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  • #881
  • Sep 22, 2010 8:24pm Sep 22, 2010 8:24pm
haha i went in abit earlier when i saw the long arrow on the 1hr then the 15 min arrow came. anyway the tp for tokyo session might be longer but their price movement are more consistent anyway trading tokyo sessions until i get better with this strategy
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 1.png Size: 324 KB
  • #882
  • Sep 22, 2010 10:15pm Sep 22, 2010 10:15pm
Quoting Fokusnik
daemonw, it is probably too early to take any trade, I usually start trading 1-2 hours before London Open.

But today I decided to try Tokyo. So it's gonna be a small test.

I went long EURUSD and GBPUSD. I decided not to trade GBPJPY (and EURJPY) right now because I don't like the USDJPY's outlook.
Yes.. tokyo is a bit slower than other market times. But the movement is more consistent and predictable there. It also give you lot more time to make decision for your trade. Not like in other market times when you can get 20-30 pips shooting back at you in few second.


Quoting daemonw
haha i went in abit earlier when i saw the long arrow on the 1hr then the 15 min arrow came. anyway the tp for tokyo session might be longer but their price movement are more consistent anyway trading tokyo sessions until i get better with this strategy
Shit you cheated!
Well.... me too.....
My entry is exactly like yours.....

hope this one going well...


NG

PS: I will leave this one alone and have fun with my boy....
  • #883
  • Sep 22, 2010 10:23pm Sep 22, 2010 10:23pm
but i forgot i very important thing... i forgot today japan bank holiday... hmm think will have to wait till london open for the movement
  • #884
  • Sep 22, 2010 10:40pm Sep 22, 2010 10:40pm
Quoting daemonw
but i forgot i very important thing... i forgot today japan bank holiday... hmm think will have to wait till london open for the movement
Yesterday was also Japanese Bank Holiday.. but look what happened. Still nothing is certain in this business.

That's why we have a small stop loss...


NG
  • #885
  • Sep 22, 2010 10:50pm Sep 22, 2010 10:50pm
haha is there a live chat for this system? so there is some company while waiting for the entries. waking up at 5am to wait for a signal sometimes i just fall asleep and waking up to see the entry is long gone haha. always good to know when there is some company
  • #886
  • Sep 23, 2010 1:58am Sep 23, 2010 1:58am
Quoting NiceGuy
Ha ha.. yes no magic of course .

Btw... Now we have a five star threads here....

Congratulationsto IamNoel!

See you guy on tokyo..


NG


Hahahah ... kudos to you, too and the rest of the gang here!






Quoting Fokusnik
We have 100,000 views!

CONGRATULATIONS! http://cdn.forexfactory.com/images/s...m/thumbsup.gif

Alright!!!!

Let's get going ....!
  • #887
  • Sep 23, 2010 3:52am Sep 23, 2010 3:52am
Today I just turn a 30 pips winner into 8 pips loser...

GU M15
Attached Image (click to enlarge)
Click to Enlarge Name: PM_38.jpg Size: 90 KB


I risk 15 pips and aim for 45 pips. I let the trade decide the result for me. Lucky me I Updated the SL to the latest fractal just after the EU open.

FYI, I am still live testing this Strategy and not yet trading it with the real deal. I keep playing around here and there. Try this and that with this system. Use many type of EA to trail the stop and putting in a stoploss. And something like that.

Tokyo signal with GU is really something. Based on my experience 30 pips target is decent target since my winner on tokyo usually around that amount. You might want to put this target around the nearest S/R within 30 pips distance.

The nature of PA movement in Tokyo enable us to put smaller SL like 15-20 pips. This way we still have 1:2 RR or 1:1,5 RR. Many times I tried to push my luck to get 1:3 RR but rarely I scored that amount.

See you guys in Tokyo...


NG
  • #888
  • Sep 23, 2010 4:19am Sep 23, 2010 4:19am
@NiceGuy,

Can you please share this indicator please?

http://i52.tinypic.com/2hzmzvk.jpg


Btw, your local time is also GMT +0800H?
  • #889
  • Sep 23, 2010 4:25am Sep 23, 2010 4:25am
Quoting iamnoel
@NiceGuy,

Can you please share this indicator please?

http://i52.tinypic.com/2hzmzvk.jpg


Btw, your local time is also GMT +0800H?
Here you go...

Attached File(s)
File Type: mq4 Clock.mq4   5 KB | 546 downloads


My time is GMT +7H Actually...


