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    • riffster replied Sep 26, 2009

      GBPJPY Breakout (follow-up) — Hello all, Most of the follow-up comments have been via email and/or PM, so I thought a quick post update was in order. This system continues to work well. Even when markets are choppy. Remember to use the 60 ma ...

      GBP/USD simple breakout system
    • riffster replied Jun 8, 2007

      My money is on all of these forming sideways channels now, as we are entering the summer months... Everything ( including equites ) are falling off record/or near record highs... It looks like all the pairs are defining the channels that they will ...

      Simple 4 Hour System
    • riffster replied May 30, 2007

      Yes, but the script is "buggy" and doesn't always produce a live chart. lol... I would like to understand why it seems to work sometimes, but not all the time... and yes I leave the chart that I'm converting from open and unchanged, but that doesn't ...

      Simple 4 Hour System
    • riffster replied May 30, 2007

      The CMS charts ( which are free for demo accounts ) have a 2 hour time frame which is very good too. I just found that 200 min seems to be the sweet spot because it makes your system more effective with better entry prices. I would use an even ...

      Simple 4 Hour System
    • riffster replied May 30, 2007

      Not sure if anyone has mentioned this, but: If you use a 200min chart with a 150 ma and follow the rules, it seems to work very well on most of the majors... MACD stays @ default... Thanks for sharing your original system, it seems to have merit... ...

      Simple 4 Hour System
    • riffster replied May 24, 2007

      No problem, patience is always required for effective forex trading... lol... Anyhoo, as far as the GJ is concerned, yes I have a very aggressive cut off. If buy trades aren't triggered before around 1:10 am MST (mountain standard time) then it's a ...

      GBP/USD simple breakout system
    • riffster replied May 24, 2007

      No, a defined channel isn't really needed. I just don't like to see a very tight range (reason) because the cable likes to head fake in and around tight ranges, but not always enough to hit your limit... The 23 pip filter on GJ seems to be enough as ...

      GBP/USD simple breakout system
    • riffster replied May 21, 2007

      Please also note from the charts posted, that I also use a buffer for both pairs. GU = +/- 5 and GJ = +/- 23 before the trade is triggered. As far as the GJ, no established range is needed, the buffer solves that problem, but the GU likes to ...

      GBP/USD simple breakout system
    • riffster replied May 21, 2007

      For me, big MME's like NFP are danger zones for any method/system, so I just don't trade those days... and the historical data suggests that my approach might be a wise one... but I would be interested in hearing from other traders about this topic, ...

      GBP/USD simple breakout system
    • Posts by Trader Search: 'riffster'