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High & Low 8 Hours (GBP/JPY)

  • #1,901
  • Jan 3, 2008 10:28am Jan 3, 2008 10:28am
Quoting Akalra
Steve,

Thanks for your posts. You said you use EA for the trade on G/Y. I did too. But my range showed me range was too big because of long spike up on 23.00 GMT hour (221.99) and lower range of 216.29), so no trades were taken. Since I set up my range at 18:00 to 1:00 (close of 1 = 1.59.59 actually). Did you use some other range begin time to come up with lower range reading? I just wanted to know if it differs from Nicotina's method.

Same thing happened with Eur/jpy, I used 21:00 PM to 4:00 AM. Range was too large for this one as well.

Akalra
I live-trade gj. I am demo-trading gu and ej for now.

My gj RangeStart is 18, RangeEnd is 2, as recommended in the instructions. When I first downloaded the ea, the default for MaxRange was 300. I have kept this despite the instructions talking about 150, yet hardly a day goes by without gy ranging quite a lot more than this.

I did try 200 yesterday, and missed out on the +100 that some others reported. In preparation for today, I went back to 300, well within the range calculated by the ea. That explains why I had trades today. The demo gj was set to 150, and so took no trades.

Hope this helps. I am new to breakout trading and the gj. If any of the more experienced traders here thing a range of 300 is too wide for safety I would appreciate them saying so. I sill have much to learn.


  • #1,902
  • Jan 3, 2008 11:15am Jan 3, 2008 11:15am
Originally Posted by vsumardi http://www.forexfactory.com/images/buttons/viewpost.gif
well, i see a one minute candle around 23.30 with hi 221.95 and lo 216.73. thats more than 500 pips for one minute candle.

I only use ibfx demo because my broker doesn't support MT4 and i use MT4 to get price alert. It might be different in live trading.
Quoting tjsun80
That's super crazy !!


I see nothing like this in my live feed charts. NOt sure where you came up with this, must be an error in your program.
  • #1,903
  • Jan 3, 2008 7:05pm Jan 3, 2008 7:05pm
I'm not using EA. Getting more than 100 pips is complicated and includes the presence of current trend, Heikin Ashi, and other indicators with a solid grasp of fundamentals.

It's still advisable to use 100 pips as TP since at this setting the system is working.

Quoting tresorfx
i would like to know if it's possible to take more than 100pips a days with the ea you provide?
I ask this question because the nicotina method advise to set the target to 100pips one time. and when i was reading his performance he caught more than 100pips a day. how is it possible?
is there any settings with your ea to take more than 100pipos a days?
thanks
"People sometimes mistake luck with skill"
  • #1,904
  • Jan 3, 2008 7:13pm Jan 3, 2008 7:13pm
My input for today
Low - 215.10
Hi - 216.38
from FXDD platform


Happy Trading! Target +100 pips today.
Please confirm this reading before trading
Theres' light at the end of the tunnel....
  • #1,905
  • Jan 3, 2008 7:21pm Jan 3, 2008 7:21pm
I think you are 1 hour too early for high and lows. I don't get orders until 9pm est. as per nicotina. I am with interbankfx. I think fxdd is gmt+1


Quoting kusniagos
My input for today
Low - 215.10
Hi - 216.38
from FXDD platform


Happy Trading! Target +100 pips today.
Please confirm this reading before trading
  • #1,906
  • Jan 3, 2008 7:30pm Jan 3, 2008 7:30pm
Quoting gerrigirl
I think you are 1 hour too early for high and lows. I don't get orders until 9pm est. as per nicotina. I am with interbankfx. I think fxdd is gmt+1
If I'm not mistaken its GMT+2 for FXDD Platform. Can anyone confirm this? Thanks
Theres' light at the end of the tunnel....
  • #1,907
  • Jan 3, 2008 7:44pm Jan 3, 2008 7:44pm
Check what your time is now in your country and just wait for the new hour. that will be when you place the orders. at the start of that candle. Nicotina always gave his prices at 9pm est for me.
Fxdd may be gmt+2 but I'm not positive, Hope I've helped and not confused you more
  • #1,908
  • Jan 3, 2008 7:51pm Jan 3, 2008 7:51pm
Quoting kusniagos
If I'm not mistaken its GMT+2 for FXDD Platform. Can anyone confirm this? Thanks
FXDD is gmt +2
  • #1,909
  • Jan 3, 2008 7:54pm Jan 3, 2008 7:54pm
Anyone else in yet?
I got in at 215.13
  • #1,910
  • Jan 3, 2008 8:05pm Jan 3, 2008 8:05pm
Here are my orders
buy 216.46
sell 214.54
IBFX
  • #1,911
  • Jan 3, 2008 8:06pm Jan 3, 2008 8:06pm
Hello,



