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- lilydat replied Sep 18, 2008
This morning, I am looking for a 5 pip scalp off the 8-8:30 candle. The only news is the Philly Fed at 10:00. I don't see that as a worthwhile news item to play with an 8-10:30 box. ...Correction... I will be playing the 8-9 box. I missed ...
US News Scale-Out Strategy
- lilydat replied Sep 17, 2008
Well, we had another stop out, but we booked a few more pips this week. I took profit at 5, 10, 15, and 20. Then I closed the 5th lot at the close of the 10:30-11:00 candle for an additional 34 pips... set my remaining to breakeven and the price ...
US News Scale-Out Strategy
- lilydat replied Sep 17, 2008
9/24 Ok... This morning we are only using a box of 8-9:00 due to the only major news being at 8:30. It looks like it could break short, but nothing has been triggered yet.
US News Scale-Out Strategy
- lilydat replied Sep 16, 2008
Well... another skimpy day. We took profit at 5 and 10. The bar closed at 10:30 at 1.7790, so with spread we closed another three lots at +5. Then our breakeven lots were stopped out. +30 ...Not much volatility again. Not to worry though... this is ...
US News Scale-Out Strategy
- lilydat replied Sep 16, 2008
9/16 - Today we took a box from 8-9:30 est since there was TIC Transactions at 9:00... keeping in mind we want the currency pair to pick a direction 30 minutes after the last news of the morning. We have action as it has broken the box, and we have ...
US News Scale-Out Strategy
- lilydat replied Sep 15, 2008
Alright... It's 11:01. The last bar closed at +2 in the profit, so I am closing out 3 more lots, and setting the other five to breakeven. These will surely be stopped out. Oh well. The discretionary part of me wants to let this trade run, as it ...
US News Scale-Out Strategy
- lilydat replied Sep 15, 2008
Alright, so far we have had a breakout long and collected pips at 5 and 10 pips away. Then we reentered the box. At this point we have 8 lots open. If at the end of the 11:00 box we are above our entry point of 1.7926, I will close three lots, and ...
US News Scale-Out Strategy
- lilydat replied Sep 15, 2008
Ok... This morning we will do an 8-10 box because of the two news events at 9:15. Personally, I don't think the volume will be there, but personally the market the doesn't care what I think. We'll see how this goes in forward-testing.
US News Scale-Out Strategy
- lilydat replied Sep 14, 2008
The name of the game is lot size. You are proving a valid point here. I'm paying attention to your efforts. Thanks.
Super Carry Trade Trading System
- US News Scale-Out StrategyStarted Sep 13, 2008|Trading Systems|13 replies
Here’s an idea I had toyed with back in the day, trading the GBP/USD. I brought it back out of my ...
- lilydat replied Jul 22, 2008
Hey fxstu... What charting package do you use? I have been placing my trades on FXDD candle close (5 pm est). If the system turns out to be gold, then it really shouldn't matter, but I was just curious, as I see our trade entries aren't matching up. ...
Swef System
- lilydat replied Jun 26, 2008
Thanks Bill... I will update everyone of my findings, and try to test it in a all market conditions. I will be manually backtesting, so give me some time.
Daily GBP/JPY Breakout System
- lilydat replied Jun 26, 2008
Out of curiosity, has anyone tested this with a 4 hour breakout, instead of two four hour candles? I have a bunch of thoughts. 1. Maybe the breakout is too wide for a daily ATR. Although lately, the range has been reduced. That said, if the range ...
Daily GBP/JPY Breakout System
- lilydat replied Jun 17, 2008
Same here. I trade MB and traded live. I didn't get stopped out either.
Daily GBP/JPY Breakout System
- lilydat replied Apr 2, 2008
Hey Isydeb, I really like option #1 of your advanced system. I, fortunately, have the option to trade at work (8-5 EST). That said, I may give it a go, opening the orders up before the US session. I really liked your system, but have never been ...
The grid hedge - the core version
- lilydat replied Apr 1, 2008
Good point... I have noticed the same thing. 7:55 would be better. I am on EST as well (Philadelphia). I understand the pains of waking up at night... I was just curious if you had tested it. Thanks for the reply!
The grid hedge - the core version
- lilydat replied Apr 1, 2008
Just a thought. Since the main pair is the EUR/USD, have you considered placing the orders right before 7:00 am GMT? My reasoning is as follows: On most occasions during the Asian session, the European pairs seem to oscillate. This gives more of a ...
The grid hedge - the core version
- lilydat replied Mar 31, 2008
Thanks Eagle... That's Italian, I'm assuming?
Breakout + Spread!! Sure!!!
- lilydat replied Mar 31, 2008
Hey Eagle, Where have you found is the best spot to place your stop loss? I've been using this type of trading for over a year, and I can never figure out a good stop. It's the middle of the night for me, so I usually place the trade, then wake up ...
Breakout + Spread!! Sure!!!
- lilydat replied Feb 9, 2008
Thanks to everyone who had something to contribute. A few points I would like to reiiterate: I was simply starting a discussion with the hopes of getting some good minds and ideas in here. To Forexmoments - Gee... Thanks for your wisdom, but I must ...
A Dream Scheme... (Don't waste your time)