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  • #1,581
  • Jan 15, 2008 8:20am Jan 15, 2008 8:20am
Out At +1 Eurcad And Cadjpy Going Same Way
  • #1,582
  • Jan 15, 2008 8:27am Jan 15, 2008 8:27am
Quoting harold4x
I Am Being Very Cautous I Might Be Closing This Trade Very Soon
Harold , Love the fact that you're so open with us on what and when you trade....feels like I've got a friend in high places...
  • #1,583
  • Jan 15, 2008 8:29am Jan 15, 2008 8:29am
Its Not Easy Trading And Posting At Same Time Trying To Do My Best Only Thing Is Other People Are Watching There Trade So They May Not See My Posts Maybe One Day We Will Open Up A Room Where Audio Can Be Done
  • #1,584
  • Jan 15, 2008 8:32am Jan 15, 2008 8:32am
Reason I Took Gbpjpy Along With Eurcad Is That Even Though The Candle Was Large On Gbpjpy This Pair Is Such A Momentum Mover And I Saw That There Was Room To The Round Number As Well As The Last Low Reason I Got Out Of Eurcad Is That Cadjpy Was Starting To Go In Same Direction
  • #1,585
  • Jan 15, 2008 8:34am Jan 15, 2008 8:34am
Quoting harold4x
Its Not Easy Trading And Posting At Same Time Trying To Do My Best Only Thing Is Other People Are Watching There Trade So They May Not See My Posts Maybe One Day We Will Open Up A Room Where Audio Can Be Done
That would be really good.
  • #1,586
  • Jan 15, 2008 8:42am Jan 15, 2008 8:42am
Hope Every One Closed The Eurcad Trade?
  • #1,587
  • Jan 15, 2008 9:14am Jan 15, 2008 9:14am
Quoting harold4x
Its Not Easy Trading And Posting At Same Time Trying To Do My Best Only Thing Is Other People Are Watching There Trade So They May Not See My Posts Maybe One Day We Will Open Up A Room Where Audio Can Be Done
That would really be the ultimate.
  • #1,588
  • Jan 15, 2008 9:27am Jan 15, 2008 9:27am
Quoting harold4x
Reason I Took Gbpjpy Along With Eurcad Is That Even Though The Candle Was Large On Gbpjpy This Pair Is Such A Momentum Mover And I Saw That There Was Room To The Round Number As Well As The Last Low Reason I Got Out Of Eurcad Is That Cadjpy Was Starting To Go In Same Direction
Skypecast... the ultimate solution :-)
- Syd [dust is my bed...]
  • #1,589
  • Jan 15, 2008 10:56am Jan 15, 2008 10:56am
Harold,
I have been getting a lot of false starts lately. I have not used indicatiors, but only use price action. I am going to follow your system to reduce my false starts. I will be trading between 2 EST to 7 EST. I know your system will work if I follow it. Thanks for sharing your insight.
  • #1,590
  • Jan 15, 2008 12:05pm Jan 15, 2008 12:05pm
No Problem DCB Well It Looked Like The Eurcad Trade Would Have Worked Out After All For 25 And Even 30 These Times Are Tough To Trade When Pairs Are In Ob/os Areas Non The Less It Was Still A Winner. I Got "1" Large Pip From The Trade Lol Fortunatly Got 25 From Gbpjpy Total For Today Was +1 I Had A Eurcad Loss Of 25 This Mornung Total For The Week Is +26 See You Guys Later
  • #1,591
  • Jan 15, 2008 12:16pm Jan 15, 2008 12:16pm
Heu Logical1 How Did You Make Out On That Eurcad Trade
  • #1,592
  • Jan 15, 2008 12:51pm Jan 15, 2008 12:51pm
Quoting harold4x
Heu Logical1 How Did You Make Out On That Eurcad Trade

pulled out at +5, only to see it reach target

Have been a bit distracted tinkering with different chart times/channels etc etc.....had to slap myself in the face and get back to what we are doing here.

My aim is to trade just your system for 3 months and that is exactly what I'm going to do.

+5 for the week so far.

