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Box Breakout indicator 196 replies

Breakout EA based on New York Box 3 replies

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4H Box Breakout

Quoting pips info
Mine abit different from both of you,

162.92
161.87

Anyway, I think should be not much different. Good luck traders!!
PIP INFO
I am closer to you.
162.95
161.85
Good Trading!
  • #1,642
  • Quote
  • Aug 10, 2009 12:13am Aug 10, 2009 12:13am
Ace,

Your box high should be 162.99 (high) + 20 buffer + 9 pips spread = 163.28?
I use FXDD too and I got 163.28. How did you get 163.19? Different buffer value?

Quoting Ace284
Box high - 163.19
Box low - 161.90
  • #1,643
  • Quote
  • Aug 10, 2009 12:24am Aug 10, 2009 12:24am
Quoting EATrader
Ace,

Your box high should be 162.99 (high) + 20 buffer + 9 pips spread = 163.28?
I use FXDD too and I got 163.28. How did you get 163.19? Different buffer value?
The long order would be placed at 163.28. But the actual box high itself is just the candle high + 20 buffer.
  • #1,644
  • Quote
  • Aug 10, 2009 12:25am Aug 10, 2009 12:25am
Quoting cinex
yen looks mad , generally it is a mad , chaotic currency

I can't say for sure about the currency, but it's certainly true of me.

Yen
Greetings from Guanajuato, Mexico
  • #1,645
  • Quote
  • Aug 10, 2009 12:47am Aug 10, 2009 12:47am
Hello every one this is my first trade on this strategy are these charts look right?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpy.gif Size: 13 KB
Click to Enlarge Name: gbpjpy.gif Size: 15 KB
Quoting nasir.khan
Hello every one this is my first trade on this strategy are these charts look right?
It looks like the box for EUR/JPY is correct. However, on GBP/JPY, maybe I'm not interpreting your box correctly, but it appears you are using the high of the first candle and the low of the second candle to form your box.
Greetings from Guanajuato, Mexico
Quoting yen44x
It looks like the box for EUR/JPY is correct. However, on GBP/JPY, maybe I'm not interpreting your box correctly, but it appears you are using the high of the first candle and the low of the second candle to form your box.
Yeah got it right now.Thanks.

My GBPUPY is triggered short and AUDJPY is long.
My short GJ at 162.00 was trigger !
Attached Image (click to enlarge)
Click to Enlarge Name: trigger sell gj 10-08.gif Size: 12 KB
From the movement recently, G/J and E/J seem moving in opposite way, G is much stronger than E or I should say E is very weak now... G/J is moving down but E/J still hanging there.....
Quoting banana9009
My short GJ at 162.00 was trigger !
Same with you, My short order was also triggered. Let's see if we will enjooy our stay at BEARS camp
My edge ===> Patience
My first live trade is triggered at 161.81.. Im using 30 pips buffer.. Price currently against me.. But in 1min timeframe,price is moving sideways n bulls is trying to push the price back into the pysch level at 162.00.. Hopefully Bull is strong enuff to hit our first profit or maybe 2nd is better.. Just A Sharing With u Guys.. Yesterdae Was SINGAPORE 44th Birthday n Today is My First Live Trade So Hopefully Im Blessed With It.. LOL!!

Happy Trading!! Happy Birthday SINGAPORE!!!
hi guys my short on gpb/jpy was hit too. its still in the red zone now. hopefully it goes the other way.
Quoting pips info
From the movement recently, G/J and E/J seem moving in opposite way, G is much stronger than E or I should say E is very weak now... G/J is moving down but E/J still hanging there.....
Now on same track....
Quoting Freako
My first live trade is triggered at 161.81.. Im using 30 pips buffer.. Price currently against me.. But in 1min timeframe,price is moving sideways n bulls is trying to push the price back into the pysch level at 162.00.. Hopefully Bull is strong enuff to hit our first profit or maybe 2nd is better.. Just A Sharing With u Guys.. Yesterdae Was SINGAPORE 44th Birthday n Today is My First Live Trade So Hopefully Im Blessed With It.. LOL!!

Happy Trading!! Happy Birthday SINGAPORE!!!
Hi Freako,

I think most of us already have an open trade, short on GJ and all of us is waiting for the pair to move further down. However, I think you can monitor it from time to time but not every minute. If you do that I think it will disturb your decision.... Don't trade emotionally...
I am sitting here looking at it non stop, just abit worried it might go the wrong way, this is my first trade following this system.

I think I need to chill out abit.
Quoting pips info
Hi Freako,

I think most of us already have an open trade, short on GJ and all of us is waiting for the pair to move further down. However, I think you can monitor it from time to time but not every minute. If you do that I think it will disturb your decision.... Don't trade emotionally...
Appreciate that.. Will Learn To Throw My Emotion Out Of The Door.. LOL!!
Quoting pips info
Hi Freako,

I think most of us already have an open trade, short on GJ and all of us is waiting for the pair to move further down. However, I think you can monitor it from time to time but not every minute. If you do that I think it will disturb your decision.... Don't trade emotionally...
Right on-Short on GJ.
on 1H it already breakout the envelopes but not for 4H. it will bounce back if other pair is continue uptrend than downtrend like GJ. but look and see how much it go. i rather put buffer more than 20 pip for short gj. but looking at the channel it already bounce at the upper line.... it will go short this weeks if it break the line. whether this is relevent or not to this trade i just info which we can think of it...
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 202 KB
Quoting hafizal79
on 1H it already breakout the envelopes but not for 4H. it will bounce back if other pair is continue uptrend than downtrend like GJ. but look and see how much it go. i rather put buffer more than 20 pip for short gj. but looking at the channel it already bounce at the upper line.... it will go short this weeks if it break the line. whether this is relevent or not to this trade i just info which we can think of it...
Thanks for the info.
I think that is relevent.Hopefully it will start going down now.
Quoting 11andy11
I believe that it means your data is corrupt. Same thing happened to me.
How did you fix it?
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