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Attachments: 7am-9am Big Dog USD Breakout Strategy
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7am-9am Big Dog USD Breakout Strategy

  • #2,941
  • May 12, 2011 6:31am May 12, 2011 6:31am
Any advice on the breakout. probably looks like a sell!
  • #2,942
  • May 12, 2011 6:56am May 12, 2011 6:56am
Hi B:

What are you basing this on? Are you on the EU?

Raindrops
  • #2,943
  • May 12, 2011 7:00am May 12, 2011 7:00am
Quoting Raindrops
Hi B:

What are you basing this on? Are you on the EU?

Raindrops
My apologies. A buy as its been testing the resistance for the last hour. Also sma seems to be turning. What do you think?
  • #2,944
  • May 12, 2011 7:04am May 12, 2011 7:04am
I was initially thinking a sell as well... but you are right... a buy...

Are you using the indicator box as Boophanty is?
  • #2,945
  • May 12, 2011 7:06am May 12, 2011 7:06am
Quoting Raindrops
I was initially thinking a sell as well... but you are right... a buy...

Are you using the indicator box as Boophanty is?
Same idea but i dont use MT4. On the 15min chart its still getting resistance but i set a buy order 5 pips above this high. and a TP of 10. Id be happy with that
  • #2,946
  • May 12, 2011 7:14am May 12, 2011 7:14am
Hmmm... now looking like a sell... can't tell til it breaks...
  • #2,947
  • May 12, 2011 7:21am May 12, 2011 7:21am
Boophanty?
  • #2,948
  • May 12, 2011 7:24am May 12, 2011 7:24am
Sell on GU... up 12 pips...
  • #2,949
  • May 12, 2011 7:32am May 12, 2011 7:32am
Quoting Raindrops
Sell on GU... up 12 pips...
missed the GU were you watching both?
  • #2,950
  • May 12, 2011 7:36am May 12, 2011 7:36am
yes, watching both... got TS'd out for 1 pip on GU...
  • #2,951
  • May 12, 2011 8:13am May 12, 2011 8:13am
Just out for +13 on EU. It dropped by just let it ride.
  • #2,952
  • May 12, 2011 11:25am May 12, 2011 11:25am
Quoting Bull
First of all I want to Thank you for share your easy system.

Here is another pictures for today
Hi Bull, breffniman, boophaty and others using this break out indicators.

I am not so savy with tools and have been trying to apply Clock_v1_2 and the NewYorkBox MQL4 tools to my chart.

I already have dropped them in the Indicator folder on my C drive Indicator locations which is : Crogram FilesFxPro - MetaTraderexpertsindicators

When I now try to apply the tools via the Navigator option to my chart nothing happens.

All other tools I have do work except these two.

It seems I need the EX4 file of these too as I have tried to create these files and to no avail.

I noticed that all the other tools I do have in the Indicator folders has both the MQL4 file and the EX4 file all in the same folder.

There fore can any one please post the EX4 file for the tools mentioned above.
I want to have my chart looking just like yours Bull as above. Really good looking.

As I think that is why am having this problem. In case it is not, I will not mind being given a step by step explanations on applying these tools. All suggestions will be appreciated.

I am London based and trade via FXPRO MT4 platform in the US which are two hours ahead of me. It should not be a problem.

boophaty, still waiting for your broadcast as you had mentioned before, you were planning on it.



Thanks all and may the green pips bulldoze thier way in to your trading accounts.

Sharemaster2
Born to rule my Economic World and Make a Difference!
  • #2,953
  • May 12, 2011 11:52am May 12, 2011 11:52am
Hello

I was unable to trade today's session... My internet provider went down early morning few hours before the us session...
  • #2,954
  • Edited 12:14pm May 12, 2011 12:07pm | Edited 12:14pm
Hi boophaty,
I am really confused on the "real" trading times. I read the first post it says 7am-9am EST 14:00-16:00.

I'm in the US/kansas so my time is Central standard which would be 6am-8am for me.
My question is do i still trade the EST OR do i use my alpari metatrader time of 14:00-16:00.

If i traded the 7-9am EST. on my broker platform the time is 13:00-15:00
i tried to demo this morning at 8am CST and was a bit confused.

