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  • #81
  • Apr 28, 2009 10:42am Apr 28, 2009 10:42am
Thanks I like the look of it .. its a cool piece of kit..

draw down guys put yer tin hats on ..

onwards and upwards..hmmm

P
  • #82
  • Apr 28, 2009 10:56am Apr 28, 2009 10:56am
This is a great little system to have in our box of tools for early evening trading (In my case).

Thanks again Paulus for bringing it to our attention.

I shall not be posting any more about that person as he is in my ignore list.

Back to work. Don't you just love those pin bars and hammers.
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Starting to see instead of just looking.
  • #83
  • Apr 28, 2009 3:21pm Apr 28, 2009 3:21pm
Paulus,
I know your system doesn't care about trend since you didn't want to ignore some anti-trend moves as setup per your system. But, would it not be safer, more conservative to verify the long term trend (daily, weekly) and continue with those moves only? The reason is if we have a long term trend, the anti-trend moves are probably just retracements (big or small) and may not last long and are riskier than trend moves?

Thanks again for sharing this system
  • #84
  • Apr 28, 2009 4:29pm Apr 28, 2009 4:29pm
i've got a simple question for you all. it's about gmt.
i live in italy, now the time is about 01.27 am, it's night here.
in italy we are gmt +1, so i set gmt +1 in my preferences here on forexfactory.
i can see the startig hour of each market from the home page of FF.
my question is: can we solve this problem of gmt and tokyo session using the following infomation? :
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  • #85
  • Apr 28, 2009 4:30pm Apr 28, 2009 4:30pm
i can see that tokyo session will start in about half hour. isn't it enough for me, for and for you all also?
  • #86
  • Apr 28, 2009 5:28pm Apr 28, 2009 5:28pm
matte,

This will give you start and end information, yes. The session indicators are just there to make your life easier, but you could draw the lines in manually without too much difficulty (unless time confuses you).

Quoting matte
i've got a simple question for you all. it's about gmt.
i live in italy, now the time is about 01.27 am, it's night here.
in italy we are gmt +1, so i set gmt +1 in my preferences here on forexfactory.
i can see the startig hour of each market from the home page of FF.
my question is: can we solve this problem of gmt and tokyo session using the following infomation? :
  • #87
  • Edited 6:32pm Apr 28, 2009 6:07pm | Edited 6:32pm
Quoting Limstylz
Yes... Quite...

For the many numerous PM's that I have had with regards to this, and to save me copy and pasting numerous times, here is the time offsetting again, regardless of whether or not you use my (sic) officious Ass indicator that was posted earlier or the LFR indicator posted by Paulus:

First, get the difference between your MT4 server time and your current local time.

I use Alpari UK who are 1 hour ahead of London time (London is GMT+0 time).

Tokyo starts at Midnight London (GMT) time and ends at 8am GMT time

In my case I offset...
London Time is GMT+1, during Summer Time. Which I believe started around March 1 in the UK.
  • #88
  • Apr 28, 2009 9:57pm Apr 28, 2009 9:57pm
Quoting billbss
London Time is GMT+1, during Summer Time. Which I believe started around March 1 in the UK.
British Summer Time this year is from Sunday 29th March to Sunday 1st October

Andy
  • #89
  • Apr 28, 2009 10:24pm Apr 28, 2009 10:24pm
Due to time restrictions here I will be updating profit loss only once a week

cheers

paulus
  • #90
  • Apr 28, 2009 11:55pm Apr 28, 2009 11:55pm
so in about two hour we'll have the definitive low and high of the asian session and we will be able to start trading this strategy, it's ok?
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  • #91
  • Apr 29, 2009 12:43am Apr 29, 2009 12:43am
Less than a 20 pip range on EUR/GBP right now.

If it stays like that till the end of the Tokyo session we may be in for a big dipper later.
Starting to see instead of just looking.
  • #92
  • Apr 29, 2009 12:48am Apr 29, 2009 12:48am
rastaman what about my post in the bottom of previous page?
  • #93
  • Edited 2:47am Apr 29, 2009 1:07am | Edited 2:47am
Quoting billbss
London Time is GMT+1, during Summer Time. Which I believe started around March 1 in the UK.
London is always GMT+0 (Greenwich is in London). You are referring to BST(DST) which GMT switches to and from twice a year. As GMT switches to BST, London is still GMT+0, although you are correct, it has moved an hour forward.

Perhaps it is better to use UTC?
  • #94
  • Apr 29, 2009 1:15am Apr 29, 2009 1:15am
Tokyo is closed... you should be looking for potential entries on your pair...

Quoting matte
rastaman what about my post in the bottom of previous page?
  • #95
  • Apr 29, 2009 1:18am Apr 29, 2009 1:18am
Quoting matte
rastaman what about my post in the bottom of previous page?

Sorry about that, missed your post.

It is currently 5:15 PM here in Japan so you have another 45 mins to wait before the Tokyo session closes. It is also a national holiday here today so even if the stock exchange is open things will be slow.
Starting to see instead of just looking.
  • #96
  • Apr 29, 2009 1:18am Apr 29, 2009 1:18am
i took this screenshot right now, why do you say tokyo is closed?
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  • #97
  • Apr 29, 2009 1:25am Apr 29, 2009 1:25am
I was looking at the sydney calendar on FF... (I don't use this strategy, I look at London Opening range so don't have Asian session drawn in.)

Looking at the FF calendar Tokyo closes in about 40 mins. Sorry for the mistake...

Quoting matte
i took this screenshot right now, why do you say tokyo is closed?
  • #98
  • Apr 29, 2009 2:02am Apr 29, 2009 2:02am
There seems to be a lot of discussion on the actual open / close times of the market - I am based in London and this is wat I believe to be the trade times of all the markets - please correct me if I am wrong.

Time and date: 09:52 AM 29-April-2009 Europe/London

Click on a time zone for Daylight Saving Time (DST) transition dates and times.
Forex Market CenterTime ZoneOpens
Europe/LondonCloses
Europe/LondonStatusFrankfurt
GermanyEurope/Berlin07:00 AM
29-April-2009 03:00 PM
29-April-2009OpenLondon
Great BritainEurope/London08:00 AM
29-April-2009 04:00 PM
29-April-2009OpenNew York
United StatesAmerica/New_York01:00 PM
29-April-2009 09:00 PM
29-April-2009ClosedSydney
AustrailiaAustralia/Sydney11:00 PM
29-April-2009 07:00 AM
30-April-2009ClosedTokyo
JapanAsia/Tokyo12:00 AM
30-April-2009 08:00 AM
30-April-2009 Closed
  • #99
  • Apr 29, 2009 2:07am Apr 29, 2009 2:07am
Quoting matte
i took this screenshot right now, why do you say tokyo is closed?
It is closed now for sure.
Starting to see instead of just looking.
  • #100
  • Apr 29, 2009 2:48am Apr 29, 2009 2:48am
In which case, the FF market open hours on the home screen is incorrect... Email sent to admin for clarification of this.

Quoting keithbridges
There seems to be a lot of discussion on the actual open / close times of the market - I am based in London and this is wat I believe to be the trade times of all the markets - please correct me if I am wrong.

Time and date: 09:52 AM 29-April-2009 Europe/London

Click on a time zone for Daylight Saving Time (DST) transition dates and times.
Forex Market CenterTime ZoneOpens
Europe/LondonCloses
Europe/LondonStatusFrankfurt
GermanyEurope/Berlin07:00...
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