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  • #3,741
  • Oct 12, 2012 4:43pm Oct 12, 2012 4:43pm
Hi FH, Hi everybody
i continue in my way, manual box, this is my last 2 trade, both in gain.
GBP/USD, RR 1:1
my first 9 days earn about 277 pips, not bad..........
Regards Frank
Attached Image(s) (click to enlarge)
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  • #3,742
  • Oct 12, 2012 6:42pm Oct 12, 2012 6:42pm
Weekly breakdown: 3 CZ's, all hitting QTP.
Attached Image (click to enlarge)
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To improve is to change. To perfect, is to change often.
  • #3,743
  • Oct 12, 2012 6:52pm Oct 12, 2012 6:52pm
Quoting A.w.o.l
....and judging by your CZ's per week average which is low, it looks like you've got some solid settings there....
AWOL, this looks like a bug. Thanks for pointing it out. The correct value over 12 weeks should be 2.9, not .09. I've already notified Xux about it. Good catch!
Attached Image (click to enlarge)
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To improve is to change. To perfect, is to change often.
  • #3,744
  • Oct 12, 2012 11:58pm Oct 12, 2012 11:58pm
Quoting forexhard
AWOL, this looks like a bug. Thanks for pointing it out. The correct value over 12 weeks should be 2.9, not .09. I've already notified Xux about it. Good catch!
True to form, Xux has already fixed this bug!
To improve is to change. To perfect, is to change often.
  • #3,745
  • Oct 13, 2012 8:15am Oct 13, 2012 8:15am
Quoting ciranit
Hi FH, Hi everybody
i continue in my way, manual box, this is my last 2 trade, both in gain.
GBP/USD, RR 1:1
my first 9 days earn about 277 pips, not bad..........
Regards Frank
Hi Ciranit,
Nice pips

Did you avoid the sells shown in the 2nd 2 pictures?
  • #3,746
  • Oct 13, 2012 12:47pm Oct 13, 2012 12:47pm
Hi jamesfr,
yes, i didn't open the position in that trade short because i was waiting for the third close candel out of the CZ. Most of the time this saves me from a loosing a trade..... (Like FH wrote)......
Regards Frank
  • #3,747
  • Oct 14, 2012 5:03pm Oct 14, 2012 5:03pm
Quoting forexhard
True to form, Xux has already fixed this bug!
Err yes....i clearly was telling you it was a bug....all credit to me....

Lol not! It seemed strange but I've learned through reading many a post that 99.9% of the time its best not to question the master! (said with love)

Looking forward to another solid week....unusually a box formed right at the start of the week on the AU...PA gapped up though so no trade for me until price returns to the zone....grrrrrr.....

Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 88 KB


Edit
-----

Customary AWOL edit....how are people treating scenarios like this?

Are you waiting for PA to return to the zone and then (in my example) a bull candle to trigger?.... or just hitting the trade button when PA hits the trigger regardless of candle color?
  • #3,748
  • Oct 14, 2012 8:47pm Oct 14, 2012 8:47pm
AWOL, let me put the same question back to you, but worded differently: How well do you know that pair? How prone is it to reversal? How much time have you spent with that pair over the last 100 days? More than other pairs, or less?

And finally (and most important), do you have actual trading rules written down? And if you do, would you be going with them or against them by taking a trade from that Sunday gap?
To improve is to change. To perfect, is to change often.
  • #3,749
  • Oct 14, 2012 9:20pm Oct 14, 2012 9:20pm
How well do you know that pair?

How well can we know any pair? The market does what the market does.

How prone is it to reversal?

5%....95%....if you trade the system then it doesn't matter.

How much time have you spent with that pair over the last 100 days?

You can never spend enough time, but every pair is organic and never sits still.

More than other pairs, or less?

I treat every pair as each having its own personality. Each gets the same allotted time.

And finally (and most important), do you have actual trading rules written down?

My trading rules are simple. Follow the system and apply common sense.

And if you do, would you be going with them or against them by taking a trade from that Sunday gap?

Definitely against. To take the trade on when its flown away neglects everything you have taught us and me as risk reward and in fact the foundations of the system tells us that the trade has happened, be patient...more are sure to come. Waiting for a return to the CZ and then an upwards movement would be an acceptable entry.

Perhaps I was trying to stimulate some discussion by posting the screenshot and my opinion.....on review, I can see the post adds more clutter than anything.Apologies.
Its all thanks to you FXH that my profits and confidence have skyrocketed. Its your prerogative to rip this post apart of course. I hope you see that I have at least tried to respond with some degree of intelligence.

