10.2a Oct. 2012 Edition

[nanningbob]

You are welcome. I am getting a new internet connection at my house so I get to sit until I get back at school in 12 hours. good luck

[russ1978]

Note re the swap i open a islam account ie no swap

Russ

Look at the weekly EURAUD. There is soooo much room for upside. If anyone catches a long I'd look to hold it if you can have a longer TF strategy which will tell you when to close. Only problem is the damn swap!!

Jeremy

The way to solve the swap problem is to use low leverage. The lower the leverage, the less you are borrowing, the less you pay in interest. I am thinking of adding more funds to my account and going 10 or 20:1 on all pairs so swap becomes a total non issue.

[nanningbob]

My 2nd entrance hit yesterday. I took 60% profit at the S2 and brought my SL up to +10. I also moved my previous SL to behind the S1 line. Will look for a place to enter my 3rd set up in the future. Then I will have played my 3 lot positions and will have 2- 40% to see if it runs. See how it goes. Anyway you can see live how I am trying to do it.

[nanningbob]

OK added my 3rd position. CHF is looking good. After the SWISS bank kept going all in on the EURO it will make a killing now that the euro is going up. If they ever sell off though BIG BANG. Anyway CHF is going up in value and gbp is going down. Have my third position ready for tonights session. Notice the bottom chart with the blue separating from the red. Looks like a good ride to me.

[basist13]

OK added my 3rd position. CHF is looking good. After the SWISS bank kept going all in on the EURO it will make a killing now that the euro is going up. If they ever sell off though BIG BANG. Anyway CHF is going up in value and gbp is going down. Have my third position ready for tonights session. Notice the bottom chart with the blue separating from the red. Looks like a good ride to me.

Hi Bob,

what kind of setting for NT TMA CSS indicator have you got? ATR 40 TMA 40?

Thank you and best regards,Basist

[nanningbob]

OK added my 3rd position. CHF is looking good. After the SWISS bank kept going all in on the EURO it will make a killing now that the euro is going up. If they ever sell off though BIG BANG. Anyway CHF is going up in value and gbp is going down. Have my third position ready for tonights session. Notice the bottom chart with the blue separating from the red. Looks like a good ride to me.

Hi Bob,

what kind of setting for NT TMA CSS indicator have you got? ATR 40 TMA 40?

Thank you and best regards,Basist

Yes I am experimenting with that now. 20/20 is just too choppy for me, it really is not giving me much of a stay in signal that the original TMA slope did. Doesnt mean it is better at this point but I like the feel of it better especially on the 1H chart.

[nanningbob]

gbp/chf retraced so all positions are closed. I have a reentry point if it drops tonight but if it doesn't I will close all my pending on that pair for the week. With the splits it totaled 153 pips total. The difference between the weeks high and low was 198 pips. So using multiple entries and exits I got about 75% of the move. Still more could come but I think that is cool. I basically ran 3 trades on that pair for the week. Early in the week I caught a move and then reenter with two positions later in the week.

[gustav213]

Markets open in a few hours, everyone get excited this week should at least move a bit. I am sick of these ranging markets.

[Jemook]

I have a feeling it's going to be a good week! Ready up the cannons.

[gustav213]

10-22-2012 12-14-09 AM.png

I know the TMA is not in agreement with a long order but I have to say I feel like it is worth a buy. We have all pivot levels agreeing and with the news regarding the new leverage system to get Greece out of debt we might be inclined for a rise in the EUR