daily range Strategy | Page 25 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Strategy: Daily Range Spike and Pull Back 161 replies

Daily Range Strategy 19 replies

Range/Last = range in %... help find the bug... 2 replies

How to get range of h/l on previous day's range? 1 reply

Another Daily Range Strategy GBP/USD 23 replies

Attachments: daily range Strategy
Exit Attachments

daily range Strategy

  • #481
  • Nov 26, 2006 6:14pm Nov 26, 2006 6:14pm
Quoting drlc01
permanentjaun,

it seems that Kamanda was doing the OCO order so one trade based on previous day closed (5PM EST). Although the setup is of course one long and one short.

Seems like an easy setup and he claims with high resulting PIPs.

Thanks,
Eric
Still not entirely sure what you're asking me. I hadn't followed kamandas system much since it was just a 55 and 35 straddle. OCO order is just "one cancels other" order. So he is still straddling, but only allowing for one trade a candle. So I don't know how to give you results then what I've already given except only allowing for one trade a candle. Possible, but then I think you alter the system too much.

traderone has mentioned that he would let some trades run longer than 50 pips. As soon as you do that you affect the expected payout of the system dramatically such that its no longer the same system. How does he know which times to let it run and when to stop it at 50? I'm trying to find something that is proven to work consistently. Unfortunately traderone pointed out that 100 SL on a weekly chart may not be enough.

I'll have to look at my results again, but perhaps a 150 SL would still produce good results. I'll ask the question now then. At what point do we consider the system worthy of being traded? When we can average 100 pips a month? 150? 200? What is successful for this system?

Traderone - I haven't looked at a daily chart yet, but when you say the 100 SL doesn't work are you saying the price will rise say 100 pips. We enter a trade. It then retraces 100+ pips and then rockets 200-300 pips up to close up 200-300 pips? Or were you speaking in terms of being stopped out if using a trailing SL? Not sure if that would really change the question. Matt
  • #482
  • Nov 26, 2006 6:37pm Nov 26, 2006 6:37pm
Does anyone know of a good forex broker with a spread on gbp/usd of 3 pips or less. I would greatly appreciate any suggestions.

MR. DETROIT
  • #483
  • Nov 26, 2006 7:01pm Nov 26, 2006 7:01pm
Quoting 62a94
Does anyone know of a good forex broker with a spread on gbp/usd of 3 pips or less. I would greatly appreciate any suggestions.

