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London close trading system for currencies

  • #1,121
  • Jul 28, 2016 3:50am Jul 28, 2016 3:50am
Quoting guigra
@since80808, Hi, the trade nzdusd isn't rule conform.If you take a look at the rules so is the price not in the buy or sell zone. guigra
WOW!!!!! Then... Why did EA traded it?
Just an opinion. Based on research
  • #1,122
  • Jul 28, 2016 4:08am Jul 28, 2016 4:08am
@since80808

I don't now why this happend.Maybe can Retlaw explain what went wrong.

guigra
  • #1,123
  • Jul 28, 2016 5:44am Jul 28, 2016 5:44am
Hi folks. Here is my update to yesterday trades. I am using v1.6.

It took over 15 hours but the result was overall profit.
I allowed all trades to continue on their own. I only intervened with the last trade EURAUD (almost hit TP but ended up with small gain after I manually closed it).

However, the profit came cause one of the GBPAUD limit orders that did not expire as per rules was filled and hit Take Profit.

First image is the trade activity.
Notice that the comment for the GBPAUD limit orders is the same. I see two L01s in the comments of that pair.

Second image is the limit order that did not close on time. The Expiry was set to one hour beyond where the rules indicate.
In my case it was supposed to be set to 20:15 but the image shows that it was set to 21:15.

Third image are comments on GBPAUD Chart.
Suggestion: Pairs like this one should have wider STOPLOSS or lower Risk requirements. As the image shows if the STOPLOSS was farther away
Both the initial and limit order would of hit TP.

Considering what transpired from the FOMC, more than likely will consider NOT trading next time there is an important announcement.

Ok, see you on the next opportunity.

Jess
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2016-07-28 02.59.51.png Size: 46 KB
Click to Enlarge Name: Screenshot 2016-07-27 10.33.01.png Size: 29 KB
Click to Enlarge Name: Screenshot 2016-07-28 03.05.55.png Size: 35 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #1,124
  • Jul 28, 2016 5:53am Jul 28, 2016 5:53am
Quoting since80808
Hi ghostbiker! I'm looking after your system with a big interest, thank you for it! I used Walt_LCTS_v1.6 (recommended settings and my local time correction) for 3 days, it took only 3 trades and today is the first SL. Could you please look what was wrong with this deal? {image} Also I see you talk about many more trades per day then EA takes. Is it normal? Thank you!
since80808:
Hi. Could u please click on the nzdusd trade on the history tab and drag it to the chart. That will show exactly where the trade took place on the chart.
Thanks

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #1,125
  • Jul 28, 2016 6:47am Jul 28, 2016 6:47am
results from yesterday London close..
my SL was lower/upper FIB, its average 30-50pips from entry.
also i have some new pairs which may or may not work with this shipment.
Attached Image (click to enlarge)
Click to Enlarge Name: gbike.png Size: 122 KB
  • #1,126
  • Jul 28, 2016 7:26am Jul 28, 2016 7:26am
hukam was that manual or autotrade?

Quoting hukam
results from yesterday London close.. my SL was lower/upper FIB, its average 30-50pips from entry. also i have some new pairs which may or may not work with this shipment. {image}
  • #1,127
  • Jul 28, 2016 7:40am Jul 28, 2016 7:40am
London close 23.6

- here the results from this week 25.07. - 27.07. manually trading in the Webinar

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_LOC_manually_27.07_2.JPG Size: 134 KB
  • #1,128
  • Edited 8:29am Jul 28, 2016 7:58am | Edited 8:29am
Hey "Der Berliner" ich gruesse dich ganz besonders, eine grosse Ehre, dass du hier zum abgucken kommst,
tote Hose in DE ? Nix los in der Hos ? Gruesse mir besonders die "Zurueckgebliebenen" und betreue und
tröste die jetzt ganz besonders
  • #1,129
  • Jul 28, 2016 8:16am Jul 28, 2016 8:16am
​How do I get access to attend the webinars, or it is too late to do that . I really like this strategy, and would like to see how you trade manually as well.

