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London close trading system for currencies

  • #141
  • Jul 13, 2016 8:15am Jul 13, 2016 8:15am
- I mean GMT 16:00 close London is every the same summer and winter, only your time change
but we will see on the wintertime is time more then 3 months

@Js3mwtRc: you are on the false ship London close don't trade with strength hehe only with Fibonacci 23.6

@tradability: very old is this this system not, old yes. Very much traders work with this system,
it is nice, work in a shortly time. If more users trade this system is better and better

@Landline: your system is a others, we trade only to 23.6 (buy) or 76.4 (sell) us TP
why? All traders trade this system with this lines us TP not with other lines
  • #142
  • Jul 13, 2016 8:35am Jul 13, 2016 8:35am
Quoting ghostbiker
@Landline: your system is a others, we trade only to 23.6 (buy) or 76.4 (sell) us TP why? All traders trade this system with this lines us TP not with other lines
so sell between 100 and 76.4 Fibo and the distance to 76.4 is minimum 10 Pips or more,tp is 76.4 or 23.6?
  • #143
  • Jul 13, 2016 8:42am Jul 13, 2016 8:42am
Quoting ghostbiker
- I mean GMT 16:00 close London is every the same summer and winter, only your time change but we will see on the wintertime is time more then 3 months @Js3mwtRc: you are on the false ship London close don't trade with strength hehe only with Fibonacci 23.6 @tradability: very old is this this system not, old yes. Very much traders work with this system, it is nice, work in a shortly time. If more users trade this system is better and better @Landline: your system is a others, we trade only to 23.6 (buy) or 76.4 (sell) us TP why? All traders...

​London session closes at 17:00 local time both in summer and in winter. That means it closes at 16:00 GMT in summertime and at 17:00 GMT in wintertime. Are you sure you've been using this system for the last 3 years?
  • #144
  • Edited 10:46am Jul 13, 2016 8:48am | Edited 10:46am
hehe sure, I leave not in GMT time, with my LOC EA I trade with PC time with the GMT time have more traders a problem
look here in the thread hehe, is every year 2 x the same, smoked the brain, forward or backward the clocks hehe

the closed orders from yerterday 16:00 GMT Post # 112 = + 245 Pips round
it is not so bad or ?? for a beginner / newbie ?? it is only luck
  • #145
  • Jul 13, 2016 9:20am Jul 13, 2016 9:20am
Quoting ghostbiker
hehe sure, I leave not in GMT time, with my LOC EA I trade with PC time with the GMT time have more traders a problem look here in the thread hehe, is every year 2 x the same, smoked the brain, forward or backward the clocks hehe the closed orders from yerterday 16:00 GMT Post # 112 = + 210 Pips round it is not so bad or ?? for a beginner ??

​
Yeah not bad for a newbie..wonder what you'll get as a pro
  • #146
  • Jul 13, 2016 10:08am Jul 13, 2016 10:08am
Rant: My Opinions ONLY.
Discover on your own. No one exists, that can put knowledge into you, as they understand it. We only have our OWN perception of what we observe. Try to not use your emotion to filter your observations with.

GB is not selling you anything that costs you anything, except time. If you think you are wasting time, go away. If you do not understand, find out where the real problem is. Nothing can EVER be gained by simply stating something negative. ALL thoughts you have are ONLY your OPINION ! ! ! Don't ever become a fundamentalist! We all have seen where that road leads.

There are many people here from all over the world, which I think is great. It's unfortunate that many of us speak different languages. If you don't understand, keep asking questions. Others on this thread, that you share a common language with, are a great source.

IF YOU HAVE NOT READ THE ENTIRE THREAD, GET YOUR HEAD OUT OF YOUR ASS AND DO THE WORK!

