strategy HILO on GBP/JPY

oh ok when you trade you say that you use a trailing stop how many pips do you reccommend trailing stop for gbp/jpy?




Cliff

i think the move is finish fir th e week ... i cut the positon ...

Last time rsi had this oversold reading we saw a correction..

when you trade you say that you use a trailing stop how many pips do you reccommend trailing stop for gbp/jpy?




Cliff

HiLo System only with MTF EMA 5/6 !

http://img404.imageshack.us/img404/2...pjpyqw0.th.png

ValTrg

hi , could you explain the system with more details ...

Hi BZH so what is your next idea this week for the gbp/jpy do you still think we are in downtrend?


CLiff

hi cliff

now , you can follow me on the account 125383. i think that there a condolidation , but if you look weekly , it will be possible that price are going down to the hilo . i ll the breakdown of thr lowest price ...

for some reason I cannot get into the demo account for Crown Forex it lets me in but then says waiting for update?


Cliff

my mistake now I am in I see the demo account!

Thanks,


Cliff

Hi BZH I see here on my chart that ddi is crossing to signal a move up soon?


Cliff

hi , cliff

on my chart it has'nt crossed ...

Your right! by the way when you trade you say that you use a trailing stop how many pips do you reccommend trailing stop for gbp/jpy?



Thanks,


Cliff

hi cliff, i put between 35 to 100; it's depend of the UT and the feeling ..

example trade on 4 h chart ==> ts 100
trade on 15 mn chart ==> ts 35

about my account demo n°125383 ; i would like to know how many traders are connected . I wait one day after i ll close it ... Because it's a little time for me to manage it ....

I am connected to your demo. So what is your next anaylis for gbp/jpy?

Cliff

ok cliff , i continue ...

hi, now we cant use mahilo system 4 hours, we must wait price in the hilo ( the hilo is at 200 pips of the price ). but it's possible to use 1h chart or 30 mn with a breakout of highest or lowest ...
ithink price will going up to 244_245 i putting an order LONG on 1h hour chart at the highest of the day ....

It's breaking the low!

Cliff

yes cliff , it's true , but if you are connected on the account You noticed that I changed the orders LONG to SHORT !!!!
and 110pips in the pocket ...

Hi BZH,

Your system rocks - I'm still trying to pinpoint entries, and think you use a combination of 4hr 1hr and 30min charts.
I see that if you are awaiting a trade on the 4 hr, you can switch down to lower time frames to see if it has 'fired'. My question is - do you use all the criteria for the lower timeframes, or just the correct 5/6 ema cross? I think that, if you are close to satisfying all the conditions on the 4 hr, all you need is the 5/6 cross. Or should I also make sure the hilo, adx and sd conditions are met?

Next question - I think you have an ea (or someone does) out there, and would like to use it as an alert, not to place the trade. I did download one in the past, but it entered me into a trade, which I did not want. How do I just get the alerts and not activate the EA?

Last question - how to connect to your demo a/c. I think I need to download the demo too?

Thanks again,

mac18