made 3000 PIPs — first of all i would like to thank you guys for all the ideas around my strategy. and since march have ended i would like to post the results in PIPs on my strategy. 2978 PIPs for the month of march. pretty impressive good ...

simplest strategy for GBP/ JPY

join the team — hey guys, i am creating a team to monitor the GBP/JPY around the clock. if you are interested send me a PM. with your name e-mail and the time zome in witch you live. and from what time to what time you are available to monitor ...

simplest strategy for GBP/ JPY

turbulent times — check for september - october and the beginning of november 2006 it was a hell of turbulence. i have to say that but sometimes a position will go down about 150 PIPs before it wins so you'll have to put a 200 PIP stop loss. ...

simplest strategy for GBP/ JPY

keep it simple — you can add whatever other indicator that you like but i prefer to keep it simple you can also enter when the price crosses you'll have tigher stop-loss but if you are in a ranging market you'll loose alot. check in last ...

simplest strategy for GBP/ JPY

use 12 SMA close 32 SMA high 32 SMA close 32 SMA low good luck and trade safely

simplest strategy for GBP/ JPY

24/5 — unfotunatly like all trend following strategies you'll have to monitor your chart for 24h per day. i am now organising a team of traders to do that you might concider doing that too.

simplest strategy for GBP/ JPY

1000 - 240 = 760 PIPs/ month — thanks for the informations. that was a point that i missed. but since each month we have around 30 signals that makes us loose around 240 PIPs so subtract 240 from the average per month you'll have 760 PIPs/ ...

simplest strategy for GBP/ JPY

correction — january it made more than 3000 PIP. (sorry for the typo)

simplest strategy for GBP/ JPY

[quote=brentmack;254650] if you insist on taking profits you can combine it with ideas from vegs trading method but you might miss the huge moves that makes the GBPJPY interesting to trade (one trade had 750 PIPS) so it's your choice.

simplest strategy for GBP/ JPY

right — exactly. this thing helps alot against whipsaw market

simplest strategy for GBP/ JPY

P/L — well the 100 PIP / month is an 8 month average the worst performing months are september and october with 600 PIPs / month and the best performing month is january with more than 300 PIPs the maximum drawdown was in september (600 PIPs)

simplest strategy for GBP/ JPY

whipsaw — well the 3 lots system makes the whipsaw easier to survive. check in october. it wasn't a very good month for this strategy and if you will trade 1 of the 3 moving average you would have been painfully whipsawed but with the 3 ...

simplest strategy for GBP/ JPY

stop loss — unfortunatly like most of the trend strategies there is no stop loss there is only areverse signals (one of the trades had a 120 PIPs drawdown) that's why i say that money management is very important.

simplest strategy for GBP/ JPY

about the close and revenrse — i use fxsolutions as a broker and they don't take spreads for "close and reverse operations

simplest strategy for GBP/ JPY

lots of EAs — hi guys, what version of Pouria EA are you using and do you still use the target point described in the first page of the pouria method. there are a lot of EA's and i am very confused.

The Pouria EA Development Thread

suggestion — the EA is working greatly but it was a little problem. you have to add a fuction that checkes for open positions befor entering a new one. the EA bought me twice a short position in USD CAD. thanks you for the EA.

The Pouria EA Development Thread

GBP/JPY won — i just won one on GBP/JPY. great system got 15 PIPs

The Pouria Method

my open positions — ok i have now eur/USD short from 1.3001 TP 1.2981 SL 1.3015 and i have AUD/USD short from 0.7795 TP 0.7785 SL 0.7809 anyone have the same numbers ?

The Pouria Method

well if you have traded the next one you would have been in profit by noe

The Pouria Method