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- PTodd replied Nov 9, 2007
One thing you could consider is something I ran across on a different thread here, that I've started using - changing the RSI settings to 56 and 44. With these settings, combined with the original rules as outlined on the first page, you'd only go ...
- PTodd replied Nov 1, 2007
That’s why I nicknamed it Wild Thing. You jump on, grab hold, and hope it doesn’t throw you off till you’re ready. Tossed me on my fanny tonight, but so it goes. We did well with it earlier in the week. There will be other days and other chances. ...
- PTodd replied Oct 28, 2007
Well, I was hoping not to get pulled into this, but I guess I'll give my own take on it. First, I think most of us probably guessed at some point that Effi's signals were coming from a system he either was selling or was planning to sell at some ...
- PTodd replied Oct 25, 2007
Well, I know it can be frustrating to miss out on a long run if and when it happens, but if you got out with a profit, I don't view that as a mistake. And besides, there are always going to be more trading opportunities. Always. Perry
- PTodd replied Oct 25, 2007
Al, If I might barge in just for a moment, based on what Effi has posted, it looks like he is watching the way the GBP/JPY is making lower highs (the LH's on the chart), and lower lows (LL's). It also looks like he was targeting a break above and ...
- PTodd replied Oct 24, 2007
Yes, the GBP/JPY can be pretty crazy at times. I've nicked-named it Wild Thing. But I'd say that's a good decision, sticking to pairs you're more comfortable with. I dropped the GBP/JPY for a while myself after it scorched me several times. But ...
- PTodd replied Oct 24, 2007
Amen to that! There's no such thing as bad profit. Good job, Five. Perry
- PTodd replied Oct 24, 2007
Five, The 25/50 method effi has given us also triggered an entry on both the 4 and 1-hour time frames. Up to you of course about the entry - it's moving as I type this. I was going to enter off the 4 if and when it triggered, but switched to effi's ...
- PTodd replied Oct 23, 2007
Hi momutot, Rye already covered this very well. Just thought I'd point out that, if you go back to page one and check post #6, effi has outlined when you could use the 25 EMA to confirm an entry. Hope everyone's doing well tonight, although things ...
- PTodd replied Oct 23, 2007
Wow, great job Rye. I missed the short call on the GBP/JPY as well - have to sleep sometime - but I'm still in effi's GBP/USD call from yesterday. Slept through his close notice. I had moved my stop up before hitting the sack and it turned back up ...
- PTodd replied Oct 22, 2007
Mamutot, I don't mean to answer for effi, but for whatever it might be worth, I think you're right on the entry for the 4-hour chart. A close above the 50 EMA and the next candle opening above it. And RSI above 50. It does look like you may have ...
- PTodd replied Oct 22, 2007
Setup on USD/JPY? — Hi everyone, I've been reading through the posts here for several days. Very impressive results, and thanks to effilang for taking the time to share this system and post his trade calls. Missed thr GBP/JPY call earlier ...
- Posts by Member Search: 'PTodd'