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- kdx replied Jul 14, 2010
Morning guys. No setups for me at the moment will update as soon as I see one developing.
Kravens Commercial test thread
- kdx replied Jul 13, 2010
Not Much really happening from the system I'm following, should have taken the long on EU at 1.2550 as most of the rules for the system had been met, just a little discretion ws required I did not take the trade to stay totally within the rules of ...
Kravens Commercial test thread
- kdx replied Jul 13, 2010
Yes to be honest I'm still not sharp enough yet to use all the fundamental data and use it for entries just last week alone if you look at CAD CPI i think it was very bad data yet price moved up see this kind of thing time after time, a lot more ...
Kravens Commercial test thread
- kdx replied Jul 13, 2010
Yes EU is tricky, however looking the charts its reasonably supported in this area. You have support around 1.2550 area than you have E365 around 70 points further below which should provide some support if price go there. I was going to take the ...
Kravens Commercial test thread
- kdx replied Jul 13, 2010
Ok guys after hunting around for almost two hours two trades are in the making one is aud/jpy, reason I'm not taking that trade and not posting chart is stop needs to be over 80pips if the trade were successful you wlll be looking at around 60-65 ...
Kravens Commercial test thread
- kdx replied Jul 13, 2010
Morning guys Firstly my update from my open trades... Euro/jpy banked 36+ pips moved stop to BE at 111.46, got stopped out on half position. Gbp/Usd Got stopped out on my free half trade also.... Total pips from yesterday 85+ pips. Lets get on with ...
Kravens Commercial test thread
- kdx replied Jul 12, 2010
Ok Guys my review for the day gbp/usd: banked +49 pips and moved stop to BE I did post I will close at 1.5090 area price reached 1.5086 if that were real trade would have closed, but since we are testing systems this trade is still open. Euro/jpy ...
Kravens Commercial test thread
- kdx replied Jul 12, 2010
EJ 1H — OK I'm just about to take this trade right now, quick explanation setup occured on EJ 1H after Rail Track candle formation all other criteria is met, but also you have a divergence price has made a lower low where as stochatic is flat ...
Kravens Commercial test thread
- kdx replied Jul 12, 2010
Ok Target 1 has been hit for my GU trade at 1.5025 thats 49+ pips stop now at 1.49.84, final target around 1.5090 again this is subject to change as the upper BB will come down as price moves.
Kravens Commercial test thread
- kdx replied Jul 12, 2010
The EU trade has not quite setup from my previous post. I was looking at the bullish pin as a reversal that has now closed as a doji, however looking at the current chart we have a broken Trendline and a close below it on 1H, E200 is currently ...
Kravens Commercial test thread
- kdx replied Jul 12, 2010
good possible trade setting up on EU 1H, another advantage of this possible trade is stop will be placed right under the E200, all other conditions for B setup look in place still around 20 mins to go. Will update.
Kravens Commercial test thread
- kdx replied Jul 12, 2010
Yes its true I like it bcz there is a lot of emphasis on price action its also quite similar to how I normally trade so I literally picked up system in mins, however if you look at my current trade than I would say its a little risky bcz price is ...
Kravens Commercial test thread
- kdx replied Jul 12, 2010
Ok Entered GU as per trade rules at 1.49.84 Stop 1.4934 TP1 around 1.5025
Kravens Commercial test thread
- kdx replied Jul 12, 2010
I forgot to say that all other conditions for trade have been met I'll post them for ref here again in future I wont do this as time consuming so expect everyone to see trade has been taken by meeting all system criteria. T/F 1 hr GBP/USD 1. Lower ...
Kravens Commercial test thread
- kdx replied Jul 12, 2010
Want to post a possible trade setup, still have almost 5 mins left for current candle to close, but if current candle closes as a railroad ie green candle same size as body of red candle I will enter trade at close of current candle. Entry around ...
Kravens Commercial test thread
- kdx replied Jul 12, 2010
I just wanted to show what a trade looks like this is on M15 not sure If I will trade of this timeframe, even if its on demo, but here is a trade thats working. OK. If you look at this current chart price touched the lower bollinger band 1st ...
Kravens Commercial test thread
- kdx replied Jul 12, 2010
Sorry made a mistake by posting chart with no commentary, ok the chart I posted in the last post is GBP/USD 4hr, now two of the conditions for the trade are met which are price has touched lower bollinger band and stochastic is in oversold ...
Kravens Commercial test thread
- kdx replied Jul 12, 2010
Morning Guys. Ok I'm testing the Forex Powerband Dminator system, Just a very quick breif overview the system uses 3 indicators which are stochastic, bollingerbands and moving averages which are E365 and E200 both applied to close. The trades are ...
Kravens Commercial test thread
- kdx replied Jun 27, 2010
Hey Forextrader4 I think your posts and explanations are great for those that are relatively new to this game like me, So please continue to post all your trades on here as like me I'm sure many others find it very useful. I read a few posts back ...
Cable Update (GBPUSD)