Anybody thinking about this PB in EURGBP

james16 Chart Thread

the spikes happened because of the announcement of the G7 meeting over the weekend. finance ministers expressend concerns over the strength of the EURO, EURUSD opened much lower, also EURGBP

james16 Chart Thread

G7 met over the weekend and expressed concerns over the strength of the euro, many finance ministers expressed concerns. also when trichet was asked he said something: the poem is as it reads, or somethingh like that

EURUSD

Tyler it seems that you draw the Fib the wrong way around. The 100% should be on the low and not on the high. i.e start drawing the Fib from the low

james16 Chart Thread

it seems like a valid PB to me too

james16 Chart Thread

hi seeking, the reason behing the dollar buying and yen selling across the board was because news broke out that Ambac (big financial group) was to be saved afterall. there were billions of dollar on the table

james16 Chart Thread

JPY crosses are very much correlated to the Dow Jones and also (to a lesser extent) to FTSE, DAX, CAC. This is due to the degree of risk aversion of investors (carry trade). By the way, great thread Kevin, keep up the good work

Peaks and Valleys (Trading Naked)

Pavatar can you tell me whats the TP and SL on EURJPY and GBPUSD please? thanks in advance

High & Low 8 Hours (GBP/JPY)

Hi saaedb, can you point me to the EURJPY and GBPUSD settings? thanks a lot

High & Low 8 Hours (GBP/JPY)

Hello FX97. it would be interesting to run a test of TP 50 and SL 50. Also if it is possible can you run a backtest for the last 2 years

High & Low 8 Hours (GBP/JPY)

you are definetely doing something wrong 200 pips for yesterday and the day before for those who were awake or use the EA

High & Low 8 Hours (GBP/JPY)

Hi smurf. just to clarify the original system as posted by Nicotina was to close for the day if you hit one TP or two SL. So since you hit the one TP you should be done for the day. At least this is my understanding. Of course today the bad news for ...

High & Low 8 Hours (GBP/JPY)

Also missed the buy signal. I have noticed that when the range is small as it was today and yesterday it is almost money in the bank. However i missed both signals because i live in Europe. It is hard to wake at that time.

High & Low 8 Hours (GBP/JPY)

This would imply that market conditions were the same since 1985 which is wrong, what you are trying to do is imppossible imo. For me a couple of years is more than enough, anything more would be outdated and could lead you to the wrong conclusions. ...

High & Low 8 Hours (GBP/JPY)

That is ridiculous, you should complain and get another broker...they didnt manage to cover themselves in time and blamed it on the breakout

High & Low 8 Hours (GBP/JPY)

true but these days are few and far between

High & Low 8 Hours (GBP/JPY)

good call nicotina, i cut the buy at 55pips

High & Low 8 Hours (GBP/JPY)

glad about this TEB, would be interesting to hear

TEB sytstem

Hi vyder, i usually trade the European session because i find that it gives more accurate signals than the US, the reason is that the Dow Jones has much effect on currency markets and vice versa, this results in some very peculiar moves in the US ...

TEB sytstem

Hi rorieu, yes the signals are stronger when they happen in or around overbought/sold areas

TEB sytstem