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Petefaders replied Nov 28, 2008yeah, market is crap..i figured why not test a system.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 28, 2008
Now that I think sbout it, I guess I'm just doing a simple version of the Auslanco 15min strategy.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 28, 2008
There's a sell entry at 146.75...see how it does.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 28, 2008
The system is really just 3 indicators..the rest are are just bells and whistles. Cool that you will test it against you system..let me know.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 28, 2008
You are correct, I entered early cause I did not wait to cross 50 sma...i break that rule sometimes..less safe.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 28, 2008
Right, resistance or even daily piviot is my partial profit target. For example, right now this system got me long at 146.60. There is resistance at 147 for about an hour now, so I banked half at 40 pips there, and have still have half set to break ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 28, 2008
Glad you like it. The final exit is when a candle closes below (or above) the gann line, BUT you can take partial profits along the way by whatever exits you trade. I'm using simple supp/resist and channels, along with the other indicators on my ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 28, 2008
You NEED MT4 running just for charts, then you can have all kinds of niffty stuff.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 27, 2008
Any input? — image Hi all. I've been testing my new SIMPLE scalp method on the 5 min. It also can keep you in longer term sometimes for bigger moves. Sell conditions are: 1. Price close below gann 2. Price below 50 sma (purple line) 3. QQE ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 26, 2008
12 pips for the session! I should stop here...don't want to get greedy!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 26, 2008
I took some bear meat off the barbie, rest at BE.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 26, 2008
Yep, could be.
Also, a ton of resistance now at 148 ..plus a (sloppy) head n shoulders on 4hr.Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 26, 2008
I am long again off dp, 146.35
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 26, 2008
carefull shorters, I have dp at about 146.30
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 26, 2008
GM all, glad were laughing and not arguing today (yet). I'll risk my whole account today. I'll either be rich or give up trading lol.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 25, 2008
me too...just closed 146.70. carefull now.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Petefaders replied Nov 25, 2008
yeah..surprising pull back though. glad i'm out atm.
Auslanco - GBP/JPY and GBP/USD (newstrade)