HGI - Page 118

willtrader · Post by **willtrader** » Thu Jan 15, 2015 11:54 am

Hello you all,

I have been reading this forum for some weeks now and as many have said before. It's mind blowing :!!:

Nanningbob, Steve, Ellixe, Milanese, Baluda and anyone not mentioned, thank you very much for all your work and sharing of your knowledge. Almost blew my first account, now trading only on the signals trying to recover.

Now the CHF has made such a big move, all the charts with this currency are almost unreadable in Empty4. Because the history has become a flat line. Any suggestions on how to deal with this?

Thank you and keep up the good work.

Again many thanks

Bubbahotep · Post by **Bubbahotep** » Thu Jan 15, 2015 12:14 pm

A huge thank you to Bob and everybody else involved in developing, testing and reporting on this amazing project.

I have started a thread on M1 trading with HGI in the HGI forum if anyone should be interested. I know this is developed for higher timeframes, but it would be interesting to see if HGI could be used on the lowest timeframes as well.

http://www.stevehopwoodforex.com/phpBB3 ... =88&t=4051

Thank you everybody and happy trading

Post by **nanningbob** » Thu Jan 15, 2015 1:51 pm

Looks like the SNB is thinking worst case scenario for the euro. I wouldn't be buying the euro anytime soon. Look for sells, thinking parity with the dollar could happen this year. Copper price collapse in Asia probably means China's economy is doing worse than publicized. Saudi's trying to squeeze USA oil production. JPY doubling down on yen, hmmmm going to be a wild year.

Post by **nanningbob** » Thu Jan 15, 2015 1:54 pm

Always remember Strong or surprise fundamentals always trump any indicator.

piter44 · Post by **piter44** » Thu Jan 15, 2015 2:18 pm

Guys this indicator is a masterpiece, best jewel I have ever met! Thank you!

I track signals starting from version 14.02, I even created dedicated mailbox for them and starting from 07.01 I trade on demo and pick up only strong signals. Currently I'm +800 pips and next week I'll start with my live account.

btw. as I use an email account to store all signals (daily and h4) is it possible to add price to email alert? because later I rewrite it to excel sheet and when signal appears when I'm not at a keyboard I have to check every chart. This information would speed up my analysis.

I also noticed that when signal appears it is good to check 30min chart and draw diagonal lines and I use SL, currently it is set at top and bottom of the big arrow.

HannesJoubert · Post by **HannesJoubert** » Thu Jan 15, 2015 2:25 pm

nanningbob » Thu Jan 15, 2015 3:51 pm wrote:Looks like the SNB is thinking worst case scenario for the euro. I wouldn't be buying the euro anytime soon. Look for sells, thinking parity with the dollar could happen this year. Copper price collapse in Asia probably means China's economy is doing worse than publicized. Saudi's trying to squeeze USA oil production. JPY doubling down on yen, hmmmm going to be a wild year.

Hi there Bob, thanks for the succinct summary, given that the Euro is potentially going into a weakening cycle, and the JPY is what it is, what do we expect of EJ? Would it remain tradeable? To date the successes that I have had have been with EJ...would be a bummer if that changed. EU short is the order of the day...

Thanks

Hannes

Post by **nanningbob** » Thu Jan 15, 2015 2:35 pm

HannesJoubert » Thu Jan 15, 2015 9:25 am wrote:
nanningbob » Thu Jan 15, 2015 3:51 pm wrote:Looks like the SNB is thinking worst case scenario for the euro. I wouldn't be buying the euro anytime soon. Look for sells, thinking parity with the dollar could happen this year. Copper price collapse in Asia probably means China's economy is doing worse than publicized. Saudi's trying to squeeze USA oil production. JPY doubling down on yen, hmmmm going to be a wild year.
Hi there Bob, thanks for the succinct summary, given that the Euro is potentially going into a weakening cycle, and the JPY is what it is, what do we expect of EJ? Would it remain tradeable? To date the successes that I have had have been with EJ...would be a bummer if that changed. EU short is the order of the day...

Thanks

Hannes

I wouldnt touch that thing with a 10 foot pole. I have no idea which currency will go weaker this year so I would expect a lot of ranging and jumping around in that range

Post by **nanningbob** » Thu Jan 15, 2015 2:39 pm

SNB has been buying EUROs for 3 years and have a lot to unload. They wont be selling all of it but definitely want to get rid of some. I am sure someone is kicking someone for not selling at 1.39.

Post by **fx800** » Thu Jan 15, 2015 3:59 pm

Wow,this is a fundamental change in policy of seismic proportions. People are dumping euros by the truck loads. This can run for days.

The flood gates are now open. Just look at all the euro crosses, they are all down.

Some caution of course if you are thinking of going short. Build your positions bit by bit if things go your way.

Nothing is for sure in forex. Just go with the flow.

celte83 · Post by **celte83** » Thu Jan 15, 2015 4:24 pm

Hi all,
Manually, D1, since 18 décembre 2014, FXCM demo. No XXXCHF
High-water mark = 2800 pips