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High & Low 8 Hours (GBP/JPY)

  • #2,741
  • Feb 21, 2008 4:30am Feb 21, 2008 4:30am
Quoting croesesFX
+100 on buy
Just got +101...thank you.....hope tomorrow will be the same like 2day..
  • #2,742
  • Feb 21, 2008 4:31am Feb 21, 2008 4:31am
Quoting dar4582
buy on trade....
finish for today....
+100
  • #2,743
  • Feb 21, 2008 5:28am Feb 21, 2008 5:28am
Quoting forexzerosum
this system is working and has worked for some time...however i have done a study back many years and prior to 2007 it was a huge loser 2006, 2005,2004...
for those of you who follow the markets long term we know we see cycles, 2003-2007 we were in consolidation and or gentlr sloping movement with much smaller dailyy ranges.
SInce 2007 we have seen more volatitity and bigger ranges.....therefore make hay while the sun shines..BUT do not think it will work forever as it wont...

mmmm......
  • #2,744
  • Feb 21, 2008 5:44am Feb 21, 2008 5:44am
does anyone use interbankfx tell me the high and low for today??because my stop was hit and my order was sell.
HIGH 210.47
LOW 209.68
Sorry about my english...
  • #2,745
  • Feb 21, 2008 6:33am Feb 21, 2008 6:33am
??
Sorry about my english...
  • #2,746
  • Feb 21, 2008 6:52am Feb 21, 2008 6:52am
I have G.F.T Deal Book 360.

H. 210.39

L. 209.67
  • #2,747
  • Feb 21, 2008 7:00am Feb 21, 2008 7:00am
Look this candle in pink.This is why open my sell order.I don t know why open a buy order!!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: imagem.JPG Size: 286 KB
Sorry about my english...
  • #2,748
  • Feb 21, 2008 1:32pm Feb 21, 2008 1:32pm
Quoting forexzerosum
this system is working and has worked for some time...however i have done a study back many years and prior to 2007 it was a huge loser 2006, 2005,2004...
for those of you who follow the markets long term we know we see cycles, 2003-2007 we were in consolidation and or gentlr sloping movement with much smaller dailyy ranges.
SInce 2007 we have seen more volatitity and bigger ranges.....therefore make hay while the sun shines..BUT do not think it will work forever as it wont...
i dont agree.show me the results!!!!this is the best system of forexfactory.Simple and profitable.
Sorry about my english...
  • #2,749
  • Feb 21, 2008 1:44pm Feb 21, 2008 1:44pm
GPB/JPYCOMPRA0,1211,59211,09212,59211,0918-2 GMT-4,64-2,50%GPB/JPYVENDA0,1210,61211,11209,61209,6118-2 GMT9,295%GPB/JPYCOMPRA0,1210,39209,89211,39209,8918-2 GMT-4,64-2,50%GPB/JPYVENDA0,1209,68210,18208,68210,1818-2 GMT-4,62-2,50%
Sorry about my english...
  • #2,750
  • Feb 21, 2008 5:49pm Feb 21, 2008 5:49pm
okay guys its friday...good luck
  • #2,751
  • Feb 21, 2008 8:37pm Feb 21, 2008 8:37pm
bad day
near to hitt - 50
Sorry about my english...
  • #2,752
  • Feb 21, 2008 8:59pm Feb 21, 2008 8:59pm
Quoting CIORIMAU--
bad day
near to hitt - 50
Be positve CIORIMAU. We are not in a bad day yet.
Vouloir c'est pouvoir!
  • #2,753
  • Feb 21, 2008 9:02pm Feb 21, 2008 9:02pm
Quoting Nicotina
System: Find the maximum and the minimum between 18:00GTM and 2:00GTM and then put a buy stop order with maximum and a sell stop order with the minimum.
TP 100
SL 50
If close in S/L open again the stop orders.
Close the day if close in S/L for the second time.
Close the day if close in TP.
Do not change the SL and the TP
Closes orders manually only at the end of the day (18:00 GTM).

P.S- Sorry my english
Many thanks to you for this system, Nicotina.
Vouloir c'est pouvoir!
  • #2,754
  • Feb 22, 2008 12:21am Feb 22, 2008 12:21am
North Finance:

HI = 211.33 (triggered)
LOW = 210.19

Please correct me if I'm wrong.
  • #2,755
  • Feb 22, 2008 12:54am Feb 22, 2008 12:54am
high 211.57
low 210.62
  • #2,756
  • Feb 22, 2008 2:45am Feb 22, 2008 2:45am
well its hit SL50 for me...so total this week +1.hahaha..suppose to be +51...but i forgot to cancel "sell" when "buy" hit SL50 on monday...well thats okay...still have next week...

monday = -100 (whyyy i forgot to cancel sell..hahaha)
tuesday = +101
wednesday = -50
thursday = +100
friday = -50

hahaha...
  • #2,757
  • Feb 22, 2008 2:59am Feb 22, 2008 2:59am
In accordance with the original rules of this system, determine high/low from 1800GMT to 0200GMT; Todays high would be 211.49 and the low would be 210.20. if this rule was followed, then no trade entry would have been triggered as yet.

Can someone explain to me if these rules have changed. had these rules been followed exactly, this week would have been a profitable week for everyone using this system. Thank you.

forexnetworth
  • #2,758
  • Feb 22, 2008 3:24am Feb 22, 2008 3:24am
Quoting forexnetworth
In accordance with the original rules of this system, determine high/low from 1800GMT to 0200GMT; Todays high would be 211.49 and the low would be 210.20. if this rule was followed, then no trade entry would have been triggered as yet.

Can someone explain to me if these rules have changed. had these rules been followed exactly, this week would have been a profitable week for everyone using this system. Thank you.

forexnetworth
highest is around 211.52..then fall back... different brokers have different number..from 1-10 pips..
  • #2,759
  • Feb 22, 2008 4:59am Feb 22, 2008 4:59am
Quoting CIORIMAU--
i dont agree.show me the results!!!!this is the best system of forexfactory.Simple and profitable.
you dont agree with the results? have you actually gone back and back tested???? if you read my post again i am a supporter of this system and said...make hay while the sun shines...BUT:::be warned it doesnt always win...we are in a great cycle for volatility and its working great....but didnt for years before...so just warning that you need to keep wits about you to see when cycle changes...maybe next week...next year or 5 years from now...who know...so dont give up on looking at trading techniques.
look at enclosed and you will see what am talking about if you cant be bothered to go backtest it
Attached Image (click to enlarge)
Click to Enlarge Name: 8hrjpeg.jpg Size: 103 KB
  • #2,760
  • Feb 22, 2008 5:03am Feb 22, 2008 5:03am
Quoting forexzerosum
you dont agree with the results? have you actually gone back and back tested???? if you read my post again i am a supporter of this system and said...make hay while the sun shines...BUT:::be warned it doesnt always win...we are in a great cycle for volatility and its working great....but didnt for years before...so just warning that you need to keep wits about you to see when cycle changes...maybe next week...next year or 5 years from now...who know...so dont give up on looking at trading techniques.
look at enclosed and you will see what am talking about if you cant be bothered to go backtest it
for the second time, what time frame are you doing your back testing, the original 18:00 - 02:00??

cheers
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