Dislikedoh I agree 100% simple is best, its always when you go crazy things get messed up. On the other pairs U trade do you always use the same 00:00GMT even for like US/Cad pairs or would you use 00:00 on the originating pair.Ignored
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Dislikedoh I agree 100% simple is best, its always when you go crazy things get messed up. On the other pairs U trade do you always use the same 00:00GMT even for like US/Cad pairs or would you use 00:00 on the originating pair.Ignored
DislikedShort GBP/JPY with the opening of daily candle at 247.45; SL 248.34; TP1 (30pips) at 245.15 hit, 1 lot closed and SL of 2nd moved to B/E. 2nd lot still in play and currently + 60 pips (246.85).Ignored
DislikedI only count 2 prior candles meaning today is the 3rd in the ruleset. Looks like you posted your closing message 28 minutes ago and I dont see a new candle popping up anything soon. I think I am setup the wrong way. I am looking at the MT4 spot trader demo info. I am new to looking at this software so maybe I have done something wrong here.Ignored
DislikedThis is what I am showing right now and how do we have different data for the 23rd? I dont mean to be rude or mean I just want to fully understand the system as I love the results you are getting.Ignored
DislikedHmm..interesting..I just checked IBFX and it showing the same chart I posted above with NorthFinance..You have a bullish bar on 23 of July..but i have a bearish..weird..Ignored
DislikedOH wait I think its getting messed up because of the sunday candles. Look at the difference on my chart for the weekend and your chart for the weekend how they are a bit different. I bet that has somethign to do with where lines are getting drawn at etc. Thats the first divergence in charts as they were exactly the same before that.Ignored
Dislikedi don't thinnk the sunday candle has any bearing on the bars. i trade off a ibfx platform that is different from the thing's. mine shows only 7 red bars including the sunday bars. thing is right you cannot base your entry off of his times. to even get the same open as thing i have to watch for the open at 2100 gmt.Ignored
Dislikedlooks like the eur/jpy had a setup and hit also. How does this match up againts your chart?Ignored
DislikedWell correct me if I am wrong no matter where you live 00:00gmt is the same everywhere. If he says he opens at 00:00gmt it should be the same. All the other zones are either + or - of that threw conversion. Change local time but everyone should have the same 00:00gmt. The charts may be drawn a bit different depending on when the charting software starts the day but the entry should always be 00:00gmt according to the rules right? I was trying to figuare out when his software starts the day vs the one I am using. I am new so maybe I am completely messing something up here and I do appoligize if I am. It just may change the results by using different data that isnt giving the same info. Whats the point of using a system that has a great record if you dont have the same tools to tell you directions etc.Ignored
DislikedThis issue has been discussed at length in the Fozzy Forum, and yes, there can be different times for the beginning of a new Daily candle depending on when the broker begins and ends the trading day.
I suggest spending a few minutes reading the posts in this thread; it should make the situation clear and help with choosing a broker based on the Daily candle start time.
Enjoy:
http://www.forexfactory.com/showthread.php?t=5293Ignored