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Great GBP/USD Strategy for Swing Trades

  • #181
  • Mar 28, 2007 12:40am Mar 28, 2007 12:40am
4 EMA already crossed 50 EMA @USDJPY !!

R U ready for next short ??
  • #182
  • Mar 28, 2007 3:28am Mar 28, 2007 3:28am
Quoting muharief
4 EMA already crossed 50 EMA @USDJPY !!

R U ready for next short ??
I think we should wait for 13 EMA to cross 50 EMA before we take short position and please pay attention to the news release at 7:30 PM as it forecast Positive for both Durable and Core Durable goods.

  • #183
  • Mar 28, 2007 3:38am Mar 28, 2007 3:38am
hi there vynner ,
this system looks damn good . i saw something similar to it a while back , but it was on a 2hr chart .but it wasnt that good because there were too many false starts and it didnt have that "day filter" either .i trade options so i am going to try to incorporate this strategy with them also. i just wondered also , that you say you have a scalping or day trading strategy . i have a reasonably good one but am always looking to better myself . care to share ?
many thanks
  • #184
  • Mar 28, 2007 4:30am Mar 28, 2007 4:30am
Quoting muharief
4 EMA already crossed 50 EMA @USDJPY !!

R U ready for next short ??
Muharief,

Vynner has made it clear at the first of this thread that he has only forward tested this strategy on GBP/USD.

Keep a close eye on your trade should you take it on USD/JPY and let us know how you did. It will be interesting to hear about your results.
Robert DeCuir
  • #185
  • Mar 28, 2007 9:14am Mar 28, 2007 9:14am
Okay, I just use this strategy @ my demo account
thank you for your warning.
And now I've already get 40 pips @ my demo account .

Quoting Robert DeCuir
Muharief,

Vynner has made it clear at the first of this thread that he has only forward tested this strategy on GBP/USD.

Keep a close eye on your trade should you take it on USD/JPY and let us know how you did. It will be interesting to hear about your results.
Robert DeCuir
  • #186
  • Mar 29, 2007 2:59am Mar 29, 2007 2:59am
Quoting muharief
Okay, I just use this strategy @ my demo account
thank you for your warning.
And now I've already get 40 pips @ my demo account .

Dear Muharief,

Good job on you pips. Let us know what is the results on USD/JPY in the future.

Although i did not backtest this strategy on other pairs, fom the look from the past it sure gives promising results too.

Please try to forward test before putting your hard earn $$ on to it.

VyNNeR
  • #187
  • Mar 29, 2007 5:40am Mar 29, 2007 5:40am
Hey VyNNeR,

Thanks for sharing this system. I am a swing trader, most of the time, I got caught in the sideways market, even though in the end the trade itself resulting some profits. But the time I had to wait until the market gets out of its sideways period, it makes me sick. . Your system filters those sideways market. Good job!

Cheers,

Bangun
Be young. But don't be foolish. Study history! - Curtis Faith
  • #188
  • Mar 29, 2007 1:20pm Mar 29, 2007 1:20pm
did anyone take this great trade? long at 156.90 or thereabouts? unfortunately something called a day job prevented me from
  • #189
  • Mar 29, 2007 3:54pm Mar 29, 2007 3:54pm
Quoting coolshades
did anyone take this great trade? long at 156.90 or thereabouts? unfortunately something called a day job prevented me from
Day filter (stoch 13,5,5) has been short for past 48 hrs (on FXCM's Powerstation charts), so no set up on E/J for me.
  • #190
  • Mar 29, 2007 3:57pm Mar 29, 2007 3:57pm
Yes - looked obvious. Especially liked the simultanious crossing of the
3 MA's
Attached Image
  • #191
  • Mar 29, 2007 4:16pm Mar 29, 2007 4:16pm
Quoting finnsol
Yes - looked obvious. Especially liked the simultanious crossing of the
3 MA's
Attachment
Dear all,

The above chart is what i meant by sharp angle on my previous post.

VyNNeR
  • #192
  • Mar 29, 2007 4:38pm Mar 29, 2007 4:38pm
Quoting finnsol
Yes - looked obvious. Especially liked the simultanious crossing of the
3 MA's
Attachment
This chart did not meet the rules:

1) the 4H EMA 13 cossed EMA 50 before EMA 4 which breaks the rules
2) It does look like the Daily Stoch (5,5,13) was less than the signal which meet the rules.

Shouldn'y we wait for confirmation from both indicators?
  • #193
  • Mar 29, 2007 4:58pm Mar 29, 2007 4:58pm
Quoting jeffreytp
This chart did not meet the rules:

1) the 4H EMA 13 cossed EMA 50 before EMA 4 which breaks the rules
2) It does look like the Daily Stoch (5,5,13) was less than the signal which meet the rules.

Shouldn'y we wait for confirmation from both indicators?
Oops - you are right about the daily stoch, Jeff.
But I'm not sure I understand your problem with the crossings.
My entrypoint was 16.00 CET where 4ema > 13ema > 50ema.
Anyway - I'm glad I'm in
  • #194
  • Mar 30, 2007 1:07am Mar 30, 2007 1:07am
finally they crossed but is daily charts showing it's not a sign of entry ??
  • #195
  • Mar 30, 2007 1:12am Mar 30, 2007 1:12am
on the daily chart the slow k was above slow d which is all that is needed...

Quoting finnsol
Oops - you are right about the daily stoch, Jeff.
But I'm not sure I understand your problem with the crossings.
My entrypoint was 16.00 CET where 4ema > 13ema > 50ema.
Anyway - I'm glad I'm in
  • #196
  • Mar 30, 2007 1:51am Mar 30, 2007 1:51am
well.........same like the case so u in already??
  • #197
  • Mar 30, 2007 2:26am Mar 30, 2007 2:26am
Hello.
Do you see the GBPUSD chart, like the swing formation, begin.
Gabe
  • #198
  • Mar 30, 2007 2:34am Mar 30, 2007 2:34am
dontknow what you are referring to mate.

Quoting happyliving
well.........same like the case so u in already??
  • #199
  • Mar 30, 2007 2:48am Mar 30, 2007 2:48am
Quoting coolshades
dontknow what you are referring to mate.
sorry about the type mistake.

seem like u said. Im in r u ?
  • #200
  • Mar 30, 2007 3:09am Mar 30, 2007 3:09am
Quoting coolshades
on the daily chart the slow k was above slow d which is all that is needed...
...which charts do you use? The daily slow stoch (13,5,5) was/is crossed short when the 4hr emas signalled long yesterday.
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