Great GBP/USD Strategy for Swing Trades | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

5/6 candle swing low swing high Indicator 5 replies

Swing high / Swing low indictator+alert? 20 replies

High probability trade setups for day trades and swing trades 4 replies

Swing highs and swing lows 3 replies

swing high/swing low indicator and volume tic history 13 replies

Attachments: Great GBP/USD Strategy for Swing Trades
Exit Attachments

Great GBP/USD Strategy for Swing Trades

  • #121
  • Mar 16, 2007 1:43pm Mar 16, 2007 1:43pm
Can you explain more about what angles for the EMA crossing would be a stronger signal? Is a steeper angle much better than a less steep angle? Perhaps we could use a compass to measure the angle
  • #122
  • Mar 16, 2007 3:45pm Mar 16, 2007 3:45pm
Quoting fratguy
Hi V,

Now that we're up 100 pips, is it a good idea to add on another position because we're already in the money? And regarding exiting the position, I know we milk it until the 4EMA crosses 13 on the 4 hr chart. Would you still agree with that?

Thanks,
Fratguy
Dear Fratguy,

I will stick to my rules but if you want you can take your profits at any kind of support or resistance since the EMA4 and EMA13 didnt cross the EMA50 at a great angle.

VyNNeR
  • #123
  • Mar 16, 2007 3:47pm Mar 16, 2007 3:47pm
Quoting zamakhtar
Can you explain more about what angles for the EMA crossing would be a stronger signal? Is a steeper angle much better than a less steep angle? Perhaps we could use a compass to measure the angle
Dear zamakhtar,

If EMA4 and EMA13 cross EMA50 at about the same time usually that produce a much better angle and usually produce a much stronger signal.

VyNNeR
  • #124
  • Mar 16, 2007 5:13pm Mar 16, 2007 5:13pm
vynner,

I know this is going to sound foolish, but somebody's gotta ask! Once your up on pips, are you simply moving your stop to break even then waiting for a signal to get out of the move or are you moving up your stop the whole time?

It was a GREAT move today! Thanks again for sharing your techniques.

Robert DeCuir
  • #125
  • Mar 16, 2007 7:26pm Mar 16, 2007 7:26pm
Quoting Fx1618
Tx for sharing this, I set this up and looks like we might get a SHORT-GDP on the next candle. Am I correct?

http://img2.freeimagehosting.net/uploads/56c911f9e7.jpg
Can someone show me how to put the Daily and 4H chart in one window like the above chart?

Thank you in advance
  • #126
  • Mar 16, 2007 7:40pm Mar 16, 2007 7:40pm
FX1618:

If it's Metatrader just open/create the profile that contains the two charts you want, then go to the "Window" drop-down menu and select "Tile Vertically".

Hope that helps - John
  • #127
  • Mar 16, 2007 8:13pm Mar 16, 2007 8:13pm
Quoting j_melancon
FX1618:

If it's Metatrader just open/create the profile that contains the two charts you want, then go to the "Window" drop-down menu and select "Tile Vertically".

Hope that helps - John
John, thank you very much for your help and quick response
  • #128
  • Mar 16, 2007 10:06pm Mar 16, 2007 10:06pm
Vynner,

You mentioned that you get 2 - 3 trades per month off this method.

Any chance of sharing your scalp method or other inbetween methods that you use whist waiting for the swing trades to form.

Many thanks.

Bill
It's All About Attitude ...
  • #129
  • Mar 17, 2007 3:05pm Mar 17, 2007 3:05pm
VyNNeR,

Please verify this is the correct entry. Thanks for you system.
DL
Attached Image
  • #130
  • Mar 17, 2007 4:32pm Mar 17, 2007 4:32pm
Great system vynner, I've been tracking it and it's been showing very great potential. In fact, I'm using it as of now. So now, I've actually added it into my trading use. I've got 2 styles that I use, the first being my own discretionary decisions and the second being your system. Well done!
  • #131
  • Mar 17, 2007 10:30pm Mar 17, 2007 10:30pm
Quoting coolshades
well that was a short lived trade. got stopped out at 117.16 when i entered at 117.66. vynner, how did you come at an entry of 117.31? my 4 pm candle has open at 116.66, high of 117.17 and low of 116.47...i use mt4 for charts and broker is fxdd which has a new candle at gmt +2
Were you stopped out at a loss? I am also use MT4. What are you settings using MT4?
  • #132
  • Mar 17, 2007 11:47pm Mar 17, 2007 11:47pm
I am on Dealbook and looked back at Feb. 23rd. Please tell me if I am doing this correctly:

