ACD Method on GBP/JPY One trade a day | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

ACD Method by Mark Fisher 34 replies

Help in editing the ACD indicator? 2 replies

bo7a method... method for GBP/JPY 205 replies

sorilli's ACD system journal 24 replies

chyi's EA for the one trade a day method 21 replies

Attachments: ACD Method on GBP/JPY One trade a day
Exit Attachments

ACD Method on GBP/JPY One trade a day

  • #201
  • Jan 7, 2008 12:56am Jan 7, 2008 12:56am
Just closed 1 lot at 214.72
+21 pips profit
And put stop for 2nd lot at break even at 214.53(2 pips above entry to cover spread)

Time to sit back and hopefully enjoy a bit of a free ride
The more I wait the more I make
  • #202
  • Jan 7, 2008 1:13am Jan 7, 2008 1:13am
stopped out at b/e.

but I netted 20 pips on the first lot so I'm happy I took that failed A trade on.
The more I wait the more I make
  • #203
  • Jan 7, 2008 1:17am Jan 7, 2008 1:17am
Hi Donagh. This currently only works right at the end of the open period so you need to have it on chart right at 3:00 GMT for it to work. I did it very quick but I will update it tonight to draw as soon as you put it on chart for the last open range. If you want to see if it is working just change the end range hour input to the current hour and then change the minute to say 2 minutes in the future and just wait a few minutes and the lines for that range should appear. I will update tonight.
  • #204
  • Jan 7, 2008 2:30am Jan 7, 2008 2:30am
Just went long 215.42
Stop 214.70
The more I wait the more I make
  • #205
  • Jan 7, 2008 4:10am Jan 7, 2008 4:10am
Quoting rob1599
Hi Donagh. This currently only works right at the end of the open period so you need to have it on chart right at 3:00 GMT for it to work. I did it very quick but I will update it tonight to draw as soon as you put it on chart for the last open range. If you want to see if it is working just change the end range hour input to the current hour and then change the minute to say 2 minutes in the future and just wait a few minutes and the lines for that range should appear. I will update tonight.
Ok Thanks Rob,

I'll try it later.
cheers
The more I wait the more I make
  • #206
  • Jan 7, 2008 7:00am Jan 7, 2008 7:00am
Tightened my stop to 214.98,
44 pips from entry
I'm not feeling too confident about this long position at the moment
and think I better minimize a possible loss
The more I wait the more I make
  • #207
  • Jan 7, 2008 9:15am Jan 7, 2008 9:15am
Got stopped out. for a loss of -44 pips
thats -24 for the day so far in total.
What a pity I was up about 98 pips at one stage for the day.
Its a pity but I thought It really was going to keep on going up.

Oh well lets hope the next one is a biggie
The more I wait the more I make
  • #208
  • Jan 7, 2008 10:45am Jan 7, 2008 10:45am
It was hard to trade today on gj. Main trend is down very strong, so it was just a pullback. It is good idea to check out nikkei on close. gj usually goes the same way.
  • #209
  • Jan 8, 2008 6:45am Jan 8, 2008 6:45am
I got up an hour too late this morning and missed that big move up so I went back to bed.

I've just gone long at 216.39 after a good retracement.
I'm heading out for a few hours so I've set my take profit to 218.50
Very optimistic I know
And my stop is at 215.80
The more I wait the more I make
  • #210
  • Jan 8, 2008 1:00pm Jan 8, 2008 1:00pm
stopped out
-59 pips for the day.

I have to start getting up in time again.

Im missing too many trades getting up late.
The more I wait the more I make
  • #211
  • Jan 9, 2008 12:47am Jan 9, 2008 12:47am
Quoting rob1599
Donagh. I wrote up an indicator for you that should draw your lines automatically. I have set the default values for Guppy but the inputs can be modified for any pair as long as you know the open range and pip value. It will draw the red and green lines and the c lines as yellow. Give it a try. This indicator should work on any timeframe.
Hi Rob.

Thanks a lot for the indicator. Would you mind posting the mq4 file for this indicator?

Cheers!!
Eklavya
  • #212
  • Jan 9, 2008 1:11am Jan 9, 2008 1:11am
just went long at 216.23
stop 215.35

I got up in time this morning and well I'm really a bit late still.
Its been rallying since the start of the asian session last night.

Im hoping for it to get to at least the high of yesterday of 217.36
but I will be watching this one closely. I don't expect to be holding this all day after whats been happening all this week.
The more I wait the more I make
  • #213
  • Jan 9, 2008 1:19am Jan 9, 2008 1:19am
just closed that prematurely at 215.90
Something is happening cable is tumbling

loss -33 pips
The more I wait the more I make
  • #214
  • Jan 9, 2008 2:50am Jan 9, 2008 2:50am
phew!
I definitely did the right thing there.
Marks and spensors CEO calling for a rate cut after
a 2.2 % profit loss has freaked the market.

Cable is dropping big time and g/j is following as u/j is coming off top of its range.

We're very close to a C down!
The more I wait the more I make
  • #215
  • Jan 9, 2008 3:09am Jan 9, 2008 3:09am
I've gone short on the anticipation of the C down
at 214.74.

Stop at 215.10

Hope I'm right
a bit risky but, I'm only risking 36 pips, altough I have loaded the lot size up.
The more I wait the more I make
  • #216
  • Jan 9, 2008 3:24am Jan 9, 2008 3:24am
Did the same thing Donagh ! 214,73
  • #217
  • Jan 9, 2008 3:33am Jan 9, 2008 3:33am
Quoting Eklavya
Hi Rob.

Thanks a lot for the indicator. Would you mind posting the mq4 file for this indicator?

Cheers!!
Eklavya
Here is one I found while searching FF. I modified it so it has the correct defaults for GBPJPY
Attached Image (click to enlarge)
Click to Enlarge Name: acdtpl.gif Size: 15 KB
Attached File(s)
File Type: mq4 ACD1a.mq4   6 KB | 518 downloads
File Type: tpl acd.tpl   1 KB | 426 downloads
  • #218
  • Jan 9, 2008 4:00am Jan 9, 2008 4:00am
Jones,

I do not have metatrader. Would you mind copying on a Word file the program.

Thanks
  • #219
  • Jan 9, 2008 4:08am Jan 9, 2008 4:08am
Quoting galis
Jones,

I do not have metatrader. Would you mind copying on a Word file the program.

Thanks
ok
Attached File(s)
File Type: txt ACD1a.txt   6 KB | 552 downloads
  • #220
  • Jan 9, 2008 4:23am Jan 9, 2008 4:23am
Thanks Jones
0 traders viewing now