GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 126 replies
Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies
What is the difference/correlation between gbp/aud and aud/gbp 3 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
Disliked{quote} hi duderoo, yes, u can say that again...a bit hairy, i like mine clean anyway, i made 2 finger-mistakes that was platform related because i entered 2 trades in the GBPAUD which was meant for the GBPJPY, u can see those 2 trades were closed very quickly. reason for that mistakes was i entered the trades off my cell fone...i was looking at the 4hr chart of GBPJPY and then i switched to the screen to enter but the symbol never switched as it was supposed to, anyway it's my fault because i should have verified that i am on the right...Ignored
Disliked{quote} Nothing as yet, need to find the time, but I see GA is paying dividends for youIgnored
Disliked{quote} ok, wish u well in your hunt. and yes, the pair is doing well thus far. for this pair specifically i have developed a new intraday entry strategy based on the 30mins with 4hrs showing the road ahead. if u interested then i will share that strategy, however, i do not expect u or any else to follow mine strategy if it does not fit into your own method.Ignored
The Strategy: 30-4 ...for longs.
below is an example of what i mean.
EDIT: although the current 4hrs is showing a blue or green bar on the chart below...we do not enter yet because the current 4hr bar did not close yet, it may very well reverse and close down.
Disliked{quote} ok, here it is...very straight forward and simple to implement. Firstly we have to set up some boundaries, rules and limitations: this is an intra-day strategy, therefore, multiple entries will be executed, because of multiple entries we enter with a risk or lot size 10% to 20% of our usual trade size.(especially on this extreme high volatility pair) so if your usual trade size is 0.1 then u will change that to 0.01. (i use 0.02) the most recent 4hr bar that closed must be an Up bar. overlay a 100 bar EMA in the 30mins chart. The...Ignored
Disliked{quote} I'd love to try this out. Thanks for sharing it here. Would you please share the 100 bEMA please.Ignored
Disliked{quote} ok, here it is...very straight forward and simple to implement. Firstly we have to set up some boundaries, rules and limitations: this is an intra-day strategy, therefore, multiple entries will be executed, because of multiple entries we enter with a risk or lot size 10% to 20% of our usual trade size.(especially on this extreme high volatility pair) so if your usual trade size is 0.1 then u will change that to 0.01. (i use 0.02) the most recent 4hr bar that closed must be an Up bar. overlay a 100 bar EMA in the 30mins chart. The...Ignored
Disliked{quote} hi Njane, u welcome to try that intraday strategy. from your question i deduct that u are new to forex and the most popular fx trading platform Metatrader 4, so in addition to trying this strategy on demo first, head over to my thread under "Trading Discussion"and look up "when Price is Up buy, when price is down sell short". in there i have presented a Trend Following trading Method that may assist you. i do hope it does. or click on my name, sunshine ... it will take u to my profile then click on threads started and select "when Price...Ignored
Disliked{quote} That is true. Very new to forex. Thanks a lot for the guidance, let me have a look at that and i will be getting back to you if anything is not clear.Ignored
DislikedScalped GA for a few pips, moves quickly so can make a few and not have to wait forever if you are in the right direction.Ignored