NG
  • #890
  • Sep 23, 2010 4:32am Sep 23, 2010 4:32am
http://i54.tinypic.com/70c5k0.gif

I saw this arrow this am, but DID NOT take it, as the TRIX is red.


  • #891
  • Sep 23, 2010 4:33am Sep 23, 2010 4:33am
Quoting Fokusnik
Guys, 21, 42, 84 and 336 are the settings for M-15.

If you want M-30 or H-1, you need different settings.
Hi Fokusnik (or anyone who would know)

What would be the settings if one was to trade off the 5 minute chart?
My main chart is the 15 minute, but I sometimes like to drop to the 5 minute to fine tune

PGPB
  • #892
  • Sep 23, 2010 4:34am Sep 23, 2010 4:34am
I am very exited about this thread... But The first page confused me..can you add latest template please...with indicators..Thank you for your help for this newbie
  • #893
  • Sep 23, 2010 4:38am Sep 23, 2010 4:38am
Quoting NiceGuy
Here you go...

Attachment

My time is GMT +7H Actually...


NG


Thanks!
  • #894
  • Sep 23, 2010 8:26am Sep 23, 2010 8:26am
same thing happen to me just when i decided i should stick to me own plan haha it came back and 15 pips stop out but anyway for this month just with 15/sl and 40 tp i have around 350 pips although some are chicken out trades..... with 20~30 tp, but generally tokyo is still for me not everyday i earn but deal with it it is just 15 pips my tps are 40 it is still a winner in the long term.

Anyway today market is just ranging without the japs and the china peeps are enjoying their holiday. see how it goes again tomolo

but the sad thing is i really expect it to go to 1.5700 today ...... just that it stop me out before it reach there sheesh... better trading tomorrow guys

Cheers
  • #895
  • Sep 23, 2010 8:27am Sep 23, 2010 8:27am
Hi all,
does the NonLagMA indicator repaint? Because if it doesn't i think it's the best indicator i've ever seen!
How is it calculated?
  • #896
  • Sep 23, 2010 9:55am Sep 23, 2010 9:55am
Quoting pgpb
Hi Fokusnik (or anyone who would know)

What would be the settings if one was to trade off the 5 minute chart?
My main chart is the 15 minute, but I sometimes like to drop to the 5 minute to fine tune

PGPB
pgpb, it depends.

I think that M-30 is a valueble timeframe, so for M-5 I would have 21, 63, 126 and 252.

But if you don't want to check with M-30, then it would be:

1). 21, 63, 252 (for cheking with M-15 and H-1)

or:

2). 21, 63, 252, 1008 ((for cheking with M-15, H-1 and H-4)
  • #897
  • Sep 23, 2010 9:58am Sep 23, 2010 9:58am
Quoting Fokusnik
pgpb, it depends.

I think that M-30 is a valueble timeframe, so for M-5 I would have 21, 63, 126 and 252.

But if you don't want to check with M-30, then it would be:

1). 21, 63, 252 (for cheking with M-15 and H-1)

or:

2). 21, 63, 252, 1008 ((for cheking with M-15, H-1 and H-4)

Thanks Fokusnik.......how do you calculate these numbers......I like to understand things.....just in case you get abducted by aliens or something
:-)

PGPB
  • #898
  • Sep 23, 2010 11:03am Sep 23, 2010 11:03am
pgpb, let's say, we work on M-5 and want to check with M-15, M-30 and H-1.

M-5 will be 21 (the working timeframe must be 21, at least I think so).

15 is 3 times more than 5, so M-15 will be 21*3=63

30 is 6 times more than 5, so M-30 will be 21*6=126

60 is 12 times more than 5, so H-1 will be 21*12=252

P.S. I don't believe in alien abductions!
  • #899
  • Sep 23, 2010 11:24am Sep 23, 2010 11:24am
Quoting iamnoel
I saw this arrow this am, but DID NOT take it, as the TRIX is red.


iamnoel, I think the Trix Meter works much better when you trade currencies like GBPUSD, EURUSD, GBPJPY, EURJPY etc.

USDJPY has a very small daily range and it is not volatile enough IMHO.

And another thing: the Trix Meter works just fine during the active hours, but as all the indicators it screwes up during the passive hours.
  • #900
  • Sep 23, 2010 12:21pm Sep 23, 2010 12:21pm
Quoting iamnoel
http://i54.tinypic.com/70c5k0.gif

I saw this arrow this am, but DID NOT take it, as the TRIX is red.



my first post on this thread.

could you please tell me what indicators i need to install in my chart and where they can be found. as there have been too many changes since your first post.

also, any updates to your method.

thanks
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