MR. DETROIT
This question probably deserves a thread of it's own. {if it doesn't exist already}
Borker Spreads are a beast unto theirown.
  • #484
  • Nov 26, 2006 8:05pm Nov 26, 2006 8:05pm
<TABLE style="WIDTH: 297pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width=396 border=0 x:str><COLGROUP><COL style="WIDTH: 48pt" width=64><COL style="WIDTH: 50pt; mso-width-source: userset; mso-width-alt: 2450" width=67><COL style="WIDTH: 48pt" width=64><COL style="WIDTH: 55pt; mso-width-source: userset; mso-width-alt: 2669" width=73><COL style="WIDTH: 48pt" span=2 width=64><TBODY><TR style="HEIGHT: 12.75pt" height=17><TD class=xl29 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; WIDTH: 48pt; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" width=64 height=17>GBP/USD</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; WIDTH: 50pt; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" width=67></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; WIDTH: 48pt; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" width=64></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; WIDTH: 55pt; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" width=73></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; WIDTH: 48pt; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" width=64></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; WIDTH: 48pt; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" width=64></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent">High</TD><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent">Low</TD><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent">Close</TD><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent; mso-ignore: colspan" colSpan=2>Difference</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Daily</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9461999999999999">1.9462</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9322999999999999">1.9323</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9401999999999999">1.9402</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.3900000000000023E-2" x:fmla="=SUM(B3-C3)">0.0139</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Weekly</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9461999999999999">1.9462</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8932">1.8932</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9401999999999999">1.9402</TD><TD class=xl31 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="5.2999999999999936E-2" x:fmla="=SUM(B4-C4)">0.0530</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Monthly</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9097999999999999">1.9098</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8514999999999999">1.8515</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9077">1.9077</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="5.8300000000000018E-2" x:fmla="=SUM(B5-C5)">0.0583</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent">DAILY</TD><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent">WEEKLY</TD><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent">MONTHLY</TD><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent; mso-ignore: colspan" colSpan=2>CURRENTLY</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl25 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>R3</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9607333333333334" x:fmla="=SUM(B3+2*(B15-C3))">1.9607</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="2.0128666666666666" x:fmla="=SUM(B4+2*(C15-C4))">2.0129</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9861333333333333" x:fmla="=SUM(B5+2*(D15-C5))">1.9861</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl25 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>MR3</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9571000000000001" x:fmla="=SUM(B9+B11)/2">1.9571</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9962" x:fmla="=SUM(C9+C11)/2">1.9962</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.96705" x:fmla="=SUM(D9+D11)/2">1.9671</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl25 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>R2</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9534666666666667" x:fmla="=SUM(B15+(B13-B17))">1.9535</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9795333333333334" x:fmla="=SUM(C15+(C13-C17))">1.9795</TD><TD class=xl34 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9479666666666666" x:fmla="=SUM(D15+(D13-D17))">1.9480</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl25 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>MR2</TD><TD class=xl34 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9501500000000001" x:fmla="=SUM(B11+B13)/2">1.9502</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9697" x:fmla="=SUM(C11+C13)/2">1.9697</TD><TD class=xl34 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9379" x:fmla="=SUM(D11+D13)/2">1.9379</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl25 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>R1</TD><TD class=xl34 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9468333333333334" x:fmla="=SUM(2*B15)-C3">1.9468</TD><TD class=xl26 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9598666666666669" x:fmla="=SUM(2*C15)-C4">1.9599</TD><TD class=xl34 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9278333333333333" x:fmla="=SUM(2*D15)-C5">1.9278</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl25 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>MR1</TD><TD class=xl34 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9432" x:fmla="=SUM(B13+B15)/2">1.9432</TD><TD class=xl34 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9432" x:fmla="=SUM(C13+C15)/2">1.9432</TD><TD class=xl34 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9087499999999999" x:fmla="=SUM(D13+D15)/2">1.9088</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl29 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Pivot</TD><TD class=xl32 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9395666666666667" x:fmla="=SUM(B3+C3+D3)/3">1.9396</TD><TD class=xl32 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9265333333333334" x:fmla="=SUM(C4+D4+B4)/3">1.9265</TD><TD class=xl30 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8896666666666666" x:fmla="=SUM(D5+C5+B5)/3">1.8897</TD><TD class=xl31 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9397">1.9397</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl27 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>MS1</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.93625" x:fmla="=SUM(B15+B17)/2">1.9363</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9167000000000001" x:fmla="=SUM(C15+C17)/2">1.9167</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8795999999999999" x:fmla="=SUM(D15+D17)/2">1.8796</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl27 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>S1</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9329333333333334" x:fmla="=SUM(2*B15-B3)">1.9329</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9068666666666669" x:fmla="=SUM(2*C15-B4)">1.9069</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8695333333333333" x:fmla="=SUM(2*D15-B5)">1.8695</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl27 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>MS2</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9293" x:fmla="=SUM(B17+B19)/2">1.9293</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8902000000000001" x:fmla="=SUM(C17+C19)/2">1.8902</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8504499999999999" x:fmla="=SUM(D17+D19)/2">1.8505</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl27 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>S2</TD><TD class=xl33 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: yellow" align=right x:num="1.9256666666666666" x:fmla="=SUM(B15-(B13-B17))">1.9257</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8735333333333335" x:fmla="=SUM(C15-(C13-C17))">1.8735</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8313666666666666" x:fmla="=SUM(D15-(D13-D17))">1.8314</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl27 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>MS3</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.91835" x:fmla="=SUM(B19+B21)/2">1.9184</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8792500000000003" x:fmla="=SUM(C19+C21)/2">1.8793</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8212999999999999" x:fmla="=SUM(D19+D21)/2">1.8213</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl27 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>S3</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9110333333333334" x:fmla="=SUM(C5-2*(B5-B15))">1.9110</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8849666666666669" x:fmla="=SUM(C5-2*(B5-C15))">1.8850</TD><TD class=xl28 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.8112333333333333" x:fmla="=SUM(C5-2*(B5-D15))">1.8112</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent; mso-ignore: colspan" colSpan=6 height=17>Fibonacci Retracements base on Fridays Close of 1.9323</TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent; mso-ignore: colspan" colSpan=3 height=17>and today's high of 1.9462</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Fib 23.6</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent" align=right x:num="1.9429000000000001">1.9429</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent; mso-ignore: colspan" colSpan=2>Has passed thru</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Fib 38.2</TD><TD class=xl35 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent; mso-ignore: colspan" colSpan=3>1.9409 Has passed thru</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Fib 50.0</TD><TD class=xl35 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent; mso-ignore: colspan" colSpan=3>1.9392 Has passed thru</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17>Fib 61.8</TD><TD class=xl35 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent; mso-ignore: colspan" colSpan=4>1.9376 Has bounced off of twice now</TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR><TR style="HEIGHT: 12.75pt" height=17><TD class=xl24 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; HEIGHT: 12.75pt; BACKGROUND-COLOR: transparent" height=17></TD><TD class=xl35 style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD><TD style="BORDER-RIGHT: #ece9d8; BORDER-TOP: #ece9d8; BORDER-LEFT: #ece9d8; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"></TD></TR></TBODY></TABLE>
  • #485
  • Nov 26, 2006 11:38pm Nov 26, 2006 11:38pm
Quoting permanentjaun
Still not entirely sure what you're asking me. I
Traderone - I haven't looked at a daily chart yet, but when you say the 100 SL doesn't work are you saying the price will rise say 100 pips. We enter a trade. It then retraces 100+ pips and then rockets 200-300 pips up to close up 200-300 pips? Or were you speaking in terms of being stopped out if using a trailing SL? Not sure if that would really change the question. Matt
I meant when we only look at the weekly candles in backtesting, we can miss instances where on the 1 hour or daily charts the trade was triggered (say at a +100 move), then retraced to stop out at 100, then once again shot back up to hit what we set for take profit.

