http://www.prophet.net/learn/loadbook.j ... sion=books
I usually find them in the BARGIN BIN SECTION.
Almost any beginner book will do.
Any book with ELECTRONIC DAY TRADING in the title.
$TRILLION STRATEGY
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TheRumpledOne wrote: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.
Hi: Avery
Thanks for the trillion strategy.
if the day + the last hour candle is green do you enter a market buy order at the open of the new day candle or you have a number of pips you wait for the new candle to rise ( Example close +5 ) and then you enter the buy at close + 5 pips ?
Now in regards to SL you are right no sugestions but peaple would like to know what you use for you trillion trading ?
Thank you very much
Heppy and succesfull trading !!!!!!!!!!!!!!!
TheRumpledOne wrote:http://www.prophet.net/learn/loadbook.jsp?LoadPage=http://www.invest-store.com/cgi-bin/prophetfinance-bin/home.cgi?division=books
I usually find them in the BARGIN BIN SECTION.
Almost any beginner book will do.
Any book with ELECTRONIC DAY TRADING in the title.
TRO I was hoping that you would have recommended a specific book.
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Greetings all,
I'm new here to the Kreslik Forums, but this strategy has already caught my eye as I have been attempting to trade the various Forex pairs for a few months now with little success. I thought I'd give this a shot, so I will document my trades (not for real, yet) here.
A little info, I'm on the east coast and currently use InterbankFX as my broker/data feed. Their market feed is 4 hours ahead (GMT w/o daylight savings?), so NY close is at 20:00 on the charts. Hopefully I've set this right, I think you guys will be able to tell based on the numbers posted below.
TP: 10
SL: 8
USD/JPY - Closed 121.33 on red candle. TP - 121.23; SL - 121.41. Would have lost out on this as price whipped as high as 121.48 before plunging.
USD/CHF - Closed 1.2274 on green candle. TP - 1.2284; SL - 1.2266. Would currently still be an active trade with price at 1.2279, only going as low as 1.2271.
EUR/USD - Closed 1.3425 on red candle. TP - 1.3415; SL - 1.3435. Closed trade, +10 pips.
GBP/USD - Closed 1.9853 on red candle. TP - 1.9843; SL - 1.9861. Closed trade, +10 pips.
So, -8, +10, +10, with one still open. +12 overall.
edit: USD/CHF went for +10 as well, so +22 overall.
I'm new here to the Kreslik Forums, but this strategy has already caught my eye as I have been attempting to trade the various Forex pairs for a few months now with little success. I thought I'd give this a shot, so I will document my trades (not for real, yet) here.
A little info, I'm on the east coast and currently use InterbankFX as my broker/data feed. Their market feed is 4 hours ahead (GMT w/o daylight savings?), so NY close is at 20:00 on the charts. Hopefully I've set this right, I think you guys will be able to tell based on the numbers posted below.
TP: 10
SL: 8
USD/JPY - Closed 121.33 on red candle. TP - 121.23; SL - 121.41. Would have lost out on this as price whipped as high as 121.48 before plunging.
USD/CHF - Closed 1.2274 on green candle. TP - 1.2284; SL - 1.2266. Would currently still be an active trade with price at 1.2279, only going as low as 1.2271.
EUR/USD - Closed 1.3425 on red candle. TP - 1.3415; SL - 1.3435. Closed trade, +10 pips.
GBP/USD - Closed 1.9853 on red candle. TP - 1.9843; SL - 1.9861. Closed trade, +10 pips.
So, -8, +10, +10, with one still open. +12 overall.
edit: USD/CHF went for +10 as well, so +22 overall.
Last edited by gunslinger on Fri May 25, 2007 1:37 pm, edited 1 time in total.
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Level II
TheOne wrote:Hi TRO,
Could you recommend to me a good book on level II trading.
Thanks.
Check out this pdf I found while "googlin'"
http://www.londonstockexchange.com/NR/rdonlyres/3FC14A1A-F599-4308-8900-115DC8A0D594/0/GuidetoLevel2.pdf
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