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- billbss replied Jul 18, 2007
Yeah, I noticed that he did. I didn't mention that.

Breakout + Spread!! Sure!!!
- billbss replied Jul 18, 2007
Eagle- You show a 12 pip range from the bottom of the box to the low of the next candle. I show 10. That's understandable, but to have exited at that next candle low you had to sacrifice the spread. Mine is 5 pips on that pair. Yours must be close ...
Breakout + Spread!! Sure!!!
- billbss replied Jul 18, 2007
Yes, but he only measures three candles. The box encloses four candles. The first candle to the left is not measured.
Breakout + Spread!! Sure!!!
- billbss replied Jul 18, 2007
Not that much. With my spread I could only have made 6 pips if I had traded at that time. I checked two different platforms- IBFX and FXDD.
Breakout + Spread!! Sure!!!
- billbss replied Jul 18, 2007
In that case he could not have made 12 pips on the AUD/USD this morning. Put that box on that pair and look at it. UNLESS- He is using different time parameters for different pairs.
Breakout + Spread!! Sure!!!
- billbss replied Jul 18, 2007
Guys- this time thing is the biggest mess I've ever seen. If you'll check Eagles charts against your own charts, you'll see he starts his count at the bar that begins at 0500 GMT and ends it at the bar that ends at 0800 GMT. That is 9AM London time ...
Breakout + Spread!! Sure!!!
- billbss replied Jul 18, 2007
It depends on the broker what times are shown on the MT4 charts. The only one I know that uses GMT time is IBFX.
Breakout + Spread!! Sure!!!
- billbss replied Jul 18, 2007
I have to differ with you. I have mine set up exactly as Eagle said to and I only see 6 pips on the short.
Breakout + Spread!! Sure!!!
- billbss replied Jul 18, 2007
It's confusing. It always is when time is given in anything other than plain unadulterated GMT. On an hourly chart, the indicator draws the box ONE bar to the left of the actual bar that begins the measurement. It draws it at 0400 GMT. The first bar ...
Breakout + Spread!! Sure!!!
- billbss replied Jul 18, 2007
I read the thread and could never figure out the actual time parameters of the box. I matched up Eagle's charts with GMT time and this is what I found- He's running his box from 0400 GMT until 0700 GMT. As far as what is considered a breakout- I ...
Breakout + Spread!! Sure!!!
- billbss replied Jul 10, 2007
If you mean you can money manage a break even system into a winner, I disagree. I think the myth that you can turn a non winning method into a winner through money management costs more people more money than anything else going around these boards. ...
Which system is the best? Or which combinations of systems work the best?
- billbss replied Jul 7, 2007
You threw me for a loop with this explanation. I thought I understood it until I read this. If M, W and Daily are blue and 4H is red, why not wait for the 4H to turn blue and enter on it? OR If the 4H is being used as the main trend indicator and it ...
Scalping Technique Made Easy
- billbss replied Jun 29, 2007
When do you consider the day opening and closing? 0000GMT? If we hit the SAR, do we set the same PTs for the trades in the new direction?
Shadow System
- billbss replied Jun 28, 2007
As you indicated with the system name, this is the Turtle System, except Turtle uses 50 and 20. Do you use the Turtle Money Management?
Personnal Muck turtle system
- billbss replied Jun 25, 2007
You don't understand bid and ask prices. For a long you would set a 10 pip TP. You would not add anything to it. 10 pips- period. Price would have to go up 14 pips to hit the 10pip TP. Not because you have added 4 pips to it, because of the 4 pip ...
NipThePips' Boomerang
- billbss replied Jun 25, 2007
If your spread is 4 pips. You are already down 4 pips when you enter. In order to make 10 pips price must move 14 pips. If you raise the TP 4 pips to 14 pips then price must move 18 pips to hit it. As to the SL. It depends on what you mean by adding ...
NipThePips' Boomerang
- billbss replied Jun 25, 2007
I don't think it will be that simple. If the spread is 4 pips, for example, adding 4 pips to both the SL and TP means price will have to move 18 pips to hit the TP and only 5 pips to hit the SL. I think that will gut any backtesting you've done.
NipThePips' Boomerang
- billbss replied Jun 22, 2007
I'm almost there. Is it accurate to say that if the daily bar has not penetrated the 10EMA of the Highs you place a sell limit a few ticks above the EMA or do you wait to sell until the bar has closed and its high has exceeded the 10EMA of the highs? ...
Big Sandwich System
- billbss replied Jun 21, 2007
Mongoose, I'm a little confused. Are your results based upon mechanically trading the code you published? or Do you only take trades in the direction of the weekly trend? Also, When price penetrates one of the 10EMAs, do you enter at the close of ...
Big Sandwich System