I’ve got a sell going, but the last 2 candles bounced off the center bb so hanging on to the short for now but ready to close if looks like it’s not going to continue down. Basing it on my HA chart even though the usual 1h chart hasn’t crossed.
I was looking at it going back upward off not only that mid boll but the trendline I drew on the 1h chart:
But since we are heading into this crappy afternoon consolidation period and tomorrow is the holiday, maybe just not bother…?
yeah you could be right. based on my 1h I should be in a buy since it’s all still above center bb. But with the time of day and holiday, I may just close my sell and leave it alone till next week, Tomorrow and Friday I may not get a chance to look in on it.
MP you were right about that up trend. I close my short earlier and locked in about 20 pips on that little up move just now
Long time no see Oskar. 
Hope you stick around in this thread… your input would be valuable… we’d even let you take time out to go watch ‘Hells Kitchen’. :D:D
I have been playing around with the ‘tunnel of five’ recently and instead of using a high/ low 5 sma or a 5:1 boll I went back to using LWMA but low/ high instead of the 3/6/9 line up.
I have attached my chart… might need to expand to 500% to get a good look.
so you’ve got lwma 6 and 9 ? high low. Looks good. I like that better than multiple bollingers, with all those bb center lines the chart gets kind of cluttered. with monitors the size of yours that may not be such a big deal. But the MAs I think give as good a result. I have 7period MA channel on my 1H and I like it.
Did you happen to look at that IM I sent? Curious to hear what you think of that open orders chart. Would it be useful to look at to get an idea of where all the other traders have their orders?
5LWMA applied to the high
5LWMA applied to the low
?
Little bit faster?
Sorry, just saw the figures on your chart.
D1:2:1 boll crossing the LWMA 2 tunnel?
H4:NA
H1: 2 over 4
M15: 3 over 6
M5: 6 over 9
Speaking of which, I went short from 1.6715 a little later but there is a lot of support in the way…could be tricky?
I’ve tweaked a bit Mike as well as using LWMA I have the following… 5m 6 & 9 High/Low. 15m 3 & 6 High/Low. 1h 2 & 4 High/Low as well as a 2:1 boll for the step across/ flat top and finally on the daily 2 High/Low and 2:1 boll for step across/ flat top. Plus 20:2 boll on all charts.
Yes I did take a look last night. If its genuine its an outstanding offer. I’ve only seen one other broker offer this and you need an account opening balance of $25k and $1m plus volume trades a month.
Can you give me an idea of how to take advantage of it in trading? I’m not sure how to interpret it.
Email me if you want since it’s not really a component of our system here.
What do you mean by flat top?
Sounds about right SanMiguel. Yes I agree… just a quick counter trade, I’m still long on the daily for now.
Finally worth waiting for.
By jcgibson at 2009-11-25
Now I can go take my dog for a walk.
John
Waiting is not the goal, but may be a necessary stage in attaining the goal. We wait for what is worth waiting for, and in the process learn patience. (Prayer by Philip Yancey)
I’ll email you tomorrow Mike… I’m cheif cook, bottle washer and baby sitter [B]again[/B] tonight… ‘she that must be obeyed’ is on a solid month of nights… oh joy! 
Step across/ flat top or bottom refers to what the 2:1 boll does on the longer TF charts 1h/4h but specifically the daily. PA will wick and return inside the 2:1 boll causing a step across/ flat top or bottom and its usualy a good time to be looking at an entry for a longer term trade.
good trade jcgibson
Thanks Robert, have fun with the kids !
Ditto jcgibson… beers on you!
Do you wait for the high and low to cross or just one.
eg on shorts only take the crossing of the highs.
longs take the crossing of the lows?
Takes a bit of guesswork out of the tunnel alone but combines in the MAs - very intuitive.
Here is our friendly US regulators at there best.
Dear Interbank FX Customers:
As an aid to guide you in the new NFA margin requirement, we have included the table below for your review. As we have previously informed you, new regulations from the NFA, require 1% of the notional value of the contract for most pairs. In the past we have set notional value at 100,000 for a standard lot and 10,000 for a mini lot. We did this to make it as easy as possible for our clients. The new 1% margin requirement is calculated by taking Notional value of the base currency and converting it to USD. The base currency is defined as the first currency listed in the pair. For example a standard lot for the EUR/USD at a price of 1.5100 would have a notional value of 151,000 USD. Your margin requirement would be 1,510 or 1%.
