Eurusd/ gbpusd fibonacci signal
Hi I am going to be posting my trade signals live here, I usually get about 2 to 4 trades a month so it won't be everyday, I aim for a r/r of 1 to 4 on gbpusd and 1 to 3.5 on eurusd.
These trades are ALL pending orders and I could post modifications but not that often.
As of September 29, 2008 9:40 am EST US
Currently the EURUSD and GBPUSD have turned bearish and are on a downward movement. SO we are looking for an upward retracement and continued downward movement.
Trade Signal
Pending orders
Eurusd
Sell limit
Price: 1.4457
Stop loss:1.4511
Take Profit: 1.4275
optional: 85 pip trailing profit.
GBPUSD
Sell Limit
Price:1.8162
Stop loss: 1.8231
Take Profit: 1.7905
optional: 110 pips trailing profit
I will be posting any modifications, I always trade the 4 hrs signal, but usually use 1 hr to pinpoint my retracement levels. I use EMAs and Bollinger band for direction. I also use an indicator I found here called EWTREND as a confirmation.
Samuel N.Hi Samuel,
Would you mind post some screenshot of your trading signal? Thanks for sharing your trading signal.
Regards,
matfx
EURUSD STOP LOSS HIT
My Eurusd stop loss was hit but my gbp order was hit so lets see what happens
For some reason EURUSD has almost always provided me with a loss or a small gain and I have always depended on GPBUSD to bail me out(no pun intended)
I might have to discontinue EURUSD until im able to evaluate it more.
I usually risk less with my eurusd trade so watever.
Samuel N
Hi Samuel,
Would you mind post some screenshot of your trading signal? Thanks for sharing your trading signal.
Regards,
matfxdo you mean the strategy I use to come up with it?
I might be replacing eurusd wiht usdchf, even they are correlated it seems usdchf do not have the spikes associated with the eurusd pair.
I have traded the eurusd and it has given me the same sheety perfomance.
Samuel
Did anybody make money from the gbpusd except from me.
Well if you didn't get in yesterday then I have another one
GBPUSD
Pending Order
Sell
Price:1.8010
Stop Loss: 1.8105
Take Profit: 1.7650(Or use fibonacci retraments)
Optional:150 Trailing profit or use fibonacci retracements on newer swing high and low.
God Bless
Samuel N
THe trade is as of
September 30 2008 12:45 pm EST US time
The September 30th trade should be cancelled the train has left.
I will be posting another signal so.
God Bless
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Hi I am going to be posting my trade signals live here, I usually get about 2 to 4 trades a month so it won't be everyday, I aim for a r/r of 1 to 4 on gbpusd and 1 to 3.5 on eurusd.
These trades are ALL pending orders and I could post modifications but not that often.
As of September 29, 2008 9:40 am EST US
Currently the EURUSD and GBPUSD have turned bearish and are on a downward movement. SO we are looking for an upward retracement and continued downward movement.
Trade Signal
Pending orders
Eurusd
Sell limit
Price: 1.4457
Stop loss:1.4511
Take Profit: 1.4275
optional: 85 pip trailing profit.
GBPUSD
Sell Limit
Price:1.8162
Stop loss: 1.8231
Take Profit: 1.7905
optional: 110 pips trailing profit
I will be posting any modifications, I always trade the 4 hrs signal, but usually use 1 hr to pinpoint my retracement levels. I use EMAs and Bollinger band for direction. I also use an indicator I found here called EWTREND as a confirmation.
Samuel N.