Thanks in advance,
Eric.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 91 KB
  • #2,955
  • May 12, 2011 1:23pm May 12, 2011 1:23pm
Quoting noobguy
Hi boophaty,
I am really confused on the "real" trading times. I read the first post it says 7am-9am EST 14:00-16:00.

I'm in the US/kansas so my time is Central standard which would be 6am-8am for me.
My question is do i still trade the EST OR do i use my alpari metatrader time of 14:00-16:00.

If i traded the 7-9am EST. on my broker platform the time is 13:00-15:00
i tried to demo this morning at 8am CST and was a bit confused.

Thanks in advance,
Eric.

Hi there,

I know I am still having issues setting up the Indicators on my platform, but the general rule is this: set up your indicators to fall in 1 hour before the break out or opening time and one hour after the break out or opening time of the market you want to trade, making it a total of two hours.

This will fall in different time zones for people in other parts of the world. So the clue is not the specific time zone but what ever it is in your local time is irrelevant. Just follow 1 hr before and 1 hour after. So it could be CET, GMT, GMT0 +1 +2 or so on. Just know what time it is for you in your local time and set your indicators and chart as above.

Hope it makes sence, if not, any one can contribute and correct me. We are all here to learn and catch those run away green pips.

Thanks.

PS: can you attache the MQ4 file for the ant-GU Breakout.ex4 which I can see you have on your chart. I am having this issue of not knowing how to create MQ4 file and EX4 file and vice vasa. This is what MT4 tools uses to make the Trading Tools Functional, I just do not know how to create them.
Born to rule my Economic World and Make a Difference!
  • #2,956
  • May 12, 2011 1:37pm May 12, 2011 1:37pm
Quoting noobguy
Hi boophaty,
I am really confused on the "real" trading times. I read the first post it says 7am-9am EST 14:00-16:00.

I'm in the US/kansas so my time is Central standard which would be 6am-8am for me.
My question is do i still trade the EST OR do i use my alpari metatrader time of 14:00-16:00.

If i traded the 7-9am EST. on my broker platform the time is 13:00-15:00
i tried to demo this morning at 8am CST and was a bit confused.

Thanks in advance,
Eric.

http://www.mapsofworld.com/time-zone...-Time-Zone.jpg

Im in Central Europe(CE) - so
New York 7-9h
= CE 13-15h
= London 12-14h
= Kansas 6-8h

Your MT should show really 6-8h,
except if you have a CE broker (13-15h)...
Attached Image (click to enlarge)
Click to Enlarge Name: beat box.jpg Size: 166 KB
  • #2,957
  • May 12, 2011 1:40pm May 12, 2011 1:40pm
Quoting Bull
Hi Mitch, here is the Indicator, I hope that can help you.

The default value are following the rules (box between 7 to 9 am NYT) a Margin of 3 pips (above and below) the high and low for entry point, then 15 - 30 - 45 pips to profit, and the SL on the other side of the box.


Bull
hi
try to apply that indicator on gbp usd setting it 1hour before and 1hour after london opening time.
things will appear .
use both london n wall street openings for breakout in 2 charts.
Attached Image (click to enlarge)
Click to Enlarge Name: gusdm15.gif Size: 38 KB
90% of traders use TA, indicators and prediction
  • #2,958
  • May 12, 2011 1:55pm May 12, 2011 1:55pm
Hello

I will be doing a live session to get everyone set up for this strategy either tomorrow evening or Saturday afternoon.. We will get the correct times set up.. I will also do a little tutor on fibs for those that don't know how to use them.. then afterwards will answer any questions any of you have. If it's just extra income you are shooting for this strategy will produce 300-400 pips a month if you trade it everyday

Set some goals really ask yourself what you want to achieve You really have to be dedicated If you want to do this for a living as my goal is to make better traders out of those that struggle to be consistent and profitable every month..
  • #2,959
  • May 12, 2011 2:00pm May 12, 2011 2:00pm
add 60ema n 200ema on 5m charts of each pair

will see a lot of entries for those who like scalpin big lots and 10-15 pips each position max
90% of traders use TA, indicators and prediction
  • #2,960
  • May 12, 2011 2:04pm May 12, 2011 2:04pm
Quoting _BBKing_
add 60ema n 200ema on 5m charts of each pair

will see a lot of entries for those who like scalpin big lots and 10-15 pips each position max


Thank you bbking for helping out.. Those would be good to scalp.. It really don't get easier than that..
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