[-ForexPhantom-] Daily Crossover System

…somebody’s watching me!

Hello everyone,

I’m watching two currencies right now: USD/CAD & AUD/USD.

USD/CAD – LONG entry possibility
AUD/USD – SHORT entry possibility

Thanks,

-ForexPhantom-

i m all eyes too

hey, thanks for your help, I cant view your zip file.

I would like to try the cross over with the daily chart, I need the settings of your indicators. Thanks again, keep it up and I hope you (and we) all succeed. :smiley:

took three trades late pm UK time

usd/cad +9 buy
aud/usd +36 sell
eur/jpy -87 sell stopped out on a 85 TS

But, both without the general trend i think.

Per the Previous Page:

The BLUE Moving average has a period of 1 and is linear weighted.
The RED moving average has a period of 4 and is linear weighted.

I use a dotted line for the BLUE MA, and a solid thin line for the RED MA.

Took EU trade:

Short at 2009.03.24 16:02 (GMT) with TS 75pips

  • Currently +86pips ; Lock in +13pips

Greetings,

Well, my two predictions came true. Unfortunately, my broker will not let me place a trade on the AUD/USD at .01 size lot!! Not sure why.

I just got in LONG on the USD/CAD @ 1.2323. It is a little late for my tastes, but it should still have a lot of fight left in it.

Hope everyone is enjoying the system so far.

Take care,

-ForexPhantom-

Very nice!

:smiley:

-ForexPhantom-

1 Like

GU crossing - ready to short ?

I’m gonna watch it closely over the next half hour. It seems like a perfect trade opportunity, but I’m gonna wait a bit and see what happens.

Good find.

-ForexPhantom-

Still too close to call.

I’m still watching anxiously.

If it crosses, even just a tiny bit, we will have a perfect entry point! :smiley:

Thanks,

-ForexPhantom-

I’ve sold the EJ @ 131.73 – .01 Lot.

T/S = 75

Thanks,

-ForexPhantom-

Phantom,

I’m right with you on this one…but I got in an early SELL @ 132.14

Bob in Wisconsin

Let’s hope it gets on the right track hahaha.

:smiley:

-ForexPhantom-

Hey forexphantom, would you by anychance know how to unzip some of these files. I’ve been having a hard time these last few days doing this. I have windows vista, if that helps. Thanks for your help and keep up the good work, im following.

:cool: The MA’s barely crossed on the cable (GU), so I am short @ 1.4631
Yes…this on a live IBFX account, BUT this is only a nanoaccount entry ($.01) per pip for the time being.

Anyone else take this trade?

So… I currently have 4 trades running:

USD/CAD +43 pips
AUD/USD +54 pips
EUR/JPY +29 pips
GBP/JPY +01 pip

Phantom, what’s your current thinking about SL, TP and trailing stop? I put a trailing stop on one of these trades earlier @ 100 pips, and it came all the way back and stopped me out for only a 10 pip profit. Then, I reentered. This was just experimental, but I didn’t like the “feel” of it…so currently I am using 300 pip SL with no TP and no trailing stop on all trades. I really could use some pointers, with this. Thanks in advance.

Good Trading y’all!
Bob in Wisconsin

I am in with the following:

Short EU ; +90pips; Lock in +36pips
Long UC; +4pips
Short AU; +12pips
Short EJ; +43pips; Lock in +13pips

All above with TS 75pips

Took a couple more this morning and closed one out - looking good.

aud/usd buy +109 profit taken :slight_smile:
usd/cad +57 sell open
aud/jpy +21 sell open
cad/jpy +8 sell open
gbp/usd +39 sell open

Out now so 100 profit and 100 sl set

Updates

EJ was stop out (hit SL) with +13pips :confused: