Trend Trading All Pairs

Quoting Forexcube

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AUDCHF, Weekly, 2010 August 21

Market price is now at EMA100. If it will break do you really think we've higher probabilities for a further downside movement if monthly chart looks like #7757?

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Quoting AndreasF

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Hi Custos

Would shorting GBPCAD on H1 a trade you would take?
Trigger would be around 1.6340 -first touch of supply zone.

Thanks
Andreas

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Quoting Custos

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another interesting thread I was reading over the weekend: http://www.forexfactory.com/showthread.php?t=156106

makes a lot of sense to me I have to say. But need to test if in practice it really works so well as in theory.
But I would not use the take profit, I rather want a couple of thousand pips for a 2 pip risk entry .

Let me know what you guys think about that strat.

cheers

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Quoting randomperson

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Attempt for small stops is perfectly fine if you have an edge and wish that to be your MM goal. With that being said...they aren't using any edge. They enter with good r:r and hope it works. Good MM won't turn a losing system into a winner.

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Quoting Custos

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another interesting thread I was reading over the weekend: http://www.forexfactory.com/showthread.php?t=156106

makes a lot of sense to me I have to say. But need to test if in practice it really works so well as in theory.
But I would not use the take profit, I rather want a couple of thousand pips for a 2 pip risk entry .

Let me know what you guys think about that strat.

cheers

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Quoting MktScape

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thanks for the link .... on the first post of this thread it say to read page 184 which dosent exist ... i thought it must be post 184 ...but that post dosent explain the system ...while reviewing some posts i realized that they are using 5 secs chart ...never heard of charts in seconds.

http://www.forexfactory.com/showpost...&postcount=132

I'll read it later today or tomorrow and will comment.

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Quoting MktScape

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I was wondering which level to go for on this one .... 50% has a strong resistance above it .... i am thinking a sell limit at 50% and Sl at 613.8 which will approx 55pips SLs.

Thanks.

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Quoting Custos

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I don't have this pair on my platform, so can't really tell if 50% is strong. But no idea where you got the 613.8 number from, you mean 0.96138?

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Quoting Custos

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hm, not sure where you got the number 184 from. He says in the beginning of the thread to read his first post, which is the attachment and the explanation of the strategy and from page 180 on they started using this updated strategy.

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Quoting MktScape

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I know why i dont have page # 180 .... due to my profile setting ...becuase i have more # of posts per page there it dosent show the 180th age ...so roughly which post # it starts?

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Quoting MktScape

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looks like a type ... i meant 61.8% fib .... here is a zoomed out version of the same chart.

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Quoting Jackk

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Very good MktScape

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Quoting MktScape

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thanks ......which ones are u riding?

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Quoting Jackk

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And what about the USDCAD daily, the green zone for short...?

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