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High & Low 8 Hours (GBP/JPY)

  • #421
  • Nov 9, 2007 9:48am Nov 9, 2007 9:48am
The window is 2200-0459 (7 hours) because my historical data are GMT+1

Quoting billbss
So you are looking at a window of 2200 - 0500 rather than 2100-0400?

Maybe that's the best way.
  • #422
  • Nov 9, 2007 9:58am Nov 9, 2007 9:58am
Quoting autotrade-fx
The window is 2200-0459 (7 hours) because my historical data are GMT+1
I show the entrance into the long trade at 0505 GMT.
That could be the difference in our broker's data.
  • #423
  • Nov 9, 2007 11:49am Nov 9, 2007 11:49am
Quoting harold4x
bkoori if you enter 1 pip above the 238.03 and with spread its 238.11/04 then total profit shoule be 239.11 with stop at 237.61
No, TP should be calcualted from the price entery point, for example, as before, entery point is 238.04, then, TP is 239.04, thats what i do. Consider the spread thing only at ur entry position. You entered at 238.11/04, exit at 239.04. At that point, u should collect a net of +93 pips if ur broker's spread on GBP/JPY is 7pips. Dont be greedy just joking.

BK
  • #424
  • Nov 9, 2007 12:23pm Nov 9, 2007 12:23pm
Quoting eagle
Ciao Eagle
Stai usando il tuo indicatore per calcolare il box?
Quali orari hai messo?
Grazie

Hi Eagle
Are you using your breakout indicator to get the box?
What time are you using?

Oi Nicotina
Obrigado por compartilhar o teu TS, a EA està ja nesse thread ou nao?
  • #425
  • Nov 9, 2007 1:18pm Nov 9, 2007 1:18pm
Quoting Hakuna
Ciao Eagle
Stai usando il tuo indicatore per calcolare il box?
Quali orari hai messo?
Grazie

Hi Eagle
Are you using your breakout indicator to get the box?
What time are you using?

Oi Nicotina
Obrigado por compartilhar o teu TS, a EA està ja nesse thread ou nao?
STO' USANDO UN INDICATORE SIMILE PERCHE' QUESTI ORARI SONO DEL GIORNO PRIMA AL GIORNO DOPO E L'INDICATORE CHE TU CONOSCI NON PUO' FARLO.
USO 18,00-02,00 E SEMBRA ESSERE OK. PERO' IO AGGIUNGO +10 E -10
  • #426
  • Nov 9, 2007 1:24pm Nov 9, 2007 1:24pm
Quoting eagle
STO' USANDO UN INDICATORE SIMILE PERCHE' QUESTI ORARI SONO DEL GIORNO PRIMA AL GIORNO DOPO E L'INDICATORE CHE TU CONOSCI NON PUO' FARLO.
USO 18,00-02,00 E SEMBRA ESSERE OK. PERO' IO AGGIUNGO +10 E -10
Puoi postare qui l'indicatore?
Can you post here the indicator?
  • #427
  • Nov 10, 2007 2:37pm Nov 10, 2007 2:37pm
Quoting forexdetective
Here's an idea for those who can't follow the market for a re-entry if stop takes you out on the first move after a buy or sell entry.

Go and join http://www.alertfx.com

. . . there you can sign up to receive alerts on currency pairs when they hit certain values. You can set your alert for the stops with notification to your cell phone text messaging. It works for me!

Also, I have noticed at times that the currency will reverse and hit the stop after not quite going the 100 pip Tp move. Why don't members experiement with taking profit in 25 pip moves. If you have a full lot, just take profit in 25 pip moves for each 2 mini lots for example. Just an idea. Go back over time and see if this would be more profitable.

This service does not have the GBP/JPY pair for some reason. I think you can receive it at : www.4xwatch.com though. I am going to try it and see this week.

Rob
  • #428
  • Nov 10, 2007 9:25pm Nov 10, 2007 9:25pm
Hi all,

Sorry to ask this question here, but I have problem with my MT4 ibfx demo account, I can't open it and receive 'common error'. but in my live account, there is a connection. Why do I have this problem and how to resolve it? Do I have to reinstall the MT4 platform again?

