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Sweet spot trading
Started Oct 4, 2008|Trading Systems|81 replies
This thread has been started from my traffic light thread after emails from people asking if I ...
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Paulus replied Oct 4, 2008Thanks for all your help on this people I appreciate it.. My screen shot of Friday 1st thing start time 7.30am uk 20 pips daily tgt hit on 1st signal but others also shown.. Plus the link to the new thread which may Die on Monday..lols its a system ...
Paulus - Traffic lights
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Paulus replied Oct 3, 2008Hi Ib Il try but as Flameco says I have alot of personal issues right now things are better but these things take alot of time to resolve and that has to be my priority if I get time today I will post some hope it helps and thanks Flemenco for ...
Paulus - Traffic lights
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Paulus replied Oct 2, 2008Hi Ib I like 7am to 11am and 2.30pm to 5pm all uk time..any system relies on volatility we need vol to move the price. Hope that helps Paulus
Paulus - Traffic lights
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Macd that changes colour
Started Sep 30, 2008|Platform Tech|5 replies
Hi Not sure if this is posted in the right area but has any one got a macd that changes the ...
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Paulus replied Sep 29, 2008doing well here few scary moments but thats trading getting my 20 every day which for me is the most important thing. The other important aspect is money management its this that will keep you alive when we get a losing run and that will happen with ...
Paulus - Traffic lights
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Paulus replied Sep 27, 2008normal and safe — if you look at the chart the 1st signal was taken when the 5min bar completed but the 15min was still forming and the CCI8 was moving from red through 0.00 to blue this is a normal signal If you look at the 2nd signal when ...
Paulus - Traffic lights
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Paulus replied Sep 27, 2008yes you will have losses but ANY system has losses and I defy any one to show me a system that doesn't.With correct money managment the losses wont hurt your account. Take a look at any professional traders or city traders sharps ratio you will see ...
Paulus - Traffic lights
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Paulus replied Sep 26, 2008Hi I do 7.30am to around miday uk time if I get my 20 pips I stop..I then do 2.30pm to around 5pm yes see the tough bottom but took the short..I dont look at levels I cant get a mechanical rule for it cheers Paulus
Paulus - Traffic lights
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Paulus replied Sep 25, 2008This is my workspace right now as you can see the 5 min has been giving blue up bars on the HA ..but if you look at the 15 min although its got 13mins left to end the bar its giving me blue on the CCI8 which means I cannot take shorts on the 5min ...
Paulus - Traffic lights
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Paulus replied Sep 25, 2008Eureka if you give me the time of the trades in Uk time Il take a look for you... Cheers Paulus
Paulus - Traffic lights
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Paulus replied Sep 25, 2008yea know what u mean ! Ive put candles back on my chart so I can see up and down candles with line chart you cannot do this as it only shows the close. The S is for safe signals and these are entered on the actual signal bar ..a normal signal for a ...
Paulus - Traffic lights
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Paulus replied Sep 25, 2008Joem you could of bought ur stop to break even at the last swing high..I used to call it a 'safety stop' you get alot of +0 trades BUT you cut down the losers dramatically wd Paul
Paulus - Traffic lights
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Paulus replied Sep 25, 2008Today I have been entering safe signals on the trigger bar and normal signals on the 1st pull back bar worked well this morning got my 20 only had to let 1 winner go as it went straight up and hit tgt without a down bar as it was a long paulus
Paulus - Traffic lights
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Paulus replied Sep 25, 2008As you can see red dotted vert line on 5min shows my 7.30am start line..15min blue 30 min blue so once i get red on 5min I will go long on next 5min blue after that..as long as 15min stay blue this should be a safe signal... paulus
Paulus - Traffic lights
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Paulus replied Sep 25, 2008A good friend of mine uses this system but trades slightly differently at +10 pips he moves his stop to break even and closes at +20 ..he says it works well but can screw up the 2:1 risk reward Another thing he looked at was taking a signl on the ...
Paulus - Traffic lights
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Paulus replied Sep 25, 2008Terry If you take the 15min and its red and then a new candle starts on the 15min the CCI will start to cross or hit the 0.00 line even though its still red its either on or just below the 0.00 if its a strong candle it will go blue at times.The ...
Paulus - Traffic lights
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Paulus replied Sep 24, 2008no signal for me yet this morning As you can see 15min saying look for longs we have 3 blue bars..the 5min has been blue but the 1st one came way before my 7.30am start as dipicted by the red dotted vertical line.....you can just see a red HA bar ...
Paulus - Traffic lights