Does anybody have a good Trading System or good indicators for trading GBP/JPY very successfully (maybe on M15-M30 charts)? I hope someone to share his secrets
that pair takes really big balls to trade. I have tried "tried"
I sugest a really big account and small positions too.
I too would be interested in a good system.
Dave
evgeni1980 you're in EA section, maybe more success if you ask in other section ^^
watch that systeme, it's something close to the tlatomi system
i make it for trad gbpjpy
i try to make an ea with that
be very very carefull. as you can see on the daily chart the last 25 days are completely sideways.
25 days of bad trades can put a seriuos dent in an account if it don't wipe you out.
s/l needs to be larger than 65 pips. I know cause I have tried to trade this pair and had s/l nailed right befor it went to my target with out me. I have lost probly 150 pips in this pair the last 2 weeks.
I'd wait for it to break this range and make a couple of good waves befor attempting to trade live money on it. And practice on a demo and experiment with s/l too.
But template and system looks good. once it gets out of the range.
dave
yep, that 2 week i get not good signal
but i use this system for almost 3 month, quite good result in the past.
for gbpjpy i try something in demo acount from last 2 week
3 ma for daily and gbpjpy
1ema 8
1sma 16
1ema 55
the ema 55 give the trend, if ema is under, up trend and if on top, trend down
after you find the trend, just check the 8 and 16 ma
buy when fast ma cross up the slow ma when trend up
sell when fast ma cross down the slow ma when trend down
very very simple
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Does anybody have a good Trading System or good indicators for trading GBP/JPY very successfully (maybe on M15-M30 charts)?
I hope someone to share his secrets