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  • Post #1,101
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  • Jul 20, 2021 5:41am Jul 20, 2021 5:41am
  •  Clipi
  • | Joined Jan 2014 | Status: Member | 482 Posts
Quoting shadmar
Disliked
Lots : 0.5 TP : 10000 SL : 5000 RR is 2:1 May : +$467 June : +$155 July current : -$16 Half of July not going so great till now, but still 2 weeks to trade. {image}
Ignored

you use SL or TS. With this configuration of TP and SL in the test it does not give me good results. for me the best results are TP = 100 SL = 100 and TS = 50
you use SL or TS. With this configuration of TP and SL in the test it does not give me good results. for me the best results are TP = 100 SL = 100 i TS = 50
 
 
  • Post #1,102
  • Quote
  • Jul 22, 2021 7:49am Jul 22, 2021 7:49am
  •  liberty55
  • | Joined Jul 2010 | Status: Member | 245 Posts
forex1X8...I understand very well....K.I.S.S.

thank you for your idea
 
 
  • Post #1,103
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  • Jul 22, 2021 10:03am Jul 22, 2021 10:03am
  •  shadmar
  • | Joined Apr 2020 | Status: Member | 88 Posts
Quoting Clipi
Disliked
{quote} you use SL or TS. With this configuration of TP and SL in the test it does not give me good results. for me the best results are TP = 100 SL = 100 and TS = 50 you use SL or TS. With this configuration of TP and SL in the test it does not give me good results. for me the best results are TP = 100 SL = 100 i TS = 50
Ignored
I use a hard SL and a hard TP. I only need to win 37.5% or more of the trades to stay in profit when RR is 2:1
 
 
  • Post #1,104
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  • Jul 22, 2021 3:10pm Jul 22, 2021 3:10pm
  •  liberty55
  • | Joined Jul 2010 | Status: Member | 245 Posts
from 5 july to now....only 2 day/week ( summer is time to play outside....see the result

thank you for the simple idea...

have a lots of green pips

JP
Attached Image
 
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  • Post #1,105
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  • Jul 27, 2021 10:05am Jul 27, 2021 10:05am
  •  Clipi
  • | Joined Jan 2014 | Status: Member | 482 Posts
During the holiday seasons, like now in August and in the Christmas period, does the forex1x8 strategy also work well?

thanks!
 
 
  • Post #1,106
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  • Jul 27, 2021 12:04pm Jul 27, 2021 12:04pm
  •  ficibald
  • Joined Oct 2014 | Status: Lazy Trader | 871 Posts
Quoting Clipi
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During the holiday seasons, like now in August and in the Christmas period, does the forex1x8 strategy also work well? thanks!
Ignored
Yes
 
 
  • Post #1,107
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  • Jul 27, 2021 4:53pm Jul 27, 2021 4:53pm
  •  scherzi
  • Joined Aug 2013 | Status: Member | 582 Posts
Quoting forex1x8
Disliked
{quote} Good morning everyone. I will try to explain in a simple way what method 2 is. what is ADR? Simply put, ADR is the difference between the high of the day (32.952) and low of the day (32.777) see the image. At the moment, we have 174.60 pips of ADR. We know that the greatest volatility of this asset occurs after 16:30 (broker) We know that this pair at least has a daily ADR of 400 pips, right? Let's reason !!! If the asset has an average daily ADR of 400 pips and when it arrives at 16:30 it has 174.60 pips of ADR, it is likely that it will...
Ignored
It is quite smart, because when your ADR is beyond 2/3 it is unlikely to reverse if the road is free. I usually trade the opposite logic, when I am late (I trade a lot of reversals) but a retracement from above 2/3 of the ADR is a gift from the gods to ride the ongoing momentum that should not be ignored.
 
 
  • Post #1,108
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  • Jul 28, 2021 4:41am Jul 28, 2021 4:41am
  •  scherzi
  • Joined Aug 2013 | Status: Member | 582 Posts
Quoting forex1x8
Disliked
Good Morning That's why I stopped doing my posts. I opened the topic to start an exchange of information, but what did I see? I saw people attacking and running away from the topic. Anyway, I don't want to dwell on this conversation... The goal is to perfect a favorable risk vs. reward within the ideas I've shown. We could be way off on the walk... all together.
Ignored
You can use the ignore feature of the forum to hide posts and mentions of people you do not want to interact with. It is really healthy.
 
