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swiss <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=719571>

interesting move... must be april fool's :p

how low did the pound go on your data after the news release? fxcm's 8825

hmm... I'd like to take a guess at this. Using profit targets and price action. Whichever comes first. Having a point set profit target that is statistically meant to capture majority of maximum moves. Or exit when price structure says it's time to get out. Such as a reversal setup.

I don't know what this is... could you care to explain?

Simple idea, but sounds like it would work. Although I would probably just use a higher timeframe. A problem I think may happen is that it leaves too much money on the table. Once I get 200+ ticks in favor I don't like giving up much. Something worth looking into though. Maybe the...

Parabolic stop works well most of the time. Problem I find that it doesn't know when I enter a trade. I trade from 1hr chart, and in most cases I don't start trailing until several hours have passed. This is exactly what I want. I want to give price time and space for it to mature. Thing is...

forgot the chart.... <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=718247>

I'm not sure how parabolic is calculated. It's supposed to be some complex formula which makes it a trading system of its own... I use it for trailing stop. When I was researchin last year I read a few posts about swing traders using parabolic stops. Out of curiosity I started to play with...

good question... I've been meaning to ask the same. I've used EMA before. I want to capture majority of the big moves, and I felt this did it... but left too much money on the table. Now I use parabolic stop for a trailing stop. It performs much better. It gives prices plenty of room and...

I don't find anything wrong with indicators either. They're just tools to me. But if you don't know how to use them properly these tools are worthless. have a good sleep Andy

I just use macd for confirmations. To me indicators are like training wheels. Doesn't hurt :p

yes... price action confirmed with an indicator

euro is showing a nice buy setup on 1hr chart. I'm waiting for the pound to retrace to complete my setup. http://www.elitetrader.com/vb/showthread.php?s=&threadid=47209&perpage=6&pagenumber=3 Check out the chart Chartist posted. Same conditions are occuring on most majors on 1hr chart...

not bad :)

how far back do these feedbacks go? The past few months we've had some really nice trends... unfortunately they don't last forever.

Not bad at all. It's better than the system I built. As far as not being afraid of losing money. It just takes time.

1000 divide 5 pairs = 200 pips per market. Not bad actually, and for the price compared to other vendors it's a small risk in comparison. Even if a signal service is profitable, I think there is a big price to pay. You become dependant rather than independent. Not good for longevity in this...

edit: that's an entry method, not a system