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Attachments: Opening price US30
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Opening price US30

  • #521
  • Quote
  • Mar 25, 2021 8:58am Mar 25, 2021 8:58am
Today the ADR is already at 64% due to pre market volatility so I won't open any positions (well maybe in demo just to see what will happen) but from what I see if ADR has already moved more than 50% before we set our pending orders its hard to reach TP.
Truth is like poetry. And most people f*cking hate poetry.
  • #522
  • Quote
  • Mar 25, 2021 9:07am Mar 25, 2021 9:07am
let's go to work

maximum day 32.602
day minimum 32.275

BUY STOP 32.615

SELL STOP 32.265
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  • #523
  • Quote
  • Mar 25, 2021 9:13am Mar 25, 2021 9:13am
A question to all if anybody else has thought on these lines :

We are looking for combined ASIA and London Session BO during NewYork Session.

Can we trade the same BO of ASIA session during London Open Time?

Is this a good idea ...can we try or has any one tried?

Lets discuss this. Everything remains the same except ASIA session BO during London Open.
  • #524
  • Quote
  • Mar 25, 2021 9:14am Mar 25, 2021 9:14am
Got the same levels as @forex1x8

Iam curious too if we can reach a 50p or 75p target.
  • #525
  • Quote
  • Mar 25, 2021 9:18am Mar 25, 2021 9:18am
Quoting TraderSK
A question to all if anybody else has thought on these lines : We are looking for combined ASIA and London Session BO during NewYork Session. Can we trade the same BO of ASIA session during London Open Time? Is this a good idea ...can we try or has any one tried? Lets discuss this. Everything remains the same except ASIA session BO during London Open.

New ideas are always good, but don't be fooled by this asset. 90% of the time we arrive in NY with less than 250 pips of ADR.

Only take advantage of the explosion that we have in NY. I have been following this asset for a long time. Entries in other periods (Asia and Lodres) ... never try to win more than 50 pips.

A hug
  • #526
  • Quote
  • Mar 25, 2021 9:23am Mar 25, 2021 9:23am
Quoting forex1x8
let's go to work maximum day 32.602 day minimum 32.275 BUY STOP 32.615 SELL STOP 32.265 {image}
what broker do you use for this prices?
  • #527
  • Quote
  • Mar 25, 2021 9:28am Mar 25, 2021 9:28am
Quoting mrdfx
Today the ADR is already at 64% due to pre market volatility so I won't open any positions (well maybe in demo just to see what will happen) but from what I see if ADR has already moved more than 50% before we set our pending orders its hard to reach TP.
Just the suggestion of a jester.

Follow the rules ... it will make you confused.

If you have a DEMO account, there is no reason not to do it.

If you are in a real account ,,, place the lot of 0.01

We will never know what the MARKET (laughs lol), Sharks want to do ... so, follow the path ....

several times I have seen this asset make 800, 900 and 1000 pips of ADR.

a hug
  • #528
  • Quote
  • Mar 25, 2021 9:35am Mar 25, 2021 9:35am
Quoting chinchano
{quote} what broker do you use for this prices?
Thanks a lot. Done. I am quiet new to this pair. I will follow your rules.