 
  • Post #1,109
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  • Jul 28, 2021 10:18am Jul 28, 2021 10:18am
  •  liberty55
  • | Joined Jul 2010 | Status: Member | 245 Posts
with recuperation method and resultat from 5 july ...only 2 or 3 days / week....no matter what economic new will do...

the only modification has did is place buy ans sell stop at -/+35 pips and place a second order when the other is took by the market after I am waiting until the first order have the same loss fund and I closed the fisrt one and the second still running depend my emorions....

Have a lot of green pips...

In september I will Have around 10-14 days only for the trading.....

JP
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  • Post #1,110
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  • Jul 28, 2021 12:20pm Jul 28, 2021 12:20pm
  •  montego
  • | Joined Jan 2014 | Status: Member | 1,058 Posts
Quoting liberty55
Disliked
with recuperation method and resultat from 5 july ...only 2 or 3 days / week....no matter what economic new will do... the only modification has did is place buy ans sell stop at -/+35 pips and place a second order when the other is took by the market after I am waiting until the first order have the same loss fund and I closed the fisrt one and the second still running depend my emorions.... Have a lot of green pips... In september I will Have around 10-14 days only for the trading..... JP {image} {image}
Ignored
Hi Can you Explain in more detail please ? i am having difficulty understanding how you are trading this, Cheers M
 
 
  • Post #1,111
  • Quote
  • Jul 28, 2021 1:41pm Jul 28, 2021 1:41pm
  •  forex1x8
  • Joined May 2018 | Status: Member | 315 Posts
Quoting liberty55
Disliked
with recuperation method and resultat from 5 july ...only 2 or 3 days / week....no matter what economic new will do... the only modification has did is place buy ans sell stop at -/+35 pips and place a second order when the other is took by the market after I am waiting until the first order have the same loss fund and I closed the fisrt one and the second still running depend my emorions.... Have a lot of green pips... In september I will Have around 10-14 days only for the trading..... JP {image} {image}
Ignored
Congratulations
 
 
  • Post #1,112
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  • Jul 29, 2021 10:04am Jul 29, 2021 10:04am
  •  liberty55
  • | Joined Jul 2010 | Status: Member | 245 Posts
AT MONTEGO,

CANDLE AT 16H30, TAKE THE OPEN PRICE ADD +35 PIPS ( IN MY CASE) = BUT STOP, TAKE OPEN PRICE SOUSTRACT -35 PIPS = SELL STOP,

THE STOP LOSS IN THE 2 SITUATIONS ARE THE ENTRY POINT OF THE OPPOSITE TRADE
TAKE
PROFIT DEPEND YOU BUT ALWAYS AROUND 30 PIPS OT MORE...

IF THE MARKET TAKE MY BUY STOP...I ADD ANOTHER SELL STOP WITH YHE SAME LOT SIZE. IF THE MARKET RUN AGAINST ME...i CLOSE THE BUY WHEN THE SELL STOP IS IN ...

2 OPTIONS ...IF THE MARKET CONTINU, WHEN I RECUPARE MY LOSS...I CAN CLOSE ALL ( NO LOSS AND NO GAIN) OR I TAKE THE RISK TO GO OUT WITH A LITTLE GAIN.

THE MAIN GOAL IS TO PROTECT YOUR CAPITAL...


HOPE IS MORE CLEAR


JP
 
3
  • Post #1,113
  • Quote
  • Jul 30, 2021 12:54pm Jul 30, 2021 12:54pm
  •  montego
  • | Joined Jan 2014 | Status: Member | 1,058 Posts
Quoting liberty55
Disliked
at montego, candle at 16h30, take the open price add +35 pips ( in my case) = but stop, take open price soustract -35 pips = sell stop, the stop loss in the 2 situations are the entry point of the opposite trade take profit depend you but always around 30 pips ot more... If the market take my buy stop...i add another sell stop with yhe same lot size. If the market run against me...i close the buy when the sell stop is in ... 2 options ...if the market continu, when i recupare my loss...i can close all ( no loss and no gain) or i take the risk to...
Ignored
Thanks jp, really appreciate you taking time to explain this method, and will give it a try, cheers m
 
