- Search Energy EXCH
- Blackeagle replied Nov 24, 2011
All but EJ stopped. EU: -25 AU: -20
Fratelli Intraday trading system
- Blackeagle replied Nov 24, 2011
Yes, EU, EJ and GU already long and AU will be long when this bar closed.
Fratelli Intraday trading system
- Blackeagle replied Nov 24, 2011
You were lucky as it was the 14% part of the uncorrelation which is called exception. Since you already spent your one chance out of ten, statistically, you'll be stuck in a range in your next 9 trades when either of the pairs you mentioned is in a ...
Fratelli Intraday trading system
- Blackeagle replied Nov 23, 2011
Of course they are not 100% correlated but check out the following link: url EURUSD-EURJPY correlation - last 3 months - 0.95, last 6 months - 0.89 EURUSD-AUDUSD correlation - last 3 months - 0.86, last 6 months - 0.84 EURUSD-GBPUSD correlation - ...
Fratelli Intraday trading system
- Blackeagle replied Nov 23, 2011
I posted a similar approach a few days ago re. EU and EJ as JPY leg of EJ has lost the momentum since August and hence EJ's move replicates EU. I totally agree with you. What I am doing is just picking one of them and trading it for 15 or 20 pips, ...
Fratelli Intraday trading system
- Blackeagle replied Nov 23, 2011
You are welcome, Peter. You deserved it with your contribution to FF and fellow traders. Regards, Blackeagle
Fratelli Intraday trading system
- Blackeagle replied Nov 22, 2011
A Suggestion — Although Peter replaced GBPUSD with EURJPY based on backtest results (I respect that) with the second version of his system, I am still trading GBPUSD with great success (today 3 winners out of 3 trades - 45 pips) and I am ...
Fratelli Intraday trading system
- Blackeagle replied Nov 22, 2011
In these instances when the call is close, you can use the values on MACD indicator window. It was -0.000021, so was below the yellow line and actually a valid signal stopped out two bars later with up arrow.
Fratelli Intraday trading system
- Blackeagle replied Nov 22, 2011
Then go to post# 639 and read Fratelli's response about spread. SPREAD IS INCLUDED. If close price of signal bar is 1.3541, then entry would be @1.3545. Spread included means actually entry price is at 1.3544 but Peter puts 1 pip spread for longs ...
Fratelli Intraday trading system
- Blackeagle replied Nov 22, 2011
Dean already answered this a few pages back. Spread is already included in buy orders, that is the reason you put 4 pips on close price for longs and 3 pips for shorts. So if close price is 1. 3541 on a buy signal, then you should enter 1.3545 as a ...
Fratelli Intraday trading system
- Blackeagle replied Nov 22, 2011
GUYS and GIRLS, FELLOW TRADERS, PLEASE READ ALL POSTS STARTING FROM POST 1, ALL YOUR QUESTIONS HAVE ALREADY BEEN ANSWERED. DON'T EXPECT TO BE SPOON-FED. IF YOU CAN'T READ SEVERAL PAGES ABOUT A TRADING STRATEGY YOU ARE PLANNING TO USE TO TRADE YOUR ...
Fratelli Intraday trading system
- Blackeagle replied Nov 22, 2011
You didn't miss anything. If you traded by the rules, EJ and AU was stopped out at BE + 1 and there was no trade on EU as MACD was just below zero line. Only winner was GBPUSD, but most are not trading that one after version 2.
Fratelli Intraday trading system
- Blackeagle replied Nov 22, 2011
Seems you have no idea when Frankfurt opens.
Fratelli Intraday trading system
- Blackeagle replied Nov 21, 2011
Up arrow has been printed after entry. Was too late.
Fratelli Intraday trading system
- Blackeagle replied Nov 21, 2011
I got the same reentry arrow on EURJPY and actually it got triggered (103.35 was the close of signal bar and 103.309 was the low of next bar) and then it got stopped out.
Fratelli Intraday trading system
- Blackeagle replied Nov 21, 2011
EURJPY — Just traded EURJPY short with the new version and it took only three bars to reach TP level. Short entry at 103.783 and exited at 103.583.
Fratelli Intraday trading system
- Blackeagle replied Nov 20, 2011
I agree with this poster. I did the same test when I read white arrows showed 2-15 ema crossover but actually they are not. Do we use those white arrows as is (no matter what ema cross it is) or do they need to be 2-15 cross? Any comments please? ...
Fratelli Intraday trading system
- Blackeagle replied Nov 18, 2011
I am not trading live yet, just following system rules to the letter to see if it needs some discretion of your own. Not sure if Fratelli did use round numbers as a filter, but I agree with you, round numbers are always a concern as volatility ...
Fratelli Intraday trading system
- Blackeagle replied Nov 18, 2011
Short EURUSD — I had a short signal at 1.35102 (1.35132 - 3 pips), stop at -10 now.
Fratelli Intraday trading system