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Re: SherriT post# 62488

Wednesday, 06/09/2010 7:49:47 AM

Wednesday, June 09, 2010 7:49:47 AM

Post# of 140146
GM board..Sherri..just gotta tell you about an overnight autotrade I made with Oanda last night.I decided to turn in a bit early so before I did I took a close look at AUD/JPY charts on 1 hour and 3 hour.I decided that I would place a sell at limit 75.70 (just below EMA(196)...then placed a limit 75.15 buy at 75.15 (just above 3 hour WMA(30))then went to bed.Woke up this AM and there were no open trades but I was up 55 pips for the account.What had happened was gorgeous...the first to execute was the long at about 9PM and about 4AM the sell executed.My entry point at the long was only 4 pips from bottom and entry point for the short was only 5 pips from the top.The trade was for only $1 a pip ...$55 net..but hey..if I could do this a few times a day with preset trades and just wait til entry it has the makings of something sweet!
Needless to say I have a lot of confidence in the Quad Tunnel and my charts(LOL)

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