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Attachments: 7am-9am Big Dog USD Breakout Strategy
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7am-9am Big Dog USD Breakout Strategy

  • #501
  • Sep 9, 2008 11:28am Sep 9, 2008 11:28am
Quoting ayaz
So instead of answering my question, and potentially helping everyone understand this issue, the best you can do is just tell me to do as you say? Wouldn't it be more constructive to further peoples understanding and explain it to us? Its obvious that there is more than just one confused person that would like this to be explained.

Lets look at it another way. The candle PRIOR to 7am candle ends at 6:59:59, and our nine candles end at 9:14:59. how many minutes are there between the close of the 6:45 candle and the close of the 9am candle? I would really like a clear understanding of how nine 15 minute candles equal to 120 minutes.

Thank you for your help CTGUY
If you read the posts, you will see that the system is on a 15 minute chart. I don't care about the number of minutes.... I just care on the number of 15 minute candles. You need to become familiar with the forex and not be concerned about the minutes with this system. Use the time frames that are described and you will have no problems.

By the way, at no point did I say that nine 15 minute candles equal 120 minutes. Nine candles equals 134 minutes 59 seconds. Do the math if you need confirmation.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #502
  • Sep 9, 2008 11:33am Sep 9, 2008 11:33am
Quoting tazmaan
I agree that I was confused as well, and actually had my nybox set to 1400 to 1615. I saw CT's chart and that he has it set to 1400 to 1600 so changed mine.
Not sure what all the drama is about however. It REALLY doesn't matter that much. If you look back over charts for the last month, whether you had it at 1600 or 1615, really would have made no difference. Not in the grand scheme of things anyhow.
It's a box system, these nitpick points really make no difference in the overall performance IMHO

Great point... thanks

What I don't understand is why two people are more interested in knowing how many minutes are in the bars. The instructions are to use the 07:00 to 09:00 am EST time frames which equals nine bars to draw the box. I have no idea why they persist on trying to figure out how many minutes this comes to. Chart shows two hours difference in 07:00 to 09:00 am EST. Who cares how many minutes... we are not using the minute charts.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #503
  • Sep 9, 2008 11:34am Sep 9, 2008 11:34am
Quoting CTGUY
To prevent confusion.. just use the time frame discussed. 07:00 to 09:00 am est.
I guess I have it all wrong because I've been using 07:00 - 09:00 EDT. I thought we were trying to straddle the NY open, which I believe is currently at 08:00 EDT.
  • #504
  • Sep 9, 2008 11:37am Sep 9, 2008 11:37am
Quoting CTGUY
If you read the posts, you will see that the system is on a 15 minute chart. I don't care about the number of minutes.... I just care on the number of 15 minute candles. You need to become familiar with the forex and not be concerned about the minutes with this system. Use the time frames that are described and you will have no problems.

By the way, at no point did I say that nine 15 minute candles equal 120 minutes. Nine candles equals 134 minutes 59 seconds. Do the math if you need confirmation.
Ok thank you for explaining so clearly and politely. Ill do my best to "become familiar with forex." One step towards that, I guess, is that I now know that every 9 candles one second is lost somewhere. I dont have any idea why, but i know that nine 15-minute candles is 134 minutes and 59 seconds. Thank you for the help CTGUY

I guess I was way off base when I was counting the minutes from the close of the previous candle to the close of our last candle, despite the fact that calculation gives me 135 minutes which coincides with 9x15=135 minutes.
Just focus on the pips. The rest is insignificant.
  • #505
  • Sep 9, 2008 11:38am Sep 9, 2008 11:38am
Quoting zznbrm
I guess I have it all wrong because I've been using 07:00 - 09:00 EDT. I thought we were trying to straddle the NY open, which I believe is currently at 08:00 EDT.
Read post #471... good luck
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #506
  • Sep 9, 2008 11:41am Sep 9, 2008 11:41am
Quoting ayaz
Ok thank you for explaining so clearly and politely. Ill do my best to "become familiar with forex." One step towards that, I guess, is that I now know that every 9 candles one second is lost somewhere. I dont have any idea why, but i know that nine 15-minute candles is 134 minutes and 59 seconds. Thank you for the help CTGUY

I guess I was way off base when I was counting the minutes from the close of the previous candle to the close of our last candle, despite the fact that calculation gives me 135 minutes which coincides with 9x15=135 minutes.
Have you traded this system yet? I would like to hear your opinion on it? We are always open for suggestions and recommendations my friend.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #507
  • Sep 9, 2008 11:44am Sep 9, 2008 11:44am
Here you go.

Maybe this will help some people, this is ODL Platform.
Attached Image
  • #508
  • Sep 9, 2008 11:47am Sep 9, 2008 11:47am
I think that's the best thing you can do, Squash the negativity before it festers. I have seen too much of that on other threads.

Instead of being grateful to you, Dazmrd and the other contributors for sharing your awesome system with those of us who want to learn (and that's your time free of charge), he insists on wasting your time trying to stroke his ego.

Well done my friend

Iriefx
  • #509
  • Sep 9, 2008 11:52am Sep 9, 2008 11:52am
Quoting DivePIPS
Here you go.

