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Semi-Automated EA
An EA is being developed for this method, but until it's debugged here's a semi-automated method.
This may be employed anytime after EOD close and before London open.
You'll still have to use one of the calculators to determine the trigger points.
Use the attached EA and preset with 2 manually configured trend lines; only BuyA and SellA are available.
Make sure to specify the correct trendline length that corresponds to the recommended London session times.
You can play around with the StepUpper and StepLower settings as you like.
Use a shorter time frame, 15M or 30M.
I'm not going to explain it all here, it's already been done- just search the forum for "TrendMeLeaveMe".
EDITED 7/3: THIS DOES NOT WORK: Multiple trades in the same direction can occur.
Daily trading result Tuesday 3 JUL 2007
BUY STOP GBP/USD at(A)2.0161
take profit 2.0181
stoploss 2.0131
CLOSE LOSS -30 pips at
11.55 am GMT
Daily trading result Thursday 5 JUL 2007
SELL STOP GBP/USD at(A)2.0151
take profit 2.0131
stoploss 2.0181
CLOSE PROFIT +20 pips at
11.00 am GMT
Daily trading result Friday 6 JUL 2007
SELL STOP GBP/USD at(A)2.0114
take profit 2.0094
stoploss 2.0144
CLOSE PROFIT+20 pips at
11.17 am GMT
Daily trading result Monday 9 JUL 2007
BUY STOP GBP/USD at(A)2.0123
take profit 2.0143
stoploss 2.0093
CLOSE PROFIT +20pips at
9.30 am GMT
Daily trading result Tuesday 10 JUL 2007
BUY STOP GBP/USD at(A)2.0160
take profit 2.0180
stoploss 2.0130
CLOSE PROFIT +20pips at
2.10 am GMT
Daily trading result Wednesday 11 JUL 2007
BUY STOP GBP/USD at(A)2.0247
take profit 2.0267
stoploss 2.0217
DAILY20PIP ADVICE : BULLISH MARKET AHEAD
CLOSE 0 pip ORDER NOT TOUCHED till'
5.00 pm GMT
Daily trading result Thursday 12 JUL 2007
BUY STOP GBP/USD at(A)2.0330
take profit 2.0350
stoploss 2.0300
DAILY20PIP ADVICE : CHOPPY MARKET AHEAD
CLOSE PROFIT +20pips at
8.55 am GMT
Daily trading result Monday 16 JUL 2007
BUY STOP GBP/USD at(A)2.0343
take profit 2.0363
stoploss 2.0313
DAILY20PIP.COM ADVICE : WEAK UPTREND AHEAD
CLOSE PROFIT +20pips at
8.55 am GMT
Daily trading result Friday 13 JUL 2007
SELL STOP GBP/USD at(A)2.0290
take profit 2.0270
stoploss 2.0320
DAILY20PIP.COM ADVICE : WEAK DOWNTREND AHEAD
CLOSE PROFIT +20pips at
6.35 am GMT