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- truckjrt replied May 21, 2009
I picked up 42 pips on U/CAD. I kept moving the TP and SL hoping for a huge break out, or i would have stopped out at 38 pips.Daily Quarter method
- truckjrt replied May 21, 2009
So if you are late to put your trades in do you still use the GMT +3 candle and close or the most current candle and 24 hr period??
Daily Quarter method
- truckjrt replied May 21, 2009
A/J +33 Just before Asian Open G/U +91 London Open N/J -118 Asian Open Lost on both Long and Short G/J -114 London Open I closed my short this morning. Total -108 For the NY Session I have E/U and U/CAD orders in.
Daily Quarter method
- truckjrt replied May 20, 2009
Could you post your Buy/Sell lines for EUR/USD. I also traded E/U yesterday but hit my Sell SL early this morning at -97.1 pips and then closed out my Buy at +14 just after the NY open. My SL and TP was 50% and 25%, not the 25% and 25% you used. ...
Daily Quarter method
- truckjrt replied May 19, 2009
I am right there with you at 55 pips on G/U. I did steer away from G/J to stay within my money management guidelines. But went with E/U with my 24 hr stopping just before NY open. Currently down. Also went with U/J last night before London opening. ...
Daily Quarter method
- truckjrt replied May 18, 2009
My thought is if we could tweak each pair to certain open (i.e. E/J at/before London open or E/U at/before NY open) then 3+ times a day you could possibly open a new trade without sacrificing too much in risk. any thoughts? I currently have AUD/JPY ...
Daily Quarter method
- truckjrt replied May 18, 2009
Times and Pairs — I think we have settled on just before the London open for G/J, G/U, and E/J. Has anyone given any thought to using the 24 hr period ending just before the Asian session for NZD/JPY, AUD/JPY, or NZD/AUD? Or 24 hr before the ...
Daily Quarter method
- truckjrt replied May 18, 2009
5/18 — Two Trades before London open. G/U +52 G/J +80 One at NY open. U/J +14 All trades used past 5 days average range.
Truckjrt Journal
- truckjrt replied May 18, 2009
5/14 Hammered again. My entry point is killing me. Moving it back again to midnight CDT, which is 6:00 GMT an hour before London open. If I am up I will wait until 1 am or 7 GMT. G/J -291 G/U 44 -247 Pips. No Trade on Friday. (may reconsider)
Truckjrt Journal
- truckjrt replied May 14, 2009
Any thoughts about using a 5 or 10 day Avg Trading Range instead of yesterday's range?
Daily Quarter method
- truckjrt replied May 14, 2009
10 pip buffer between buy SL and Sell order. and 10 between Sell SL and Buy order. I am thinking that it is worth it to help reduce any retracing.
Daily Quarter method
- truckjrt replied May 14, 2009
WOW. Timing can make all the difference. I moved my H/L and close back to 4:00 am GMT. I have had my G/J buy fill and close at -161. Since it closed now my sell has filled the pair retraced and is currently -64, but open. If I would have waited ...
Daily Quarter method
- truckjrt replied May 13, 2009
Day 4 — Because of my draw down I will only have two trades tonight. GBP/USD Buy @ 1.5181 SL 1.50578 TP 1.52432 Sell @ 1.50578 SL 1.51814 TP 1.4996 GBP/JPY Buy @ 145.169 SL 143.554 TP 145.976 Sell @ 143.554 SL 145.169 TP 142.747
Truckjrt Journal
- truckjrt replied May 13, 2009
Day 3 I got my ass handed to me. GBP/JPY -83 EUR/JPY -118 GBP/USD +50 down 151 for the day. What killed me wasn't the system but my emotions. I made 9 other trades that drew me down an additional $29.47. Current Equity $96.55
Truckjrt Journal
- truckjrt replied May 13, 2009
Someone please correct me if I am wrong, but you can't have opposite orders open at the same time. The rule doesn't apply to entries.
Daily Quarter method
- truckjrt replied May 13, 2009
just so I can keep up. The GMT +4 was when you calculated the H/L and Close correct?
Daily Quarter method
- truckjrt replied May 13, 2009
I have been using the highs and lows of my daily candle at FXCM. Which opens at 4 pm EST. I like this because the trading day is over and my work day is over. So I can set up any entries before I go home. Looks like I need to start my day when I go ...
Daily Quarter method
- truckjrt replied May 13, 2009
WOW i didnt get anywhere near the same results. gbp/jpy -80 (-160 buy +80 sell) gbp/usd +50 eur/jpy -116 (+28 Sell -142 buy)
Daily Quarter method