The Only Pivot - page 77

 

The arrow is only generated when the 2mA crosses the blue pivot line.

 

ET,

If you zoom out you should see the arrow above the 22:00 bar.

TimeFreedom

et_phonehome_2:
TimeFreedom

The attached is the EURJPY 1H chart using the indicators you have attached in a post, I was wondering why there was no arrows generated for this one?

Stevenali

Does the 2SMMA meet the criteria of being under the pivot or am I missing something?
 

Trade Update: 10.08.07

Trade Update:

Date: 10.08.07

GBPJPY | SHORT | Lots: 0.25 | @ 238.83

GBPJPY | LONG | Lots: 0.50 | @ 239.57

GBPUSD | LONG | Lots: 0.25 | @ 2.0413

GBPUSD | SHORT | Lots: 0.50 | @ 2.0410

GBPUSD | LONG | Lots: 0.75 | @ 2.0424

GBPUSD | SHORT | Lots: 1.00 | @ 2.0376

Note: Missed initial SHORT signal @ 2.0410 and got in late.

USDJPY | SHORT | Lots: 0.25 | @ 116.97

USDJPY | LONG | Lots: 0.50 | @ 117.17

Current Max. Drawdown: -6.6%

TimeFreedom:
Trade Update:

Date: 10.08.07

GBPJPY | SHORT | Lots: 0.25 | @ 238.83

GBPUSD | LONG | Lots: 0.25 | @ 2.0413

GBPUSD | SHORT | Lots: 0.50 | @ 2.0410

GBPUSD | LONG | Lots: 0.75 | @ 2.0424

USDJPY | SHORT | Lots: 0.25 | @ 116.97

Current Max. Drawdown: -2.4%
 
remcous:
Hi TimeFreedom,

It's the EA you talking about, or manual trading ?

I don't trade today, holiday for tokyo & US & me

Yeah

I broke even today

Holidays, especially US put the market in a choppy mode

 

bb

still using BB for trading ?

thank you

regard

ohyes

 

Hi all !

Any idea for gold ? Seem to be good too...

Files:
gold_1.gif  16 kb
 

Open Trades: 10.09.07

Trade Update:

Date: 10.09.07

GBPJPY | SHORT | Lots: 0.25 | @ 238.83

GBPJPY | LONG | Lots: 0.50 | @ 239.57

GBPJPY | SHORT | Lots: 0.75 | @ 238.95

GBPUSD | LONG | Lots: 0.25 | @ 2.0358

USDJPY | SHORT | Lots: 0.25 | @ 116.97

USDJPY | LONG | Lots: 0.50 | @ 117.17

USDJPY | SHORT | Lots: 0.75 | @ 117.31

Current Max. Drawdown: -0.9%

----------------------------------------------

GBPUSD | LONG | Lots: 0.25 | @ 2.0413

GBPUSD | SHORT | Lots: 0.50 | @ 2.0410

GBPUSD | LONG | Lots: 0.75 | @ 2.0424

GBPUSD | SHORT | Lots: 1.00 | @ 2.0376

STATUS: Closed all previous GBPUSD trades due to 5th signal.

PROFIT/LOSS: -1.3% / -$135.74

TimeFreedom:
Trade Update:

Date: 10.08.07

GBPJPY | SHORT | Lots: 0.25 | @ 238.83

GBPJPY | LONG | Lots: 0.50 | @ 239.57

GBPUSD | LONG | Lots: 0.25 | @ 2.0413

GBPUSD | SHORT | Lots: 0.50 | @ 2.0410

GBPUSD | LONG | Lots: 0.75 | @ 2.0424

GBPUSD | SHORT | Lots: 1.00 | @ 2.0376

Note: Missed initial SHORT signal @ 2.0410 and got in late.

USDJPY | SHORT | Lots: 0.25 | @ 116.97

USDJPY | LONG | Lots: 0.50 | @ 117.17

Current Max. Drawdown: -6.6%
 

Trade Update:

Date: 10.09.07

GBPJPY | SHORT | Lots: 0.25 | @ 238.83

GBPJPY | LONG | Lots: 0.50 | @ 239.57

GBPJPY | SHORT | Lots: 0.75 | @ 238.95

GBPUSD | LONG | Lots: 0.25 | @ 2.0358

GBPUSD | SHORT | Lots: 0.50 | @ 2.0344

USDJPY | SHORT | Lots: 0.25 | @ 116.97

USDJPY | LONG | Lots: 0.50 | @ 117.17

USDJPY | SHORT | Lots: 0.75 | @ 117.31

STATUS: Closed All Trades

MAX. DD: -8.9%

PROFIT/LOSS: +2.9% / +$298.52

TimeFreedom:
Trade Update:

Date: 10.09.07

GBPJPY | SHORT | Lots: 0.25 | @ 238.83

GBPJPY | LONG | Lots: 0.50 | @ 239.57

GBPJPY | SHORT | Lots: 0.75 | @ 238.95

GBPUSD | LONG | Lots: 0.25 | @ 2.0358

USDJPY | SHORT | Lots: 0.25 | @ 116.97

USDJPY | LONG | Lots: 0.50 | @ 117.17

USDJPY | SHORT | Lots: 0.75 | @ 117.31

Current Max. Drawdown: -0.9%

----------------------------------------------

GBPUSD | LONG | Lots: 0.25 | @ 2.0413

GBPUSD | SHORT | Lots: 0.50 | @ 2.0410

GBPUSD | LONG | Lots: 0.75 | @ 2.0424

GBPUSD | SHORT | Lots: 1.00 | @ 2.0376

STATUS: Closed all previous GBPUSD trades due to 5th signal.

PROFIT/LOSS: -1.3% / -$135.74
 

This is very nice system that i ever saw. Very simple and consistent. This system educates us that if one trade goes wrong do not worry . follow the next signal to offset ur losses though which is against the old traditional adivse of "do not trade , once u get 1 loss trade".

 

I quit using the moving average as a signal

I am using only price

My results are getting better

Just my 2 cents