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Long

1 20448 1 20380 1 20147 2 19770 3 19393 5 19160

Thanks, Syafi. My finger is on the long button, but I haven't pushed it yet. All my longs from yesterday were futile and I'm a little gun shy, I guess. Longs make sense though and I sure appreciate your insights.
I did push the long button on the Aud/USD though. It probably is just a correction, but it is trying to go north according to my indicators.
Again, thanks for the GBP update. I'll be watching it with ready "longs".

Tommy

. we know correction is due, price going down to gain momentum to break resistance @209 to shoot at 211 before plumbered to 187 area by July .

Just playing with small lot size here. still putting this Holy Grail on live test to ensure it will live up to the expectation.

Looks like you are right about the G/J. At least so far it seems to be going down passing support at 203.40. My calculations would look down to 201.35 now. But then, I'm wrong a lot....lol.......
Any time you would like to share your strategy in progress so some of us can help study and test it, please let me know. We don't even need it to be a grail, holy or otherwise. We will settle for successfully profitable.
Give the new baby a pinch in the cheek for us. And thanks again for posting.

Tommy

I have Buy limit at 201.47 ....

All Longs still hold good .

1 lot 204.48 executed
1 lot 203.80 executed
1 lot 201.47 pending
2 lot 197.70 pending

Take profit for now 206.13

no problem holding longs.....100 pips negative will be covered in 40 days swap 500 pips covered in 200 days eventually it will bounce back and you'll all be rich n famous from yr trade calls

swap is useless.

I am doing this to test my new system
only 1 micro lot on a 1k account.

This system will fall apart if price fell below 2000+ pip with no 38% pip retrace at all.

All Longs still hold good .

1 lot 204.48 executed
1 lot 203.80 executed
1 lot 201.47 Executed
2 lot 197.70 pending- Cancelled

Take profit for now 205.24

average price = 203.25

I hate this......... I always do this when i see green pips

Closed GBP/JPY Trades @ 203.65 ..... a 40 pip gain average price...

203.56 actually

a win is a win. now you proved your method.
lol

Never lose again, and the only losing trade will cost you your account

humor~~
i like it.

Today we Short . all pending orders Sell Limit

Lot Entry TakeProfit
1 20354 20265
1 20587 20443
2 20820 20587
3 20964 20731
5 21108 20875
8 21252 21019
13 21341 21108

Rule is change take profit to the next lot sequence if the text order is executed so exit all at same price.

Who want free pips ? you dont pay spread, We pay you spread

Looks to me like this pair is going down. If it gets past the daily pivot around 202.27, I see no reason why it should stop going at least to S1. Of course there are some announcements coming out in about 3 hours or so, so be careful...... I'm going short at 202.15, looking to hit 201.00. If it goes past there, I'll target 199.90. Good trading all......
Sy, I like your trading plan. It is the possible drawdown that scares me away. lol..... Good luck though.....It sure looks like it should work out nicely today..

Yes, I agree..

The thing is. We prepare for the worst & plan for the worst...
all pending order canceled .

Thats just buggy execution from MBT. If somebody is willing to sell EJ at 161.145 and another group of persons are willing to buy it for 161.17, then why don't the system just fill their orders rather than waiting for some new orders. I think its just the way their platform handles the fractional lots.

in other ECN we can get fill at those price. its for real, market too active.