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strategy HILO on GBP/JPY
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Apr 12, 2007 5:16am
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strategy HILO on GBP/JPY
Hi, i give my strategy ...
You need :
on chart £Y UT240 :
EMA8,
SMA21 HIGH,
SMA21 LOW,
ADX 14,( gray),+DI (green), -DI (red)
Strategy :
Long : EM8 cross SMA21H at open next candle if ADX going up and +DI>-DI>15
Short : EM8 cross SMA21L at open next candle if ADX going up and -DI>+DI>15
this strategy is very cool and profitable ... Look on a month !!!
the chart ut240

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Apr 12, 2007 5:56am
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TP SL
Hi
Thank you for sharing.
What are the TP and SL targets that you take?
Simon
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Apr 12, 2007 6:05am
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Strategy looks good...wish you continued success
__________________
"My Girlfriend was feeling neglected and gave me an option.... her or the forex. Boy do I miss her"
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Apr 12, 2007 6:13am
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stop an target
hi
Long : i put my stop 10 pips under SMA21 LOW reverse if short ...
I haven't a target ... I stay in the trade as long as em8 is out off sma21 HI LO ( it's very hard if you haven't a strong psy ... because £Y has a big volatity ) and the signal is to exit is when adx begin to go down or the cross +DI and -DI or price cross ema8
regards
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Apr 12, 2007 6:23am
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looks good
but I think adx 14 gives the signal too late
did u try lower nomber
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Apr 12, 2007 6:26am
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Yes, when you stop?
Thx.
Quote:
Originally Posted by simonr
Hi
Thank you for sharing.
What are the TP and SL targets that you take?
Simon
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Apr 12, 2007 6:45am
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DI question
Quote:
Originally Posted by breizhfx
Long : EM8 cross SMA21H at open next candle if ADX going up and +DI>-DI>15
Short : EM8 cross SMA21L at open next candle if ADX going up and -DI>+DI>15
this strategy is very cool and profitable ... Look on a month !!!
the chart ut240

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hi
thank you for your quick response. But i have one more question
when you write > 15 is it the ADX line or the DI line
Thanks again,
Simon
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Apr 12, 2007 7:02am
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ADX
This is a newbie question
Is there a significance in level 15?
Senbanda
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Apr 12, 2007 7:56am
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about adx ...
for almeezan, adx14 1is too late ... you can use adx8 , i think , it's ok too ...
for senbanda line15 AND 20 when +DI ans -DI are under this is a ragne period ans it will be better to be flat .
About adx (gray line ) i m flat when it go down under line 40 ... and i tahe a trade when it go up !
bzh 
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Apr 12, 2007 12:09pm
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now , my complete strategy...
Now , i give you others informations about my stratégy ...
To mesure the volatility , i use Standard deviation 13 with levels 0,003 and 0,0015 for gbp/chf ut240 ( i determine the level with my feeling )
To mesure the trend , i use sma55 ...
Look at my chart !
BZH 
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Apr 12, 2007 1:22pm
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Trades
Hi BZH
What pairs do you trade with this strategy? So far I have seen GBPJPY and GBPCHF which are the most volatile pairs, are these what you trade?
__________________
Regards
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Apr 12, 2007 2:19pm
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hi Howard !
I trade £$, £Y,£F,$Y,$F ans sometimes €$,€F,€Y...only on UT 4H .
I think my strategy is ok with alls pairs ...
about volatilty , my favorite is £Y !!! ...
but i must repeat ( it's very hard if you haven't a strong psy ... because £Y has a big volatity) you must have a strict money management !
regards ... 
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Apr 12, 2007 4:59pm
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I noticed a EA running on one of your charts, is it for your system or sonething else?
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Apr 12, 2007 5:16pm
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scuse me EA running ??? i don't understand ...
regards
BZH 
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Apr 12, 2007 6:53pm
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On the first chart you posted it shows in the upper right corner that the chart has a EA attached to it. Is that EA this system? or something else
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