Yes, I did faithfully today but can't really say a day is a valid sample! GBPJPY -40. Looking back this might have been due to a c*ckup by me, unless there has been a repaint I haven't noticed. GBPUSD +53. GBPJPY + 46. EURUSD + 11. Net gain 70 pips. ...

EUR/GBP Trendmagic System

I've been thinking about that over the last few days. Especially this morning when 200 pips up and closed at 110 pips up. The thing is, the average daily ranges have changed fairly dramatically while I was on my sabbatical from trading over the last ...

EUR/GBP Trendmagic System

Yes HG0001a is the single-time frame indicator. Whether that's the one you want to use is up to you - I still find the MTF better even on one pair, it gives a bigger picture showing how the other timeframes are trending. I can forgive it the ...

EUR/GBP Trendmagic System

Trading Times — Anne - you can start at 6 or 7 in the morning, 6 will give you a few more options but personally I prefer the extra hour in bed, there are still plenty of opportunities in the morning session, as we've seen today. I started at ...

EUR/GBP Trendmagic System

I wish I'd stayed around and traded the reversal on the eurusd. About 40 pips up from entry trigger at the moment. Today's learnings: I'm going to stick with the 5min charts. Only going to trade B&B and eurusd. Remember to check for red-flag news. ...

EUR/GBP Trendmagic System

Was just going to reply re GJ channel and it broke high. So I'll give that as the answer Just been stopped out the EURUSD trade for 11 pips. Total positive pips of 110 today and 1 loss of 40 pips that I'm too embarrassed to go into detail about. ...

EUR/GBP Trendmagic System

Damn it, I need to get to Tesco's! Seriously, eurusd going well, 20+ pips at the moment and SL at breakeven, so whatever happens it's a free trade. And 5, 15 and 30 lights are all now red, let's hope that means it's got further to go...

EUR/GBP Trendmagic System

Because it's a bloody big profit? I see that was support a little while back, maybe that's the reason.

EUR/GBP Trendmagic System

The quandary — Do I move the SL down to next TM level now, as I think Paulus does, and risk getting stopped out early? Hmmmm, I think I will... Price hitting resistance at 13906 at the moment, bet if it breaks through it'll surge... (Also note ...

EUR/GBP Trendmagic System

Have a look at post number 414 by Paulus, that should help. SL is at the previous horizontal TM line, I've put mine a couple of pips above it at 1.39380. You've pre-empted a question I was going to raise. Here's the chart with the entry just about ...

EUR/GBP Trendmagic System

I'm looking to short the EURUSD on the next 5m candle. Think I'll make this the last trade of the day. This getting up early business isn't so bad after all!

EUR/GBP Trendmagic System

Here here! Just been stopped out of the gbpusd for 53 pips profit. So maybe I should have traded the 5 min and taken the 84 pips offer! So 2 trades have netted me 99 pips. At one point, the 2 trades were in profit by a total of 200 pips, so 50% of ...

EUR/GBP Trendmagic System

Looks like breaking the rules (or should I say "anticipating" ) paid off for you this time!

EUR/GBP Trendmagic System

And on the trading front... Still in the gbpusd, would have been stopped out on 5 min but trading the 15. Up around 70 pips, entry @ 160619, SL on current TM horizontal at 16115 so 54 pips profit locked in. Trading the 5m would have stopped me out ...

EUR/GBP Trendmagic System

Stopped out of the beast for 48 pips profit on 5m chart. Still in cable on 15m chart, currently up 92 pips, with 53 of those locked in. It was worth getting up an hour earlier for! A quiet day, only 98 viewing this thread as I write.

EUR/GBP Trendmagic System

Paulus - on the gbpjpy, when would you move your stoploss up to the next level, that is just forming? Wait for a horizontal? Cheers... Edit: haha - good timing, don't bother to answer!

EUR/GBP Trendmagic System

I'm long on cable 15m and gy 5 min. Been up 120 pips but expect there'll be a pullback. I'm going to stick to the rules for exit, but will be thinking about a partial TP for future trades.

EUR/GBP Trendmagic System

Yes, I'll be looking at that today, whether it should be one of my rules to only enter if the preceding TM line is angled. I'm also comparing 15 min with 5 min, I think I'm going to prefer trading the 15...

EUR/GBP Trendmagic System

Blimey, it's light at this time of the morning! — So i'm up earlier than usual, ready for the 6.00 GMT moves, only to find long triggers on B&B happened about 20 minutes ago. Think I'll go back to swing trading Looks like they're turning on ...

EUR/GBP Trendmagic System

The first part of the statement is a certainty (higher stop loss), the second part is only a probable. So I'll stick with the lower time frames until I'm in the zone with this method.

EUR/GBP Trendmagic System