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- piprac replied Oct 16, 2012
I went long the gbp/usd this morning at 07:17 cdt/US; it is the start of the next 4 hour segment. Entry @ 1.1635?SL=1.6088/TP=1.6191, a slightly better than 1:1 RR (but not much.) The pr is not moving very much and price action is pretty much over ...
Odds are with a 4hr KISS
- piprac replied Oct 15, 2012
To Tom et al — I have had a struggle with forex since coming back from my August break. Looked at several different trading ideas but have decided I will learn this one down to the last detail. Any time I set an overnight buy or sell stop ...
Simple 7 Strategy
- piprac replied Oct 14, 2012
Yes, that I get and I can see the trend direction but my question is: is the fourth candle from the right a valid entry candle? I believe it is but would like confirmation. Thanks, p.
Simple Money Making Method
- piprac replied Oct 14, 2012
I have just started reading this thread yesterday and as such I haven't even demo traded the strategy but wouldn't the 4th candle in from the right be a short entry? I'm just asking as I want to know if I see an entry as shown in Post #1. Thanks, p.
Simple Money Making Method
- piprac replied Oct 14, 2012
yes, sorry as I mistakenly thought you were the thread's originator.
Simple Money Making Method
- piprac replied Oct 14, 2012
For this strategy I only look at 8 prs, ones most likely to have good volume during the NY session. Consequently I don't see a lot of possibilities but it is a good strat. And I too wish this thread was more active even for trades during other ...
Odds are with a 4hr KISS
- piprac replied Oct 13, 2012
Your 1st sentance in your starting post claims 80% so yes, a little humility goes a long way.
Simple Money Making Method
- piprac replied Oct 10, 2012
Well now what? I can get the zero level to show in the gbp/usd but not in the eur/usd using either the "Indicators" or "Custom Indicators." I just love computers.
The 200s setup
- piprac replied Oct 10, 2012
I had trouble too so I went to the "Custom Indicators" section and set it there.
The 200s setup
- piprac replied Oct 10, 2012
So the 4H filter candle does not have to be above/below the sma, just bearish or bullish, correct? edit: a 50 pip SL seems quite large for a 15M TF, an ATR(14) shows 10. I would probably test 2X the ATR for a SL personally.
The 200s setup
- piprac commented Oct 10, 2012
What? You people don't trust Golman Sachs & the WSJ, I'm shocked.
Goldman Sees Aussie Trade Of The Century
- piprac replied Oct 9, 2012
I am jumping the gun by about 15 minutes but I have sold 2 mini lots of the chf/jpy with 1 lot having a TP @83.157 & the 2nd has a TP @ 81.592. Todays candle is fairly big so I made the SL for both trades half of the open to close distance. My ...
Daily Chart w/ 10sma
- piprac replied Oct 9, 2012
Minnesota - and it is already getting cold here! I haven't been able to get the swiss army indie loaded but I will try and puzzle it out and read more about it on forex-tsd. May have question(s) for you tomorrow. p. p.s. - we lived in Bellaire in ...
Daily Chart w/ 10sma
- piprac replied Oct 9, 2012
gbp/usd — I was 2 days late catching the downward move on this pair but early this morning I shorted @ 1.6040 and now have my SL @ 1.6020 so I have a free trade going and hoping for more. Price is currently bouncing around 1.599xx. The chf/jpy ...
Daily Chart w/ 10sma
- piprac replied Oct 8, 2012
Texan — Thank you and I'm sure I will have questions Tue. or Wed.
Daily Chart w/ 10sma
- piprac replied Oct 8, 2012
another one — Texan - I printed these instructions too but again forgot where or when - 1. Right click on chart then select "save as picture" 2. Click active chart..ok..then save somewhere such as pictures 3. Then in the reply to post area ...
Daily Chart w/ 10sma
- piprac replied Oct 8, 2012
not mt4 smart myself — I wish i had noted where I got these instructions, hope I can help: 1. click "Attachment" at the top of Reply or Quote page; 2. click "Choose File" in the new window; 3. click "Upload"; 4. click "Close" (or "Close the ...
Daily Chart w/ 10sma
- piprac replied Oct 8, 2012
I found the Swiss army EA, do you mind posting your presets? Learning from the master. I also wonder if you don't set a TP, just let the trade run until it retraces 30 pips. Thanks for your help, p.
Daily Chart w/ 10sma