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High & Low 8 Hours (GBP/JPY)

  • #1,521
  • Dec 18, 2007 4:49am Dec 18, 2007 4:49am
Quoting 20pips
I'm also (still) very positive of this system. In fact, for this month, I'm still up more than +200 pips including today's loss.

Have you consistently traded with 100 S/L?
Yes...
  • #1,522
  • Dec 18, 2007 4:50am Dec 18, 2007 4:50am
Quoting smurf
I am still thinking about that 100 stop loss. Do you use only one trade a day? If so, you are still in the trade. Yesterday you had only 1 loss (-100), with one trade. Am I right?
Today, the entry was buy 228.96 (Zero buffer) and I was stopped out at 227.96. Low was 227.94 -> Sucks doesn't it? LOL...

Yesterday -100 / today -100. Sucks, too.
  • #1,523
  • Dec 18, 2007 5:01am Dec 18, 2007 5:01am
Hi guys
first post on this thread, great easy system
currently +100 and -100 over the last few days
I have on my FXDD platform a high of 228.87, I tend to set my orders 1 pip below or above the high / low
so I am long @ 228.88 with a SL of 100, almost got hit this morning, its got to be 100 SL on the gbp/jpy the way this pair moves
once I have a loss I do not re-enter, I tend to walk away and come back tomorrow, you dont need to over trade just have patience.
just my 2 cents
  • #1,524
  • Dec 18, 2007 5:32am Dec 18, 2007 5:32am
Quoting cesarnc
Today, the entry was buy 228.96 (Zero buffer) and I was stopped out at 227.96. Low was 227.94 -> Sucks doesn't it? LOL...

Yesterday -100 / today -100. Sucks, too.
I use fxcm. Who do you use. There always seems to be difference in the Hi-Low, but we are still close. 1 or 2 pips does make a difference.

I am in for my second round buy using a 50 pip stoploss. I know I am late. This is my second trade. Late.
  • #1,525
  • Dec 18, 2007 9:32am Dec 18, 2007 9:32am
Hello guys,
I have been using this strategy for the last little while and I like it. This strategy works great in up and down trending markets but not that good when the market is ranging.

To eliminate bad trades I was wondering if anyone has figured out the percentage of wins with the high and low differences of 100, 125,150 175, and 200 pips.

This might help us stay out of the market when the range is at a certain level.
  • #1,526
  • Dec 18, 2007 9:39am Dec 18, 2007 9:39am
I hope you guys are at least trying the EURJPY and GBPUSD settings that I recommended much earlier in the channel.

Here are my trades from today, towards the end you will see two extra deleted BUY/SELL orders for the GBP/JPY, and those are because when I custamized the history tab, the EA wasn't able to see one of its closed trade and thought only one SL has hit for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: Today.JPG Size: 58 KB
  • #1,527
  • Dec 18, 2007 9:43am Dec 18, 2007 9:43am
For this month:
<100 pip range: -100, +100, +100, +50, +50, +50, -100 = +150
100-200 range: -40, +100, -100, -100 = -140
200-300: none
300-400: +100

Quoting johng75
Hello guys,
I have been using this strategy for the last little while and I like it. This strategy works great in up and down trending markets but not that good when the market is ranging.

To eliminate bad trades I was wondering if anyone has figured out the percentage of wins with the high and low differences of 100, 125,150 175, and 200 pips.

This might help us stay out of the market when the range is at a certain level.
"People sometimes mistake luck with skill"
  • #1,528
  • Dec 18, 2007 9:47am Dec 18, 2007 9:47am
Quoting saaedb
I hope you guys are at least trying the EURJPY and GBPUSD settings that I recommended much earlier in the channel.

Here are my trades from today, towards the end you will see two extra deleted BUY/SELL orders for the GBP/JPY, and those are because when I custamized the history tab, the EA wasn't able to see one of its closed trade and thought only one SL has hit for the day.
Hi saaedb, can you point me to the EURJPY and GBPUSD settings?

thanks a lot
  • #1,529
  • Dec 18, 2007 9:56am Dec 18, 2007 9:56am
Quoting sertio
Hi saaedb, can you point me to the EURJPY and GBPUSD settings?

thanks a lot

http://www.forexfactory.com/showpost...&postcount=922

Also, Set the SetAndForGet = true. I built that variable after that post.
  • #1,530
  • Dec 18, 2007 10:06am Dec 18, 2007 10:06am
Someone requested that they wanted the option to make trading on Monday and/or Friday optional.

The attached EA has this option

New parameters :

TradeMonday
TradeFriday
Attached File(s)
File Type: ex4 NicoTinaBreakOut.ex4   25 KB | 378 downloads
  • #1,531
  • Dec 18, 2007 10:11am Dec 18, 2007 10:11am
Quoting saaedb
You're doing something wrong, I just tried it on MIG with a $500 account and everything is working properly.

