GU Intraday System

Hi guys did not discuss my trades as I wanted to, had my hands full exploiting various trades in quite an exciting and fufilling day.

However as a form of review I would post a chart highlighting the different entry signals of the 15min gann system. Of course your targets should be as I have highlighted in my previous post (s&r levels, pivot points etc).

The blue arrow indicates the basic sell entry signal

The red arrow indicates the retrace entry when price pulls back between the gann and sma and then shows continuation.

The aqua arrow shows the basic buy entry which occured at the US open which was of course a loss (after S&P cut the credit rating of Greece to nearly junk).

So enjoy and have a good night rest and God Bless.

Finally the 30min gann system chart for today

Blue arrow basic sell entry

Red Arrow retrace entry when price pulls back to the gann and sma.

Good Night

A bit messy this morning.

Already had a loss on my sell.

Post a chart so we can analyse what happened. However I picked a quick 21 pips on shorting the retrace to yesterday's low. Remember price may consolidate and lack decisive direction after yesterday's excessive drop.
Here is my trade

Guys I think we can benefit more if you post the chart of your trades. I know its kind of distractive trading and discussing on forums, but I think we can all get better insights on the market and the system if we do that. Personally if I cannot post while trading I make it a point of duty to post later on in the day. So lets have some more active contribution.

Math, if you suffered a loss, that means you SL is too tight. GU in my view is heading to 1.50.

OK-don, good work in setting up this simple-to-trade strategy. I love it.

Today:

EJ: 20 + 20(Using trend lines)

GU: 10 + 20 + 10( Using Gann system)

EU: 10 (using Gann system)

Made my 20 pips back with the buy signal.

hello fellows,
Have been reading this thread but kept silent.
Today is not the best day to trade to many news pressure.
But I have made a small trade 15m GU and took fast 14 pips in my pocket.
Here is the result. Trade is marked on chart.

Brilliant.

Can I borrow some money ?

Perfect trade.

Exactly as I took it.

If you held on a bit longer you would have made your 20 pips.

Keep going.

Thanks, I will. For me it was safe because on 1h tf we had 2 spikes. Any way market is tricky today.

Yip, safety first.

Trust yourself.

I made pips, not money!http://cdn.forexfactory.com/images/s.../yim/happy.gif

Well good we have another trader participating in this thread. Soondock you would not imagine how simple trading can be with this system I have picked no less than 80 pips (trading multiple lots ) on the system today.

Trading the basic entries and retrace to gann and sma and taking even the buy counter trend signal. Basically I do my analysis in the morning and mark the possible swing points and I wait for the market to come to those areas, I post my chart and you can see the clear signals I have taken after the one I have posted in the morning.

One thing I try to do is trade each system exclusively. Meaning when I am trading the 15 min I go for 20-30 pips per move. Enter again if I have the retrace signal to the gann and sma. I try to keep it simple. Of course I take counter trend trades with half sized position.

When I have a genuine fundamental driver I tend to use the 30 min system to trail the trades and maximise profit. Later on if i have the time I would release the long term strategy for the system which can be traded on various pairs on the longer time frames. Infact look at the eurjpy chart I posted sometime back you would get a clue on how I trade the yen pairs, It is very profitable and less strenous you would love it. But first let us fully explore the potential of the 15 and 30 min gann system before we move on

Well were did the 5 stars come from, I had no idea other traders were following the thread, Alright thanks everyone.


However the last chart, I used the qqe indicator instead of the stoch. I was just playing around with it becos that is what I use for my long term strat. However all these indicators tell the same story. But keep to the stoch, sorry for posting that chart with the qqe.

Hi okehiedon,

My broker and my time zone GMT+2.
For thv pivot's;

HrsServerTzFromGMT: 2
HrsChoiceTzFromGMT:0

This is right? Because my chart support res. level different on your chart.

My gmt is +1. However the difference is not much between +2 to+1, though sometimes I switch between the 2 time zones if I see a level holding that not obvious to me from my own analysis and time zone.

Heads up: I do not expect any body to be in the market FOMC is coming out soon.

GBPUSD is resuming its spiral move downwards and is very likely heading towards the 1.5050 mark come tomorrow.