I show 1.4530 as the all time high back in 3/95...

Cable Update (GBPUSD)

Can you please explain how you got the 044 fib level calc? Thanks!

Cable Update (GBPUSD)

I'm using 1% - 1.5%.

Great GBP/USD Strategy for Swing Trades

Robert - can you clarify? The post you reference is talking about using that indicator to get an earlier exit. It seems you are referring to using it as another entry signal??

Great GBP/USD Strategy for Swing Trades

Right on! I followed the rules and missed this one. Followed the rules on the prior entry and got stopped out. But that's how you trade, and you never know which trade will be the big winner. I mentioned earlier that when I did my backtesting, I ...

Great GBP/USD Strategy for Swing Trades

For me the long signal occured on 4/10 with the cross. I ignored the signal due to the daily stoch rule. However, that seems to have been a bad choice as this is turning out to be a nice trade. Much better the previous short signal I took, which was ...

Great GBP/USD Strategy for Swing Trades

232.70 is the .236 level from the 221 low - 236 high. I would think it's very possible we could see this level. We first need to break through daily support at 233.70 and 233.56 though. 232.65 also happens to be the next monthly pivot- a nice ...

Daily GBP/JPY analysis

I was very eager to get out when I was sitting at a 47 pip profit when price hit the sup level at 9600. In fact my gut was telling me to cash out due to the round number but I stuck to the rules. In this case, that 47 pip profit turned into a 50pip ...

Great GBP/USD Strategy for Swing Trades

Look at larger time frame charts, 240, D, and you can see when price is stuck in a range. If range bound, just trade off of the S/R areas. Once it breaks through, it may be back to trend following. Check out the GBP/JPY 60 and 240 min charts to see ...

Ranging Vs. Trending

No fixed Tp here either. Will wait to either be stopped out OR will be out once the 4 and 13 cross up. I like the way this trade set up since we will again be in a good set up once it flips and starts going north. Some potential ponits of interest ...

Great GBP/USD Strategy for Swing Trades

My eSignal charts show the 13 crossing the 50 as well. I opened a small position and will probably add to it once this current 4H candle closes.

Great GBP/USD Strategy for Swing Trades

I'm using Metatrader 4 for the first time today - how do I import that file?

Great GBP/USD Strategy for Swing Trades

My chart shows the 13ema is just 12 pips away from crossing the 50. Based on the daily, I'm opening a small short now and will add more once the cross is confirmed.

Great GBP/USD Strategy for Swing Trades

Well, it is forming a very nice bullish flag pattern. Will it continue north...?

Daily GBP/JPY analysis

Yes, looks like another trade is fast approaching. I'm guessing tomorrow's data will be what determines if this sets up or not. I did some bactesting (just eyeballing trades based on the crosses) and came up with approx 1558 pips to date, about 300 ...

Great GBP/USD Strategy for Swing Trades

Perhaps you need to double check your EMA settings because my charts don't have the 50 being crossed either.

Great GBP/USD Strategy for Swing Trades

Do you need to trade with a broker who uses Metatrader to get a data feed?

Is MetaTrader worth the trouble?

I did a manual backtest on my eSig charts from the end of Nov 06 through now. However, I was using a 62 WMA hi and low. I came up with 55 total trades (left out the holidays) 29 losers and 26 winners. I was basing my trades on 5 standard lots with ...

Part Time Wealth Building System - "Open-Close Trending"

I think the only reason leverage higher than 50:1 exists is for brokers to take money from all the unsuspecting rookie traders. They package it as a great way to make big money fast but fail to also advertise that it's a great way to lose big money ...

Starting with OANDA and bad leverage from them

It's currently 4.925% per day. It's one of the reasons I trade with them!

Oanda: our Balance earn interest?