EURJPY M15 system 80%+ | Page 43 | 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%+

  • #841
  • Jul 26, 2018 2:25am Jul 26, 2018 2:25am
Here is an example of the box placed as I mentioned, 1 hour before Frankfurt, the session times are viewed at the top of the chart.

I changed other stuff too, so don't blow a gasket

Watching the strength meter, JPY has been highest most of the day, with EUR pushing up now

Need EUR to drop down, it is now 2nd place, maybe after the first hour of London finished

Anyway, big EUR news later, so just experimenting with smallest position to watch the price action, both losing now

Good luck all, be careful
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-07-26_17-13-27.png Size: 44 KB
It takes a lot for me to IGNORE you, but you can try.
  • #842
  • Jul 26, 2018 2:29am Jul 26, 2018 2:29am
I think the general consensus is that EJ is going to be bullish
life is a reflection of what we allow ourselves to see
  • #843
  • Jul 26, 2018 2:42am Jul 26, 2018 2:42am
just use a pending order between top and bottom box, RR 1:2
got trigger buy and sell, but MM was on point still positive result.
forex is better than cryptocurrency, trust me.
  • #844
  • Jul 26, 2018 12:10pm Jul 26, 2018 12:10pm
Quoting Erebus
Okay I read all the thread, much ado about time, and then a lot about the EA Here is my take, I don't really think it matters much about how many hours the box covers. The way I see it, you need to define the objective; are you looking for a breakout during Asian session as the pair has JPY in it? Or, the intent is to trade during the Europe session to catch the breakout there, Frankfurt and later, London? Most days, the box still contains the price data very well for the first 8 hours, to that witching hour before Frankfurt opens. Either they wake...

ThankErebus,
You help understand now how to figure out of time GMT .
  • #845
  • Jul 26, 2018 2:52pm Jul 26, 2018 2:52pm
Hi Erebus
my Box with you differnt
Im at Sydney time australia

im start 8am-12pm
my box is 26 pips
did im correct ?
  • #846
  • Jul 26, 2018 4:49pm Jul 26, 2018 4:49pm
Quoting HengkiTjen
Hi Erebus my Box with you differnt Im at Sydney time australia im start 8am-12pm my box is 26 pips did im correct ?
As I mentioned, I don't think there is any right or wrong for box start or finish *** for manual traders ***

Obviously, EA traders need hard and fast rules regarding time and price

What is your objective? You are a manual trader I expect =

Do you want to trade Asian session by looking for a breakout 2 hours after Tokyo opens?

Do you want to catch the best moves during Europe session?

Daily rollover is 7 AM now for AEST = Australian Eastern Standard Time, which is 5 PM New York EDT = Eastern Daylight Time

See previous post for TIME information

Good luck all
It takes a lot for me to IGNORE you, but you can try.
  • #847
  • Jul 26, 2018 4:59pm Jul 26, 2018 4:59pm
Quoting mikeeating
I think the general consensus is that EJ is going to be bullish
Now that would be an awesome forum name = CONSENSUS

Or even the full name General Consensus (of the Forex Army?)

Anyway, how is that working for you?

What is the general consensus today?

Where can I find this general consensus?

Attached Image (click to enlarge)
Click to Enlarge Name: 2018-07-27_6-58-53.png Size: 45 KB
It takes a lot for me to IGNORE you, but you can try.
  • #848
  • Jul 26, 2018 9:28pm Jul 26, 2018 9:28pm
Erebus,
May I ask the purpose of your posts? You don't appear to adhere to Fxmd's trading methodology. No disrespect, but wouldn't you be better served starting a separate thread where you can author your own trading strategy, and not attempt to alter the parameters of this thread? I must add that my results are profitable...just the way it is.
  • #849
  • Jul 27, 2018 6:32am Jul 27, 2018 6:32am
Work in progress

Been testing for awhile now

Original rules of the thread added in the ADX(14)

