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- Trader KGB replied Jan 10, 2008
Never received a sell signal on my end, in fact I'm showing a buy signal. These are GCT's original settings. I would recommend everyone confirm & backtest before trading live. dynami - Are you sure you're using GCT's original code (from the Word doc ...
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 10, 2008
Back down 50 pips in mere minutes, this is like a casino this morning..
CAD/JPY
- Trader KGB replied Jan 10, 2008
Thinking about it.. This is a rather interesting morning for the dollar..
CAD/JPY
- Trader KGB replied Jan 10, 2008
I think the long train is leaving the station yet again.. USD/CAD can't hold up for long the way Aussie, euro and franc are taking off like this. 108.53 :
: Look at the kiwi since 9:30!CAD/JPY
- Trader KGB replied Jan 10, 2008
Now sitting at our fifth 108 touch in as many days. I like this one the least though, what with UC above its '07 trend line currently for the first time. UJ also falling well below the 109.75 level again doesn't look promising. I think I'll sit this ...
CAD/JPY
- Trader KGB replied Jan 10, 2008
Once the pivot is broken, if the hourly hasn't given a signal, it can't give a signal later on. It must be generated on a pivot break (at least according to GCT's original rule set).
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 10, 2008
In regards to what aspect? Volatility? Adherence to technical levels? Plenty of the former, less of the latter. I always track technical levels on the majors first and foremost. The crosses, being just constructs of the majors, have less adherence ...
Aussie Pairs
- Trader KGB replied Jan 10, 2008
If the "AUD indicators" have no affect on USD/JPY, then both AU and AJ will move equally.
Aussie Pairs
- Trader KGB replied Jan 9, 2008
That's not the case. Long positions receive a -1.63pip offset daily according to their table.
The Best Carry trade Pairs?
- Trader KGB replied Jan 9, 2008
No I got out yesterday +100 (second day straight of >100 on this pair, some nice waves). Today, I just went against my system and didn't buy the 108 touch, I was going to wait until after the US session ended (big mistake). I wasn't paying close ...
CAD/JPY
- Trader KGB replied Jan 9, 2008
Good call.
Where does your '07 trendline come in? Mine is at 1.1030, which quite near to where we tested today.USDCAD trend reversal?
- Trader KGB replied Jan 9, 2008
Now to see if the expected retrace holds up til 5pm.
USD/JPY Discussion
- Trader KGB replied Jan 9, 2008
109.75 broken!
Look at those stop orders fly! I had a 5-pip buy stop limit, partial fill.USD/JPY Discussion
- Trader KGB replied Jan 9, 2008
Wow it loves that 108 level, shouldn't have held off that time, quick 60 pip spike.
CAD/JPY
- Trader KGB replied Jan 9, 2008
Here we are at 108 again. Why I never ride the short train is beyond me, this one has fairly predictable as of late. Just as many pips on the way down as the way up.. Anyway, going to hold off buying until the US markets close, get in for perhaps ...
CAD/JPY
- Trader KGB replied Jan 9, 2008
I think you're using different code than mine. Did GCT supplement the code beyond what he put in that original Word doc from page 1? I still only have that one trade from early Sunday, exited yesterday for break even.
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 9, 2008
I'm stopped out at 109. That Asian rally is probably going to be fully retraced, what with the Japan floodgates now closed. Notice U/J hit the allusive 109.70 level for the 8th time? That was the signal to get out of all carry pairs, but I ignored ...
CAD/JPY
- Trader KGB replied Jan 9, 2008
Hi Steviet, I could understand where they may be coming from. 20/21 = 95% accuracy, just to break even. So unless you hit 100% accuracy, you wouldn't be profitable? That's an incredible feat! So let me see if I understand how this is accomplished - ...
Steviet's Live Trades!
- Trader KGB replied Jan 9, 2008
That already happened.. "Things got very ugly into the US equity close as critical support levels in the DJIA and S&P that defined the uptrend recovery following the lows put in place after the 2000 highs were penetrated."
USD/JPY Discussion
- Trader KGB replied Jan 9, 2008
"Commentary – Our last Yen crosses article mentioned that “with the appearance of 5 waves down from 125.55 (which we are labeling large wave 1), we expect a larger wave 2 correction to test the 50% and maybe the 61.8% at 116.71 or 118.79 over the ...
CAD/JPY