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1minute 1 trade

  • #861
  • Jun 25, 2012 12:36am Jun 25, 2012 12:36am
Sell . Today plus! Trades are closed! http://www.forexfactory.com/images/icons/icon14.gif
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  • #862
  • Jun 25, 2012 12:47am Jun 25, 2012 12:47am
I got confused regading 1 minute 1 trade.

1. Is that from Europe open to London open?
why people get th signal early? I just get it less than 1 hour ago.

2. shall be one day one trade?
Some people got two different direction trades. Why?

kindly ask somebody to explain.
  • #863
  • Jun 25, 2012 12:51am Jun 25, 2012 12:51am
Quoting tol
Sell . Today plus! Trades are closed! http://www.forexfactory.com/images/icons/icon14.gif
against the rules
  • #864
  • Jun 25, 2012 12:55am Jun 25, 2012 12:55am
Quoting Fame of me
against the rules
Only according to the rules! Then the ignorance of the rules will cause a loss!
  • #865
  • Jun 25, 2012 12:55am Jun 25, 2012 12:55am
Quoting atgmer
Hi iwjw,

i'm still trying to learn paulus method.

how did you manage to catch the short at 7:15?
the mcad was so tiny can't even see on my chart, and if i'm not mistaken, the stoch is below the 50 level?
i thought we should short when the stoch is below 80 but above 50?
any comment is appreciated. thanks.
I'm using my indicator, so I don't care whether it's tiny or not
At the close of the 7:14 candle stoch was about 52 and macd had a darkgreen candle

The short wouldn't have reached TP so far, but I think I would closes it as soon as macd gets positive values
  • #866
  • Jun 25, 2012 12:57am Jun 25, 2012 12:57am
Quoting tol
Only according to the rules! Then the ignorance of the rules will cause a loss!
U stoch is under 50 this is against the rules, or not?
Edit, aha, i think lucky for u today ;-)
  • #867
  • Jun 25, 2012 1:01am Jun 25, 2012 1:01am
Quoting Fame of me
U stoch is under 50 this is against the rules, or not?
Edit, aha, i think lucky for u today ;-)

Oscillator - 38. Well sell! MACD - green, at the last minute!
  • #868
  • Edited 1:30am Jun 25, 2012 1:09am | Edited 1:30am
Trade triggered based on paulus method short at 1.2496 ST 1.2504 TP 1.2472
  • #869
  • Jun 25, 2012 1:10am Jun 25, 2012 1:10am
Short for me 1.2496, stop 1.2514 tp 1.2442
  • #870
  • Jun 25, 2012 1:16am Jun 25, 2012 1:16am
Quoting Sunnybeach
I got confused regading 1 minute 1 trade.

1. Is that from Europe open to London open?
why people get th signal early? I just get it less than 1 hour ago.

2. shall be one day one trade?
Some people got two different direction trades. Why?

kindly ask somebody to explain.
1)don't care about the names
the method is using a 2 hour timewindow that's currently starting at 5 GMT and ends at 7 GMT
2)how would the system work if the trend during the 2 hours is ignored and you take the first trade signal. And without bias there would have been a long signal (that failed) 10 min prior to the short.
So don't get confused it's only a looking at "what if"
  • #871
  • Jun 25, 2012 1:21am Jun 25, 2012 1:21am
Once again show. Where I broke the rules? Everything correctly. On the market of decisions quickly! The signal was correct. I closed my profit.
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  • #872
  • Jun 25, 2012 1:28am Jun 25, 2012 1:28am
In find this thread to be very interesting.

It appears that mathematically this system cannot fail, considering it contains a 3:1 Reward to Risk ratio. The systems that seem to struggle carry a 1:1 RRR. Thanks for sharing your results, very inspiring!
See our myfbook results. Our username = MPC
  • #873
  • Jun 25, 2012 1:28am Jun 25, 2012 1:28am
now you see that this system provides some benefit and the whole crowd in the post .. gne gne! givu em soem money!

if I had the ability to predict market as well as human behavior would be richer than fucking buffet
  • #874
  • Jun 25, 2012 1:35am Jun 25, 2012 1:35am
Lost trade based on paulus time frame
win base on strada time frame..... Just checking both times to see which one suits me...

Don't get me wrong paulus system is still ok...he has been trading it for 3months now with profits...
  • #875
  • Jun 25, 2012 1:48am Jun 25, 2012 1:48am
Quoting tol
Once again show. Where I broke the rules? Everything correctly. On the market of decisions quickly! The signal was correct. I closed my profit.
according to the rules the stoc must be above 50 not below 50....ok
  • #876
  • Jun 25, 2012 1:48am Jun 25, 2012 1:48am
Quoting kuma
First off, thank you Paulus and everyone for contributing to what looks like a promising strategy. I have been following this thread since the beginning and this week I decided to code an EA for it. I have added several parameters to give some flexibility in how it trades and I allow for trading all 5 session opens. Here are descriptions for the parameters:

// MT4 Server time of each session open (defaults are for EST)
Sydney
Tokyo
Euro
London
NewYork

[color="gray"]// Which session to trade (use 1 to trade...
Hi Kuma,

Many thanks for sharing the EA! I have been following this thread and doing my own testing for a while and it is nice to have an EA to do more testing before going live.

I have changed the settings for the SL to 5%, however, would you mind explaining where the TP/Reward can be adjusted?
  • #877
  • Jun 25, 2012 1:55am Jun 25, 2012 1:55am
Quoting zawad4u
according to the rules the stoc must be above 50 not below 50....ok

No, I'm selling. So below!
  • #878
  • Jun 25, 2012 2:10am Jun 25, 2012 2:10am
sell 1.2506 @ 857 GMT SL 1.2516 (-5%) TP 1.2476 (+15%)

I was late to work today, so I guess entry sort of breaks the rules

.
  • #879
  • Jun 25, 2012 2:11am Jun 25, 2012 2:11am
Quoting iwjw
Hi,
been a reader here since the beginning but didn't post so far
Haven't traded this method yet but now coded an indy to play with
And as always, the number of changeable parameters keeps growing to look what happens if you change this or that
So what we've got:
RangeStartTime/RangeEndTime:
- is your brokers time so you have to adjust to GMT yourself
InvertBias:
- Bias is the difference between StartTime openprice and EndTime openprice ->positive/bullish,negative/bearish bias. This option allows to invert bull/bear.
InvertSignal:
- show...
Just wanted to say thanks for the Indy. I have just noticed that the Indy issued the sell signal at the same time as I manually entered the trade today (I had the indy on a different chart). So it looks very promising.
  • #880
  • Jun 25, 2012 2:16am Jun 25, 2012 2:16am
i think this is worth considering

Quoting strada
..........using 5 till 6 for bias (GMT), trading from 6am ~ W 13; L 7.
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