High & Low 8 Hours (GBP/JPY) | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What are Higher High, Higher Low, Lower High and Lower Low? 11 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Gbp/Jpy High Low Trading System 2 replies

High to High and Low to low time cycles 1 reply

GBP/JPY high or low? 4 replies

Attachments: High & Low 8 Hours (GBP/JPY)
Exit Attachments

High & Low 8 Hours (GBP/JPY)

  • #341
  • Nov 8, 2007 4:32am Nov 8, 2007 4:32am
Hi All
just want to know if this has been tested on other currencies....

I did a manual check on the ones I trade (GU,UY,GY,EU,UC,EC), and with only a 50p pip T/P, the results are quit remarkable
  • #342
  • Nov 8, 2007 4:42am Nov 8, 2007 4:42am
hi tanx
what time did you use for other pairs just like nico time for gbp jpy?
and what is your rule for entry and exit?
  • #343
  • Nov 8, 2007 4:43am Nov 8, 2007 4:43am
Quoting Fx1618
Hi All
just want to know if this has been tested on other currencies....

I did a manual check on the ones I trade (GU,UY,GY,EU,UC,EC), and with only a 50p pip T/P, the results are quit remarkable

Can u post the results?


BK
  • #344
  • Nov 8, 2007 4:55am Nov 8, 2007 4:55am
GBP/USD -40.

I'm glad I went to bed and didn't trade.:-)

There is big GBP news coming out in about an hour that should move GBP/JPY.
  • #345
  • Nov 8, 2007 4:55am Nov 8, 2007 4:55am
The TF was the same 20:00 GMT - 02:00 GMT, the rules was the same.
I just did a manual test... I'll try do about a months on a spreadsheet and post it here.

Was a bit lazy, hence the question
  • #346
  • Nov 8, 2007 5:04am Nov 8, 2007 5:04am
Quoting Fx1618
Hi All
just want to know if this has been tested on other currencies....

I did a manual check on the ones I trade (GU,UY,GY,EU,UC,EC), and with only a 50p pip T/P, the results are quit remarkable
I haven't heard of it being tested on other pairs.
From what you discovered, maybe it should be.
  • #347
  • Nov 8, 2007 5:07am Nov 8, 2007 5:07am
Quoting billbss
GBP/USD -40.

I'm glad I went to bed and didn't trade.:-)

There is big GBP news coming out in about an hour that should move GBP/JPY.
The same may happen to GJ if long is triggered
Regards
  • #348
  • Nov 8, 2007 5:10am Nov 8, 2007 5:10am
Quoting howard
The same may happen to GJ if long is triggered
It may. I won't be trading it. The spread will be huge.
  • #349
  • Nov 8, 2007 5:46am Nov 8, 2007 5:46am
At what point will it go down, is it from 237.52 the pp or where from
  • #350
  • Nov 8, 2007 5:50am Nov 8, 2007 5:50am
Quoting victa123
At what point will it go down, is it from 237.52 the pp or where from
Sorry- I don't understand the question.
  • #351
  • Nov 8, 2007 5:52am Nov 8, 2007 5:52am
Thanks Bro Billbss!

Anyone here r using this other method?
* Profit 93 * SL 63
* High Low 21:00 - 4:00 GMT
* breakeven after a 70 points gain
* entry 1 pip above high /below low
* always reentry after loss

Thanks


Quoting billbss
You need to enter both your long and short order at 0200 GMT.

If the long gets stopped out, you enter the long order again at the same price as you originally did.

The short order is already there. You entered it at 0200 GMT.

You only let yourself get stopped out twice- either long or short or both.
  • #352
  • Edited 6:22am Nov 8, 2007 5:56am | Edited 6:22am
Quoting Numeral
Thanks Bro Billbss!

Anyone here r using this other method?
* Profit 93 * SL 63
* High Low 21:00 - 4:00 GMT
* breakeven after a 70 points gain
* entry 1 pip above high /below low
* always reentry after loss

Thanks
I've tracked it. I believe it's +100 for the week.
If Autotrade-fx is here he may have better figures.

EDIT- I just checked- autotrade's method looks like +216 for the week. That's very good, unless I made a mistake.

Ok. One more correction- It's up +123 for the week and in a winning trade as I write.
  • #353
  • Nov 8, 2007 6:15am Nov 8, 2007 6:15am
Quoting Fx1618
The TF was the same 20:00 GMT - 02:00 GMT, the rules was the same.
I just did a manual test... I'll try do about a months on a spreadsheet and post it here.

