Recent content by noises49

EJ - Outperforms Nothing else comes close

Here's a Profitable Pattern This one's a winner - for sure.

Helen May be the simplest trading model around. Since the Yen continues to get beaten down, my targets are GJ and EJ. GJ is a monster; EJ is less volatile. (At least for now). The entry strategy I'm seeing is wait for a straddle to setup; if he's already broken out it's riskier. Use in...

Renko Straddle - Cable - 020807 Straddle entered at 0215 EST. Buy target - 9730, Sell target - 9685. Sell target hit at 0315 EST. A secondary sell target was put in place at 9660 prior to BOE and was hit at 0715. What we have here is a very simple, very effective trading model.

Renko is somewhat problematic when trading in real-time. However, when the market is flat, it appears to offer accurate high/low targets for entry. For the 3 days so far this week, this strategy produced winners for GJ15. I set the straddle at 0500 GMT (Midnite NY) taking the latest Renko...

GBPJPY - The 800 Pound Gorilla Ranges and trading signals for Feb 5, 2 hours prior to close: Pair Range (# Signals) EU 52 (0) GU 132 (7 Short / 3 Long) EJ 154 (6 Short) GJ 278 (14 Short)...

No Not nearly the horsepower of NFP. Having said that, the market has gotten considerably more stable, i.e, , NFP spiking for 200 in a matter of minutes in years past. Try this when event trading: Do not enter the market any earlier than E +15. Give market time to digest data and settle...

You went long UJ at 123.40 because the greater trend is up and fundamentals support it. A strategy to take advantage of "stop hunters" and normal market fluctuation is to "buy low and sell high." X = normal lot size. Buy X at 123.40 and enter a buy limit order for 2X at 123.05. It's not...

More Action Yesterday, 5/12, a veritable pinball machine between 190 and 189, worth 300 points! Those points convert to cash just like the run from 187 to 190. This is not a system, simply an observation that the market may reverse strongly @ "00," so pay attention or set limit orders and cross...

Double Centurion + 200 and counting FOMC was as good as it gets. The hourly chart ended where he started but 150+ points were there to be had on the low reversal @ 86 and the high reversal @ 87, which is continuing down at this point for +135 off the high.

Flat @ time of post - 1300 NY - end of trading day

"Centurion" - Roman army: Leader of "100" men. Pay close attention to price action at 00. It's good for your equity. Cable, more than any other pair is highly sensitive to these price levels. Bias should be for a reversal, but no guarantee. Look for a hard break to trade trend continuation...

"ZoneTick"

Today's move Frustrating for those that missed today's move. My entry is attached. Actually a little late getting in but it's always nice to catch a big one!

Cable Voice Chat Room I have established a real-time "voice" chat room on PalTalk as a "supplement" to this thread. You'll need a mic if you want to speak, otherwise text is supported.. The room will be open 12 hrs/day, from 0600-1800 (London), Mon-Fri and will be dedicated to GBPUSD...