- Search Metals Mine
-
shiko replied Sep 30, 2009Pharoah, this is something different. what i mean is. we use 4H last candle of the week before market close to calculate the box size. then when market opens on Sunday orders are set according to last Friday 4H candle. now, Ace was mentioning ...
4H Box Breakout
-
shiko replied Sep 30, 2009i made quick observation, last candle is usually very small. last week last 4h box based on last 4h candle was only 75-80 pips. on g/j.
4H Box Breakout
-
shiko replied Sep 30, 2009yeah, Pharoah, you get it quick. put it also volatility differences and traders; mind set before close... now, who can put it into EA and back test



4H Box Breakout
-
shiko replied Sep 30, 2009Pharoah, the point here to use last candle to set the box. orders then placed when market opens on Sunday. Ace was talking about bettter R:R ratio. this box is much smaller. and very often price continues after open . generally, it would be nice to ...
4H Box Breakout
-
shiko replied Sep 30, 2009it is same thing. but ace told he found something with much better risk:reward ratio. now, first 4 hours of the week usually candle. re very volatile. while 4 last hours of the week are usually much less volatile. hence 4h last candle is smaller ...
4H Box Breakout
-
shiko replied Sep 30, 2009You know dudes, i have dreamed and seen Ace's spirit...
it was after Yen's burro accompanied by 5-6 shots of Tequila...
and it looks like Ace mentioned that instead of weekly first 4H candle he started using each week last candle to ...4H Box Breakout
-
shiko replied Sep 29, 2009that bitch is too busy sh*tting instead of doing her job...

4H Box Breakout
-
shiko replied Sep 29, 2009Droland, welcome back! I wonder, how do you manage to trade in B.C? the time difference must be too much.
4H Box Breakout
-
shiko replied Sep 28, 2009no, i am going short. we have down trend. it is safer to go along.
4H Box Breakout
-
shiko replied Sep 28, 2009i am actually betting on price to test new lows...it doe sit often enough lows or highs.
4H Box Breakout
-
shiko replied Sep 28, 2009this thread is alive cause we have Yen
how much is it possible to talk back testing. this has been done. just keep entering trades an d enjoy Yen's humor along with occasional buritto 
4H Box Breakout