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High & Low 8 Hours (GBP/JPY)

  • #161
  • Oct 31, 2007 6:11am Oct 31, 2007 6:11am
Quoting billbss
That's good. Maybe it will interest him.
Thanks
Skyline is busy programming EA's for some clients at this point.
  • #162
  • Oct 31, 2007 12:17pm Oct 31, 2007 12:17pm
Living on the West Coast of CA makes manually trading this tough. An EA would be great or perhaps a genius could come up with a similar system for those of us who can't stay up all nite! Thanks.

Quoting billbss
The same thing happened to me. It needs an EA and it would be a fairly simple one.
"Loss and failure are inevitable but misery is optional"
  • #163
  • Oct 31, 2007 9:23pm Oct 31, 2007 9:23pm
Will u guys trade using this system today?
  • #164
  • Edited 9:52pm Oct 31, 2007 9:33pm | Edited 9:52pm
01/11/2007


Buy: 240.18
Sell: 238.53

Play with low lots today its holiday in many countries!!!
  • #165
  • Oct 31, 2007 9:38pm Oct 31, 2007 9:38pm
Quoting Nicotina
01/11/2007


Buy: 237.56
Sell: 236.87

Play with low lots today its holiday in many countries!!!
Hi Nicotina,

I think that was yesterday price...
  • #166
  • Oct 31, 2007 9:50pm Oct 31, 2007 9:50pm
01/11/2007

buy 240.19
sell 238.51

is this is correct? if yes then seem to unlikely sell order will get fill. Due to less volatility
member
  • #167
  • Oct 31, 2007 9:52pm Oct 31, 2007 9:52pm
Quoting vsumardi
Hi Nicotina,

I think that was yesterday price...
Thanks
  • #168
  • Oct 31, 2007 9:59pm Oct 31, 2007 9:59pm
It's great if you have the time to monitor the trade. So i just set 2 orders and done, simply forget it till next day. Either a loss or a win is displayed and this is no big problem do to the systems good win scenario.


Quoting billbss
I'm not sure I agree with that part of it.

Today it took care of itself. It doesn't always. Usually the moves are made in the middle of the night (for me). If it hits profit, the other order needs to be canceled. If it gets stopped out, another order needs to be placed.

I'm going to try to get an EA made to manage the trade when I'm not at the screen.
  • #169
  • Oct 31, 2007 10:03pm Oct 31, 2007 10:03pm
Quoting bigmanin
01/11/2007

buy 240.19
sell 238.51

is this is correct? if yes then seem to unlikely sell order will get fill. Due to less volatility
I think i'm off today.

If u look at daily chart, the price has hit a very strong support here and the Fed also didn't cut rates, so there's a big posibilty that price won't go up.

And the sell order is way to low to got hit, if it is got hit, chances are it won't get to 100pips...

What do you guys think? Should we keep going?
  • #170
  • Oct 31, 2007 10:16pm Oct 31, 2007 10:16pm
Quoting vsumardi
I think i'm off today.

If u look at daily chart, the price has hit a very strong support here and the Fed also didn't cut rates, so there's a big posibilty that price won't go up.

And the sell order is way to low to got hit, if it is got hit, chances are it won't get to 100pips...

What do you guys think? Should we keep going?

My own opinion- I would forget about all the support and resistance stuff and just trade the system.
There is ALWAYS a reason not to trade if you look at a chart.
  • #171
  • Oct 31, 2007 10:36pm Oct 31, 2007 10:36pm
Sori, the fed did cut rates, i was misinformed

Well now I think price will go UP
  • #172
  • Oct 31, 2007 11:00pm Oct 31, 2007 11:00pm
(english is not my native language) Hi billbss, thanks for your experience words ! I would like to have your opinion about higher TP (like 100 maybe) when it s in direction of the trend and lower TP (like 50 maybe) in the other direction scenario (retracement) !

Thanks !

Luk
  • #173
  • Oct 31, 2007 11:04pm Oct 31, 2007 11:04pm
Quoting Trol007
(english is not my native language) Hi billbss, thanks for your experience words ! I would like to have your opinion about higher TP (like 100 maybe) when it s in direction of the trend and lower TP (like 50 maybe) in the other direction scenario (retracement) !

Thanks !

Luk

That may work. With something like this, it would have to be backtested to see if it increases profits. It's hard to say until you do.
  • #174
  • Oct 31, 2007 11:18pm Oct 31, 2007 11:18pm
Quoting Nicotina
31/10/2007


Buy: 237.56
Sell: 236.87
Closed on target +100 Pips

Total=394+100= +494Pips
  • #175
  • Oct 31, 2007 11:23pm Oct 31, 2007 11:23pm
Total October= +771 Pips
  • #176
  • Oct 31, 2007 11:51pm Oct 31, 2007 11:51pm
This is my other system with GBP/USD:
http://www.forexinvestimentos.com/fo...g2104.html#new

Is my forum
  • #177
  • Nov 1, 2007 12:16am Nov 1, 2007 12:16am
Quoting Nicotina
Closed on target +100 Pips

Total=394+100= +494Pips
I got stopped once. The price spiked 1 or 2 pips and hit my buy order then it went down to hit my sl. Second order hit tp for agregate profit of 50 pips. I'm using forex.com. I'm also using IBFX for chart and it should got stopped to.

You are using northfinance right? i guess i should change my broker then.
  • #178
  • Nov 1, 2007 12:56am Nov 1, 2007 12:56am
Nice.
Attached Image
  • #179
  • Nov 1, 2007 3:30am Nov 1, 2007 3:30am
Quoting vsumardi
I got stopped once. The price spiked 1 or 2 pips and hit my buy order then it went down to hit my sl. Second order hit tp for agregate profit of 50 pips. I'm using forex.com. I'm also using IBFX for chart and it should got stopped to.

You are using northfinance right? i guess i should change my broker then.
You are right, the result for yesterday was +50
Regards
  • #180
  • Nov 1, 2007 3:43am Nov 1, 2007 3:43am
Quoting Nicotina
This is my other system with GBP/USD:
http://www.forexinvestimentos.com/fo...g2104.html#new

Is my forum
Nicotina,
Nice forum!!!
Is your other system working well?
Thanks
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