Im currently short GBPJPY 1min from 157.06
will post my close when it happens
P
will post my close when it happens
P
GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
TrendMagic Channel 2 replies
Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies
If you buy gbp/usd and sell eur/usd, is that the same as being short eur/gbp? 1 reply
DislikedNot all that impressed with the MT4 trix. Is adequate but is pretty much the same as the FT or maybe even an RSI.
No point in crowding the charts. The +10 plan is probably best traded with the 14 WMA as the primer, the RSI (6) as the trigger and perhaps the FT as an additional confirmation.
Naturally, everyone will select and apply those indi's that they are comfortable trading with.
In addition, the GbpUsd is, imho, the single best pair to run the +10 plan on. Has exceptional PA qualities and even when consolidating can give the +10 relatively...Ignored
DislikedHy Edge !
Just had a bad day with the eur/usd, but I got 10 pips
About the RSI(6) , the OB/OS limits are at 55/45 ?
I will try RSI tomorow, couse as I sow in your charts is more reliable.Less trades, but more secure. But I will see more tomorow...
Thx !Ignored
DislikedAm finalizing my own plan also. Am ZVZERY keen on going after +5's with larger lot sizes though. Will also see what tomorrow brings.Ignored
Dislikedcan any one post an indicator for an MA cross where I can set the MA type and length
Cheers
PaulusIgnored
DislikedThis is what i am trying to do for a long time. Get a sure 5pips and grow the value/pip. And this system seems to get me closer
Anyway I don't want to expose my account too much so for this week I will try this on demo.
Can you please tell me if I am using the right levels for RSI ? OB/OS = 55/45 ?
Thx !Ignored
DislikedPretty good chart visual.
Perhaps a couple of redundant indi's there but confirmation on multiple indi's is an item many look for. Which idi is the actual trigger?
ThxIgnored
DislikedThe Voracity is used for exits (or to help with exits), the RSI behind it isto confirm strength of move .. when it pops up above or below Voracity it is showing some strength. I like that visual
For a trigger ... I guess it would be the TM moving down for a short or up for a long (from vertical). Or all 3 (TM, TRIX & HG) confirming.
I don't think I have it as clear-cut as primer - trigger yet .. but I know I should.Ignored