$TRILLION STRATEGY

trading strategies and money management discussion, code, results

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zeller4
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Postby zeller4 » Thu Jun 07, 2007 9:43 pm

Probably playing the "blues"!

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Randolermo
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Need Some Validation TRO

Postby Randolermo » Sun Jun 10, 2007 4:59 am

I've been testing the $Trillion Strategy this week resulting in 8 winners and 7 losers. I know a week does not make a trend but I was wanting some validation of what I'm doing to make sure I'm not missing some key element. :)

Basically, at one hour before NY close, I graph previous day to get candle green/red view. If green or red, I simply make buy(green) or sell(red) at current price with T/P of 10 pips and S/L of 10 PIPs. That's it. I don't look any other indicators. Should I?

TRO, I appreciate any feedback.

Rando

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TheRumpledOne
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Postby TheRumpledOne » Sun Jun 10, 2007 2:21 pm

Rando:

Use current day's candle, NOT previous day's candle.

Also, once you enter the trade, if you show PROFIT, be prepared to exit with less than 10 pips. You can always reenter the trade.

S/L is better at 7 than at 10. Use the money management matrix to determine if your TP and SL are profitable at the win rate you are experiencing.
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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Randolermo
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Postby Randolermo » Sun Jun 10, 2007 7:23 pm

TheRumpledOne wrote:Rando:

Use current day's candle, NOT previous day's candle.



I'm actually I should have said previous 24 hours so I think I'm okay.

Thanks for the other tips. I'll keep testing before I go live in July.

Rando

MR01
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Setup times vs Daylight Saving

Postby MR01 » Mon Jun 11, 2007 11:49 am

TRO,
Need a bit of clarification on the 3:58 am starting time please.

Checking your day start time with a time convertor & realised that you've currently got EDT in the USA instead of EST.
I'm trying to ensure I get the right time for the start of the day over here in Australia, so 4am EDT is 6pm Melbourne time, but EST is 7pm Melbourne time, pls advise which you're using to set your open & close times for the top & bottom of the candle.

Also, this is either right on the UK open or 1hr after, is this the reason for using this time i.e. pick the major 'travel' times of the day?? Just curious.

Thanks
Mark

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TheRumpledOne
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Postby TheRumpledOne » Mon Jun 11, 2007 9:59 pm

It's one hour and two minutes before the NY Close or Sydney open.

I picked this time by "mistake". It worked so I never "fixed" it.
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.

MR01
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Postby MR01 » Tue Jun 12, 2007 3:55 am

Oh boy oh boy oooooh boy.....I'd read 3:58 Pm (or 15:58) read it so many times, but each time wrote it as 3:58 AM (or 03:58) thanks for being gentle on a real mutt mistake TRO

Time to start looking again, I know what I'm doing tonight when I get the kids off to bed !

Cheers
Mark

MR01
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Postby MR01 » Tue Jun 12, 2007 3:57 am

Don't know how the smileys got in there...definitely not a cool moment.....was trying to highlight the AM vs. PM mistake I'd made

BP
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Postby BP » Tue Jun 12, 2007 6:30 pm

TRO,

Happy Birthday!! missed you in paltalk...was gonna be my first day!!

Anyway, what is your most profitable system?

Thanks,

BP

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Randolermo
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Need Some Help

Postby Randolermo » Tue Jun 19, 2007 10:20 pm

I must be doing something wrong.

I check the candle for currency pairs for the last 24 hours at just before 4PM NY time. If green, I buy and if red, I sell.

My results are now less than 50% wins over 20+ trades. :(

Am I missing something :?:

Rando

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