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gg53 replied Oct 18, 2013panamamike, Using the Gadi_Currencies Diff. is optional (per my previous instructions) - for extra confirmation. It's not mandatory for this strategy. G.
The gg53 "Killing Zone"
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gg53 replied Oct 17, 2013panamamike, I use this SL method on every Gadi_OBV channel breakout strategy, not just the Asian-session channel breakout. G.
The gg53 "Killing Zone"
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gg53 replied Oct 17, 2013panamamike, Example attached... Reason/Logic: If our trade direction is correct - the Elephants are reluctant to put more money (i.e. Volume) above that level. If they are willing or changed their mind - we are out with small stop. G. image
The gg53 "Killing Zone"
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gg53 replied Oct 17, 2013panamamike, Manually. At the point of swing on Gadi_OBV I mark the close price of the correlated bar/candle. G.
The gg53 "Killing Zone"
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gg53 replied Oct 17, 2013Kilian19, If it's an EA dedicated to the Asian-session breakout - trading time should start, in my opinion, at the end of that session. It's good to have an "end" time to that breakout because after many hours the channel is no longer valid. Thanks ...
The gg53 "Killing Zone"
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gg53 replied Oct 17, 2013Kilian19, Just noticed your "Trading times". The "Asian-session breakout" strategy should start immediatly on breakout - no waiting for London open. Sorry if I misunderstood your meaning in this EA. G.
The gg53 "Killing Zone"
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gg53 replied Oct 17, 2013panamamike, My SL in "channel breakout" cases are the last swing of the VOLUME in Gadi_OBV. The logic behind it is that it is the last place the Elephants are willing to drink or pee... It's very short SL but preventing big loses in cases of spikes ...
The gg53 "Killing Zone"
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gg53 replied Oct 17, 2013panamamike, That's almost the way I confirm such trades. I need to see one currency going up and the other in opposite direction. The white line (Diff.) should point in the direction of the trade. In general: Gadi_Currencies will keep you out of ...
The gg53 "Killing Zone"
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gg53 replied Oct 17, 2013Kilian19, Didn't test it yet - but many thanks for your hard work and contribution. ALL: Just a MAJOR reminder - the whole concept of the "Killing Zone" is that it is an area of consolidation. The "Asian Session" is a private case of that - because ...
The gg53 "Killing Zone"
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gg53 replied Oct 16, 2013Eureka, Looking at my MT4 CrystalBall/USD chart on H1 and as the president of USA, Congress member and as a senate majority leader - I can clearly see a quick-run to a waiting period... all to be extended till February 7, 2014.... G.
The gg53 "Killing Zone"
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gg53 replied Oct 16, 2013Dewey McG, Thanks for posting charts and all your hard work ! BTW: your 4th chart from top is late entry. The actual entry should have been 2-3 bars/candles before that. I think that the horizontal dotted lines from a day before caused the ...
The gg53 "Killing Zone"
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gg53 replied Oct 16, 2013Great thread ! I'm a huge fan of currency strength trading, with my own relevant indicators. I also developed an EA that is working live on H1 in combination of pairs using this strategy, with great results (recent results posted on another thread). ...
Money flows: Trading the strongest / weakest major currency cross
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gg53 replied Oct 16, 2013Dewey McG, I see that you are trading the Gadi_OBV "channel breakout" only on the Asian session, which is only one case of "channel breakout". Did you try identifying other areas of consolidation and trading them with same strategy? There are quite ...
The gg53 "Killing Zone"
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gg53 replied Oct 16, 2013Eureka & jls, Many thanks for your kind words !! G.
The gg53 "Killing Zone"
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gg53 replied Oct 16, 2013Dewey McG, Trailing-stop is part of my strategy, and mentioned many times, although not mandatory. G.
The gg53 "Killing Zone"
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gg53 replied Oct 15, 2013james27, So why keep asking to add features to it (in PM and on this forum)? BTW: I'm making pips with it on a DAILY basis, ranging or trending... That's include last month, previous month, last week, yesterday and today, as you already saw. Good ...
The gg53 "Killing Zone"
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gg53 replied Oct 15, 2013james27, The statement on post #1941 include this week AND last day AND this account is still active today... G.
The gg53 "Killing Zone"
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gg53 replied Oct 14, 2013james27, Thanks for the compliments... I'm using Gadi_Currencies quite succesfully and many times as an only indicator - even without price chart. Hanover currency strength is also very good but works in a different way. You can see how much money I ...
The gg53 "Killing Zone"
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gg53 replied Oct 14, 2013Dewey McG, Regarding the "loosing trade": please read the "rules" again (post #1916). Don't enter a trade on large bars (>x2 - >x2.5) !! Reason: most of your pips are already "eaten". G.
The gg53 "Killing Zone"