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Trade with 60

  • #41
  • Aug 31, 2015 11:04am Aug 31, 2015 11:04am
beautiful low of the day printed on USD/NOK today right at London open for all you Scandinavian traders

'picking top's and bottom's', 'trading bank holidays', 'fixed position sizing' - how many of these trading rules are complete bull!, pretty much all of them

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tradewith60
  • #42
  • Aug 31, 2015 11:08am Aug 31, 2015 11:08am
Quoting 60minuteman
beautiful low of the day printed on USD/NOK today right at London open for all you Scandinavian traders 'picking top's and bottom's', 'trading bank holidays', 'fixed position sizing' - how many of these trading rules are complete bull!, pretty much all of them {image}
and whilst we're on NOK, there was yesterdays high and your exit..

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tradewith60
  • #43
  • Aug 31, 2015 11:26am Aug 31, 2015 11:26am
Quoting jayhong
{quote} Thanks for your reply. sorry that I did not clearly express myself. I mean that will you consider the pattern (say sideway or trend) in asian time for this system setup? I also follow your facebook and I remember you mentioned "Asian range...here...non trendy H1 price action" in your facebook vedio (a re-cap of Tuesday on GU). So I thought you would not trigger the trade when there is trend in aisan time. Jay
ah ok, I think we are mixing 2 similar but different approaches - this 'trade with 60 stuff' is me distilling everything down into the simplest most methodical approach possible - trying to remove as much if not all discretion out of the process yet keeping the odd's in our favour. So here I am just looking for price to reverse at new hi's or lows in London and NY, nothing more, no trend, no price action, no marking SR....
tradewith60
  • #44
  • Aug 31, 2015 11:55am Aug 31, 2015 11:55am
Quoting 60minuteman
{quote} ah ok, I think we are mixing 2 similar but different approaches - this 'trade with 60 stuff' is me distilling everything down into the simplest most methodical approach possible - trying to remove as much if not all discretion out of the process yet keeping the odd's in our favour. So here I am just looking for price to reverse at new hi's or lows in London and NY, nothing more, no trend, no price action, no marking SR....
ok. got it. Thanks!
  • #45
  • Aug 31, 2015 1:02pm Aug 31, 2015 1:02pm
Monday done on GU +41 -32 +73

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tradewith60
  • #46
  • Aug 31, 2015 1:20pm Aug 31, 2015 1:20pm
Hi 60,
Simplicity, is what I love in your technique but execution needs to be practiced without fear for great success.
Thank you for opening my vision to your art.
  • #47
  • Aug 31, 2015 1:23pm Aug 31, 2015 1:23pm
Quoting Menle
Hi 60, Simplicity, is what I love in your technique but execution needs to be practiced without fear for great success. Thank you for opening my vision to your art.
correct Menle, we are really bad at rational decision making - it is something we have to study, understand and practice. Keeping notes is surprisingly effective...

good luck sir
tradewith60
  • #48
  • Aug 31, 2015 1:46pm Aug 31, 2015 1:46pm
Thank you 60, you are a blessing to me at this moment in time,
I forward a 100 fold return to you, master
  • #49
  • Sep 1, 2015 1:49am Sep 1, 2015 1:49am
+54 on GU long

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tradewith60
  • #50
  • Sep 1, 2015 2:12am Sep 1, 2015 2:12am
short GU high - going for coffee, nothing to do here for an hour

