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London close trading system for currencies

  • #801
  • Jul 21, 2016 4:04pm Jul 21, 2016 4:04pm
GH, Retlaw and others, thanks for your hard work.

GH, can you please clarify the exit rule? Seems you said 1h30 after, just close, but seems yesterday you have let it run for hours and hours.
Also, how Retlaw's EA , handle this, as exit rule seems unclear for now.

Or maybe as you are experienced trader, you don't have a fixed exit rule, you do it depending of market behaviour?

I also ask if we can trade GBP (I have read avoid...). I like , if possible, clear rules. If some are unclear, be it, I will handle it, but the clear proven rules, I take

Thanks much for your help.
  • #802
  • Edited 4:41pm Jul 21, 2016 4:29pm | Edited 4:41pm
It is easy you have in the EA the possibility after X close the pendingorders, and you have die possibility after X close all orders

- every trader can this handle if he want.

- The entry rules for Marketorders and Limitorders are clear, the exit in win or loss must you do self
the market is not every day the same, with the exit you must working flexible

- you must see different ExpertAdvisor or manually London close trading

- the EA run alone and you have to do the settings with the rules and wait what is the end

- manually trading you must sit by the screen and close or not after a time. I close all if be in win net after 60 or 90 minutes
or I sit for the screen and look what the pricing do. I can't sit on your screen and I'm not in your brain

- a little must a trader work with the own brain

- yesterday (manually trading) I was on the right way the GJ is going into the right direction down, I can close the GJ in win
but I have done in this moment others, my problem not yours
  • #803
  • Jul 21, 2016 4:51pm Jul 21, 2016 4:51pm
Quoting magicpips
guys, please whoever is trying these kind of systems, listen ,you are loosing very valuable time, please go and learn how to trade properly not with these kind of systems, you will loose money in a long run.I have done that mistake as well.Go and learn read how to read the charts not with these systems you cant get rich quick. Thanks

I'm confused,

have you Trade with this System on longer Time?

When "Yes" ,
can draw und write in a new Thread,

"WHY" this will losing Traders money ?



Crashbulle
  • #804
  • Jul 21, 2016 6:09pm Jul 21, 2016 6:09pm
@Swingman

Hi sir i just want to confirmed if my chart is correct. i don't know why the fibo zones is too tight today. even in all pairs. i also tried to re attaching the indi but still no changes ... Did you guys got the same chart? This is v3 the v6 is also the same
Attached Image (click to enlarge)
Click to Enlarge Name: chart.PNG Size: 32 KB
  • #805
  • Jul 21, 2016 6:52pm Jul 21, 2016 6:52pm
I have the same problem
  • #806
  • Jul 21, 2016 8:26pm Jul 21, 2016 8:26pm
Quoting CurseOne
@Swingman Hi sir i just want to confirmed if my chart is correct. i don't know why the fibo zones is too tight today. even in all pairs. i also tried to re attaching the indi but still no changes ... Did you guys got the same chart? This is v3 the v6 is also the same {image}
++++++++++++++++++++++++++++++++

When I first loaded this fib, my chart looked similar. Once I changed time frame, and then returned to M15, it was sorted out.
  • #807
  • Jul 21, 2016 9:06pm Jul 21, 2016 9:06pm
for me too the same problem. but after market opens and runs then for the new low and high it has adjusting.... but i scared to ask my doubts again and again... because all will on me... what to do ... silently sitting


Quoting CurseOne
@Swingman Hi sir i just want to confirmed if my chart is correct. i don't know why the fibo zones is too tight today. even in all pairs. i also tried to re attaching the indi but still no changes ... Did you guys got the same chart? This is v3 the v6 is also the same {image}
Success is a Journey Not a Destination....... kind regards ramzam
  • #808
  • Jul 21, 2016 11:52pm Jul 21, 2016 11:52pm
- Hey if startet the new day the high and low of the new day is to small, this is normal and correct
this is every day the same the Indi start every day so and will greater and greater

- wait come the ADR higher to 30 or 50 the Indi come "normally"

- will you start London close 23.6 on the 22:00 GMT ??
  • #809
  • Jul 22, 2016 12:43am Jul 22, 2016 12:43am
i tested this ... and seen one trade ...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB
Success is a Journey Not a Destination....... kind regards ramzam
  • #810
  • Jul 22, 2016 1:11am Jul 22, 2016 1:11am
Hi ghostbiker
Nice strategy.
Could you show your profits since July 1 ?
Many thanks.
  • #811
  • Jul 22, 2016 1:16am Jul 22, 2016 1:16am
@ramzam

