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1minute 1 trade

  • #1,021
  • Jun 27, 2012 12:02pm Jun 27, 2012 12:02pm
Quoting Jpr
Some contributors to this thread continue to baffle me.

Paulus has posted incredible live forward testing results.

And people are still saying it needs to be changed or tweaked or it's not working. What?

In honesty I hope that the system goes through another run of 4-5 straight losses. Why? Because then all the people looking for the holy grail can jump to another thread.

This thread is awesome in teaching two fundamental lessons: The need for good R:R, and the need to not over-trade.

Thank you Paulus for all your input and your incredible...
I agree 100%
  • #1,022
  • Jun 27, 2012 1:19pm Jun 27, 2012 1:19pm
Quoting Paulus
Bias was up today as shown on my chart

So looking for the long

Stoch below 20
Macd went dark red
macd went light red
Stock below 50 at that point

Entered long

SL and approx TP shown

Monday 25th

Account £22,257 x 5% = £1,112
Result - Win £3,338

Account - £25,595

Tuesday 26th

Account £25,595 x 5% = £1,279
Result - Win £3,835

Account - £29,430
thx for the update P, I just watch your result and compare mine to yours

hope you continue to post your results on the weekends
  • #1,023
  • Jun 27, 2012 1:24pm Jun 27, 2012 1:24pm
Quoting lillelise
no need to comment...you have a lot to learn..my freind
If there was no need to comment then why did you? I won't read your reply cause your on ignore.
  • #1,024
  • Jun 27, 2012 1:36pm Jun 27, 2012 1:36pm
Quoting Jpr
If there was no need to comment then why did you? I won't read your reply cause your on ignore.

amazing...what was wrong with my suggestion ???

its a demo account...its not scalping for 1-2 pips...very easy to use 30 sec to post a pic here right away of entry taken..
....if someone says they dont have time for that..it bs.

if done this way..you didnt have to use site up and down...discussin the right time and bias...

anyway,,i actually dont care...
StopLoss is for none belivers... Trust the Gurus..
  • #1,025
  • Edited 6:08pm Jun 27, 2012 5:49pm | Edited 6:08pm
Paulus has an up bias for the 26th of June.

however if you draw the line from the open of his chart at 8.00 GMT his line should start higher (not at the bottom of the candle)
continue to the end of 9.59 GMT should be lower at the close of that candle.

for those 2 hours should be a down bias or neutral

unless Paulus has a different way of viewing the 2 hour period, like if price was mainly above the line during that period, we go long.
  • #1,026
  • Jun 27, 2012 7:19pm Jun 27, 2012 7:19pm
sorry guys........I see that Paulus always uses the close of the 8.00 and 10.00 GMT candles, so bias is up!
  • #1,027
  • Jun 27, 2012 7:27pm Jun 27, 2012 7:27pm
Quoting yonnie
sorry guys........I see that Paulus always uses the close of the 8.00 and 10.00 GMT candles, so bias is up!
Hi! am confusing about timing,

8.00 AM GMT and 10.00 AM GMT

according to this web page http://forex.timezoneconverter.com/?...=GMT&refresh=5

is that 1 Hour after London Opens (8.00 AM GMT)
  • #1,028
  • Jun 27, 2012 7:39pm Jun 27, 2012 7:39pm
Quoting kuma
I resolved the issues with the EA on your broker so you can give it a try. I need to find some good quality data for doing better back testing as my data quality is only showing 25%.
Hi Kuma

I've been giving your EA a run and had a short trade opened 22 mins (27 June) after London open @ price of 1.2491 (SL 1.2493 shown in comments). All this looked correct to me, but I'm no expert. However, the price went against the trade and should have been stopped out, but wasn't and is still open.

Cheers

Paul
  • #1,029
  • Jun 27, 2012 10:54pm Jun 27, 2012 10:54pm
Quoting Jpr
Some contributors to this thread continue to baffle me.

Paulus has posted incredible live forward testing results.

