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Daily result Wednesday 11 April 2007
BUY STOP GBP/USD at(A)1.9716
take profit 1.9736
stoploss 1.9686
CLOSE 0 pip ORDER NOT TOUCHED
Daily result Thursday 12 April 2007
SELL STOP GBP/USD at(A)1.9736
take profit 1.9716
stoploss 1.9766
CLOSE 0 pip ORDER NOT TOUCHED
at what exact time do you check for 1h candle to close above/below gbp filter?
it's the 1h candle that goes from 6am - 7am GMT?
at what exact time do you check for 1h candle to close above/below gbp filter? it's the 1h candle that goes from 6am - 7am GMT?
Hi folks
First of all i would like to say thank you to paijo for his nice trading system.as i am some a newbie in forex trading so i need to have a clear veiw and rules fro trading.i have read all about 20pip system (here in TSD and in his own web site and froum)the rules looked clear to me and then i wanted to backtest it manually from year up to now 2005 but the result was awefull.so i decied to reviwe the rules but there was no diffrence.by the way i checked out paijolopez's result from past(which are posted in his web site)and i found out that i had done almost all wrong.thus here my problem appeared
the rules are simple and clear but my signals are diffrenr from his. i have made some screen shots that show the diffrences between the signals that rules has produced and the signals pijamalopez has booked.
i will post the pics. soon
i would be delighted if paijolopez would clarify these points and solve my problem.
P.S:
i did not mean to argue about the system and negate anything just a simple question from a newbie.
with all best regards
at what exact time do you check for 1h candle to close above/below gbp filter? it's the 1h candle that goes from 6am - 7am GMT?
only The candle at 6 am,
Hi folks
First of all i would like to say thank you to paijo for his nice trading system.as i am some a newbie in forex trading so i need to have a clear veiw and rules fro trading.i have read all about 20pip system (here in TSD and in his own web site and froum)the rules looked clear to me and then i wanted to backtest it manually from year up to now 2005 but the result was awefull.so i decied to reviwe the rules but there was no diffrence.by the way i checked out paijolopez's result from past(which are posted in his web site)and i found out that i had done almost all wrong.thus here my problem appeared
the rules are simple and clear but my signals are diffrenr from his. i have made some screen shots that show the diffrences between the signals that rules has produced and the signals pijamalopez has booked.
i will post the pics. soon
i would be delighted if paijolopez would clarify these points and solve my problem.
P.S:
i did not mean to argue about the system and negate anything just a simple question from a newbie.
with all best regardshello mimi, thanks for your interest with this simple strategy, I will happily discuss this strat with you, but before you go please check my setting to avoid any mistaken, I have enter trading at 6 am GMT since end of march 2007, I use FXDD MT4 to generating OHLC for BUY SELL area, and I'm doing live trade at Real trade MT4, then last but not least, please take a notice with LIMIT or STOP order, because it very critical for the WIN/LOSS result with this methode, and FYI I have started this project since the end of November 2006, and maybe the backtest result that you have check back to 2005 have negative result, it could be happen because I haven't do backtest, just straight live test till now. cheers
Daily result Thursday 12 April 2007
SELL STOP GBP/USD at(A)1.9736
take profit 1.9716
stoploss 1.9766
CLOSE 0 pip ORDER NOT TOUCHEDcould you please post a picture of your 1h cable chart with gbp filter pointing which candle did you consider for setting a short order?
only The candle at 6 am,
hi
at 6:00 am GMT u check the candle ok.
but how we can find the type of order by the candle.
i mean:
the candle should be closed above the filter?
the candle should be open above the candle.
i the candle should be in one side of the filter?
u wait for the candle to be closed or exactly at 6 u place u r order?
thx
P.S:
some pics would be grate help for us.plz attach some pics.
thx
also i ahve made a new topic in your froum about this here is the link
http://daily20pip.com/forum/viewtopic.php?p=341#341
hi
at 6:00 am GMT u check the candle ok.
but how we can find the type of order by the candle.
i mean:
the candle should be closed above the filter?
the candle should be open above the candle.
i the candle should be in one side of the filter?
u wait for the candle to be closed or exactly at 6 u place u r order?
thx
P.S:
some pics would be grate help for us.plz attach some pics.
thx
also i ahve made a new topic in your froum about this here is the link
http://daily20pip.com/forum/viewtopic.php?p=341#341just use the open candle that crossed or touch the GBP filter Line at 6 am GMT, okay mimi I will check at my forum and I will try to answer your question,
Daily result Friday 13 APRIL 2007
BUY STOP GBP/USD at(A)1.9795
take profit 1.9815
stoploss 1.9765
CLOSE PROFIT +20 pips at 4:45 pm GMT