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Attachments: Trade the Day Open Fibo
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Trade the Day Open Fibo

  • #41
  • Feb 19, 2007 7:56pm Feb 19, 2007 7:56pm
Very nice system you got here, it looks like its able to catch all the big moves. However, on non-trending days such as the 12th and 13th of feb it shows some weakness. It is very promising though. So how many times do you stop and reverse on such days? Do you have a rule for that? Thanks for your time!
Matt
  • #42
  • Feb 19, 2007 8:04pm Feb 19, 2007 8:04pm
Quoting pipette4x
I've never used the ATR indicator. Could you tell a little about it and how to use it? thanks
Pls chek this link
in
  • #43
  • Feb 19, 2007 8:26pm Feb 19, 2007 8:26pm
GBPUSD - HL1 Trigered for Buy
TP1 is about to hit, I hope
Anybody trade this one?
in
  • #44
  • Feb 19, 2007 9:40pm Feb 19, 2007 9:40pm
I don't know if this will be of any help, but maybe you can somehow make use of it. It shows the weekly range. Check it out.
Attached Image
Attached File(s)
File Type: ex4 WEEKLY_Pivot_Range.ex4   4 KB | 482 downloads
  • #45
  • Feb 19, 2007 10:08pm Feb 19, 2007 10:08pm
Quoting zawodowiec
I don't know if this will be of any help, but maybe you can somehow make use of it. It shows the weekly range. Check it out.
Yes it help me to see where is the the position of Day Open Fibo HL
I use Fibonized Weekly Pivot, the math simply like this :

PIVOT = (lastWeekHigh + lastWeekLow + lastWeekClose) / 3;
R1 = PIVOT + (lastWeekRange * 0.382)
S1 = PIVOT - (lastWeekRange * 0.382)
R2 = PIVOT + (lastWeekRange * 0.618)
S2 = PIVOT - (lastWeekRange * 0.618)
R3 = PIVOT + (lastWeekRange * 1)
S3 = PIVOT - (lastWeekRange * 1)

Many thank to those who create fibo daily pivot indicator
Attached File(s)
File Type: mq4 FiboWeeklyPivot.mq4   4 KB | 552 downloads
File Type: mq4 FiboMonthlyPivot.mq4   4 KB | 486 downloads
in
  • #46
  • Feb 19, 2007 10:18pm Feb 19, 2007 10:18pm
I'm lately realize ..
GBPUSD forming Inverted Head and Shoulder
in
  • #47
  • Feb 19, 2007 10:29pm Feb 19, 2007 10:29pm
Here is this :
Attached File(s)
File Type: mq4 DayOpenFib.mq4   4 KB | 766 downloads
in
  • #48
  • Feb 20, 2007 12:32am Feb 20, 2007 12:32am
Becarefull Frankfurt Open had a tendency "Eating SL"
in
  • #49
  • Edited 1:43am Feb 20, 2007 12:38am | Edited 1:43am
Mitto,


was just looking at past charts, and october 2006 hitting SL's so much.

even, november n dcember not so good.
  • #50
  • Feb 20, 2007 12:53am Feb 20, 2007 12:53am
Hallo All,

It's seem that HMA 89 on TF 30 minute can be used as a trend setter.

I like to watch a daily candle on lower TF, so I attach the DailyCandle.mq4, hopely usefull.
Attached Image
Attached File(s)
File Type: ex4 HMA_Color.ex4   4 KB | 453 downloads
File Type: mq4 DailyCandle.mq4   4 KB | 590 downloads
in
  • #51
  • Edited 1:56am Feb 20, 2007 12:58am | Edited 1:56am
Quoting peterdxb
Mitto,


was just looking at past charts, and october 2006 hitting SL's so much.
seem we need to optimize the SL thing. Any Idea?
But overall, Oct 2006 still a profith month
in
  • #52
  • Feb 20, 2007 2:49am Feb 20, 2007 2:49am
nice system, and it rasies old question, how to determine overall trend, you do that and you have a very profitable system

and just by glancing at the charts, trailing stop looks like a very good idea
  • #53
  • Feb 20, 2007 3:00am Feb 20, 2007 3:00am
Hey Guys check out these threads they have a lot of similar ideas.

BatFink Trading Strategy
http://www.forexfactory.com/showthre...hlight=batfink

&

Daily Range Strategy
http://www.forexfactory.com/showthread.php?t=9286

Enjoy
Ademac
  • #54
  • Feb 20, 2007 3:18am Feb 20, 2007 3:18am
thanks ademac
  • #55
  • Feb 20, 2007 5:04am Feb 20, 2007 5:04am
Also check the following:


http://www.forexfactory.com/showthread.php?t=13507
Regards
  • #56
  • Feb 20, 2007 6:32am Feb 20, 2007 6:32am
hi

i demo'd this last night. my open price was 9509. My long entry was activated at 9543 and subsequently i was stopped out. price went down just short of my short entry 9475. So would i replace the long entry order at 9543 or at 9509? thanks
  • #57
  • Edited 7:35am Feb 20, 2007 6:51am | Edited 7:35am
Quoting pipette4x
hi

i demo'd this last night. my open price was 9509. My long entry was activated at 9543 and subsequently i was stopped out. price went down just short of my short entry 9475. So would i replace the long entry order at 9543 or at 9509? thanks
I limit for 2 trades one day, so if my short entry is executed I'm not open buy stop.
in
  • #58
  • Feb 20, 2007 7:06am Feb 20, 2007 7:06am
Any idea of what the best pairs to trade this theory on.
  • #59
  • Feb 20, 2007 10:04am Feb 20, 2007 10:04am
Quoting nikim
Any idea of what the best pairs to trade this theory on.
correct me if i'm wrong, the best pairs to trade are gu and gj.

tq
  • #60
  • Feb 20, 2007 10:27am Feb 20, 2007 10:27am
When used on the day chart, it tells you what the average daily trading range is. Sometimes the range is only around 100 pips per day. Other times it will range up to 150 pips per day.


Quoting pipette4x
I've never used the ATR indicator. Could you tell a little about it and how to use it? thanks
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