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- Yerac replied Mar 26, 2007
Sorry to hear that. I have been trading for a year now and this system is by far the best I have used so far.
- Yerac replied Mar 25, 2007
trades — No, actually the only whipsaw that got me this week was the trades I placed at Thursday at 00:00 GMT. I only am trading the GBP/JPY. Now friday I did get in an hour earlier that the rules, but only because the price point was 14 pips ...
- Yerac replied Mar 22, 2007
I am still doing good with the system. Last night was my only loosing night for the week. So far I am up 280 pips for the week.
- Yerac replied Mar 19, 2007
That just depends on how bold you want to be. IF you take the ATR and divide it by 2, then you are trying to catch half of the ATR. Example, if the pair averages 100 pips a day, then you are looking to TP when you have have caught 50 pips.
- Yerac replied Mar 18, 2007
Yes that is correct
- Yerac replied Mar 18, 2007
ATR — ATR is the average trading range. So if you are taking 20 days, you add up all the pips in the 20 days, divide by twenty and you have the average pips it moves in one day based on the last 20 days.
- Yerac replied Mar 16, 2007
Alarms — Does anybody know of a good broker that has alarms for GBP/JPY? I have used alertfx.com for months and I really like it because it sends a text message to my phone BUT GBP/JPY is not one of the pairs you can use on the alarm.
- Yerac replied Mar 14, 2007
TK — Looks like a great system, I tried it out a few hours ago, got in on a buy and already up 140 pips. So with this system, what TP are you looking at? How long do you let it run?
- Yerac replied Mar 13, 2007
Right Again Tk — I think you are right, you started the tread and came up with the system. I am not a fan of an EA because the market changes and an EA can't adapt to it when the market changes, you have to change the EA yourself. Take for ...
- Yerac replied Mar 8, 2007
Does anybody know if the US non-farm payroll (news) affects the movement of the guppy (GBP/JPY) at all?
- Yerac replied Mar 8, 2007
I Get in right at 00:00 GMT, place my stop loss at 40, place an order to go the opposite direction at my stop loss price point with a 40 pip stop. Then I leave it alone and I don't look at in for at least an hour, I let it do its business. Then if I ...
- Yerac replied Mar 8, 2007
Yes, 40 pips
- Yerac replied Mar 8, 2007
I let it run, the only thing I have done different is after I am up 150 pips, I place a 150 trailing stop, then at 7:00pm eastern (next day) place a 40 stop below the current price point. Sunday-300 pip profit, hit a TP (I did not place a TP after ...
- Yerac replied Mar 8, 2007
Long. After 6 months of trading the cable, I have also abandoned it for the time being. This is my first week only trading th Guppy (GBP/JPY) with a 1200 pip profit. I just following the rules and did not set any TP.
- Yerac replied Mar 8, 2007
Sorry, 00.00 GMT 7pm EST
- Yerac replied Mar 8, 2007
GMT 2300 EST 7:00 pm
- Yerac replied Mar 8, 2007
I have not had any trouble with only a 40 pip stop loss, as long as I get in at 6pm central time. If I get stopped out, my opposite trade has so far always cleared at least 100 pips.
- Yerac replied Mar 7, 2007
I tried a new add on to the strategy on Tuesday. I left the trade I had in from Monday night going long (up 300 pips on the GBP/JPY) and at 2400 GMT, I brought my stop up to 40 pips below the price point. Then I entered in with a new trade with the ...
- Yerac replied Mar 6, 2007
Yeah, it has been back and forth. I lost 40 pips on my original buy and decided to take a 95 pip profit on my sell and run with it.
- Yerac replied Mar 6, 2007
I just started trading this system and so far it works really well. I was skeptical Monday afternoon about going long but a reverse head and shoulders on a 30 minute chart confirmed the direction for me. I went long on 2 trades, pulled one out last ...
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