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DislikedGood thing about this strat is the signals comes often enough so that if you're like me and have a fulltime job, you only need focus on 1 or 2 pairs. I only trade EU & GU.Ignored
DislikedThats right, I only trade EU & GU work full time as well, but off at the moment after an accident so got plenty of time.
Cubby's strategy seems the first consistent winner I've ever traded.
6081 and dropping wish I'd taken it!Ignored
DislikedWho took this sell on gu mine is still running....i think we need a chat room so we can make calls and help each other see trades happening in different pairs because it happens so fast on 5m what you guys thinkIgnored
DislikedHey guys!
I wake up to see 3 pages of posts! Wow! Looks like my thread and system are picking up here.
I cannot reply to so many messages but it's nice to see that you guys are helping each other out here.
If anybodies wondering what trade I'm in I'm currently in on the EU from yesterday afternoon. I took a trade on the 15 minute chart that's also a 1 hour trade as well. See pic.
I feel that the non-farm news is going to send the EU down more. possibly another 100 pips or so. I thought this pair would retrace more to .36882 before heading...Ignored
DislikedCubby, an interesting morning on GU so far, for sure
In your experience with this strat, what's your view on the higher impact data releases?...do you take signals right up until the announcement?Ignored
DislikedI feel that current signals on the GU are insite into whats going to happen on NFP
Also, signal from yesterday on the EU also think is insite into todays news.
I feel that we have gotten some hints in the price action for what's to happen.
I've been right 2 out of 2 times on these calls so far sense theis thread started. Doesn't mean I will this time but we will see.Ignored
DislikedHi Cubby
I posted this earlier as a set up plan what do you think is it all correct?
Buy:
Check 5m chart for latest swing high.
Check EMAs all heading up and spacing apart on 15m chart.
Enter trade on next break point on 5m chart when CCI is above +90 CCI
(not important in 15m chart)
[color=black][font=Arial]EMAs...Ignored
Dislikedso to answer your question, I think that both EU and GU will be bearish after news. Lets hope I'm right.
if I'm right there could be a possible retracement on both pairs before se see the move. The retrace could be as much as 50 pips on both pairs before going back down.Ignored
DislikedThanks Cubby, appreciated. So do you generally take the signals right up until data is released to get underway as the news hits the price, or do you have a cut-off point, say 15mins before key data?Ignored
Dislikedso to answer your question, I think that both EU and GU will be bearish after news. Lets hope I'm right.
if I'm right there could be a possible retracement on both pairs before se see the move. The retrace could be as much as 50 pips on both pairs before going back down.Ignored