Roels Major Posted August 4, 2010 Report Share Posted August 4, 2010 (edited) ..........."Most of the time you will get buy or sell signal within few hours of drawing your channel"................. ..........."You can only take what the market is prepared to give you, please be patient"................................. Edited August 4, 2010 by Roels Major Add more words........... Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
Roels Major Posted August 4, 2010 Report Share Posted August 4, 2010 Thanks for superfx to open this tread and remind us the beauty of the system..... Could you rename the thread as the "Optimum Channel System"....to honour the inventor of this system? But anyway..no hard feeling.... Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
pauli79 Posted August 4, 2010 Report Share Posted August 4, 2010 Can we trade a late breakout like this one. This signal appeared at around 11:30 BST http://img691.imageshack.us/img691/4793/40810breakout.png Hey Linkrink thats exactly it.It gave some nice pips today too. Quote Link to comment Share on other sites More sharing options...
chrisbenjy Posted August 4, 2010 Report Share Posted August 4, 2010 I know we aren't using Golden Variety anymore, but can anyone tell be what all the colors mean and all the little crosses? Chris Quote Link to comment Share on other sites More sharing options...
Roels Major Posted August 4, 2010 Report Share Posted August 4, 2010 http://i600.photobucket.com/albums/tt90/RoelsMajor/diagram.png Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
Roels Major Posted August 4, 2010 Report Share Posted August 4, 2010 Continuation.................................... http://i600.photobucket.com/albums/tt90/RoelsMajor/Continuation4August2010.jpg http://i600.photobucket.com/albums/tt90/RoelsMajor/Continuation2-4August2010.jpg Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
ochuko Posted August 5, 2010 Report Share Posted August 5, 2010 Why go for just 30pips when you can grab up to 100 pips from the market? Doing manual backtest, I discovered that grabing 100 pips is the best way to leaverage this strategy. Quote Link to comment Share on other sites More sharing options...
Freddie Posted August 5, 2010 Report Share Posted August 5, 2010 (edited) Lines are drawn but nothing exciting yet: 0600 and 0800 looking very similar. $Y Edited August 5, 2010 by Freddie Quote Link to comment Share on other sites More sharing options...
synergy Posted August 5, 2010 Report Share Posted August 5, 2010 (edited) Looking good, a W is forming ... but near to weekly resistance level. Edited August 5, 2010 by synergy wordings. Quote Link to comment Share on other sites More sharing options...
Freddie Posted August 5, 2010 Report Share Posted August 5, 2010 (edited) http://i914.photobucket.com/albums/ac341/freddieforII/Chan0508.jpg 0600 in yellow, 0800 red. $Y Edited August 5, 2010 by Freddie Quote Link to comment Share on other sites More sharing options...
Freddie Posted August 5, 2010 Report Share Posted August 5, 2010 (edited) BO...for 0600 and a higher bar for 0800. Where is the resistance Syn? http://i914.photobucket.com/albums/ac341/freddieforII/Chan05082.jpg $Y Edited August 5, 2010 by Freddie Quote Link to comment Share on other sites More sharing options...
synergy Posted August 5, 2010 Report Share Posted August 5, 2010 137.203, it is a Weekly R1. Quote Link to comment Share on other sites More sharing options...
Freddie Posted August 5, 2010 Report Share Posted August 5, 2010 (edited) We are talking different pairs Syn. I am on £Y at around 86. - 137 would be a bucket load of pips. (if I am not mistaken!!) http://i914.photobucket.com/albums/ac341/freddieforII/Chan05085m.jpg Here's the 5min chart, I like to look! $Y Edited August 5, 2010 by Freddie Quote Link to comment Share on other sites More sharing options...
Freddie Posted August 5, 2010 Report Share Posted August 5, 2010 YES!!! GOT IT ROUND MY NECK AGAIN!!! I am on $Y Apologies!! Proper pics coming up... Quote Link to comment Share on other sites More sharing options...
Freddie Posted August 5, 2010 Report Share Posted August 5, 2010 With much thanks to Synergy...£Y no breakout, massive channel around 80. http://i914.photobucket.com/albums/ac341/freddieforII/Chan0508Y.jpg Quote Link to comment Share on other sites More sharing options...
synergy Posted August 5, 2010 Report Share Posted August 5, 2010 (edited) Wondering what caused the sudden drop in GBP, didn't see any scheduled news announcement ... Saw this in FF Bank of England Governor Mervyn King is setting aside his inflation target to protect the economy from the biggest budget cuts since World War II. As a split widens on the Monetary Policy Committee on the danger posed by rising prices, King insists it may be a “considerable” time before the benchmark interest rate of 0.5 percent returns to “normal.” The nine-member panel will announce its monthly decision, which uses new economic forecasts, at 12 p.m. today in London. Edited August 5, 2010 by synergy additional info Quote Link to comment Share on other sites More sharing options...
Freddie Posted August 5, 2010 Report Share Posted August 5, 2010 Need Kraven here, he usually knows about such things Quote Link to comment Share on other sites More sharing options...
kraven Posted August 5, 2010 Report Share Posted August 5, 2010 morning, the drop in the £ is probably due to a number of things 1. weve had a hell of a run up of late some 1700 pips without hardly taking a breath, so we now have people cashing in and adjusting positions 2. yesterdays US non-manu numbers we good, although this is not normaly a massive trend changer, all the bad US data lately coupled with US fears of a double dip have caused a $ jump on any good news 3. Non-farm payroll is due on friday...we are looking for a small increase...but an increase all the same. Quote Link to comment Share on other sites More sharing options...
Roels Major Posted August 5, 2010 Report Share Posted August 5, 2010 Open the trade earlier in the middle of the candle.......... How Short Can We Go...........? http://i600.photobucket.com/albums/tt90/RoelsMajor/5Agustus2010.jpg Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
kraven Posted August 5, 2010 Report Share Posted August 5, 2010 Roels your using GU instead of GJ, are you using 00 till 6am? Quote Link to comment Share on other sites More sharing options...
Freddie Posted August 5, 2010 Report Share Posted August 5, 2010 Roels your using GU instead of GJ, are you using 00 till 6am? Cannot see who the broker is but the range marker is 2-8 Quote Link to comment Share on other sites More sharing options...
Roels Major Posted August 5, 2010 Report Share Posted August 5, 2010 Roels your using GU instead of GJ, are you using 00 till 6am? I am using 02:00 til 08:00 My Broker is Alpari Rusia (Alpari-Forex.com) redirecting from Asia Zone on Alpari NZ-Limited (New Zealand)......... Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
Roels Major Posted August 5, 2010 Report Share Posted August 5, 2010 (edited) From Forex Factory................One Hours Before Release.......Sentiment is so strong? Source Bank of England (latest release) Measures Total value of money the BOE will create and use to purchase assets in the open market; Usual Effect Actual < Forecast = Good for currency; Frequency Scheduled monthly; Also Called Quantitative Easing Programme, Money Printing Programme; Acro Expand Bank of England (BOE), Monetary Policy Committee (MPC); Edited August 5, 2010 by Roels Major Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
Roels Major Posted August 5, 2010 Report Share Posted August 5, 2010 This is why we must determine our SL and TP............ I dont like much the idea to use S & R............ http://i600.photobucket.com/albums/tt90/RoelsMajor/5Agustus2010-1.jpg Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
Roels Major Posted August 5, 2010 Report Share Posted August 5, 2010 Need to compile the reports after tomorrow............ So This is GU on 15m.......... Not using TP and SL.........but still using all the indicators loaded to determine TP and SL..... Quote "You Ain't Seen Nothing Yet!". Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.