+1

5 PIPS - Only Five

Excellent, put me down as #6 for the yes vote. Are you going to shut down the EA on Thur when the ECB announces the interest rate decision ?

MGH System (Martingale Grid & Hedging)

I went to bed and woke up to another 100 point move. Bulls are having a field day..

USD/JPY Discussion

The underlying message from the BOJ..go long any xxx/JPY pair and we will guarantee you make money. I'm sure that's sustainable...Ironically for those of us that live in the US, the "recovery" is built on a house of cards and not systemic..

USD/JPY Discussion

108.15 at the start of the week to 112.45 today. I was looking for 110 by the end of the year, but looks like the exuberant bulls may see their 115 level. I do find it oddly convenient that the FOMC released a very hawkish message versus their ...

USD/JPY Discussion

?? The purpose of online threads are for learning a concept and making it your own, not to be spoon fed someone elses EA. The concept of MGH is freely available and anyone can modify or code or manually trade it.

MGH System (Martingale Grid & Hedging)

Yep, I'm also watching EU and GU as a determination of US strength. Both are down about 100-110 points.

USD/JPY Discussion

70 points and still rising..what goes up must come down. The question is when...

USD/JPY Discussion

Lots of anticipation. Will see if the market has already priced in a dovish FOMC.

USD/JPY Discussion

Paracelsus, Why did you buy at .65 lots after the 2 .10 lot buys before it ?

MGH System (Martingale Grid & Hedging)

20 points on entries between trades as well as profit target or just profit targets ?

MGH System (Martingale Grid & Hedging)

Paracelsus, what was the reason for going to a $20 vs $10 profit target that you had back in post 660 ? A 10 point move would hit more frequently than a 20 point move. Less profit but higher % of probability.

MGH System (Martingale Grid & Hedging)

Excellent idea on the implementation of a trade rescue and a with a small profit (added bonus). Theoretically this will eliminate the "danglers" of the trades at the extreme highs and lows and keep the baskets and capital from getting too high. It ...

MGH System (Martingale Grid & Hedging)

Thank you for the explanation and information Paracelsus.

MGH System (Martingale Grid & Hedging)

Paracelsus, For clarification: What are you referring to as a 2 step vs 3 step grid and "inside" hedge ?

MGH System (Martingale Grid & Hedging)

Depends on how deep the pockets are of the big players..previous resistance was around the 108.40 level.

USD/JPY Discussion

Strong push through the 108 level..I smell a bull trap by the big players.

USD/JPY Discussion

Bears are trying to push it below 106.75 but have been rejected..so far.

USD/JPY Discussion

A 15 point range for the last 12 hours.....was wondering myself.

USD/JPY Discussion

A lot of sideways chop here. Looking for a break above 107.30 or break below 106.90 for direction.

USD/JPY Discussion