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Nofx replied Nov 16, 2007Hi ET! That is a hard question to answer. I do not always wait for a candle to close below an S/R level or pivot - I usually look at market momentum at the time of the cross. If momentum is strong I may jump in before a close. If price seems to be ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 16, 2007Hi Adam, As of yet I have not experienced any big spikes on MT4 that were not reflected on EFX but at the same time the price is sometimes different. It does not seem to pose a problem however as the MT4 charts show the general direction of the ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 16, 2007She loves me man!
I guess the feeling is mutual - I don't know what I would do without her. Maybe have a few less eggs - LOL! Have a great weekend. DogstylerSupernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 16, 2007LOL! I thought you might like that Flyboy. Actually, I do have a pip goal (maybe not a quota). My aim is 50 pips a day. I figure that any sensible person could make a nice living off of 50 pips a day. Gnat you are the best! Have a great weekend and ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 16, 2007Hi ET! No, I did not take that trade and you hit upon the reason quite nicely. As you can see price has been dancing off the S1 and in that area so I would like to see a break of that level. Just look at the last several hours on the 15 min chart ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 16, 2007Hi Adam! I have not really experienced any problems with the different charts/platforms. I use MT4 for charting and EFX for a broker and I always just take the trading signals straight from MT4 and broker be damned - lol. Thing is it works out fine ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 16, 2007Hola Gnat! Good morning to you! Yes, the trades have been good - especially the ones I stayed out of.
Hope you are well, DogstylerSupernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 16, 2007Yes indeed - I find the Asian session to be a great source of pips.
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007I am going to go sleep for a couple hours and if you guys get a good break and a decent trade I wish you massive pips. Talk to you all later. Sleepy dog
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007The previous day's S2 pivot was at 225.93 - So I was not eager to jump in until I had significant momentum past 225.00.
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007Hey wolfer! Spot on man! I did not take this trade either. Price is bouncing off the psych level of 225.00 and also a previous pivot. Takes a little getting used to and don't just jump into any trade because the indi's give you a signal. I am going ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007Hi all, Just got stopped out of this trade. I had moved my stop up to lock in profits on the second half of my position. So the first half was closed out at +20 pips and the second half was stopped out at +40. All in all a nice little trade. Good ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007Hi Vlad, Psychological levels are generally determined to be at .50 or .00 levels. For example: 226.00 or 226.50 etc. Price tends to pause or reverse at these levels. The strongest of these being a round number which ends in .00 NOFX
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007Hi Vlad! Firstly I do not use PSAR whatsoever in any capacity. I took this trade as well but placed my stop above the T3 which also happened to be above a previous resistance point on the pivots. As you can see I waited to enter until after price ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007Gnight Gnat, Catch you in your morning! Hope all is well in eggland and you are refreshed for another attempt at this beast. Doggy
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007Here it is... — Wolfeman, I have included all of the indicators as well as the template that I use in this zip. Some explanation is probably in order here - lol. First, the pivot indicator seems to be a little nutty on the beginning of a new ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007Hi there Wolfer! Glad to see you have remedied the computer disaster. I do not have a copy of the original template but I would be glad to give you the one I use if you need it. (We canines must stick together). It is also a fairly simple matter to ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007Well I may branch out and try something like you suggest ie EUR/JPY on larger time frame. For now the GBP/JPY is providing me with enough pips for even my darkest and most greedy side - LOL! I really must be off to bed now - I will check back in a ...
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007I only trade GBP/JPY. Have a good one, NOFX
Supernova GBP/JPY Mini Trend Catcher
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Nofx replied Nov 15, 2007Gnatster, I only trade the Guppy and only the 15 min time frame. I suppose this would work in some capacity with other pairs and various settings for different time frames. It is certainly worth exploring! I only have experience with this particular ...
Supernova GBP/JPY Mini Trend Catcher