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Easy Beat GBP/JPY with This System

  • #41
  • Sep 29, 2007 8:07am Sep 29, 2007 8:07am
Quoting howard
Hi Bill

Did you make your entries at 2:00 GMT for the back test according to what joko says?
Yes. I double and triple checked the times. I had the times right.
There are many, many cases where the open trade is still running when the next day rolls around. He was vague on when those trades were closed out. I closed them at 0200 GMT. I don't think it makes a lot of difference, but to match his forward test I need a specific time to close them.
  • #42
  • Sep 29, 2007 8:18am Sep 29, 2007 8:18am
Quoting billbss
Yes. I double and triple checked the times. I had the times right.
There are many, many cases where the open trade is still running when the next day rolls around. He was vague on when those trades were closed out. I closed them at 0200 GMT. I don't think it makes a lot of difference, but to match his forward test I need a specific time to close them.
I think if the trade is still running it should be closed at the close of the day's bar and the same applies to the orders which have not been filled by the end of the day
Regards
  • #43
  • Sep 29, 2007 8:20am Sep 29, 2007 8:20am
Quoting howard
I think if the trade is still running it should be closed at the close of the day's bar and the same applies to the orders which have not been filled by the end of the day
You may be right, but I don't think that's what he said.
If he has been trading it, he has to have a specific time in mind to close those trades.
  • #44
  • Sep 29, 2007 8:34am Sep 29, 2007 8:34am
Quoting billbss
You may be right, but I don't think that's what he said.
If he has been trading it, he has to have a specific time in mind to close those trades.

Hopefully he will come back to clarify
Regards
  • #45
  • Sep 29, 2007 7:14pm Sep 29, 2007 7:14pm
About the time zone is that EST, GMT? cause I m not sure what brokertimes mean and why this particular time zone? thanks
  • #46
  • Sep 30, 2007 8:37pm Sep 30, 2007 8:37pm
hello,
so many question, and i hope this will answer
sometimes what i order in day before was executed, but it never touch PT or SL. so what time should i close that?
well, before new line plotted on next day, i should have close that order..
in the picture, my order was executed, and not hit PT or SL yet. then i close in the rectangle area, choose the right price to effort some pips (i am still human right), before new line of this indicator plotted. then sometimes my order not fulfilled with -100 or +101.
Attached Image
  • #47
  • Sep 30, 2007 8:44pm Sep 30, 2007 8:44pm
next example..
in this session i only got around -30, because not hit PT or SL
manually i close open position in the blue rectangle
  • #48
  • Sep 30, 2007 8:46pm Sep 30, 2007 8:46pm
this picture shows that
Attached Image
  • #49
  • Sep 30, 2007 8:50pm Sep 30, 2007 8:50pm
in this one i only get small pips
Attached Image
  • #50
  • Sep 30, 2007 9:42pm Sep 30, 2007 9:42pm
joko2125, would you like to share your results of june and july? it was the tough time to gain pips according to your method.
  • #51
  • Sep 30, 2007 9:42pm Sep 30, 2007 9:42pm
Date : 01-10-2007
Buy Stop @ 235.35 ST @ 234.35 TP @ 235.36
Sell Stop @ 234.75 ST @ 235.75 TP @ 233.74

isn't it?
  • #52
  • Sep 30, 2007 9:47pm Sep 30, 2007 9:47pm
i use WIB (Waktu Indonesia Barat) too...same with joko..because i and him live in same country...our time is GMT + 7...
  • #53
  • Oct 1, 2007 12:10am Oct 1, 2007 12:10am
@budi
well, not exactly same...i wonder..

mine is
On 01 Oct 2007, we have 2 position on GBP/JPY, BuyStop at 235.35, SL 234.35, PT 236.36 and SellStop at 234.44, SL 235.44, PT 233.43.
  • #54
  • Oct 1, 2007 12:14am Oct 1, 2007 12:14am
@200,
i am sorry, i don't think to share my performance.
but i think you can do test it right now till the end of this month to ensure by yourself..
  • #55
  • Oct 1, 2007 1:51am Oct 1, 2007 1:51am
Quoting joko2125
@200,
i am sorry, i don't think to share my performance.
but i think you can do test it right now till the end of this month to ensure by yourself..
Please post your chart for today; my chart shows long entry at 235.44, and why not post your past performance, everybody does it good or bad.
Regards
  • #56
  • Oct 1, 2007 2:52am Oct 1, 2007 2:52am
howard said : Please post your chart for today; my chart shows long entry at 235.44, and why not post your past performance, everybody does it good or bad. __________________
Regards

@ howard, i will attach chart of my entry 6 hours ago (exactly in my blog)..
well, one of my friend told me that he got 235.44 too (i do not have any idea what broker he used), but i think time zone difference will affect to different entry, so the result. e.g. my broker close at 05:59, but yours at 06:00, that will be different.
for my performance, sorry again, please, understand...
Attached Image
  • #57
  • Oct 1, 2007 3:17am Oct 1, 2007 3:17am
Thanks for the chart, slightly different data but my timing is correct.
However today's target hit.
Regards
  • #58
  • Oct 1, 2007 7:56am Oct 1, 2007 7:56am
Quoting joko2125
@200,
i am sorry, i don't think to share my performance.
but i think you can do test it right now till the end of this month to ensure by yourself..
?
  • #59
  • Oct 2, 2007 1:42am Oct 2, 2007 1:42am
I like that.... wake up to some pips. Thanks for your ideas

How do you calculate your stops and t/p s

I just took the original difference (72 pips for me) from the indicator setup for the day. made that my T/P and s/l middle of the night for me so foggy brain at the time
  • #60
  • Oct 6, 2007 4:25am Oct 6, 2007 4:25am
Result for the week 01 Oct to 05 Oct trading this method: (-100)
Regards
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