I will talk again about the subject that I wrote in # post 802.
Every day or the vast majority of days we have an explosion at the 16:30 candle (Broker) with the active US30. We have to explore this, as the market gives us few opportunities.
See what I said on #post 802 and see what happened yesterday and today and you can win every day with that idea.
As soon as the M30 candle opens at 16:30 (Braker) we have an opening price for that candle. Today was 33.958.
What's the idea?
The idea is to place 2 pending orders at a distance of 30 pips from the opening price. Today was: BUY STOP 33.988 SELL STOP 33.928
See that the price set BUY STOP and then came back ... but as the price always runs to one side ... we have already left the defense. I'm going to put today's result here.
I HAVE DONE THIS EVERY DAY.
This is just another suggestion that we can do with the US30 asset.
I will talk again about the subject that I wrote in # post 802. Every day or the vast majority of days we have an explosion at the 16:30 candle (Broker) with the active US30. We have to explore this, as the market gives us few opportunities. See what I said on #post 802 and see what happened yesterday and today and you can win every day with that idea. As soon as the M30 candle opens at 16:30 (Braker) we have an opening price for that candle. Today was 33.958. What's the idea? The idea is to place 2 pending orders at a distance of 30 pips from the...
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I thought your main entry was stop orders beyond the daily high and low upto 16:00 broker time.
You seem to have many different methods, all with different SL/TPs
{quote} I thought your main entry was stop orders beyond the daily high and low upto 16:00 broker time. You seem to have many different methods, all with different SL/TPs
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Friend See # post 818 Maximum and Minimum
See the result in # post 821.
I'm just showing one more possibility, in addition to the others.
You can win with all these possibilities.
See the H4 candles from (09 to 13) and the one from (13 to 17)
maximum and minimum of the H4 candle (09 to 13) Place pending order BUY STOP 5 pips above the maximum and SELL STOP 5 pips below the minimum.
maximum and minimum of the H4 candle (13 to 17) Place pending order BUY STOP 5 pips above the maximum and SELL STOP 5 pips below the minimum.
Good morning, today I was in a meeting at work and it was not possible to publish it on time. I was able to place a pending order by cell phone. SELL STOP 34.060 + 50 pips. {image}
1st method) Place 2 pending orders at 16:00 (Broker)
BUY STOP 10 pips away from the day's high (at 16:00)
SELL STOP 10 pips away from the daily low (at 16:00)
Easy ... very simple, because every day I have time, you can even put it on your cell phone. Watching the high and low at this time is very simple (It shouldn't be complicated to do an EA)
2nd method) Place 2 pending orders at a distance of 30 pips from the opening price of the M30 candle that opens at 16:30 (Broker). This method I am not able to do, because manually the price at this time is very fast, this method requires an EA ... (super profitable this method)
There would have to be an EA at 16:30 to place pending orders from the opening price of that candle that you just opened. It has to be very fast.
I will leave an illustrative image of the days 21-04 and 22-04.
There are 2 methods I do: 1st method) Place 2 pending orders at 16:00 (Broker) BUY STOP 10 pips away from the day's high (at 16:00) SELL STOP 10 pips away from the daily low (at 16:00) Easy ... very simple, because every day I have time, you can even put it on your cell phone. Watching the high and low at this time is very simple (It shouldn't be complicated to do an EA) 2nd method) Place 2 pending orders at a distance of 30 pips from the opening price of the M30 candle that opens at 16:30 (Broker). This method I am not able to do, because manually...
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We can have a Stop loss of 30 pips or according to the operator's wishes.
But we may NOT HAVE STOP LOSS ...
What would we have?
we would have a coverage with a folded lot of the entrance that was not triggered. For example today.
Opening price of the M30 candle at 16:30 was 33.124
We would have
BUY STOP 33.154
SELL STOP 33.094
You triggered the SELL STOP in 33.094 and went to TP ... but if it wasn't for TP and you came back?
BUY STOP 33.154 with double lot (2x) would be activated and we could recover the 1st entry.
SELL STOP entry at 33.094 with a 0.01 lot with a financial TP of $ 3 dollars, if it turns ... 60 pips would return until it reached 33.154 ... then we would have an entry at 33.154 with a 0.02 lot with the same financial $ U 3 .... 33.154 was another 45 pips, would cover the loss of the SELL STOP entry and close at $ 3 profit.
