Trading EUR/USD Daily Hi & Lo

Discussion in 'Forex' started by JSSPMK, Jan 12, 2010.

  1. cedric

    cedric

    This is useful. Thanks for taking the time to explain.

    I would like to codify this. How are you defining your cycle and accumulation/distribution periods? Is it a simple MACD which you showed earlier in the thread?

     
    #131     Jul 12, 2010
  2. JSSPMK

    JSSPMK

    Long 1,075.5 @ £15 point

    Reverse order 1,063.25 @ £30 point
     
    #132     Jul 12, 2010
  3. JSSPMK

    JSSPMK

    A/D=congestion zones like wedges/pennants/triangles/horizontal channels, flags. Basically narrow range. I also use MACD histogram patterns that gradually decline or rise to the centerline, as they are a good indication of either weakening or strengthening price action. What's more important is that when histogram does that suggests increasing volatility which expands trading range.
     
    #133     Jul 13, 2010
  4. JSSPMK

    JSSPMK

    Covered +219 pips (+£438)
     
    #134     Jul 15, 2010
  5. JSSPMK

    JSSPMK

    Closed +18.5 points (+£277)
     
    #135     Jul 15, 2010
  6. JSSPMK

    JSSPMK

    New ES range 1083.5 - 1099 @ £15 point. Range taken from yesterday. We are above 50 MA.
     
    #136     Jul 15, 2010
  7. ammo

    ammo

    nice trade jss, so now you get long or short above or below these levels?
     
    #137     Jul 15, 2010
  8. JSSPMK

    JSSPMK

    Buy Hi, sell lo, TY!
     
    #138     Jul 15, 2010
  9. JSSPMK

    JSSPMK

    Short 1083 @ £15 point

    Reverse order 1099 @ £30 point
     
    #139     Jul 15, 2010
  10. JSSPMK

    JSSPMK

    Current results:

    -85 pips/-£127.5 @ £1.50 per pip

    +355 pips/+£1,065 @ £3 per pip

    -120 pips/-£120 @ £1 per pip

    +277 pips/+£554 @ £2 per pip

    -165 pips/-£165 @ £1 per pip

    -117 pips/-£234 @ £2 per pip

    -172 pips/-£688 @£4 per pip

    -132 pips/-£1,056 @ £8 per pip

    -220 pips/-£3,520 @ £16 per pip

    +420 pips/+£13,440 @ £32 per pip

    +487 pips/+£974 @ £2 per pip

    -116 pips/-£232 @ £2 per pip

    +215 pips/+£860 @ £4 per pip

    -106 pips/-£212 @ £2 per pip

    -128 pips/-£512 @ £4 per pip

    +328 pips/+£656 @ £2 per pip

    +15 pips/+£30 @ £2 per pip

    -25 points/-£375 @ 15 per point (ES)

    -28 points/-£840 @ £30 per point (ES)

    +39.75/+£2,385 @ £60 per point (ES)

    +18.5 points/+£277 @ £15 per point (ES)

    +219/+£438 @ £2 per pip


    Win/Loss: 46/54

    ROI: +63%
     
    #140     Jul 15, 2010