- Search Crypto Craft
- rumpfunk replied Aug 13, 2010
Morning guys, I will be giving my entries today so hopefully you can follow. This morning could be volatile with german figures coming out well above expectations but France and Spain to follow.
30 minute hi/low strategy
- rumpfunk replied Aug 13, 2010
I will be trading the london open in 1 hour. Be aware Euro econoomy figures are out this morning so we could see a few spikes, dont get caught out.
1 Minute open breakout
- rumpfunk replied Aug 13, 2010
Thanks, However I only look for 10 pips from each open so risk/reward is great!
1 Minute open breakout
- rumpfunk replied Aug 12, 2010
A Doji will still have a high and a low so yes, i use 1 pip as a buffer. Im not saying it has to be used but it could offer a few safer trades e.g todays EUR/USD has been below the daily pivot so only take trades breaking the low of the previous 30 ...
30 minute hi/low strategy
- rumpfunk replied Aug 12, 2010
Ah that makes sense, yes unfortunatley its dependant on taking trades throughout the day as we dont necessarily know where the bigger moves will occur, however if you are only trading a few trades maybe try it around the first hour or two around the ...
30 minute hi/low strategy
- rumpfunk replied Aug 12, 2010
Im not sure if your trading the same entries because the past few days have been positive although about 30 pips however today you should be looking at around 40 already.
30 minute hi/low strategy
- rumpfunk replied Aug 12, 2010
That would be ideal I have actually set a thread up regarding the strategy and was hoping someone could create a simple EA so I could backtest but if you have all the values thats even better. Let me know how you get on, im sure the results will be ...
Central Banks & Big Players
- rumpfunk replied Aug 12, 2010
[quote=whatfx;3941823] 1. Yes wicks are counted as they are points where the price has halted. 2.Correct the trade will be taken even if has gapped up as it is making a new high from the previous 30 mins. 3.the SECOND candle we are moving with the ...
30 minute hi/low strategy
- rumpfunk replied Aug 12, 2010
Hi guys, Phreddy thanks for your help with the images, and yes any trade open i leave running even if a new trade is opened. Trades are only closed by TP and SL WhatFX apologies as i was unable to get some charts together, but if you are around ...
30 minute hi/low strategy
- rumpfunk replied Aug 12, 2010
Exactly this is why I have been using the 1 Minute candle instead of using the first pip. It still gives a very low SL but the ammount of times 10 or even 20 pips is achieveable out it is more often then not!
Central Banks & Big Players
- rumpfunk replied Aug 10, 2010
Hi whatfx, correct a trade will be taken every 30 mins if the price moves past the previous 30 min candle. If it is an inside candle then there will be no trade we then wait for the next trade. We are only using the previous 30 min to move with the ...
30 minute hi/low strategy
- rumpfunk replied Aug 10, 2010
Hi Zeldazu, Yes no problem, im currently trying to trade this alongside my day job so I will post a chart at the end of the day with entries if thats ok, but im sure if you look into it as its quite a clear system that cant be left up to the users ...
30 minute hi/low strategy
- rumpfunk replied Aug 10, 2010
Hi Graeme, just started looking into your thread and like your apporach. Must admit im looking forward to when you collate all the information as it is quite a hard read going through the thread, but looking forward to getting my own millipede. ...
Building an equity millipede
- rumpfunk replied Aug 10, 2010
correct it will as yesterday afternoon showed, which is why I have revised the SL to the opposite end of the 30 min candle or 10 pips, whichever is less, giving a risk/reward 1:1. Assuming it is breaking the previous high/low 10 pips should be ...
30 minute hi/low strategy
- rumpfunk replied Aug 10, 2010
Eur/Usd short +10 pips (with a 2 pip risk). See you tommorrow.
1 Minute open breakout
- rumpfunk replied Aug 10, 2010
Enter at the break of the high/low of the previous 30 min candle. Yesterday was a good start in the morning session with 50 pips however finished with +20. Will provide today's results at the end of the London session.
30 minute hi/low strategy
- rumpfunk replied Aug 10, 2010
Eur/Usd long trade +10 pips (risk was 6 pips) back at 13:00 gmt.
1 Minute open breakout
-
30 minute hi/low strategy
Started Aug 9, 2010|Trading Systems|55 repliesGood evening, a strategy based around the 30 min chart with no inicators. A trade will be ...