Hi, thanx a lot for the help. I especially like using COT to determine my view for the week, as I suppose that many serious traders rely on it when they make their decisions for the week. I mainly trade GBP - JPY, so I just checked both JPY and GBP ...

COT Weekly Trading Strategy

Hey, I can give a piece of help. Im also using a 40 Stop, so for me entering at 24 GMT would have been very bad. I keep testing on demos varying entries for a month, to see which one yields the highest profit. Until now for 24 GMT I would be -143 ...

Part Time Wealth Building Trading System - Daily Scalping

how can u be -42 pips if u entered at 23 GMT? the entry for me was at 237.14, sell ofcourse, according to previous day, and i just booked 100 pips profits

Part Time Wealth Building Trading System - Daily Scalping

I didnt try using it on other strategies, but it acts very well as a filter for this strategy, so I think u should use it with confidence. Also, do some backtesting with it, see how it filters bad entries.

Eagle Method MA Crossover System

Hey can any1 explain me what is this Tokyo fix? I understand its somekind of profit taking or retracement of the previous trend established in Tokyo session. And i see u guys use it to close your losing trends on profit...any advices would be ...

Daily GBP/JPY analysis

Hi, this idea of trading seems very interesting and probably its quite a classical approach, used by traders who dont rely on technicals to trade. Could you explain how you read the COT information every week? or maybe provide a link where its ...

COT Weekly Trading Strategy

well Ace trader, nice to have a professional around here. Could you be so kind to share some ideas of improving this wonderful method with us? Thanks.

Eagle Method MA Crossover System

well, one way would be to use RVI 100 as a filter. When u get a short cross, check if RVI 100 is under 0 level on a M30 chart. If yes, its quite safe to enter the trade. Same idea for the long. However, recently it seems that all the good crosses ...

Eagle Method MA Crossover System

you are completely right. However, our biggest enemy is our psychology. When a strategy doesnt work for a while, I tend to throw it away only to see that in the end the results were very good. What are your settings for the strategy?

Part Time Wealth Building Trading System - Daily Scalping

well it seems that this strategy is not capturing the attention of people anymore. however, i consider it one of the best for GY out there, capable of capturing great pips in big move days, if you use the right enter times and limit your losses. My ...

Part Time Wealth Building Trading System - Daily Scalping

I got the same feeling like yesterday. My shorts getting dried up with this crazy up movements. What asia gains NY takes back. Tomorrow will probably see another sharp down movement. and thats how the story goes.

Daily GBP/JPY analysis

yes I saw it last night. At least it was the only reason for which I was happy after that shitty recovery up to 238.30. Well, instead of complaining because I missed this wonderful down move, I should start looking for an entry.

Daily GBP/JPY analysis

heck yeah, ready to press the buy button again. Managed to save half of my position from this unbelievable recovery. (probably when the trend will really start to reverse, nobody is gonna believe it and still buying deeps)

Daily GBP/JPY analysis

Thanx for ur insight Plutonite. I was thinking actually about a kind of hedge - a long at 237 could have easily brought 50 pips it seems while still keeping the short. Anyway, Im still short and waiting for 236.50 to be touched. I read that a very ...

Daily GBP/JPY analysis

That sounds great. Do u trade the strategies in the exact way Tkimble made them or different?

Part Time Wealth Building Trading System - Daily Scalping

starting to thing that it was a good idea to buy at 236.85, for a quick scalping profits. Seems the bears crushed their head against the wall.

Daily GBP/JPY analysis

I would be careful, as it might only be a retracement. I will probably buy only when I will see a downside limited move and higher swing highs and lows, as the story says. Im praying to see 236.50 and for the damn dollar to go under 118 for god sake. ...

Daily GBP/JPY analysis

No reason for me to be happy just yet, cause it might reverse again, as it happened to me many times. As im just a novice & chicken too, I am already considering to close my position to protect my lucky gains. But I suppose I would regret it ...

Daily GBP/JPY analysis

well, until now it seems im the only happy guy here. I dont know why I had the guts to short at 238.80, with only 40 pips stop, but something told me that this is the end for the uptrend at least today Finally we got the expected retracements in ...

Daily GBP/JPY analysis

The inability to break 238.90 scares me. Plus the decision to leave rates on hold. Should we see some downside these days? At least I vote for a range in the next hours.

Daily GBP/JPY analysis