Easy Beat GBP/JPY with This System | Forex Factory

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Easy Beat GBP/JPY with This System

  • #1
  • First Post: Sep 27, 2007 8:24pm Sep 27, 2007 8:24pm
I was looking for indicators and system, but never found like this. This system just need 1 indicators, and need no technical and fundamental. Every body able trade with this easy system. I found this indicator named SDX ZoneBreakout in some site, then I set it on realtrader broker dot lv or alpari rusia, beating GBP/JPY with no such effort, very easy.
Here is the setup:
Set chart into 30m GBP/JPY, add the SDX Zone Breakout, set TmeZoneData -8, pips for entry 30. This will plot Hi-Lo from 00:00 until 03:30 broker time. Pay attention for the range between 00:00-03:00, no more than 150pips. If less than 150 then you place buystop and sellstop on High/Low by increase or decrease 30pips. And dont forget to cancel other if one executed. Cancel all of them if not executed until 24:00 GMT +7:00. But, if the range more than 150pips, stay away from the GBP/JPY. Profit target set into 101pips and stoploss into 100pips (almost risk:reward =1:1)


for journey, picture, download, entry detail see HERE

You can use other broker, but use this broker as your signal generator.
Using this indicator doing backtest, is 100% reliable, if loss then loss, if profit it said profit, nothing about. All you need is dicipline. The key of this indicators is timing.

Sorry if repost, but i never found this strategy. If somebody had this system before, he/she may claim it.



regard,


ezra
  • #2
  • Sep 27, 2007 11:49pm Sep 27, 2007 11:49pm
Here is a 900+ page thread on this method.

http://strategybuilderfx.com/showthread.php?t=15439
  • #3
  • Sep 28, 2007 12:11am Sep 28, 2007 12:11am
@booker, i have never seen it before. on my last sentence of my first post "...then she/he may claim it"

but, thank you for your such kind info.
  • #4
  • Sep 28, 2007 8:30am Sep 28, 2007 8:30am
Quoting joko2125
I was looking for indicators and system, but never found like this. This system just need 1 indicators, and need no technical and fundamental. Every body able trade with this easy system. I found this indicator named SDX ZoneBreakout in some site, then I set it on realtrader broker dot lv or alpari rusia, beating GBP/JPY with no such effort, very easy.
Here is the setup:
Set chart into 30m GBP/JPY, add the SDX Zone Breakout, set TmeZoneData -8, pips for entry 30. This will plot Hi-Lo from 00:00 until 03:30 broker time. Pay attention for the range between 00:00-03:00, no more than 150pips. If less than 150 then you place buystop and sellstop on High/Low by increase or decrease 30pips. And dont forget to cancel other if one executed. Cancel all of them if not executed until 24:00 GMT +7:00. But, if the range more than 150pips, stay away from the GBP/JPY. Profit target set into 101pips and stoploss into 100pips (almost risk:reward =1:1)


for journey, picture, download, entry detail see HERE

You can use other broker, but use this broker as your signal generator.
Using this indicator doing backtest, is 100% reliable, if loss then loss, if profit it said profit, nothing about. All you need is dicipline. The key of this indicators is timing.

Sorry if repost, but i never found this strategy. If somebody had this system before, he/she may claim it.



regard,


ezra
What time do you close your trade if the profit target and stop loss have not been hit?
  • #5
  • Sep 28, 2007 8:33am Sep 28, 2007 8:33am
Quoting BookerT
Here is a 900+ page thread on this method.

