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Old 17-02-2005, 22:18   #9
forex777
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Re: Daily Signals For 5 Majors

Do you enter trades right where market opens for each currency????????

And how long do you stay in the trades, until in profit??? When do you get out, after certain profit is achieved?????????

Please clarify.......
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Old 18-02-2005, 20:01   #10
ernest
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Re: Daily Signals For 5 Majors

Enter your trade at open and stay in until signal reverses. This week we stayed short all week long in the USD/CHF. This maximizes your profit potential and cuts down on exit and entry costs. This is a low stress system. No watching charts and looking at various indicators.

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Old 19-02-2005, 00:09   #11
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Re: Daily Signals For 5 Majors

ok. I will watch.
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Old 22-02-2005, 18:01   #12
ernest
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Re: Daily Signals For 5 Majors

Gained 534 pips but gave 127 up.
That's one of the benefits if you stay in the market all the time. Important to keep your stops. Day like today can do a lot of harm.
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Old 23-02-2005, 00:14   #13
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Re: Daily Signals For 5 Majors

Where are your trades? do you post them here?


Quote:
Originally Posted by ernest
Gained 534 pips but gave 127 up.
That's one of the benefits if you stay in the market all the time. Important to keep your stops. Day like today can do a lot of harm.
Ernest
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Old 23-02-2005, 07:33   #14
ernest
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Re: Daily Signals For 5 Majors

Yesterdays numbers.
short EUR/USD open at 1.3066 stoped out at 1.3107
long USD/CAD open at 1.2332 stoped out at 1.2254
short CHF/USD open at 1.1819 close at 1.1583
short YEN/USD opn at 105.58 close at 104.04
long GBP/USD open 1.8974 close at 1.9118

Some of the price levels are open and close of the day as we have been in the trade previously. We are short CHF/USD for over a week now.
Watch my daily postings!
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Old 25-02-2005, 06:32   #15
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Re: Daily Signals For 5 Majors

how often do you make a post?
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Old 25-02-2005, 07:26   #16
ernest
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Re: Daily Signals For 5 Majors

I make them daily between 5 and 6 pm EST

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