- Search Metals Mine
- dvarrin replied Jul 27, 2012
Thanks coastie! :-) I wish one of the two running trades could give us a third winner.
The HDR Breakout
- dvarrin replied Jul 27, 2012
Here you can see the difference between a trade like on EURGBP and the trade on GBPNZD. The breakout on GBPNZD is going nowhere after more than 2 hours. In such a case it might me better to close the trade if there is a possibility to close it at ...
The HDR Breakout
- dvarrin replied Jul 27, 2012
From now on we don't enter a new trade anymore, except if GBPNZD reverses and gives a buy signal, as I suspect the move from now to be a spring.
The HDR Breakout
- dvarrin replied Jul 27, 2012
I've missed London Open. Well on GBPNZD there was a sell signal right at London open and there is a better entry now. I would set the SL on the opposite side of the dark gray channel and set the PT to have a 1:1 risk/reward ratio. Today I'll keep an ...
The HDR Breakout
- dvarrin replied Jul 26, 2012
And all what you have written has magically disappeared now.
The HDR Breakout
- dvarrin replied Jul 26, 2012
Tomorrow I'll try to show the opportunities as I did today and yesterday, but I won't trade personally, because on Friday the price moves are often very special and I want to test the system a bit more to see how it behaves on Fridays. I would also ...
The HDR Breakout
- dvarrin replied Jul 26, 2012
AUDNZD trade closed in profit. If you had traded CHFJPY and EURJPY on both sides, EURGBP, GBPUSD, GBPJPY and USDCHF, the result for today would have been: 3 losers, 5 winners and one trade still running. They were all in our currency pairs' set from ...
The HDR Breakout
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Need help to code indicator to identify springs/upthrusts in forex
Started Jul 26, 2012|Platform Tech|0 repliesHi, I'm working on a trading system which could identify springs and upthrusts when they ...
- dvarrin replied Jul 26, 2012
You can see an example of what I mean right now on AUDNZD and USDCHF. If you remove the height of a light gray band to the profit target measurement we would already have closed both trades in profit. And same thing happend yesterday on EURUSD. It ...
The HDR Breakout
- dvarrin replied Jul 26, 2012
You're all very welcome if you can find new ideas about this system. For example I'm thinking about the way to choose the SL and profit target. If you put the HDChannel indicator on a chart, you will see a dark gray channel surrounded by two light ...
The HDR Breakout
- dvarrin replied Jul 26, 2012
Too bad I didn't see it when it happened, but on CHFJPY and EURJPY when our SL was triggered there was also a entry signal on the other side. So at least we could have ended at breakeven instead of with a loss on those two pairs.
The HDR Breakout
- dvarrin replied Jul 26, 2012
Hi, In the chart in attachement you can see the three candlesticks that where used to define our channel. One of the rule is that the first candlestick cannot be an inside bar, but as you can see on the chart, those candlesticks appear in a triangle ...
The HDR Breakout
- dvarrin replied Jul 26, 2012
Yes, you're right. I'll update post #1 to describe that better.
The HDR Breakout
- dvarrin replied Jul 26, 2012
The trade on GBPUSD was a winner, but I didn't take it.
The HDR Breakout
- dvarrin replied Jul 26, 2012
On AUDUSD, AUDJPY and CADJPY, the candlestick has closed too far above the buy area. However on GBPJPY there was a buy signal and PT has already been reached. And now we are stopped on EURGBP too. So so far we had 3 winners yesterday. 1 winner and 3 ...
The HDR Breakout
- dvarrin replied Jul 26, 2012
The problem is that a spring appeared a short time after our entry and the result is this very impulsive move.
The HDR Breakout
- dvarrin replied Jul 26, 2012
SL triggered on EURJPY and CHFJPY :-(( About EURUSD, I would close at least one half of the trade now.
The HDR Breakout