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1 trade a day

  • #701
  • Jun 26, 2009 2:22pm Jun 26, 2009 2:22pm
Quoting matlobien
GU
are you trading the breakout after asia close at 9am GMT, or do you take the breakout after london open at 7am GMT?

i read all the postings in this thread and i must say i have had a hard time with the timezones, after spending some hours with this problem i think i already fixed it. but what still is unclear is wich breakout we have to take.
i think some take the london breakout and some take the asiaclose???
  • #702
  • Jun 26, 2009 3:29pm Jun 26, 2009 3:29pm
The best strategy on the forum

I took 5 trades 5 wins
"Buy on fear, sell on greed !!!
  • #703
  • Jun 26, 2009 8:22pm Jun 26, 2009 8:22pm
I have 2 trade ytd with profit
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 58 KB
Click to Enlarge Name: GU.jpg Size: 57 KB
  • #704
  • Jun 27, 2009 1:51am Jun 27, 2009 1:51am
Quoting Petar_Serbia
The best strategy on the forum

I took 5 trades 5 wins
hi peter,

congrats to your results. as we are in the same timezone gmt+2 would you be so kind, and post me your charts. cause i like to know if you take the asia close or the london open.
thx
  • #705
  • Edited 2:48am Jun 27, 2009 2:43am | Edited 2:48am
Hi all

Here is a very easy way to setup you fibonacci so that you can get both the sell and buy values at the same time without having to turn it up and down

It makes the work easy and straight forward especially for me of us who watch 6 pairs

Right click on the mid red fib line and select fib properties
On the Fibo level tab

LEVEL------------DESCRIPTION
0 ________________SHORT @ %$
-0.618 ____________1st TP @ %$
1 ________________LONG @ %$
1.618 ____________1st TP @ %$
2 ________________FINAL TP @ %$
-1 _______________FINAL TP @ %$

See the example picture below. I use it on 6 pairs

I hope it helps some ppl

kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #706
  • Jun 29, 2009 1:15am Jun 29, 2009 1:15am
Thank you.
just realize that ...it can set negative number.for fib

Quoting Kosomolate
Hi all

Here is a very easy way to setup you fibonacci so that you can get both the sell and buy values at the same time without having to turn it up and down

It makes the work easy and straight forward especially for me of us who watch 6 pairs

Right click on the mid red fib line and select fib properties
On the Fibo level tab

LEVEL------------DESCRIPTION...
  • #707
  • Jun 29, 2009 11:00am Jun 29, 2009 11:00am
Quoting Makaveli
hi peter,

congrats to your results. as we are in the same timezone gmt+2 would you be so kind, and post me your charts. cause i like to know if you take the asia close or the london open.
thx
Hello there

I am a Petar not Peter

My time zone iz 2+ GMT,that means that Lodnon open at 10 o clock,in my platform that mean at 11 but i open my position at 12 on my time zone or 13 00 on platform.
Hope i help you...

Seya
Petar,
Serbia team


Here example when i today took a trade on my live acc
Attached Image (click to enlarge)
Click to Enlarge Name: here.gif Size: 18 KB
"Buy on fear, sell on greed !!!
  • #708
  • Jun 30, 2009 2:44am Jun 30, 2009 2:44am
EU - SL already
  • #709
  • Jun 30, 2009 3:15am Jun 30, 2009 3:15am
Hi all, please find attached breakout indicator. All thanks go to Wall and Grath found in the VSA thread

Cheers
Porkpie
Attached File(s)
File Type: mq4 ##BreakOut_TYO.V2.03.mq4   56 KB | 750 downloads
File Type: mq4 ##BreakOut_LON.V2.03.mq4   56 KB | 704 downloads
File Type: mq4 ##BreakOut_NYO.V2.03.mq4   56 KB | 673 downloads
File Type: mq4 ##BreakOutBoxesV2.03.mq4   56 KB | 776 downloads
  • #710
  • Edited 7:43pm Jun 30, 2009 6:56pm | Edited 7:43pm
Quoting Kosomolate


I only do GU and EU now with good lot size and its paying off quite well
Hi Kos, You seem to be doing very well with this system, do you still only trade GU and EU, in some posts you mentioned doing 6 pairs.
Do you still trade this way, I see your name pop up in some other threads.

