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The sacred edge 2.0

  • #61
  • Jul 22, 2015 11:56am Jul 22, 2015 11:56am
Quoting vlady1974
{quote} Agreed. I've got 20291 on 15M {image}
Great call
  • #62
  • Jul 22, 2015 12:02pm Jul 22, 2015 12:02pm
Quoting ephisi
{quote} Great call
I would prefer if it closed outside the Bollinger Band on the 15M

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD-15M.JPG Size: 165 KB


The 1H is a bit more foreboding. Mean reversion has started so I expect this to go back to short term mean (EMA20 which is BB Mid on my charts).
So it fits in nicely with Asia Session overnight. Hopefully we'll get 8 hours of reversion and we'll see a new swing bottom to Long from.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD-1H.JPG Size: 169 KB
A pip is only worth it if you know how much you risked to earn it
  • #63
  • Jul 22, 2015 1:24pm Jul 22, 2015 1:24pm
Quoting vlady1974
{quote} I would prefer if it closed outside the Bollinger Band on the 15M {image} The 1H is a bit more foreboding. Mean reversion has started so I expect this to go back to short term mean (EMA20 which is BB Mid on my charts). So it fits in nicely with Asia Session overnight. Hopefully we'll get 8 hours of reversion and we'll see a new swing bottom to Long from. {image}
Hopefully, but I think retracement is done now. Yesterday's move stopped at 89. Today similarly stopped at 87 so far.
  • #64
  • Jul 22, 2015 10:22pm Jul 22, 2015 10:22pm
Quoting ephisi
Retracement on gbp cad should be over anywhere above 2.0300. We should make new highs tomorrow provided no news comes to divert current bias
Played out according to my expectation. Hoping for upbeat GBP retail sales data to set us into new highs. Also looking for optimal entry for NZDUSD shorts.
  • #65
  • Jul 23, 2015 2:39am Jul 23, 2015 2:39am
Quoting ephisi
{quote} Played out according to my expectation. Hoping for upbeat GBP retail sales data to set us into new highs. Also looking for optimal entry for NZDUSD shorts.
Watching NZDUSD closely and patiently for usd strength. Short nzduzd on usd picking up strength
  • #66
  • Jul 23, 2015 3:18am Jul 23, 2015 3:18am
Quoting ephisi
{quote} Also looking for optimal entry for NZDUSD shorts.
Quoting ephisi
{quote} Watching NZDUSD closely and patiently for usd strength. Short nzduzd on usd picking up strength
........
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30.png Size: 19 KB
  • #67
  • Jul 23, 2015 3:29am Jul 23, 2015 3:29am
<p>
Quoting LITEchild
{quote} {quote} <img src="http://assets.forexfactory.net/images/smilies/yim/donotknow.gif" border="0" alt="" title="I Don't Know" smilieid="92" class="inlineimg" />........ <img src="http://assets.forexfactory.net/images/smilies/yim/thinking.gif" border="0" alt="" title="Thinking" smilieid="87" class="inlineimg" /> {image}
</p


Whats your opinion litechild
  • #68
  • Jul 23, 2015 3:36am Jul 23, 2015 3:36am
GBP retail sales spoils the party. Some other time it will favour me
  • #69
  • Jul 23, 2015 3:39am Jul 23, 2015 3:39am
Quoting LITEchild
{quote} {quote} ........ {image}
Oh I see youre loaded longs. Im waiting for exaustion to short
  • #70
  • Jul 23, 2015 3:41am Jul 23, 2015 3:41am
Quoting ephisi
GBP retail sales spoils the party. Some other time it will favour me
Just imagine how many hundred pips gbpcad would have spiked up on upbeat retail data.
  • #71
  • Jul 23, 2015 4:10am Jul 23, 2015 4:10am
Quoting ephisi
{quote} Oh I see youre loaded longs. Im waiting for exaustion to short
  • #72
  • Jul 23, 2015 4:31am Jul 23, 2015 4:31am
Quoting LITEchild
{quote}
In quietly at 87. I will move stop to BE just incase it wants to go higher. It may want to clear 0.6770
  • #73
  • Jul 23, 2015 4:44am Jul 23, 2015 4:44am
Quoting ephisi
{quote} In quietly at 87. I will move stop to BE just incase it wants to go higher. It may want to clear 0.6770
Moved stop to 86. Looking to short higher if stopped out
  • #74
  • Jul 23, 2015 4:49am Jul 23, 2015 4:49am
If my stops hold then I will be relying on us unemployment claims to do the dirty job and cad data also to get gbpcad a lil higher. Edit. Failure of 0.6700 to hold will unlock 0.6770
  • #75
  • Jul 23, 2015 7:41am Jul 23, 2015 7:41am
Reentered NZDUSD at 79 on failure to break higher. This is why I dont pair attention to news as I said earlier. The only nees I pay attention to is interest rates,policy statements/conferences. Geopolitics. NFP or labour data spikes or dips are usually completely reversed in a short time.

Price is news. News is price. Gbpcad is heavily defended around 2.0200 levels. Look at that rejection.
  • #76
  • Jul 23, 2015 10:18pm Jul 23, 2015 10:18pm
Quoting ephisi
Reentered NZDUSD at 79 on failure to break higher. This is why I dont pair attention to news as I said earlier. The only nees I pay attention to is interest rates,policy statements/conferences. Geopolitics. NFP or labour data spikes or dips are usually completely reversed in a short time. Price is news. News is price. Gbpcad is heavily defended around 2.0200 levels. Look at that rejection.
Up +115 on nzduzd. Im impressed with the application of my new wholistic concept. I see great potential. Now I want nzdusd to trend to milk this trade. I was stopped out on gbccad. Dont care about that. My aim is massive pip trades. Waiting for gbpcad to dip further for better entry . I expect new highs on gbpcad. Wish I had taken gbpaud
  • #77
  • Jul 24, 2015 6:37am Jul 24, 2015 6:37am
Quoting ephisi
{quote} Up +115 on nzduzd. Im impressed with the application of my new wholistic concept. I see great potential. Now I want nzdusd to trend to milk this trade. I was stopped out on gbccad. Dont care about that. My aim is massive pip trades. Waiting for gbpcad to dip further for better entry . I expect new highs on gbpcad. Wish I had taken gbpaud
Dont wanna make the. Same mistake I made yesterday on gbpcad .I see a possibility of a big move on nzdusd up or down. Moved stop to 0.6585. Looking for long gbpcad long for next weeks move
  • #78
  • Jul 24, 2015 7:18am Jul 24, 2015 7:18am
Quoting ephisi
{quote} Dont wanna make the. Same mistake I made yesterday on gbpcad .I see a possibility of a big move on nzdusd up or down. Moved stop to 0.6585. Looking for long gbpcad long for next weeks move
4Cloeed for 111pips. Nzdusd may spike up. Will wait for a break to the downside or a pullback to the upside for my next signal.Eyes on gbpcad now
  • #79
  • Jul 24, 2015 7:21am Jul 24, 2015 7:21am
Quoting LITEchild
{quote}
Hey LC we were both right. You longed at good levels based on your signal. I short at good levels based on my signal. We both make profit. Lol
  • #80
  • Jul 24, 2015 7:43am Jul 24, 2015 7:43am
Both trades taken so far after tweaking the sacred edge 2.0 last week. My aim of large pip gains Is being achieved. Same demo trades taken on live account
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-07-24_13.36.15.jpg Size: 84 KB
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