- Search Metals Mine
- edge540 replied May 21, 2007
Pipbunny — You are on the money,just confirming the times I've quoted are EST taken directly off my trading platform.I use FXCM as my broker and the charting package is by a company called "Data Signal International" based in San Fransisco ...
Part Time Wealth Building Trading System - Daily Scalping
- edge540 replied May 20, 2007
The times are quoted directly off my trading platform and they are in EST including the date. I may have made an error in one of my posts regarding the conversion to GMT but I think you will find I didn't allow for daylight saving.
Part Time Wealth Building Trading System - Daily Scalping
- edge540 replied May 19, 2007
You are entering only an hour or so after I do at a time of the day/night where there is very little price movement so I can't see why you would have lost money in the last week.How are you exiting the trades?
Part Time Wealth Building Trading System - Daily Scalping
- edge540 replied May 19, 2007
Correct,2200HRS GMT is 1700HRS EST or 0900HRS NZST which is the close of the New York session.It's real convenient having a daily candle close and a new one open at this time of the day in NZ as I can finish and start trades before venturing out ...
Part Time Wealth Building Trading System - Daily Scalping
- edge540 replied May 19, 2007
The first two trades should probably be disregarded as I entered much later than I should have but all the rest were within an hour or so of the daily candle close at 1700HRS EST, which is 9AM here in NZ.I entered the market each day by buying at ...
Part Time Wealth Building Trading System - Daily Scalping
- edge540 replied May 18, 2007
Here are all my trades,I entered within an hour or so of the close for the day and exited when my profit target was reached or I was stopped out or the day was near it's end.Times are EST which is GMT-5hrs. 1.GBP/JPY 15/05 00:40 HRS Buy 238.36 ...
Part Time Wealth Building Trading System - Daily Scalping
- edge540 replied May 18, 2007
I've read this thread thoroughly several times in the last month and started demoing the system this week and am very pleased with the results.The only changes I've made are those that I found on this thread i.e only two trades per day,TP50 GBP/USD ...
Part Time Wealth Building Trading System - Daily Scalping
- edge540 replied May 14, 2007
Check post #47 for information on using stochastics, basically you confirm the buy or sell signal with the weekly chart stochastics and use the daily chart stochastics for exiting the trade. Cheers.
BB on Steroids
- edge540 replied May 14, 2007
I find simple systems very appealing so I gave this a try today.GBP/USD. 1. Entry order to buy @1.9844 SL 1.9814 TP 1.9855. 2. Entry order to sell @1.9760 SL 1.9790 TP 1.9749. Well the buy order was triggered and price immediately retraced to take ...
GBP/USD simple breakout system
- edge540 replied May 14, 2007
I'm using the daily chart and filtering with stochastics on the weekly chart for my entry i.e exactly as Mr Harvell says.The ATR(5) is added to the previous days high if going short or subtracted from the previous days low if going long and the stop ...
BB on Steroids
- edge540 replied May 13, 2007
I'm currently demoing this system and I have to say it's not very promising. Seven trades so far,stopped out of two, others still running most with losses. 1.EUR/JPY 7/5 16:58 Blue Buy @163.35 SL 162.23 -112 pips. 2.GBP/JPY 10/05 17:51 Blue Sell ...
BB on Steroids
- edge540 replied May 10, 2007
This probably has been answered somewhere in this thread but I've missed it. Is it possible to enter a trade much later than the initial crosses of the EMA's i.e well into a trend or does the system rely on entering as soon as the crosses are made ...
Great GBP/USD Strategy for Swing Trades
- edge540 replied May 6, 2007
Once again thanks for your reply,if I could just go through the last page of the original system "An Example of BB on Steroids in Action" I'd be grateful. 1. 1st green arrow: a blue buy signal. 2. 1st red arrow: a white sell signal. 3. 2nd red ...
BB on Steroids
- edge540 replied May 6, 2007
Thanks very much for you response,correct me if I'm wrong as I think I have it now. 1. A white signal candle must hit the white BB's but close within them. 2. A blue signal candle must have the price, at some stage, within the blue BB's and close ...
BB on Steroids
- edge540 replied May 5, 2007
I'm missing something — Hello,I was happy to find this system and have read the thread thoroughly but am still not clear on a couple of issues. 1. On the 4th page of the original system, the chart displayed to explain "blue signals" has me ...
BB on Steroids
- edge540 replied May 3, 2007
Could you please explain the meaning of the little coloured triangles and circles. Also the way you write the pips /trade, what does that mean. Thanks.
5Min Intraday System