Odds are with a 4hr KISS

I can't add a link to previous post...

http://fx-sniper.blogspot.com/2010/1...-2251-gmt.html

Hi Chris --

I'm still out here and trying to catch some 'correct' signals with the K.I.S.S.

Thanks for your entries here, and I did check out your blog.

Forest

So you must be extremaly picky I like it...
Personally I add a touch of fundamental outlook, so my setups don't need to be perfect everytime...

Hello Everyone,

I've been pretty busy the past couple of weeks with my full time job and some personal things. I hope you guys played it safe last week with all the major news releases! There were some trade setups and some wild moves. My daily schedule is getting a little more busy these days so there probably won't be many posts. I hope you guys continue to post. Also, I typically like to take the month of December off as a break from trading and to enjoy the holidays...don't ever forget you enjoy life!!!

i see you changed to my technique 2eleven ... the break of the twenty and pullback to s/r level as of earlier in the thread .. just before you revamped your system . cant blame you !

Well, I'd have to disagree with you there. I still enter trades on pullbacks to the 20ema...if they happen to line up with prior s/r levels that's even better. But the 20ema is where I like to enter.

On another note, this thread was started in March 2010, where as your thread was started in May 2010(2 months after mine)...so one might say that you are using my techique!

I see gold short opportunity. Not sure, shall it be called KISS trade, but taking into account rise of USD I see nothing but fall on gold (at least $20, where I put my first target).
i terms of formation I would call it descending something...

Hi,
I like bearish shape of GJ, with bottom @ 132.17 (grey square).

Unfortunately there Is important support exactly @ 131.00, and round number (yellow line). Both they may bring some volatility, however after few wipsaws I would still think of entering later somewhere around here (as long as price won't just plunge 50 pips below 00 line in few minutes)

What is lw ? thanks,,,,,,,,

Linear Weighted Moving Average.

any more trading?

Since you have waited 6 months for an answer I can say Yes! I bought the $/Y this morning (8 am cdt) and caught 27 pips and it should have been a lot more but I screwed up the trailing stop. But 27 is 27 so I'm not complaining.

I am long the $/Y @ 78.333 (07:13cdt/us). I have a buy stop for the E/gbp @ .8029 - a fair distance from the current price but I have had far too many stop entry order get hit and then retrace dramatically or even just reverse so now I make sure they are clearing old s/r, hi/lo, etc.

edit (13:55 cdt) - got out early on the $/Y as the candle bodies were getting smaller & smaller, +23 pips. TheEur/gbp buy stop was never hit after 3 hrs, I closed it.

Hello 211

I notice you are still active in FF

Just wonder you are still trading this method or not?

If you can come back and post more charts, it would be great to see your thread re-active

Cheers

For this strategy I only look at 8 prs, ones most likely to have good volume during the NY session. Consequently I don't see a lot of possibilities but it is a good strat. And I too wish this thread was more active even for trades during other sessions. p

what are the 8 pairs?

E/$, lb/$, $/Y, $/C, swissy,, A/$, E/lb, & E/Y

I went long the gbp/usd this morning at 07:17 cdt/US; it is the start of the next 4 hour segment. Entry @ 1.1635?SL=1.6088/TP=1.6191, a slightly better than 1:1 RR (but not much.) The pr is not moving very much and price action is pretty much over until the Asian, which ain't that great either. Good trading all. p.

Dear Mr Andrew
I am very new in forex
I wanted to try your system, but I can not find the indicator you are using on google and forums.
Are you willing to explain it to me?
I am currently using a stochastic, Bollinger and mfi. Since yesterday 16/10/12 at TF 4 hour candle 3rd, the euro is over-buy, but why is the euro still up?
I've followed your advice to not follow the news, and follow the indicators. But now I am confused what to believe.
I am very grateful if you would give me an explanation.
Email me [email protected]
Thank you very much

Hey everyone!!! WOW, it's been a long long time since I have visited this thread! To be honest, I'm quite surprised anyone is using it....I thought it died out a long time ago so I stopped keeping up with it. For those of you still using this method, how is it working for you???

Just a little update about me...I have adjusted things and no longer use the 4hr method. In fact, I use a combination of the 15min chart and 1hr chart for trades and look for approximately 50pips per trade. Some of the basics in this new method are still the same(I use Price action, chart patterns and a few moving averages) and I use a Stochastics indicator instead of a macd now.

When I get a little bit of free time, I'll try to post some charts on here and explain things. Probably this weekend at some point. Cheers!

P.S. If you are using the 4hr method and it's profitable for you...GREAT! Glad it has helped.