Slooooooooooow month -- — Why .. this is the slowest i have seen in about many months. atr below 2 for almost a full month now - momentum weaving up and down around the average line never peaking or sustaining. made one gain trade so far. it ...

My Gpb/Jpy trades

gained back up — This time the momentum is starting to deliver.

My Gpb/Jpy trades

loss described above — momentum shift ?? why?

My Gpb/Jpy trades

Reality Check? — About time! The momentum did a reversal w/o delivering. Traded long on MACD cross. Found it to reverse in no time without taking off. Took a 10% loss - 150pips. There seems to be a likelyhood of breakout below 150 and a major ...

My Gpb/Jpy trades

2 months and 50% gain — It has been 2 months since switching to the new strategy. Good going so far and i am quite happy with the switch. The strategy seems logical and doesn't seem to be affected by news event noise (since it is on a day time ...

My Gpb/Jpy trades

The offside trade on second? momentum lobe — The trade is on the off side and not bad since it is on a second lobe, it is exited 1.5atr = 300pips from the bottom of the ema tunnel.

My Gpb/Jpy trades

Trades — There was some loss by taking on a trade with momentum too old and stochs way down (below 10%).The losses were made up by subsequent gains once the second lobe started. (fine touch - only 1 atr gain for off side trades on first lobe) ...

My Gpb/Jpy trades

Losses and gains - Trading in the off side ; — Usually, trades are done in the direction of the momentum. an exception can be made when the second lobe remote end. This is for a clear second lobe with 1st lobe ending of the MACD ending near ...

My Gpb/Jpy trades

Back in the run — This trade is done with exits placed at 1 atr (since stochastics are not so good) from the base ema line. It could have been a little better by some 50 to 30 pips more.

My Gpb/Jpy trades

Charts added for above — Charts shown below

My Gpb/Jpy trades

Gained back up! — Profited back up - 4% - 100pip gain.

My Gpb/Jpy trades

False alarm - slight loss — THe candle stick was almost turned the other way and hit the boundary and bounced back. Momentum at fag end. stochastics over bought and pointing down. Bailed out. Turns out to be false alarm.

My Gpb/Jpy trades

Trades — Trades shown done over the past month. Mostly successful trades using strategy explained above. Currently using 4% to 8% margin. Total profit till date = 25%.

My Gpb/Jpy trades

Moving to a less stressful strategy using ema line boundaries — Using ema line boundaries and atr, completed 5 successful trades over last 2 weeks - one after another using daily charts. atr(5) ema(3) high ema(3) low macd(12,26,9) ...

My Gpb/Jpy trades

loss - 25pips — Need to set exits based upon momentum. Below momentum 1.5 - no trade. momentum 1.5 to 2 -> profit limit = 1.5*atr from pivot. momentum 2 to 2.5 -> profit limit = 2 * atr from pivot momentum 2.5 - 3.5 -> profit limit = 2.5*atr ...

My Gpb/Jpy trades

Waht a loss! — Lesson learnt - trends could unexpectdly change and thus leaving the computer when the trade is on is a NO! Rules out over night trades.... Gathered back 50pips on late morning trades - some comfort.

My Gpb/Jpy trades

Guns & Roses!! (losses and wins) — Got to change the expectations from setting exits at next pivot pts, R1,S1 etc. Guess, It Needs to be tied back to volatility. 2*atr or 2.5*atr from the max seems to be ideal depending on risk tolerance. ...

My Gpb/Jpy trades

rabbit's foot — evening trade after work - got in above pivot on a sudden fast stoch upswing and let the trend do the rest

My Gpb/Jpy trades

Traded !! — A neat trade with pivot points.

My Gpb/Jpy trades

Adding Standard Pivot Points to the Strategy — For the last few days, i went ahead and added std pivot points for the g/y pair(from actionforex.com) into the existing strategy and some of these trades started going from good to exceptional. ...

My Gpb/Jpy trades