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Attachments: 0400-0700 GMT Breakout Strategy
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0400-0700 GMT Breakout Strategy

  • #941
  • Aug 19, 2009 5:50am Aug 19, 2009 5:50am
wow the pairs never looked back wow, made the max of profit tonight , just an update with the 3rd entry, I will target total of aproximately another 250 so totals to about over 400 pips, I mean look at the screenshot, I don't think we find these oportunities everyday, just use them when you find them for more profit. The 3rd entry sits on a profit at least 50% and goes for a free ride. although it could hit the weekly pivot and go back and test the resistance again, lets see what the market does.
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  • #942
  • Aug 19, 2009 5:51am Aug 19, 2009 5:51am
Quoting howard
Thanks for the reply.

In addition to 2-5 GMT box you are using other modifications too, is this correct?
you are welcome, but what do you mean other mods?
  • #943
  • Aug 19, 2009 5:55am Aug 19, 2009 5:55am
I will open a new thread next week but here is an appatizer for you guys. It looks very promissing, no indis at all, it is all price action for you.

anyway I will go and sleep another 4 hours before I head to work, I hate work.
Attached Image (click to enlarge)
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  • #944
  • Aug 19, 2009 6:33am Aug 19, 2009 6:33am
Quoting genius75
Well I am using this, because it shows the best results. Trust me, I tried everything possible

GE.
thanks GE.anyway I was confused this morning about this 2-5GMT time frame..nevertheless, I used this 4-7 strategy today and I got 90pip profit anyway..If I used ur 2-5 time frame I could ve got 100pip TP3 target.I ll use this 2-5 breakout tomorrow.happy trading!!!
  • #945
  • Aug 19, 2009 7:23am Aug 19, 2009 7:23am
Quoting wltam
did you tick "allow live trading" in the option?

TP2 reach also~
I placed this ea on another 5 digit demo broker and it fired off the pending orders ok. So Perhaps gomarkets australia doesn't like the ea for some reason. are they ECN? would this ea work on a ecn broker?

regards

Grant
  • #946
  • Aug 19, 2009 10:34am Aug 19, 2009 10:34am
Hi all people wich work on this strategy, you made some good work here !

I have an question about backtests, i made some on 2009 and it work fine on GU and GY, do you think it's necessary to made others on 2008 for more secure settings or do you think it's not necessary, 6 month on 2009 backtests it's enough ?

thanks

Greg
  • #947
  • Aug 19, 2009 11:40am Aug 19, 2009 11:40am
Good trade again, last night, run by Wiltm 3tp EA (wth indicator MA_period=90)

Now, anyone still trading with entry buffer (buffer_for_entry=7.0) or not?

Should set it to = 0?

See on the picture, I am still setting 7 pips.
Attached Image (click to enlarge)
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Simple is powerful all the time.
  • #948
  • Aug 19, 2009 1:26pm Aug 19, 2009 1:26pm
hello

i need last indicators
  • #949
  • Aug 19, 2009 3:41pm Aug 19, 2009 3:41pm
Hi guys

Just wanted to say - great thread and I will be starting forward testing on this method.

Thanks to all who participate.

Graeme
You can NEVER stop learning
  • #950
  • Aug 19, 2009 3:42pm Aug 19, 2009 3:42pm
Hi, Fed, when are we seeing your new strategy? Hope it's working fine?
  • #951
  • Aug 19, 2009 5:59pm Aug 19, 2009 5:59pm
Buy hey ... I trade 0-4 FXDD time too.

If my 0-4 does not work .. 5-8 will safe my day (usually)

GE

Quoting shaun_ru_th
thanks GE.anyway I was confused this morning about this 2-5GMT time frame..nevertheless, I used this 4-7 strategy today and I got 90pip profit anyway..If I used ur 2-5 time frame I could ve got 100pip TP3 target.I ll use this 2-5 breakout tomorrow.happy trading!!!
Some pursue happiness, others create it.
  • #952
  • Aug 19, 2009 7:05pm Aug 19, 2009 7:05pm
Quoting ochuko
Hi, Fed, when are we seeing your new strategy? Hope it's working fine?
hey, it is working great, I banked alot of pips today as well. I will open a new thread next week, I don't want to discuss it here.
  • #953
  • Aug 19, 2009 7:35pm Aug 19, 2009 7:35pm
Quoting genius75
Buy hey ... I trade 0-4 FXDD time too.

If my 0-4 does not work .. 5-8 will safe my day (usually)

GE
Wait, did you say we can have 2 boxes setup?
One is 0-4 (FXDD) the other one is 5-8 (FXDD).
Simple is powerful all the time.
  • #954
  • Aug 19, 2009 9:58pm Aug 19, 2009 9:58pm
Quoting fed
hey, it is working great, I banked alot of pips today as well. I will open a new thread next week, I don't want to discuss it here.
Don't forget to post the new link or tiltle for us!
Simple is powerful all the time.
  • #955
  • Aug 19, 2009 10:35pm Aug 19, 2009 10:35pm
Quoting nevic
I placed this ea on another 5 digit demo broker and it fired off the pending orders ok. So Perhaps gomarkets australia doesn't like the ea for some reason. are they ECN? would this ea work on a ecn broker?

regards

Grant
sorry
What is ECN?
i run it on the FxPro
  • #956
  • Aug 19, 2009 10:36pm Aug 19, 2009 10:36pm
Quoting fed
morning guys, my TP2 just hit and total of over 220pips, making my final adjustment, now the 3rd entry will be set for at least 50% profit so if the market goes against me I will still not loose that order or I will hit to 340 pips, hopefully if the market still remains strong. Watch out for tonight, after few days of strong rallies things can be slow.
that's great....but i only use my pre set EA...as i hvn't much time to watch it~~
  • #957
  • Aug 19, 2009 10:37pm Aug 19, 2009 10:37pm
Quoting gregart
Hi all people wich work on this strategy, you made some good work here !

I have an question about backtests, i made some on 2009 and it work fine on GU and GY, do you think it's necessary to made others on 2008 for more secure settings or do you think it's not necessary, 6 month on 2009 backtests it's enough ?

thanks

Greg
actucally i do want to ask ...about DST
just want to know ...is it still 4-7 GMT for the DST adjustment..
  • #958
  • Aug 19, 2009 10:39pm Aug 19, 2009 10:39pm
Quoting RiverTrader
Good trade again, last night, run by Wiltm 3tp EA (wth indicator MA_period=90)

Now, anyone still trading with entry buffer (buffer_for_entry=7.0) or not?

Should set it to = 0?

See on the picture, I am still setting 7 pips.
i still use 7 pips...
as i just follow my backtest result ...that 5-7 pip buffer seem to be better
  • #959
  • Aug 19, 2009 10:40pm Aug 19, 2009 10:40pm
Quoting fed
hey, it is working great, I banked alot of pips today as well. I will open a new thread next week, I don't want to discuss it here.
great~
i am looking forward it!
  • #960
  • Aug 19, 2009 11:28pm Aug 19, 2009 11:28pm
Quoting wltam
that's great....but i only use my pre set EA...as i hvn't much time to watch it~~

I don't have time either to watch the trades, you can also create an EA for this one as well, or mannual open 3 orders and when the target hits you just make adjustments. Trust me leaving the trade alone will give you more pips. After all I need my sleep as well for work tomorrow and Idon't have time to watch my trades, I hate work by the way.
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