Good thing about this strat is the signals comes often enough so that if you're like me and have a fulltime job, you only need focus on 1 or 2 pairs. I only trade EU & GU.

Profit All Day System

...did you take it?

Profit All Day System

I'd personally advise against this, but you know your broker. I use Oanda and the spread widens to 25pips typically on NFP, so low odds on surviving the whip...one NFP a few years ago they widened 200pips....in error, they sorted it quickly to their ...

Profit All Day System

Yes, that's where it would be given current price action....looking more like a 123 reversal north on the 5min now...we'll see. I'll be staying flat until after NFP.

Profit All Day System

GU (5/15) short nrly there again... — ...last swing low (as per strat) 6112, but i'd prefer to see today's intraday swing low (6107) broken before taking another short...getting close to NFP now, so will probably wait until afterwards anyway.

Profit All Day System

Looks good.

Profit All Day System

you don't need to check the emas on the 5min around entry, it's the 15min emas that are important (need to be trending well).

Profit All Day System

Agreed. EU is a mess, GU much better. Currently in a GU short with 70% now taken off and stops moved down just above last swing high (6125) which is more or less breakeven level on the 30% runner. One of the most complete strats i've used and stress ...

Profit All Day System

GU - 5/15min short underway - sl32 70%tp16 — .

Profit All Day System

Agreed. My thoughts from observation is that CCI will often generate 3 peaks/troughs before price finally reverses (on the 5min)...so CCI first moving above/below 90 is probably the higher probability option for making more on the 30% runners but ...

Profit All Day System

There's wide opinion about this. I personally trade up to about an hour before the announcement and then wait for the dust to settle afterwards...depends on your own risk profile, i guess.

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Excellent, thanks Cubby.

Profit All Day System

Nice trading. Apologies if this has been asked before, i haven't found it posted so far, when you take the 70% do you move the SL to breakeven at that point too, or leave it at the same level?

Profit All Day System

...and re the validity of waiting for the emas to cross before taking the final 30%! Nice one.

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Many thanks for your advice, Cubby.

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i was happy to take the remaining 30% off on the 5min 123 break long, as this is also around today's S1 pivot and today's ADR is looking quite stretched now and ready for a retrace.

Profit All Day System

Cubby's post 318 — Post 318 will explain...you don't use the lower TF emas as entry criteria.

Profit All Day System

GU long — GU 15min with MA periods set to reflext the hrly chart. Nice signal earlier breaking the Asian range high and for any news traders a break of the Frankfurt swing high 15mins ago...i wasn't around to trade them.

Profit All Day System

Thanks for your post. It was post 677 I was basing this entry from....lol....the hourly had printed a sema high (as per post 677 chart) and i was trading the 15 off lower lows from that high after a pivot break...that's why i was surprised by the ...

Price Action Trading with Indicators! The Freebie System

Uh, i've misinterpreted all the charts on the thread then....i'll have another look at the recent trade examples on the 15min to see where i've ballsed up...incidently, i see no reason why we shouldn't trade the retrace, to gather pips between pivot ...

Price Action Trading with Indicators! The Freebie System