TRO BUY ZONE - KEEP IT SIMPLE

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dchappy
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Thu Jan 15, 2015 5:01 pm

Pro ...pure buy zone ,nothing else..

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volnmar
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby volnmar » Thu Jan 15, 2015 5:45 pm

dchappy wrote:Another easy morning.....



do you draw that lines by hand? its not starting with open price at 9:30
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Fri Jan 16, 2015 6:20 am

Yes,I am drawing the lines.I am using the open price of the NY pit session ,because I am trading the currency on the futures side , rather than the spot market .

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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby volnmar » Fri Jan 16, 2015 8:19 am

dchappy wrote:Yes,I am drawing the lines.I am using the open price of the NY pit session ,because I am trading the currency on the futures side , rather than the spot market .


but on the last picture you posted, there is the open line which is drawn wrong, and thx to it you avoided to go long third bar after open... I used open price 9:30 your time 16:30 time on my charts +5 pips for long - 5 pips for short and I was hit with that long trade. After that I have seen you have different open price, so my question is: Can I somehow move open price to get better results or it was only luck and you just placed that open line wrong?
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Fri Jan 16, 2015 6:58 pm

Hmmmm... my chart opened @ 67 and never went higher than 71 .But to answer your question ,you can set your lines where you choose ,experiment to find the most profitable set .
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Fri Jan 16, 2015 7:08 pm

:smt006 OK , 2 weeks of buy zone trades and I think I averaged 13+ pips/day trading about 1 hr each day .I hope it has been a help to someone .If you are struggling ,give the buy zone a look .To is correct " you only need a horizontal line ". ...Good luck to all traders this year ....I'm planning some time off and may be back by summer\fall . ...........Chappy
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby volnmar » Mon Jan 19, 2015 1:14 pm

Is somebody here who can write script to place orders automatically? Place buyzone indicator with 60min period on m1 chart, set "iBuyZone1 and iBuyZone2" each new hour place buy and sell order on each side "iBuyZone1 " lines with SL on oposite buyzone line (fixed number pips).... TP si defined with "iBuyZone2" (also fixed number pips) Trader must only move SL during trading
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby aliassmith » Wed Jan 21, 2015 1:15 pm

dchappy wrote::smt006 OK , 2 weeks of buy zone trades and I think I averaged 13+ pips/day trading about 1 hr each day .I hope it has been a help to someone .If you are struggling ,give the buy zone a look .To is correct " you only need a horizontal line ". ...Good luck to all traders this year ....I'm planning some time off and may be back by summer\fall . ...........Chappy


are you marking 9:30 est on those charts?
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby dchappy » Wed Jan 21, 2015 5:23 pm

Yes sir ...
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Re: TRO BUY ZONE - KEEP IT SIMPLE

Postby aliassmith » Wed Jan 21, 2015 5:52 pm

dchappy wrote:Yes sir ...


thx i have a friend that is interested in that type
of trading.
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