Hi all, I'm new to your thread, and it looks very interesting. How/Where can I get your 5 Pips Sytem EA? Can't seem to find it

Magic 5 - five pips only

It's been 6 hours of pretty well straight up, so pretty much overbought atm... sideways action for a while I reckon

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sh 9281 based on bearish flag on 1HR

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after usdcad news I'm sh au from 9265.... SL 9368, TP 9333

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well, as i said, respecting the strong upward trend.... grabbed +2P on the little dip, now looking for bullish moves above 9330

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agreed rblackburn.... whilst I'm respecting the strength of the current au uptrend, I've taken a small sh from 9330. Finger on the close button just in the case our expected pullback doesn't occur.

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...the winds changed.... I took a +10P profit on this trade and now I'm long au from 9267... ichimoku on 1hr & 4hr support upward move.... TP at 9290.

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SL to BE, no-risk trade now, let's see what au will give us to the downside.... is there any more....?

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sh au 9275 SL 9288 TP 9205

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Hi all, I'm basing my sh from 9230 on the 1HR where price has pulled back up to 9240 and failed under the 21 & 55 EMAs. SL @ 9245, TP 9205.

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nope, the winds changed, so out at BE. There's not the buying interest now.

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london opening, au excited... the previous resistance at the 9135-ish area seems to have been broekn and retested now as support (based on H4) , so i am long from 9141. SL 9120, TP 9156.

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yes ssm my long failed and so I thought maybe the sentiment had changed.... it appears it has... so.... now I'm sh au from 9104, SL to BE, and from here it can do what it likes, but I'm seeing more bearish action, albeitwith the usual carry trade ...

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yep well it seemed that excitement was short-lived... I'd moved my SL to BE so no harm done.... (coulda grabbed the +5P but I thought it might head further north...)

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oh is it Risk Reward Ratio? 1R is equal to entry minus SL, etc...?

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hi all I'm l au from 9118 just after london opened, whether au is being carried along by gu strength at londons opening, we'll see.... hey Thunderdome, what does your 1R 2R etc mean?

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well that profit dried up as it reversed.... so much support around 9075..... anyway i'm now going long au from 9086.... lets see if thats the way the wind is blowing......

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au range bound and v frustrating atm.....

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Hi whackdiddy I agreed with yr earlier post re au being inconclusive and range bound..... That said I've entered a small sh at 9075. TP at 9058, the 55 ema on the 1hr. We'll see how it travels.......

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