Hello, thanks to those who tuned in for the webinar. It was a tough trading session, overall made a some money however, I had to double on positions after losing some trades to cover up. No real breakouts that we traded during the first few hours of the London open. There were some nice setups later in the session but I was not trading at this time. Overall a profitable day but only made a couple of pips. The 1 minute chart would have been so much easier to trade.:33:
Which arrows do you mean? The solid arrows and the blue spots with sideways arrows come with the ZCOMFX trend indicator, and the empty arrows come with the EA. The empty arrows are the trade signals, do you want these to be made optional?
Also, where do you guys put the fibs? Maybe we can automate that too. Anything else that can be automated? I can try to make it happen on an if-I-can-spare-ten-minutes basis
That would be great Tonakka. Here is the FIb pull back EA we are working on. If we can combine the breakouts with the fib pull backs that would be awsome.
Here is the info. for the next webinar. I think we may try scalping the 1 minute so things stay exciting and we can practice with many setups. Im very confident we can bank 15-25 pips without issue in the 3-4 hours we trade.
thanks.
Please register for 1 Minute sclaping Forex Breakout / Fib Pullback on 12/06/12 11:00 PM at:
Hello, our 4th live trading webinar for the system traded on a live account during the EUR Session starting at 2am EST (New York). We will be scalping the 1 minute charts to make things more exciting
After registering, you will receive a confirmation email containing information about joining the webinar.
Brought to you by GoToWebinar®
Webinars Made Easy®
Here are the setups that we missed on the 1 minute chart while we were waiting on the 5 minute chart. I think we may have both charts open going forward to really see some action during our webinars.
hey blizzard great webinar last night… however we got unlucky with the range bound when we were live… i agree with you that 1 min was the better choice last night… i think when it ranges we should start scalping until theres a clear breakout on 5 min or even 15 min charts
Hi alphaace1, I totally agree. I felt I was forcing trades on the 5 minute chart instead we should have had the 1 min chart open to view potential trades. I think we will have both charts open going forward. I will ask the programmer for the EX4 file.
thanks and im sure the next session will be better with the 1 minute chart for entries along with 5 minute.
Here are the five minute setups much later in the session that we were not trading. This looks much better than the range early during the London. I will try to stay up a little later maybe from 2am-8am EST (New York) instead of 2am-5am EST (New York) to catch more of the active periods.
Boxed arrows are fib pullback entries at the 61-76% and the unbound arrows are the nice breaks.
i know what do you mean, thats why i use a system that can give me tons of signals,otherwise i tend to overtrading. Everytime you are going to open a new position, keep in mind:
overtraded account= dead account.
i have been trading usoil, but they seems to move toghetter. There the breakout/retracement i opened a few posts before on usoil. there was a clear pullback at the 161,8 fibo expansion, a breakout, and bearish candle formation… This one couldnt fail. +38 pips.
Thanks Blizard / Tonakka for working on this EA for us. It would be interesting if we could create a reliable automated trading platform from this strategy
thx, i hope we can make some pips on usoil tomorrow.
this week I have opened 3 positions on gold, 3 losses, but that looks good, if you are able to take a big breakout. I have tried too with CFDs, with more succes,trading esp35 for few pips, and this afternoon there was a 140 pips breakout at ita40, i posted the trade at the previos page. eur-usd breakouts at the same time, but no more than 30 pips.