May Pip Count

May 1 – May 4
- 3 pips
May 7 – May 11
+170 pips
May 21 – May 25
+30 pips
May 28 – May 31
No trades
Total:
+197 pips
  • mike1349

    that’s good you put the pipcount.Keep up the good job;)

  • mike1349

    that’s good you put the pipcount.Keep up the good job;)

  • obelfx

    Nice Piping “comdollia”. You did well. Any reason for not trading in the last week?

  • obelfx

    Nice Piping “comdollia”. You did well. Any reason for not trading in the last week?

  • happypip

    Thanks Obelfx,

    I didn’t trade because everything wasn’t lining up to my taste: fundamentals, interest rate differentials and trends. I’m a big on trend trading, and the Aussie and Kiwi were in a sideways pattern before the breakout we saw a couple of days ago.

    I like the loonie a lot, but I’m a little cautious of this 11% run it’s had against the Greenback. I still bearish on USD/CAD throughout the summer, just looking for a pullback.

    So, no trades this week, but keep out for a new idea soon!

  • happypip

    Thanks Obelfx,

    I didn’t trade because everything wasn’t lining up to my taste: fundamentals, interest rate differentials and trends. I’m a big on trend trading, and the Aussie and Kiwi were in a sideways pattern before the breakout we saw a couple of days ago.

    I like the loonie a lot, but I’m a little cautious of this 11% run it’s had against the Greenback. I still bearish on USD/CAD throughout the summer, just looking for a pullback.

    So, no trades this week, but keep out for a new idea soon!

  • solforexxx

    Hi there Happy,
    I’ve been following your blog and was wondering if you mind sharing your set up, the EMA’s and Stoch and so on, pleeease.

    =0)

  • solforexxx

    Hi there Happy,
    I’ve been following your blog and was wondering if you mind sharing your set up, the EMA’s and Stoch and so on, pleeease.

    =0)

  • happypip

    Hello solforexxx,

    I like to use “Pipcrawler’s Setup,” which he created to view price action over the course of the month. On a 4hr chart you would use 240 WMA on the high, low, and closing prices. Two bollinger bands, both with 240 MA and one & two standard deviation settings. And stochastics set to default settings (14,3,3). That’s it! It can also be applied to daily charts to get a feeling for price action over the course of the year.

  • happypip

    Hello solforexxx,

    I like to use “Pipcrawler’s Setup,” which he created to view price action over the course of the month. On a 4hr chart you would use 240 WMA on the high, low, and closing prices. Two bollinger bands, both with 240 MA and one & two standard deviation settings. And stochastics set to default settings (14,3,3). That’s it! It can also be applied to daily charts to get a feeling for price action over the course of the year.

  • solforexxx

    Thanks for that, there is one problem, i know what a EMA and SMA is but i dont know what or carnt find a WMA and when you say 240 MA do you mean EMA?
    Sorry to be a pain =0)

  • solforexxx

    Also i have been looking for pipcrawlers setup, as you said he/she is where you got yours from but i carnt seem to find it in the forums or in their blog =0(

  • solforexxx

    Thanks for that, there is one problem, i know what a EMA and SMA is but i dont know what or carnt find a WMA and when you say 240 MA do you mean EMA?
    Sorry to be a pain =0)

  • solforexxx

    Also i have been looking for pipcrawlers setup, as you said he/she is where you got yours from but i carnt seem to find it in the forums or in their blog =0(

  • solforexxx

    Ok, i used my powers of reading and deduction and have worked it out, thank you so much =0)

  • solforexxx

    Ok, i used my powers of reading and deduction and have worked it out, thank you so much =0)

  • Pipcrawler

    Hey solforexxx… I’m glad you figured it out. If you have any questions about my chart setup just email at pipcrawler@babypips.com, k? Good luck!

  • Pipcrawler

    Hey solforexxx… I’m glad you figured it out. If you have any questions about my chart setup just email at pipcrawler@babypips.com, k? Good luck!

  • Enilnoer

    A Pip count for every month is really awesome!
    You guys should do it in every blog so we can see the performance of different systems and pairs.

    A very good month indeed, almost two hundred pips!
    Please keep this months count idea HappyPip, and good luck to you all, and very good trades!

  • Enilnoer

    A Pip count for every month is really awesome!
    You guys should do it in every blog so we can see the performance of different systems and pairs.

    A very good month indeed, almost two hundred pips!
    Please keep this months count idea HappyPip, and good luck to you all, and very good trades!