Very nice trade Ian. Sorry for not replying earlier been tied up and Mrs V still completely out of action trading wise as she has been for weeks now. I am in my only my 2nd trade in as many weeks sold GU and got to about +40 but shy of TP and came ...

Higher low, lower high system

You can assess and see a trade but in the battle of trend v support/resistance you never know which will win. There was definite support there and it could have gone up. But until the D confirms you don't know. The D couldn't close above the 8lwma ...

Higher low, lower high system

Tuesday was a public holiday here so we had a break.

Higher low, lower high system

Also long EA from 1.4334.

Trading Made Simple for Day Charts

The over size D candle on 18th is the reason we haven't crossed the tight ma (I use 8lwma v your 7ema) its still trying to catch up. I'm still retaining up bias on GU for now. Simple reason most turns take 3-7 days to play out and I don't see that ...

Trading Made Simple for Day Charts

23 Sep 2013 GU - D closed a large body doji above 8lwma, RSI flat above 50 level but crossed lower. 4hr flow was lower high lower low, that might have turned but could just be Asian session pause. Bias up. EJ - D closed a doji, no follow through ...

Higher low, lower high system

Gapped up at Asian session open and retraced lower, stop at BE.

Higher low, lower high system

I have amended the first post to reflect what we are doing now a little more. Its official we are no longer scalpers. The 20 Pips Bank Hall of Fame have our notice letter, thanks guys it was fun whilst it lasted.

Higher low, lower high system

Mrs V's buy on EA was 1.4334 and we are at 88 at close. Hopefully we push up Monday.

Higher low, lower high system

Mrs V not even looking at 15 min anymore. She is in EURAUD and nicely in profit. I'll get the details later. I am looking at an ever so slight variation of system to be more realistic to what I can do at work. Trend definition D RSI 50 level, buy ...

Higher low, lower high system

Our general trend views: D chart above 50 level on RSI and above 8lwma chances of uptrend very strong. D neg close candle that cannot break below the 8lwma is a good chance just a hesitation in uptrend. Move below and close above D 8lwma again, the ...

Higher low, lower high system

After the 4hr hl positive close in US open session yesterday I had a buy EURAUD 1.4278. Had the trade window open and instead of closing the window wasn't thinking and closed the trade.

Higher low, lower high system

19 Sep 2013 The FOMC statement caused some big moves which can retrace just as easily as continue. Will not attempt an analysis on this basis.

Higher low, lower high system

Yeah wouldn't you know it, nicely up to date some time to watch charts and its a yawn. No idea which way we'll go on EURAUD, all TF's ma's headed down or will the support hold. Tomorrow is another day. At least I have been catching up with youtube ...

Higher low, lower high system

No reaction to the news just out and UK did session didn't do much. FOMC this evening though. In/out mmmh. I'm prepared to sit out.

Higher low, lower high system

18 Sep 2013 GU - An up and down day closing a shooting star. US session had no follow through on its move lower on 16th. 4hr sideways for now finding support above W M3 and the bottom of the gap up. Retaining up bias until D gives a clearer 3-7 day ...

Higher low, lower high system

Mrs V was also looking for EURAUD buy this morning. AUD was going up as well which makes EURAUD buy a no no. I was away from computer when EURAUD 4hr flipped negative and 15 min gave a good sell shortly afterwards. Bottom line if AUD and EURAUD are ...

Higher low, lower high system

Looks like up yes, we'll see.

Higher low, lower high system

17 Sep 2013 GU - Moved down in US session yesterday to close the gap and negative for the day but still above RSI 50 level and 8lwma. 4hr has signaled a scalp sell. Retaining up bias until D gives a clearer 3-7 day reversal pattern. GBPAUD - D ...

Higher low, lower high system

Looking forward to your contributions.

Higher low, lower high system