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Important Update to STRobot

If you are a STRobot user and not in our Skype Group please contact me using the form on this website as soon as possible for details of an exciting update.

This system now uses

4 Moving Averages
Hecken Ashi
Currency Strength and Weakness
Support and Resistance
…to work out its trades.You can trade manually as well as letting the robot do all the work for you!For more details http://www.strobot.co.uk

Trading update

Live Trades
Total Pips:217.00  Winning:233.50  Losing:16.50
Currency Direction Risk Target Currently
CADJPY.mf BUY -1.20 94.80 27.10
EURCAD.mf SELL 80.00 101.00 -9.60
EURGBP.mf SELL 79.90 107.30 -2.30
GBPJPY.mf BUY -1.40 105.30 20.50
NZDCAD.mf SELL -1.60 119.80 46.30
NZDUSD.mf SELL -96.30 270.40 139.60
NZDUSD.mf SELL 80.00 140.00 -0.80
GBPUSD.mf SELL 80.00 135.70 -3.80

So a couple of stop outs but compared to the gains it’s quite small , my favourite at the moment is the NZDUSD at 139 pips profit and still going – in fact strobot placed another trade on NZDUSD that TP’d yesterday for about 80 pips, we have a new entry on NZDUSD short.

In the risk column if it has a negative number that means that if it stops out it will stop out that amount of pips in profit. :-) result.

I am tempted to do some profit taking in front of the US news @ 13:30 however I have so many safe trades I’ll probably just hold.

http://www.strobot.co.uk

First 24 hours of the updated STROBOT

Live Trades

All numbers are PIPS.

 Total Pips:222.40  Winning:271.60  Losing:49.20
Currency Direction Risk Target Currently
 EURCAD.mf SELL -50.10 148.70 75.00
 EURCAD.mf SELL 80.00 100.40 6.30
 NZDUSD.mf SELL -49.50 270.40 82.10
 NZDUSD.mf SELL -35.20 93.00 67.60
 NZDCAD.mf SELL -5.30 171.60 39.80
 AUDNZD.mf SELL 80.00 101.30 -49.20
 EURGBP.mf SELL 79.90 107.30 0.80

Need I say more! Using Heiken Ashi smoothed has made a huge difference to the trading so far.

I wil be providing updates as time goes on.

Strobot basically enters trades, manages stops, targets and much more. Completely automatically.

http://www.strobot.co.uk

STRobot uses Heiken Ashi to enter.

Yes yes, I know there’s been no posts for a few days. My apogees I’ve been hellishly busy. STRobot has had a major update, to help him get better entries he uses Heiken Ashi. This means that he looks to trade in to big open areas between support and resistance but with Heiken Ashi driving the entry to the trade, the reason being that he can target to get safe with the trade on 30 pips (move the stop inside entry).

Here is a EURCAD short live trade in progress with a nice big target!

As the Heiken Ashi is on 15 minutes you can’t see it on this chart I’m going to look at a way of drawing the 15 minute Heiken Ashi in a separate window somewhere on the chart.

http://www.strobot.co.uk

That vote……

GBP will drop if there is a YES vote at 6am tomorrow morning, my advice set up orders but put them far enough away not to hit a whipsaw. In fact, I have mine in place.

When the market is going to move far in the other direction based on news, they normally take the currency pair in the opposite direction PRIOR to the news.

All the best everyone – also I have a new broker USG, they are based in Australia and also have a debit card Mastercard for access to your funds.

Click here to visit them.

GBP priced in the NO vote! YOU GOV shows NO!

So I was wrong about a drop on GBP which is ok. Except that GBPUSD is showing signs of turning round and heading back down south.

We have USD news this afternoon which, if favourable could net us some nice profits. THEN we will have our GBP drop, but not for the reasons I originally predicted.

yes folks, it’s ok to be wrong. I would rather be honest with my readers. You cannot get it right all the time.

 

No I am waiting with a robot entry order short at 1.62072 with a target of 1.61430

http://www.strobot.co.uk

GBP Pricing in a NO vote…preparing for a YES

OK everything you are about to read is purely theoretical. The big topic for everyone is GBP. The Scottish referendum has created very strange market conditions, instead of the usual floating around in a general direction we are moving into much bigger moves.  Over thee weekend Sterling gapped a huge distance.

I think Sterling is preparing to fall like we have never seen it fall or it will stay perfectly still on a no vote.

Part of the reason for this type of rallying up is ofcourse to square up the fall from last week. But in 9 days the vote will happen again, however if there is another YOUGOV poll that shows a yes we may see sterling plummet and then come back the day after.

Take a look at GBPCAD for instance.

The pair is high up CAD has been doing well but now we are seeing Sterling come up and fight it out in terms of strength but both are near extremes. I won’t be taking a long on this one!

http://www.strobot.co.uk

CADCHF looking for longs

So we had a big rally on CAD and we have the Bank of England’s Mark Carney speaking @ 11:45. I am 100% sure everyone’s focus will be on the UK/Scottish split, we could see further drops in Sterling and related currencies.

CADCHF is interesting as there is a huge gap up above 0.85715, we are currently at what looks like the bottom of a hook so I’m looking for longs.

Incidentally the pair has just moved straight back into a channel it was in already.

My robot “STRobot” is really quite uninterested in trading at the moment as the markets are on the whole hooking and he doesn’t like hooking. I have built in some new technology to avoid us getting into a hook at the wrong place.

 

http://www.strobot.co.uk

GBPNZD breakdown huge gaps on Scotland break up.

So the United Kingdom is under threat as the Scottish look at if they are going to break from the Union. This resulted in huge gaps, I had a short GBPNZD that TP’d!!!

Strobot is setting up for GBP shorts but well away from current price which would tie in with the timescale for the independence referendum.

http://scotreferendum.com/questions/what-contribution-would-an-independent-scotland-make-to-the-sterling-area/ according to the referendum website they think they can decide to keep sterling! It’s like saying, we’re leaving you oh and can we have half your house. This is not a wedding! The markets have ALREADY demonstrated their concern about the situation.

My prediction is:-

a. If Scotland say yes Sterling will crash down and possibly force the rest of the UK back into recession at least temporarily. The instability will affect everyone. Scotland’s arrogance thinking that the Bank of England will let the keep sterling may be premature.

http://www.bettertogether.net/blog/entry/leave-the-uk-leave-the-uk-pound

b. If Scotland say no then Sterling will have a relief rally and could go back to previous levels.

Ready to rock and roll!

 

NFP ready to roll

What a day yesterday.

HUGE profits for the robot. Now we are ready for 13:30’s Non farm payrolls.

So I have two trades left on – my second EURUSD short and USDCHF long both are safe that means I cannot lose the trades.

I have entry orders in placed by the robot now waiting ….

http://www.strobot.co.uk 

By the way I’m expecting the dollar to rally.

Here are some stats for those that are interested.

http://gyazo.com/323a0ac6eb16481105d2a1e7d7fcf6f3
http://gyazo.com/6f976a7a1b7f9f2b5045807d7b358ae3