Cheers I'll check that one out.

London Open Strategy

Cheers Martin, we're on a good run at the moment, there will be bad days

London Open Strategy

Yes, just to clarify my ideas about the overnight range. If the open is in the range and price has been flat on the approach, EMA flat, then I think this should be a 'no trade'. There isn't the direction/momentum so difficult to apply the strategy. ...

London Open Strategy

3400, but we're struggling a bit at the moment. Had some + news this morning but EUR CPI coming out later...... DP could be a problem. ARRGH! nightmare PC problems this morning.

London Open Strategy

Strong selling coming into the open, going to buy into it.

London Open Strategy

Last 4 trading days look positive, 4 wins if we were looking for +10pips, 12pip SL. 3 of those trades gave a lot lot more. The Mon trade only gave up it's 10pips the following day. Drawdown minimal. image $3000 acct Risk 5% (you've got to go for ...

London Open Strategy

Hi Ghadeer, this strategy is in it's infancy, at the moment I'm just proposing a premise so that we might possibly make some regular money, so really we're all learning. Simple way to show you the way I look at it is with a chart, this is just my ...

London Open Strategy

Forgot to mention, I was looking into this yesterday. I only looked at the last 40 LO days (I know that's not a lot) but I was finding around 65% of winning trades going to 10pips with a 10pip +spread stop loss. Certainly worth more investigation.

London Open Strategy

Morning guys, yeah short, stop now BE 3406. Targets below S1, WS1, and S2. Still in danger zone for a move back to DP but we've broken yesterdays low. Lets try and hang on...... big ADP at NYO.

London Open Strategy

Hi jw, not at all off topic, thx for the input. Your right about the variations on a theme, I'd be happy to hear about, or see any of your mojo at work I'm looking around similar threads to try and pick up some ideas.

London Open Strategy

Hi, I don't think it's a major factor. If you look back through the calendar there really isn't very much red news for EUR at that time. There are plenty of days with none at all, then occasional flash Pmi's, libor, or the SNB can issue a statement ...

London Open Strategy

It would be nice to know a bit more about how, whoever wrote this came to his/her conclusions, what market? over how long a period? and what in the analysis is considered a reversal?. I'm not being cynical, the cycles seem to match up pretty much ...

London Open Strategy

Nice one. In retrospect I should have taken this, not just because it went where it should have but I had my normal conservative "real money" trading head on, I need to try and take every trade. Been a long time since I traded demo. This was a ...

London Open Strategy

......it's through the DP now, next stop yesterdays high maybe.. image

London Open Strategy

Hi Pat, I'll have another look at that thread, didn't get it first time round. I haven't placed a trade this morning which is boring, but there's just no real direction going on at the moment. If price had pushed lower making a break for it I'd have ...

London Open Strategy

Thx I'll check that out later.

London Open Strategy

image

London Open Strategy

Hi diamond, are you saying average the drawdown to then adjust the entry on the 8am candle by that amount?.

London Open Strategy

Hi moneymove welcome, nice stats mate

London Open Strategy

Thx I'll check it out.

London Open Strategy