Yeah I thought the same and closed out at break even. It did hit profit but not significantly which is a warning sign. Edit: didn’t realise I had already taken profit once and gone back in. Ha - not so bad. I always think ‘is it cheap to buy? Or ...

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Interesting, what is that code? I see a lot of position scaling there, what system are you following? Re your JPY post, I’m short the majors against JPY right now :-) good day indeed! I would imagine CHF and JPY will have a good run over the next ...

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Do we want this to go viral, Neil? Doesn’t that ruin the spirit of contrarianism?

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Absolutely - I am a big fan of trading off mean reversion as mentioned before. My friends who work for Goldman Sachs all use VWAP btw. Guess it’s not too laggy for them! :-) Edit: what’s the data source please? Always keen to look at new ideas.

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What is that VWAP or Hull Moving Average? God I got absolutely bummed on gbpnzd. Didn’t take profit then the market went up 2%. Shit happens. I should have known it was a bad time to be trading for NZD strength. Took revenge and opened usdcad and ...

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I get really frustrated when I miss out on profits. Should have had the s&p down easy. Grr, can’t play them all though. Did Hanover or someone else share the link to FerruFX’s strength indicator? Sorry I’m getting lost in all the posts and have been ...

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I tried something just for fun last night. I have a lot of books to read on position sizing but haven’t managed to find the time. So I played with my own ideas. I will generally scale from ATR/R multiple values anyway. However, I opened microlots on ...

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Its all a lie, a lie! Who wants to buy my trading system for £1? I am genuine Nomura employee 20 year trade v good yes all enrollees to [email protected]

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I’ve pretty much got the same open now, inc. eurgbp long. There’s circa 300 pips to the weekly upside and perhaps ATHs will be achieved given current climate. lets see what tomorrow brings! Edit: caught a lovely blow up (or down, more accurately) on ...

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My first thoughts would be 1) did you touch the code or settings? 2) think of currency strength the same as candles given they’re derived from them anyway, so you’ll get different readings based on price fluctuations across 15 min, 1hr, daily etc

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Also, would anyone know where I can get a decent paid for linebreak indi for MT4? Keen to test.

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Hanover, yourself and Neil aren’t going anywhere. Our brethren, this bond cannot be broken. Starts playing ‘I’ve got the brains, you’ve got the looks..... let’s make lots of moneeeey’ Edit: Hanover, thank you for your contributions. Aside from this ...

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I was thinking of using IC Markets as they’re ECN and have incredibly low fixed spreads. Neil also recommended ADSS on here before. I need a broker that has a platform for scaling out. Not only to Oanda close me out when I’m in profit but they don’t ...

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I love doubters, never mind 100% we give it 226%! Edit: I put my analysis here but didn't crop properly. Perhaps I'll update later...

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Pips galore. Had my euraud and eurnzd trades open, also snuck in an audnzd. Perhaps I wasn’t wrong about gbpaud and gbpnzd afterall. Tiny bit of news manipulation to drive the market where they want GBP shorts next? Edit: do not use Oanda. ...

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Gbpnzd went up 150 pips. The move down was a little trap Longs increased 6% from Monday Short opportunity almost ready but GBP is volatile right now. Might just go for reliable EUR

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Oh yikes - I thought it was just USD rate decision this week. That changes the perspective a lot. Retail are still long the pound so it’s going down soon, just a matter of when not if. Edit: seems like they’re dropping. Hmm institutions usually set ...

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Good work, you’re absolutely going about it the right way. Re currency strength, there’s always a winner over the course of a week with fluctuations intraday. E.g GBP took a hammering early this week and recovered today. Its currently weak in the ...

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I feel we’ll have another 24 hours or so of GBP moving up against AUD, NZD, JPY with a little bit of consolidation before it drops. I think it will continue down Friday through Monday next week. I’ve called it - let’s see if I’m wrong. Whenever you ...

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Ah - I’ve seen many RSIs that hit 100 at least and keep going. My point anyhow was that retracements / bull&bear traps never tend to exhaust or over extend by substantially breaking lines of ‘support and resistance’. They’re breathing points for ...

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