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the key to the mint

  • #2,121
  • Jan 24, 2008 8:02pm Jan 24, 2008 8:02pm
Hi Harold, your post on not overtrading really hit home..I'll watch it.
  • #2,122
  • Jan 24, 2008 8:13pm Jan 24, 2008 8:13pm
I see GBPUSD long on the daily and GBPCHF short on the daily for fri. What say ye, men of sherwood.
  • #2,123
  • Jan 24, 2008 8:37pm Jan 24, 2008 8:37pm
you are correct sir it seems like we finally are getting some turn over on the pairs tomorrow is going to be a slow day (at face value) no news and its friday. i have put on 5 trades this week all winners for 200 pips i will not push the envelope and will reward myself with a good nights sleep. on monday i will experiment and get up at 130 am and trade with who ever is there this is a 2 week trial to see if it helps me get more sleep and family time i have also downloaded ( i dont know why odl also to post charts though i have been posting from my own charts . anyway this is my thinking if i have a trade signal and one of them is gbpjpy i go with that big boy and leave the rest at the bus stop as i look at my charts the daily on the gbpusd is 50.0709 hmmm?
  • #2,124
  • Jan 24, 2008 8:59pm Jan 24, 2008 8:59pm
how about some chatter dont just stare at me lol:surprised
  • #2,125
  • Jan 24, 2008 9:09pm Jan 24, 2008 9:09pm
Quoting harold4x
you are correct sir it seems like we finally are getting some turn over on the pairs tomorrow is going to be a slow day (at face value) no news and its friday. i have put on 5 trades this week all winners for 200 pips i will not push the envelope and will reward myself with a good nights sleep. on monday i will experiment and get up at 130 am and trade with who ever is there this is a 2 week trial to see if it helps me get more sleep and family time i have also downloaded ( i dont know why odl also to post charts though i have been posting from my own charts . anyway this is my thinking if i have a trade signal and one of them is gbpjpy i go with that big boy and leave the rest at the bus stop as i look at my charts the daily on the gbpusd is 50.0709 hmmm?
Harold, is the comment about gbpusd at 50.07, have to do with the rsi being too close to 50 for a long trade?
  • #2,126
  • Jan 24, 2008 9:18pm Jan 24, 2008 9:18pm
kinda i like to see reading at 51 or 49 so be careful if you put trade on
  • #2,127
  • Jan 24, 2008 9:20pm Jan 24, 2008 9:20pm
Harold, I'm gonna follow your lead and take Fri off. +133 pips for the week. I'm thrilled....
  • #2,128
  • Jan 24, 2008 9:25pm Jan 24, 2008 9:25pm
133 pips and thats money management some would say try and get all you can the question is what is that number? joel has 133 and i have 200 we know what numbers we have do all of you get the point
  • #2,129
  • Jan 24, 2008 9:27pm Jan 24, 2008 9:27pm
Harold, can you confirm the trading times you use. I noticed on the first post you have 6GMT to about 15GMT...had that changed? I thought it was until 16GMT and I think a couple of the indicators and ea's have 18GMT listed.
  • #2,130
  • Jan 24, 2008 9:30pm Jan 24, 2008 9:30pm
i begin looking for trades at the close of the 600 gmt candle if i dont get a signal or a win by the close of 1500 gmt i am done. most of the time i get my win during london session and if i do 90% of time i dont put on anything else but if i have a loss i wait for next signal up till the close of 1400 gmt candle
  • #2,131
  • Jan 24, 2008 9:42pm Jan 24, 2008 9:42pm
Quoting harold4x
133 pips and thats money management some would say try and get all you can the question is what is that number? joel has 133 and i have 200 we know what numbers we have do all of you get the point
The term.."do not glean the field" jumped out at me when I read your post.
  • #2,132
  • Jan 24, 2008 9:45pm Jan 24, 2008 9:45pm
apparently seamonkey gets the point. alot things constitute a trading decision. its not just putting on trades thats the easy part the hard part is holding on to your money
  • #2,133
  • Jan 24, 2008 9:48pm Jan 24, 2008 9:48pm
FXPip, i sent you an private message.
  • #2,134
  • Jan 25, 2008 12:01am Jan 25, 2008 12:01am
Harold, Ive set up RJOFX 's demo charts. Do you see any advantage in your time using this system with running IBFX as well?
The road to pipland is arduous and fraught with challenge.
  • #2,135
  • Jan 25, 2008 12:05am Jan 25, 2008 12:05am
Quoting Joel
I see GBPUSD long on the daily and GBPCHF short on the daily for fri. What say ye, men of sherwood.
I'll be carefull with the GBP CHF,infact i wont take the down signal. A careful examination shows otherwise on the daily trend.

Harold the daily rsi for GBPUSD shows 52.5488 (NORTH FINANCE) and i assume thats strong enough for a long position right?
God's Love For You Is Sure Never You Doubt It
  • #2,136
  • Jan 25, 2008 12:59am Jan 25, 2008 12:59am
Daily RSI for gbpusd on ibfx is 52.9009


Quote
if i have a trade signal and one of them is gbpjpy i go with that big boy and leave the rest at the bus stop
Harold, do you mean that for any given day, that would be your preferred trade?
  • #2,137
  • Jan 25, 2008 2:24am Jan 25, 2008 2:24am
+37 on G/J, maay not have been a valid signal on the daily but still looked like a strong move.
  • #2,138
  • Jan 25, 2008 2:49am Jan 25, 2008 2:49am
Quoting poki
+37 on G/J, maay not have been a valid signal on the daily but still looked like a strong move.
sorry ... how you get that signal???
  • #2,139
  • Edited 3:04am Jan 25, 2008 2:54am | Edited 3:04am
hi
what u think about eurcad? short on daily, could give signal on h1 too


edit: short now
  • #2,140
  • Jan 25, 2008 2:56am Jan 25, 2008 2:56am
Quoting autaret
sorry ... how you get that signal???
the daily rsi was over 50 earlier, but had dipped just below the 50 when i put trade in, 1 hr was a confirmed signal?
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