Disliked{quote} Although, my statistics show that on JPY pairs, the first couple of hours (8,9,10,11) London time are not as profitable as later in the day. Might have to do with the fact that I start the day at 6? I'll look into itIgnored
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Disliked{quote} Although, my statistics show that on JPY pairs, the first couple of hours (8,9,10,11) London time are not as profitable as later in the day. Might have to do with the fact that I start the day at 6? I'll look into itIgnored
DislikedHey Hal, I agree with you and I guess you are right. I do remember TooSlow mentioning that you start your tradingday where your broker starts the new day. I might have interpretted this too loosely, as I have a UK based broker "so therefore my day starts with the London session". Interestingly, after you mentioned the above, I had a look at my data again. (I have tracked over 500 trades on several pairs over the last 5 months) For EUR/GBP/USD crosses I have found no significant difference in profitability or W/L ratios weither you start at Asian...Ignored
DislikedI HAVE READ POST #1 AND THE EXAMPLE LINKS BUT I STILL HAVE A QUESTION Hi TooSlow & Hal7 You both seem to have great success with this and i'm going to give it a trial from next week. I have looked at many of your trades, but have a couple of questions if that's ok. 1) Do you only trade in the direction of the trend or would you look at something in the opposite direction as I have seen many good opportunities against the trend. 2) I see that Hal7 always seems to take 5 pips from each trade, do you have a set stop loss or treat each trade individually?...Ignored
DislikedThanks for your advice lemercenaire I've done a few test trades that worked out well, but just wanted to check I hadn't missed something. Admittedly I haven't red the whole thread as its pretty long but have gone the most the most recent pagesIgnored
Disliked{quote} What do you mean by Drawdown imoveit? Also, the GJ position from yesterday ended at BEIgnored
Disliked{quote} No, that's not what that meant. Using a UK broker the start is not the start of the UK trading day but midnight, UK time.Ignored
DislikedThanks for your advice lemercenaire I've done a few test trades that worked out well, but just wanted to check I hadn't missed something. Admittedly I haven't red the whole thread as its pretty long but have gone the most the most recent pagesIgnored
Disliked{quote} Is the alarm supposed to alert you so you don't miss the entry?Ignored