Harold,
Please continue to share your insights I value them greatly!
Please continue to share your insights I value them greatly!
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DislikedHarold,
I agree 100% with what you said. This works and the compound of results is all you need to build your wealth. I am trading your system during the evening and just finished up. Here are my numbers so far tonight. I am looking forward to the European session in a few hours.
Entry Exit Pips
GBPJPY Short 215.28 214.78 +50
EURJPY Short 160.97 160.57 +40
CHFJPY Short 98.26 98.06 +20
Total +110
Thank you Harold,
PipPrinceIgnored
DislikedI am not trading these signals for now, I just opened up my MT4 and they don't look so good right now. Maybe later on during the day.
Harold4x
that was a great post, I agree with you 100% on the compounding issue. Also I would like to thank you for all you're doing for the people following this thread. Great jobIgnored
DislikedI agree .. i thought I was not getting something quite right but no ... I am not lossing my mind :-)
no trade so far .... anyone traded based on the rules yet????Ignored
DislikedI agree .. i thought I was not getting something quite right but no ... I am not lossing my mind :-)
no trade so far .... anyone traded based on the rules yet????Ignored
DislikedHarold your recent post has shown me the light. (again). I have gone back to the basics now and am trying to mimick your trades. (since your system isn't broke...)
From now on, I am only going to trade those 6 pairs you recommend. I think I might keep the ATR14 tp/sl levels though, as I'm quite fond of that addition.
@ syedks
you're not going to like this, but the rjofx dealbook (Harold's) platform has the final say as to whether a signal has occurred.
I have at times noticed vast difference's in indicator values between his platform and either northfinance or interbankfx MT4 platforms.
The recent bad data spikes on ibfx have me now relying solely on the northfinance platform for alerts.
With the interbankfx MT4 it is the same GMT time zone as rjofx so you could use your ea for that daily indication. Once again, though, you would somehow have to make sure it is the same indication that rjofx has...
As for the hourly alerts it is CRITICAL that rjofx agrees. It is my observation that the indicator values are generally better coming from rjofx than the MT4.
Regarding the signals on rjofx so far...
@ 2 am est start time the gbp/usd was in a current down signal already and there were no other signals to take, so we should have jumped in on that one.
Depending on how fast you entered it would have just missed the 30 pips target and now be out of the trade with a small loss (less than 10 pips) at the close of the 8gmt candle when the stoch crossed back the wrong way.
Or you would have barely made the +30 if you were slow entering and caught the small retrace.
Personally I missed this move altogether, as I was still sleeping.
@ 7gmt candle close there was a valid eurjpy down signal (which i did take)
The eurcad also had all 3 indicators down supporting the eur weakness (even though we're only looking for the long signals on that one).
The cadjpy was sooo close to having a down signal (but didn't) which to me also supported the jpy strength.
And the gbpjpy had a down signal but like harold said it was daily O/S and we already have a better signal to take (eurjpy) so I skipped this one, but it also helped indicate jpy strength.
The eurjpy spiked up for -30 pips SL
@ 8gmt candle close the eurjpy down sig. was still valid so I re-entered.
supporting factors:
The eurcad was still all 3 indicators down.
The cadjpy had all 3 indicators up now (even though we're only watching shorts on this one) which maybe should have stopped me from re-entering the eurjpy on jpy correlation, but it was a long candle due for a retrace imo, plus I had the eur weakness correlation from eurcad to support my decision.
This re-entry trade almost tp'd, then almost got stopped out, now currently it's just dragging it's ass.Ignored
Dislikedsyedks,
I am useing MetaTrader for charting, it's GMT+1, only signals i got were short G/U & E/J, neither reached 30pip TP although G/U missed by 1 pip.
E/J closed @ BE, G/U closed @+10
POKIIgnored
DislikedCheers ... do you compare harold's signals with yours??? do they match on Alpari???Ignored
Dislikedwell a very slow night last night probably because its npf day i did enter shrt on gbpusd missed by 1 pip and closed for a -7 when stoc turned over at end of candle other than that nothing more to say just in a wait and see mode till 9amIgnored