Regards
SK
  • #529
  • Quote
  • Mar 25, 2021 9:36am Mar 25, 2021 9:36am
Quoting forex1x8
let's go to work maximum day 32.602 day minimum 32.275 BUY STOP 32.615 SELL STOP 32.265 {image}
High to SELL STOP is 337. ADR is about 400, which leaves only 63 points. Most of the ADR range is already consumed. What is your TP for todays sell?
  • #530
  • Quote
  • Mar 25, 2021 9:38am Mar 25, 2021 9:38am
SL on my sell orders!
25p & 50p of SL were definately to tight for today!
  • #531
  • Quote
  • Mar 25, 2021 9:44am Mar 25, 2021 9:44am
Quoting Mr.Marvin
SL on my sell orders! 25p of SL was definately to tight for today!
Look at using the h/l of the 5min bar that triggers the order. So initial SL at say 50, then after 5 minutes move it to the h/l of the last bar. This gives a really tight SL back within the range. If trade is good then price should breakout quickly and run away from the SL towards TP
  • #532
  • Quote
  • Mar 25, 2021 9:47am Mar 25, 2021 9:47am
Quoting forex1x8
{quote} Just the suggestion of a jester. Follow the rules ... it will make you confused. If you have a DEMO account, there is no reason not to do it. If you are in a real account ,,, place the lot of 0.01 We will never know what the MARKET (laughs lol), Sharks want to do ... so, follow the path .... several times I have seen this asset make 800, 900 and 1000 pips of ADR. a hug
can you solve my question?
  • #533
  • Quote
  • Mar 25, 2021 9:51am Mar 25, 2021 9:51am
Quoting forex1x8
let's go to work maximum day 32.602 day minimum 32.275 BUY STOP 32.615 SELL STOP 32.265 {image}
Everything is very relative.

I put a 50 pips STOp and lost.

Whoever put a stop of 100 pips with 50 pips of TP ,,, is victorious.

- 50 pips
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  • #534
  • Quote
  • Mar 25, 2021 9:52am Mar 25, 2021 9:52am
Quoting chinchano
{quote} what broker do you use for this prices?
This question has been asked and answered many times, perhaps try reading the whole thread instead of the first and last pages.
Truth is like poetry. And most people f*cking hate poetry.
  • #535
  • Quote
  • Mar 25, 2021 9:56am Mar 25, 2021 9:56am
Quoting forex1x8
{quote} Everything is very relative. I put a 50 pips STOp and lost. Whoever put a stop of 100 pips with 50 pips of TP ,,, is victorious. - 50 pips {image}
I did actually use 100 pips SL,too tight for this instrument,something I need to check os the ATR for SL,an idea I had,I still like your version of 20 pips above and below the opening price :-) I know R2R is life support in trading,its everything
  • #536
  • Quote
  • Mar 25, 2021 9:59am Mar 25, 2021 9:59am
Attached Image (click to enlarge)
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Its the 3rd day consecutive wins on my new MT5 account,100% wins,I don't demo,neither do I trade with phone.....is Esike trader or any similar tool available for MT5 platform?,thank you.
  • #537
  • Quote
  • Mar 25, 2021 10:02am Mar 25, 2021 10:02am
Quoting scsstnt
{image} Its the 3rd day consecutive wins on my new MT5 account,100% wins,I don't demo,neither do I trade with phone.....is Esike trader or any similar tool Available for MT5 platform?,thank you.
As soon as you work. Congratulations !!!!
  • #538
  • Quote
  • Mar 25, 2021 10:11am Mar 25, 2021 10:11am
@scsstnt was your Sl set at 100p on your both trades?
  • #539
  • Quote
  • Mar 25, 2021 10:13am Mar 25, 2021 10:13am
Quoting forex1x8
{quote} Everything is very relative. I put a 50 pips STOp and lost. Whoever put a stop of 100 pips with 50 pips of TP ,,, is victorious. - 50 pips {image}
Small loss,this is nothing compared to your overall win-rate,what is most important we never get emotionally sick when it happens,but you rather smile knowing that the system is real,losses occur anytime,actually when my SL gets hit,I'm stronger than before and NOT in revenge mode ever! There are always going to have more days,we accept minimal calculated losses,knowing this is just a temporary state.......trading is a great deal of common sense and no books will teach you that!
  • #540
  • Quote
  • Mar 25, 2021 10:15am Mar 25, 2021 10:15am
Quoting mrdfx
{quote} This question has been asked and answered many times, perhaps try reading the whole thread instead of the first and last pages.
first appear icmarkets, next FBS, next valutrades but for this price "maximum day 32.602 day minimum 32.275" no equal for this brokers
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