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7am-9am Big Dog USD Breakout Strategy

  • #1,621
  • Sep 3, 2009 6:17am Sep 3, 2009 6:17am
ForexMason

In your post you have mention two GMT times: 02:00 - 04:00 GMT (03:00 - 05:00 GMT ). There is only one GMT time. Which one do you use?

Thank you.

Knez.



Quoting ForexMason
Hi John225,

Unfortunately they are demo........still honing my skills

Scotsman,

The two time frames I trade are;

02:00 - 04:00 GMT (03:00 - 05:00 GMT on my platform as you can see by the timestamps)
12:00 - 14:00 GMT (13:00 - 15:00 GMT on my platform)

I'm located in London so the above times are correct for me here. Wherever you are you will need to work out the times AND possibly add/subtract time from your platform time.

You can check world timings here:- http://www.worldtimezone.com/
Or download a gadget here:-...
  • #1,622
  • Sep 3, 2009 6:40am Sep 3, 2009 6:40am
knez,

My platform is one hour ahead of GMT as explained in the brackets. I trade the un-bracketed times as true GMT.

Cheers,
  • #1,623
  • Sep 3, 2009 6:45am Sep 3, 2009 6:45am
Can anyone create a strategy tester for this to backtest? I have no idea how to do it and as it took me about 2 hours to work out how to make the small changes to the indicator I posted a while back this would probably take me several weeks. :-)
  • #1,624
  • Sep 3, 2009 7:22am Sep 3, 2009 7:22am
ForexMason,

Understand that. Did you ever trade original time of this thread (7-9 am NY time)?

Knez.



Quoting ForexMason
knez,

My platform is one hour ahead of GMT as explained in the brackets. I trade the un-bracketed times as true GMT.

Cheers,
  • #1,625
  • Sep 3, 2009 7:31am Sep 3, 2009 7:31am
Yup,

That's 12:00 - 14:00 GMT (13:00 - 15:00 GMT on my platform).

  • #1,626
  • Sep 3, 2009 7:37am Sep 3, 2009 7:37am
ForexMason

Sorry, but you are not correct:

0700-0900 NY time is 1100-1300 GMT as NY is 4 hours behind GMT.

This is very important to know how to set the time for breakout.

Knez.




Quoting ForexMason
Yup,

That's 12:00 - 14:00 GMT (13:00 - 15:00 GMT on my platform).

  • #1,627
  • Sep 3, 2009 7:42am Sep 3, 2009 7:42am
In London, where I am its 13:41, in New York it is 08:41. Check the world clock websites, we are on daylight savings +1 hour.
  • #1,628
  • Sep 3, 2009 7:43am Sep 3, 2009 7:43am
we are currently GMT +1 (daylight saving time)
  • #1,629
  • Sep 3, 2009 7:52am Sep 3, 2009 7:52am
ForexMason,

You are absolutely correct, but then 0700-0900 NY time is not as you have quoted in your previous post: (That's 12:00 - 14:00 GMT (13:00 - 15:00 GMT on my platform)), but as follows:

0700-0900 NY time = 1100-1300 GMT time = 1200-1400 London time (bit different then you quoted).

This time is very important as to know how to set the charts.

Knez



Quoting ForexMason
In London, where I am its 13:41, in New York it is 08:41. Check the world clock websites, we are on daylight savings +1 hour.
  • #1,630
  • Sep 3, 2009 7:53am Sep 3, 2009 7:53am
My time is 14:52 London is 13:52 NY is 8:52 so after 8 minutes we can set our orders is it right?
  • #1,631
  • Sep 3, 2009 7:57am Sep 3, 2009 7:57am
Knez,

It really is confusing I know but my timings are ALL correct;

New York = 07:00 - 09:00
GMT +1 = 12:00 - 14:00
My platform is GMT +2 = 13:00 - 15:00 (Yours may be different)
  • #1,632
  • Sep 3, 2009 8:04am Sep 3, 2009 8:04am
ForexMason,

Now you are clear. Because in your previous post: (That's 12:00 - 14:00 GMT (13:00 - 15:00 GMT on my platform) you were using "GMT" letters while quoting both times, and you said that you are in London but never mention that your platform is GMT+2

In the future try to be specific when quoting the times as you may confuse people with way that you are writing it.

Knez
(off now, and be back later)



Quoting ForexMason
Knez,

It really is confusing I know but my timings are ALL correct;

New York = 07:00 - 09:00
GMT +1 = 12:00 - 14:00
My platform is GMT +2 = 13:00 - 15:00 (Yours may be different)
  • #1,633
  • Sep 3, 2009 8:04am Sep 3, 2009 8:04am
ForexMason
The Range for EURUSD is 62 pips are you trading this today?
  • #1,634
  • Sep 3, 2009 8:07am Sep 3, 2009 8:07am
Gonna try, trying to nip in and out whilst at work!
  • #1,635
  • Sep 3, 2009 8:25am Sep 3, 2009 8:25am
if i were you, i'd be buying todays range up breakout, but i dont trade euro.
  • #1,636
  • Sep 3, 2009 8:34am Sep 3, 2009 8:34am
Hi guys,
Would you tell me how many pairs already been full tested for using this breakout strategy?
Any instruction please?

Regards
  • #1,637
  • Sep 3, 2009 10:03am Sep 3, 2009 10:03am
hi,

do you have the script/Indicator that can close all positions at once?pls post.thanks
  • #1,638
  • Sep 3, 2009 11:41am Sep 3, 2009 11:41am
Quoting ayour2a
hi,

do you have the script/Indicator that can close all positions at once?pls post.thanks
Sure do. Here it is.
Attached File(s)
File Type: mq4 CloseAll.mq4   7 KB | 520 downloads
  • #1,639
  • Sep 3, 2009 12:03pm Sep 3, 2009 12:03pm
Quoting ayour2a
hi,

do you have the script/Indicator that can close all positions at once?pls post.thanks
You will get good options > HERE <

Hope that helps
Regards
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #1,640
  • Sep 3, 2009 12:17pm Sep 3, 2009 12:17pm
Hi all,

Managed to fire off 4 trades today, image attached. Was a wee bit busy at work so didn't manage to do my usual 4 pairs buy/sell, 16 trades in total over the 2 time frames. I only placed my 12:00 - 14:00 GMT+1 (knez ) trades to sell.

the 15:32 trade I ducked out of as I saw it to be possibly reversing, should have trusted the strategy though......it went on to achieve the 15pip tp!

Ele, I have tested with;

EUR/USD
GBP/USD
GBP/JPY
USD/CAD

All of which have very similar levels of success.

Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: trades 030909.jpg Size: 96 KB
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