On the weekly charts those activities can sometimes be hidden and we would count a win, when in fact we would see on the daily or hourly charts that it was a loss. I was not using any kind of trailing stop in this instance. At this point I think even to test a weekly strategy we have to use at least the daily charts to get more accurate data.
Don Life is expensive, but includes a free trip around the sun.
  • #486
  • Nov 27, 2006 12:11am Nov 27, 2006 12:11am
Let me know what you find. I've had a very long week with family in town for thanksgiving.

A more definite idea of what happens is needed. If we need to increase the SL to 150 then it greatly affects what our straddle and TP levels are. Let me know what you find. Thanks. Matt
  • #487
  • Nov 27, 2006 7:17am Nov 27, 2006 7:17am
What is the stop loss on 55 -35 straddle ?

is the stop loss the same on both sides?

Quoting traderone
Kamanda was placing a straddle at 5 PM EST.

55 was his long trigger and 35 was his short trigger. His target was 50 pips but he often watched the trade and sometimes got a little more than 50. He said that very few trades were stopped for losses.
  • #488
  • Nov 27, 2006 9:48am Nov 27, 2006 9:48am
using the base mark`s strategy with 20 pips SL from london open i lost many pips today ... i think it was not a very good day for GBP/USD and this strategy today ..

what was ur performance for today ?
  • #489
  • Nov 27, 2006 1:01pm Nov 27, 2006 1:01pm
Greetings all, hope your holiday weekend (those that had one!) was a nice one. I've read through this thread a couple of times from a to z and am following with interest as stated in a couple of my prior posts as i trade mostly volatilaty breakouts and the idea of trading the DRS style suits me. One thing i might suggest is as this thread began as a "Daily" Range Strategy, to bring the "Daily" focus back into the thread. . . I'm all for seeing good things come out of the idea of a "Weekly" RS, and maybe Perma could begin a companion thread called "Weekly Rage Strategy" or similar?? It might also do this thread some good (The strict DSR model) if at some point in time there was a DSR II by Micardo with the idea of keeping the thread pure? LOL. If that is possible!

Just my ramblings, i appreciate EVERY post in this thread!

In no way is the above intended to stiffle any thoughts. Perma: I have thoroughly enjoyed your insightful posts on using the Weekly candles; very informative and thought provoking as i've stated before. . . though i think a thread devoted to the weekly would show more focused responses from some others. One thing that comes to mind is having such a thread might bring in thoughts/posts by such greats as James16 and Dialist who look at such long term charts in their trade setups and they might be able to add their 2 pips worth to such a thread.

My Best to all : )
Thom
  • #490
  • Nov 27, 2006 1:11pm Nov 27, 2006 1:11pm
accrete,

I understand. Sorry for side tracking with the weekly discussion. That only began because I would be able to use a years worth of data in only a few candles and not 260+ day candles. It was also because of the observation of weekly candles having smaller shadows and probably more suitable for this type of system.

