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Very interesting Doji. Thanks for sharing. Just my two cents: when testing systems, it seems to be necessary to look back for a minimum of 3 months, and better to manually backtest for 1 year in order to get accurate stats that include all market conditions. Please let us know how your demo results ...

Thanks guys.

Decided to close out my trade, as price kept being rejected in the 93.00 area, and short term looks very "toppy". Final stats on the trade that was initiated 9 days ago: Profit Total of 522 pips on 3 entries: 1st Entry, profit of 242 pips 2nd entry, profit of 189 pips 3rd entry, profit of ...

NZD/JPY Update - Price continues to consolidate right around the 93.00 area, creating a bullish Cup and Handle formation. Needs to break through 93.00 area decisively fairly soon, or it's likely to go back down and test the 92.00 level, IMHO. If price breaks decisively up through 93.00 and stays abo...

NZD/JPY update - the NZD news came out and it was REALLY bad. The good news is that price only moved down about 30 pips as immediate reaction to the negative PPI Input/Output numbers. The bad news is that price seems to be stuck in a holding pattern. I moved my Profit Stops up just a bit, but still ...

NZD/JPY CCI Trendline was broken to the upside last night, but I didn't add to my position as price is now below the 34 EMA. Price pushed down upon release of the JPY Monetary Statement and it appears that we are in consolidation. NZD PPI Input/Output is scheduled for release later today, and that m...

Major round number area of 93.00 was a bit of a temporary "wall". Looking to add to my position IF, solid CCI trendline break occurs near-term after JPY Monetary Policy Statement news has been released and digested, and price has remained above EMA, as per my rules. (Hate these "Tenta...

Update - NZD/JPY testing 93.00 area . Stop Profits in place below strategic structure. 1st Profit Target only about 70 pips away.

I'm normally a scalper, but trying to also develop some longer term trade discipline. Utilizing my CCI Trendline Break/34 EMA strategy, I've entered NZD/JPY 3 times thus far. Long term, very optimistic targets for this trade based on harmonics and 2007 highs, are 93.74, 95.98, and 98.89. If fundamen...

TRO - what the heck are you talking about? I haven't posted about his spam in this thread in over 7 months! RicG... daytradingradio isn't violating any forum rules. We have been over this already. No one is forcing you to read their posts. Those dang KITCHEN SPAMMERS are a whole different story!!