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Silat50 replied Jan 15, 2013NEW TRADE.GET IN NOW OR DONT GET IN! aud/chf- We have all seen this set up last night or this morning,right. But, I net maybe one of oyu if any,took this trade. And for the wrong reason-Too big of a bar-too much risk. Well, I like big ...
The7 Trading Method Signals Thread
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Silat50 replied Jan 14, 2013SOMETIMES YOU HAVE TO HAVE LUCK NOT SKILL: Today I really lucked out. I should have been stopped on my NZD/USD short but woke up 3 hours ago at 8pm and was kept on the phone for almost 3 hrs talking to a long lost friend who just happened to call ...
The7 Trading Method Signals Thread
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Silat50 commented Jan 14, 2013Buying 558 b in bonds and you dont think he knows our economic problems asd well or better than we do? Seriously, this must be a new version of musical chairs where this time ,every man isnt for himself, but shall we say, maybe Japan, USA,ISRAEL AND ...
Japan’s Abe Says He’ll Seek ‘Bold Leader’ to Head Central Bank
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Silat50 replied Jan 14, 2013tHAT MIGHT PARTIALLY BE IT AS i START AT AROUND 7PM in the Asian session and am done by 3am if nothing is happening but I will stay till 4:30 or 5 if there are big moves going on. Lately though, that London box of 2-5AM est. that you could count on ...
Simple Money Making Method
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Silat50 replied Jan 14, 2013using the 55 EMA Trez, I love your idea of using the 55. Maybe I will keep both on the chart and as long as it hits either one its ok. I was mentioning that I am doing so well with this system but I harly ever get a trade where price touches 72 and ...
Simple Money Making Method
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Silat50 replied Jan 13, 2013You picked out the best plays,Greg. If I may offer a suggestion that everyone says they do, and almost no one does which is critical: Keep a log or journal for every play you make from the 7 system and every other system. Best to have a repeater ...
The7 Trading System
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Silat50 replied Jan 13, 2013I concur with whatfx in all OF his selections. selections. However I find that taking just 3 or 4 doesnt drive me crazy and allows me to actually root for specific currencies to do well.....in general. However..... Something doesnt smell right. The ...
The7 Trading Method Signals Thread
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Silat50 replied Jan 13, 2013Question for the 7 Clan: The GBP/USD has set up as a crisp, clear short to be taken sunday nite/monday morning-depending on your time zone. Whats interesting(or nauseating) about analyzing this trade is on the weekly we have either a triple top or ...
The7 Trading System
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Silat50 replied Jan 13, 2013Copper,navin and tyrant, I am enjoying the dialogue the 3 of you are having. I especially like thew question copper asks:What would you consider a good losing trade? I can tell you this. It took me many years of trading and also being in similar ...
Cable Update (GBPUSD)
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Silat50 replied Jan 12, 2013Trez, Thaks for posting. But Ive read this thread up and down and why dint I see anything about the PAC indicator. What is that. To me they are just tighter bollinger bands. What does pac stand for? Maybe I shouldnt ask, because Im doing pretty well ...
Simple Money Making Method
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Silat50 replied Jan 12, 2013I think the most important thing for Forex traders this week is the answer to this question. Japanese Prime Minister Abe says he has committed 5 trillion dollars or so to keep lowering the Yen. The question we all need the answer to is this: How ...
Technical Analysis Fallacy
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Silat50 commented Jan 12, 2013I think the most important thing for Forex traders this week is the answer to this question. Japanese Prime Minister Abe says he has committed 5 trillion dollars or so to keep lowering the Yen. The question we all need the answer to is this: How ...
US Week Ahead: Bernanke Speech, Beige Book, Retail Sales, CPI, PPI, Manufacturing, Housing
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Silat50 replied Jan 11, 2013HOTTEST 2 PAIR: Has anyone noticed that the CHF on the long side and the JPY on the short side were the most consistant "gimmees" for a long while already. The NZD too has trended very, very nicely against almost everything. Up several days, then ...
The7 Trading System
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Silat50 replied Jan 11, 2013Cool one, You seem to have almost all the trades I my self had, or.... thought about and then forgot about. LOL Very nice work! Do you follow the 7 system exactly, or do you use your own system of getting out of a trade, or one of my posted exits? ...
The7 Trading Method Signals Thread
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Silat50 replied Jan 10, 2013you all know i had 13 open positions 3 days ago. cant post them all here. My favorite for the 7 system is: GBP/CHF-SH--ENTRY-1.48355 stop loss, the high of previous days bar plus either 1.2 pips or just 1 or 2 pips. 1/9/13-cad/jpy-L- 3 lots stop ...
The7 Trading Method Signals Thread
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Silat50 replied Jan 10, 2013ANOTHER WINNER IN THE MAKING: The:GBP/CHF trade I gave all of you at 148:35 or better is now at 1:4736. My stop moved to the top of the last bar. Im in profit now no matter what happens. Dont know what some of you are doing futzing around with all ...
The7 Trading System
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Silat50 replied Jan 8, 2013No insult intended ,but anyone even using the word moron in a post is deinitely not a professional trader let alone runs a room or is in market wizards. Why? Because real pro's have no time to put anyone down. They are too busy making money. Kinda ...
Trading EURUSD only
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Silat50 replied Jan 8, 2013THE JAPANESE GAMBLE: If we are going to do an asinine thing like go against the BOJ and just use charts like we are supposed to,
why not take a pair that has a doji as either the current bar or as many of em have, the previous bar as the ...The7 Trading System
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Silat50 replied Jan 8, 2013Guys, I am adding to my GBP/CHF position now as there is only a 20 pip stop loss. What advantage is there to wait until the japanese session? Either it will close up most of the 20 pips and its never worth adding without at least 20 pips to protect ...
The7 Trading System
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Silat50 replied Jan 8, 2013For greg and Paul, If it is you 2 guys who are playing with a supply and demand system, check this thread out I had joined but never had a chance to really research it. Looks very much like what you guys are into. Let me know privately what you ...
The7 Trading System