Yeah, the 1hr bollinger crossover system!
heheh - there is a new york opening strategy called big dog but I donāt know how successful it is - itās not based on any price action per se but you could adapt it maybeā¦
[B]The GU 63ma priceline 5m 20:1,5:1 Bolli Bounce Strat[/B]ā¦
Thatās what GU is doing since 13:00EDTā¦giving out plenty of opportunities for quick pips.
Itās not the first time GU is doing this.
PS: Iām still inā¦GU longā¦ EDIT: I bailed outā¦1.6538 got broken.
Iāve been trying that on my demo acct. but obviously I donāt know what Iām doing.
TalonD
Iām going to start playing around and try to work up an Asian breakout strategy combining the bolls band, 1m or 5m with the same type of swing high/low trend lines used in the London Breakout-1
There isnāt much PA during the Asian session but at the same time, itās not completely dead. I have a hunch at least 3 nights a week thereās enough PA with EU to dig out two or three 10 pip T/P trades per session. Maybe some of the JPY and AUD pairs too,
Also have to find out more about the Tokyo currency fix, that might be a time to target. I have a new appreciation for ālittle pipsā and digging some out 2-3 evening a week would be sweet, also beats watching most of the sh*t on TV!
Iāll start spinning back through the charts and let you know what I find.
What you donāt like reruns? :rolleyes:
If we could get the market to rerun the charts we all could get the BIG pips.
looking forward to what you come up with D-Pip
ahh if only I could get time dilation to work in reverseā¦ will have to work on that.
Here is one that might get some of my experimental trades back on track
By jcgibson at 2009-10-29
John
We donāt see things as they are, we see things as we are.
Anais Nin
[B]TalonD[/B]
Whyā¦? The specifics how to trade it has been posted in detail a couple of pages back.
The ātunnel of 5ā concept aka 1:5 BB by itself combined with 1:20,2:20 is almost foolproof so to speak.
You need to follow the rules as suggested mind you.
I definately need to go back and re-read
Today looks like one of those 5min boll bounce days.
Price is trying to break out but doesnāt seem to be getting anywhere.
Itās those major daily S/R lines RC mentioned. Thatās where GU is stucked again and bouncing around.
wish I could hedgeā¦ almost know what Iām doing nowā¦
nazi futures association hmmpf !
ā¦1:5,1:20 on 5m/15m Bolli Bounces takes care of that.
1/ 2 accounts, split account size proportionately.
2/ UK account.
Cas I think I got it figured out. Although I made a bonehead trade going short near the bottom because the MAs were headed that way, but when price went back up I had the confidence to wait for it to come back down to me. Could have hedged though and felt a little better about it.
I like number 2. UK account. Need to wait till I build up out of my micro account size first though. then FXCM UK
There are those that offer micro accounts too, in fact I thought they all did?
Today has been an absolutely excellent day for that - the trick is in picking the days though. The RR on trades placed at the 20:2 with stop at the 20:3 is very good.
I agree.
The longer the 1h candle wicksā¦the better the Bolli Bounces.
More wicked 1h candles means more Bolli Bounces.
Yeah, FXCM UK has micro accounts, thatās what I have. The only drawback is you canāt trade your microlots off MT4. You can still use MT4 from FXCM for charting, but need a mini or standard to place trades through it. In any case, I prefer FXCMās Trading Station platform over MT4, anywayā¦
I thoght FXCM micro was still US based. Iāll check it out.