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EUR/GBP Trendmagic System

  • #1,001
  • Jun 9, 2009 4:52am Jun 9, 2009 4:52am
Quoting s050399b
I'm sorry, what's WP?
Week Pivot point (perhaps)
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  • #1,002
  • Jun 9, 2009 4:52am Jun 9, 2009 4:52am
Do I move the SL down to next TM level now, as I think Paulus does, and risk getting stopped out early?

Hmmmm, I think I will...
Price hitting resistance at 13906 at the moment, bet if it breaks through it'll surge...
(Also note the 15 HG box has turned blue.)
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd090609b.png Size: 16 KB
Full-time trader and loving it!
  • #1,003
  • Jun 9, 2009 4:53am Jun 9, 2009 4:53am
Quoting Ezzy
Good luck chem, I am also in at approx the same price. My TP is at WP.

Cheers
Ezzy

waiting for the TP
  • #1,004
  • Jun 9, 2009 4:55am Jun 9, 2009 4:55am
Quoting s050399b
I'm sorry, what's WP?
Hi s050

WP = weekly pivot, mine is at about 3844, I know, I am breaking rules re: the indies we suppose to have on this system. Sorry for the confusion.

Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #1,005
  • Jun 9, 2009 4:55am Jun 9, 2009 4:55am
Quoting chemfly
Sell eurusd @ 1.3899,stop@ 1.3925
I want to close this trade @ 1.3820

anybody do with me?

I think we are the last winner

Why 1.3820?
  • #1,006
  • Jun 9, 2009 5:01am Jun 9, 2009 5:01am
Quoting s050399b
Why 1.3820?
Because it's a bloody big profit?

I see that was support a little while back, maybe that's the reason.
Full-time trader and loving it!
  • #1,007
  • Jun 9, 2009 5:01am Jun 9, 2009 5:01am
Quoting s050399b
Why 1.3820?



Daily low is @1.3804, and 23.6% is @1.3850

but WL is @1.3840

So,the price will be to 1.3820

Maybe I am wrong....
  • #1,008
  • Jun 9, 2009 5:02am Jun 9, 2009 5:02am
Okay, I am putting my TP = 1.3815 for now as there is a resistance line (1.3804) in the H4 chart on the 2009.06.08 08:00
  • #1,009
  • Jun 9, 2009 5:04am Jun 9, 2009 5:04am
GPBUSD coming up next, any takers?
  • #1,010
  • Jun 9, 2009 5:05am Jun 9, 2009 5:05am
Anyone looking at EJ.

Looks like it is getting ready for a short, anybody else of similar opinion.
What you do is a reflection of you....what I do is a reflection of me.
  • #1,011
  • Jun 9, 2009 5:08am Jun 9, 2009 5:08am
Short EU and EJ, GU and GJ coming

Sorry for extra indicators, just trying out....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej.gif Size: 31 KB
Click to Enlarge Name: eu.gif Size: 30 KB
  • #1,012
  • Jun 9, 2009 5:10am Jun 9, 2009 5:10am
Quoting Ezzy
Anyone looking at EJ.

Looks like it is getting ready for a short, anybody else of similar opinion.

Entered at 136.315, SL=136.59, TP=135.75
  • #1,013
  • Jun 9, 2009 5:12am Jun 9, 2009 5:12am
Quoting asen
Short EU and EJ, GU and GJ coming

Sorry for extra indicators, just trying out....
Agree Asen

This system is magic.

It makes a terrible trader like myself look half good!
What you do is a reflection of you....what I do is a reflection of me.
  • #1,014
  • Jun 9, 2009 5:20am Jun 9, 2009 5:20am
I think we must change our mind
Because the color cant change by itself of HG_0001a MTF,do you find this?

Maybe HG_0001a is better than HG_0001a MTF


Sorry for my poor English
  • #1,015
  • Jun 9, 2009 5:23am Jun 9, 2009 5:23am
Quoting asen
Short EU and EJ, GU and GJ coming
Damn it, I need to get to Tesco's!
Seriously, eurusd going well, 20+ pips at the moment and SL at breakeven, so whatever happens it's a free trade.
And 5, 15 and 30 lights are all now red, let's hope that means it's got further to go...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd090609c.png Size: 18 KB
Full-time trader and loving it!
  • #1,016
  • Jun 9, 2009 5:37am Jun 9, 2009 5:37am
Ooops. Sorry. Ignore this .... R.

Quoting Digitalis
Damn it, I need to get to Tesco's!
Seriously, eurusd going well, 20+ pips at the moment and SL at breakeven, so whatever happens it's a free trade.
And 5, 15 and 30 lights are all now red, let's hope that means it's got further to go...
  • #1,017
  • Jun 9, 2009 5:40am Jun 9, 2009 5:40am
Best Pairs to trade for which session?

http://mediaserver.fxstreet.com/Repo...2d0fa4a83f.pdf


Is this still valid?
  • #1,018
  • Jun 9, 2009 5:58am Jun 9, 2009 5:58am
Hi All

GJ (M5) is stuck in a really well defined channel. TM is dead flat and alternating red/blue.

What does this mean (if anything) for future price action?

Anne
  • #1,019
  • Jun 9, 2009 6:00am Jun 9, 2009 6:00am
Quoting TudorGirl
Hi All

GJ (M5) is stuck in a really well defined channel. TM is dead flat and alternating red/blue.

What does this mean (if anything) for future price action?

Anne
Down
  • #1,020
  • Edited 6:18am Jun 9, 2009 6:01am | Edited 6:18am
Edited
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