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    • tourderob replied Feb 12, 2013

      Agreed. I'd much rather the steady pull backs then extension toward the trend than the volatile 200 pip sharp swings. So much of this is psychological. For this pair the lower timeframes < Daily (perhaps 4h) will drive the unsuspecting trader crazy ...

      Geppy's Geppy Thread (GBP/JPY)
    • tourderob replied Feb 8, 2013

      Like I said, artificially placed stops based upon a number of pips is unwise as it is not based upon price action, s/r, or fibo levels (s/r levels). Better to know your tolerance and size your trade accordingly. NY session is in a rally as ...

      Geppy's Geppy Thread (GBP/JPY)
    • tourderob replied Feb 7, 2013

      Been in a long since 144.00 and adding positions as it continues higher. Obvious correction right now. But never trade current candle - always trade past data. I look at daily and weekly timeframes and use the 15min for add in positions on pull ...

      Geppy's Geppy Thread (GBP/JPY)
    • tourderob replied Apr 3, 2010

      heh — No, I understood what you were saying. I only picked up the 100% from your post to elaborate further. Wasn't calling you or anyone else lazy per say. Sorry about the confusion mate... and if you can manage it, I'll be on that tropical ...

      Indicator Free Trading - Skunny
    • tourderob replied Jan 2, 2008

      Being new myself take this with a grain of salt because I could be wrong, I think that I am gathering that one is always in a cycle... it doesn't end or complete. You need to determine which part of the cycle you are in to make a good trade.

      Indicator Free Trading - Skunny
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