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- Trader KGB replied Jan 7, 2008
The indicators (and optional audio alert) I was referring to in that post are on the IT-Finance charts via way of an IG-markets demo account.
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 7, 2008
Yeah I noticed that too. My other system was indicating a sell still on EUR/JPY so I didn't enter at all. Will be interesting to see how this one plays out (although it's -45 pips now, so I probably would've exited had I bought on the signal).
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 7, 2008
Yes long arrow. It looks like your pivots are off. Make sure you aren't showing weekend data (it's in the chart properties somewhere).
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 7, 2008
Long trade entry signal given at 160.68..
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 7, 2008
Anyone else buy the test of the August low? I figured we'd see a reasonable bounce, 70 pips so far.
Cable Update (GBPUSD)
- Trader KGB replied Jan 7, 2008
Looks like we're about to get a signal on EUR/JPY. Price has been sitting on the central pivot since the market opened, bandwidth has dropped to .0058, and it's been 6 1/2 days since the last trade signal.
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 7, 2008
Hi Chonchy, Happy New Year to you too. Alas, I have not heard from Dove. I emailed him but never heard back. I must say, I had my reservations about the reasons he gave for his sudden departure. Although, you certainly can't fault the guy for all of ...
USD/JPY Discussion
- Trader KGB replied Jan 7, 2008
Looks like you just have the backtest code working but still need to add the 12 BBands and the pivots. It's unfortunate this charting system doesn't allow any type of template exporting, a very basic feature of any other charting app. Otherwise, I ...
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 6, 2008
This is just a hunch, but I think it was because he posted referral links. You could tell by the way the link included "partner.phtml....=GCT" meaning he might have been paid for anyone who clicked the link. If my hunch is correct, I don't see why ...
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 5, 2008
Nice charts there Carrera! Mind if ask you what charting package you use? I think the whole market was following that H&S breakdown, it was difficult for my buy stop to get filled. Thanks for pointing out the 38.2 on the monthly, I haven't been ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Trader KGB replied Jan 5, 2008
Check your broker's swap rates. Many don't offer a fair rate on NZD positions (MBT/EFX for one, but there are likely many others).
The Best Carry trade Pairs?
- Trader KGB replied Jan 5, 2008
You're way off. Dukascopy offers swap rates fairly close to LIBOR. Like other prime brokers, they offset your position's basis rather than pay interest directly (which I prefer for tax advantages). The -3.00 you're seeing for GBP/JPY is -3 pips they ...
The Best Carry trade Pairs?
- Trader KGB replied Jan 5, 2008
Did you end up buying? We broke the Aug-Dec trendline, but found support at trinity of the 78.6 fib, Jan-Dec trendline, and Nov-Dec channel low. COT report today was not a good sign, came in UJ bearish and U/CAD bullish.
That was also a ...CAD/JPY
- Trader KGB replied Jan 4, 2008
I was thinking the same thing. It wasn't shy of the PP, it pierced it. Looks like a clear buy signal given the system rules. Excellent system overall though, quite similar to my own style of trading. GCT, have you backtested it on Prorealtime beyond ...
Pivot Point Squeeze, high probability system
- Trader KGB replied Jan 4, 2008
The Nikkei's gap down simply reflects the global equity weakness that occured on Monday and Wednesday when the Nikkei was closed. The Chicago traded Nikkei futures reflected this. I wouldn't read too much into it. The Hang Seng is soaring and US ...
USD/JPY Discussion
- Trader KGB replied Jan 3, 2008
Sure, but you have to back me up if I ever land in Thunderdome, I can't fight that well with a chainsaw..

Aussie Pairs
- Trader KGB replied Jan 3, 2008
108.20 may prove difficult to break, that lower trendline extends back to April 1995. We tested it twice successfully this morning and rebounded nicely off of it, back upwards to test the 23.6 fib once again. Very tradeable action these past 2 ...
USD/JPY Discussion
- Trader KGB replied Jan 3, 2008
The 1995 trendline on UJ was tested twice this morning, both successfully (good place to cover and go long, but I only covered since I needed sleep, missed out on a good rally..). If that trendline gives way, meet me at JFK, we're flying to Oz and ...
Aussie Pairs
- Trader KGB replied Jan 3, 2008
The Nikkei bloodbath was somewhat a given since they were closed for our bloodbath Mon-Wed. ISM guaranteed a 25bp Jan cut, 50bp is being considered. I can't see NFP being hugely dollar positive vs Aussie no matter what # hits (I will eat my hat if ...
Aussie Pairs