Good luck and good hunting to all.
  • #147
  • Jul 13, 2016 10:14am Jul 13, 2016 10:14am
Hi GB, Like the concept.
Question: what is our time window to open market orders?
I mean, at 16:00 GMT the price can be out of the range to open a trade (min 10 pips from TP or not between 0 and 23.6), but at 16:30 price may be right.
Do we open a trade then?
  • #148
  • Jul 13, 2016 10:21am Jul 13, 2016 10:21am
@Redlaw: NO ! This system is only for GMT 16:00

- if you will later open a marketorder is your choyce, I don't no
  • #149
  • Jul 13, 2016 10:45am Jul 13, 2016 10:45am
Quoting ghostbiker
@Js3mwtRc: you are on the false ship London close don't trade with strength hehe only with Fibonacci 23.6
Any tip of how do you choose the pairs to trade, use another indicator for that? I think currency strength is enough.
Looking for profitable short term trades ...|
  • #150
  • Jul 13, 2016 10:48am Jul 13, 2016 10:48am
for the "London close 23.6 strategy" is basic only the fibonacci Indicator, not the strength meter

or you mean another system I trade ?

now 10 minutes to go to the winners
  • #151
  • Jul 13, 2016 10:51am Jul 13, 2016 10:51am
ghostbiker. any pairs to stay away from today?
  • #152
  • Jul 13, 2016 10:53am Jul 13, 2016 10:53am
Quoting ghostbiker
for the "London close 23.6 strategy" is basic only the fibonacci Indicator, not the strength meter or you mean another system I trade ? now 10 minutes to go to the winners

No, only this good luck Thanks.
Looking for profitable short term trades ...|
  • #153
  • Jul 13, 2016 10:53am Jul 13, 2016 10:53am
Quoting ghostbiker
@Redlaw: NO ! This system is only for GMT 16:00 - if you will later open a marketorder is your choyce, I don't no
Thank you.
I see.
The reason I'm asking is because I am working on an EA for this.


So to open Market Orders we can work on the close of the M15 candle at exact 16:00 GMT. Right?
(working on the close of the candle is also faster in the Strategy Tester!)
  • #154
  • Edited 11:35am Jul 13, 2016 10:54am | Edited 11:35am
I must see I go from A AUD to U USD pairs

hey nice orders today market und limit, let's run in TP

EA EG EU GA GC GF GJ GU UC UF = marketorders + limitorders = all marketorders in win now

yes sent after 3 Charts here
  • #155
  • Jul 13, 2016 11:24am Jul 13, 2016 11:24am
Quoting ghostbiker
I must see I go from A AUD to U USD pairs hey nice orders today market und limit, let's run in TP EA EG EU GA GC GF GJ GU UC UF = marketorders + limitorders = all marketorders in win now
Hi ghostbiker do you mind to send a screen shot of a chart please?
  • #156
  • Jul 13, 2016 11:27am Jul 13, 2016 11:27am
Yikes! Only Gbp pairs for me today. EG, GCad, GChf, & GNzd. All very small single positions.
  • #157
  • Jul 13, 2016 11:35am Jul 13, 2016 11:35am
EA in gmt 16:00 8 pip far from fibo 76,4 so how can u enter that position... Where are the rules? yesterday you didn't enter positions because of brexit but today you are entrering gbp pairs... What is changed in one day. 2 days ago again you entered gbp pairs... Nothing is clear
  • #158
  • Jul 13, 2016 11:41am Jul 13, 2016 11:41am
hereby 3 Charts from today's LOC 23.6

USDCAD
Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_UCAD_13.07.JPG Size: 106 KB


EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_EUSD_13.07.JPG Size: 101 KB


GBPUSD
Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_GUSD_13.07.JPG Size: 114 KB
  • #159
  • Jul 13, 2016 11:50am Jul 13, 2016 11:50am
I see you chose USDCAD today - should we ignore the pairs at the beginning of the thread and just scan all charts for opportunities?
  • #160
  • Jul 13, 2016 12:07pm Jul 13, 2016 12:07pm
used my close all script to get 62.5 pips profit for day! Gonna go play!
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