and make all your homework!
cheers
Can you teach me Carry Trade and Swing Trade? 5 replies
Golden rule: trade the trade! 16 replies
usa trade balance cad trade balance 6 replies
Philly Fed later - trade or not to trade? 10 replies
Months to trade or not to trade Forex? 2 replies
Dislikedhave i got the logic wrong here
perhaps I should test EURGBP
Euro is open thats what we are using for initial bias then if we trade the EURGBP as the banks open and market starts at 8am in UK
perhaps using EURUSD is wrong I chose it purely for the low spread I can get on my SB accounts
Perhaps if we set the bias between London Open and New York open as per normal with a single line and then trade EURUSD as the US banks and traders open
So perhaps not 1 trade a day BUT 1 trade per day on 2 diff swaps at London open (EURGBP) and New Your open...Ignored
DislikedI hate to have to say this because I admire the effort you put into these threads and systems, but you know there's something wrong with your trading strategy when you start blaming it on the currency pair.
And I would have thought tading the cross of EURGBP wouldn't yield much different results to GBPUSD or EURUSD over the long term.
It might be more profitable this week, but I suspect, as with EURUSD, it will blow up over a period of time.
As you said in your initial post, this system might blow up, I fear it has.Ignored
DislikedI like the clear-headed thinking premise behind this thread. i.e non-discretionary, once a day, win/loss ratio, simple parameters
I also like it when you "think aloud." Why not?
The addition of Stochastics and MACD color is elegant and simple.
However, Stochastics is only accurate in ranging markets. Thus, how about using ADX < 25 (pointing downwards) as a final filter.
I am surprised no one has back-tested the system manually for a few months. It should be easy enough. Just requires of that fleeting stuff called time.
All constructive...Ignored
DislikedSo i was wondering about putting a horizontal line in the 0,0003 and -0,0003 of MACD and only consider bounces which are higher than 0,0003 and lowers than -0,0003. Im gonna test both in two differents account and let's see how works.Ignored
DislikedHi Friends and Traders,
Here I attached tradable pairs for all sessions. There are totally 13 pairs i found. Anyone having suggestion. Plz Update it.Ignored
DislikedHi Gurukrish:
I am newbie, I am wondering that what is the meaning of 13 tradable pairs in London Session?, Also, Why it is a good idea to trade AUDCAD during that session? Both countries/brokers who interests in their currency not there.
How are they relate to this "once a day trading system"?Ignored
Disliked++++++++++++++++++++++++++++++++
Paulus has provided us with some very salient trade set up potentials. This could be a foundation for something very powerful. Thoughtful detail applied here, will serve us all well.
I am currently exploring AudUsd set ups from Tokyo open, but more so shortly after Singapore open, which is 2 hours later. What I'm seeing so far is promising but much more testing is required here.
@ GuruKrish:
I'm looking at other pairs and market times as well. I do have some general ideas but testing takes time.
Do you...Ignored
DislikedI searched through web and filter it to 13 pairs which is active all the sessions. But every site suggestion is vary from each other. Do you have clear list of which pair most active on each session? which pair active on overlapped session?Ignored
DislikedI am very new, I am wondering where to find a good MT4 Trading simulator to test your idea?Ignored