DislikedYou know txtaz...
If it ain't broke don't fix it. This strategy seems to be working rather well, so I see no reason why it should be modified.Ignored
txtaz
- #22
- Edited Sep 1, 2008 5:56am Aug 31, 2008 9:37pm | Edited Sep 1, 2008 5:56am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Here's a great indicator provided by "Andee" on another forum, great for back test and to do all the grunt work on the charts for you. 
(This isn't from my computer, its just an example so please don't ask me about the other indicators on this screen)
Mulai = start,
Akhir = end,
Jumlah_Hari = number of day you want to display the indicator.
(This isn't from my computer, its just an example so please don't ask me about the other indicators on this screen)
Mulai = start,
Akhir = end,
Jumlah_Hari = number of day you want to display the indicator.
Someone messaged me about which pairs these work on and if they would work on London or Tokyo sessions,
My suggestion is EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD are good pairs to run this strategy & USDJPY doesnt work great so do not use that pair.
*YOU CAN ALSO USE THIS ON A USD INDEX CHART, SO YOU CAN SEE WHICH WAY THE USD BREAKOUT*
US open is the largest market compared to london or tokyo, so you wont get much success trying to trade on london/tokyo breakouts (works sometimes but not always).
Its great if you want to take advantage of the news, even news like NFP, cuz they will always happen after the 7-9am NY time, so you can get a early entry on breakout, no need to worry about broker slippage, re-quotes or orders not getting filled due to news breaks.
Good luck and have a great week everyone, and be careful, this week is NFP week.
My suggestion is EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD are good pairs to run this strategy & USDJPY doesnt work great so do not use that pair.
*YOU CAN ALSO USE THIS ON A USD INDEX CHART, SO YOU CAN SEE WHICH WAY THE USD BREAKOUT*
US open is the largest market compared to london or tokyo, so you wont get much success trying to trade on london/tokyo breakouts (works sometimes but not always).
Its great if you want to take advantage of the news, even news like NFP, cuz they will always happen after the 7-9am NY time, so you can get a early entry on breakout, no need to worry about broker slippage, re-quotes or orders not getting filled due to news breaks.
Good luck and have a great week everyone, and be careful, this week is NFP week.
- #29
- Sep 1, 2008 5:04am Sep 1, 2008 5:04am
- | Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts
Aah... The appeal of the magic pill systems.. 
Just backtested it manually on Euro for the past 20 days. Basic rules are 1:1 r:r with 30 pips starting 1 pip below the low or above the high of 11-13 GMT - one hour before to one hour after NY open as is by the rules here. Only first range break entry. The results speak for themselves I think: +10 -10
Good luck
Just backtested it manually on Euro for the past 20 days. Basic rules are 1:1 r:r with 30 pips starting 1 pip below the low or above the high of 11-13 GMT - one hour before to one hour after NY open as is by the rules here. Only first range break entry. The results speak for themselves I think: +10 -10
Good luck
On the path to Enrichment.
- #32
- Sep 1, 2008 6:19am Sep 1, 2008 6:19am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Its Big Dog Time!! Lets see how the market breakout today.
My bet is that it should break on the stronger side for USD which is what everyone obviously expecting. Let us see
sonic
Guyz,
Theres no need to be less informed or getting bored, download this great stuff called etoro toolbar.
http://www.etoro.com/etorobar.htm
It has live forex tickers and stuff that will display right on your browser toolbar and best of all
You have a radio option that will play you songs, music, rap and stuff.
My favorite channel is the "California Rock", there's always heart touching music there
Theres no need to be less informed or getting bored, download this great stuff called etoro toolbar.
http://www.etoro.com/etorobar.htm
It has live forex tickers and stuff that will display right on your browser toolbar and best of all
You have a radio option that will play you songs, music, rap and stuff.
My favorite channel is the "California Rock", there's always heart touching music there
- #36
- Sep 1, 2008 6:48am Sep 1, 2008 6:48am
- Joined Jul 2007 | Status: 33 y/o Investor/Trader/Programmer | 5,016 Posts
- #38
- Sep 1, 2008 7:07am Sep 1, 2008 7:07am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Guyz,
Theres no need to be less informed or getting bored, download this great stuff called etoro toolbar.
http://www.etoro.com/etorobar.htm
It has live forex tickers and stuff that will display right on your browser toolbar and best of all
You have a radio option that will play you songs, music, rap and stuff.
My favorite channel is the "California Rock", there's always heart touching music there
Mkt may be thin..
Are u still gona trade?
sonic
Here's a great indicator provided by "Andee" on another forum, great for back test and to do all the grunt work on the charts for you.
(This isn't from my computer, its just an example so please don't ask me about the other indicators on this screen)
Attachment
Attachment
Mulai = start,
Akhir = end,
Jumlah_Hari = number of day you want to display the indicator.
txtaz