Well I'm glad I took that additional EUR/USD trade and kept the other two open as we just moved up another 25 pips or so on EUR/USD. That's an additional 75 pips or so in the past 10 minutes floating profit.
Alexander Elder's Channel 4 replies
Elder-Rays 3 replies
Substitute for screen time? 4 replies
DislikedJust closed out a few of my GBP/JPY and CHF/JPY long positions from last week. I kept an open TP target as I wanted to let a few trades run due to our current strong uptrend. 1st Chart: Recently Closed Positions 2nd Chart: Total Profit & Loss since March 2013 3rd Chart: Total Floating Total Profit in Pips since March: 5,466 Total Floating Profit in Pips: 1,099 {image} {image} {image}Ignored
DislikedI've already listed recommended SL and TP parameters for each pair with each pairs' statistics: http://www.forexfactory.com/showthre...11#post6577111 How did I come to this conclusion? Through extensive testing, not much else to really say HOW... NZD/USD: This is a very dangerous short from what I can tell. Price has broken though the .845 resistance with strong conviction from a daily perspective. Next stop is going to be .88. Unless you want a 300 pip draw down I wouldn't short the NZD/USD...Ignored
DislikedHey Geppy! Got stopped out of a few EUR/USD shorts last week. But recently opened up two long positions as can be seen from the Current Open Positions chart above. We don't really incorporate the 20 EMA and the 50 EMA into the Third Screen Strategy, however, I the two EMA's as well as PASR for my own personal guides. We simply trade using D1 MACD and enter positions using H1 Williams % when we are in over sold / over bought area. Due to the fact that we are more or less in a Weekly down trend I won't trade counter trend trades quite as aggressively...Ignored
DislikedEUR/USD D1 MACD - Up H1 Williams % - Over Sold Look at the 3 points in time since D1 MACD started showing "uptrend" where H1 Williams was showing over sold. This is where we would enter new trades as can be seen from Current Open Positions below. I decided to take this signal that we just got... {image} {image} {image}Ignored
Dislikedi see GEPPY is posting on this thread. a blast from the past, how you doin fella ? still hanging around eurusd thread ? good to see you are still in the forex business, hope you are doing well.Ignored
Dislikedhaha, hey dude! Yes, yes I'm around but not in the EUR/USD thread. I hate that cesspool! I started my own thread that has been getting quite popular: http://www.forexfactory.com/showthread.php?t=407274 Stop by if you'd like!Ignored
Dislikedgeppy any idea what has happened to fxmastermind ? is he still around ? havent seen him on any of the thread for ages.... the chap was doing quite well for himself.Ignored
DislikedIf anyone wants, I have a William %R with alert. It will alert once PA hits OB/OS levels. Good way not to have to stare or check screen until you receive an alert. I'll post it if it's ok with 100pip, and if you guys want it..Ignored
DislikedOh... apparently I haven't been reading close enough here. I thought you used the 20/50 cross over on a daily as the initial screen to see which the direction the trend was, confirmed with MACD, then used the H1 Williams % for entry. I guess I need to read more comprehensively. Makes sense then though. Keep up the good work, you've been killing it!Ignored
Disliked100pips. this thread is becoming popular now. i remember a time when you were the only lone participant on this thread, posting your analysis and trades. then i came in. i saw huge potential with this strategy. i kept on posting and keeping the thread to the top of the forum. as a result, it got wider veiwing and has attracted many participants now, most of them are doing well using this strategy i may add. i do believe my active participation has kept this thread thriving, without sounding too arrogant. otherwise it probably would have been hidden...Ignored