Gbp/Jpy Range:

H-216.38
L- 214.57

Good Luck to All.
Unus pro omnibus, omnes pro uno
  • #1,912
  • Jan 3, 2008 8:21pm Jan 3, 2008 8:21pm
Quoting Akalra
Vsumardi,

I use IBFX platform and used EA. Now I know why it gave me range of more than 500 pips and got the message as range too large to trade. Same with Eur/Jpy. Was it the IBFX chart only, which showed spike at 23:44PM and was a fake one?

Akalra
the strange 500 pips candle only appear in 15min and less time frame, it doesn't show in 30min or more, if this happened to you also than i really don't know what cause this..
  • #1,913
  • Jan 3, 2008 8:27pm Jan 3, 2008 8:27pm
Quoting freed14
I see nothing like this in my live feed charts. NOt sure where you came up with this, must be an error in your program.
yeah, i don't believe its ibfx problem. the 500 pips candle only show in 15 and less time frame for demo acc, it's strange so my guess the problem is in either the demo feed or my MT4 connection was having problem (probably price glitch or something). hopefully it will never happened in live trading..
  • #1,914
  • Jan 3, 2008 8:35pm Jan 3, 2008 8:35pm
Quoting kusniagos
My input for today
Low - 215.10
Hi - 216.38
from FXDD platform


Happy Trading! Target +100 pips today.
Please confirm this reading before trading
hi kusniagos,
i think you're one hour to early for the low

forex.com
=======
hi: 216.40
lo: 214.56
  • #1,915
  • Jan 3, 2008 8:54pm Jan 3, 2008 8:54pm
EFX:
same as yours

Quoting vsumardi
hi kusniagos,
i think you're one hour to early for the low

forex.com
=======
hi: 216.40
lo: 214.56
"People sometimes mistake luck with skill"
  • #1,916
  • Jan 3, 2008 9:08pm Jan 3, 2008 9:08pm
Quoting 20pips
EFX:
same as yours
Thanks noted
Theres' light at the end of the tunnel....
  • #1,917
  • Jan 3, 2008 9:09pm Jan 3, 2008 9:09pm
How did you fair yesterday?
Theres' light at the end of the tunnel....
  • #1,918
  • Jan 3, 2008 10:52pm Jan 3, 2008 10:52pm
Guppy
Everyone is cautious today due to NFP and ISM coming out at 0100hrs EST. For my Guppy which I know is inherently bullish if NSP is disappointing. So. trade a long for this trade then? Not so fast, Yen is under pressure due to increasing light sweet crude oil, although the risk aversion is very much palpable after Bhutto was killed.

Quo vadis? I'm deloping an new strategy geared towards news (Juice News) but unfortunately I'd be working when the NFP is announced.

Gussy
Will continue with cowabunga after the news.

I try to do to introduce my 35er or 75er the right time comes arround.
"People sometimes mistake luck with skill"
  • #1,919
  • Jan 3, 2008 11:28pm Jan 3, 2008 11:28pm
Hi, my range for GJ is out, the figure too high. Need to confirm the followings if they are the same (or more or less) than you all:-

EU 1.4752/1.4736
GU 1.9838/1.9704
EJ 161.53/160.43

Anyone, please?

Thank you.
  • #1,920
  • Edited 12:29am Jan 4, 2008 12:02am | Edited 12:29am
Quoting joyrider
Hi, my range for GJ is out, the figure too high. Need to confirm the followings if they are the same (or more or less) than you all:-

EU 1.4752/1.4736
GU 1.9838/1.9704
EJ 161.53/160.43

Anyone, please?

Thank you.
hi bro
the range in fxsol
eu 1.4751/1.4732
gu 1.9738/1.9706
ej 161.53/160.45
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