Hey All, Not managed any trading today as taking the GF out was a necessity. I'm travelling back to the UK tomorrow and have a few charts to do a back test on. I have been reading through PHX62 study guides and I was wondering if anyone had tried of a similar method of his where you enter on the 1H cross only in the London session and exit any trade upon the printing of a 30M candle of the opposite color?
I have the charts downloaded and will give me some idea as to how this method would work. (only EU)
Anyway good luck to all over the next few days.
EDIT: Im running 3 different tests, first one as mentioned before. Second one taking note of all potential profits after the close of a 1H candle and compare then to the first test. Third one is very basic and I dont expect much but its a combination of the 2: Entering on the 30M TDICross and exiting on 1st print of a different color candle.
I have the charts downloaded and will give me some idea as to how this method would work. (only EU)
Anyway good luck to all over the next few days.
EDIT: Im running 3 different tests, first one as mentioned before. Second one taking note of all potential profits after the close of a 1H candle and compare then to the first test. Third one is very basic and I dont expect much but its a combination of the 2: Entering on the 30M TDICross and exiting on 1st print of a different color candle.