks Also what is your current position on this pair as it seems that you trade in a similar way to myself Regards David

Brave Heart of GBP/JPY

Hi, Any chance you could show a larger clearer image with the exact resistance level? Many thanks Also what is your current position on this pair as it seems that you trade in a similar way to myself Regards David

Brave Heart of GBP/JPY

Exactly as I see it.. I do have difficulty around fibs trying to exit or add to positions. I have an order to close my longs at the fib level, but not sure when to go long or short thereafter. Do you wait for a 1 hour or 4 hour candle to open or ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

[quote=monarch;1557226]There is no doubt bro, I am going to have my computer on at 30 min prior to Frankfurt, then once I clear my target, this puppy is going off again. We don't need screen time, and I start to dabble too much watching the charts, ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Karmo, you sound like i did when I was doing extremely well and then blew my account due to too much confidence!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Is this normal to get this much volume after DOW closes and waiting for Asia to wake up?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Its a daily resistance line

Auslanco - GBP/JPY and GBP/USD (newstrade)

Long since yesterday at 226.30. 1st target 231.50 2nd 235 (61.8% fib) Back to 250 and beyond within 6 weeks IMHO

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hi Karmo, Just curious what you do once your target is hit?, Do you just trail 100pips+ below and wait for the next target or something else? Dave PS so far up 300 pips from my long 226.40 late yesterday. I reckon the 251 level will be back within 6 ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Any reason why Dow has jumped up buy GBP/JPY hasn't. To me if Dow starts falling now G/J will drop fast.. Any views anyone?

Auslanco - GBP/JPY and GBP/USD (newstrade)

1 hr Candle closed at 229. I'm long again target 231

Auslanco - GBP/JPY and GBP/USD (newstrade)

If next hourly candle closes above 228.68 (fib 32.*) then this will in my opinion be a bad call. The fib and daily support is at this level. Next target 231 IMHO

Auslanco - GBP/JPY and GBP/USD (newstrade)

Can anyone advise where to get the Dow futures info from please Dave

Auslanco - GBP/JPY and GBP/USD (newstrade)

Why on earth are you advocating trading on a 5 minute chart... Total waste of time in my opinion!

Auslanco - GBP/JPY and GBP/USD (newstrade)

opening 225.85

Karmo's trading strategy trading GBP/JPY

Hi Karmo, Can you repost your current position, if any, with Targets and stops Thanks Dave

Karmo's trading strategy trading GBP/JPY

What I mean is more often than not price bounces off fib as on Friday (61.8%) fib. How do you deal with this situation because the 4hr chart is still trending DOWN so logically that would have been a good position to short with 200+pips in the bag ...

Karmo's trading strategy trading GBP/JPY

Thanks Karmo, So once a trade in locked in for say 10 pips do you use trailing stops or just leave it to hit you first fib level target Also how do you go about trading once your target is met. (i presume at a fib level) Do you close and then wait ...

Karmo's trading strategy trading GBP/JPY

What about stop loss levels.. Do you use pivots and daily support/resistance levels? I use MT4 with daily pivots etc plotted if anyone is interested in using these on MT4 platform. I can post them here I also use trailing stops minimum 100 behind ...

Karmo's trading strategy trading GBP/JPY