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- tmoney5474 replied Sep 30, 2012
WOW B737 those are some nice words..... Dont know if its the best EVER.... But, it is darn good. Just kidding. Hopefully people can get something out of it. Let me know if you have any questions. Thanks
Channel surfing!
- tmoney5474 replied Sep 30, 2012
Early in the trade LONGS - GBPJPY, AUDJPY, CADJPY, EURJPY, EURUSD, EURGBP Early in the trade SHORTS - GBPCHF, NZDUSD, USDCHF, USDCAD Might be missing a few but it looks like all of these could be opened today following the rules of the system.
The7 Trading System
- tmoney5474 replied Sep 30, 2012
This might work really well in equities also.... Intersted to see the backtest results using the weekly with the same rules. Hopefully someone better at coding, EA's, etc. then me can figure out how to run that test. Thanks
The7 Trading System
- tmoney5474 replied Sep 30, 2012
This is interesting..... Looking at a weekly using the 5ema H/L looks AMAZING. Can someone run a backtest on the EA using a weekly chart? This might have some legs...
The7 Trading System
- tmoney5474 replied Sep 29, 2012
Correct, you want both 4H and daily trend in the same direction.
Channel surfing!
- tmoney5474 replied Sep 29, 2012
Correct. The best trades happen when short term trends confirm with long term trends. Trades are taken on a retracement of the trend, moving outside one fo the trend channels, into a supply or demand zone. Hope this helps. Another note, you can add ...
Channel surfing!
- tmoney5474 replied Sep 29, 2012
Looks GREAT! EURUSD and USDCHF setting up for a nice trade Sunday! Great find! On another note, Im torn on these EURUSD and USDCHF trades working out. If they do, that means $ weakness and risk on equity strength. I have a HUGE position long 15 ...
Channel surfing!
- tmoney5474 replied Sep 29, 2012
Strange, check the settings on your long term channel. Looks like it might be charting a weekly channel. ART: Trading at the low or high of the channel directly at supply or demand is a good strategy, but for me, its all about high probability. If I ...
Channel surfing!
- tmoney5474 replied Sep 28, 2012
EURUSD looking like a setup to keep an eye on Sunday. As far as adding to the position. Sometimes.... Most of the time not but Im not against it. Remember, this business is based on simple logical rule based strategy as a base to trade in an artful ...
Channel surfing!
- tmoney5474 replied Sep 28, 2012
GBPJPY got within 11 pips of our stop but shes still going!
Channel surfing!
- tmoney5474 replied Sep 28, 2012
Another nope vote... LOL! Good luck with you 5M MACD, STO, Fib systems.... Brokers LOVE YOU guys!
Channel surfing!
- tmoney5474 replied Sep 28, 2012
The power of Supply and demand is on display! EURGBP hit 7992 and started falling hard. Good thing our target was 7990! Great trade! GBPJPY trade still active but taking on some heat.
Channel surfing!
- tmoney5474 replied Sep 28, 2012
EURGBP came within 1 pip of the target. It traded right into supply and started selling off. Trade is still valid.
Channel surfing!
- tmoney5474 replied Sep 27, 2012
Thanks guys. I'll keep posting it help me stay focused. Also, I really do love helping others in this great world of trading. I've been very blessed and I've been called to give back. So this is my little way I can do that. Hopefully you can get ...
Channel surfing!
- tmoney5474 replied Sep 27, 2012
Maybe I should add some MACD, Sto, MA, BB, TDI and Fibs to my strategy and make my charts look all complicated and colorful.... Then people might think it makes money.
Channel surfing!
- tmoney5474 replied Sep 27, 2012
If you look at the charts posted, I first look for moves OUT of the 4H or Daily channel against the trend (both must be trending in the same direction). If it is then trading at a supply or demand level, I then wait for a move back with trend and a ...
Channel surfing!
- tmoney5474 replied Sep 27, 2012
another trade setup! EURGBP long 7950, TP 7990, SL 7919!
Channel surfing!