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1minute 1 trade

  • #1,841
  • Oct 10, 2012 4:40am Oct 10, 2012 4:40am
  •  9er
  • | Joined Oct 2012 | Status: Please tell me it's impossible | 732 Posts
Seems promising

Quoting Paulus
Please dont forget only 25 days of data..this may well just blow up !!

Ive always like the idea of taking just 1 trade and shutting down for the day, whats the points of getting financial freedom only to spend your life sting in front of a PC for 8 hours a day on your own

Boredom kicks in, you start to gamble and play and suddenly the business plan is out the window money management is out the window risk control is out the window

Pretty soon the PC is out the window!

This system uses a very basic principle..Where’s the trend heading jump...
  • #1,842
  • Oct 10, 2012 5:15am Oct 10, 2012 5:15am
do you trade them or only demo?

Quoting Honest Bill
This run of losses is wearing me down. Currently, 10 in a row. No winners for 1 week now.
Attachment
Money is important, Love is essential.
  • #1,843
  • Oct 10, 2012 5:57am Oct 10, 2012 5:57am
Quoting Honest Bill
This run of losses is wearing me down. Currently, 10 in a row. No winners for 1 week now.
Attachment
are trading this the way strada trades it?

if so, then so far this week looking at my charts I see:
monday 1W 1L
tuesday 2L
wed 2W

the first short signal the next candle retraces and when macd goes dark green again the stox is too low, finally when the macd goes dark green again the stox is good and therefore the signal is good. Also, don't forget about the no bias long that shows a good signal.
  • #1,844
  • Oct 10, 2012 1:51pm Oct 10, 2012 1:51pm
hi,
are you trying improving hte technique by catching more trades possible hte morning session?

there is maybe a great work of research to do about that. when the market is calm . from 5 an to 8 am london time and from 10 pm to 1 am, the evening.

if anyone will have courage to start work and statistics , or to share the work by diving the research results from different hours...

i know that some professional traders use the retracement from stockastisque simply, on M1, with bollinger the night . and good results.

good research , enjoy the work and proud to make your own research and improvment
  • #1,845
  • Oct 10, 2012 2:48pm Oct 10, 2012 2:48pm
if you use a Stop Loss hard, from 3 to 6. with a ratio 3, you will see lot of different results.

what i can say to you is that in september i was negative with a SL 5

i am working research to see how the retracement can be improved, and make a SL from 3 to 6 regarding the last highest level of the day

there is something very good into that. THis style will make a much better result thant a code EA defined ! SO fantastic
  • #1,846
  • Oct 11, 2012 1:13am Oct 11, 2012 1:13am
First of today:
Entry at 07:06 London time

Bias down
Entry: 1.28551
SL: 1.28521
TP: 1.28611

LOSS (i think it took less than a minute to kick me out)
  • #1,847
  • Oct 11, 2012 1:37am Oct 11, 2012 1:37am
Quoting Ati Baia
do you trade them or only demo?
Live. I use IG Index where I can get a 0.8 spread. They don't do demo.
Honest Bill
  • #1,848
  • Oct 11, 2012 1:48am Oct 11, 2012 1:48am
Second trade with BIAS

Entry 07:39 London time
SELL
Entry Price: 1.28629
SL:1.28659
TP: 1.28569

WIN
  • #1,849
  • Oct 11, 2012 2:21am Oct 11, 2012 2:21am
Quoting mannai70
are trading this the way strada trades it?

if so, then so far this week looking at my charts I see:
monday 1W 1L
tuesday 2L
wed 2W

the first short signal the next candle retraces and when macd goes dark green again the stox is too low, finally when the macd goes dark green again the stox is good and therefore the signal is good. Also, don't forget about the no bias long that shows a good signal.
Quoting atlante11
hi,
are you trying improving hte technique by catching more trades possible hte morning session?

there is maybe a great work of research to do about that. when the market is calm . from 5 an to 8 am london time and from 10 pm to 1 am, the evening.

if anyone will have courage to start work and statistics , or to share the work by diving the research results from different hours...

i know that some professional traders use the retracement from stockastisque simply, on M1, with bollinger the night . and good results.

good research , enjoy...
Quoting atlante11
if you use a Stop Loss hard, from 3 to 6. with a ratio 3, you will see lot of different results.

what i can say to you is that in september i was negative with a SL 5

i am working research to see how the retracement can be improved, and make a SL from 3 to 6 regarding the last highest level of the day

there is something very good into that. THis style will make a much better result thant a code EA defined ! SO fantastic
Sorry to reply to all in a quick post, but, I'm not as nimble as strada with the typing.

Mannai,
A combination of Strada and Paulus. I manually backtested several months until my eyes were bleary and came up with the attached**. During the backtesting I did hit one run of 10 losses too. I broke the current loss run today and will post later.

Atlante,
I won't say I am trying to improve the strategy, but rather adding some rules for myself which keep me disciplined (and hopefully filter out a few false signals). Go back through the thread. Strada posted results in a spreadsheet.
Also, I normally only use a few moving averages and sometimes the RSI. This strategy uses Stoch and MACD, So, I won't be adding any more and I never use EA's. All manual.

I was using the last swing hi/lo for stop loss which meant 5 or more pips. So, now I try to get in like Strada for 3 sl and 6 tp. I know the ratio is only 1:2, but most times 1:3 or 9 pips never seems to be hit.


