Thread: E/U London Open Trading with Erik

I will use this thread to post trading setup's that deal primarily with E/U during the london trading session. Feel free to join in!

Listed below are two force multipliers you may consider using that I will attach.

1. Round Number indior -- This indior shows any round number which you establish within the parameter settings.

2. Pivot Point indior -- I am attaching this pivot point indior since it allows you return as numerous day's as you'd like and see the way that price revolves round the pivots.

In my trading these prove to be useful in certain situations, they are certainly not a standalone system but under the right conditions they may be helpful. An example would be if you feel price action is a bit weak and under normal conditions you wouldn't look at the trade, with those improvements you would.
https://www.nigeriaforextrading.com/...2068187642.mq4
https://www.nigeriaforextrading.com/...5679081866.mq4

Hi Erik curious to hear your commerce setups to the London Open. I agree this is a good time to grab some pips.

Sim

Originally Posted by ;

I'm going to use this thread to post trading setup's that deal primarily with E/U during the london trading session. Feel free to join in!

I know you are not trading GBP/JPY but it looks like explosion waiting to happen.I hope big drop from 132.10 level. This is likely to make Aud/JPY to fall as well.Both overbought

what's your take on this.This type of links to E/U also.

Originally Posted by ;

Here are two force multipliers you may think using that I will attach.

1. Round Number indior -- This indior shows any round number which you set within the parameter settings.

2. Pivot Point indior -- I am attaching this pivot point indior since it makes it possible for you go back as numerous day's as you would like and observe how price interacts around the pivots.

In my trading those prove to be useful in some specific situations, they're certainly not a standalone system but under the appropriate conditions they may be helpful. An example...

grid look is too confusing on higher time frames I think we have to create an easy chart for this particular indi 's to test

I don't trade that pair.

Originally Posted by ;

I know you aren't trading GBP/JPY but it looks like explosion waiting to happen.I am hoping huge drop from 132.10 level. This will make Aud/JPY to drop as well.Both overbought

What is your take on this.This type of relates to E/U as well.

You have to edit the preferences, I prefer to have it on 50 pip periods. So you would set your Hgrid pips to 500.

Set your grid to 0 to clear out the horizontal lines.

Originally Posted by ;

grid appearance is overly confusing on higher time frames I believe we have to create an easy chart for this indi 's to check

Most Asian stock markets were lower in listless trading Tuesday as the absence of alysts and a holiday in Japan on-demand demand, while downbeat comments about Chinese expansion from BHP Billiton BBL 0.70% officials withdrew on the Australian dollar and the Sydney market.

Australia's SP/ASX 200 dropped 0.3%, South Korea's Kospi Composite lost 0.3%, Hong Kong's Hang Seng Index fell 0.7%, China's Shanghai Composite Index fell 0.8% and India's Sensex was up 0.6%. Markets in Japan were closed for a holiday.

There ought to be some trading opportunities tonight. Especially considering that this latest rally on the Euro was based on fluff. Tonight I will be short biased.

Some songs while we wait.