Forum > View Topic
by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 2, 2011 21:20
Gunjack, I have Ignore's 1 hr/4 hr system on EU and GU charts just to check he is sticking with his own rules lol. Its a very sound system and not complicated. Lot to be said for KISS principles.
Ignore
United States
Posted Anonymously
13 years ago
Mar 2, 2011 21:17
'the lure of easy money' :)

This trade is only other pair, other than E/# or $/swish I trade and for this reason.
I place a trade long aud/jpy on 2/22 long from 83.53....won't say how many lots...
the trade has fluctuated all week a little in range from there..
but it paid 83.22 per 1 lot (100k)..on swap
sure it could lose from 83.53 and that is where you use trading skills.

think 10 lots = 832 per week...and int rate will rise..along with possible actual pair rise
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 2, 2011 21:16
Ignore, lol, some days I gettit wrong, wish I was as perfect as you suggest :-)
DaveO
UK
Posted Anonymously
13 years ago
Mar 2, 2011 21:09
Gunjack, he had no fancy data streams or charting software like me. No multi monitors and servers etc lol. No exchange fees. Just MT4 forex broker platforms and the currency meters. He spent about 2 to 3 hrs per day pre prep on his news analysis research and preparing his S&R's etc ready for his session

The only EA added to his charts was a TM to be able to trade from the charts and move stops etc. I run the same TM myself for any MT4 platforms. You could also set the TM for initial stop space and TP if desired to help automate the process. Speed was of the essence as you can imagine. Broker choice very important. He was playing 2 or 3 lot trades so typically net 50 pip profit gave him his $1K daily goal. Small trade would be 5 pip take, large trade would be 15 pip take. Stops set extremely tight. The trade took off or it stopped out quick. Working with the daily pivot levels and his ma's.

It can be done. I watched in amasement day after day.
Ignore
United States
Posted Anonymously
13 years ago
Mar 2, 2011 21:06
I know the E/$ pretty well and my posted trades this year added up equal a decent size yearly wage just to be frank..if one can believe they are real trades..

Dave is the master trader across the board and subz is the chart czar...
Ignore
United States
Posted Anonymously
13 years ago
Mar 2, 2011 21:02
only if 4 hr showed it......too little timeframe..not enuff data and not worth risk

Gunjack
London, UK
Posts: 1184
13 years ago
Mar 2, 2011 21:00
Lol Ignore u sound like a joker...thats the life pal..wine, women and plenty of song
Gunjack
London, UK
Posts: 1184
13 years ago
Mar 2, 2011 20:59
Ignore what do u think abt when every t/frame from 1 min, 2 min, 5 min, 10 min, 15 min, 30 min to 1hr shows a currency to be o/bought?? worth shorting
Ignore
United States
Posted Anonymously
13 years ago
Mar 2, 2011 20:58
I trade a 4 hr method with a 1hr filter + a few indicators and a ma momo system

I have some bank investments in carib..so leave the equities et all to bank mgr.

no other pairs....compelled to trade..don't really have to....if I quit rum/babes
Ignore
United States
Posted Anonymously
13 years ago
Mar 2, 2011 20:54
Gunz..yes..character and gutsy..
he used 5 min blank chartz got a feel for a lil momo and sprung...
but he went to chart school..