Grants strategy is back and it's not taking any shit!!!!
Ensure your in on the ride boys and girls..................
0400-0700 GMT Breakout Strategy
- #2,864
- Mar 30, 2010 12:54pm Mar 30, 2010 12:54pm
Hi matlobien
When I looked in to it later yesterday the bar you said is correct as I didn't see the time bar been GMT+1. So yesterday would have worked out.
Thanks
Gary A
But I still do not understand how you take a second and third trade when the first one fails.
- #2,867
- Mar 31, 2010 3:44am Mar 31, 2010 3:44am
Another +20 this morning.
For March allowing for daylight saving and only 1 trade per day :
Trades 23
Winners 15
Losers 8
PIPs 140
- #2,868
- Mar 31, 2010 4:39pm Mar 31, 2010 4:39pm
a fairly good result for March all in all using Grants method but using a partial close at 20-25 pips, i am adjusting my BO Box to 4-6 am UK time for april 1 onwards,i knwo Grantleraves it set at teh same tiem regardless of Daylight savings throughout the year. in fact My broker has adjusted for the daylight savings change anyway just checeked now
bring on another good month in Apri
l
bring on another good month in Apri
l
Hi very good thread...
Have you tried to trade something similar on EURUSD? I did some backtesting from October 09 and It wasnt as good as cable was but I caught around 700 pip profit -every pip is money
so it needs to backtest older data to see if it will be profitable in longrun....I set the box from 0:00 - 6:00 GMT (Frankfurt open)...set two pending orders at 6 oclock at High/Low + 5 pips and SL on the other side of the box + 5 pips too...You dont have to wait for close of current candle just set pending orders.
just set the "offset" parameter of the indi (can be found somewhere in the threat beginning) on 5 and enter on these levels and put SL on the other side
TP is always 30 pips, no trailing SL or multiple positions/TP's, only 30 pips
and do not trade boxes with larger range than 70 pips
If you have something for eurusd or some improvements of my method just write here....
Mike
Have you tried to trade something similar on EURUSD? I did some backtesting from October 09 and It wasnt as good as cable was but I caught around 700 pip profit -every pip is money
so it needs to backtest older data to see if it will be profitable in longrun....I set the box from 0:00 - 6:00 GMT (Frankfurt open)...set two pending orders at 6 oclock at High/Low + 5 pips and SL on the other side of the box + 5 pips too...You dont have to wait for close of current candle just set pending orders.just set the "offset" parameter of the indi (can be found somewhere in the threat beginning) on 5 and enter on these levels and put SL on the other side
TP is always 30 pips, no trailing SL or multiple positions/TP's, only 30 pips
and do not trade boxes with larger range than 70 pips
If you have something for eurusd or some improvements of my method just write here....
Mike
- #2,879
- Apr 7, 2010 2:51am Apr 7, 2010 2:51am
- Joined May 2008 | Status: Trader | 1,158 Posts
act,
why dont you look up London time on the internet and compare that to Singapore time.
if the difference is 7 hours, then you always look at 1pm Singapore time at the range for the last 2 hours and place your order. Until UK winter time.
simple
why dont you look up London time on the internet and compare that to Singapore time.
if the difference is 7 hours, then you always look at 1pm Singapore time at the range for the last 2 hours and place your order. Until UK winter time.
simple