 
  • Post #1,114
  • Quote
  • Jul 30, 2021 1:12pm Jul 30, 2021 1:12pm
  •  forex1x8
  • Joined May 2018 | Status: Member | 315 Posts
Quoting liberty55
Disliked
AT MONTEGO, CANDLE AT 16H30, TAKE THE OPEN PRICE ADD +35 PIPS ( IN MY CASE) = BUT STOP, TAKE OPEN PRICE SOUSTRACT -35 PIPS = SELL STOP, THE STOP LOSS IN THE 2 SITUATIONS ARE THE ENTRY POINT OF THE OPPOSITE TRADE TAKE PROFIT DEPEND YOU BUT ALWAYS AROUND 30 PIPS OT MORE... IF THE MARKET TAKE MY BUY STOP...I ADD ANOTHER SELL STOP WITH YHE SAME LOT SIZE. IF THE MARKET RUN AGAINST ME...i CLOSE THE BUY WHEN THE SELL STOP IS IN ... 2 OPTIONS ...IF THE MARKET CONTINU, WHEN I RECUPARE MY LOSS...I CAN CLOSE ALL ( NO LOSS AND NO GAIN) OR I TAKE THE RISK TO...
Ignored
Perfect
 
1
  • Post #1,115
  • Quote
  • Edited 6:28pm Jul 30, 2021 6:15pm | Edited 6:28pm
  •  soccerfan
  • Joined May 2013 | Status: Member | 831 Posts
Hi all, I love this thread..
Thanks for your info..
I am in Australia so I can't work out the 16:30 time equivalent, please help....
Thanks
Onwards and upwards...
 
 
  • Post #1,116
  • Quote
  • Jul 31, 2021 2:03am Jul 31, 2021 2:03am
  •  soccerfan
  • Joined May 2013 | Status: Member | 831 Posts
Hi all, I just had a look with fresh eyes...is this 16:30 candle the same as your 16:30..??
Open. 34881
High. 34992
Low. 34877
Close. 34950
Thanks
Attached Image (click to enlarge)
Click to Enlarge

Name: Screenshot_20210731-152957-810~2.png
Size: 127 KB
Onwards and upwards...
 
 
  • Post #1,117
  • Quote
  • Jul 31, 2021 3:52am Jul 31, 2021 3:52am
  •  binnie
  • Joined Dec 2010 | Status: invisible | 894 Posts
Quoting soccerfan
Disliked
Hi all, I just had a look with fresh eyes...is this 16:30 candle the same as your 16:30..?? Open. 34881 High. 34992 Low. 34877 Close. 34950 Thanks {image}
Ignored
yep - same as mine
 
 
  • Post #1,118
  • Quote
  • Jul 31, 2021 6:13am Jul 31, 2021 6:13am
  •  soccerfan
  • Joined May 2013 | Status: Member | 831 Posts
Quoting binnie
Disliked
{quote} yep - same as mine
Ignored
Thanks m8..
11 pm my time .... it's past my Bedtime but It think I will wait up...
Cheers
Onwards and upwards...
 
1
  • Post #1,119
  • Quote
  • Jul 31, 2021 6:51am Jul 31, 2021 6:51am
  •  scherzi
  • Joined Aug 2013 | Status: Member | 582 Posts
Quoting soccerfan
Disliked
{quote} Thanks m8.. 11 pm my time .... it's past my Bedtime but It think I will wait up... Cheers
Ignored
Why don't you use an APAC index?

There will surely be indices that you can trade during your daylight hours.

All markets behave in a similar fashion.
 
 
  • Post #1,120
  • Quote
  • Jul 31, 2021 7:08pm Jul 31, 2021 7:08pm
  •  soccerfan
  • Joined May 2013 | Status: Member | 831 Posts
Quoting scherzi
Disliked
{quote} Why don't you use an APAC index? There will surely be indices that you can trade during your daylight hours. All markets behave in a similar fashion.
Ignored
Yes, I will have a look,. Thanks for the heads up
Onwards and upwards...
 
 
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