agree, democracy has set mankind back by centuries IMO. anyway, we digress.

Cable Update (GBPUSD)

who was it swearing that we'll be at 1.9300 yesterday? (P.S. London is the capital of the free world: we invented democracy)

Cable Update (GBPUSD)

steer clear during news time.

The Pouria Method

attached is the manageTP EA. Perhaps yu can take somecode from here to implement the above TP strategy?

The Pouria EA Development Thread

Mikhail - you're doing great work. I think what will really give this EA potential will be a partial take profit routine, whereby the first lot is closed fro about 15 pips and the second lot running free with a stop at break even. Just eyeballing ...

The Pouria EA Development Thread

beware the mighty pound - king of all currencies

Cable Update (GBPUSD)

so divide the trade into 3, then exit at 55, 89, and 144 pips?

The Pouria EA Development Thread

One way would be to backtest and find the average pips each signal gives on each pair. Although that's very laborious. How about a good old trail-lock?

The Pouria EA Development Thread

Mikhail - awesome stuff. the next thing is to get the managetakeprofitEA code into it so we can take partil profits and makethe mostof some of the big trends this method gets.

The Pouria EA Development Thread

great! so we just need the values of for the formula for each currency pair going back over a decent timeframe, say 1 year.

The Pouria EA Development Thread

this happens a lot at weekends for some reason

Daily GBP/JPY analysis

mmm, the EA opened a buy on EURJPY at 1500GMT with no sign of a signal on the chart (M30)

The Pouria EA Development Thread

i actually went long this pair on trying out the methodBB style of trading. so far so good up 20 pips.

Open Opportunities

short covering on geppy might be over now as well. Could see a feed through to cable this afternoon.

Daily Cable Analysis

Bush's call for americans to use less oil may put pressure on the USD today.

Daily Cable Analysis

there you go, order restored. I still think there was some stop-hunting going on there. just wish I'd re-inforced the my hedge at the fib level.

What is with the JPY Spike?

it was somewhat priced in, and the 5-4 shpws that some belive another hike won't happen soon. GDP is supportive though.

Daily Cable Analysis

GBPJPY has bounced off a fib level at 238.38 and if GDP comes out good I'm sure we'll be up over 240 pretty soon. A healthy retracement overall.

What is with the JPY Spike?

maybe the big boys aggressively neutralising stops to take more carry for themselves.

What is with the JPY Spike?

Aha! Shows how much he's read!! SRDC1 had a buystop at 1.9791.

SRDC Episode I