Recent content by greenfield

Hello Kent, Yes, GBPJPY has done well, not a losing month since April. Just as well, because GBPUSD has been pretty awful, particularly during May. Both seem to be making some useful moves this month though. Taking profits at the right moments makes a big difference (though obviously...

Hello forex-work, forexkunta et al., forex-work – welcome to the thread. Your results are probably about right, better than most. Up until last Wednesday, the people at systemsfortraders were down – minus 446 pts. During April I was down minus 7 pts. I think it's worthwhile looking back through...

Sniper Trend B Well, I must say I'm glad I kept the GBPUSD and GBPJPY positions open from Friday. That was quite a move! Of course, it doesn't always work like that.

That's my first year with Sniper just completed. That's one year, except for 3 weeks during the Xmas period, 299 trades. It works out at an average of 16.5 pts a (trading) day – 4,014 pts in total. This is trading as per the Sniper rules. It's been pointed out in this thread over the months...

Hello Archie21, When I first started using Sniper, alongside GBPUSD1hr, I experimented trading several pairs on the 4hr TF. I'm not sure how significant the results are because of the short period of time involved, but from 14 April to 4 July GBPUSD4hr resulted in minus – 272 pts, EURUSD4hr plus...

Hello dreadnought101, Strangely enough this is only the 2nd month, since April last year, that I've ended up with more points than Gary. I made 243 pts in February – 12 pts per day. That's less than average. The optimum TP would have been at 50, making an average of 15 pts per day. It's just a...

Possibly one reason that people get disillusioned is that most Sniper trades end in a loss. Out of the 258 trades I've taken, sticking to the rules, 44% have been winners, 56% losers. That's how it works. Forexkunta and vaco have made some good descriptions about how this system operates. If you...

Hello Kent, Some food for thought there. My concern would be, in waiting for the 'triangle correction' to complete, that I might miss the breakout. The present large move is presumably news-related; waiting on the sidelines and missing it would have hurt. I must admit that, less a great...

Hello Kent, Yes, exactly. All we need now is a system to stop us getting into these trades!

I hope people have had success taking the most recent Sniper signals. It's been like a breath of fresh air, especially after the recent performance – I had a run of 8 losses in December. I've (part) closed the 4th of a run of wins, notching up a gain of 466pts. Wednesday's short made 336pts...

Hello szt0495, You've done well. TP at 50 over the last month would have been the best tactic using Sniper, no doubt on account of the fact that GBPUSD has pretty much been trendless the past 6 weeks or so. Looking at my trades, since 11 Jan, applying a TP50 shows +364pts. TP100 would be...

Hello Kent, Strangely enough, I took the short on the 14th for 124 pts (a bit irrelevant, I suppose, but on a 4hr chart that trade would still be open – over 350 pts up.). I don't trade it – that's the only time I've ever taken a EURJPY trade on a 1hr chart. It was a bit of an experiment. I did...

Hello Kent, This is only the second week of trading in January for me, so can't say too much. Up 135 pts on GBPUSD so far. My 'parallel' trade (TPs 115, 135, 160 pts) a/c is up 4.9%. For 6 days' trading, that's not bad, though early days for January obviously. I've attached a chart showing pts...

Hello langdonb, My observations are the same as GumRai, and echo his comments concerning alerts. You mention 'three red lines.' I haven't seen any red lines. All I can do is attach a screenprint. Is this the same as you have? (Incidentally, I'm not trading as such this time of the year – I'm...

Hello SW, Sorry to see you starting with so many losses. I know it won't be of any consolation, but the previous 4 trades to your starting date would have given you 4 winning trades – up 452 pts! That's really the issue with Sniper – if you want to do well (that is if you plan to stick to the...