4H Box Breakout | Page 239 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Box Breakout indicator 197 replies

Breakout EA based on New York Box 3 replies

4H Weekly Box Breakout [TD] 4 replies

EURUSD Box Breakout 6 replies

Breakout Box 5 replies

Attachments: 4H Box Breakout
Exit Attachments

4H Box Breakout

  • #4,761
  • Oct 8, 2009 6:20pm Oct 8, 2009 6:20pm
Quoting Pharoah
I understand, and accept your apology. This however, does not change the fact that if you saw this, than others have as well... and this is not how I want to be seen. This is the only way I can talk, I can't articulate my thoughts properly, while they remain perfectly vivid in my head. Because of this, it may seem arrogant or self-righteous, and in some cases, completely stupid and as a result of that, I am no longer going to post.
I'm sorry, but I have no reason to believe that I am not seen this way by others... and I didn't do everything I've...
Pharoah . . . I want to talk you out of that, but I'm leaving the house in 2 minutes. You are a darn good creator . . . I'm a pretty good analyst. Without creators, however, there's nothing for me to analyze.

One statement in one post is not going to affect people's assessment of you, especially if, as I stated, I probably misinterpreted the remark anyway. Look at some of the stuff I get away with here, and yet people (well, some) still recognize that I occasionally contribute something of worth.

Good analysts are easy to find . . . good creators are not. Don't leave because of me, if for no other reason than I don't want to be known as the "joker" who drove Pharoah from FF.
Greetings from Guanajuato, Mexico
  • #4,762
  • Oct 8, 2009 6:39pm Oct 8, 2009 6:39pm
Quoting yen44x
Pharoah . . . I want to talk you out of that, but I'm leaving the house in 2 minutes. You are a darn good creator . . . I'm a pretty good analyst. Without creators, however, there's nothing for me to analyze.

One statement in one post is not going to affect people's assessment of you, especially if, as I stated, I probably misinterpreted the remark anyway. Look at some of the stuff I get away with here, and yet people (well, some) still recognize that I occasionally contribute something of worth.

Good analysts are easy to find . . . good creators...
Your not driving me from anywhere Yen... my point is that if you saw this in me... one of the only people with whom I communicate with outside of FF... what kind of image are others who I do not speak with outside of FF.

I'll always respect your opinions yen, and will often consult for them. I just feel that I think it's just time for me to move aside.

I honestly don't even know why I'm doing this.. it's not like I can get any major gain from it. My original intentions were to build an EA for distribution to build up my own investment capital, but after coming here, and learning just how "in it together" everyone is... I couldn't bring myself to even consider selling an EA... Now I don't even have a means to build up any investment capital, which kind of leaves me at a standstill... and FYI... my wife is PISSED that I'm no longer in the market to sell the EA...

I'm literally getting nothing out of this except for education in forex.

For the benefit of my health, and my family, because I have nothing to gain from forex at this time, it's best for me to just not be here anymore.

Yen, I'm coming to this decision myself, your not driving me away from FF... like I've always said... you were one of the only people that actually made me sit down.. and think... and this time... I've thought.

I hope you all have the best of luck with Forex.

Pharoah
  • #4,763
  • Edited 8:32pm Oct 8, 2009 6:45pm | Edited 8:32pm
yen & pharoah (and lest we forget shiko) - Forex would not be as enlightening, enjoyable, and profitable if it wasn't for you two. When I feel like I am having a bad day I try to fill my mind with pleasurable things. Unfortunately without Pharoah this thread will have to be downgraded to four stars.

http://www.nyshirt.com/product_image...ody__74041.jpg
  • #4,764
  • Oct 8, 2009 6:59pm Oct 8, 2009 6:59pm
Quoting Pharoah
Your not driving me from anywhere Yen... my point is that if you saw this in me... one of the only people with whom I communicate with outside of FF... what kind of image are others who I do not speak with outside of FF.

I'll always respect your opinions yen, and will often consult for them. I just feel that I think it's just time for me to move aside.

I honestly don't even know why I'm doing this.. it's not like I can get any major gain from it. My original intentions were to build an EA for distribution to build up my own investment capital,...

Thanks Pharoah and good luck to you. Take care...

W.
  • #4,765
  • Oct 8, 2009 8:22pm Oct 8, 2009 8:22pm
Just hold up everyone. Im a part time lurker and haven't finished the study of the 4H box Method so I feel I shouldn't start chiming in with thoughts yet. ...and now the threads are starting to crumble? Pharoah, your doing phenomenal work! TAKE A NICE LONG BREAK! You deserve it. Watching kids is incredibly hard... and creating an EA? That head exploding scene from scanners comes to mind.
Yen you do keep this thread going during the week as the trades are flowing. Your wise, intelligent and have a great sense of humour. Its great.
This method works, I don't see the flaws. Maybe not every year but it works great in trending markets. The way I see it, the next few years will be major trending up and down with the volatility of massive inflation of currencies. What a better method to use than the 4H?

