$TRILLION STRATEGY

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BP
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Postby BP » Mon Feb 26, 2007 3:46 pm

No, not using SRDC...those were all as close to the close that I could get from Friday, but entering on Sunday.

If I was using SRDC, I would be putting in Buy stop and sell stop orders at the high and the low of the previous day.

With $Trillion, as I understand it, I am entering based on the previous day's candle, bull candle means a buy at the close position. Bear candle means a sell at the close position.

That is how I understand it. I was a couple pips off because of movement on sunday before I got in...so that is why I had the loss on GBP.

BP

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pipette4x
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Postby pipette4x » Mon Feb 26, 2007 5:17 pm

BP wrote:No, not using SRDC...those were all as close to the close that I could get from Friday, but entering on Sunday.

If I was using SRDC, I would be putting in Buy stop and sell stop orders at the high and the low of the previous day.

With $Trillion, as I understand it, I am entering based on the previous day's candle, bull candle means a buy at the close position. Bear candle means a sell at the close position.

That is how I understand it. I was a couple pips off because of movement on sunday before I got in...so that is why I had the loss on GBP.

BP


That's how i understnad SRDC also.

I waited for the sunday to close on IBFX then did my trade. I didn't trade off of friday because there was a gap, and then price spiked up so at that point i chose to pass and wait for sunday's candle.

I currently only trade the gbp with this method but will start working with all 4 pairs.

BP
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Postby BP » Mon Feb 26, 2007 7:37 pm

TRO,

Question on when to enter over the weekend....

Basically, you do not trade on Sunday, and wait for Monday 7pm EST for that candle to close before you would enter for the week?

Also, that means you would only trade 4 days of the week? Am I understanding that correctly?

Thanks,

BP

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Postby TheRumpledOne » Mon Feb 26, 2007 9:27 pm

$TRILLION

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby TheRumpledOne » Mon Feb 26, 2007 9:30 pm

BP wrote:TRO,

Question on when to enter over the weekend....

Basically, you do not trade on Sunday, and wait for Monday 7pm EST for that candle to close before you would enter for the week?

Also, that means you would only trade 4 days of the week? Am I understanding that correctly?

Thanks,

BP


You wait for the trade to appear. You may get more that 4 trades per week.

I am have only 4 days worth of $TRILLION entries, but that's plenty. I trade other strategies, too.

My "daily" candles start at 3:58 PM EST not 7 PM EST.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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pipette4x
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Postby pipette4x » Mon Feb 26, 2007 10:27 pm

TheRumpledOne wrote:
BP wrote:

My "daily" candles start at 3:58 PM EST not 7 PM EST.


We could choose any 24 hour period to define our daily candle if we so chose

BP
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Postby BP » Tue Feb 27, 2007 12:41 am

Thanks Pipette and TRO....

So, what charting platform can we use to choose any 24 hour period? Right now I am on an MT4 platform and I have to wait for it to close at 7pm EST....

Thanks guys. Also, TRO....do you use other trading sessions to determine other daily candles? For example, the Euro session close, the British Close, the Asian close?

Thanks for the info!!!!

BP

BP
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Postby BP » Tue Feb 27, 2007 12:43 am

Ok...so today here were my entries....

GBP sell @ 9629
Euro buy @ 3184
JPY sell @ 120.58
CHF sell @ 2295

So far....all have closed for a profit except for GBP....

BP

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Postby pipette4x » Tue Feb 27, 2007 1:14 am

BP wrote:Thanks Pipette and TRO....

So, what charting platform can we use to choose any 24 hour period? Right now I am on an MT4 platform and I have to wait for it to close at 7pm EST....

BP


Hey BP,

I use MT4 but what you can do is draw a line for any 24 hour period and look at the slope to determine if bear or bull candle. So Tro's platform uses ~ 4pm est as the start of a new day. so draw the open from the 4pm candle 24 hours prior to the open of today's 4pm candle and there's your 24 hour candle with the open/close indication,. doing that would have been a long on IBFX which would have yielded 10 pips also. How interesting, since the daily candle closed bearish for IBFX.

You got better prices than me today. i'm still open on the euro and chf.

What time did you get into your trades? i was a little late to the table, family dinner got in the way!

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Postby pipette4x » Tue Feb 27, 2007 2:09 am

BP wrote:Ok...so today here were my entries....

GBP sell @ 9629
Euro buy @ 3184
JPY sell @ 120.58
CHF sell @ 2295

So far....all have closed for a profit except for GBP....

BP


what time did you enter the trades in est?

thanks

Pipette

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