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tradewith60
  • #51
  • Sep 1, 2015 2:16am Sep 1, 2015 2:16am
when you get a hedge don't panic - wait for the range to expand - you can't lose (well almost )
tradewith60
  • #52
  • Sep 1, 2015 2:18am Sep 1, 2015 2:18am
watching that EU high.... anyone long yesterdays low?
tradewith60
  • #53
  • Sep 1, 2015 2:47am Sep 1, 2015 2:47am
Long @ 113020 expecting at least 113470 before a retrace ?
  • #54
  • Sep 1, 2015 3:18am Sep 1, 2015 3:18am
Hi 60 and Good morning
Nice this thread easy to read and easy to understand.
As matter of fact I thought I understood but most probably I must be a little thick.. because I still cannot figure out where You draw or plot lines for the high and low of the day. I thought Starting from Midnight GMT to London open 08.00 the current day meaning today September first.
Then I said to myself not that is wrong You have to draw them from the High or Low of the previous day meaning in this case Yesterday 31 August, no matter if it is London or New York H/L in other words can also be for instance the Highest during the London time and the Lowest during the New York one. Sorry for trying to be too much precise....
Then if finally you are able to guess the right way were to plot High and Low start trading. At the High You can go long and at the Low You can go short possible having 2 pending orders, if the High is triggered cancel the Low one and vice versa.
Did I get it right? No way for sure I got everything wrong!
Well didn't I tell I tell You that I am a little tick?.....
I would appreciate of course if You correct. Good day trading and of course plenty of Pips
Ralfy
  • #55
  • Sep 1, 2015 3:41am Sep 1, 2015 3:41am
Hi 60

Isnt the GU & EU a correlated pair ?
  • #56
  • Sep 1, 2015 4:08am Sep 1, 2015 4:08am
Quoting HarryV
Hi 60 Isnt the GU & EU a correlated pair ?
we are looking for a specific price pattern to occur at the high or low of the day, so GU and EU may both go long all day but that pattern may or may not occur - there is an element of randomness or chance involved. Sometimes it will only occur on GU or only EU so with both we just increase our chance of catching the move
tradewith60
  • #57
  • Sep 1, 2015 4:14am Sep 1, 2015 4:14am
Quoting ralfy
Hi 60 and Good morning Nice this thread easy to read and easy to understand. As matter of fact I thought I understood but most probably I must be a little thick.. because I still cannot figure out where You draw or plot lines for the high and low of the day. I thought Starting from Midnight GMT to London open 08.00 the current day meaning today September first. Then I said to myself not that is wrong You have to draw them from the High or Low of the previous day meaning in this case Yesterday 31 August, no matter if it is London or New York H/L...
Hi Ralfy and welcome..

1.ok the 2 blue lines mark the high and low of the asian range - from midnight to 8am - this is the sleep time and you dont trade it.

2. then our basic entry is a new high or a new low during the London- NY sessions - so from 8am - 24.00 - (in other words higher than the top blue line or lower than the bottom blue line)

3. yes it is possible to have 2 pending orders, but very unusual...edit that.. no it is not... if the last bar made a new low and closed up then you would have a pending long, if that bar also made a new high and closed down you would cancel the long pending and set a short pending

4. the finer details are for members only - but there is enough here for people to trade consistently
tradewith60
  • #58
  • Sep 1, 2015 4:37am Sep 1, 2015 4:37am
Quoting 60minuteman
{quote} Hi Ralfy and welcome.. 1.ok the 2 blue lines mark the high and low of the asian range - from midnight to 8am - this is the sleep time and you dont trade it. 2. then our basic entry is a new high or a new low during the London- NY sessions - so from 8am - 24.00 - (in other words higher than the top blue line or lower than the bottom blue line) 3. yes it is possible to have 2 pending orders, but very unusual...edit that.. no it is not... if the last bar made a new low and closed up then you would have a pending long, if that bar also made...
Hi 60 and thanks for replaying, Finer details well if You let me know were to contact You I could be interested in getting these finer details I guess subscribing. Were can I contact You I hope it is not Facebook because honestly I do not like either Facebok or any other social forum
  • #59
  • Sep 1, 2015 4:41am Sep 1, 2015 4:41am
Quoting ralfy
{quote} Hi 60 and thanks for replaying, Finer details well if You let me know were to contact You I could be interested in getting these finer details I guess subscribing. Were can I contact You I hope it is not Facebook because honestly I do not like either Facebok or any other social forum
it's not social media, it's a dedicated website, it doesn't have to be subscription either it can just be a single payment - please follow this thread and I will post the details shortly
tradewith60
  • #60
  • Sep 1, 2015 5:06am Sep 1, 2015 5:06am
OK 60 I am going to the dentist in half an hour so I am sure when I come back I will read them
Thanks again
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