the key to the mint

I agree 123 don't work on lower time frames very well by itself
- that is unless you know you are going with the trend
Here we know we are in the day & hour trend !!

the kill rate is quite hi I have found when you know this !!
& this system lets you see that very well !
just an other tool .


TEB

i never thought of that hmmmm thanks i will ponder that over the weekend so taking 123's with the trend i never contemplated that very interesting

E/J has taken off
if it closes above 163.81 (last hi) I will add
but it is friday so I will be careful

TEB

personally i never hold position especially over weekend

yes I agree .. if it goes over on the hour!!

(I do hold some long term stuff - weeks & months but not the day stuff)

teb

i never had the courage to trade long term maybe one day went i started trading full time 7 yrs ago i had a goal to make a living at this the first year was hard till i stumbled on to this. i tried tweaking this with fib,pivots,elliot waves, 123"s not the way you mentioned and other ways including no indicators but at the end of the day trading with the trend from the daily chart is in my opinion the key to the mint. that why when we go through these times of consolidation i know how tempting it is to put on countertrends and other stuff so we can be in a trade, we all like the action but i love the money more and thats true money management which is the true key to the mint

if the emas can cross on the close there is a signal usd news for pmi was better than expected

short 20641 be careful its friday

well i am out +50 hope every one caught this

An incredible drop! TP of 50 pips!

way to go bert thats trading with the daily trend for ya

at a glance we may have a whole bunch of signals for monday most of them need rsi to close on other side of 50

All thanks to your method!

Strict criteria must be used in order to execute good trades.

I will open a demo account with InterBank to get accurate signals.

Enjoy your weekend!

you to burt nice drop its still dropping nothing like getting in at beginning of trend well nice week and have a good weekend to all see you sunday night

LOL! I just can't leave the screen. A further drop of 30 pips, making it a potential 85 pips under half an hour!

Looking forward to Monday now!!!

Harold;

I have been following your thread since the beginning and I just wanted to say thanks for posting it. I am the type of person who usually does not post anything, but this time I feel thanks are in order. There has been some debate about brokers and reading different signals for the daily charts. I use FXDD (with no trouble) and all my signals have been in line with yours. The only signal I had yesterday was GBP/USD short. Didn't think that it would happen but it did. Thanks againg for sharing a wonderful system.

Its nice to come to a thread that is straightforward and to the point. Nice not to see people asking for someone to make an EA or wanting to add this and that indicator. I have added he system to my arsenal. However, I like to put some basics on the chart such as fibs and trendlines on the 4 hour to watch on the hour. And I like to watch candle patterns for entries. Thats what makes such a simple system so great, you can adapt it to your taste as long as the fundamental rules are applied.

Great work. :-)

well here is the signals for monday gbpusd short, eurjpy long but rsi is 50.4886 which is barely a cross i like at least 51 or 49 next gbpchf long but stoc is in over bought here are a few i dont trade usdchf long and usdjpy long but both stoc are in overbought so what do i suggest well i am taking gbpusd and probably eurjpy buts thats me see you sunday night

I trade more pairs then you I like the lower ones when trading the trend
I have day signs on the

sells
eur/usd
gpb/usd

buys
usd/chf (stoch over bought though)
usd/jpn

teb

i mentioned those except eurusd the reason is on my daily chart we do have a ema cross and a stoc cross but rsi is at 56 not below 50 so no sell signal there the others are correct