Daily EUR/USD trades

Have a good time.

I feel that the system that you are about to test is primarily a morning entry based & trail stop. Not really for low volume time periods. I've personally use a similar set-up as you know in FX and it just wastes pips gained earlier on. But, I am interested to know how it goes for you.

 

My entry was 1.31260 on a sell stop --larger position this time. Stop and reverse trailing stop is 1.31590.

 

Will add to the short on a sell stop at 1.31130

 

I'll move these over to my journal if you would like Romik.

 

No, they are fine here

 

This is my favourite MACD pattern, especially if there is a divergence. Really good on any time frame.

 

Yes that's a good one. What instrument is it ? USD/JPY?

 

that was EUR/USD on 240 10-17 Oct 06, I've both observed and traded these triplets, one of the best patterns out there. Remember I also mentioned it on EBAY and AAPL.

 

Yes! Fantastic pattern on those longer frames especially I think.

 

I think all sorts of other signs also are normally present during that pattern, like H&S, grails, 20ma flattening