Regards,
Muthu.
Chennai.
India.
Photobucket site is down for maintenance. I will post bigger charts once it is up. For now Kindly bear with the inconvenience of looking at smaller charts.
Edit : Ok it is up now and here are the bigger charts.
Regards,
Muthu.
Chennai.
India.
Hi Muthu
Are any of you guys trading this live at the moment or are you still demo trading. It seems to have been profitable over a period now.
Hi,
I am operating a small live account. I do have a demo account that i use to try new systems/setups et al. This system has also produced losers. All trades both win and loss is here in this thread.
Regards,
Muthu.
GBPUSD trade just taken, + 11 pips, could have held for way more but wanted to lock the profit in!
gbl83
Hello to all.
I just found this thread, and I’ll post secondary system, which automatically draws the box to h’m want.
I have never used this system a lot, but I see that your approach is different, and I want to share this indicator, because you have opened my eyes.:o
You may already have one, I do not know, because I have not read the whole thread.
Sorry for my poor English.
Best regards.
SURE_FOREX_SYSTEM.zip (419 KB)
Unfortunatly had a loss today -9 pips.
Should have taken more note of the price. Seemed to respect the 1.3500 psychological level. After price broke trend line it struggled to go lower for about 10 minutes.
Was a good choice to get out when i did as price is now hitting the top trend line.
Muthu are you still out there?
gbl83
Hi didilut,
I dont use mt4 so dont need the indicator, i like to draw them in myself anyways.
Have you had any luck with this strategy lately?
gbl83
Yes I am here. I have a 12 hour shift that restricts my trading hours. So I am unable to keep up with both work and trade. However, as and when time permits I will trade and post.
Regards,
Muthu.
12 hour shifts are not fun at all! Hope you can get back to it soon and make some pips
gbl83
Managed to get +9 pips from the euro today. Important note to others using this startegy is to have your pivots on your charts for exits. Didnt have mine up and sold out a little too early. If i had the pivots on i would have had a clearer exit point and made another 8-10 pips.
Here are the 2 charts with pivots and without to show you the importance. Price respected S1 quite nicely.
gbl83
Cable today gave us an early breakout opportunity. Got + 9 pips, entry was on the break of the trend line.
gbl83
Hi Good going there. Careful with Cable. If you aiming for ten pips you give the market 4 pips on spreads and we all know how cable moves. Euro looked better to me trading for smaller profits. Kindly post bigger charts using photobucket. I am still not able to trade like i used to due to time constraints.
Regards,
Muthu.