I'm gonna step back in the shade of the forest of lurkers, admiring your fine fellow's work.

Pip's Ahoy!
  • #4,766
  • Oct 8, 2009 8:32pm Oct 8, 2009 8:32pm
Quoting wrenski
This past week saw +100 and +290. The previous week I had my EA set to move to BE @ 50 and that is too close and i was stopped out at +1 and +1. Last month was a winner by a small margin.
So this week the candle you used for GBPJPY had a high of 142.92 and a low of 142.56? It broke to the top so you started out the week long? What was your next move? Did you set it up the box again or keep using this same box, which means your next entry would have been a sell but that looks like it retraced within about 50 pips. I hate this whipsaw stuff! Help me learn your ways
  • #4,767
  • Oct 8, 2009 9:43pm Oct 8, 2009 9:43pm
Quoting kellera6
So this week the candle you used for GBPJPY had a high of 142.92 and a low of 142.56? It broke to the top so you started out the week long? What was your next move? Did you set it up the box again or keep using this same box, which means your next entry would have been a sell but that looks like it retraced within about 50 pips. I hate this whipsaw stuff! Help me learn your ways
Are you looking at IBFX data? My high on the 00:00 candle was 143.92 + 20 pip buffer which adds up to a long entry point of 144.12 which PA never reached. I only had trade this week and it was a short, entered @ 142.66. I am a little confused on where you are getting your data.

My original SL was set at about 75% of the box and it stayed there until PA moved 100 pips then I went BE.
  • #4,768
  • Edited 11:12am Oct 9, 2009 10:38am | Edited 11:12am
http://i1.trekearth.com/photos/38908/sun_flowers.jpg

http://i1.trekearth.com/photos/38908/sun_flowers.jpg

(If you can't see this image then imagine a field of sun flowers)

Did this brighten up this thread for anyone?

Now on to business at hand.
  • #4,769
  • Oct 9, 2009 10:54am Oct 9, 2009 10:54am
Quoting penfield
http://i1.trekearth.com/photos/38908/sun_flowers.jpg

Did this brighten up this thread for anyone?

Now on to business at hand.
Good point Pen...we have said our goodbyes now we should be looking forward to next weeks trades.
  • #4,770
  • Oct 9, 2009 2:11pm Oct 9, 2009 2:11pm
Quoting penfield
http://i1.trekearth.com/photos/38908/sun_flowers.jpghttp://i1.trekearth.com/photos/38908/sun_flowers.jpg (If you can't see this image then imagine a field of sun flowers) Did this brighten up this thread for anyone? Now on to business at hand.
Now there you go again, Penfield . . . making all kinds of sense. When will you learn?

Nice post, my friend.
Greetings from Guanajuato, Mexico
  • #4,771
  • Oct 9, 2009 6:12pm Oct 9, 2009 6:12pm
I will not read the entire thread. I have spent 7 years rading and participating in forex forums. They normally start of with a system that had a good run and a bunch of wide eyed newbies then after some time the system fails all the newbies bail out and the system start to work again and a whole bunch of new newbies are there wide eyed and ready to lose as much money as the first lot.

What I am interested in is solid result from a serious trader using real money. If you want to share that info that would be great. Otherwise this is just another waste of time.

I have traded boxes before and they have great runs. Just like a MA system but then take back profits when the eventual chop comes around. That happens with the big dog and the UK open systems. And this is just on a smaller time frame so I can't see how this could be any more successful.

So if you have a spread sheet of trades made for some time that would be helpful. Newbies stating this is the best thing since sliced bread and how they mad 6 trades in a row that made money, is not.
  • #4,772
  • Oct 9, 2009 8:53pm Oct 9, 2009 8:53pm
Quoting Gazmanfx
I will not read the entire thread. I have spent 7 years rading and participating in forex forums. They normally start of with a system that had a good run and a bunch of wide eyed newbies then after some time the system fails all the newbies bail out and the system start to work again and a whole bunch of new newbies are there wide eyed and ready to lose as much money as the first lot.

What I am interested in is solid result from a serious trader using real money. If you want to share that info that would be great. Otherwise this is just another...
Very good question. There is a very simple answer for you. They can be found in the following thread:

http://www.forexfactory.com/showthread.php?t=168161

Any further questions should be directed to the author.

Enjoy the reading like the rest of us do.
  • #4,773
  • Oct 9, 2009 11:19pm Oct 9, 2009 11:19pm
Quoting penfield
Very good question. There is a very simple answer for you. They can be found in the following thread:

http://www.forexfactory.com/showthread.php?t=168161

Any further questions should be directed to the author.

