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- Repipula replied Feb 17, 2015
well, I've just woken up and checked out the situation.... unfortunately, the 1H timeframe was horrible and produced a couple stop outs... the 15M and 30M however both performed beautifully... on the longer timeframes it'd seem we are headed down, ...
- Repipula replied Feb 16, 2015
I'm scalping the market and I've seen this pair perform more tricks than Penn and Teller. I don't try to use logic or predict it. Go which way the colors say. The last setup just lost about 20 pips and we are back on the right side of the market due ...
- Repipula replied Feb 16, 2015
So it's nice that the first setup posted failed. This system isn't magical and wins every time...Losing happens 3 times out of 10 or more so get used to it. Because the current bar has broken the level of the last 3 1H bars back, we are short again ...
- Repipula replied Feb 16, 2015
sorry Erebus, I don't have yesterday's pivots any more, they change every day at 0:00 GMT. I can only vouch for the pivot indicator I posted and it's lines in reference to the G/Y. I will post a lot more charts to make it clear.
- Repipula replied Feb 16, 2015
okay, so Sydney has opened and the system has set-up and triggered long on the 1 Hour. Stop loss is at 181.75 where the gold 'X' is. Take profit is 182.95 which is the confluence of R1, the falling trendline that was spiked last week and the round ...
- Repipula replied Feb 16, 2015
You are correct sir! Yes, right now the 30m chart has triggered a long. Trail a stop of the last 3 closed bars back. However, we get new pivots in 30 minutes, and also Sydney opens, two hours til Tokyo. A take profit of 18-27 pips would be ...
- Repipula replied Feb 16, 2015
Hi there to anyone who is following this thread. I considered the bank holiday a day off, but Tokyo and London could have cared less it seems... you could have taken a 1HR trade last night short and the price went all the way to S3 today. I'm ...
- Repipula replied Feb 16, 2015
I'd say a minimum is 18 pips with the G/Y even if you trade the short time frames. The max is hundreds. It depends on the what the Pivots allow each day. Sometimes London will take a mad run at the R2/S2 level and you can bag some serious, serious ...
- Repipula replied Feb 15, 2015
Hi Cezaryl, sorry I missed your questions and am just seeing them now... The setup remains valid as long as the HA bars remain the same color. 1 opposite bar resets the system and then you need two in a row again for a setup. If what you described ...
- Repipula replied Feb 15, 2015
I keep telling myself to stop trading during NY session but I still do! The best time for this pair is when the two markets that are involved in it are open... Tokyo and London. NY is pure chaos and once it opens it will make you pull your hair out ...
- Repipula replied Feb 15, 2015
Another useful tip for the charts is to go into properties and change the Bar Up/Down colors to lime and then go to the other page and make sure Chart on Foreground is OFF. This lets you easily see the open and close. I've experimented with the ...
- Repipula replied Feb 14, 2015
I plan to post some charts of trades this week as I take them. Every week is different, just wait for the bars to start forming and grab on to the dragon's tail and take a ride! (or several...)
- Repipula replied Nov 28, 2012
looks great so far, looking forward to some more great posts tomorrow on how to trade with this new indicator
- Repipula replied Nov 25, 2012
btw, i am currently watching gbp/jpy and the charts are turning around to short. it's interesting watching the clown colors line up on the different time frames. I'm waiting for short confirmation on the 15 min chart, and once in the trade, i am ...
- Repipula replied Nov 25, 2012
big thumbs up to this simple yet powerful system... all I can say is that you must also use PIVOT POINTS!! if you do not have the pivot lines on your chart, you will be blind use this indicator here, turn off sunday data, and turn on all ...
- Repipula replied Jul 11, 2012
PERFECT. MANY THANKS!!!!
- Repipula replied Jul 11, 2012
Another thing that is SUPER helpful are those Heiken Ashi bars in and of themselves. The Wise Man. (Bill Williams) If you are at the top of an uptrend with a bunch of white bars, look for the white bar where the close of that bar is lower than the ...
- Repipula replied Jul 11, 2012
whatever helps you make more confident decisions is fine. I haven't posted it, but I also have the Smoothed 5 Moving Average Channel using High and Low. It gives me a little extra boost to my confidence, I just wanted to keep the Candy Striper thing ...
- Repipula replied Jul 11, 2012
looking at the chart you posted, yes it moved against you, but the AO never changed to red. True guts in this system is holding on as long as that AO hasn't changed against you. If your position size was right, you could have tolerated the risk a ...
- Repipula replied Jul 8, 2012
here's the chart I'm using right now. I'm LONG. There's Resistance at 98.70 No reason for price to stop now until it gets there. I just set Take Profit at 98.59. Soon, I'll set a Stop Loss and go to bed...