Weekly Thread: Sep. 7 - 12

Today the EUR/USD system gave me a buy signal @ 1178..Sell @ top 1230/40 was easy to read....How late was I on that trade if I am an intraday trader??? There appears to be too many fake signals prior to 8:00 Central Time...Your comments please....So far, the system adjustment from Emini's to Forex is working okay.......Same stop settings work well also....no patterns involved in Forex system....patterns used in Emini system...latter is extremely high percentage correct, with 3 entry signals....today was good trading on both markets..
 
porgie,

I think its wuiet good for intraday. You would get 30-40pips, and I think its more than just good for intraday trade. Signal after 1.1170 is not lat. I saw last resistance slightly above 1.1160, so once it was broken your got signal - very nice.

Regards
 
Quote from OddTrader:

It seems eurusd and eurgbp are quite correlated recently!? :confused:
More...

Yes, after this upside break yes, but before that eurgbp was stuck...
 
Closed usdjpy trade at opening level (well, +2 pips, but its nothing - equal to interest for this 2 days). Was holding it for 2 days, and seem like its going down little bit. It was up to almost 117, and not its back to my entry, so I closed. I'm still looking to buy is at lower levels today. Just a possibility, not a must.
 
Ok, we got a corrective move to below 1.1170, but the rebound is very strong. Have put an order to buy @1.1170 with stop @1.1080, tgt as defined in the begining of this week - 1.1370.
 
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