Recent content by gangsta1

Ingot, The trades I lost on the UJ are the two previous to the one you show. I use the 4hr chart and there were two entries last week (before the potential entry at the mo) and they both got stopped out.

I took that UJ and got stopped out.. Likewise with the GBP/JPY, twice this week!

Nice post sally. After alot of studying, 4h sniper filters alot.

I agree with eagle..stating the 4h chart is confusing because thats not what sniper is about! Elliot wave may also be good for some but again, not what sniper is about: Didnt the EW predict the cable to be going south?! Well after a late night stressing over money issues, I woke up late and...

Well as I currently sit in another -50 pips (taken on the GU at 19:00 alpari UK time) I am telling you sniper lovers that i will be sticking by this system and I know it cannot predict the future, no system can...Its just I dont like claims being made that cant be backed up---->not saying they...

Mate, You DO not know how much I have lost, how much im trading, how many pips im down okay. So no need for the bogus statement.

WOW, stopped out AGAIN. thats 2 stop outs for big losses this week. Anyone goign to come out and defend this system?

Im back in the long on the GU. Following the rules, this is a good entry. Anyone else got in?

Well, the trade seems to be going up more...My stop is at BE now because I cant monitor the trade anymore! Just an observation I made: Does anyone else agree that the sooner TREND-A and TREND-B agree with the arrow, the more reliable the signal?? For example, the trade that resulted in a loss...

MM for me is to set Break Even at +50 pips and ride the move untill an opposite signal! How about you Eagle?

Well the short trade this morning was stopped out for 80 pips and now the signal on the GU is long in the opposite direction. Im taking this one to, hope its not another loss..LIVE account BTW.

The trade setup was exactly by the rules: ALL 3 lines were red, 2 bars were red, the arrrow was there, it was after 6am GMT, it was the GU, it was the 1hr timeframe.. Seriously, who is going to defend this? Its easy to look back at history of the charts and see "GREAT" trades but how many times...

Well my suspictions have been confirmed! Entered a good looking setup at 9am GMT today on the GU and guess what.THE ARROW DISSAPEARED!! Probably the reason I left this system alone the first time I tried it..!

From experience would you say that setting break even earlier, say at 50 pips, there is a risk of cancelling out potential long running trades?

I already have a order management EA which does the same (quick_trailing_EA). So do you set break even at 100 pips and then lock in +25pips at 125pips?