11.0 trading sessions

forexnerd12 · Post by **forexnerd12** » Wed Oct 08, 2014 12:29 pm

London I just go with all the major pairs and cancel the pairs that didn't not activate. still I'm testing which pairs best for each session. I have noticed GBPNZD having higher spread which cause to hit stop lost so not going to trade this pair anymore.

Post by **art** » Wed Oct 08, 2014 12:33 pm

Do you use the 5 or ten line for entries

forexnerd12 · Post by **forexnerd12** » Wed Oct 08, 2014 12:35 pm

I use 10

Post by **art** » Wed Oct 08, 2014 1:10 pm

That could be why most of my trades got stopped I use 5

orionhan · Post by **orionhan** » Thu Oct 09, 2014 9:51 am

yesterday hasn't been kind to me. -20pips.

Today +~70 pips. Only trading Euro sessions for now...

lionsden · Post by **lionsden** » Thu Oct 09, 2014 11:41 am

orionhan » Thu Oct 09, 2014 4:51 am wrote:yesterday hasn't been kind to me. -20pips.

Today +~70 pips. Only trading Euro sessions for now...

Yes, there seems to be inconsistency on trading the EURO and USA sessions unless someone has created a good filter for them. I find the JPY session to be the most consistent. If there is red news on a certain currency, I dont trade that currency. Too volatile at the open when news closely follows.

Regards,
Lionsden

orionhan · Post by **orionhan** » Fri Oct 10, 2014 2:17 am

lionsden » Thu Oct 09, 2014 7:41 pm wrote:
Yes, there seems to be inconsistency on trading the EURO and USA sessions unless someone has created a good filter for them. I find the JPY session to be the most consistent. If there is red news on a certain currency, I dont trade that currency. Too volatile at the open when news closely follows.

Regards,
Lionsden

for me i feel consistency can only be determined in the long run. I'm not too worried about the daily pip but rather collate the results on a monthly basis. I intend to try this system on demo for at least 2 month and see how it goes. Since it is already Oct, IF everything goes well, live trading can only began next year i suppose.

*fingers crossed*

Post by **art** » Fri Oct 10, 2014 8:46 am

I think trading the correct pairs is important,if you look at bobs recommendations according to the sessions you are trading, I am using 8 30 start for London session on selected pairs no aud or nzd

Post by **nanningbob** » Fri Oct 10, 2014 1:09 pm

I am going to be on Skype after 10 AM EST or in about an hour. I want to discuss a weekly candle idea with some traders and programmers. You must have a broker that can trade in both directions and small lots to test this idea. If you are interested in the session just look for nanningbob on Skype and have your Empty4 open with weekly charts. I think the idea is strong and simply plays the weekly candle direction. Open trades on Monday and keep adding all week and close on Friday or whenever you think profit is strong enough. Its a crazy idea but I need someone that also understands math and can work it out.

Post by **art** » Fri Oct 10, 2014 1:31 pm

Bob you are amazing.