Supernova GBP/JPY Mini Trend Catcher | Page 174 | Forex Factory

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Attachments: Supernova GBP/JPY Mini Trend Catcher
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Supernova GBP/JPY Mini Trend Catcher

  • #3,461
  • Dec 11, 2007 2:28pm Dec 11, 2007 2:28pm
Hey I hope some of you caught at least part of the nice down move(s) !!

I on the other hand did not. LOL! I was sleeping for the first one and not at home for the news - egg business - piano lessons and such.

I used to get really frustrated when I missed a move like that but if you trade this pair long enough you will find that this happens regularly. So if any of you missed it - relax - there is always another nice one coming. Just a little mental support there.

The hardest thing in trading to conquer is your own mind IMHO.

Good day and good trades to you all - I wish you success!

NOFX
  • #3,462
  • Dec 11, 2007 2:30pm Dec 11, 2007 2:30pm
Quoting trendchaser
i just popped the top
I would if I could but busy with the darling egglettes - I will have to wait for tonight.
  • #3,463
  • Dec 11, 2007 2:46pm Dec 11, 2007 2:46pm
i think we should share short term analysis and exit strategies
im biased bullish because looking at h4 or day chart were at the bottom of the range, however this is second attempt and may go through

if we go up from here i think 227.5 is likely short term target
then a retrace down maybe?

ONLY IF WE DONT BREAK THE RANGE

IF WE DO BREAK THE RANGE N TRAVEL LOWER

il look for shorts and eventually retrace back up to where we are now

i think wel find much profit in letting ea open trades, and put our minds together for a exit plan
  • #3,464
  • Dec 11, 2007 3:03pm Dec 11, 2007 3:03pm
another thing i see is weve only had one retracement on the last major break
so i do believe wel have another

im not trying to forecast the market
but wrather showing you how i pick my exits
i use this same thing on smaller timeframes

like 227.5 would be a retracement of this move, then i said down
i didnt mean down trend, but a retracement, then maybe 227.5 again
and probably break
though it could break it the first time

below is a chart trying to show what im looking at
Attached Image (click to enlarge)
Click to Enlarge Name: h4.gif Size: 17 KB
  • #3,465
  • Dec 11, 2007 3:08pm Dec 11, 2007 3:08pm
what is the ea of this ts ??

frame m15 ?? gbp jpy ?
  • #3,466
  • Dec 11, 2007 3:15pm Dec 11, 2007 3:15pm
its the trendchaser supernova
http://www.forexfactory.com/showpost...postcount=3370

Quoting wallstreet03
what is the ea of this ts ??

frame m15 ?? gbp jpy ?
  • #3,467
  • Dec 11, 2007 3:25pm Dec 11, 2007 3:25pm
Quoting trendchaser
its the trendchaser supernova
http://www.forexfactory.com/showpost...postcount=3370
ok thanks ! and equity ??
  • #3,468
  • Dec 11, 2007 3:27pm Dec 11, 2007 3:27pm
not sure i understand
its for ibfx mini account?
Quoting wallstreet03
ok thanks ! and equity ??
  • #3,469
  • Dec 11, 2007 3:29pm Dec 11, 2007 3:29pm
oh, my current equity is $9,560,299.00

Quoting trendchaser
not sure i understand
its for ibfx mini account?
  • #3,470
  • Dec 11, 2007 3:29pm Dec 11, 2007 3:29pm
Quoting trendchaser
not sure i understand
its for ibfx mini account?

yes
  • #3,471
  • Dec 11, 2007 3:30pm Dec 11, 2007 3:30pm
just joking
i dont understand your question?
  • #3,472
  • Dec 11, 2007 3:36pm Dec 11, 2007 3:36pm
gbp jpy has spride very large ! 6 pips ! :-(
  • #3,473
  • Dec 11, 2007 3:39pm Dec 11, 2007 3:39pm
is that ur spread
mines 9 pips, sometimes 15
i go for moves big enough that i dont worry about spread
wish mine was 6 though lol


Quoting wallstreet03
gbp jpy has spride very large ! 6 pips ! :-(
  • #3,474
  • Dec 11, 2007 3:41pm Dec 11, 2007 3:41pm
Quoting trendchaser
is that ur spread
mines 9 pips, sometimes 15
i go for moves big enough that i dont worry about spread
wish mine was 6 though lol
results of this week ??
  • #3,475
  • Dec 11, 2007 3:41pm Dec 11, 2007 3:41pm
i should say this
the ea is made for ibfx because they put a m after the pair
GBPJPYm
so if ur using a diferent broker
the comments arent correct and the magic number is the same for all pairs
  • #3,476
  • Dec 11, 2007 3:42pm Dec 11, 2007 3:42pm
Quoting trendchaser
is that ur spread
mines 9 pips, sometimes 15
i go for moves big enough that i dont worry about spread
wish mine was 6 though lol
Hey TC,

So you are using the supernova EA on the default settings with the 1 hr chart?
  • #3,477
  • Dec 11, 2007 3:43pm Dec 11, 2007 3:43pm
i have not been running the ea until yesterday
so far a long has been won and a short
you can see them in a post a few pages back
in that post only the 2 previouse trades are real
all other arrows are from the tester

Quoting wallstreet03
results of this week ??
  • #3,478
  • Dec 11, 2007 3:44pm Dec 11, 2007 3:44pm
yes i am
sorry i said m15
i got confused with my psar ea

supernova ea is h1 chart

im glad you pointed this out
sorry ppl

Quoting hello
Hey TC,

So you are using the supernova EA on the default settings with the 1 hr chart?
  • #3,479
  • Dec 11, 2007 3:50pm Dec 11, 2007 3:50pm
No prob! I was a little confused too because I have set up your psar EA early today.

Don't know if i have asked this for the supernova, but you do not need the indicators on the chart for it to run?
  • #3,480
  • Dec 11, 2007 4:11pm Dec 11, 2007 4:11pm
the ea works n uses the indicators regardless, long as there there
there only on the chart for your visual needs
the ea doesnt know if there on the chart or not

chart can be bare
the tf however is important

Quoting hello
No prob! I was a little confused too because I have set up your psar EA early today.

Don't know if i have asked this for the supernova, but you do not need the indicators on the chart for it to run?
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