A cluster of stops all the way to 1.6218 on GBPUSD

forex live trades, setups, charts

Moderator: moderators

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 15544
Joined: Sun May 14, 2006 9:31 pm
Reputation: 3035
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Wed Jun 10, 2009 1:11 am

Hi Paul:

Please post all of your alerts in ONE THREAD.

Thanks for sharing.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Paul
rank: 150+ posts
rank: 150+ posts
Posts: 222
Joined: Tue Aug 19, 2008 1:00 pm
Reputation: 0
Gender: Male

Profit taken on GBPJPY +35PIPS

Postby Paul » Wed Jun 10, 2009 4:33 am

Sell GBPJPY @ 158.88 and abovE, TP 158.53, CLOSED before 3:00. Profit taken +35PIPS.
Attachments
gbpjpy1.gif
gbpjpy1.gif (30.52 KiB) Viewed 9504 times

Paul
rank: 150+ posts
rank: 150+ posts
Posts: 222
Joined: Tue Aug 19, 2008 1:00 pm
Reputation: 0
Gender: Male

BUY GBPUSD @ 1.6277 and below, TP 1.6325

Postby Paul » Wed Jun 10, 2009 5:27 pm

BUY GBPUSD @ 1.6277 and below, TP 1.6325
Attachments
gbpusd.gif
gbpusd.gif (50.05 KiB) Viewed 9489 times

Paul
rank: 150+ posts
rank: 150+ posts
Posts: 222
Joined: Tue Aug 19, 2008 1:00 pm
Reputation: 0
Gender: Male

BUY GBPUSD @ 1.6277 and below, TP 1.6325

Postby Paul » Wed Jun 10, 2009 6:40 pm

Position closed @ 1.6304 (+27 pips)

Paul
rank: 150+ posts
rank: 150+ posts
Posts: 222
Joined: Tue Aug 19, 2008 1:00 pm
Reputation: 0
Gender: Male

SELL GBPUSD @ 1.6307 and above , TP 1.6291

Postby Paul » Wed Jun 10, 2009 6:42 pm

SELL GBPUSD @ 1.6307 and above , TP 1.6291

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Paul
rank: 150+ posts
rank: 150+ posts
Posts: 222
Joined: Tue Aug 19, 2008 1:00 pm
Reputation: 0
Gender: Male

SELL GBPUSD @ 1.6356 , TP 1.6291

Postby Paul » Wed Jun 10, 2009 11:15 pm

SELL GBPUSD @ 1.6356 , TP 1.6291.

Entry is based on signals of turbulence (Hurst exponent less than 0.5) and the natural tendency of retreating to a predetermined price level. Intermittance may delay the retreat, but rarely negates it completely. The market changes its phases freely, and a strong trend may cause a serious problem to a poor margin.
Attachments
gbpusd.gif
gbpusd.gif (50.61 KiB) Viewed 9476 times

User avatar
rowdy
rank: 150+ posts
rank: 150+ posts
Posts: 157
Joined: Fri Feb 20, 2009 1:22 pm
Reputation: 1
Location: Murfreesboro, Tennessee
Gender: Male

Postby rowdy » Wed Jun 10, 2009 11:36 pm

Paul,
Could you please post your indicators? Thanks.
All I need is Supply and Demand

Paul
rank: 150+ posts
rank: 150+ posts
Posts: 222
Joined: Tue Aug 19, 2008 1:00 pm
Reputation: 0
Gender: Male

Commentary to BUY GBPUSD @ 1.6277 and below, TP 1.6325

Postby Paul » Wed Jun 10, 2009 11:42 pm

As you have seen the market overshot TP by more than 25 pips. I underestimated the reversal energy, and overestimated the energy of falls.
This estimation of energy is the only subjective element of the analysis. In fact GBPUSD retreated to another higher level of turbulence. Everything else is purely objective and not to be debated upon or disputed.
In the course of 24 hours the system generates 18 signals on M30 candles (18 out of forty eight). Only during 20% of the market time there is some trend. During the remaining 80%, the market is either antipersistent or random. The antipersistency means I can expect a retreat of prices to a predetermined level.

Attached please find EURUSD with recent signals. Each arrow shows what to do on the opening of a next candle. The system picked all the changes of the market on Wednesday. All signals are non-lag signals.

Another attachment is GBPJPY. All signals are self-explanatory.
Attachments
gbpjpy2.gif
gbpjpy2.gif (20.24 KiB) Viewed 9463 times
eurusd3.gif
eurusd3.gif (46.61 KiB) Viewed 9468 times

Paul
rank: 150+ posts
rank: 150+ posts
Posts: 222
Joined: Tue Aug 19, 2008 1:00 pm
Reputation: 0
Gender: Male

SELL GBPUSD @ 1.6356 , TP 1.6291.

Postby Paul » Mon Jun 15, 2009 8:54 am

SELL GBPUSD @ 1.6307 and above , TP 1.6291
SELL GBPUSD @ 1.6356 , TP 1.6291.
Those recommendations were based on signals of turbulence. Kindly study the GBPUSD chart to see the physics of turbulence. GBPUSD shot from 1.6307 to 1.6620. Yet it has retreated to the first signal level 1.6307 today. This area is marked by the blue colour. GBPUSD has made 313+313=626 pips, quite a handsome loop.
You may ask yourself how it is possible that GBPUSD retraces in such an exact manner.
Attachments
gbpusd2.gif
gbpusd2.gif (113.97 KiB) Viewed 9453 times

Paul
rank: 150+ posts
rank: 150+ posts
Posts: 222
Joined: Tue Aug 19, 2008 1:00 pm
Reputation: 0
Gender: Male

SELL GBPUSD @ 1.6307 and above , TP 1.6291,closed

Postby Paul » Mon Jun 15, 2009 3:13 pm

SELL GBPUSD @ 1.6307 and above , TP 1.6291
SELL GBPUSD @ 1.6356 , TP 1.6291.

Both positions have been closed on profit taking. (+16, and +65pips)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “forex”