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Old 25-07-2007, 13:18   #65
MidnightRun
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Re: Sell GBPJPY

Hi Vilas

The collonade is the central square in Venice< Italy (vacationed there last year).

I have had a live account with FXCM for several years now they (like everybody else) surely do stops hunting. Also I have noticed that even when the market sts still you open a position they steal a couple of pips by opening the position a pip or two below or above.

When it comes to brokers well I am looking for a good broker that uses the MT4 platform have so far been unable to find one in North America. Will keep on looking.

Good luck
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Old 25-07-2007, 16:09   #66
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Re: Sell GBPJPY

Since the pattern is still not very clear but I prefer a topping here at around 247.45 but I can not rule out a test of (248.70-250.10) so I will sell 1 lot here every 50 pips upwards.
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Old 25-07-2007, 16:09   #67
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Re: Sell GBPJPY

My target down wards is 243.
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Old 25-07-2007, 16:13   #68
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Re: Sell GBPJPY

I will sell here add the second lot at 248.70 onwards I think this is better since if I am reading wave B wrong as being a symetrical triangle then it will definitely retrace to the bracket 248.70-250.10.
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Old 26-07-2007, 00:01   #69
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Re: Sell GBPJPY

I just got a buy signal on the GBPJPY automated program this does not generate trades too often but when it does I have to be careful since they have had a very high winning probability lately. So all shorting attempts on GBPJPY are on hold now unless we go below 245 where the stoploss is on the automated.
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Old 26-07-2007, 00:36   #70
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Re: Sell GBPJPY

Active
Is it the same automated programme as the expert code that you posted a few days ago (which Impulse posed as an MQL expert called Pyramid)?

Thank you
MidnightRun
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Old 26-07-2007, 00:40   #71
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Re: Sell GBPJPY

Quote:
Originally Posted by MidnightRun
Active
Is it the same automated programme as the expert code that you posted a few days ago (which Impulse posed as an MQL expert called Pyramid)?

Thank you
MidnightRun

No its another one I have coded on Tradestation it gives around 2-3 trades per month swing trades.
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Old 26-07-2007, 08:35   #72
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Re: Sell GBPJPY

Too much analysis makes you very lost I could have made tons of money on this move have I just stuck to my plan. Well lesson learned. Stick to mtpredictor.
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