update... — still waiting for the US session... update: gbpusd [email protected] P/L:+56pips... price has hit the 200SMA of the H1 chart and is currently above the 200SMA on the H4 chart...everything is lining up nicely...will move SL to ...

The 200s setup

bearish engulf on eurgbp — a bearish engulf just formed on the eurgbp H1.....this is signaling gbp strength...we should see a decent upward move on the gbpusd... time will tell.. trade status gbpusd [email protected] bought @1.6023 50% closed ...

The 200s setup

... — trade update... gbpusd@ 1.6062...got as high as 1.60719...i was supposed to close 50% of my position at 1.6073.... 50% closed at 1.6064....SL set to BE on the remaining 50%.. why not close it all?...M30 is above the 200SMA, on H1 its ...

The 200s setup

with reference to the EU signal, i would take 50% of the trade at +50pips, and set SL to BE on the rest...the gbpusd trade has not yet given this opportunity...

The 200s setup

ok,thanks for your input...

The 200s setup

....apologies — sorry about the other indicators i posted on the Eu chart.....we are only interested in the 200SMA and CCI 200....our gbpusd trade can be seen in the chart below...

The 200s setup

the eu signal — eurusd gave a buy signal today...gbpusd has been moving rather slowly....the obvious reason is the fact that the eurgbp has been gaining....our trade status gbpusd @1.6034 P/L: +10pips we still have very healthy H4 bullish ...

The 200s setup

update.. — [email protected].. Current P/L: -26pips The pair dipped to 1.5984 during the asian session..price is still above our 200SMA..H4 still looks bullish..macd also supports a bullish move on [email protected].. Happy pipin

The 200s setup

Ok,use the cci 14..when you have the indicator on your chart,change the period from 14 to 200..

The 200s setup

trade update.. — Currently have a gbpusd [email protected]= 1.5973..waiting to see how the 4H candle closes..but so far so good..its already looking like we may have formed a base around today's low..I hate babysitting trades,that's why a 50pips ...

The 200s setup

Hi.. Once you have the cci indicator on your chart,just right-click it and edit the properties..under the "levels" tab, add a zero level..

The 200s setup

Yes, the 4H candle just has to be bullish or bearish..and I forgot to mention,but the best trading times are from london open to the close of the US market..about the SL, I find that 50pips is usually sufficient, and please note that I am trying to ...

The 200s setup

.... — the current trade open is a buy@ 1.6023...SL= 1.5973....i will update the trade status in a couple of hours....i am also keeping an eye on the Eurusd...i'd advise against taking 2 trades with 5% exposure on each, that would be a total ...

The 200s setup

..... — i have created the trade explorer, but i have been unable to link it to the thread yet...it is however available on my profile...i had to close a trade to activate the account history....green pips to everyone...

The 200s setup

hello darryl..it should be applied to typical price..

The 200s setup

.... — please note that this is a trending-following setup....it is not the holy grail.. i am working on attaching a demo account on the trade explorer...

The 200s setup

observe.. — anyone looking at a M15 chart with the 200SMA and cci 200, would notice that the cross above/below zero on the cci, and the close above/below the 200SMA occur almost around the same time...that is why i use the H4 chart as my ...

The 200s setup

thanks.

The 200s setup