For the USD/SGD, USD/ZAR the base currency has been set at 25,000 and a margin requirement of 4% of notional value.
Prices Margin Requirement
Pair Bid Ask Lot Size Standard Mini Micro Nano
AUD/CAD 0.97390 0.97460 1.00 $ 928.90 $ 92.89 $ 9.29 $ 0.93
AUD/CHF 0.92840 0.92910 1.00 $ 928.90 $ 92.89 $ 9.29 $ 0.93
AUD/JPY 81.290 81.350 1.00 $ 928.90 $ 92.89 $ 9.29 $ 0.93
AUD/NZD 1.27330 1.27470 1.00 $ 928.90 $ 92.89 $ 9.29 $ 0.93
AUD/USD 0.92890 0.92940 1.00 $ 928.90 $ 92.89 $ 9.29 $ 0.93
CHF/JPY 87.530 87.580 1.00 $1,000.50 $ 100.05 $ 10.01 $ 1.00
EUR/AUD 1.62380 1.62460 1.00 $1,508.90 $ 150.89 $ 15.09 $ 1.51
EUR/CAD 1.58200 1.58280 1.00 $1,508.90 $ 150.89 $ 15.09 $ 1.51
EUR/CHF 1.50850 1.50890 1.00 $1,508.90 $ 150.89 $ 15.09 $ 1.51
EUR/DKK 7.44070 7.44150 1.00 $1,508.90 $ 150.89 $ 15.09 $ 1.51
EUR/GBP 0.90490 0.90520 1.00 $1,508.90 $ 150.89 $ 15.09 $ 1.51
EUR/JPY 132.070 132.110 1.00 $1,508.90 $ 150.89 $ 15.09 $ 1.51
EUR/NZD 2.06890 2.07020 1.00 $1,508.90 $ 150.89 $ 15.09 $ 1.51
EUR/USD 1.50890 1.50910 1.00 $1,508.90 $ 150.89 $ 15.09 $ 1.51
GBP/CHF 0.00000 0.00000 1.00 $1,667.10 $ 166.71 $ 16.67 $ 1.67
GBP/JPY 145.900 145.970 1.00 $1,667.10 $ 166.71 $ 16.67 $ 1.67
GBP/NZD 2.28590 2.28750 1.00 $1,667.10 $ 166.71 $ 16.67 $ 1.67
GBP/USD 1.66710 1.66750 1.00 $1,667.10 $ 166.71 $ 16.67 $ 1.67
NZD/CHF 0.72840 0.72920 1.00 $ 728.90 $ 72.89 $ 7.29 $ 0.73
NZD/JPY 63.780 63.860 1.00 $ 728.90 $ 72.89 $ 7.29 $ 0.73
NZD/USD 0.72890 0.72940 1.00 $ 728.90 $ 72.89 $ 7.29 $ 0.73
USD/CAD 1.04840 1.04890 1.00 $1,000.00 $ 100.00 $ 10.00 $ 1.00
USD/CHF 0.99950 0.99990 1.00 $1,000.00 $ 100.00 $ 10.00 $ 1.00
USD/JPY 87.510 87.540 1.00 $1,000.00 $ 100.00 $ 10.00 $ 1.00
USD/SGD 1.37950 1.38050 1.00 $4,000.00 $ 400.00 $ 10.00 $ 4.00
USD/ZAR 7.32200 7.33940 1.00 $4,000.00 $ 400.00
I see your firing on all cylinders. Works best tonight on the 15m but during the London - New York its the same old set up. 20:2 entry trades and the green (faster LWMA) will confirm followed by the Red (slower LWMA). Broadly speaking if the trade is within both tunnels its acceptable, when outside its an entry signal. Caveat… look to the angle of the 20:2 boll.
Sorry… yes to all below first line.
[B]jcgibson[/B]
Dont like the weather here but at least we dont have … God bless their cotton socks… the NFA. 