Enjoy the reading like the rest of us do.
That's this forum as far as I can see and I DON'T ENJOY THE READING! The reading in most of these threads is crap. Full of idiotic newbies praising some pimple faced kid who comes across som pattern that made money for a while then usually takes it all back.

I thought I made myself fairly clear when I said results only. More post is just sewage. Please refrain from talking more garbage. There is enough crap on this forum already pal.

As a professional trader who has read millions on lame threads I am well and truly over little twerps like you with no point to make. Now beat it kid. Let someone who results post them here or start a new threat not infected by all the crap newbies go on with.
  • #4,774
  • Oct 9, 2009 11:24pm Oct 9, 2009 11:24pm
Quoting Gazmanfx
That's this forum as far as I can see and I DON'T ENJOY THE READING! The reading in most of these threads is crap. Full of idiotic newbies praising some pimple faced kid who comes across som pattern that made money for a while then usually takes it all back.

I thought I made myself fairly clear when I said results only. More post is just sewage. Please refrain from talking more garbage. There is enough crap on this forum already pal.

As a professional trader who has read millions on lame threads I am well and truly over little twerps like you...
.... I dunno bout u man... tellin people on forums to beat it when your all "I'm sick of reading on forums, newbie this, newbie that, little twerps"

Do your own reading man... why don't you... I dunno... not expect people to hand you something on a silver platter??? You sound like a rich kid in a poor school... get over yourself... and stop demanding things of people, you're not the high all mighty...
  • #4,775
  • Oct 9, 2009 11:36pm Oct 9, 2009 11:36pm
This is just another system like the big dog and the uk open and they all lose money. You can draw lines on any 4 hour bar of the week and get the same results you will get from this system. The same results you get from the big dog and the UK system. Those results being a run of profits before chop takes it all back. It acts very much like a MA crossover system.

Yet you still get knuckle heads talking about MA crosses. I just read a thread by some guy that actually said "If you put a 5 ema and an 8 ema on a daily chart you can make some pips" That guy should just withdraw all his money now from the bank and set fire to it. Ha ha ha ha ha.
  • #4,776
  • Oct 9, 2009 11:44pm Oct 9, 2009 11:44pm
Quoting Pharoah
.... I dunno bout u man... tellin people on forums to beat it when your all "I'm sick of reading on forums, newbie this, newbie that, little twerps"

Do your own reading man... why don't you... I dunno... not expect people to hand you something on a silver platter??? You sound like a rich kid in a poor school... get over yourself... and stop demanding things of people, you're not the high all mighty...
The truth is that these threads are mainly rubbish. You will find that out for yourself.

Like I said the system makes money for a while then start to fail.

Everyone jumps in with indicators to filter out problems. Doesn't work.

They all bail out and move onto the next piece of crap.

A whole bunch of new suckers throws money and ignorance at it all over again and around and round it goes.

It's funny when you have been around as long as I have in this game and see it happen time and time again.
  • #4,777
  • Oct 9, 2009 11:44pm Oct 9, 2009 11:44pm
Quoting Gazmanfx
This is just another system like the big dog and the uk open and they all lose money. You can draw lines on any 4 hour bar of the week and get the same results you will get from this system. The same results you get from the big dog and the UK system. Those results being a run of profits before chop takes it all back. It acts very much like a MA crossover system.

Yet you still get knuckle heads talking about MA crosses. I just read a thread by some guy that actually said "If you put a 5 ema and an 8 ema on a daily chart you can make some pips"...
So go post somewhere you feel is more beneficial to you... hmmm... solution
  • #4,778
  • Oct 9, 2009 11:45pm Oct 9, 2009 11:45pm
Quoting yen44x
If I was going to start a new "threat", it would probably be directed at you, Gas Man.
Your so funny. Did you learn that humor at accountancy school ? ha ha ha Goodluck loser!
  • #4,779
  • Oct 9, 2009 11:48pm Oct 9, 2009 11:48pm
Quoting Pharoah
So go post somewhere you feel is more beneficial to you... hmmm... solution
Yeah so you can all remain ignorant? That's what you want. That's why you are all loser and why you always will be. Enjoy trading forex but realise it's just a form of gambling like slot machines and the reason you will always lose is because you are all lazy and ignorant and I will do as you say and let you stay that way.

Bye now
  • #4,780
  • Oct 9, 2009 11:50pm Oct 9, 2009 11:50pm
Quoting Gazmanfx
Your so funny. Did you learn that humor at accountancy school ? ha ha ha Goodluck loser!
Seriously man... just don't post in here, you lack a thing called respect, and it's quite frankly not welcome.

The way I see it so far, YOUR post's are the most useless posts in the thread. Go back and use the system you've been using for years to have all this experience, and let people "throw their money away"... you obviously only want to insult people anyway, maybe you should attempt doing so IRL, maybe then usin that lip of urs will get you what you deserve, a busted lip.
2 traders viewing now