Thanks
  • #1,130
  • Jul 28, 2016 8:27am Jul 28, 2016 8:27am
Webinar: today the last possibility to come to the webinar again: from 15:30 GMT

Only traders she have the link and the password welcome
  • #1,131
  • Jul 28, 2016 9:34am Jul 28, 2016 9:34am
can i join the webinar too?
  • #1,132
  • Jul 28, 2016 10:26am Jul 28, 2016 10:26am
Quoting blamshakk
hukam was that manual or autotrade? {quote}
all manually for testing purpose
  • #1,133
  • Jul 28, 2016 10:47am Jul 28, 2016 10:47am
Quoting ghostbiker
- the strength can us not helping for this system, you can only one pair with the strength trade - this system is not to trade in trend direction, is only a retracement system - the retracement can come immediately after the order is done or later - every trader can trade like he will, not one must trade this system - I have made yesterday + 1.8% with this system, this week up to now + 6.9% {image}

Hi ghostbiker
Thank you for your afford and the system you show us
on your chart I see DB_Londonclose EA is that available for download somewhere?
all the best
cheers
Alex
Stay GREEN my friends........
  • #1,134
  • Jul 28, 2016 11:04am Jul 28, 2016 11:04am
Folks:
EA v1.6 has opened up the following trades. I checked all limit orders have an expiration of 20:15 (1715 GMT).
Lets see what happens
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2016-07-28 09.00.15.png Size: 20 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #1,135
  • Jul 28, 2016 11:18am Jul 28, 2016 11:18am
Here is what i have, tempted to close & run even though demo money
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB
Click to Enlarge Name: Screenshot2.png Size: 35 KB
  • #1,136
  • Jul 28, 2016 11:32am Jul 28, 2016 11:32am
now only must have patience

manually 4 open now AF EA EF GF
  • #1,137
  • Jul 28, 2016 11:55am Jul 28, 2016 11:55am
Quoting DoomTrader
Here is what i have, tempted to close & run even though demo money {image} {image}
Hi DoomTrader:

I compared your entries with what I have and your price levels are better than mine. Are you trading manually??
Plus see attached image of EURGBP. The EA did not place a Market Order cause price at 1600 was less than 10 pips from the TP line.

Question for GB:
Since price for EURGP was still within the Zone should the EA place Limit Orders? Or do we just ignore it since price at 1600 was not within the 10 pip require even thought it was in the zone??
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2016-07-28 09.47.26.png Size: 43 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #1,138
  • Jul 28, 2016 12:05pm Jul 28, 2016 12:05pm
Quoting xmess7
{quote} Hi DoomTrader: I compared your entries with what I have and your price levels are better than mine. Are you trading manually?? Plus see attached image of EURGBP. The EA did not place a Market Order cause price at 1600 was less than 10 pips from the TP line. Question for GB: Since price for EURGP was still within the Zone should the EA place Limit Orders? Or do we just ignore it since price at 1600 was not within the 10 pip require even thought it was in the zone?? {image}
Hi Xmess7, i am trading with EA on cAlgo platform, using GB's rules from page 1 ,

With regards to price levels it all depends on broker, tick data & price feed etc ..... this is ECN price feed i.e low spread + fixed commission.

Also i was a 2 mins late in turning it on
  • #1,139
  • Jul 28, 2016 12:14pm Jul 28, 2016 12:14pm
Quoting DoomTrader
{quote} Hi Xmess7, i am trading with EA on cAlgo platform, using GB's rules from page 1 , With regards to price levels it all depends on broker, tick data & price feed etc ..... this is ECN price feed i.e low spread + fixed commission. Also i was a 2 mins late in turning it on

DoomTrader:
Hey . I wasn't questioning the price feed at all. I too am using an ECN low spread and fixed commission. I just thought that you may of been trading manually and due to delay in setting things up that you got better prices.

BUT:
Quoting DoomTrader
... Also i was a 2 mins late in turning it on
That answers the that question LOL. However, U still got that extra EURGBP trade, which I didn't cause on my chart price was not 10 pips away from TP.

I also noticed that just now that the EA MOVED the 1600 line... I don't see why that would be required other than to catch any trades that were in the zone and had not reached greater than 10 pips from TP.

Anyhow, thnx for your answer
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #1,140
  • Jul 28, 2016 12:20pm Jul 28, 2016 12:20pm
the EA work well, is the priceline naer by 23.6 or 76.4 come no LimitOrders

- 4 orders come active now, this is OK, one day more one day less

Hi "pals1000" viele Grüße an die "Zurückgebliebenen" tote Hose im DE was ?
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