welcome aboard.

Sedona- A system for inactive hours

I think the answer to that might be using a charting system rather than Oanda's charts.

Sedona- A system for inactive hours

In the first post I wrote that the idea came from Boris' book, but I have changed it a lot. Neither the time frame nor the RSI setting is his and I used EMA62 which he didn't. He mentioned in his book that this idea was not his and he borrowed it ...

Sedona- A system for inactive hours

It was a bit tricky yesterday. I used the data for two different platforms (Oanda and NF) and the wick of the news candle made the difference. On NF here are the Hi and Lo and the entries (The one I used): H: 239.59 L: 238.74 sell @ 239.42, 239.51 & ...

Sedona- A system for inactive hours

On Fridays I close all open positions at 1500 EST, as my broker's spread widens after this time.

Sedona- A system for inactive hours

And this weeks results: +38 pips on GJ as the average of three positions. If I want the results to be more "eye catching" (!) I can say +88 pips as the total sum of the positions. Just 1 third position we have and 2 days with no trade. Not a bad ...

Sedona- A system for inactive hours

Thanks Steve, It is useful. Good job

Sedona- A system for inactive hours

Nice pips. Keep 'em

Sedona- A system for inactive hours

Good idea, I have to test it

Sedona- A system for inactive hours

This is the very same thing I do. I cancel not triggered positions as soon as TP is hit.

Sedona- A system for inactive hours

A buy trade would pay off nicely on GJ but I didn't take it as it was against the rules (no OS). Violating the law might makes profits in a trade or two but it causes loss in long run. We can only take short trades today

Sedona- A system for inactive hours

I was not around yesterday. We had a profitable trade on cable (finally ) and a no-trade on GJ.

Sedona- A system for inactive hours

The worst case is gaining pips while violating the rules. Then it would be your second nature to violate the rules and then, boom! I would appreciate it if you do a backtest and see if it is a good idea to let the positions run in Asian market. For ...

Sedona- A system for inactive hours

I am not sure if take this trade or not as the price traveled down to 2 pips over the EMA without triggering any positions and now is in its way back up. As I am suspicious, I am going to cancel my orders and call today a no-trade day. There is ...

Sedona- A system for inactive hours

Actual low.

Sedona- A system for inactive hours

Because st the highest point, the price was OB and then pushed down by bears so a stronger resistance in my opinion

Sedona- A system for inactive hours

Not sure, I have the low of 238.90 w/ OS and 238.73 as the min.

Sedona- A system for inactive hours

As we are looking for a high probability trade, I prefer to only go short

Sedona- A system for inactive hours

Thanks for sharing. I'd rather enter at three steps instead of one to reduce the risk

Sedona- A system for inactive hours

Everything closed at 238.68 or so. Thus we made: +2, +13 and +24 pips (including 6 pips of spread)

Sedona- A system for inactive hours