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Simple Trading system for Intraday/short term

  • #101
  • Jul 4, 2007 8:34am Jul 4, 2007 8:34am
My advice to everybody... go to sleep or party....rest...
The market is very slow... don't west of you time and electricity...
Came back during Non-Farm Payrol...

See you than...
  • #102
  • Jul 4, 2007 10:22pm Jul 4, 2007 10:22pm
cud you tell me what time you use to calculate the "fibo and pivot" in the post #48... 24h GMT or 5h GMT ... the time frame where you go take OHLC what's ???? daily or H1.
I see others pivot and they take OHLC to the day -1.
I'm sorry my english....
thanks Pedro
  • #103
  • Jul 4, 2007 10:32pm Jul 4, 2007 10:32pm
Dear Pepejeans,

May I know.. where are u from?
Than I tell you how to take the time zone.
  • #104
  • Jul 4, 2007 11:34pm Jul 4, 2007 11:34pm
Today's PP;
Attached Image (click to enlarge)
Click to Enlarge Name: PP July5.jpg Size: 38 KB
  • #105
  • Jul 5, 2007 12:19am Jul 5, 2007 12:19am
I am taking OHLC from 00 GMT to 24 GMT
from zone location at (GMT+8)

I hope this will help to find out the time zone;

http://fxtrade.oanda.com/resources/fxmarkethours/
  • #106
  • Jul 5, 2007 12:54am Jul 5, 2007 12:54am
From now on... I will start taking Open price from Sydney open, and
Close from New York Close (previous day).

High and low will be the between open and close previous day.


I think.. This easy for everybody to find out the right time.

Refer to this site;
Just change the time zone according your location, than you will know what is the right time for you.

http://fxtrade.oanda.com/resources/fxmarkethours/
  • #107
  • Jul 5, 2007 1:30am Jul 5, 2007 1:30am
Sorry..... Everybody..
From my study few minutes ago...
The best time to take is from GMT 0 to GMT24
Less problem...

Any update.. I will let you all know..
Good Luck!
  • #108
  • Jul 5, 2007 8:52am Jul 5, 2007 8:52am
For the Pivot you use tha OHLC from the previous day...
exemple : you are in the day 5/07/2007, you use to calculate the pivots the OHLC from day 4/07/2007...
Thanks very much from your sistem i begin today to use, i loss but i have now a reference/nivels to make my choise.
Pepe
  • #109
  • Jul 5, 2007 10:30am Jul 5, 2007 10:30am
For the first time I win money.... in forex real money Today....
Thanks for your sistem I think is very good
  • #110
  • Jul 5, 2007 10:42am Jul 5, 2007 10:42am
Hi Pepejeans,

Congratulation!... how much u manage to take?

Keep on doing... share with others also...

I manage to take 37 pips only..
  • #111
  • Jul 5, 2007 10:46am Jul 5, 2007 10:46am
Yes...that's correct...
For my advise... just follow my calculation at this moment as a guidence..


Quoting Pepejeans
For the Pivot you use tha OHLC from the previous day...
exemple : you are in the day 5/07/2007, you use to calculate the pivots the OHLC from day 4/07/2007...
Thanks very much from your sistem i begin today to use, i loss but i have now a reference/nivels to make my choise.
Pepe
  • #112
  • Jul 5, 2007 10:59am Jul 5, 2007 10:59am
What pars you trade ... GBPUSD
  • #113
  • Jul 5, 2007 11:00am Jul 5, 2007 11:00am
I have to go now...
Anything...i will reply tmrw...
have a good day to everybody...
Good night!
  • #114
  • Jul 5, 2007 11:02am Jul 5, 2007 11:02am
GBP/USD


Quoting Pepejeans
What pars you trade ... GBPUSD
  • #115
  • Jul 5, 2007 3:14pm Jul 5, 2007 3:14pm
I loss in the first but it was in asia/europe time at 6h44 GMT and i loss -30 pips my mistake.... i go to sleep rsrsrsrs
at +-14h GMT i open a sell 50.000 (5 mini lot) at 2,0133, than +-14h20 i buy 30.000 (+3 pips) rsrsrs i'm afraid rsrsrsrsrs .... than i stop the 20.000 i have a +-14h45 (+29 pips)...
the loss is my mistake
  • #116
  • Jul 6, 2007 12:10am Jul 6, 2007 12:10am
Take it as a lesson!
When u do trading... be infront of your computer.
Anywhere..is good..u manage to cover the loss..
Keep it up!


Quoting Pepejeans
I loss in the first but it was in asia/europe time at 6h44 GMT and i loss -30 pips my mistake.... i go to sleep rsrsrsrs
at +-14h GMT i open a sell 50.000 (5 mini lot) at 2,0133, than +-14h20 i buy 30.000 (+3 pips) rsrsrs i'm afraid rsrsrsrsrs .... than i stop the 20.000 i have a +-14h45 (+29 pips)...
the loss is my mistake
  • #117
  • Jul 6, 2007 12:20am Jul 6, 2007 12:20am
Today's Entry;
Attached Image (click to enlarge)
Click to Enlarge Name: PP Chart July6.jpg Size: 38 KB
  • #118
  • Jul 6, 2007 2:09am Jul 6, 2007 2:09am
Anybody had entered to at 2.0102 may facing reversal.

For me... I manage to protect my profit at +3 pips.

I hope some of you also manage to do the same.

We try again latter... don't worry... Forex open 24 hrs...

ok....Good Luck!
  • #119
  • Jul 9, 2007 1:08am Jul 9, 2007 1:08am
Today's Entry...
Attached Image (click to enlarge)
Click to Enlarge Name: PP July9.jpg Size: 38 KB
  • #120
  • Jul 9, 2007 2:08am Jul 9, 2007 2:08am
This is PP for London Session...
Is not much different from Asian Sessions..
Attached Image (click to enlarge)
Click to Enlarge Name: PP London Session July9.jpg Size: 44 KB
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