update — Ok so I have attached teh chart from the overnight EUR/JPY trade plan. Looks like the long resulted ina 18 pip loss but the short from 99.90 is currently looking good. The indicator has now reset for the day so the new targets and CZ ...

Stairstep trading using the SQ dynamic indicator

Almost forgot — The zones that are drawn are for the current day only so the extension back to Fridays action is not a valid zone. If you dont understand that let me know. The period in teh above chart that has teh actual text "chart a". Shows ...

Stairstep trading using the SQ dynamic indicator

Trading the TPR indicator — There are 3 elements to this method. The entry element( the buy line and teh sell line ) The exit element ( the profit take points) ( I will get to my MM startegy in a later post if thats ok so that we can ...

Stairstep trading using the SQ dynamic indicator

Trading TPR — Thanks We might as well start with teh Fibtrader indicator.

Stairstep trading using the SQ dynamic indicator

Well well well seems that things have agian heated up in teh SSBO debate. So maybe its time I started posting. No i did not give up on the thread. Truth be told it took 3 attempts to start the thread befvore the moderators finnaly stepped in. The ...

Stairstep trading using the SQ dynamic indicator

euro — As you can see here on the chart there was an original CZ of 30 pips at the asian open. A little research would have shown that a 30 pip run ( from the channel break ) would have sent price to the 38 fib. Once that down trend line was ...

Stairstep trading using the SQ dynamic indicator

out — I was stopped out of the short for a 13 pip gain . Unfortunately didnt feel like sitting up all night and missed some good opps all around. For those that took a look the Eur trade refernced played out almost to the exact pip for a long ...

Stairstep trading using the SQ dynamic indicator

Eur — Interesting charts for the EUR/USD. A break lower of the current CZ would send price to the 38.2 fib retrace of todays move higher which might present a good opportunity to get long the pair. I will let you guys look at the charts to see ...

Stairstep trading using the SQ dynamic indicator

short with trend — Currently short NZDUSD

Stairstep trading using the SQ dynamic indicator

out — Ok so I am out with 36 pips It ran its projected course and over shot. No reason to be greedy. Have a great weekend everyone Week ending 4-13-2012 6 trades 5 wins 1 loss net pips gained 155 Biggest loser -23 ( counter trend trade) ...

Stairstep trading using the SQ dynamic indicator

clean example — I forgot to put this line on didnt really notice it till now former support now resitance

Stairstep trading using the SQ dynamic indicator

short gbp — Ok so I am now short on the breakout of teh CZ to the down side on the trendline violation

Stairstep trading using the SQ dynamic indicator

out — Ok so I am out for 5 pips on the trendline violation

Stairstep trading using the SQ dynamic indicator

trade manager — My entry coincides with the 61 fib of this current move up thru the CZ and the trendline thus far has held. A break of that trendline and the 61 fib will be enough for me to get the heck out of dodge.

Stairstep trading using the SQ dynamic indicator

the long — If you look at the chart you can see the things I referenced in the prior post. If you look at the chart I waited for a bounce off that 38 fib and then for an uptrend to form. This was valid because I could draw a trendline with 3 ...

Stairstep trading using the SQ dynamic indicator

couldnt resist — Thanks to the mods for once again cleaning up the thread. It does seem however that we are reaching more people over on the other side. As they are now looking at 4 hour charts for information. Ik nuff said on that I have ...

Stairstep trading using the SQ dynamic indicator

Oh well — So I was stopped out at 75 pips and ended up giving back about 25 of what could have gotten. No harm no foul still a good day and week. I think I am going to call it a week as far as trading. I will try and post my ideas for this ...

Stairstep trading using the SQ dynamic indicator

candles of death — Trade # 4 update I am not feeling real good about that candle of death hanging there. Tighten stop to a trailing 30. so 70 locked.

Stairstep trading using the SQ dynamic indicator

update — Stop now moved trailing with 38 fib. 45 locked will now move 10 for 10

Stairstep trading using the SQ dynamic indicator

tonights trade — Good Evening. I am still long the NZD/USD from this morning currently sitting on 70 pips ( trade #4 ) . The trade was taken long from a channel that formed with the trend. Please see earlier posts. Some of you may be wondering ...

Stairstep trading using the SQ dynamic indicator