Price is retracing a little because of the end of the day, so if you want to jump this is the moment. SL at 1.3465
ucad looks good too, price is above daily chart 100 and 200 sma, so a long trade would be trading in the direction of the trend. My opinion is that we can get a good entry next week, after a break of this week high and the middle bollinger band.
I’ll try it with a small lot, even though I think it may take a turn north not too far in the future… and I missed my ideal entry earlier today.
Thanks for the response and confirmation of my thoughts Gas. Will keep watching.
Best wishes
Well yes…anything can happen in the market. You just need to trust your rules, because it will make money in the long term. I dont know if this trade will be a losing or a winning one, I just follow my rules.
That would be a good target. Actually I see another support at 1.3145, which is october low, and would give as a better r/r. Thats my target for this trade
Took GCHF long at 1.4495 (4h trade)
On daily trades I have pendidn orders on aus/usd and nzd/usd:
1.0040 on aus/usd/
0.7630 on nzd/usd
happy trading!
Also pending order on daily chart of UCAD at 1.0270
At the moment:
Eur/usd +110
gbp/chf +60
ucad -30
Long usdcad @ 1.0275 on daily
Also watching aususd daily. If price were to cross middle band, it would also break last week’s low. So looks potentially like a nice entry,
thanks for letting me know tht Gasanvill. i see tht u hav to do alot of work for the 1h hour charts… bt does tht mean mor profit aswel…with less drawdown in pips fr each trade…
and yeh i like ur good news…it would be great if u could giv me tht information u hav?..il hav a look at it fr sure… and wil also stick to the 4h trades to… and thn slowly il build up to the daily trades hopefuly… bt id like to start of with sumthing smal with les drawdwns n les dangerous and thn build up the profits quickly and thn move up the lader to 4h and thn daily… wht do u think?
also i like hw ur recent e/u and g/chf 4h trades hav gone off smoothly… nice work!
OK, IM updating my trades:
Eur/usd +160
gbp/chf +120
usd/chf +69
aus/usd -36 (daily trade)
nzd/usd -6 (daily trade)
usd/cad 0 (daily trade)
gbp/usd -42
NET: +270
A good start, lets see if the 4h trades move quickly so I can move the SL to BE.
happy trading!
Man, I hardly speak and understand english. Please if you could write the words complete, I would appreciate it! lol
Pairs are trendin well, +330 at the moment. IM moving my Sl to BE on eur/usd, gbp/chf and usd/chf
IM placing a sell order at 120.60 on gbp/jpy (daily trade)
Haapy trading!!!
Good job Gas 
Wish I could take all these trades but my equity is in USDCAD which is going well.
Cheers,
Yes my ucad doing well too, +30 atm. Be patient this is adaily trade. Target around 1.0650 (october high)
lol sure…
'thanks for letting me know that Gasanvill. i see that you have to do a lot of work for the 1 hour charts… but does that mean more profit aswel? with less draw down in pips for each trade…?
and yeh i like your good news…it would be great if you could give me that information you have got?..i will have a look at it for sure… and will also stick to the 4 hour trades too… and then slowly i will build up to the daily trades hopefuly… but i would like to start off with some thing smal with less draw downs and less dangerous, and then build up the profits quickly and then move up the lader to 4 hour and then daily… what do u think of that?
also i like how your recent e/u and g/chf 4H trades are doing good smoothly… nice work!
i wish i had taken the e/u 4h trade…it did realy wel!
(let me know if you want me to make the english more beter for you)
OK, nowI can read
First, the timeframe doesnt hve to do anything with the profits or drawdown, because you adjust the ammount your risk according to the Stop loss. That is money management, you calculate how much of % of your account you risk per trade based on the stop loss. So you can make 10% ina atrade in a 4h hour chart or in a 5min chart. The only difference betwwen different timeframes is that the lower the timeframe, the more time you need of screen time.
I would suggest that you start with 1h charts, trading in the direction of the 4h trend. So first you need to take a look at 4h charts and determine the trend. And then swith to the 1h chart and only take trades in that direction. So really there is nothing complicated abour trading, is not easy, but is simple.
I will give you my backtest on 1h charts on the weekend
Happy trading!
Updating my trades:
eur/usd +312
gbp/chf +140
usd/chf +154
usd/cad + 68
gbp/usd +73
aus/usd + 21
nzd/usd 40
gbp/jpy -11
NET: +809.2 at the moment
I already moved the Sl to BE on eur/usd, usd/chf and gpc/chf.
The profit column is in pips, Alpari uses 5 decimasl, so just divide the Profit column by 10.
For safety reasons I never give my account size and order number.
Happy trading!!
by that i meant for example, for daily trades your stop loss would be placed to give enough room for the trade to breath…which say maybe 2-300 pip draw down, depending with the s/r areas ofcourse. And same for the 1 hour trade the stop loss would stil be placed at such a place for the trade to breath…say about mayb 50-100pip draw down roughly maximum… so the smaler the time frame the smaler the draw down in terms of pips if you know what i mean…? so thats why i was saying that i should mayb start with 1hour trades and then build up the equity to sustain higher drawdowns in terms of pips for the higher time frames of 4 hour and daily… what do u think?
thanks for the advice realy… i wil take a look at 4 hour charts and then look at the 1 hour charts for trading… for doing that would you recomend any indicators to use along with it? and your normal 20,2 BB rules for the 1 hour? and i may aswel take some good 4 hour trades… like the e/u 4 hour trade yesterday and today was amazing! i wish i had taken it!
and thanks…i wil look forward for the back test on the weekend…i apreaciate it.
by the way, loving your profits for all the pairs! nice work man!
just had 2 questions for you here if you dont mind…
how much did you risk altogether for trading all those pairs?
and also see for the g/jpy pair, was the daily chart midle band not going flat for your trade? and for the g/u daily the midle band is sloping down but the price didn’t come close to the top band?
thanks. hope you dont mind me asking alot of questions in this post…