Hi ramzam why do you testing with this EA Gold? If i rember me is this strategy to trading forex.
If you use this for other than forex you need other EA's.

guigra
  • #812
  • Jul 22, 2016 1:19am Jul 22, 2016 1:19am
ohh that i don't know .. i thought for all

Quoting guigra
@ramzam Hi ramzam why do you testing with this EA Gold? If i rember me is this strategy to trading forex. If you use this for other than forex you need other EA's. guigra
Success is a Journey Not a Destination....... kind regards ramzam
  • #813
  • Jul 22, 2016 1:54am Jul 22, 2016 1:54am
@Retlaw

Firstly, thank you so very much for all your hard work, you, GB, Swingman and all the testers. I've done some manual trades and had a smile on my face with the results.

I've been looking at your V5 and V6 and I have a question for you. You've explained very clearly a few times about the GMT time aspect of the strategy and you've very cleverly made the programs 'fool proof' in that the user doesn't have to do anything to get the right time. This is fantastic!

My set up : I live in GMT+1, my broker is in London (GMT). When I insert V5 or V6 it tells me that broker offset is 3 hours and hence the EA's don't make any trades.

Is there some setting that I need to make in the EA? Perhaps I am missing something? Is it easiest just to change the trade time to 1300?

Many thanks
  • #814
  • Jul 22, 2016 2:13am Jul 22, 2016 2:13am
my deals from yesterday 21.07.2016, no fx triggered
GMT 16:00+15' brokertime=GMT+3
EA V1.6; default (except: break even "yes"; MO 0.10;LO1/LO2 0.15 for oil+Indis*10)
listed deals completely

EUR 52.00
Attached Image (click to enlarge)
Click to Enlarge Name: Yesterday.JPG Size: 106 KB
  • #815
  • Jul 22, 2016 2:44am Jul 22, 2016 2:44am
@Minamaui: the trade time is 16:00 GMT not 13:00 GMT (yesterday come NOT orders !!!!!!!!!!!!!!!!!!!!!!!!!!)

- READ the thread !!
  • #816
  • Jul 22, 2016 2:54am Jul 22, 2016 2:54am
@ramzan

thanks for your reply.Well i've went back to post 1 at the rules to trading this strategie but there is no reference of other
things as forex.Ghostbiker has written in big blue letters which pairs are used.
Im use backtest only to find out whether my strategie correct opend a order as i wont.But all the other parameters has
tested only forward on a demo account.

guigra
  • #817
  • Jul 22, 2016 3:49am Jul 22, 2016 3:49am
Quoting ghostbiker
@Minamaui: the trade time is 16:00 GMT not 13:00 GMT (yesterday come NOT orders !!!!!!!!!!!!!!!!!!!!!!!!!!) - READ the thread !!
Bet you wish you never opened the thread with so many silly repeated questions. It's very simple and works if you let it. Like it so far - thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: LONDON2.png Size: 71 KB
  • #818
  • Jul 22, 2016 4:05am Jul 22, 2016 4:05am
you are welcome.. already isabella told this and posted one gold chart too when my mt4 hangs out of with version 2 and 3 ... but when you asked doubt already i am in confuse so replied like that ...

any way i am voting number 1 to this thread and this very good with ghostbiker, swingman, retlaw, isabella and many other supporters ....

i like this method of fibo trade very much...

Quoting guigra
@ramzan thanks for your reply.Well i've went back to post 1 at the rules to trading this strategie but there is no reference of other things as forex.Ghostbiker has written in big blue letters which pairs are used. Im use backtest only to find out whether my strategie correct opend a order as i wont.But all the other parameters has tested only forward on a demo account. guigra
Success is a Journey Not a Destination....... kind regards ramzam
  • #819
  • Jul 22, 2016 4:08am Jul 22, 2016 4:08am
Hi today I got 113 pips ( 113 usd) in 5 pairs and start at 09 35 CET
nesta
  • #820
  • Jul 22, 2016 4:36am Jul 22, 2016 4:36am
Quoting crebcreb
Hi today I got 113 pips ( 113 usd) in 5 pairs and start at 09 35 CET

Dude ! It's LONDON CLOSE ! Not open or something like that ....

Unbelievable BS .....
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