**Note: While I am live trading I have not decided if this is a long term strategy for me yet, so perhaps stick to Paulus or Strada's rules. I am giving this until end October. So, PLEASE, PLEASE, PLEASE, don't ask lots of questions until then.
Attached File(s)
File Type: doc Honest Bill's Paulus Strategy.doc   58 KB | 673 downloads
Honest Bill
  • #1,850
  • Oct 11, 2012 5:22am Oct 11, 2012 5:22am
Losing streak broken today.

Attached Image (click to enlarge)
Click to Enlarge Name: PS_2012-10-11_1114.png Size: 114 KB
Honest Bill
  • #1,851
  • Oct 11, 2012 6:17am Oct 11, 2012 6:17am
Thanks .. no wonder this loosing strike is wearing you out .. wish you some better days ...

Cheers
Ati

Quoting Honest Bill
Live. I use IG Index where I can get a 0.8 spread. They don't do demo.
Money is important, Love is essential.
  • #1,852
  • Oct 12, 2012 4:03am Oct 12, 2012 4:03am
hi guys, I just joined the thread. I'm seeking for advice and opinion regarding placing the SL. I was trying with MT4 just now, and the 1.8pips spread is killing the ratio. I was trying with strada SL2 TP6. The spread hence turned it into SL3.8 TP7.8 (instead of 1:3, now its 1:2, risk reward ratio has been deteriorated).

I just signed up for Capital Spread Betting. Here's the question.
1) For those using MT4 trading, how do you place your trade? how many pips in actual for SL and TP?
2) For those spreadbetting, did you enter the trade once the MT4 has hit the signal line?

Thanks all. Its a great concept, hope can benefit from it. Enjoy ur weekend.
  • #1,853
  • Oct 12, 2012 4:35am Oct 12, 2012 4:35am
Quoting wilsonch
hi guys, I just joined the thread. I'm seeking for advice and opinion regarding placing the SL. I was trying with MT4 just now, and the 1.8pips spread is killing the ratio. I was trying with strada SL2 TP6. The spread hence turned it into SL3.8 TP7.8 (instead of 1:3, now its 1:2, risk reward ratio has been deteriorated).

I just signed up for Capital Spread Betting. Here's the question.
1) For those using MT4 trading, how do you place your trade? how many pips in actual for SL and TP?
2) For those spreadbetting, did you enter the trade once...
2) Yes. MT4 for charts only

I had been using MT4 demo, but moved over to live spreadbetting for a tighter spread. Makes it real too.
Honest Bill
  • #1,854
  • Oct 12, 2012 4:36am Oct 12, 2012 4:36am
Attached Image (click to enlarge)
Click to Enlarge Name: PS_2012-10-12_1023.png Size: 85 KB
Honest Bill
  • #1,855
  • Oct 12, 2012 12:04pm Oct 12, 2012 12:04pm
Using 2 pips SL (1 pip spread + 1 pip TP) and taking the 2 first trades this week:

Monday:

6:13 Buy, NB. Probaly loss because price went at least -1 pip before +6
6:48 bias. Loss. Price went -3.8

Tuesday:

6:29 Loss NB and bias(maybe the first trade was 6:00 wich was a loss too)
07:00 NB loss

Wednesday:

6:04 NB loss. Maybe not using criteria of wait price to goes in trade direction
6:33 price went bellow the line but came back quickly. Difficult to say because price went 1.3 pip before goes up. Most probably a loss.

7:15 if 6:04 was not taken than maybe this one was a trade to take and it was a loss.

Thursday:

6:06 NB loss
6:39 bias win

Today

6:04 bias: loss
7:12 maybe a win, but price went 0.8 against the trade

I am not trading this so i am not 100% sure
  • #1,856
  • Oct 15, 2012 1:20pm Oct 15, 2012 1:20pm
Attached Image (click to enlarge)
Click to Enlarge Name: PS_2012-10-15.png Size: 65 KB
Honest Bill
  • #1,857
  • Oct 17, 2012 2:22am Oct 17, 2012 2:22am
Attached Image (click to enlarge)
Click to Enlarge Name: PS_2012-10-16.png Size: 70 KB
Honest Bill
  • #1,858
  • Oct 17, 2012 11:17am Oct 17, 2012 11:17am
I have decided to abandon this strategy. I wish you all success if you decide to continue with it.


Attached Image (click to enlarge)
Click to Enlarge Name: PS_2012-10-17_1710.png Size: 107 KB
Honest Bill
  • #1,859
  • Oct 17, 2012 11:34am Oct 17, 2012 11:34am
Quoting Honest Bill
I have decided to abandon this strategy. I wish you all success if you decide to continue with it.


Attachment
Why not try the way this lady is using this method and is very happy about it: exactly as Paulus is doing plus an additional stoch of 55 15 15 on 1 min.

http://www.forexfactory.com/showthre...85#post5819785
Regards
  • #1,860
  • Oct 21, 2012 7:14am Oct 21, 2012 7:14am
Quoting howard
Why not try the way this lady is using this method and is very happy about it: exactly as Paulus is doing plus an additional stoch of 55 15 15 on 1 min.

http://www.forexfactory.com/showthre...85#post5819785
Just did a small backtest using LadyOfFame strategy (add a Stoch 55,15,15 to confirm the trade) and the results are good. Obviously, backtesting is not the same as trading and some trades were very late in the session but might worth to try:

With RR 2:1
LWWWWWWWWLW

With 3:1
LWWWWLWWWLL
4 traders viewing now