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  • #461
  • Feb 16, 2012 11:32am Feb 16, 2012 11:32am
hy kraven,
must i do the krc on the indicators,or on expert advisors? on mt 4?

thx steve

Quoting kraven
actualy the GU was easy for me, big candles up or down are, i just moved SL to the bottom of every finished candle until it hit the weekly open.....hell, i should have done the same on UChf as i would have took profit now at +70 (at .9200 and 100ma)

although the EJ could give you +100 pips the KRC of 50pips was a bit big for me.
  • #462
  • Feb 16, 2012 11:33am Feb 16, 2012 11:33am
EUR/USD, H1/M15, London session:

H1: no trades
M15: +45 pips

Still testing......
  • #463
  • Feb 16, 2012 11:38am Feb 16, 2012 11:38am
Quoting Caillou
EUR/USD, H1/M15, London session:

H1: no trades
M15: +45 pips

Still testing......
hey Caillou

post your chart again please
  • #464
  • Feb 16, 2012 11:43am Feb 16, 2012 11:43am
This system can be easily used as support of ur other systems, as well as trading it solely. For instance, I have weekly strategy and today i saved quite a sum of pips, because i exited shorts on GU,GJ,EJ,EU..
However, once they meet my criteria i wil re-enter,no matter if there is no Hourly reversal bar .
I know, that according to rules no trade happened on EU, ..but...
If u have clear signal on GU, UC ( Swiss is actually pegged with Eu, for time being) at least consider exit ur short.
  • #465
  • Feb 16, 2012 11:47am Feb 16, 2012 11:47am
Steve in your indicators, then you need to rebout your MT4 (switch off the on)
  • #466
  • Feb 16, 2012 12:03pm Feb 16, 2012 12:03pm
is not a custom indicator, will be removed, on the yournal on mt 4!

Quoting kraven
Steve in your indicators, then you need to rebout your MT4 (switch off the on)
  • #467
  • Feb 16, 2012 12:05pm Feb 16, 2012 12:05pm
Quoting kraven
Never use 4hr for something like this, some brokers candles start at different times, eg my 4hr candle might have 1 hr left, yours may have 3hrs depending on broker time difference however 1hr should be the same to a couple of pips
Okidoki, thanks!
  • #468
  • Feb 16, 2012 12:10pm Feb 16, 2012 12:10pm
Quoting FOURX
hey Caillou

post your chart again please

Yes
Attached Image (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 131 KB
  • #469
  • Feb 16, 2012 12:10pm Feb 16, 2012 12:10pm
Quoting Chulmleigh
ps what does IMHO mean?
IMHO means "In My Humble Opinion"
:
  • #470
  • Feb 16, 2012 12:12pm Feb 16, 2012 12:12pm
don't like to say to much about daily trades but my GU from the start of the thread got stopped at +65 (the one that missed my tp of 150 by 2 pips). i had a NU entry today that closed half for 60 at 82800, then went and took the rest out for BE
there could be EU and Uchf setting up ...shame it's nearly the end of the week.
  • #471
  • Feb 16, 2012 12:21pm Feb 16, 2012 12:21pm
have you the adr or the krc indicator on your charts?

steve

Quoting kraven
don't like to say to much about daily trades but my GU from the start of the thread got stopped at +65 (the one that missed my tp of 150 by 2 pips). i had a NU entry today that closed half for 60 at 82800, then went and took the rest out for BE
there could be EU and Uchf setting up ...shame it's nearly the end of the week.
  • #472
  • Feb 16, 2012 12:23pm Feb 16, 2012 12:23pm
gbh-aud, gbp-chf tf 1.
what you mean guys?
  • #473
  • Feb 16, 2012 1:34pm Feb 16, 2012 1:34pm
just got into EU..trend continuation...risky only want a few pips..more later on this
  • #474
  • Feb 16, 2012 1:35pm Feb 16, 2012 1:35pm
and i'm out
  • #475
  • Feb 16, 2012 1:57pm Feb 16, 2012 1:57pm
ok dust has settled...i took this trade because of reasons on chart, plus spread only 1pip, this is important because of small TP...actualy it was RR 1:1 for +22pips.....NOTE, this pic is taking from my demo account as i've closed my other account now (keeps stoping???) and i'm now mucking around
Attached Image (click to enlarge)
Click to Enlarge Name: kkk.gif Size: 108 KB
  • #476
  • Feb 16, 2012 4:08pm Feb 16, 2012 4:08pm
Quoting kraven
Never use 4hr for something like this, some brokers candles start at different times, eg my 4hr candle might have 1 hr left, yours may have 3hrs depending on broker time difference however 1hr should be the same to a couple of pips
Hi, this is a really nice strategy Kraven, i really appreciate it but i have a question, as a daily chart trader make me understand why trading the 4hr is a no go area for you while the daily chart can be traded,as they both are large tf and different brokers candles also start at different times. So why do you prefer trading the the daily chart to 4hr? or do you place entries differently
  • #477
  • Feb 16, 2012 5:33pm Feb 16, 2012 5:33pm
holy pips that's a good question.

For this strategy I don't like trading on the 4hr simply because a mere 1hr broker difference can have a big inpact on the colour of a 4hr candle then a daily. i remember a long time ago trying a 4hr system and chatting to a guy in New Zealand, his 4hr chart looked like a completely different day to mine as his broker was 3hr different..it did have an impact on the daily too but not as dramatic.. idealy i'd pick the weekly or monthly for the big TF's to 'blur' any broker differences but the SL's a bitch, so the longest i go is daily
  • #478
  • Feb 16, 2012 8:13pm Feb 16, 2012 8:13pm
Quoting Chulmleigh
Are you still holding the EJ position?
sorry for the late reply...EJ garnered me about 60pips but the GU i took at the same time lose me 30pips but still gd enough for me
  • #479
  • Feb 16, 2012 8:58pm Feb 16, 2012 8:58pm
Quoting Omd
i think it's a valid signal but turned out to be false. i find that this system works best after the london market opens (0700h). hope this helps
Thanks for the reply, Omd.
  • #480
  • Edited 1:55am Feb 17, 2012 1:23am | Edited 1:55am
Would there have to be a significant move down (maybe two red candles before a reversal green) on EU for there to be a buy signal or would any of you take the green candle forming now (7:22am as I write in the UK)? One hour TF.
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