1) Seems there is an entry signal 12:00 GMT at 1.9577, and an exit trade Feb. 28th 16:00 GMT at 1.9600. Am I doing this correctly?

Attached Image


Attached Image


Attached Image


Attached Image


Am I doing this correctly?
  • #133
  • Mar 17, 2007 11:52pm Mar 17, 2007 11:52pm
Please tell me if I am doing this correctly:

2) Sell Entry 3/2/07 @ 12:00 GMT at 1.9480, Close exit buy back at 1.9376 on 3/12/07.

Attached Image


Attached Image


Attached Image


Attached Image
  • #134
  • Mar 18, 2007 12:05am Mar 18, 2007 12:05am
3) Entry order Sell to open 2/8/07 @1.9576, Exit order buy to close 2/14/07 @ 1.9604 for a net LOSS.

Attached Image


Attached Image


Attached Image


Attached Image
  • #135
  • Mar 18, 2007 12:26am Mar 18, 2007 12:26am
Sell entry order 12/15/2006 @ 1.9502, next exit signal is 12/19/2006 @ 1.9680 this is a net loss of 178 pips. Am I doing something wrong? If not, this is not good...
  • #136
  • Mar 18, 2007 12:31am Mar 18, 2007 12:31am
Quoting billser
Vynner,

You mentioned that you get 2 - 3 trades per month off this method.

Any chance of sharing your scalp method or other inbetween methods that you use whist waiting for the swing trades to form.

Many thanks.

Bill
with that mindset u are getting greedy son
  • #137
  • Mar 19, 2007 6:31am Mar 19, 2007 6:31am
Quoting billser
Vynner,

You mentioned that you get 2 - 3 trades per month off this method.

Any chance of sharing your scalp method or other inbetween methods that you use whist waiting for the swing trades to form.

Many thanks.

Bill
Dear all,

I have been receiving too many private messages asking me the same question.

Anyone who are interested in the tools i use while waiting for this swing strategy to form, can add me at MSN Messenger.
My MSN Messenger is [email protected]

Let us all concentrate this swing strategy on this thread only.

VyNNeR
  • #138
  • Mar 19, 2007 6:36am Mar 19, 2007 6:36am
Quoting jeffreytp
I am on Dealbook and looked back at Feb. 23rd. Please tell me if I am doing this correctly:

1) Seems there is an entry signal 12:00 GMT at 1.9577, and an exit trade Feb. 28th 16:00 GMT at 1.9600. Am I doing this correctly?

Attachment

Attachment

Attachment

Attachment

Am I doing this correctly?

Dear jeffreytp,

I have viewed all your sample charts. I have noticed you always got in one candle late.

If all your entries are one candle earlier than it will be correct.

Hope this clear your doubts.

VyNNeR
  • #139
  • Mar 19, 2007 6:38am Mar 19, 2007 6:38am
Quoting lcfxtrader
VyNNeR,

Please verify this is the correct entry. Thanks for you system.
DL

Dear lcfxtrader,

Can you please clearly show where is your entry?
I cannot determine your entry from your chart.

Thanks
VyNNeR
  • #140
  • Mar 19, 2007 9:24am Mar 19, 2007 9:24am
Quoting VyNNeR
Dear jeffreytp,

I have viewed all your sample charts. I have noticed you always got in one candle late.

If all your entries are one candle earlier than it will be correct.

Hope this clear your doubts.

VyNNeR
Looks like instead of using the EMA 13, I was using the EMA 25. Don't know how that happened, but I'll have to run through it again to make sure I am doing this correctly. Thanks for the feedback!
2 traders viewing now