Recent content by Miko1

Thanks for your feedback and you got some valid points. I am not trying to convince you, just exchanging ideas and views :-) Here you can also see the corrleation table. 93% ~ on a weekly basis (watch out, at one point it broke down big time and that's when you need rules to exit), 86%~ and a...

hey, yes, you are absolutely right. If you buy E/U and short G/U you end up buying E/G. But the point I am trying to make is that in general E/U and G/U are highly positive correlated instruments. So you wait till the correlation breaks down and pairs move in oposite directions and then you...

nice stuff you guys post here. May I add my 2 cents ;) Someone tried using the fxcorrelator together with overlayed charts? From some testing this looks promising... But this method can result in big drawdowns if the correlation takes some time to converge. So don't trade it blindly. Define...

thanks for sharing appreciate it a lot

thanks for sharing! really impressive numbers there...u have knowledge of how just the pinbar system is working for you or you have it all mixed up together in your stats?

hey there interesting thread! u have some win:loss statistics or mind showing your equity curve? that would be really sweet! Keep up the great work

Thanks JDTrader. I will think about it. When I scanned my pairs and other instruments I went over the USDCHF again I am in and I decided to leave the order but pull the stop closer. That way I will stay in but take some off the table. That's how it looks now. I am targeting the 0.87000 area.

I will be closing my trade on the USD/CHF. We didn't see a bounce off that 0 fib but instead broke through it and closed as a bullish engulfing candle. I am going to take a small loss but this situation looks more bullish then bearish to me. I will wait to get a new and better sign.

First trade on my account on this journal :cheesy: I planned the UCHF setup few days ago and last night price came close where I expect a bounce. I set a sell limit and left the screen. Now the limit order has been trigerred. First image is the plan from a few posts above and second is the...

No real good setups so far. The GBP/USD Daily presents us an interesting one but it is not in line with the weekly timeframe. The weekly shows us some ranging with a bounce off a level at 1,6725 last week. That is not why I am too thrilled to go long on that pair. But I included a screenshot of...

Big moves out there but I didn't get a signal on my last daily candle and so I stayed out. That's part of the game and I am ok with that. For now I am not seeing any interesting setups that I would trade but I have some potential scenarios I am watching and I want to share. Maybe someone has...

The #EPM1 hit the target we identifed 2 days ago..Let's see if we can get some more upmove into the original direction of the overall trend after that break and retest pattern. On all my pairs and instruments I don't see anything worth trading but overall I see some retracements to important...

The #EPM1 is on its way as expected and has some room to go still. USD/CHF as well. Check out my posts from yesterday. Today I cannot identify any interesting setups on any of my charts. So let's get back to them tomorrow. Patience pays!!

This is not a trade from me but I a great example of the beauty of fibs. I have been watching this trade for 2 weeks now. It wont be in my trading statements because it happened before I started this. I just wanted to show that setup because I think it is a real beauty ;) But it has still...

Interesting setup on the #EPM1 Daily. We have still 45min to go till the daily candle close but I am not going to play this because of the risk reward ratio (RRR) that is below 1:1 on this one. It is also a CT trade and that combination I don't like. I will still watch this scenario closely...