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Attachments: Breakout + Spread!! Sure!!!
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Breakout + Spread!! Sure!!!

  • #581
  • Nov 1, 2007 1:58am Nov 1, 2007 1:58am
thx eagle!! my live account is getting bigger and bigger

the results are....
2007 10.17 gbp+12(include spread)
2007 10.18 gbp+12(include spread)
2007 10.19 gbp+12(include spread)
2007 10.22 gbp+12(include spread)
2007 10.23 gbp+12(include spread)
2007 10.24 gbp-15(include spread)
2007 10.25 gbp+12(include spread)
2007 10.26 gbp+12(include spread)
2007 10.29 gbp+12(include spread)
2007 10.30 gbp+12(include spread)
2007 10.31 gbp+12(include spread)


the profit continues...
  • #582
  • Nov 1, 2007 7:23pm Nov 1, 2007 7:23pm
Can someone explain here which of the methods has the best results so far?

1. Eagle's (the original)
2. Piper's (200 ema)
3. Spiritbreezer (which I admit I couldn't understand exactly how does it work)

Thanks
  • #583
  • Nov 1, 2007 8:13pm Nov 1, 2007 8:13pm
I like the looks of Eagles breakout box, Surely can be a useful tool. Combine it with a good filter & only take A+ trade setups it's bound to produce nice winners.
Attached Image (click to enlarge)
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  • #584
  • Nov 2, 2007 1:30am Nov 2, 2007 1:30am
:surprised
Attached Image (click to enlarge)
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  • #585
  • Nov 2, 2007 1:37am Nov 2, 2007 1:37am
Quoting BookerT
I like the looks of Eagles breakout box, Surely can be a useful tool. Combine it with a good filter & only take A+ trade setups it's bound to produce nice winners.
Dear friends:
I want to know what is your "PeroidBegin" and PerodEnd" time, I found your picuture is different from mine, i use 5:00 and 8:00.
Regards
I need time ,I need money, I need more patience
  • #586
  • Nov 2, 2007 3:59am Nov 2, 2007 3:59am
Hi I'm new to this thread and abit confuse with all the indicators.Is there anyone out there willing to help me with this i just want to know which indicator i should use and how can i trade with this method it seems very profitable. And also how to determine the time im using interbank fx.
  • #587
  • Nov 2, 2007 7:17am Nov 2, 2007 7:17am
Quoting stan88
Hi I'm new to this thread and abit confuse with all the indicators.Is there anyone out there willing to help me with this i just want to know which indicator i should use and how can i trade with this method it seems very profitable. And also how to determine the time im using interbank fx.
Dear friends:
you are welcome, i just experienec the system today, and i made 10 pips. We can study together.
I think it is better to explore the tread from the first .
Attached Image (click to enlarge)
Click to Enlarge Name: Snap1.gif Size: 22 KB
I need time ,I need money, I need more patience
  • #588
  • Nov 2, 2007 7:42am Nov 2, 2007 7:42am
Quoting stan88
Hi I'm new to this thread and abit confuse with all the indicators.Is there anyone out there willing to help me with this i just want to know which indicator i should use and how can i trade with this method it seems very profitable. And also how to determine the time im using interbank fx.
The only indicator u need is just the breakout located on the first page. The other ones are just extras.
  • #589
  • Nov 2, 2007 9:06am Nov 2, 2007 9:06am
Quoting ztdep
Dear friends:
I want to know what is your "PeroidBegin" and PerodEnd" time, I found your picuture is different from mine, i use 5:00 and 8:00.
Regards
Different Brokers will display different times. My previous chart is from North Finance so depending on who you are using it might appear different. The time thing was beat to death earlier so if you care to get into that you could re read the thread. I placed the indicator on my chart and I did move it around at first but then I just left it at the original default 5 to 8 which because of my Broker might make it differ from your setup. JMO but it is simply personal preference where you place it. Other than that I am just looking to trade the breakout in the direction of the prevailing trend, look to take a 20 pip profit, more if it is running. I only started looking at this yesterday so I'm just looking at a few indicators to come up with what I want to use with the box to give me an idea where price is and which direction & how far it might be moving.
  • #590
  • Nov 2, 2007 9:27am Nov 2, 2007 9:27am
Quoting eagle
SI DARKO80, ne sto' ultimando uno su gbp/ypj ad 1h ,e ancora una strategia da usare alla mezzanotte con una tendenza futura (sapere cioe' se andare long o short...
Hi man, I'm Italian too, could you send me your msn? We should work together.
  • #591
  • Nov 2, 2007 9:33am Nov 2, 2007 9:33am
current usd/cad
Attached Image (click to enlarge)
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  • #592
  • Nov 2, 2007 9:54am Nov 2, 2007 9:54am
where is eagle? i didn't see him quite a time now
  • #593
  • Nov 2, 2007 9:55am Nov 2, 2007 9:55am
Ok, I'm trying to understand...

Could anyone explain me how this indicator works?
  • #594
  • Nov 2, 2007 10:15am Nov 2, 2007 10:15am
darko80, I put you on msn.
  • #595
  • Nov 2, 2007 11:03am Nov 2, 2007 11:03am
Quoting viandante
Ok, I'm trying to understand...

Could anyone explain me how this indicator works?
Maybe you should read at least the first page of the thread no ?
  • #596
  • Nov 2, 2007 11:35am Nov 2, 2007 11:35am
Quoting melpheos
Maybe you should read at least the first page of the thread no ?
Right, I read and I understood about the method. But I'd like to have an explanation on why this works.
  • #597
  • Nov 2, 2007 11:36am Nov 2, 2007 11:36am
Quoting viandante
darko80, I put you on msn.
Ciao viandante,
this siystem is really simple. It measures low and high from 5:00 to 8:00 (italian time, GMT+1), then you'll put 2 orders (one buy at the high and one sell at the low) with both a take profit of 10 + the spread your broker put on the gbp/jpy (if you trade it ).
  • #598
  • Nov 2, 2007 11:38am Nov 2, 2007 11:38am
I understood that the indicator simply took the low and the high on a period of three hours and with a GMT+1 chart. The time is between 3 and 6 am.

But why this works? It's really so easy?
  • #599
  • Nov 2, 2007 11:41am Nov 2, 2007 11:41am
Quoting darko80
Ciao viandante,
this siystem is really simple. It measures low and high from 5:00 to 8:00 (italian time, GMT+1), then you'll put 2 orders (one buy at the high and one sell at the low) with both a take profit of 10 + the spread your broker put on the gbp/jpy (if you trade it ).
Ok, sorry I was writing while you was answering me.

So, you put an order when you go out of the box, is it right?
  • #600
  • Nov 2, 2007 12:08pm Nov 2, 2007 12:08pm
Quoting viandante
Ok, sorry I was writing while you was answering me.

So, you put an order when you go out of the box, is it right?

YES RIGHT,
it's not so easy, cause this is just forex but 10pips as TP is a safe strategy. It works really nice, but try it on demos first
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