Correct. Must be due to broker feed variation. Which do you use?

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OK, >50 on my chart. Stoch Indie &/or feed variation.

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...interesting, so why didn't you take the 8:06 signal?

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Agreed. No valid signal so far (using Alpari UK).

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Determining trend that then offers a statistical edge is quite difficult to identify - so exactly how have you tweaked the directional assessment?

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Paulus posted yesterday that he would be away for a few days and wouldn't be trading. The long signal was correct and if you look at his examples, he sets stops a couple/few pips beyond the nearest swing to entry.

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...most will be out of the buy with a loss now. If playing by the rules, that's it on this strat for today.

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Signals are taken on close only.

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..neatly demomstrated by your selection of stoploss this morning.

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-5% on the buy (through Alpari (UK)) if following the rules with the stop just below the signal swing low.

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This is from Alpari (UK) Spreadbetting feed. After the failed buy, there was a failed sell; reached 13% odd and retraced...so if going purely by the rules a -5% day (the sell setup wouldn't have been taken...1 trade per day).

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European Open line should be set to 05:00GMT and the London Open line to 07:00GMT. The range high was broken at 07:05/06 GMT which signalled looking for a long setup. London is GMT+1 at the moment.

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Before the short signal came, the range high had been breached, which according to the rules means we were then looking for a long entry...i see Paulus has now covered today's situation...

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Broker variation will give different entries/results sometimes. Alpari (UK) Spreadbetting platform gave a valid long earlier, which was stopped out.

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The European Open line should be at 5am GMT and the London Open line at 7am GMT.

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Make sure your open/close session indicator is drawing lines at the correct time for the european and London open - then draw your trendline between price at those two opening points...sloping downwards this morning.

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Draw the trendline from European Open to London Open to determine which direction to trade. See Paulus post #6.

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yup, different on Alpari (UK) too - signal candle at 08:11 (UK) with a low of 1.26968, swing high for stop 1.27057 + 1 pip + spread. 08:19 candle high reached 1.27064, so in theory just missed being stopped out.

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hmm, 15% on that today and in reality probably just missed 15% using 5min yesterday, very close though, a couple of pips. ...some testing to do. Edit: ..in fact the 5min short was a winner yesterday. Using 5min this week would have given 4 winners, ...

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Thanks TAH, on the hrly we can see a demand zone that has now been revisited a couple of times this week...as you say, it's difficult to know (without time and sales data) how big the BBs blocks are at these levels, but the fact that price has been ...

Sonic R. System