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Digitalis replied Jun 16, 2009News — Just a reminder there is red-flag GBP NEWS scheduled for 08.30 GMT today, EUR at 09.00 GMT and USD at 12.30. There are other medium impact times too so worth checking the calendar.
EUR/GBP Trendmagic System
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Digitalis replied Jun 16, 2009Will be interested to see the results, sounds a very sensible method. I'm still thinking about ways to maximise pips from a trade. Coming to the conclusion the best way might be, as I think Edge suggested in a throw-away comment, to just use the ...
EUR/GBP Trendmagic System
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Digitalis replied Jun 16, 2009That'll be me then Jim. All I'm using is TM, Single Time Frame HG indicator and Multi-Time Frame HG indicator. It's working fine and making good pips. The exit is the tough part, figuring how to maximise the pips and that's why, as usual, all these ...
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009Hi Steve - well done, my decision to focus on eurusd only gave me 27 pips today, had to work hard for that (well, wait hard!) after an initial -35 pip trade. Time to change my mind! I'm interested in your trades but couldn't see the exits on your ...
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009I don't think discussing different timeframes is a problem, that has been talked about with Paulus and TG and they didn't have a problem with it. It's everybody diluting the focus by suggesting/posting loads of other indicators that is the issue...
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009Thanks Edge, you're right I need to focus on more pairs, or at least pairs a little more volatile. I love the fact I'm fed up, having made 27 pips for the day. Previously, I was more than happy with 10-20 pips per day full-time trading
I'll have ...EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009I need a re-think — Well, I was determined to trade only eurusd and stick strictly to the SL rule. So I've had 2 trades today and it's been like watching paint dry. Wouldn't be so bad if could set and forget, but it's too slow when you have to ...
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009Hmmm, so maybe I should be using the STF indy in conjunction with the MTF 15m and 30m squares instead, there's a thought. Think I'll have a look at that.
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009It's dried, had it's 5th coat and ready for wallpapering instead I think. You're right, as gillybabe called it, the "least" is murderously slow. I might think about trading another pair alongside it, someone suggested trading usdchf at same time. ...
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009Interesting, I entered short too, but my HGMTF 5m didn't change colour until 1 square after yours, so I'm in later after the big down candle. So I'm stuck in there about -12 down at the moment.
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009Which have finally triggered a trade thankfully! No sooner did I write that than it broke out of the channel. Short at 13844. SL 13879
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009In that case, you're on your own, shame on you! Seriously, we had a good down trend until around 8.30 BST but it's flattened out since then and ranging for about 30 pips so you're not going to get higher value moves until it breaks the channel. Keep ...
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009Hi Anne TP and SL will depend on what timeframe you're trading. Which one are you on? I'm only trading EU this week. Started at 07.00 BST and haven't taken a trade yet. As we've only recently had our first colour change on HGMTF after 11 hours, I ...
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009I've had that problem, closest charting match to IG I've found so far is Alpari, am using them (UK).
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009I see why. I reckon this is IG Index Australia, I'm using UK...
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009Can anyone direct me to the version of TM that allows parameters to be changed? Been through the whole damned thread and still can't find it, I'm sure TG said she posted it on here somewhere... Thanks... Edit: Got it from post #40, thanks for the ...
EUR/GBP Trendmagic System
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Digitalis replied Jun 15, 2009Well I'm looking at the live prices offered as I write and there's definitely a 2 pip spread between them...
EUR/GBP Trendmagic System
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Digitalis replied Jun 14, 2009One week of Magic on the EURUSD — Initially, I was going to trade the coming week focused only on entries after pullbacks, as described by Paulus. But in my first, learning, week using this method I made well over 50 pips for the week which, ...
EUR/GBP Trendmagic System
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Digitalis replied Jun 12, 2009I agree, I've actually turned the TV off so I can enjoy the Edge and Notch show, great Friday night entertainment. (Now watch, Notch will want first billing
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