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Simple Money Making Method

  • #1,721
  • Oct 31, 2012 4:42pm Oct 31, 2012 4:42pm
Quoting fx light
sorry here is the chart
thanks for that, nice trade indeed!!
  • #1,722
  • Oct 31, 2012 5:29pm Oct 31, 2012 5:29pm
Quoting well0143
thanks for that, nice trade indeed!!
yea this great system requires a lot of patience. thanks to fx pro

the hand of the diligent shall bear rule
i am the lord that giveth thee power to create wealth.
  • #1,723
  • Oct 31, 2012 5:42pm Oct 31, 2012 5:42pm
Waiting for confirmation on EU. Need a clear bounce to go long. My volume and momentum signals are looking further south.That is why one must take consideration of time trading.Once Asia gets going starting from 8pm we will know.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 21 KB
In trading, you have to be defensive and aggressive at the same time
  • #1,724
  • Oct 31, 2012 5:54pm Oct 31, 2012 5:54pm
Quoting Davit
Waiting for confirmation on EU. Need a clear bounce to go long. My volume and momentum signals are looking further south.That is why one must take consideration of time trading.Once Asia gets going starting from 8pm we will know.
am with you bro. looking long waiting for that trigger for EU. though no SOLID setup on aus/usd in a while now.
i am the lord that giveth thee power to create wealth.
  • #1,725
  • Oct 31, 2012 5:59pm Oct 31, 2012 5:59pm
Quoting fx light
am with you bro. looking long waiting for that trigger for EU. though no SOLID setup on aus/usd in a while now.
looking 3 pairs tonight
EU GU AU
Key is EU if EU moves say 1.30 very probable we will see 10040 AU and 6170+GU
So I am hands off shorts depending on Euro behavior.
In trading, you have to be defensive and aggressive at the same time
  • #1,726
  • Oct 31, 2012 5:59pm Oct 31, 2012 5:59pm
This is a daily chart of the USD. Disregard all of the indicators, I just wanted to show that the EURUSD has broken through a trendline on the daily chart(to the downside) and come back up and retested it. Just wanted everyone to be cautious...especially if you're thinking of going long
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.jpg Size: 275 KB
  • #1,727
  • Oct 31, 2012 6:15pm Oct 31, 2012 6:15pm
Quoting syracuse4x
This is a daily chart of the USD. Disregard all of the indicators, I just wanted to show that the EURUSD has broken through a trendline on the daily chart(to the downside) and come back up and retested it. Just wanted everyone to be cautious...especially if you're thinking of going long
Please stay within System parameters otherwise things get confusing.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #1,728
  • Oct 31, 2012 6:26pm Oct 31, 2012 6:26pm
I am changing my charts to reflect FX-Pro updated system.I don't want any confusion.
Still waiting for confirmation.If you draw a horizontal line top of 8EMA is at 2968 so PA must be clear of top EMA to be legit trade.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 25 KB
In trading, you have to be defensive and aggressive at the same time
  • #1,729
  • Oct 31, 2012 6:31pm Oct 31, 2012 6:31pm
Today marks the beginning of a new trading month. wishing everyone green pips like Fx pro would say. davit how long do you think we'll have to wait before the trigger?
i am the lord that giveth thee power to create wealth.
  • #1,730
  • Oct 31, 2012 6:42pm Oct 31, 2012 6:42pm
Davit,

No worries. Didn't mean to confuse or disrupt. Won't happen again
  • #1,731
  • Oct 31, 2012 6:48pm Oct 31, 2012 6:48pm
looks like a setup on usdjpy h1 but am waiting for EU.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy h1.gif Size: 21 KB
i am the lord that giveth thee power to create wealth.
  • #1,732
  • Oct 31, 2012 6:59pm Oct 31, 2012 6:59pm
Quoting fx light
Today marks the beginning of a new trading month. wishing everyone green pips like Fx pro would say. davit how long do you think we'll have to wait before the trigger?
above channel 2968 to avoid whipsaw and to comply the system rules.Its on my post with the chart
In trading, you have to be defensive and aggressive at the same time
  • #1,733
  • Oct 31, 2012 7:03pm Oct 31, 2012 7:03pm
Quoting Davit
looking 3 pairs tonight
EU GU AU
Key is EU if EU moves say 1.30 very probable we will see 10040 AU and 6170+GU
So I am hands off shorts depending on Euro behavior.
i am also watching with you guys now, any other pairs you also looking at
  • #1,734
  • Oct 31, 2012 7:04pm Oct 31, 2012 7:04pm
Quoting Davit
Please stay within System parameters otherwise things get confusing.
Regards
cheers for that i find it over complicating when we start looking at trends with out using this system no offence^^ i know you mean best intentions
  • #1,735
  • Oct 31, 2012 7:08pm Oct 31, 2012 7:08pm
Quoting Davit
above channel 2968 to avoid whipsaw and to comply the system rules.Its on my post with the chart
could be could be, getting close, entry looking around 2968 above the PAC as you said davit
Attached Image (click to enlarge)
Click to Enlarge Name: eurous.gif Size: 16 KB
  • #1,736
  • Oct 31, 2012 7:09pm Oct 31, 2012 7:09pm
Quoting syracuse4x
Davit,

No worries. Didn't mean to confuse or disrupt. Won't happen again
thank you,
  • #1,737
  • Oct 31, 2012 8:03pm Oct 31, 2012 8:03pm
System has a nice filter the Pac. Notice it avoided us premature entry.
PA bounces off 62-66 but did not break upper channel.
Think how much money you just saved by not entering a losing trade.

Want to add less pairs you trade more you understand its behavior and better you understand the market.
I trade 4 pairs only
EU GU AU UC
That's it. I got 1 Asian pair. 1 North American and 2 European. It covers the globe!
Please don't ask me about any other pairs because I don't even look at them.
In trading, you have to be defensive and aggressive at the same time
  • #1,738
  • Oct 31, 2012 8:09pm Oct 31, 2012 8:09pm
Quoting Davit
System has a nice filter the Pac. Notice it avoided us premature entry.
PA bounces off 62-66 but did not break upper channel.
Think how much money you just saved by not entering a losing trade.
interesting isn't, i was sitting there with my fingers on the button and if any greed or premature trading and i would of been feeling very negative. Feel really good about myself by following the PAC indicator and not entering !
  • #1,739
  • Oct 31, 2012 8:38pm Oct 31, 2012 8:38pm
sudden drop of AU is caused by Import Prices q/q -2.4%
Did not short because I don't like the price yet.
In trading, you have to be defensive and aggressive at the same time
  • #1,740
  • Oct 31, 2012 9:23pm Oct 31, 2012 9:23pm
Hey Sarvana where you been? I hope everything is fine with you.
In trading, you have to be defensive and aggressive at the same time
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