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10.4 A Complete System
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481		 Page 44 of 745
Author:  Fourxxxx [ Thu Feb 21, 2013 7:07 am ]
Post subject:  Re: 10.4 A Complete System
linuspoon wrote:I'm setting up for CADJPY trades as it is showing a bounced off 240MA. Anyone else in this as well?

Linus
I got the same, looks like it is heading south though.
Author:  SWG123 [ Thu Feb 21, 2013 7:12 am ]
Post subject:  Re: 10.4 A Complete System
linuspoon wrote:I'm setting up for CADJPY trades as it is showing a bounced off 240MA. Anyone else in this as well?

Linus
Yep, long everything XXXJPY except GBP and USD.
Author:  nanningbob [ Thu Feb 21, 2013 7:21 am ]
Post subject:  Re: 10.4 A Complete System
linuspoon wrote:I'm setting up for CADJPY trades as it is showing a bounced off 240MA. Anyone else in this as well?

Linus
This is a very low risk high return trade. Your SL placement is small and the potential reward is good. 2013 could be a good year for the commodity currencies being strong. Cad, Aud, NZD. See what happens. If the USD get congress to finally come up with some kind of deal then USD will be strong. GBP and JPY will be weak and we wont have to think most of the year.
Author:  sponn [ Thu Feb 21, 2013 7:53 am ]
Post subject:  Re: 10.4 A Complete System
Eur/aud looks good again (long) but hard to say how long aud will be weak as it is now.
Author:  mjws00 [ Thu Feb 21, 2013 7:57 am ]
Post subject:  Re: 10.4 A Complete System
I'm looking at AUDCAD as well. Pending is in. We'll see.
Author:  SWG123 [ Thu Feb 21, 2013 8:09 am ]
Post subject:  Re: 10.4 A Complete System
mjws00 wrote:I'm looking at AUDCAD as well. Pending is in. We'll see.
Hmm, the MA looks a bit flat don't you think? ...
Author:  lhDT [ Thu Feb 21, 2013 8:26 am ]
Post subject:  Re: 10.4 A Complete System
nanningbob wrote:
linuspoon wrote:I'm setting up for CADJPY trades as it is showing a bounced off 240MA. Anyone else in this as well?

Linus
This is a very low risk high return trade. Your SL placement is small and the potential reward is good. 2013 could be a good year for the commodity currencies being strong. Cad, Aud, NZD. See what happens. If the USD get congress to finally come up with some kind of deal then USD will be strong. GBP and JPY will be weak and we wont have to think most of the year.
I'm long since yesterday on CJ, Took the trade a bit early (-38).
Now trading below the 240. Trade going vulnerable afer that strong bearish H1 bar.
Author:  mjws00 [ Thu Feb 21, 2013 9:21 am ]
Post subject:  Re: 10.4 A Complete System
Well I'm long a nice little peaker trade EURCAD. @ WMR1 They were kind enough to tag me and drop like a rock. Hopin WP Holds. Time for me to be patient. I hate that. :)
Author:  Wiggy1965 [ Thu Feb 21, 2013 9:33 am ]
Post subject:  Re: 10.4 A Complete System
mjws00 wrote:Well I'm long a nice little peaker trade EURCAD. @ WMR1 They were kind enough to tag me and drop like a rock. Hopin WP Holds. Time for me to be patient. I hate that. :)
That's a buggar,

I didn't get entered as i placed my order above previous candle highs....

It's funny, xMeter has sorted it and may limit out for about +40 pips, about 10 shot of it right now...

Wiggy
Author:  mjws00 [ Thu Feb 21, 2013 9:47 am ]
Post subject:  Re: 10.4 A Complete System
Even funnier is I was short it a couple hours ago. ;)
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