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Profit All Day System

  • #521
  • Feb 4, 2011 8:46am Feb 4, 2011 8:46am
Quoting forex1962
Thats the bit that appeals to me most, live trades.
Are we looking at an EU setting up on the 5m?
Agreed, will separate the wheat from the chaff ...with you on the 5m EU.
  • #522
  • Feb 4, 2011 8:47am Feb 4, 2011 8:47am
Quoting Cubbybgood
you are talking about this entry right?

Yes, had a look. decent trade. 35 pips profit here. It did happen during some crazy movement so I'm not sure if it's the most logical trade to take but it is a valid trade though.
Not really friend im more concerned about new swing highs still forming but breaking swing lows is it ok to take or should i use the last formed swing high? im still new at picking swing high and lows so forgive me if past swing high is wrong thanks again for the great help.

Also make rules for the room sticky in the first thread.
Attached Image (click to enlarge)
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  • #523
  • Feb 4, 2011 8:47am Feb 4, 2011 8:47am
Quoting harar
Thanks Cubby for your reply. I just wanted to make sure that I was doing it correctly. Any way ,as you said, the loss is not much
Most of my losses are made up the next trade set up unless the loss is like 50+ pips.
  • #524
  • Feb 4, 2011 8:47am Feb 4, 2011 8:47am
Quoting sidefx
Agreed, will separate the wheat from the chaff ...with you on the 5m EU.
37 Stop and 16 take profit...I'm in!
  • #525
  • Feb 4, 2011 8:49am Feb 4, 2011 8:49am
Quoting forex1962
37 Stop and 16 take profit...
yup, good luck if you take it.
  • #526
  • Feb 4, 2011 8:49am Feb 4, 2011 8:49am
Quoting rare
Not really friend im more concerned about new swing highs still forming but breaking swing lows is it ok to take or should i use the last formed swing high? im still new at picking swing high and lows so forgive me if past swing high is wrong thanks again for the great help.

Also make rules for the room sticky in the first thread.
second swing no old
  • #527
  • Feb 4, 2011 8:50am Feb 4, 2011 8:50am
Everyone looking at EU right now?
I found a penny today. That's +100 pips for me.
  • #528
  • Feb 4, 2011 8:51am Feb 4, 2011 8:51am
Quoting forex1962
37 Stop and 16 take profit...I'm in!

should think about taking the 15 min trade on EU. it's a 50 pip TP
  • #529
  • Feb 4, 2011 8:51am Feb 4, 2011 8:51am
Quoting ReaM
Everyone looking at EU right now?

I'm on board.
  • #530
  • Feb 4, 2011 8:52am Feb 4, 2011 8:52am
hope you guys got in on EU 15 min!!!

fantastic set up!
  • #531
  • Feb 4, 2011 8:53am Feb 4, 2011 8:53am
Do you guys trade through news or do you stay out? Cheers.
Trade the price action, not the cash!!!
  • #532
  • Feb 4, 2011 8:55am Feb 4, 2011 8:55am
Remember, the reason this 15 min trade is so good is because my 1 hour sell trade on the EU is still intact from yesterday. This a solid 15 min trade because of the this.
  • #533
  • Feb 4, 2011 8:55am Feb 4, 2011 8:55am
Quoting Cubbybgood
second swing no old
So you only enter when the last swing high or low is 100% in place even if you have to wait the last candle to form it close i see now thanks.

Yess im in eu 15m too!!!
  • #534
  • Feb 4, 2011 8:56am Feb 4, 2011 8:56am
Quoting Scullmeister
Do you guys trade through news or do you stay out? Cheers.
I wait 15 min before news and then trade news
  • #535
  • Feb 4, 2011 8:57am Feb 4, 2011 8:57am
This one on the EU 15 is my first live trade with this system. Talk about a great first trade! Vielen Dank
  • #536
  • Feb 4, 2011 8:58am Feb 4, 2011 8:58am
Looking at the 5m EU just after entering short a new lower swing high formed, do we still stick with the original previous swing high as a stop?
  • #537
  • Feb 4, 2011 8:58am Feb 4, 2011 8:58am
Cubby,

Thanks for the signal alert...I'm in too!

Best regards,
Bob
  • #538
  • Feb 4, 2011 8:59am Feb 4, 2011 8:59am
Just so you guys know. My TP on EU for my one hour is 1.35134. This is how far I'm looking for entire movement of the EU on all time frames. After that it's anybodies game.

I will leave my 30% in after this is hit
  • #539
  • Feb 4, 2011 9:00am Feb 4, 2011 9:00am
Quoting forex1962
Looking at the 5m EU just after entering short a new lower swing high formed, do we still stick with the original previous swing high as a stop?

stick to the swing level you entered on. do not change till your 70% TP is hit
  • #540
  • Feb 4, 2011 9:01am Feb 4, 2011 9:01am
Quoting Cubbybgood
I wait 15 min before news and then trade news
Thanks, looks a good system.............
Trade the price action, not the cash!!!
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