Vaco
Senior member
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rest to + 15
nice to get some pips,bad news is gbp is about to give a sugnal again
just like to wish everyone a merry xmas and a profitable 2011 (if you are trading this all the best guys )
nice one
at last were getting there
+2 for the morning,
I better quit for the day or make some more pips before my hourly return gets to min wage!
?? did you lose 17 pips somewhere in-between the post above and your previous one?
In case anyone cares... 6-8am (GMT) range breakout on GBP\JPY seems to work well. Aim for 1:1 RR with stop at other end of range.. If it breaks long then comes back and stops you out take the break short as well. Over the last month or so the worst has been a breakeven day.
Please keep in mind, this is just something I've looked at the last two days and I've done no extensive testing apart from a look back over the charts for the last month or so..
ej is long but im not going to take it, no doubt sods law will apply
In case anyone cares... 6-8am (GMT) range breakout on GBP\JPY seems to work well. Aim for 1:1 RR with stop at other end of range.. If it breaks long then comes back and stops you out take the break short as well. Over the last month or so the worst has been a breakeven day.
Please keep in mind, this is just something I've looked at the last two days and I've done no extensive testing apart from a look back over the charts for the last month or so..
some of your entries are very similar in timing and price to mine, just in the opposite direction.
Clearly where I see a pullback in the trend you see a trend reversal.
Just goes to show that entries are not that important, its the exits that count!
Guys, just a thought, have any off you thought maybe you should totally puke morning sessions, perhaps go to the gym, read the FT, take kids to school and only start cranking up your machines from perhaps 12:30?
Have any of you done the math to find out if you'd make more gains in the afternoon session only?
Guys, just a thought, have any off you thought maybe you should totally puke morning sessions, perhaps go to the gym, read the FT, take kids to school and only start cranking up your machines from perhaps 12:30?
Have any of you done the math to find out if you'd make more gains in the afternoon session only?