Maybe this will help some people, this is ODL Platform.
Thanks for sharing this
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #510
  • Sep 9, 2008 11:52am Sep 9, 2008 11:52am
Quoting CTGUY
Great point... thanks

What I don't understand is why two people are more interested in knowing how many minutes are in the bars. The instructions are to use the 07:00 to 09:00 am EST time frames which equals nine bars to draw the box. I have no idea why they persist on trying to figure out how many minutes this comes to. Chart shows two hours difference in 07:00 to 09:00 am EST. Who cares how many minutes... we are not using the minute charts.
I think it's more about the thread not having concise rules in the first post, and that additions are added along the way.
We all tend to be paranoid and usually rightly so when we don't get the same results as a system starter. That might be where some of the frustration comes from.
I for one don't expect you to guarantee me anything, I'll look at this system and follow it and see how it works for me. If I lose everything and you do nothing but win, oh well, not your fault
That's just me tho!
This one's pretty simple so not sure what more other than the trend analysis you do when you trade could cause a problem.
Anyhow, I look forward to following this regardless and figuring out the results for myself (and to note any guidance you have along the way).
  • #511
  • Sep 9, 2008 11:58am Sep 9, 2008 11:58am
Quoting iriefx
I think that's the best thing you can do, Squash the negativity before it festers. I have seen too much of that on other threads.

Instead of being grateful to you, Dazmrd and the other contributors for sharing your awesome system with those of us who want to learn (and that's your time free of charge), he insists on wasting your time trying to stroke his ego.

Well done my friend

Iriefx
Thanks for the kind words. I have been asked by many traders why I help others and I reply that someone helped me out over 10 years ago. I agree that now and then you will see these negative people pop up and try to challenge the veteran traders. He can't say he wasn't warned. He is now suspended for his childish, stupid and immature behavior. If he returns, I may ask the traders here to click on the upper right button on his postings and alert admin. Those that have been on this site for a while have a suspension button that they can use to terminate him while his behavior is under review by admin.

Thanks a bunch.. now, back to making money without the immature disruptions.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #512
  • Sep 9, 2008 12:02pm Sep 9, 2008 12:02pm
Thank you ZZNBRM

My error... 07:00 to 09:00 EDT... I stated EST many times in my postings. Thank you ZZNBRM for the correction. This is team work!

I am watching 15 charts at one time and my mind is not 100% in one direction.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #513
  • Sep 9, 2008 12:10pm Sep 9, 2008 12:10pm
Look at the EMA's as they apply to the chart. You can refer to the instructions on how to use them on my prior post of these indicators.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 48 KB
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #514
  • Sep 9, 2008 12:16pm Sep 9, 2008 12:16pm
Unfortunately, I am being bombarded by the immature thehenryfam with threatening pm's. It is unfortunate that when one is suspended, he still has access to pm's. Another flaw in this forum.

My time to too valuable to attempt to teach a system when I am constantly being interrupted by annoying and childish pm's. A lot of traders come here to make money with an excellent system and one idiot continues to ruin it for all.

If this continues, I am going to consider closing this thread.
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #515
  • Sep 9, 2008 12:18pm Sep 9, 2008 12:18pm
You know CTGUY, I believe there is an ignore button somewhere. That should stop the PMs
  • #516
  • Sep 9, 2008 12:18pm Sep 9, 2008 12:18pm
I'd think we'd rather you ignore him instead of close the thread.
  • #517
  • Sep 9, 2008 12:28pm Sep 9, 2008 12:28pm
CTGUY;

Try clicking on his name, you should see an ignore button. This may stop the PM,s from reaching you.

Steve
  • #518
  • Sep 9, 2008 12:35pm Sep 9, 2008 12:35pm
Hey Guyz,

Whats the problems here hehehe,

Please understand, were just trying find a breakout 1hour before and after the USD open session.

News, Big Investors, Banks, The US market starts after this phase.,

We're just trying to find out which way the price breakout, even if its 15 mins later or earlier.

See for example today, there was a splendid breakout on the upside in GBPUSD and EURUSD.

It depends on your risk.reward ratio.

If you just trying to grab 15-20 pips on breakout its your option,
If you trying to find a breakout and a trend after that, thats your option.,

If you think some of your customization or a different technical analysis which your more comfortable with,

Example,

Using 30min-1hour chart to detect breakout instead of 15min

or if your using fibonacci , pivots, Support and resistance, trendlines.

Hey whatever can make you money, why not!

Ive only shared this method from CTGUY hoping that we can do some R&D and further improve this strategy and also our understanding of how it works,

Please don't tell me that you want a HOLY GRAIL or a Strategy that provides you with a 100% guarantee of profit.

BEcause, there is NO ... Holy grails in forex, No methods works forever and further more forex is as hard as a real job and with no gurantees.

I just shared it hoping i could enlighted you people and that you can make profit, but the truth is that it entirely depends on her(the forex market)/

If she wishes she will give you pips, if she doesnt she can take your pips.

Please,

Only if your truly interested in forex and with broad minded ness, only then venture into forex,

Please dont tell me that 100's of business including MICROSOFt , never had bad phases.

Ups and downs happens, but its only the win/lose ratio and the overall that will decide your ending account balances.

Please remember, Technical analysis, fundamental analysis and 1000 indicators only make up 50% of your trading decision, the remain 50% depend on YOU!!

Please guys, no fights, no flames, no rants....we're all here only for 1 reason, That is to earn the maximum amount of pips and to make the maximum amounts of money from this challenging forex market!
  • #519
  • Sep 9, 2008 12:36pm Sep 9, 2008 12:36pm
Hey George,

Please reconsider your decision. Only after reading this thread, I got hope that i will be successful one day in forex (after 1 year of continous loss).
Please continue to post again. There are hundreds of others who benefit from your system and your views.

[quote=CTGUY;2209476]I guess that this thread was not meant to be. After receiving another threatening pm by the loser, I think that it is time to close this thread.
  • #520
  • Sep 9, 2008 12:40pm Sep 9, 2008 12:40pm
Just a suggestion, why not wait to see if the temporary suspension is upheld, in which case PM problem should be automatically solved.

Or you might consider taking a short break from the thread to catch your breath and return at some future date. It would be a shame to close it now

Regards,
Steve
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