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- billbss replied Nov 22, 2007
To have a completed fractal (arrow), it requires at least 5 bars. This indicator considers a fractal as a bar who's high has two lower highs to it's left and two lower highs to it's right- that's 5 completed bars. OR A bar who's low has two higher ...
my own contribution
- billbss replied Nov 22, 2007
I use the 1H chart. I check the area beginning at 1800 and ending at 0200 and visually see what the high and low were.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 21, 2007
From what you've posted, you're trading another system from Nicotina's. You might want to start another thread.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 21, 2007
I would place them tonight. The only time I wouldn't place trades on this pair would be on international holidays like Christmas or New Years. My broker (IBFX) closes for trading tomorrow at 9AM EST. I will make sure to have any trades closed and ...
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 21, 2007
There may be an element of fear in trading a real money account that is absent in demo trading. Some people may close a money trade just because it doesn't feel right. Scared money can't win.
Demo account versus live account.
- billbss replied Nov 21, 2007
I have IBFX. My high was 227.49 Low was 226.10 That's one off from Nicotina. Different brokers will have slightly different price feeds.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 21, 2007
I know about TD Trendlines. I used them before Mouteki ever heard of them:-)
my own contribution
- billbss replied Nov 21, 2007
That was my point. You cannot look at a chart and see whether you would have made money or not once the arrow appeared. The arrow appears and reappears as the 5 bar pattern completes.
my own contribution
- billbss replied Nov 21, 2007
The arrow appears before the fractal is actually completed. If you are looking back on charts, you cannot be sure where you had an arrow and where you didn't. The arrow may come and go until the 5th bar is actually completed. You must have, at ...
my own contribution
- billbss replied Nov 20, 2007
I just manually backtested November and I show +650 pips. I could have made some errors.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 20, 2007
I believe the "Nico 10" that you listed was perfected by AutotraderFX. He optimized it using Trade Station.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 20, 2007
Bob, I think whatever makes money is good:-) If you're doing well trading all three systems, I see nothing wrong with it. There is diversity in the timing factor, so you don't really have all your eggs in the same basket.
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 20, 2007
If a system's good from the start, with simple rules, the thread usually doesn't last long. There's nothing left to say. Most of the lengthy threads are systems that are being filtered and tweaked and reworked or that require lengthy explanations.
Hourly Trend Rider...
- billbss replied Nov 20, 2007
Looks like some more of those cold hard facts...LOL
High & Low 8 Hours (GBP/JPY)
- billbss replied Nov 19, 2007
kharvell had an excellent thread on Ichimoku a while back. It was the first time I understood it. url
Ichimoku Trading
- billbss replied Nov 15, 2007
You only let yourself get stopped out twice. It doesn't matter whether they are longs or shorts or both. The most you can lose in a day is 100 pips.
High & Low 8 Hours (GBP/JPY)