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London close trading system for currencies

  • #1,381
  • Edited 9:19am Aug 17, 2016 8:33am | Edited 9:19am
WEBINAR: today I don't make a webinar
  • #1,382
  • Aug 17, 2016 10:12am Aug 17, 2016 10:12am
Tanks much ... other than last session the system works very good... patience is the key
  • #1,383
  • Aug 17, 2016 10:39am Aug 17, 2016 10:39am
Quoting ghostbiker
- for this System "London close 23.6" is only M15 the best - for other manually Systems Renko Boxes M2 offline chart and for other trending Systems most M15 or H1 easy UNDERSTAD the London close 23.6 System: - exactly 16:00 GMT the price line is between 0 - 23.6 or 100 and 76.4 near by 0 or 100 (Fibonacci Line) are the pricelines on a other place don't trade this pair - distance sell to 76.4 or buy to 23.6 must have minimum 10 Pips - if yes make a MarketOrder TP is 23.6 for buyorder or 76.4 for sellorder - SL is for sellorders 123.6 for buyorders...
Hi, ghostbiker,,Greeting..
i also really enjoy reading in here, Thank for this thread. i also use Fibo, just standar Fibo Daily and weekly..
this thread make me interest.
Regard, Ding Dong
  • #1,384
  • Edited 4:25pm Aug 17, 2016 11:28am | Edited 4:25pm
Hi DingDong nice to see you here

I've test your Dashboards, but very complicated and difficult, to much Indicators and a black box for me

I trade too with a Basket EA Trader, but only with strenght base for easy trading

here the closed LOC 23.6 Orders from today with ExpertAdvisor: (closed manually, one TP)
all Orders closed now

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_LOC_17.08.JPG Size: 158 KB


today + 104 $

yesterday - 170 $ (a bad day)
  • #1,385
  • Aug 17, 2016 1:40pm Aug 17, 2016 1:40pm
bruscgh you are also trading this on london open?

Quoting brusch
Basket closed in profit after London open. My target was 0,40% of balance. Patience is key and often the LO pays for the losing MO {image}
  • #1,386
  • Aug 17, 2016 2:06pm Aug 17, 2016 2:06pm
N
Quoting blamshakk
bruscgh you are also trading this on london open? {quote}
No

I was just stating that I closed the basket the day after at the moment of London open ( a bit after in fact).

It takes very often that long to have the profit coming ...
  • #1,387
  • Aug 17, 2016 2:38pm Aug 17, 2016 2:38pm
I'm curious ... did someone let the ea run this LC session ?
  • #1,388
  • Aug 17, 2016 3:13pm Aug 17, 2016 3:13pm
I tried Retlaw's EA 1.8 today and yesterday.
6 win and 2 loss. +76 Euro.

Yesterday
5 loss and 3 win. -202 Euro.
  • #1,389
  • Aug 17, 2016 6:23pm Aug 17, 2016 6:23pm
up $135 for the week so far. monday win, tuesday loss and today wednesday win. everything is great!
with retlaw's ea, hands off passive easy money!
  • #1,390
  • Aug 18, 2016 12:12am Aug 18, 2016 12:12am
I just love this system, I use it to enter trades, but I don't use the stop loss anymore. If the trades are in red, I average down whenever I think the price could reverse. Sometimes I need to keep trades open for a few days, but in this end the system is very profitable.

Attached is a screenshot of my myfxbook account, it's just a demo account for now, this is actually my first forex account ever, so I want to wait a bit more until I really feel comfortable.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 79 KB
  • #1,391
  • Aug 18, 2016 12:42am Aug 18, 2016 12:42am
Quoting ghostbiker
Hi DingDong nice to see you here I've test your Dashboards, but very complicated and difficult, to much Indicators and a black box for me I trade too with a Basket EA Trader, but only with strenght base for easy trading here the closed LOC 23.6 Orders from today with ExpertAdvisor: (closed manually, one TP) all Orders closed now {image} today + 104 $ yesterday - 170 $ (a bad day)
Hi, ghostbiker...Thank for welcome..
i study you'r scenario, that make interest with time London Volume for base... fibo make interest, because have several level before price move, Lol...
About Dash, on there have much user want to built scenario, the dashboard make for general several user want.
the difficult or make confuse maybe with much input because have attractive input on there...ahha..Lol.
Yes, basket with gain loss pair, or strong weak currency...this make more simple and more easy.
Regard, Ding Dong
  • #1,392
  • Aug 18, 2016 2:43am Aug 18, 2016 2:43am
Quoting brusch
I'm curious ... did someone let the ea run this LC session ?
Yes I did
  • #1,393
  • Aug 18, 2016 2:56am Aug 18, 2016 2:56am
Thanks for the replies. So, well, this FOMC was not a risk for the strategy this time.
Miss some then! I stopped yesterday because I remember it was tough on previous FOMC.
  • #1,394
  • Edited 12:28pm Aug 18, 2016 11:11am | Edited 12:28pm
with the EA today only LimitOrders1 - not one MarketOrder is coming

- only one LimitOrder is come active and closed with TP
  • #1,395
  • Aug 19, 2016 12:26pm Aug 19, 2016 12:26pm
Friday 19.08. with Retlaw's ExpertAdvisor 1.8

- 1 x MarketOrder GBPAUD buy closed with TP

- 1 x MarketOrder GBPUSD buy closed with TP

- USDCHF sell MarketOrder active now
  • #1,396
  • Aug 19, 2016 1:33pm Aug 19, 2016 1:33pm
I has 3 winning days and 2 losers. $152.88 profit for week completely hands free set and forget with retlaw's 1.8 ea.
not bad for August which is about the worst month of the year for day trading. Paris
  • #1,397
  • Aug 19, 2016 1:43pm Aug 19, 2016 1:43pm
Quoting ghostbiker
Friday 19.08. with Retlaw's ExpertAdvisor 1.8 - 1 x MarketOrder GBPAUD buy closed with TP - 1 x MarketOrder GBPUSD buy closed with TP - USDCHF sell MarketOrder active now
Hi Ghost,
For the GBPUSD what was your buy entry price?
Just curious in my case the price was not in the trade zone so I got no trade. Which I is ok, just means that the broker I have has a different open time that affects the candle price positions

This is what happened in my case at the LondonClose hour
GBPUSD Candle at LondonClose:
Open: 1.30591
Low: 1.3049
LondonClose Trade zone for a buy price had to go below: 1.3048

Thnx and awesome job on your other thread too
Our AWESOME IMAGINATION is the true holy grail!
  • #1,398
  • Aug 19, 2016 4:08pm Aug 19, 2016 4:08pm
@xmess7: GU entry price is 1.30465 - 16:17 GMT (I have set the Retlaw's EA to start 16:15 GMT for a test)

@ParisHilton: nice wins gratulation
  • #1,399
  • Aug 19, 2016 4:13pm Aug 19, 2016 4:13pm
i didn't have gbp/usd trade today either. i had only 2 trades fron the ea. usd/cad and eur/cad both winners.
  • #1,400
  • Aug 19, 2016 4:32pm Aug 19, 2016 4:32pm
@ParisHilton: on a other account I have EC and UC sell like you both in TP (start 16:00 GMT)
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