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High & Low 8 Hours (GBP/JPY)

  • #2,501
  • Feb 8, 2008 5:24am Feb 8, 2008 5:24am
Quoting booktimes
Are you in UK, and are you using that same timeframe?
and if so what are your results like?
Tom(uk)
Hi Tom, I am also based in the UK and just came accross Croesses alternative time frame very recently. I will be implementing it next week as it is very impractical for me to be getting up at 2.00am each morning.

I have tried using the EA [on DEMO], but it does'nt seem to be playing ball with me, sometimes it places trades sometimes it does'nt and the highs and lows are more often than not way out. Not exactly sure what the problem is. This is with both IBFX and Alpari [demo].

Wonder
  • #2,502
  • Feb 8, 2008 5:28am Feb 8, 2008 5:28am
Quoting jphole
I think your time frame is very interesting

BTW your broker is GMT+2 ?

And plz let me know your today's hi and low for G/J
broker GMT+2, yes
hi 208.79
low 208.06
  • #2,503
  • Feb 8, 2008 5:30am Feb 8, 2008 5:30am
u using something like nicotina's gbp/usd system right?... i cant use it coz by that time i already in office..heheheh
  • #2,504
  • Feb 8, 2008 5:37am Feb 8, 2008 5:37am
Quoting microsuck_36
u using something like nicotina's gbp/usd system right?... i cant use it coz by that time i already in office..heheheh
only trading g/j
as this has more movement than g/u
  • #2,505
  • Feb 8, 2008 5:40am Feb 8, 2008 5:40am
Quoting croesesFX
only trading g/j
as this has more movement than g/u
okay got it...but sad i cant use it...will be in office during tat time

edit: use 2 x 4 hrs candlestick from 6pm - 10pm and 10pm - 2am (new york time)
  • #2,506
  • Feb 8, 2008 6:53am Feb 8, 2008 6:53am
Still in the game today, sl set at 60 came within 1 pip.
  • #2,507
  • Feb 8, 2008 7:04am Feb 8, 2008 7:04am
Quoting Viso
Yes I got Hi 209.38
Lo 208.06


Moneda
What settings are you using on the Ea?
Viso,

If you start with the first line under "General Settings" and follow it until you reach the end of that section this is what I have:

GBP/JPY
100
100
8
18
1
1
300
0
false
true
25
false
15
19
60
---------------
GBP/USD

60
60
8
23
6
1
300
0
false
true
25
false
15
19
60



Hope this helps.
Unus pro omnibus, omnes pro uno
  • #2,508
  • Feb 8, 2008 7:24am Feb 8, 2008 7:24am
Stopped out. Oh well. Try again next week. Thanks for the settings Moneda!
  • #2,509
  • Feb 8, 2008 7:54am Feb 8, 2008 7:54am
Thanks Moneda
I didnt notice when I first read your results that you were using GU as well as GJ.
Oh well just got stopped out on GJ sl 60 tp 90http://www.forexfactory.com/images/icons/icon9.gif
  • #2,510
  • Feb 8, 2008 8:01am Feb 8, 2008 8:01am
  •  007
  • | Joined Jun 2007 | Status: "Undisciplined Trader" | 49 Posts
is there any document for this strategy ?
  • #2,511
  • Feb 8, 2008 8:46am Feb 8, 2008 8:46am
Quoting croesesFX
+100
thats +378 for the week
Well, I don't know what I'm doing wrong since I'm not doing anything other then letting the EA run but I'm -50 for this week. Yay for demo accounts is all I have to say.
  • #2,512
  • Feb 8, 2008 9:15am Feb 8, 2008 9:15am
Quoting papagenu
Well, I don't know what I'm doing wrong since I'm not doing anything other then letting the EA run but I'm -50 for this week. Yay for demo accounts is all I have to say.
Are you checking that the Highs and lows are basically the same as what is being posted in the forum?.

Wonder
  • #2,513
  • Feb 8, 2008 9:31am Feb 8, 2008 9:31am
sombody needs to push this to 205or 204
  • #2,514
  • Feb 8, 2008 9:38am Feb 8, 2008 9:38am
Quoting papagenu
Well, I don't know what I'm doing wrong since I'm not doing anything other then letting the EA run but I'm -50 for this week. Yay for demo accounts is all I have to say.
Just one of those weeks I guess. I did not trade Monday but Had 3 sl and 1 tp on the GJ 18-2 gmt this week.
  • #2,515
  • Feb 8, 2008 12:08pm Feb 8, 2008 12:08pm
sun hi 210.24
lo 209.23 +100
mon hi 211.11
lo 213.36 +100
tue hi 210.39
lo 208.83 +100
wen hi 209.40
lo 208.27 +100
thu hi 209.38
lo 208.04 stillin trade. closing out before week end. Right now down a little. Looks like it is in a channel. will wait and see. Might take +25.

Not to bad using 100 stoploss this week. You will have good and bad weeks.

I see some one else is using another time frame. I will reread the whole thread this weekend and see what the difference. I am in the US-Tennesse.Lets do what ever works for us.

Lets make the pips.
  • #2,516
  • Edited 8:08pm Feb 10, 2008 5:28pm | Edited 8:08pm
its monday again...good luck guys...

Ariefdff and Smurf what is ur High and Low for today..
  • #2,517
  • Feb 10, 2008 8:31pm Feb 10, 2008 8:31pm
Hi 209.50
Lo 208.70
  • #2,518
  • Feb 10, 2008 8:40pm Feb 10, 2008 8:40pm
Quoting Viso
Hi 209.50
Lo 208.70
almost same like ur..
  • #2,519
  • Feb 10, 2008 9:29pm Feb 10, 2008 9:29pm
Quoting Viso
Hi 209.50
Lo 208.70
yep, me too good luck then
  • #2,520
  • Feb 10, 2008 11:52pm Feb 10, 2008 11:52pm
triggered on sort entry, good luck everybody
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