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  #811 (permalink)  
Old 09-10-2007, 03:37 PM
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got hit
well my stop got hit

+128 pips though

now wait for next trade.
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  #812 (permalink)  
Old 09-10-2007, 03:41 PM
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maybe new trade
eur/usd I have a sell signal.
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  #813 (permalink)  
Old 09-10-2007, 03:45 PM
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This looks like a promising strategy, but I have one suggestion. BigBear why don't you summarize everything about this system in your first post - I saw 3 different EAs in this thread and many different indicators. If everything (strategy, indicators, EAs) is summarized and kept up to date in one post (the first one) it would be much easier for newcomers to "dive" into the thread.
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  #814 (permalink)  
Old 09-10-2007, 03:53 PM
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Yeah I actually set my realistic goal 100 pips/week for this system, and I just got stopped out at 86 pips on EJ and 109 pips on GJ.. but I don't think I want to stop for the week!!!

Forex11, I'm sure you got stopped out too... but here's my newbie question.. I think I know the answer but.. Will you wait for another complete setup (trade the system) or wait for this retrace to reverse and get back in??

ok you answered before I posted this...that's what I thought.. I'm catching on...
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  #815 (permalink)  
Old 09-10-2007, 04:17 PM
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I have a sell on EUR/USD as well from 1.3788 with target at pivot 1.3742.
Should be enough for EUR/USD. Not greedy here.

And I have a sell on GBP/USD from 2.0284 with target at S1 at 2.0188.

Both on H1. I just love this setup!
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  #816 (permalink)  
Old 09-10-2007, 04:20 PM
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Quote:
Originally Posted by forex11 View Post
bear and I have been studying this for some time now. We think that after you master a few candle-stick patterns that you can actually make a very good living with this system.

keep up the good work.
Hi!

Would you like to elaborate on which patterns you look for specifically? Or would you recommend the J16PF for learning more about this? This is what I've been thinking of doing to filter the trades.

Sorry, been away for awhile! In Qatar on business!

Thanks!
8
Last edited by 8toenails; 09-10-2007 at 04:24 PM.
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  #817 (permalink)  
Old 09-10-2007, 04:26 PM
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Quote:
Originally Posted by dxtrade View Post
I have a sell on EUR/USD as well from 1.3788 with target at pivot 1.3742.
Should be enough for EUR/USD. Not greedy here.

And I have a sell on GBP/USD from 2.0284 with target at S1 at 2.0188.

Both on H1. I just love this setup!
As an addition: I confirm my trades with the Stochastic 14,3,3 the QQE value=5 and the nonlagdot lenght=20 indicators.
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  #818 (permalink)  
Old 09-10-2007, 06:06 PM
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Be careful on selling Eur/Usd ...
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  #819 (permalink)  
Old 09-10-2007, 06:36 PM
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Originally Posted by mwbro View Post
Be careful on selling Eur/Usd ...

I agree. That is one pair that I only buy on the dips. Been burned to many times with it.
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  #820 (permalink)  
Old 09-10-2007, 06:41 PM
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Cool me too
Quote:
Originally Posted by mwbro View Post
Be careful on selling Eur/Usd ...
i decided against it also.
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