Thanks, but I meant USD/CHF not GPB/CHF, also do you trade GPB/CHF?
Do you have any preferred pairs for this system?
ups, here is the correct chart, same oranges circles.
Yes, I also trade GBP/CHF, but depends on the signal and if there is enough room for profits, the spread of this pair is 6 pips. Gold is also a very good to trade, very good signals.
EUR/AUD
I’m short, possible movement of 30 to 50 pips, we will see.
This is the chart, the price closed below a Support (not as much as I want) and all the parameters are in line. I located the next support almost 50 pips, but I will take 30 if the market let me.
Result: + 30 pips,
Hi Spike
That was a very good entry, I missed it, to be honest it was a better entry than mine in eur/cad.
A lot of good signals happened today.
Congrats again
This may seems stupid but I had a 15 pips stop loss and there was a spike which hit my SL, but is OK, my pip value is very small because I’m testing the system at this moment and I counting this as a win, but what other entries, I didn’t saw good entries after that. Can you tell me the pairs and I’ll check.
OMG Spike, I can’t believe that…
The pairs are: EUR/USD, GBP/CHF, EUR/JPY.
Hi Spike
It will be great to chat via msn, but I’m not able to send my email address, I was warned because of that. But there is a chat room just above of the screen. We can make a try. Unfortunately I’ll not be here to much time today, but the rest of the week I’ll be here.
Ok, good luck today with your trades.
Daniel.
2 trades
The first one, I closed it to soon, way to soon because I was scared by that overshoot line , the second one it was a classic 30 pips.
Very good trades!!!
Today was an incredible day for this strategy, lot of pips in gbp/usd, eur/jpy, eur/gbp, usd/cad, eur/usd, aud/usd, gbp/jpy, usd/chf, usd/jpy, eur/cad, and gold. All of them provided a 30 pip movement, and I could not be in the market today, what a shame :mad:.
Well, we will see tomorrow what the market can give us.
I was thinking that according with your support/resistance levels in the usd/chf, you could get at least 20 pips, how much pips did you get in that trade?
usd/chf gave a buy signal after that trade, I’m wondering where you plot your s/r levels.
Thanks
you’re right there was a good day for this strategy, the market moved that way due to lots of news releases I guess, I saw almost all trades but I didn’t entered most of them due to support and resistance and when I wanted to enter there was to late.
I can’t figure support and resistance, how do you plot them?
Spike
Well I use 1 and 4hrs to draw them, they should not give any problem. How do you draw them?
I am in the chat room, let’s try it…
I can’t log in into the chat room , I get the message invalid username and password do you did something special for logging into the chat room?
Hi Spike
I just entered. I did not have to include any username or pass.
for some unknown reason I can’t enter into the chat-room, anyway how was today for you, there was lots of opportunities, I made 50 pips or so, but I could make much more.
hello again Daniel, glad to see it’s still going well for you using this…I may be able to help with SR levels. Open a daily chart. draw lines at low, high, open and close of daily candles (2 candles ‘days’ above, 2 below current price normal does for the day unless we get a big move, we’ll call this the ‘zone’)…look in the past, last time price was in this zone, and mark the HLOC of daily candles then…you will see often these lines are HLOC many times…These are EXCELLENT SR levels. price will bounce off most of these through the day.
As for chatting use skype. easy, free.
