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Sadly I didn't trade enough make me happy Xerof. <LOL>
Vegas' system has great visual merit. It helps anyway.
Note how quickly one can also learn to adapt previously undiscovered indicators like Camarilla Levels to good purpose. :)
I'm getting accustomed to a better flexibility in trade strategies and... I've only just discovered the metatrader.org site (amongst others).
Sulman
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Its a wet day on the Sunshine Coast, so with a bit of time on my hands heres my possible EW count on the weekly GBP.
http://detachedtrader.com/forum/inde...ype=post&id=42
regards - arco
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Hi All
went long this morning on this pair,8662-stop 8614 looking for a reversal
reason for probable trade
>boucing off Gann support.
>DOji
>bouncing off medium term trend line
>50%fib level
cheers cadet roddy
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Hi Roddy
Looks like you should be doing OK with this one.
I mentioned on the JPY thread that a big move in GBP was about to happen, and that gave circa 160 pips so far.
Further confirmations now given on the EOD with a Morning Star off Gann support and the uptrend line. Bit of possible hesitation to watch for circa 8800 coupled with the oscillator still being below the mid line.
regards - arco
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Hi Arco,
i exited trade at 8738 for 76 pips, waiting to see which way its going to go on the 15 min chart,a wedge is forming, i see the Morning star (bottom reversal pattern) but not until you mentioned it.
Also straddled kiwi announcement was filled at 6427 i could of exited near 6454 but thought it would reverse possibly 15 pip then find support which never happened,
possible reasons could be
> kiwi is weak at the moment as there was no follow through after retail trade was up .5%
>Gann fan says resistance is at 6450
>havent seen a close above medium term trend line
>possibly might be seeing a falling three pattern emerging
>not sure whether straddle is a good strategy or not?and i executed it poorly
however no damage done with stop being hit!
still polishing boots.
cadet roddy
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Hi
Rentered long trade looks like an ascending triangle is forming on the 5 and 15 min chart also medium trend line is support
cheers cadet roddy
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hi
out of trade,GBP has broken trend line,
have been away from desk so missed 60 level,but
have 84 pip over the two trades
cheers cadet roddy
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Follow on from 12/9..............
GBP still bearing fruit with a max of circa 310 pips so far.
Some profit taken off the table, and trailing stop on balance.
Hoping for more in the short/medium term.
GTA - arco
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Hi Arco,
Yes i jumped on the trend last night in at 8774 and out 8860, took half profit and left a traling stop but was to stingy with trailing stop
so of available 310 have taken 168 pip so far.
cheers cadet roddy
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Hi all
GBP looking a little toppy with 2 Doji eod any thoughts on a possible short as it has just dropped below 1.9000 levels
cheers cadet
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Hi Roddy
Certainly looks a bit black if the EOD stays as it is now. However, that will require a check of the final print tomorrow AM for confirmation. I will be considering longer term trades at that point.
Other than that I had a short term scalping signal @ 8990 which was good for circa 48 pips............
regards - arco
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Hi Arco
o- kay will await tomorrows print.
great trading on the scalp and cheeky trade(kiwi),any thoughts of moving to Havelock,
where yourself and xerof could expand the butterfly farm while exchanging vintages!
cheers cadet roddy
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Theres an area of possible Gann support circa 8541-8555
May be worth watching for a possible reversal pattern
around that level.
regards - arco