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- aboutusnow replied Dec 15, 2008
Hi Harold, I took EJ instead of EU. Two questions: 1. At the time of setup, what made the EU trade the correct one? Or was there a way to determine the correct one? 2. I ended up closing EJ about 4 pips in profit after its runup (missed target by 2 ...
- aboutusnow replied Dec 9, 2008
OB/OS — Is it considered oversold if both the slow and fast stoch are below 20 or just if the fast stoch is below 20?
- aboutusnow replied Dec 9, 2008
Thanks....I will take the trade next time. I mean, what do I have to lose in demo? Points 1 and 3 both had highs of 1.4889 - so it was a valid trade. I just didn't take it.
- aboutusnow replied Dec 8, 2008
GU — I saw this trade on the GU, but I did not take it because of the strong support at the question marks. I was afraid that if I took the trade and it did not break the support, it would lose. Obviously this trade worked out. My question is ...
- aboutusnow replied Jun 30, 2008
Perfect! Man, 40 pips, that is a good move! I picked up 20 on EJ just recently....
- aboutusnow replied Jun 27, 2008
Hmmm...does not look like it would have helped much on that trade. I don't know how I would have handled that one... I entered at 2GMT and 23 GMT on the same day....but waiting for the exact Chix trade would indicate that the market is turning. I ...
- aboutusnow replied Jun 27, 2008
Here, try pdf version. In these screen shots, you can see I drew a black line on the CCI indicator. I am just looking for the most recent high or low made by the CCI. If you are opening a long trade, look for the most recent low. If you are opening ...
- aboutusnow replied Jun 27, 2008
Hey Chix, Can you post a couple of your trades for this week? I would like to see what they look like on my chart to see if / why I did not see them.
- aboutusnow replied Jun 27, 2008
Chix Stop Loss Idea — All right guys, Here is a stop loss idea that you can try. Not promising anything, but it looks good on backtesting. I don't place a lot of worth in backtesting....real life testing is the best! I have attached an ...
- aboutusnow replied Jun 27, 2008
Yeah, but on the EURJPY yesterday, adding another position would have worked great. But since there is no SL, it sure can be dangerous. I have been blessed to not have lost using this system yet. I have had about 6 winners, but I know that the loser ...
- aboutusnow replied Jun 27, 2008
20 Pips on USDCHF.... Scott, Were you able to get out of your USDCHF trades?
- aboutusnow replied Jun 26, 2008
Basically, on the EUR/JPY short last night, it went against me 45 pips. If I would have shorted again after it went against me 30 pips, I would have made double pips. I would be using the 85%-90% chance that the trade will become profitable in my ...
- aboutusnow replied Jun 26, 2008
Whew, finally....a 19 hour trade closed at BE! I held this one for a while....drawdown was about 45 pips. I set my TP to BE earlier today. I did pick up 15 pips on the USDCHF last night. With this system...I just feel like I am playing Russian ...
- aboutusnow replied Jun 25, 2008
Hey, i just picked up 16 pips on a GU short... Chix, have you ever experimented with setting stop loss at break-even once you pick up so many pips and then letting the price run? I am sure this would cause some winnders to be break-even, but it ...
- aboutusnow replied Jun 8, 2008
Good luck on this! I have thought about a similar strategy like this many times before, but I could never figure out the SL and TP. Just about every trade will be profitable at some time, but you never know when to take the profits. If you take ...
- aboutusnow replied Jun 2, 2008
Wondering if anyone took any trades today. I saw one this afternoon around 3 Eastern on the USDJPY, but did not take it. Did anyone else take any trades with this system?
- aboutusnow replied May 29, 2008
Not a picture-perfect trade, but I took it anyway. +16 pips on CADJPY short.
- aboutusnow replied May 28, 2008
Another 17 pips on the USDCAD short this morning....it took about 35 minutes to get. I am of the opinion that you don't know how good a system really is until you lose some trades....because every system will lose trades. And the counter-trend trade ...
- aboutusnow replied May 27, 2008
Picked up 16 pips on the USDJPY short. This was not the same as chix's trade earlier today. I got in much later (6:16 PM Eastern - 22:06 GMT).
- aboutusnow replied May 27, 2008
Ahhhh....very good. I was watching the GBPAUD, CADJPY, and EURAUD. All three of them would already have netted at least 15 pips a piece. But I did not take them. I should have.