- #18,101
- Edited Jun 9, 2016 1:32am Jun 8, 2016 11:55pm | Edited Jun 9, 2016 1:32am
- Joined Nov 2009 | Status: Trader | 2,582 Posts
- #18,116
- Jun 9, 2016 6:52am Jun 9, 2016 6:52am
- Joined Jan 2014 | Status: Less is more ... | 9,059 Posts
Fix up, trade sharp ...
- #18,117
- Jun 9, 2016 8:55am Jun 9, 2016 8:55am
{quote} You had a good plan, I like it! Especially playing the structure, it is a fundamental pattern. The hardest is timing, but it can be done!
- #18,120
- Edited 2:29pm Jun 9, 2016 2:00pm | Edited 2:29pm
- Joined Nov 2007 | Status: CHART HACKER | 2,454 Posts
one moment....good time to chat here....
oh, dude....I had no idea about the great messages I just read....happy to inform....It's easy now for this trade due to some change in the Japan model....like they're giving their retail traders income since the oh dam moment.....neg rates...every body say....
OH TAM...not negative rates...really....in the world today.... ( who would believe that )
the 7:42 Tokyo Alarm trade starts at 6:42 coz us Texicans are complicated men...hard to understand...cept for his woman....oh,sorry...I went back In time there...
just looking on the one minute chart for a reversal chance.....put a 6 pip stop....or we might as well tell the truth ...a 2 pip stop on one trade and a 4 pip stop on number two...and an 8.....originally this mutha had a 1 pip line in the sand that worked half the time...with a small stop, put a huge part of the margin on it...
the days it does poorly, the trade sees a reverse at 7 pm NY time....then again at 7:30 pm.....as if going in the same direction
top performers are 6:42/ 53 and 7:42/ 53....gets easy as ya get time in the seat.....
11 pips profit then 11 pips back to within 1 pip of start...then 24 to 49 pips back the first direction. then reverse the crud out of it....looking for 70 pips or 120...reverse....
I have more details but that's the jist....most profitable is the reverse after 24 pips...
oh that 11 pips....sometimes in 15 minutes....sometimes 40....
I should add.....volatility makes the PA go strongly right through that start point, instead of reversing....11pips....then 39 to 49 pips, smashing through the start
{quote} Hello Gbp/jpy, Where can one read about such rules for the 6:42/7:42 set up? I have only found bits and pieces. I am on EST/NY time. I do believe that you are speaking of this time zone. I also left you a PM, Did you get it? ILvFx
OH TAM...not negative rates...really....in the world today.... ( who would believe that )
the 7:42 Tokyo Alarm trade starts at 6:42 coz us Texicans are complicated men...hard to understand...cept for his woman....oh,sorry...I went back In time there...
just looking on the one minute chart for a reversal chance.....put a 6 pip stop....or we might as well tell the truth ...a 2 pip stop on one trade and a 4 pip stop on number two...and an 8.....originally this mutha had a 1 pip line in the sand that worked half the time...with a small stop, put a huge part of the margin on it...
the days it does poorly, the trade sees a reverse at 7 pm NY time....then again at 7:30 pm.....as if going in the same direction
top performers are 6:42/ 53 and 7:42/ 53....gets easy as ya get time in the seat.....
11 pips profit then 11 pips back to within 1 pip of start...then 24 to 49 pips back the first direction. then reverse the crud out of it....looking for 70 pips or 120...reverse....
I have more details but that's the jist....most profitable is the reverse after 24 pips...
oh that 11 pips....sometimes in 15 minutes....sometimes 40....
I should add.....volatility makes the PA go strongly right through that start point, instead of reversing....11pips....then 39 to 49 pips, smashing through the start