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1minute 1 trade

  • #1,161
  • Jul 4, 2012 1:20am Jul 4, 2012 1:20am
Quoting Paulus
.....I found the pressure immense and when I was I'll or having problems at home or any kind of stress my judgement analysis suffered and so did my trading hence I only go for mech now
P
I can believe that would cause lots of pressure.

Going for mechanical does make sense in this way, never looked at it that way. You would still need a firm believe in your system though.
But i do like this one so far, and agree it should not be up for change.
Thnx Paulus.
  • #1,162
  • Jul 4, 2012 2:15am Jul 4, 2012 2:15am
Good day everyone

I see Up Bias.

But I have a question, if this line (1.2586) is broken before a buy signal we have down bias ? am I right ?

Best regards.

EDIT: and it is broken ATM. So, DOWN BIAS .
Attached Image (click to enlarge)
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  • #1,163
  • Jul 4, 2012 2:16am Jul 4, 2012 2:16am
-5%
  • #1,164
  • Jul 4, 2012 2:17am Jul 4, 2012 2:17am
Quoting Peepo
Good day everyone

I see Up Bias.

But I have a question, if this line (1.2586) is broken before a buy signal we have down bias ? am I right ?

Best regards.

EDIT: and it is broken ATM. So, DOWN BIAS .

Correct.
  • #1,165
  • Jul 4, 2012 2:19am Jul 4, 2012 2:19am
Quoting Rahimseven
-5%
What did you trade? I did not see a signal yet..
  • #1,166
  • Jul 4, 2012 2:32am Jul 4, 2012 2:32am
Quoting Peepo
What did you trade? I did not see a signal yet..
Long 1.25911

08:06
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  • #1,167
  • Jul 4, 2012 2:50am Jul 4, 2012 2:50am
Quoting Rahimseven
Long 1.25911

08:06
I did not take becouse "my" stochastic was not under 20 before, but i see "your" was.

how come !?
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  • #1,168
  • Jul 4, 2012 3:04am Jul 4, 2012 3:04am
Quoting Peepo
I did not take becouse "my" stochastic was not under 20 before, but i see "your" was.

how come !?
Has to be under 50 not 20
  • #1,169
  • Jul 4, 2012 3:08am Jul 4, 2012 3:08am
Quoting Peepo
I did not take becouse "my" stochastic was not under 20 before, but i see "your" was.

how come !?
Your arrow is after 8:06

6 bars after London open is your signal bar and you STOCH was under 50 at that time

right where your MACD turns bright red
  • #1,170
  • Jul 4, 2012 3:11am Jul 4, 2012 3:11am
Quoting Rahimseven
Has to be under 50 not 20
Step 3


We now need the MACD to go red this is going to help us find the best retracement
Within the period the MACD is red we need the Stochastic to be below 20

The vertical line in chart B shows this

Step 4


We now need the MACD bar to go from dark red to red as in chart C and we need the Stochastic to be below 50 at this point


Dont know, maybe i misundertand something
  • #1,171
  • Jul 4, 2012 3:39am Jul 4, 2012 3:39am
Quoting Peepo
I did not take becouse "my" stochastic was not under 20 before, but i see "your" was.

how come !?
Check your stoch settings.

Remove the 'signal' line (set colour to 'none')
Price Field: Low/High
MA Method: Simple
  • #1,172
  • Jul 4, 2012 5:26am Jul 4, 2012 5:26am
Quoting Peepo
Step 3


We now need the MACD to go red this is going to help us find the best retracement
Within the period the MACD is red we need the Stochastic to be below 20

The vertical line in chart B shows this

Step 4


We now need the MACD bar to go from dark red to red as in chart C and we need the Stochastic to be below 50 at this point


Dont know, maybe i misundertand something


For a good signal in an up bias market Stochastic needed to swing below the 20 level, MACD if green needs to go to dark red then red. Once MACD gose from dark red to red wait for the bar to close. If bar closes with stochastic still below 50 and MACD red then take the trade.
  • #1,173
  • Jul 4, 2012 8:06am Jul 4, 2012 8:06am
-5% today
  • #1,174
  • Jul 4, 2012 11:23am Jul 4, 2012 11:23am
yes we have a losing long today

Your money management has to be in place ie risk no more than 1-5% of the bank on each trade

Set risk reward to 3:1

P
  • #1,175
  • Jul 4, 2012 12:22pm Jul 4, 2012 12:22pm
thanks sidefx and Rahimseven for you reply.

-5% *_*
  • #1,176
  • Jul 4, 2012 10:12pm Jul 4, 2012 10:12pm
Kuma, today again the EA did not take the first trade at 7:07, after the close of the signal bar at 7:06.


It entered at 7:12, but at least in my MT4 the stoch was above 50 at this time.
  • #1,177
  • Jul 5, 2012 2:23am Jul 5, 2012 2:23am
-5%
  • #1,178
  • Jul 5, 2012 2:24am Jul 5, 2012 2:24am
Quoting Rahimseven
.....If bar closes with stochastic still below 50 and MACD red then take the trade.
What if the bar closes with stochastic under 20 when MACD is red. Does it mean it is a valid signal or it has to be above 20 but below 50 as it is appears to be on all sample charts?
  • #1,179
  • Jul 5, 2012 2:27am Jul 5, 2012 2:27am
Just wondering if there has been a win this week. Has anyone got the win/loss ratio for the last 2 weeks.

Thanks.
  • #1,180
  • Jul 5, 2012 2:56am Jul 5, 2012 2:56am
Quoting Lana
What if the bar closes with stochastic under 20 when MACD is red. Does it mean it is a valid signal or it has to be above 20 but below 50 as it is appears to be on all sample charts?

It would be rare that the STOCK will still be under 20 when a good buy signal arrives. I like to see the STOCK rebounding from the 20 before entering and yes below 50.
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