1 trade a day | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Cable double day / the two day "rule" 14 replies

A Day Traders Day? 7 replies

The best way to trade is one trade a day 76 replies

Day by Day 9 replies

The best Times of day to trade - or Not trade 16 replies

Attachments: 1 trade a day
Exit Attachments

1 trade a day

  • #201
  • Edited 2:57am May 5, 2009 2:24am | Edited 2:57am
GBP/USD looks to be in a tight position stuck between Extreme Overshoot and a Major Reversal. Which shall prevail?



EST does not matter, the Tokyo session is 9 am to 5 pm Japan time.

Just use the P4 clock and it will show you the correct time for Japan.

Everyone is confusing their local time with this system, local time means nothing to this system. The only two timezones that mean anything are Japanese time from 9 am-5pm and British time from 8 am to 3 pm.
Or thereabouts.

If anyone else is STILL confused just use the bloody P4 clock and when Tokyo says 9 am draw a vertical line on your chart, when London says 8 am draw another vertical line on the chart. Waaaaahhhhhhhhhhh $%@$@%$@%$#%$@%$#%$@

Here it is AGAIN!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.jpg Size: 233 KB
Attached File(s)
File Type: mq4 P4L Clock.mq4   37 KB | 375 downloads
Starting to see instead of just looking.
  • #202
  • May 5, 2009 5:44am May 5, 2009 5:44am
i suggesting anybody to keep opening orders till price touch the nearest pivot .
  • #203
  • May 5, 2009 10:54am May 5, 2009 10:54am
Quoting Rastaman
GBP/USD looks to be in a tight position stuck between Extreme Overshoot and a Major Reversal. Which shall prevail?



EST does not matter, the Tokyo session is 9 am to 5 pm Japan time.

Just use the P4 clock and it will show you the correct time for Japan.

Everyone is confusing their local time with this system, local time means nothing to this system. The only two timezones that mean anything are Japanese time from 9 am-5pm and British time from 8 am to 3 pm.
Or thereabouts.

If anyone else is STILL confused just use the bloody P4 clock and when...

haha well the problem is many ppl are using different timing in some of the other posts (the EST and EDT difference is still sth confusing to me). Also my platform timing is also different from my current timing, making it worse. anyway thanks alot for your help. Will ask u if i got questions abt this strategy! ha
  • #204
  • May 5, 2009 11:06am May 5, 2009 11:06am
OK sorry i have a question, how do you load the clock! sorry i m quite new in forex
  • #205
  • May 5, 2009 11:34am May 5, 2009 11:34am
No trigger on EURJPY... YET !


GBPUSD +42 pips
GBPJPY +110 pips

I find im happier using the 61.8 fib level for my TP
Attached Image (click to enlarge)
Click to Enlarge Name: ex1.jpg Size: 62 KB
  • #206
  • May 5, 2009 11:46am May 5, 2009 11:46am
Quoting Paulus
No trigger on EURJPY... YET !


GBPUSD +42 pips
GBPJPY +110 pips

I find im happier using the 61.8 fib level for my TP
hi paulus, hmm u extended ur trading to eur pairs also?
  • #207
  • May 5, 2009 12:01pm May 5, 2009 12:01pm
Hi yes

for the reasons given in post 159

http://www.forexfactory.com/showpost...&postcount=159

P
  • #208
  • May 5, 2009 12:22pm May 5, 2009 12:22pm
icic. missed that post. thanks alot.

anyway anyone using MT4? I have difficulty pulling the fib up to the desired level. think someone sounded it out previously but think nobody reply him?
  • #209
  • May 5, 2009 12:54pm May 5, 2009 12:54pm
re fib what you having trouble with ?

P
  • #210
  • May 5, 2009 1:50pm May 5, 2009 1:50pm
Im now short EURJPY from 131.63 tp of 61.8 is 131.09

Paulus
  • #211
  • May 5, 2009 2:04pm May 5, 2009 2:04pm
Does anyone know how to change a .ex4 file to a mt4 file so I can use it on IBFX? I can't download the file through metatrader.

