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Brave Heart of GBP/JPY

  • #141
  • Aug 24, 2007 11:22am Aug 24, 2007 11:22am
see you next week .... with deal number 7
  • #142
  • Aug 24, 2007 11:41am Aug 24, 2007 11:41am
See you next week.

It seems as if it is going to close right on the resistance line
Regards
  • #143
  • Aug 25, 2007 3:36am Aug 25, 2007 3:36am
Quoting pipskidnapper
by default it should be rejected by resistance line on the highest point since week agoo on daily fame...
if the price closed over the resistance line... we will see more high levels
Hi,

Any chance you could show a larger clearer image with the exact resistance level?

Many thanks

Also what is your current position on this pair as it seems that you trade in a similar way to myself

Regards
David
  • #144
  • Aug 25, 2007 3:55am Aug 25, 2007 3:55am
Quoting pipskidnapper
by default it should be rejected by resistance line on the highest point since week agoo on daily fame...
if the price closed over the resistance line... we will see more high levels
Hi,

Any chance you could show a larger clearer image with the exact resistance level?

Many thanks

Also what is your current position on this pair as it seems that you trade in a similar way to myself

Regards
David
  • #145
  • Aug 25, 2007 6:01am Aug 25, 2007 6:01am
Quoting rumbey
Hi,

Any chance you could show a larger clearer image with the exact resistance level?

Many thanks

Also what is your current position on this pair as it seems that you trade in a similar way to myself

Regards
David
u welcome @ my thread rumbey
  • #146
  • Aug 25, 2007 6:22am Aug 25, 2007 6:22am
Pipskidnapper,

It closed just above the resistance level, what is the chances that on sunday it will drop back below?
  • #147
  • Aug 25, 2007 9:37am Aug 25, 2007 9:37am
Quoting fxstman
Pipskidnapper,

It closed just above the resistance level, what is the chances that on sunday it will drop back below?
we will not enter @ the opening @ sunday......
we must wait the closing of the candle on 1h frame time after opening.....
it might open gap up and then retreats down...
you can see the three white soldiers on 4h frame and that need confirmation to enter long...
and you see the hammer on daily frame time also needs confirmation....
so we have possibility of testing the resistance line...
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  • #148
  • Aug 25, 2007 2:00pm Aug 25, 2007 2:00pm
Quoting pipskidnapper
we will not enter @ the opening @ sunday......
we must wait the closing of the candle on 1h frame time after opening.....
it might open gap up and then retreats down...
you can see the three white soldiers on 4h frame and that need confirmation to enter long...
and you see the hammer on daily frame time also needs confirmation....
so we have possibility of testing the resistance line...

pipskidnapper:

Interesting thread. In which trading session do you trade? ie
London, New York, etc.? Just want to follow the thread the time
you are using if possible

Thanks
  • #149
  • Aug 25, 2007 4:49pm Aug 25, 2007 4:49pm
Hi Folks !

Nice system presented here
I've added just my 2 cents in form of a chart of GBP/JPY 4h.
At the moment I'm doing uphill after I was bored of going
downhill for sooo long...

It's really predictible !!!

Greetings and happy pippin

Bernhard
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  • #150
  • Aug 25, 2007 5:23pm Aug 25, 2007 5:23pm
Hi Folks !

By the way I like also the 5min trading stuff
Keep on pippin !!

Bernhard
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  • #151
  • Aug 25, 2007 5:56pm Aug 25, 2007 5:56pm
4 Hr Chart
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  • #152
  • Edited 1:24am Aug 26, 2007 1:14am | Edited 1:24am
Quoting behof
Hi Folks !

By the way I like also the 5min trading stuff
Keep on pippin !!

Bernhard
Hi Bernhard

What period is the stoch at the bottom of your 4h chart and 5min chart? It is very smooth
Regards
  • #153
  • Edited 5:48am Aug 26, 2007 5:39am | Edited 5:48am
Quoting howard
Hi Bernhard

What period is the stoch at the bottom of your 4h chart and 5min chart? It is very smooth

Why do you want to add indicators to this system? Do you want extra noise? The great thing about pipskidnapper system is its simplicity. It is pure price action, S/R, trendlines. and some fibos....and it is working.
Why do you want lagging indicators. Do you want to second-guess your decisions?
Try to understand pipsk's system, instead of adding garbage to it.
  • #154
  • Aug 26, 2007 5:59am Aug 26, 2007 5:59am
Quoting southernmind
4 Hr Chart
it is a good chart southermind.....
show good the S/R & the direction of the price but we need confirmation to use it after opening of sunday...
thanks very much 4 ur chart
  • #155
  • Aug 26, 2007 6:09am Aug 26, 2007 6:09am
Quoting behof
Hi Folks !

Nice system presented here
I've added just my 2 cents in form of a chart of GBP/JPY 4h.
At the moment I'm doing uphill after I was bored of going
downhill for sooo long...

It's really predictible !!!

Greetings and happy pippin

Bernhard
nice trend of 4h behof... but you must make more trends or use more frame to know where you are....daily & 1h 4 example
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  • #156
  • Aug 26, 2007 6:21am Aug 26, 2007 6:21am
Quoting alcastro
Why do you want to add indicators to this system? Do you want extra noise? The great thing about pipskidnapper system is its simplicity. It is pure price action, S/R, trendlines. and some fibos....and it is working.
Why do you want lagging indicators. Do you want to second-guess your decisions?
Try to understand pipsk's system, instead of adding garbage to it.
thank you 4 explaining my technique ...
the basic principle of this trade is to make it easy & profitable...
but my technique of trading is not mine....
it is 4 you all.... i greet all the guys here to make it more beneficial..
am not sent down.... i have mistakes... and to make our profits are more than losses we must share..
one more i thank you 4 explaining my principle of my trading..
  • #157
  • Aug 26, 2007 6:24am Aug 26, 2007 6:24am
Quoting howard
Hi Bernhard

What period is the stoch at the bottom of your 4h chart and 5min chart? It is very smooth
yes howard ... it is smooth on 5min
  • #158
  • Aug 26, 2007 6:58am Aug 26, 2007 6:58am
Quoting alcastro
Why do you want to add indicators to this system? Do you want extra noise? The great thing about pipskidnapper system is its simplicity. It is pure price action, S/R, trendlines. and some fibos....and it is working.
Why do you want lagging indicators. Do you want to second-guess your decisions?
Try to understand pipsk's system, instead of adding garbage to it.
I am curious
Regards
  • #159
  • Aug 26, 2007 7:21am Aug 26, 2007 7:21am
Hi pipskidnapper,
I am a long time learker and just the other day I found this thread and have been checking it out. I really like the style of trading you do. If you don't mind me asking, what tools do you use on your charts @ what setting, or is there a thread where you explain all this and your style of trading? I ask because I would like to try it

Thank you for your time

GLT
  • #160
  • Aug 26, 2007 8:46am Aug 26, 2007 8:46am
Quoting fxstman
Hi pipskidnapper,
I am a long time learker and just the other day I found this thread and have been checking it out. I really like the style of trading you do. If you don't mind me asking, what tools do you use on your charts @ what setting, or is there a thread where you explain all this and your style of trading? I ask because I would like to try it

Thank you for your time

GLT
you welcome fxtsman...
my strategy depend on these tools :-

1- major trend line on daily frametime.
2- intermediate trend line on 4h
3- nearterm trend line on 1h
4- moving average (( simple , close ))
5- stochastic
6- support & resistance
7- patterns
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