Show me all your settings.
Saeedb
As follows:
EA Settings:

GBPJPY
SL 50
TP 100
EntryBuffer 0
Range Start (GMT) 18
Range End (GMT) 2
NumberOFResets 2
MaxRange 300
MinRange 0
AllowLimitOrders False
OnMondayUse... True
CloseEndOf..... 19
FixLot 0.1
Risk 1.0
MoneyManage..... True
MinLotSizeAllowed 0.1
Isaccountmini false
TrailingStop 0
BrerakEven Stop 0
SetAndForget True

As soon as hit EA button, Error 131 starts

Many thanks Harve
learn, profit, share
  • #1,532
  • Dec 18, 2007 10:34am Dec 18, 2007 10:34am
Quoting harv58
Saeedb
As follows:
EA Settings:

GBPJPY
SL 50
TP 100
EntryBuffer 0
Range Start (GMT) 18
Range End (GMT) 2
NumberOFResets 2
MaxRange 300
MinRange 0
AllowLimitOrders False
OnMondayUse... True
CloseEndOf..... 19
FixLot 0.1
Risk 1.0
MoneyManage..... True
MinLotSizeAllowed 0.1
Isaccountmini false
TrailingStop 0
BrerakEven Stop 0
SetAndForget True

As soon as hit EA button, Error 131 starts

Many thanks Harve
Here try the attached EA. It will tell you the lot size of the position that the EA is trying to open. If thats too big, then just Set

Moneymanagement = false
FixedLotSize = 0.1 (or what ever you want it to trade)

and give it shot.

P.S: also, let me know what lot size was it trying to open
Attached File(s)
File Type: ex4 NicoTinaBreakOut.ex4   26 KB | 420 downloads
  • #1,533
  • Dec 18, 2007 10:47am Dec 18, 2007 10:47am
Quoting saaedb
Here try the attached EA. It will tell you the lot size of the position that the EA is trying to open. If thats too big, then just Set

Moneymanagement = false
FixedLotSize = 0.1 (or what ever you want it to trade)

and give it shot.

P.S: also, let me know what lot size was it trying to open
Saaedb
It was trying to open 0.1 before.
This EA now gives sad face and a 4109 error. thank you for your patience.
ta
Harve
learn, profit, share
  • #1,534
  • Dec 18, 2007 10:56am Dec 18, 2007 10:56am
Quoting saaedb
Here try the attached EA. It will tell you the lot size of the position that the EA is trying to open. If thats too big, then just Set

Moneymanagement = false
FixedLotSize = 0.1 (or what ever you want it to trade)

and give it shot.

P.S: also, let me know what lot size was it trying to open
Saeedb,
got smiley face now but 133 error still here even when apply the MM=false and 0.1 lotsize?
ta
Harve
learn, profit, share
  • #1,535
  • Dec 18, 2007 11:32am Dec 18, 2007 11:32am
Quoting harv58
Saeedb,
got smiley face now but 133 error still here even when apply the MM=false and 0.1 lotsize?
ta
Harve

133 is a trade is disabled error.


Make sure you follow this

http://www.forexfactory.com/showpost...&postcount=889

You guys are killing me here with such basic issues...
  • #1,536
  • Dec 18, 2007 11:46am Dec 18, 2007 11:46am
Quoting saaedb
133 is a trade is disabled error.


Make sure you follow this

http://www.forexfactory.com/showpost...&postcount=889

You guys are killing me here with such basic issues...
But you are being very patient with these newbies, and I am sure they appreciate it.
Trade what you see, not what you think.
  • #1,537
  • Dec 18, 2007 1:02pm Dec 18, 2007 1:02pm


Quoting cesarnc
This strategy (I prefer the 100 SL/ no re-enter) has proven to be profitable in the long run.
  • #1,538
  • Dec 18, 2007 4:15pm Dec 18, 2007 4:15pm
Quoting harv58
Saeedb
As follows:
EA Settings:

GBPJPY
SL 50
TP 100
EntryBuffer 0
Range Start (GMT) 18
Range End (GMT) 2
NumberOFResets 2
MaxRange 300
MinRange 0
AllowLimitOrders False
OnMondayUse... True
CloseEndOf..... 19
FixLot 0.1
Risk 1.0
MoneyManage..... True
MinLotSizeAllowed 0.1
Isaccountmini false
TrailingStop 0
BrerakEven Stop 0
SetAndForget True

As soon as hit EA button, Error 131 starts

Many thanks Harve

Try Isaccountmini=true
Hope this help!

Good Trading to all
  • #1,539
  • Dec 18, 2007 5:16pm Dec 18, 2007 5:16pm
Quote
Originally Posted by saaedb http://www.forexfactory.com/images/buttons/viewpost.gif
133 is a trade is disabled error.


Make sure you follow this

http://www.forexfactory.com/showpost...&postcount=889

You guys are killing me here with such basic issues...
Quote
But you are being very patient with these newbies, and I am sure they appreciate it.
I will second that about patience with newbies, saaedb. You are indeed very kind. I benefited hugely from the kind understanding of individuals just like you when I started trading a few months ago.

What goes around comes around; keep sending the kindness around and it will return to you eventually.

Cheers

  • #1,540
  • Dec 18, 2007 5:48pm Dec 18, 2007 5:48pm
Quoting SteveHopwood
I will second that about patience with newbies, saaedb. You are indeed very kind. I benefited hugely from the kind understanding of individuals just like you when I started trading a few months ago.

What goes around comes around; keep sending the kindness around and it will return to you eventually.

Cheers

Kindness is like virginity, once its gone, its just gone!
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