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  • #421
  • Jan 20, 2016 5:47am Jan 20, 2016 5:47am
Quoting Borg
Hello Hurst: Do you know why there was a sudden spike up in price in GBPJPY around 4:41 EST. Over 80 pips in the 1 min bar ? Seems very strange. Is it just news related ? Borg {image}
This is the reason..

Attached Image (click to enlarge)
Click to Enlarge Name: gjunem.png Size: 12 KB
  • #422
  • Jan 20, 2016 5:50am Jan 20, 2016 5:50am
I like the challenge. I touched the target required of 1060. Let's see if it pays

ps: very small DrawDown lol, only -4% allowed
Attached Image (click to enlarge)
Click to Enlarge Name: challenge.PNG Size: 25 KB
"Success is not a fantasy, is a formula." - MTI Institute
  • #423
  • Jan 20, 2016 6:10am Jan 20, 2016 6:10am
Quoting Laurentziu2
I like the challenge. I touched the target required of 1060. Let's see if it pays ps: very small DrawDown lol, only -4% allowed {image}

How many trades total have u made to get to 1060?
  • #424
  • Jan 20, 2016 7:20am Jan 20, 2016 7:20am
Quoting Hurst
I am considering shorting the GBPJPY at 11am BWT and holding the trade for at least 165 minutes targeting the last low stop 165.65 target 163.85
Hello,

Are you using Transient zone for your trading?

Green pips to you,
Bottomless wonders spring from simple rules, which are repeated without end
  • #425
  • Jan 20, 2016 8:06am Jan 20, 2016 8:06am
Quoting Laurentziu2
I like the challenge. I touched the target required of 1060. Let's see if it pays ps: very small DrawDown lol, only -4% allowed {image}
So obviously its not fake, thanks for taking part and don't be skeptical, some people might not move at the speed you would like.
  • #426
  • Jan 20, 2016 8:07am Jan 20, 2016 8:07am
Quoting limprobable
{quote} Hello, Are you using Transient zone for your trading? Green pips to you,
Never heard of it, is it any good?
  • #427
  • Jan 20, 2016 8:11am Jan 20, 2016 8:11am
Quoting Hurst
I am considering shorting the GBPJPY at 11am BWT and holding the trade for at least 165 minutes targeting the last low stop 165.65 target 163.85
Hurst, did SL hit your trade on GBPJPY ?
  • #429
  • Jan 20, 2016 8:16am Jan 20, 2016 8:16am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_19th_could_this_be_the_low.png Size: 75 KB


The GBPJPY made quite a U turn off that low which is fairly close to the ideal levels I called on my monthly analysis, in about 30 mins it will hit the 16:30 cycle, which I an thinking could be a good one, if price shot to 166.40, I would just short at the level but only I I see a hard push.Bit wary about it running much lower though but the trend is down
  • #432
  • Jan 20, 2016 8:22am Jan 20, 2016 8:22am
Quoting Kubiasty
{quote} Hurst, did SL hit your trade on GBPJPY ?
At 11 price was moving down, if I am selling I want price to move up into the cycle.If I am buying price needs to be moving down. I was considering it, but price indicated that it was moving in the wrong direction, the cycle came in exactly on time, except it was an up cycle not down
  • #433
  • Jan 20, 2016 8:24am Jan 20, 2016 8:24am
Quoting mann7
Hidden

One trade does not mean anything, you only started yesterday.
  • #435
  • Jan 20, 2016 8:28am Jan 20, 2016 8:28am
Quoting Hurst
{quote} At 11 price was moving down, if I am selling I want price to move up into the cycle.If I am buying price needs to be moving down. I was considering it, but price indicated that it was moving in the wrong direction, the cycle came in exactly on time, except it was an up cycle not down
So did you triggered sell there or not ?
  • #436
  • Jan 20, 2016 8:41am Jan 20, 2016 8:41am
Quoting Kubiasty
{quote} So did you triggered sell there or not ?

No I did not sell as the market was moving down into the trade time, I did sell now though as the GBPJPY moved up into my trade time
  • #437
  • Jan 20, 2016 8:41am Jan 20, 2016 8:41am
Quoting mann7
Hidden
Then it would be nice to see a back test
  • #438
  • Jan 20, 2016 8:43am Jan 20, 2016 8:43am
Quoting Hurst
{image} The GBPJPY .... I called on my monthly analysis, in about 30 mins it will hit the 16:30 cycle....
can you explain how do you calculate timing?
where is starting point for calculation?

thx
Forex can only be understood backwards, but it must be traded forwards.
  • #439
  • Jan 20, 2016 8:44am Jan 20, 2016 8:44am
Quoting Hurst
{quote} No I did not sell as the market was moving down into the trade time, I did sell now though as the GBPJPY moved up into my trade time
So where is your TP and SL ? on GJ ?
  • #440
  • Jan 20, 2016 8:53am Jan 20, 2016 8:53am
Stop 166

Entry 165.65

Target 164
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