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- Jpr replied Jul 6, 2012
Strada, Awesome collating! Looks as if the 7am no bias is the one to watch at the mo. That's the only win I had this week (Monday at Frankfurt open). Thanks for doing this.
2 Minutes 2 Trades
- Jpr replied Jul 6, 2012
Yeah I do use that as well, it's a good help. Thanks for contributing.
2 Minutes 2 Trades
- Jpr replied Jul 6, 2012
Yeah you get losing runs. It's hard to stick to the method when you do have drawdowns but unfortunately those losses are just part of trading! JPR
2 Minutes 2 Trades
- Jpr replied Jul 6, 2012
First red line - 1st trade no bias - loss second red line - 2nd signal no bias - winner third red line - Paulus original method - loss image
2 Minutes 2 Trades
- Jpr replied Jul 6, 2012
Ok thanks for input. Do you use any other systems on the M1 through the trading day?
2 Minutes 2 Trades
- Jpr replied Jul 6, 2012
Bias this morning from hour before to Frankfurt open is up. Using the daily pivot bias its down. Be interesting to see results this morning from both entries.
2 Minutes 2 Trades
- Jpr replied Jul 6, 2012
Morning Strada, I use a script on MT4 called EASY ORDER. I enter on the close of the signal candle (or in the last 5 secs or so) and it automatically places my stop loss where I have positioned a line on the chart (just above last swing high or ...
2 Minutes 2 Trades
- Jpr replied Jul 5, 2012
Todays results — Below is a chart of todays entries - red vertical lines show entry candle, arrow shows direction, three orange horizontal lines show SL Entry and TP. 1st trade - 1st Frankfurt signal no bias - Loss 2nd trade - 1st Frankfurt ...
2 Minutes 2 Trades
- Jpr replied Jul 5, 2012
The stock doesn't have to be above 20 and below 50, it just has to be below 50. If its still below 20 then it's still a valid signal.
1minute 1 trade
- Jpr replied Jul 5, 2012
There was a short signal just now (first Frankfurt pivot bias trade). Will have to post charts later now.
2 Minutes 2 Trades
- Jpr replied Jul 5, 2012
First signal this morning: Long Entry @ 1.25272 SL @ 1.25233 TP @ 1.25389 Chart image
2 Minutes 2 Trades
- Jpr replied Jul 5, 2012
Pivot for me this morning is at 1.25442. The first signal at 7:02 wasn't a valid signal because stoch below 50. Waiting for next valid setup.
2 Minutes 2 Trades
- Jpr replied Jul 4, 2012
Results from today using the daily pivot bias would have been: Frankfurt - Loss (Short trade) London - Loss (Short trade)
2 Minutes 2 Trades
- Jpr replied Jul 4, 2012
That is a really good point and it's something I have thought of before. Once a good sample of results have been collected (i'm thinking 50) then I may start to incorporate this into the strategy - e.g wait for 4 losers in a row then trade (maybe ...
2 Minutes 2 Trades
- Jpr replied Jul 4, 2012
Cheers Strada, The main thing I have also been looking at is if the Frankfurt Trade is a win then stopping, but I'm going to get a decent batch of results before making any decisions. Early days.
2 Minutes 2 Trades
- Jpr replied Jul 4, 2012
Yep good to demo until you have confidence in the results for yourself. If you want to check out another good method I use (and I think Paulus still does) its the Dredding freebie newbie system which can be found also in the journals section (?). ...
2 Minutes 2 Trades
- Jpr replied Jul 4, 2012
Ok London just opened and the Frankfurt trade is still open so I am going to take the first signal LONG and ignore shorts.
2 Minutes 2 Trades