EUR/GBP Trendmagic System | Page 36 | Forex Factory

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EUR/GBP Trendmagic System

  • #701
  • Jun 8, 2009 5:56am Jun 8, 2009 5:56am
Quoting notch
In fact, it has worked on practically everything I have look at except - ironically - EURGBP!
Because I was late to the table and missed the B&B trades I took the eurgbp trade triggered at 08.05 GMT. Managed it with a very conservative stoploss, moving it down as soon as each horizontal TM developed, otherwise might still be in the trade, but still happy with the 37 pips profit.

I'm not actually putting the stoploss exactly on the TM line, I'm adding the spread as a little extra margin...

Must go and change the time on the alarm clock for tomorrow!
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp080609.png Size: 13 KB
Full-time trader and loving it!
  • #702
  • Jun 8, 2009 5:58am Jun 8, 2009 5:58am
Well i like the EURGBP, i managed to pick up another 30 pips on that pair tonight. Just waiting for something else to line up now.
I was in at .8753 and out with 30 pips. I am happy with 20 -30 pips a trade at the moment.
  • #703
  • Jun 8, 2009 6:00am Jun 8, 2009 6:00am
Quoting iansr1
Well i like the EURGBP, i managed to pick up another 30 pips on that pair tonight. Just waiting for something else to line up now.
I was in at .8753 and out with 30 pips. I am happy with 20 -30 pips a trade at the moment.

Can you post a chart. This is one FX that I just can't seem to conquer using any method.
  • #704
  • Jun 8, 2009 6:21am Jun 8, 2009 6:21am
yeap chart attached, i got in when all lined up red. Second successful trade on this pair now. Had a 26 pip win on friday going short as well.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.jpg Size: 104 KB
  • #705
  • Jun 8, 2009 6:22am Jun 8, 2009 6:22am
Quoting iansr1
yeap chart attached, i got in when all lined up red. Second successful trade on this pair now. Had a 26 pip win on friday going short as well.

I'm posting too much on this thread.

So what do you use for a stop-loss?
  • #706
  • Jun 8, 2009 6:24am Jun 8, 2009 6:24am
Quoting Dm3554
Hi, and thanks. How many Pips did you secure on each trade?
gu: 105
eu: 79
gj: 93

And relatively stress free too!
  • #707
  • Jun 8, 2009 6:33am Jun 8, 2009 6:33am
i trigger a buy on GBPJPY, let see how it goes.
  • #708
  • Jun 8, 2009 6:37am Jun 8, 2009 6:37am
i just picked up a quick 37 pips on the beast!

as i cant watch my screen all the time i use the metatrader 15 pip trailing stop, i lose pips using this method as there is always more on the table but i am happy with what i get.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.jpg Size: 108 KB
  • #709
  • Jun 8, 2009 6:41am Jun 8, 2009 6:41am
Quoting iansr1
i just picked up a quick 37 pips on the beast!

as i cant watch my screen all the time i use the metatrader 15 pip trailing stop, i lose pips using this method as there is always more on the table but i am happy with what i get.

It's good to see so many people making money from this system Anyway, I'm going back into lurker mode. People, keep up the good pipping.

Paulus & TG may you be rewarded with an infinite supply of positive karma!
  • #710
  • Jun 8, 2009 6:43am Jun 8, 2009 6:43am
Quoting iansr1
i just picked up a quick 37 pips on the beast!

as i cant watch my screen all the time i use the metatrader 15 pip trailing stop, i lose pips using this method as there is always more on the table but i am happy with what i get.

Hi Ian

I am a 1st timer on the GJ, I'm also up some pips, moves up quick.....I'd hate to see it go against me http://www.forexfactory.com/images/icons/icon9.gif

Lets see how this trade goes, daily pivot may be an issue.

Cheers
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #711
  • Jun 8, 2009 6:50am Jun 8, 2009 6:50am
Quoting Yahoomt4
Thats true iam also thinking the same. what is your target?
I see a lot of resistance eg DP, DO, WP. I would like to see it hit yesterdays high, however I am not very familiar with this pair, so I am probably not the best to ask.

I'll just keep to the system rules and see where it takes me.

Best of luck yahoo

Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #712
  • Jun 8, 2009 7:04am Jun 8, 2009 7:04am
Quoting TauTrader
Good day to you all,

Paulus, TG and others - please do not stone me for this - but it may assist. TG, if one looks at your Tudorgirl Hi/Lo indi you created, it seems to indicate nice SR levels during the run if you take the close of the indicated bar in the trade direction.It may also get you out earlier when the price reverses.

This may serve a purpose - maybe alternative SL level?

I attach the chart pics with the lines manually drawn in and comments.
hi can anybody help me with TudorGirl HG_0001a_mtf indicator
i can not find it in this thread
  • #713
  • Jun 8, 2009 7:11am Jun 8, 2009 7:11am
See post 172

Regards
  • #714
  • Jun 8, 2009 7:11am Jun 8, 2009 7:11am
Seriously? At least look through post #1.

Quoting picky2004
hi can anybody help me with TudorGirl HG_0001a_mtf indicator
i can not find it in this thread
  • #715
  • Jun 8, 2009 7:11am Jun 8, 2009 7:11am
Click on the paperclip (top right of this page), click on 'hide images' - in brackets after the word Attachments at the top left of the popup window, and it's about the 16th attachment down, posted on Jun 6, 2009 10:02am.

Quoting picky2004
hi can anybody help me with TudorGirl HG_0001a_mtf indicator
i can not find it in this thread
  • #716
  • Jun 8, 2009 7:12am Jun 8, 2009 7:12am
here you go,
I have 68 pips for the night, so time to call it a day for me.
Attached File(s)
File Type: ex4 HG_0001a_MTF.ex4   8 KB | 778 downloads
  • #717
  • Jun 8, 2009 7:17am Jun 8, 2009 7:17am
Quoting iansr1
here you go,
I have 68 pips for the night, so time to call it a day for me.
Nice 1 Ian. All the best

Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #718
  • Jun 8, 2009 8:10am Jun 8, 2009 8:10am
i sure hope this thread remains professional-- i smell another auslanco/thv here
  • #719
  • Jun 8, 2009 8:14am Jun 8, 2009 8:14am
Hi Folks !

Attached you will find a snapshot of EUR/GBP 5min chart with my trade from today.

I bailed out while price touched the 0.8700 number.

Very nice system !!

Happy trading

Bernhard
Attached Image (click to enlarge)
Click to Enlarge Name: eur_gbp_5min.gif Size: 33 KB
  • #720
  • Jun 8, 2009 8:15am Jun 8, 2009 8:15am
Quoting notch
ES: From what I see this is a great system for the ES. Many traders will be happy with a consistent 1 to 2 full points from ES and this system gives you that plus more. You may ony be in the trade for a very short time but it works.
Cuurently almost 120 readers online! An FF record??

Notch - what is the ES and the other two-letter symbols you are trading?

Anne
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