Results so far I came up with

Attached Image (click to enlarge)
Click to Enlarge Name: Capture1.JPG Size: 81 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 78 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Capture3.JPG Size: 75 KB
  • #850
  • Jul 28, 2018 6:22am Jul 28, 2018 6:22am
This is really interesting. I will test it in the coming week. Thanks to fxmd and and other contributors
  • #851
  • Jul 29, 2018 12:24pm Jul 29, 2018 12:24pm
Quoting Erebus
{quote} So, 4 hours earlier than 21:00 New York is 17:00 New York or 5 PM local time This is all you need to know; most broker rollover at 5 PM New York to give 5 equal daily candles during the week If you lived in New York, Forex opens at 5 PM Sunday after noon, and closes at 5 PM Friday afternoon Trying to relate that to GMT is useless due to the various daylight savings time changes throughout - different in every country But the brokers keep the rollover to 5 PM New York local time; problem solved Tokyo opens 2 hours later but don't worry about...
Wrong
Grind until you no longer have to introduce yourself. 4:30am club
  • #852
  • Jul 29, 2018 12:25pm Jul 29, 2018 12:25pm
Quoting ekoveadvisor
just use a pending order between top and bottom box, RR 1:2 got trigger buy and sell, but MM was on point still positive result.
As long as it works for you then it’s all good
Grind until you no longer have to introduce yourself. 4:30am club
  • #853
  • Jul 29, 2018 12:27pm Jul 29, 2018 12:27pm
Quoting feast
This is really interesting. I will test it in the coming week. Thanks to fxmd and and other contributors
You’re welcome, thanks for posting and please let me know if someone de ellos a system that gets close to this one and isn’t based off of the methodology of the EURJPY timed breakout box, guess it will take some time
Grind until you no longer have to introduce yourself. 4:30am club
  • #854
  • Jul 29, 2018 12:37pm Jul 29, 2018 12:37pm
Quoting morne72
Work in progress Been testing for awhile now Original rules of the thread added in the ADX(14) Results so far I came up with {image} {image} {image}
Thanks for posting, the more people that post working results the more proof everyone gets of how objective this method is. Remember to thank the EA creator, he did a good job and also to those traders who are coding new EAs.
Grind until you no longer have to introduce yourself. 4:30am club
  • #855
  • Jul 29, 2018 12:50pm Jul 29, 2018 12:50pm
I’m want to share with you fellow traders in Forex Factory some words.

I have a telegram channel, I studied hard about forex and reduced it to the simplest form. Several things I have to tell you are:
1. Forex is simple (people think it’s more complicated than it actually is)
2. Forex is not the fastest way to make a lot of money investing a small amount.
3. Forex is the easiest and less time consuming way to make MORE money when you already have some to invest.
4. Retail forex trading is a form of gambling and nothing will change that nor is it wrong. (I invite anyone who wants and is able to do so to elaborate on that )
5. It’s possible to achieve a 30% return on one month but your aim should be a 7%-10% growth per month consistently. (30% consistently is not realistic)
6. I don’t advice to “make a living” from forex. Forex should be one of your 7 income sources.
7. How to determine you account size? How much money is it ok to start with? For example if your total monthly expenses are USD 1,000 then your account must be at least 10,000 USD. If you have to save money for a couple of years to reach this goal, do so, time will pass anyway either if you save money or if you don’t.
8. If someone tries to sell you a special indicator, a better strategy or a copy trader that promises returns above 50% each month consistently, run away and don’t look back it’s a trap, a scam and you can be sure that person is lying else he wouldn’t be selling any course or indicator.
Trust me I’ve been there and done that and I’m making this statements after doing objective observation, however I do invite you to do your own research on this statements I made so your trust will be based on observations and not on faith.

Thanks for reading and remember to read the first post to get the PDF with the original EURJPY Breakout strategy! You may want to print it and keep it by your trading desk or next to your calendar.
If there are people interested in ideas to build 7 income streams please let me know and I’ll consider writing about it, or even better you may start researching the subject on your own, remember to keep everything to it’s simplest form and conduct objective observation.
Grind until you no longer have to introduce yourself. 4:30am club
  • #856
  • Jul 29, 2018 2:51pm Jul 29, 2018 2:51pm
Interesting. I've known about this for years. Actually I even have an EA for it. Won't work in the long when market change it's tune. I haven't tested the EA on EURJPY. Will test it now. Try testing this on GU hit rate is much much lower. I even tried martingale and have a zone recovery much worst it will blow up an account.

Again, keep trading like this as long as it still works. It's fine I guess.

But on my EA it opens pending orders at the close of H4 candle on a new day. So might be slightly different. Well testing it now on EURJPY...
  • #857
  • Jul 29, 2018 3:04pm Jul 29, 2018 3:04pm
Quoting maflip
Interesting. I've known about this for years. Actually I even have an EA for it. Won't work in the long when market change it's tune. I haven't tested the EA on EURJPY. Will test it now. Try testing this on GU hit rate is much much lower. I even tried martingale and have a zone recovery much worst it will blow up an account. Again, keep trading like this as long as it still works. It's fine I guess. But on my EA it opens pending orders at the close of H4 candle on a new day. So might be slightly different. Well testing it now on EURJPY...
No
Grind until you no longer have to introduce yourself. 4:30am club
  • #859
  • Jul 29, 2018 5:06pm Jul 29, 2018 5:06pm
Quoting Fxentropy
Hidden
Thanks for that, I was wondering why he mentioned the Telegram channel, then never gives out more information

Fishing for PM's I expect, good luck suckers

And yes, will be totally commercial very soon

All I did was try to help, goodbye

It takes a lot for me to IGNORE you, but you can try.
  • #860
  • Jul 29, 2018 6:39pm Jul 29, 2018 6:39pm
Quoting Erebus
{quote} Thanks for that, I was wondering why he mentioned the Telegram channel, then never gives out more information Fishing for PM's I expect, good luck suckers And yes, will be totally commercial very soon All I did was try to help, goodbye
WRONG
Grind until you no longer have to introduce yourself. 4:30am club
0 traders viewing now