nanningbob wrote:nzd/jpy and nzd/usd are my two choices for today. My gamble trade is the gbp/usd. 22 pip SL 40 pips to the next line. Other than that, the question is whether or not EURO will drop like a rock or do nothing.
Yup, I am in both of these currently, we'll see where is goes
So what do you think guys. Which one is easier to trade and follow. HMMMMM
Your analysis is much clearer Bob! That is why I like it so much. KISS is great!
Absolutely!
Bob, I find your 10.4 v5, both 4H and 1H, fits my style and temperament! I'm also busy all day so the time frames, rules and MM suite me right down to the ground.
Your clear and common sense analysis is spot on!!
I pick up most of my stories from FF or some of the letters I subscribe too. My favorite is John Maudin. He wrote a book called "End of the Debt Supercycle" I think this book is a must for anyone dealing in financial markets. At least you will have a basic idea of the big picture from his book.
nanningbob wrote:nzd/jpy and nzd/usd are my two choices for today. My gamble trade is the gbp/usd. 22 pip SL 40 pips to the next line. Other than that, the question is whether or not EURO will drop like a rock or do nothing.
Hi Bob,
GBP/USD should be a good example to explain how you trade touches or bounces on 240MA. I have no a clear notion about the best way of dealing with these situations. I think the first touch could be a great oportunity with high risk reward, but when there is too much activity around de MA (as in the present time) i feel lost, and i prefer to stay out. Do you think is too crazy send pendings in both directions?
nanningbob wrote:nzd/jpy and nzd/usd are my two choices for today. My gamble trade is the gbp/usd. 22 pip SL 40 pips to the next line. Other than that, the question is whether or not EURO will drop like a rock or do nothing.
Hi Bob,
GBP/USD should be a good example to explain how you trade touches or bounces on 240MA. I have no a clear notion about the best way of dealing with these situations. I think the first touch could be a great oportunity with high risk reward, but when there is too much activity around de MA (as in the present time) i feel lost, and i prefer to stay out. Do you think is too crazy send pendings in both directions?
You don't have to be in a trade...!
If your not sure, sit out until you are....
the last thing you want to do is try and make a trade up.....
All trades taken off with approx 300 total pips profit today. Still waiting on G/U with a very tight stoploss. Got in E/J short and looking at G/J, ( The Hellevator ). Thinking short with tight stop. Anyone else see anything that I dont see, comments??
spillini wrote:All trades taken off with approx 300 total pips profit today. Still waiting on G/U with a very tight stoploss. Got in E/J short and looking at G/J, ( The Hellevator ). Thinking short with tight stop. Anyone else see anything that I dont see, comments??
Jim
Can you post your closed trades from today? I'm only in AUDCAD, AUDJPY, and AUDNZD, all pretty stagnant. Didn't have anything that took off, but think I scaled back on trades after whopper Monday.
Sure, How do I do it without giving away my account numbers?
Foreverforex wrote:
spillini wrote:All trades taken off with approx 300 total pips profit today. Still waiting on G/U with a very tight stoploss. Got in E/J short and looking at G/J, ( The Hellevator ). Thinking short with tight stop. Anyone else see anything that I dont see, comments??
Jim
Can you post your closed trades from today? I'm only in AUDCAD, AUDJPY, and AUDNZD, all pretty stagnant. Didn't have anything that took off, but think I scaled back on trades after whopper Monday.
Sure
Buy .03 A/J @ 98.38 Pulled at 99.16 +78
Buy .03 N/J @ 78.52 Pulled at 79.30 + 78
Buy .03 CA/J @ 92.07 Pulled at 93.01 + 94
Buy .003 N/U @ .8353 Pulled at .8386 + 33
283 pips
Foreverforex wrote:
spillini wrote:All trades taken off with approx 300 total pips profit today. Still waiting on G/U with a very tight stoploss. Got in E/J short and looking at G/J, ( The Hellevator ). Thinking short with tight stop. Anyone else see anything that I dont see, comments??
Jim
Can you post your closed trades from today? I'm only in AUDCAD, AUDJPY, and AUDNZD, all pretty stagnant. Didn't have anything that took off, but think I scaled back on trades after whopper Monday.
That is why I like it so much. KISS is great!
