Template — If this helps anyone, be my guest

C4 Scalping

Hi Leomeister, No problem. This is the most interesting & taxing area of trading when to get out with maximum profit/minimum loss. As I noted earlier I am looking at the Sushi Roll as per Fishers book as a potential area for exiting. It basically ...

1 trade a day

Hi, I always like the idea of reducing losses and if your idea of 23.6% works then I'm all for it. However aren't the fib levels based on previous movememnt rather than opening ranges. As always we can use what we like and I would never put any ther ...

1 trade a day

Interesting name Formula.........

Catching the morning train

How to define a trend — I would suggest that you read up on Directional Movement indicator and look for the subtelties over a couple of timeframes i.e. 13 period and 21 period. Look at the way the ADX moves, which is the main trend component, ...

Catching the morning train

London Rush — There is a well known system called "London Rush" which takes the opening range for London and then buys/sells at the breakout. I am not going to offer anything as to the opening length of time nor any buffer above or below. But, ...

Catching the morning train

Hi, Hving started with this thread which I found very useful I have been experimenting with the London opening. Results are very similar in terms of trades and I am using slightly more pairs and slightly stricter entry conditions to eliminate spikes ...

1 trade a day

possible filter — On the London breakout I have been observing 5 min charts and found that using a MACD as a filter greatly reduces the occasional spikes. I don't know if this could help on the Asian breakout, someone might like to look at it.

1 trade a day

Possible heresy — I have been following the thread for sometime and looking to see how I can trade it. Everyone has their own comfort levels. Just a simple question that has started to bug me. What relevance has the asion market got to the ...

1 trade a day

Market Hours — url This may be useful for some Steve

1 trade a day

what day? — Unless I am seriously mistaken for which I apologise that looks to me like Thursday 21st??

1 trade a day

The DIBS method on FF — Below are the rules for my above post Steve ############################################### This is a continuation of the DIBS Method which was started at the No Free Lunch but all the coffee you can drink thread. ...

1 trade a day

London Opening — Gosh,, That didn't take long. I have an open mind to this and must admit I think 06:00 a bit early. On what authority do they have to say what time London Opens a sits a 24hr market. I have decided I will be asking my broker ...

1 trade a day

Inside bars — As I know there are a number of us who would prefer a narrower stop range I have been re-reading the DIBS thread. This is based on an inside bar ( IB) and trading after the London Open (dont ask) and with a price higher or lower ...

1 trade a day

GMT is always GMT. The only change is BST is +1hr (Summertime). In the winter GMT=BST. I see various positions on London opening and having looked on many sites and forums have come to the conclusion its 06:00 GMT. Only if someone were a trader, and ...

1 trade a day

Hi, I am revisiting this thread as an adjunct to another breakout system "one a day" and have a question. If you get stopped out after making a trade and the price then reverses and goes back through the original break within the same bar do you ...

The DIBS Method... No Free Lunch continues

Hi Everyone, It seems I was a candle short which gave me the trigger. My EA mistake. I have uploaded a script which draws all the lines for the system. It runs on Hrly charts. Its easy to eyeball and see that this is a very good system.

1 trade a day

Money Management — GBPJPY nearly gave us a 154 pip loss. This is unacceptable in my view. How can we limit this? If we didn't take spread into account this would be a LOSS now. It hit the upper level to the pip :-(

1 trade a day

20th May GBPJPY — Trade opened if it has to hit, not break 10 pips from low. Trading at a loss at the moment. If it has to break past then no trade. I guess its the first rule. Just checked its ahit not break so a loss in progress Comments on ...

1 trade a day

20th May GBPUSD — Looks to me like a 18 Pip profit taken at 1.618 level. Break even on the remainder of the trade at 200 level. Thats my view. I still have some difficulty with the timings of the London open though. I now have it at 07:00 ...

1 trade a day