I am still a novice. I am still learning.
  • #3,750
  • Oct 14, 2012 9:27pm Oct 14, 2012 9:27pm
I'm not about to "rip apart" your reply, and your initial post was fine by me, but the question about time over the last 100 days/how much time as compared to other pairs is something I would think you should be able to quantify in real terms.

For example, if you asked me the same question about G/U-M15 over the last 100 days, my answer would be >90%. Easy. And harmless, too. It simply is what it is.
To improve is to change. To perfect, is to change often.
  • #3,751
  • Edited 10:14pm Oct 14, 2012 9:55pm | Edited 10:14pm
Quoting forexhard
I'm not about to "rip apart" your reply, and your initial post was fine by me, but the question about time over the last 100 days/how much time as compared to other pairs is something I would think you should be able to quantify in real terms.

For example, if you asked me the same question about G/U-M15 over the last 100 days, my answer would be >90%. Easy. And harmless, too. It simply is what it is.
All I know is, my eyes are red, my brain is bursting, my profits are better than ever, I'm enjoying my trading....but I know I need to constantly revise and improve myself.

I've spent more time than any other system on SSBO. My confidence is growing.

But the pair that "behaves" the best of all my pairs...if you can use that word...is the AU. Its my go to pair if you like.
  • #3,752
  • Oct 15, 2012 3:06am Oct 15, 2012 3:06am
Happy trading week to all.

Hope you all got the EU, i slept in.

Pairs with Jpy, Chf or Aud in them are my favorites tho EU is always open.
  • #3,753
  • Oct 15, 2012 4:04am Oct 15, 2012 4:04am
Hi
I have been following this system for a while and I am going to start trading using these breakouts live.

I would just like to thank @forexhard and others for making such a great thread.

Regards
  • #3,754
  • Oct 16, 2012 2:16am Oct 16, 2012 2:16am
Good morning everybody,
i get up this morning and i see this box, hope i see correctly.
Enter at second close candel.... spread 4,5 pips, wow!!!!!
We will see.....
Regards Frank
Attached Image(s) (click to enlarge)
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  • #3,755
  • Oct 16, 2012 8:42am Oct 16, 2012 8:42am
Hi everybody,
got it, 35 pips. I could leave running but i close in R:R 1:1 because i sow strange market this week......
Nice trade, nice system....
Regards Frank
Attached Image (click to enlarge)
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  • #3,756
  • Oct 16, 2012 8:45am Oct 16, 2012 8:45am
Here's a pretty picture. From last week's G/U 2000p nosedive comes this week's stairsteps earning it back a piece at a time. I'll be watching to see if the arc reaches all the way back to the starting CZ from Oct 5th.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 176 KB
To improve is to change. To perfect, is to change often.
  • #3,757
  • Oct 16, 2012 8:49am Oct 16, 2012 8:49am
Quoting ciranit
Hi everybody,
got it, 35 pips. I could leave running but i close in R:R 1:1 because i sow strange market this week......
Nice trade, nice system....
Regards Frank
Frank, nice trades! Welcome to SSBO!
To improve is to change. To perfect, is to change often.
  • #3,758
  • Oct 16, 2012 8:56am Oct 16, 2012 8:56am
Thanks FH
i'm honorate to be part of this thread.
Regards
  • #3,759
  • Oct 16, 2012 4:01pm Oct 16, 2012 4:01pm
Man, I'll be glad when the EA surfaces and I can begin to forward test this baby 24 hours a day. My day is the Asian session. I know a lot open in the Asian session but I would still miss too many overnight.

The one that's got me flumoxed is E/NZ - I have 1576 pips won but on a 46 % ratio. Martingale certainly steps in nicely here. Next is to win with it non Martingale.
  • #3,760
  • Oct 16, 2012 6:10pm Oct 16, 2012 6:10pm
Quoting AltosTrader
Man, I'll be glad when the EA surfaces and I can begin to forward test this baby 24 hours a day. My day is the Asian session. I know a lot open in the Asian session but I would still miss too many overnight.

The one that's got me flumoxed is E/NZ - I have 1576 pips won but on a 46 % ratio. Martingale certainly steps in nicely here. Next is to win with it non Martingale.
Decide whether you want quality over quantity. I've cut down my AU pips in favor of increased win % and fewer trades (down from one fourth trade to 100% trade 3's (8 times in the past 100 days).

Remember, tinker with auto reduce box size. On certain markets it really tightens things up, improving win % and reducing the number of martingales.
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