EURJPY M15 system 80%+ | Page 25 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/JPY

Similar Threads

EMA & RSI Intraday M15 system 42 replies

Scalping System on M15 12 replies

M5-M15 PHY TRAIN Quantum system 16 replies

Edźwin's M15 system - proverbial construction of flail :) 11 replies

Attachments: EURJPY M15 system 80%+
Exit Attachments

EURJPY M15 system 80%+

  • #481
  • Mar 27, 2018 10:07am Mar 27, 2018 10:07am
March 27, 2018
Sell Target 1 not hit.
Trade closed in profit.

//////////
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-JPY 3-27-2018 .jpg Size: 89 KB
  • #482
  • Mar 27, 2018 10:24am Mar 27, 2018 10:24am
Some days, the target not hit, and some days stop loss hit.

Overall a better system if proper risk reward is followed.
Intraday only.
  • #483
  • Mar 27, 2018 10:26am Mar 27, 2018 10:26am
Quoting eagle85
March 27, 2018 Sell Target 1 not hit. Trade closed in profit. ////////// {image}
Dear eagle85, I think you need to change your time setting 21:00 to 01:00.
GMT 1hr changed from this week.

Thanks
  • #484
  • Mar 27, 2018 10:39am Mar 27, 2018 10:39am
Interesting to see the screenshots, my box was 40 pips and did not hit target 1 on eurjpy..
  • #485
  • Mar 27, 2018 11:05am Mar 27, 2018 11:05am
Quoting raju0189
{quote} Dear eagle85, I think you need to change your time setting 21:00 to 01:00. GMT 1hr changed from this week. Thanks
Hello raju0189,

Please note the time stamp on my charts. British Summer Time went into effect last Sunday. GMT time remains constant throughout the year.

//////////
  • #486
  • Mar 27, 2018 11:17am Mar 27, 2018 11:17am
This is 20 x 50 ema cloud.

Entry sell can be taken on breakout of box, stop loss can be above 20x50 ema cloud.

Opposite for long entry. 5 min chart only.

For those who are interested.

Any one taken long on break out of top of box, can exit when 20x50 ema crosses in London open.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5.png Size: 70 KB
Attached File(s)
File Type: ex4 MA_Shade 25-100.ex4   6 KB | 472 downloads
File Type: mq4 MA_Shade 25-100.mq4   2 KB | 525 downloads
Intraday only.
  • #487
  • Mar 27, 2018 11:32am Mar 27, 2018 11:32am
Quoting caillo
Interesting to see the screenshots, my box was 40 pips and did not hit target 1 on eurjpy..
Same here
Attached Image (click to enlarge)
Click to Enlarge Name: 001.png Size: 59 KB
  • #488
  • Mar 27, 2018 12:31pm Mar 27, 2018 12:31pm
From Page 1, Post #1 Of This Forum:
Attached Image (click to enlarge)
Click to Enlarge Name: Breakout Box Instructions.jpg Size: 93 KB
  • #489
  • Mar 27, 2018 12:35pm Mar 27, 2018 12:35pm
Quoting eagle85
{quote} Hello raju0189, Please note the time stamp on my charts. British Summer Time went into effect last Sunday. GMT time remains constant throughout the year. //////////
True, daylight saving time goes in effect depending on your location but it should be aligned with GMT.
Grind until you no longer have to introduce yourself. 4:30am club
  • #490
  • Mar 27, 2018 12:53pm Mar 27, 2018 12:53pm
Thanks

eagle85 & Fxmd
  • #491
  • Mar 27, 2018 3:26pm Mar 27, 2018 3:26pm
Quoting eagle85
From Page 1, Post #1 Of This Forum: {image}
I have it as 22-2gmt... in my case 0-4 because of my broker time gmt 2.. I remember i asked, and fxmd responded it should be 0-4
  • #492
  • Mar 27, 2018 3:36pm Mar 27, 2018 3:36pm
It is important to know the session open timing.

The concept of Fxmd is clear. He has developed a system in which the the price breaks high/low of Tokyo session. And limiting the box size to 45 pips is another important thing he has developed.

Two hours before and after tokyo session open.

