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London close trading system for currencies

  • #2,741
  • Jan 8, 2020 3:31pm Jan 8, 2020 3:31pm
Quoting jshear
Today’s trades with reduced TP +1.1 percent. Jeff
very nice result + 1.1 % - the banks pay 0.0 % per year for your money :-)
in Germany the banks cash minus 0.5 % for the capital :-)
  • #2,742
  • Jan 8, 2020 3:32pm Jan 8, 2020 3:32pm
Quoting ghostbiker
{quote} very nice result + 1.1 - the banks pay 0.0 per year for your money :-)
Yes. Today we have JPY pairs. I prefer reduced risk today with what’s going on in Iraq.


Thank you

Jeff
I EAT PIPS
  • #2,743
  • Jan 8, 2020 3:35pm Jan 8, 2020 3:35pm
Quoting ursinho4711
{quote} 1,76% Basket TP (goal 1.5%)... nice end of an exciting day! (and now go to bed Ghosty!)
funny / funky: no bed I must go to TV and look "Blacklist" but my pulse must come down hehe
  • #2,744
  • Jan 8, 2020 8:37pm Jan 8, 2020 8:37pm
Quoting ghostbiker
{quote} funny / funky: no bed I must go to TV and look "Blacklist" but my pulse must come down hehe
It seems that you like my "funky/funny"

Thanks for sharing your strategies info but I think it's better to post them into their correct threads so viewers will be easy to follow.
I have followed some of your threads too.

Thank you.
  • #2,745
  • Jan 8, 2020 9:00pm Jan 8, 2020 9:00pm
Hi, Im new here
I just knew this thread few days ago and immediately in love with its simple method.
I started trying Jess'EA on demo from last night (my timezone GMT+7 so EA will take markert order at 24h)
First time trying so I let trade run freely to see how EA work, I didnt set TP in pips or close basket in percentage. And this is what EA dash show now:
Attached Image (click to enlarge)
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200$ deposit, 0.01 lot per 50$ balance (0.04 lot per trade, 5 trades last night). Because of my timezone I cant observe my VPS and manually close trade so it will be great if anyone here can show their EA inputs and tell me a safe tp, sl for long term "set and forget" auto trading.
Thank ghost, Jess and others contributor.
Regards,
TDV
  • #2,746
  • Jan 8, 2020 11:07pm Jan 8, 2020 11:07pm
Closed my last open trade now,
Finished up on 2.5%, pretty good in my opinion.
I won't lie, In was a little worried though.
  • #2,747
  • Jan 8, 2020 11:11pm Jan 8, 2020 11:11pm
Quoting TDV
Hi, Im new here I just knew this thread few days ago and immediately in love with its simple method. I started trying Jess'EA on demo from last night (my timezone GMT+7 so EA will take markert order at 24h) First time trying so I let trade run freely to see how EA work, I didnt set TP in pips or close basket in percentage. And this is what EA dash show now: {image} 200$ deposit, 0.01 lot per 50$ balance (0.04 lot per trade, 5 trades last night). Because of my timezone I cant observe my VPS and manually close trade so it will be great if anyone here...
Again, and this is my opinion, but 0.01 per 50$ is way too much.
I would say 0.1 per 1000$ or in your case 0.02 per 200$, but even safer is 0.01 per 200$

Test for a week, take it from there.
  • #2,748
  • Jan 8, 2020 11:32pm Jan 8, 2020 11:32pm
Quoting bigbadwolf74
{quote} Again, and this is my opinion, but 0.01 per 50$ is way too much. I would say 0.1 per 1000$ or in your case 0.02 per 200$, but even safer is 0.01 per 200$ Test for a week, take it from there.
What about setting for tp, sl and basket close. As I said i cant close trade manually
  • #2,749
  • Jan 9, 2020 1:37am Jan 9, 2020 1:37am
Quoting TDV
{quote} What about setting for tp, sl and basket close. As I said i cant close trade manually
Jeff's 20 TP and 250 SL suggestion seems to make the most sense, along with a max % risk setting; but the SL assumes a 15+ trade basket will never reach its 250 SL.. @ nearly 4000 pips!! Max. basket risk of 2-5% would seem sensible if trading 0.1 lot per 10K (stopped out on a demo this morning using 2%); but I am aware most here trade at a much higher risk trading manually, which is obviously MUCH more profitable ( 100 pips today manual vs 2% demo account loss non manual).
  • #2,750
  • Jan 9, 2020 2:10am Jan 9, 2020 2:10am
with 200 $ it is better to trade with an Cent Account
  • #2,751
  • Jan 9, 2020 2:58am Jan 9, 2020 2:58am
Quoting marketace
{quote} Jeff's 20 TP and 250 SL suggestion seems to make the most sense, along with a max % risk setting; but the SL assumes a 15+ trade basket will never reach its 250 SL.. @ nearly 4000 pips!! Max. basket risk of 2-5% would seem sensible if trading 0.1 lot per 10K (stopped out on a demo this morning using 2%); but I am aware most here trade at a much higher risk trading manually, which is obviously MUCH more profitable ( 100 pips today manual vs 2% demo account loss non manual).
thank you, I know what setting I should test now
  • #2,752
  • Edited 9:45am Jan 9, 2020 7:33am | Edited 9:45am
funny / funky english:

today by London close the same strong settings us yesterday
because the war in IraQ

- minimum distance to 23.6 / 76.4 = 15 Pips (150 Points)

- ADR 60 Pips (600 points)

- Take Profit 25 Pips (250 points)

- daily profit for start 30 EUR / USD
after orders are come I will change the daily profit like the orders volume

-better no orders us bad orders-
  • #2,753
  • Jan 9, 2020 9:44am Jan 9, 2020 9:44am
the London close Expert Advisor Dashboard is fully automatically
and wait for the orders today 17:00 GMT

Attached Image (click to enlarge)
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  • #2,754
  • Jan 9, 2020 11:04am Jan 9, 2020 11:04am
Hi Guys,

I did not get any trades tonight.
  • #2,755
  • Jan 9, 2020 11:07am Jan 9, 2020 11:07am
3 orders active now from London close EA
  • #2,756
  • Jan 9, 2020 11:08am Jan 9, 2020 11:08am
Quoting bigbadwolf74
Hi Guys, I did not get any trades tonight.
My trades (i didnt change minimum distance, adr... as ghost suggested)
Attached Image (click to enlarge)
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  • #2,757
  • Jan 9, 2020 11:11am Jan 9, 2020 11:11am
3 active orders for me too. Using recommended strong settings for today.
I EAT PIPS
  • #2,758
  • Edited 2:57pm Jan 9, 2020 12:01pm | Edited 2:57pm
Closed with reduced TP +1.0 percent due to Bank of Canada Governor speaking in one hour and today we had a CAD pair open.


Jeff
I EAT PIPS
  • #2,759
  • Jan 9, 2020 12:11pm Jan 9, 2020 12:11pm
Quoting jshear
Closed with reduced TP +1.0 percent due to Bank of Canada Governor speaking in one hour and today we had a CAD pair open. See you next week. Tomorrow no London Close due to NFP. Jeff
Hi jshear, beside checking news, do you have any tips to consider when close trade and basket
  • #2,760
  • Edited 12:52pm Jan 9, 2020 12:33pm | Edited 12:52pm
funy / fanky english: 3 orders closed with daily target reduced + 1.65 %

it is better to close with lower wins, news with the GBP Brexit

Attached Image (click to enlarge)
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