Vernal Equinox in Japan national holiday

naughty me i placed a trade today but still got my 10 pips

Congrats. One could adjust to their own style. Generally, the Asian High and the Low is a very good entry point. Range decision depends on oneself.

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Reminiscences of a FX Operator | Fibonacci Calculator
There is no chance, no destiny, no fate, that can circumvent or hinder or control the firm resolve of a determined soul. - Ella Wheeler Wilcox

Must be something in the air I,ve just put a sell order at 602 lets see what happens
Well done Cryten keep hold of your profit and go about your day in peace with a grin on your face

FXOperator on the charts you posted what do the lines signify please

All the best Tony

I use daily pivot points to gauge my exits after the first TP at 15 pips. The dotted green start is the open price for today while the dotted maroon colored line is the closing price for the last candlestick for today. If 0735H GMT is the last candlestick for today, then the closing price for that candlestick is the closing price for the day.

I use the open price for today to use other strategies such as Igrok Method.

Attached Files

Pivot_Lines_Timezone.mq4 (14.9 KB, 347 views)

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Reminiscences of a FX Operator | Fibonacci Calculator
There is no chance, no destiny, no fate, that can circumvent or hinder or control the firm resolve of a determined soul. - Ella Wheeler Wilcox

Thanks FX and the yellow is that yesterdays high ?

As i have to start thinking about getting dressed for work after i have placed my orders I will use this system for 10 pips a day. After demo I will fund account enough to go for 1 lot.


update I did manage to place trades with cmsfx, they have different names for buy stops and sell stops but I like their charts and their low deposit and good leverage will suit me. I need to demo enough to check the win/loss ratio and will try with a 10 pip stop loss as to control 1 lot you only need $250 in equity. Depending on the profit/loss of this system you could build your account up quite quickly. I know maybe a few traders will yell at me for this but i think the key point is win / lose ratio. If you win 9 out of 10 trades at 1 lot thats $900 profit. Time in demo will tell..

Cryton I to have opened a new demo for FXs strategy I will be using a 30 pip stop stick with it for a month and lets see where we stand, it would be good to compare , if someone wants to get on board with a 20 pip stop it would give us a great overview, the beuty of this strategy is being able to set entries so we should all be able to compare quite accurately
All the Best Tony

Hi Tony, abt the yellow dotted line. I drew it manually to indicate my buy/sell order price level. It's not in the indicators I've attached. Just for some visual view that's all.

__________________
Reminiscences of a FX Operator | Fibonacci Calculator
There is no chance, no destiny, no fate, that can circumvent or hinder or control the firm resolve of a determined soul. - Ella Wheeler Wilcox