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  • #121
  • Apr 30, 2009 6:52am Apr 30, 2009 6:52am
Quoting Rastaman
I asked the same question and got a stupid response from someone in this thread.

After, scanning these pairs it appears that 80-100 daily Asian session range seems to move the most.
take it easy man ..you are a great trader in FF
  • #122
  • Edited 9:11am Apr 30, 2009 8:59am | Edited 9:11am
Attached Image
Quoting $aly
take it easy man ..you are a great trader in FF
I think you must have me confused with someone else!


A lot of ranging going on right now, so I am experimenting with the De mark indicator to find the break inside the Asian daily.

Actually it is quite a good indi to use with this system and gives you a rough idea estimate of TP.
This is GPP/CHF where I am looking to find the break of ranging.

Earlier I managed to take 50 pips out og GBP/USD.....I love this system.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd de.gif Size: 46 KB
Starting to see instead of just looking.
  • #123
  • Apr 30, 2009 9:21am Apr 30, 2009 9:21am
GBP/USD

Not far off the DeMark indicator target.
This may be a good combination for the London Rush.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd de.gif Size: 42 KB
Starting to see instead of just looking.
  • #124
  • Apr 30, 2009 9:51am Apr 30, 2009 9:51am
I trade this a little different . I trade off the 1st 4bar of the day . (1hr)
And I Have a neat indicator to tell me when to go long and short look at upper right hand. It tells you the time frame and price when the signal form. and keep count how many bars ago on each time frame
check it out
Attached Image (click to enlarge)
Click to Enlarge Name: richard.gif Size: 22 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #125
  • Apr 30, 2009 11:30am Apr 30, 2009 11:30am
Quoting zamanib
I trade this a little different . I trade off the 1st 4bar of the day . (1hr)
And I Have a neat indicator to tell me when to go long and short look at upper right hand. It tells you the time frame and price when the signal form. and keep count how many bars ago on each time frame
check it out
Interesting, I take it that you trade on the M15 TF?

Just wondering if those M15 candles would make me more nervous than H1.

LoL

Would you elaborate as to how you trade this?

Looks like you can catch the retracement more easily though.
Starting to see instead of just looking.
  • #126
  • Apr 30, 2009 12:21pm Apr 30, 2009 12:21pm
it seems the best TP for this system when price break the box and offset is the nearest pivot point...
any idea????
  • #127
  • Apr 30, 2009 1:04pm Apr 30, 2009 1:04pm
Hi everybody!

Thanks Paulus for this great and simple system. I prefer trading manually, but an EA would be good for helping placing trades and doing the work on days when I cannot be in front of the screen at Asian close.

Has anyone had any luck with coding an EA?
  • #128
  • Apr 30, 2009 1:49pm Apr 30, 2009 1:49pm
can anyone make a gui with the best indicator and how to use it?
  • #129
  • Apr 30, 2009 1:54pm Apr 30, 2009 1:54pm
Quoting Paulus
will try and answer question later Im following

GBPUSD
GBPJPY
GBPCHF
GBPAUD
GBPCAD
GBPTRY

Only those swaps with GBP listed 1st i think should be used

Cheers

ps.. This is not a commercial venture this is a system that I bought so i could use an indicator off of it.

the actual system you buy uses a trend indicator to help you take only the trades with the current trend but i found this knocked you out of some really good moves..

Also i think he states he only looks at the 1st 3 bars after the close of the Asian.

So this is different...

Hi. I had purchased Forex Rush before so am relatively familiar with what it does etc. With this system, I can see its getting some great reviews

I am sure i am being really dumb here...I can see the entry and exit levels per your first post on this thread. What are the TP/SL Levels or should I say, how are these set?

Regards
  • #130
  • Apr 30, 2009 6:15pm Apr 30, 2009 6:15pm
ok i've set this for what i think is the best solution, and with alpari uk i set from 19:00 to 2 am
i think that this is the best.. i can see big candles after and before those..
can anyone made an EA who take automatic trade?
  • #131
  • Edited 9:53pm Apr 30, 2009 8:50pm | Edited 9:53pm
Quoting Rastaman
GBP/USD

Not far off the DeMark indicator target.
This may be a good combination for the London Rush.
Hi Rastaman,

I really like your chart! Nice job!

In looking at it... what hours do you use for the Asian Session? It looks like from 00:00 to 08:00?

If so... then what do you put for the London session?

08:00 thru 15:00? Or 09:00 thru 15:00? Or what?

For those interested....

