London close trading system for currencies

more Baskets closed today

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Hi all, hi GhostRider:

One of my last post was about:
https://www.forexfactory.com/showthr...59#post9059959

I've spent my time over at the "set and forget CCFP weekly …" thread..... lol.

Anyhow, I have looked thru some of the old post but I cannot find an answer to one question.

Say price is not 10 pips away from Take Profit (0.236 or 0.764) do we still place a limit order at 1600 GMT or do we skip the trade totally??

I think that answer is that we skip the trade and place no limit orders right?

thnx, Once I get this right I will start posting my results
Jess

Basket close today

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open Basket total now 12:10 GMT - 1.5%

@xmess7: "Say price is not 10 pips away from Take Profit (0.236 or 0.764)
do we still place a limit order at 1600 GMT or do we skip the trade totally??"

Answer: if the price not 10 Pips (now we have 8 Pips) away from fibo 23.6 or 76.4
we make NOT a order and NOT limit orders

we trade london close with the EA like this pic every day Mo - Fri 16:00 GMT
with the rules fibonacci

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Open Baskets friday NY close - 1.5%

the Epert Advisor start new to TOKYO monday 04.15.2019

Ok.. affirmative, no market or limit orders if the price I not within the buy or sell zones and the price is not 10 pips from the tp.

Based on the image do u use other factors in conjunction with rules to determine if it is ok to trade a signal?
I think you mentioned in one of the posts that u also use renko bars.

Thank you.
Jess

yes the rules in this EA are the same like manually London close trading 16:00 GMT

only we make in the ExpertAdvisor London close a Basket TP in EUR / $
for all opened orders: Example 5 Orders with 0.10 Lot = Basket TP 35 EUR
8 Order with 0.10 Lot 55 EUR. Is the Basket TP reached close all orders
automatically immediately

yes I use in an other system Renko bars with trend Indicators

Basket closed open now total minus 0.8%

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anyone want to test auto copy trading one month
without cost please contact me at email

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Basket and London close all closed nothing open

not bad for 4 months

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if anyone want to test auto copy trading one month
without cost please contact me at email

[email protected]

the Basket EA start again from the TOKYO session

Hi, is the TOKYO session with the same conditions as the with the LondonClose of 16:00GMT open? Or are you using the Renko approach?

One more question for the LondonClose limit orders. Are we still using the requirement of 10 pips distance or has that also changed to 8 pips?

thank you
J

- in the TOKYO session only the ExpertAdvisor for Basket trading (no London close)

- no Renko trading on this account

- yesterday EA for London close no signals, no orders (using 8 Pips distance 23.6 / 76.4)

- today 04.16.2019 in the TOKYO session close Basket with BE

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one Basket AUD is running yet 04:00 GMT

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Basket AUD closed with BE now, all closed no orders open

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no more Basket orders opened today

London close 7 orders today 16:00 GMT

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London close orders closed + 4.4% !! No DD all closed no open orders

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today total win Basket and London close + 8.4%

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Basket Expert Advisor for TOKYO time is ready and waiting for signals
Basket GBP pairs about BREXIT delete, not trade Basket GBP pairs

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no signals on TOKYO session today

no signal on London and NY session

only 1 order London close 16:00 GMT TP is 0.5%