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- 213 Results (3 Threads , 210 Replies )
- GCTrader1 replied Aug 12, 2009
It does, although like most trading strategies it works great for a while and then it seems like it has a 'break' from working. Me and a few others are working on trying to figure out what it is that makes it stop being as effective. Current theory ...
- GCTrader1 replied Oct 26, 2008
UPDATE — Ok, Since the volatility was very high on friday, I entered in a covered weekend straddle with 5 mini's each way on the euroyen and the aud/usd (since im still testing it, im only going in light). It worked beautifully with the ...
- GCTrader1 replied Oct 23, 2008
Ok, well the euroyen did not gap at all monday which means that i took a hit of 6 pips. Not exactly much. I still think the theory is sound. They did not widen the gaps or not allow me to trade at open. This makes it very promising if the volatility ...
- GCTrader1 replied Oct 19, 2008
Well thanks for sharing before last weekend Aussiepipe!!! Yes looked like it would have worked very nicely, that was what led to me to covered weekend straddle. Be very interesting indeed tomorrow morning. I am currently writing up code so it can ...
- GCTrader1 replied Oct 19, 2008
Thats right, it can be used on many pairs but what one has to look out for are the spread and the guaranteed stop loss minimum. Also it has to be a pair with sufficient volatility. euroyen works well because of the low spread and increased ...
- GCTrader1 replied Oct 19, 2008
I used 0 cents as an extreme example. Im hoping for anything over 30 pip gap...
- GCTrader1 replied Oct 19, 2008
They close market at 7am Sat local time (GMT+10). If it gaps down to 0 cents my short will make a killing while my GUARANTEED STOP on the long position will be closed out at -18 pips. Definition: In law and common usage: to undertake or engage for ...
- GCTrader1 replied Oct 18, 2008
Unfortunately there is little way to tell which way the market will gap as the reason for the rather large gaps lately is due to government announcements taking the market by surprise. This is why I am using the covered straddle strategy. With ...
- GCTrader1 replied Oct 17, 2008
Well this weekend will be the test. I have entered long and short trades in the euro/yen at market close with guaranteed stops at 18 pips(the minimum allowed with guaranteed stops). So come monday morning I will find out if this works out in ...
- GCTrader1 replied Oct 16, 2008
It is bassed upon gaps in the close and open values. The wider the better. Say it is friday night and the market is about to close......THEN, you place a market order to buy and sell the euroyen with guaranteed stos each way. The absolute amount of ...
- euroyen Gappy system
Hi all, Just want your imput on a new system im developing. It is the euroyen pair on candle. The ...
- GCTrader1 replied Oct 16, 2008
Interesting! — Not sure why the broker fees are so high, can you post the code and i will try it myself. Here is a pic of a new system im trying out. The indicator called gappy shows the equity line, the green bars are the win/loss amounts per ...
- GCTrader1 replied Sep 23, 2008
Quite correct, it was not a break of the pivot point. But with the current climate in the financial markets, a break of a consolidation period which is in line with fundamentals, it was a gamble I was willing to take. A consolidation around the PP ...
- GCTrader1 replied Sep 23, 2008
Yes, I still use IGMarkets and haven't had a problem with them yet. A couple of beautiful trades last night on the Aussie and Gold. In at 8359 and out at 8490 Gold, in at 884.95, out at 900. Attached is the pics that alerted me to the trades. A ...
- GCTrader1 replied Jul 14, 2008
A very nice trade on friday. In at 9619, out at a bit below the R2 at 9690. The system is still working! GCT image
- GCTrader1 replied Mar 10, 2008
Latest snapshot of the aussie — No squeeze worthy of a look on the aussie atm even tho the trigger level has come up it is nowhere near the pivot point. Keeping a close eye on it for now tho, I would not be surprised to see the aussie back at ...
- GCTrader1 replied Mar 8, 2008
Creepier or sexier?
- GCTrader1 replied Mar 8, 2008
What exact time and day is that signal given on? GCT
- GCTrader1 replied Mar 7, 2008
Hey mate, You done a backtest on this one? You written code yet or should I? GCT
- GCTrader1 replied Mar 7, 2008
Hi Jets, When the BBW is at a new low while it is around the central pivot point and it breaks away and the BBW is increased by more than 1 point than an entry is signaled in the direction of the break. You can swap positions and enter in the other ...