Daily EUR/USD trades

[romik]

Quote from Buy1Sell2:

I feel a sense of calm this afternoon as I head down the coast , waves splashing to the left of me. No more can the market make me look like a fool who has never traded before
( intraday). ( Of course, I am the only one who can make myself look like a fool--not the market) ---I imagine that I will get a good whackin on a stop fill from time to time, but these last two Fridays have taught me what I need to know about intraday.

Have a good time.

I feel that the system that you are about to test is primarily a morning entry based & trail stop. Not really for low volume time periods. I've personally use a similar set-up as you know in FX and it just wastes pips gained earlier on. But, I am interested to know how it goes for you.

 

[Buy1Sell2]

Quote from Buy1Sell2:

Stopped and reversed. Position size increased. The first one is necessarily a doubling as 1 plus 1 equals 2, but the subsequent increases will not be doubles.

My entry was 1.31260 on a sell stop --larger position this time. Stop and reverse trailing stop is 1.31590.

 

[Buy1Sell2]

Quote from Buy1Sell2:

My entry was 1.31260 on a sell stop --larger position this time. Stop and reverse trailing stop is 1.31590.

Will add to the short on a sell stop at 1.31130

 

[Buy1Sell2]

I'll move these over to my journal if you would like Romik.

 

[romik]

Quote from Buy1Sell2:

I'll move these over to my journal if you would like Romik.

No, they are fine here

 

[romik]

This is my favourite MACD pattern, especially if there is a divergence. Really good on any time frame.

 

[Buy1Sell2]

Quote from romik:

This is my favourite MACD pattern, especially if there is a divergence. Really good on any time frame.

Yes that's a good one. What instrument is it ? USD/JPY?

 

[romik]

Quote from Buy1Sell2:

Yes that's a good one. What instrument is it ? USD/JPY?

that was EUR/USD on 240 10-17 Oct 06, I've both observed and traded these triplets, one of the best patterns out there. Remember I also mentioned it on EBAY and AAPL.

 

[Buy1Sell2]

Quote from romik:

that was EUR/USD on 240 10-17 Oct 06, I've both observed and traded these triplets, one of the best patterns out there. Remember I also mentioned it on EBAY and AAPL.

Yes! Fantastic pattern on those longer frames especially I think.

 

[romik]

Quote from Buy1Sell2:

Yes! Fantastic pattern on those longer frames especially I think.

I think all sorts of other signs also are normally present during that pattern, like H&S, grails, 20ma flattening