Same Whore .... Different Dress
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
"Keep your eyes on the helpers" - Mr. Rogers
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DislikedThanks guys, very kind of you!
This inside bar breakout trading is very time consuming and a bit distracting regarding my daily job. In a search for something better I'll use now something more simplier - still breakouts but not with the need to look at the chart every hour.
I know, such a system switch looks ugly just after one month, but give me the chance.Ignored
DislikedThe idea behind this approach is simple. I want to exploit the London and Frankfurt starting session after the first up and down and want to catch the daily trend. Surprisingly this works like a charm...Ignored
DislikedSure. The new strategy is simpler than the original one: Take the 30m candle at 8:00 GMT (so the candle from 800-830) and place an order above and below (like with the IB method). That's all. Pairs to trade: EUR/USD, EUR/CHF, GBP/USD, GBP/JPY. Other pairs work as well but that's enough.
The idea behind this approach is simple. I want to exploit the London and Frankfurt starting session after the first up and down and want to catch the daily trend. Surprisingly this works like a charm...Ignored
DislikedUgh... I did a very very stupid calculation error in my backtests, so forget about that new stuff. Inside bars will fight back.Ignored
DislikedThanks guys, very kind of you!
This inside bar breakout trading is very time consuming and a bit distracting regarding my daily job. In a search for something better I'll use now something more simplier - still breakouts but not with the need to look at the chart every hour.
I know, such a system switch looks ugly just after one month, but give me the chance.Ignored
DislikedYou are down for the month and I never heard of an experienced, successful, short term trader down for the month! Down for the day Ok, for the week..well...I've seen it. But for the month ? And even worse, by almost 10%!Ignored
QuoteDislikedYou told us before that you have other accounts, and assuming you are profitable on them what made you change strategies for an account that will be as public, as this one?