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Simple Breakout System By Zach

  • #101
  • Jun 7, 2017 11:05am Jun 7, 2017 11:05am
Zach may I ask for how long you have been using this and the results you have been getting?
  • #102
  • Jun 7, 2017 12:12pm Jun 7, 2017 12:12pm
Quoting dedetfx
gmt 9pm to 5 am mean from australian open to tokyo close?? or aus open to london open?? thanks..
Summer Hours is GMT 9pm to 5 am is from 2 pm EST (NY close/Sydney open) to 10pm EST (1 hour before FF open; 2 hours before London open).

Hope that helps
  • #103
  • Jun 7, 2017 12:25pm Jun 7, 2017 12:25pm
If you are looking for a sessions indicator this is my favourite

I simply use the vertical lines for the session start time and turn the rest off. I like it because it doesn't color up my chart too much.
Attached File(s)
File Type: ex4 Market Sessions.ex4   35 KB | 519 downloads
File Type: mq4 Market Sessions.mq4   29 KB | 620 downloads
  • #104
  • Jun 7, 2017 1:12pm Jun 7, 2017 1:12pm
Test it
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
  • #105
  • Jun 7, 2017 1:31pm Jun 7, 2017 1:31pm
Zach

Have back-tested a few days and it looks interesting. Will start to forward test.

One question I have is regarding the 9 pairs that you have selected to trade - is this based on past results?

In looking at the pairs I see some that would move in the Asian session (JPY and NZD pairs) and others wouldn't as much (European pairs). Have you had more success with the Asian vs European pairs? Secondly, give Asian (i.e. JPY and NZD) red news happens in the Asian session are these pairs traded less?

Many thanks
  • #106
  • Jun 7, 2017 3:17pm Jun 7, 2017 3:17pm
Zach, maybe it is a stupid question but how do you determine what setup to go for (buy or sell), is it just based on current currency strenght?
  • #107
  • Jun 7, 2017 4:22pm Jun 7, 2017 4:22pm
Quoting M0ndm4nn18
{quote} Hey Zach, how do you Decide what pairs you trade/ watch? And are the times 0:00 and 8:00 GMT +2?

Pls see my first post
  • #108
  • Jun 7, 2017 4:24pm Jun 7, 2017 4:24pm
Quoting samirrad
Zach may I ask for how long you have been using this and the results you have been getting?

Few years back win trade is more than loss trade
  • #109
  • Jun 7, 2017 4:33pm Jun 7, 2017 4:33pm
hi
check this
iNTELLEGENT HEDGE MARTY ON BREXIT
Inserted Video

INTELLIGENT HEDGE MARTY EURUSD
Inserted Video
  • #110
  • Jun 7, 2017 4:34pm Jun 7, 2017 4:34pm
Quoting pakeha
Zach Have back-tested a few days and it looks interesting. Will start to forward test. One question I have is regarding the 9 pairs that you have selected to trade - is this based on past results? In looking at the pairs I see some that would move in the Asian session (JPY and NZD pairs) and others wouldn't as much (European pairs). Have you had more success with the Asian vs European pairs? Secondly, give Asian (i.e. JPY and NZD) red news happens in the Asian session are these pairs traded less? Many thanks

any system,pls backtest it for 100 setup minimum
48 win trade&52 loss trade-with rational r:r,still u are in profit

generally i pick 9 pairs,but i will avoid pair with HIGH IMPACT NEWS
  • #111
  • Jun 7, 2017 5:05pm Jun 7, 2017 5:05pm
Quoting sysdoc
Zach, maybe it is a stupid question but how do you determine what setup to go for (buy or sell), is it just based on current currency strenght?

the 'early signal' for buying or selling is based on candle that 'break support or resistance'

by base on currency strength,u will differentiate it and u will find trading opportunity with it(for instant breakout setup)

Attached Image (click to enlarge)
Click to Enlarge Name: p.png Size: 66 KB


Attached Image (click to enlarge)
Click to Enlarge Name: P2.png Size: 70 KB


Attached Image (click to enlarge)
Click to Enlarge Name: P3.png Size: 79 KB





Base on above chart,u will put an instant entry LONG on GBPJPY base on your technical analysis-breakout and
GBP currency is very strong vs JPY is the weakest
  • #112
  • Jun 7, 2017 9:51pm Jun 7, 2017 9:51pm
Quoting ErollZach
AGAIN,I WILL AVOID USD PAIR FOR TODAY AS HIGH IMPACT NEWS MY ANALYSIS AS BELOW TAYOR!!! {image} {image} {image} {image}
HI ZACH. want to ask. why you buy or sell out of the box (SNR)??
  • #113
  • Jun 7, 2017 10:12pm Jun 7, 2017 10:12pm
Quoting Isabella_D
interesting @Eroll - thank you I use this strategy from 23:00-06:00 GMT, tp/SL support/resistance with good results. I will try out your time.

Thank you for the idea
  • #114
  • Jun 7, 2017 10:23pm Jun 7, 2017 10:23pm
Quoting dedetfx
{quote} HI ZACH. want to ask. why you buy or sell out of the box (SNR)??

actually the best entry is at fibonacci line

breakout can be instant and move forward-line 100 fibo
breakout can be breakout&pullback first&only move forward-line 61.8 fibo

Pls learn about PULLBACK&ELLIOTT WAVE

by doing back-test&experienced it u will learn more
  • #115
  • Jun 7, 2017 10:34pm Jun 7, 2017 10:34pm
8/6/2017-NO TRADE

However i will analysis it to know whether this system is suit during high impact news or not.so,lets analysis together
  • #116
  • Jun 7, 2017 11:56pm Jun 7, 2017 11:56pm
Quoting ErollZach
{quote} actually the best entry is at fibonacci line breakout can be instant and move forward-line 100 fibo breakout can be breakout&pullback first&only move forward-line 61.8 fibo Pls learn about PULLBACK&ELLIOTT WAVE by doing back-test&experienced it u will learn more
Nice. thanks for reply..
  • #117
  • Jun 8, 2017 12:17am Jun 8, 2017 12:17am
chfjpy m15..waiting

just this pair only because all currency have high impact news.. am i right???
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_6.png Size: 18 KB
  • #118
  • Jun 8, 2017 2:16am Jun 8, 2017 2:16am
Hi! Nice system, I'll try it too

Are you in the trade dedetfx?
If it's important to you, you'll find a way. If not, you'll find an excuse
  • #119
  • Jun 8, 2017 2:23am Jun 8, 2017 2:23am
Quoting dedetfx
chfjpy m15..waiting just this pair only because all currency have high impact news.. am i right??? {image}
im not so sure about chf
anyway,goodluck
  • #120
  • Jun 8, 2017 2:56am Jun 8, 2017 2:56am
Nice and simple system, I will give it a go on WTI intraday as from my point, besides the inventories on Wednesday and CAD news, is the most technical CFD which should work very good with fibs.

Cheers!
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