Thanks,

Simple
A woman drove me to drink, and I forgot to thank her
  • #212
  • May 5, 2009 2:27pm May 5, 2009 2:27pm
Quoting yuan83
icic. missed that post. thanks alot.

anyway anyone using MT4? I have difficulty pulling the fib up to the desired level. think someone sounded it out previously but think nobody reply him?

mine is in italian but i think mt4 is the same all over the world.
press crtl + O and set this option on zero.
every attraction between an object and the price will be avoided, so you should be able to draw whatever you want whereever you like.
Attached Image
  • #213
  • May 5, 2009 7:09pm May 5, 2009 7:09pm
Quoting yuan83
OK sorry i have a question, how do you load the clock! sorry i m quite new in forex
Close down Mt4, drop the P4 clock indicator in MT4/Experts/indicators folder, open Mt4. open a chart. On tool bar go to VIEW, NAVIGATOR, then double click the P4 clock indicator, make sure you have :allow DLL imports: clicked, setup the markets you want to view or do not want to view and the color schemes for your chart.

Once this is done and save the template, then just load that template for every pair you want the clock on.
Starting to see instead of just looking.
  • #214
  • May 5, 2009 7:46pm May 5, 2009 7:46pm
Quoting Paulus
re fib what you having trouble with ?

P



hmm basically my problem is that the chart can only move sideways but not up and down. so when the fib is too long, i can extend it to where I want it to be.
  • #215
  • May 5, 2009 7:49pm May 5, 2009 7:49pm
Quoting Rastaman
Close down Mt4, drop the P4 clock indicator in MT4/Experts/indicators folder, open Mt4. open a chart. On tool bar go to VIEW, NAVIGATOR, then double click the P4 clock indicator, make sure you have :allow DLL imports: clicked, setup the markets you want to view or do not want to view and the color schemes for your chart.

Once this is done and save the template, then just load that template for every pair you want the clock on.

thanks alot. another doubt if you dun mind, because I trying to get the exact timing but it seems like you and paulus seem to be using a slightly different time period? cos I was looking at both areas you all highlight and comparing with mine, seems like you two have + - 1 hr difference for the time period you all select
  • #216
  • May 5, 2009 8:15pm May 5, 2009 8:15pm
Quoting Paulus
Im now short EURJPY from 131.63 tp of 61.8 is 131.09

Paulus

wow congrats on ur hit. but actually I do have a question cos i was looking at the chart also. The high for then seems to be at 132.69, 10 pips higher means 132.79, which could be hit by the subsequent candle and probably activate a long instead. Anything to prevent that? I personally will probably not use 10 pips but maybe 12 pips ..
  • #217
  • May 5, 2009 8:37pm May 5, 2009 8:37pm
Quoting yuan83
thanks alot. another doubt if you dun mind, because I trying to get the exact timing but it seems like you and paulus seem to be using a slightly different time period? cos I was looking at both areas you all highlight and comparing with mine, seems like you two have + - 1 hr difference for the time period you all select
It is 10:35 am here in Japan, the market opens here at 9 am we are on the second Hourly bar inside the Asian session and there is 25 mins left on the last bar.
Attached Image
Starting to see instead of just looking.
  • #218
  • Edited 10:18pm May 5, 2009 8:55pm | Edited 10:18pm
Hhmm, you are correct.

Paulus May 5th and my May 5th chart GBP/USD Asian open time bars are off.
Attached Image (click to enlarge)
Click to Enlarge Name: P S time.jpg Size: 85 KB
Attached Image
Starting to see instead of just looking.
  • #219
  • May 5, 2009 9:02pm May 5, 2009 9:02pm
ex4 is the compiled code. You would need to decompile it. I suggest contacting the author before decompiling as this might be considered copyright theft.

If you are just having problems displaying the indicator, put it into your indicators folder and restart metatrader. Metatrader cannot load compiled indicators on-the-fly, so restarting once the indicator is in the correct folder resolves this issue.

Quoting simpleguy
Does anyone know how to change a .ex4 file to a mt4 file so I can use it on IBFX? I can't download the file through metatrader.

Thanks,

Simple
  • #220
  • Edited 10:19pm May 5, 2009 9:04pm | Edited 10:19pm
GBP/USD Just before 11:00 am Japan time May 6th. 2 bars on the chart 3rd about to open.
Attached Image (click to enlarge)
Click to Enlarge Name: CIMG1051.jpg Size: 151 KB
Starting to see instead of just looking.
1 trader viewing now