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  1. erebus

    BUY the DIP & SELL the RIP

    Here is the chart as I normally look at it with the 200 EMA and FX Power showing the longer-term strength and weakness. On the GBPAUD you can see the AUD is not as strong as we would like it to be, but it came back; can it continue this week is the question. Now, for the AUDCAD, we can see...
  2. erebus

    BUY the DIP & SELL the RIP

    This is the poster chart for the manual explaining this system; 4 signals, 4 winner, minimum drawdown, maximum profits. Any questions? PS: My new style chart, note that the 4-Bar fractal indicators is also showing the continuation signals as the smaller stars.
  3. erebus

    BUY the DIP & SELL the RIP

    Update on the week past, or is it, passed? September 25 to 29, was end of month, end of quarter, IF all signals were taken as given, mechanically, the week was breakeven results, but I made satisfactory progress in the 2 demo accounts. Charts to follow. On edit: Here is the sheet with the...
  4. erebus

    BUY the DIP & SELL the RIP

    It was, but GBP got strong for some reason, oh well, 1-day doesn't make a trend change, some USD news soon, and then we have Freaky Friday. Thanks, any questions?
  5. erebus

    BUY the DIP & SELL the RIP

    I'm running this on 2 Demo accounts and my own live account. One is at 1% risk per trade, see below, it's looking good, and the other is at 0.5%.
  6. erebus

    BUY the DIP & SELL the RIP

    Some great results coming in, all EUR charts pretty much the same signals.
  7. erebus

    BUY the DIP & SELL the RIP

    Okay, did I mention that I wasn't trading any CHF pair? Out of the original 28, that left 21 pairs. Now I decided to also drop AUDNZD, EURGBP, USDCAD, which are all correlated and trade the same market times. This leaves a balanced group of 18 pairs, with 10 down trend, 4 up trend and 4 neutral...
  8. erebus

    BUY the DIP & SELL the RIP

    Another signal on the EURNZD, here is how easy it is to check and record these signals, change the charts at 1, read the signals at 2 and enter in spreadsheet as shown - Candle 2 and 9 there. Can see this week so far for all pairs.
  9. erebus

    BUY the DIP & SELL the RIP

    EURNZD hits Take Profit, not that surprising when looking at previous retracements, as Candle 2 wasn't a problem, the other 3 in profits.
  10. erebus

    BUY the DIP & SELL the RIP

    I don't know if this is good or not, so early in the week, 4 signals on Candle 2 already, 3 sell and 1 buy, let's see what happens, demo is in all 4.
  11. erebus

    BUY the DIP & SELL the RIP

    And then I realized that I also needed a Multi Chart for the Neutral pairs as per the previous posted Up Trend and Down Trend chart; have to watch for when the bias decides to take a direction.
  12. erebus

    BUY the DIP & SELL the RIP

    Another visual tracking method for the week, pairs and signals are color coded and candles number 1 to 30. And then I realized if I added the Trend column, I could sort the Buy & Sell pairs, and also tally each.
  13. erebus

    BUY the DIP & SELL the RIP

    If you think the long trades were a good results, check out all the short trades; only 3 still open, no losers, and 20 winners! I mean, 20 winners at 0.25% risk are 5% of your account, think about that. Example is EURUSD, the "X" signals of previous week are losers, so should we not enter that...
  14. erebus

    BUY the DIP & SELL the RIP

    I have been reviewing the past week; my thoughts now are, limit each pair to 4 entries at 0.25% for a total of 1% per pair. Also, I will use ADR(10) as the Stop Loss and Take Profit. Using the above chart example, here is how I see the 1st entry marked as #2 on that chart, it is stopped out...
  15. erebus

    BUY the DIP & SELL the RIP

    I will be revisiting this strategy beginning next week, who's with me? :) Parameters and an example below - Establish a trend bias on Weekly & Daily charts using 5 EMA and 12 EMA Enter on the 4-Bar Fractal signal opposite to the trend Use 1 x ADR(10) for Stop Loss and Take Profit at 1% risk...
  16. erebus

    Daily High Low Close

    Should look like this, depending on your settings, NO alert
  17. erebus

    Daily High Low Close

    Sharing the simple indicator here
  18. erebus

    BUY the DIP & SELL the RIP

    Okay, so I've gone off this a little bit. 1 - It's challenging work, but it helped my reading of price action greatly 2 - I'm more interested in the Larry Williams 9-EMA strategy on daily charts Standby for my thread on that
  19. erebus

    BUY the DIP & SELL the RIP

    A great week closed 2 positions manually and still positive results with the increased lot sizes. I need to research this further; I'll be busy doing more analysis with a focus on 1-Hour entry for these volatile pairs.
  20. erebus

    BUY the DIP & SELL the RIP

    Mid-week update: and what a week it has been so far, huge gyrations in the GBP pairs. I increased the lot size, these are closed so far, and opened another tranche of positions on Thursday.
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