Hello everyone,
I have been using my own system to create signals for the GBP/USD and for the USD/CHF crosses. These signals get generated around 5 pm eastern time. They are set and forget types, let run for a day. I have found it useful to be able to 'get away' from the computer at times. Hopefully some others may benefit from it too.
There may be a long and/or short trade reccomendation for the GBP/USD and for the CHF/USD.
The orders use stop entries, and become active at 6 pm eastern, and any open or unexecuted oorders should be cancelled/closed at 6 pm eastern the next day when the reccomendations come out. Fridays, close everything out at 430pm eastern. Trade entry resumes 6pm Sunday with the new signals.
The GBP/USD cross trades about 12 times/month. It has a profit target of 40 pips, and a stop loss of 30 pips.
The USD/CHF cross trades about 7 times/month, it has a profit traget of 50 pips, and a stop loss of 25 pips.
I'll be trying to get these posted everyday in a timely manner for people to watch and, please, comment on. Most times the entry prices aren't hit until later in the evening as the Japanese & European markets get moving.
Happy to get feedback, suggestions, ideas, etc - always appreciate help!
For today 6pm eastern 5/31/2005 to 6pm eastern 6/01/2005:
No CHF/USD signals today
GBP/USD : 1 signal today
- go long (buy stop) at 1.8233. Stop Loss 1.8203. Take Profit 1.8273.
I'll try to get everything posted in a timely manner and keep the results up to date for you all.
Thanks.
I have been using my own system to create signals for the GBP/USD and for the USD/CHF crosses. These signals get generated around 5 pm eastern time. They are set and forget types, let run for a day. I have found it useful to be able to 'get away' from the computer at times. Hopefully some others may benefit from it too.
There may be a long and/or short trade reccomendation for the GBP/USD and for the CHF/USD.
The orders use stop entries, and become active at 6 pm eastern, and any open or unexecuted oorders should be cancelled/closed at 6 pm eastern the next day when the reccomendations come out. Fridays, close everything out at 430pm eastern. Trade entry resumes 6pm Sunday with the new signals.
The GBP/USD cross trades about 12 times/month. It has a profit target of 40 pips, and a stop loss of 30 pips.
The USD/CHF cross trades about 7 times/month, it has a profit traget of 50 pips, and a stop loss of 25 pips.
I'll be trying to get these posted everyday in a timely manner for people to watch and, please, comment on. Most times the entry prices aren't hit until later in the evening as the Japanese & European markets get moving.
Happy to get feedback, suggestions, ideas, etc - always appreciate help!
For today 6pm eastern 5/31/2005 to 6pm eastern 6/01/2005:
No CHF/USD signals today
GBP/USD : 1 signal today
- go long (buy stop) at 1.8233. Stop Loss 1.8203. Take Profit 1.8273.
I'll try to get everything posted in a timely manner and keep the results up to date for you all.
Thanks.