Starting to see instead of just looking.
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
DislikedIn the original system you buy he has 2 other criteria
A trend direction indicator so you trade only in the trend direction
And a visual interpretation on the atcual high low set up in the Asian session...ie he looks for small ranges a large spike one way or another increases the box size and in this circumstance he doesnt trade.
I dont mind the system evolving ...the break out and pull back version Im looking at still uses the Asian box and the break out with an entry on a rally or a pull back just hopefully gets me into the trade in the...Ignored
DislikedIn the original system you buy he has 2 other criteria
A trend direction indicator so you trade only in the trend direction
And a visual interpretation on the atcual high low set up in the Asian session...ie he looks for small ranges a large spike one way or another increases the box size and in this circumstance he doesnt trade.
I dont mind the system evolving ...the break out and pull back version Im looking at still uses the Asian box and the break out with an entry on a rally or a pull back just hopefully gets me into the trade in the...Ignored
DislikedLook at this plse..comments on a post card
Instead of trying to catch the break ..wait for the break and then enter on a rally or pull back to the golden number
Look at the chart starting from the left needs to be 30min ..we get more bars :-)
Price broke out of the Tokyo high didnt hit 61.8 - no trade
Price broke out of the Tokyo high price hit 61.8 go long
follow the rest ..the trades are in yellow
for the long the stop is0.00 the tp is 1.68
so if the low is broken look short..high is broken look long
PIgnored
DislikedWell, I guess that now EVERYBODY else including Paulus is ignoring the original rules, perhaps Bilbiss won't mind me joining in again.
Crashed out last night so, didn't get to test the floating fibs, as I mentioned to Paulus.
Yeah, as I said before getting flac for it, the breakout is just too haphazard on the H1 on most days and we miss the trend on a lower TF which is hinting strongly at where it wants to go.Ignored
DislikedRastaman,
Actually both breakout and pullback are risky if dynamics of the longer term trend is ignored....Ignored
DislikedYes, as you say, we must monitor this system but, that is no big problem, better than monitoring Burgers or even worse kids for 8 hours a day. Also, as has been mentioned, it is easier to see the break on a smaller TF the the H1 which seems to range much more than the M15 or M30 TF. That is the point I was trying to make.
All set for the London Crush.Ignored
DislikedHi Rastaman,
I see on your pics that along with the high and low of the Asian session you also display the range. R=80 (or whatever). Is that part of the indicator you uploaded earlier in this post or something new? If it's new can you attach the new indicator? That would be great. Thanks!
TonyIgnored
DislikedAttachment
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.Ignored
DislikedAttachment
Sure, NP. Here is the auto fibo, the antbreakout and the template.
This is a good one with the SDX indicator warns you that a possible breakout is taking place.Ignored
DislikedHi,
What is the red and blue line that look slike a Moving Average on the main chart.
Regards
Steve
PS I had my SL & TP the wrong way round in my last post :-(Ignored