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1 trade a day

  • #181
  • Edited 4:06am May 4, 2009 2:42am | Edited 4:06am
Quoting matte
guys, i have got a problem!
about tokyo time, again!
everything you need is inside the picture.
-italian time right now (1:01 as showed in windows and in FF)
-time in tokyo showed in mt4 indicator (it shows tokyo open right now)
-open of asia session in about 1 hour, showed in FF web page


so, what must i do? wich one is the right one?

Rastaman, help me!

EDIT: i forgot the picture, sorry

This is what you should do.
http://www.timeanddate.com/worldclock/personal.html

It is already setup for your time so compare this to the P4clock on your chart.
When that site says 6:00 PM Tokyo has closed.

Just about to lock these 3 in at just above BE
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Starting to see instead of just looking.
  • #182
  • May 4, 2009 6:11am May 4, 2009 6:11am
Quoting $aly
i have an opposite idea Rastaman ,,, i think those holidays cause making a low range box because of less moving and this is enough to make a good trade
Done
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  • #183
  • May 4, 2009 6:48am May 4, 2009 6:48am
Rastaman, the link you provide me was not setup. i've made this, it's ok?
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  • #184
  • May 4, 2009 8:53am May 4, 2009 8:53am
Can someone tell me what is considered End of Day per system rules? is it NY session or London Session?

Thanks in advance
  • #185
  • May 4, 2009 9:34am May 4, 2009 9:34am
Quoting matte
Rastaman, the link you provide me was not setup. i've made this, it's ok?
Yes, that looks right. You are good to go.




I really like the De mark indicator with this system, the TP targets are spot on.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd de.gif Size: 36 KB
Starting to see instead of just looking.
  • #186
  • May 4, 2009 3:14pm May 4, 2009 3:14pm
Ok today was good

GBPUSD = +52
GBPJPY = +78
EURJPY = 50% at 41 50% at 0

Paulus
  • #187
  • May 4, 2009 3:26pm May 4, 2009 3:26pm
ok rastaman, so i follow the hour in that site ok? tokyo closes at 6 pm and opens at 8?9?
  • #188
  • May 4, 2009 4:14pm May 4, 2009 4:14pm
p
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  • #189
  • May 4, 2009 4:53pm May 4, 2009 4:53pm
Quoting Paulus
p
Hi Paulus,

Thanks for sharing this system and for sharing this pic. I will compare these charts to my own charts so I know for sure that I have the correct settings.

By the way... I used the LondonForexRush template (provided by someone earlier in this thread) which does give the "Trade" or "No Trade" info on the chart. This makes me believe that this is not legal for me to be using it since I did not purchase it. It doesn't really matter because of the 4 charts I was watching this morning, 3 were wrong in the direction of the trades. They all said "Long" when the movement went short. So I missed out on three profitable trades. So I am going to scrap those charts and follow the system you have been using. Thanks again.
  • #190
  • May 4, 2009 5:34pm May 4, 2009 5:34pm
Paulus, I just about mirrored your results as well. Ive done some manual backtesting and this method works rather well. 30M looks to work too, thanks again.
  • #191
  • May 4, 2009 5:43pm May 4, 2009 5:43pm
Quoting Rastaman
Yes, that looks right. You are good to go.




I really like the De mark indicator with this system, the TP targets are spot on.
Hi Rastaman,

Can you please attach the De Mark indicator? I think it sounds like a great tool. Thanks!
  • #192
  • May 4, 2009 7:10pm May 4, 2009 7:10pm
Quoting adsanders
Hi Rastaman,

Can you please attach the De Mark indicator? I think it sounds like a great tool. Thanks!

Here you go.
I just use it to give me a rough tp or confirm that the predicted fibo tp is good.
Attached File(s)
File Type: mq4 DeMark Trendline Trader.mq4   24 KB | 545 downloads
Starting to see instead of just looking.
  • #193
  • May 4, 2009 7:17pm May 4, 2009 7:17pm
Quoting Rastaman
Here you go.
I just use it to give me a rough tp or confirm that the predicted fibo tp is good.
Thanks!
  • #194
  • May 4, 2009 8:00pm May 4, 2009 8:00pm
On post 45 there is an indicator on the chart that shows little dots showing S/R. I was wondering if anyone knows what that is and where I can get it. I think it will be a great help of the other system I trade.

thanks in advance for your help.

Simple
A woman drove me to drink, and I forgot to thank her
  • #195
  • May 4, 2009 8:18pm May 4, 2009 8:18pm
Here you go

BTW. Thanks Paulus for such a great system. I cant trade trade london session because of school but this just works out perfect.
Attached File(s)
File Type: ex4 S & R_v2.ex4   3 KB | 447 downloads
Yea it's Life//
  • #196
  • May 4, 2009 8:56pm May 4, 2009 8:56pm
In the p4 clock indicator, I just changed the WWW of the time calculation from this: http://www.worldtimezone.net/index24.php

To this: http://www.worldtimezone.com/time/wtzstandard.php?

Hopefully this will sort out the problem of the Tokyo session being open when it is actually not open yet.
Starting to see instead of just looking.
  • #197
  • May 4, 2009 9:34pm May 4, 2009 9:34pm
Quoting Rastaman
In the p4 clock indicator, I just changed the WWW of the time calculation from this: http://www.worldtimezone.net/index24.php

To this: http://www.worldtimezone.com/time/wtzstandard.php?

Hopefully this will sort out the problem of the Tokyo session being open when it is actually not open yet.
You can do the same thing with your built-in Windows clock.

Double click the time in the bottom right hand corner of your screen.

Under the Time Zone tab, select any city in the world.

Hit OK. Then your computer will show the time in the bottom right hand corner.

Then change it back. It only takes a few seconds.
Attached Images
  • #198
  • May 4, 2009 9:47pm May 4, 2009 9:47pm
Quoting billbss
You can do the same thing with your built-in Windows clock.

Double click the time in the bottom right hand corner of your screen.

Under the Time Zone tab, select any city in the world.

Hit OK. Then your computer will show the time in the bottom right hand corner.

Then change it back. It only takes a few seconds.

That is just to easy Billbss! Thanks!
  • #199
  • May 5, 2009 1:18am May 5, 2009 1:18am
Quoting adsanders
That is just to easy Billbss! Thanks!

How can that be easy when all you have to do with the P4 clock is put it on chart, setup which Markets you want to watch and the colors, this takes 30 seconds, save the template then load it for every pair you choose?

There are no local timezones to set up on this clock, it is all done automatically. The only problem was that it was reporting the time in each country correctly but the market open time was not correct. It was reporting Tokyo as being open at 8 am when it opens at 9 am.
Attached Image
Starting to see instead of just looking.
  • #200
  • May 5, 2009 2:12am May 5, 2009 2:12am
Quoting Rastaman
This is what you should do.
http://www.timeanddate.com/worldclock/personal.html

It is already setup for your time so compare this to the P4clock on your chart.
When that site says 6:00 PM Tokyo has closed.

Just about to lock these 3 in at just above BE

Hi I will like to ask about this asian timing which I hope you can help me with. May I ask what's the asian hours in terms of EST? is it from 7am to 4pm? thanks
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