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"Xenon" System, trading with 1min Chart.
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Medlem sedan Mar 01, 2012 173 poster
Steve Walker (xenon)
Mar 28 2012 at 10:41
basicly it is making to many moves but taking no distance!
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Trade The Trend, Defend To Price.
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Medlem sedan Mar 01, 2012 173 poster
Steve Walker (xenon)
Mar 28 2012 at 10:43
notice the 5 min chart bars small candles and big High Lows!
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Trade The Trend, Defend To Price.
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Medlem sedan Mar 01, 2012 173 poster
Steve Walker (xenon)
Mar 28 2012 at 10:54
EU coiled around 1.3350
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Trade The Trend, Defend To Price.
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Medlem sedan Mar 01, 2012 173 poster
Steve Walker (xenon)
Mar 28 2012 at 16:36
today I had %4.50 up. traded only EU and waited until market get enough liquid which was after US open.
stop for today. also coded some more points to indicate. walker
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Trade The Trend, Defend To Price.
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Medlem sedan Mar 01, 2012 173 poster
Steve Walker (xenon)
Mar 29 2012 at 08:44
Last night I stat running my Asian scalper for EG on xenon account with 1 Lot fix.
walker
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Trade The Trend, Defend To Price.
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Medlem sedan Mar 01, 2012 173 poster
Steve Walker (xenon)
Apr 02 2012 at 09:16
greetings
due to cost/profit ratio I changed my chart from 1 to 5 min. when trading with 1 min sometimes it costs 1000 usd to make 100 usd profit. this weird. I guess I had completed the information what I need from 1min. 5 min slower I need to adapt that. also coding some algos for my patterns and testing them on the same EA with different comments to identify. walker
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Trade The Trend, Defend To Price.
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Medlem sedan Mar 01, 2012 173 poster
Steve Walker (xenon)
Apr 04 2012 at 13:48
greetings
I am currently adapting to 5 min chart. it is 5x slower then 1 min so it will take some time. I now trade only in the zone means between upper fractal and lower fractal. the outside is 'space' for me and there are no rules. price movements unpredictable. also I fix my TP to 3 PIP and SL to 10 PIP. tight SL is a problem. I had several times Stop Out <0.50 PIP. vice verse also happened. also several time missed TP < 0.50 PIP. so I will keep those fix for the time being.  Bifogade filer:
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Trade The Trend, Defend To Price.
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Medlem sedan Mar 01, 2012 173 poster
Steve Walker (xenon)
Apr 05 2012 at 11:57
why some of the patterns(trades) works well and some not.
the answer is Time. when I trade with 5 min chart and find a pattern that working well it may fail anytime. the reason is there are many different time frames and each trader including big ones banks and others are all using different time frames to trade according to their actual condition. this makes patterns or trades fails which used to work well. Time must be in the function but I could not find the correct way to do it. walker
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Trade The Trend, Defend To Price.
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Medlem sedan Jan 14, 2010 2186 poster
Chikot
Apr 06 2012 at 09:49
Steve, why 1 min charts?
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Medlem sedan Mar 01, 2012 173 poster
Steve Walker (xenon)
Apr 06 2012 at 10:02
1H for general condition.
1M for best entry point on 5 min. patterns are all same for every time frame. all same! Chikot posted: Steve, why 1 min charts?
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Trade The Trend, Defend To Price.
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