Agreed. This system will also keep you from over-trading which can be an account killer.

Great GBP/USD Strategy for Swing Trades

Yes, you have to be patient with this one. From averages that have been posted here, you are only getting about 4 trades per month. But at 3% per trade, that can amount to about 18% per month on your balance. I don't need to remind you what kind of ...

Great GBP/USD Strategy for Swing Trades

This system is not based on moving stops. Although moving it to break even in this case may have saved you money, in other cases it would have taken you out early and you may miss a 200-300 pip run. It's amazing sometimes how one 4hr candle comes ...

Great GBP/USD Strategy for Swing Trades

Yep! From Columbus!

Great GBP/USD Strategy for Swing Trades

Wait. This is a non-discretionary system. The minute you try and out-think the market, is the minute you will lose. You must accept losses if they come. With patience, the wins will come and outnumber the losses.

Great GBP/USD Strategy for Swing Trades

Here is my chart.

Great GBP/USD Strategy for Swing Trades

yeah, they are applied to the close and still the 13 has not crossed on my charts. they way i understand it, you must wait until the cross then open at the new 4 hour candle. so, technically you wouldn't open a trade at 00:00 GMT because the last ...

Great GBP/USD Strategy for Swing Trades

Yeah, 13 has not crossed yet. The earliest you could enter would be 12 AM EST as you cannot enter until it crosses, and then you have a new open candle.

Great GBP/USD Strategy for Swing Trades

Well said. Remember that you open at the next 4hr candle AFTER the cross. Be patient. This may be a 4hr trend line test.

Great GBP/USD Strategy for Swing Trades

I wouldn't take it going into the weekend. I wouldn't take it until that second ema crosses. Then you will never second guess yourself or the system. Stick with the rules and you will never get mad at yourself for making the wrong move!

Great GBP/USD Strategy for Swing Trades

the 4 just crossed on the GBP. I assume we wait for the 13 to cross the 50 and take the trade on the next 4hr candle open?

Great GBP/USD Strategy for Swing Trades

they look good, however, after the london close you don't normally get a lot of volatility.

bringin sexy back - stochastics

I'll be there in a few once I remember my login name.

bringin sexy back - stochastics

thanks pipsacker!

bringin sexy back - stochastics

eur/gbp looking good. nice up trend on the 4 hour, also. just a slow pair though.

TEB sytstem

i think this may be a small fib retracement back to the 50% or 61.8%. i'll keep an eye on it if it breaks south. however, i believe the yen in running the market today, so i'm watching for correlation on that one.

TEB sytstem

watchin' pound.

TEB sytstem

just the 5 pips from CAD

TEB sytstem

Pulled +5 out of the CAD and got out. It was stalling and I still think the overall trend on that one is CAD strength so I didn't like the idea of hanging on to a buy for too long.

TEB sytstem

Been watching, too. It has some potential to the upside. But, I think I better wait on the news.

TEB sytstem