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11.0 trading sessions
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Author:  lionsden [ Wed Oct 01, 2014 12:44 pm ]
Post subject:  11.0 trading sessions
nanningbob » Wed Oct 01, 2014 7:11 am wrote:
lionsden » Wed Oct 01, 2014 7:56 pm wrote:
nanningbob » Wed Oct 01, 2014 6:44 am wrote:I think we may have the simplest trading system ever developed. Takes less than 10 seconds to read the chart and place the trade. Cant get any easier than that.
Bob,

Are you still using the delays at the open for USA session?

TIA
I will start my deep studies now. I have the indicators to test each time period. I have the info on which currencies move the most when. I have which currencies are the most volatile. So now I start my chart reads. Like tonight I decided to try 700 or an hour and half before market move time. I will close them soon at 1.37 loss. Not much happened. The two currencies that would have hit the +15 were there by the time I got to them so .............. Have to learn to be on time. My next ones will be at 900 I will skip the 800 I got killed there last night.

How are you judging where to place the pending since the DO line will not be the starting point for the 0900 candle?

tia
Author:  nanningbob [ Wed Oct 01, 2014 12:57 pm ]
Post subject:  11.0 trading sessions
OK my new screen for 900 USA session. Black background. 1H screen and 15M screen. Notice how it is letting you know the color of the bar as it reaches 900. COOL.
Author:  nanningbob [ Wed Oct 01, 2014 12:57 pm ]
Post subject:  11.0 trading sessions
lionsden » Wed Oct 01, 2014 8:44 pm wrote:
nanningbob » Wed Oct 01, 2014 7:11 am wrote:
lionsden » Wed Oct 01, 2014 7:56 pm wrote:
nanningbob » Wed Oct 01, 2014 6:44 am wrote:I think we may have the simplest trading system ever developed. Takes less than 10 seconds to read the chart and place the trade. Cant get any easier than that.
Bob,

Are you still using the delays at the open for USA session?

TIA
I will start my deep studies now. I have the indicators to test each time period. I have the info on which currencies move the most when. I have which currencies are the most volatile. So now I start my chart reads. Like tonight I decided to try 700 or an hour and half before market move time. I will close them soon at 1.37 loss. Not much happened. The two currencies that would have hit the +15 were there by the time I got to them so .............. Have to learn to be on time. My next ones will be at 900 I will skip the 800 I got killed there last night.

How are you judging where to place the pending since the DO line will not be the starting point for the 0900 candle?

tia
Thats the signal. It is called the open line.
Author:  nanningbob [ Wed Oct 01, 2014 1:05 pm ]
Post subject:  11.0 trading sessions
I tried something different tonight. I had the color direction 2 minutes before so I began by placing pending above or below the last low or high of the previous 1 or 2 candles. They were all set in case something exploded at the top of the hour. I then used the one click and reset them if they hadnt entered after the open line was made. I was all done 45 seconds into the sessions and two of the trades had taken which I would have missed if I hadnt preset the pendings. 4 minutes into the session and I am 9 trades in with some already in profit. See how it goes.
Author:  Aussiedoc [ Wed Oct 01, 2014 1:30 pm ]
Post subject:  11.0 trading sessions
Bob, thanks heaps for the separate hour indis. :good: :good:

I finally got my template synchronized for Tokyo, London and NY. Sydney will have to wait until 8 AM AEST tomorrow.
I then used the one click and reset them if they hadnt entered after the open line was made. I was all done 45 seconds into the sessions and two of the trades had taken which I would have missed if I hadnt preset the pendings. 4 minutes into the session and I am 9 trades in with some already in profit. See how it goes.
I'm still entering each TF manually as I haven't yet worked out how to the above.

Here are my NY results just in.

Cheers
Author:  forexcite [ Wed Oct 01, 2014 2:05 pm ]
Post subject:  11.0 trading sessions
I did NOT wait for an hour into the US session to put in pending trades - wanted to see how the original plan worked. I didn't have a lot of time to enter trades as I'm getting kids ready for school at that time, but I did set 3 pending and all were winners. I also did not enter any pendings for pairs that included USD as the NFP was coming out right after the market opened. Not really a good sampling, but encouraging for sure.
Author:  nanningbob [ Wed Oct 01, 2014 2:27 pm ]
Post subject:  11.0 trading sessions
Well I am 7-7 with 2 trades left. So we will see if I am profitable or a loser with 2 trades left for the day. :)
Author:  nanningbob [ Wed Oct 01, 2014 2:29 pm ]
Post subject:  11.0 trading sessions
One trade went into bigger profit over the other so 8-8 for USA session tonight. I will contest one trade that went 4 pips past the TP point and didnt take and ended up a loser. The others seem legit though.
Author:  forexcite [ Wed Oct 01, 2014 2:32 pm ]
Post subject:  11.0 trading sessions
So, Bob you waited till 9 in the US session for those 8 trades?
Author:  lionsden [ Wed Oct 01, 2014 4:02 pm ]
Post subject:  11.0 trading sessions
I had 8 wins 7 losses.... The CAD weighed in on most of the losses followed by the pound. I used the 0900 Time to enter but didnt use the new indi as of yet. just grasping the fact that there is a new DO as Bob stated to use instead of the 0800 EST which is the one i was wrongfully using today in the USA session. you live and you learn.

Mayum
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