The ADR of eurjpy is roughly 120 pips. This makes the target achievable.
Intraday only.
  • #493
  • Mar 27, 2018 4:14pm Mar 27, 2018 4:14pm
Quoting navk
It is important to know the session open timing. The concept of Fxmd is clear. He has developed a system in which the the price breaks high/low of Tokyo session. And limiting the box size to 45 pips is another important thing he has developed. Two hours before and after tokyo session open. The ADR of eurjpy is roughly 120 pips. This makes the target achievable.
Wait just a second

2 hours before and after tokyo opens ?

I live in Eastern Europe . Tokyo opens at 00:00 ( GMT + 2 ) - i checked on this site .

My box is drawing from 00:00 to 04:00 ( tokyo opens at 00:00 not at 22:00 )

So I trade it the wrong way ?
Make choices and don't look back !
  • #494
  • Mar 27, 2018 4:22pm Mar 27, 2018 4:22pm
Quoting Purec
{quote} Wait just a second 2 hours before and after tokyo opens ? I live in Eastern Europe . Tokyo opens at 00:00 ( GMT + 2 ) - i checked on this site . My box is drawing from 00:00 to 04:00 ( tokyo opens at 00:00 not at 22:00 ) So I trade it the wrong way ?
2 hours before the open and 2 hours after the open
Grind until you no longer have to introduce yourself. 4:30am club
  • #495
  • Mar 27, 2018 4:50pm Mar 27, 2018 4:50pm
How can I change that to come normal ?

Now my box draws from 00:00 to 04:00 ( GMT + 2 )

EDIT : on your first post on this topic you ( Fxmd ) say "make sure to use high and low from 22:00 to 02:00 GMT ( I live in Easter Europe GMT +2 ) so for me is 00:00 to 04:00 ( and at 00:00 also Tokyo opens acordingly to forexfactory page ) .

So what is the right choice ?
Make choices and don't look back !
  • #496
  • Edited 5:44pm Mar 27, 2018 4:56pm | Edited 5:44pm
Quoting Purec
{quote} Wait just a second 2 hours before and after tokyo opens ? I live in Eastern Europe . Tokyo opens at 00:00 ( GMT + 2 ) - i checked on this site . My box is drawing from 00:00 to 04:00 ( tokyo opens at 00:00 not at 22:00 ) So I trade it the wrong way ?


Tokyo opens at 8 PM EST. for me.

The box shall be 2 hrs before tokyo open and 2 hrs after tokyo open.

The box setting shall be 1 and 5. ( After considering day light saving ) for me.

For eastern europe, just google the time deference between EST and and your time zone.

Usually the box high or low breaks during London open. Keep this in mind.
Intraday only.
  • #497
  • Mar 27, 2018 5:02pm Mar 27, 2018 5:02pm
8 PM EST is 03:00 AM GMT + 3 . So i change setting in indicator to start at 1 and finish and 5 . it's ok ?
Make choices and don't look back !
  • #498
  • Mar 27, 2018 5:09pm Mar 27, 2018 5:09pm
Quoting Purec
8 PM EST is 03:00 AM GMT + 3 . So i change setting in indicator to start at 1 and finish and 5 . it's ok ?
see this site. Top RIGHT corner.

You see GMT and corresponding EST.

https://forexlive.com/
Intraday only.
  • #499
  • Mar 27, 2018 5:17pm Mar 27, 2018 5:17pm
Quoting navk
{quote} see this site. Top RIGHT corner. You see GMT and corresponding EST. https://forexlive.com/
Got it . My mistake

I checked SYDNEY opening . I didn't see that TOKYO is in the second raw . Sorry . My mistake .

I modified start time from 00:00 to 01:00 and finish from 04:00 to 05:00 and is ok now . Tokyo start in GMT + 3 is 03:00 AM .

Thankx
Make choices and don't look back !
  • #500
  • Mar 27, 2018 7:35pm Mar 27, 2018 7:35pm
Quoting Purec
{quote} Got it . My mistake I checked SYDNEY opening . I didn't see that TOKYO is in the second raw . Sorry . My mistake . I modified start time from 00:00 to 01:00 and finish from 04:00 to 05:00 and is ok now . Tokyo start in GMT + 3 is 03:00 AM . Thankx
Yeah.
Grind until you no longer have to introduce yourself. 4:30am club
1 trader viewing now