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Quoting FOURX
hey L T

What if price is not between lines B and C at the start of your day, as with G/U today?

thanks,

Fourx,

As long as the price is between A & D at 7:00am then all is ok.


It's a wild one today... 9 trades - 8 wins & 1 loss. Will be closing down charts for the day very shortly
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
Quoting Line-Trader
Fourx,

As long as the price is between A & D at 7:00am then all is ok.


It's a wild one today... 9 trades - 8 wins & 1 loss. Will be closing down charts for the day very shortly
ok thanks..............do you trade every signal that happens on each pair?
Quoting FOURX
hey L T

What if price is not between lines B and C at the start of your day, as with G/U today?

thanks,

Todays G/U has had 3 trades so far:-



Trade 1: Long @ 8:15am. Hit Tp @ 9:19am

Trade 2: Long @ 9:48am. Hit SL @ 10:26am

Trade 3: Short @ 10:26am. Hit TP @ 10:28am.

Hope this helps
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
Quoting FOURX
ok thanks..............do you trade every signal that happens on each pair?

Yes, every one of them.

However, if I'm in good profit at lunchtime then I call it a day
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
Quoting Line-Trader
Feeling a bit of an insomniac tonight so I'll list tomorrows line levels now...

DOW 12508 / 12472 / 12402 / 12366
FTSE 5724 / 5707 / 5673 / 5656
S&P 1298.5 / 1293.9 / 1284.7 / 1280.1

E/U 1.2812 / 1.2791 / 1.2750 / 1.2729
[size=3][FONT=Comic...
Hi L T
I have been following you journal for a few days and I have a few questions.
Do you use an order to trade 1 & 2 (i.e If price breaks A by 2 points then go LONG & If price breaks D by 2 points then go SHORT) or do you entre it manually?
If you go short on break of D and hit the TP, then if price went back to line D & close above D and breaks down line D by 2 pips, do you go short again? (look at today’s EU at 13:05:00) sorry I am new to this game and I do not know how to attach a chart.
Thanks
Quoting Yonas
Hi L T
I have been following you journal for a few days and I have a few questions.
Do you use an order to trade 1 & 2 (i.e If price breaks A by 2 points then go LONG & If price breaks D by 2 points then go SHORT) or do you entre it manually?
[size=3][font=Calibri]If you go short on break of D and hit the TP, then if price went back to line D & close above...
Hi Yonas,

For the A & D trades I set pending buy stop & sell stop orders just before 7:00am.... It's easier that way because then I only have to concentrate on the B & C orders as they happen.

In answer to your other question regarding re-entry.... Yes is the answer, however, on my chart today for E/U at 1:05pm it did not close back above line D.

Hope this makes sense......
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
Ok, todays results are as follows:-

DOW No trades
FTSE +1 B/E
S&P No trades

E/U +1 +1
G/U +1 -1 +1
A/U +0.3
U/CAD +1
U/CHF +1 +1
E/J +1 +1

As posted earlier, I was trading at 0.5% risk today because the lines were bunched close together due to yesterdays market inactivity.

I also stopped trading today at 12:00 due to the good results from this morning.

Hence, todays result was +4.15%.

Another 1.2% would have been up for grabs this afternoon had I traded until 4:00pm.

Will post up some charts later
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
Quoting Line-Trader
Hi Yonas,

For the A & D trades I set pending buy stop & sell stop orders just before 7:00am.... It's easier that way because then I only have to concentrate on the B & C orders as they happen.

In answer to your other question regarding re-entry.... Yes is the answer, however, on my chart today for E/U at 1:05pm it did not close back above line D.

[FONT=Comic...
Yes it does.

Many thanks L T
Nice day. I hope you can maintain a good rate of consistency.Look forward to seeing your next set of numbers.

Good luck.
Quoting Fair Dinkum
Nice day. I hope you can maintain a good rate of consistency.Look forward to seeing your next set of numbers.

Good luck.
Hi Fair Dinkum

All I can say is that it's been my living for the last few years without a problem.. Just thought I'd start sharing it here on FF
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
Lt what times do you use for the next days line, for thursday would you use the high and low from 12am until 12 midnight gmt from wednesday, hope that makes sense.
Making money is easy,losing money is easier
Ok,

Here's a couple of todays charts.....
Attached Images (click to enlarge)
Click to Enlarge Name: UCHF 11 Jan.jpg Size: 114 KB Click to Enlarge Name: GU 11 Jan.jpg Size: 126 KB
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
I looked at my charts 10 january and 11 january I saw 5 profitable trades in eur/usd. What can I say. My congrats and best wishes to your system Also I thank you for the sharing to help others which is a virtue. How many years have you come up with this idea?
Your Personal Forex Companion + Forex Program Developer + Forex Mentor
Ok guys,

Here's how I see tomorrows line levels:-

DOW 12485 / 12465 / 12427 / 12407
FTSE 5724 / 5707 / 5673 / 5656
S&P 1298.7 / 1295.8 / 1290.2 / 1287.3

E/U 1.2779 / 1.2743 / 1.2672 / 1.2637
G/U 1.5425 / 1.5376 / 1.5277 / 1.5228
A/U 1.0338 / 1.0320 / 1.0284 / 1.0266
E/J 98.23 / 97.97 / 97.44 / 97.18
U/CAD 1.0227 / 1.0207 / 1.0169 / 1.0149
U/CHF .9585 / .9562 / .9515 / .9492

Valid from 7:00am London time
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
Quoting Stompe
Lt what times do you use for the next days line, for thursday would you use the high and low from 12am until 12 midnight gmt from wednesday, hope that makes sense.
Stompe,

I don't understand what you mean.... please elaborate
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
Quoting master1234
I looked at my charts 10 january and 11 january I saw 5 profitable trades in eur/usd. What can I say. My congrats and best wishes to your system Also I thank you for the sharing to help others which is a virtue. How many years have you come up with this idea?
Have been trading this several years...
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
Sorry Lt will try again, the g/u you have posted for Thursdaay 1.5425 is that the high from wednesday 1.5228 is that the low from wednesday.

what time of the day do you use to get these figures do you go fom 12am until 12 midnight gmt or do you use the figure fom eg 7am until close.

hope you get what i am trying to say.
Making money is easy,losing money is easier
Outstanding work , i have always believed that indicators are not necessary. The big players that move the market, ie banks, hedge funds etc, do not look at macd, rsi, stochastic etc
Can i assume that your ABCD are proprietary?
Quoting Stompe
Sorry Lt will try again, the g/u you have posted for Thursdaay 1.5425 is that the high from wednesday 1.5228 is that the low from wednesday.

what time of the day do you use to get these figures do you go fom 12am until 12 midnight gmt or do you use the figure fom eg 7am until close.

hope you get what i am trying to say.
He says it in his opening post

"It's a calculation of my own, based on previous days
price action. They are areas where I like to think that the market will either reverse
or break out."
Brownturtle, Stompe,

I study the charts each evening and take into account PDH / PDL (previous day high / low) amongst other things like previous support & resistance, volatility, where the market turned or had a break out, ADR etc etc.

From that I try to predict where the reversal levels are and also where the break out levels are also for the following day.

This will then give me my 4 lines (A,B,C & D)
PREPARATION is PARAMOUNT for PEAK PERFORMANCE....
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