yes to be honest I was hoping someone could code an EA although I am not a fan of using EA's to trade it would provide some backtest results. i find the 08:00 is a key time for the trade however you could possibly adopt the strategy to Indicies e.g ...

1 Minute open breakout

This is a discussion I've been having on another thread, apparantly now London would be 07:00 as it takes affect of daylight saving. I spoke to my broker and he said as its 24 hours you cant really use one particular time as an open it depends on ...

Central Banks & Big Players

[quote=billbss;3918153] Apologies that is my mistake then by seeing people trading there at 08:00gmt. So we are safe to aasume trades are only to be taken 07:00GMT Regards Rump.

1 Minute open breakout

Sorry guys I was away in meetings this morning so only had chance to enter the Frankfurt open but after a discussion with my broker he confirmed that it it cant really be split into specific open times e.g Frankfurt/London so we potentially have ...

1 Minute open breakout

[quote=G-Man;3917532] Correct, I guess its based on the activity which usually kicks off a 07:00GMT so it may be an idea to use this as the start.

1 Minute open breakout

[quote=billbss;3916688] Morning Guys, Lets see what today brings, As I said I had been following the trades with Tony's group who had maintained the London open at 08:00 GMT, I will look into this. Volumes and movement seem very thin at 06:00. I ...

1 Minute open breakout

No problem good luck. I'm hoping to be around for both opens but may only make 1 tommrrow. To all who are Reading please observe for some time and hopefully you will see see some great risk/reward opportunities!

1 Minute open breakout

[QUOTE=billbss;3916664]The 0700 GMT 1M candle closed down. Beginning the next candle price broke upwards.[/QUOT I'm currently not at a screen but from memory it was the London open 08:00 gmt. Price broke above the opening 1 min and never returned, ...

1 Minute open breakout

Hi there, sorry I was in rush before when typing so probably didn't explain too well. Here we go: first trade of the day :- wait for 07:00 gmt 1 min candle to close, enter on the break of the high/low with SL the other side. Usually price is moving ...

1 Minute open breakout

It is a new strategy for me as I am unable to monitor my trades throughout the day so it works well for me only trading the open. I have been watching for the past few weeks only and last week was my first week live with it. The TP is still the ...

1 Minute open breakout

Guys, has anyone not tried using the 1 Min candle as myself and Dael use? Today was an epic win on GBP/USD as was last friday. The wins occur a lot more often and the SL is still minimal never usually more then 6/7 pips but obviously this can be ...

Central Banks & Big Players

tony? — So your trading news reports or just trading the opening few hours when you see an 8 pip candle on the 5 sec chart? regards Rump.

Central Banks & Big Players

Yea no run away trades as yet but I have been moving my stop to BE and then trailing it with the price. I will be testing this for a while to get a grip on it potential but so far everything seems quite good. sorry guys as its slightly off topic. ...

Central Banks & Big Players

Without wanting to stray from the original strategy too much have people tried using the first min or even first 5 min candle as the boundries and then taken the first break either side? i have found this to be successfull, although still in the ...

Central Banks & Big Players

yep stopped again on a long.

Central Banks & Big Players

Hi Guys, Ive been following this thread for a while and looking to trade it live and join in the fun. One question, since this new method of trading the initial direction was introduced how has it been doing, I can see today and last Friday were ...

Central Banks & Big Players

How do you deal with spreads increasing when trading around news?

yesterday high low system

Hi Guys, Hi HazelJ80 thanks for your advice from the other forum I met you on. Im happy that this method is still alive and being traded. I finally got through reading it all and well what can I say. Its definately been a journey by the looks of ...

Indicators development for T101's not very simple method