And people are still saying it needs to be changed or tweaked or it's not working. What?......
agree with lillelise. a signature of a successful system is if the results can be successfully replicated not by a few but by many independent testers.

paulus himself acknowledged that this is a work in progress. and we are all here out of our own accord to independently verify the results and hopefully incorporate what he has to offer to our trading styles.

to blindly follow anything, is recipe for disaster in whatever career one has chosen. successful persons in their chosen professions are not mere followers, they are leaders of their own. and another shared characteristic of successful persons is not really creating something out of nothing. but re-creating, building from the efforts of their predecessors, working smarter not harder.
Challenger
  • #1,030
  • Jun 28, 2012 12:03am Jun 28, 2012 12:03am
Quoting Peepo
Hi! am confusing about timing, 8.00 AM GMT and 10.00 AM GMT
Paulus` charts are from TradingPoint, which is a GMT broker, so his 2 hour period is from 9.00-11.00 London time.
he starts looking for a trade after 11.00am London time
  • #1,031
  • Jun 28, 2012 12:12am Jun 28, 2012 12:12am
Quoting Jpr

This thread is awesome in teaching two fundamental lessons: The need for good R:R, and the need to not over-trade.

Thank you Paulus for all your input and your incredible patience.


Absolutely agree!
It is better to die on your feet than to live on your knees. Zapata.
  • #1,032
  • Jun 28, 2012 12:46am Jun 28, 2012 12:46am
Quoting yonnie
Paulus` charts are from TradingPoint, which is a GMT broker, so his 2 hour period is from 9.00-11.00 London time.
he starts looking for a trade after 11.00am London time
Yonnie, pls cheak out Post #18 & #66 by Paulus.
  • #1,033
  • Jun 28, 2012 1:03am Jun 28, 2012 1:03am
I start looking for a trade at 8am uk time..the time here is now 06.59am

I run 2 systems totaling 10 charts

I very rarely chat in the day as if Im not in a trade or a trade is not setting up then I leave the PC .. simple as that

All the info for the system is within the thread and we can all make up our own minds on bias you have seen how I do it and the rules I follow

You need a structure to your life I used to be co moderator of a trading forum and it tied me to the PC for around 12 hours a day...not any more

Yest was a loss ..will update figures later

P
  • #1,034
  • Jun 28, 2012 1:06am Jun 28, 2012 1:06am
Quoting yonnie
Paulus` charts are from TradingPoint, which is a GMT broker, so his 2 hour period is from 9.00-11.00 London time.
he starts looking for a trade after 11.00am London time
Hey! thanks...

so London just opens, and its looks Down bias , its this graphic correct ?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd bias.png Size: 40 KB
  • #1,035
  • Jun 28, 2012 1:30am Jun 28, 2012 1:30am
Quoting Peepo
Hey! thanks...

so London just opens, and its looks Down bias , its this graphic correct ?
No, London open isn't for another half an hour.
  • #1,036
  • Jun 28, 2012 1:40am Jun 28, 2012 1:40am
not correct, Londons opens in about 20mins, seems we get a down bias today so far, so would be still correct....
I never lose - either I win or I learn...
  • #1,037
  • Jun 28, 2012 1:45am Jun 28, 2012 1:45am
Quoting Jpr
No, London open isn't for another half an hour.
Great! thanks.
  • #1,038
  • Jun 28, 2012 1:52am Jun 28, 2012 1:52am
http://www.forexmarkethours.com

Do youself a favour go there and from the drop down box enter where you live and presto no more confusion .
Enter Signature
  • #1,039
  • Jun 28, 2012 2:00am Jun 28, 2012 2:00am
sell bias
consistency wins
  • #1,040
  • Jun 28, 2012 2:10am Jun 28, 2012 2:10am
Quoting ECO
http://www.forexmarkethours.com

Do youself a favour go there and from the drop down box enter where you live and presto no more confusion .
Hi, the confusion is not when markets open, but when Paulus use to determinate Bias.

As I understood in his first graphics, Bias is 2 hours before London Open TO London Opens. (look char A in the first page.)

He said Frankfurt (germany) Euro Opens To London Open, but in betwee there is only 1 hour and not 2 hours.

This is the confusion i think, most people is having with the Bias.

But now i dont know is when London Open and 2 hours after London Opens. GMT 7-9 Am
London time 9-11 Am





sorry the confuson and my english is worst than my trades lol
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