Gold does meet the entry criteria, but i've been burned by Gold's volatility in the past, so will only be taking Gold (and silver) trades if an entry is confirmed by my additional discretionary filters, which this current entry is not. Currently in ...

The7 Trading System

Ok Thanks. I agree re the management of trades, I'm using some simple EMA techniques and observing candle formations, particularly near the EMA's or S/R. Doesn't always pay off, like today on my CAD trades, closed them both as they stalled under the ...

The7 Trading System

It's great to hear that someone else is enjoying some success with this. I'd love to see a breakdown of where your 528 comes from, to compare notes, if you could spare a few minutes to provide the details. Cheers

The7 Trading System

Trades Update — In addition to the closed trades above of +86, I now have the following closed trades AU/NZ - 60 CH/JP + 2 * EU/CA +140 * EU/JP + 3 EU/US + 40 GB/CA +100* GB/CH - 75 That is closed pips of +150. The ones marked * skew the true ...

The7 Trading System

AU/US M15 — It's obvious now a few candles have played out and in retrospect i am annoyed with myself for taking a long, when PA closed over the MA's for the second time. I read the first push over the MA's as the break, then pulling back and ...

Another simple system - Time-Frame 15

AU/US — Looks like I got that one wrong. In fact after considering my analysis of your trade, i took a long when the candle closed above the 10 and 200, whihc in my view was further confirmed by the next candle being a pin closing above both ...

Another simple system - Time-Frame 15

I've taken a few of these and been burned. Personally I'd wait for PA to come back to the MA's and be rejected, to confirm price is heading south. Also there has been a bullish move up over the 10EMA in 1H tf, so the current pullback in 15M could be ...

Another simple system - Time-Frame 15

EU & EJ — My trade this morning. In my view perfect entries. H4& H1 PA bullish and pin rejections of the 10EMA shortly after LO, with the added benefit of EJs pin also bouncing off a RN. +42 pips within 30 mins of LO, if only it were ...

Another simple system - Time-Frame 15

This thread has been a positive, friendly and constructive discussion. Please respect this and refrain from lowering the tone.

Another simple system - Time-Frame 15

My trades so far this week: Closed NZ/US - 75 GB/JP +110 US/CH + 51 Open EU/US +85 EU/JP +94 GB/CH -40 US/CH +15 EU/CA -26 CH/JP + 2 If I were to close every trade now, I'd be up +216 in less than a week. If this were to prove consistent, then there ...

The7 Trading System

I'm not too concerned about it, the market will ebb and flow the same for everyone, sometimes I'll get entries you don't and sometimes the other way round. In the long run, this strategy will get us into enough positions to not worry about the odd ...

The7 Trading System

It did on my platform (Alpari UK, working from CET zone GMT +2) Wasn't the most emphatic entry, but as it formed a pin as a second rejection of 9400 which is also where the 200EMA sits, I decided to take it. Currently +15 Cheers

The7 Trading System

Shawn I took that trade based on the rejection of the RN, such rejection being firm in my view, as formed by a bearish engulf. It retested weakly for the following 3 candles, then closed below the 10EMA, which was my entry point. My error was as ...

Another simple system - Time-Frame 15

That's enough for me today. Time to regroup and analyse where today has gone wrong. Got to be my worst day since I started using this strategy, must be down -100 !!!!

Another simple system - Time-Frame 15

I hope so Shawn, I took the same trade and I've had a shocker of a morning, 5 trades 5 losers! -65 pips

Another simple system - Time-Frame 15

Thanks Blinkers, you're a star! I suspect my data bill on the iPad will now be on the up. Cheers

The7 Trading System

I use the metatrader4 app on my iPad, but it drives me crazy because I can't seem to find how to manually close a trade?! Once open it either hits TP or SL and nothing I can do about it. Any guidance would be much appreciated. Cheers

The7 Trading System

The7, I know your basic rule is to exit on a signal in the opposite direction, but have you ever tried implementing some stop management? I ask because you're carrying 476 pips in profit here, which is very impressive (I didn't get all of those ...

The7 Trading System

Pip26, surely not, our heros in this thread are supposed to draw pips from the market at will!! Seriously though, it does give encouragement to us who make bad trades far more often than we should, to see even experienced traders have bad days every ...

Another simple system - Time-Frame 15

I took a similar trade, albeit I waited for the confirmation of a close below the 10EMA, the length of that candle nearly casued me to stay away. I set my TP at a conservative 13 pips, given how many times it's bounced around the 1.2920 level today. ...

Another simple system - Time-Frame 15