Yeah, fire away with questions. The whole point of doing this is to get help refining the method and to help other people see what I see while I'm piling all these pips into my balance. That's why there's no point posting to myself every day! I am ...

The Seventh Wave

Ok fellas, thanks for the above. It did seem like a pointless task when I did 7 posts in a row and noone else chipping in. Anyway, the method is doing fine. First basket closed out for about 400 pips all told with tweaks. I'm mulling over a few ...

The Seventh Wave

Banked another hefty profit with the help of the eur pairs. It seems noone is interested in this method of trading so I'll stop posting. Maybe because there is no new magic indicator? It can't be as simple as just buying or selling with the trend ...

The Seventh Wave

Dead thread but what the heck. Try scrolling the calendar page down on this forum, look on the bottom left hand side. If you want to hedge yourself for a carry trade try buying aud/jpy and nzd/jpy and selling usd/jpy and chf/jpy, pays a good swap ...

Extreme long term Hedged Carry Trade Position Building journal

Gbpaud closed for a loss, oh well basket going ok. All the eur pairs look like putting in another nice impulse day and added gbpusd and audusd. Also added gbpcad and gbpjpy short. Let's see how these develop.

The Seventh Wave

Closed eurusd for +50 pips to take some profit off the table, out of all of them it's the one that has the most potential to pull back I think.

The Seventh Wave

Just sold gbpaud looking for 1.50, 1:1 RR. A nice little trade by the look of it.

The Seventh Wave

I've closed out eurchf for more or less breakeven as it looks like the chf is weakening as fast as the eur. Floating around 280 pips up on the other trades now. I've tried heiken ashi candles on the other charts and I think that could be the way to ...

The Seventh Wave

Nearly 200 pips up in 2 hours, not too bad I'm going to let these trades run as much as possible. When I think about it the whole idea of finding good trades and then closing them because an arbitrary equity level has been reached doesn't make ...

The Seventh Wave

Here we go, first trades of the year, I am short all eur/major pairs. Watching gbp and aud pairs closely...

The Seventh Wave

Everything going against the trend today, still watching and waiting ready for the main trend to resume. I'm expecting some usd strength to kick in soon and then there should be a good basket to be had.

The Seventh Wave

This is an old thread but for anyone reading and interested in the usd hedge from the first page try using the equity guard ea (search for it) to limit your total loss and to take profit at a set equity gain. This could easily make the difference ...

Please suggest a simple & effective Method/System of "Trading System" Forum to...

Looks like a valid trade to me...

Does this simple system by Richard Donchian really work?

Just how much acid did you take this morning??? Those charts are wild man!

Does this simple system by Richard Donchian really work?

Cheers mate, you know if anything's worth doing you'll be the first to know. Awaiting your new thread eagerly.

The Seventh Wave

All eur pairs looking weak today, still very quiet markets so may just watch this time. Better to wait for everything to line up than to just jump in.

The Seventh Wave

I did mention on Dec 20th that the rules being followed are not correct. No need to close the thread, I believe the rules in post 1 are actually correct it's just their interpretation that's wrong and the poster 2 or so up is correct with his ...

Does this simple system by Richard Donchian really work?

I'm trying something out ready for the new year. Try just putting grid lines every 500 pips or 200 on eurgbp and some jpy pairs in conjunction with the 3sma (typical). Seems to work nicely, watch the price bounce around between the lines. It's easy ...

The Seventh Wave

It is a very quiet time of year as most traders are on holiday so the markets will be unpredictable. Best not to trade until the start of the new year.

Trading system using relative strength