TQ
  • #429
  • Nov 10, 2007 10:24pm Nov 10, 2007 10:24pm
Quoting fxhaz
Hi all,

Sorry to ask this question here, but I have problem with my MT4 ibfx demo account, I can't open it and receive 'common error'. but in my live account, there is a connection. Why do I have this problem and how to resolve it? Do I have to reinstall the MT4 platform again?

TQ
The demo account had probably expired.

On your MT4: Click "File". Then click "Open an account" and make another demo account.
  • #430
  • Nov 11, 2007 3:54am Nov 11, 2007 3:54am
Quoting billbss
The demo account had probably expired.

On your MT4: Click "File". Then click "Open an account" and make another demo account.
Hi Billbss,

I already try this, but the problem is I cannot open a new demo account.
  • #431
  • Nov 11, 2007 7:44am Nov 11, 2007 7:44am
Привет Nikotina!
I like your metod and we need to try it in others pairs.
Can you give me твой e-mail? (IN MY PM)
  • #432
  • Nov 11, 2007 9:15am Nov 11, 2007 9:15am
If we were to use the EA for this and our broker time is GMT0 as IBFX is then what should the inputs be for daystart and stopshift?

It is past DST until next year so that is not a problem for 6 more months and ibfx is always GMT0

and it does not matter the TF this is on??

Thanks
TM
Don't chase the market, Let the market come to you
  • #433
  • Edited 4:03pm Nov 11, 2007 2:49pm | Edited 4:03pm
Hi guys,

Could you tell me what software do you use to test your strategies or make backtest?
How do you know whether some strategy is making profit/loss?
I tried Forex Strategy Builder but I can't develop High&Low 8 Hours system.

Thanks
  • #434
  • Nov 11, 2007 6:59pm Nov 11, 2007 6:59pm
  •  bonzdoc
  • | Joined Jun 2007 | Status: Mountain Man & Beach Bum All In One | 41 Posts
Hi everyone,

How do I set this trade up on Sunday night? What hi and low do I use from Friday?
"If your mind can see it and believe it you can achieve it."
  • #435
  • Nov 11, 2007 7:16pm Nov 11, 2007 7:16pm
Quoting bonzdoc
Hi everyone,

How do I set this trade up on Sunday night? What hi and low do I use from Friday?

I believe he uses 000GMT - 0200 GMT- All today's stuff.
Nicotina will be here posting the numbers at 0200 (45 more minutes).
  • #436
  • Nov 11, 2007 7:17pm Nov 11, 2007 7:17pm
here is what i have discovered about getting the high and low based on nico using north finance. i have north finance he uses 2000 hour candle to begin and 0300 to end to find high and low not 1800 and 0200 check it out for your selves this is correct
  • #437
  • Nov 11, 2007 7:21pm Nov 11, 2007 7:21pm
Quoting harold4x
here is what i have discovered about getting the high and low based on nico using north finance. i have north finance he uses 2000 hour candle to begin and 0300 to end to find high and low not 1800 and 0200 check it out for your selves this is correct
No, I've matched up his numbers with what I know to be GMT. He's using 1800 up until 0200.
What the time standard is with North Finance, I don't know.

Sundays he starts it at a different time, but through the week it's 1800 - 0159 GMT
  • #438
  • Nov 11, 2007 7:47pm Nov 11, 2007 7:47pm
Can we use such timeframe trading way to GBP/USD,USD/JPY or any others,
maybe STOPLOSS 40 PIPS,TARGET 80 PIPS?

Hope to get your ideas
Ele
  • #439
  • Nov 11, 2007 7:58pm Nov 11, 2007 7:58pm
you may have matched them up with another broker but he uses north finance and based on that chart he miscommunicated as to the time if every one had north finance we would be on same page but based on his charts they are 2000 and 0300
  • #440
  • Nov 11, 2007 7:59pm Nov 11, 2007 7:59pm
Quoting harold4x
you may have matched them up with another broker but he uses north finance and based on that chart he miscommunicated as to the time if every one had north finance we would be on same page but based on his charts they are 2000 and 0300
Its 1800 up to 0200 GMT.
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