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High & Low 8 Hours (GBP/JPY)

  • #981
  • Dec 3, 2007 6:07pm Dec 3, 2007 6:07pm
Nice Avatar!
  • #982
  • Dec 3, 2007 6:08pm Dec 3, 2007 6:08pm
Where's Nico?
  • #983
  • Dec 3, 2007 6:09pm Dec 3, 2007 6:09pm
No Nicotina?
  • #984
  • Dec 3, 2007 6:10pm Dec 3, 2007 6:10pm
Quoting jkancil
Buy Stop 228.38
Sell Stop 227.49
correct
member
  • #985
  • Dec 3, 2007 6:47pm Dec 3, 2007 6:47pm
May i know what time now in GMT to take price hi and lo? is it 1800-0200 or 1700-0100 GMT? i used ibfx broker for my trading? Now Is it winter or summer time ?
  • #986
  • Dec 3, 2007 6:57pm Dec 3, 2007 6:57pm
Quoting rapidfx
May i know what time now in GMT to take price hi and lo? is it 1800-0200 or 1700-0100 GMT? i used ibfx broker for my trading? Now Is it winter or summer time ?
its 1800 to 0200. go to one hour timeframe, you look for the start of 1800 and closing of 0100 candle.
  • #987
  • Dec 3, 2007 7:27pm Dec 3, 2007 7:27pm
Quoting rapidfx
May i know what time now in GMT to take price hi and lo? is it 1800-0200 or 1700-0100 GMT? i used ibfx broker for my trading? Now Is it winter or summer time ?
I believe IBFX is in GMT timezone.... so always 1800-0200....
  • #988
  • Dec 3, 2007 10:42pm Dec 3, 2007 10:42pm
Quoting henyloc
I got
High 228.48
Low 227.54
on Oanda. I do see the possibility of a huge breakout. This pair is really spooled up right now.

Even though the market is really pooring, I do expect a major breakout too, many SL would be triggered this week due to the range movement.

Wish u all nice & sweet pips

BK
  • #989
  • Dec 4, 2007 12:08am Dec 4, 2007 12:08am
EA working fine, entered short at 237.38 - 10 pips buffer / 238,48 low in Alpari at 00gmt (01:00 Alpari time) candle

  • #990
  • Dec 4, 2007 1:23am Dec 4, 2007 1:23am
I move my SL to BEP 227.49
  • #991
  • Dec 4, 2007 1:29am Dec 4, 2007 1:29am
Quoting jkancil
I move my SL to BEP 227.49
And I extended the TP to 200 pips, while I can be around watching, as this seems to be the daily direction today.

- Global stocks falling hard
- Dow Futures started falling
- People scrambing ahead of ECB, BOE, FED interest rate statements.

Also 225.50 area (for 200 pips profit) was previous short term toppish and then previous short term bottom. It's an area to be tested, why not?
  • #992
  • Dec 4, 2007 1:30am Dec 4, 2007 1:30am
I move my SL to 226.97 and i hope G/J reach our TP
  • #993
  • Dec 4, 2007 2:11am Dec 4, 2007 2:11am
It was close, price swing up to -49 but it manage to go down and +100 today
  • #994
  • Dec 4, 2007 2:31am Dec 4, 2007 2:31am
Quoting cesarnc
And I extended the TP to 200 pips, while I can be around watching, as this seems to be the daily direction today.

- Global stocks falling hard
- Dow Futures started falling
- People scrambing ahead of ECB, BOE, FED interest rate statements.

Also 225.50 area (for 200 pips profit) was previous short term toppish and then previous short term bottom. It's an area to be tested, why not?
Closed 75% for 100 pips with this immediate price action. Not going to abuse on the greed, for I have already paid big by not respecting strategies.

Remaining 25% is running with 200 pips TP and 100 pips trailer, now at 227.16. Let the market decide
  • #995
  • Dec 4, 2007 6:42am Dec 4, 2007 6:42am
I hope you can get TP 200

For me, I am happy with 100pips/day
  • #996
  • Dec 4, 2007 7:53am Dec 4, 2007 7:53am
saaedb,

How many times will the same order get replaced if they keep getting stopped out? For example the first sell order last night got stopped out, but the second order met our target profit. So we had two sell orders, one for -50 and the other for +100, giving us +50.

Thanks,
Zig
Always Stay Positive
  • #997
  • Dec 4, 2007 8:26am Dec 4, 2007 8:26am
I have read through the thread many times. I dont mean to ask the same questions but, I just can not figure out the candle times to use. Which candles do i use using fxcm charts? Some say 13-17. Some say 18-20. The numbers are not matching the candles. Could someone tell me which ones i can use from fxcm Charting.
  • #998
  • Dec 4, 2007 8:36am Dec 4, 2007 8:36am
Quoting smurf
I have read through the thread many times. I dont mean to ask the same questions but, I just can not figure out the candle times to use. Which candles do i use using fxcm charts? Some say 13-17. Some say 18-20. The numbers are not matching the candles. Could someone tell me which ones i can use from fxcm Charting.
FXCM is EST so you want to use 23 - 07 EST.
  • #999
  • Dec 4, 2007 8:37am Dec 4, 2007 8:37am
Here is a version of the EA that you can run on your live accounts if you wish.
I think its ok to run it on a live account now, but make sure you test it your self on a demo and are satisfied before you do it.

Enjoy!

Some features, if you attach the EA to the charts and the price has already broken above the range, it will place market orders. If you dont want it to do this, make sure you set the AllowLimitOrders to true, like this it will put Limit orders rather then market orders.
Attached File(s)
File Type: ex4 NicoTinaBreakOut.ex4   24 KB | 497 downloads
  • #1,000
  • Dec 4, 2007 8:40am Dec 4, 2007 8:40am
Quoting smurf
I have read through the thread many times. I dont mean to ask the same questions but, I just can not figure out the candle times to use. Which candles do i use using fxcm charts? Some say 13-17. Some say 18-20. The numbers are not matching the candles. Could someone tell me which ones i can use from fxcm Charting.
You take the highest high and lowest low, starting at 1800 GMT and ending at 0200 (01:59) GMT. I don't know the time standard used by FXCM.
The easy way to find out is to set your computer time to GMT and compare true GMT time to FXCM time. Then you will know.
Double click the time on the bottom right corner of your computer. Click the "Time Zone" tab. Set the time to GMT.
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