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ephisi replied Jul 14, 2015Asia trades turning out well. impressed. Audnzd should head down soon anywhere from here up to 1.1150
The sacred edge 2.0
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ephisi replied Jul 13, 2015Logged in some setups for Asia. audcad long 0.9436 stop 0.9336. Take profit open Audnzd short 1.1203 100 pip stop, take profit open AUDJPY short 91.69 100 pips stop take profit as usual. 2 other pairs of my watchlist
The sacred edge 2.0
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ephisi replied Jul 13, 2015Less trades, less stress, less screen time, more pips easy does it. I would have love to let the Trades run but because I got bad/late entries there's not much room to handle pullbacks before continuation. Both Gu and ej can move 100 to 200 pips ...
The sacred edge 2.0
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ephisi replied Jul 13, 2015Yes mate, really great. But if you read the introduction of my new thread you would see that I have merged all my trading theories into one. I no longer need to position trade. I can dance with the market In and out and make more pips that way. The ...
Long term position trading
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ephisi replied Jul 13, 2015Just as I expected. A strong rally followed by rejection. I got in 100 pips late but still a good trade. Better entries next time. Still expecting gap us to follow suit. But will be looking for a long signal if and when we swing low.
The sacred edge 2.0
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ephisi replied Jul 13, 2015Hey LE remember I told you I once used something similar to liteholes/lines,? But I stopped because I couldn't figure out when to use them. They are very powerful. The are now a major part of my method. I figured out when to apply them. Hope you're ...
The sacred edge 2.0
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ephisi replied Jul 13, 2015Will post a screeen shot of how it can be applied in trends during retracement. Thats to catch the end of correction and start of continuation
The sacred edge 2.0
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ephisi replied Jul 13, 2015Thanks LC. I guess im a newb to csm. Thanks for advice. I use a csm that reads intraday strenghts. So that can apply. I got another for longterm strends that I use for setups. I was refering to the intraday csm. Its call forex supreme profit meter. ...
The sacred edge 2.0
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ephisi replied Jul 13, 2015I see where the problem lies. These 3 trades are counter trend rejection setups. They are best taken when one pair is very strong and the other weak. The larger the relative strength the sweeter the rejection. Csm should only apply to trend trades. ...
The sacred edge 2.0
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ephisi replied Jul 13, 2015yes Rob, i had my levels right. CSM is currency strength meter. A concept introduced to me by my freind vlad as a filter. But the csm i use is different from vlads. i wasnt using csm in the past when i got good enteries. So im scraping my csm ...
The sacred edge 2.0
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ephisi replied Jul 13, 2015Got gbpusd early. 1.5533 all stops 50 to 100pips. Most importantly above recent createdswing highs
The sacred edge 2.0
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ephisi replied Jul 13, 2015Hmmmn, csm may be getting me in late. Csm confirmed dont feel comfortable entering now but will enter anyway. Will see the effectiveness of waiting for csm, i may remove that filter because my levels kind of reject price
The sacred edge 2.0
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ephisi replied Jul 13, 2015Youre right mate. I will be cautious. Price action will guide me
Discovering An Edge
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ephisi replied Jul 13, 2015Dont know how long but one things for sure. Its gonna blow. Tried it with The sacred edge, worked fine but theres just one bad trade that comes and spoils the party. Now using stop loss. Still up 5% on the sacred edge
Martingale journal
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ephisi replied Jul 13, 2015Eurjpy any spike to 137.50/138 levels in london i will short on CSM confirmation
The sacred edge 2.0
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ephisi replied Jul 12, 2015I use market orders but i will be watching price action at these levels. Price action will determing if,when and how i enter or not. If price goes through this levels without stalling then its a no trade. For sell also i will watch price action at ...
The sacred edge 2.0
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ephisi replied Jul 12, 2015GBPUSD levels to watch for longs. 1.5300/1.5350 . Changed my mind on the sells. May take sell towards 1.5300/1.5350 levels if i get confirmation . Keeping an eye on this one. EURUSD levels to watch for longs 1.1000/50
The sacred edge 2.0
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ephisi replied Jul 11, 2015Cant help commenting on this set up again. I have been waiting for this since i exited my longterm GU longs hoping to get better prices. 1.6855 is a possible longterm target but we gon take the pips up and down day by day little by little till we ...
Discovering An Edge