@ Req. fast_50_pips_profit $49 @

[jamestan1978]

actually it doesnt really matter, this system is quite profitable if you use full range as stoploss. avoid days where range is 60 and above. if you got a loss of that day you need 3 days to recover. this system is about 80% accurate.

[sillykiddo]

Freddie what broker you used Alpari and what time?

thanks

[Freddie]

  sillykiddo said:

Freddie what broker you used Alpari and what time?

thanks

 

I am using Alpari charts but I have a much more simplified view of the time to use. I use midnight to 0100 on one chart and 23:15 to 00:15 on another. It really does not matter, what we need is a small range and any time from say 23:00 until about 02:00 chart time or UK time or GMT will do.

 

When we deal with London, NY opening it is important but not for this strategy.

 

Just my opinion.

[Freddie]

Here is the normal 15m chart with the area marked by ant_ Indie

 

http://i914.photobucket.com/albums/ac341/freddieforII/Fast50.jpg

 

And here the one based on the 3tier

 

http://i914.photobucket.com/albums/ac341/freddieforII/Fast503Tier.jpg

 

I don't know what the result would be using the 'official' hours!!

[sillykiddo]

freddie time that you mentioned is midnight GMT?

it is really interesting..

thanks

[Freddie]

  sillykiddo said:

freddie time that you mentioned is midnight GMT? it is really interesting.. thanks

 

Just checked my brokers time: both are UK+1 hour so GMT + 2 hours. As I said, I am not interested in what the actual time is only that flatish time that occurs at the 'new day' markers.

[⭐ musketeer]

there are so many break-out strategies developed (incorporated in EAs too)

really endless...

different pairs - different time spans

it is strange to get buy that - in spite of low price

[⭐ musketeer]

Alpari changes the time - in summer they are GMT+2 and winter GMT+1

[Freddie]

  musketeer said:

there are so many break-out strategies developed (incorporated in EAs too)

really endless...different pairs - different time spans ...it is strange to get buy that - in spite of low price

 

Quite so Musketeer, I believe that there is no way to guess which way the price will go but I do know that it will go somewhere. A breakout from a range, even current price + and - say 10 pips will give you a straddle that may catch a good move.

I have just looked at the 11pm to 2am time and seen a flat period which then either rises through the Asian session or falls.

 

...even cheaper when it is shared but I had decided to go my way before I found the .pdf.

[Freddie]

  musketeer said:

Alpari changes the time - in summer they are GMT+2 and winter GMT+1

 

...again, I don't care, but thank you for your concern.

If I find that I need an accurate 'hour' for my range then I will change. Actually, since I will be returning from Malaysia in April then my trading time will be finished unless I can find some good internet provider. And, of course, I will not be able to stay awake long enough to trade midnight in UK

[Guest phreak]

I sent an email to the author regarding the time zone. Here is his reply:

 

Thank you very much for your email.

The time zone is EST.

 

If there is anything else I could help you with,

Please let me know.

 

Sincerely Yours,

Austin Winston

[coffee99]

  phreak said:

I sent an email to the author regarding the time zone. Here is his reply:

 

Thank you very much for your email.

The time zone is EST.

 

If there is anything else I could help you with,

Please let me know.

 

Sincerely Yours,

Austin Winston

 

 

 

Interesting ... I suppose you could play around with different times ...

(eg. I trade EST so that would be from Midnight to 3 a.m. for me).

 

I'd be more inclined to set up a trading zone from 6 p.m. EST

(00:00 GMT) to 9 p.m. EST (3:00 GMT) and try trading that ...

I don't mind staying up all night occasionally but I'm not

interested in doing it on a regular basis.

 

For some reason I'm thinking of bunnygirl .. I think she advocates

just drawing a horizontal line at the open (6 p.m EST/ 00:00 GMT)

and trading 5 WMA/20 WMA crosses above or below the line on

a 30 minute chart.

 

Obviously, you can play around to your heart's content with any

of this stuff ... :)

 

Is it just me or does Austin Winston sound like a

totally fake name ..? <laughs ...>

[Yorgo]

very nice work Freddie, you are specialist of sessions, congratulations

[noone]

If it trade 00-03 EST, then it is trading the london breakout.