$TRILLION STRATEGY
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- Randolermo
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Need Some Validation TRO
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
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
- TheRumpledOne
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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.
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.
Please do NOT PM me with trading or coding questions, post them in a thread.
- Randolermo
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Setup times vs Daylight Saving
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
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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- Randolermo
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Need Some Help
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
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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