I'm afraid branching off into a weekly thread wouldn't be good. The concepts are the same for a daily and weekly player. I worry that we still haven't found the key to this system and that by splitting the thread we will split the people putting input into it. If we can find what works on a daily chart then we'll know what works on a weekly chart.

I'll try to do some analyzing on a daily chart from now on. Matt
  • #491
  • Nov 27, 2006 1:19pm Nov 27, 2006 1:19pm
I hate to dissappoint you accrete, but I'm going to present another strategy using this system.

What if we used it intraday? Hehe. Hate me yet accrete?

Anyways, the idea is based on the observation that movement only really occurs during certain hours of the day. Take a look at a 2 hour chart. The majority of the candles have small ranges from their high to low. Then there a the handful of candles that have long real bodies of nearly 100 pips. It's also apparent on a 1 hour chart.

As soon as you said breakout accrete it made it come to mind. The problem is that this system would absolutely have to be automated. Sitting at the computer for every new 1 hour or 2 hour candle would be too time consuming. I'm just throwing the idea out there. Matt
  • #492
  • Nov 27, 2006 1:22pm Nov 27, 2006 1:22pm
Quoting permanentjaun
accrete,

I understand. Sorry for side tracking with the weekly discussion. That only began because I would be able to use a years worth of data in only a few candles and not 260+ day candles. It was also because of the observation of weekly candles having smaller shadows and probably more suitable for this type of system.

I'm afraid branching off into a weekly thread wouldn't be good. The concepts are the same for a daily and weekly player. I worry that we still haven't found the key to this system and that by splitting the thread we will split the people putting input into it. If we can find what works on a daily chart then we'll know what works on a weekly chart.

I'll try to do some analyzing on a daily chart from now on. Matt
I agree with Matt, the idea is to find the best strategy for Daily Range by making use of the weekly bars.

howard
Regards
  • #493
  • Nov 27, 2006 1:48pm Nov 27, 2006 1:48pm
Quoting permanentjaun
Let me know what you find. I've had a very long week with family in town for thanksgiving.

A more definite idea of what happens is needed. If we need to increase the SL to 150 then it greatly affects what our straddle and TP levels are. Let me know what you find. Thanks. Matt
Mark you can bet I'll let you know what I find out using the daily's for a weekly strategy. I'm with you on recovering from Thanksgiving. I'll be studying the charts hard though starting on Tuesday.

Breakout strategies are , I think, some of the most valid in trading. I think looking at the major Market Opens would be beneficial. Studying what trigger and TP and SL figures would work at the London and New York opens might be rewarding. I will look at that also.
Don Life is expensive, but includes a free trip around the sun.
  • #494
  • Nov 28, 2006 5:42am Nov 28, 2006 5:42am
I have to say that I've given up with my version of MarkJ's system of trading a straddle around the London open. Even with increasing the straddle from 20 to 22 pips it's still not delivering the sort of reliability or pips that I'm looking for.

Over the weekend I sat down and broke the results down into months and it didn't look too good. In the figures below I have deducted the 3 pip spread, so all figures are net. The target is 20 pips (net) and the stop loss is 25 pips (28 with spread).

June 92 pips
July -4 pips
August 180 pips
September 216 pips
October 236 pips
November (to date) 128 pips

Taking the 5 complete months June - October the win ratio is 73.9%
and the positive expectancy is only 2.02.

I'm afraid for me this is far too hit and miss. When it's good, it's exceedingly good, but when it's not its quite dire. Consistency seems to be the key thing here and this system I'm afraid, doesn't seem to have it.

I'm still taking note of the weekly straddle that you're looking at in this thread, although for me I wouldn't want to trade it. I prefer to be in and out of a trade within the day. So the intraday straddle you mention would suit me just fine - 2 hr charts? Yes, I can work with that.
  • #495
  • Nov 28, 2006 6:45am Nov 28, 2006 6:45am
Quoting JillyB
I have to say that I've given up with my version of MarkJ's system of trading a straddle around the London open. Even with increasing the straddle from 20 to 22 pips it's still not delivering the sort of reliability or pips that I'm looking for.

Over the weekend I sat down and broke the results down into months and it didn't look too good. In the figures below I have deducted the 3 pip spread, so all figures are net. The target is 20 pips (net) and the stop loss is 25 pips (28 with spread).

