So the stop loss would be moved tighter and the position not closed when the histo/macd reversed and/or +di/-di reversed? when in negative territory. p.s. forgot to upload chart from last post.. chart added now.

Directional Movement

Rules on Entry to SL — Hi AC I have a question in regards to the rules of the strategy. Say you have entered a trade as was indicated by the signal candle and you have set your SL and your TP to 1st s/r. (as shown on diagram). But then the PA ...

Directional Movement

There is very little directionality in the market today, the market not sure which way to go. So, as this strategy is called "Directional Movement" I'll probably stay out until I see a trend in at least one of the pairs. There is a strategy ...

Directional Movement

CHFJPY Long — Possible Signal at the end of this hour for CHFJPY

Directional Movement

aud/nzd exit — I closed the AUDNZD, didn't feel safe with the trade as it was touching a longer term trend support line (shown on graph). I made a small profit of +4pips.

Directional Movement

I had a look at eurchf too and I could see that the were was a valid entry point (shown as purple line for signal) then the reentry will happen on open of next candle (shown as red arrow). This would have netted you a -24.1 pip loss (inclusive of ...

Directional Movement

Hi oblo. I got stung a couple of times by news releases. Sometimes they can go in your favour and other times they just stop you out. I'm in AUD/NZD at the moment but this pair has got a very high spread of 20. Although the pair is at about the same ...

Directional Movement

This pair never did decide to go short after all. Still flat as an Ikea Flat-Pak I was just about to go into GBP/JPY LONG.. as a signal had formed, but I remembered one of the things that you had said AC about if there is a divergence with the ...

Directional Movement

The potential LONG USD/CHF never formed and now it looks like at the end of this hour a short USD/CHF is forming. Watch this pair as it looks like the long LONG trend, seem to now have decided to reverse.

Directional Movement

I closed the Demo trade with a +106.6 pip finish Details below 5. 20/4/09 S.EUR/JPY SAR (30m 0.028, 0.2, 0.056) Entry 12770 70.1: Live: Exit 1st TP 12699.9 106.6: Demo: Exit Trix Green

Directional Movement

I think these are metatrader scripts that for setting the Stop Loss and Take Profit, instead of typing in the price of where you want the TP/SL to be you can type them in as pip value or as a currency value, which I am guessing would be useful for ...

Directional Movement

Yes, this week has got a promising start. I finished at -196 pips last week, so I am really hoping for a good pip week. +100.1 for the week and it's only Monday!!!

Directional Movement

I can't seem to find any valid signals appearing or are yet to happen. There are a few signals that have happened, which you could enter late, but that just increases the chances of a reversal or retracement putting you in -pipland. So as the best ...

Directional Movement

USD/CHF Long — A potential setup is LONG USD/CHF. According to the rules this pair is not valid yet, but over the next 1-2H this could develop into a valid signal, where the ADX is >20 and the ADX has risen since its last candle +DI is still ...

Directional Movement

Live Trade: +70.1 pip trade at 1st Profit level Demo Trade: Left Open (Testing alt. exit strat.) Thank you Ramon, for the end of this candle hour, i'll be looking for more potential pairs, will post here which ones I am looking at. No, I didn't ...

Directional Movement

I'm still in the eur/jpy at the moment. I've also just calculated the R:R for the trade im in which is at 1:1.29 SL at 54 pips TP at 70 pips. The move is still on a down trend but moving slowly, so I don't see a need to exit the trade as of yet. The ...

Directional Movement

The good news is.. that the EUR/JPY opened a candle below the support of the BB and it opened a candle below the 0.0 fib LEVel.. 2 Indications that that has broken the consolidation and has continued its development south.

Directional Movement

It looks like eur/jpy has consolidated and is non-trend ranging between 38.2 and 0.00 fib levels as seen here with the bollinger bands narrowed to a horizontal channel.. Till we get a breakout of this channel, I can't say which direction it is yet ...

Directional Movement

Hello Fellow Egyptian!! I am from Egypt too but live in the U.K. I have 2 positions open. at the moment EUR/JPY short and EUR/USD short with a pending order on USD/JPY to buy at 98 (with a possible close of eur/jpy when the order is opened)

Misr-Group

Any analysis or views update on this pair? Thanks

EUR/JPY Trading Room