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High & Low 8 Hours (GBP/JPY)

  • #2,681
  • Feb 18, 2008 1:08am Feb 18, 2008 1:08am
Well its hit SL50...hope tomorrow can get +100...see ya tomorrow..
  • #2,682
  • Feb 18, 2008 1:49am Feb 18, 2008 1:49am
hi - 211.89
lo - 211.08

sell already triggered
  • #2,683
  • Feb 18, 2008 2:18am Feb 18, 2008 2:18am
Quoting croesesFX
hi - 211.89
lo - 211.08

sell already triggered
oh yeah forgot to cancel sell...now triggered..oh well just wait and see..
  • #2,684
  • Feb 18, 2008 2:20am Feb 18, 2008 2:20am
This is the first time to use this setup for real
short went fine, got +100
now i'm in Long, Hope will go well
All the best
  • #2,685
  • Feb 18, 2008 3:30am Feb 18, 2008 3:30am
Quoting m_atif2000
This is the first time to use this setup for real
short went fine, got +100
now i'm in Long, Hope will go well
All the best
Long was triggered first if you follow the rules. How did you get +100 for sell?
  • #2,686
  • Feb 18, 2008 3:43am Feb 18, 2008 3:43am
today is bad day for this system ok, let see tomorrow, hopefully we will get better trade.

oh ya, just my 2 cent, don't rely to much on the system, still we need to learn how price move
  • #2,687
  • Feb 18, 2008 4:23am Feb 18, 2008 4:23am
my ma's didn't allow me to take the long trade and i didn't go short because the low of 210.62 was made on a green candle. So nothing for today.
  • #2,688
  • Feb 18, 2008 5:13am Feb 18, 2008 5:13am
Quoting gayheart6333
When you guys refer to buffer are you meaning the spread or something else.

Thanks

Gayheart,

This is from a summary put together in post# 2230.......


Entry Buffer: The buffer is placed above/below the Range High/Low to set the automatic Buy/Sell Stop orders. If you want the EA to enter the trades right at the range extreme, then set this to 0. If you want to add some padding (the default is 10) set this to what ever padding you want and it will add that much padding to the range and enter the orders there. Let’s say, the Upper Range is 100 and the Lower Range is 60. If you set the Buffer to 0, the EA will place the Buy order at 100 + spread and the sell order at 60. Now, if you leave the default setting, in which the Buffer is set to 10, the EA will enter the Buy order at 100 + Buffer + Spread = 110 + Spread and the Sell order at 60 – Buffer = 50. (For the GBPJPY, I use 8 and for the EURJPJ and GBPUSD I use 5 (LarryR).)

Hope this helps
Unus pro omnibus, omnes pro uno
  • #2,689
  • Feb 18, 2008 5:23am Feb 18, 2008 5:23am
Hello,


Has anyone used the ENTER ON RETRACEMENT option that the EA offers? I have noticed that on several occasions including today, that after the breakout, price turns around and goes the other way past the H/L for a substantial gain.

Thanks
Unus pro omnibus, omnes pro uno
  • #2,690
  • Feb 18, 2008 6:18am Feb 18, 2008 6:18am
Hello people,
Just wanted to confirm if the last EA version is the one posted on Jan 16 - NicoTinaBreakOut_V2.ex4

Thanks for your answer...

Middleastern
  • #2,691
  • Feb 18, 2008 6:21am Feb 18, 2008 6:21am
Quoting moneda
Hello,


Has anyone used the ENTER ON RETRACEMENT option that the EA offers? I have noticed that on several occasions including today, that after the breakout, price turns around and goes the other way past the H/L for a substantial gain.

Thanks
Modena,
Noticed this myself recently. I use EA daily but have not tried this option yet, guess i was waiting for someone else first! Would be interested to see the outcome.
Incidently, do you trade the 100SL or the 50SL fo GJ? It would eb interesting to see which system tweak currently works the best.

Harv
learn, profit, share
  • #2,692
  • Feb 18, 2008 6:25am Feb 18, 2008 6:25am
Quoting Middleastern
Hello people,
Just wanted to confirm if the last EA version is the one posted on Jan 16 - NicoTinaBreakOut_V2.ex4

Thanks for your answer...

Middleastern

Yes, I believe that is the one until Saaedb returns from vacation.
Unus pro omnibus, omnes pro uno
  • #2,693
  • Feb 18, 2008 6:29am Feb 18, 2008 6:29am
Quoting harv58
Modena,
Noticed this myself recently. I use EA daily but have not tried this option yet, guess i was waiting for someone else first! Would be interested to see the outcome.
Incidently, do you trade the 100SL or the 50SL fo GJ? It would eb interesting to see which system tweak currently works the best.

Harv
Harv,

I have been trading the 100sl as suggested by Cesarnc(see his posts on this thread) but I am still trying other sl/tp/ts/be options
Unus pro omnibus, omnes pro uno
  • #2,694
  • Feb 18, 2008 6:36am Feb 18, 2008 6:36am
Quoting moneda
Harv,

I have been trading the 100sl as suggested by Cesarnc(see his posts on this thread) but I am still trying other sl/tp/ts/be options
Modena,

would be useful to get a weekly comparison of the tweaks and original nico system, similar to what the guys do over on the Daily 95pips site. We could then perhaps trade slightly differently depending on the changing market conditions. Just a thought.

Harv
learn, profit, share
  • #2,695
  • Feb 18, 2008 8:05am Feb 18, 2008 8:05am
Thanks,

I have not tried the EA yet but I am planning on it.

I read the EA and saw this.

Thanks again.

This is from a summary put together in post# 2230.......


Entry Buffer: The buffer is placed above/below the Range High/Low to set the automatic Buy/Sell Stop orders. If you want the EA to enter the trades right at the range extreme, then set this to 0. If you want to add some padding (the default is 10) set this to what ever padding you want and it will add that much padding to the range and enter the orders there. Let’s say, the Upper Range is 100 and the Lower Range is 60. If you set the Buffer to 0, the EA will place the Buy order at 100 + spread and the sell order at 60. Now, if you leave the default setting, in which the Buffer is set to 10, the EA will enter the Buy order at 100 + Buffer + Spread = 110 + Spread and the Sell order at 60 – Buffer = 50. (For the GBPJPY, I use 8 and for the EURJPJ and GBPUSD I use 5 (LarryR).)

Hope this helps[/quote]
  • #2,696
  • Feb 18, 2008 8:23am Feb 18, 2008 8:23am
Quoting moneda
Yes, I believe that is the one until Saaedb returns from vacation.
Thanks, Moneda.
I am new on this thread (still reading it... quite a lot of posts), and tomorrow will start demoing the EA on several pairs. I understand that Saaedb put a restriction that only allows for demo trading. Is that still the case?

Regards and thanks for anyone answering

Middleastern
  • #2,697
  • Feb 18, 2008 9:47am Feb 18, 2008 9:47am
Quoting morton82
Long was triggered first if you follow the rules.
How did you get +100 for sell?
Hi Morton
Sell order at 211.710
  • #2,698
  • Feb 18, 2008 10:32am Feb 18, 2008 10:32am
You went short when you should have gone long, but hey...you made some dough.
  • #2,699
  • Feb 18, 2008 7:05pm Feb 18, 2008 7:05pm
okay guys..good luck...
  • #2,700
  • Feb 18, 2008 11:31pm Feb 18, 2008 11:31pm
closed yesterdays short out for +79 @ 210.29

waiting for this bar to finish to get todays trades
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