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Nevermind, i'll have to stick to using a few charts then. You're trading the London close? Are you also trading the London open?
I'm covering all the opens (US, London, Euro, Asia and Australia), with their relative currency pair. London and Japan are well worth covering.
EURJPY killed me this afternoon as I forgot to cancel pending order for long when going short. Foolishly, I cancelled stop loss too hoping for reversal and go long and lost 1k. Fortunately its still on demo... Still smarts, but shows you need to stick to the rules!
Are you making your trades immediately at close of London (9:00 PM PST), based on the time period of two hours before?
Quote:
Originally Posted by Brazenmichael
having quite a successful run with this. i use it at the open of the us market and at the close of london. has anyone figured out a way to apply this indicator multiple times to the same chart?
Are you sure you are following this strategy correctly?
I think I misunderstood TS for my SL. Thanks for the correction.
Quote:
Originally Posted by Limstylz
I don't mean to sound unhelpful here, but all this strategy really requires is a bit of common sense to know when a particular trade is about to wipe you out and some balls to either stay in the trade and take more major pipage or to handle some potentially big drawdowns.
If you show me where're my mistakes, I think you are quite helpfull.
Okay, now would you like to direct me which point of resources/topic to sharpen my common sense in trading?
What I learnt is about Support Resistance, but I'm still not be able to applied the SR on my trading.
Does the SR have any relation with this method to decide price brekout moving?
when buy or sell order is placed..cancel the opposite order.
be able to set take profit as well as lot size/ # of identical orders to open(my broker only allows 50 contracts per order, would like to open 100 or more ie..2 orders, 3 orders, etc)
be able to use magic number to use multiple EA on same chart( i use three instances of indicator per day).
Sound interesting anyone?
__________________
Wanna know how to trade? K.I.S.S.
I had an EA built but it isn't working properly in backtesting. Unfortunately it doesn't use andee's indicator (andee, can we call your indi within the EA?) As soon as the problems are resolved I will post.
EA cannot use/call my indicator, because my indicator didn't use "indicator buffer".
my indi just draw high & low from "End" to "start"....
Sorry dznmrd for your thread at other forum.... but the follower of "the big dog" has open new thread.
Quote:
Originally Posted by Limstylz
I had an EA built but it isn't working properly in backtesting. Unfortunately it doesn't use andee's indicator (andee, can we call your indi within the EA?) As soon as the problems are resolved I will post.
Hi lim, i was study your EA code, and read your mail. i'll mail you back soon....
Linear Mode
