{quote} Are you losing money while US30 plough its way 2000 pips upwards? This is the million dollar question,look at currencies eg: ''EURUSD'' the war is approx 23 days old,what was EURUSD ADR before that?
The Chonchy
- #1,421
- Mar 18, 2022 3:44pm Mar 18, 2022 3:44pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
- #1,422
- Mar 19, 2022 6:38pm Mar 19, 2022 6:38pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #1,423
- Mar 20, 2022 4:22pm Mar 20, 2022 4:22pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Don't be sorry,you are not wrong,it's probably one of your trading styles,if it works never disregard that chonchy,I was just referring to actual price action and naked chart
The Chonchy
- #1,426
- Mar 21, 2022 12:58pm Mar 21, 2022 12:58pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} 9:30am new york time, utc-4, gmt-4
The Chonchy
- #1,427
- Mar 21, 2022 1:00pm Mar 21, 2022 1:00pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} If your broker is using new york close chart, than trading time will ALWAYS start at 16.30 broker time.
The Chonchy
- #1,430
- Mar 21, 2022 7:30pm Mar 21, 2022 7:30pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} I scalp US30 its a beast,more vicious than gold with its monster ADR reputation, not here to stay long term trading this instrument,also trade breakouts when necessary with naked trading no indicators,but I appreciate when traders have a combination of both....hedging is very important if you know the market structure well,that by itself is a different skill.
The Chonchy
- #1,431
- Mar 21, 2022 7:49pm Mar 21, 2022 7:49pm
- Joined Aug 2018 | Status: Trader | 1,458 Posts
{quote} ....Thanks for your response...Well I also scalp for a few pips the markets and chose the US30 for his volatility (Monster or Beast as you called him) but like to look at longer time frames for a broad view of the market....I use 3 different time frames 1M, 5M and 15M when the are all in sync one way or the other I take a risk with a hard stop then when in profits I move the stop to lock in profits and let it run or take a few pips as the markets recommend ...I try to do the money the old fashion way...I earn it lol...thanks for your responses...
- #1,434
- Mar 22, 2022 2:55pm Mar 22, 2022 2:55pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{image}
The Chonchy
Hi everybody 
I'd like to find an MT4 indicator whith open price and open range. Do you have it or if someone can create this ?
You can look on graph that the price react on the Line
(Time Frame M1).
1- On/Off open price at hh:mm with line parameters = for example 15h30 on graph (white line)
2- On/Off Delay of open range in hh:mm with rectangle and line parameters = for example first 15 minutes on graph (Violet rectangle and green/red line)
3- On/Off first minute on graph (red rectangle)
4- On/Off extended line of OPR with % parameters 4 below OPR and 4 above = +-100 +-200 +-300 +-400 on graph (white lines)
Thanks a lot
I'd like to find an MT4 indicator whith open price and open range. Do you have it or if someone can create this ?
You can look on graph that the price react on the Line
(Time Frame M1).1- On/Off open price at hh:mm with line parameters = for example 15h30 on graph (white line)
2- On/Off Delay of open range in hh:mm with rectangle and line parameters = for example first 15 minutes on graph (Violet rectangle and green/red line)
3- On/Off first minute on graph (red rectangle)
4- On/Off extended line of OPR with % parameters 4 below OPR and 4 above = +-100 +-200 +-300 +-400 on graph (white lines)
Thanks a lot
jeanlouie made a Boxes_from_Open indicator lately which could be helpful for this - don't know - I'll add the file(s) here which produces such a chart. You have to adjust the pip digit parameter for your need (it's now set to 10 - my WS30 has only 1 Digit). If not useful - ignore or delete - I didn't read every post here {image} {file} {file}
The biggest tip that this asset can give you is your ADR. Arriving at 16:00 (broker). Look at the high and low of the day and place the pending orders. Another great tip. Look at the high and low of the H4 sail from (13 to 17 hs) ... price most often breaks the high and low of this H4 candle from (13 to 17 hs). I like simplicity. see in the image the break of the H4 candle that closes at 17 o'clock (broker) see how many days you would have won. do you really need indicators? {image}
