I like your system. Thank you for sharing it with us.
I’m a little confused as to the signals. For example,
the 7am EU/US trade. If the 6.30 candle closes up,
this indicates a short trade at 7.00
By closes up, do you mean if the candle is green when
it closes or do we take the body of the candle into
consideration?
Yes, I’m a real novice!
Thanks again
Hey tradetilidie,
Any chance you could add the expiration of a trade in hours, instead of at a specific time?
Example, the 7am EUR/USD short is open for four hours, etc.
Its purely open close system…
so if price closes higher than the open of the bar i.e up bar then you sell on next bar… ignore how big etc the candle…
Thanks for the post tdx63,
These trades on based solely on time and price action combinations. When I refer to “up closes” it simply means that the 30-minute bar’s close was greater than its open, and the opposite holds true for down closes.
For these trades specifically, we do not take into account the real body, wick, or any other attribute of the candle other than an indication that the price was closed a certain level as compared to the opening price.
Hopefully this helps! 
Good morning all,
Hopefully you were able to be profitable during both the up and down swings during the overnight session :).
The conditions did not line up for the 7am EUR/USD short trade this morning. Next trade: the 9:30am GBP/USD long trade.
Thanks fore the post M14X,
If this helps anyone, I am certainly happy to offer it. Here is a breakdown of all the trades entry/exit times in those terms:
[B]7am EUR/USD short trade:[/B]
Entry Time: 7am CST
Exit Time: 11am CST
Max Trade duration: 4 hours (8 bars)
[B]9:30am GBP/USD long trade:[/B]
Entry Time: 9:30am CST
Exit Time: 6:30pm CST
Max Trade duration: 9.5 hours (19 bars)
[B]12:30pm GBP/USD long trade:[/B]
Entry Time: 12:30pm CST
Exit Time: 3:30pm CST
Max trade duration: 3 hours (6 bars)
[B]3pm GBP/USD long trade:[/B]
Entry Time: 3pm CST
Exit Time: 7:30pm CST
Max trade duration: 4.5 hours (9 bars)
[B]AU open EUR/USD short trade:[/B]
Entry Time: 4pm CST
Exit Time: 7:30pm CST
Max trade duration: 3.5 hours (7 bars)
Hopefully this helps!
Hi Tildie,
Thanks for the really helpful posts and system which I have been following on demo for a while. That last post if you could combine it with the s/l and TP for each trade would make the perfect print-out to keep by my pc to help me remember what to do
Many thanks in advance and please keep up the good work.
The conditions lined up for the 9:30am GBP/USD long trade. Here is the setup:
Entry Price: 1.5623
Exit: at the open of the 6:30pm CST bar
S/L: 1.5583
TP: 1.5643
Happy trading!
Not a problem. Please see below:
[B]7am EUR/USD short trade:[/B]
Entry Time: 7am CST
Exit Time: 11am CST
Max Trade duration: 4 hours (8 bars)
S/L: .0060
TP: .0020
[B]9:30am GBP/USD long trade:[/B]
Entry Time: 9:30am CST
Exit Time: 6:30pm CST
Max Trade duration: 9.5 hours (19 bars)
S/L: .0040
TP: .0020
[B]12:30pm GBP/USD long trade:[/B]
Entry Time: 12:30pm CST
Exit Time: 3:30pm CST
Max trade duration: 3 hours (6 bars)
S/L: .0030
TP: .0010
[B]3pm GBP/USD long trade:[/B]
Entry Time: 3pm CST
Exit Time: 7:30pm CST
Max trade duration: 4.5 hours (9 bars)
S/L: .0026
TP: .0010
[B]AU open EUR/USD short trade:[/B]
Entry Time: 4pm CST
Exit Time: 7:30pm CST
Max trade duration: 3.5 hours (7 bars)
S/L: .0030
TP: .0010
Hopefully this helps!
Many thanks for your reply, Tradetilidie and also Darkstonexa. That’s cleared up in my mind now.
No problem, glad I could be of help
Sorry for the late update folks,
The conditions did not line up for the 12:30pm GBP/USD long trade, or the AU open EUR/USD short trade today. However, the conditions did line up for the 3pm GBP/USD long trade. Here was the setup:
Entry Price: 1.5607
Exit: at the open of the 7:30pm CST bar
S/L: 1.5577
TP: 1.5617
We are still in that and the 9:30am GBP/USD long trade currently. We will exit the 9:30pm GBP/USD long at 6:30pm CST if it does not reach TP or S/L.
The 9:30am GBP/USD long trade did not reach TP or S/L today. We are still in the 3pm GBP/USD long trade until 7:30pm CST.
The 3pm GBP/USD long trade reached TP. Here is how the trade played out:
Entry Price: 1.5607
Exit Price: 1.5617
Trade length: 8 bars
Profit: 10 pips ($100)
That’s all for today’s trading. Good luck in the overnight session and I will update the board in the morning!
Good morning all,
The conditions lined up for the 7am EUR/USD short trade this morning, but price action moved too quickly to get into the trade. Unless you are placing these trades using some sort of automated system, you likely missed entering the trade due to the 100+ pip spike in the opening seconds of the EUR/USD this morning. If you did miraculously enter the trade and place the correct stop/limit before the spike, then your trade will have been stopped out (literally within about 1-2 seconds of entering the trade).
Based on this type of volatility, I recommend extreme caution in trading today.
Next trade: the 9:30am GBP/USD long trade.
The conditions lined up for the 9:30am GBP/USD long trade this morning. Here is the setup:
Entry Price: 1.5779
Exit: at the open of the 6:30pm CST bar
S/L: 1.5739
TP: 1.5799
Happy trading!
The 9:30am GBP/USD long trade was stopped out. Next trade: the 12:30pm GBP/USD long trade.
Sorry for the late update folks, but the conditions lined up for the 12:30pm GBP/USD long trade today and it reached TP. Conditions also lined up for the 3pm GBP/USD long trade. Here is the setup:
Entry Price: 1.5686
Exit: at the open of the 7:30pm CST bar
S/L: 1.5660
TP: 1.5696
Happy trading!
The conditions lined up for the AU open EUR/USD short trade. Here is the setup:
Entry Price: 1.3445
Exit: at the open of the 7:30pm CST bar
S/L: 1.3485
TP: 1.3435
We are also still in the 3pm GBP/USD long trade until 7:30pm CST.
Alright, both the 3pm GBP/USD long and the EUR/USD AU open short trades reached TP. Here is how the trades played out:
3pm CST
Entry Price: 1.5686
Exit Price: 1.5696
Trade length: 8 bars
Profit: 10 pips ($100)
AU open
Entry Price: 1.3445
Exit Price: 1.3435
Trade length: 2 bars
Profit: 10 pips ($100)
That’s all for the day friends. Have a great evening and I will update the board in the morning