Recent content by DAVIDB75

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    Currency trading (Oct 30th > Nov 3rd)

    I get end of day data for my system, now that you have finished daylight savings, it shows the EOD at 21.30, previously 22.30 (GMT)
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    Currency trading (Oct 16th > 20th)

    good morning again all, my system was short yesterday from 1.8713, calls for long today at 1.8724 or 1.8784 , one order cancels the other. If bought at 1.8784, set target at 1.8926. if bought at 1.8724, set target to reverse at 1.8768. the probability framework oct20 pre-open is; level...
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    Currency trading (Oct 16th > 20th)

    no interest charged overnight, that i have ever seen and only swapped if you are holding on CMC's rollover day. I have tried to avoid their rollovers but it has happened a couple of times with less pain than i anticipated. This is the first month I have been able to migrate to the next month...
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    Currency trading (Oct 16th > 20th)

    the pips for the risk equilibrium calculation at the moment is 684, so my thinking is, for big institutional traders they are seeing no clear direction to push the market to make trading profits. Yesterday the pips for the risk calculation was 8728, which was rejected twice by the market...
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    Currency trading (Oct 16th > 20th)

    for what its worth, my oil system put me long this morning at 59.69 (december contract CMC) for the past month oil has been a lot kinder than cable to me. (almost a month since a new high on cable, oil yesterday) i am also short cable from 8713 when you work it out in real money terms cable is...
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    Currency trading (Oct 16th > 20th)

    good morning all, my system was long yesterday from 1.8722, calls for short today at 1.8713. no protective stops or targets. the probability framework oct19 pre-open is; level gbpusd pbty lt3_____1.8823___0.153 lt2_____1.8760___0.376 lt1_____1.8714___0.617...
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    Currency trading (Oct 16th > 20th)

    i'm going to bed, i've left my long open, target 1.8840. whether my system wins tonight or not, at least i've added 30 more pips by trading. As wasp says 'its a marathon...'
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    Currency trading (Oct 16th > 20th)

    ps if 693 is breached i would be uncomfortable with long
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    Currency trading (Oct 16th > 20th)

    i exited my early long at small profit, but reentered long at 699, the pips for the risk calculation favours long and my system is long anyway. 74% cahnce of hitting 755, 58% chance of hitting 678 , ie more pips for the risk (according to my framework )
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    Currency trading (Oct 16th > 20th)

    good morning all, my system was short yesterday, i traded,exited and reentered, effectively short from 8671. this morning my system said buy on stop and reverse at 1.8722, luckily i entered long at 8705 (so minus 34 pips yesterday) i think i will be looking to take profit at 1.8840. my system...
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    Currency trading (Oct 16th > 20th)

    afraid i need education on US numbers, i'll be very interested in enlightening commentary. (i would do worse on trading forex on fundamentals than i would do on elliott waves i think)
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    Currency trading (Oct 16th > 20th)

    looks like an ending diagonal at 1.8682, (11:40 5min bar) if anyone follows Elliott waves, but i usually get them wrong. if it is there may be a decent correction now.
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    Currency trading (Oct 16th > 20th)

    i exited my short , at 621, but i'm thinking about reinstating it, if I can pick up extra pips over and above my system that's great, but long term my system seems to be worth following. according to my probability framework 58% chance of hitting 8695 and 54% chance of reversing to 597...
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    Currency trading (Oct 16th > 20th)

    guten morgen herren und damen, my system has me long from 1.8579 yesterday, reversing to short at 1.8622 (at time of writing i've missed the high at 1.8623, takes too long to get the data and process it to pick up the trades in the first 2 hours), so my system is stuck short for the day...
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    Currency trading (Oct 16th > 20th)

    my system is long from 579 (shorted friday at 601), stays long now 'til tomorrow. for what its worth, the probability framework indicates a similar chance of getting to 520, compared to the chance of topping 645 (now at 610), so pips for the risk is now weighted to shorting, according to this...
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