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- toybits replied Jan 10, 2012
looking at long chf crosses - usd and gbp in particular. audchf looks like it went ahead but resistance is near so i'm not taking it. gbpaud also looks like a good short but support is near, anyone watching the same thing?
- toybits replied Jul 13, 2011
just downloaded this and looks great! any input from those who've been using this? thanks
- toybits replied Jun 1, 2011
eurgbp short on 4H — looking at shorting eurgbp 4H, signal might happen 4am EST on Construction PMI news, bank holiday in Europe though...
- toybits replied Jun 1, 2011
usdchf short at 0.8486 — took a short on usdchf 0.8486, sl 0.8550 (consolidation high), tp 0.8420 (1:1 risk:reward)
- toybits replied May 31, 2011
currently watching — EU and GU are both at resistance areas on the 4H, I'm looking for a reversal here and will go short if a signal comes
- toybits replied May 26, 2011
tp level — @adowland - what was your tp level when you set the sl at 100? or was it discretionary and just put the 15pip trailing stop once you were ahead? thanks
- toybits replied May 26, 2011
from what i gather it may be profitable to have a r:r ratio of 2:1, i think this works for intraday (as compared to daily) as there's a lot more "noise" intraday and you won't get a lot of 1:2 moves maybe i can put this into my trading strategy by ...
- toybits replied May 26, 2011
BigE sl and tp — i think there was a post where BigE said he only took 50pips per trade, something about that he wasn't greedy. ill try to look for it...but if that was his target and 100pips was his emergency sl then that's 2:1 how was 50 (or ...
- toybits replied May 26, 2011
tp and stop loss setting — @xxlessox what would be your stop loss if your tp is 20-40pips? also the same or 2x that? also do you mind saying what your target is for the typical pairs like eu,au,gu,uj, etc? technically it's also not wrong to ...
- toybits replied May 25, 2011
comments please — can you guys comment on how i'm using the system? I use the 4H and daily charts primarily I let the trades ride and not automatically take profit once I'm up 10-30 pips. I feel doing so skews the risk:rewards of the system ...
- toybits replied May 25, 2011
will have to close eu soon? — i shorted eu 12am est and it was looking up for up to 4am est, TDI however is hooking up, if it stays like this this should be closed right?
- toybits replied May 24, 2011
waiting for cross — i'm waiting for the crossdown on eu,gu,au, anyone looking at the same thing?
- toybits replied May 24, 2011
in also for audusd, i'm looking at gbpusd is this also a valid entry?
- toybits replied May 24, 2011
bounce trade — when you buy on a bounce trade, aren't you buying late into the trend already? most of the bounce trades on the trading charts I see occur after 3-4 candles, thanks!
- toybits replied May 23, 2011
i'd like to know if i followed the rules correctly, shorted gbpusd on the first big red candle (the one which closed at 1.6161), thanks!
- toybits replied Oct 21, 2010
On the Oct 12 trade, I'm assuming the entry was at 1.3935, why did you put the break even stop once price had hit 1.40? Do you have a rule like 50 pips up on a daily chart - move stop to breakeven? Thanks again!
- toybits replied Oct 21, 2010
Thanks Dan! yup that clears it for me, can you comment on waiting for the break of the consolidation (say 1.4022 in EURAUD) before initiating the trade or do you do that automatically when the candle formation occurs?
- toybits replied Oct 20, 2010
Spent more than an hour reading the thread...well worth it I'd just like to ask why you weren't stopped out on the break of the trendline in the EUR below. Also, I usually wait for consolidation patterns to form on trendlines first and then go ...
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