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1minute 1 trade

  • #1,581
  • Aug 7, 2012 2:15am Aug 7, 2012 2:15am
Quoting jdva
short 1.2389, SL 1.2395, TP 1.2371
I am confuse about the bias so just i sideways but now looks buy.....
  • #1,582
  • Edited 2:18am Aug 7, 2012 2:15am | Edited 2:18am
Quoting jdva
short 1.2389, SL 1.2395, TP 1.2371
I was curious if anyone would enter on that.. I was going to but got cold feet because i didn't feel there was a great enough bias for the 2 hour period.

Taking just the 1 hour before Ldn open, the bias was more clearly positive, so I was tempted to go for that instead.

What is everyone else doing?

edit: Looks like I also missed long entry on eur/gbp @08:09
  • #1,583
  • Aug 7, 2012 2:34am Aug 7, 2012 2:34am
I held out as it looked like it would break the high, as it now has. So I can start looking for valid long setups.
  • #1,584
  • Aug 7, 2012 2:45am Aug 7, 2012 2:45am
Quoting bob_inabottle
I held out as it looked like it would break the high, as it now has. So I can start looking for valid long setups.
Enter long
  • #1,585
  • Aug 7, 2012 2:52am Aug 7, 2012 2:52am
Quoting umpats
I am confuse about the bias so just i sideways but now looks buy.....
OK...that is benefit of hindsight, anyway the bias was down no matter whether strong or weak, just sticking to the rules will produce longterm success...IMHO!

I ask everybody to post his trades before the fact!

Thx, jdva
I never lose - either I win or I learn...
  • #1,586
  • Aug 7, 2012 2:56am Aug 7, 2012 2:56am
Quoting umpats
Enter long
please show us your signal bar to enter long according to Paulus' rules...

thx, jdva
I never lose - either I win or I learn...
  • #1,587
  • Aug 7, 2012 2:59am Aug 7, 2012 2:59am
Quoting jdva
please show us your signal bar to enter long according to Paulus' rules...

thx, jdva
find the setup...

win +++
Attached Image (click to enlarge)
Click to Enlarge Name: EU 1 minute.JPG Size: 190 KB
  • #1,588
  • Aug 7, 2012 3:08am Aug 7, 2012 3:08am
Quoting umpats
find the setup...

win +++
.........which MACD settings you are using?
I never lose - either I win or I learn...
  • #1,589
  • Aug 7, 2012 3:20am Aug 7, 2012 3:20am
Quoting jdva
.........which MACD settings you are using?
I am not in the MT4 so i open always netdania chart and find the signal and trade through mobile. otherwise MACD setting is same as per paulus rule 5,3,3....

hey guys just today i come with the idea why not we look also EJ,GU pair . may be paulus with guide us in this.
  • #1,590
  • Aug 7, 2012 3:28am Aug 7, 2012 3:28am
Quoting umpats
I am not in the MT4 so i open always netdania chart and find the signal and trade through mobile. otherwise MACD setting is same as per paulus rule 5,3,3....

hey guys just today i come with the idea why not we look also EJ,GU pair . may be paulus with guide us in this.
sorry... I mean MACD settings, not Stoch...
surely other pairs may work too...
I never lose - either I win or I learn...
  • #1,591
  • Aug 7, 2012 3:41am Aug 7, 2012 3:41am
Quoting jdva
sorry... I mean MACD settings, not Stoch...
surely other pairs may work too...
sorry friend, MACD setting is 5,34,9....
  • #1,592
  • Aug 7, 2012 6:46am Aug 7, 2012 6:46am
Quoting umpats
sorry friend, MACD setting is 5,34,9....

Hi umpats

I noticed that you were also trying out the "price_bounce_off_MA" expert advisor. Did you ever get it to work? I have tried it out on every setting but it never opens a trade!
  • #1,593
  • Aug 7, 2012 9:00pm Aug 7, 2012 9:00pm
Quoting jmtini
Hi umpats

I noticed that you were also trying out the "price_bounce_off_MA" expert advisor. Did you ever get it to work? I have tried it out on every setting but it never opens a trade!
friend,

I am only using default indicator from NetDania chart, not using any EA.
As i am on day job so only possible to me is only open NetDania chart from IE.
  • #1,594
  • Aug 8, 2012 2:21am Aug 8, 2012 2:21am
If you live in Europe - you HAVE to get up early - second day in a row that we've had a nice looking signal from the chart at 6.00am (GMT) !
  • #1,595
  • Aug 8, 2012 2:39am Aug 8, 2012 2:39am
Quoting jmtini
If you live in Europe - you HAVE to get up early - second day in a row that we've had a nice looking signal from the chart at 6.00am (GMT) !
friend i am living in Singapore and now i am on the day job.

by the way today bias is down....

already in sell order...
  • #1,596
  • Aug 8, 2012 2:59am Aug 8, 2012 2:59am
Quoting umpats
friend i am living in Singapore and now i am on the day job.

by the way today bias is down....

already in sell order...
Where's your SL today?
  • #1,597
  • Aug 8, 2012 3:11am Aug 8, 2012 3:11am
MACD is red will wait for green before I go short
  • #1,598
  • Aug 8, 2012 3:15am Aug 8, 2012 3:15am
Quoting spaizkadett
Where's your SL today?
Enter with 1.2372
SL 1.2378

loss today....
  • #1,599
  • Aug 8, 2012 5:53am Aug 8, 2012 5:53am
Quoting umpats
Enter with 1.2372
SL 1.2378

loss today....
That was also exactly what I did, thanks
  • #1,600
  • Aug 8, 2012 6:59am Aug 8, 2012 6:59am
Quoting spaizkadett
That was also exactly what I did, thanks
spaizkadett

Really, in my humble opinion (and backtested) you need to trade this system off the 5 min chart. One has to try to "see" the situation in order to make an informed decision - I really can't understand how anyone can see what's going on if you are using the 1 min. That's why the win/loss ratio on 1 min is quite poor. On 5 min chart in last 30 days, it shows 19 wins, 11 losses
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