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  • #21
  • Edited 8:43am Jan 6, 2013 8:28am | Edited 8:43am
Hi everyone.

It is actually my first post. I was browsing this forum some time already and this morning i think i found what i was looking for.

Im very interested in your system Jerry. Can you send me system parameters.
Im not sure what PM is and how it works.

I'll be very appreciated you

Edward
  • #22
  • Jan 6, 2013 10:29am Jan 6, 2013 10:29am
Hi Jerry! Can I receive the parameters?

Thanks in advance
  • #23
  • Jan 6, 2013 10:33am Jan 6, 2013 10:33am
Quoting Edinburg50
Hi everyone.

It is actually my first post. I was browsing this forum some time already and this morning i think i found what i was looking for.

Im very interested in your system Jerry. Can you send me system parameters.
Im not sure what PM is and how it works.

I'll be very appreciated you

Edward

Hi Edward

Doesn't look like you have a "private message" function on your profile. email me at [email protected]

I will remove this post shortly to prevent spammers getting hold of my email address!

Rgds

Jerry
  • #24
  • Jan 6, 2013 10:50am Jan 6, 2013 10:50am
NB: SORRY EVERYONE - THERE WAS A TYPO ERROR IN THE SET -UP INSTRUCTIONS I SENT TO SOME PEOPLE




THE 3 TRADING PAIRS I USE ARE : EURUSD , GBPUSD & EURJPY


Sorry I mentioned EU twice - left out EURJPY!!
  • #25
  • Jan 6, 2013 12:47pm Jan 6, 2013 12:47pm
Hi everyone

VERY IMPORTANT - WHEN NOT TO TRADE!!


Just a some rules that I forgot to mention:

1/ DO NOT SET ANY TRADES ON MORNINGS/AFTERNOONS WHEN IMPORTANT NEWS IS EXPECTED (always check the FF calendar)

2/ BE CAREFUL OF UK / US BANK HOLIDAYS WHEN VOLUME IS LOW - PRICE ACTION "SPIKES" ARE COMMON - HIT YOUR SL
  • #26
  • Jan 6, 2013 1:27pm Jan 6, 2013 1:27pm
Hi everyone

Sorry as a kind trader just pointed out, I miscalculated Friday's trades on GBPUSD - Of course the SL's would have been hit in the morning (sell trade) and in the afternoon (buy trade)

There are two reasons for this problem.

1/ Friday saw a possible change of trend (down to up). Whenever that situation occurs as you know we get a lot of whipsawing and choppy price movement with the price shooting up and down as it re-tests support/resistance levels. Obviously this is not a good situation for our strategy especially with a highly volatile trading pair like GU.

2/ GBPUSD is a very volatile trading pair. Our strategy is sound - just the SL level is possible to low for this trading pair. When I was first formulating the strategy, I considered a 15 pip SL all round but perhaps we should make it a rule for GU.


Anyway, PLEASE DEMO THE STRATEGY FOR AT LEAST A FEW DAYS BEFORE DECIDING TO TRADING IT LIVE!!

Rgds

Jerry
  • #27
  • Jan 7, 2013 2:33am Jan 7, 2013 2:33am
Hi Jerry,

I do demo trading your nice JBO system on EU, EJ GU, UC at first for some days:

today EU, EJ both +10 (with 2 positions or partial close even more, especially EJ +30)

EU sold 1.30362
EJ sold 114.493
GU sold 1.60369, still open
UC bought 0.92765, still open
I never lose - either I win or I learn...
  • #28
  • Jan 7, 2013 2:48am Jan 7, 2013 2:48am
Hi guys,

perhaps somebody may recommend a trade management EA/Script which does the entry math calculation, allows partial close and has a time funktion for cancelling non-triggered orders.

UJ, AU backtesting +10 today as well

Happy Trading, jdva
I never lose - either I win or I learn...
  • #29
  • Jan 7, 2013 3:17am Jan 7, 2013 3:17am
GU -15
UC closed at BE
I never lose - either I win or I learn...
  • #30
  • Jan 7, 2013 3:26am Jan 7, 2013 3:26am
GU pending buystop 1.60669
UC pending sellstop 0.92465

both probably get not filled before time-out
I never lose - either I win or I learn...
  • #31
  • Jan 7, 2013 3:43am Jan 7, 2013 3:43am
Quoting jdva
GU -15
UC closed at BE

UC missed target by 0.3 pips because of spread...
I never lose - either I win or I learn...
  • #32
  • Jan 7, 2013 4:02am Jan 7, 2013 4:02am
Quoting jdva
Hi Jerry,

I do demo trading your nice JBO system on EU, EJ GU, UC at first for some days:

today EU, EJ both +10 (with 2 positions or partial close even more, especially EJ +30)

EU sold 1.30362
EJ sold 114.493
GU sold 1.60369, still open
UC bought 0.92765, still open

Hi jdva

Welcome to the thread

Yes worked wonderfully well this morning on EU + 10 and EJ + 10


Hope some people made a few bucks!
  • #33
  • Jan 7, 2013 4:24am Jan 7, 2013 4:24am
Thanks for starting and sharing this thread. Im very interested to learn this strategy. It seems super simple.Jerry kindly please PM me your parameters. Thank you so much!
  • #34
  • Jan 7, 2013 7:38am Jan 7, 2013 7:38am
Hi


Well it looks like GU is going to be the big bad wolf again !!


Maybe we should consider only trading EU and EJ for consitent results - people can make up their
own mind on that.

Rgds

Jerry
  • #35
  • Jan 7, 2013 7:39am Jan 7, 2013 7:39am
Quoting mario777
Thanks for starting and sharing this thread. Im very interested to learn this strategy. It seems super simple.Jerry kindly please PM me your parameters. Thank you so much!

Will do mario777


Thanks for your kind words!!
  • #36
  • Jan 7, 2013 7:52am Jan 7, 2013 7:52am
Quoting jmtini
Will do mario777


Thanks for your kind words!!
Thank you again Jerry. I like the 15 Min TF. Btw, is the time you mentioned is 30 minutes before the london session open?
  • #37
  • Jan 7, 2013 8:03am Jan 7, 2013 8:03am
Quoting mario777
Thank you again Jerry. I like the 15 Min TF. Btw, is the time you mentioned is 30 minutes before the london session open?

Hi Mario777

No


Please direct set up questions through private message - thanks


Guys remember that my times are GMT - that is the time as it is right now in the UK !

Google: "correct time UK" right now if you live in another country!
  • #38
  • Jan 7, 2013 8:04am Jan 7, 2013 8:04am
Guys looks like GU might work out OK for the buy pending this afternoon - turning quite bullish!
  • #39
  • Jan 7, 2013 9:48am Jan 7, 2013 9:48am
JBO afternoon trades:

EJ +10
EU +10 (could manage to get +16 with partial close)
UC +10 (filled sellstop 15:09 GMT!)

nice pipping today....thx Jerry

HT jdva
I never lose - either I win or I learn...
  • #40
  • Jan 7, 2013 10:20am Jan 7, 2013 10:20am
JBO backtesing afternoon:

EG +10
CHFJ +10
AU BE
GU no trade (+10 but possible entry after time-out according to the rules)
I never lose - either I win or I learn...
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