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LuckyLurker replied May 3, 2008Its like an automated indicator that will trade for you based on a pre set conditional.. Like an MA cross or anything.. it will place a trade for you when your signal fires.. can be programmed for just about any system depending on the skills of the ...
Cable Update (GBPUSD)
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LuckyLurker replied May 3, 2008Turveyd, That nutter under your sig cracks me up every time I see it. Good stuff m8.
Cable Update (GBPUSD)
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LuckyLurker replied May 3, 2008Yes for sure. It's profitable for me because Ive been doing it for years. Since this is the cable thread I have to mention it somewhere in here, but it's important I think to really concentrate on one pair and understand it's price action. I know my ...
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008Nice.. I rarely if ever enter off of the 50.. it acts more of a signal for reversal when the price finally breaks through it etc etc..
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008it's not really a system per say. I watch 4h price action, trade the trend lines and find entry / exits in the 5m watching breakouts and MA pullbacks. I'm sure you've seen Phillip Nel around.. he has some great systems on here.. if you are ...
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008Have a great weekend! — regarding when to pull the trigger on the pull-back.. Its just something you get a feel for.. you don't have to nail it to the pip. What I do is try to estimate where the 10/21 will be when the price looks like its ...
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008Hi LP, Always trading the 4h trend. I took these positions before the actual price move. I had planned on a short day based on the price channel on my 4h.. Those entries i posted on the 10ema were just points that I called out for those looking to ...
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008Yes 10EMA - 21EMA channel consistently puts money in my pocket. On a nice cable run you'll usually get 2 great entry's, but the 3rd will typically pull back through it to that 50 ma.. which is the Khaki on my chart.. Then at the 50 today you could ...
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008In text form mostly, every once in a while ill get frisky and do a graphic.. In this case since you asked made it worth it to do. White is a 10EMA on 5m. This is my entry and exit chart. I use this with a 4H to get the trend of how Ill trade the 5m.
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008Just had 2 positions today.. Although I've seen NFP days go all afternoon, seems to usually die off around noon as people take off early. I was out of market before lunch.
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008I posted for most of this, but heres my action today. Needed to do this for my journal anyway.
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008POS 2 closed for +88 .. Have a nice weekend all.
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008Closed 1 position for +112.. other is locked at PTSL 9755..
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008More money entering the market now. 4 minutes.
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008will prob pull back to 9752 then retest. another possible entry.. a little riskier now though.
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008ive locked in some nice pips so I'll let it test 9722, two times.. on the second fail ill take profit depending on the time.. if it breaks 9722 ill set a trail of 30 pips
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008there was the test of 9780.. another good entry point.. moving my stops to 9805 to lock in some pips.
Cable Update (GBPUSD)
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LuckyLurker replied May 2, 2008Id love to see a test of 9722 right now.. possible slight pull back to 9780, then test of the low.
Cable Update (GBPUSD)