Kim
  • #711
  • Jul 1, 2009 12:00pm Jul 1, 2009 12:00pm
Quoting kheaver
Hi Kos, You seem to be doing very well with this system, do you still only trade GU and EU, in some posts you mentioned doing 6 pairs.
Do you still trade this way, I see your name pop up in some other threads.

Kim
Hi Kim

Yes I still do the system, I have the six pairs EU, GU, EG, EJ, GC and GJ open I check them to see which one is in good position and I take them, but its GU combined with another one out of the 6

I compiled the result for 7 weeks and I found out that GU produced more than half of the total pips thats why I do it all time

My daily target from this system is 40 pips and once I get it I close them and switch to 5min system to scalp


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #712
  • Jul 2, 2009 3:21pm Jul 2, 2009 3:21pm
Hi,

I have been following this thread for some time, trading it on and off, and I will now try to give it a shot full time. I wonder if there have been any results or solutions regarding the end time, that is 7, 8 or 9 GMT?

Archie
  • #713
  • Jul 3, 2009 8:23pm Jul 3, 2009 8:23pm
it seems that EU, EG and GU are reliable.

koso, can you tell me what is your range of the asia session ?

Thank you
Quoting Kosomolate
Hi Kim

Yes I still do the system, I have the six pairs EU, GU, EG, EJ, GC and GJ open I check them to see which one is in good position and I take them, but its GU combined with another one out of the 6

I compiled the result for 7 weeks and I found out that GU produced more than half of the total pips thats why I do it all time

My daily target from this system is 40 pips and once I get it I close them and switch to 5min system to scalp


kos
  • #714
  • Jul 4, 2009 6:47am Jul 4, 2009 6:47am
Quoting wltam
it seems that EU, EG and GU are reliable.

koso, can you tell me what is your range of the asia session ?

Thank you
Hi wltam,

Yes they are. My antGUbreakout_v4 time is set to start 00:00 to end 08:00 this covers 9 bars. I am in GMT+1 zone

it should be 00:00 to 07:00 which is 8 bars, but I realise that Asian and UK overlap with 1 HR

It depends on each trader some people may decide to put the 1 HR in Asian time like me while others may want to include it with the UK session its a matter of choice

What informs my including it within the box is that after the analysis of the trades for 6 weeks, I realized that most of the time the candle of the overlapping 1 HR used to cause fakeout because of euro belt news before UK define their direction. And the false breakouts have reduced since then

Hope I am informative in this explanation and I will not start the long argument of Asian open and close and UK open etc...

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #715
  • Jul 4, 2009 7:07am Jul 4, 2009 7:07am
Thank you, Koso

Of course i not argue with you about the asian session

I started to trade with 3 pairs only

but i use in different time range for "asian session"
for EU and GU
i use 2200 to 0600 GMT(9 bars also)
while
EG use 2300 to 0700 GMT (9bars also) (seem as yours)

Thank again~

Quoting Kosomolate
Hi wltam,

Yes they are. My antGUbreakout_v4 time is set to start 00:00 to end 08:00...
  • #716
  • Jul 4, 2009 6:35pm Jul 4, 2009 6:35pm
The difference of time settings will make this system either a "London Rush" or a daily trend system, right?

Setting the time at 0 to 7 GMT will make use of the London break-out, and setting it at 0 to 9 GMT will make use of the daily trend after the London open.

I'm not quite sure which of these to strategies that was the original one? It would be nice to hear any input regarding the system approach, and thoughts about avoiding or making use of the London open.

I think that this system will be more profitable if one sets the end of the box just before the open, but I might be wrong.
  • #717
  • Jul 7, 2009 9:19pm Jul 7, 2009 9:19pm
was FAKED last nite
Attached Image (click to enlarge)
Click to Enlarge Name: EU.JPG Size: 57 KB
  • #718
  • Jul 8, 2009 11:43am Jul 8, 2009 11:43am
Fake signal also
in 2 days
Attached Image (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 56 KB
  • #719
  • Jul 9, 2009 4:30am Jul 9, 2009 4:30am
Quoting wltam
Fake signal also
in 2 days
Try with GBP/USD
  • #720
  • Jul 9, 2009 5:26pm Jul 9, 2009 5:26pm
Quoting wltam
Fake signal also
in 2 days
You are trying to put a square peg in a round hole.

This technique is intended for use with the GBP. Read Paulus initial post.
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