High & Low 8 Hours (GBP/JPY)

Bill,

you're right in that as long as no order gets executed, there will be no stops in the market.
Those other systems I've seen used a minimum range to ensure that on a day with a narrow trading range (low volatility) no trades get executed.

bye
Ohka

20/11/2007


Buy: 225.62
Sell: 224.54

Nicotina.... can you post a chart for today ..... Just want to compare to see if I did it correctly.. thanks

Can someone share a box indicator for MT4 that would show the high & low level for a inputted times? Thanks!

Did we get stopped out?

the sell got activated earlier and got stopped out...the buy just got triggered..

good call nicotina, i cut the buy at 55pips

Yep...my 200 GMT Sell got stopped out for a 50 pip loss, BUT both the 200 GMT and the 400 GMT trade Buys were manually closed with an overall 133 pip gain. Net 40 pips last night and 85 pips tonight, Me likes!

Bob in Wisconsin

I gotta have my PIPS! +50 today...but that is 50 more than I woke up with!! Thanks again Nicotina~

Looks like some more of those cold hard facts...LOL

50green many thanks to nicotina

I stayed away from the short position today due to the strong support on the weekly. Netted 100 pips from GJ and 40 pips from GU.

Sweet system Nico.

Peace,
8Toenails

Great to hear that 8

Great Job Nico & Billbss

-50 pips on Sell and + 100 on buy

thank you Nicotina

Got my greens today... thanks nico!!

wow... at first glance it's one nice piece of strategy...

Gonna try it, too...

I like simple strategies like this one. Also prevents me from large amounts of "nicotina"

Thanks for sharing.

guys... n gals..
i notice that this thread is quiet now..
why is that so?
does this mean that this system doesn't work in the long run?
or....
does it mean that this system is so simple that there's not much to tweek
or discuss n everyone is happy to have 50 or 100 pips perday. end of question..
hahaha.... laughing on the way to the bank...
miss all the discussion..

Ha I guess so! Usually you see more posts around the entry times.

good day,
thank you for your system. i didnt get to fully understand it. i sent a maiol to you , hope you do reply. thank you . my email is [email protected]

Hey Bill,

There are 3 Nicotina trades discussed on this forum. I call them Nico 8 (trade time @ 8PM CST), Nico 10 (10PM CST) and Nico 12 (Midnight CST).

Each trade varies regarding currency pairs, SL, TP. etc..

What I have been trying to do, is split my trading exposure evenly amongst the 3 trades. The benefits are that I am investing in the market movement at 3 separate entry points which gives me greater diversification, and an opportunity to size up the market as the evening progresses. I have only been trading this way for a few days, but I am enjoying winning overall net pips most every day, despite a few SL's here and there.

How do you view this approach? Do you consider it to be viable long-term? I have a bunch of other straddle strategies that I employ, buyt I am currently concentrating my efforts with Nico.

Bill...many thanks to you for providing translation/explanation for our group, here. You have made it much easier to comprehend. When I earlier noted that you "endorsed" the Nicotina system, that was all I had to know that something special was happening, here.

Keep up the great work, my friend!
Bob in Wisconsin