NZDUSD — Anyone watching NZDUSD? May close below blue line for a short. Seems to have broken trendline as well. However, still 30 minutes to go. By the way Colostarr, 5 stars for this thread ! Thanks for sharing.

Simple Simon Balance Line Trading

Nice Titch !! May be, I get out too soon. Your new stop loss seems to be the right thing to do to capture more pips. Will take it into account for future trades. Thanks.

Simple Simon Balance Line Trading

Thanks for that Colostarr. Fully agreed. However, on this particular trade, the candle that close above blue line was at the same time breaking out from previous range. My feeling was that if the retrace penetrate strongly into the previous range, ...

Simple Simon Balance Line Trading

USDCHF — Out at +45pips, I feel that price may retrace following the strong move...

Simple Simon Balance Line Trading

Sorry, I was away from my computer. Just coming back to see the nice move on USDCHF . In fact, with my broker feeds, the candle that close above blue line was extremely bullish (see my previous chart). Will put stop now to BE and see how the trade ...

Simple Simon Balance Line Trading

Thanks Tiitch. Negative territory so far. If it doesn't bounce on previous resistance, will close the trade.

Simple Simon Balance Line Trading

I'm long USDCHF...

Simple Simon Balance Line Trading

Yes, thanks for that Titch. Playing the breakout here. Just demo trading, so let's see...

Simple Simon Balance Line Trading

Pending buy stop placed. Although I don't like it to so close to 0.84 round number... USDJPY has as well crossed, but I don't like current range bound move.

Simple Simon Balance Line Trading

USDCHF — What do you think of USDCHF? It is breaking out of range and shall probably close above balance line. JP

Simple Simon Balance Line Trading

Simple — Hi all, Nice and simple system. Subscribed. Thanks for sharing Colostarr ! JP

Simple Simon Balance Line Trading

Yes. Makes sense... I would however definitely use max drawdawn per month in my MM.

GBP/USD - one trade a day

Year 2001 — Hi Guys, I'm currently backtesting manually year 2001. So far, results are curiously very bad: up to August, only 2 positive months (10% and 3.5%). The other months stand between -10 and -18%. Will post detailled results once ...

GBP/USD - one trade a day

Hi Cgrey, Just finished to read the full thread. Very interesting! My understanding is that MM is the key point here and that you are playing with volatility surge occuring at London open. As such, it would be interesting to check if the inverse ...

GBP/USD - one trade a day

Many thanks ! USDJPY triggered for me at 88,9. Got stop out ! Let see next trade...

The Small Hours System V 3.0

USDJPY — Hi Colostarr, On the USD/JPY set up, I haven't the same calculation than yours (my entry would be 88.9) and my chart looks slightly different. Suppose because I'm not on GMT time. Is that important for the set up? Thanks. JP

The Small Hours System V 3.0

Colostarr, Your sharing and contribution have been GREAT! Please, reconsider if possible your decision as I learnt a lot through this thread and I'm sure other people (and myself) have still a lot to learn from you! JP

The Small Hours Simplified!

USDCAD — Set up on USDCAD for a sell: 1.5xATR=0.0042 HH5-LL5=0.0042 Sell trigger: 0.9842 (including 4 pips for spread). Stop loss: 0.9898 However, I've got one concern here: close ST support at 0.9830 / 0.9835. Would you wait in that case for ...

The Small Hours Simplified!

USDCHF — Colostarr, According to my calculations, set up on USDCHF would be the following: 1.5x ATR= 0,0035 HH5-LL5= 0,0034 Buy Stop=0,9748 Stop Loss=0.9702 TP1= 0,9774 TP2= 0,9801 (may be better to cut it to 0,9798) Is that correct ? Thanks!

The Small Hours Simplified!

Many thanks Colostarr! Anyway, I'm in (demo only!), let see how it goes (TP1 just reached +35 pip, 2nd trade at BE). Will monitor USDCHF at 12.00 candle close... I have a question however re stop loss and TP. With TP2 of 1.5xATR and stop loss ...

The Small Hours Simplified!