View Single Post
  #3 (permalink)  
Old 04-23-2007, 05:49 AM
glenn5t's Avatar
glenn5t glenn5t is offline
Sophomore
 
Join Date: Apr 2007
Posts: 35
Thanks: 1
Thanked 14 Times in 10 Posts
glenn5t is on a distinguished road
Default

Hi. et_phonehome_2

Well I hope you are making money using the method..

As far TP goes I play it a bit by ear ( but I guess thats because I have been doing it so long).

You can use the S/R or pivot's. But please remember you are using the volatility of the GBP so it can and will move out of character.

I use ADX for strength and FX snippers...I find the FX snipper good showing the weakness...

Thats why I use a 15-20 tp and a trailing stop if it moves strongly...

My third method I use for EU and UJ...when Iam waiting for the weekly to setup, and its setup up on my 15 min so I also use it to trade the GU after I have entered as per the box...its as per the pic......


Its easy to use..

Glenn
Attached Images
File Type: gif eu 1.gif (20.6 KB, 144 views)
Sponsored Links Shark EA Ultimate
Actual Profits on Live Account: +1064%
Since Jan 2007. View Live Statements.
__________________
Forex downunder

Last edited by glenn5t : 04-23-2007 at 06:17 AM. Reason: added info
Reply With Quote

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now

Main Menu

Economic Forecast