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- bigricky replied Mar 13, 2008
I'm out at 1x profit on the short. That's me for the week. (It came within 2 pips of stopping me out before heading south again). I have looked at a few more options with the system. Looked at taking the cross channel trade after hitting the 1x ...
Weekly Gbpjpy Breakout System
- bigricky replied Mar 11, 2008
Thanks for the feedback Nomask. I am looking at some optomisation idea's now. If you guys have any ideas of the things that might be good to trial please post them. Idea's so far. After we take a 1x profit and price returns to the channel, ...
Weekly Gbpjpy Breakout System
- bigricky replied Mar 11, 2008
Qman, last post has the latest MT4 template attached to it.
Weekly Gbpjpy Breakout System
- bigricky replied Mar 11, 2008
Have just finished the backtest for 2007. As expected, very good results 2007 (2% risk per trade - compounded) 1x chan T/P (2nd trade 1x) 46.09% 2x chan T/P (2nd trade 2x) 65.21% 2x chan T/P (2nd trade 3x) 47.16% Updated SS and MT4 template attached
Weekly Gbpjpy Breakout System
- bigricky replied Mar 11, 2008
Qman, Looked at a 2x chan trade, and if it fails go for 3x on the next swing (like the original system). 2005 Only went to 3x chan 3 times (3 % to previous figure) 2006 Didn't make it to 3% chan at all.( Actually closed under 2% creating a lower ...
Weekly Gbpjpy Breakout System
- bigricky replied Mar 11, 2008
Billbss, Thats how I see it aswell when taking one of these trades I risk a certain amount of account (either 1% or 2%) on each trade. The number of pips doesn't really matter. (Unless backtesting proves that smaller or larger pip channels are more ...
Weekly Gbpjpy Breakout System
- bigricky replied Mar 10, 2008
Qman, Thanks for the reply. I haven't yet tested the 2x / 3x system. Just the 1x / 1x and 2x / 2x. I will look at this. (Your'e right this was the original and I should have tested it.) If you scroll back to 2005 and 2006 on the template you will ...
Weekly Gbpjpy Breakout System
- bigricky replied Mar 10, 2008
HI guys, Have been following this system with great interest. I am relatively new to forex and am looking for a mechanical type system. I have spent most of the weekend backtesting this system and although the results looked promising to start with ...
Weekly Gbpjpy Breakout System
- Posts by Trader Search: 'bigricky'