London close trading system for currencies | Page 154 | Forex Factory

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London close trading system for currencies

  • #3,061
  • Feb 25, 2020 9:05am Feb 25, 2020 9:05am
7 trades opened today
  • #3,062
  • Feb 25, 2020 9:07am Feb 25, 2020 9:07am
Quoting Zkk
7 trades opened today
2 with strong settings (gbpaud, gbpnzd)
  • #3,063
  • Feb 25, 2020 9:08am Feb 25, 2020 9:08am
4 trades for me with strong settings:

EURAUD
GBPNZD
EURNZD
GBPAUD
I EAT PIPS
  • #3,064
  • Feb 25, 2020 9:14am Feb 25, 2020 9:14am
Quoting jshear
4 trades for me with strong settings: EURAUD GBPNZD EURNZD GBPAUD
I running it on a different broker at the moment: no commission but higher spread, lower leverage (30)
  • #3,065
  • Feb 25, 2020 9:19am Feb 25, 2020 9:19am
5 orders today active
  • #3,066
  • Feb 25, 2020 11:56am Feb 25, 2020 11:56am
5 orders closed us Basket with reduced win
  • #3,067
  • Feb 25, 2020 6:21pm Feb 25, 2020 6:21pm
Today’s trades closed at reduced TP +2.2 percent


Jeff
I EAT PIPS
  • #3,068
  • Feb 25, 2020 7:10pm Feb 25, 2020 7:10pm
Quoting ghostbiker
by my EA you must only change the Magicnumber, the "old" orders are open and the EA work new on the next day. But you must close the "old" orders manually or the orders closed with the TP
OK got it thanks.
  • #3,069
  • Feb 26, 2020 9:11am Feb 26, 2020 9:11am
8 orders active today with London close EA Dashboard
  • #3,070
  • Feb 26, 2020 9:16am Feb 26, 2020 9:16am
6 orders for me on strong settings
I EAT PIPS
  • #3,071
  • Feb 26, 2020 9:57am Feb 26, 2020 9:57am
Quoting jshear
6 orders for me on strong settings
3 for me (strong settings): all closed in profit via dashboard basket TP
  • #3,072
  • Feb 26, 2020 10:05pm Feb 26, 2020 10:05pm
3.3% & 62 demo pips on 8 pairs 11 trades in less than an hour; -12% down for the month after a 10% and 30% basket stop loss - now set at 50% to allow for the higher risk settings (0.1 per 1K) ...10% was way too optimistic
  • #3,073
  • Edited 6:31am Feb 27, 2020 4:12am | Edited 6:31am
What a disaster today with the Corona Virus and Brexit. If we get out of this I am going to turn off London Close for a month and disable the Pound Pairs. These markets are much too risky for this strategy. It's a good strategy but in normal times. I have my safety SL set at 60 percent my gains using this strategy over the past 2 months.


Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-02-27 at 7.12.39 AM.png Size: 93 KB
I EAT PIPS
  • #3,074
  • Feb 27, 2020 6:19am Feb 27, 2020 6:19am
Quoting jshear
What a disaster today with the Corona Virus and Brexit. If we get out of this I am going to turn off London Close for a month and disable the Pound Pairs. These markets are much too risky for this strategy. It's a good strategy but in normal times. I have my safety SL set at 60 percent my gains using this strategy over the past 2 months. Jeff {image}
The London Close hit my max DD of 60 percent. I won't be running this strategy again for a few months. Will focus solely on my manual trading as these type of systems in this crazy environment don't work. Lesson learned.


Jeff
I EAT PIPS
  • #3,075
  • Feb 27, 2020 9:16am Feb 27, 2020 9:16am
4 orders opened today, no GBP pairs

I will the next day's NO trade London close and see what is the problems

all pairs, metal and all other CFT work grazy, only the RangeTrader is working well with personal control
  • #3,076
  • Feb 27, 2020 9:31am Feb 27, 2020 9:31am
all 4 orders close in profit with reduced Basket TP

Attached Image (click to enlarge)
Click to Enlarge Name: Londonclose_02.27.png Size: 88 KB
  • #3,077
  • Feb 27, 2020 9:33am Feb 27, 2020 9:33am
Quoting ghostbiker
4 orders opened today, no GBP pairs
Strong settings, one pair GBPAUD closed with a small basket win
  • #3,078
  • Feb 27, 2020 9:39pm Feb 27, 2020 9:39pm
3% in few hours - max DD 4% trading 2*GBP and 2*EUR pairs..

Sorry to hear of your losses Jeff - a lot of systems are really suffering at the moment...in hindsight 10% basket SL may be the best bet - as in most cases the winning days rarely get more than 5% DD...
  • #3,079
  • Edited 9:27am Feb 28, 2020 9:15am | Edited 9:27am
5 orders active today and closed with Basket TP fast

Attached Image (click to enlarge)
Click to Enlarge Name: LondonClose_02.28.png Size: 88 KB
  • #3,080
  • Feb 28, 2020 11:42am Feb 28, 2020 11:42am
poooh... 4 orders GBP pairs finally closed with a small basket profit after being DEEP in red before ;-)
1% this month with a 30 leverage, better than nothing from my bank...

*****correction*****
It's more than 1%, as I had it running with another broker some days and also used another magic number sometimes
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