I have included an image showing the 3 market hours and how they overlap.

http://www.fsbof.com/images/FX-3market1.gif

Thanks in advance!

Tony
  • #132
  • Apr 30, 2009 8:52pm Apr 30, 2009 8:52pm
This may well work, but this isn't the same strategy that Paulus has outlined on his first post. The main reason being is that this would incorporate the US session which is still active and does not fully encompass the Asian session. This deviation is far enough removed to warrant a new thread, if you chose to follow this route.

For those of you looking for an EA, do a search in FF for big dog 7am -9am. There have been several EA's made that are customisable. Also look at Ronald Raygun's posts on his generic breakout EA.

In my experience, they do not trade as well as pure price action does with this, but please give them a shot to satisfy your curiosity.

Quoting pattinatore
ok i've set this for what i think is the best solution, and with alpari uk i set from 19:00 to 2 am
i think that this is the best.. i can see big candles after and before those..
can anyone made an EA who take automatic trade?
  • #133
  • Apr 30, 2009 10:26pm Apr 30, 2009 10:26pm
Quoting adsanders
Hi Rastaman,

I really like your chart! Nice job!

In looking at it... what hours do you use for the Asian Session? It looks like from 00:00 to 08:00?

If so... then what do you put for the London session?

08:00 thru 15:00? Or 09:00 thru 15:00? Or what?

For those interested....

I have included an image showing the 3 market hours and how they overlap.

http://www.fsbof.com/images/FX-3market1.gif

Thanks in advance!

Tony
The chart does not account for DST.
The London session begins at 0700 GMT. That is 0800 Lindon time, during the Summer.
  • #134
  • Apr 30, 2009 10:57pm Apr 30, 2009 10:57pm
Quoting billbss
The chart does not account for DST.
The London session begins at 0700 GMT. That is 0800 Lindon time, during the Summer.
Does the chart not show London (European session) at 0700? Or am I not looking at it correctly?
  • #135
  • Apr 30, 2009 11:08pm Apr 30, 2009 11:08pm
Quoting adsanders
Does the chart not show London (European session) at 0700? Or am I not looking at it correctly?
London session and European session aren't the same thing.

Central Europe (France, Germany..etc) begins trading an hour before London.

During Summer Time:
European Session begins at 0600 GMT
London Session begins at 0700 GMT.
  • #136
  • Apr 30, 2009 11:15pm Apr 30, 2009 11:15pm
Quoting billbss
London session and European session aren't the same thing.

Central Europe (France, Germany..etc) begins trading an hour before London.

During Summer Time:
European Session begins at 0600 GMT
London Session begins at 0700 GMT.
Oh... nice to know! Thanks Billbss.

So a correct chart to include DST would show the European session starting at 0600 GMT? Did DST start last March? Or whenever we set our clocks forward in March?
  • #137
  • Apr 30, 2009 11:23pm Apr 30, 2009 11:23pm
Quoting adsanders
Oh... nice to know! Thanks Billbss.

So a correct chart to include DST would show the European session starting at 0600 GMT? Did DST start last March? Or whenever we set our clocks forward in March?
Yes. All the times shown on your chart should be an hour earlier, during DST.

DST starts at different dates in the US and Europe.
In the US, it begins in early March. In Europe and the UK, it begins in late March.
I'm not sure about Asia.
  • #138
  • Edited 2:22am May 1, 2009 1:12am | Edited 2:22am
Quoting adsanders
Hi Rastaman,

I really like your chart! Nice job!

In looking at it... what hours do you use for the Asian Session? It looks like from 00:00 to 08:00?

If so... then what do you put for the London session?

08:00 thru 15:00? Or 09:00 thru 15:00? Or what?

For those interested....

I have included an image showing the 3 market hours and how they overlap.

http://www.fsbof.com/images/FX-3market1.gif

Thanks in advance!

Tony


The only settings for the indicator I am using are as in this photo

I posted all the indicators and template in a zip in post 75 of this thread.
That one does not have the De Mark indicator in it.

Don't really need it, it just gives me a lazy approximate TP.

Let me know if you want the zip and template with the demark indicator and trend line in it and I will post it.
Attached Image
Starting to see instead of just looking.
  • #139
  • May 1, 2009 2:36am May 1, 2009 2:36am
good condition with low range has formed on GBP/USD ......
Attached Image (click to enlarge)
Click to Enlarge Name: usd.gif Size: 32 KB
  • #140
  • May 1, 2009 3:40am May 1, 2009 3:40am
tokyo closes in 20 minutes by now, you have to wait..
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