the key to the mint

closed gbp/chf short @ be
too risky to keep open with this news

croeses how did you break even on gbpchf it hasnt come back down yet unless you mean breakeven from the win you had on eurjpy. there was no signal on gbpchfema and rsi not crossed

if we can get a push on gbpchf we might have a signal to short in 10 minutes

possible signals for shorts on gbpchf and gbpusd

its looking like gbpchf and not gbpusd will be giving a short in 4 minutes

Harold!
First i want to thank you for giving us this system.
I think both pairs are ready to go to south pole

here are the signals for monday long eurjpy short gbpchf and short gbpusd ibfx shows a tie on stoc the other 2 are showing short my platform is showing a cross on all 3 the stoc is in overbought so be careful

LONG EURJPY 163.59

A Short Is Setting Up On Gbpchf I Need To Go Back To Bed See You All Later

Hello, dear Harold4x: I have been reading all about your thread and I also like it because of simplisity and being practical. But the only thing makes me confused is that you say the two EMAs must cross each other,while in your own charts number 3,daily chart and also numbers 25 and 28 the EMAs are not crossing each other(they are not cutting each other). Do you think there is anything I still dont know? Thank you for sharing the system any way,and thank you if you respond this.

morning all nice to wake up to a 30 pip win. also i dont understand what charts i didnt have emas cross. the signals are based on cross of ema rsi of level 50 and stoch

anyone else grab the long signal on eurjpy last night?

I too got in the EUR/JPY trade However, right after that, there were some nasty spikes downwards. You said you put your stop at generally 30 pips for GBPUSD, in case of emergencies, and you generally exit only when it crosses back against you. Do you also use the 30 pip stop for EUR/JPY as "set and forget" in those cases you need to go back to sleep?

Thanks in advance!

i ususally put in a 30 -40 pip stop on everyone except gbpjpy but i put stop lastnight 1 pip below the candle i entered that ususally is 30-40 pips

well it looks like thats it for today just the 1 trigger on eurjpy see you tonight for tomorrows signals

First of all, thanks for this system. It is inspiring when a pro shares his stuff.

About last night's EUR/JPY action.....

In post #1 you mention that you trade from 6 gmt to 18 gmt. Also you mention that if you miss a signal then wait for the next one (or bus as you say). Which brings me to my question...

What if you take the signal, but then get immediately stopped out in the same candle. Then the price bounces and at the close, the emas, rsi and stoch values are still going the right way. Should we reenter or should we wait for the next crossing signal?

I still think you have a great thing going here, I'm just a little confused with how to handle the stop hunters.

Hello harold,that's me again.
At page 2,post#25 GBP/CHF daily chart( not hourly ) the down signal in the last candle,two EMAs(yellow and other line) are not cutting each other.
Also page 2,post#28 GBP/JPY Daily chart( not hourly )they are again not cutting each other(Red and other line).
they both are at 2007-11-22.
Is there any reason why daily charts don't,but hourly charts do cut each other? That has made me confuse,could you please check and tell me if I am missing something?
Thanks again for your time and sharing the system.
Majid.

I believe that I can answer this (if harold4x doesn't mind).

The signal for the daily chart or the hourly chart is NOT based on a cross of the emas alone.

The signal is the FIRST candle close when ALL 3 indicators are going the same direction. I.e. The 5 ema above the 8 ema, the rsi above 50 and the stoch crossed up.

Now the signal candle could have been triggered because the rsi crossed 50 when the emas and stoch were already crossed from a long time ago, OR a signal could have occured because the stoch crossed the right direction and the rsi and emas were already in place, OR the signal could happen from a cross of the emas when the rsi and stoch were already in place.

In the example daily chart posts #25 and #28 that you are referring to both the emas and rsi were already in place when the stoch cross triggered the signal.

Thank You Bunjow For A Perfect Answer And By The Way If You Look Carefully Where I Drew The Horizontel Line All 3 Of The Indicators On The Daily Chart Were Crossed Now Bunjow I Begin Trading At The Close Of The 6 Gmt Candle Which Is 2 Am Est ( Ny Time) Here Is A Chart To Show My Starting Time TO CLARIFY MY STOP IS BETWEEN 30-40 PIPS I USE THE CANDLE THAT CLOSES TO PUT MY STOP 1 PIP BELOW IT USUALLY IS BETWEEN 30-40. NOW LETS SAY I GOT INTO THIS TRADE LAST NIGHT AND IT KICKED ME OUT BUT WHEN IT CLOSED ALL INDICATORS ARE STILL CROSSED IN THE CORRECT DIRECTION OF THE SIGNAL I WOULD REENTER SOMETIMES YOU GET SPIKED OUT IT HAPPENS NO MATTER WHAT METHOD YOU USE ITS PART OF TRADING

Thank you Bunjow and Harold4x for responding.My mistake was thinking all three indicators must pass at the same time and same candle stick.
I will test it on my microw live account until making sure I have learned that.
Thanks a lot again and I will watch the good work of you guys all.
Majid.