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London close trading system for currencies

  • #101
  • Jul 12, 2016 12:33pm Jul 12, 2016 12:33pm
So close Now all Trades in loss?
  • #102
  • Jul 12, 2016 12:38pm Jul 12, 2016 12:38pm
today I let run the open orders and look for a better price line tomorrow

(I've had a good trading day with good wins)
  • #103
  • Jul 12, 2016 12:44pm Jul 12, 2016 12:44pm
Quoting ghostbiker
today I let run the open orders and look for a better price line tomorrow (I've had a good trading day with good wins)
Do you have open trade on AUD/USD ? During whole London session it was in side trend...
  • #104
  • Jul 12, 2016 12:54pm Jul 12, 2016 12:54pm
No I trade with Auto 28 pairs with 3 Indicators from after 15 minutes London open up to 45 minutes bevor London close
and have a daily profit and today had with high daily profit closed, yesterday and today was good
  • #105
  • Jul 12, 2016 1:42pm Jul 12, 2016 1:42pm
Quoting ghostbiker
today I let run the open orders and look for a better price line tomorrow (I've had a good trading day with good wins)
​So you didn't open any trade today?
  • #106
  • Jul 12, 2016 1:50pm Jul 12, 2016 1:50pm
Quoting ghostbiker
No I trade with Auto 28 pairs with 3 Indicators from after 15 minutes London open up to 45 minutes bevor London close and have a daily profit and today had with high daily profit closed, yesterday and today was good
i think this is a different system, right?

I have 12 trades open but they are all at a loss so far, but they are still open. Paris
  • #107
  • Jul 12, 2016 2:02pm Jul 12, 2016 2:02pm
there is divergence on the pairs in trade. so they should start coming into our favor.
  • #108
  • Jul 12, 2016 2:56pm Jul 12, 2016 2:56pm
many loosing trades lately
  • #109
  • Jul 12, 2016 3:19pm Jul 12, 2016 3:19pm
I have no losses so far. So far one win and the rest is still open with relating small loss. Today was a very unusual day, because trends unusual long holding. But no problem, this happens ones in few weeks...
  • #110
  • Edited 3:44pm Jul 12, 2016 3:29pm | Edited 3:44pm
Hey here is a tipical Chart from today

it is a USDCAD BuyLimit Order and go in TP 23.6

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_UCAD_buylimit_12.07.JPG Size: 108 KB


it is a EURJPY MarketOrder and go in win

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_EURJPY_sell_12.07.JPG Size: 116 KB
  • #111
  • Jul 12, 2016 3:35pm Jul 12, 2016 3:35pm
Quoting ghostbiker
Hey here is a tipical Chart from today it is a USDCAD BuyLimit Order and go in TP 23.6 {image}
That is the 16:15 candle and what about the other charts
  • #112
  • Edited Jul 13, 2016 10:45am Jul 12, 2016 3:46pm | Edited Jul 13, 2016 10:45am
Today's closed orders London close 23.6 16:00 GMT

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Londonclose_12.07.JPG Size: 175 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_LOC_close_3_12.07.JPG Size: 85 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_LOC_close_4_12.07.JPG Size: 35 KB


total + 245 Pips round for the Orders from 12.07.
  • #113
  • Jul 12, 2016 3:58pm Jul 12, 2016 3:58pm
I can't sent 20 Charts, it is every the same, is a example for understand the system,
you can self trade all Charts, it is better for learning or will you only looking and talking ?

you must read this is a LimitOrder or ? I start 16:00 GMT and how long you trade for 30 Market and LimitOrders manually ?
  • #114
  • Jul 12, 2016 3:59pm Jul 12, 2016 3:59pm
Quoting ghostbiker
Today's closed orders London close 23.6 16:00 GMT {image}
++++++++++++++++++++++++++++++++


Thanks for the trade list.

Looking at AudUsd trades (2), with 2 entries, one entry @ open of 1800 candle, and the other entry at 100%, it certainly looks, as if, you had limit order waiting @ 100% level. If this is not correct, please let me know why you had 2nd order on AudUsd. Just trying to grasp as much as possible.
Thanks,
Darryl
  • #115
  • Jul 12, 2016 4:03pm Jul 12, 2016 4:03pm
- one is the marketorder and one is the limitorder (come active)

- I make every day 2 Orders like Post # 1 if the rules are fullfill

closed again now: 2 x EURAUD buy and buy limit and 1 x EURCAD buy all 3 with win
  • #116
  • Jul 12, 2016 4:08pm Jul 12, 2016 4:08pm
Quote From Post 84.
"If I understand this correctly, should price go back to 100 or 0 lines (within 1:15), you then add to open positions?"
++++++++++++++++++++++++++++++++


Apparently I did not make my statement/question with clarity. Thanks for Post #115 explanation.
  • #117
  • Jul 12, 2016 4:12pm Jul 12, 2016 4:12pm
Quoting ghostbiker
Today's closed orders London close 23.6 16:00 GMT {image}
GB why was trade gbp/aud , gbp/chf , gbp/cad and eur/gbp not taken ?
  • #118
  • Jul 12, 2016 4:15pm Jul 12, 2016 4:15pm
easy: GBP difficult in this time to trade after BREXIT

and EURGBP and GBPCHF and GBPCAD are not my pairs in general trading

@Diamonddbw: the limitorders I make every day on the 100 or 0 Line, the price line must only between
100 and 76.4 or 0 and 23.6 please read Post # 1
  • #119
  • Jul 12, 2016 4:24pm Jul 12, 2016 4:24pm
Quoting jgoedhals
{quote} GB why was trade gbp/aud , gbp/chf , gbp/cad and eur/gbp not taken ?
++++++++++++++++++++++++++++++++

I also avoided Gbp trades, due to the overall strength of the Gbp today. I see GB did take GbpJpy trades.

While learning this method, I'm exercising extreme micro management.

I was only in 5 trades today. I netted approximately 10 pips. I did not use any limit orders, and I also had to leave while trades were still quite negative. What I did was to simply change all take profit levels to +5, except for UsdCad, which I set to +10. When I returned, about 3 hours later. 4 of my open trades hit target, and I ended up closing EurAud @ -14.

Had I of used Limit Orders I would have done considerably better.

About 5yrs ago I took an extensive course in London Close trading. It was quite comprehensive, and also extremely tedious. And required you to baby sit charts for up to 5 hours. I finally gave up on way of trading. The method here, as explained by GB, is Infinitely easier. I commend him that.
  • #120
  • Jul 12, 2016 4:25pm Jul 12, 2016 4:25pm
Quoting ghostbiker
easy: GBP difficult in this time to trade after BREXIT and EURGBP and GBPCHF and GBPCAD are not my pairs in general trading @Diamonddbw: the limitorders I make every day on the 100 or 0 Line, the price line must only between 100 and 76.4 or 0 and 23.6 please read Post # 1
++++++++++++++++++++++++++++++++

I totally understand now.
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