Was a bit lazy, hence the question

Okay, I did the Pound and the Yen. For the full month between 8 Oct - 8 Nov it gave a 50 pip profit on both every trade in the direction of the 4hr trend at that time.

"Nicotina, I'm not trying to hi-jack the tread or change your original rules, just playing with it and share the outcome, tx for sharing"

An example of the last two trades

http://img3.freeimagehosting.net/uploads/aef0edd3bd.jpg
  • #354
  • Nov 8, 2007 6:18am Nov 8, 2007 6:18am
Quoting Fx1618
Okay, I did the Pound and the Yen. For the full month between 8 Oct - 8 Nov it gave a 50 pip profit on both every trade in the direction of the 4hr trend at that time.

"Nicotina, I'm not trying to hi-jack the tread or change your original rules, just playing with it and share the outcome, tx for sharing"

An example of the last two trades

http://img3.freeimagehosting.net/uploads/aef0edd3bd.jpg
Can you give us any more details?
What is your SL?
What is the trend indicator?
Are you using Nicotina's reentry rules?
  • #355
  • Nov 8, 2007 6:27am Nov 8, 2007 6:27am
Theres a huge spread on one of my brokers +-30 pips because the news, but we can wait for a little pullback when this happen, and open position as if it have normal spread, what do you think?
  • #356
  • Nov 8, 2007 6:29am Nov 8, 2007 6:29am
Quoting superbem
Theres a huge spread on one of my brokers +-30 pips because the news, but we can wait for a little pullback when this happen, and open position as if it have normal spread, what do you think?
I don't know. I'm not a very good news trader:-)
My brokers spread is normal. I should have traded it/
  • #357
  • Nov 8, 2007 6:44am Nov 8, 2007 6:44am
Quoting billbss
Can you give us any more details?
What is your SL? I did not use a SL
What is the trend indicator? 8HMA included in this post
Are you using Nicotina's reentry rules? No, this was back-tests, and as in the pics, it was just a normal order placed at the box High or Low in the direction of the trend indicator
.
Attached File(s)
File Type: mq4 HMA Modified.mq4   5 KB | 730 downloads
  • #358
  • Nov 8, 2007 6:58am Nov 8, 2007 6:58am
Fx,

I got some questions i hope u can answer when u got time.

Do u use the same GMT time? And what is this indicator (this white box?)

50 pips for g/j and 50 pips for g/u ?
Do u see if some times it hit a possibly SL with 50 pips ?

Thanks,


Quoting Fx1618
Okay, I did the Pound and the Yen. For the full month between 8 Oct - 8 Nov it gave a 50 pip profit on both every trade in the direction of the 4hr trend at that time.

"Nicotina, I'm not trying to hi-jack the tread or change your original rules, just playing with it and share the outcome, tx for sharing"

An example of the last two trades

http://img3.freeimagehosting.net/uploads/aef0edd3bd.jpg
  • #359
  • Nov 8, 2007 7:22am Nov 8, 2007 7:22am
Quoting Numeral
Fx,

I got some questions i hope u can answer when u got time.

Do u use the same GMT time? And what is this indicator (this white box?)

50 pips for g/j and 50 pips for g/u ?
Do u see if some times it hit a possibly SL with 50 pips ?

Thanks,
Hi Numeral
I used 20:00 GMT - 02:00 GMT and tested it on G/U and U/J because others are testing on G/J.
It might have hit the 50 SL, I'm not sure, but I will start FWD testing tonight and then use SL's.

The white box was posted by Bull in post 315 of this thread... http://www.forexfactory.com/showpost...&postcount=315

M&M
  • #360
  • Nov 8, 2007 7:57am Nov 8, 2007 7:57am
Howard & Bkoori, first of all I want to apologize for my poor indicador, I’m not a programmer but alter a few hours the only that I can do was these, may be somebody else here can help us to make the modifications that we need, for now the only that it do is show one Box and we need to change every day the day of began and the of of end.

Numeral, the Box is a indicator that you can found in the post 315.

For every one that who want to test this method in other pair, let me suggest the following hours for Box length (ALL IN GMT):

  1. NZDUSD: 22:00 to 06:00
  2. AUDUSD: 02:00 to 10:00
  3. GBPUSD: 03:00 to 11:00
  4. USDCHF: 03:00 TO 11:00
  5. EURGBP: 04:00 to 12:00
  6. EURUSD: 05:00 to 13:00
  7. USDCAD: 05:00 to 13:00
  8. USDJPY: 07:00 to 15:00
  9. EURJPY: 11:00 to 19:00

This it’s only a suggestion, I’m back test and it’s good for me, maybe somebody else can check a share with us his experience.

Bull

1 trader viewing now