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Gbp/jpy: H4-20sma

This is a discussion on Gbp/jpy: H4-20sma within the Long Term Trading Systems forums, part of the Manual Trading Systems category; Originally Posted by viv108 Where are the indicators for this system? Read first post....






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  #21 (permalink)  
Old 10-25-2009, 10:31 PM
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Default Re: Gbp/jpy: H4-20sma

Quote:
Originally Posted by viv108 View Post
Where are the indicators for this system?
Read first post.
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  #22 (permalink)  
Old 10-27-2009, 12:49 PM
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Default Re: Gbp/jpy: H4-20sma

GBP/JPY

buy ... 150.25
SL ... 152.25
no take profit set

still have not come up with a decent take profit ... 200 pips could work however for big moves leaving too much on table.
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  #23 (permalink)  
Old 10-28-2009, 07:40 AM
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Default Re: Gbp/jpy: H4-20sma

Quote:
Originally Posted by junglist00 View Post
GBP/JPY

buy ... 150.25
SL ... 152.25
no take profit set

still have not come up with a decent take profit ... 200 pips could work however for big moves leaving too much on table.
Close 148.74
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  #24 (permalink)  
Old 10-29-2009, 11:40 AM
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Default Re: Gbp/jpy: H4-20sma

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Originally Posted by junglist00 View Post
Close 148.74
would have gone long if the candle that broke to 20 up was shorter..... so skipping this trade...
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  #25 (permalink)  
Old 11-27-2009, 10:15 AM
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Default Re: Gbp/jpy: H4-20sma

Well I haven't been updating or trading this method recently however it will make you the pips.

SL of 200 is recommended ...

TP variable ... min. 200
**********
could probably trade 2 lots ... TP 1 lot at 200 , move stop to breakeven then let trade run with other lot
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  #26 (permalink)  
Old 12-03-2009, 11:33 PM
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Default Re: Gbp/jpy: H4-20sma

Cool well, I may get around to testing it out for myself someday..at the moment I've got way too much on my plate though.

Good luck to you!

Cheers,
Alan
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