3 good trades out of 5 and small losses on the other 2. Audusd hourly using the original system.

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Trading the heiken-ashi megapips system. 2 replies
Disliked3 good trades out of 5 and small losses on the other 2. Audusd hourly using the original system.Ignored
Disliked3 good trades out of 5 and small losses on the other 2. Audusd hourly using the original system.Ignored
Disliked3 good trades out of 5 and small losses on the other 2. Audusd hourly using the original system.Ignored
DislikedGood job, Hugh. Congratulations.
..... "did you enter at the "close" of the color-change of the candle?
I'm assuming that is the case, because you don't know the color until after the period closes (i.e. 1-Hour)
THX - Coast...Ignored
DislikedGood one HB. Would be nice to do that all the time! I managed one nice 55 pip trade out of that. Didn't get the right sequence for the others & got stopped out of a AJ short on the NY open. Hope you don't mind my adding a few indicators on the thread...just thought they might be useful.
Rgds, Ozefex.Ignored
DislikedHello Friends. Mrket very quiet ahead of NFM later today I guess.
But spotted this signal on Eurjpy and went for it. Sold at 105.33. Nearest support is at 104.60 area. Looking for a move to atleast 104.80 to take profit. S/L placed at 105.75. Previous high 105.63. RR slightly better than 1:1
DDIgnored
DislikedJust my observation & not an expert opinion - This could be a good breakout trade with about 80 pips potential if it moved fast enough. The last EUR news (Final Services PMI) was supposed to be bad for the currency, so maybe this could be the start of a significant fall against the Yen. EU also looks like it could break lower. Only drawback is that it's Friday so it may not meet your target if you want to close before the w/e.
I have a short on AU at the moment from 1.02643 currently +20 pips up but have the same problem with the end of the week...Ignored
DislikedMate I am beginning to feel that this might not be the right time to be holding this trade. The market is too choppy and hardly going anywhere.
The Friday syndrome plus the upcoming NFP has drained the market enthusiasm....
.
DDIgnored
DislikedIf you can get to break even before the news hits then that's a really good idea. NFP could send the price 100 pips in your favour but it can also jump 30 pips against you before you know what's happened. Don't get caught out, best to have nothing open but break even is next best.Ignored
DislikedI love Heiken candles. I have switched to Renko candles mostly. Years ago, I had MT4 send a text 24/7 to alert me of crossovers. Now I just trade the opening futures market and play and sleep the other 22 hours!!Ignored
DislikedJust my observation & not an expert opinion - This could be a good breakout trade with about 80 pips potential if it moved fast enough. The last EUR news (Final Services PMI) was supposed to be bad for the currency, so maybe this could be the start of a significant fall against the Yen. EU also looks like it could break lower. Only drawback is that it's Friday so it may not meet your target if you want to close before the w/e.
I have a short on AU at the moment from 1.02643 currently +20 pips up but have the same problem with the end of the week...Ignored