http://strategybuilderfx.com/showthread.php?t=15439
This is not the same method as the Hans123. The times are different. The thresholds are different. The PT and SL are different.
  • #6
  • Sep 28, 2007 2:00pm Sep 28, 2007 2:00pm
The method might be a little different ,
I got that link when I looked into the indicator. If you open the indicator in the Meta Editor it refers directly to that thread.
900+ pages probably would cover most anything you could do with the indicator but I have no plans to read 900 pages.
  • #7
  • Sep 28, 2007 2:10pm Sep 28, 2007 2:10pm
Quoting BookerT
The method might be a little different ,
I got that link when I looked into the indicator. If you open the indicator in the Meta Editor it refers directly to that thread.
900+ pages probably would cover most anything you could do with the indicator but I have no plans to read 900 pages.
The indicator is used with the Hans system, but it can be used with any breakout system.
You can read all 900 pages and it will not tell you about the system that is posted here.
  • #8
  • Sep 28, 2007 3:09pm Sep 28, 2007 3:09pm
Quoting billbss
You can read all 900 pages and it will not tell you about the system that is posted here.
I'll pass on that.. Have a great week end
  • #9
  • Sep 28, 2007 5:58pm Sep 28, 2007 5:58pm
2 questions: how many pips per month do you get with this system, and how long have you been using it?

2. by range do you mean the difference between the hi and lo (233.50-235.00 = 150 pips), or adding up from 0-330 the hi's and lows of each candle?
  • #10
  • Sep 28, 2007 8:28pm Sep 28, 2007 8:28pm
@billbss,
well, i closed it with my validity date, actually i never close it by manual, because i could not online all the time. when you open order there's valid time for that order. but if the order had been executed, i only cancelled for other, and let the hit order touch PT or SL
  • #11
  • Sep 28, 2007 8:37pm Sep 28, 2007 8:37pm
@nyxxo,
2. i get pips from this system no more than 1600pips, but not less than 400pips. all depend on the market.
3. range i meant was the range between high and low from 00:00-03:30 real trader broker time. i have no idea about your local time. but you can try to add this indicator and compare with the picture in my blog
you can use the candle to compare it.
  • #12
  • Sep 28, 2007 8:39pm Sep 28, 2007 8:39pm
Quoting joko2125
@billbss,
well, i closed it with my validity date, actually i never close it by manual, because i could not online all the time. when you open order there's valid time for that order. but if the order had been executed, i only cancelled for other, and let the hit order touch PT or SL
So you could have several open positions at one time?
  • #13
  • Sep 28, 2007 9:01pm Sep 28, 2007 9:01pm
the range i meant was the candle group between 00:00-03:30. yesterday i did not enter market because the range more than 150 as you see...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-entry.gif Size: 14 KB
  • #14
  • Sep 28, 2007 9:10pm Sep 28, 2007 9:10pm
billbss said :So you could have several open positions at one time?

@billbss,
of course not, i only trade once a day and from that 2 orders, if one was executed, then i cancel the other. it never happen i got my orders executed all of them before (not at same time executed))
  • #15
  • Sep 28, 2007 9:19pm Sep 28, 2007 9:19pm
how long have you been trading this system?
  • #16
  • Sep 28, 2007 9:28pm Sep 28, 2007 9:28pm
nyxxo said: how long have you been trading this system?

@nyxxo, i have been using for about 6 months
  • #17
  • Sep 28, 2007 9:32pm Sep 28, 2007 9:32pm
also just to make things clear... if range from 0000-0330 is less than 150 you place a buy order +30 pips from hi/sell order -30 pips from lo of 0000-0300, correct?
  • #18
  • Sep 28, 2007 9:35pm Sep 28, 2007 9:35pm
Quoting joko2125
billbss said :So you could have several open positions at one time?

@billbss,
of course not, i only trade once a day and from that 2 orders, if one was executed, then i cancel the other. it never happen i got my orders executed all of them before (not at same time executed))
Looking back on a chart, many times you enter a trade and neither the SL or PT is hit that day. You said you let it run until one is hit. Do you not place orders the next day if you still have an active trade?
  • #19
  • Sep 28, 2007 9:41pm Sep 28, 2007 9:41pm
nyxxo said: also just to make things clear... if range from 0000-0330 is less than 150 you place a buy order +30 pips from hi/sell order -30 pips from lo of 0000-0300, correct?

@nyxxo, correct bro...
  • #20
  • Sep 28, 2007 9:49pm Sep 28, 2007 9:49pm
cool man... similar to one i planned on trading... looks solid. thanks for sharing
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