AUD/JPY Trade Results Since August 2011 Continued...
Alexander Elder's Channel 4 replies
Elder-Rays 3 replies
Substitute for screen time? 4 replies
Disliked9 Pairs Since August 2011 utilizing this strategy has gained 81,478 Pips! All confirmed and verified!Ignored
Dislikedboth gbpusd and eurusd are showing long on the daily. so no more shorts. waiting for wiiliams 1 hr to show oversold before buying. 100pips your results are on demo account , right ?Ignored
DislikedI would have to say in order from BEST to WORST it would have to be: 1) EUR/AUD 2) AUD/JPY 3) GBP/AUD 4) EUR/CAD 5) CAD/JPY 6) NZD/JPY 7) EUR/JPY 8) EUR/USD 9) AUD/NZD 10) NZD/USD 11) AUD/USD 12) GBP/USD Each pair has its own pros and cons but this is my order of preference from favorite (top) to least favorite (bottom) pairs to trade. Obviously there are worse pairs but I don't trade them so they are not listed.Ignored
Disliked10 Pairs (including AUD/JPY now) Since August 2011 has gained 96,874 Pips!Ignored
DislikedI have just added NZD/JPY statistics so 11 Pairs gained a total of 104,943 Pips in about a year and a half... Ok, done posting statistics. Just confirmed and verified over 100,000 pips since August 2011 utilizing this exact same strategy. If anybody has any questions feel free to ask.Ignored
DislikedI think that's more then plenty of pairs to monitor. If you would, can you place a downtrend, uptrend or flat besides those pairs? Maybe we can do this once a week or as they change. This way we can all be on the same page and it will help everyone to recognize trends as they grow as traders. What do you think?Ignored
Dislikedboth gbpusd and eurusd are showing long on the daily. so no more shorts. waiting for wiiliams 1 hr to show oversold before buying. 100pips your results are on demo account , right ?Ignored
DislikedThis is true but going long on EUR/USD and GBP/USD is actually a counter trend trade if you look at the Weekly charts. However, the choice is yours and I wish you the best either wayIgnored
Dislikedsure. but we are going with the daily and 1hr according to the third screen strategy ?Ignored
DislikedI think that's more then plenty of pairs to monitor. If you would, can you place a downtrend, uptrend or flat besides those pairs? Maybe we can do this once a week or as they change. This way we can all be on the same page and it will help everyone to recognize trends as they grow as traders. What do you think?Ignored
DislikedHey MKFXTrader! I think this is a good idea but please explain a little more in detail what you are asking. If I understand you correctly you would like us to post a weekly bias for each pair that we're monitoring and trading? If so, the only problem I can think of would be that I am using a 260 SL and 320 TP so if others get stopped out I may still have open trades. Basically none of us are ever going to be exactly on the same page when it comes to current open positions? For example: As WhatFx just pointed out EUR/USD is now showing "bullish"...Ignored
DislikedI was thinking that those pairs you have listed should be the pairs maybe the thread should focus on. Also based on the third screen strategy of weekly/daily/hourly, beside the pairs you listed, list what the current trend of each pair on that list. Does that make sense? I'm sure not everyone will follow it to a tee, but if we are following it based on the rules, we should all be on the same page. List it as either uptrend, downtrend or flat. Hope that makes sense.Ignored
DislikedOk cool! What I'll do is take the list and then put Up, Flat, or Down depending on charts and current open positions. See, even if GBP/USD has just crossed over to the upside I will put down if I have open sell positions still floating. Once they are closed then I will reassess and post directional bias here. What do you think? Current Weekly Bias EUR/USD: Down EUR/CAD: Down AUD/NZD: Down NZD/USD: Flat AUD/USD: Flat EUR/AUD: Down GBP/AUD: Down GBP/USD: Down CAD/JPY: Up AUD/JPY: Up NZD/JPY: UpIgnored
DislikedSomething like that although if for instance the daily does not match up with the weekly like G/U, I would put flat. What do you think? Only put uptrend, downtrend if both the weekly and daily matches. If it doesn't then put flat. We can update as the they change. However you think is best. It's just a suggestion.Ignored
DislikedThat's a great idea! What I'll do is put direction for each of the following but keep them separate. Then anybody can decide what they want to do after that with any particular pair. GBP/USD Weekly - Down Daily - Up Current Open Position - Sell Overall Bias - Flat I'm totally open for input if you have some suggestions! Let me know MKFX, or anybody else for that matterIgnored