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- billbss replied Jan 13, 2008
Bali, Any reason you cannot answer questions? Here are some I posted previously; Are you sure a candle must open below a red or above a blue and not just penetrate it? Where do you place your stops? How long do you let the trade run if it doesn't ...
At Least: 30~60 PIPS Daily / Pair At Least * All Pairs
- billbss replied Jan 13, 2008
I found it here. This one has some additional indicators with it: url
At Least: 30~60 PIPS Daily / Pair At Least * All Pairs
- billbss replied Jan 13, 2008
I see more losses than wins, looking at it on a chart. Are you sure a candle must open below a red or above a blue and not just penetrate it? Where do you place your stops? How long do you let the trade run if it doesn't hit target?
At Least: 30~60 PIPS Daily / Pair At Least * All Pairs
- billbss replied Jan 12, 2008
What he is saying is that it is not accurate to look back on a chart and see the condition of the stochastic at the close of the 1300 bar and judge whether that would have been a trade. You have to look at the stochastic's condition on the close of ...
Daily Stochastic Oscillator System
- billbss replied Jan 12, 2008
I caught that too. If you look at the charts it would change very few trades.
Daily Stochastic Oscillator System
- billbss replied Jan 12, 2008
Okay. Did you close the trade at the end of the session or let it run until either SL or TP?
Daily Stochastic Oscillator System
- billbss replied Jan 12, 2008
Do you close the 0900 position before opening the 1300 position?
Daily Stochastic Oscillator System
- billbss replied Jan 8, 2008
Stopped out on the USD/JPY short. This will be my only trade today.
The Holy Grail - Found
- billbss replied Jan 8, 2008
I'm short the USD/JPY. I'm not going to set up and watch it. SL=109.56 TP=109.06
The Holy Grail - Found
- billbss replied Jan 7, 2008
It will make money, overall. I think it could be improved upon. It has some large drawdowns.
Pivot Point, Psych Levles and Intra Day Trend Lines
- billbss replied Jan 7, 2008
We're looking to go short the USD/JPY. If TL#1 hasn't been penetrated when 0700 GMT rolls around, I go short a breakout of it. If it has been violated, I'll be looking to sell a break of TL#2. There is more than an 8 hour separation between the two ...
The Holy Grail - Found
- billbss replied Jan 7, 2008
I have traded John Person's PP system.
Pivot Point, Psych Levles and Intra Day Trend Lines
- billbss replied Jan 7, 2008
I have always used the NY close to calculate pivots. A lot of people don't.
Pivot Point, Psych Levles and Intra Day Trend Lines
- billbss replied Jan 7, 2008
What time were the pivot points under test being calculated? This is the factor that makes pivot points somewhat arbitrary and subjective. There is no common consensus as to whether they should be calculated at 5PM NY time, 000 GMT, the beginning of ...
Pivot Point, Psych Levles and Intra Day Trend Lines
- billbss replied Jan 7, 2008
1.9704 was a good number last night. It has been penetrated since then. I'm sure there will be a solid trendline in place, ready to be broken, by trade time (0700 GMT).
The Holy Grail - Found
- billbss replied Jan 7, 2008
By all means, trade this method the way you interpret it. For what it's worth, I would disagree with the two points you made above. 1. I don't think we need to resort to the high spread crosses. The two pairs you mention have an 8-10 pip spread from ...
The Holy Grail - Found
- billbss replied Jan 7, 2008
The set-ups, this morning were text book. They couldn't have been any better or any clearer. Barring any big moves today, we should have the same candidates tomorrow: GBP/USD- Short EUR/USD - Long (I wouldn't trade this one unless it closes up ...
The Holy Grail - Found
- billbss replied Jan 7, 2008
Another +20. USD/CHF. Clear down trend and down bias on the daily. Unmistakable trendline break on the 30M. The EUR/JPY broke a trendline on the 30M and went down more that 20 pips. I would not have traded it because the daily chart did not meet ...
The Holy Grail - Found
- billbss replied Jan 7, 2008
Counters can't be ousted in Atlantic City. They can in Las Vegas.
Forex using casinos methods