Fib level trade by STROBOT

Sometimes STRobot does really amazing trades check out this FIB level trade where he took an entry from he 23.6 to the 38.2 and closed at target

Look at the way STRobot set up the trade you can see he’s thinking about the shorts for quite a while before the entry happened and his target was perfect for 134 pips profit.

http://www.strobot.rocks

 

Is the AUDCHF correction over?

So Strobot took an AUDCHF short about 10 minutes ago.

Let’s look at his chart.

So we are firmly at the top and broken back into the SELL zone, the AUDCHF pair is coming back from being overbought so this looks like a big square up of the downward move. If this correction is over we will at least get 0.81785 for a target or maybe lower judging by the previous move. Our Heiken Ashi Sell signal appeared just at the right place.

So the yellow line is basically our signal line, the upper area above it is the sell zone, the lower is the buy zone, we don’t take trades outside that area. The Gold line is a daily MA that allows us to trade with the overall trend plus we are using RSI and currency strength (not shown on the chart).

Time will tell! But one thing I do know is it will be VERY VERY slow as the USA is having a lovely turkey thanksgiving dinner.

Here is the daily chart with the currency strength.

 

http://www.strobot.co.uk

 

GBPCHF 99 pips profit closed for weekend.

Ok so here is the GBPCHF that broke down, my entry order went in at 1.52786 and then I closed my trade for the weekend 100 pips up. I want another trade short on this pair *BUT* it needs to break through two levels of support. I had a good week last week with 144 pips profit for the week.

Most of those were robot trades and a couple where I used the system to do manual trading as you have been reading.

The robot doesn’t actually place that many trades.

Have a great weekend every one see you Monday and don’t forget to register for the webinar! 🙂

http://www.strobot.co.uk

GBPUSD Long entry order (manual)

Ok so we have GBP GDP figures this morning and I have been looking for a suitable trade. GBPUSD is of prime interest, I’ve used STROBOT’s set up on it and the chart to take an entry order after the last support @ 1.70360. You can see that the pair has been in a bullish trend for a whole but has been dropping with USD strength.

My stop is at 1.69612 Strobot’s suggested stop and my TP at 1.71908.

This is purely a manual speculative trade. I want to give the pair room to whipsaw which it probably will. thus my entry is 42 pips from price. This pair can move a lot of pips.

So target is 145 pips from my entry but we have to get 42 pips up first. With this pair this is absolutely not a problem and a 200 pip move is not uncommon, the last was on the 12 of June.

And then…

STROBOT decided he’d take a LONG GBPCHF!!! 2 minutes before news – a much better choice I think.

 

http://www.strobot.co.uk

STRobot doubled a customers account LAST NIGHT

Let me give you an example of a live trading account with $100 USD in it.

STRobot did make two losses yesterday of 60 pips but you can see compared to what it achieved overnight.

 

I have now stopped trading manually.

http://www.iwanttobeaforextrader.com

(Please note past performance is no indication of future success and you should not place the orders shown as STRobot dynamically modifies the orders as the market moves).

SignalTrader Trading System Video Thursday

Latest update now uses RSI for congestion.

Daily Trading Video demonstrating new congestion detection. http://www.iwanttobeaforextrader.com