GBP wins, CHF stays down.nanningbob wrote:GBP news story on its economy today. Bad news and it could drop significantly; good news and it could jump. Interesting to see what happens with gbp/chf after this weeks forced runup. GBP has been hugging 240 line lately so direction could go either way but the bias is up. I am going to play the gbp/chf for a drop and SNB placing itself for a big profit day. If I am right, and I very seldom am with CHF, maybe one time I have figured out SNB game, at least this one time. Eur/chf and Gbp/chf will drop as they try to profit from their positions. If I am wrong they are committing unbelievable funds to keep their currency from appreciating and will be way over extended.
I don't think people will like the DD, 15%-20% with higher spikes sometimes.cjthomson wrote:Thats amazing - you should write a booklet about the nuances of how you are trading this system because whatever you're doing its getting some awesome results. I've been trying to do what you said in your explanation a couple days back but I keep getting slapped. Over 90% success ratio - amazing.Gertje wrote:It's moving along, NZD has been kind to me today.
This week's trading till now;
Trades Total: 49
Trades Won: 46
Trades Lost: 3
Max Profit: 160 pips
Max Loss: -18 pips
Avg Profit: 29 pips
Avg Loss: -11 pips
Totall pips: 1302.1
Well, luckily not that much, I'm trading $0,01 a pip on a $200,- account.sponn wrote:I believe that Gertje is not using BE function (when level of trades is >1). So when he has got 2-3 levels he will get full win (hit tp) or full loss (all trades hit ma240 - mean losing around 5-10% of balance). Am I right ?
Wow, let me guess........... "bad tick"?tommiho wrote:Little bit of topic but have you ever seen this?
That tick was very bad and it cost me. AL SL hit.(to be precise SL + 480 pips) They better do reinstall them or that was my last trade with them. First thing what has crossed my mind were Bob`s words about NBS and I told my self o crap they got us all.Gertje wrote:Wow, let me guess........... "bad tick"?tommiho wrote:Little bit of topic but have you ever seen this?
Wonder if the broker will re-install your orders when you were stoped out somewhere down below...
I spent 3 hours playing with Baluda's udated indi. Still has a bug or two but we will be adding a clear cut dump the trade and pendings. When you see this in the indi you know to just get out. The indi will also help you hold your pendings until a better moment before you set them . I will also be able to trade around the 240 line where RSI 2 readings can be wrong. The indi will keep you out of the trades. Some of you will also be able to CT trade with the new updated indi. AO is out and a specialized CSS will take its place. The difference is when price is going back to zero slope both currency lines will clearly reflect this and give you hours to plan your exit.Gertje wrote:Well, luckily not that much, I'm trading $0,01 a pip on a $200,- account.sponn wrote:I believe that Gertje is not using BE function (when level of trades is >1). So when he has got 2-3 levels he will get full win (hit tp) or full loss (all trades hit ma240 - mean losing around 5-10% of balance). Am I right ?
I trade without SL, and if I trust the PA will return in my favour, I will let the trades run. Even add to them when PA has turned around so I can get out with at BE++ on the retrace.
I am not happy with the DD, am looking into what decision of me caused this or if it was market behaviour. Nearly all the DD is connected to the CHF at the moment. When the CHF will retrace [not IF], I'll be a happy man....