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Paulus replied May 21, 2009hi you may be better sending me an email Im away soon for 1 week I can answer when beck cheers Paulus
1min ind free trading
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Paulus replied May 21, 2009Im serious thinking of using the 0.618 fib pull back as an entry.I may miss some flyer's but if I enter on the fib pull back with my SL at 0.00 +10pips it gives me a much smaller SL I need to spend more time on this I have a few ideas about further ...
1 trade a day
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Paulus replied May 21, 2009I havent had time to read all the posts as time for me is so short..how ever there is nothing stopping you just trading the reliable GBPUSD Nice gain on that today and EURJPY came to a hairs breath of stopping out but has now closed out 50% at the ...
1 trade a day
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Paulus replied May 19, 2009Johnh The only protection I have in a ranging market is closing out 50% and bringing the stop to break even when we hit the 161.8 % line..other than that Ive spent 12 years trying to find a mechanical way of assesing a range or trend day and havnt ...
1 trade a day
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Paulus replied May 18, 2009US break update — I dont want to mix the thread but on the 3 swaps im looking at for the US break all 3 in the money time monitored is 12.00 to 14.00 The pink zone
1 trade a day
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Paulus replied May 18, 2009Now you can see why I just trade the break you some times dont get filled using the stoch on good strong moves. 3 Nice signals today all made their 200% GBPUSD +50pips EURJPY +112pips GBPJPY +114 pips p
1 trade a day
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Paulus replied May 18, 20093 nice trades EURJPY long +58 pips GBPUSD long +36 pips GBPJPY long +49 pips On 15min using Fridays candle buy on break of 3ema on bottom line close on touch of top these 2 lines represents the hilo of the largest 15min canle on Friday Cheers Paulus
(LCB) Largest Candle Breakout
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Paulus replied May 18, 2009This is only the nexy step in the evolution of this system. Im happy sticking with the 1hr time frame but several were worried about draw down and risk reward thats why I suggested going to the 5min once we have a trigger on the 1hour. The only ...
1 trade a day
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Paulus replied May 17, 2009Pips profit goes from 30 pips normal entry to 69 pips new entry Draw down zero Distance from entry to SL ( 10 pips below 0.00 or bottom of yellow band) is smaller giving better RR I have inc the colour Stoch
1 trade a day
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Paulus replied May 17, 2009Another example draw down is reduced Profit goes from 41 pips normal set up to 96 pips
1 trade a day
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Paulus replied May 17, 2009Another angle — here is another angle to it borrowed from the Robin hood trading method We get the break then go down to 5min chart we need this because we are going to use a stochastic to enter with. We get the break 10 pips above the hi or ...
1 trade a day
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Paulus replied May 17, 2009this is an hourly chart not 1 or 5min..we have to give it room to breath if it doesnt we will just keep getting busted out of a trade. We cant take 20pips whilst using a full range hi lo SL of 80 odd pips believe me you just wont make money. We need ...
1 trade a day
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Paulus replied May 16, 2009Indicator with 10 pip extension — here is an indicator thats shows the Asian session plus the 10 pip over and under the high low You can set this to anything in the 'inputs 'tab GM shift I have as 0 Start 0 End 8 Looks good and has the +10 ...
1 trade a day
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Paulus replied May 16, 2009Update on my 3 swaps this week — Update for last week EURJPY M -+71 pips 50% taken at 161.8 % 50 % taken at 200% fib T -+50 pips 50% taken at 161.8 % 50 % taken at 200% fib W -+67 pips 50% taken at 161.8% fib 50% at break even T -+78 pips ...
1 trade a day
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Paulus replied May 16, 2009Hi I factor my spread on top of the 10 pips hope that helps P
1 trade a day
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Paulus replied May 15, 2009datu All looks very promising locking in profits but allowing a larger gain is tough..not nice to see a 50 pip profit end up as a 90 pip loss.... Im using the fib levels as its mechanical and I like mechanical...dont like emotional Im very black and ...
1 trade a day
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Paulus replied May 15, 2009we currentry have 2 more signals GBPUSD short from 1.5178 TP is 1..5137 currently 1.5156 GBPJPY short from 143.85 TP is 143.63 currently 144.13 P
(LCB) Largest Candle Breakout
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Paulus replied May 15, 2009het FX no prob I see it this way a day trader may have W W L L W L W w W l W W W L W We have the same strike rate but ours is counted in days so we look for totals at the weeks end If I was trading weekly charts I look for the months end or 3month ...
1 trade a day
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Paulus replied May 15, 2009Hi Steve its timings again here is my chart of EURJPY for today // and the chart will help with settings Cheers P
1 trade a day