One change though, I just cannot trade the same hours as you, 2am EST is 3am my time, and that is too late to stay up for, and too early to get up for

so......I'm going to start trading at 4.45am, (ready for close of 8am GMT candle).
  • #1,593
  • Edited 1:20pm Jan 15, 2008 12:56pm | Edited 1:20pm
Well If 3 Am Is The 600 Gmt Candle And Its Too Early And You Wait For 800 Gmt That Works You May Miss A Few But Then There Might Be Others Dont Just Take On A Trade Because It Happened At 600gmt And Get In It At 800 Gmt Because Then It Might Be Too Late NOT ALL TRADES HAPPEN AT THE CLOSE OF THE 600 GMT CANDLE ANYWAY SOME HAPPEN AT 700,800 ETC
  • #1,594
  • Jan 15, 2008 1:20pm Jan 15, 2008 1:20pm
Quoting harold4x
Well If 3 Am Is The 600 Gmt Candle And Its Too Early And You Wait For 800 Gmt That Works You May Miss A Few But Then There Might Be Others Dont Just Take On A Trade Because It Happened At 600gmt And Get In It At 800 Gmt Because Then It Might Be Too Late
What a day today ...!!! long eucad and short cadjpy at the same time, 2GMT. should have made lots but got SL and left with nearly + 20 pips .. I think I neeed to work out at my SL strategy ...

but overall, it was a great day for trading.
oh yes, did one more trade at 7GMT .. well we all know that
cheers harold.
- Syd [dust is my bed...]
  • #1,595
  • Jan 15, 2008 1:27pm Jan 15, 2008 1:27pm
YOU TOOK ON THE CADJPY THAT WAS A LITTLE DANGEROUS SEEING THE TRADE STARTED 3 HOURS BEFORE 600 GMT BUT IF YOU MADE MONEY MY HAT GOES OFF TO YOU I JUST SAW YOU STARTED TRADING AT 2 GMT WHY?
  • #1,596
  • Jan 15, 2008 1:35pm Jan 15, 2008 1:35pm
Quoting harold4x
YOU TOOK ON THE CADJPY THAT WAS A LITTLE DANGEROUS SEEING THE TRADE STARTED 3 HOURS BEFORE 600 GMT BUT IF YOU MADE MONEY MY HAT GOES OFF TO YOU I JUST SAW YOU STARTED TRADING AT 2 GMT WHY?
sorry mate, it wasnt 2 GMT, it was 14GMT
- Syd [dust is my bed...]
  • #1,597
  • Jan 15, 2008 1:39pm Jan 15, 2008 1:39pm
Ok Gotcha I Took The Eurcad Long Myself But Didnt Take The Cadjpy I Took The Gbpjpy Instead Because Of The Momentum The Gbpjpy Exibits And Since The Correlation Between The Eurcad And Cadjpy Was There I Took The Other Pair Instead I Really Hope I Am Explaining Myself Well With This Correlation Stuff I Got It In My Heads Sometimes Mouth Cant Communicate It Well
  • #1,598
  • Jan 15, 2008 2:59pm Jan 15, 2008 2:59pm
harold you have a great system here how long have you been trading it is your profit fairly consistant do you trade certain pairs or all pairs do you have certain trade times or do you just trade anytime sometimes you say that a pair is extremely overbought or oversold does that mean that it isnt supposed to be traded or what does that mean anyway thank you for posting it
  • #1,599
  • Jan 15, 2008 3:07pm Jan 15, 2008 3:07pm
Hi Billbiss Lots Of Rapid Fire Questions But They Are To The Point I Have Been Trading This Way For About 6 Yrs I Trade Only The 6 Pairs Mentioned On This Thread Cadjpy Eurcad Eurjpy Gbpjpy Gbpchf Gbpusd I Look For Trades Starting At The Close Of The 600 Gmt Candle Monthly Profits Have Varied From 200 To 600 A Month My Main Goal Is 400 A Month When I Mention Ob/os It Means To Take Less Than The Regular 30 For The 5 Pairs And 50 For The Gbpjpy They Can Still Be Traded Just Have To Be Quick With The Trigger Finger To Close Out Trade Thats All The Other Discretion I Use Is The Correlation Between The Pairs You All Ready Know About That You Have Been Around The Block So I Dont Have To Tell You The Other Is If Any News Has Come Out To Indicate Which Helps
  • #1,600
  • Jan 15, 2008 3:10pm Jan 15, 2008 3:10pm
Quoting harold4x
Hi Billbiss Lots Of Rapid Fire Questions But They Are To The Point I Have Been Trading This Way For About 6 Yrs I Trade Only The 6 Pairs Mentioned On This Thread Cadjpy Eurcad Eurjpy Gbpjpy Gbpchf Gbpusd I Look For Trades Starting At The Close Of The 600 Gmt Candle Monthly Profits Have Varied From 200 To 600 A Month My Main Goal Is 400 A Month When I Mention Ob/os It Means To Take Less Than The Regular 30 For The 5 Pairs And 50 For The Gbpjpy They Can Still Be Traded Just Have To Be Quick With The Trigger Finger To Close Out Trade Thats All The Other Discretion I Use Is The Correlation Between The Pairs You All Ready Know About That You Have Been Around The Block So I Dont Have To Tell You The Other Is If Any News Has Come Out To Indicate Which Helps
Thank you, Harold
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