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  #11 (permalink)  
Old 03-17-2007, 03:11 AM
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Quote:
Originally Posted by Maji
Check out the chart attached with the first message. It is for GBPUSD. Also, he does mention "in case of Cable" in his message, which makes it clear that it is for GBPUSD.

Yes you are right. Personally I would like to post daily executions on this strategy but I don't think it's possible for me to do that (I'm not always online). Actually it is quite straight forward, as you can see from Friday's event, the Cable shot up from the Asian high at 1.9402 to as high as 1.9500. So if utilize my method, you make pips.

This method most important part is the entry. Enter at the right price, you will make money. That's why the Asian High and Low is a good entry point as from what I've seen. Turn back the clock on the charts, you will see similarity back like year of 2004, 2003. You name it.

I will update my site again soon so do check it out.

Bottom line: Protect your capital. You DON'T have to enter a trade everyday.
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Last edited by FXOperator; 03-17-2007 at 03:13 AM.
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  #12 (permalink)  
Old 03-19-2007, 04:03 AM
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I've set my buy order at the Asian High today. Check it out here.

This is not a signal but to share how I trade the AHAL (Asian High and Asian Low).

Happy trading!
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Old 03-19-2007, 09:57 AM
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My second lot was stopped out at breakeven point after taking the TP1.

Here's a graphic illustration of my chart:

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Old 03-19-2007, 11:26 AM
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hi

Quote:
Originally Posted by FXOperator
I'm using this indicator so you can adjust to your broker server time. The grey area represents 24 hours.

I'm trading primarily on Cable, I set maximum 30 pips SL or at the opposite side of the Asian range, whichever is lower. Move your SL to breakeven if it moves 10-15 pips in your favor. You can enter at 2 lots, exit the first at 15 pips and move the remainder to breakeven, then let the winner runs for the whole day or take-profit at a further point.
hi thanks for the indi

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Old 03-19-2007, 11:49 AM
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Quote:
Originally Posted by prasxz
hi thanks for the indi

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My pleasure.
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Old 03-19-2007, 05:58 PM
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woo

Really like the look of this trading system, thank you very much! I will get up early tomorrow to demo! ( I am in GMT )

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Old 03-19-2007, 06:17 PM
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on your website you said Moved SL to breakeven and take first profit at 1.9456 (20 pips) is 20 pips the new or a good first tp.

I just want to go for tp1 as I'll have to think about getting ready for work at about 7 gmt and I beleive I can set the orders from 6gmt?

Do you tarde for a living?

Very happy to have found your site too.

cheers
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Old 03-19-2007, 08:46 PM
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Quote:
Originally Posted by Cryten
on your website you said Moved SL to breakeven and take first profit at 1.9456 (20 pips) is 20 pips the new or a good first tp.

I just want to go for tp1 as I'll have to think about getting ready for work at about 7 gmt and I beleive I can set the orders from 6gmt?

Do you tarde for a living?

Very happy to have found your site too.

cheers
Yeah sure you can even go for a 10-15 pips gain. From GMT5-GMT6 you should be able to set your orders around that time.

I'm not a full-time trader yet, but it's definitely in my plan to trade for a living in future. Discipline and Patience.
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Old 03-20-2007, 06:04 AM
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Yesterday saw range between 1.9420 and 1.9675 as Cable unable to break above the Fibonacci level at 1.9684. Today I set my orders for both short and long. It's going to be volatile today got lots of economic data coming up.

Take a look at the chart:


Buy order TP1 @ 1.9484, SL @ 1.9434

Sell order TP1 @ 1.9414, SL @ 1.9464
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  #20 (permalink)  
Old 03-20-2007, 06:58 AM
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Quick 15 pips for me put a buy at 66 thanks ideal time of day for me will watch with great interest
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