Search found 76 matches

by alichambers
Thu Jul 03, 2008 9:44 am
Forum: TheRumpledOne
Topic: RSI divergence - nice on GBPUSD M1
Replies: 0
Views: 935
Gender: Male

RSI divergence - nice on GBPUSD M1

Hello, I'm always asking questions so thought I'd contribute something I found works quite well and is quite reliable. :D It's not new - it's RSI 8 divergence, and it's on the GBPUSD M1 chart - see below. http://chambers-media.com/keepme/rsi_divergence.jpg Look for lower lows or similar lows in pric...
by alichambers
Mon Jun 09, 2008 6:07 pm
Forum: TheRumpledOne
Topic: BuyZone - Order Entry speed questions
Replies: 4
Views: 1548
Gender: Male

BuyZone - Order Entry speed questions

Hi, I'm using the BuyZone on the YM and the GBPUSD and understand the method fine - so no repeat of questions about it here :) However, I must not be quick enough with the mouse at market open to enter a buy and a sell order, each with a TP and a SL. For the GBPUSD US Open (13:00 GMT) for example, y...
by alichambers
Tue May 27, 2008 1:37 pm
Forum: brokers
Topic: Ninjatrader and EFX group
Replies: 1
Views: 1330
Gender: Male

Ninjatrader and EFX group

Hello,

I am seriously considering using Ninjatrader to manage my charting and order entry for my EFX group account.

Is anyone using NT in this way with EFX group? - I trade short (2min, 4min) timescales on GBPUSD and am in/out in 5-10 pips.

thanks,
Alex
by alichambers
Fri May 23, 2008 2:24 pm
Forum: beginners forum
Topic: GBPUSD - could this be a news announcement?
Replies: 5
Views: 1589
Gender: Male

Thanks Pitboss. I've been using the "Calendar" link at Forex Factory to monitor for news announcements. However, which of the news announcements do I use to stay away from the market? For example on May 22nd, USD had announcements 8.30am, 9am, 10.05am, 10.30am - but it only seems to be the...
by alichambers
Thu May 22, 2008 4:39 pm
Forum: beginners forum
Topic: GBPUSD - could this be a news announcement?
Replies: 5
Views: 1589
Gender: Male

Thanks Ed. I'll check that site.

I always use stop losses - although reckon I'll stay out completely when the news is due. The market may move too fast for the SL to be triggered when you need.

Alex
by alichambers
Thu May 22, 2008 9:27 am
Forum: beginners forum
Topic: GBPUSD - could this be a news announcement?
Replies: 5
Views: 1589
Gender: Male

GBPUSD - could this be a news announcement?

Hello - I was watching the GBPUSD this am. I am UK based, so times on chart below are GMT (1 min timescale): http://www.chambers-media.com/fxrise.png I was looking at short trades around 9:15am (black circled area), then at 09:30 saw a huge rise with three green candles (red circled). If I was short...
by alichambers
Tue May 20, 2008 4:03 pm
Forum: statistics
Topic: FX Hourly range by time of day
Replies: 6
Views: 3058
Gender: Male

Brilliant - thanks all.

Alex
by alichambers
Mon May 19, 2008 10:06 am
Forum: statistics
Topic: FX Hourly range by time of day
Replies: 6
Views: 3058
Gender: Male

FX Hourly range by time of day

Hello, I just have to say this site is fantastic. I only visit every few weeks ( :oops: ), but learn something new everytime. Good work everyone. My question is around hourly (H-L) range stats for FX pairs. I live in the UK and am trying to find when the major pairs (eg: GBPUSD) are most active and ...
by alichambers
Sat Mar 15, 2008 12:06 pm
Forum: strategy trading & money management
Topic: Optimisation of trading strategies
Replies: 6
Views: 2397
Gender: Male

Hi Ed, Thanks. I'm finding that by optimising for highest account value, I go through long periods of drawdown, then a small % of trades make a killing (eg: 46% wins, 2:1 Win to Loss ratio overall). This is not what I'm looking for. I'd like to try and smooth out the equity curve to give more of a b...
by alichambers
Fri Mar 14, 2008 3:07 pm
Forum: strategy trading & money management
Topic: Optimisation of trading strategies
Replies: 6
Views: 2397
Gender: Male

Optimisation of trading strategies

Hello,

Does anyone use other Optimisation statistics to rank optimisations by?

For example, instead of using raw profit gained, does anyone use Win:Loss Ratio or Risk:Reward ratio - and what are your opinions.

Thanks,
Alex

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