June 92 pips
July -4 pips
August 180 pips
September 216 pips
October 236 pips
November (to date) 128 pips

Taking the 5 complete months June - October the win ratio is 73.9%
and the positive expectancy is only 2.02.

I'm afraid for me this is far too hit and miss. When it's good, it's exceedingly good, but when it's not its quite dire. Consistency seems to be the key thing here and this system I'm afraid, doesn't seem to have it.

I'm still taking note of the weekly straddle that you're looking at in this thread, although for me I wouldn't want to trade it. I prefer to be in and out of a trade within the day. So the intraday straddle you mention would suit me just fine - 2 hr charts? Yes, I can work with that.
JillyB - even though they are all positive (except July little loss) don't you think that is good? At $10 a lot that would be nice I would think.
  • #496
  • Nov 28, 2006 7:46am Nov 28, 2006 7:46am
Greetings Matt. LOL. We are all in this together my friend. I would never hold at fault anyone (such as yourself) attempting to help further a good cause such as what we have here! Trust me when i restate that i'm all for the weekly data being in the mix. . . and intraday? Hahaha.

As i type during the NY session's new releases i'm watching price on 5 min candles and my first TP was hit for some nice pips in the bank with several more lots now locked in profit. The only indicators on my nearly naked charts is a simple harmonic-beat/daily OHML thingy on the 5m chart i made, and a TL/Channel drawn on the longer term charts with audio alerts to get me to the computer as price penetrates the levels.

Keep the good thoughts comin' Matt. I'm here to add what i can, rub elbows with some nice folk, and see us all with pips in the bank : )

Thom
  • #497
  • Nov 28, 2006 8:52am Nov 28, 2006 8:52am
Traderone,
With your version of the kamanda trade, do you keep the trade on through news? For example, this morning with durable goods news, do you hold the trade?
Thanks for all your comments,
Tom

Quoting traderone
Yes. I've had a good time over the last couple of weeks trading a kind of modified Kamanda system. You can find his posts earlier in this thread.

I have been placing straddle trades at 5 PM EST on the GBPUSD daily open.

For long trades I require a travel of 54 pips. For short trades I now use 40.

Stops were at the beginning 50 for longs and 35 for shorts. I have changed to 54 for longs and 40 for shorts. I use two lots per trade. One is set for a TP of 25 and the other for 50. Usually by around 10 AM EST I close out the second trade if not already stopped by SL or TP. I call the small trade T1 and the larger trade T2 on the enclosed spreadsheet. Started on Nov 7 and ended on Nov22. I didn't trade Friday because I still feel on Holiday! So far I like this method and it hasn't required a lot of nervous screen time.

I call it Karamba just for my own amusement. Enjoy. (282 pips so far).
  • #498
  • Nov 28, 2006 3:13pm Nov 28, 2006 3:13pm
I'm starting to wonder how accurate my data is. I'm not sure if the process I used to find the correct levels is correct. How should I factor in spread? How should I factor in SL? I want to be able to look at the numbers with the SL and spread in the charts to see the maximum profit levels rather than doing guess and check till I get there. Any ideas anyone? Matt
  • #499
  • Nov 28, 2006 3:45pm Nov 28, 2006 3:45pm
someone HELP!!!!
I want to play the 22 straddle with tp 23 and sl 25
i don't know how to setup the trade with a 5 pip spread.
can someone please illustrate it for me assuming for example the london open is at 1.9500.

mr. detroit
  • #500
  • Nov 28, 2006 4:35pm Nov 28, 2006 4:35pm
Quoting 62a94
someone HELP!!!!
I want to play the 22 straddle with tp 23 and sl 25
i don't know how to setup the trade with a 5 pip spread.
can someone please illustrate it for me assuming for example the london open is at 1.9500.

mr. detroit
buy 1.9527
sell stop-loss 1.9497 (25s/l + 5 spread = 30 total)
sell limit 1.9545 (23 - 5 spread = 18 net)

If you wanted 23 net profit, limit would be 1.9550. I wouldn't do that with the s/l though.

sell 1.9478
buy stop-loss 1.9508 (in trade system 1.9508 is the ask price. When the ask is this, the bid is 1.9503, which is 25s/l)
buy limit 1.9460 (same thing)

You need to make an excel spreadsheet and put formulas in. It is a whole lot easier just plugging in some numbers and let excel calculate the numbers to use than doing it in your head. I got a headache giving you the example.
2 traders viewing now